Bitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5551765098 Recently, the market has been affected by news, with either a surge or a drop. After Bitcoin reached around 110000, it quickly fell to the bottom support of 112600, and then rebounded to around 116000. Currently, the overall market is oscillating in the box, and it is estimated that the box repair index will be needed next week, after all, the recent fluctuations have been too large, and there will always be a breathing space. My personal suggestion is to short at high prices and long at low prices, and grasp the position of the box well. The future market is currently slightly bearish, but not very obvious. We have to wait until Monday to finish the line before making a decision Ethereum is still in the range of 2800 to 2500, with a peak near 2880 in the past two days, and then rapidly falling to the level of 2438. Follow up with the bottom neckline at 2310. If not broken. You can consider taking a long position at a low level. Currently, the Ethereum life and death line is around 2310, and the specific location can be notified during my live broadcast Operation suggestion: Put Bitcoin 106800 to 7000 short. Defend 109000. Target 102000 Weibo followers: Shen, Du QQ Fan Experience Group: 1018013659 DingTalk Fan Experience Group: 116320006956 Tencent Meeting Live Number: 5551765098 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.

BlockBeats News: On June 14th, Echo Protocol, a Bitcoin liquidity re staking and revenue layer official, announced that its wallet containing 2515.648579 uBTC (currently valued at over $266 million) has been subjected to a highly complex supply chain attack and has been maliciously hacked. The team has initiated an emergency investigation and will release a retrospective report on the incident as soon as possible. At present, the collateral ratio of the platform's treasury has dropped to 20%. To ensure system security, all withdrawal operations will be suspended from midnight Eastern Time. Echo Protocol stated that it is working closely with auditing agencies and security experts to handle this incident, and will announce a reward plan later to encourage informants to assist in tracking the stolen assets.

According to Interface News, Dongxin Heping, a listed company on the Shenzhen Stock Exchange, stated that according to the latest policy direction, global regulatory requirements for stablecoin issuers have become increasingly clear, mainly including compliance licenses, asset reserve transparency, risk management, and consumer protection. Dongxin Heping Company will collaborate with China Telecom Research Institute and Shanghai Tree Map Research Institute to further advance its technological layout and actively explore the application scenarios of stablecoins in payment, cross-border settlement, digital assets, and other fields.

BlockBeats News: On June 14th, according to DefiLlama data, the total market value of stablecoins on the entire network is reported to be $251.542 billion, an increase of 0.63% in the past 7 days, of which USDT market share is 62.14%.

Odaily Planet Daily News: Michael Saylor, founder of Strategy, stated that all global capital will gradually flow into digital spaces such as the Bitcoin network. He believes that the United States should hold as much Bitcoin as possible as soon as possible to seize the opportunity before other countries around the world realize its value. Saylor emphasized that the Bitcoin network, as a decentralized financial infrastructure, will become the core of future capital flows.