As of yesterday, the net inflow of Bitcoin spot ETFs was $216 million, marking another week of continuous net inflow; Ethereum spot ETFs saw a net inflow of $11.09 million, showing some short-term fatigue. Overall, after a short-term dip and rebound caused by geopolitical conflicts, the capital market has a positive attitude towards Trump's potential mediation, and the likelihood of a black swan event has decreased again.

Tonight at 2 AM, the Federal Reserve will announce its interest rate decision for June, and the current market signals suggest that rates will remain unchanged. The focus will be on Powell's comments regarding the economy after the decision, which will provide signals for future economic policies. Based on past experiences, regardless of what Powell says, it is essential for Trump to step in a few times; if there are no clear signals for rate cuts, Trump may really struggle.

The long-awaited (GENIUS Act) has finally passed the U.S. Senate with a high vote count and will take effect officially after Trump signs it. The market's reaction to this act is not significant in the short term, as the benefits have mostly been released in advance. In the long term, it essentially curtails negative statements about cryptocurrencies being akin to air, and there are now basic guidelines for the long-term stable injection of off-market funds into the crypto market.