Bitcoin daily closing weakens, showing signs of selling at February highs again. The false breakout has lasted for a month, and the market capitalization has fallen below 3.3 trillion, with funds continuously flowing out from the entire network. Heavy positions/steel rods/spot longs please be aware of the risks.

A macro storm is approaching:

On Tuesday, the Bank of Japan's interest rate decision, need to avoid interest rate hike risks.

On Thursday at 2 AM, the Federal Reserve's decision will be announced, with Powell's speech at 2:30, hawkish or dovish is hard to predict.

Trump's 90-day tariff suspension will expire on July 8, and the market may repeat the deep washout from June to August last year, with no hope for interest rate cuts before September.

Hotspot tracking:

1. Trump's family DeFi project $WLFI has exceeded a market value of 10 billion before the market opens, with Sun Yuchen making a profit of 300 million dollars by entering early.

2. Binance's Alpha project KOGE and ZKJ plummeted by 80%, with high liquidity projects taking the opportunity to sell, Alpha trading volume has been halved.

3. Public chain #SOL rebounds, strong ETF expectations, leading staking project $JTO also rises concurrently.

This week may welcome a key turning point, be sure to control risks and respond cautiously.