Important information not to be missed today:
1. Bitcoin has failed to stabilize above $110,000 in the short term. Last night's non-farm payroll data had some impact on the market trend, as everyone in the circle hopes that interest rate cuts will come sooner to release more liquidity. As a result, last night's non-farm payroll data has pushed back the expectation for rate cuts to September, causing the market to drop sharply after the data was released. Although it quickly bounced back up, it still failed to stabilize.
Bitcoin's 4-hour level breakout has failed, and it continues to maintain a volatile trend. Meanwhile, US stocks are closed for the next few days, so we do not rule out that Trump will stir things up regarding tariffs, so everyone should be aware of the risks.
2. Yesterday, Jup's new platform jup_studio P went crazy, and it couldn't compete at all;
3. Last night, cookingcityHQ went live, and DBC skyrocketed, reaching about 36M in a flash, followed by a massive sell-off, with a current market value of around 7M;
4. On-chain performance has been good these past two days, with Bonk's useless continuing to hit new highs, and SOL's labubu continuing to rebound, driving CryBB to also reach ATH in succession;
5. After the beautiful legislation was passed, it directly stimulated the meme #AP #TAP associated with Musk's related political party;
6. CEX #MEME has shown relatively strong performance, especially the penguin #pengu, which has basically returned to the high point of the May rebound. According to this trend, it will continue to rise, so it can be a key focus. At the same time, we should also pay close attention to other meme coins that have rebounded strongly in the same period, such as hippo #moodeng, #pepe #wif #neiro #pnut, etc.;
7. Yesterday, Bitcoin ETF inflows totaled $370 million, and ETH ETF inflows were $63 million; in the past year, early Bitcoin holders have sold 500,000 BTC, with continued turnover at high levels, as old OGs sell their coins to institutions and listed companies;
