📰 Daily Morning Report | July 2, 2025, Wednesday
🌍 Macro Markets and Geopolitics
1. $BTC Anti-Dip Attributes Highlighted ⚡🛡️
Against the backdrop of a sharp decline in U.S. stocks, BTC only slightly followed the trend and did not break previous lows, with capital's safe-haven demand supporting its 'digital gold' narrative, further reinforcing its independent market positioning.
2. Federal Reserve's Interest Rate Cut Expectations Reconfirmed 💵🕊️
Powell states 'most committee members support an interest rate cut within the year', coupled with Trump's push for a ceasefire agreement in the Middle East (Hamas has not yet responded), geopolitical risks cooling may accelerate the start of the easing cycle.
💥 Core Currency Dynamics
3. $ETH Bull-Bear Battle Intensifies 📉⚔️
- Prices remain under pressure, and the amount of contract liquidations surges, with the community jokingly referring to it as '空军基地';
- The Ethereum Community Foundation is established to promote ETH value growth, but the market questions its short-term effectiveness, stating 'finally taking action against the community'.
4. $SOL Trust Crisis Intensifies 🌀💣
- The ETF has been declining continuously after approval, and bottom fishers are deeply trapped, with the community jokingly calling it '土狗无基本面反而安全';
- DeFi Development plans to issue $100 million in convertible bonds to buy back stock and purchase SOL, accused of 'using good news as a cover to offload', with technical breakdown causing panic.
📊 Trading and Liquidity
5. DEX vs CEX Landscape Changes 🔄📈
- DEX futures trading volume reaches a historic high of 8%, with users shifting to platforms like @HyperliquidX, and the consensus believes 'CEX's difficulty in making profits is greater than DEX';
- @gmgnai collaborates with @xStocksFi to launch U.S. stock trading on the Solana chain, with users jokingly saying '打狗不如打美股'.
🛠️ Regulation and Infrastructure
6. U.S. Policy Tug-of-War ⚖️🗳️
- The cryptocurrency tax amendment has been removed from the (beautiful big bill), but Lummis states it will be advanced separately;
- The SEC approves Grayscale's Digital Large Cap Fund to convert to an ETF and begins formulating general listing standards for tokenized ETFs, with regulatory frameworks becoming clearer.
7. Stablecoin Controversy Escalates ⚠️🔒
- The New York Attorney General warns about the risks of the stablecoin bill, while the Bitfinex-supported Layer 1 chain Stable launches its first phase roadmap, using USDT as the gas token, highlighting the contradiction between compliance and innovation.
🌱 Ecology and Cooperation
8. Governance and Expansion Experiment 🗝️🌐
- @virtuals_io launches a governance portal, where 0.1% of veVIRTUAL holders can propose, reigniting controversy over decentralized governance thresholds;
- @plumenetwork accelerates World Liberty Financial's '1 dollar multi-chain' plan, sparking imagination in multinational financial experiments.
⚡ Focus Events
9. Powell Responds to Political Pressure 🏦🗣️
In response to Trump's attacks, Powell emphasizes '100% focus on the Federal Reserve's legal responsibilities', with the independence of monetary policy becoming a market confidence anchor.
📌 Daily Summary
Today's market shows a divergence where 'safe-haven assets are strong, and risk assets are weak': BTC's anti-dip properties validate long-term narratives, while ETH and SOL are trapped in liquidity dilemmas. Policy variables (interest rate cut expectations, bill negotiations) and regulatory aspects (stablecoins, ETFs) intertwine, with ecological innovations (on-chain U.S. stocks, multi-chain finance) coexisting with risks (leverage liquidations, project trust collapses).
🌞 Morning Blessings
May you remain clear-headed in the chaotic market, capture certainty amidst policy fog, stay steady against headwinds, and be composed in smooth currents. Wishing you wisdom and calmness today!
