7.12 Laboratory Daily:

The CPI data is very positive, but the US stock market has fallen instead. Is the good news a bad thing?

Or is it because the good news has been hyped in advance, and when the good news comes to fruition, it is also the time to ship?

1. The wide fluctuation of BTC is a bit hurtful. Yesterday it reached 60,000 but did not go up. Today it is already 5.7, and the daily line seems to be in a downward trend.

2. After the CPI data was released, traders began to price in three interest rate cuts by the Federal Reserve this year; the number of initial jobless claims in the United States fell more than expected, reaching the lowest level since the end of May;

3. CryptoQuant CEO: Justin Sun was long Bitcoin at a price of $67,000 last month, with a position of $420 million; (the mortgage is said to come from HTX users)

4. Today’s panic and greed index is 25, which has reached a new low since January 2023; (a panic index below 30 is extreme panic)

5. According to data analysis by @santimentfeed, ETH has reached 34% of the total supply, setting a record high;

6. Jupiter has completed 4 upgrades and will be used for Sanctum token release;

7. SEC concludes investigation of @PaxosBUSD;

8. @0xngmi tweeted that a series of projects using Square Space domain name services are at risk of being attacked, including Pendle, dYdX, etc., and it is recommended that everyone not link to them first;