The morning read.

Bitcoin is repricing downward. Cointelegraph reports $60.4K as "the most important area" and notes Binance outflows tripled to $1.2B with ETH withdrawals hitting a 3-year high — the crowd is de-risking in size.

THE READ — Bitcoin's July bull case is fading. $107K of volume confirms this is real conviction, not noise, and three sources document the technical and flow context.

THE READ — $66K pushed Musk's tweet-volume probability up 20 points with no visible news catalyst. This is either informed speculation about his posting cadence or a technical bet on observable behavior.