AutumnTranquility

$BTC bear markets have become less brutal with every cycle
2011: -93%
2015: -87%
2018: -84%
2022: -78%
That said, I don’t think a 50% correction is enough
Too many people are already convinced the bottom is in
What do you think is going to be the bottom?
#Get2SharesOfSKHynixAtZeroCost

News from Bikuaiwang: OnchainLens reports that after being inactive for 8 months, a whale opened a short position of 12,832 ETH worth approximately $19.7 million, with 20x leverage.

CoinWorld News: The high-position short trader recently reduced their NEAR short positions by 225,165.30, approximately $480,182.77. The trader’s total position size is $1,775,942.96, with an average price of $2.07. Their current profit and loss is +$90,390.92 (+50.90%), with the current coin price at $1.97 and the liquidation price at $26.43. This address was previously the largest ZEC short in the crypto market, and recently, in the U.S. stock market sector, they have favored setting high-position short orders, with profit over the past half-year exceeding $48 million.

$BTC Order Books
OBs and Liquidation stacking up at 62k
Downside potential still high.
Who's long or short RN?

CryptoWorld News: Ukrainian Deputy Prime Minister: Russian drone attack results in the death of a Panamanian crew member in the Black Sea.

$BTC Today's daily candle has no wick at the bottom, which is usually not a great sign.
Price has moved higher all day without revisiting the daily open once.
From my experience, moves like this often end up getting retraced entirely once the objective has been achieved.
With equal highs sitting just above current price, I think this move is more likely to turn into a liquidity grab than the start of a sustained trend higher.

CryptoWorld News reports that, according to The Block, White House cryptocurrency advisor Patrick Witt stated at a blockchain association event that the "Clear Act" aims to support regulation and enforcement, responding to concerns from law enforcement agencies that it weakens the ability to combat financial crimes. Senator Lummis warned that if the bill is not passed this year, it may have to wait until 2030 to be reconsidered. The bill faces obstacles such as disputes over anti-money laundering provisions, whether BRCA exempts non-custodial developer fund transfers, and conflicts of interest involving Trump's crypto investments. Democratic Senator Cortez Masto voted against it last month, saying it hampers the tracking of illegal funds.

CryptoWorld News reports that, according to livecoins, South American agricultural company Adecoagro is advancing a Bitcoin mining project in Brazil. The project will use clean energy generated from burning sugarcane bagasse for mining, initially planning to use 10 MW of power and deploy 1,280 Bitcoin mining machines, with operations expected to start around July 1, 2026. Adecoagro project manager Matheus Lechuga stated that the data center project aims to verify existing infrastructure and improve energy utilization efficiency. The local government has assisted in advancing environmental permits and business environment support.

CryptoWorld News: Franklin Templeton CEO Jenny Johnson previously regarded Bitcoin as the "biggest disruptor" of blockchain, but she now believes Bitcoin has value in high-inflation economies.

CoinWorld News, the CL short position has increased by 4,650.67 ZEC, approximately $449,937.20, with the total holding reaching $4,462,991.72. The average price has been adjusted from $90.73 to $90.75. Currently, the unrealized profit and loss for this short position is -$17,969.32, a decline of -0.63%. The current ZEC price is $91.11, with a liquidation price of $146.07. This address started shorting ZEC at $184, once experiencing an unrealized loss of $21 million, later turning profitable, and recently becoming the largest long position in the S&P 500, with a scale exceeding $70 million.

As the mid-2026 elections near, Trump’s control within the Republican Party continues to strengthen, with his favored candidates winning with high margins in the primaries. Paxton’s defeat of Conning is seen as the latest manifestation of his dominant line. However, analysts warn that primary victories do not necessarily translate into midterm wins; economic, inflation, and foreign policy issues will test the GOP’s ability to attract a broad electorate. Some strategists are concerned that its “loyalty-first” screening mechanism may weaken its appeal to swing states and moderate voters.
The Democrats, meanwhile, hope to use the pattern of Trump’s support slipping and the governing party’s pressure during midterms to win control of Congress. The mid-2026 election will be a key test of whether their influence can be converted into nationwide victories.

CoinJie.com news: There was a major interpersonal conflict between Anthropic’s founders and OpenAI CEO Greg Brockman over project management. Brockman’s excessive involvement in a project led a top researcher to be sidelined, enraging the project lead, Dario Amodei. Amodei subsequently barred Brockman from interfering with the development of the predecessor project that led to ChatGPT’s creation. This workplace rift contributed to Amodei’s team later leaving to found Anthropic, and it also set the stage for subsequent power struggles. In the 2023 Thanksgiving boardroom “coup,” when co-founder Ilya Sutskever removed Sam Altman, one of the core reasons cited was that Altman “couldn’t rein in Brockman.”

Wu Says has learned that developer donnoh posted a statement indicating that, due to vulnerabilities related to recent upgrades, Base’s status update has been disconnected and stalled for more than 30 hours. However, because withdrawing from L2 to the Ethereum mainnet itself requires a 7-day challenge period, most ordinary users—and in some cases, even none of them—noticed this malfunction. Subsequently, the official Base team issued a response on its status page, stating that the proposal was terminated due to issues with the TEE enclave, and that withdrawals on the Base mainnet have therefore been forced to be delayed. The official said that fix work is currently underway, and that other network components have not been directly affected.