Price is pressing the daily high around 0.02882 after a strong move. If bulls break and hold that level, 0.029+ could come fast. If it gets rejected, I’d watch 0.0280 first, then 0.0263 as the key pullback zone.
Not chasing here — either give me the breakout or the retest. $AIO $SKYAI
U.S. CPI Preview: Why Today’s Inflation Print Matters for Bitcoin
Today’s U.S. CPI release is likely to be the key macro catalyst for Bitcoin and broader risk assets. The market is watching whether inflation comes in below expectations, in line, or above expectations, because that will shape rate-cut expectations, Treasury yields, and dollar strength — all of which directly influence BTC price action.
Current nowcast models suggest headline CPI may print near 0.1% month-over-month, with core CPI around 0.23% month-over-month. In practical terms, a softer-than-expected number would likely support risk appetite, while a hotter print could pressure crypto in the short term.
BTC scenario map for today:
Soft CPI: BTC could push into the $65,000–$68,000 range as traders price in a more dovish macro outlook.
In-line CPI: BTC may remain range-bound between $62,000 and $65,000, with volatility fading after the initial reaction.
Hot CPI: BTC could retest $60,000–$61,000, with a deeper liquidity sweep possible if risk sentiment deteriorates quickly.
Recent market analysis also highlights nearby upside resistance around $64,821 and $68,289, while the $60,000 area remains an important support zone for short-term traders. $XRP
$ETH The Ethereum Foundation just warned that slop.computer has not launched an official X account.
Any account claiming to be the project right now is fake. The warning is direct. Impersonation scams are active.
For anyone tracking the on-chain podcast space or following new Ethereum ecosystem projects, the rule is simple.
Trust only the verified channels. If there is no official confirmation, there is no official account. A warning from an EF lead is as official as it gets.
Do not click links from unverified accounts. Do not connect your wallet to a site you found through a social media post. The project may be real, but the impersonators are already live. Stay safe. Verify first. $BEAT #Ethereum
The range from the session low of $1.92 to the high of $4.07 is over 100%.
Visible bids are only a few hundred tokens deep. Asks are similarly thin. The book is not built for size.
Slippage will be severe in both directions. Funding is modest, so there is no carry cost driving positioning. This is pure momentum trading. Support is $3.70, then $3.40. Resistance is the 24-hour high at $4.07. A break above opens $4.30. A breakdown below $3.70 signals the momentum has stalled.
This is a scalp-only environment. Longs with tight stops on pullbacks toward $3.80. Shorts only on a confirmed rejection at $4.07. Do not size large.
Sell orders dominate at 73% against 27% buy orders.
That is not a neutral market. That is distribution in progress.
The bid side is thin. Sellers are loading into strength. When a coin rallies this fast and the book flips this heavily against it, the pause is rarely consolidation. It is usually a prelude to the next leg down.
Support sits at $0.063, then $0.057. Resistance is the $0.070–$0.071 zone and the 24-hour high at $0.074. A bounce toward $0.0705–$0.0715 that stalls is the short setup. Stop above $0.073 on a 15-minute close. First target $0.063, second $0.057. A breakdown below $0.063 with volume opens the path to the $0.050 area. A long only makes sense on a confirmed hold of $0.063 with a volume spike and a tight stop below $0.062. That is a scalp, not a swing.
$LUNC ,$LUNA The Terra ecosystem split in two, and 2026 is the year their paths finally diverge.
MY team and I have been busy in the trenches researching the above scenario . This is what we got .
If you guys remember the post on stablecoins .You will understand this ..
Both tokens carry the same history, but they are building entirely different futures.
LUNC is the community's chain. No venture funding. No institutional backing. Just a grassroots rebuild. Every transaction burns supply. Staking secures the network.
Governance votes drive the roadmap. The LandRush protocol tokenizes real land parcels into NFTs.
The upcoming Market Module 2.0 aims to create a real economic loop between LUNC and USTC without the failed algorithmic minting.
$USTC itself is being repurposed for staking and RWA transactions.
This chain is no longer about a stablecoin. It is about utility built from the ashes.
LUNA 2.0 chose the opposite path. A clean slate. Institutional-grade RWA tokenization is the entire thesis.
It wants to be the Layer 1 that major financial players use to bring bonds, commodities, and real estate on-chain. The vision is ambitious.
The challenge is adoption. Early reports showed a quiet dApp ecosystem, but the infrastructure is being built. This chain is betting that a compliant, forward-looking foundation can attract the capital that the original chain lost.
Both are betting on Real-World Assets. LUNC from the ground up.
LUNA from the top down. One is a speculative revival story.
The other is an institutional bet. The market will decide which narrative carries more weight.
Which Terra holds more utility in your view — LUNC or LUNA? Drop your thoughts below.
🔥The US economy just added 172,000 jobs in May, more than double the forecast of 85,000.🔥
The strongest labor market surprise of the year just hit the tape, and the market reaction was immediate. Treasury yields surged, the dollar strengthened, equities fell, and Bitcoin slipped below $62,000.
The macro tailwind that supported Bitcoin through the first quarter has now fully reversed. A 25 basis point rate hike is priced by December. The narrative of a patient Fed waiting to cut has been replaced by a Fed that may need to tighten again. For an asset that thrives on liquidity and low opportunity costs, that is a direct headwind.
Bitcoin is now trading near $61,900, down from $83,000 in early May. The February low of $60,000 is the immediate support. This level has been defended twice this year, but each test has come with weaker macro backing. The jobs report provides the fundamental justification for a break. A clean move below $60,000 opens the path toward $45,000, a level that Monarq Asset Management's CIO flagged earlier this week under the four-year cycle framework.
The short setup remains the path of least resistance.
Bounces toward $62,800–$63,200 that stall are entries with a stop above $64,000. The first target is a retest of $60,000. A breakdown below $60,000 with volume opens the $58,000 target, then $45,000. The long side requires patience.
A daily close back above $64,500 would be the first sign of strength, but that is not the current setup. The market is heavy. The trend is down. The macro is not providing relief.
The bounce will come when the sellers are exhausted, not when the news improves. Wait for the levels. Trade the reaction. Do not front-run the break of $60,000. That level is the line in the sand. $XAU
🔥Michael Burry Just Dropped a $1 Billion Bet Against the AI Bubble. 🔥The Last Time He Was Right, the World Broke.
The man who called the 2008 mortgage collapse is now shorting the entire artificial intelligence complex. $PLTRon
$812 million against Palantir. $224 million against $NVDAon nvidia.
Over a billion dollars riding on the idea that the AI boom is not the next industrial revolution. It is the next dot-com crash.
SpaceX, OpenAI, and Anthropic are on track to raise more capital than all 300 companies that went public during the dot-com bubble of 2000 combined.
The scale of capital flowing into AI infrastructure now dwarfs the euphoria that ended with the Nasdaq down 78 percent. Burry sees the same pattern.
The crypto market should pay attention. The AI and crypto narratives have been intertwined for two years. AI tokens have been among the best performers.
AI infrastructure is the bull case for dozens of Layer 1s and decentralized compute projects.
If the AI equity bubble begins to deflate, the crypto AI sector will not be immune. It will be ground zero for the risk unwind.
Bitcoin is already at $61,000. The broader market is in a downtrend. ETF outflows continue
Burry's track record demands respect. He was early on the housing crisis, but he was right.
He was early on the 2021 meme stock mania, but he was right. He may be early now.
That does not mean he is wrong. The $1 billion short is a statement that the AI mania has reached a level of irrationality that will be corrected violently.
$BTC is likely to sweep below 60k.. on 59800 level
Bitcoin is at $61,688. The $64,000–$65,000 support zone that held for weeks is now resistance. The next magnet is the psychological level that every trader is watching: $60,000.
- Resistance sits at $64,000–$64,500. That is the former support turned ceiling. A move above $64,500 would be the first sign that the trend is weakening. Until then, bounces are for fading. - Stronger resistance is at $66,000–$67,000, where the 20-day EMA is estimated to sit. - Support below is thin. The immediate floor is $60,800–$61,200. That is the intraday low zone. Below that, $60,000 is the psychological line in the sand. A break below $60,000 opens the trapdoor to $58,000–$58,500, the March lows. The extreme bear target is $55,000–$56,000.
The most likely path is a continued grind lower. A bounce toward $62,800–$63,200 that stalls is the short entry. Stop above $64,000 on a 4-hour close. First target is $60,500. Second target is $58,800. The trend is down. The macro is heavy. ETF outflows persist. Geopolitics are unresolved. The path of least resistance is lower until it isn't.
For traders, the plan is straightforward. Bears wait for bounces to $62,800–$63,200 and short with a stop above $64,000. Dip buyers wait for a confirmed hold at $60,000 with a daily bullish reversal candle, or a clean reclaim of $64,500. The middle is noise. Patience is the edge.
The $60,000 level is the test. A breakdown with volume opens $58,000. A hold with a sharp reversal is the first signal that the selling is exhausted. Until that signal arrives, the trend is the only guide. Do not fight it. Do not front-run it. Let the market prove its hand.
What is your next move — waiting for the $60,000 test or fading the bounce to $63,000? $OPN $ZEC