1. Market Turmoil Due to Elon Musk and Trump Conflict: Elon Musk and Trump have publicly turned on each other, causing a market selloff in Bitcoin and altcoins.
2. Bitcoin Price Analysis: Bitcoin recently moved around $104,000 but is suspected not to have reached the bottom yet. Market structure has been broken on the daily timeframe, with potential for further downside toward $99,500 or lower before a possible rebound.
3. Market Behavior and Institutional Activity: The recent buyback appears suspicious, possibly driven by large institutions like Michael Saylor, indicating non-organic market moves.
4. Crypto Market Sentiment and Predictions: Caution advised; a retest of lower levels is possible, with a potential bottom forming over the weekend or early next week. Breaks above $106,000 or $107,000 could signal a bullish reversal.
5. Traditional Markets and External Events: Traditional markets may continue to decline due to geopolitical tensions and news involving Musk and Trump, impacting crypto sentiment.
6. Uber Considering Stablecoins: Uber is exploring the use of stablecoins to reduce costs, viewing them as practical for global operations.
7. Institutional Bitcoin Holdings: 116 public companies hold approximately 809,000 Bitcoin worth around $85 billion.
8. Trump vs. Elon Musk Political Dispute: Trump suggested cutting Elon Musk’s government subsidies, leading Musk to threaten decommissioning SpaceX’s Dragon spacecraft. Elon responded by criticizing the bill and making various claims on X, including political allegations.
9. Elon Musk’s Public Dispute: The feud between Musk and Trump has escalated publicly, with calls for a cooling-off period.
10. Ethereum (ETH) Outlook: Indicators suggest a potential bullish breakout for ETH, supported by on-chain metrics, recent upgrades, and institutional interest. However, skepticism remains, with a low probability of reaching new all-time highs by 2025.
11. Ethereum Institutional Inflows: Over $500 million in stablecoin inflows into Ethereum in the past 24 hours, with significant ETH purchases by whales.
12. Ethereum Price Levels: ETH is holding above $2,300 but needs to break above $2,600–$2,800 to confirm a bullish trend; a retest of lower levels around $2,70–$3,30 is possible.
13. Nautilus on Sui Network: Launch of Nautilus, a secure enclave solution for off-chain logic, enabling private, verifiable computations for AI, legal contracts, and DeFi applications.
14. Sooie (SUI) Network Updates: Sooie now allows direct swaps from Trust Wallet, with recent price movements near targeted levels (~$2.85), and potential for further dips to around $2.70 before reaccumulation.
15. DeFi and Hyperliquid (Hype): Hyperliquid dominates DeFi derivatives with 80% market share, offering fast, low-cost, on-chain trading rivaling centralized exchanges. It’s seen as a potential infrastructure shift in DeFi.
16. Hyperliquid’s Profitability: In May 2025, Hyperliquid topped all chains with $7.23 million in gross profit, praised as a decentralized NASDAQ by industry leaders.
17. Hype Price Outlook: Current levels suggest a possible lower high; a breakdown below $31 could signal a bearish trend, while a break above $39 would indicate bullish continuation.
18. Quantive.ai Launch: New multi-chain DEX aggregator providing real-time AI signals based on proven wallet behavior, with features like social sentiment analysis, safety checks, and security insights.
19. Market Caution: Overall, the market shows signs of suspicion due to suspicious buying activity, suggesting caution before entering new positions. Waiting for clearer signals post-weekend is advised.
20. General Advice: Patience is recommended; avoid rushing into trades amid uncertain market conditions and wait for more stable setups.
Summary: The covers a volatile crypto market influenced by geopolitical tensions and high-profile disputes, with technical analysis indicating potential downside before a possible rebound. Institutional activity and innovative projects like Nautilus and Quantive.ai are highlighted, alongside strong DeFi developments with Hyperliquid. Caution and patience are advised for traders amid uncertain macro conditions.