Quick Weekly Overview

Today, June 3:

- GME stock up 75%

Tuesday, June 4:

- Australia's first spot Bitcoin ETF with direct $BTC holdings to go live on Tuesday

Wednesday, June 5:

- Blockchain Expo North America

Friday, June 7:

- Nonfarm Payrolls for May

- Unemployment Rate for May

Analysis

$BTC has broken above the range high (69k), which is a good sign for bullish continuation.

This week we could see more development for the Ethereum ETF. The SEC's approval of the 19b-4 filings for a spot Ethereum ETF is a significant development. BlackRock and others have updated their S-1 filings, disclosing the fees, and indicating that the ETF could start trading by the end of June or maybe even before.

NVDA stock remains very strong, showing a clear bullish trend. This could affect the crypto AI sector in a good way, especially if $BTC remains bullish.

GME stock just pumped 75% pre-market, now retracing a bit after the stock market has open. This could be good for the memecoins sector.

As mentioned in the previous update, if $BTC stays above $60k (ideally above $65k), altcoins could still give very good returns. With memecoins leading, other interesting sectors should be: AI, RWA, Ethereum ecosystem, Solana ecosystem.

Keeping an eye on OTHERS, OTHERS.D, $ETH/USD and $SOL/USD.

Conclusion

No changes so far. This is a good scenario for a potential altcoin run.

#ETHETF #BTC #AI #ETH #SOL #ETHETFsApproved #altcoins #BlackRock