USDC Treasury has burned over 63 million USDC on the Solana chain.
This is another significant supply adjustment following several large-scale burns this year (such as 52M burned in May and 50M burned in March).
This burn indicates a tightening of stablecoin supply, reducing the liquidity of USDC on the SOL chain in the short term.
Key focus points for the afternoon:
BTC: Mainly bearish, with resistance at 107-108 above and support at 1055-1045 below;
ETH: Mainly bearish, with resistance at 2590-2620 above and support at 2540-2510 below;
For detailed analysis, please refer to the morning research report content (previous article analysis)
