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According to Cointelegraph, Real Vision's chief cryptocurrency analyst Jamie Coutts stated that Bitcoin may be entering the later stages of a bear market, with the downward momentum beginning to slow.Coutts pointed out that compared to the previous market cycle, Bitcoin's volatility has decreased by about 50%, indicating that the current decline may not be as severe as past bear markets. However, Coutts also warned that markets rarely follow historical patterns so perfectly. "They basically move at their own pace. Currently, all trend indicators are clearly bearish." The good news is that some early technical signs suggest that selling pressure is easing. "I am starting to see momentum indicators showing bullish divergence on longer time frames. This indicates acceleration, or more precisely, that negative momentum is slowing down, but that does not mean that we have technically exited the bear market."

The founder of TRON, Justin Sun, stated that the milestone of 90 billion has finally arrived, marking a critical moment for both Tether and TRON. TRON remains one of the main networks for large-scale settlements of stablecoins.It is reported that with the issuance of TRC20-USDT exceeding 90 billion USD, the scale of stablecoins on the TRON network has reached a new historical level.

In 2026, Sandisk rose over 530% cumulatively, and Micron rose over 230% cumulatively, reflecting the market's demand for companies benefiting from the growth in AI demand in the first half of the year.Subsequently, the Roundhill Memory ETF (DRAM) fell 25% from its peak in June, and the VanEck Semiconductor ETF (SMH) dropped about 12%. After reports that Meta was advancing the sale of excess GPU capacity, AI infrastructure stocks and computing service providers were sold off, and Bitcoin rebounded from a two-year low.

According to Coinglass data, the Coinbase Bitcoin premium index has been in negative territory for 40 consecutive days, with the latest report at -0.1569%. This indicator is often regarded as an important reference for measuring the strength of Bitcoin demand in the U.S. market.

According to Cointelegraph, analysts say that the recovery of Bitcoin depends on the success of the US-Iran peace agreement. On-chain data shows that despite a recent rebound, Bitcoin still appears weak. Nick Ruck, research director at LVRG Research, stated that although Bitcoin briefly recovered to $67,000, "momentum remains weak, with declining trading volume and stagnant on-chain indicators suggesting a lack of confidence in the rebound, which may quickly fade." If the US-Iran ceasefire agreement breaks down, Bitcoin will face a "volatile path," potentially gaining buying interest as a hedge asset, only to be pushed towards key support levels by broader risk-averse sentiment.Swissblock stated on Monday that Bitcoin's price momentum and OBV indicator remain in a state of "weak momentum and low participation," both being negative values. The price momentum indicator is at -1, and OBV is at 1.7 million, at a multi-year low. Swissblock pointed out that in a typical bear market, momentum weakens first, followed by a contraction in OBV, leading to a downward price breakout. History shows that stronger recovery signals appear when both turn positive, and until then, "the risk of retesting the lows remains."

Gate Square officially launched the "#My Gate Trading Moment" themed content collection activity, which will take place from June 10 to June 23, 2026. Users can share their trading reviews, market opinions, investment insights, or advice for Crypto newcomers based on their investment experiences with BTC, meme coins, contracts, US stocks, gold, prediction markets, and more.The activity will be simultaneously covered on the X platform and Gate Square, where participants on the X platform can receive up to 1,000 USDT as an individual reward, and the prize pool can be increased to over 10,000 USDT; Gate Square will also offer multiple incentives such as daily best content awards, continuous participation awards, lucky participation awards, and first-time user rewards. In addition, Gate Square has recently upgraded its certified creator incentive program, launching monthly creation rewards and traffic support rights for high-quality content creators. Users who successfully apply for Gate Square certified creator status can participate in a monthly creation incentive program with over $20,000.During the content collection activity, users can participate in the selection and win rewards by posting original content with the topic "#My Gate Trading Moment" and tagging @Gate__Square on the X platform, or by posting original posts with related topics on Gate Square. Gate aims to accumulate more high-quality content with reference value through real trading stories and market reflections, helping investors grow together.

According to Jinshi, the S&P 500 index has ended its consecutive 9-week upward trend.

According to CoinDesk, Jim Ferraioli, Director of Digital Asset Research at Charles Schwab, stated that the recent weakness in Bitcoin is not due to a decline in institutional demand or Michael Saylor selling Bitcoin, but rather it is losing its position as the market's dominant momentum trading asset.He pointed out that crypto investors have traditionally followed momentum, and currently, momentum has left the crypto space. Funds are flowing into hot narratives such as AI-related stocks and IPOs, with SpaceX's IPO potentially valued at $1.8 trillion, and a number of other IPOs collectively raising over $200 billion, drawing liquidity away from the crypto market. Crypto traders are also speculating on pre-IPO stocks through synthetic derivative contracts on DEXs like Hyperliquid.Ferraioli downplayed the impact of Strategy selling 32 Bitcoins, believing it merely provided a convenient narrative for a broader trend that has already occurred. He noted that while Bitcoin ETFs have expanded access channels, this asset class is still primarily dominated by retail and momentum traders. Summer has historically been a season of weakness for Bitcoin, and there is currently a lack of buying reasons as investors have other options.

According to analyst Adler's latest post, the Bitcoin Impulse indicator, which reflects Bitcoin price momentum, has dropped to -59, indicating that market momentum has quickly turned negative; meanwhile, the 30-day Net Taker Volume Position Change indicator, which measures changes in active buying and selling power, has also fallen below the zero axis for the first time in nearly three months, suggesting that the active buying demand that drove the previous upward trend has basically been exhausted.Momentum indicators typically lead changes in capital flow. Currently, both the fast and slow momentum indicators are in deep negative territory, with the fast momentum close to -90 and the slow momentum quickly dropping to -59 after falling below the zero axis at the end of May. On the other hand, although the 30-day active buying demand indicator has just turned negative, it has not yet entered the "bear market zone."Adler believes that the current market is transitioning from a "buyer-dominated" phase to a "seller-dominated" phase, with an overall risk-off state. If active buying demand further declines and enters the bear market zone, while momentum continues to remain negative, it will further confirm the market's bearish trend; conversely, if active buying returns above the zero axis, it may provide an opportunity for market rebound.

According to Jinshi reports, Goldman Sachs' prime brokerage division stated that as the S&P 500 index continues its historic winning streak, hedge funds bought U.S. stocks at the fastest pace in six months last week.

Recently, the technology sector of the US stock market has continued its structural strength, with AI and leading consumer electronics companies remaining the focus of capital attention. According to Gate market data, NVIDIA (NVDA) is currently priced at about $210.67, with a slight intraday pullback, but the demand for AI computing power and expectations for data center expansion remain core drivers in the medium to long term. In the derivatives market, according to CoinGlass data, NVDAX on the Gate platform reached a trading volume of $4.6 million in 24 hours, with open contracts totaling $3.42 million, both ranking first globally.As global user demand for traditional asset allocation such as US stocks continues to grow, Gate is continuously bridging the gap between cryptocurrency and traditional financial trading scenarios through a unified account system. Users can conveniently participate in trading mainstream global assets such as stocks, metals, foreign exchange, indices, and commodities through a single USDT account, further enhancing cross-market trading efficiency and capital usage flexibility. Gate has launched over 130 perpetual contract targets related to US stocks, as well as over 430 CFD contract targets, and continues to expand its diverse product lines including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.

CryptoQuant analyst Axel Adler stated that Bitcoin has lost its structural upward momentum amid a sharp deterioration in the macro environment, which is an important signal indicating that the market is currently more in a "Risk-off" phase. Until its on-chain "Impulse" indicator returns above the zero axis, every rebound of BTC still lacks confirmation.He pointed out that the recently released fourth part of "Decision Architecture for Bitcoin" focuses on building a macro framework based on the Dollar Index (DXY), 10-year U.S. Treasury yield, and VIX volatility index. The core idea is that not all macro fluctuations will disrupt on-chain structure, but when macro factors truly enter a "dominant mode," even if on-chain data is positive, the market may temporarily lose upward momentum.In addition, CryptoQuant has added a U.S. spot Bitcoin ETF dashboard this week, covering data such as weekly net inflows, cumulative flow, 30-day ETF Flow Momentum, changes in demand over the past four weeks, and fund distribution among various ETFs. Currently, the 30-day ETF momentum is only $362.8 million, while this indicator reached a peak of $13.21 billion in December 2024 and fell to a low of -$5.36 billion in November 2025.Adler emphasized that the Coinbase Premium Index remains an important indicator for observing U.S. spot demand: when this index consistently stays above zero, it indicates that U.S. buying is still supporting the market; if it turns negative, even if BTC rises, its movement may lack genuine support from U.S. demand.

According to Bloomberg, Moment is a fintech company founded by former Citadel Securities quantitative traders and researchers. After signing partnerships with Edward Jones, LPL Financial, and Hightower Advisors over the past year, the company completed a $78 million financing round, led by Index Ventures, with existing investors Andreessen Horowitz and Avra also participating.Moment primarily helps financial institutions automate fixed income and equity trading technology. The company's previous financing round was in July of last year, when it raised $36 million.

10x Research released a report stating that the momentum of altcoins is fading in the early stages, while Bitcoin still dominates, and trading volume has declined again. The upward momentum of altcoins is hindered by the 30-day moving average, failing to break through; if it falls below this moving average, long positions should be closed.The report indicates that the best current positions are BNB (Grayscale ETF application, Coinbase roadmap, etc.) and TRX (Tron actively repurchasing treasury assets, Moscow Exchange launching the MOEXTRX index). Potential profit-taking may occur in: SUI (up 21% this week, CME futures launching on May 29, $143 million treasury staking), ONDO (up 18.4%, collaborating with JPMorgan and Ripple for the first tokenized treasury redemption, part of the infrastructure being built), TON (down 14%, due to security controversies and trust concerns triggered by the deletion of a well-known Telegram account). Avoid ETH, HYPE, TRUMP, MKR. HYPE dropped 9.9% after the ETF launch, a typical case of "buy the expectation, sell the fact."The report also lists three major catalysts for this week: the hearing on the "Clarity Act," Powell's power transition to Waller, and CPI/PPI data.

The globally leading cryptocurrency trading platform Gate has released the special edition "Behind Gate: Dr. Han" for its thirteenth anniversary, presenting the multi-day itinerary of founder and CEO Dr. Han in Hong Kong in a documentary format. The content covers key moments such as team activities, client meetings, media communications, the Gate 13th anniversary blue carpet ceremony, and speeches at the University of Hong Kong, focusing on his high-intensity work pace and external communication dynamics.The video also presents Dr. Han's thoughts on iWeb3, as well as his ongoing viewpoints in public speeches and media communications, covering directions such as intelligent infrastructure and industry development trends. It is mentioned in the film that the 13th anniversary is seen as a new starting point for development, and based on long-term accumulation, the platform has completed phased preparations in technology, products, and global layout.Overall, this issue continues the series' documentary style, reflecting Gate's current accelerated pace in business advancement and industry communication from multiple aspects, including team collaboration, external communication, and brand activities. As the platform enters its 13th anniversary and its global user base surpasses 53 million, its ongoing progress in compliance and global expansion further releases clear signals for the next stage of growth.