Last night, the US stock market brought down the crypto market again! The geopolitical conflict between Iran and Israel has intensified, causing turmoil in the financial markets, with short-term negative impacts on US stocks! The focus is on continuing to rebound and shorting in the short term!

The latest June PMI data shows a slight recovery in manufacturing activity, but the services PMI is below expectations, indicating uneven momentum in economic recovery. The market is paying attention to the non-farm payroll data to be released next week, which is expected to provide further guidance on the Federal Reserve's policy path.

Inflationary pressures in the Eurozone have eased, with a 2.4% year-on-year increase in May CPI, lower than market expectations. The European Central Bank may maintain interest rates at the next two meetings, but market expectations for a rate cut by the end of the year are heating up.

AI-related companies continue to attract capital, with strong stock performance from companies like NVIDIA and Microsoft. The commercialization of generative AI technology is accelerating, and the global AI market is expected to exceed $500 billion by 2025.

Recent investment hotspots in the crypto market:

1. Helium has seen an increase in trading volume due to its migration to the Solana blockchain and focus on decentralized Internet of Things (IoT) networks; its DePIN (Decentralized Physical Infrastructure Network) concept is attracting institutional interest.

2. BRETT is a meme coin on the Base chain, which has recently become active due to the growth of the Base ecosystem and the meme coin craze.

3. TNSR is a NFT market protocol in the Solana ecosystem, which has recently gained capital inflow due to the integration of Magic Eden and an increase in NFT trading volume.

4. AIOZ focuses on decentralized content distribution and AI computing, and has been active recently due to the growing demand for video streaming.