6.8 Lab:

1. The expectation of rate cut was pulled to November again, $BTC pulled back, and the lowest fell to 68,300; (I remember that I said this news in April, JPMorgan Chase did it again?)

2. The 16th rune RARE・WIZARD・ORB will be minted in Magic Eden on June 9; (Observe the gas, I will hit some if it is not rolled)

3. The US Bitcoin ETF funds have been inflowing for a record 18 consecutive days, and the options market is betting on Bitcoin to a new high this month;

4. @SOFAorgDAO utility token RCH is online, and a bunch of on-chain DEGENs are rushing wildly, directly filling the big pool; (RCH opened the same as BOME, and the pool was larger than the market value)

4. Non-agricultural data is higher than expected, and the US dollar index DXY is rising in the short term; (non-agricultural expectations + lower expectations of rate cuts should be the main reason for the sharp drop)

5. US interest rate futures traders have significantly reduced their bets on the Fed's rate cut in September;

After the release of non-agricultural data, the probability of the Fed keeping interest rates unchanged until August has increased significantly;

The US non-farm payrolls and unemployment rate both rose in May, and the Fed's rate cut expectations dropped from 70% to 55%;

Try not to open contracts, and the leverage should not exceed 1x.