June is coming soon, who will be the next dark horse?

The market has been very subtle recently, with Bitcoin and Ethereum stable and niche currencies declining.

Bitcoin rebound sentiment is strong, which may be a good opportunity to buy niche currencies at the bottom.

After the news of Ethereum ETF, Bitcoin hit the strong liquidity zone of $71,500, but bulls maintained the price above $67,241, and the bullish trend is obvious.

The overall market is stable, which may push prices to new highs. Volatility may increase before the monthly settlement, but the impact on Bitcoin is limited. Trading volume is lower than expected, and a bullish close may trigger a rebound to the semi-annual settlement.

Data shows that buyer demand has returned and Bitcoin has returned to accumulation mode. ETF funds had a net inflow of $242 million per day last week, and buyer demand has recovered.

BlackRock's funds purchased IBIT, surpassing GBTC holdings, with 414 institutions investing, a positive signal.

Key date June 12, before the release of CPI data, Bitcoin ETF funds may have strong inflows, which is expected to help it reach a new historical high. If the inflation rate drops to 3.3% or lower, the price of Bitcoin will hit a new high.

Regarding the "dark horse" Bome, the circulating market value is about 1.03 billion. Its trend is similar to that of Pepe after it was listed on Binance, but the time is different.

It is necessary to observe factors such as trading volume and Bitcoin trend to determine whether it can achieve a 10-fold increase.

At the same time, pay attention to uncertain factors such as market sentiment, capital liquidity and the US economic recession.

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