Main 24-hour trend: BTC major traders place more limit orders, totaling 683 million US dollars

The spokesperson of Qatar's Ministry of Foreign Affairs stated that a technical and expert group has been established to discuss the terms of the final agreement between the United States and Iran, and a follow-up group has been formed to implement the memorandum of understanding until the final agreement is reached.

According to CryptoQuant analyst Axel Adler's market analysis weekly report, Strategy is facing four major pressures: Bitcoin falling below the average cost line, preferred stock STRC financing ability declining, selling Bitcoin breaking the "buy not sell" narrative, and dilution pressure brought by stock issuance. Axel Adler believes that the impact of Strategy on the Bitcoin market is negative and neutral, and does not constitute systemic risk. There is no need to sell a large number of Bitcoin blocks in the short term. Holding stocks in Strategy is not equivalent to holding Bitcoin, as there is no BTC redemption right and no subscription and redemption mechanism similar to spot ETFs. If Bitcoin rebounds above its average cost and the market allows for the issuance of stocks and preferred shares at lower costs, Strategy may restart the 'Bitcoin flywheel'.

According to Onchain Lens monitoring, James Wynn opened another 12.57 BTC short positions with a leverage of 40 times after a complete liquidation.

Among the 52 central banks included in the statistics, the number of institutions that raised or lowered interest rates in May was 26, marking the first time in about two years that the number remained the same. Last week, the European Central Bank raised interest rates by 25 basis points to 2.25%, and this Tuesday, the Bank of Japan raised interest rates by 25 basis points to 1.0%.

According to the PRO main order list, the total transaction data of BTC and ETH main players in the past 24 hours is as follows: BTC: Accumulated transaction volume of 683 million US dollars, including buying transaction volume of 438 million US dollars, selling transaction volume of 244 million US dollars, and transaction difference of 194 million US dollars ETH: Accumulated transaction volume of 339 million US dollars, of which 176 million US dollars were bought and 163 million US dollars were sold, with a transaction difference of 12.79 million US dollars The latest data shows that the main players still have a layout in key price points: BTC has a net pending order difference of $162 million; The net spread of ETH pending orders is $174 million. The main pending orders may withdraw or close at any time, and non PRO versions of the K-line cannot see its changes in real time. The PRO 'Main Large Order Tracking' indicator monitors every large pending order in real-time, helping you determine if this' wall 'is still there. Note: If the difference between pending orders is positive, it indicates that the main force is placing more limit orders than sell orders on the currency, and there are active takeover orders below the current price; If it is negative, the opposite is true, as there is a reserve of selling pressure above. The data is for reference only and does not constitute any investment advice.