6/7/25 Market Highlights 🔥🔥

Liquidations in the last 24 hours: $7462.54 million (Long positions 450 million)

1. Unbelievable fluctuations, the #Bitcoin 4-hour chart is almost a straight line. The daily volatility is a pitiful 600 points. The second tier has hardly any market activity, I can only comfort myself that it’s like this on weekends.

2. @elonmusk wants to establish another new party due to the Great Beauty Act, using 5% of his personal net worth of $390 billion as startup capital. That's some cash power!

3. @19ys_GGboy Live stream, CTO #Wangcai Meme, this should be the first branded CTO Chinese Meme in the Chinese community.

4. Bad things are increasing, @okxchinese is still under scrutiny, and the comments section is full of insults. However, it's clear that this is temporary; everyone is just standing on the same side of their interests. OKX's activities are still quite lavish, and once they throw some money around, everyone will forget.

5. Finally ~ @SonicLabs' first season airdrop will be randomly available for claim from July 15 to 22.

6. Did the market maker run away yesterday? $HIFI $SOON $BMT There was a short-term drop yesterday, with a 30+% drop on the 15-minute line.

7. The telecom fraud park has been shut down again, and 5,400 people have been deported. If any of these young P players remain silent in the next few days, they are probably arrested.

8. I'm a bit too lazy to scold BG, it's a bad habit. 🔗:

9. I really envy China, where Meituan and Ele.me are spending heavily to capture the market, and the delivery riders are making a lot of money, with high commissions and subsidies. Users are also getting discount vouchers, practically drinking milk tea for free. The word 'envy' has been overused; now it's the crazy bull market for delivery riders!

Summary: I'm so tired. I stayed overnight at a friend's place yesterday and went to bed too late, which left me with no energy all day. I'm not feeling well. My throat is a bit uncomfortable, and I feel like I might get sick at any moment. Sidekick didn't stream today; it streamed yesterday, but I couldn't find an opportunity to place an order.

The secondary market is very volatile, and I dare not make rash moves, although I can confirm that the direction I want is bearish. The first-tier P players have gone crazy with P, but I don’t have the money to play, so I’ll just watch.

Let's leave it at that for today, and I'll write an OKX-related post later.