#There was a larger retracement last week, but that was a normal retracement correction, when the price moves away from the moving average. Therefore, the downward correction is a normal trend. The short-cycle hourly chart continued yesterday's upward trend in the morning. The high point pressure is at 68,700 prices, and the correction low point is at 65,000 prices. The current pressure is in a retracement trend, the K-line pattern is continuously negative, the indicators in the attached picture cross downwards, and the price is consolidating at a low level, so there is still a need for correction within the day. Therefore, today's BTC short-term contract trading strategy: short the price of 67,000, stop loss at 67,500 price, target price of 65,800-65,500, retrace price of 65,500, stop loss at 65,000 price, and target price of 66,500-67,000.#BTC

DeFi Liquidity Mining:#BTC #USTD
DeFi liquidity mining is a new mining method that allows cryptocurrency investors to fully utilize their crypto assets. Investors only need to store the cryptocurrency in their own decentralized wallet and link to the mining pool to become Liquidity providers, in return, investors can receive passive income from the liquidity pool every day.
Some liquidity mining pools use multiple tokens as payment rewards. These token rewards can be deposited into other liquidity pools to continue to receive rewards. The cycle repeats. Liquidity mining is usually completed using stablecoin USDT tokens, and the rewards are also Issued in the form of stable currency USDT.
Liquidity mining is closely related to the automated market maker (AMM) model, which typically involves liquidity providers (LPs) and liquidity pools. Liquidity providers are responsible for injecting funds into the liquidity pool. The pool funds the marketplace platform where users can lend, borrow, or exchange tokens. Using these platforms generates handling fees, and liquidity providers can receive corresponding rewards based on their share.In addition to fees, another reward for injecting funds into the liquidity pool is new tokens. For example, some tokens may not be purchased in small quantities on the open market, but they can be rewarded by providing liquidity through liquidity mining.
[07/03, 16:04] +44 7947 655491: To summarize, liquidity mining is conducted via stablecoins pegged to the US dollar. The most common stablecoins in DeFi include BTC, ETH, USDT, USDC, etc. Liquidity providers will receive corresponding rewards based on the liquidity they provide to the So how does DeFi liquidity mining calculate returns? Liquidity mining calculates the income once every 24 hours. The funds are stored in your own decentralized wallet and can be withdrawn at any time. The system will calculate the corresponding income based on the stable currency USDT stored in the decentralized wallet by the liquidity provider. Rewards will be distributed to investor wallets in the form USDT

#PEPE‏ PepeCoin (PEPE) Rushes To Beat Its Previous ATH Ahead Of Bitcoin (BTC)
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PepeCoin (PEPE) just achieved a new all-time high (ATH) today at $0.000008585
The rally of the crypto community’s beloved frog-themed coin came as Bitcoin(BTC) came a few dollars away from realizing its highest recorded price back in November 2021.
PepeCoin (PEPE) Sets a New Record High at $0.000008585
Today marked a significant milestone for PepeCoin (PEPE), a cryptocurrency with a frog theme, as it reached a new all-time high (ATH) of $0.000008585. This achievement coincides with Bitcoin (BTC) nearing its highest value ever, recorded back in November 2021.
PEPE Surges to a Record Peak
As mainstream investors get increasingly excited about Bitcoin's approach to its previous ATH, a segment of the market is turning towards altcoins for potentially higher risks and rewards. Recently, Shiba Inu (SHIB) has led this trend, with other animal-inspired cryptocurrencies like Dogecoin (DOGE) and PepeCoin (PEPE) also gaining traction.
PepeCoin, a favorite among frog meme enthusiasts, has shown remarkable movement in the last 24 hours, establishing a support level at $0.000006615 and breaking through a resistance level at $0.000008585, according to CoinMarketCap data. This new peak is not only a record for PEPE but also an impressive leap from its previous high of $0.000003734 on May 6th last year, marking an extraordinary 13,000% growth in under a year.
At 7:30 AM UTC, PEPE stabilized at $0.000007536, reflecting a 15% gain. The coin has also seen a substantial increase in transaction volume, with a 40% rise in a day and $4.35 billion PEPE changing hands. This surge has placed it among the top 10 most traded cryptocurrencies on the platform. Moreover, with a circulating supply of 420.69 billion PEPE, its total market value now exceeds $3.17 billion, ranking it 39th among over 8,000 active cryptocurrencies listed by CoinMarketCap.
Factors Behind PepeCoin's Surge
The recent upswing in Bitcoin's price is playing a pivotal role in shaping the investment strategies in the crypto market.

#BTC $BTC More Pain: Over $1 Billion of Liquidations As Bitcoin Slides to $61,000
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Crypto market sell pressure was relentless on Tuesday, with Bitcoin’s price drifting as low as $61,000, triggering more than $1 billion in liquidations across the crypto market.
Data from Coinglass shows that $1.17 billion in liquidations have occurred over the past 24 hours, including $876 million of long trades and $292 million of shorts.
This follows Bitcoin’s brief and narrow reclaim of its all-time high on Tuesday morning, rising to $69,200 before the market dumped.
Over 313,000 traders have been liquidated over the past day. The largest single liquidation occurred on a LINK/USD trade on Bitmex valued at $11 million.
Popular Bitcoin veterans on Twitter say the pullback is largely healthy and expected after claiming historic highs. “Large sellers use the anticipation of the moment to dump into a high liquidity moment,” wrote Vijay Boyapati, author of The Bullish Case for Bitcoin, in a post to X.
Bitcoin trades for over $62,400 at writing time.
Bitcoin just corrected from over $69,000 back to just under $65,000. This is very healthy price action. As I said before, this is the easy part of the cycle. Every dip should be bought. It has been wonderful sharing this journey with you and I’ll see you all in 2025. Ciao.

About mining ::

Traditional physical mining involves many dangers. Physical mining requires a large amount of electricity to run mining equipment, which can lead to huge energy consumption and trigger an energy crisis in some areas. The heat generated by mining equipment needs to be dissipated through fans or cooling devices, which generates a lot of heat and noise.

The most popular DeFi liquidity mining at present has subverted traditional BTC physical mining. Physical mining uses calculations and electricity to exchange tokens to obtain rewards, while DeFi liquidity mining only requires tokens to be deposited into a decentralized wallet. Connect to the mining pool, become a liquidity provider, and perform smart mining every day to obtain passive income.

What is contract or future trade?
So what is a contract transaction? Contract trading is similar to futures. You can buy up or down, T+0 trading mechanism, and you can trade with leverage. Some people may not understand leverage. Let me give you an example: If you only have 500 US dollars, but you are very optimistic about a product, you think I want to grow and earn value-added space for this product, but the funds are not enough. The fundamental difference between contracts and spot is here. You can use very small funds to buy and sell the rise and fall of high-value products. But when you buy or sell this product, the product does not belong to you. What you have is the ownership right of the rise and fall of the product. . It is very similar to futures in nature, but there is no delay and it is traded in real time, so it is also an independent trading mode.

What is spot trading?
Spot trading is similar to stocks. You can only buy up but not down, and there is no leverage trading. For example, if you buy spot BTC at a price of 40,000 USDT, when the BTC price rises to 45,000 USDT, you will make a profit of 5,000 USDT, which means that spot trading can only be profitable if the market rises. If the market goes down, you have to bear the risk of losing money.

Important Notice:
Today, the DeFi liquidity mining income has been distributed to user mining pool accounts by the system. Users who have participated in liquidity mining can now enter the mining pool page to withdraw income.

Dear Binance users, hello everyone, I have good news for you.
Binance’s 39th DeFi Liquidity Pool USDT second phase airdrop rewards will be officially distributed tomorrow. The system will randomly allocate airdrop rewards (1,000~100,000 USDT) according to the users participating in mining. Distribution is expected to be completed within a week. For airdrop rewards, users who participate in withdrawals should remember to pay attention to the status of their mining wallets every day and withdraw USDT airdrop rewards in a timely manner.