Introduction:
1. It is worth noting that the current ETH price has dropped below the average capital cost ( $2,240).
2. Attention: The Federal Reserve will announce the U.S. May core PCE price index year-on-year on Friday.
3. Current analysis by KOLs indicates the U.S. dares not engage in a protracted war with Iran.
4. 24-hour liquidations totaled $653 million.
5. It feels like the market has cooled down to the extreme; if pessimistic sentiment and super liquidations are added, a significant rebound is likely to follow.
1. Macro Market
(1) Traditional Market
Attention: The Federal Reserve will announce the U.S. May core PCE price index year-on-year on Friday.
(2) Policy Trends
1. Federal Reserve rate cut
According to Federal Reserve observations, the probability of a rate cut in September is 69.6%.
2. Series of news on the Middle East situation
(1) U.S. Vice President Vance stated that the U.S. is not at war with Iran, but is at war with its nuclear program. The U.S. has destroyed Iran's nuclear program. President Trump did not take this action lightly, but it provides an opportunity to readjust relations and dialogue with Iran. The U.S.'s biggest red line is Iran's nuclear program.
(2) U.S. Secretary of State Rubio stated that there are currently no military action plans against Iran.
(3) The Iranian parliament approved the closure of the Strait of Hormuz, but the highest security agency needs to make the final decision on this measure.
(4) Chuanzi stated, "Using the term 'regime change' is politically inappropriate, but if the current Iranian regime cannot make Iran great again, why can't a regime change happen? MIGA."
2. Market Review
1. Market data: Due to the impact of market decline, trading volume was relatively high over the weekend, with 24-hour liquidations totaling $653 million.
2. Stablecoin data outflow of $24 million.
6. Institutional Dynamics
1. [More and more companies are buying Bitcoin] Cardone Capital has purchased about 1,000 Bitcoins and plans to increase its holdings by another 3,000 Bitcoins this year. Grant Cardone, CEO of the real estate investment company Cardone Capital, stated last Saturday: "Cardone Capital has incorporated about 1,000 Bitcoins into its balance sheet, becoming the first company to adopt a complete Bitcoin strategy, combining real estate with Bitcoin assets."
2. It is worth noting that the current ETH price has dropped below the average capital cost ( $2,240).
3. Industry Hotspots
1. Competitor Actions
Bitget announced a multi-million dollar sponsorship partnership with the MotoGP World Motorcycle Championship, officially becoming its regional partner. This is also the first collaboration between MotoGP and a crypto company. As the highest specification motorcycle road racing event under the International Motorcycling Federation (FIM), MotoGP is also known as the F1 of motorcycle racing, renowned globally for its extreme speed and competitive spirit.
4. Alpha
(1) Binance Alpha
1. It is advised not to resign from Binance Alpha before the end of August.
(1) Currently brushing 15 points, using BR brush, costs can be controlled within $4.
(2) Two major announcements on June 26 at Binance Alpha, and on June 25 at Humanity Binance Alpha.
(3) It is estimated that major announcements like linea and meteora will be launched in July and August.
(4) The number of people continues to decline, currently at 132,000.
(2) Others
1. It is important to note that the market currently feels extremely cold; if pessimistic sentiment is added, a significant rebound is very likely.
Specific performance:
The group is very inactive, and Chinese discussions have started to focus on strange topics: Is it better to buy a house or rent a house, how disgusting is Fan Shao, mutual attacks.
Everyone on Twitter has lost faith in altcoins.
A bad point is that there are many people on Twitter shouting to buy the dip.