ChainCatcher news, Bitfinex Alpha released a report indicating that the recent price trend of Bitcoin has narrowed, reflecting a cooling in on-chain activity and derivatives trading activity, specifically manifested as a decline in spot trading volume, weakened buying pressure on market orders, and a decrease in open interest, highlighting that the market is shifting from an aggressive upward phase to a range-bound consolidation phase. The realized price for short-term Bitcoin holders is around $98,700, which has become a key structural support level. During price pullbacks, buyers often accumulate Bitcoin at this level, particularly evident during the recent market pullback caused by escalating tensions between Iran and Israel.Bitfinex pointed out that, based on historical data, the third quarter is the weakest quarter for Bitcoin, with an average return of only 6.03%, significantly lower than the 27.12% in the second quarter, and this quarter often experiences lower volatility. This seasonal pattern, combined with the current technical situation, suggests that Bitcoin prices may continue to consolidate sideways unless significant macroeconomic events or favorable factors related to ETFs (Exchange-Traded Funds) break this trend.

ChainCatcher news, Lombard Odier strategists continue to expect the dollar to weaken over the next 12 months. In a research report, they stated that while some consolidation may occur, the likelihood of a larger recovery seems smaller. Investors are moderately shifting from U.S. assets to Europe and Japan, which poses a downside risk to the dollar, although the recent poor performance appears to have continued.They indicated that a slowdown in U.S. economic growth and the possibility of unexpected growth in other regions by 2026 will lead to a weaker dollar and a higher euro/dollar rate. Our fair value estimate for euro/dollar is around 1.15, but considering higher foreign exchange volatility and more geopolitical uncertainty, it would be prudent to consider a broader range of 1.15-1.20.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr tweeted, "As of June 27, the average monthly trading volume of altcoins is $1.6 billion, down from the annual average of $2.5 billion. This moderate volume indicates that assets are consolidating before the next altcoin boom arrives, and the potential for accumulation is continuously increasing."

ChainCatcher message, QCP's analysis indicates that "the global market is in a wait-and-see mode, with market participants digesting geopolitical headlines and adjusting their risk exposure ahead of a potential resurgence in volatility.In the digital asset space, Bitcoin continues to trade sideways. Investor sentiment remains cautious, and market positioning suggests that participants are waiting for clearer catalysts.Currently, the cryptocurrency market is still in a buildup phase. The next headline, macro shift, or tail event could spark a resurgence of past volatility."

ChainCatcher message, Federal Reserve Chairman Powell stated, "The U.S. economy is in a solid state, but inflation levels have been slightly above the target." (Jin Shi)

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market has seen a slight rebound in some sectors, with the PayFi sector rising 2.52% in 24 hours. Within this sector, XRP increased by 3.14%, and Keeta (KTA) regained momentum, rising by 17.80%.In addition, Bitcoin (BTC) is consolidating around $105,000, while Ethereum (ETH) fell by 1.05%, dropping below $2,500.In other sectors, the RWA sector rose by 1.14% in 24 hours, and the Layer1 sector increased by 0.24%. Within this sector, Solana (SOL) and Avalanche (AVAX) rose by 1.30% and 1.61%, respectively. The CeFi sector rose by 0.08%, with Hyperliquid (HYPE), OKB, and Cronos (CRO) increasing by 1.16%, 1.25%, and 1.28%, respectively. The DeFi sector fell by 0.84%, and the Meme sector decreased by 1.21%, while Bonk (BONK) and SPX6900 (SPX) rose against the trend by 1.68% and 4.17%, respectively. The Layer2 sector fell by 1.73%.The cryptocurrency sector indices reflecting historical market trends show that the ssiPayFi, ssiMAG7, and ssiCeFi indices fell by 2.64%, 0.19%, and 0.09%, respectively, in 24 hours.

ChainCatcher news, according to Cointelegraph, Bitcoin's price rebounded strongly after briefly dropping to $107,000 and has now returned to the $110,000 level.Despite facing macro challenges such as the release of inflation data from the Federal Reserve and rising bond yields, market sentiment remains positive. Exchange data shows that trading activity has cooled, but funding rates remain neutral, indicating healthy leverage levels that support sustainable upward movement.Analyst BitBull stated that if the current structure holds, Bitcoin is expected to target a new goal of $155,000.

ChainCatcher news, according to Chainwire, blockchain AI solution provider ChainGPT announced a strategic partnership with Alibaba Cloud. The two parties will combine Alibaba Cloud's GPU computing resources with ChainGPT's artificial intelligence technology stack to provide scalable enterprise-level machine learning services for Web3 developers. The core outcome of this collaboration is the comprehensive open-sourcing of ChainGPT's Solidity large language model (LLM), which is specifically designed for smart contract development, auditing, and troubleshooting, now achieving global real-time access through Alibaba Cloud's GPU architecture.After the open-sourcing of the Solidity LLM, developers can use the model for free to accelerate the construction and security verification of decentralized applications. Alibaba Cloud's GPU infrastructure will provide high reliability support for the model, meeting the demands of Web3 AI solutions for computing power, security, and response speed. ChainGPT founder and CEO Ilan Rakhmanov stated that this collaboration aims to lower the threshold for Web3 developers to access high-performance AI technology, providing tool support for the next generation of decentralized applications.Alibaba Cloud stated on its official X platform account that the two parties will enhance decentralized AI infrastructure through the AIVM network, with future plans to utilize ChainGPT's AI virtual machine (AIVM) and decentralized GPU market SDK to integrate Alibaba Cloud resources, providing underlying computing power for AI tools, agents, and applications in the Web3 field. Currently, developers can deploy the Solidity LLM based on Alibaba Cloud's GPU computing power and optimize the model.As an extension of the collaboration, Alibaba Cloud officially joined ChainGPT's AIVM GPU network as a validation partner. Both parties stated that this collaboration not only provides scalability assurance for ChainGPT's AI models but also promotes the construction of a globally inclusive decentralized computing layer, eliminating geographical limitations on on-chain AI development. The next step for both parties is to deepen the integration of the AIVM network and explore ways to enhance the flexibility of AI model deployment and Web3 application development.

ChainCatcher news, according to CryptoSlate, Japanese listed company Metaplanet announced the issuance of its 14th series of ordinary bonds, raising $21.25 million, all of which will be used to purchase Bitcoin. This bond was approved at the board meeting on May 9 and was fully subscribed by EVO FUND.Previously, Metaplanet purchased 555 Bitcoins for approximately $53.4 million, bringing its total Bitcoin holdings to 5,555 coins, with a total investment amount of $481.5 million and an average purchase price of $86,672 per Bitcoin. This makes Metaplanet the largest listed company holder of Bitcoin in Asia and ranks ninth globally.

ChainCatcher news, according to CoinDesk, a report from Solidus Labs shows that Solana has become a popular blockchain favored by criminals and scammers. 98.6% of the tokens launched on pump.fun have been flagged as scams or fraudulent transactions. Since its establishment in January 2024, pump.fun has issued over 7 million tokens, of which only 97,000 tokens maintain at least $1,000 in liquidity. The largest fraudulent transaction identified by Solidus Labs during this period was valued at $1.9 million, related to MToken.Additionally, on Raydium, Solidus Labs found that 93% of liquidity pools (361,000 pools) exhibited soft rug pull characteristics, with a median rug pull value of $28,000.

ChainCatcher message, Federal Reserve Chairman Powell stated that the economy is in a robust state.