U.S. June ISM Non-Manufacturing Price Index

Bitcoin(BTC) is currently at an important technical juncture. If it can break through strongly and stabilize above $109,000, it will open the way to challenge the previous high of $112,000, and may even create a new high of $115,000. However, if it fails to break through for a long time, it may pull back to $105,000 to seek support. Ethereum ( ETH ) has shown relatively weak performance, mainly following the BTC trend. If BTC can break through and hold, ETH may attempt to challenge the resistance level of $2,800. For trading strategies, consider shorting in the range of BTC 108,500-109,000, with a stop loss set at 109,500 and a take profit target of 105,000. For ETH, it is recommended to wait for BTC to confirm a breakout before considering going long, with a target price around 2,800. In terms of other cryptocurrencies, strong-performing coins such as SEI, ARB, and SXT may present spot trading opportunities. The market is constantly changing, and investors should act with caution and manage risks properly. The above analysis is for reference only and does not constitute investment advice. Everyone should make informed decisions based on their own risk tolerance and investment goals.

BTC is currently at a key resistance level. If it can break through and hold above 109000 with higher trade volumes, it is expected to challenge the previous high resistance level of 112000, and possibly break through to a new high of 115000. If it cannot break through for an extended period, it may retrace to the support of 105000. ETH's movement is relatively weak, currently still following BTC. If BTC breaks out with higher trade volumes and holds above the previous high, ETH is expected to challenge the 2800 resistance level. Operation idea: Short at the BTC 108500-109000 level, stop loss at 109500, take profit at 105000. Consider chasing long positions only after ETH and BTC break and hold above, with a target around 2800. In terms of altcoins, pay attention to strong coins such as SEI, ARB, and SXT for spot opportunities. Investing involves risks, and the above views do not constitute financial advice!

On June 24th, Grayscale announced the launch of a significant statement, announcing the launch of Space and Time (SXT) trust accomplice, providing a direct channel for eligible investors to invest in SXT. This move has attracted widespread attention in the industry, reflecting the increasing confidence of institutional investors in Web3 data infrastructure. Space and Time is a decentralized data platform, backed by Microsoft M12. The platform aims to combine the reliability of blockchain with enterprise-level data processing capabilities, with the goal of supporting areas such as artificial intelligence, decentralized finance, and smart contracts. After its mainnet went live in May, the price of SXT saw a significant increase, rising by over 15% to reach $0.075. Grayscale's launch of the SXT trust accomplice not only provides investors with new investment options but also demonstrates the traditional financial institutions' recognition of Web3 technology. The asset under management (AUM) of the trust accomplice has reportedly reached $13.36 million, further confirming the market's confidence in the Space and Time project. With the continuous development of Web3 technology, the importance of data processing and management in the blockchain ecosystem is becoming increasingly prominent. Space and Time, as a project focusing on data infrastructure, has attracted much attention for its future development. However, investors should also fully understand the high-risk nature of the cryptocurrency market while focusing on potential opportunities. This event not only represents a new investment opportunity, but also an important signal of Web3 technology gradually moving towards the mainstream. With more traditional financial institutions and tech giants starting to participate in Web3 projects, we can anticipate that the integration of blockchain technology with existing data processing systems will accelerate, potentially bringing forth more innovative applications and business models.

$SXT /USDT – Bearish Setup Unfolding! 💥 🔥 Short Trade Setup: • Entry Zone: $0.0735 – $0.0745 • Target 1: $0.0718 • Target 2: $0.0700 • Target 3: $0.0682 • Stop Loss: $0.0756 ❌ #SXT $SXT

Good morning, crypto enthusiasts! The recent cryptocurrency market has been quite volatile. Bitcoin (BTC) has been directly affected by news, resulting in dramatic price fluctuations. Ethereum (ETH) has also started a strong rebound, raising expectations for how far it can go. Surprisingly, Solana (SOL) has become one of the main forces in this rebound. The price soared from $128 last night to nearly $148, which is truly astonishing. In terms of corporate dynamics, OKX seems to be planning to return to the US market and may go public on the US stock market. Meanwhile, Grayscale has registered the Space and Time (SXT) trust in Delaware, sparking various speculations in the market. On the global political stage, the US airstrikes on Iran have triggered a chain reaction. Reports indicate that Iran has agreed to the ceasefire agreement proposed by the US with Israel. This news may ease tensions in the Middle East. At the macroeconomic level, Federal Reserve official Goolsbee stated that if tariffs do not lead to high inflation, they will consider restoring interest rate cuts. This statement undoubtedly injected a dose of confidence into the market. Meanwhile, Texas has signed a bill to establish a Bitcoin reserve, planning to purchase $10 million worth of Bitcoin, further highlighting the mainstreaming trend of encryption. It is worth noting that the Federal Reserve has also made positive changes in its policies regarding encryption, removing the "reputational risk" in bank reviews, which could bring more opportunities for the encryption industry. The volatility of the cryptocurrency market remains high, and investors need to stay vigilant and operate cautiously. Remember, only by risking a little to gain a lot can one survive in this market in the long run. Let's continue to pay attention to market trends and look forward to more positive developments.