Data nuclear explosion: Mempool drying up tears apart the market's 'false prosperity'
On-chain desertification: Bitcoin mempool transaction volume plummets to 15,000 (data from July 6), shrinking by 90% from 150,000 at the end of 2024, hitting a near two-year low. What does this mean? 70% of the blocks produced every 6 minutes are actually idle, and the blockchain has become a 'ghost town'!
Miner famine: Fee income plummets from a peak of 4.7 million USD/day to 593,000 USD, revenue share drops below the 2% survival line. Even more absurdly, Marathon mining pool actually packaged a transaction with a fee of 0.01 USD - miners are so hungry they are 'biting tree bark', the computing power surplus crisis is fully exposed!
Retail investor evaporation confirmed: Alphractal CEO Joao Wedson bluntly states: 'Mempool exhaustion = retail investors collectively lying flat'. On-chain active addresses drop below 942,000, retail capital outflow exceeds institutional inflow, the 'institutional bull' supported by ETFs is swimming naked!
Death spiral initiated: Three nuclear bombs explode in sequence
Miner sell-off nuclear bomb
- Daily output of 900+ BTC cannot be covered by transaction fees, miners are forced to sell spot to cover electricity costs.
- Three North American mining farms shut down and sell off mining machines, the computing power market may face a cascading collapse!
Liquidity black hole nuclear bomb
Exchange BTC reserves hit a historic low, Tether has stopped issuing USDT for 17 consecutive days, the market is like 'looking for water in a desert'.
Grayscale GBTC daily net outflow hits a record 420 million USD, liquidity exhaustion will magnify price fluctuations by 300%!
Regulatory butcher knife nuclear bomb
The German Parliament voted on July 12 (Cryptocurrency Asset Freezing Bill), and the Salvadoran government transferred 412 BTC to Coinbase last night - the national team's sickle is sharper than the dog owner's!
Technical civil war: Bitcoin faith is collapsing, fundamentalists roar: 31 core developers sign (Decentralization Declaration), denouncing miners filtering transactions as 'betraying Satoshi's spirit'.
Pragmatic counterattack: Samson Mow blasts '1 sat/vB garbage transactions clogging the network', calling for the initiation of a transaction purification protocol.
Converging sharp commentary:
When Vitalik calls out 'Bitcoin needs ZK-Rollups', and miners secretly engage in dark pool trading (Slipstream private channel exposed) - this internal technical battle will be more lethal than a price collapse!
Retail investor escape guide: Three tricks for a comeback
Short selling gold point
False breakout at 110,000 with no volume increase, short targeting (stop loss at 112,000)
Volume breaks below 105,000, chase shorts to 98,000 (miner sell-off target)
Shorting BTC/gold exchange rate (Federal Reserve reverse repos draw 650 billion USD)
Buy MSTR put options (public company BTC holdings leverage ratio reaches 4 times)
When the blood on the chain runs dry, the butcher's knife of the dog owner has been raised - are you the fish on the chopping board, or the one holding the knife?
Converging prophecy wall
If July 10 CPI > 3.5%, BTC may drop 12%+ in a single day
German bill passed = ETH pin 2200
Before July 15, may break 100,000
Market storms, the strong team up! Converging top positions open, limited to ambitious mad players to seize!