Eurozone April unadjusted trade balance

In the last 24 hours, Bitcoin accounted for 41% of trading volumes, while Ethereum accounted for 18%. Overall, Bitcoin dominance has remained above 51%. So, it's too early to call the altcoin rally a sustainable transition. Bitcoin and Ethereum are up only 1% and 2%. TIA was the leader this year with 58%, BLUR 35%, ASTR 31% and SEI 24%. On the other hand, APT was down 36%, LUNC was down 30%, ALGO was down 27%, and BSV was down 27%. #HotTopicDiscussion# #MyFancyCreator#

Bitcoin【daily chart】 The daily chart has reached a critical position, and the potential double top mentioned on June 11 has basically taken shape. We need to wait for a K line to close below 100500. The 100500 level has supported three times; if it goes down again, this support will no longer be valid. Expectation 1: At the 100500 level, the main force does not want to defend anymore, removing the bottom support orders, which will lead to a breakdown below 100500, and then directly form a daily chart double top. Expectation 2: The main force still has goods that have not been sold out, continue to hold the 100500 rebound, sell the last batch of goods in hand, and then form a descending triangle to break down.

🌪️ The storm of unchecked judgments brews within us, fueled by ignorance and fear. Each snap judgment is a raindrop, falling into the ocean of consciousness, creating ripples that can become tsunamis of misunderstanding.

According to the latest market analysis, the market share of USDT has reached a critical historical downtrend line. Looking back at past data, whenever the market share of USDT touches this critical level, it often coincides with Bitcoin adjusting to the 350-day moving average position. This combination of technical indicators is significant: it is likely to mark the end of the current adjustment cycle, and the market is about to welcome a strong rise. It is worth noting that the recent views circulating in the market that compare the current situation with the downturns of last summer or the summer before that actually lack in-depth analysis and overly simplify historical patterns. The market is dynamically evolving, with each cycle having its unique characteristics, and simple analogies cannot accurately grasp the current market situation. Current technical indicators suggest that we may be at the starting point of a new rise. Investors should closely monitor market changes and analyze rationally rather than blindly following market sentiment.

Ethereum's price has recently significantly retraced to $2263. On-chain data analysis reveals that three important addresses have collectively sold 5,657 ETH, worth approximately $13.4 million, in the past 7 hours. It is noteworthy that all three sales occurred at a loss, with a cumulative loss of up to $1.928 million. The first address 0xb1c...a108C sold 1,440 ETH in a single transaction six hours ago after holding it for six months, at a price of $2,392, with a total value of $3.45 million. Considering that the average holding cost for this address was as high as $3,359.3, this operation resulted in a loss of $1.392 million. The second address 0x4F1...6618B sold 2716 ETH at an average price of $2301 three hours ago, with a total transaction amount of approximately $6.25 million. Interestingly, this batch of ETH was purchased by the address when Ethereum briefly touched a high of $2422.89 exactly 13 hours ago, resulting in a loss of $330,000 in just ten hours of trading. The third address 0xF89...8AEfe exhibited a long-term holding behavior, having purchased 1501 ETH for $2529.95 on June 19, 2023, and liquidated all of it 7 hours ago at an average price of $2392.75, resulting in a loss of $206,000. These three large sell-offs reflect a certain level of panic in the current market sentiment, with some holders choosing to accept losses and exit. Market observers believe that such on-chain behavior data is of significant reference value for understanding the current ETH price trend.