#BTC /# ETH / #Morning Report | June 24, 2026, Wednesday

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Bitcoin

| Indicator | Value |
|------|------|
| Current Price | **$62,266** |
| 24h Change | **-4.23%** |
| 7d Change | **-7.4%** (Last week $67,281 → today) |
| ATH Drawdown | **-50.6%** ($125,500 → today) |
| Fear Index | **23** (Extreme Fear) |
| 24h Liquidations | 130k traders / $659 million (Longs account for 91%) |

**Last Night’s Major Events**:
1. Global asset "Black Tuesday" — BTC breaks $62K, gold breaks $4,100, NASDAQ -2.21%, Philadelphia Semiconductor -8%, all markets crash [According to
2. Strategy increases holdings by 520 BTC against the trend, total holdings 847,363 BTC — but in the past 30 days, only 44k BTC out of 45k BTC bought by Strategy, the rest by corporate entities totaling only 1,000 BTC, extremely concentrated buying
3. 10.2 million BTC are in profit (below 15-year trend line), 9.8 million BTC are at a loss, with the highest loss ratio in history[
4. Open interest in BTC futures decreased from $42 billion to $25 billion, $17 billion of leveraged positions liquidated, funding rate at 0.0019%, nearly zero
5. Exchange-held BTC share dropped to 0.133, approaching the lowest point since May 2023 — on-chain players are withdrawing to cold wallets, but ETFs are continuously outflowing, two opposing forces in fierce confrontation

**Resistance and Support Levels**:

| Level | Resistance | Support |
|------|------|------|
| First Level | $64,600–$64,800 | $63,000–$63,200 |
| Second Level | $65,200–$65,600 | $61,500–$62,200 |
| Critical Level | **$66,800** (MA20, must break above to end the bear trend) | **$59,000–$60,000** (June low, breaking below signals deep decline) |

**Strategy**: A rebound in the $64,600–$65,600 zone suggests light short positions with caution above $66,800; a pullback and stabilization at $61,500–$62,200 can be used for short-term longs. Avoid heavy positions before PCE data; observe during consolidation for optimal entries.

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Ethereum

| Indicator | Value |
|------|------|
| Current Price | **$1,747** |
| 24h Change | **-5.67%** |
| 7d Change | **-1.9%** |
| 30d Change | **-12.0%** |
| ATH Drawdown | **-64.7%** ($4,946 → today) |
| ETH Dominance | **10.4%** (BTC dominance >56%) |

**Last Night’s Major Events**:
1. 🔴 **Ethereum Foundation cuts 40% of budget + 20% layoffs** — 9 senior executives have left, two co-CEOs are vacant
2. ETH Labs established, taking over some Foundation functions, supported by Joe Lubin and others — but governance improvements can only slow the decline, not reverse the trend
3. ETH ETF experienced 17 consecutive days of net outflows, over $712 million in the past 3 weeks — compared to Solana ETF’s net inflow of $1.45 billion, institutional funds are clearly shifting
4. Current price at $1,747 is close to the 2026 low of $1,733.46; a break below targets $1,545–$1,600
5. Futures open interest decreased from 16 million ETH to about 14 million ETH, overall derivatives holdings remain low — small sell orders could trigger leveraged liquidations

**Resistance and Support Levels**:

| Level | Resistance | Support |
|------|------|------|
| First Level | $1,766 (Bollinger upper band) | $1,705 (Bollinger lower band) |
| Second Level | $1,780–$1,800 | $1,680–$1,650 |
| Critical Level | **$1,850** (short-term hard to hold) | **$1,600** (key round number, breaking below signals deep decline) |

**Strategy**: Short positions on rebounds at $1,760–$1,770 with stops above $1,805; long entries on dips at $1,705–$1,700 if stabilized. Keep a close eye on $1,733.46 (yearly low); a break confirms further downside. ETH’s biggest current issue is liquidity — ETF outflows + Foundation turbulence + Solana attracting institutional funds, a triple negative.

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SOL Solana

| Indicator | Value |
|------|------|
| Current Price | **$70.26** |
| 24h Change | **-4.58%** |
| 7d Change | **-4.15%** |
| 30d Change | **-18.27%** |
| ATH Drawdown | **-76.1%** ($294.91 → today) |
| Market Cap Rank |

**Last Night’s Major Events**:
1. Solana ETF’s **6% staking yield** becomes a core competitive advantage — compared to BTC/ETH ETFs with zero yield, this is a structural difference [According to
2. Korea’s Toss Bank (15 million users) signed an MOU with Solana Foundation to test cross-chain stablecoins based on SOL
3. Collector Crypt (SOL ecosystem) set a weekly revenue record of $4.75 million, total revenue nearly $60 million — RWA physical collectibles track proves feasible
4. Kraken launched on-chain SOL DEX trading, supporting over 2,500 tokens — integrating CEX convenience with DEX liquidity
5. World Cup meme coin craze: over 16k new tokens on SOL, meme coin market cap exceeds $4 billion, but MBAPPE token once shrank from $464 million to $57k, extremely high risk

**Resistance and Support Levels**:

| Level | Resistance | Support |
|------|------|------|
| First Level | $74–$75 (recent rebound high) | $67.80 (recent low) |
| Second Level | $76 (upper boundary of range) | $60.42 (30-day low) |
| Critical Level | **$87+** (30-day high, needs volume breakout) | **$50–$55** (extreme downside target) |

**Strategy**: Trade within the range of $67–$76, selling high and buying low. A breakout above $76 with volume confirms bullish trend; otherwise, rebounds are opportunities to add shorts. Solana’s fundamentals are the strongest among the three major chains (ETF staking yield + institutional adoption + active ecosystem), but macro negatives make it vulnerable.

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Three-Token Comparison at a Glance

| | BTC | ETH | SOL |
|---|---|---|---|
| 24h | -4.23% | -5.67% | -4.58% |
| 30d | ~-12% | -12.0% | -18.27% |
| ATH Drawdown | -50.6% | -64.7% | -76.1% |
| ETF Funds | Continuous outflow | Continuous outflow | **Net inflow $1.45B** |
| Core Narrative | High-beta risk asset | Foundation turbulence + liquidity crisis | ETF staking yield + RWA |
| Short-term Bottom | $58K–$60K | $1,600–$1,733 | $60–$68 |
| Largest Risk | Whale longs liquidation | Falling below $1,733 accelerates decline | Macro drag + meme bubble |

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| Date | Event | Impact Direction |
|------|------|---------|
| **6/25 Thursday 20:30** | 🔴 Core PCE (expected 3.4% y/y) | **Direction choice for the three major tokens** |
| 6/26 Friday | Speeches by three FOMC officials | Rate hike expectations revised |

> PCE above expectations → rate hike priced in → risk assets decline again; PCE below expectations → short-term rebound but big rate hike cycle unchanged. All rebounds are viewed as short covering, not trend reversals.

⚠️ This report is for reference only and does not constitute investment advice.