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1️⃣ This week, BTC was boosted by ISM exceeding expectations + marginal ETF inflows. Starting Wednesday, it recovered from the rebound to 61,200. The weekly line rose slightly by about +1.8%, closing at $61,340, with a weekly range of 61,780; the 60k integer level is temporarily stable, and a daily close above $61,200 is needed to confirm the end of the decline.
2️⃣ *※ Yesterday, July 4th, was US Independence Day, and US stock markets were closed. PM paused that day's tweet, and today we make up for it with a weekly review. For the week, Nasdaq +0.71%, S&P +0.54%, Coinbase on-chain US stock

CoinGlass data shows that over the past 24 hours, more than 67k people in the cryptocurrency market were liquidated, with a total liquidation amount of $212 million.
Since July, the cryptocurrency market has strengthened overall. Bitcoin rebounded after hitting a low of $57,758.5 that day, and the rebound has now exceeded 8%. In fact, not only cryptocurrencies, but precious metals have also been strengthening recently. Spot gold has risen over 4% cumulatively since July, and spot silver has risen over 6% cumulatively.
According to CCTV News, Federal Reserve Chairman Kevin Warsh stated on July

Non-farm payroll boosts buy-up, followed by consolidation and range trading: BTC spot price is $61472, up 2.61% in 24h; after pushing to 62200 in the early hours, it met selling pressure and pulled back; ETH $1618 rebounded in tandem. The Fear & Greed Index has risen to 21, still within the fear zone; short-term resistance lies at 61800-62200.
Shorts get forced to cover in a cluster: Over the past 24 hours, total liquidations across the entire network reached $207 million, with short liquidations accounting for 74%. A large number of low-level short positions stopped out at lower levels, drivi

Data: Ethereum spot ETFs saw a total net inflow of $14.8948 million yesterday, turning positive after 9 consecutive days of net outflow. According to SoSoValue data, yesterday (Eastern Time July 1), Ethereum spot ETFs had a total net inflow of $14.8948 million. The Ethereum spot ETF with the largest single-day net inflow yesterday was Blackrock’s ETF ETHA, with a single-day net inflow of $36.6392 million. ETHA’s historical total net inflow has now reached $11.095 billion. The Ethereum spot ETF with the largest single-day net outflow yesterday was Grayscale’s Ethereum Mini Trust ETF ETH, with a

The crypto market is seeing another round of intense volatility. Bitcoin (BTC) has successfully fallen below the psychological $59,000 level, and the current price is hovering in the $58,400–$58,600 range. Although it has rebounded slightly by about 2% over the past 24 hours, the overall situation is still clearly under pressure. The total global cryptocurrency market cap is about $2.03 trillion, down about 2% in 24 hours. Bitcoin’s dominance remains around 57.7%, and the Fear&Greed Index has dropped to 16, placing it in the “Extreme Fear” zone. This kind of extreme fear often signals a histor

On June 29th early morning, Bitcoin fell below the $59,500 level, currently trading at $59,496, with a 24-hour decline of 1.76%. Following the expiration of approximately $5.4 billion in options on June 26th, Deribit data indicates that the market has entered a "negative Gamma" environment, where the Gamma flip level of $60,279 has turned from support into resistance, and the support wall formed by the unwinding of 39 million long option positions has disappeared. The current $60,000 has shifted from an "iron bottom" to an "iron ceiling," with $59,000 to $58,000 becoming the key support range

Bitcoin $59,991, Ethereum $1,578.13, a drop of less than one percentage point in 24 hours, the market looks like it's been paused. Looking back over the past seven days, Bitcoin actually fell more than 6%, but in the last three days it has slowly climbed back about 1%, and now it's stuck at the low end of the past week's consolidation range, unable to go up or down. The Fear and Greed Index has dropped to 17, a reading that usually indicates extreme fear, but the price hasn't collapsed accordingly, indicating that the bears are tired from pushing this far, and although the bulls are afraid, th

BTC 60,121 USD, ETH 1,577.34 USD, rebounding about 2.5% and 3.6% respectively in the past day, but extending to the past three days and past week, both are still down nearly 4% and 5%, with the market in a sideways consolidation near 60,000 USD. Strangely, the Fear and Greed Index is only 14, which is in the extreme fear range, usually only seen during sharp price drops. Now that prices have stabilized, sentiment is still on the floor, indicating that the market is full of spooked investors.

On the 25th, Bitcoin plummeted to $58,995, about 52% below its high from last year. As the largest cryptocurrency, Bitcoin has been struggling with the $60k mark throughout the year. In February, Bitcoin found support near $60k, then briefly rose to $67,000, followed by several months of weakness, and fell again in the first two weeks of June, breaking below the $60k threshold. Some options traders dubbed this sell-off as the "tip of the iceberg." According to Cboe LiveVol data, the iShares Bitcoin Trust ETF (IBIT) traded nearly 1.1 million options on Thursday (June 25), nearly double the aver

After five consecutive trading days of losses, on June 5, the Asian session once again triggered a sharp selloff in Bitcoin. The intraday drop surged past 12%, and the price briefly dipped to $61,397, edging toward the crucial $60,000 support level. This marked the bleakest weekly performance since November 2022, with an overall weekly decline of nearly 14% in just a week. Compared with last October’s historic peak of more than $126,000, Bitcoin’s market value has nearly been cut in half. Mainstream cryptocurrencies such as Ethereum fell in tandem—Ethereum dropped to its lowest level since Apr

Since the beginning of this year, Bitcoin has fallen more than 28%, and compared to the all-time high of over $126,000 set in early October last year, the price has been halved... According to data compiled by CoinGlass, as the "crypto winter" fully engulfs the market, the total liquidation amount in the crypto space over the past 24 hours has reached $1.2 billion.