Woofun AI data shows that Bitcoin rose approximately 10.5% from its cycle low of $57,803 on July 1, maintaining a positive trajectory for the month despite Strategy's large-scale BTC sales between June 29 and July 2. Spot ETFs recorded consecutive daily inflows exceeding $200 million, halting a ten-day net outflow streak totaling $2.73 billion. While June saw nearly $4.06 billion in net redemptions over nine weeks, these flows primarily reflected Authorized Participants returning shares rather than immediate on-chain selling. Currently, about 10.83 million BTC are in unrealized loss compared to 9.22 million profitable coins, a historic shift often associated with bear market bottoms.

However, confirmation of a macro bottom requires Bitcoin to reclaim the "True Market Mean" level near $71,500. The $61,000 level remains a key battleground as long-term holders begin re-accumulation.