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Bitfire Group stated that the negative premium of Bitcoin on a certain exchange reflects weak buying interest from US institutions. The yield-bearing preferred stock STRC from Strategy once fell below $84, raising market concerns about its sale of Bitcoin. On the technical side, Bitcoin is operating below the 20-day and 50-day moving averages, the daily RSI is around 40, and the Bollinger Bands are trending downward. Bitfire Group believes that Bitcoin may oscillate below the resistance level and test buying support below in the short term. The key resistance levels are at $64,650, $66,900, and $69,800, while the main support level is at $63,500.

BlockBeats News, June 28th, according to LookintoChain monitoring, renowned NFT collector Machi Big Brother recently appeared to have provided funding for his ETH long position on Hyperliquid through the sale of Bored Ape Yacht Club (BAYC) NFTs. The data shows that over the past month, Machi has sold a total of 34 BAYC NFTs, accumulating 326 ETH (approximately $514,000), but suffered a total loss of 399 ETH (approximately $631,000). Among them, Bored Ape #6057 represents his largest loss-making transaction. The NFT was bought four years ago for 76.84 ETH and was recently sold for only 7.65 ETH, representing a loss of approximately 90%. At the same time, Machi's ETH long position on Hyperliquid has recently faced multiple liquidations. LookintoChain stated that he was liquidated again about 3 hours ago, and his current account balance is only about $81,000.

BlockBeats News, June 28th, the Thai Department of Special Investigation (DSI) recently issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of being part of a criminal organization. The organization is suspected of using illegal cryptocurrency mining to launder money obtained from fraud and online gambling. Wang Yicheng, a former leader of the Thai-Chinese Trade Association, has been identified as a key figure in the implicated Chinese investor group. Previously, a 2023 Reuters investigation focused on him, revealing that a U.S. blockchain analytics company had identified cryptocurrency wallets linked to fraudulent activities that had transferred millions of dollars to accounts under Wang Yicheng's name. During the same period, he was actively cultivating relationships with Thailand's political and law enforcement elite. A spokesperson for the Thai Department of Special Investigation stated that Wang Yicheng was charged with theft and violation of the Computer Crimes Act in November last year and is believed to have fled Thailand. Authorities are now working with international partners to locate him. Additionally, Thai authorities have simultaneously issued arrest warrants for 4 unnamed Chinese individuals and 4 Burmese individuals.