Woofun AI data shows that Bitcoin traded near $65,489 on July 21, with an intraday range between $63,742 and $65,697. On-chain metrics indicate easing selling pressure, as the long-term holder SOPR rose from 0.615 to approximately 0.74, signaling smaller realized losses. Simultaneously, exchange balances declined from 2.718 million BTC to 2.704 million BTC, while Coin Days Destroyed remained subdued. Conversely, Brent crude moved above $90 and WTI settled near $83.23 on July 20, reviving inflation concerns that may strengthen the dollar and delay monetary easing. Resistance at $65,700 remains firm, requiring sustained demand for a confirmed breakout.