The A-share beverage manufacturing zone rose during the session, Andeli once again hit the涨停, *ST Blue Yellow hit the涨停, Guotou Zhonglu, Knight Dairy, and Panda Dairy all rose over 4%, while *ST Yedao, Lizi Garden, and others followed suit.

A-share beverage manufacturing zone surged, Pinwo Food rose rapidly to over 13%, Yantang Dairy, Liziyuan, Lanzhou Yellow River, ST Xifa, Zhuangyuan Pasture, Junyao Health and other stocks all rose more than 3%.

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Ethereum is struggling at a key resistance level, and the neutral RSI keeps traders on edge Ether [ETH] experienced a surge in the past week, sparking optimism among investors and traders who believed it could signal the start of a much-needed positive trend. However, as the price of Ether gradually retreated, this optimism quickly faded and failed to sustain the pump momentum. As a result, market activity around Ether became less exciting, and the initial enthusiasm gave way to caution. The analysis of the daily chart of Ethereum indicates that the asset experienced a relatively calm trend until a significant pump on August 23. This surge caused ETH to pump by over 5%, rising from around $2,623 to around $2,764. However, the momentum quickly faded, with the following trading day seeing only a minor 0.1% pump. At the time of writing, the trading price of Ethereum is approximately $2,754, a slight decrease of about 0.5%. Analysis suggests that the initial bullish trend triggered by the initial pump in Ethereum's price has stalled due to a lack of sufficient momentum. The Relative Strength Index (RSI) analysis shows that it is currently hovering around the neutral line, indicating a lack of strong directional momentum in the market. In addition, the short-term MA (yellow line) is still a key resistance level around $2,900, and Ethereum has not yet broken through this level. The long-term MA (blue line) is positioned as the next important resistance level, at around $3,200. In order to establish a sustained bullish trend, Ethereum needs to overcome these resistance levels. Until then, the price may still struggle to break through the current range, and the bullish momentum remains uncertain. Recent analysis of the liquidation trend of ETH in the past few days indicates that there have been no significant liquidation trends for several weeks. The only notable activity occurred on August 23, when the price of ETH pumped 5%. On that day, the liquidation amount soared to about $50 million, with short positions particularly affected. Data shows that the liquidation amount of shorts exceeded $34 million. In recent days, the liquidation volume has been relatively low, indicating that traders are more cautious about their positions, which may be due to the current market uncertainty. One positive aspect of Ethereum is that the market sentiment continues to improve, and its sustained positive interest rate is a clear proof. Analysis shows that Ethereum's interest rate has remained above zero, indicating that buyers are still dominant. Positive Intrerest Rate indicates that longs Position continues to dominate, traders are willing to pay a premium to maintain their longs bet on Ethereum. The dominance of longs Position reflects market participants' confidence in the potential price appreciation of Ethereum, despite the recent lack of momentum and cautious behavior in the liquidation trend. (Data Source: Adewale Olarinde)

Odaily Planet Daily News According to official sources, Taiko has announced the details of the TAIKO Token lock-up and vesting plan: 1. Token Distribution Arrangement: Investors: 11.62% of the total token supply Taiko Labs Core Team (First Time Execution): 9.81695% of the total Token supply 2, vesting and unlocking schedule: vesting term: 4 years Initial Lockup: 12 months from TGE TGE Date: June 5, 2024 After the initial lock-up period: 25% of the vested tokens can be unlocked The remaining 75% will be linearly unlocked over the next 3 years. The purpose of this structure is: - Encourage long-term commitment; - Mitigate potential market Fluctuation; - Combine stakeholder returns with long-term project success. As shown in the figure, the green part Token has been released; The yellow part of the Token is expected to be released in 2-4 years; The orange part Fiat Currency follows a strict release schedule: Tokens become available one year after launch, and gradually release over the next three years until all tokens are fully liquid after 4 years from TGE. The pink Token is reserved for protocol development, DAO governance, and prover network, and is expected to be fully distributed over a period of 5 years or more.

Celestia (TIA) becomes the market leader with a 16% surge, catalyst revealed After experiencing a sharp decline of 68% from the All-time high of $20.85 on February 10th, the native token of the modular data availability (DA) network Celestia TIA has seen a significant rebound. On Tuesday, it became the best-performing token in the market, pumping 16.4% in the past 24 hours, and is currently trading at $6.78. Last Friday (July 5th), TIA Token fell to its lowest point in 8 months at $4.16 due to the fall in major cryptocurrency prices and cautious sentiment among bullish investors. However, recent developments have reignited interest in Celestia and restored key indicators to prevent a significant pump. One important resistance level for TIA is its 200-day moving average (EMA) at $7.74, as shown by the yellow line on the daily chart of TIA/USD below. If the bullish trend continues, this will be an important milestone for TIA in the coming days and could lead to further price surges. However, before reaching this level, Celestia must overcome another resistance level of $7.26, which will be an 8-month barrier for bearish investors to prevent the current Rebound momentum from continuing. Market experts and technical analysts DeFiSquared emphasized the nature of Celestia's recent pump trend, and pointed out that although the current market conditions are driven by the lack of practicality of Cryptocurrency, Celestia stands out as a blockchain infrastructure that promotes "real and useful activities". In recent social media posts, experts pointed out that a large part of the data released on Celestia comes from an organized network, which provides permissionless liquidity for on-chain traders, and the demand in this area is continuous and huge. The organized network handles a large part of the market volume, with a daily volume exceeding 5 billion transactions, and it is still rising. According to the analyst, the demand for data availability layer has become evident in order to promote secure and permissionless Liquidity in the on-chain perps market. In this context, Celestia, as a core part of the infrastructure, makes it conducive to achieving a strong market bottom. In addition, the ongoing modular summit (led by Celestia) has increased positive sentiment around the project, with data showing a 40% rise in volume for the Token in the past 24 hours, reaching 2.06 billion dollars. Furthermore, traders attempting to Short the current uptrend, perpetual trading's negative funding rates, and indicators hinting at a potential market bottom all contribute to driving bullish sentiment. The analyst also emphasized that as there are 100 long days left until the vesting cliff, insiders are unable to sell their holdings, which provides additional stability to the market. (Data source: Ronaldo Marquez)

Analysts predict that ChainLink (LINK) pumping to $13 could lead to a 45% price pullback, here's why Against the backdrop of a broad rebound in the Cryptocurrency market from a recent significant adjustment, the price of Decentralization Oracle Machine network ChainLink and its native Token LINK has also seen a recovery. Despite experiencing a 16% price retreat in the past month, LINK has regained its strength, pumping 5% to $13 in the past 24 hours after hitting a six-month low of $11 on Friday. However, warning signals have emerged, catching the attention of Cryptocurrency expert Ali Martinez. Martinez expressed concern about the pattern visible on the LINK daily chart in a recent social media post, suggesting that there may be a significant pullback in the future price. Specifically, the analyst emphasized that during the recent pump to $13, there may be a retest of the neckline of the head and shoulders pattern. Martinez believes this pattern suggests that the downward trend will persist until the right shoulder is broken, meaning that the ChainLink price must surpass the $20 level (right shoulder top) to invalidate this scenario. If this situation unfolds as expected, ChainLink may face a 45% pullback. Martinez previously emphasized that if LINK falls below the support level of $12.70, the likelihood of this pullback is significant. In this fall scenario, the Token price may experience a significant retreat and fall to $6.60. It is worth noting that these levels last appeared in September 2023, when the overall market pump trend had not yet begun, which started in November of the same year. Another analyst Crypto Ambrosio has proposed a similar downward scenario for ChainLink prices in a recent analysis of key indicators. The analyst stated that if the 20-week Exponential Moving Average (EMA) indicated by the yellow line in the chart above is still above the current price trend, it will be a clear bearish signal for the Token. However, breaking through this indicator at $14.75 will invalidate this bearish outlook. In addition, Crypto Ambrosio pointed out that the relative strength index (RSI) is showing a downward trend, further supporting the view of a new downtrend in ChainLink. Analysts pointed out that in order to respond to these bearish signals, LINK must hold the support level of $12. Ambrosio also believes that if ChainLink forms a falling wedge pattern and breaks through the resistance level of $15, it may indicate a bullish reversal and pave the way for further price recovery to the annual high of $22.89 reached in March. The Token must overcome the key resistance level above the trading price of 13.28 USD to trigger a potential price rebound. By analyzing the LINK/USD daily chart, the Token may encounter its first major challenge at a price level of 13.52 USD, which has been acting as a resistance level for the past two months. In addition, in order to invalidate the continuation of the bearish scenario and surpass the 20-week index average, the ChainLink price needs to exceed and consolidate above the resistance level of $14.38. (Data source: Ronaldo Marquez)

On June 2, a series of explosions occurred in the city of Belgorod, Russia, and a missile alert has been issued in the city. According to the report, during the missile alert issued in the Kharkiv mountains of Belgorod city, a series of explosions of different intensity sounded in the shorts, causing the glass of houses to shake. Since April 11, 2022, the terrorism danger level for the entire region of Belgorod Oblast has been raised to high (yellow) level. This necessary measure is due to the deterioration of the situation on the Russian-Ukrainian border and the increase in the activity of the Ukrainian army in the border area. The length of the border between Ukraine and the Belgorod region is 350 km.

On May 28th, CICC data reported that the Joint Declaration of the Ninth China-Japan-Korea Leaders' Meeting mentioned: "We will continue to work to create a global environment of fair competition, fostering a trade and investment environment that is free, open, fair, non-discriminatory, transparent, inclusive, and predictable. We also reaffirm our commitment to maintaining open markets, strengthening supply chain cooperation, and avoiding supply chain disruptions. We agree on the need to continue communication in the field of export controls. We welcome the holding of the China-Japan-Korea Entrepreneurs Forum in 2024. We will continue to encourage local cooperation and improve cooperation platforms including the Pan-Yellow Sea Economic and Technological Exchange Conference."