Investing is like running a marathon; it’s about endurance rather than explosiveness. Even if there are short-term losses, there’s nothing to fear as long as you have a clear view of the larger trend; what needs to come back will eventually return. The key is to learn to take action at the right moment, moving with the rhythm of the market to increase the probability of making profits. Remember, investing is an ongoing learning process. I recommend that after each trade, regardless of profit or loss, take a moment to review, gradually accumulate experience, develop sensitivity to risks, and also cultivate your mindset; don’t let emotions sway your judgment. Only by being steady and careful can you go further in this market. Stay patient, keep learning, manage risks well, and you will eventually become a mature investor.
Industry Dynamics Yesterday
1. CFTC: Bearish sentiment towards the dollar hits a new high since July 2023; 2. Trump: Powell will harm our country in the coming years; 3. Trump: The U.S. will immediately terminate all trade negotiations with Canada; 4. Meta seeks $29 billion in financing, fully betting on AI data center construction; 5. The number of IRS warning letters received by U.S. crypto investors has surged by 758% in the last 60 days; 6. U.S. Treasury Secretary Yellen: Optimistically believes the tax reform bill may be signed on July 4; 7. Director of the Federal Housing Finance Agency: Will pay close attention to the volatility of cryptocurrencies; 8. Trump: Cryptocurrencies are very interesting, Bitcoin alleviates pressure on the dollar.
U.S. President Trump stated that (referring to the tax and spending bill) the July 4th deadline is important but not a 'finish line'. There is currently significant pressure regarding the approval of the bill, and the July 4th deadline is very important, but it can be extended beyond August if necessary. The deadline for the tariff agreement on July 9 can also be extended or shortened.
Data shows that in the past 24 hours, the total liquidations across the network reached $235 million, including long liquidations of $58.214 million and short liquidations of $153 million, primarily driven by short liquidations. Among them, ETH liquidations amounted to $41.599 million, and BTC liquidations totaled $119 million.
The three major U.S. stock indices closed higher collectively, with the S&P 500 and Nasdaq hitting all-time highs: the Dow rose by 1%, up 3.82% for the week; the S&P 500 rose by 0.52%, up 3.44% for the week; the Nasdaq rose by 0.52%, up 4.25% for the week. Both the S&P 500 and the Nasdaq set new historical highs. Most large tech stocks rose, with Google and Amazon up over 2%, Nvidia and Meta up over 1%, and Apple and Intel slightly up; Tesla and Microsoft saw slight declines.
The funding boom for stablecoin startups has reached a new high, surpassing the peak in 2021: Driven by Circle’s successful listing and clearer regulations, the stablecoin and payment sectors recorded 43 and 42 venture capital deals, respectively, in the third and fourth quarters of 2024, setting new seasonal records, with the total number of transactions for the year surpassing the 2021 high for the first time. In the first quarter of 2025, this sector accounted for 7.5% of all venture capital transactions. The profit model and sustainable development of stablecoin infrastructure have attracted significant traditional institutional funding, while regulatory progress such as the U.S. GENIUS Act has further boosted investor confidence, making stablecoins one of the few cryptocurrency sectors to exceed data from the last bull market.
June 28, 2025 Bitcoin Market Analysis
As we predicted yesterday, if the price fails to stabilize above the key level of 107500 during the rebound, it is likely to continue testing downward to 106500, 105800, or even lower. The market trend has now validated this judgment, with the price dropping to around 106300, where it found support and began to rebound slightly.
Bitcoin could not rise after reaching around 107600 yesterday and subsequently began to retrace. Today, buying power has clearly weakened, and the price is fluctuating between 106300 and 107600. After touching the bottom near 106300, there was a slight rebound, and the price is now back around 106800. Currently, both bulls and bears have started a new round of competition, and the key will be whether it can break through the resistance level of 107600.
From the daily trend, Bitcoin has closed with two consecutive bearish candles, and bearish sentiment in the market is clearly rising. Currently, the price continues to face downward pressure and is repeatedly testing the support level below, with the key short-term support at the 5-day moving average. If this support area is broken during the day, it may further test the strength of support at the middle band of the daily Bollinger Bands.
From the 4-hour chart, the Bollinger Bands are gradually narrowing, indicating reduced volatility, and the price has fallen below the middle band. Although there has been a slight rebound, the pressure level formed by the middle band continues to move downward. If the rebound cannot effectively break through this resistance, the price may test the support level below again. The operational suggestion is to maintain a high short and low long strategy, focusing on the 107600 resistance and 105800 support.
Recommendations are for reference only; market fluctuations are unpredictable. Regardless of how well you perceive the market, please strictly implement stop-loss and take-profit strategies.
The beauty of fate lies in its infinite variables, always elusive. Don’t demand that life is exciting everywhere; it is only through 95% of mundane moments that we can polish out 5% of classic moments. When walking alone, do not look back; if you understand loneliness, it becomes a unique flavor.
(This content does not constitute investment advice or suggestions. Please view it rationally, establish the correct mindset, and enhance risk awareness.)