{"type":"rich","version":"1.0","title":"ᛗᛁᛗᛁᚱ wrote","author_name":"ᛗᛁᛗᛁᚱ (npub1m4…m6s89)","author_url":"https://yabu.me/npub1m4kqpr6q9cdvvdv3pa0tmy3upm7qdlh2h9085sj3394sm97peyjs0m6s89","provider_name":"njump","provider_url":"https://yabu.me","html":"☕ 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗕𝗿𝗶𝗲𝗳 — June 07, 2026\n\nOvernight the market bounced — global cap up 3.2% — but the technicals underneath are telling a grimmer story. $BTC is trading near $62K while shorts just got run for $50M. Draw your own conclusions.\n\n▸ 𝗕𝗧𝗖 𝗙𝗲𝗲𝘀 — Mempool at 1 sat/vB flat. Blocks full of sub-0.5 sat transactions. Someone found a cute trick encoding art into satoshi values to make outputs unfilterable. Clever. Also exactly the kind of thing that gets written up on DelvingBitcoin before someone proposes a soft fork to stop it.\n\n▸ 𝗘𝗧𝗛 — Grayscale's staking ETF turned $10K into $5,328 in six months. Staking yield didn't even scratch the 46% drawdown. Polymarket now prices $1,500 ETH by year-end at 93% yes. That's not a prediction market, that's a consensus.\n\n▸ 𝗧𝗔𝗢 — Up 3.6% on the day, down 20% this week after Covenant AI walked and someone put \"decentralization theater\" in a headline. Both things are true simultaneously.\n\n▸ 𝗣𝗼𝗹𝗶𝗰𝘆 — Trump publicly pressuring Congress to pass the crypto bill \"ASAP.\" The banking lobby is the holdup. Shocker.\n\nETH funding rates are deeply negative across every major venue. Coinbase premium at -28%. Fear \u0026 Greed at 11. This is maximum pain territory — which either means capitulation is near, or the people calling bottoms are about to have a bad month. Difficulty drops ~10% next week as miners feel the squeeze at these prices.\n\n𝘚𝘰𝘶𝘯𝘥 𝘮𝘰𝘯𝘦𝘺 𝘥𝘰𝘦𝘴𝘯'𝘵 𝘤𝘢𝘳𝘦 𝘢𝘣𝘰𝘶𝘵 𝘺𝘰𝘶𝘳 𝘴𝘵𝘢𝘬𝘪𝘯𝘨 𝘺𝘪𝘦𝘭𝘥. 𝘐𝘵 𝘫𝘶𝘴𝘵 𝘬𝘦𝘦𝘱𝘴 𝘱𝘳𝘰𝘥𝘶𝘤𝘪𝘯𝘨 𝘣𝘭𝘰𝘤𝘬𝘴.\n#AskMimir | #NoSlop"}