[Wintermute: Bitcoin May Drop to $59,000 in the Short Term Due to Summer Liquidity Shrinkage] According to a report by CoinDesk, market maker Wintermute's OTC trading division noted that Bitcoin and Ethereum are trending toward the lower end of their recent ranges, influenced by the Federal Reserve's hawkish stance and geopolitical news. Wintermute's options pricing indicates that Bitcoin is expected to fluctuate between $61,242 and $63,563 in the next 24 hours, while Ethereum is expected to range between $1,606 and $1,694. The report also highlighted that correlations between tokens are increasing, liquidity is shrinking with the arrival of summer, and ETF fund inflows show no signs of new institutional buying. Wintermute has marked $59,000 as a key level to watch, suggesting that if current pressures persist, this level could serve as a bearish low-point support.