Sharlene Darwich KeAu

U.S. and Israeli officials told Axios that the U.S. has made it clear to Israel: If it launches strikes against Iranian nuclear facilities, the U.S. will not participate in joint operations, and Israel will need to bear the military actions alone. Trump also confirmed that this move by Israel 'is very likely to happen' — but the U.S. will only provide defensive support and will not intervene in ground or bombing operations.

Why is the situation so urgent? Interplay of nuclear negotiations and military deployments

U.S. envoy Eli Wiesel plans to travel to Oman on Sunday to talk with Iran in an attempt to reach a new nuclear agreement. If Iran refuses, the U.S. assesses it may abandon diplomatic routes.

After a continuous strong rise, the market has finally welcomed a rational breather.

After the CPI data release in June, although the annual inflation rate of 2.4% was below the market expectation of 2.5%, the crypto market did not cheer but instead showed a typical sentiment of 'buying the expectation, selling the fact': Bitcoin slightly fell by 1.2%, trading at $107,369; Ethereum dropped by 0.96%, currently trading at $2,746.

Does this mean the market is about to reverse into a bear? From the chart, the answer is clear: it does not.

I. Bitcoin: Technical charts still support a medium-term bullish logic.

On the same day that Musk publicly 'apologized' to Trump, Dogecoin (DOGE) prices quietly rose nearly 3%, briefly breaking through the $0.199 level. However, behind this price increase, there was not the familiar 'Dogecoin FOMO-like frenzy'—instead, it was filled with caution, observation, and repression. What exactly happened?

I. Musk's voice, price reaction, retail absence

Dogecoin has started from the support level of $0.1727, and as of the time of writing, it has risen by 2.97%. However, what is most worthy of attention is not the price change, but rather the composition of market participants has changed:

While most of the market is celebrating ETH's return above the $2800 mark, savvy traders have begun to be alert: Is this seemingly smooth rise stepping into a potential supply resistance zone?

Ethereum [ETH] has recently continued to strengthen, successfully breaking through two key resistance areas at $2716 and $2788, forming short-term support at $2774, and continuously pushing upwards above $2800. Many technical indicators are releasing strong bullish signals, and sentiment is quickly tilting towards optimism.

But the question is—Is this really the moment for mindless long positions?

Trump raises the tariff stick again: July 9 may become a turning point for the global market. Is the crypto market ready?

The US is once again at the 'negotiating table' of global trade. This time, it is not due to a spontaneous market crisis, but a tariff storm ignited by Trump.

In a public speech at the Kennedy Center, former President Trump stated emphatically: 'We will send out letters in the coming weeks.' This 'letter' will outline the US's unilateral tariff plans against major trading partners, coupled with his familiar tough attitude - 'Accept or abandon'. As the critical tariff suspension period of July 9 approaches, these words act like a warning siren ringing over the global economy.

If you once thought that stablecoins were just a tool for exchanges to 'act as a bridge', then now, the entire narrative is undergoing a dramatic reconstruction. U.S. Treasury Secretary Scott Bessen recently made a rare and shocking prediction at a Senate Appropriations Committee hearing: the market value of dollar-backed stablecoins will exceed 2 trillion dollars in the coming years. This is a figure that could energize both traditional finance and the crypto market simultaneously.

More importantly, this is not a casual statement, but a clear confirmation from the U.S. Treasury regarding the legalization and institutionalization path for crypto stablecoins.

The Bitcoin core development team has once again pushed this debate about Bitcoin's 'identity' to the forefront.

On June 9, Bitcoin Core officially announced plans to remove the default limit on OP_RETURN data in version 30, to be released on October 30, expanding the original 80-byte limit to nearly 4MB. This change is not just a code revision but a shock to the Bitcoin belief system.

Within just a few hours, the Bitcoin community has once again fallen into a state of opinion fragmentation: supporters shout 'this is to loosen the chains for on-chain innovation', while opponents angrily accuse 'the spirit of Bitcoin has been betrayed', and even some mining pool executives announced their exit as a form of protest.

On June 11, the Bitcoin price failed to break through the key resistance of $111,000 and is currently hovering in the range of $109,000 to $111,000, sparking intense discussions in the market about whether the upward trend has peaked. However, the signals revealed by on-chain data and derivatives market performance may be far more complex and thought-provoking than the superficial price fluctuations.

Whales are silent; could this hide signals of 'accumulation'?

On-chain data platform for Bitcoin shows that the amount of whale funds flowing into exchanges has dropped to a new low in this cycle, at only $2.99 billion. In previous phases before market peaks, this figure often reached highs of $5.3 billion or even $8.45 billion.

Ethereum (ETH) is quietly breaking the silence. Early this morning Beijing time, ETH strongly broke through the $2800 threshold, reaching a high of $2800.74, with a 24-hour increase of 4.08%. This movement not only reignited market expectations for Ethereum's rebound but also indicates that under the current macro backdrop and changes in the on-chain environment, ETH may be brewing new breakthrough momentum.

Why is ETH bouncing back now?

This wave of increase, although not accompanied by extreme FOMO emotions, has seen a subtle change in the underlying capital flows and market structure. According to on-chain data from Mlion.ai, in the past 24 hours, the net outflow of ETH from exchanges has increased by 18%, with a large amount of capital moving out of centralized exchanges into staking or cold wallets, indicating enhanced confidence among holders. Meanwhile, DeFi TVL (Total Value Locked) has also seen a rebound, particularly with the number of active users on L2 networks continuing to rise, bolstering market expectations for the fundamentals of the Ethereum ecosystem.

Just when everyone thought Bitcoin would break through $110,000 and start a new round of increase, the market quietly underwent significant changes.

In the past 24 hours, Bitcoin's price has slightly retreated from a high of $109,162. On the surface, it seems stable, but underneath it all, significant undercurrents are at play - the biggest signal is the large-scale withdrawal of leveraged funds from the futures market. Open interest (OI) has dropped by $1 billion; what emotional signals does this release? Are we approaching a critical point of structural adjustment?

Futures leverage plummets: a signal of liquidity retreat

When a country's tariff policy begins to trigger an urgent warning from the World Bank, we must re-examine the direction of this global economic game. Is it a clever negotiating chip? Or an accelerator toward the abyss of 'de-globalization'?

At the beginning of June, the World Bank rarely issued a warning: due to the ongoing push for increased tariffs by the Trump administration, US economic growth may be directly 'halved' — plunging from 2.8% in 2024 to 1.4% in 2025. The global economy will also inevitably fall into a low-growth trap. This judgment is more impactful than any Wall Street analyst's prediction.

When Bitcoin reignites bullish enthusiasm and the market begins to stir, those high-volatility assets that were once knocked back to their original state re-enter the stage. HYPE, without a doubt, is the most eye-catching of them all.

On June 9, Bitcoin recorded its longest bullish candle in a month, with a single-day increase of 4%. Against the backdrop of BTC's short-term rebound, HYPE also experienced explosive growth, rising by 11.22%, strongly returning above $39, closing at $39.171—just a step away from its historical high.

This is #hype making its second attempt to break through $40 in June 2024, with the previous two attempts ending without success amid market weakness and leverage liquidations. This time, the market seems different.

While the market focuses on the oscillation and consolidation of BTC and ETH, Solana (SOL) has quietly completed a beautiful technical pullback and rebound: after hitting a low of $143 in early June, it rose 8.5% within three days. This trend has rekindled some bulls' hopes, but the question arises— is this a genuine recovery, or just another 'trap' in a structural rebound?

Let us dissect this potential Solana 'counterattack battle' from multiple dimensions.

Support test successful, but the structure remains in doubt.

In the past three weeks, SOL's overall trend has remained under pressure, with the price dropping from $155 to $143, a pullback of 7%. During this period, approximately 2.8 million SOL flowed into centralized exchanges (mainly Binance), which released a subtle signal at the on-chain data level: short-term selling pressure has increased, and the market is beginning to reassess Solana's valuation center.

At a time when the altcoin sector is generally sluggish and mainstream assets have not yet fully recovered their historical highs, BNB has quietly taken center stage again. As of now, BNB is less than 17% away from its historical peak in 2021, far ahead of other top ten tokens by market cap. As a token deeply tied to exchanges, BNB has not been 'washed out' by market cycles; instead, it appears more resilient, more scarce, and more strategic.

This wave of price increase is not an accidental event, but a true reflection of the 'on-chain structural supply-demand contradiction.' Want to gain insight into this hidden advantage? You might want to quickly sort through indicators such as staking depth, burn records, and TVL dynamics using the Mlion.ai data dashboard to clarify the underlying price support logic.

As political authority and technology capital collide head-on, a "super confrontation" that affects market confidence, federal policies, and even the flow of crypto assets is quietly escalating.

The White House is no longer peaceful. The public dispute between Trump and Musk is tearing apart the delicate balance between American politics and business—and the logic behind this conflict is far more than just a “personality incompatibility.”

In early June, at a White House press conference that was widely reported by the global media, US President Donald Trump rarely responded directly to the tensions with Tesla CEO Elon Musk. He said that although he was dissatisfied with Musk's recent fierce attacks on his tax reform bill, he "would not give up Tesla or shut down Starlink," and added a meaningful sentence, "I think if I were him, I would want to talk to me."

When market sentiment turns optimistic, is BTC preparing to sprint to new highs?

Entering June, Bitcoin has once again become the focus of the market. As prices approach the key area of $108,000, many analysts are beginning to revisit a seemingly 'distant' target: $130,000.

But this time, it's not just speculation; data is speaking.

RSI returns to high levels; is $130,000 no longer just a fantasy?

Famous Bitcoin analyst Plan B recently expressed that Bitcoin is approaching the critical range of a relative strength index (RSI) of 75. This technical indicator has signaled strong mid-term rises in several previous bull markets. He noted that once the RSI climbs back above 75, Bitcoin is very likely to challenge the psychological high point of $130,000.

When Ethereum (ETH) ETFs recorded net inflows for 15 consecutive trading days, while Bitcoin ETFs saw significant outflows during the same period, a new market trend is quietly taking shape. Do you really understand it?

Since May 16, spot Ethereum (ETH) ETFs have shown remarkable upward momentum. Data indicates that in just three weeks, total inflows have reached $837.5 million, with net inflows recorded for 15 consecutive trading days. On June 6 alone, $25.3 million flowed into Ethereum ETFs. This wave of funds not only broke previous records but also reignited institutional investors' interest in ETH.

In the world of cryptocurrency, who would have thought that a cute Shiba Inu image could move the emotions of millions of investors worldwide? But do you really understand Shiba Inu (SHIB)?

Since its birth in 2020, Shiba Inu (SHIB), as an ERC-20 token based on the Ethereum blockchain, has quickly gained popularity due to its unique meme culture and community-driven model. In just a few years, SHIB has attracted over 1.5 million token holders and fiercely competed with Dogecoin (DOGE), which was promoted by Elon Musk, becoming a force that cannot be ignored in the global cryptocurrency landscape.

As stablecoins become new infrastructure for international payments, can Hong Kong leverage its first-mover advantage to bridge the last mile for Renminbi digitalization going abroad?

On May 30, Hong Kong's (stablecoin regulations) officially took effect, almost simultaneously with the U.S. passing the (Guiding and Establishing the American Stablecoin National Innovation Act) (GENIUS Act). This seemingly coincidental timing actually reflects the accelerating push for the reshaping of global digital currency rules and the covert battle for international financial order.

In the context of global digital asset regulation shifting from chaotic growth to regulated standards, Hong Kong has keenly captured strategic opportunities and quickly built a legal framework. This not only provides legal support for Hong Kong's own digital asset ecosystem but also opens up institutional imagination space for the exploration of offshore Renminbi (CNH) stablecoins.

When the president and the richest man publicly confront each other, the capital market is bound to be shaken. But have you ever thought that what Tesla really needs to worry about is not a short-term dispute?

In the past week, Tesla's investors experienced a rollercoaster market. Due to the intense clash between Elon Musk and Donald Trump, Tesla's stock price plummeted 14% in just one day, erasing about $138 billion in market value. This collision of politics and capital left the market momentarily in uproar.

The cause was Musk's public criticism of the spending bill supported by Trump, particularly his opposition to cutting electric vehicle tax credits. He pointed out that this bill could increase the U.S. deficit by more than $2.4 trillion. In response to such accusations, Trump did not back down, threatening to cancel government contracts with Musk's companies, while Musk retaliated by threatening to shut down SpaceX's 'Dragon' spacecraft.