According to @FarsideUK, Bitcoin (BTC) achieved a record monthly close above $107,000 in June, but its 2.5% gain was overshadowed by the euro's 4% surge against the US dollar. On-chain data indicates persistent profit-taking from long-term holders, with realized gains reaching $2.4 billion on Monday. From a technical perspective, BTC formed a bearish 'outside day' candle, which often signals a renewed downtrend. Analysts like Valentin Fournier from BRN remain constructive long-term, citing institutional adoption, but have slightly reduced exposure to protect capital. Traders are advised to be cautious, as the third quarter is historically Bitcoin's weakest, and lower summer liquidity could lead to exaggerated price moves. Upcoming significant token unlocks for Sui (SUI), Ethena (ENA), Aptos (APT), and Arbitrum (ARB) could also introduce market volatility.