6.05 Poker Morning Report：

Yesterday, I was tortured by the secondary market again, especially with the recent continuous appearance of the guillotine on @binance, I can only say it seems like they don't care at all.

1. The volatility of $BTC is hard to understand, anyway, I feel the probability of going down is extremely high, after all, it broke a new high, and then there were all good news, but it didn’t rise, just sideways and gradually declining, I don't understand if it's not meant to drop significantly;

2. Overall, $ETH, you say it's strong but it's not that strong anymore, but the “project team” is actually starting to do things, not just selling coins;

The Ethereum Foundation announced financial management policies, establishing ETH sale mechanisms and transparency reporting systems;

3. $SOL may be affected by the issuance of tokens by pumpfun, the entire chain started a mass exodus, and after fleeing directly smashed SOL;

4. @binance has continuously seen textbook-style guillotines like $ACT $DEXE $DEGO, only after @1kbxx pointed out did I understand the trading logic, I can only say it was “greatly shocking”;

5. The SEC officially accepted Nasdaq 21Shares' application for SUI ETF listing;

6. The U.S. Senate confirmed Michelle Bowman as Vice Chair of Supervision at the Federal Reserve;

7. Trump: The debt ceiling should be completely abolished to avoid economic disaster;

8. Coinbase announced it will add PancakeSwap (CAKE) to its listing roadmap;

Great news, $CAKE has made it to @coinbase’s roadmap;

9. The Federal Reserve released the May Economic Conditions Beige Book: National economic activity has slightly declined;

10. JPMorgan plans to provide financing services for cryptocurrency ETFs to its clients;

11. BlackRock's BUIDL fund paid out over $10 million in May, setting a record for the highest monthly payout in history;

12. @lookonchain released data on social media stating that since May 11, BlackRock's Ethereum spot ETF ETHA has accumulated 214,000 ETH;

13. WazirX will exit Singapore and move to Panama, with the parent company renamed Zensui;

14. Circle's IPO was oversubscribed by more than 25 times;

15. U.S. Senator Elizabeth: Will propose an amendment to the GENIUS Act to prevent the Trump family from launching a cryptocurrency wallet;

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Maintain “awe and respect” for all market makers and project teams in the secondary market, because they really are unplayable, and I can only play with small funds for high odds, as I cannot participate in any other strategies.

#Bitcoin #ethereum #Solana #Crypto