Holy shit! Is mining company Riot about to exit scam? 😱

Seeing this news in the middle of the night scared the hell out of me!

Just monitored that Riot Platforms transferred 500 BTC to NYDIG Custody, worth $29.48 million. Don't tell me it's "asset allocation" — this shit is clear as day on-chain: they're fucking selling!

In June, Bitcoin $BTC everyone knows what it's been like. The US-Iran conflict negotiations are dragging back and forth, and Bitcoin is bouncing around 60k repeatedly, dangling you like a fucking asshole.

At the end of the month it barely stabilized at 58k, but look at that K-line — as fragile as a girlfriend's promise when she's angry. RSI6 is only 27, almost at the critical warning level.

July is the real hell.

On July 2nd, the non-farm payroll data will blow everything up! Market expects 113k new jobs, unemployment rate 4.3%. If the data is good?

Fed rate hike expectations solidify, Bitcoin goes straight to ICU.

If data is bad? Recession panic, also ICU. Either way it's death? 🤡

And there's the CLARITY Act, with a hearing on July 17th. Passed = regulatory implementation bullish; not passed = policy uncertainty bearish — in crypto, good news is always bad news once priced in, and bad news is still bad news even after being priced in.

Can 58,000 hold?

Honestly, I think it's shaky. Miners are dumping, ETFs have seen net outflows for 7 consecutive weeks, whales are running. If July breaks below 58k, the next battlefield is 50k to 54k.

Bears are already laughing, bulls are praying, the whale is smirking, bottom-fishers are loading their bullets!

How much position do you still have? Leave a number in the comments, let me see how many people can't sleep tonight 👇

#Gate完成141只股票股息派发