This Week's Highlights:

June 5th: #SEC will host an asset management emerging trends conference, with representatives from institutions such as BlackRock participating;

June 6th: The United States will release the May seasonally adjusted #非农就业数据 and unemployment rate data.

From June 2nd to June 8th, numerous Federal Reserve officials will deliver speeches.

CoinAnk data shows that, from the perspective of market dynamics and the macro environment, a series of events in early June 2025 may impact the cryptocurrency market in the following ways:

Structural Impact of Regulatory and Institutional Movements: The asset management conference hosted by the SEC on June 5th, involving traditional institutions such as BlackRock, could boost market confidence if it releases positive signals regarding crypto assets; however, if it emphasizes stricter compliance, it may suppress speculative sentiment. The SEC's previous decision-making attitude towards ETF physical redemption remains a key variable.

Macroeconomic Data Dominates Market Sentiment: The May non-farm employment data and the intensive speeches by Federal Reserve officials to be released on June 6th are core variables. If non-farm employment exceeds expectations (such as 272,000 people in May 2024), it may strengthen the expectation of the Federal Reserve postponing interest rate cuts, leading to a stronger dollar and #BTC risk assets being under pressure. Conversely, if the data is weak (such as the unemployment rate rising above 4%), it may alleviate liquidity tightening concerns, which is beneficial to the crypto market. In addition, if the statements of Federal Reserve officials are inclined to be "hawkish," it will further amplify market fluctuations.

Comprehensive Impact: Short-term project benefits may trigger local market trends, but the overall direction of the market still depends on macroeconomic data and policy expectations. Investors should be wary of violent fluctuations before and after the release of non-farm data and pay attention to whether the SEC meeting releases signals of a clear regulatory framework, which may provide key support for medium and long-term capital inflows into the crypto market.