$BTC This morning reached 119,800
$ETH This morning reached 3,900
Today's outlook
1. The Artificial Superintelligence Alliance (FET) will unlock 3.05 million tokens on July 28, accounting for 0.12% of the circulating supply.
2. UniCredit Bank of Italy will open BlackRock Bitcoin ETF-linked products to professional clients from July 1 to July 28. The bank plans to issue a five-year USD-denominated investment certificate linked to the iShares Bitcoin Trust ETF, which will provide 100% capital protection at maturity. This memorandum has been confirmed by the bank.
3. Linea, Consensys, and Nile will launch DEX Etherex on July 28. Etherex is an upgraded version of Nile Exchange, built on Ramses v3 technology and based on the x33 token economics model. Its native token REX will be distributed as liquidity rewards to liquidity providers, and 100% of transaction fees will be directly allocated to xREX voters. Users can exchange REX for xREX and vote to support their preferred pools.
Macro & hotspots
1. Trump announces a trade agreement between the US and Europe: 15% tariff + 600 billion USD investment in the US. On July 27, local time, President Trump stated that the US has reached a trade agreement with the EU, imposing a 15% tariff on goods exported from the EU to the US.
2. Binance market data shows that BNB briefly broke through 847 USDT, reaching a high of 847.96 USDT, setting a new historical high.
3. The probability of the Federal Reserve maintaining interest rates in July is 97.4%, while the probability of a 25 basis point rate cut is 2.6%.
4. A crypto analyst accuses the Starknet team of selling 400 million STRK tokens, accounting for 4% of the total supply. On July 28, crypto analyst Andrew 10 GWEI (@Andrey_10gwei) posted an analysis stating that Starkware, the development company behind Starknet, and its team have sold at least 400 million STRK tokens to the market, accounting for 4% of the total supply.
Market trend
1. BTC and ETH short-term corrections have led to a decline in altcoins, with a liquidation of $210 million in the past 24 hours, primarily from short positions.
2. Last Friday, the S&P rose for five consecutive days, hitting a new high; crude oil and gold futures fell over 1%; domestic dual coke night trading plummeted after intervention by exchanges.
3. According to the liquidation map for BTC/USDT at the current value of 119,202 USDT, if it drops by 2,000 points to around 117,202, the cumulative amount of long position liquidations will exceed 436 million USD. If it rises by 2,000 points to around 121,202, the cumulative amount of short position liquidations will exceed 557 million USD. The amount of short liquidations far exceeds that of long positions, so it is advisable to reasonably control leverage to avoid triggering large-scale liquidations during market fluctuations.
4. In the past 24 hours, BTC spot inflow was 1.2 billion USD, outflow was 1.4 billion USD, resulting in a net outflow of 200 million USD.
5. In the past 24 hours, the net outflow of contract trading for DOGE, XRP, LTC, ADA, SOL, etc. has led, indicating potential trading opportunities.
