This news item appears on the surface to be a scandal involving officials’ improper shareholdings, but in reality it is a microcosm of how U.S. political power is deeply intertwined with crypto wealth.
In the short term: it may create slight public-opinion pressure on MSTR’s stock price, but it is not enough to change the overall trend.
In the long term: it exposes loopholes in the U.S. regulatory system and also indirectly confirms the recognition of Bitcoin as a core asset within the top circles of the U.S. For investors, this is not just gossip fodder—it is a signal confirming that “Bitcoin has entered the core view of U.S. power.”
Today’s top gainer on the board, AIN, is staging a “AI + Web3” wealth frenzy!
Reasons for the surge: It hit the windfall spot—barriers have been broken, and capital is flooding into the AI track. Meanwhile, AIN’s focus on a “natural-language generation DApp” perfectly aligns with the “democratization of development” hot topic.
Outlook: In the short term, it’s driven by sentiment; in the long run, it depends on execution. In the near term, AIN’s momentum looks strong, but be wary of sharp pullbacks and high volatility caused by FOMO emotions.
Want to learn more about crypto market trends? Join my chat room and I’ll help you plan and execute your strategy.
Core Reason Analysis: Technical Analysis: Short-term rebound momentum is weakening; we need to hold the critical support.
Fundamental Analysis: Security vulnerabilities have triggered a trust crisis, and institutional sentiment is quite cautious.
Macro and Regulation: Grayscale has submitted a ZEC spot ETF application, and the SEC has also concluded its investigation into the Zcash Foundation, which opens up potential for long-term value.
Future Trend Prediction:
Optimistic Scenario: If ZEC can hold the $455 support and break through $480 with volume within the next week, we can expect a new round of rebound, targeting the $500-$530 area.
Pessimistic Scenario: If it breaks below $455 without strong buy support, it could dip down to the $400-$420 range.
Trading Recommendations: Short-term Traders: Focus on the $455-$480 oscillation range, sell high and buy low, and set strict stop-losses. Avoid chasing highs, as the current rebound lacks volume support, making its sustainability questionable.
Medium to Long-term Investors: Consider $455 as an important observation point. If the price stabilizes at this level and shows a strong bullish candlestick with volume, consider scaling into positions; if it continues to weaken, patiently wait for clearer bottom signals or fundamental improvements.
Want to know more about crypto market trends? Join my chat room for hands-on guidance and strategies!
$ETH is approaching a key support level, whale trades plummet
Crypto News reports: Ethereum is currently priced at $1747, nearing the historical support zone of $1600-$1700. Multiple indicators suggest that ETH is approaching a cyclical low, but large on-chain transactions are cooling off, making short-term rebound expectations fragile.
Weekly RSI nearing a low: The current RSI has dropped to the 30-40 range, close to the levels seen at cyclical bottoms in 2018 and 2022, indicating that downward momentum is weakening, but this does not mean a reversal has occurred.
Divergence signs pending confirmation: ETH may be forming a bullish divergence on the weekly RSI (price testing support while RSI does not make new lows), with selling pressure easing. However, a weekly close above the $1600-$1700 range is needed for a more solid rebound judgment.
Whale trades down over 80%: On-chain data shows that large ETH transactions have dropped from 2194 on June 5 to 294, a decline of 86.6%. The reduced frequency of large-holder operations may indicate they are waiting for direction, weakening the conviction of bottom signals, and a strong rebound still requires improved spot demand and participation from large holders.
Funding rate turns positive: The ETH futures funding rate has shifted from bearish to slightly positive, indicating some recovery in long demand, which provides some support for stabilization.
However, the improvement in funding rates is not enough to reverse the overall trend. If ETH fails to hold the $1600-$1700 range, the historical support logic will be weakened; if it reclaims a higher resistance level, the low RSI signals and divergences may then convert into clear rebound evidence.