Bitcoin first returned to the vicinity of $60,000 a week, but the market was not significantly stronger. With June coming to an end, BTC is still running below critical integers, and ETH is maintained below $1600, and traders are being cautious as a whole.

Over $200 million in 24-hour liquidation.

Over the past 24 hours, the exchange has made up more than $200 million in futures storage positions, many of which account for the bulk. This indicates that, during the previous decline, additional pressure was placed on overfunding.

However, there have also been signs of short-line backlash in recent hours. In the new liquidation, there was an increase in the empty share, which showed that when bitcoin rebounded to the vicinity of $60,000, some of the empty positions were passively released.

BTC and ETH are back to the beginning of the month.

Bitcoin futures contracts had fallen back into the early part of the month and the small upturn of the previous days had largely been erased. The unsettled ETA contract also remained close to about 14.2 million ETH, indicating a temporary lack of willingness to expand risk exposure.

In more detail, the 24-hour cumulative trade-off margin, adjusted for unsettled contracts, remains empty. With the exception of TRX, XMR and ZEC, most of the former 25 large coins are negative, reflecting the fact that the active sale still dominates short-line price movements.

SOL is high, AVAX is weak.

Solana has continued to rise in recent days after a low rebound earlier this month. Its unsettled contracts rose to 72.7 million SOLs, close to the stage created on June 24th. This means that subsequent SOL fluctuations may continue to expand.

In contrast, the AVAX rebounded over 5% last week, but the leverage did not follow up. Its unsettled contracts have fallen to 3.807 million, low since the beginning of April, indicating that the continuity of this round is still to be observed.

The right to remain protected.

Volatility indicators show rare signs of mitigation. The BVIV, which measures the 30-day implicit volatility rate of bitcoin, dropped from 5 to 47 per cent that day, temporarily ending its two-week consecutive run, suggesting that some traders are beginning to bet on short-line market stability.

But in the Deribit options market, BTC and ETH still have a clear bias towards drop protection. Bitcoin ' s $60.0 million implementation margin is close to $1 billion in nominal size and $80.0 million in nominal size. If the BTC falls again by $60,000, the next more centralized option storage area is around $50,000.

The whole thing is still waiting for direction.

The market for the Shancocoin as a whole has not changed much, and the pace of trade continues to follow bitcoin. The CoinMarketCap indicator for the “salary currency season” is currently reported at 49/100, which remained at this level for most of June, indicating that funding has not yet shifted significantly to more high-risk assets.

Individual tokens are divided. DASH and ZEC rebounded more than 2% on Monday, but the two-week drop had reached about 18 to 30%, respectively, and is now more of a fix. PUMP and AI concept token FET continue to weaken.