Coin Watch Morning Brief | June 8, 2025 (Sunday)

🧭【Market Overview】

• BTC: $105,717｜+1.2%

Continuing sideways, volatility range tightening, the market is waiting for direction. ETF net inflow is zero, institutions are on the sidelines.

• ETH: $2,519｜+1.9%

Technical rebound, back above $2,500, main force's intention to boost is not strong.

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🔥【Today's Key Points Triple Hit】

1️⃣ $CETUS restarts after collapse, 15% airdrop compensation online

The project team worked overnight to repair, liquidity has been restored to 85%, DeFi security issues have sparked heated discussions again.

Highlights: Will the victims bear the cost? Will there be a “faith rebound”?

(Cetus Protocol will resume operations at 11:00 Beijing time on June 8, with 85%–99% of the affected liquidity restored; a compensation plan of 15% CETUS will be launched: 5% can be claimed immediately, and the remaining 10% will be unlocked linearly over 12 months. The team promises not to issue more tokens and will use reclaimed assets for compensation or market buyback.)

2️⃣ ETF net outflow of 47.8M on Friday, institutional attitude turns cautious

As of June 7, Bitcoin spot ETF overall net outflow is about 47.8M USD, with BlackRock IBIT experiencing the largest outflow (about -130M USD), while Fidelity FBTC and Bitwise BITB saw net inflows of about 22.8M and 31.8M USD respectively.

US stocks rise, crypto does not rise, what does this indicate?

Keywords: Lack of follow-through in the rise, cautious in the short term.

3️⃣ Worldcoin holds the $1.05 lifeline

Last night rebounded to $1.13, bottom temporarily stable, but momentum is weak. Can SBF’s “same model token” make a comeback?

Suggestion: Continue to observe, no rush to take positions.

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📉【On-chain Signals】

• Large USDT transfers to Binance increase, short-term volatility may be approaching.

• ETH on-chain gas fees plummeted, retail enthusiasm has明显 cooled.