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#我的Gate交易時刻
The Madness and Rebirth of 100U
That day, there was only 100U left in my cryptocurrency wallet. Watching Bitcoin’s rapid volatile candlestick chart, I took a deep breath and decided to go all-in. I opened the contract trading interface, maxed out a hundredfold leverage, and went long at the critical support level. Fate seemed to favor me at this moment, and Bitcoin immediately surged. Watching my account balance wildly fluctuate like a billing statement, my heart pounded intensely.
In just three days, 100U turned into 3,000U. After tasting the sweetness, my confidence instantly in
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LittleGodOfWealthPlutus:
2026 Charge, charge, charge ✊
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📣 Gate Live Stock Public Class Episode 3 is here!
What should you understand after buying stocks?
💰 Real-time P&L viewing
📈 Automatic cash/stock dividends
⚡ Automatic stock split/reverse split handling
Zero holding fee! Hold US stocks securely with USDT!
📅 June 24, 16:00
🔗 Book now: https://www.gate.com/zh/live/video/ff75de8d8c9e490b8790902d10d05ad9?type=live
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GateLiveChinese
📣 Gate Live Stock Public Course Episode 3 is here!
What should you know after buying stocks?
💰 Real-time profit and loss viewing
📈 Automatic cash/dividend distribution
⚡ Automatic handling of stock splits and reverse splits
Zero holding costs! Safely hold US stocks with USDT!
📅 June 24th, 4:00 PM
🔗 Reserve now: https://www.gate.com/zh/live/video/ff75de8d8c9e490b8790902d10d05ad9?type=live
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🌈 Gate Live Streaming Inspiration - June 25
Hot Topic Recommendations:
🔹 Miners' Profits in Danger! About 20% of Mining Companies Break Below Breakeven, Is There a Risk of Selling Pressure?
🔹 BTC Loses $60k Mark! ETH Drops Below $1,600, Is the Crypto Market Entering a Panic Phase?
🔹 Micron's Conference Call Sends a Super Signal! Memory Shortage Extended to 2028, Is the AI Cycle Being Rewritten?
🔹 Financial Results Explode! Micron's Revenue and Guidance Both Beat Expectations, Surges Nearly 16% After Hours Igniting Storage Rally
🔹 Storage Sector Strengthens Across the Board! US Stock Opti
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🌈 Gate Live Streaming Inspiration — June 25
Hot Topic Recommendations:
🔹 Miner Profits in Crisis! About 20% of mining companies fall below the break-even line— is there a risk of selling pressure?
🔹 BTC falls below $60,000! ETH dips below $1,600— has the crypto market entered a panic phase?
🔹 Micron’s earnings call releases a super signal! The memory shortage continues through 2028— is the AI cycle being rewritten?
🔹 Earnings report blows expectations out of the water! Micron’s revenue and guidance both exceed expectations; it surged nearly 16% after hours, igniting the storage sector
🔹 Storage sector surges across the board! US stock optical module names rise broadly after hours— MRVL up more than 5%
🔹 Japanese storage stocks go on a tear! Kioxia jumps more than 15% intraday— is capital flowing back into the hardware track?
🔹 Will prediction markets be regulated? US polls back federal unified regulation— will it change the industry landscape?
🔹 A key shift from the US Treasury Secretary! Could the AI boom boost productivity and lower inflation— is it a positive or a risk?
🔹 Strategy STRC breaks below $82 to a record low— are structural risks being exposed?
Pick any topic to go live— you’ll have a chance to be featured on the official website homepage!
🔥 More topic inspiration and tips: https://www.gate.com/help/community-center/live_chat/49345
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#广场预测世界杯赢40000U
World Cup Prediction Market Heats Up: Polymarket Trading Volume Nears US Election Levels
With the World Cup approaching, global fan enthusiasm is reaching unprecedented heights. As the USA-Canada-Mexico World Cup begins, trading activity in prediction markets for the World Cup champion is also rapidly heating up. Data shows that despite more than five weeks remaining until the final, the total trading volume across the two major global prediction market platforms has exceeded $2 billion, highly likely to set a new historical record. On the Polymarket platform, the event contra
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#广场预测世界杯赢40000U
The World Cup prediction market is booming: Polymarket trading volume approaches the U.S. election
As the World Cup approaches, global football fans' enthusiasm is unprecedentedly high. With the start of the USA-Canada-Mexico World Cup, trading activity regarding the World Cup champion on prediction markets is also rapidly increasing. Data shows that despite more than five weeks until the final, the trading volume on the two major global prediction market platforms has already exceeded $2 billion, likely breaking records. On the Polymarket platform, the trading volume of event contracts for the World Cup champion has surpassed $1.9 billion, making it the core platform for betting on this World Cup.
Among these trades, Polymarket's all-time highest trading volume was $3.69 billion during the 2024 U.S. presidential election, and trading around the World Cup champion is expected to break this record. Industry analysis indicates that as the number of participating teams increases, the total betting volume for this World Cup is projected to exceed $50 billion, a 43% increase compared to the 2022 Qatar World Cup.
Interestingly, the team with the highest trading volume is not the well-known Spain, France, or England, but Uzbekistan. This team, which has repeatedly challenged China on Asian fields, has unexpectedly become a "dark horse" in trading. Although Uzbekistan's probability of winning the World Cup is only 0.01%, its trading volume on Polymarket has already exceeded $59 million.
Behind this phenomenon lies the unique appeal of prediction markets. Unlike traditional betting forms, Polymarket allows users to buy and sell contracts at any time before the event ends, turning betting from simple outcome wagers into probability fluctuation trading. This mechanism attracts many speculators who are not only seeking opportunities but also exploiting platform liquidity rewards for arbitrage.
While Uzbekistan's high trading volume may seem surprising, closer analysis reveals that many traders have already closed their positions, indicating that their bets are not based on genuine confidence in the team but more on earning rewards from Polymarket. Such phenomena are not uncommon in investment markets, especially on emerging platforms, where speculative behavior often causes short-term market volatility.
However, Polymarket is not without controversy. The platform has faced strict scrutiny from multiple governments due to predictions related to global geopolitical conflicts. In April, a bettor was suspected of interfering with the temperature gauge at Paris Charles de Gaulle Airport, attempting to manipulate the market, raising questions about the regulation of prediction markets. U.S. prosecutors are currently investigating multiple potential insider trading cases.
Despite this, the enthusiasm for the World Cup continues to sweep through the entire betting market. Major prediction platforms are launching innovative betting projects, vying to seize this market opportunity. Polymarket's partnership with online sports media OneFootball, which allows embedding real-time odds during live matches, provides users with a more convenient betting experience.
Surprisingly, despite the prediction market boom, the ADIPredictStreet platform, which is officially partnered with FIFA, appears relatively dull. This Abu Dhabi-based platform's total trading volume related to the World Cup market is less than $100k, far behind other competitors.
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#美光财报超预期盘后大涨 Micron delivers better-than-expected earnings, AI storage stocks strengthen again
At midnight Beijing time on June 25, storage chip leader Micron Technology released its fiscal Q3 2026 (ending May 31, 2026) earnings report.
The data in this earnings report is astonishing, directly leaving market expectations behind.
After the news was released, Micron's stock price rose rapidly by over 16% in after-hours trading, also driving the entire US chip and storage sectors higher.
Single-quarter results set new records, profitability far exceeds previous years. First, the core numbers: Mic
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HighAmbition:
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#BTC BTC Technical Pattern: Currently priced at $61,079, below the pivot point PP ($61,140), with direction pending near the bull-bear dividing line. The price has broken below the 30-day Volume Point of Control POC ($63,647), indicating that the short-term volume concentration zone has shifted from support to resistance. The price is well below the 50 EMA ($68,240) and 200 SMA ($76,203), confirming a clear bearish medium-term trend. The first support S1 ($59,041) forms a resonance zone with the lower edge of the value area at $60,688, making it the most critical bullish defense line. If S1 i
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#BTC BTC Technical Formation: Current price $61,079 is below the pivot point PP ($61,140), near the bull-bear dividing line with direction pending. Price has broken below the 30-day Volume Point of Control (POC) at $63,647, indicating that the short-term volume concentration zone has shifted from support to resistance. Price is well below the 50 EMA ($68,240) and 200 SMA ($76,203), confirming a clearly bearish medium-term trend. The first support S1 ($59,041) forms a resonance zone with the lower edge of the value area at $60,688, making it the most critical bullish defense line. If S1 is broken, the next support targets S2 ($57,004). On the resistance side, R1 ($63,177) and POC ($63,647) form a strong resistance zone.
Trend Analysis
Short-term (1-5 days)
Technical: BTC is oscillating in a narrow range of $59,041-$61,140. The 4-hour RSI is in oversold territory, indicating a potential technical rebound. However, price has failed to hold above PP ($61,140), suggesting weak rebound momentum. If it falls below $60,920 (24h low), it may test S1 ($59,041).
Sentiment: The Fear & Greed Index at 12 indicates extreme fear, historically often corresponding to short-term bottom areas, but a catalyst is needed to confirm a reversal. Machi's ETH liquidation event may trigger a chain reaction; liquidation risks of other high-leverage positions need monitoring.
Event-driven: Tonight, the U.S. will release the final Q1 GDP and May PCE price index, key data affecting Fed rate cut expectations. If PCE data falls more than expected, risk assets may be boosted; if data remains resilient, selling pressure may intensify.
Medium-term Analysis (1-3 months)
Policy Window: After the Fed's June FOMC meeting, market pricing for the rate cut path has become conservative. If inflation data continues to decline, a September rate cut becomes more likely, which would be a major macro driver for a crypto market medium-term rebound.
ETF Flows: Current BTC ETFs continue to see net outflows, with institutional capital in a wait-and-see mode. A reversal in ETF flows requires clear policy signals or a confirmed price bottom. Institutional holding cost area is roughly $58,000-$62,000; current price is near this zone, potentially attracting some dip-buying.
Liquidity Expectations: Major global central banks (except Japan) remain in tightening or wait-and-see mode, with a liquidity environment unfriendly to risk assets. The Bank of Japan Governor, after illness, stated he would "raise rates again in a timely manner." If yen carry trades unwind further, it may cause short-term shocks to global risk assets (including crypto).
Long-term Analysis (6-12 months)
Macro Trends: Under the global "de-dollarization" trend, the logic of gold and Bitcoin as alternative reserve assets remains valid. The scale of tokenized commodities has surpassed $7.1 billion, with clear structural growth, providing new value anchoring for the crypto market.
Structural Changes: Bitcoin's post-halving supply shock will gradually manifest over the next 6-12 months. Historical patterns show that the 12th-18th month after halving typically sees a major uptrend. Current price is relatively low post-halving, with long-term allocation value emerging.
Re-pricing of Center: With accelerating institutionalization (e.g., MicroStrategy, ETFs), Bitcoin's volatility center may gradually shift downward, but price center will move upward. If the Fed enters a rate-cutting cycle, global liquidity easing will drive BTC re-pricing, with a long-term target range of $85,000-$100,000.
Key Nodes
Short-term: Tonight 20:30 U.S. final Q1 GDP, May PCE price index; next moves of whale Machi's ETH long positions; whether BTC can hold support S1 ($59,041)
Medium-term: July FOMC meeting (July 29-30); U.S. June CPI data (mid-July); weekly BTC ETF flow changes
Long-term: Probability changes for September FOMC rate cut; pace of major central bank policy shifts; post-halving supply tightening effects
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HighAmbition:
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#美光与Anthropic达成战略合作 On June 22nd local time, storage giant Micron and AI company Anthropic announced the signing of a strategic partnership agreement. This agreement is not just a supply contract but a deep integration, marking the shift of AI infrastructure competition from solely computing power (GPUs) to a systemic contest involving storage (memory and storage).
The collaboration mainly revolves around the following four dimensions:
· Joint architecture design: Co-develop AI memory and storage architectures, deeply optimizing key components such as HBM, DRAM, and SSDs.
· Long-term sup
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FatYa888
#美光与Anthropic达成战略合作 On June 22 local time, memory giant Micron and AI company Anthropic announced the signing of a strategic partnership agreement. This agreement is not just a supply contract but a deep integration, marking the expansion of AI infrastructure competition from solely computing power (GPUs) to a systematic contest involving storage (memory and storage).
The cooperation mainly focuses on the following four dimensions:
· Joint architecture design: Co-develop AI memory and storage architectures, deeply optimizing key components such as HBM, DRAM, and SSDs.
· Long-term supply agreement: Ensure stable supply for Anthropic’s future multi-year expansion of computing power, covering Micron’s full range of data center products.
· Enterprise AI deployment: Micron will fully deploy Anthropic’s Claude large model internally to improve efficiency in coding, engineering, manufacturing, and other areas.
· Strategic investment: Micron participated in Anthropic’s Series H funding, valued at up to $965 billion, becoming one of its strategic investors alongside Samsung, SK Hynix, and others.
💡 In-depth analysis: More than just buying and selling, it’s a “marriage”
This is not merely a simple business cooperation but a deep binding based on strategic needs:
· For Micron: Reshaping valuation from “cyclical stock” to “growth stock”: The memory chip industry has long been troubled by price cycles. Through deep integration with Anthropic, Micron not only locks in long-term demand and smooths out cyclical fluctuations but also proves its core value in the AI supply chain through a fourfold cooperation of “architecture design + supply + internal use + investment.”
· For Anthropic: Strengthening the “foundation” of computing power to ensure long-term expansion: For Anthropic, training large models heavily depends on memory bandwidth and capacity. Collaborating with Micron allows for customized and optimized storage systems based on workload, and long-term agreements ensure that computing power expansion is not constrained by supply chain issues.
· Industry trend: Storage becomes the new “lifeline” of AI: This cooperation is a landmark event, indicating that AI competition has expanded from “buying more GPUs” to building a complete, efficient infrastructure system that includes storage. AI model companies are increasingly integrating storage vendors into their core supply chains.
This partnership also comes with uncertainties: financial details (such as investment amount, agreement duration, prices, etc.) have not been disclosed; additionally, Micron’s stock price has surged significantly after the announcement, raising market expectations. If subsequent financial reports or cooperation execution fall short of expectations, there may be a risk of correction.
In summary, the collaboration between Micron and Anthropic is a well-thought-out strategic layout, signaling that in the next phase of AI, “storage capacity” will stand alongside “computing power” to jointly build the foundational infrastructure of artificial intelligence.
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ShizukaKazu:
Just charge forward 👊
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📢 The new round of red envelope rain in the Square is back—newcomers have a 100% chance to win!
Talk about the World Cup and go all out with red envelopes—up to 10U ETH in a single post!
🎁 Limited-time benefits
✅ Newcomer gift: 100% guaranteed red envelope for your first post!
✅ Posting rewards: Includes ETH, GT, Meme coins, and position experience vouchers—post more to earn more!
✅ Race to the leaderboard: Win limited World Cup gift boxes, WCTC exclusive T-shirts, and up to $1,000U!
Take action now and share your World Cup match predictions and results
👉️ https://www.gate.com/post
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GateSquare
📢 The latest round of red envelope rain in the square is here, 100% guaranteed for newcomers!
Talking about the World Cup while wildly distributing red envelopes, the top post has exploded up to 10U ETH!
🎁 Limited-time benefits
✅ Newcomer gift: First post, 100% guaranteed red envelope!
✅ Posting rewards: Includes ETH, GT, Meme coins, position experience vouchers, the more you post, the more you earn!
✅ Climb the leaderboard: Win limited edition World Cup gift boxes, WCTC exclusive T-shirts, and up to $1,000U!
Take action now, share your World Cup predictions and results
👉️ https://www.gate.com/post
Details: https://www.gate.com/announcements/article/100168
#BTC #ETH #GT
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#广场预测世界杯赢40000U
Cristiano Ronaldo regains the spotlight! Sets five major records in one night, one of which is unprecedented and perhaps will remain unmatched.
SIU! The GOAT of world football has returned! Ronaldo scored twice, helping Portugal to a 5-0 victory over Uzbekistan led by Cannavaro, securing their first win in the USA, Canada, Mexico World Cup, and temporarily climbing to the top of the group. He personally set five major records in one night, and after the match, he shouted to the fans: "I'M BACK."
In this match, Portugal's head coach Martinez made adjustments to the starting lin
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LittleGodOfWealthPlutus
#广场预测世界杯赢40000U
Cristiano Ronaldo regains the spotlight! Sets 5 major records in one night, one of which is unprecedented and perhaps will remain unmatched in the future.
SIU! The GOAT of world football is back! Ronaldo scored twice, helping Portugal to a 5-0 victory over Uzbekistan led by Cannavaro, securing their first win in the World Cup, temporarily placing them at the top of the group. He personally set 5 major records in one night, and after the match, he told fans: "I'M BACK."
In this game, Portugal's head coach Santos made adjustments to the starting lineup. Center-back Rúben Dias replaced Araujo, and Félix replaced B. Silva. Félix started instead of B. Silva, directly streamlining the wing roles. B. Silva also no longer retreated excessively, allowing the midfield to operate more smoothly.
As a result, the previous "weak point" of ineffective back passes from the last match was completely eliminated, the pace forward increased, the combination of wings and midfield became more fluid, and the attacking power was elevated to a new level.
Reasonable tactical and personnel adjustments allowed Ronaldo to return to his true form, making him one of the most threatening players in this World Cup. Therefore, scoring became a natural outcome. Just 6 minutes into the game, Cancelo assisted Ronaldo to break the deadlock early.
In the 39th minute, Portugal's midfield intercepted the ball, B. Silva dribbled forward, saw Ronaldo start, and delivered a precise through pass. Ronaldo successfully beat the offside trap, pushed the ball past the goalkeeper into the far corner, scoring his second goal of the match, setting 5 major records.
1. Scoring in 6 consecutive World Cups, the first in history (2006, 2010, 2014, 2018, 2022, 2026).
2. At 41 years and 138 days old, the oldest player to score twice in a World Cup, surpassing Messi's previous record of 38 years and 363 days. This record is unprecedented and may remain unmatched. After all, players capable of playing until 41 are rare, and those participating in the World Cup are even fewer. For a superstar like Ronaldo, competing in the World Cup at 41 is already controversial; others are even more so.
3. The second oldest goal scorer in World Cup history, only behind Uncle Mira at 42 years and 39 days.
4. Broke a 60-year-old team record, surpassing Eusébio to become Portugal's all-time top scorer in World Cup history.
5. The only player to score double digits in both the World Cup and European Championship (10 World Cup goals, 14 European Championship goals).
But one thing to note is that Uzbekistan is still a weaker team in the World Cup. Whether Ronaldo is truly back to his best still needs to be tested in a tough match. The next game against Colombia might be Ronaldo's real test.
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#广场预测世界杯赢40000U June 25th World Cup Group Stage Third Round Predictions
On June 25th, the World Cup group stage enters the third round. On this match day, the final round of the group stage will be held simultaneously. Here are the predictions for today’s scores and analysis of the situation in Groups A, B, and C:
【⚽️ Group Stage Group A Third Round】09:00 Czech vs Mexico 09:00 South Africa vs South Korea
Situation analysis: Czech needs a desperate fight but their attack is ineffective, Mexico has a high-altitude home advantage + has already secured the top spot, and with moderate rotation,
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#广场预测世界杯赢40000U June 25th World Cup Group Stage Third Round Predictions
On June 25th, the World Cup group stage enters the third round. In this round, the last matches of the group stage will be held simultaneously. Here are the predictions for today’s scores and analysis of the situations in Groups A, B, and C:
【⚽️ Group Stage Group A Third Round】09:00 Czech Republic vs Mexico 09:00 South Africa vs South Korea
Situation analysis: Czech needs to fight hard but their offense is ineffective; Mexico, playing at high altitude and having already secured the top spot, will rotate players moderately and still hold an advantage. South Korea aims to qualify as the second team in the group, with Son Heung-min leading counterattacks to restrain South Africa’s defense.
Expected qualifiers from Group A: Mexico 1st, South Korea 2nd
Score predictions: Mexico 1-2 Czech Republic; South Africa 0-2 South Korea
【⚽️ Group Stage Group B Third Round】03:00 Switzerland vs Canada 03:00 Bosnia and Herzegovina vs Qatar
Situation analysis: Switzerland and Canada both have 4 points in this group. A draw would see both advance together. Canada, playing at home, is highly motivated, but Switzerland is experienced, so both sides will play cautiously and attack carefully. Bosnia and Herzegovina and Qatar are on the brink of elimination, but both are likely to fight for third place in the group. Bosnia’s Džeko has a slight aerial advantage over Qatar’s weakened defense, but Qatar will fight with all their might for the honor of Asian teams, based on lessons learned from their second-round loss.
Expected qualifiers from Group B: Switzerland 1st, Canada 2nd (or vice versa based on goal difference)
Score predictions: Switzerland 1-1 Canada; Bosnia and Herzegovina 1-2 Qatar【⚽️ Group Stage Group C Third Round】06:00 Scotland vs Brazil 06:00 South Africa vs South Korea
Situation analysis: Scotland vs Brazil — Brazil will strive for the top spot and dominate, while Scotland will find it hard to pose a real threat; Morocco vs Haiti — Morocco needs to secure second place or chase the top spot. Haiti, a new team, lost both matches so far, but they will fight hard for honor. However, due to the gap in strength, an upset seems unlikely.
Expected qualifiers from Group C: Brazil 1st, Morocco 2nd
Score predictions: Scotland 0-2 Brazil; Morocco 2-0 Haiti
The above predictions are based on team strength, qualification situation, and home/away factors, for entertainment purposes only. Actual results may be affected by lineups, red/yellow cards, luck, etc., and do not constitute any betting or wagering advice.
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#以太坊基金会重组降本 The Foundation Retreats, Ethlabs Advances: Ethereum Celebrates the Largest Reorganization in History
On June 23, the recently questioned Ethereum ecosystem received two major news. First, several former Ethereum Foundation researchers established an independent non-profit organization, Ethlabs, which received significant funding support from major ETH holders like Bitmine, SharpLink, and others.
According to its introduction, Ethlabs’ early work will focus on key needs for large-scale institutional on-chain adoption, including faster settlement speeds, native asset issuance, cr
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#以太坊基金会重组降本 The Foundation steps back, Ethlabs moves forward: Ethereum ushers in the biggest overhaul in history
 June 23rd, the recently questioned Ethereum ecosystem received two major news. First, several former Ethereum Foundation researchers established an independent non-profit organization, Ethlabs, and received significant funding support from major ETH holders like Bitmine, SharpLink, and others.
According to its introduction, Ethlabs’ early work will focus on key needs for large-scale institutional on-chain adoption, including faster settlement speeds, native asset issuance, cross-chain transactions based on robust infrastructure, mainnet capacity expansion, and foundational research supporting ETH’s monetary properties. Soon after, the Ethereum Foundation announced the end of a months-long restructuring, laying off 54 people, about 20% of its previous staff.
This adjustment continues the “streamlining Ethereum” strategic transformation, repositioning the Ethereum Foundation as a lighter protocol governance and maintenance entity rather than a primary core builder.
In this push and pull, Ethereum is sending a clear signal: the foundation is actively ceding its position, with ecosystem organizations taking on more execution functions. Ethereum is no longer trying to be driven by a centralized non-profit to determine its route, build, promote, and adopt. This may be the most significant governance correction in over a decade. Over the past year, external criticism of Ethereum has shifted from ETH price performance to organizational efficiency, strategic expression, and ecosystem mobilization. Ethereum once appeared overly “correct,” too slow, and overly dependent on the Foundation and Vitalik’s implicit endorsement. Today’s two changes are precisely responses to these criticisms: Ethereum isn’t without direction, but is trying to change how it produces direction.
One, Ethlabs gains ecosystem support, but Vitalik is absent
The establishment of Ethlabs first signifies that the Ethereum ecosystem is developing a new organization closer to an “industrial execution layer.” Unlike traditional research institutions, Ethlabs’ goal isn’t just to propose new cryptographic directions or long-term roadmaps, but to more clearly address practical issues like institutional on-chain adoption, financial asset issuance, cross-chain transactions, mainnet capacity, and ETH’s monetary properties. Behind these issues lies Ethereum’s core anxiety over the past few years: it remains the most important smart contract network, but in real institutional adoption, on-chain finance scale, and user experience, its advantages are not as solid as market imagines. Ethereum isn’t lacking research or ideas; what it lacks is an intermediary layer to turn research into market adoption. That’s the significance of Ethlabs. On Ethlabs’ official website, many influential figures in the Ethereum ecosystem are listed as supporters, including key individuals from the Ethereum Foundation, investors from Dragonfly, Electric Capital, and others, contributors from Base, Flashbots, Uniswap, and more. Notably, Vitalik is not on this supporter list. This doesn’t necessarily mean disagreement with Ethlabs; rather, it’s more reasonable to interpret that he is intentionally avoiding giving this new organization too strong a personal endorsement or path interference. Over the years, Vitalik has been a symbol of Ethereum, proposing ideas like soul-bound tokens, DeSoc, privacy, account abstraction, and public goods funding—many forward-looking, but few have seen large-scale market adoption. The issue isn’t that these directions lack value, but that when Vitalik’s every expression is seen as “Ethereum’s next narrative,” the entire ecosystem risks falling into implicit dependence, leading to over-investment of time and resources.
This year, Vitalik has published only 2 articles on his official blog, compared to at least 15 per year previously. This change itself is intriguing. It doesn’t mean Vitalik’s influence on Ethereum is waning; rather, it’s a form of active restraint: shifting Ethereum from a “founder-driven public narrative” to a “multi-organization, multi-team, multi-stakeholder collaborative technical network.” If Ethlabs is to undertake stronger institutionalization, financialization, and execution functions, it cannot just be an extension of Vitalik’s will. It must prove it can earn ecosystem trust without the founder’s direct endorsement and respond to the market through tangible results.
Two, the new structure and positioning of the Ethereum Foundation
While Ethlabs moves forward, the Ethereum Foundation steps back. For a long time, although nominally just a non-profit supporting Ethereum, it has played multiple roles: strategic coordinator, research funder, protocol roadmap setter, and cultural hub. It neither wants to be a traditional corporate headquarters nor has it avoided functions similar to a headquarters on key issues. This structure once helped Ethereum maintain neutrality and decentralization but also caused side effects: slow decision-making, vague expression, unclear responsibility boundaries. The outside world both hopes for clearer strategies from the Foundation and criticizes its strong voice. Internally, disagreements have also been reported. The Guardian previously reported internal disputes over strategic direction, leadership adjustments, and institutional adoption, with tensions between “cypherpunk” and “pragmatic business” camps; in March 2025, the Foundation appointed Hsiao-Wei Wang and Tomasz Stańczak as co-CEOs, seen as a compromise between these cultures. But clearly, after their departures, the 2025 team restructuring failed, with core figures like Josh Stark, Trenton Van Epps, Dankrad Feist leaving, coupled with persistent low prices and growing criticism. The Foundation had to reorganize again.
Post-restructuring, the Foundation will split into clusters such as protocol layer, access layer, user layer, community layer, and institutional layer, and cut 54 staff, about 20% of its previous size. This isn’t just cost-cutting but boundary shrinking: the Foundation is repositioning itself as a lighter protocol governance and maintenance entity, not the main builder of all ecosystem directions. In fact, besides Ethlabs, several other non-profits have emerged in the past year, like Ethereum Applications Guild, The Ethereum Economic Zone, Argot Collective, contributing from application promotion, Rollup collaboration, to Solidity maintenance. “The privilege of managing Ethereum should not be monopolized but shared cautiously with those committed to building sovereign infrastructure, whether old friends or newcomers,” the Foundation clearly states in its latest post.
Three, turning “correctness” into “effectiveness”
Ethereum’s past advantages came from its developer community, DeFi liquidity, L2 ecosystem, and protocol security. But over the last two years, these advantages haven’t fully translated into ETH’s market performance. Community criticism of the Foundation is essentially “shareholder anxiety.” Paul Brody, chair of the Enterprise Ethereum Alliance, once commented that the Ethereum community behaves somewhat like ordinary shareholders, “they want returns.” Though harsh, it’s truthful. A month ago, Ryan Sean Adams, co-founder of Bankless, tweeted, “Ethereum’s future can no longer rely on the Ethereum Foundation (EF). EF is important, but Ethereum needs new institutions to fill the gap. We need an organization that genuinely wants ETH to succeed—growth in quantity—and dares to speak out and execute. EF is not that, and never will be.”
Today, Ethlabs carries the expectations of major ETH holders like Bitmine, SharpLink, and a large coin-holding community. These two companies hold over 6 million ETH combined, and their demands for Ethereum are not just about the technical roadmap but whether ETH can bring substantial returns to their shareholders. This is inherently different from the Foundation’s role. EF must maintain trustworthiness and neutrality, not directly serve ETH’s price like a listed company, nor simplify protocol governance to maximize holder interests. But organizations like Ethlabs can take on clearer market-oriented functions.
In other words, the Foundation is responsible for keeping Ethereum “correct,” while Ethlabs needs to prove Ethereum remains “effective.” Ethereum could respond to market doubts with “long-termism” in the past, but when Hyperliquid takes over derivatives narratives, Solana captures meme narratives, and Bitcoin seizes asset narratives, Ethereum must prove it’s not only the safest smart contract platform but also the most capable network for the next wave of on-chain financial expansion. Of course, this shift isn’t without risks. With Ethlabs supported by large ETH holders and institutional forces, new concerns may arise about “Ethereum centralizing from the Foundation to large holders.” Adoption by institutions might also conflict with Ethereum’s original cypherpunk spirit. But for today’s Ethereum, the bigger risk isn’t moving too fast but remaining stuck between technical correctness and organizational sluggishness.
Markets ultimately reward not just ideas or decentralization stances but networks that can maintain trustworthiness while continuously attracting capital, applications, developers, and institutions. The establishment of Ethlabs and the Foundation’s restructuring are key steps toward this direction.
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Gate Plaza Event | #TradFi交易分享挑战
Congratulations to my friend for winning! 🥰🥰🥰
Ryakpanda
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Gate Square Event New Winners Announcement | #TradFi交易分享挑战
1️⃣ TradFi CFD Coin Type Tag List Rewards: Gate WCTC T-Shirt + High-Volume Experience Voucher
discovery, Ryakpanda, Little Wealth God Plutus, CryptoSelf...
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Full list details: https://docs.google.com/spreadsheets/d/10oAy96RW3Beyf_nx-KIubHCeaXA98mKbrMMQTAHCoiY/edit?hl=zh-cn&gid=0#gid=0
Details: https://www.gate.com/announcements/article/51221
Thank you all for your active participation, stay tuned for more exciting Square activities!
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Local time June 22, SpaceX (SPCX) stock closed at $154.60, down 16.43% for the day, evaporating approximately $400 billion in market value. This is the third consecutive trading day decline for the stock, with a cumulative drop of over 23% since June 17, and a total market cap loss of more than $600 billion. SPCX's stock price not only fell below the IPO first-day closing price of $160.95 but also retreated more than 30% from the intraday high of $225.64 set on June 16. Is this plunge a short-term emotional release or a reassessment of valuation logic? Why did debt issuance become the fuse for
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Why is SpaceX down so much? SPCX drops below its IPO first-day closing price, with a $400 billion market value wiped out
On June 22 local time, SpaceX (SPCX) stock closed at $154.6, with a daily drop of 16.43%, and its market capitalization was wiped out by about $400 billion. This is the stock’s third consecutive day of decline. Since June 17, the cumulative drop has exceeded 23%, and cumulative market-cap erosion has been more than $600 billion. SPCX’s share price not only fell below the $160.95 IPO first-day closing price, but also pulled back more than 30% from the $225.64 all-time intraday high set on June 16
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#广场预测世界杯赢40000U
The Three Lions Strive to Qualify Early—My World Cup Betting Diary 🔥
Tomorrow, the Three Lions of England will face Ghana. In the first round, England defeated Croatia in a tough match, showing incredible form. For tomorrow’s game, I predict England will win big against Ghana for the following reasons:
1. Psychological advantage in a double-win situation: winning guarantees early qualification, boosting morale
After the first round of the group stage, England beat Croatia 4-2 and narrowly defeated Panama 1-0, both teams with 3 points, ranking in the top two of the group. This
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#广场预测世界杯赢40000U
The Three Lions strive to qualify early—Little Fortune's World Cup Betting Diary 🔥
Tomorrow, the Three Lions of England will face Ghana. In the first round, England defeated Croatia in a high-stakes match, showing incredible form. For tomorrow’s game, I predict England will win big against Ghana for the following reasons:
1. Psychological advantage in a win-win situation: winning secures qualification early, boosting fighting spirit
After the first round of the group stage, England beat Croatia 4-2, and Ghana narrowly defeated Panama 1-0. Both teams have 3 points and are in the top two of the group. This match directly determines the group leader— for England, as long as they beat Ghana, they can secure qualification one round early, even save energy for the knockout stage. This temptation is very real.
As the tournament’s favorite to win, the Three Lions have set securing the top spot in the group as their minimum goal from the start. Beating Croatia in the first round boosted their confidence. Facing the African dark horse Ghana, the entire team is prepared to take all three points. In contrast, Ghana also has 3 points, but their goal is more about fighting for a qualification spot. As long as they don’t lose by too much against England, they consider it a success. Their fighting spirit is on a different level.
2. The gap in on-paper strength: the fourth-ranked team in the world versus the 73rd—this is not a contest of the same level
The gap in FIFA rankings and team valuation clearly shows the difference in strength:
FIFA ranking: England is ranked 4th, Ghana is 73rd, a difference of 69 places
Total team value: England exceeds 1.5 billion euros, with key player Bellingham alone valued over 120 million euros, higher than Ghana’s entire team value
Lineup composition: England’s starting 11 are all top players from European giants, with Bellingham firmly at Real Madrid’s core, Kane as Tottenham’s all-time top scorer, Saka and Rashford as top Premier League wingers, and their entire midfield and defense are world-class; Ghana, while also featuring Premier League players like Kudus and Pulisic, lacks the depth of the English squad. Aside from a few key starters, the bench players’ quality is significantly lower.
England has already demonstrated their offensive firepower in the first round: they scored four goals against last World Cup semi-finalists Croatia, with Kane netting twice, and Bellingham and Rashford also scoring. Their multi-faceted attack gives Southgate plenty of tactical options. Ghana, despite their first win, only had 2 shots on target and converted counterattacks very inefficiently. Facing England’s top-tier defense, scoring will be very difficult.
3. Tactical restraint: Ghana’s counterattack cannot break through the Three Lions’ defense
Ghana’s strengths have always been physical confrontation and quick counterattacks: in qualifiers, they relied on fierce pressing to achieve an 8-win, 2-loss record out of 10 matches. In the first game, they relied on injury-time pressing to secure a last-minute win. Kudus and Pulisic form a tough midfield, and Inaki Williams’ speed can trouble any defense.
But this style of play is precisely what England is not afraid of.
England plays a 4-3-3 possession-based attack, with Bellingham and Rice in midfield providing both physicality and running coverage, capable of resisting Ghana’s pressing; the wing duo of Saka and Stones can both attack and defend, perfectly countering Ghana’s speed-based assaults. In the first game, England conceded two goals due to communication errors among defenders. After a week of adjustments, this issue is likely to be resolved.
More importantly, if Ghana wants to earn points, they must push forward—once they do, large gaps will open behind, giving Kane, Bellingham, and other players space for counterattacks. Kane’s linking ability and Bellingham’s late runs can turn these gaps into goals. If Ghana chooses to sit back, England will dominate possession over 70%, gradually breaking down the defense through wing play and set pieces, especially since Ruben Dias and Maguire’s aerial ability on set pieces is almost unstoppable.
4. Kane is in top form, and the Three Lions have no injury concerns
In the first game against Croatia, Kane scored twice, showing excellent form. As the captain and key player of the Three Lions, Kane is always a clutch performer. Now that he’s found his scoring touch, he will be even more effective against Ghana’s defense.
Most importantly, England currently has no injury issues; all key players are available to start. Southgate can even substitute Rashford with fresh energy to continue applying pressure when the opponents’ stamina drops. On Ghana’s side, Pulisic has been plagued by minor injuries at Arsenal, and whether he can last 90 minutes is uncertain. Once their key midfielders’ stamina drops, Ghana’s pressing intensity will decline.
In contrast, although Ghana earned three points with a stoppage-time winner, they have lost six of their last ten matches. Their defense has long been vulnerable under sustained pressure. If England scores early in the first half, Ghana will be forced to push forward, leaving gaps behind that the Three Lions can exploit. The first-half situation could become very unfavorable for Ghana.
5. History proves: England has never lost and won’t falter tomorrow
The last time these teams met was a friendly in 2011, ending 1-1. Ghana considered that a psychological advantage, but 15 years later, their trajectories have diverged completely: England has undergone a new generation transition, and their young squad has already been runner-up in the European Championship with extensive tournament experience; Ghana’s last World Cup appearance was in 2014, and most of their current players lack knockout-stage experience.
More critically, England is aiming for the championship this World Cup. They won’t allow themselves to stumble in the second group match. Facing a confident Ghana after their first win, the Three Lions will demonstrate their strength and tell their opponents: the gap between top European giants and African dark horses remains insurmountable.
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#广场预测世界杯赢40000U World Cup Score Prediction: Portugal vs Uzbekistan
Score Prediction: Portugal 3-0 Uzbekistan
Portugal's first match against Congo (Brazzaville) completed 724 passes, setting a record for the most passes in a single World Cup game in team history, yet they only managed a 1-1 draw thanks to Joao Neves' goal in the 6th minute. The issue isn't ball possession percentage, but "ineffective possession"—lack of speed in central penetration, and low-quality crosses from the wings.
In their first match against Colombia, Uzbekistan lost 1-3, but mostly managed to hold their defensive lin
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#广场预测世界杯赢40000U World Cup score prediction: Portugal vs Uzbekistan
Predicted score: Portugal 3-0 Uzbekistan
Portugal’s first match against Congo (DRC) was completed with 724 passes across the full game, setting a new single-match World Cup passing record in the team’s history, yet they only managed a 1-1 draw with a goal by João Neves in the 6th minute. The problem is not possession rate, but “ineffective possession”—there is a lack of speed in central penetration, and the quality of crosses from the wings is not high.
Uzbekistan’s first match against Colombia, despite losing 1-3, successfully held their defensive line for most of the first half until they conceded in the 40th minute. This new squad coached by Italian legend Cannavaro shows tactical discipline far beyond expectations—they are not rushing to attack, but instead exhausting their opponents through layered midfield build-up. If Portugal continues surrounding them at a slow tempo, they are very likely to repeat the mistake from the first round.
Group G currently has Colombia leading with 3 points, with Portugal and Congo (DRC) on 1 point each, and Uzbekistan on 0 points. If Portugal win, they will reach 4 points, basically locking in a place to advance; if they draw again even or suffer an upset loss, the initiative to advance will be handed over to others.
Judging by the strength gap, Portugal is ranked 5th in the world, and Uzbekistan’s probability of winning the tournament is only 0.07%, a huge difference. But the real focus is on goal difference—on the final round, Portugal will play directly against Colombia. If they have not built up enough goal-difference advantage beforehand, the last match will put them in a passive position. Therefore, Portugal not only needs to win, but also to win big. Ronaldo played the full 90 minutes in the first round but had little impact; at 41 years old, he is no longer an unsolvable finisher.
Against an opponent with weaker strength like Uzbekistan, this is his last opportunity to prove he still deserves a place in the starting lineup. The real key to breaking the deadlock lies in B费 (Bruno Fernandes) and B席 (Bernardo Silva)—the midfield anchored by the two has top-tier passing, control, and penetration ability. If they can send through balls into the channels, Leão’s left-wing explosions and Cancelo’s right-wing overlaps will tear open Uzbekistan’s defense. For Uzbekistan, Faizulayev scored the national team’s first-ever World Cup goal in the first round, and Shomurodov, as their main striker, is a counterattack threat—his pace is the only variable that Portugal’s back line (which has conceded fewer than 0.5 goals per game on average over the last 10 matches) needs to be wary of.
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#我的Gate交易时刻 Positive news everywhere but surged then plummeted! The deep market trends for Bitcoin and Ethereum on June 23: Bitcoin keeps bleeding, Ethereum's rebound is just an illusion?
On June 23, the crypto market experienced a typical pattern where good news is quickly followed by bad news: US-Iran negotiations made progress, Bitcoin spot ETF saw five weeks of continuous outflows, institutional holdings kept increasing, and multiple positive factors piled up. Bitcoin once surged past $65,500, but after the spike, there was no support, combined with sudden negative news from the US stock m
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#我的Gate交易时刻 Positive news everywhere but surged then plunged! Bitcoin and Ethereum deep market analysis on June 23: Bitcoin keeps bleeding, Ethereum’s rebound just an illusion?
On June 23, the crypto market experienced a typical pattern of good news being quickly priced in followed by a downturn: US-Iran negotiations made progress, Bitcoin spot ETF saw five weeks of continuous outflows, institutional accumulation persisted. Amid multiple bullish signals, Bitcoin once surged past $65,500, but after the spike, there was no support, combined with negative US stock news, the market quickly reversed and declined.
What’s more concerning is that Ethereum followed Bitcoin’s surge but fell even deeper, ETH/BTC exchange rate continued to decline, market funds flooded into Bitcoin, Ethereum was completely caught in a passive bleeding trend. Is this rebound and fall a short-term shakeout or the start of a new downtrend? As the massive options settlement approaches at the end of Q2, how should the next month and second half of the year be strategized? This article combines four dimensions—price action, macro news, institutional moves, and on-chain data—to comprehensively analyze the current market’s true bullish and bearish landscape.
1. Real-time market overview: All assets surged then retreated, bulls and bears in a tense tug-of-war
1. Bitcoin: Range-bound between 64,000-64,500, all gains erased by June 23, overall holding steady in a narrow 64,000-64,500 USD range. Early gains driven by US-Iran negotiations pushed briefly above 65,500 USD, hitting an intraday high. But after the positive news settled, bullish momentum quickly faded, compounded by negative US stock news, prices dropped sharply, retracing most of the gains, now at a critical support/resistance point. Due to exchange time zones and quoting mechanisms, major platforms show slight discrepancies, but overall, a slight upward trend persists.
2. Ethereum: Weak trend hard to reverse, long upper shadows indicate bulls are exhausted
Ethereum’s movement is entirely dependent on Bitcoin, but weaker overall, currently trading in the 1700-1760 USD weak zone. Last night, it surged with Bitcoin to a high of 1779 USD, then plunged sharply back to around 1724 USD, forming a long upper shadow on the daily chart, clearly signaling the end of this short-term bullish rebound.
2. Macro news analysis: Visible positives, why can’t the market rally?
Many traders are puzzled: spot ETF funds are flowing back, giants are accumulating, geopolitical risks are easing—triple bullish signals—so why can’t prices keep rising? The core reason is that short-term positive effects are being realized, but combined with sudden negative US stock news, the market is suppressed. The Fed’s hawkish stance keeps long-term pressure, creating an extreme hedge between bullish and bearish signals.
✅ The four major hard-core bullish factors supporting the market’s bottom:
- Geopolitical risk easing, inflation pressures alleviated, high-level US-Iran-Switzerland talks made substantial progress, with both sides agreeing to finalize a cooperation deal within 60 days. Iran’s oil re-enters the global supply, international oil prices hit a 16-week low. Falling oil prices directly ease global inflation, giving the Fed room to pause rate hikes, providing a breathing space for risk assets, and triggering Bitcoin’s short-term surge.
- Listed companies continue buying, rumors of major investors’ collapse are thoroughly dispelled. MicroStrategy (now Strategy) has increased holdings for three consecutive weeks, buying 520 BTC from June 15-21, costing $39.4 million. The CEO publicly clarified risks of preferred stock liquidation, dispelling panic rumors of major investors’ collapse. The company’s total Bitcoin holdings approach $57 billion, with long-term institutional confidence firm.
- Spot ETF reaches a key turning point, ending five weeks of continuous outflows. After the US stock market opened overnight, Bitcoin spot ETF saw a net inflow of $128 million in a single day, with BlackRock’s IBIT fund restarting large-scale purchases, ending five weeks of continuous outflows. Historical data shows that in mid-June, the market also saw a single-day inflow of $85.8 million, indicating institutional bottom-fishing funds have quietly entered, though the volume is still insufficient to reverse the trend.
- Ethereum ecosystem receives major positive news: addressing R&D weaknesses. Ethlabs, a nonprofit founded by a core Ethereum researcher, received full support from Ethereum’s founders, top investors, and leading ecosystem companies. Amid ongoing leadership departures and governance disputes, Ethlabs will focus on tokenization of RWA, on-chain AI ecosystems, and stablecoin development, filling Ethereum’s R&D gaps. Meanwhile, top institution Bitmine increased its ETH holdings by 52,203 ETH, approaching 5% of total supply, showing long-term confidence in Ethereum’s future value.
❌ The four major deadly bearish factors: the culprits suppressing two rebounds
- SpaceX’s $10 billion bond issuance shocks US stocks, risk assets under pressure. SpaceX announced plans to issue $20 billion in corporate bonds to fund AI infrastructure, causing its stock to plunge 16.4% in one day, while Nasdaq dropped 1.33%. As a high-risk asset, crypto is highly correlated with US stocks, which weakened along with the broader market, killing the bullish rebound.
- The Fed’s hawkish stance remains unchanged, the strong dollar cycle is ongoing. The Fed kept interest rates steady but continues hawkish signals, with expectations of rate hikes still present. The strong dollar continues to suppress all non-US risk assets. As long as the Fed doesn’t pivot to cut rates, a sustained bull market in crypto is unlikely.
- Bitcoin’s “bloodsucking” effect is at full throttle, Ethereum funds continue to flee. Current market risk sentiment heats up, funds flock to Bitcoin for safety, ETH/BTC drops to lows of 0.027. Meanwhile, Ethereum’s on-chain TVL has halved from $95 billion to $40 billion, DeFi funds are massively retreating, spot buying is scarce, and rebounds rely solely on leveraged contracts, making the market extremely fragile.
- Panic sentiment is at its peak, traders are very bearish. CoinMarketCap’s Fear & Greed Index is only 21, in extreme fear; Korea’s panic index is as low as 20. Market forecasts show only a 51.5% chance Bitcoin will hold above $64,000 today, and just 2.1% chance to stay above $68,000. Most traders are pessimistic about a short-term breakout.
3. Technical analysis
From a technical perspective, Bitcoin’s daily and 4-hour moving averages are all in a bearish alignment, with prices under the 60-day moving average, indicating a still-weak medium-term trend. However, daily RSI shows bullish divergence, and MACD’s selling pressure is waning, suggesting downside momentum has bottomed out. The likely scenario is sideways consolidation, with limited downside.
Focus on the June 26 options settlement, which involves hundreds of billions of dollars. Large derivative settlements could trigger short-term volatility, and market makers’ hedging needs may lead to a short squeeze.
Ethereum’s technicals are weaker than Bitcoin’s, with all cycle moving averages in a bearish alignment, and prices firmly below the 20-day moving average. Currently, the price is stuck near the middle Bollinger Band; a confirmed break below $1,700 could open the downside. To reverse the weakness, a volume-supported move above $1,800 is necessary.
4. Short-term + second-half outlook:
1-4 weeks: Range-bound consolidation, avoid chasing highs or selling lows
Bitcoin: Maintain between $60,000 and $67,000. Holding above $65,000 can target a rebound to $67,000; breaking below $63,000 suggests a pullback, with key support at $62,000-$60,000 for phased bottom-fishing. No major breakout or crash expected; consolidation is the main theme.
Ethereum: Weak oscillation between $1,700 and $1,800. Holding above $1,700 allows for short-term rebounds, but profits should be taken if it rises above $1,760. If volume breaks below $1,700, look for further decline toward $1,600. Remember: current rebounds are driven by leverage, not spot funds—avoid heavy long positions.
2026 Second-half market forecast
Bitcoin:
- Optimistic: Fed signals rate cuts in H2 + ETF funds continue inflow, potential rebound to $72,000-$78,000
- Pessimistic: Fed maintains tightening, market remains range-bound at $60,000-$70,000
Ethereum:
- Optimistic: Macro liquidity easing + ecosystem positive developments + ETF inflows push ETH above $2,000
- Pessimistic: Bitcoin’s bleeding continues, on-chain funds exit, ETH remains range-bound at $1,500-$1,700
All market analysis and price level judgments are based on publicly available historical data and technical surface analysis, solely for sharing market logic, not as investment advice for spot or derivatives trading.
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#我的Gate交易时刻 Morning Deep Analysis of BTC/ETH on June 23: The Battle for the Middle Bollinger Band, a Watershed Between Bulls and Bears Is Imminent
On the morning of June 23, Bitcoin and Ethereum both retreated from the upper band of the Bollinger Bands to hover near the middle band. The three Bollinger Bands' upward momentum has clearly slowed, with the upper band turning flat, and the upward channel contracting. The middle band has shifted from short-term support to a dividing line between bulls and bears. Once effectively broken below, the downward space will fully open.
1. Technical Per
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#我的Gate交易时刻 June 23 Morning BTC/ETH Deep Dive: The Battle of the Middle Bollinger Band, a Watershed Moment for Bulls and Bears
On the morning of June 23, Bitcoin and Ethereum both retreated from the upper Bollinger Band toward the middle band for consolidation. The three Bollinger bands' upward momentum has clearly slowed, with the upper band turning flat, indicating a tightening of the upward channel. The middle band has shifted from short-term support to a key dividing line between bulls and bears. Once effectively broken below, the downside space will fully open up.
1. Technical Analysis: Bollinger Bands Contracting, Momentum Fading
Bitcoin (BTC): The 64,500 USD Level as a Critical Support Line
From the daily chart, Bitcoin previously relied on the strong push from the upper Bollinger Band, but recently failed to sustain the breakout, pulling back from highs to hover near the middle band. This signals a very important message: the support role of the middle band is weakening, gradually evolving into a dividing line in the bulls and bears contest. The slope of the three Bollinger bands has significantly slowed, with the upper band showing signs of flattening, indicating the previously smooth upward channel is contracting.
According to classic technical analysis, when the price falls back from the upper band to the middle band, if the middle band is lost, the lower band becomes the next target. Currently, Bitcoin’s middle band is roughly around $64,000–$64,200. Once it is broken and confirmed, the downside space will be fully unlocked, with $63,000 or even lower becoming the main target for bears.
More notably, this correction is accompanied by gradually shrinking volume, indicating that buyers have not organized an effective counterattack at key levels. Volume contraction during declines often suggests the trend is not over, and the market is still searching for a new equilibrium.
Ethereum (ETH): Support at $1,740 Under Pressure
Ethereum’s technical pattern is highly synchronized with Bitcoin but exhibits more volatility. ETH also retreated from the upper Bollinger Band and is currently battling between $1,740 and $1,720 (near the middle band). From the ETH/BTC ratio, Ethereum has been weakening relative to Bitcoin recently, with ETH/BTC dropping to around 0.027, reflecting a trend of capital shifting from Ethereum to Bitcoin. This "blood-sucking" pattern is common during bear markets or corrections and further weakens Ethereum’s rebound momentum.
The key psychological level at $1,700 for Ethereum is under threat; once lost, the $1,680 level and even lower prices will face direct testing. Similar to Bitcoin, ETH’s Bollinger Bands are also converging into a three-band squeeze, with clear signs of momentum exhaustion.
2. Capital Flows: ETF Outflows Persist, Institutional Caution
Recent capital flows in spot crypto ETFs provide important signals of "smart money." Latest data shows that BTC and ETH ETFs experienced significant net outflows in mid-June, with daily net outflows reaching hundreds of millions of dollars at times. This ongoing institutional capital exodus reflects risk-averse behavior among large investors amid increasing macro uncertainties.
Notably, Bitcoin ETFs tend to see larger outflows than Ethereum, partly explaining why ETH/BTC remains under pressure—institutions prefer to reduce holdings of the more volatile Ethereum assets.
From the futures market, Bitcoin’s funding rate has recently turned negative, indicating rising bearish sentiment. The perpetual contract market’s long-short ratio also favors bears, with leveraged positions aligned with the overall cautious market sentiment.
3. Macro and News Sentiment: Bulls and Bears Intertwined, High Uncertainty
Federal Reserve Policy: The Rate Path Remains the Biggest Variable
The Fed’s interest rate trajectory in 2026 continues to be a core macro factor influencing the crypto market. The market generally expects the Fed to maintain a cautious rate cut pace within the year, but there are significant disagreements on the timing of policy shifts. The Fed’s rate control mechanism still operates with the "three-piece set": the Interest on Reserve Balances (IORB) as the main tool, Overnight Reverse Repurchase Agreements (ON RRP) as the rate floor, and Standing Repo Facility (SRP) as the rate ceiling. In December 2025, the FOMC removed the $500 billion daily limit on SRP, allowing banks to borrow from the Fed with unlimited government bond collateral, which has continued to inject liquidity into the system into the first half of 2026, supporting risk assets.
However, the market is more focused on whether the Fed will adjust its stance amid persistent inflation data and slowing economic growth. Any marginal change in rate expectations could trigger sharp volatility in the crypto markets.
Geopolitical Risks: Persistent Risk-Off Sentiment
Since June, global geopolitical tensions remain complex. While some regional tensions have eased, new uncertainties continue to emerge. News of the deepening crisis in Japan’s bond market and yields reaching levels not seen since 1999 have sounded alarms for global risk assets. In such an environment of high geopolitical and macro uncertainty, gold remains a favored safe haven, while the narrative of cryptocurrencies as "digital gold" has yet to be fully established. This divergence partly explains the recent decoupling of gold and Bitcoin movements.
Regulatory Developments: Long-term Positive, Short-term Neutral
The Trump administration’s promise to swiftly pass the crypto market structure bill aims to reinforce US leadership in the global crypto space. In the long run, clear legislative pathways are key to large-scale institutional inflows and will significantly improve industry policy expectations. However, regulatory benefits take time to materialize and are unlikely to provide immediate price boosts. Currently, markets focus more on ETF capital flows, on-chain data, and macro sentiment.
4. Trading Strategies: Follow the Trend, Manage Risks Strictly
Bitcoin (BTC): Currently trading between $64,500 and $64,200, Bitcoin faces a critical decision point. From both technical and capital flow perspectives, bears hold some advantage but no clear breakdown signal has yet emerged.
Short-term strategy: If the price shows signs of stagnation or weakening rebound near $64,500–$64,200, consider light short positions with stops above $64,800–$65,000. The first target is $63,000, the second is around $62,000. Emphasize that the $64,000 middle band is a watershed; a confirmed close below this level (daily close below) will fully open the downside space. Conversely, if support holds and volume rebounds, a challenge to the upper Bollinger Band could be possible.
Ethereum (ETH): With higher volatility and more extreme risk-reward profile than Bitcoin, ETH also faces the middle band test at $1,740–$1,720.
Short-term strategy: If the price faces resistance near $1,740–$1,720, consider light short positions with stops at $1,760–$1,780. The first target is $1,680, the second around $1,650. Be cautious: on-chain data shows that large wallets holding 100–1,000 ETH have recently exhibited clear selling tendencies, with the Distribution indicator rising, adding downward pressure in the short term.
Position Management and Risk Control
Regardless of long or short, managing position size is crucial in the current environment. It is recommended that individual trades do not exceed 10% of total capital, with strict stop-losses. The narrowing of Bollinger Bands often signals an impending trend change, as the market awaits a catalyst—possibly hawkish comments from Fed officials or a sudden reversal in ETF flows.
5. Conclusion: Awaiting Direction, Patience Is Key
As of the morning of June 23, Bitcoin and Ethereum are at a critical technical crossroads. The middle Bollinger Band has shifted from support to a dividing line, with the three bands converging and the upward channel tightening, signaling an imminent major directional decision.
From capital flows, ETF outflows persist and institutional caution remains; macro factors include uncertain Fed policy and geopolitical risks; technically, volume contraction and momentum exhaustion are evident. Multiple factors suggest bears currently have a slight advantage in the short term. However, crypto markets are known for high volatility and unpredictability. Any sudden news can quickly reverse sentiment. Therefore, patience, strict risk management, and waiting for clear break signals may be the most rational approach at this stage. The market will not stay in turbulence forever; a trend will eventually emerge. When the Bollinger Bands open again and volume increases, a genuine trend will follow.
This article is for technical analysis and market opinion sharing only and does not constitute any investment advice.
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#我的Gate交易时刻 Countdown 2 days
If you could only keep the last post,
which transaction would you most want to share?
The one with the biggest profit?
Or the one with the biggest loss?
Many times,
what truly changes investment perception,
is not the most profitable trade,
but the one that helps us grow the fastest.
🚀 The event is ending soon
💰 Total prize pool exceeds 30,000 USDT
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Don’t miss your last chance to share your trading story.
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#我的Gate交易时刻 Countdown 2 days
If you can only leave one piece of content,
Which transaction would you most like to share?
The one with the biggest profit?
Or the one with the biggest loss?
Many times,
What truly changes your investment mindset,
Is not the most profitable trade,
But the one that helps us grow the fastest.
🚀 The event is ending soon
💰 Total prize pool exceeds 30,000 USDT
🏆 The highest individual reward is 1,000 USDT
🎁 X Platform and Gate Square double prize pools are open simultaneously
Don’t miss your last chance to participate with your trading story.
Details: https://www.gate.com/zh/announcements/article/51617
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#广场预测世界杯赢40000U
Having won two World Cups in a row, is Cape Verde guaranteed to qualify?
Today’s schedule is about to be overcrowded again. If Iran’s draw with Belgium made everyone shiver from the cold wind, then Cape Verde’s draw with Uruguay once again made everyone exclaim in disbelief! But if you watched the game, Cape Verde didn’t “play safe” to get a victory; instead, they engaged in an attacking battle with Uruguay. If you believe Uruguay’s draw was due to pressure, most people wouldn’t have much disagreement. After two rounds, although Cape Verde and Uruguay both have 2 points and a
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#广场预测世界杯赢40000U
Two consecutive World Cup championships, Cape Verde's qualification is secure?
Today, the TV schedule is again packed, and if Iran drew with Belgium, making everyone sigh at the cold wind blowing, then Cape Verde's draw with Uruguay once again made everyone shout in amazement! But if you watched the game, Cape Verde didn't "play safe" to get a win; instead, they engaged in an attacking battle with Uruguay. If you believe Uruguay was the one to draw with Cape Verde, most people wouldn't have much disagreement. After two rounds, although Cape Verde and Uruguay both have 2 points and are tied for second in the group, considering that in the final round Spain will face Uruguay head-on, and Spain's form is currently unstable, they will definitely give their all, so Uruguay's chances of winning are not high. If Spain wins, Uruguay's points stay at 2; if they draw, Uruguay will have 3 points. On Cape Verde's side, in the last match they face possibly the weakest team in the group, Saudi Arabia. If they win, they will have 5 points; if they draw, they will have 3 points. The difficulty for Cape Verde to earn points in the final round is clearly less than Uruguay's. Cape Verde has surprisingly become the most stable team besides Spain to qualify from Group H, making everyone re-evaluate this team:
1. Tactical System: Búbista’s Six Years of Refinement
Cape Verde’s head coach Búbista, a former national team defender, took over in 2020 and has spent six years developing a tactical DNA centered on "hard to beat." This is not a last-minute effort but a carefully planned long-term project.
🛡️ Against Spain: A textbook "Coffin Defense"
Facing Spain with 74% possession and 27 shots, Cape Verde set up a 5-defender + double defensive midfielder low block formation, with all players retreating and packed in front of the penalty area. The data speaks for itself:
46 clearances, 15 interceptions, 18 tackles, only 1 foul committed throughout the game.
Spain’s 801 passes were almost all in the midfield and backline, with only 3 direct passes into the penalty area, and their expected goals in the first half was a mere 0.07. Cape Verde used extreme discipline to turn the world champion’s possession and control into "ineffective internal competition." Spain’s forward Oyarzabal had 0 touches in the first 30 minutes, setting a World Cup record since 1966 for the most embarrassing debut—thanks to Cape Verde’s tactical execution.
More importantly, Búbista’s team runs over 108 kilometers per game. Every player compensates for talent gaps with tireless running, tearing apart opponents’ rhythm with relentless effort.
⚔️ Against Uruguay: Tactical Flexibility with Both Defense and Attack
If playing Spain was purely defensive, then facing Uruguay proved Cape Verde is not just parking the bus. In the 22nd minute, Kevin Pina scored a world-class long shot, his first goal in World Cup history! Falling behind, they didn't collapse; in the 61st minute, substitute Elio Varela capitalized on a goalkeeper’s mistake to calmly score, making it 2-2 and fighting back stubbornly.
After halftime, Búbista decisively adjusted tactics, with substitutions that were nothing short of brilliant. What does this show? This team has tactical flexibility—able to defend and also to steal opportunities.
2. Core Players: A 40-Year-Old Goalkeeper, a World Cup Legend
🧤 Wozinia—The Biggest Legend of this World Cup
Full name Josimar Wozinia, aged 40 years and 12 days, valued at only €50k, and was even unemployed before the tournament.
But this man has achieved three unprecedented feats in World Cup history:
✅ Oldest player in World Cup debut
✅ Oldest goalkeeper to keep a clean sheet in World Cup debut
✅ Seven crucial saves in a single match, 100% success rate, named the official best player of the match
In the 39th minute of the first half, he flew to punch out Oyarzabal’s close-range header; in the second half, he repeatedly saved Spain’s threatening attacks. After the game, he knelt on the ground, tears streaming down his face. Social media fans surged from 50k to 4 million, an increase of over 80 times.
He only turned professional at 25; when others at 30 have achieved fame, he was still wandering in low-level leagues in Angola, Moldova, and Cyprus. Fate didn’t give him shortcuts, but at 40, he stepped onto the World Cup stage.
⚡ Kevin Pina—The Creator of the First Goal in Team History
In the 22nd minute, his free kick directly scored, not by luck but by a combination of courage and skill. Under high pressure, daring to shoot from long range. This shot not only pierced Uruguay’s goal but also shattered everyone’s prejudice against Cape Verde. As a midfielder valued at €5 million, Pina’s role as the rhythm controller in attack and defense transition is key to this team shifting from "pure defense" to "counterattack mode."
🔄 Elio Varela—Substitute Hero
Valued at only €2.5 million, he came on in the 61st minute and seized the opportunity to calmly score. Búbista’s substitution proved that this team’s bench depth and tactical execution far exceeded expectations.
3. The Underlying Logic of Success: Not a Miracle, but a Systematic Project
Cape Verde’s breakout is no coincidence; behind it is a sophisticated "small country survival strategy":
Overseas Immigrant Naturalization Network: Due to a large number of Cape Verdeans migrating to Portugal, France, the Netherlands, the US, and other countries, the Football Association cleverly leverages this overseas diaspora network, attracting many players developed through European youth systems. Ronaldo, Nani, Vieira, Nuno Mendes—all top stars with Cape Verdean heritage. This is not a coincidence but a talent gene pool for Cape Verdean football.
Policy Benefits: The 2000 Cotounu Agreement allowed Cape Verdean players to play in the EU without occupying non-EU quotas, opening pathways for overseas careers. These players, seasoned in European leagues, became the backbone of the World Cup push upon returning home.
Six-Year Long-Term Project: Búbista’s six-year coaching tenure has built a stable system. The entire team of 11 players from 8 different national leagues can unite as one. The head coach said after the match: "Football is organization, courage, and determination."
Logistical Support: The home stadium, Praia National Sports Complex, built with Chinese aid and completed in 2014, provides top-notch training and match conditions.
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#美伊谈判第一轮结束 The US-Iran negotiations suddenly collapse! Bitcoin drops below 63k, the Federal Reserve's hawkish stance looms large, multiple negative factors bombard the market—bottom fishing or wait-and-see?
1. Market Overview: Geopolitical risks strike suddenly, both currencies face downward pressure
On June 22, the cryptocurrency market fluctuated lower under dual pressures from geopolitics and macro factors. Bitcoin continued to be under pressure during Asian trading hours, briefly breaking below the 64,000 USD mark, with a low of 63,312 USD. As of the time of writing, BTC is oscillating bet
BTC-1.54%
ETH-1.12%
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#美伊谈判第一轮结束 The US-Iran negotiations suddenly collapse! Bitcoin drops below 63k, the Federal Reserve's hawkish stance looms large, multiple negative factors bombard the market—are we bottoming out or waiting on the sidelines?
1. Market Overview: Geopolitical shocks hit suddenly, dual currencies under pressure to decline
On June 22, the cryptocurrency market oscillated lower under dual pressures from geopolitics and macro factors. Bitcoin remained under pressure during Asian trading hours, briefly breaking below the 64,000 USD mark, with a low of 63,312 USD. As of the time of writing, BTC is fluctuating between 63,600-64,100 USD, with a 24-hour decline of about 0.8%-1%. BTC has been range-bound between 63,000-65,000 USD for several days, unable to break through resistance effectively.
Ethereum's trend is even more fragile, having fallen to the cliff near 1,700 USD. ETH's lowest touched the 1,700 USD mark; as of the report, it is quoted at 1,710-1,733 USD, with a 24-hour drop of about 1.7%. Active addresses on the Ethereum network have decreased by about 50% since February 2026, reflecting a significant contraction in actual usage demand. The total crypto market cap is around 2.2 trillion USD, with the Fear & Greed Index dropping to the 21-15 range, still deep in "Fear" or even "Extreme Fear" territory. CoinMarketCap's Fear & Greed Index recorded 21, in the "Fear" zone.
2. Geopolitical Storm: US-Iran talks collapse after 80 minutes, oil surges, crypto plunges
Just after signing a peace agreement, the first round of negotiations collapsed. On June 21, local time, the US and Iran held their first talks in Bürgen, Switzerland, after signing a memorandum of understanding. However, the negotiations lasted only about 80 minutes before the Iranian delegation announced a pause and left the table. The trigger was a social media post by Trump. Trump warned on Truth Social that Iran must immediately cease its "proxy" actions in Lebanon, or the US would strike Iran again—"and it will be more forceful." Iran's response was extremely tough. Iran's Parliament Speaker, Kalibaf, responded on social media: "They better watch their words; our armed forces are ready to respond in different ways." The Iranian delegation demanded an apology from Trump and the withdrawal of Israeli troops from southern Lebanon, or they would not return to the negotiation table. Iran also explicitly stated that if the US fails to fulfill its promises, the entire memorandum faces the risk of collapse.
International oil prices surged—WTI crude oil rose by 2.7% to $77.875 per barrel at one point, Brent crude opened up 2.2%. US stock futures declined collectively, with Dow futures down 0.46%, Nasdaq futures down 0.71%. The crypto market plunged across the board. Bitcoin broke below 64,000 USD, touching a low of 63,312 USD; Ethereum fell near 1,700 USD.
This is the third "wolf coming" scenario for the US-Iran deal—previous ceasefire news in April and early June briefly boosted Bitcoin, but all gains were later given back. The market is voting with its feet: geopolitical optimism is diminishing at the margin.
3. Macro headwinds: Wosh's "Hawk Claw" looms large, 9 officials support rate hikes
Beyond geopolitics, macro pressures are more fundamental. On June 17, Kevin Wosh presided over the FOMC meeting for the first time as Fed Chair. While interest rates remained at 3.50%-3.75%, the dramatic shift in the dot plot was the real bombshell—9 officials expect at least one rate hike this year, up from zero in March. The number of officials supporting rate cuts dropped from 12 to 1. CME FedWatch shows the December rate hike probability has risen to 78%. The shift from "rate cut" to "rate hike" narrative exerts the most direct valuation pressure on liquidity-dependent crypto assets. JPMorgan also revealed another potential risk: current Bitcoin mining costs are about $78,000, while the price is only around $64,200, meaning about 20% of miners are unprofitable. Q1 listed miners sold over 32,000 BTC, exceeding the total for 2025. If prices fall further, it could trigger a wave of mining shutdowns, leading to renewed selling pressure.
4. Liquidation data: Shorts are the main victims, 54k traders liquidated
In the past 24 hours of decline, shorts have been the main victims. According to Coinglass, total liquidations in the past 24 hours amounted to approximately $903M-$82.69M. Among them, short liquidations were about $44.75M-$44.96M, long liquidations about $33.18M-$37.72M. Globally, about 54,048 traders were liquidated, with Bitcoin short liquidations around $12.16M-$12.65M, long liquidations about $63k-$4.01M; Ethereum short liquidations around $54k-$6.65M, long liquidations about $22k-$6.79M. The scale of short liquidations far exceeds longs, indicating that leveraged funds betting on further declines were forced to exit during the slight rebound. But near the 63,000 USD level, bulls and bears are still engaged in fierce battle, and the direction remains uncertain.
5. Technical analysis: 63,000 USD becomes a dividing line
Bitcoin: The 63,000 USD level is a critical threshold. The daily chart shows a complete bearish arrangement, with price below all major moving averages. The rebound since the low of 63,077 USD on June 18 is a technical correction within a downtrend, not a trend reversal. Before breaking above 64,700 USD with volume, all rebounds are treated as false signals.
Key supports: $63,000 (psychological level; a break below tests $62,000); $61,184 (if broken, liquidation of large CEX long positions could reach $903 million); $60,000 (mid-term bull-bear dividing line).
Key resistances: $64,000-$64,700 (short-term moving averages and congestion zones); $67,124 (a break above would significantly increase liquidation of large CEX short positions). The 1-hour bullish trend structure has broken; after reaching a high of 64,565, the price closed below the Bollinger middle band at 64,091, turning previous support into strong resistance. The current price is close to the lower band at 63,734, a weak support; a decisive break below could open further downside space.
Ethereum: Near the cliff at 1,700 USD
ETH is weakly oscillating around 1,700 USD, with a prevailing bearish trend. Due to low weekend liquidity, price movements are easily amplified.
Key supports: $1,700 (psychological level; a break below tests $1,680); $1,620-$1,650 (strong support zone).
Key resistances: $1,760-$1,790 (short-term resistance zone); $1,800 (must recover this level to re-establish bullish structure). ETH's RSI6 is only 25.49, indicating obvious short-term oversold conditions, but no major positive catalysts for reversal within the day. Overall, the trend remains downward.
6. Market outlook: Three variables determine the direction
Entering this week, three core variables will decide the market’s phase direction:
Variable 1: Will US-Iran negotiations restart? Iran demands an apology from Trump and Israeli troop withdrawal from southern Lebanon before returning to talks. If negotiations resume, geopolitical risk premiums will ease; if talks completely break down or escalate into military conflict, oil prices could surge further, putting more pressure on crypto markets.
Variable 2: Evolution of Fed rate hike expectations. The impact of the 9 officials supporting hikes is still being digested. If upcoming economic data reinforce rate hike expectations, crypto markets could face another round of valuation adjustments. Conversely, if data weaken expectations, markets may get a brief respite.
Variable 3: ETF capital flows. Bitcoin ETF has experienced continuous outflows for several weeks, with institutional funds still retreating. If ETF outflows slow or turn into inflows this week, it will provide important sentiment support.
7. Trading advice: High uncertainty, watch more, act less
With geopolitical and macro uncertainties stacking, short-term traders should remain extremely cautious.
BTC strategy: The 63,000 USD level is a key support in the short term. A volume breakdown below this level warrants caution for accelerated decline toward 61,184 USD or even 60,000 USD; if a rebound to 64,000-64,700 USD faces resistance, consider small short positions with strict stop-loss. Before volume breaks above 64,700 USD, all rebounds are treated as false signals.
ETH strategy: Watch the 1,700 USD support. A confirmed break below risks further decline to 1,620-1,650 USD; resistance at 1,760-1,790 USD is a good short entry zone. ETH's RSI6 is only 25.49, indicating short-term oversold conditions, but the overall trend remains bearish. For long-term investors, macro headwinds—Fed rate hike expectations, ETF outflows, geopolitical uncertainties—persist, making short-term relief unlikely. However, for those optimistic about the long-term prospects of digital assets, the region below 60,000 USD offers value for phased accumulation.
Key risk warnings:
Geopolitical volatility: US-Iran negotiations could break or restart at any time, with high uncertainty.
Fed rate hike expectations: The 78% probability of a December hike could intensify if economic data support it, adding pressure on crypto markets.
Miner selling pressure risk: 20% of miners are unprofitable; further price declines could trigger a wave of shutdowns.
Technical outlook: Daily bearish arrangement is complete; before volume breaks above 64,700 USD, the trend remains difficult to reverse.
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#特朗普Meme币涨7.9% On June 21, Trump-related meme coins (such as TRUMP, MAGATRUMP, etc.) collectively surged, mainly driven by macro geopolitical favorable factors, sector capital rotation, and social media buzz. The subsequent trend is expected to show divergence and high volatility, with short-term movements heavily influenced by sentiment and capital games, and medium to long-term trends returning to fundamentals and macro environment.
1. Factors Driving the Current Rally
1. Macro and Political Expectations: Progress in US-Iran negotiations, increased optimism about Trump’s governance, combine
MEME-5.32%
TRUMP-1.55%
BTC-1.54%
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#特朗普Meme币涨7.9% On June 21st, Trump-themed Meme coins (such as TRUMP, MAGATRUMP, etc.) collectively strengthened, mainly driven by macro geopolitical favorable factors, sector capital rotation, and social media buzz. The subsequent trend is expected to show differentiation and high volatility, with short-term influences heavily affected by sentiment and capital games, and medium to long-term returning to fundamentals and macro environment.
1. Factors Driving the Current Rally
1. Macro and Political Expectations: Progress in US-Iran negotiations, increased optimism about Trump’s governance benefits, combined with expectations of lenient regulation of the crypto industry by Trump, boosted speculative sentiment around related political Meme coins.
2. Capital Rotation Effect: Mainstream large-cap coins (BTC/ETH) are consolidating at high levels, and short-term speculators seeking high elasticity are rapidly entering low-market-cap, high-volatility Trump-themed small-cap Meme coins for quick in-and-out trading.
3. Social Media Buzz: Topics related to Trump surged in popularity on social platforms (X, etc.), triggering FOMO (Fear of Missing Out) among retail investors and prompting capital to follow the trend into the market.
2. Future Trend Forecast
1. Short-term (1-3 days): Differentiation and a sharp rise followed by a pullback
· Small-cap coins (such as MAGATRUMP, DMAGA): Large gains, high elasticity, but with concentrated chips and high control, typical of quick-in quick-out speculations. After a short-term surge, they face significant profit-taking pressure, making sharp rises followed by pullbacks or flash crashes very likely, with high risk of chasing the peak.
· Large-cap coins (such as TRUMP): As the sector sentiment anchor, if they can hold above key resistance levels (e.g., TRUMP’s $2 mark), the sector trend may continue; if they break below key support levels, short-term hype will fade, dragging down the overall sector.
2. Medium to Long-term (more than 1 month): Return to rationality and macro-led
· Meme coins lack intrinsic value support, relying solely on sentiment and capital speculation, making long-term bullish trends unlikely. As short-term hype wanes, prices will revert to rationality, constrained by the overall crypto market trend (such as BTC’s price movements) and subsequent actual policy developments related to Trump.
3. Risk Warning
High Volatility Risk: Meme coins are extremely high-risk speculative assets, with prices heavily influenced by news and capital flows, exhibiting very high volatility, unsuitable for conservative investors.
Hype Reversal Risk: The current market is mostly driven by short-term capital games. If market sentiment cools or macro conditions change, prices could fall rapidly, with a risk of zeroing out.
Exercise caution when chasing highs, participate only with idle funds, and strictly set take-profit and stop-loss levels.
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