ChainCatcher news, at the 2025 Lujiazui Forum "Plenary Session II: Enhancing the Coordination of Global Monetary Policies," Zhou Xiaochuan, Vice Chairman of the 12th National Committee of the Chinese People's Political Consultative Conference and former Governor of the People's Bank of China, stated that global monetary policy, including macroeconomic policy, was originally independent and did not require coordination, nor could it be coordinated.However, since the beginning of this century, global economic cycles and macroeconomic conditions have become more aligned, and the macroeconomic status of major countries also affects other nations. Major reserve currency countries need to consider global impacts. Currently, there is no institution responsible for global macro policy coordination, existing in a "three no" state: no institution, no tools, and no consensus.

ChainCatcher news, 10x Research stated, "Against the backdrop of rising oil prices, strong U.S. Treasury yields, mixed employment data, and the Federal Reserve's cautious stance, Bitcoin's macro fundamentals are quietly strengthening.As some altcoins (such as ADA and DOT) may see their treasury funds shift towards Bitcoin, and with key changes in the credit environment, the market is brewing a potential trend reversal. Bitcoin has oscillated around $106,000 over the past month, with a volatility range of ±4%. The longer the consolidation period, the greater the likelihood of a breakout.Although Federal Reserve Chairman Powell is expected to maintain a neutral stance at this week's FOMC meeting, and there are still upward risks for the 10-year U.S. Treasury yield, on-chain indicators continue to support the current price level. As long as it remains above $100,437, the room for a pullback is limited.Geopolitical risks are diminishing, and seasonal factors in summer may lead Bitcoin to continue consolidating in the short term, but a shift in macro signals in the medium to long term lays the foundation for potential gains within the year."

ChainCatcher message, according to 4E observations, as of June 16, 16:00 (UTC+8), Bitcoin (BTC) is currently priced at $106,380, having retreated from a high of $110,300 over the past four days, with a low of $103,700, overall remaining in a weak consolidation range. Although there was an attempt to rebound above $107,000 in the short term, the upward momentum is weak, and bearish sentiment still dominates.The cryptocurrency market is also under pressure. Ethereum (ETH) has fallen below $2,800, and mainstream coins like SOL and AVAX have at one point retraced over 8%, with the total market capitalization dropping to about $3.18 trillion, indicating a continued low risk appetite. On-chain data shows that retail trading activity has weakened, and institutional fund inflows have also slowed.On the macro level, the U.S. reported last week that both CPI and PPI were below expectations, but the Federal Reserve maintained interest rates and released hawkish signals, expecting only one rate cut this year, which triggered market adjustments. The dollar has strengthened in the short term, and U.S. Treasury yields have risen, putting pressure on risk assets.Additionally, there remains uncertainty in the geopolitical situation. The tensions in the Middle East are unresolved, gold continues to rise, while Bitcoin's response has been limited, raising further questions about its safe-haven properties.In terms of regulation, the EU's MiCA regulatory guidelines have entered a substantive implementation phase, with several compliant platforms being approved, which is expected to improve the industry fundamentals in the medium to long term. However, in the short term, the market is still dominated by macro expectations and fund sentiment. 4E reminds investors to pay attention to risks and respond cautiously to market fluctuations.

ChainCatcher news, Cryptoquant analyst Darkfost released a market analysis stating that macroeconomics has become the dominant narrative in today's cryptocurrency market. As a result, key indicators such as the US Dollar Index (DXY) and US Treasury yields are now closely monitored by investors, reflecting the overall state of institutional sentiment and global liquidity. When DXY and bond yields rise simultaneously, capital tends to flow out of risk assets. In such an environment, Bitcoin typically experiences pullbacks. Historically, bear markets in cryptocurrencies have often coincided with strong upward trends in yields and DXY.Conversely, when DXY and yields lose momentum, investors' risk appetite shifts towards risk assets. These periods are often associated with monetary easing or market expectations of interest rate cuts by the Federal Reserve, thereby driving bullish sentiment in the crypto market. Notably in the current cycle, there is an unusual decoupling between Bitcoin and bond yields. Despite yields reaching one of the highest levels in Bitcoin's history, Bitcoin continues to maintain an upward trend, especially accelerating when DXY declines. This anomaly suggests a structural shift in Bitcoin's role within the macroeconomic landscape, as it is increasingly viewed as a store of value. This new narrative may be redefining how Bitcoin responds to traditional macroeconomic forces.

ChainCatcher news, QCP Capital stated in an official channel that the market welcomes the tentative progress in Sino-U.S. relations. President Trump announced a partial withdrawal of the proposed tariff increase plan, and the agreement has entered its final stage, awaiting formal approval. However, the optimistic sentiment remains subdued. The U.S. Secretary of Commerce has taken a hard stance on technology exports, clearly stating that the U.S. "will not provide China with advanced chips." This highlights the trend of divergence in the global supply chain, as the market increasingly incorporates this factor into the pricing considerations of cross-border trade dynamics.Geopolitical tensions have escalated again, as nuclear negotiations have stalled, and the U.S. begins to withdraw diplomatic personnel from the Middle East. Reports indicate that Washington has received warnings about Israel potentially striking Iranian nuclear facilities, triggering a sharp reaction in the oil market. Brent crude oil rose by 7%-9% during the day, as investors shifted to defensive assets, leading to a sell-off of risk assets.Additionally, speculation about Bessent potentially succeeding Jerome Powell as the Chairman of the Federal Reserve has intensified but was quickly downplayed. Bessent publicly reiterated his commitment to serve at the Treasury until 2029. Meanwhile, after U.S. CPI data came in below expectations, President Trump once again pressured the Federal Reserve to "fully cut rates by 100 basis points," citing the unsustainable high cost of debt servicing.In summary, QCP Capital believes that despite a slight pullback, the macro environment remains favorable for institutions to further engage in digital assets and capital allocation.

ChainCatcher news, Matrixport released a report stating that BTC momentum is weakening, while cracks are appearing in the U.S. macroeconomy. Bitcoin has retraced by 3%, Ethereum is down 4%, and Solana has dropped 11%, confirming a shift in market momentum. Two key economic indicators have hit multi-month lows, but most investors are still focused on ETF fund flows. The ISM Non-Manufacturing PMI unexpectedly fell to its lowest level since July 2024, indicating slight economic contraction.Analysts suggest paying attention to oil prices and the dollar index, warning that tariff policies could reignite inflationary pressures, making the Federal Reserve reluctant to cut interest rates too early. If Bitcoin falls below $96,719, it will turn bearish. The report believes that in an environment where economic data may significantly deteriorate, Bitcoin is unlikely to sustain its upward trend.

ChainCatcher news, according to Jinshi reports, French President Macron reiterated that tariffs are not the correct way to address trade imbalances.