Author: Hotcoin Research
Cryptocurrency Market Performance
Currently, the total cryptocurrency market cap is $3.34 trillion, with BTC accounting for 61.55%, at $2.06 trillion. The stablecoin market cap is $247.3 billion, with a 7-day increase of 0.56%, of which USDT accounts for 62.14%.
This week, BTC's price showed a downward oscillation, currently at $104,851; ETH demonstrated range-bound oscillation, currently at $2,619.
Among the top 200 projects on CoinMarketCap, a small portion rose while most declined, including: SPX 7-day increase of 26.24%, ZBCN 7-day increase of 133.19%, WCT 7-day increase of 97.2%, SNT 7-day increase of 84.9%.
This week, the US Bitcoin spot ETF saw net outflows of $145 million; the US Ethereum spot ETF saw net outflows of $285.8 million.
The "Fear & Greed Index" on May 30th was 61 (compared to last week), with market sentiment being greedy for 7 days.
Market Forecast:
This week, stablecoins continued to be issued, with the US Bitcoin spot ETF experiencing net outflows, breaking the trend of multiple weeks of net inflows, while the Ethereum spot ETF saw net inflows. After BTC reached a new high last week, profit-taking addresses began to sell, with a 7-day decline of 3.73%. The RSI index is 30.63, showing weakness, and the Altcoin season index is 18. The US April core PCE price index year-on-year was 2.5%, meeting expectations. The Fear & Greed Index returned to neutral.
The probability of the Federal Reserve cutting rates by 25 basis points in June is only 2.2%. Currently, tariff uncertainty still significantly impacts the market. Generally, Bitcoin tends to experience a pullback after breaking to a new high, which is normal. It is expected that Bitcoin will oscillate around $95,000-$105,000 in the coming week, with a focus on ETF inflows and the latest tariff policies of the Trump administration.
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and translating all text while preserving HTML tags and specific terminology as specified.]4. Jito (JTO) will unlock 11.31 million tokens on June 7, valued at approximately $18.33 million, representing 1.13% of the circulating supply;
5. Ethereum Name Service (ENS) will unlock 1.46 million tokens on June 8, valued at approximately $29.75 million, representing 1.46% of the circulating supply.
About Us
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global crypto asset investors. We build a three-in-one service system of "trend judgment + value mining + real-time tracking", through in-depth analysis of cryptocurrency industry trends, multi-dimensional assessment of potential projects, and all-day market fluctuation monitoring. Combined with the bi-weekly "Hotcoin Strict Selection" strategy live broadcast and daily "Blockchain Today's Headlines" news briefing, we provide precise market interpretation and practical strategies for investors at different levels. Relying on cutting-edge data analysis models and industry resource networks, we continuously empower novice investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly seizing value growth opportunities in the Web3 era.
Risk Warning
The cryptocurrency market is highly volatile, and investment itself carries risks. We strongly recommend that investors invest only after fully understanding these risks and within a strict risk management framework to ensure capital safety.
Website：https://lite.hotcoingex.cc/r/Hotcoinresearch
Mail：labs@hotcoin.com
