The altcoin market hotspots are shifting to BSC and Base, experts predict Bitcoin may迎来突破

1. Market Observation and Analysis

Keywords: BASE, BSC, ETH, BTC

Friday's U.S. non-farm payrolls data for May came in slightly higher than market expectations, easing investors' fears of a possible recession. According to the data platform, the market is pricing in a 99.9% probability that the Fed will keep interest rates unchanged in June and 83.4% in July, despite politician Donald Trump calling for a 100 basis point rate cut through social media. The May CPI report due on Wednesday will be the focus of investors' attention, which may shed light on whether the downward trend in inflation is stalling. A well-known investment strategist recently warned that the U.S. government is currently facing a deficit of $2 trillion, which has caused the dollar to continue to depreciate in a 5% Treasury yield environment, and has fallen nearly 9% so far this year. The total U.S. national debt now exceeds $37 trillion, and if passed, the bill would add a further $1.5 trillion to the debt. The strategist predicts that Congress could raise the borrowing ceiling by $4-5 trillion to shore up until the 2028 election. At the same time, he pointed out that there may be a policy turning point between June 15 and July 4: a shift in trade policy to peace, a peak in global defense spending expectations, and a confirmation of US tax cuts. A few timelines to watch out for include: the SNB's possible reintroduction of negative interest rates on June 19; On July 4, Trump may sign a new bill; and media reports that the U.S. side pledged to suspend the 24% tariffs for 90 days, until July 8.

The digital currency market was lackluster over the weekend, with Bitcoin mainly showing a volatile trend, closing last week at $105,734, successfully standing above the 10-day simple moving average. A crypto analyst noted that bitcoin has now held its weekly close above $104,400 for four consecutive weeks, and this previous resistance level has now turned into support. Another trader analyzed the order book liquidity prediction that BTC could have "magnet-like" volatility to attract liquidity. The trader said that the current BTC liquidation data shows an upward signal. A 10% price increase in BTC will liquidate $15.11 billion worth of short positions, and a 10% decline will liquidate $9.58 billion worth of long positions. He expects BTC to see significant volatility this week, with the price likely to break through the $109,000-$110,000 range. While acknowledging that the recent price performance has weakened, its trend model remains bullish and will only turn bearish if the price falls below $96,719.

When it comes to the altcoin market, making money on-chain is becoming increasingly challenging, especially in the Solana ecosystem, where many traders are turning their attention to Base or BSC chains. The DeFAI and InfoFi projects of the BSC ecosystem rose by 166% in TAGGER(TAG)24 hours, and the American Eagle EGL1 rose for 5 consecutive days, becoming a strong MEME coin rising on the BSC chain, ranking first in the USD1 trading rankings, up 66.68% in 24 hours, with a market value of more than $72 million. In addition, the little monk $Janitor, the AI and on-chain data analysis project $CXZI, and the letter concept coins $Z and $E have also become the meme coins that have attracted much attention in USD1 trading. A number of projects with outstanding performance have also emerged in the Base ecosystem, such as the AI token $LAY, which has risen nearly 3 times in 24 hours, with a market value of more than $35 million; TORUS UP 88.1% IN 24H; MAMO's market capitalization is close to $90 million, up 16% in 24 hours; The price of the algorithm innovation project (OPoW) $TIG doubled within 24 hours, and the market value exceeded $76 million.

! HashKey Trading Moments: Altcoin Hot Spot Shifts from Solana to BSC and Base, Analysts Predict BTC May Break $110,000 This Week

2. Key Market Data (as of June 9, 12:00)

• Bitcoin: $105,650 (year-to-date +12.6%), daily spot trading volume $17.918 billion

• Ethereum: $2,495.20 (YTD -25.58%), daily spot trading volume is $11.322 billion

• Market Sentiment Index: 55 (Neutral)

• Average Network Fees: BTC: 3.52 sat/vB ETH: 3.28 Gwei

• Market Share: BTC 63.8%, ETH 9.1%

• Top Trading Platforms 24-Hour Trading Volume Ranking: XRP, ANIME, Bitcoin, ETH, RVN

• 24-hour BTC Long/Short Ratio: 1.0214

• Sector Performance: PayFi increased by 2.3%; stablecoins increased by 1%

• 24-hour liquidation data: A total of 55,999 people were liquidated globally, with a total liquidation amount of 125 million USD, including $20.85 million in BTC, $35.40 million in ETH, and $5.80 million in SOL.

BTC Medium and Long Term Trend Channel: Upper ($106,309.97), Lower ($104,204.83)

• Medium to Long-Term Trend Channel for ETH: Upper channel line (2552.46 USD), lower channel line (2501.92 USD)

*Note: When the price is above the upper and lower bounds, it indicates a medium to long-term bullish trend; conversely, it indicates a bearish trend. When the price fluctuates within the range or passes through the cost zone repeatedly in the short term, it indicates a bottoming or topping state.

3. ETF Capital Flow (as of June 6)

• Bitcoin ETF: -$47.82 million

• Ethereum ETF: +25.2228 million USD (net inflow for 15 consecutive days)

4. Today's Market Outlook

• A trading platform will launch Skate (SKATE)

• The U.S. SEC will hold a roundtable on "DeFi and the American Spirit" on June 9.

• A certain platform will launch the Defi App (HOME on June 10.

• Huma Finance 2.0 staker deposits will be opened on June 10.

• Resolv (RESOLV) will be available on a trading platform on June 10th

• The Base ecological social prediction market Upside will officially launch on June 10.

• US May New York Fed 1-year inflation expectation (June 9, 23:00): Actual value to be announced / Previous value 3.63%

Today's top 500 biggest gainers by market capitalization: Paycoin (PCI) up 43.41%, VICE Token (VICE) up 39.56%, BORA (BORA) up 16.31%, AI Companions (AIC) up 14.35%, Venice Token (VVV) up 12.18%.

5. Industry Hot News

• Data shows: Tokens such as APT, STRK, and IMX will face large unlocks, with APT unlocking approximately $52.7 million.

• This week's macro market outlook: CPI data will again test the Federal Reserve's policy patience, and the gold market may迎来 directional signals.

• A trading platform has recently launched Open Loot (OL)

• Investment institution DWF Labs has purchased 7 types of tokens totaling 6.43 million dollars within a month, currently facing an overall unrealized loss of 13%.

• A certain platform has launched the AB (AB) token, and users with at least 225 platform points can claim the airdrop.

• Trend Research has withdrawn 4,000 ETH from the centralized exchange again, worth approximately 9.97 million USD.

• The DeFi protocol ALEX suffered an attack due to a logical vulnerability, resulting in losses of approximately 8.37 million USD. The team has promised to fully compensate users.

• Circle lost $1.72 billion in potential revenue during its IPO process, becoming the seventh largest underpricing case in IPO history in recent decades.

• In May, the seasonally adjusted non-farm payrolls in the U.S. increased by 139,000, and the unemployment rate for May was 4.2%.

• A platform will launch the Defi App (HOME project.

• The publicly listed company Yuta Logistics announced its strategic plan for digital asset reserves, intending to acquire up to 15,000 Bitcoins.

• IOST completed a $21 million strategic financing round, with investors including DWF Labs.

I personally believe that as investment hotspots shift from Solana to BSC and Base chains, we may see an increasing number of innovative projects emerging on these platforms. For investors, focusing on quality projects within these emerging ecosystems could present good investment opportunities, but it is essential to maintain risk awareness, especially when participating in emerging token investments. This week's BTC trend is worth close attention; if the analysts' prediction of a breakout above $110,000 comes true, it could trigger a new wave of growth across the entire crypto market.