“Stepped past the icy winter,” but there’s still “a scorching midsummer”|June 2026 market summary and outlook report
$BTC It’s been a long time since I wrote an article, and the frequency of posting has also decreased The reason is that some time ago, I went short from 76K and then managed to get the closing average price at 63K afterward There’s some lingering fear—this feeling is hard to describe. I’m extremely afraid!!! I need to force myself to calm down Then I intentionally reduced the number of posts and browsing, took about a week off, restarted trading, and focused only on trading Looking back, here’s the analysis of why I didn’t post in advance 👇 All things considered, it’s still quite accurate 🤣 Analysis from the morning of Monday, June 22 🤣 First, let me briefly share my views on my understanding of the market
260209|Reflections on Trading in the Crypto Circle in the First Quarter After Transitioning from Advertising
As someone from the original advertising and media industry, I entered the circle on November 18, 2025, to brush up on alpha airdrops, bought spot at 106,000, and then sold at 116,000 in a muddled way (at that time I had no understanding and didn't realize that 126,000 was actually the peak of this bull market). Just like Pandora's box, I tried the contract independently again. Fortunately, my math is not bad, and I've played a lot of Texas Hold'em, so I have a strong awareness of risk management and position management, including trading frequency (the entry rate in Texas Hold'em). At first, I only opened full positions at 2x, then made some small profits, and then moved to 5x, 10x, 50x. Of course, I didn't go all in later, and I was afraid of losing a lot of money, so I set stop losses. I have never been liquidated on a contract, which is still quite lucky; I didn't encounter a black swan event when opening positions.
$BTC The Fed will hike rates in September? My view: the probability is less than 20%... At Jackson Hole, Powell said, “Inflation work is not yet done.” The market immediately priced in rate-hike expectations. Many people equate hawkish remarks directly with a rate hike. Words are free; actions come with a cost...
In the July jobs report, payrolls fell by 23k and the data was revised down by another 7.9k—employment turned negative. I checked with AI: historically, the Fed has never hiked rates after payrolls turned negative. Now a rate hike is almost economic suicide.
Core PCE is still at 3.3%, above target, but the trend has been steadily down—not surging again. Plus the inflation framework reform led by Powell hasn’t been implemented yet. They won’t use inflation as a reason to hike—it's essentially denying their own reform.
The 30-year U.S. Treasury yield is 5.2%. Previously, once it reached this level, it triggered financial panic. Another rate hike—would we get another economic crisis?
Powell is a Trump nominee. During the election cycle, if a September rate hike wrecks the economy, it will deal a direct blow to the election. That’s why... I really think the probability of a rate hike is low. At worst, rates will be kept unchanged.
It’s just that, from the K-line chart, the market is still pricing a rate hike. In essence: 1) Selectively interpreting speeches—only focusing on the hawkish line. 2) Trading the sentiment narrative—ignoring hard data, like the payrolls turning negative and consumer confidence collapsing. 3) Powell’s hawkishness is more tactical theater: he’s newly in office. By delivering tough remarks, he builds anti-inflation credibility at the lowest cost. Hawk on the mouth, but actions can be stand pat. Sentiment can flip overnight.
Next, focus on two key dates: 1) The nonfarm payrolls data on September 4—if nonfarm payrolls are < forecast 5.8k, it’s positive; > forecast, it’s negative. If it just matches expectations, the impact is temporary and limited. 2) The FOMC meeting in the early hours of September 17—at worst, they keep rates unchanged; they won’t hike. I think the latest is a rate cut in December.
So I think the key question now shouldn’t be whether to hike, but when the rate-cut window will open.
BTB投研-中南
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$BTC I analyzed it in reverse: if rates are going to be cut in September, then perhaps it’s inevitable that in August there will suddenly be a turning point where price spikes upward. The top-side consolidation from the prior week is very normal—just a supply-and-demand transition.
For those who didn’t get on the train, they’ll feel anxious and will either chase the entry or add some positions. The trapped holders from around 80,000 should also take the opportunity to reduce exposure. When emotions kick in, ETFs will also get slammed—so it’s basically FOMO. Those who missed out should consider going short, so each time it sets a new high, it’s like they’re pressing shorts again—one after another hitting new highs.
The remarks by Jack Horwell (at the 828 Jackson Hole—Washington) were actually within expectations. The only thing I didn’t expect was that it didn’t even manage to make a second new high and then fall immediately. Instead, during the speech there was a “heaven-and-earth needle”—that needle occurred right in the middle of the consolidation range. That’s playing the game! The entry price was wrong—both bulls and bears are idiots!
And my current view is: we’re already at a point very close to a somewhat larger pullback. Compared with the node on the chart I sent to AiJiao, there are slight changes.
The most annoying move would be: next week might first push to a new high, and then sell off. The target is to break directly through 755, with the sell-off potentially down to the 738–743 range.
The next round of上涨 needs to build up momentum. The selling pressure from those at a level above 80,000 has mostly already been digested. And the new upward catalyst may come from genuine expectations of rate cuts.
Earlier, the GDP 1.5 data came in shockingly weak, and the 8/28 employment data (Nonfarm Payrolls) was revised down—both of that actually laid the groundwork that the economy is bad and that a rate cut is needed. But the only thing missing is that the inflation target talked about by the Fed hasn’t been met. On 8/28, the market equated the so-called hawkish remarks with “rate hikes,” but I don’t think there’s a realistic chance of rate hikes. If there were rate hikes before or around the midterm elections, wouldn’t that blow everything up?
So my “hot take” conclusion is: If next week or before the September FOMC, there’s some inexplicable pump or some inexplicable dump—once it reaches key levels, just trade against the move like you’ve got the right read 😂 Futures contracts can be traded that way; for spot, a pullback is actually an opportunity.
Key Takeaways: It’s all just eggs, though 🌚 Say some eggs! Hahaha
Crypto-爱币斯坦
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The Hidden Calculations and Crisis Behind Sun Ge’s Little Essay
Walking along today with a mind full of thoughts, I suddenly felt that Jing Tian seemed so familiar. It turned out she’s the actress from Skull Island and The Great Wall, and that sparked my interest, because I’ve watched both of these movies.
When it comes to Sun Ge and Jing Tian seeking to recover a 30 million yuan bride price, many people only see the gossip and fail to understand the real calculations behind this sprawling ten-thousand-word mini-essay. Let me start with the conclusion: Sun Ge is afraid that if the funds are tight, making everything real will cause capital to pull out—his TRX won’t be secure. He’ll fall from the altar. He needs both the money and to harvest attention, while also keeping his own funds stable. So he arranged the whole play himself. Morality is nowhere to be found—you can have Sun Ge’s life, but you can’t have his money!
$BTC I analyzed it in reverse: if rates are going to be cut in September, then perhaps it’s inevitable that in August there will suddenly be a turning point where price spikes upward. The top-side consolidation from the prior week is very normal—just a supply-and-demand transition.
For those who didn’t get on the train, they’ll feel anxious and will either chase the entry or add some positions. The trapped holders from around 80,000 should also take the opportunity to reduce exposure. When emotions kick in, ETFs will also get slammed—so it’s basically FOMO. Those who missed out should consider going short, so each time it sets a new high, it’s like they’re pressing shorts again—one after another hitting new highs.
The remarks by Jack Horwell (at the 828 Jackson Hole—Washington) were actually within expectations. The only thing I didn’t expect was that it didn’t even manage to make a second new high and then fall immediately. Instead, during the speech there was a “heaven-and-earth needle”—that needle occurred right in the middle of the consolidation range. That’s playing the game! The entry price was wrong—both bulls and bears are idiots!
And my current view is: we’re already at a point very close to a somewhat larger pullback. Compared with the node on the chart I sent to AiJiao, there are slight changes.
The most annoying move would be: next week might first push to a new high, and then sell off. The target is to break directly through 755, with the sell-off potentially down to the 738–743 range.
The next round of上涨 needs to build up momentum. The selling pressure from those at a level above 80,000 has mostly already been digested. And the new upward catalyst may come from genuine expectations of rate cuts.
Earlier, the GDP 1.5 data came in shockingly weak, and the 8/28 employment data (Nonfarm Payrolls) was revised down—both of that actually laid the groundwork that the economy is bad and that a rate cut is needed. But the only thing missing is that the inflation target talked about by the Fed hasn’t been met. On 8/28, the market equated the so-called hawkish remarks with “rate hikes,” but I don’t think there’s a realistic chance of rate hikes. If there were rate hikes before or around the midterm elections, wouldn’t that blow everything up?
So my “hot take” conclusion is: If next week or before the September FOMC, there’s some inexplicable pump or some inexplicable dump—once it reaches key levels, just trade against the move like you’ve got the right read 😂 Futures contracts can be traded that way; for spot, a pullback is actually an opportunity.
Crypto-爱币斯坦
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@BTB投研-中南 also send me a forecast of the trend again, so I can see where your prediction is wrong and point it out to him.
To be honest, I can’t see where it’s wrong. In any case, my conclusion is that the pullback should be completed at the end of September or early October, and then we start charging into the second wave. The key is, I somehow forgot how I derived this conclusion. My intelligence is not enough.
You guys look over this breakdown—what other problems are there?
Reviewing everything up to now—if it’s over, I don’t want to write it anymore. Today I’ll just relax and rest properly. The main problem is one thing: my mindset went wrong, which caused execution to go wrong, which then affected my mindset again, and round and round. The funniest part is that I somehow managed to operate the trade the wrong way and lost a few hundred in oil for trading fees. Adding a rule like maximum drawdown—stop trading after it reaches a certain level—would solve it.
Tonight at 9pm there will be a live stream. I haven’t prepared content, and I want to give myself a day off. The live stream will still analyze the market, answer everyone’s questions, and share some takeaways and experience. The lessons to cover are things I’ve already discussed in past streams—you can listen to the replays.
The market is still trending downward. For the big cake (BTC), I can see the rebound levels at 636 and 644. Let’s see when this month I’ll be able to catch a time when BTC is back in the 50s.
Yesterday, Junhong said he went to sing. (He hadn’t joined BTB research and trading yet when he first started interacting with us; since then he’s made tens of thousands—staying in Chongqing for 2 weeks, he probably made around 2,000 “oil.” I’ve always insisted that his wife should make money and withdraw it.) It was the day before yesterday or yesterday—I can’t remember. It should have been profitable. We had said so, but I made a mistake yesterday: I entered a long position late at night, and I had to watch the chart, so I didn’t go. It moved up, and I made some profit before I closed out. Today I’ll go sing. Only Zhongnan is free, so when I asked him, he said the team is streaming the Debris-style race for Zhang Xueji’s rider. We’ll finish in the evening; we’ll meet up then. I want to ask him properly about his recent trading. He’s been getting beaten up when advancing his trading lately—maybe because he’s been too smooth before. He’s basically been through the “trial,” and the difficulty has gone through enough; now it’s time to cross into a higher level. This means his ability to make money needs to take another step up.
As for Junhong making money—this isn’t me bragging that I’m awesome. It’s that he could realize that the money he made before was basically luck. After coming to Chongqing to study, the money he made is now based on real skill. No one can have good luck forever, but once your skills are solid, you can keep turning consistent profits.
Yesterday Junhong said he’d treat us. Today it’s my turn to treat—anyway, if I can’t hit it, I’ll just spend the 600 yuan living allowance in one go. For the second half of the month, we’ll eat steamed buns.
Alright, everyone, brothers—see you at the live stream tonight!
The last time I posted was July 11th, 2026 The reason I stopped updating is that I suffered a major setback in my trading
It’s been almost a month to recover Not because I got carried away and went all-in and lost in one shot But because ten trades gave back the profit from an earlier trade And I even lost part of the principal
This lesson is deeply instructive No one can help me get out of it—I can only pull myself out
Lately things have gotten much better No losses, no wild swings If I don’t want to place an order, I won’t If I want to sleep, I’ll sleep
Lately I’ve been using a small position size to gradually regain my rhythm and confidence 💪 In the world of trading, the only real enemy is yourself Keep it up—I’m confident I can return to the peak (ง•̀_•́)ง
#美伊 Said a source, an insider, a senior insider... $BTC At present, my outlook and viewpoint remain unchanged. I think this double top will break through. As for whether it can reach the rebound peak I expected, that will depend on the market.
#交易复盘 $BTC The chart below is my forecast of the subsequent走势 (under the best-case scenario, for reference only—please do your own analysis).
Yesterday I made a trade: short from 629 down to 620. Overall, I was a bit late by half a beat, but I still managed to catch a little bit of profit.
After the market opened last night, I dragged things out for a long time. I know the US-Iran situation is stirring things up again, but what I judged was that TACO will come sooner or later. Also, there’s the Fed’s monetary policy meeting minutes—overall it’s just the usual “water-all-around” kind of statement, but it still leans hawkish. You need to pay attention: the subsequent rebound can’t be considered a reversal yet.
So yesterday I tried to probe for longs. I entered first at 617, took half profit at 622, and then the remaining position was basically break-even, because back then the market really was weak.
But after the second sell-off pushed down to 615, I saw that the prior tested low was not broken. I entered again at 617. After watching it for a bit, I still took profit at 622—I was too sleepy. So I went to sleep, and then I didn’t wake up until 11 o’clock 😂
After that, I had already figured out last night: if the second test doesn’t break 615 and it holds above 618, you can continue adding longs. Unfortunately I woke up late, and by then the price was already in a bad spot. Plus I noticed on the lower timeframes that it seems to be building up momentum, so I chased the long directly at 620.
For the next step, first I’ll see whether it can hold at 624, and whether it can break through 630.
My short-term bullish reasons are: in fact, the ETF inflows last week were very strong. In these two days the ETF has had outflows, but in terms of ratio, the reaction is about the same as the market pullback. And considering the past two days of sell-offs, there have been frequent releases of negative news. Also, because of the midterm election being near, I believe TACO will come sooner or later.
As for US stocks: in the past two weeks, I didn’t think they would make a new ATH again; I expected only high-level consolidation with a downward drift. And this is correct now! (It’s just that I really didn’t act on it because I’m still not familiar.)
I just scanned the major indexes and popular stocks. Basically everything has been pushed down into the area of strong technical support, so if nothing unexpected happens, the US market should have a decent rebound later—likely lifting BTC as well.
In terms of sentiment: many bears are waiting for a break below 620 to chase positions. They’re watching for 605, and maybe even a reset that breaks 6 to look toward 5, for the 50k range. Meanwhile, many bulls want to get on board at 605~610. It’s like back at 647—back then, many people were looking at 65 or 66, but the dealer isn’t that easy about letting you board and take the meat!
$BTC #交易复盘 Good thing I had prepared in advance; when luck comes, it does. I couldn’t get any meat earlier, but today I finally did.
Today pre-market, I unwound the moves from last Friday through Sunday’s market closure. The 583 hadn’t responded earlier.
I didn’t trade much on 595, and I didn’t short on 63999 because when I saw it, I’d just woken up. My rule is: once you wake up, you don’t trade. It’s very easy to lose money!!!
But this time, I was prepared. So I finally managed to make a little bit of porridge money.
Long at 617, and 634 was closed out. Mainly, the news impact was moving way too fast. After that, we’ll see—find a spot and go long or short, either way.
👇 Summary: 1. This—MicroStrategy selling coins. I remember seeing a couple of weeks ago that it had already sold via over-the-counter transactions, but there wasn’t any news coverage. Then today pre-market, they immediately released the news and hammered the price, so I knew something was off (if it was still “FUD bearish,” then even 578 wouldn’t have been able to stop it over the past few days).
2. Since that day at 578, the daily candles have closed very well, and the weekly candles too have closed very well. So in the short term, the upward trend is very clear. But during those three days of market closure, the move up was also very weird—every kind of indicator told you it should fall, yet it didn’t. The pullbacks were shallow, but I didn’t expect it to still be the case for the U.S. session.
3. Even though the ETF had this huge sell-pressure for the past two days and still couldn’t drop, it shows the support/absorption is extremely, extremely strong. The range is around above 610. And today’s ETF, once tomorrow’s statistics are out, it should basically be possible to confirm it’s net inflow. I’ll verify tomorrow.
4. The MicroStrategy selling-coins news accelerated the pullback and washed the market; Trump’s calls to keep the uptrend going—perfect! Also, the news that Trump’s account pensions flowed into crypto counts as a liquidity tailwind.
👇 Next: In the short term, I’d expect to see highs around 643. If it can hold and break through, then it’ll be 648–65–66.
For the entire month of July, the high still needs some time to be fully confirmed; subjectively, the absolute highest could be around 68K.
$BTC 26.07.01, the market is basically similar to what the article describes The bottom is most likely in place; below is my view of the trend for the next 1–2 months
DYOR
BTB投研-中南
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“Stepped past the icy winter,” but there’s still “a scorching midsummer”|June 2026 market summary and outlook report
$BTC It’s been a long time since I wrote an article, and the frequency of posting has also decreased The reason is that some time ago, I went short from 76K and then managed to get the closing average price at 63K afterward There’s some lingering fear—this feeling is hard to describe. I’m extremely afraid!!! I need to force myself to calm down Then I intentionally reduced the number of posts and browsing, took about a week off, restarted trading, and focused only on trading Looking back, here’s the analysis of why I didn’t post in advance 👇
All things considered, it’s still quite accurate 🤣 Analysis from the morning of Monday, June 22 🤣 First, let me briefly share my views on my understanding of the market
From now on, we can finally sing with passion and have a voice with Ai Jiao.
Crypto-爱币斯坦
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We must give a thumbs up for Binance Square and the hard work of the technical team!
The live connection finally came through. From now on, we won’t need to log off and go to other people’s rooms—we can just connect directly!
It seems like that feature Douyin has, like the yearly-line function.
For someone like me, a small nobody, I guess not many big shots would come to connect with me. I also can’t find many people to connect with, but the feature is awesome!
In the future, the crypto world can get “Douyin-ified.” When nothing’s going on, we can host a challenge on the stage, connect with a cute little girl, and have her dance—shake it and wiggle that butt. Who knows, maybe we can even connect with crypto friends from all over the world.
Hahaha @Richard Teng @CZ @Yi He @大铭哥 @BTB投研-中南 @BTB投研 @肥猫
$BTC Keep watching Monday’s developments to determine how things will likely move next. At the moment, the probability of a rebound seems higher than the probability of further decline.
BTB投研-中南
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“Stepped past the icy winter,” but there’s still “a scorching midsummer”|June 2026 market summary and outlook report
$BTC It’s been a long time since I wrote an article, and the frequency of posting has also decreased The reason is that some time ago, I went short from 76K and then managed to get the closing average price at 63K afterward There’s some lingering fear—this feeling is hard to describe. I’m extremely afraid!!! I need to force myself to calm down Then I intentionally reduced the number of posts and browsing, took about a week off, restarted trading, and focused only on trading Looking back, here’s the analysis of why I didn’t post in advance 👇
All things considered, it’s still quite accurate 🤣 Analysis from the morning of Monday, June 22 🤣 First, let me briefly share my views on my understanding of the market
$BTC I love making money ✌️ Luck is on my side! Originally set a stop-loss at 635, but when it dipped to 632, I doubled down hard! But the whales are tricky! They always want to take out the previous support level before pushing it up! Target achieved, ready to go again next time 😄
BTB投研-中南
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Last night before bed I did some analysis... I went short at 642, just took profits. Currently realized half of the analysis. Woke up and decided to flip long for a test 🌚 Stop loss at 635, not worried haha. $BTC
Last night before bed I did some analysis... I went short at 642, just took profits. Currently realized half of the analysis. Woke up and decided to flip long for a test 🌚 Stop loss at 635, not worried haha. $BTC
Last night before bed I did some analysis... I went short at 642, just took profits. Currently realized half of the analysis. Woke up and decided to flip long for a test 🌚 Stop loss at 635, not worried haha. $BTC
Since last week, I've been focusing on trading and handling my company's affairs, occasionally checking crypto news.
I want to keep my focus purely on trading.
Recently, I've encountered some issues with my trades. I'm not in the red, just making small profits, but I can feel that my trading state isn't quite right. I need to do a thorough review and summary.
Yesterday, I caught a long position at 62388 and exited at 63118, worried that if it can't break through 634, it might start a downtrend to new lows.
Aside from 623 as a strong support level, the next zone is 591-608.
With the overall trend heading down, I flipped to a short at 63288. $BTC
I was chatting with @Crypto-爱币斯坦 last Friday. I forgot to整理 my thoughts in an article based on the chart. I completely agree with Coach Ai; we might hit around 68K this week.
I'm a ninja turtle! Hahaha, actually 672 is a solid spot for a短, but I’m just sitting tight, hahaha $BTC