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Market performance: Stimulated by the U.S. June PPI cooling more than expected (MoM -0.3%), BTC briefly broke above $65k overnight to set a three-week high, and is now pulling back to trade around $64.4K; ETH is consolidating around $1,890, and after a short-term rebound it faces selling pressure from profit-taking.

Key data: The rate-hike probability has plunged to 12%, and the total liquidations across the market in the past 24 hours have exceeded $300 million (short positions dominate). U.S. spot BTC ETFs saw net inflows of about $108 million, with institutional funds making a slight return. The Crypto Fear and Greed Index is 25 (Extreme Fear).

Hot developments: South Korea plans to include crypto as a national asset; Ostium was attacked, with losses of about 24 million USDC; the RWA sector led the way against the trend, including ONDO. #PreIPOs第二期OpenAI认购 $ETH
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