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📢 Gate Square Daily | July 7, 2026 — Crypto & Market Update
🚀 Industry News: Trump Shows Strong Support for Crypto
Former U.S. President Donald Trump stated that he is a “big fan” of cryptocurrency, highlighting the growing influence and adoption of digital assets in mainstream discussions. His comments continue to keep crypto in the spotlight as investors watch for potential policy and market impacts.
📊 Market Update: Bitcoin & Ethereum Hold Steady
• ₿ Bitcoin (BTC): $64,061 — up +0.8% in the past 24 hours
• Ξ Ethereum (ETH): $1,802 — up +0.9% in the past 24 hours
Major cryptocurrencies sh
BTC-0.30%
ETH-0.62%
BONK-8.11%
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Gate_Square
📢 Gate Square Daily | July 7
1️⃣ Industry: Trump said he is a “big fan” of cryptocurrency.
2️⃣ Market Update: BTC trades at $64,061 (+0.8% 24h), while ETH stands at $1,802 (+0.9% 24h).
3️⃣ On-Chain: BonkDAO suffered a governance attack, with around $20 million worth of BONK tokens transferred from its treasury.
4️⃣ TradFi: Citi is bullish on Micron Technology and bearish on Qualcomm, expecting further divergence in U.S. chip stocks.
5️⃣ Institutional Moves: Strategy reduced its holdings by 3,588 BTC last week, worth over $220 million.
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Enough said, this wave was pure luck, not getting cocky 🚀 A few days ago, the chart was grinding in the early morning, I was staring at $TAC at that time, many people didn't want to look anymore, but I saw that the key level hadn't broken, there were buyers below, and selling pressure had clearly lightened. At that time, I reminded to follow the long idea and first look for a rebound.
Earlier it was really grinding, but once it broke out, it was truly satisfying. Entered around 0.019490, opened the chart in the morning and it had already reached 0.032792, current profit +677.42%, this trade
TAC7.63%
BTC-0.22%
ETH-0.54%
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JUST IN: Ansem updates ANSEM promotion plan, routing creator-fee SOL into liquidity pools to deepen liquidity and absorb early selling pressure, plus phased holder airdrops and a push on social campaigns. $ANSEM
SOL0.11%
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JUST IN: Over 94% of ANSEM’s 110k+ holders are in profit per Bubblemaps data. If sustained, this pattern signals widespread prior-entry profitability and potential distribution-driven activity ahead. $ANSEM
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2819 high sold 3000 YFI into Coinbase, whale dumped $8 million 4 hours ago. Is this pump being bought by retail or a whale's shakeout? Whale 0x7a3d...9f2e precisely reduced positions above 2800, on-chain shows it only accumulated at 1900 low last month, cost base at least 42% profit. Large transfer concentration is abnormal, with 12 transfers of over 100 YFI in the past 24 hours, total selling pressure accounting for 37% of trading volume.
Glassnode data: Exchange net inflow surged 21%, but open interest dropped 8%, indicating longs are deleveraging. Short-term resistance at 2850, if unable to
YFI32.59%
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Ah—Wall Street is really forcing a fleece off us, and Koreans have no way to defend themselves. Koreans already love staying up late, there are a lot of bald people, and they never really had much hair to begin with—now they’re being fleeced by Americans too. At this point, they’re going to get fleeced bald for real 🫠
Save Korea 🇰🇷, Uncle Lee—come out and say something now 🤣. Are you not planning to go on a hunger strike to protest? 🤦
Buy the dip, hold long term. Put Discord in your profile.
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#XAU Show the positions, precisely reaching the take-profit point✌️
XAU-0.70%
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$BLESS this long position was closed quite decisively. When I first entered at 0.007194, many people were still talking about the key level above, but I felt it just couldn’t drop further—the order book wasn’t cooperating with the shorts anymore. Now the price has pushed to 0.008546, with a return of +913.74%, and this is how the rhythm gets cashed in.
The core judgment is simple: the weak pullback didn’t break down; once you reverse and pull up, you can’t keep viewing it through a consolidation mindset. Over here, I’ll take profit on 70% of the position first, and keep the remaining 20% to se
BLESS-2.15%
BTC-0.22%
ETH-0.54%
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A 15-year-old in Japan just showed the entire security industry its next problem. 🤯
He found the vulnerability the old-fashioned way, studying Bandai Channel's network traffic by hand. That part isn't new. What's new is what happened after. He handed the exploit to ChatGPT and had it write the program that automated 46,812 account cancellations. When Bandai Namco tried to block him, he rotated his IP roughly 30 times and kept going.
The company had to take the entire platform offline for a month. Member emails and nicknames were exposed in the process.
He told police he had no grudge against
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Don’t say—this wave really gave face! I opened the market this morning and directly saw $SLX getting smashed down 📉🎯
Before the market had fully started, I noticed its rebound was weak; volume didn’t keep up, and the overhead pressure was pressing down hard. Back then, I reminded everyone that short positions should keep a close eye—don’t get scared out just by a quick pull 👀📌
From 0.55202 all the way to 0.20416, the return is now +1241.38%. It was really a grind before, but when it finally played out, it was really worth it ✅🔥💰
This is the rhythm.
When you’re making money, the w
SLX2.09%
BTC-0.22%
ETH-0.54%
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Woke up and immediately felt energized! 📢📉 A few days ago, during the early-morning market, everything was still pretending to be strong. $BTC tried to push upward a few times, but it kept falling a breath short. I could clearly see that the buy-side support was insufficient, and the “lure the longs” vibe was getting heavier. Back then, I stuck to the plan and provided the bullish thinking. Some money isn’t made by impulse.
Entry position: 75987.9. Now the price is at 63345.2. The short position was closed out very cleanly 🔥✅ — the profit shown is +2892.94%. This wave’s timing was spot on:
BTC-0.22%
ETH-0.54%
SOL0.25%
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Just finished watching the depth chart of AXTI. The capital throughput at 60.6 is abnormal. Damn, massive sell orders piled above 61, but buy orders are as sparse as a bald man's hair. The whale's washout tactic this time is too crude, like plugging one's ears while stealing a bell.
Pure capital-driven game. The candlestick chart has formed a textbook bearish engulfing pattern at the top. Don't fight emotions, watch the market coldly.
Directly place a short order around 60.61, first target 58.5, stop loss at 62.2. The logic behind this trade is to counter the whale's fake breakout. If it dares
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July 7 $ETH Market Analysis: Ethereum’s hourly chart is increasingly looking like it’s forming a top. Be prepared for a pullback—during the day, find a better spot to short. You’ll need to wait for the candle close to confirm the situation before finding a spot to open a short.
As for the left side, 1670 and 1660 are still where you can place longs and wait to catch the rebound. The key is to watch the support within this range.
ETH-0.54%
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Brothers, who gets it! A few days ago it was still dragging, but today it directly gave the answer📉🔥$BTC for this round of short. At first, it really looked like a hassle, but the rhythm didn’t get thrown off. A few days ago, in the early morning, the price surged upward and no one took it, and the volume didn’t keep up either. I clearly saw the resistance overhead, so I judged this rebound was more like a bull trap. Back then, I told you to go long—the position was near 75769.2🎯👀Now the price is at 63310.4, and the return rate has run to +2858.85%. This piece of profit is truly satisfying
BTC-0.22%
ETH-0.54%
SOL0.25%
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SKYAI's 4-hour bullish divergence, do you dare to catch this falling knife?
$SKYAI /USDT - LONG
Trade Plan:
Entry: 0.04317 – 0.04451
SL: 0.03543
TP1: 0.05015
TP2: 0.05435
TP3: 0.06066
Why pay attention to this structure?
- 4-hour LONG signal, confidence 77.4%, 1D trend oscillating, but RSI on 15-minute has reached oversold area at 32.91.
- Current price 0.04384, close to EMA support, entry low at 0.04317, stop loss clearly at 0.03543, risk-reward ratio near 3:1.
- Why now? Oversold bounce + bullish 4-hour structure, TP1 target 0.05015, TP2 0.05435, considerable room.
Discussion:
Will this wave
SKYAI-20.37%
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Woke up and it immediately got me feeling bullish! 🚨 A few days ago in the afternoon, everyone was still watching from the sidelines. $TIA They made a push up all at once, but even then it almost didn’t make it—I felt this pump had a pretty strong bull-trap vibe. Back then, I looked at it pretty simply: an unlimited lift, insufficient support, resistance still overhead—so the higher it went, the more empty and fragile the chart became. That’s why I flagged going long around 0.4144. 📌 Don’t fear it grinding; fear you panicking first. Some money isn’t made by impulse. Now the current price is
TIA-4.83%
BTC-0.22%
ETH-0.54%
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BTC & ETH Chart Overview With Market Momentum
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Boom! This drop must have sobered up those who chased the price a few days ago 🚨📉
A few days ago, early in the morning, I was watching $TAO. The chart was still pretending to be strong at highs, but upon closer inspection, it didn't look right: volume couldn't keep up, the bounces were getting weaker, and the overhead resistance kept pressing down. I judged at the time that this wasn't strength; it was way too heavy with bullish trap vibes.

While everyone was still waiting and watching, I saw TAO getting rejected every time it tried to rally upward; the support wasn't firm enough, so I ope
TAO-1.86%
BTC-0.22%
ETH-0.54%
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JUST IN: South Korea’s KOSPI slides ~7% to 7,487.25 as Samsung and SK Hynix crater; leveraged ETFs on both names also tumbling. This could signal broader risk-off mood in tech equities, with potential spillover to crypto markets if equities stay pressured. $BTC $ETH
BTC-0.30%
ETH-0.62%
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market update
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