News

Over the past three days, the market has undergone a significant recovery. BTC rose from $60,024 to $63,650, gaining a total of 6.04%. ETH climbed from $1,609 to $1,791, with a cumulative increase of 11.25%, nearly twice that of BTC, making it one of the strongest-performing mainstream assets in this rebound. However, despite the price rise, market sentiment has not heated up accordingly. The BTC long-short position ratio has rapidly dropped from 2.79 to 1.41, indicating that leveraged funds are cooling down. Over the past 24 hours, the entire network saw liquidations totaling $664 million, with short positions accounting for $399 million — higher than the $265 million from longs — showing that this round of rise is still mainly driven by short covering. Meanwhile, BTC’s incremental capital flow is starting to slow down, whereas ETH continues to maintain net inflows, and capital attention keeps tilting toward ETH. For the next two days, it is recommended to focus on two key price points. First, whether ETH can firmly break above $1,800. ETH has outperformed BTC for three consecutive days; if it effectively breaks through and stabilizes above $1,800, the next target can be set at $1,900. If it falls below $1,720, the short-term strong structure might be broken. Second, whether BTC can hold above $62,000. BTC has closed positive for three straight days; if it finds support after retesting $62,400–$62,800, it still has a chance to challenge $64,500. If it loses $62,000, beware of short-term correction risks. On the news front, recent tensions between the US and Iran have temporarily eased, US employment data continues to influence rate-cut expectations, and Ethereum has announced its technology upgrade roadmap for the coming years, providing new long-term narrative support for ETH. However, with ongoing uncertainty surrounding geopolitical events and the US Federal Reserve’s policy expectations, market volatility may further increase. In summary: ETH remains the relatively more noteworthy trading direction for the next two days; a breakthrough above $1,800 could be tracked further. BTC is more suited for waiting for a retest confirmation before considering entry — avoid chasing highs.

```htmlGolden Ten Data reported on July 6 that sources in the AI server supply chain have revealed Amazon AWS has notified relevant suppliers to increase shipments for the third quarter of 2026, with estimates rising by an additional 20-30% compared to the original plan. This signals AWS's optimism about the sales prospects of Trainium 3.```

According to Odaily, monitoring by Lookonchain shows that a certain address exchanged 1,126.44 ETH, worth 2.01 million US dollars, for only 5,776 LIT, worth 14,208 US dollars, resulting in a loss of nearly 2 million US dollars.