West_89

⚪ Remember Litecoin?

Once upon a time, Litecoin was dubbed "digital silver," and it was second only to Bitcoin in market cap. $LTC

Today, LTC remains about 90% below its all-time high and is trading at levels the market hasn't seen since 2013.

The main takeaway: even strong and popular crypto projects don't guarantee the preservation of purchasing power over the long haul. Over the past 13 years, LTC holders have essentially seen no significant capital gains, while BTC and some newer assets have shown much better performance.

This is a great example of how in the crypto market, it’s not just about "buy and hold," but also about choosing the right assets and periodically rebalancing your portfolio. 📉📈

🇺🇸 Сім’я Трампа отримала прибуток у розмірі 2,3 мільярда доларів від своїх криптовалютних підприємств.
$WLFI $TRUMP $MELANIA

Fidelity ETF clients scooped up $28.6M in $ETH this week, marking the strongest weekly buy in two months.

Monthly RSI levels $BTC are hitting new lows.

We're currently more oversold than in almost all other cycles.

🟠 $BTC is holding $61.8k and targeting $68k.

After reacting to the US CPI data and Trump's statements, Bitcoin is showing relative strength and continues to hold above key support — the 200-week moving average around $61.8k.

Liquidity beneath the current price has largely been accumulated, so market attention is shifting to the zones of $68k and $75k, where the next targets for buyers are concentrated.

To confirm BTC's bullish structure, it needs to establish itself above the local high of $64.4k. If a successful breakout occurs, the chances of continuing the move towards higher targets will significantly increase. 🚀

🚔 $BTC: another tale of kidnapping for Bitcoin access

A 22-year-old from the USA has pleaded guilty in a scheme involving the kidnapping of individuals to gain access to Bitcoin worth hundreds of millions. The case includes the theft of a Lamborghini Urus, as well as the abduction of the parents of a person believed to possess a significant Bitcoin stash.

The accused was involved in the planning, funding, and surveillance. He faces up to 20 years in the slammer. 🚔

📉 $BTC і $ETH: pressure from ETFs

In the last 24 hours, spot BTC ETFs recorded a net outflow of ~$213.9 million. Spot ETH ETFs saw another ~$35.5 million.

Capital is exiting both markets simultaneously. This is a clear signal of cooling demand in the institutional segment.

🟢 Buyers are back in the game

* BTC: $62,869 $BTC
* ETH: $1,658 $ETH
* Market Cap: $2.15T (+2.10%)
* RSI: 48.7 (almost 50)
* MACD: +0.10 (slightly bullish)
* Fear: 16 (extreme fear)

Conclusion: The market has bounced back, reclaiming nearly all of the previous dip and is back above $2.15T. As long as BTC holds above $62k, the chances for a continued rally remain high. For a real reversal, we need to secure above $64–65k. 📈

🇺🇸🕵️‍♂️ The US government is back at it, selling tokens!

The US government's wallet (forfeited FTX Alameda funds) just deposited 98 590 $LINK ($768K) on Coinbase Prime.

💼 $400M in a week in the stock segment of Binance

The platform has racked up direct trading of US stocks at $400M AUM in just the first week. Over 80% of the volume was generated by users from emerging markets.

The service has been live since early June: settlements in USDT/USDC, minimum ticket — $5, trading 24/5. The conversion rate is also strong: about 10% of page visitors registered, and 64% of them have already executed at least one trade.

🔍 $BTC is holding key support

On Binance, there's over 4,135 BTC in limit buy orders within the $59,000–$61,000 range. This is the zone where demand is already propping up the market.

Meanwhile, short-term holders have seen unrealized losses rise to $16.4 billion — a record for the current cycle. For BTC, this is a clear signal: support is being tested under pressure, but the buyers haven’t given up their positions yet. 🟠

Ethereum's network activity is hitting all-time highs.

Yet, the price looks dead!

Daily active addresses are hovering close to the network's historical peak.

🔹 2018 peak: ~720K

🔹 Bull market 2021: ~800K

🔹 2025-26: consistently exceeding 1M, with spikes above 1.3M

The network is now seeing more real activity than during the peaks of the previous two bull markets.

And the price is stuck around $1.9K.

Gold has now closed below its 200-day moving average for 3 consecutive days — the longest stretch since October 2023 📉📉

Nvidia $NVDA is now priced higher than India 🇮🇳🤯👀

Almost 44% of Americans say they are financially worse off than a year ago — the highest rate since January 2023.

🏦 $BTC Whales quietly bought Bitcoin on the dip to $60,000

"At the bottom in the range of $60,000–$61,000, the whale trading ratio increased to 61.6%, proving that the whales completely dominated the buys and absorbed the panic.".

📉 BTC and ETH ETFs Under Pressure

In the last 24 hours, approximately ~$77.44 million exited from spot BTC ETFs. Spot ETH ETFs ended the day with a net outflow of ~$40.85 million.

The picture is clear: capital is flowing out of both segments simultaneously. This is a negative for short-term demand in the ETF market.

🔴 The bounce has fizzled out

* BTC: $61,353 $BTC
* ETH: $1,628 $ETH
* Market Cap: $2.11T (-2.96%)
* RSI: 43.1 (weakness)
* MACD: +0.11 (almost lost the bullish signal)
* Fear: 14 (extreme fear)

Conclusion: Buyers couldn't hold the $2.16–2.18T range, and the market has dipped again. As long as BTC stays below $63–64k, the advantage is with the bears. Next key support is around the $60k zone. 📉

SP500 is currently reacting to news that Iran shot down an American Apache helicopter while patrolling over the Strait of Hormuz, and Trump immediately stated that Iran will pay for this.

📈 Surge in Derivative Activity

As we kick off June, the market isn't slowing down here: the combined volume of the top 3 Perp DEX has shot up by 96.6% since June 1st. Meanwhile, CEX futures trading has ramped up by 81%.