#BTCProbes60KKeySupportLevel Bitcoin holds above $60,000; Strategy’s financing model under scrutiny Bitcoin continued to hold above the $60,000 level on Saturday. Broader cryptocurrency markets maintained their upward momentum as investors weighed growing concerns regarding Strategy’s Bitcoin accumulation strategy ahead of a critical dividend reset. Bitcoin was trading at $60,348.40, up 0.73%, maintaining its position above the psychologically significant $60,000 mark. Market attention is largely focused on June 30, the date when Strategy’s STRC perpetual preferred shares will trade ex-dividend and undergo a monthly dividend rate reset. Investors holding the shares prior to the ex-dividend date will receive an initial semi-monthly dividend payment of $0.48 per share on July 15. The dividend reset is viewed as a particularly significant development. STRC is currently trading around $73—approximately 27% below its $100 par value—pushing the effective yield to around 15%. Some investors anticipate that Strategy will raise the dividend rate from its current 11.5% level to better reflect market pricing. Weakness in STRC has reignited debate over Strategy’s capital-raising model. In an interview, Brad Garlinghouse stated that he remains optimistic about Bitcoin but argued that the company's reliance on issuing preferred shares to fund additional Bitcoin purchases has negatively impacted the broader cryptocurrency market. Garlinghouse characterized this approach as financial engineering rather than long-term value creation and cited the drop in STRC below its par value as evidence of waning investor confidence in the financing model. He emphasized that his criticisms were directed at the financing strategy, not at Bitcoin itself. Strategy has accumulated a total of approximately 844,000 Bitcoin at an average purchase price of around $75,600 per coin. Given that Bitcoin is trading around $60,350, the company's unrealized losses exceed $12 billion. This paper loss exceeds the total market capitalization of many well-known cryptocurrencies—including Dogecoin, Cardano, Chainlink, Litecoin, and Bitcoin Cash—highlighting the scale of Strategy’s leveraged exposure to the world's largest cryptocurrency. Some analysts question whether the company should temporarily slow its Bitcoin purchases and strengthen its cash position, as falling preferred share prices make raising new capital more difficult. Others argue that while the efficiency of the financing model may have diminished, it remains functional, suggesting that long-term performance hinges on a recovery in Bitcoin's price rather than short-term fluctuations in preferred shares. Cryptocurrency prices today: Altcoins show mixed performance following earlier gains Broader cryptocurrency markets traded mixed on Saturday amidst low trading volumes. Ether rose 0.5% to $1,583.12. XRP gained 1.2%, while BNB fell 1.0%. Solana dropped 0.8% and Cardano declined 1.0%. Among memecoins, Dogecoin fell 0.8% and TRUMP dropped 1.8%. ‍$BTC $XRP $DOGE

This one drop came down, and the chart stopped pretending! 📉🔥 A few days ago before bed, I saw $XRP still oscillating at highs, seemingly about to continue upward, but what I noticed was that volume wasn't following and there was clear resistance above. It would rally a bit and then go soft. Before the chart had fully triggered, I opened a short on XRP around 1.1661 as planned. The logic at the time was simple: no one was buying the breakout, insufficient support, too much bull trap flavor 👀 This is the rhythm. Don't fear it grinding; fear you panicking first. Now the price has come to 1.0528, and this wave's profit directly hit +903.19%, the short position cashed out nicely 🎯💰 The grinding was real, but after it played out, it was truly satisfying. On position sizing, don't be greedy. First close 80% and take profit ✅ The remaining 20% is protected at cost, let profits run if it continues dropping, and don't give back profits on a rebound 🔔 If you missed it, don't chase. Chasing a tail makes the mentality chaotic ⚠️ Wait for the next clear signal, wait for a retracement confirmation, move when a new structure emerges. The market lacks not opportunities, but patience 📌 ‍$BTC $ETH

Doing spot or futures, the core difference can be summed up in one sentence: • Spot: You buy real coins. As long as you don't sell when they drop, they won't go to zero. You can withstand volatility, suitable for long-term holding, dollar-cost averaging, and swing trading. • Futures: Leveraged betting on price movements. Gains come fast, but losses come even faster. You can get liquidated, face forced closure, and one extreme market move can wipe out your entire principal. Second, why ordinary people must choose spot? 1. No liquidation risk#0成本拿2股SK海力士 The maximum loss in spot is when the price goes to zero. But as long as you don't use leverage, don't chase highs, and don't go all in recklessly, you can hold on and won't be forced to close your position. 2. More stable mindset, easier to hold onto profits With futures, you have to stare at the screen all day, constantly anxious, easily falling into buying high and selling low. With spot, you don't have to stay up all night guarding your position. Holding long term actually earns you more. 3. Truly own the asset#美光市值超越Meta跻身全美前十 Spot coins can be withdrawn to your wallet—they are your digital assets. Futures is just betting on price; you earn the difference but don't own the coins. 4. Simple rules, no need to learn complex mechanisms You don't need to understand margin, funding rates, wicks, or liquidation prices. Beginners can get started quickly. Third, who is qualified to trade futures? (Only consider if all conditions are met) It's not that you absolutely cannot touch it, but you must meet all of these simultaneously: • Have more than 1 year of stable profitable trading experience • Be mentally prepared to lose your entire principal • Strictly control leverage, never use high leverage • Have a complete trading system, set stop losses, and avoid emotional trading • Do not rely on futures to turn your life around; only use small funds for entertainment If you don't meet these? Trading futures is like giving away your money—I'm not just trying to scare you.$ETH Fourth, the most practical advice—read this and avoid a lot of losses 1. Beginners and newcomers: Only do spot, only do spot, only do spot. Dollar-cost average, buy the dips, hold long term—it's 100 times more reliable than messing with futures. 2. Those who have already lost money: Immediately stop futures and switch back to spot. The probability of making back losses with futures is extremely low. The more you add to your position, the deeper you sink. 3. Things you absolutely must not do: No high leverage, no going all in, no chasing highs and selling lows, no borrowing money to trade crypto.$XRP Fifth, one final honest word In the crypto space, surviving longer is ten thousand times more important than getting rich fast. Spot may be slow, but at least it keeps you at the table. Futures seem like huge profits, but for most people, it all ends in nothing. If you just want to accumulate coins and ride the long-term trend, close your eyes and choose spot.$SOL If you're still losing money over and over, starting from scratch again and again, come talk to me. I'll teach you how to make trading simple.