Today is the first day of June, and the market is relatively dull. Let's look back at the performance of previous Junes to see if we can draw any useful insights. Since 2013, overall, in these 12 years, Bitcoin has had 4 increases and 8 decreases in June, with an average return of -4.98%. Among them, the largest decline was in June 2022, reaching -37.28%, while the largest increase was in June 2016, at +27.14%. If we only look at data after 2020, there has only been one increase in 2023. The overall poor performance in June may be related to the traditional financial market's 'summer slump', where reduced liquidity amplifies price fluctuations. In recent years, June has required special attention to the Federal Reserve's interest rate decision at 2 AM on June 19 and the subsequent implementation and fluctuations related to Trump's tariff war and other policies.