Bitget Announcements

📊 Bitget UEX Daily | July 07, 2026 🕯Market Snapshot • Total crypto cap: ~$2.28T (+1.3%) • BTC: ~$63,900 (+0.03%) | ETH: ~$1,790 (-0.34%) • Stocks: Dow +0.29% (53,055.91, first break above 53,000) | S&P 500 +0.72% (7,537.43) | Nasdaq +1.12% (26,121.16) • Commodities: Gold $4,148/oz (-0.56%) | WTI $68.88/bbl (+0.48%) | DXY 100.879 (+0.02%) 📈 Key Levels • BTC Liquidation Map: – Current price ~$63,919. Above $64,800–$65,500: Major short liquidation cluster; sustained break could trigger short covering and accelerate upside momentum. – Below $62,500–$63,500: Significant long liquidation concentration; break lower risks cascading long liquidations and heightened near-term downside pressure. 🔥 Hotspots Central Bank: Fed Governor Christopher Waller stated at a Rome conference that forward guidance remains a valuable tool when used flexibly, describing it as “more art than science.” He acknowledged past rigid application had limited policy space but emphasized it should not be dismissed entirely. This follows new Chair Kevin Warsh’s pledge to reduce reliance on forward guidance in favor of data-driven adjustments. Markets interpret this as mild internal divergence on communication strategy, but the data-dependent policy path remains unchanged in the short term; volatility in the dollar and rate-sensitive assets is expected to stay contained. Commodities: US Strategic Petroleum Reserve (SPR) crude oil inventory fell 6.2 million barrels to 319.5 million barrels as of the week ending July 3 — the lowest level since April 1983. Total US petroleum inventories also reached their lowest since 1984. Low stocks provide some support for oil prices, but global supply-demand dynamics and geopolitical easing expectations remain dominant; oil prices are likely to stay range-bound near term. Tech/AI: Broadcom and Apple extended their custom chip supply and development cooperation to 2031, continuing long-term R&D and supply for iPhone-specific chips with billions of dollars in commitments (primarily US-designed and produced). US tech stocks rebounded strongly (Nasdaq +1.12%), led by AI names: META +2.98%, Tesla +6.69%, Alphabet +1.82%. Storage concept stocks also gained (Western Digital +7%, Seagate +6%) on improved semiconductor demand and AI server storage needs. Separately, Trump promoted the “Trump Account” newborn investment plan, expressing strong bullish sentiment (“the market is going to the moon”); Strategy sold 3,588 BTC last week to fund dividends, reducing holdings to 843,775 BTC. 🏛 Institutional Views • Wall Street analysts generally believe Fed Governor Waller’s remarks reflect mild internal divergence on communication strategy, but the “data-dependent” framework remains core and is unlikely to shift the rate path on its own. Elevated USD net long positions (~$40 billion, highest since 2015) signal US economic resilience and rate advantages, though softening employment data may cap further gains. Gold’s pullback is viewed as healthy consolidation rather than a trend reversal. MicroStrategy sold a large amount of Bitcoin but the price remained stable, demonstrating strong market absorption capacity. Overall, the risk asset rebound paired with USD strength is likely to persist in the near term. Investors should watch this week’s trade data and FOMC minutes for any revisions to rate expectations. 🔗 Source: https://www.bitget.com/news/detail/12560605492774 About Bitget 🔹 Website 🌐  | Twitter ❌ Telegram ✉️| Download 🍏 Discord 🤖   | Reddit 🤖