Hong Kong, China, three-month unemployment rate in June

#UMB#It is with a heavy heart that we announce Umbrella Network will be ceasing operations in September 2025. It has been an incredible few years since our founding in 2021. Since then, we have launched our innovative Layer 2 oracle solution, our Bridge and Passport solutions, expanded into new ecosystems, and developed our current on-chain oracle solution and partnerships with well-known Layer 1s. We have accomplished so much together.

Recently, a remarkable phenomenon has emerged in the Crypto Assets market. The PUMP coin has been rising for several consecutive days, demonstrating strong market performance. This success is largely attributed to the strategies of its founding team. By issuing Tokens on the Solana Blockchain and charging SOL as fees, they have not only driven the popularity of SOL and MEME coins but also created considerable revenue for themselves. This approach showcases their keen insight and operational capability within the Crypto Assets ecosystem. Now, with the launch of their own Token and continuous rise, PUMP further proves the team's strength and market influence. This series of initiatives not only reflects their grasp of market trends but also demonstrates the ability to remain competitive in the rapidly changing Crypto Assets field. However, investors must remain cautious, closely follow market movements, and make informed investment decisions.

Latest data shows that the alts season index has risen to 80, setting a new high for this year. This indicator strongly suggests that we have entered a fully matured alts season. However, despite the high market enthusiasm, investors still need to be cautious. The prosperity of the altcoin market is often accompanied by high risks and high volatility. While some investors may have profited from it, more may face potential losses. At this stage, rational analysis and prudent decision-making are more important than blindly following the crowd. Professional investors suggest that even during periods of high market sentiment, one should adhere to fundamental analysis and focus on the long-term value and development potential of projects. Additionally, moderately diversifying the investment portfolio and controlling risk exposure is also a wise choice. Regardless of whether you have benefited from the current market trends, it is important to recognize the cyclical nature of the cryptocurrency market. Today's rise may herald tomorrow's decline, and staying alert and vigilant is key to navigating this turbulent period.

Subscribe to Teacher Ma, recoup investment on one order.

After the unexpected performance of the non-farm data, expectations for interest rate cuts have risen: the probability of a 25 basis point cut has reached 98%, and there is even a 14% chance of a one-time cut of 50 basis points. This expectation hangs like the sword of Damocles, carrying the hope for liquidity easing while also concealing risks; every step could trigger market fluctuations. The issues behind the interest rate cut warrant caution. The effect of Favourable Information being exhausted is the primary concern; the market is highly anticipatory, and in the months leading up to the rate cut, investors have already positioned themselves in advance, incorporating potential upward space into their decisions, which is reflected in the current market conditions. It’s like having too many spoilers before a movie release, resulting in a lack of anticipation once it premieres; the market may correct itself when the Favourable Information is realized. Meanwhile, large institutions cashing out at high levels exert pressure on assets like Bitcoin, as large holders unload significant amounts, causing the market to sway like a ship suddenly unloading a large cargo, leading to market volatility. The stage for the interest rate cut has not yet begun, but the market battle has already reached a fever pitch. The early digestion of Favourable Information and the exit of institutions suggest that the market will struggle to remain calm after the rate cut. Investors need to consider how to accurately position themselves amid the uncertainties, avoid risks, and seize opportunities. ================================== 💎 💎 ================================== After Bitcoin's price peaked around 116600, it faced resistance and retreated, dropping to a low of 115071 before stabilizing. Currently, it is slightly consolidating within the range of 115500-116000, and it is still operating steadily within an upward oscillation channel, with the overall trend framework remaining unchanged. Despite multiple attempts to break through the previous high points, effective breakthroughs have not occurred due to the lack of sustained momentum, temporarily restraining the upward pace. However, the defensive strength of the key support area below is extremely robust, successfully curbing the depth of the market's pullback. Notably, when the price tests the lower support, it has consecutively recorded candlestick patterns with long lower shadows. This technical signal intuitively reflects that whenever the market retraces to the key support level, buying interest actively steps in, significantly demonstrating the bulls' control over the lower region, laying a solid foundation for the continuation of the upward oscillation trend. ================================== 💎 💎 ================================== Ethereum experienced a slight technical pullback over the weekend, but it remains above the support level of 4600. The short-term trend may continue to face pressure, and attention should be focused on the effectiveness of the support around 4600. On the 1-hour chart, the price rebound is temporarily constrained by the EMA30 moving average (around 4680), with current highs and lows continuously rising, indicating that bulls still hold the dominant position at lower levels. Recently, the candlestick pattern has alternated between small bearish and bullish candles, suggesting that there may be a certain demand for adjustment in the short term. However, from a broader trend perspective, the overall pullback remains relatively small, while the upward trend continues to strengthen amid fluctuations. If the key support level remains unbroken during subsequent multiple pullback formations, the market is likely to initiate another rally. ================================== 💎 💎 ================================== The altcoins are following the mainstream and are being organized accordingly, the altcoin index remains neutral, the market sentiment is still mildly recovering, pay attention to the Bitcoin market share situation, fiat currency buying signals, determine the altcoin activation signals, and Ethereum-related tokens are more influenced by Ethereum!