The Fear & Greed Index has dropped to 64. In a bull market, when this value approaches 40, it often signals a strong short-term entry point.Meanwhile, ETF data is showing some notable changes: Over the past 3 days, Bitcoin ETFs have seen net outflows, with BlackRock reportedly selling some of its holdings.On the other hand, Ethereum ETFs are experiencing consistent net inflows.While the inflow volume isn’t large yet, it does mark a positive trend and a potential shift in market sentiment toward ETH.

•

Indicator Analysis – June 4, 2025

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Percentage of coins held >1 year: 62.2% (Below 55% indicates a high-risk zone)

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Ahr999X Index: 2.88 (>9 indicates DCA zone; <0.4 indicates market top)

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Bitcoin Dominance: 64.03% (Near 40% typically signals a market top)

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Fear & Greed Index: 64 (Near 100 indicates high risk; below 10 indicates a bottom-buy zone)

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Bitcoin Rainbow Chart: HODL! (Orange-red indicates high risk; dark blue indicates accumulation zone)

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PI Cycle Indicator Cross Distance: Very far (“Cross” typically signals a bull market top)

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RHODL Ratio: 3115 (>10,000 suggests a top; <300 indicates a strong bottom-buy zone)

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Jiang Zhuoer’s 60-day BTC Gain: 25.8% (>80% signals short-term bubble risk)

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RSI (Relative Strength Index): 70.08 (<45 indicates accumulation; >85 signals a possible top)

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Altcoin Season Index: 22 (<25 = undervalued zone; >75 = bubble zone)

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Bitcoin ETF Net Flow (USD million): -267.5

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Ethereum ETF Net Flow (USD million): 78.2

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DCA / Take-Profit Index: Hold Zone (Ranges: Accumulation / DCA / Hold / Take Profit / Market Top)

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Daily BTC Trend: Uptrend (Options: Uptrend / Downtrend)

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Bull Market Exit Countdown: 105 days remaining

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Source: Bull Market Exit Guide

•

The End of the VC-Era Foundation Model

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Venture capital giant a16z just published a powerful piece calling for the end of the “foundation era” in crypto — and the timing couldn’t be better.It’s time to move beyond outdated structures and build new systems with better incentives, accountability, and scalability.

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Today, foundation employees and board members often receive high salaries without delivering meaningful work. Worse, they’re nearly impossible to fire and face little to no consequences — even when they underperform or actively harm the project.This is one of the core ethical dilemmas in crypto today:Once a token is launched and listed on major exchanges, many founding teams lose the motivation to keep building. There’s little accountability — rugging, ghosting, or simply coasting becomes normalized.

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Full article:👉https://a16zcrypto.com/posts/article/end-foundation-era-crypto/

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

Daily Market Insights

1.TRUMP Team-Associated Address Deposits 4.16M TRUMP to CEX, Valued at Approximately $46.97M

2South Korean Media: Lee Jae-myung Elected President of South Korea

3.Trump’s Social Media Platform Truth Social Submits Bitcoin ETF Application

4.Ethereum Co-founder: Currently in Talks with a Sovereign Wealth Fund of a Certain “Major Country” for a Collaborative Project Based on Ethereum

5.Trump’s Son: Market’s New TRUMP Wallet Launch Unrelated to Trump Organization, WLFI to Release Official Wallet

On-Chain Trends

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Binance Alpha’s Bull Run

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This week’s bull run belongs solely to Binance Alpha. On BNB Chain, it feels like “a spring breeze came overnight, and thousands of meme tokens bloomed.” The explosive rally was led by **$BOB**, the first mover to break out.

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$BOB was the pioneer who “ate the crab” first.And it’s only the beginning — **$Ghibli, $TAT, $BNBXBT**, and $QUA are following closely. With market caps in the hundreds of thousands, just a small push in volume is enough to send them skyrocketing onto the trending list. A few multiples of gain is no longer a dream.The key is, now everyone understands the playbook:Alpha exposure → team accumulation → trending pump → retail FOMO in.

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Beyond Binance Alpha: What’s the next wealth playbook?

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What other trending tokens on the BNB Chain are quietly attracting capital inflows? How can retail investors leverage USD1 and the liquidity waves created by Binance Alpha to seize new opportunities?This article breaks down the BNB Chain wealth meta to help you discover the next big move.

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Read more 👉 https://www.theblockbeats.info/news/58443

Daily report

2025-06-11 Report

📅 June 11, 2025｜Crypto Research Brief

Before We Begin

Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.

This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.

一、Indicators

📊The Market

Currencies: [17,411]

Exchanges: [1,281]

Total Market Cap: [US$3754 B] 1.7%📉

24-Hour Trading Volume: [US$140.18 B]

[BTC 61%📈 ETH 9.4%📈]

Gas: 1.62 GWEI

Altcoin Season Index: [31]

Fear & Greed Index:[68]

（Data sourced from CoinGecko）

🧭Stablecoin Metrics

Market Cap of USD-Pegged Stablecoins: $254.4 B

🔥Liquidation Map

二、SEC&ETF&Policy & Macro Analysis

BTC ETF

ETH ETF

🏙️Macroeconomic Overview

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Divergence Between U.S. Institutional and Retail Investors Resurfaces

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According to the latest trading data from Goldman Sachs, after heavy selling and shorting in April, hedge funds have now entered a full-blown panic buying mode. Last week marked their fifth consecutive week of net buying U.S. equities, with long positions outpacing shorts by approximately 3 to 1. While hedge funds are “chasing the rally” in U.S. stocks, retail investor enthusiasm in Asia is cooling. Korean and Japanese retail investors have turned to short-selling, while buying activity in Singapore has dropped sharply.

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Official data released on Tuesday showed that South Korean retail investors became net sellers of U.S. stocks in May for the first time, while Japanese accounts turned net sellers of U.S.-listed ETFs. In Singapore, the number of traders buying U.S. equities in May fell by one-fourth compared to the previous month.

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The tokenization of US stocks is heating up again. Which on-chain platforms support trading US stocks?

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Recently, the lines between “crypto” and “U.S. stocks” have increasingly blurred. On one hand, U.S.-listed firms like SharpLink and GameStop have seen stock surges after embracing crypto assets. On the other, crypto companies are going public—most notably Circle, which closed its first trading week at $107.7, up 247% from its IPO price of $31. BitMEX co-founder Arthur Hayes even suggested Circle’s debut could spark a wave of crypto IPOs. As excitement builds, on-chain trading of U.S. stocks is quickly becoming a hot trend.

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Learn more 👉https://en.theblockbeats.news/news/58527

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

📰Daily Market Insights

1.Ethereum ecosystem tokens see broad gains, with UNI surging 23.4% in 24 hours

2.Silhouette, a privacy execution layer based on Hyperliquid, completes $3M Pre-Seed funding round led by RockawayX

3.Ethereum Foundation releases the 1TS “Security Challenges Overview” report

4.SlowMist’s Cosmos: Stolen assets from Alby wallet have been recovered

5.HYPE surpasses $42, hitting a new all-time high