📊 Market Overview
Bitcoin is hovering around $105K, maintaining strength after brief dips amid Middle East tensions .
Ethereum has pulled back slightly to $2,526, retracing near $2,500 support .
Global crypto market cap has decreased ~2–3%, currently in the $3.3 trillion range .
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📰 Key Drivers
1. Geopolitical & Macroeconomic Tensions
Rising Israel–Iran tensions triggered a pullback in BTC from $109K to the $103–104K range, causing over $1 billion in crypto liquidations .
Despite that, the Fear & Greed Index remains optimistic (~60), signaling bullish sentiment even amid volatility .
2. Technical Signals & Liquidity
On-chain data shows BTC repeatedly testing support at $57.8K, with potential downside to $56K if it breaks .
ETH's MACD has turned bearish, pointing to possible short-term stagnation .
Liquidity is piling up, raising the flip‑side chance of a major short squeeze later this year .
3. Institutional Activity & Regulation
Ongoing ETF inflows (~ $300 million recently) are lending underlying support to prices .
Institutional confidence is rising: crypto funds hit record highs in May amid easing global trade tensions .
Galaxy Digital CEO remarks reinforce continued institutional expansion into crypto infrastructure and lending .
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⚡ What to Watch
Geopolitical news: Shifts in Middle East tensions could impact crypto volatility.
On‑chain and technical indicators: Watch BTC’s $57.8K level and ETH’s MACD reversion.
Market liquidity metrics: Spotting a potential short squeeze could offer major upside.
ETF flows: Continued inflows may support a sustained bullish trend.
