Everyone is waiting for $BTC /USDT to break through 60K—yet the data shows we’re already trapped.
$BTC - SHORT
Trading plan: Entry: 59858.45 – 59945.75 Stop loss (SL): 60881.15 Take profit (TP1): 59167.82 Take profit (TP2): 58678.29 Take profit (TP3): 57944.01
Why set it up like this? - The 4-hour trend is bearish; the 15-minute RSI is 49.24 (neutral—no bounce signal). - With entry at 59,902 and TP1 at 59,167, the first target implies a drop of 1.2%—a tight move, not a trap. - ATR is 407, indicating relatively low volatility; this isn’t panic shorting, but a measured squeeze. - Why now? Because the 1D trend confirms bearish pressure, and a SHORT with 53% confidence is already in place—not a random guess.
Discussion: Will we reach TP2 at 58,678, or will a weekend fakeout lure us out?
Have 88% confidence to short the USDT for $BAS —but the daily chart trend shows a bullish outlook. One of us is definitely lying.
$BAS - Short
Trading plan: Entry: 0.0447383 – 0.0453417 Stop Loss (SL): 0.0534581 Take Profit 1 (TP1): 0.0387264 Take Profit 2 (TP2): 0.0345173 Take Profit 3 (TP3): 0.0282037
Why this setup? • The 15-minute RSI is at 35.12, in oversold territory, but the 4-hour structure still leans bearish. • ATR is 0.002338, meaning volatility is compressed— a breakout is imminent. • The entry zone is 0.04504, and TP1 is 0.03873; if momentum reverses, a 14% move is achievable. • Why now? The bullish 1D trend is a trap—local data shows rejection/denial at the resistance level.
Debate: Are you shorting against the daily trend, or riding the 4-hour breakdown all the way to TP2?
① Sui Group provides Bluefin with an additional 4 million Sui loan, boosting Suidefei Sui Group provides Bluefin with an additional 4 million Sui loan, boosting Suidefeng: re-examining the Sui Bluefin liquidity loan, the market backdrop, key risks, and how to respond ② Sui defends macro support as traders watch the $0.68 level Sui defends macro support; traders watch the $0.68 level: key Sui market levels, on-chain conditions, risk warnings, and what traders will focus on next. ③ Chainlink’s build plan shifts from project token allocation to direct LINK payments Chainlink build plan shifts from project token allocation to direct LINK payments: a new perspective on Chainlink payments, the market backdrop, and key factors ④ Open-source DeFi responsibility: why Washington is rewriting rules for non-custodial code A June 2026 letter and a joint comment from the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission have driven scrutiny of non-custodial DeFi code, as competing enforcement pressures challenge the protections for developers under the CLARITY Act. ⑤ PENGU price rebounds; bull market target price is $0.0130 PENGU price continues to hold a key support zone, with technical indicators showing that selling pressure is easing. While the broader trend remains bearish, a breakout above the descending resistance level could trigger fresh bullish momentum and pave the way toward the $0.013 region. ⑥ TRON’s daily active addresses hit an all-time high at 3.93 million, surpassing Solana and Ethereum TRON’s daily active addresses hit an all-time high at 3.93 million, surpassing Solana and Ethereum: revisiting TRON active addresses, the market backdrop, and key risks Billion
① The EU is paying attention to the MiCA reforms, as European lawmakers push to bring DeFi and NFTs into Brussels rules The EU wants more. European lawmakers have formally asked the European Commission to seriously study the delegation of powers… ② Solana’s funding spread sparks cross-exchange arbitrage signals Solana’s funding spread sparks cross-exchange arbitrage signals: key Solana market levels, on-chain conditions, risk warnings, and what traders are watching ③ Bitcoin faces new surrender risk, because 50,000 BTC are in losses Nearly 50k BTC lost funds have moved to exchanges, while the stress level for short-term Bitcoin holders has reached the highest point in two years. Is BTC heading toward new lows? ④ Cathie Wood adds $25.5 million to Coinbase and SpaceX stocks Cathie Wood’s ARK Invest expanded its exposure to cryptocurrencies and fintech by buying stocks worth $25.54 million in Coinbase, SpaceX, Circle, Bullish, and Robinhood. The most recent acquisitions came after recent market weakness, strengthening ARK’s long-term investment strategy in digital assets and technology ⑤ Polymarket’s $3.1 million hack puts refund promises and U.S. SEC scrutiny in conflict Polymarket lost $3.1 million. Just days earlier, the prediction market platform had promised full refunds to users… a million-dollar hack promised refunds, and the U.S. SEC is investigating the collision process. ⑥ A $223 million DAO vote could turn governance into a withdrawal button GnosisDAO’s GIP-151 passed with a 215% quorum threshold, 49 votes, with voting power weights about 2.15 times the 75,000 GNO minimum threshold. The proposal authorizes a one-time proportional redemption of the treasury, allowing GNO holders to hand over tokens in exchange for proportional shares of li BTC$SOL$BNB
Bitcoin inflows to Binance and OKX exceed 550,000 BTC, the highest since the 2023 bear market
According to CryptoQuant analyst Darkfost, after BTC retested the $60,000 level, inflows of BTC to deposit addresses on Binance and OKX surged to more than 550,000 BTC—of which Binance received over 220,000 BTC and OKX received over 330,000 BTC. This total inflow is the highest level since the 2023 bear market and is significantly above the year-to-date average levels for these two platforms.
① Encryption Audit Gaps: Why Private Keys and Phishing Losses Undermine the Smart Contract Audit Model According to a new study, 49.6% of cryptocurrency losses come from keys and phishing—more than code vulnerabilities. Here’s how audits ignore these risks and what teams now must add. ② S&P 500 Index Sector Breakdown: Why Warnings from Real-Economy Stocks Are Different from AI On June 26, the ISM Purchasing Managers Index (PMI) was 54.0. The S&P 500 Industrials Index fell 3.41%, highlighting a divergence from AI-led rebounds such as Micron’s surge in 2026. What does this divergence mean? ③ As Dormant ETH Whales Sell, Ethereum Crypto Risk Drops Further For the first time since 2017, an Ethereum wallet with an eight-year history moved coins, adding supply to a weak market. Ethereum’s trading price is slightly above $1,500 because large holders have shown dispersed positions on exchanges. Selling increases pressure, as the whales’ long-term profitability has fallen below zero. With ④ Ethereum Price Holds Key Support While the Bull Target Is the $1,850 Resistance Zone After rebounding from the recent lows, Ethereum’s price is recovering. Analysts highlighted signals from Elliott Wave and Smart Money Concepts. Although the overall trend remains cautious, holding key support and breaking through resistance could pave the way toward the $1,850 target zone. ⑤ Spot Bitcoin ETFs See Weekly Outflows of $1.79 Billion Bitcoin stays above $60,000 despite weekly outflows of $1.79 billion from U.S. spot Bitcoin ETFs—one of the largest outflows since their launch in 2024. Even as institutional investors continue to reduce risk exposure, BTC remains resilient. Market participants are closely watching ETF flows, looking for clues about Bitcoin ⑥ XRP Flashes Two Bullish Reversal Signals, Traders Watch $1.30 XRP is flashing two bullish reversal signals on the daily chart after weeks of pressure pushed the token toward the lower end of its recent range. Ali Martinez marked the XRP reversal setup, pointing to a TD Sequential buy signal on the daily chart and a Morning Star Doji candlestick pattern. Ten, $BTC$ETH$XRP
ByteDance’s Doubao Denies Internal Testing of Social Feature on June 29
According to reports from Guru Club, ByteDance’s Doubao AI assistant clarified on June 29 that it has no plans to develop social features, contrary to recent rumors. A Doubao spokesperson confirmed that the company is working on integrating with Feishu in enterprise office scenarios and plans to cooperate more closely, but reiterated that it has no plans for social features.
① What Are the Best Bitcoin Apps in the USA? A Beginner’s Guide for 2026 As cryptocurrency becomes more popular in the United States, mobile apps have become one of the most common ways for people to access digital assets. The phrase “best app to buy Bitcoin in the US” has triggered millions of searches. This is because newcomers want a platform that combines… ② The UK Softens Stablecoin Rules, but May Still Be Limiting Its Own Market The Bank of England has abandoned the industry’s most hated stablecoin plan—its £20,000 limit on how much stablecoin any one person can hold, and a £10 million cap for businesses. Instead, a new target was set in the central bank’s policy statement on June 22. ③ SecondFi Completes Refund Snapshot for Wallets Affected by the Recent Cardano Vulnerability SecondFi has completed a refund snapshot for wallets affected by the recent Cardano vulnerability: revisiting the SecondFi Cardano refund snapshot, the market backdrop, and key factors ④ Caleb & Brown Integrates Ripple Payments to Speed Up Client Fiat Settlements Caleb & Brown integrates Ripple payments to speed up client fiat settlements: revisiting Caleb Brown Ripple payments, market background, key risks, and… ⑤ DCG-Supported Yuma Launches a Fund to Provide Institutional Risk Exposure for Bittensor As an asset management firm expands its TAO products—and after recent restrictions on the Anthropic model—decentralized AI has gained momentum. New investment tools are emerging. ⑥ With Senate Adjournment Approaching, Galaxy Digital Lowers the Odds of the ‘CLARITY Act’ Passing Galaxy Digital is reducing the likelihood of the ‘CLARITY Act’ becoming law in 2026, citing a packed Senate schedule and limited public progress. With no merged bill text or debate timeline yet, July is expected to be a decisive month for crypto market-structure legislation. $BTC$ADA$BNB