Bitcoin Miners Continue to Hold Back Distribution as Puell Multiple Revisits Historical Accumulation Zone
The latest reading of the Puell Multiple has declined to around 0.6, placing the indicator back inside a zone that has historically coincided with periods of miner revenue compression. From an on-chain perspective, this reflects that miners are earning significantly less in USD relative to the annual average, reducing the incentive to aggressively distribute newly mined BTC into the market.
Looking across previous cycles, every major drop of the Puell Multiple below 0.5–0.6 has appeared du

To be honest, this chart really knows how to mess with people. 🔥
A few days ago early morning $ALLO was still slowly grinding at low levels, many people were losing patience, but at that time I was more focused on one detail: every time it was pushed down, ALLO would bounce back. 👀
When the chart hadn't fully started yet, the pullback didn't break, the bottom held, and selling pressure became noticeably lighter. In such situations, you can't just judge by the surface slowness. I suggested going long at that time, not for the excitement but for the support and rhythm. 📌
Now from 0.253

Newbies lose money not because they misread the market, but because their timing lags.
Most people don't go against the trend, but by the time they understand the market movement, the optimal profit window has already passed.
When BTC starts to rise, they are skeptical; a small pull-up is deemed a fake breakout. Only after the news floods everywhere and everyone is talking about it do they dare to go long—only to face a pullback upon entry.
It’s not about luck, but the norm in crypto: price increases fuel confidence, and confidence fuels the herd. When everyone reaches a consensus on a bullish

Let me talk about my recent situation and plans.
At the beginning of last month, I borrowed money to go all-in bottom fishing and blew up over 300,000. I was in despair at that time. I sold the car I was proud of and saved up some money. By the end of the month, I still had a debt of 120k.
On the night when Ethereum was at 1530, I was strongly bullish. Here I broke the rule again. I took out 160k from an online business loan and went all-in bottom fishing. I rolled my position long from 1530 to 1580. At that time, I must have made 30,000 USDT in profit. I decisively used the money to pay off m

This one slammed down, and the chart directly showed its hand! 📉🔥
A few days ago before bed, I saw $XPL still hovering at highs, looking tough on the surface, but actually no one was buying in, and volume wasn't following. At that moment, I felt something was off. Once the rebound stalls, shorts can easily take over the rhythm.
When the chart hadn't fully started, XPL was grinding around 0.10401. What I saw was insufficient buying support and clear resistance above, so I followed the plan and went short 👀📌
Now the price has come to 0.09744, and this wave gave a +448.20% return. The rhythm

Violent surge broke through the key resistance at 1700, and the bullish trend has officially started. The short-term rebound is strong enough, but the true bull market still needs continuous verification. For now, follow the trend, hold long positions and profit, waiting for the next upside space to open.

Last night, as soon as the non-farm payroll data came out, my first reaction wasn't excitement—it was to confirm one thing: the rhythm has changed.
57K vs 115K—this isn't just slightly worse; it's a clear signal of cooling employment. The market's first reaction wasn't crypto, but U.S. Treasuries and the dollar—yields started to loosen, and the dollar index weakened.
On one hand, there's the real data of "the economy is cooling"
On the other hand, there's the repricing of "the Fed won't stay that hawkish"
Ultimately, it boils down to one sentence for the market—liquidity might be loosening.
Th

Last night, with all storage semiconductors starting at -10%,
Micron fell -5%, because the tycoon thanked Micron twice on social media.
The Big Short doesn’t believe in that and has already started shorting Micron.
Because a few days ago, South Korea’s storage capacity expansion plan made him feel like the end is coming.

#NFP
Weak June NFP Reshapes Fed Expectations | Markets Reprice Interest Rate Outlook
The latest June Non-Farm Payrolls (NFP) report has significantly changed the market narrative after employment growth came in much weaker than expected. The slowdown in hiring has prompted investors to reassess the outlook for Federal Reserve monetary policy, reducing expectations for additional interest rate hikes and triggering broad moves across global financial markets.
The report suggests the U.S. labor market is gradually losing momentum, increasing speculation that the Federal Reserve may choose to kee

At approximately 17:30 before the U.S. stock market opened, it initiated a basket of short positions on Micron (MU), SK Hynix (SKHX), SanDisk (SNDK), Intel (INTC), and BTC, with a total notional position exceeding approximately $34.9 million. As the relevant underlying assets fell after the U.S. market opened, this group of shorts achieved an unrealized profit of approximately $1.74M within about four hours.

📢 Gate Square Daily | July 3
1️⃣ Industry News: Securitize officially listed on the New York Stock Exchange, providing real-world asset (RWA) tokenization infrastructure for capital markets.
2️⃣ Macro Market: U.S. nonfarm payrolls added 57k in June, with unemployment rate at 4.2%, both lower than market expectations, alleviating market concerns about a near-term Fed rate hike.
3️⃣ Market Update: Crypto market broadly up, BTC at $61,506, up 1.7% in 24 hours; ETH at $1,698, up 4.7% in 24 hours.
4️⃣ TradFi Update: U.S. stocks closed with the semiconductor index down 11% over two days, storage se

Seriously though, this chart is really messing with people. 📉👀
A few days ago in the afternoon, $BEL was still fluctuating around a high, and many thought it would keep rallying. I stared at it for a while and only felt the resistance above was too obvious, and the volume wasn’t keeping up—it felt flimsy.
Now that it’s played out, BEL has given the answer directly 🚨 I opened a short position near 0.17352. My reasoning was simple: the rebound couldn’t hold, buying pressure was weak, and if no one stepped in to buy, it would slide.
Now seeing 0.09321, +1134.93% has been realized—feels

Most traders just watched SKYAI dump—what they missed is the 4h structure screaming reversal.

$SKYAI /USDT - LONG

Trade Plan:
Entry: 0.07605 – 0.07783
SL: 0.06579
TP1: 0.08530
TP2: 0.09088
TP3: 0.09924

Why this setup?
- RSI 15m at 43.53 is oversold on short timeframe, not yet exhausted.
- 1D trend is range, not bearish—this is a mean reversion setup, not a breakout fakeout.
- Entry at 0.07694 with tight SL at 0.06579 means 17% risk for a potential 29% to TP1.

Debate:
Are you buying the dip at 0.0769 or waiting for a lower wick to confirm?

#ETHBreaks1700
Ethereum has finally reclaimed the $1,700 psychological threshold, a level that had served as stubborn resistance throughout late June. As of July 2, 2026, ETH is trading with renewed vigor after sweeping liquidity around the $1,597 zone and staging a decisive breakout. The one-day gains have ranged between 4.8% to 6.28%, pushing price action toward the next critical resistance cluster near $1,830. This breakout represents more than just a number on a screen—it signals a potential shift in market structure that traders have been waiting for.
The technical significance of this m

Not gonna lie, these shorts really showed class this time. 😎📉 When the market was grinding higher during the session, $VELVET kept trying to edge upward, but every time it surged, it didn’t carry through. The more I watched, the more it looked like they were laying a trap for people chasing longs.
A few days ago, in the dead of night, when I was watching VELVET, the most obvious thing was that the rebound lacked strength—trading volume didn’t back it up—and the overhead resistance wasn’t truly broken through 👀 At the time, the signal suggested that opening shorts was clearer.
From 1.66025

Don't even mention it, this wave is really satisfying! 🔥 A few days ago, the chart was still grinding before bed, and when I opened it in the morning, $ADA directly cashed out the long position, and the mood immediately smoothed out.
During the intraday bottoming process, I watched very closely. ADA's retracement didn't break, the low held steady without collapsing, and selling pressure got lighter each round. When the price was around 0.1448, I judged that this wasn't chaotic weakness but rather waiting for buying momentum to take over, so I signaled at that time to look for long opportunit