Policy data tracking: Transaction fee revenue collected by Bitcoin miners surged in May and has reached its highest level in more than two years. The Block data shows that as of May 29, the share of miners' mining revenue coming from transaction fees reached 14.3%, the highest level since April 2021. In the past 12 months, this figure has been between 1.3% and 3.1%. Binance is discussing a proposal to allow some institutional clients to deposit trading collateral in banks rather than cryptocurrency platforms, a move that could help reduce counterparty risk. People familiar with the matter said Binance has discussed a setup with some professional clients that would allow them to use bank deposits as collateral for spot and derivatives margin trading. Switzerland-based FlowBank and Liechtenstein-based Frick Bank are considered potential intermediaries for this service.
BTC Strategy Analysis: BTC short-term 4-hour market did not accumulate and continue after yesterday's high. The intraday market is in the range of 28000-27500. The current main chart K-line 16: 00-20:00 interval K-line and 20:00-0: 00 interval K-line form a downward engulfing pattern. The three lines of the KDJ indicator are running downward, and the red entity kinetic energy column of the MACD indicator is shrinking. The short-term focus is currently on the 27500 first-line support and the BOLL middle track support. The breakout market is 26900 first-line. The daily market May 29 K-line closed as an upper pin Yin K, and the May 30 K-line is currently an upper pin Yin K. The market has not yet fallen below yesterday's low of May 29. The three lines of the KDJ indicator have turned downward, and the red hollow kinetic energy column of the MACD indicator is in large volume. Judging from the current trend of the daily line, the bullish momentum has not continued. Pay attention to the BBI moving average support below. Pay attention to the BOLL middle track support when the position is broken. Comprehensive suggestions: At present, the market is in the range of shock and repair after the rise, and the market has not fallen below the range of shock support. It is recommended to focus on low and long. BTC: 28880--29070 short, 27480--27180 long. ETH: 1976--1997 short, 1770--1750 long. The strategy is for reference only. The specific entry point shall be subject to the club's real-time order!
