Today's Outlook
1. 2025 FOMC voting members, St. Louis Fed President Bullard and Kansas Fed President George participate in a fireside chat discussing the economy and monetary policy.
2. Karrat (KARRAT) will unlock approximately 15.11 million tokens, representing 4.62% of the current circulation, valued at around $1 million.
3. Coin98 (C98) will unlock approximately 16.53 million tokens, representing 1.74% of the current circulation, valued at around $1.05 million.
4. THORChain will upgrade to v3.6.0.
Macro & Hot Topics
1. The Michigan State Legislature has proposed four cryptocurrency-related bills.#比特币突破11万美元
2. Tech giants OpenAI, Oracle, Nvidia, and Cisco announced a partnership today to build the "Stargate UAE" AI park.
3. Federal Reserve Governor Waller stated that if tariffs decrease, the Fed is expected to lower interest rates in the second half of 2025.
4. The SEC has postponed its decision on XRP and Litecoin spot ETFs and has officially accepted the TRX staking ETF application.
5. Trump stated that the U.S. dominates in areas like cryptocurrency and Bitcoin.
6. Although Bitcoin hit a historical high in May 2025, the overall profit-taking amount in the market significantly decreased to only $1 billion, less than half of the $2.1 billion peak in December 2024.
Market Trends
1. BTC hovers after a new high, short-term resistance at $118,000, all sectors in the exchange are rising, with SocialFi leading; over the past 24 hours, liquidations across the network totaled $279 million, primarily in short positions; BTC concept DOG is very popular, and the USD1 stablecoin narrative Meme B is a market hotspot.
2. U.S. Treasury sell-off pauses, Nasdaq struggles to rebound, tax cut proposal hits solar stocks; crude oil drops over 2%.
3. In the liquidation map for BTC/USDT, based on the current 111,577 USDT, if it drops by 2,000 points to around 109,577, the cumulative liquidation amount for long positions exceeds $685 million. If it rises by 2,000 points to around 131,577, the cumulative liquidation amount for short positions exceeds $755 million. The liquidation amount for shorts is higher than for longs, suggesting a reasonable control of leverage ratios to avoid triggering large-scale liquidations amid market fluctuations.
4. In the past 24 hours, BTC spot inflows totaled $3.95 billion and outflows totaled $3.927 billion, with a net outflow of $0.23 billion.
5. In the past 24 hours, net outflows from trading contracts for ETH, SUI, TRUMP, SOL, XRP, etc., lead, indicating potential trading opportunities.