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$BTC: Macro Tailwind, Missing Momentum Goldman Sachs is turning more cautious on the rate-hike outlook, with weaker retail activity, softer labor data and persistent inflation making a September hike look increasingly unlikely. That should be supportive for risk assets. Yet $BTC and $ETH haven’t fully responded. ETF demand has cooled, spot activity remains muted, and the market still lacks the aggressive buying needed to turn a macro tailwind into a sustained trend. For $BTC, $63,800–$64,500 remains the key resistance band. A clean break above that zone with expanding volume would carry far more weight than another round of bullish macro headlines. Until then, the setup looks more like consolidation than a confirmed reversal. Price gets attention. Volume confirms the move. #BTCVolumeDriesUp #SPCXOwnershipRevealed #OKXOutcomeLeagueS2