📅 6.18 Morning Briefing: Global Markets in Turmoil, Undercurrents in the Crypto Space
📉 Market Trend Analysis
1. BTC is dragged down by the US stock market, technical factors struggle against macro impacts, market sentiment is under pressure.
2. ETH fluctuates sharply around the 2500 mark, intensifying the battle between bulls and bears, with short-term direction still unclear.
3. SOL, after a brief spike from the PumpFun event, has retreated to 140, showing strong correlation, but its ability to strengthen independently is in doubt.
4. VanEck Solana ETF has entered the DTCC list, but market reaction is tepid, with inflows falling short of expectations.
🌍 Global Macro and Industry Dynamics
1. Federal Reserve Winds: Some officials may lower interest rate cut expectations, increasing market sensitivity.
2. US Policy: The Senate passes the GENIUS Act, with actual impacts to be observed.
3. Tron Expansion: Justin Sun's family invests $100 million in TRX to acquire a US shell company, Tron Inc is set to list on NASDAQ.
4. Traditional Finance Entry: JPMorgan issues commercial deposit token JPMD on the Base chain, accelerating institutional layout.
5. Stablecoin Competition: Liu Qiangdong announces JD.com will apply for stablecoin licenses in multiple countries, competition among giants intensifies.
6. Trump Updates: TikTok ban extended by 90 days, global tariff case will be submitted to the Supreme Court for review.
💡 Crypto Market Highlights
1. Coinbase lists high-risk experimental token Spark (SPK), investors need to be cautious of volatility.
2. PumpFun unblocking triggers a pullback in the Launchpad sector, highlighting market liquidity sensitivity.
3. BBVA Bank recommends high-net-worth clients allocate 3%-7% of their assets to crypto, with increasing institutional recognition.
4. Meme Community Resurgence: Three major accounts return, GMGN community sentiment warms up.
⚠️ Risk Warning: Geopolitical conflicts and policy uncertainty continue to pressure the market; short-term volatility may intensify, caution is advised for holdings.
