Nvidia's pre-market stock price fell 1.5%

Click on the link to enter the meeting: https://meeting.tencent.com/dm/L1CrUCgvqNKE Hello everyone, I am Cannon Teacher. Tonight's live broadcast at 8 o'clock, the bulls suddenly launched a surprise attack in the early morning, and there was a significant change in the market that deserves attention. Early this morning, the bullish main force suddenly launched an attack, and BTC broke through the key pressure level of $63000 in the short term, hitting a 14 day high of $64729 at around 6am this morning. Currently oscillating and consolidating in the 63000-635,00 range, with a 24-hour increase of about 0.4%, and a daily fluctuation range of 62400-64700. Key position: Upper pressure range of 64000-64700 (concentrated chip holding area+intraday high), break through to 65500-66000; Support 63000-62500 below (confirm area after breakthrough). ETH: synchronously rising, rebounding from $1728 to $1833 within 24 hours, hitting a 14 day high of $1813 this morning, and currently oscillating in the 1770-1800 range. Key position: Upper pressure 1800-1830, breakthrough looking at 1880-1900; Support below 1750-1770. The three driving forces behind this wave of upward movement Driver 1: Short Squeeze - The recent rebound is mainly driven by short squeeze. In the clearing data on July 4-5, 95% were short-term short liquidation, forcing buying to push up prices, and closing short positions further pushed the market into passive buying, forming a typical short squeeze market. BTC has risen for three consecutive days, rebounding from $58625 to $64042, with a cumulative increase of about 9.5%. However, the Panic Greed Index is only 27, still in the fear zone - this round of rise is mostly due to short covering. Driver 2: Improvement in ETF funding - Bitcoin spot ETF has seen net inflows for 5 consecutive trading days, ending the previous 10 consecutive days of outflows. Yesterday, the total net inflow reached 266 million US dollars, with BlackRock IBIT leading the way with a daily net inflow of 209 million US dollars. Institutional funds have shifted from "continuous bleeding" to stable return. However, it should be noted that the net outflow of Bitcoin ETFs in June reached a historic high of $4.06 billion, and the current stabilization is only the starting point. Driver Three: Macro Expectations Shift - The approximately 10% increase since July 1st has been driven by expectations of a Federal Reserve rate cut - previously, the US employment report added only 57000 jobs, far below expectations, and the market has priced the probability of a 25 basis point rate cut at the September meeting at 72%. The combination of Trump's public boasting about profiting billions of dollars from cryptocurrency further reinforces the politicization and mainstream adoption narrative of cryptocurrency. Tonight's live broadcast highlights the trading strategy for this week: how to keep up with the upward breakthrough of 64700? How to connect 62500-63000 when stepping back? We will discuss the specific placement points and stop loss tonight. See you at 8 o'clock. After the multi headed raid, the key is to focus on sustainability. Make sure to define your strategy before taking action. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

据金十报道，美国至 6月 20 日当周 ADP 就业人数周度变动 2.1 万人，前值 3.075 万人。

[Peter Schiff: The Trump Family Profited from Cryptocurrency and Will Face Numerous Lawsuits] Peter Schiff stated that the Trump family profited $1 billion by selling cryptocurrency and Trump-related company stocks to the public, but the profits came from investor losses rather than actual value creation. Peter Schiff pointed out that most of the victims were inexperienced and loyal Trump supporters, and he predicted that the Trump Organization would face numerous lawsuits from victims seeking compensation. He also noted that the Democratic Party would use this to create political ads to put public pressure on the Republican Party. Additionally, Peter Schiff hinted that Trump's recent claim of becoming a strong supporter of cryptocurrency is related to pressure from cryptocurrency donors.

According to Bloomberg, AI legal startup Norm has raised $120 million in funding, with a post investment valuation of $1.2 billion. Led by Khosra Ventures and with participation from Blackstone, Bain Capital Ventures, Coatue Management, and others, the company has raised over $260 million in total. Norm has established its own law firm, Norm Law, which directly provides legal services to clients through collaboration between lawyers and AI engineers, and charges based on results. The company is developing AI regulatory AI compliance agents for regulated industries such as finance and healthcare, and plans to expand its team of engineers and lawyers with new funds and strengthen related systems.

[Streamex Board Approves Stock Repurchase Plan of Up to $20 Million] According to Globenewswire, Nasdaq-listed RWA and stablecoin company Streamex's board of directors has approved a stock repurchase plan of up to $20 million. The plan allows Streamex to repurchase up to 10 million shares of the company's common stock over the next 12 months, with a maximum repurchase price of $2 per share.