Bitcoin (BTC) rebounded from the weekend low, with a temporary reading of around $65,510 as of June 15. Strategy chairman Michael Saylor posted an “orange dot” chart, hinting that the company may add to its Bitcoin holdings this week. Poland has again vetoed a draft cryptocurrency regulation bill prepared according to the standards of the pan-European crypto regulatory framework (MiCA).
Macro Events & Crypto Headlines
1、According to CoinGape, Michael Saylor hinted that Strategy may buy more Bitcoin this week. He shared a cryptic post on social media that sparked speculation about whether the company would continue to accumulate Bitcoin. On June 14, he shared an “orange dot” chart on X. The strategy executive chairman’s caption said: “Still adding points.” Crypto traders typically interpret this line as a signal for new Bitcoin buys.
When a user asked whether the buy signal was “an illusion or a conviction,” Saylor replied, “A conviction.” His remarks appear to confirm Strategy’s plan to buy Bitcoin this week.
2、According to Bits.media, Polish President Karol Nawrocki vetoed for the third time a draft crypto regulation bill prepared according to the standards of the pan-European crypto regulatory framework (MiCA). The Polish parliament approved the bill in May this year. Nawrocki explained that he refused to sign the document because the government drafters ignored the recommendations of the president’s office. He insisted that he supports regulating cryptocurrencies, but believes the document needs to be revised because it focuses on cracking down on “the shadow crypto economy,” rather than establishing a system that can both protect consumers and not stifle technological innovation.
“The bill on my desk is almost identical to the one I vetoed twice before. A bad law, even if passed one hundred times, is still a bad law. If you amend it, then this bill can be signed into effect.” Nawrocki claimed.
News Updates
1、Moomoo, an app under Futu, has integrated Hyperliquid market data
2、Coinbase CEO: Still bullish on Bitcoin as always, maintaining long-term long positions
3、a16z Crypto operating partner: Cash flow is the moat; opportunities for crypto entrepreneurs are abundant
4、Britain, France, Germany, and Italy say they will lift sanctions on Iran
5、The US and Iran reach a peace agreement, reopening the Strait of Hormuz
6、“Tokenized Pokémon card” trading surges: On-chain sales on Solana and others reach $230 million in May
7、Aztec Router contract suspected to have been attacked, about $2.19 million in assets transferred out
8、Data: Tokens including ZRO, SPK, ARB, etc. will see large unlocks this week, with ZRO unlocking value of about $23.2 million
Market Trend
1、Bitcoin latest update: <a data-currency='BTC' href='/trade/BTC_USDT'>$BTC rebounded from the weekend low, temporarily around $65,510; $131 million liquidations in the past 24 hours, with longs and shorts led by shorts;
2、The three major US stock indices all closed higher on June 12, as the market expected a peace agreement between the US and Iran. SpaceX’s strong performance on its first day as a listed company further boosted investors’ confidence. However, whether SpaceX can hold onto its post-listing honeymoon rally, and how the newly appointed chair of the Federal Reserve (Fed), Harker, will manage the pressure of rising inflation and failed rate-cut expectations while presiding over his first policy meeting since taking office, will all influence where US stocks go next. The Dow Jones Industrial Average rose 353 points; the S&P 500 and Nasdaq Composite each rose 0.5% and 0.3%, respectively, all ending the week in the green. The Philadelphia Semiconductor Index rose 1.5%; TSMC ADR rose 0.7%; the week’s gains were 9.4% and 2.1%, respectively.
（Source: Gate）
3、In the Gate BTC/USDT liquidation map, based on the current 65,631.30 USDT: if it drops to around $64,954, the total amount of long positions liquidated exceeds $288 million; if it rises to around $66,245, the total amount of short positions liquidated exceeds $320 million. The liquidation amount for shorts is significantly higher than for longs; it is suggested to manage leverage ratios reasonably and avoid triggering large-scale liquidations amid market fluctuations.
（Source: Coinglass）
4、Over the past 24 hours, BTC spot inflows were $1.12 billion, outflows were $1.13 billion, and net outflows were $10 million.
（Source: Coinglass）
5、Over the past 24 hours, \$BTC, \$ZEC, \$ETH, \$H, $TRX , and others saw net contract outflows leading, presenting trading opportunities.
Selected Views from X KOLs
Phyrex Ni（@Phyrex_Ni）：「Today’s troublemaker is Israel. Many friends say that if there had been no Israel–China talks, it might have succeeded already. I agree wholeheartedly, and even think that if it weren’t for Netanyahu, the US might not have directly gone after Iran in the first place. Israel attacked Beirut again right before the US and Iran signed their agreement, which led Iran to doubt whether the US can control Israel. Of course, Iran may not have been prepared to sign the contract on Sunday either.」
「Yesterday I also said that the biggest concern now is that the US is still talking to itself—believing it has won. That is the biggest disturbance to the market. But judging by Iran’s performance today, even though it didn’t agree to sign on Sunday, it has indeed shown willingness to sign the grand deal. On this point, the US shouldn’t be exaggerating too much, even though Trump still insists it can be signed on Sunday.」
「Whether it can be confirmed by tomorrow daytime will be known. The market is not very optimistic that a signing can be completed on Sunday, and there’s also concern that even if there is a signing, it won’t be a smooth, full reopening of the Strait of Hormuz. Also, there’s concern that Israel will keep stirring trouble. But I think in the end it’s quite likely that the US and Iran will reach some agreement, without including Israel and Lebanon. After all, Iran itself has said it might not need to possess nuclear weapons, so the main contradiction should have been resolved.」
「All that’s left is the details. What Trump is anxious about is that at 2:00 a.m. Thursday, the Fed’s monetary policy meeting will be held. If they can’t reach a peace agreement before the meeting and thus lower the market’s expectations for oil prices, Wosch’s debut is likely to look bad. That’s one of the reasons Trump is rushing.」
「After worrying all weekend, $BTC I might still enter in a dual-currency form. On Monday, I’ll find a time to buy dual-currency—something like $62,000 to $63,000. I think this is a pretty good spot. I hope I can position here. If a peace agreement between the US and Iran is reached, it’s likely to trigger a surge upward. If not, the probability of betting on a rebound from this level is also not small.」
Today’s Preview
1、Eurozone April seasonally adjusted trade balance (in billions of euros), prior value 3.5
2、US June NAHB home price index, prior value 37
3、ECB President Lagarde delivers remarks
