Key events and trends in the crypto space to pay attention to in June may include the following aspects, analyzing in conjunction with industry dynamics, technological progress, and market sentiment:

1. Macroeconomic market environment Federal Reserve policy and inflation data: The Federal Reserve FOMC meeting on June 12 will announce the interest rate decision, and the market is concerned about whether the interest rate hike path will be adjusted. If rate hikes are paused or dovish signals are released, it may favor risk assets (including cryptocurrencies). U.S. May CPI data (to be released on June 12) and PPI data (to be released on June 13) will affect market expectations for inflation, if data is lower than expected, it may boost Bitcoin and other crypto assets. U.S. Dollar Index (DXY) and U.S. stock volatility: A weaker dollar is usually favorable for cryptocurrencies, need to pay attention to whether U.S. stocks (especially tech stocks) continue to rebound, which may drive the crypto market.

2. Crypto-specific events Bitcoin (BTC) and Ethereum (ETH) Bitcoin ETF fund flow: The inflow/outflow of funds for the U.S. spot Bitcoin ETF will directly impact market sentiment, recent net inflows may drive BTC price. Ethereum ETF progress: The U.S. SEC's approval results for the Ethereum spot ETF (partially approved by the end of May, focusing on details and trading launch time in June), if officially listed, may bring a new round of speculation for ETH. Ethereum ecosystem activities: Changes in ETH staking rate, Layer 2 (such as Arbitrum, Optimism) TVL and new project launches.

Other popular projects Solana (SOL) ecosystem: Whether meme coins and DeFi activities remain active, pay attention to the delivery progress of Solana phone Chapter 2 (launching in June). Toncoin (TON): Integration dynamics in the Telegram ecosystem, such as the adoption rate of TON Wallet and Mini Apps. RWA (Real World Assets) track: Cooperation progress of projects like Ondo Finance (ONDO), Polygon (MATIC), and signals of traditional institutions entering the market.

3. Industry conferences and upgrades Consensus Conference (May 29-31, but the impact may extend to June): Important collaborations and technical upgrades (such as cross-chain and modular blockchain) announced during the conference may become short-term hotspots. Project mainnet upgrades: For example, Aptos (APT) plans to upgrade its network in June, which may be accompanied by token fluctuations. 4. Regulatory dynamics

Progress of the U.S. Crypto Bill: Attention on the FIT21 bill (already passed by the House) discussion in the Senate, if advanced, it may improve regulatory transparency. Compliance issues of exchanges like Binance: Regulatory scrutiny on exchanges (such as KYC, stablecoin reserves) may trigger short-term market fluctuations. 5. Market sentiment and technical aspects Bitcoin halving follow-up impact: Historical cycles show that 3-6 months after halving may enter a bull market, need to pay attention to on-chain data (such as miner sell pressure, exchange inventory). Altcoin Season: If Bitcoin dominance (market cap ratio) declines, funds may rotate to altcoins, focus on new projects with low market cap and high potential.

6. Potential risks

Black Swan events: Exchange hacking incidents (such as the recent DMM Bitcoin theft), stablecoin de-pegging (such as USDC, USDT reserve disputes). Liquidity risks: Traditional market trading volumes are usually lower in summer, which may amplify volatility in the crypto market.

Summary: June operational suggestions for short-term traders: Pay attention to the Federal Reserve meeting, ETH ETF listing time, and Memecoin volatility opportunities.

Risk warning: Beware of sudden regulatory news. This article does not constitute any investment advice; the stock market is risky, and investments carry risks!