US investors are buying Bitcoin again: ETFs have attracted $439M so far this week.
The Coinbase discount has persisted for 78 days, but it is narrowing. Pressure is easing faster than demand is returning.
bitcoin:native Morning Brief #219 - what will confirm the reversal 👇

Did nothing. Just went to get a cup of water, and when I came back, the candlestick chart had already cleanly broken the high zone. When the morning dump first hit, $BNB ’s rebound was clearly lacking in strength—every time it tried to push upward, it was pushed back down. Even BNB didn’t show any decent follow-through. My judgment was simple: trading volume was low, the rally had no backbone, and the “bull trap” flavor was too strong—so around 639.40, I executed a long following the rhythm and didn’t chase those few illusory upward pops.
Now the price is at 568.7, and the short-trade review r

#SECWarnsOnChainLendingMayFallUnderSecuritiesLaw Is DeFi Entering Its Biggest Regulatory Test Yet?
For years, decentralized finance (DeFi) has promoted a simple but revolutionary idea: financial services without banks, brokers, or centralized intermediaries. Anyone with a crypto wallet could lend assets, earn yield, or borrow capital through smart contracts operating 24/7 across the globe.
However, that vision is now facing one of its most significant regulatory challenges.
The U.S. Securities and Exchange Commission (SEC) has warned that certain on-chain lending activities may fall under U.S

$ETH ETH’s surge this time looks strong, but based on the order book, it seems more like the main players are pushing the price up to attract momentum-chasing long capital. After consecutive lifts at high levels, the trading volume has not clearly expanded, showing signs of funds exiting as they go up.
Main players often first create a strong breakout to lure retail traders in, then use the liquidity at higher levels to distribute gradually. Once buy-side demand can’t keep up, and sell pressure releases from above, a quick pullback is likely.
For the short term, watch how the price holds under

#夏日创作营 Two noteworthy news events
Over the past two days, there have been two news events worth paying attention to:
The first event is that Yemen’s Houthis attacked Saudi oil tankers, and the alternative route across the Red Sea has entered a phase of real substantive risk.
Yesterday, Yemen’s Houthis said they used missiles and drones to attack two Saudi oil tankers, the “Encelia” and the “Relya.” Of these, the “Encelia” has been confirmed: the ship was attacked on its starboard side and it caught fire at one point, while the situation of the other tanker is still being verified. Previo

I see CT don’t talk much about this one again on the TL after the initial pump
Coming into a very important level
solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

Lock in this round of downward momentum, and let the second bun flow smoothly into your pocket
1938 → 1914, the buns take 24 points of room
The setup is on time, and the earnings are credited $ETH #Gate事件合约首发狂欢

“Great deeds are achieved with half human planning and half with fate.” Without advance plans and preparation, victory in war cannot be obtained. (In all things, if you plan ahead, you will stand; if you don’t plan, you will fail.)

With long sleeves and graceful moves, one is good at making money; with abundant wealth, one is good at doing business—money doesn’t enter the fast lane. (Fast is slow; slow is fast.) #Ethereum $ETH ‌

Before Bitcoin Makes Its Next Big Move...
Watch Stablecoins.
Positive Inflows Are A Good Start, But Falling Exchange Reserves Suggest Fresh Buying Power Still Isn't Back.

JUST IN: Galaxy Digital plans a $3.5B high-yield bond offering to back data center projects tied to CoreWeave, aiming at ~9% yield with Morgan Stanley and Goldman Sachs as underwriters. This signals higher-risk AI infra financing entering the credit market. $GLXY

Everyone wants to buy the coin after Elon tweets.
I'd rather own the coin that's one click away from Elon.
$HEAVYPULP

An exit can exist and still be unreliable.
Liquidity is confidence that meaningful value can leave without destabilizing the market.
#Liquidity #MarketStructure

Daily ETC Flows

A checklist for power equipment going overseas—everyone, please go check it out.
Friends on Knowledge Planet can view it directly inside the community.

JUST IN: WTI crosses $90, up ~3.6% intraday. Macro pain points can ripple risk-on bets in crypto liquidity and hedging flows. Keep an eye on risk-on/off cues for $BTC /$ETH volatility.

$BTC $ETH Afternoon analysis
BTC and ETH走势同步, a strong bearish engulfing candle in the afternoon directly smashed through the moving averages. Now the price is sitting below the moving averages under pressure. The rebound strength is weak. The highs are stepping lower step by step—classic “cap-the-head”行情.
The bulls can’t hold up and the sell pressure has broken down and dropped. This rebound now is only a temporary repair after a bigger selloff; it’s hard to pull it back directly. Rebound while following the trend is safer. Bottom-picking should only be a small-sized bet for a short-term rebo