Next week, several officials, including Fed Chair Powell, will speak intensively:
At 08:00 on Monday, Fed Governor Waller will speak on the economic outlook at the 2025 Bank of Korea International Conference;
At 00:45 on Tuesday, 2025 FOMC voter and Chicago Fed President Goolsbee will participate in a Q&A session;
At 01:00 on Tuesday, Fed Chair Powell will deliver opening remarks at an event;
At 00:45 on Wednesday, 2025 FOMC voter and Chicago Fed President Goolsbee will participate in a Q&A session;
At 20:30 on Wednesday, 2027 FOMC voter and Atlanta Fed President Bostic, along with Fed Governor Lisa Cook, will attend the 'Fed Listens' event;
At 02:00 on Thursday, the Fed will release its Economic Conditions Beige Book;
At 00:00 on Friday, Fed Governor Kugler will speak at the New York Economic Club;
At 01:30 on Friday, 2026 FOMC voter and Philadelphia Fed President Harker will speak on the economic outlook;
In terms of macro data, at 20:30 on Friday, the U.S. will release the May unemployment rate, U.S. May adjusted non-farm payrolls, and U.S. May average hourly wage year-on-year/monthly data. According to the median from a Bloomberg survey, after job growth exceeded expectations in March and April, economists expect an increase of 125,000 in May. This will keep the average increase over the past three months at a robust level of 162,000. The unemployment rate remains at 4.2%.
If Bitcoin drops below $103,000, the cumulative long liquidation intensity on mainstream CEX will reach $763 million.
If Bitcoin breaks through $105,000, the cumulative short liquidation intensity on mainstream CEX will reach $33.96 million.
Risk preferences are becoming increasingly diverse.
Since December 2024, the gap in liquidation scale has further widened. The liquidation scale of altcoins has far exceeded that of Bitcoin across multiple metrics.
This trend highlights the widening risk gap in the cryptocurrency space. Bitcoin is viewed as a safer institutional-grade asset, while altcoins remain speculative and susceptible to larger losses.
The inflow into Bitcoin ETFs has amplified this gap. As Bitcoin attracts funds, short sellers face a squeeze, and altcoin buyers also find themselves in trouble.
The anticipated altcoin season has led to billions of dollars in long positions being liquidated.
These liquidation trends reflect the changes in the market. Altcoins struggle to catch up with Bitcoin's demand-driven upward momentum. Market sentiment remains selective, with Bitcoin still favored compared to broader market optimism.
Unless funds start flowing back into altcoins, the gap will continue to widen. At this critical stage, leverage remains risky, especially outside of Bitcoin.
Primary projects are launching:
Monad (MON) is a high-performance Layer 1 blockchain built for decentralized applications, aimed at providing higher throughput, scalability, and lower costs for dApps.
The mission is to accelerate decentralization by building blockchains that are 100 to 1,000 times faster than the closest competitors, alleviating the bottlenecks of existing blockchains, and enabling more complex applications and broader adoption.
0 G, full name Zero Gravity, is a leading Web3 infrastructure provider, building a leading modular AI blockchain to create solutions for implementing on-chain AI applications in the Web3 ecosystem. In general, it's about modularity, 7A1, faster speeds, and lower costs. In 2024, 0G also reached strategic partnerships with over 100 industry-leading partners worldwide, covering multiple fields such as gaming, AI, DePIN, etc.
PIN AI (PIN) is an open-source personal AI platform that integrates open-source artificial intelligence and blockchain technology, opening new domains for personal digital experiences while protecting data ownership and privacy. The platform places humans at the center of the AI economy, providing personalized AI and the ability to reclaim data for everyone. With PIN AI, users can retain the value of their data and AI interactions, receiving services tailored to their unique preferences in return.
The primary market is the 'golden key' to discovering hundred-fold coins, but it is not a panacea. The market is full of uncertainties; the significance of research and investment lies in helping us make more rational decisions rather than blindly chasing the myth of instant wealth. By continuously learning and practicing, you can improve your investment research capabilities, gaining an edge in the crypto market to discover truly valuable projects. Hundred-fold coins are not an unreachable dream, but a goal that can be achieved through solid project research. Every in-depth study and analysis lays the foundation for future wealth accumulation. Do not be deceived by short-term market fluctuations; instead, focus on the long-term value and development potential of projects.