6.28 Current Crypto Real-Time News Copy (Two Sets: Live Stream Script + Short Friend Circle Copy, Aligned with Your Thousand-Yuan Capital Risk Control Persona)

1. Live Stream Full Commentary Script (Read Directly On Air)

Dear family, let me give you the latest market update on Sunday. Multiple bearish factors are stacking, and there are options expiring today, so risk must be kept in mind.

Bitcoin is currently at $59,960, repeatedly oscillating below the 60k threshold. Yesterday it hit a low of $58,995, halved from the year's high, with the Fear and Greed Index stuck at 13, deep into extreme fear territory.

Over the past 24 hours, more than 150k people across the network have been liquidated, with total liquidation volume reaching $1.1 billion. 80% of them were long positions being stopped out—all small capital using high leverage to bottom-fish rebounds, only to be wiped out by a single spike.

Here are four core bearish factors currently suppressing the market:

1. The Fed’s hawkish expectations have fully materialized. May’s PCE inflation data came in higher than expected, and the market unanimously expects no rate cuts within 2026, with even the possibility of a rate hike. U.S. Treasury yields continue to rise, interest-free crypto assets keep being sold off, spot ETFs have seen massive net outflows for several consecutive weeks, and on-chain incremental buying demand is completely exhausted.

2. Today at 4:00 PM Beijing time, quarterly options are set to expire. The market has entered a negative gamma zone, with the 60k level turning from support into strong resistance. Before expiration, institutional funds will hedge back and forth, with spikes and wide-range oscillations dominating the afternoon, causing short-term volatility to double directly.

3. The overhang from Mt. Gox remains a persistent pressure. The remaining more than 30,000 BTC will be distributed in batches until the end of October. Any slight rebound in these low-cost chips will trigger profit-taking sell orders, locking in upward price movement over the medium to long term. Every large on-chain transfer will trigger market panic selling.

4. Market funds continue to be diverted as hot money floods into the AI sector. Institutions are simultaneously reducing their Bitcoin positions, and whales have been selling off for several consecutive days. Meanwhile, geopolitical tensions between the U.S. and Iran push up oil prices, further exacerbating inflation worries and negatively impacting risk assets.

Now, here are some practical operational suggestions for retail investors with small capital of 3000 or 400 U:

First, avoid high leverage during the afternoon expiration window. Never touch 20x or 50x contracts—the back-and-forth stop-loss runs will be unbearable.

Second, do not go against the trend to heavily bottom-fish. Before the 1.1B level is firmly held, all rebounds are just pauses in a downtrend. If there is no clear stabilization signal, just stay out of the market entirely.

Third, split your position and test the waters in batches. Each open position should be no more than 20% of your capital. If you're wrong on the direction, take a small stop-loss. Do not hold onto losing positions or fantasize about the market saving you.

Fourth, whenever a position shows unrealized profit, immediately take profits in batches. The current market has extremely poor rebound sustainability, and greed can quickly wipe out all your gains.

Finally, remember the core logic: The crypto space never lacks opportunities. Only those who can stay at the table for the long term and protect their capital have a chance to profit. In a bull market, everyone is a genius. It's during oscillating markets like this, where multiple bearish factors converge, that true trading discipline is tested.

Risk Warning: The above is only market information interpretation and does not constitute any trading advice. Cryptocurrencies are highly volatile. Strictly control your positions and leverage. $BTC