Affected by the situation in the Middle East, Bitcoin has experienced panic selling in the short term, but this does not change the long-term upward trend. The waterfall decline hides opportunities—be sure to seize this wave of opportunities!
Today's market highlights:
1. Geopolitical risks trigger a crash: U.S. bombings of Iranian nuclear facilities caused panic, with over $1 billion in liquidations in the crypto market, and Bitcoin once fell below $100,000, reaching a low of $98,000. Value your life, stay away from high leverage, and live to wait for the bull market.
2. Mainstream coins show divergent performance:
ETH broke the 'hard expectations', correcting about 26% from its peak, appearing weak compared to BTC's 10% decline; its trend still needs to watch Bitcoin’s movements.
SOL is clearly weak, nearing a fall below $120, its former glory at the beginning of the year is no longer, making it a top choice for shorting.
3. On-chain hotspots are scarce: The market was sluggish over the weekend, with only $GOR performing strongly, boasting a market cap of $60 million.
4. Token unlock warning:
Blast ($BLAST): 10.5 billion tokens will be unlocked on June 26, accounting for about 35% of the circulating supply, valued at approximately $21.69 million;
Venom ($VENOM): 59.26 million tokens will be unlocked on June 25, accounting for about 2.84% of the circulating supply, valued at approximately $10.04 million.
5. Policy and big player dynamics:
Michael Saylor shares BTC Tracker again, suspected of continuing to increase holdings, a typical 'unfazed by volatility, steadfast buying'.
Texas Governor signed the Bitcoin Reserve Act SB 21, becoming the third state in the U.S. to hold BTC reserves.
