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$BTC High Leverage Idiots
Majority of late longs just got hit on that FOMC pullback.
However, there is still a big chunk left in the 63k range.
Longs are risky right now.

According to Bloomberg, digital bank Revolut will launch services in the United Arab Emirates, following approval for its application for a license for deposit facilities and retail payment services from the UAE Central Bank. Revolut stated that the company will first build technology, operations, and local capabilities before officially launching. UAE users are expected to be able to use Revolut's global financial platform for multi-currency holding and management, physical and virtual card payments, and local and international remittances through the app. Revolut also plans to further expand into the Middle East and North Africa, including entering Turkey and Morocco. The company currently has approximately 75 million global users, recently received full approval to offer comprehensive banking services in the UK, and has launched services in Mexico.

Crypto news, Tether froze a wallet related to Monero (XMR) price manipulation, locking approximately $72 million worth of USDT. Blockchain investigator Zachxbt traced a USDT wallet worth over $120 million to be connected to Monero's recent price surge. The investigation revealed that the wallet received $120.2 million in USDT on June 11 and quickly transferred funds across multiple platforms. Tether then blacklisted a Tron address directly linked to the wallet, freezing about $72 million worth of USDT.

CryptoWorld News reports that, according to Lookonchain, the hacker of Humanity Protocol has just minted an additional 100 million $H tokens on BSC, which is worth approximately $11.4 million at the current price, increasing selling pressure in the market.

CryptoWorld News reports that, according to blockaid monitoring, the humanity attacker took over the proxy admin privileges for the h token on the BSC chain and additionally minted 100 million h tokens (approximately $12.9 million) to a new wallet.

CoinWorld News: The Korea KOSPI index dropped more than 8% within 20 minutes of trading start, triggering the circuit breaker mechanism and temporarily suspending trading. Samsung's stock price fell over 9%, with a market value evaporating more than $100 billion, despite Samsung being seen as a major beneficiary of increased demand for AI hardware and memory chips. This decline reflects investors' cautious attitude toward technology and AI-related stocks, especially against the backdrop of a weak U.S. market. Market participants note that despite increased short-term volatility, the long-term fundamentals remain strong, and the Korean stock market is expected to recover from this sharp decline.

White House Artificial Intelligence Policy Advisor Sriram Krishnan announced his resignation at the end of June, having taken office in early 2025. About 18 months later, he will establish a policy and technology organization to recruit engineers to continue supporting the U.S. government and allies' AI initiatives. During his tenure, he promoted the Executive Orders for the "U.S. AI Action Plan," "AI Acceleration Partnership," and the "National AI Policy Framework," and showcased the U.S. AI tech stack at the India-U.S. summit.

$BTC | Monthly
This does not look good for the bulls...
The previous Monthly candle rejected from the Imbalance Zone created during the last move to the downside. After 5 consecutive bearish candles, a pullback to rebalance the PA was not out of the ordinary.
Now we can see that the previous Monthly candle closed as a bearish shooting star, followed by a dump at the start of the current month.
If we look purely at the Monthly Structure, the first decent support zone where we could potentially see a bounce sits around the Quarterly Open region between 68.2k and 66.9k.
That's the area we should be paying close attention to right now.
There are some LTF levels in between, such as the 70.4k Daily EQLs, but that area is not particularly strong and can easily be turned into liquidity, resulting in a move all the way down to the Quarterly Open.
Personally, I am expecting some relief from the 68k-66k region before any further continuation to the downside. My first target for a potential Macro Bottom in this bear cycle remains 58.8k.
If we lose the 58k region, things could get a lot more interesting, with the 49.5k-41.6k region coming into play, followed by a possible exit flush into the 37k-38k region, which has remained my Max Pain target ever since the 120k highs.
This is the plan we’ve been following for the last 6+ months without any deviations, and so far it has played out almost perfectly. It has remained extremely rewarding, helping us position in the right direction while others were in doubt and calling for higher prices.

Bjie.com reports that ETH has recently been oscillating near the $1,825 support level, with focus on the $1,750 invalidation level and upward targets of $2,073 and $2,360. If buyers hold the $1,825–$1,880 zone and form a clear 1-2 structure, a rebound to $2,073/$2,360 may occur; breaking below $1,750 will weaken the current support. The four-day chart shows that a rebound could be forming into a larger B-wave; an upward structure needs to be established quickly. Currently, ETH is supported below $1,880 and faces resistance above $2,600; the future direction depends on whether support can be maintained and a clear upward trend can be initiated.

CoinJie News: HYPE short positions have increased by 23,718.79 tokens, approximately $2,037,194.45, bringing the total position size to $13,019,907.83. The average price has risen from $49.47 to $51.98. The current profit and loss is -$3,491,924.56 (-134.10%). The current coin price is $71.03, and the liquidation price is $112.01. This whale has long relied on market volatility during the prolonged downward move—going long BTC while shorting HYPE—earning more than $37 million in profit across the full cycle.