This article does not constitute investment advice; market analysis can be found in the afternoon video.
Today's Outlook
1. The EIA crude oil inventory (in ten thousand barrels) for the week ending July 18 will be released today, with a previous value of -385.9;
2. Trump plans to issue an executive order to promote the development of artificial intelligence and is considering declaring July 23 as 'AI Action Day', with plans to give a speech on AI;
3. SOON (SOON) unlocked approximately 41.88 million tokens, which is 22.41% of the current circulating supply;
4. Avail (AVAIL) unlocked approximately 972 million tokens, which is 38.23% of the current circulating supply;
Macroeconomic Hotspots
1. U.S. President Trump: Interest rates should be reduced by 3 percentage points, or even lower.
2. U.S. Senate Banking Committee Chairman Tim Scott, Senators Cynthia Lummis, Bill Hagerty, and Bernie Moreno have released a discussion draft on the structure of the cryptocurrency market.
3. House Republicans plan to cut the Securities and Exchange Commission (SEC) budget by 7% for 2026 and eliminate funding for enforcing the Biden-era cybersecurity incident disclosure rules.
4. Goldman Sachs: The Federal Reserve is expected to maintain interest rates next week and begin cutting rates in the remaining three meetings of 2025.
Market Trends
1. High fluctuations, altcoins rising broadly, with $470 million liquidated in the past 24 hours, mainly from long positions;
2. The S&P 500 index closed at a new high, with a pause in tech stocks dragging down the Nasdaq; Medpace surged nearly 55% after earnings report; gold returned to $3,400; domestic dual coke night trading continued to surge;
3. In the liquidation map of BTC/USDT, based on the current 119,948 USDT, if it drops by 2,000 points to around 117,948, the total liquidation amount for long positions exceeds $460 million. If it rises by 2,000 points to around 121,948, the total liquidation amount for short positions exceeds $897 million. The liquidation amount for shorts significantly exceeds that for longs, suggesting to reasonably control leverage ratios to avoid triggering large-scale liquidations during market fluctuations.
4. In the past 24 hours, $3.08 billion of BTC spot inflows and $2.95 billion of outflows were recorded, resulting in a net inflow of $130 million.
5. In the past 24 hours, contracts such as $SOL, $DOGE, $XRP, and $SUI have seen significant net outflows, indicating potential trading opportunities.
