BTC breaks through the psychological threshold of $60k, hitting a low of $59,023, a new low in nearly 20 months. ETH simultaneously breaks below $1,600. Across the entire network, liquidations in 24 hours exceed $984 million, with nearly 180k people liquidated. Long position liquidations account for over 80%, as short sellers dominate in a crushing harvest. The Fear and Greed Index drops to 17 (Extreme Fear), with continued ETF net outflows. $ETH

【Major Events】

1. Ethereum Foundation Major Restructuring: Vitalik announces EF layoffs of 20% and budget cuts of 40%, shifting from an operational model to an endowment fund model, with ETH holdings dropping to the lowest in nearly 6 years.

2. U.S. Senate Passes CBDC Ban: The bill prohibits the Federal Reserve from issuing a digital dollar before 2030.

3. South Korea's KOSPI Plunges 10%: Regulators admit errors in approving leveraged chip ETFs, triggering chain reaction volatility in Asian markets.

4. Binance Faces MiCA Hurdles: Greek application faces setbacks but reaffirms no withdrawal from Europe, with a clear plan for European users before June 30.

OG long-term holders' selling drops to the lowest since last November, reducing sell-side pressure. Historically, extreme fear often accompanies temporary bottoms, but until macro pressures (Fed hawkish stance + mining company losses) are alleviated, caution remains on whether $59K will hold.