CoinEx Daily: Bitcoin Softens on Risk-Off Shift, Fed Uncertainty and Oil-Fueled Macro Pressure

Daily View

Bitcoin pulled back below $77,000 and traded near $76,600 as the recent rally showed signs of fatigue, with thin volume and bearish indicators leaving price action vulnerable to macro-driven volatility. Macro conditions turned less supportive as Bank of Japan rate-hike talk lifted the yen, persistent Fed uncertainty kept rate expectations in focus, and higher oil prices tied to Middle East tensions added pressure while equities and broader risk appetite remained cautious alongside a firm dollar backdrop. Overall crypto market sentiment was risk-off but orderly, with traders rotating toward defense as bitcoin continued to anchor market stabilization even as broader participation softened.