Bitcoin Falls 5.96%, ETH Drops 8.91% Weekly; AHR999 Hits Historic Low 0.287 as PCE Data Triggers Rally

According to Bybit, on the week of June 23-29, Bitcoin fell 5.96% (from $64,020 to a low of $58,112, closing at $60,206), while Ethereum dropped 8.91% (from $1,728 to $1,512, closing at $1,574). The AHR999 bottom-fishing indicator hit a historic low of 0.287, entering an extreme undervaluation zone.

U.S. May PCE data came in at 4.1% year-over-year, with core PCE at 3.4%, the hottest reading since autumn 2023. However, as markets had priced in the increase, the data release triggered a "bad news priced in" rally. BTC and ETH daily RSI both showed bullish divergence structures, indicating faster momentum recovery than price movement. The upcoming NFP report on July 2 (expected 113,000 jobs, 4.3% unemployment) remains a critical risk factor for crypto assets.