7.6 Lab Daily:
BTC hit a low of 5.35 and is currently recovering to 5.65.
ETH hit a low of 2800 and is currently recovering to 3000.
Sol seems to be more powerful.
If there is no major negative news, the short-term bottom should be reached.
1. "The Chinese government holds 194,000 bitcoins for sale" is a misunderstanding, most of which have been sold through Huobi;
2. Mt.Gox is frantically moving BTC in its own address, and some creditors have received tokens;
3. Grayscale Ethereum Trust Fund has turned from a discount to a premium;
4. QCP Capital: Market panic has gradually subsided, Bitcoin has good support at 54k, and the probability of interest rate cuts in September and December has increased;
5. The U.S. House of Representatives will vote next week to overturn President Biden's veto of SAB 121;
6. Multicoin will provide up to $1 million in Solana donations to candidates who support cryptocurrencies;
7. @JupiterExchange has launched an airdrop, and brothers who pledged $JUP can check the rewards.

Rescue

This time I am completely convinced

7.3 Lab Daily:
Another decline, may it reach 5.85 again to touch the double bottom?
Some ETH whales have liquidated a series of ETH ecological tokens, and the whales can't stand it anymore.
1. Fed Chairman Powell: Inflation may return to 2% by the end of next year or the year after;
Fed Chairman Powell: We need to see more data like the recent ones to be more confident before lowering the policy rate;
Fed Chairman: We need to be more confident before lowering the policy rate;
2. The Bahamas is preparing to introduce legislation requiring commercial banks to support its CBDC.
3. South Korea's DAXA will review 1,333 tokens listed on Korean exchanges.
4. US SEC members call for an update to the S-1 form to better accommodate the uniqueness of cryptocurrencies.
5. Bitcoin spot ETFs had a total net inflow of US$129 million yesterday, with net inflows continuing for 5 days.
6. Bitwise Chief Investment Officer: Ethereum ETP performance may far exceed expectations.
7. Pump.fun surpassed the Ethereum network in terms of daily revenue;
Yesterday's record single-day revenue was 190wu;
VC's copycats seem to be really dead, Bitcoin has not changed much, and the copycats are basically hitting new lows every day.
Welcome 2~3 months of boring market time.

In the past six months, you have sent a total of 130 "Bull back, come back quickly"
200 "Big is coming"
380 "Run away quickly" Your optimism exceeds 99% of the coin friends on the entire network
You think your emotions have become stable and your personality has gradually become cheerful, but in fact you have gone crazy

7.2 Laboratory Daily:
The overall market is starting to improve. If the daily line hits the bottom and there is a V-shaped reverse trend, and if the weekly line hits the bottom and there is a V-shaped reverse trend, then the upward trend can be confirmed.
1. The Coinbase Premium Index shows that the price of Bitcoin may be close to or has bottomed out;
2. @silvergatebank reached a $63 million settlement with the US SEC, the Federal Reserve and California regulators; (Sure enough, the SEC is just for money)
3. The SEC has confirmed that it has received the Ethereum and Bitcoin dual ETF application submitted by Hashdex;
4. The class action lawsuit against GameStop trader "Roaring Kitty" was withdrawn just a few days after filing;
5. The US Department of Justice paid Coinbase $32.5 million for cryptocurrency custody and trading services;
6. The class action lawsuit against GameStop trader "Roaring Kitty" was withdrawn just a few days after filing;
7. @StaniKulechov announced that Aave will be expanded to the first non-EVM @Aptos;
8. Circle became the first global stablecoin issuer to obtain a photo of an electronic currency institution under the EU MiCA crypto law;
9. Data: The total gas consumption on the Base chain is about 15,000 pieces ETH, user addresses exceeded 15 million;
10: US listed company Kronos Advanced Technologies added SHIB as a payment method;
11, @JupiterExchange
announced that it will issue active staking rewards to users who voted on proposals from March to June;
12, Sony will spend $103 billion to launch a cryptocurrency exchange;

7.1 Lab Daily:
July has a good start, I hope that May will be poor, June will be desperate, and July will be a turnaround!!!
1. After five days of fluctuations on the daily line, BTC finally broke through the 6.2 pressure level, which temporarily supported the downward trend. Whether it has bottomed out depends on whether the weekly line can stand firm.
2. ETH's trend is relatively strong, and it looks a bit like a V shape.
3. After SOL submits the ETF, it may become the most beautiful boy in this wave.
4. Ldo has returned to $2. It seems that people no longer buy into the SEC's account. The story of the wolf coming is useless after too many times.
5. Sony Group acquires cryptocurrency trading platform Amber Japan;
6. Grayscale Ethereum Trust (ETHE) negative premium rate is now 1.29%;
7. Galaxy executive: The vast majority of Mt.Gox creditors said they will be paid in kind and will not sell in large quantities;
8. This week, pay attention to US non-farm data and the minutes of the Federal Reserve and the European Central Bank;
9. Ether.fi: The new proposal was voted through, and 25 million ETHFI will be airdropped to pledgers in the third quarter;
10. $ENS hit a new high and will release a new brand on @EthCC.

6.30 Laboratory Daily:
1. The U.S. Internal Revenue Service has finalized new regulations on taxing cryptocurrency;
2. CoinRoutes CEO: Opposition to the US SEC’s court ruling has reached a critical point;
3. On June 29, the cryptocurrency panic and greed index was 30, and market greed reached a nearly one-year low;
4. Curve founder: The 30 million CRV sold to Christian will be delivered in batches in mid-August;
5. TON network TVL exceeded US$680 million, continuing to hit a record high;
6. @CatizenAI
A gaming platform will be launched and a large-scale airdrop will be held in July;
7. According to Token.unlocks data, starting from July 24, $WLD will unlock 6.62 million tokens every day, which is approximately 18 million US dollars and will last for 730 days;
8,@AleoHQ
A testnet validator incentive program will be launched from July 1st to 15th, with the goal of verifying the coinbase reward mechanism and underlying puzzles;
The market is still in turmoil, and BTC looks like it will continue to fall, let alone copycats. When will it end?

6.29 Lab Daily:
It has fallen back to around 60,000. It was rare for the market to be good for two days, but it was hit hard by the SEC.
1. $ETH was affected by the SEC's review of pledge projects as "securities" yesterday, and it plunged from a high platform. Among them, the "$LDO $RLP" named directly plummeted by 20-30%;
Pledged ETH is considered a security, so ETHFI.PENDLE and the like are actually not immune.
After Sol is passed, Jto will also become a security, so pay attention to the follow-up.
2. Bloomberg analyst: The expected listing time of the spot Ethereum ETF may be postponed to after July 8;
3. The US stock market rose slightly. As inflation cooled, cryptocurrencies fell and the market responded to the debate;
4. Fed Daly: If inflation falls, the Fed can adjust its policy in a timely manner;
5. Arweave AO: More than $400 million worth of stETH has been deposited; (Isn’t this also a security!!! SEC definition)
6. Jump Crypto’s backers may make the CFTC investigation worse;
7. The SEC sued Consensys for MetaMask swap and pledge services; Not long ago, Consensys issued a document that the SEC would not review eth2.0, and now it has directly sued;
8. Fetch.ai announced that FET held or pledged on its mainnet will be automatically converted to native ASI tokens;
The market is helpless. Maybe only the contract air force is making money, and the next group is shouting losses.
ETHgas has become 1, and there is also a cry on the chain.

6.28 Lab Daily:
Sol submitted an ETF application and then led the upward attack.
It was just an application, I don’t quite understand it, but I was shocked.
The market is not short of money, but it is too short of hot narratives.
1. Fed President Bostic: It is expected that interest rates will be cut in Q4 this year and by 100 basis points next year;
2. BlackRock has purchased IBIT (BTC spot ETF issued by it) and officially included it in its Global Allocation Fund (BlackRock Global Allocation Fund);
3. US intelligence agencies warn that a large-scale war may break out between Israel and Hezbollah in Lebanon in the coming weeks;
4. According to NBC, the US Department of Defense has transferred US military assets to the vicinity of Israel and Lebanon and is preparing to evacuate Americans in Israel and Lebanon;
5. @MantaNetwork's wUSDM stablecoin has received support from BlackRock's BUIDL Fund;
6. @okx released the 20th PoR: the total value of reserves for BTC, ETH, USDC and USDT is US$22.3 billion;
7. Market news: Market maker GSR said in its latest research report that it will be bullish on SOL;
8. Coinbase International Station will launch ALT, LDO and PENDLE Perpetual contract trading;
It is also a good thing, the market needs hot spots to attract funds.
Sol's meme can be followed again, and the wealth-creating effect may come again.

#BTC☀ This trend seems to have reached the bottom in the short term, but I am beginning to doubt whether there will be further declines.
Maybe when I start to doubt, it is really close to the bottom.

6.27 Laboratory Daily:
Now half of the people on X are bullish and the other half are bearish.
After looking around, it all makes sense.
Just follow the market trend without making any judgments.
1. BTC fluctuates in a wide range, but it is a bit hurt if it cannot get past 6.2. The rebound is immeasurable, and there are no sustained hot spots in the market.
2. Data: Grayscale GBTC had a net inflow of US$4.3 million on June 25;
Source: Ethereum ETF is expected to be approved for listing before July 4;
3. Sources: The changes to the Ethereum spot ETF S-1 document are minor, but there may be at least another round of revisions;
4. The US government sent another 4,000 BTC to coinbase;
5. Blast was really countered. A big brother pledged 50 million US dollars for 5 months, airdropped 100,000 US dollars, and used USDT for financial management.
6. @weremeow, the founder of @jupiterexchange, made a MEME, retweeted it and left his address, there may be good news.

6.26 Laboratory Daily:
Yesterday it fell below 60,000, hitting the lowest level of 5.85, and pulled back again overnight.
The copycats no longer follow the trend, and Ldo, AAVE, LINK, etc. took the lead.
It is true that the price has not changed, but the position has changed.
1. Chairman of the U.S. SEC: The approval process for the spot Ethereum ETF was “smooth”;
2. Representative Matt Gaetz introduced a bill requiring the IRS to accept Bitcoin as a payment for federal income taxes;
3. @BitcoinMagazine reports that Brazil’s largest digital bank Nubank has integrated the BTC Lightning Network;
4. Ava Protocol acquires Openstory and will launch the mainnet and launch tokens;
5. Slerf: All SLERF pre-sale participants have been compensated, and the last 250 wallets have had 25% of their assets returned;
6. Fantom Foundation: 190 million S tokens will be airdropped to Opera and Sonic users;
7. ETHFI DAO proposes to launch Season 3 on July 1, and plans to airdrop 25 million ETHFI to stakers;
8. @BNBCHAIN ​​plans to provide liquidity to memes on BSC;
9. @Blast_L2 will start issuing airdrops at 10 o'clock tonight, 7% will be given to points, and 7% will be given to gold. The top 1,000 large investors will lock up their positions for 6 months and release them linearly, and then Blur will plummet;
10,
@LucasOutumuro said on Twitter that yesterday CEX’s USDC net inflow reached a new high in the next year, reaching US$228 million.

6.25 Lab Daily:
BTC dropped to $58,400 last night, but it recovered in the morning.
ETH is still strong, and the altcoins are not falling much, which is also one of the bottom characteristics.
The strongest E series should be LDO at present, but unfortunately not many people bought 1.8.
1. The Mt.Gox trustee will start the repayment of $BTC and $BCH in early July; (then it said that the repayment will be based on BTC at $483, good dog)
2. Mt.Gox users will be compensated based on the value of Bitcoin in 2014 ($483), and the refund has been started by Paypal; (It has to be said once a year, and this time it is also the negative impact of so many years)
3. People familiar with the matter: Trump plans to speak at the Bitcoin 2024 Conference in July;
4. Data: Grayscale GBTC funds had a net outflow of $90 million on June 24;
5. Fed Daly: We must carefully consider not to relax interest rates too early or stay on hold for too long;
6. Japan's MicroStrategy Pop announced a $6.2 million bond sale to buy Bitcoin;
7. The prediction market @Polymarket's monthly trading volume in June exceeded $72 million, setting a monthly record;
8. Upbit will launch $BLAST, the Blast Foundation Announced the establishment of $BLAST, which is temporarily quoted at $0.0383 on the Whales Market; (at this price, basically everyone is going against the trend)
9. @phantom wallet will launch the first collection of Ordinals for users and start free casting at 12:00 am on June 28;

#BTC☀ The copycat has stopped falling.

🌞, this is not a bull market, even a bear market is not so difficult.

6.24 Lab Daily:
BTC has fallen below 63,000, and it seems that it will continue to fall. Another wave of bloodbath in the copycat industry.
The good news is that the ETH ETF may be launched next month.
The bad news is that despair has just begun to sprout in the next group.
1. CME Fed Observation: The probability of the Fed keeping interest rates unchanged in August is 89.7%;
2. The open positions of Bitcoin contracts on the entire network have dropped to US$33.81 billion;
3. The negative premium rate of Grayscale Ethereum Trust (ETHE) is now reported at 1.71%;
4. Even @0xVeryBigOrange has started to short his own business. In the end, it will really be zero.
5. The number of ETH destroyed yesterday was only 266, a new low since the EIP-1559 upgrade, which makes ETH in a slightly inflated state;
6. The negative premium rate of Grayscale Ethereum Trust (ETHE) is now 1.71%;
7. Uniswap front-end transaction fees have exceeded 43 million US dollars;
8. EigenLayer enhances EigenDA security to resist Sybil attacks;
9. $RATS $SATS $ORDI's one-day anti-VC support community action has ended, and retail investors are mostly PVP.
10. EigenLayer enhances EigenDA security to resist Sybil attacks;

The cost for copycat projects is 0, and there is no bottom at all.

6.23 Lab Daily:
The market is like a stagnant pool of water.
Fortunately, the decline has stopped.
After the FUD of VC coins, they should be launched soon.
1. BTC is still above 6.4. It is not clear whether it is on the right side for the time being. It will be better if it stands at 6.4 for a few weeks.
2. ETH is stronger than BTC, and the E series altcoins perform better than the Sol series.
3. Twitter founder: Bitcoin is a permissionless free currency that may replace the US dollar;
4. Grayscale GBTC asset management scale fell below $18 billion, and holdings fell to about 278,500 bitcoins;
5. Five suspected Sun Yuchen addresses have accumulated more than 405,000 ETH in the past 7 months;
6. Data: More than 1 million SOLs are pledged through Squads smart accounts
7. Binance CEO: We are assisting BtcTurk in the investigation and have frozen more than $5.3 million in stolen funds;
8. Binance has implemented risk control measures for "airdrop hunters" to prevent such accounts from participating in Megadrop;
9. Apus Network launches a decentralized trusted GPU network based on AO;
10. The final list of LayerZero sybils will be announced next week at the latest;

$40 atom staked to $6
$16 TIA staked to $6
$7 DYM staked to $1.6
$0.7 ALT staked to $0.2
$1 pyth staked to $0.3
$4.4 GAL staked to $2
$0.7 W staked to $0.35
$2.5 strk staked to $0.7
$13 cyber staked to $5
$0.2 rebus staked to $0.001
$3.5 evmos staked to $0.025