Brothers, if you have been feeling anxious watching Bitcoin (BTC) break the $63,000 mark these past few days, and the on-chain bulls get slaughtered, don’t panic, you are not alone.
In the past few weeks, the crypto market has been experiencing a deep "structural deterioration" intertwined with institutional distribution, sovereign wallet monetization, and retail leverage unwinding. But this is far from simple retail panic; it is a deep liquidity game among top capital on the bullish side. Amid the “big correction” cycle with multiple peaks on the supply side, smart money has long stopped blindly holding positions and has begun to turn to high-probability structural financial tools to watch the storm.
1. Deep Investment Research: Macro and Micro Analysis of BTC's Loss of $63k
Why was the strong consensus ruthlessly broken in a short period? The data from the on-chain and derivatives markets provides a cold answer:
1. Institutional-level massive bloodletting and pressure from spot multiple peaks
ETF has become a source of spot selling pressure: In the past 5 weeks, nearly $8 billion has flowed out of Bitcoin spot ETFs. In particular, on June 23, BlackRock reduced its holdings of about 1,000 BTC through IBIT in a single day. This was not a proactive bearish stance by BlackRock but rather an institutional-level selling pressure triggered by the redemption mechanism, where custodians had to sell corresponding amounts of spot assets in the spot market.
Coinbase Premium breaks record with negative streak: The Coinbase Premium has been negative for 44 consecutive days since May 19 (the latest reading is around -0.1089%). Historical experiences of prolonged negative premiums indicate that U.S. compliant funds are in a state of strong risk aversion.
Historic ghost supply: A recent transfer of over 10,000 BTC (approximately $730 million) appeared on the Mt. Gox chain, preparing for the final repayment deadline of October 31, 2026; meanwhile, the continuous distribution from early holders such as the German government wallet continues to drain supply.
2. Micro leverages class harvesting: Degen becomes the nutrient for "smart money"
With the total reserves of stablecoins on exchanges continuously declining and a lack of "gunpowder" to sustain buying pressure in the market, a brutal liquidity plunder is happening in the derivatives market.
For instance, a certain "big brother" that garnered attention faced7 liquidations in just 10 hours but still chose to blindly increase his long position in ETH around $1,635;
In stark contrast, a certain "smart money" trader accurately shorted 50,000 ETH two days before the plunge, directly realizing $4.35 million in unrealized profits!
Although the market is in a risk window where "further deleveraging is needed after liquidation," and July will bring a concentrated wave of unlocking, optimists need not lose hope entirely — enterprises (represented by MicroStrategy) are still aggressively net buying against the trend.
At the same time, the CLARITY Act (Digital Asset Market Clarity Act) set to have a significant hearing on July 17 will completely liberate compliant buying if substantial progress is made in the Senate. In the range of potential rebounds/re-accumulation, it is advisable to wait for the Coinbase Premium to turn positive or for a massive panic release (Capitulation).
2. Heroes arise in chaotic times! The dual currency investment trading competition returns!
During the period when the overall on-chain data remains bearish, and blind bottom-fishing on the left can easily lead to losses, mature traders in the Chinese language market never sit idly by. Since the market has provided such top-level volatility, using structured products in a choppy market to "enter at low prices and exit for high coin-based interest" is the real cash machine in a volatile market.
Coincidentally, the "Dual Currency Investment Trading Competition" is back! The event runs from June 15, 2026, 10:00 to June 29, 2026, 23:59 (UTC).
Whether you want to place an order to "buy low" in the previous major accumulation zone of $58,000 - $60,000 or want to "sell high" during weak rebounds, as long as you purchase any dual currency investment products during the event, you will be eligible to share a generous prize pool, with a chance to win up to 2,500 USDT in cash rewards every two weeks!
🏆 Leaderboard Cash Reward Structure:
Staying in the top 50 locks in the winning "base reward." If the total trading volume crosses the "whale threshold," the base reward can instantly trigger a "critical hit":
👑 1st Place: Base reward 800 USDT | Critical reward 2,500 USDT (minimum trading volume ≥ $100,000,000)
🥈 2nd Place: Base reward 500 USDT | Critical reward 1,500 USDT (minimum trading volume ≥ $30,000,000)
🥉 3rd Place: Base reward 300 USDT | Critical reward 800 USDT (minimum trading volume ≥ $20,000,000)
🐳 4th-10th Place: Base reward 100 USDT | Critical reward 300 USDT (minimum trading volume ≥ $5,000,000)
🎯 11th-20th Place: Base reward 60 USDT | Critical reward 150 USDT (minimum trading volume ≥ $1,500,000)
📈 21st-50th Place: Base reward 30 USDT | Critical reward 88 USDT (minimum trading volume ≥ $500,000)
💰 51st-100th Place: Cumulative trading volume exceeding $100,000, easily share a prize pool of 1,900 USDT!
💡 Hard-core ranking and gold-digging skills in the Chinese-speaking circle: By carefully reading the rules, one can find that the subscription amount of dual currency investment is calculated based on cumulative trading volume.
If you have 100,000 USDT in capital, using the current severe intraday volatility after BTC has fallen below 63k, by reinvesting in ultra-short-term dual currency investment plans twice a day, the cumulative trading volume could roll up to 2,800,000 USDT! This will directly help you land easily in the mid-to-high ranking leaderboard and secure your critical hit bonus!
3. Three Steps to Unlock 100 USDT Ice-breaking Fund
The structural reshuffle of on-chain capital flow is a crisis, but it is also a site for the distribution of wealth in cognition transformation. Before the token unlocks and legislative hearings in July, arm yourself with structured finance to achieve steady arbitrage in the deleveraging market!
For novice brothers who have never purchased any dual currency investment products before, don’t miss the official "Newcomer Ice-breaking Gift" that is giving away money:
Step 1: [Sign Up] Log into the event page and click to sign up for the event (extremely important, transactions cannot be counted without signing up).
Step 2: [Accumulate Trading Volume] Purchase any dual currency investment products during the event. As long as the cumulative trading volume exceeds $100, the first 300 qualifying novices will be directly awarded 100 USDT dual currency investment experience funds! First come, first served.
Step 3: [Receive Rewards] Collaborate with reinvestment strategies to climb the leaderboard, and after the event ends, wait for the generous financial cash airdrop to arrive.
Currently, BTC is fiercely battling near the support level. At this indecisive position, rather than blindly opening positions in the secondary market as a Degen, it is better to promptly join the dual currency investment trading competition and turn downside risks into your steadfast compound earnings!
Join our community, let’s discuss together and become stronger together!
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⚠️ Disclaimer: The above content is for reference only and does not constitute any investment advice. Dual currency investments are non-guaranteed structured financial products. In the context of volatile cryptocurrency markets and cycles of deleveraging corrections, there may be risks of principal conversion to another asset due to significant deviations in the underlying asset price from the pegged price. Please fully understand the product mechanism, event rules, and rewards before purchasing, as the final terms and conditions shall be subject to the official service terms.
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