信息差情报处

BTC has broken through 63,500 USD!!!
It has not broken through 65,400 yet, so don’t short easily, as the bulls are relatively strong

Short-term support is 63,200-62,800, and extreme support is around 62,000

Don’t place long orders close to the target when sleeping on Monday night
The volatility on Monday will be very large, so make sure to place long orders while awake

Do it according to the support position and extreme points during the day (I didn’t ask you to short, so don’t place short orders now, or you will be trapped if you are not careful.) #BTC.

Get it back quickly

Today's hot spots

Ethereum is overbought
Ethereum's overbought signal on the 4-hour chart may be due to the relative strength index (RSI) exceeding 70, indicating that market sentiment is too optimistic and may face a pullback. It is wise not to chase the rise and go long, because the overbought area is often accompanied by the risk of price adjustment.

Bitcoin pullback range
If Bitcoin pulls back to the 60,500-59,500 range, consider entering the market and find a key support area for long orders. This strategy helps to enter the market at a better price during the pullback and reduce risks.

Long position liquidation situation
If the price of Bitcoin rises to around 62,800, this price point may cause a large number of short positions to be liquidated. Usually, when the price rises to a certain resistance level, if there are a large number of short orders, the forced liquidation of short positions will trigger a round of price increases.

Single currency trading strategy
"Only one currency at a time" is a good way to diversify risks. Although Bitcoin and Ethereum often have correlations, their volatility and market sentiment can be different. Focusing on one asset helps to focus more on specific market trends and avoid the increased risks caused by over-dispersion.

Trading suggestions
- Consider entering the market at key support levels, such as Bitcoin’s pullback to the 60,500-59,500 range.
- Be patient and wait for the right price and signal, and avoid impulsive entry in overbought or extremely volatile situations.
- Pay attention to market sentiment, especially the rapid price changes that may be caused by short or long positions being liquidated.

Da Meng Briefing
Bitcoin ($BTC)
- $BTC has fallen below $56,000, and it is unclear whether it will continue to fall below $53,500. The short-term trend may depend on the overall market sentiment and external economic factors.

Ethereum ($ETH)
- $ETH has performed weakly, and there is speculation in the market that it may launch an Ethereum spot ETF in the week of July 15. If this news is confirmed, it may have a certain boost to the price of Ethereum.

SATS
- The news of UniSat's product update once caused SATS to rise by more than 18% in a short period of time, but it has now fallen back. The news that UniSat uses $SATS as GAS may have a long-term impact on its price, and its application progress needs to be continued.

Altcoin Market
- ​​Mechanism Capital co-founder said that more than 98% of altcoins have peaked in this cycle. Investors need to operate cautiously and avoid chasing high prices.

$LINK
- Recently, 90 new wallets withdrew about 6.72 million LINK from Binance, worth about $86.7 million. Although $LINK holders have been quiet in recent months, this move could signal potential market changes.

$DEGEN
- $DEGEN will launch Airdrop 2 Season 6 on July 11. Although the current price has fallen by more than 90% from its peak, the airdrop activity may bring some short-term trading opportunities.

Battle with the SEC
- Messari CEO said that it will no longer engage with the SEC and plans to launch a legal battle against it. The SEC's regulatory trends have always been the focus of the crypto market and may have a greater impact on the market.

OSL
- OSL plans to launch staking services and tokenized fund products, and these new products may attract more investors to the market.

Solana (SOL)
- Solana's network fees and revenue in Q2 increased by more than 42 times year-on-year, and TVL increased by 10 times year-on-year, showing strong growth momentum in its ecosystem.

Decentralized Exchange (DEX)
- Data shows that DEX spot trading volume fell 14% month-on-month in June, and has fallen for three consecutive months. This may reflect a decline in market trading activity.

Da Meng Briefing
1. $BTC: Bitcoin continues to fluctuate, with no significant price changes.
2. $ETH: Ethereum's biggest expectation is the launch of the ETF, and the market expects that there may be selling after the good news lands.
3. $SOL: Solana's price rose, surpassing Bitcoin and Ethereum, which may be related to the news of the SOL ETF.
4. Aave DAO: Launch of GHO stablecoin on Arbitrum.
5. Telegram: Mini program developers can now use Stars to obtain TON rewards or advertising discounts.
6. Pump.fu: Daily revenue exceeds the Ethereum network, with a record single-day revenue of $1.9 million yesterday.
7. Aptos Foundation: Launched the first online global hackathon CodeCollision, with a prize pool of up to $500,000.
8. EigenLayer: Released an article suggesting that there will be major progress in the third quarter.
9. Oneblock+: The Polkadot hackathon proposal was opposed by many DV representatives due to "excessive rewards for developers"; the founder of MantaNetwork raised problems with Polkadot.
10. Sanctum: 5% of the CLOUD airdrop will be distributed according to the user's seriousness, and the other 5% will be distributed according to the Wonderland XP ratio.
11. SynFutures: Base is launched, and it has received support from projects such as LIDO, DEGEN, and ISKRA. The alliance is officially launched.
12. API3DAO: Oracle Stack is launched on Astar zkEVM. Every time API3 releases good news, it will show some performance.
13. OraProtocol: The staking function is launched, and the TVL has exceeded 5 million US dollars. It supports staking $OLM, $ETH, and $STONE; $OLM has risen by more than 80% in 24 hours, and the current price is $0.0303.

Macroeconomics

14. Federal Reserve Chairman Powell:
- Inflation may return to 2% by the end of next year or the year after.
- More data similar to the recent ones are needed to be more confident before lowering the policy rate.

Upcoming releases and other developments

15. Chromia: The Layer 1 blockchain platform is expected to launch its mainnet in mid-July. $CHR has been around for 3-5 years and is finally launching its mainnet.

16. $BNX: This coin seems to be volatile and risky, and even speculators seem unwilling to participate.

Da Meng Briefing
1. $BTC:
- Bitcoin prices continued to fluctuate, breaking above $64,000 in the early morning, and then pulled back to below $63,000.
- The Coinbase Premium Index shows that Bitcoin prices may be close to or have bottomed out.

2. @TON concept is a hot topic this year, and there is still room for speculation in the future

3.#SilvergateBank:
- Silvergate Bank reached a $63 million settlement with the US SEC, the Federal Reserve and California regulators.

4. @Polkadot:
- The Polkadot Treasury allocated $87 million in the first half of the year, and the funds can last for about 2 years.

5. @Fantom:
- Fantom passed the proposal to "proportionally mint new tokens six months after the Sonic network goes online to ensure the continued growth and innovation of the network."

6. @Hashdex:
- The SEC has confirmed that it has received the Ethereum and Bitcoin dual ETF application submitted by Hashdex.

7. @GameStop trader "Roaring Kitty":
- The class action lawsuit against "Roaring Kitty" was withdrawn just days after being filed.

8. @Kronos Advanced Technologies:
- US listed company Kronos Advanced Technologies added SHIB as a payment method.

9. @Pendle:
- Pendle's total locked value (TVL) fell 40% in the past week.

10. US Democratic Party:
- The US Democratic Party is considering voting in advance in mid-July to nominate Biden as the presidential candidate.

11. @Coinbase:
- The US Department of Justice paid Coinbase $32.5 million for cryptocurrency custody and trading services.

12.#CircleCEO:
- Circle CEO said a major announcement is coming soon.

13. @Mocaverse:
- Mocaverse announced that MOCA Network will build an interoperable consumer network.

14. @Base chain:
- Data shows that the total gas consumption on the Base chain is about 15,000 ETH, and the user address has exceeded 15 million. The Base chain is the meme concentration place second only to Solana.

15. @Ionet:
- Ionet's mining + Galaxy Passport Phase 3 is being released, causing the price to drop directly below $3, and the price has now recovered.

🔴Da Meng Briefing
1. VanEck submits Solana trust application:
- Analysis: As a well-known investment management company, VanEck submitted Solana trust application, showing the interest of mainstream financial institutions in Solana blockchain and its native token SOL. This may drive more traditional investors to pay attention to and invest in Solana ecosystem, increase market confidence and drive up SOL price.

2. SOL rebounded above $150, up more than 10% in 24 hours:
- Analysis: The sharp rise in SOL price may be affected by the good news that VanEck submitted the trust application. In addition, the market's trust in Solana blockchain technology and its optimism about its future potential also drove the price of SOL to rebound. The short-term increase reflects the positive sentiment of the market.

3. Solana ecosystem project tokens generally rose, and RAY rose more than 10% in a short period of time:
- Analysis: The rise of project tokens in the Solana ecosystem, such as RAY (Raydium), reflects the healthy development of the overall ecosystem and investors' trust in the Solana platform. The rise in the price of SOL usually drives up the prices of other tokens in its ecosystem, as investors expect these projects to benefit from Solana's growth.

4. Bitcoin rebounds above $62,000:
- Analysis: The rebound in Bitcoin prices may be due to the overall improvement in market sentiment or the influence of macroeconomic factors. As a bellwether of the cryptocurrency market, Bitcoin's price increase usually drives up the prices of other cryptocurrencies. Bitcoin's strong rebound may also be due to continued buying by institutional investors or the market's optimism about the future.

5. BODEN fell nearly 30% in a short period of time after the start of the US presidential debate, and TRUMP temporarily reported a 24-hour drop of 6.44%:
- Analysis: The political event of the US presidential debate had a direct impact on the market. The price fluctuations of BODEN and TRUMP may reflect the market's expectations of the outcome of the debate and uncertainty about future policy directions. The sharp fluctuations in a short period of time indicate investors' sensitive reactions to political events, and this uncertainty usually leads to sharp market fluctuations.

BLAST has a total supply of 100 billion tokens, 50% of which will be airdropped to the community
#BlastToken Economic Model

Total Supply: 100 Billion #BLAST

Token Allocation and Unlocking:

1. Community Airdrop: 50%
- The initial airdrop is 17 billion tokens
- The remaining airdrop plan has not yet been detailed, but large-scale airdrops will help quickly build a community foundation.

2. Core Contributors: 25.5%
- There is a 4-year lock-up period
- 25% of core contributor tokens will be unlocked 1 year after the TGE is released, and then unlocked monthly
- This gradual unlocking mechanism helps ensure the long-term commitment and incentives of core contributors.

3. Investors: 16.5%
- There is a 4-year lock-up period
- 25% of investor tokens will be unlocked 1 year after the TGE is released, and then unlocked linearly every month for 3 years
- The same gradual unlocking mechanism can avoid investors from selling a large amount of tokens in the short term, causing market fluctuations.

4. Blast Foundation: 8%
- As a reserve for ecosystem development
- Starting from the TGE date, the foundation grant will be unlocked linearly over 4 years
- This part of the tokens is used to support the continued development of the ecosystem and the long-term stability of the project.

Community Airdrop
50% of the token supply is allocated to the community, with an initial airdrop of 17 billion tokens. This large-scale airdrop plan will help Blast quickly expand its user base and increase the popularity of the token. A large amount of community participation can increase the liquidity and market acceptance of the token, but it may also bring certain selling pressure, requiring the project party to continue to provide value support.

Lock-up period for core contributors and investors
The 4-year lock-up period and gradual unlocking mechanism can ensure the long-term commitment of core contributors and investors and prevent market fluctuations caused by large-scale selling in the short term. Such a design helps the project to develop steadily and enhance market confidence.

Foundation Reserve
8% of the tokens are allocated to the Blast Foundation as a reserve for ecosystem development. The linear unlocking method ensures that the foundation can obtain stable financial support in the next few years for various development and promotion activities of the project. This part of the reserve is essential for the continued development of the project and the health of the ecosystem.
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Da Meng Briefing
1.#DeFianceCapital founder's view on ETH
Analysis: The founder of DeFiance Capital still believes that ETH is one of the best risk-adjusted investments in the coming months, which shows that he has strong confidence in Ethereum's technology and ecosystem. In the current market environment, ETH, as the second largest cryptocurrency, has a strong application scenario, especially in decentralized finance (DeFi), non-fungible tokens (NFT) and smart contract platforms. Therefore, despite market volatility, ETH is still considered a solid investment option.
2. Net outflow of US Bitcoin spot ETF
Analysis: The US Bitcoin spot ETF has accumulated a net outflow of US$1.298 billion in the past two trading weeks, showing a decrease in investor demand for Bitcoin. This may reflect the market's uncertainty about the price trend of Bitcoin and the increased interest of investors in other crypto assets. At the same time, it may also be due to the uncertainty of the macroeconomic environment, which has caused investors to choose to withdraw part of their funds to avoid risks.
3. WIF price rise
Analysis: The price of WIF rose by 17.7% in 24 hours, breaking through US$1.8. This rapid price increase can usually be due to one of the following reasons:
- Important project announcements or technical updates.
- Large inflows of funds, which may be due to the buying behavior of some large or institutional investors.
- Short-term fluctuations in market sentiment, which may be affected by social media or other information channels.

[Note]
On-chain data shows that#BTC#ETH selling pressure is not large, the support force has increased, and market sentiment has slowed down. #ETFoutflows have obviously begun to slow down. #BTCand#ETHlong and short forces are basically balanced, slightly short, and there is no upward turnaround. #BTC#ETH contract holdings fell from a high level to a low point and basically bottomed out. The lending rate and funding rate are flat and waiting for strength.
Short-term support level 61105
Short-term pressure level 62503
Medium-term support level 60258
Medium-term pressure level 63679

🔴Da Meng Briefing

Large fluctuations in Bitcoin prices often have a ripple effect on the entire cryptocurrency market. A short-term drop below $59,000 and a 5.27% drop could trigger investor panic and lead to more selling. Such price fluctuations would also affect the revenues of miners, exchanges, and other cryptocurrency-related businesses.
- If prices continue to fall, it could lead to a further decline in market confidence and capital outflows from the cryptocurrency market, which in turn could affect cryptocurrency-related investments and projects.

The Fear and Greed Index dropped to 30, indicating that market sentiment has shifted from greed to panic. Such a change in sentiment could lead more investors to choose risk aversion and sell their crypto assets, which would exacerbate the market's decline.
- A long-term state of panic could hinder the inflow of new funds, affect the financing and development of crypto projects, and also have a negative impact on investors who are new to the market.

Julian Assange's departure from the UK and return to Australia could spark international attention, especially discussions about freedom of speech, government transparency, and cybersecurity. This could trigger a series of diplomatic responses on the international political stage.
- If the Australian government takes special measures to protect Assange, it may affect Australia's diplomatic relations and cooperation with other countries (especially the United States and the United Kingdom).

Arbitrum core governance personnel proposed to open ARB staking rewards with the aim of improving governance security. This move may attract more coin holders to participate in governance, increase community activity and project security.
- If the proposal is successfully implemented and the effect is significant, it may enhance investors' confidence in the Arbitrum project, drive up the price of its tokens, and prompt other decentralized projects to learn from this governance model.

The launch of STEPN GO as a social fitness application shows the combination of technology and health, which may attract a large number of users who pay attention to health and sports. The successful launch of such an application may promote the development of similar applications and promote the popularization of a healthy lifestyle.
- If STEPN GO is successful, it may attract more investors and developers to enter this field, promote the development of the health technology market, and may trigger changes in the traditional fitness industry.

🔴Da Meng Briefing

Bitcoin price rebounds above $65,000
In the past 24 hours, the price of Bitcoin rebounded above $65,000, narrowing the decline to 0.15%. This price fluctuation shows the market's continued attention and support for Bitcoin.

Bitcoin trading platform reserves fell to a nearly 3-year low
Data shows that the reserves of Bitcoin on trading platforms have fallen to the lowest point in nearly three years. This indicates that the current selling pressure in the market is low, while suggesting that there may be a supply shock, which may further push up the price of Bitcoin.

Trump campaign team is not involved in the Trump-themed MEME coin DJT project on Ethereum
Recently, a Trump-themed MEME coin called DJT was released on the Ethereum network, but the Trump campaign team made it clear that they have no connection with this project. This reminds investors to be cautious about similar cryptocurrency projects and avoid being scammed.

Eigen Foundation announces the latest developments of EIGEN airdrop
The Eigen Foundation announced that the second phase of the 1st season EIGEN airdrop has been opened, and the 2nd season airdrop is underway. Airdrops are an important means for cryptocurrency projects to attract new users and increase community participation.

Jupiter co-founder Meow unveils draft plan for J4J
Jupiter co-founder Meow unveiled a draft plan called J4J, proposing to reduce the total supply of JUP tokens by 30%. This move aims to increase the scarcity of tokens by reducing the supply, which could potentially increase their market value.

Although the popularity of celebrity-themed cryptocurrencies has subsided in the past two weeks, news about Donald Trump has once again attracted great attention from the community. According to a tweet posted by the well-known media Pirate Wires on the X platform, Trump may launch an official token $DJT on Solana. Although Trump himself has never publicly responded to these tokens, the news quickly attracted heated discussions.

In the past two months, Trump-related meme tokens have performed well, but they were all created spontaneously by the community, and Trump himself was not directly involved. After Pirate Wires' tweet was released, $DJT soared 250% in an hour and a half, but then the community began to question its authenticity. FOX Business's report also failed to confirm $DJT's direct connection with Trump.

The reasons for the community's doubts include: $DJT's liquidity pool is not locked, the initial funds come from Kucoin (unavailable to US users), and 67% of its supply is concentrated in one cluster. Cryptocurrency investigator ZachXBT and Delphi Ventures founder Tommy also believe that $DJT may be a scam.

However, Bo Loudon, a close Trump fan, tweeted that $DJT is the only real Trump token, triggering a new round of $DJT rally. But as the heat cooled, the price of $DJT also fell back by 30%.

Overall, although the emergence of $DJT has attracted a lot of attention, its authenticity remains in doubt. The community should be cautious to avoid losses in the meme coin craze.

Although the popularity of celebrity-themed cryptocurrencies has subsided in the past two weeks, news about Donald Trump has once again attracted great attention from the community. According to a tweet posted by the well-known media Pirate Wires on the X platform, Trump may launch an official token $DJT on Solana. Although Trump himself has never publicly responded to these tokens, the news quickly attracted heated discussions.

In the past two months, Trump-related meme tokens have performed well, but they were all created spontaneously by the community, and Trump himself was not directly involved. After Pirate Wires' tweet was released, $DJT soared 250% in an hour and a half, but then the community began to question its authenticity. FOX Business's report also failed to confirm $DJT's direct connection with Trump.

The reasons for the community's doubts include: $DJT's liquidity pool is not locked, the initial funds come from Kucoin (unavailable to US users), and 67% of its supply is concentrated in one cluster. Cryptocurrency investigator ZachXBT and Delphi Ventures founder Tommy also believe that $DJT may be a scam.

However, Bo Loudon, a close Trump fan, tweeted that $DJT is the only real Trump token, triggering a new round of $DJT rally. But as the heat cooled, the price of $DJT also fell back by 30%.

Overall, although the emergence of $DJT has attracted a lot of attention, its authenticity remains in doubt. The community should be cautious to avoid losses in the meme coin craze.

🔴Da Meng Briefing

Bloomberg analysts predict that Ethereum spot ETF will be launched before July 4
- According to Bloomberg analysts, Ethereum (ETH) spot exchange-traded funds (ETFs) may be launched before July 4. This will mark a major development in the cryptocurrency market.

He Yi: I hope that the circulation of projects listed on Binance will not be less than 10%
- Binance co-founder He Yi said that she hopes that the circulation of projects listed on the Binance exchange should be kept at a level of not less than 10%. This will help ensure the liquidity and stability of the market.

ZachXBT: Martin Shkreli announced that he is the issuer of DJT tokens
- According to cryptocurrency investigator ZachXBT, Martin Shkreli (a well-known pharmaceutical entrepreneur) announced that he is the issuer of DJT tokens. This news has attracted widespread attention.

Consensys: The US SEC is closing its investigation into Ethereum 2.0 and will no longer accuse ETH sales of securities transactions
- Consensys announced that the US Securities and Exchange Commission (SEC) is about to end its investigation into Ethereum 2.0 and will no longer accuse Ethereum sales of securities transactions. This is good news for the Ethereum community.

Lista DAO airdrop will be open for query at 17:00 today and open for claiming on June 20
- Lista DAO announced that its airdrop event will be open for query at 17:00 today and open for claiming on June 20. This is a reward event for Lista DAO participants and supporters.

🔴
Da Meng Briefing
Binance will launch ZKsync (ZK)
Binance, a world-renowned cryptocurrency exchange, announced that it will soon launch ZKsync (ZK), which may bring more liquidity and attention to ZKsync.

CVX price briefly broke through $2.9 and then fell back, with a 24-hour increase of more than 24%
Convex Finance (CVX) price once broke through $2.9 within 24 hours, but then fell back, and the overall 24-hour increase was still more than 24%.

BAKE price soared 13% in a short period of time and then fell back quickly, and the liquidation volume in 1 hour was second only to ETH in the contract market
BakeryToken (BAKE) price soared 13% in a short period of time, but then fell back quickly. During this period of volatility, BAKE's liquidation volume in the contract market was second only to Ethereum (ETH) in 1 hour.

CRV, ATH, BEAM rank at the top of the Smart Money 24-hour inflow list
Curve DAO Token (CRV), ATH (Athena), and BEAM attracted a large amount of Smart Money inflow in the past 24 hours, showing that these tokens have received high attention from investors.

Notcoin announced that the airdrop application has ended, and the unclaimed tokens will be invested in future development or destroyed
Notcoin announced that its airdrop activity has ended, and the unclaimed tokens will be used for future project development or directly destroyed.

Notes:
BTC
1. Pay attention to the potential double top structure at the weekly level. The performance of touching the 3/1 support on the angle line is poor. When the rebound is weak, you need to pay attention to the possibility of breaking. If it breaks, it will produce a deep correction.
2. PI Cycle Top shows that the price is weak near the yellow support line. In the past, the price touched the yellow support and rebounded quickly, forming a buying point and not a big deal for the trend. However, at this stage, the price has not rebounded well around the yellow support, so you need to pay attention to the weak consolidation performance after breaking or falling.
3. The performance of the price in the descending channel is relatively standard. Support needs to pay attention to the long lifeline of Fibonacci 0.618. If it falls, it will test the lower track of the channel around 63,000; the upper pressure is at 67,000 and 68,000, respectively, which are the support-to-resistance position of the previous high platform low point and the pressure of the dense trading volume.

Short order: short near 67,000, stop loss 68,000, target 66,000-65,000-63,500 (short-term + band)

🔴Da Meng Briefing

BTC and ETH options expire
Today, $1.35 billion worth of Bitcoin (BTC) options and $710 million worth of Ethereum (ETH) options expire. This may have a volatile impact on market prices as investors may adjust their positions.

BlackRock IBIT net inflows and net outflows
BlackRock's IBIT had a net inflow of $18.2 million yesterday, but an overall net outflow of $226 million. This shows that despite new inflows, there is still a large amount of capital outflow overall.

TON and NOT price changes
TON (The Open Network) hit a record high, while NOT (specific currency to be confirmed) rose by more than 20% in 24 hours. These changes show that these two currencies have recently attracted market attention and investor pursuits.

Slerf NFT series casting
The Slerf NFT series will start casting through the OKX Web3 wallet at 20:00 today. This is an important event that may attract many NFT collectors and investors to participate.

Nostra airdrop
Nostra announced the criteria and snapshot details of the first airdrop. This is important information for investors who are interested in the Nostra project and can participate in the airdrop event based on these criteria.

Da Meng Briefing
GBTC and ARKB Funds Net Outflows
- Yesterday, Grayscale Bitcoin Trust (GBTC) and ARK Bitcoin Fund (ARKB) saw net outflows. This may reflect that investors are cautious about the short-term prospects of the Bitcoin market or are adjusting their portfolios.

VanEck Increases Investment in Promoting Spot Bitcoin ETF
- Asset management company VanEck is actively promoting its spot Bitcoin ETF. This shows that VanEck is optimistic about the long-term Bitcoin market and hopes to attract more traditional investors to the crypto market through ETF products.

SEC Chairman Did Not Clearly Respond to Whether ETH Is a Commodity at the Hearing
- The Chairman of the U.S. Securities and Exchange Commission (SEC) did not clearly answer whether Ethereum (ETH) is a commodity at a recent hearing. This uncertainty may continue to affect the market's regulatory expectations for Ethereum and other cryptocurrencies.

adidas reaches cooperation with Base Network
- Well-known sports brand adidas announced a cooperation with Base Network. This shows that mainstream brands are increasingly interested in blockchain technology and decentralized applications, further promoting the popularization of blockchain technology in practical applications.

DeFi protocol Particle completes a new round of strategic financing
- The decentralized finance (DeFi) protocol Particle recently completed a round of strategic financing, with investors including well-known investors such as dingaling. This financing will help Particle continue to develop its DeFi products and expand its influence in the market.

Notes:
BTC
Data: The expected data of the one-year inflation rate in the United States will be released in the evening. The current market expectations are positive, and the probability of following the positive CPI is relatively high
Technical aspects:
1. The rebound of BTC bulls is weak. It is necessary to pay attention to the possibility of breaking the 66,000 low support again.
2. The recent negative correlation between BTC and the US dollar index is obvious. Under the strong US dollar, the risk of BTC breaking is increased.
3. According to the Fibonacci drawing tool, the support and pressure of BTC correspond to it. The support needs to pay attention to 66,000 and 64,000, and the resistance focuses on 68,000.
Trading strategy:
Short order: short near 68,000, stop loss 69,000, target 66,000-64,500 (short at highs)
Short order: short after breaking 66,000, stop loss 67,000, target 64,000-63,000 (pending order)

🔴Da Meng Briefing
Powell's Remarks
- Fed Chairman Powell said he is not confident enough about inflation and is therefore not ready to cut interest rates.

Fed Dot Chart Forecast
- The Fed's dot chart shows that only 25 basis points of interest rate cuts are expected by 2024

CPI Data and Bitcoin
- The latest CPI data meets the conditions of 10x Research's previous forecast that "Bitcoin may hit a new high."

IO coin price fluctuations
- IO coin once rose to $6.5 this morning, but is now quoted at $5.65.

Highstreet's statement
- The Highstreet team said that the price plunge was due to a malicious attack and the team had no intention of harming the project.

Notes:
BTC
1. CPI positives cannot make bulls expand the rebound space, and it is still suppressed by the 70,000 integer mark
2. The interest rate decision is in line with expectations. Powell’s speech did not reveal a clear timetable for interest rate cuts, and interest rate cuts are nowhere in sight
3. In the short term, there are discrepancies between CPI and interest rate decisions and Powell’s speech. For bulls, the good thing is that the decline has been limited and there has been no sharp decline. When the dust settles on risk events, the probability of returning to the technical trend is high
4. The current price is running in the range of high fluctuations. Due to the strong support below the price, the operation trajectory of the future market can focus on the rectangular oscillation pattern that has evolved from the M top to multiple tops and bottoms

🔴Da Meng Briefing
Bitcoin falls below $69,000
Bitcoin prices have fallen recently, breaking the important psychological barrier of $69,000.

TON Ecosystem Total Locked Value (TVL) Breaks $460 Million
The total locked value of the TON ecosystem has reached a record high, breaking through $460 million. This shows that the appeal and user engagement of the TON ecosystem are increasing.

Global Spot Bitcoin ETF Holdings Reach 5% of Bitcoin's Total Supply
The holdings of global spot Bitcoin ETFs have reached 5% of Bitcoin's total supply, with a value of more than $70 billion. This shows that investors' interest and trust in Bitcoin ETFs are rising.

W briefly fell below $0.55, down 18.03% in 24 hours
The price of the W token fell sharply in 24 hours, falling by 18.03%, and briefly fell below $0.55. This may reflect the fluctuation of market sentiment or the impact of specific events.

Notes:
In terms of the market, BTC has chosen to pull back downward since the negative non-agricultural data was released on June 8, and the interest rate cut will be postponed. We also closed our long positions and turned to a wait-and-see attitude. At this position, it is still a little far from the key support, so we continue to wait. ETH is weaker than BTC, and BTC has not yet reached the callback. ETH needs more observation. SOL has now shown a daily short signal. The support level of the upward trend line below SOL is around 140. Whether it can hold up, we will observe, but at this position, the long and short space is average, so we continue to observe and wait.