$MERL's recent price performance has provided a clear signal. Over the past few weeks, repeated attempts to breach $0.5 have been pushed back by selling pressure, establishing this level as a structural resistance. Each time the price approaches this high, volume increases, but the buying interest lacks continuity, and active capital appears to be more cautious. Additionally, the recent short-term pullbacks of BTC and ETH have shifted market sentiment towards a defensive stance, leaving MERL lacking the momentum to continue upward before this key resistance. On-chain data also shows that many addresses have chosen to take profits in the $0.5 range, creating a stable pressure zone that limits further price expansion. In the short term, the risks still significantly outweigh the opportunities.
Entering December, the supply-side pressure of $MERL has truly surfaced.
This month there are a total of four key unlocks, with a total of seventy million pieces entering circulation, which can almost be seen as a concentrated release period.
Even if these OTC holders may not immediately sell, the market sentiment often reacts in advance, and many traders will choose to reduce positions and defend, leading to naturally thinner active liquidity.
The psychological impact is even greater than the actual selling pressure; everyone knows that the unlock is on the way, so from price performance to market depth, one can feel the tension of 'someone is ready to sell at any moment.'
More realistically, some early OTC costs are very low, and there is still a considerable arbitrage space at the current market price. For them, a rebound is an opportunity to cash out, which also makes the selling pressure more likely to concentrate at key positions above.
For $MERL, December is a supply window that must be crossed. Whether it can withstand this largely depends on whether the market can provide enough increment to hedge against this wave of psychological and actual pressure.
In the short term, the probability of a rebound is extremely low, and the risks are significantly higher than the opportunities.
$MERL is redefining market confidence with strength.
The project team continues to inject funds to protect the market, ensuring stable asset operation and making every buyback a reality.
The strategy is transparent and efficient: a portion of the profits is used for market support, protecting investors while maintaining a healthy coin price.
Global capital is starting to pay attention, with public companies and institutional investors participating and injecting long-term confidence into the project.
Market fluctuations are inevitable, but $MERL demonstrates robust risk resistance, stabilizing during downturns and being efficient during upswings, allowing investors to hold with peace of mind and rationally allocate.
$MERL relies not on gimmicks but on actual actions and data to win market recognition.
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Affected by the Israeli airstrike on Iran, the cryptocurrency market has seen a massive sell-off, with Bitcoin dropping from $108,400 to $102,700 within 24 hours, now rebounding to $104,848, and Ethereum falling to $2,436, currently reported at $2,533.
The technical Bitcoin MACD indicator remains negative, with short-term support at $101,000; Ethereum's overbought pullback risk is significant, with support at $2,381.
In the past 24 hours, centralized exchanges saw a net inflow of 2,425.57 BTC, with Binance contributing 1,131.68 BTC, OKX adding 817.58 BTC, and Bitfinex bringing in 518.13 BTC. Additionally, a whale purchased 48,825 ETH from Coinbase and Wintermute in the past 8 hours, totaling approximately $127 million.
Bitcoin is currently priced at $109,380, with a key resistance level at $110,700. A breakout could target $112,700-$115,103. The technical analysis shows a 'golden cross' with the 50-day moving average crossing above the 30-day moving average, indicating a bullish pattern. The short-term support level is $105,075.
Ethereum is currently priced at $2,780.39, with bullish sentiment in the options market, and implied volatility exceeding 70%. It needs to break through the $2800-$3000 resistance zone to initiate a trend towards $3400.
The licensing requirements for Digital Token Service Providers (DTSP) in Singapore will officially be implemented on June 30. Unlicensed entities must cease providing services to overseas clients.
Bitcoin (BTC) price breaks through $107,000, with the U.S. spot Bitcoin ETF holdings exceeding 1.184 million BTC, accounting for 5.96% of the total BTC supply. Institutions continue to increase their holdings, and exchange Bitcoin balances have dropped to 2.09 million BTC, a historic low, shifting the market towards a coin hoarding mode.
The global interest rate cut cycle supports Bitcoin's anti-inflation demand, with multiple U.S. states advancing Bitcoin reserve legislation, and corporate hoarding forming buying support.
Newly appointed Federal Reserve Vice Chair Michelle Bowman advocates for easing the capital requirement ratio for banks holding crypto assets, which may accelerate Wall Street's layout in crypto custody business. However, policy loosening comes with operational risks.
BTC fell below $101,000 but has now recovered to $103,876; ETH fell below $2,400 but has now recovered to $2,479. The market fear index has dropped to 45 (from 57 the previous day), with capital inflows slowing and institutional enthusiasm for buying cooling.
In the last 24 hours, global liquidations reached $980 million, with BTC and ETH accounting for $341 million and $285 million, respectively. Altcoins fell simultaneously, with the L2 sector down 5.89%. Traders are betting on bullish ETH options, expecting a breakout above $3,400 by the end of June, but technical analysis shows a 'death cross' on the daily chart, indicating short-term risks remain.
TRUMP coin plunged 12% due to the Trump family's lawsuit, and the public feud between Musk and Trump intensified market sentiment volatility.
Things in the cryptocurrency circle as of June 2025
Current Bitcoin price: $105,358, volatility range: $104,500 - $107,000. If it successfully holds above the resistance level of $105,500 (turning into new support), technical indicators show a 4-hour MACD golden cross, RSI neutral (55). Bollinger Bands upper band $108,000 (resistance), lower band $104,000 (support).
Current Ethereum price: $2,612.2, strong performance, breaking the $2,600 resistance, ETH/BTC exchange rate rises to 0.025 (signs of capital inflow, technical indicators show a 4-hour MACD golden cross, RSI slightly strong (65), resistance level $2,700, support level $2,600.
$PORT3 contract will be listed on Binance Futures on June 4 at 16:45, with a maximum leverage of 50x. This is not a pace that ordinary projects can follow. From opening the Alpha to the contract channel being opened, it took only half a month. The liquidity is hot, the community is excited, and the South Korean market is buzzing; all this has not truly exploded yet. 📈 Forward this message to friends who haven't joined yet—once it starts, it will be too late. 🚩 The Binance announcement link is as follows: https://www.binance.com/en/support/announcement/detail/85203b0d244841839bd77d3fc829d02e
Bitcoin (BTC) is currently priced at $104,039, with ETF daily net inflows dropping to zero, Grayscale's GBTC continuing to see outflows, while BlackRock's IBIT has seen an inflow of 3,636 BTC against the trend.
Ethereum (ETH) is currently priced at $2,492, with the ETH/BTC exchange rate hitting a new low for the year at 0.0238, ETF net inflows at $70.2 million, and BlackRock's BUIDL fund growing to $3.02 billion, with 95% allocated to the ETH ecosystem.
The Trump administration is promoting a 'digital gold strategy,' while Texas has passed a $50 billion Bitcoin reserve bill.
FTX has begun distributing $5 billion through Bitgo and Kraken over a three-day period, with creditors possibly re-entering the market or completely exiting, and due to rapid fund inflows into wallets, volatility may arise.
Today, let's talk about $PORT3 again. The reason I've been mentioning $PORT3 frequently lately is that I've been using it to accumulate Binance Alpha points, and it's truly useful.
The advantages of using $PORT3 for point accumulation are low loss and stability. Using BNB to accumulate $PORT3, the project team has set the PORT3 / WBNB transaction fee to one ten-thousandth! Generally, only stablecoins or mainstream coins have such low fees. Currently, using 1 BNB results in a loss of less than 0.2 USD.
Speaking of $PORT3's strength, it is quite solid. After three years of deep cultivation and accumulation, it has gathered dynamic data from over 6 million users and 7,000 projects, covering more than 10 million crypto users, building the largest AI-friendly social data network in the Web3 ecosystem.
This makes $PORT3 a leading AI-friendly social data provider in the Web3 ecosystem, an indispensable "data fuel repository" for future AI applications.
Currently, exchanges like Bybit, Gate, and MEXC have already launched it. Given the project's strength, after Alpha, the next step will be Binance's spot/contract trading. Recently, there have been frequent reports about $PORT3 from South Korea, so it might just take off directly.
Bitcoin has fallen from a high of $110,000, reaching a low of $104,600 within 24 hours (a drop of over 5%). Ethereum has dropped to $2,557, with over 200,000 liquidations across the network in 24 hours, totaling $330 million in liquidated positions. Long positions account for 97%. Bitfinex analysis points out that short-term holders have recently made $11.4 billion in profits, exacerbating selling pressure during the correction, but structural demand in the long term (such as ETF fund inflows) continues to support the market.
Hester Peirce, head of the SEC's cryptocurrency working group, emphasized at the Bitcoin 2025 conference: Investors must bear their own risks and should not seek government bailouts when incurring losses; Meme coins are purely speculative and the SEC has explicitly excluded them from regulatory oversight.
The price of Bitcoin is fluctuating in the range of $107,000 to $110,000, with a 24-hour decline of 0.857%. The key support level is $106,000 (if breached, it could trigger the liquidation of $6 billion in long positions).
ETH: Current price is 2,755.02 USDT, with a 24-hour increase of 4.274%. It has broken through an ascending triangle pattern, and if it can hold above $2,720, it may accelerate upward.
In the past 24 hours, there have been liquidations totaling $568 million across the network, primarily triggered by Bitcoin breaching the $108,000 support level, with a low of $106,712. The technical analysis shows a 'dark cloud cover' pattern, intensifying the battle between bulls and bears.
The net inflow of Bitcoin spot ETFs in the U.S. was $433.66 million in a single day (with BlackRock's IBET accounting for $482 million). Cumulatively, $3.294 billion flowed in during May, setting a new high for the year.
The trading volume of the Binance Alpha points recommended a few days ago using $PORT3 has already exceeded 200 million in the last 24 hours, which is truly gratifying.
The advantage of earning points with $PORT3 is its low consumption and stability; currently, using 1 BNB incurs a cost of less than 0.2 U.
At present, the depth of the $PORT3 pool has increased, resulting in even lower consumption than before. However, everyone must use BNB to earn points with $PORT3, as the project team has set the PORT3/WBNB transaction fee to one ten-thousandth! Typically, only stablecoins or mainstream coins would have such low fees, which is impressive.
Currently, secondary exchanges like Bybit, Gate, and MEXC have already launched $PORT3. Given the strength of the project team, after Alpha, the next step will be Binance spot and futures.
Additionally, there have been frequent reports about $PORT3 from South Korea recently, so it might just take off directly.
Looking at the K-line, $PORT3 has been lying low for a long time, and recently it has surged strongly, showing a very good overall trend. Its market value is currently low, and the next step should be a major explosion.
Moreover, compared to some other projects that only boast, $PORT3 has multiple solid products like SoQuest, Rankit, OpenBQL, etc.
Their official website also mentions the Ailience launcher, although it hasn't been emphasized yet. We can look forward to it in the future. Overall, the project team has indeed been doing practical work consistently.
OKZOO: A Wealth Opportunity for High-Potential Projects, About to Take Off!
In the wave of Web 3.0, OKZOO is rising with unprecedented momentum, becoming a focal point of attention!
Market enthusiasm continues to soar! During the Binance Wallet TGE event, OKZOO achieved an astonishing oversubscription of up to 282 times, thanks to its unique charm and limitless potential, a figure that undoubtedly proves the market's high expectations and pursuit of it. Moreover, OKZOO has proudly launched on the Binance contract platform.
In terms of user growth, OKZOO has attracted 12 million ecosystem users at an astonishing speed. This massive user base is the best testament to the project’s execution power and market appeal, laying a solid foundation for OKZOO's continuous development, with a promising future ahead.
OKZOO's strategic partnership network is also shining brightly. Founders of Bonk and Pepe lend their strong support, backed by top industry resources; the addition of the HASHED and FPT technical teams provides a robust technical backbone and innovative thinking for the project. The collaboration of numerous industry leaders fully demonstrates the high recognition and confidence in OKZOO's future prospects within the industry, jointly forging a brilliant future for OKZOO.
The token economic model is uniquely crafted, with a total supply of $AIOT set at 1 billion, of which 29% is allocated for ecological growth incentives, and 20% is designated as game rewards to bring substantial returns to users. The project also adopts a tiered lock-up mechanism to precisely control circulation, effectively ensuring the stable growth of token value. Various reward activities are also exciting, such as "Now is the best time window, score + rewards without compromise, one investment, multiple rewards!", allowing users to easily achieve wealth appreciation.
The project development roadmap is clear and well-defined, progressing steadily. In Q2 2025, P-mini o2 will achieve mass production; in Q3, OKZOO V3 application will launch shockingly. These key milestones continuously push the project forward, creating lasting value for users and opening a new chapter in Web 3.0.
As Chief Analyst Kevin mentioned during the AMA event, combining in-depth analysis with market data, the investment potential of $AIOT is enormous, and now is undoubtedly the best time to participate.
May 27, 2025: What's Happening in the Cryptocurrency World
Bitcoin fell to $108,000 during intraday trading, dropping over 1.3%, but then rebounded to around $110,000. On-chain data shows that whale account James Wynn increased its long position to $790 million (40x leverage), but currently has an unrealized loss of $5.82 million. Technical analysis indicates that Bitcoin found support around $106,650, with short-term resistance at $110,000. If it breaks through, it may further test $113,000.
Bitcoin ETF saw a weekly inflow of $2.75 billion, but short-term speculative sentiment has cooled. BlackRock's IBIT holdings reached 651,600 BTC (approximately $71.3 billion).
Retail funds are rapidly shifting towards Bitcoin ETFs, while crypto hedge funds continue to underperform. Some fund strategies have failed, and returns from funding rate arbitrage and volatility strategies have declined.