Brothers, did that early-morning dip in the big cake—$BTC ‌ the drop—also leave you all confused?😵‍💫

It went as low as 59023, and more than 800 million long positions got wiped out directly.

So what happened?

When I woke up and looked,

Not only did the 60k hold, but it also directly smashed through 61000🌚!

This kind of plot twist— even a screenwriter wouldn’t dare write it like this, right?😂?

The big cake is currently breaking above the 61000 area, but don’t get too excited yet. The current price is still sitting below the 200-week moving average, and technically the bears remain in a dominant position.

The second cake$ETH ‌ also followed along, rebounding back to 1628. But looking at the 4-hour BOLL, the squeeze is getting tighter and tighter—directional choice is right around the corner. Whether the low at 1551 is the bottom is really hard to say.

Gold$XAU ‌ there also crashed: it fell below the psychological level of 4000, dropping more than 1600 USD from its historical high. Global safe-haven assets are getting hit all at once.

Next, the key is to watch tomorrow—June 26 Q2 options expiry. On Deribit, $10.5 billion in quarterly options will expire. A massive amount of positions is stacked overhead, and both bulls and bears don’t dare make any rash moves. How this week closes will directly determine how Q3 starts.

You also need to keep an eye on Waller on July 2. Whether what comes out of his mouth is “dove” or “hawk,” the market could take two different paths.

At this stage, what matters is patience and position management. Don’t always think about bottom-buying and top-selling—staying alive is the most important.

If you find it useful, tap follow. I’ll update key levels as soon as possible.👇

#BTC下探60000美元关键关口