CoinEx Daily: Bitcoin Slides Below $63,000 on Defensive Sentiment and Liquidation-Driven Risk Reduction

Daily View

Bitcoin extended its selloff, briefly breaking below $62,000 and sliding near $64,000 for the first time since February as long liquidations accelerated and momentum weakened. Macro conditions remain cautious as markets continue to digest Middle East geopolitical risk, while the backdrop of elevated rates, uneven equity sentiment, and firm dollar conditions is limiting appetite for higher-volatility assets. Overall crypto sentiment is defensive, with broad risk reduction, persistent fund outflows, and signs that investors are becoming more selective even as some longer-term positioning indicators approach potential bottoming levels.