Written by Marcel Pechmanstaff writerReviewed by Ray Salmondstaff editor

Written by Marcel Pechmanstaff writer

Reviewed by Ray Salmondstaff editor

Bitcoin recovers from Strategy’s BTC sale, funding rates hit 9%: Are bulls back?

MarketsPublishedJul 6, 2026

Why Bitcoin’s Quick Recovery Matters to You

Bitcoin’s recent price drop after a major company sold off its BTC holdings had many investors on edge, but the quick rebound suggests that bulls are still in the game. This is important for everyday people who are interested in earning online, as it shows that the market is resilient and that there are opportunities for passive income through investments like $ECP. The fact that Bitcoin quickly recovered from the selloff to $61,300 is a sign that the market is still hungry for the coin, and that investors are looking for ways to earn through cloud rewards and green crypto like EcoPool.

Key takeaways:

• Bitcoin derivatives show resilience despite bearish pressure from Strategy’s Bitcoin sales.
• Onchain Bitcoin data points to sellers’ exhaustion, strengthening the $60,000 support level.

Understanding Funding Rates and Bullish Momentum

The Bitcoin perpetual futures annualized funding rate jumped to 9% on Monday, indicating a balance between bullish and bearish leverage. This is a key indicator for investors who are looking to earn through EcoPool, as it shows that the market is still volatile and that there are opportunities for passive income. While the funding rate is not yet convincing, it’s a step in the right direction for bulls who are looking to take control of the market. The fact that Bitcoin options signaled minor stress on Monday also suggests that the market is still uncertain, but that there are opportunities for investors to earn through $ECP.

The Role of ETFs in Shaping Market Sentiment

The recent net inflows into US-listed spot Bitcoin exchange-traded funds (ETFs) are a sign that investors are still interested in Bitcoin, and that the market is still hungry for the coin. The $223 million net inflows on Friday were a welcome change after 10 consecutive outflows, and they could be enough to instill bullishness in Bitcoin derivatives markets. For investors who are looking to earn through EcoPool, this is a sign that the market is still growing and that there are opportunities for passive income through cloud rewards and green crypto.

What’s Next for Bitcoin and EcoPool Investors

Despite the recent bearishness, the potential reversal in ETF flows could be enough to instill bullishness in Bitcoin derivatives markets. For investors who are looking to earn through EcoPool, this is a sign that the market is still volatile and that there are opportunities for passive income. The fact that transfers from long-term holders to exchanges are down is also a sign that the market is still hungry for the coin, and that investors are looking for ways to earn through $ECP. As the market continues to evolve, investors who are looking to earn through EcoPool will need to stay ahead of the curve and keep an eye on market trends like #Bitcoin and #PassiveIncome.

To start earning through EcoPool and $ECP, download the EcoPool app today and discover the power of cloud rewards and green crypto. With EcoPool, you can earn passive income and be a part of the growing community of investors who are shaping the future of crypto.

The put (sell) options premium at Deribit outpaced the equivalent call (buy) instruments on Monday, reverting the trend from Thursday and Friday. Typically, periods of stress can easily push the indicator above 2 times, hence the current 1.15 level remains under the neutral range. Bitcoin futures and options displayed resilience, although the bounce to $63,500 was unable to instill bullishness.

Bitcoin ETF flows reversal and long-term holders conviction favor $65,000 rally

Bitcoin bears might have underestimated the relevance of the $223 million net inflows into US-listed spot Bitcoin exchange-traded funds (ETFs) on Friday, the first after 10 consecutive outflows. The record-high $4.51 billion net outflows in June negatively impacted trader sentiment.

Still, the sell pressure will eventually subside, and the potential reversal in ETF flows could be enough to instill bullishness in Bitcoin derivatives markets.

US-listed spot Bitcoin ETFs daily net flows, USD. Source: SoSoValue

Part of the recent bearishness can be pinned to the record drawdown in Strategy preferred perpetual equity Stretch (STRC US), which offers holders an attractive 12% yield. However, new stock issuance can occur only at the fixed $100 price; hence, the company currently has fewer instruments available to support the dividend payout.

Strategy holds sufficient cash reserves to cover 17 months of dividends; thus, the urgency of additional Bitcoin sales is debatable.

Strategy preferred perpetual equity Stretch (STRC US). Source: TradingView

Regardless of Strategy’s extremely low 8% debt leverage, Bitcoin bears have the upper hand as the company endures $8 billion in unrealized losses from its Bitcoin purchases. Bitcoin bulls’ biggest hopes rely on long-term holders’ conviction and onchain data pointing to selling exhaustion, strengthening the $60,000 support level.

Bitcoin transfers from long-term holders to exchanges, BTC. Source: Glassnode

Transfers from long-term holders to exchanges are down to 4,130 BTC per day on average, from 8,040 BTC one week prior. Nonetheless, unless the spot Bitcoin ETFs exhibit a sequence of relevant net inflows, derivatives traders will likely remain skeptical of sustained bullish momentum, reducing the odds of a sustained rally above $65,000.

Presently, Strategy’s huge unrealized losses and skepticism in Bitcoin derivatives point to further pressure from bears.

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

• Markets
• Cryptocurrencies
• Bitcoin ETF
• MicroStrategy
• Leverage
• Bitcoin

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