Mars Finance News: On May 31, in May, Bitcoin and Ethereum are likely to close the month with bearish candles. As of the time of publication, Bitcoin’s monthly chart is currently down 2.81%, while Ethereum is down 9.98%. Looking ahead to June, the crypto market remains far from optimistic. On the one hand, the four-year FIFA World Cup will officially kick off on June 11, and the already fragile market will struggle to survive under the three-way diversion of US stock market, AI, and the World Cup. At that time, the US stock market and Polymarket will become the primary destinations for market capital and attention. On the other hand, historical data shows that the crypto market’s average return in June is negative, with Bitcoin averaging -0.14% and Ethereum -6.85%. In summary, it is difficult to expect the crypto market during the bear cycle to show an encouraging trend in June. Contrarian coins represented by HYPE, BNB, and ZEC may have some localized opportunities.

BTC0.38%

ETH0.28%

HYPE1.96%

BNB7.1%

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OtcMoonwalker

· 5h ago

-0.14% and -6.85%, BTC's defensive stance is at its maximum, ETH holders silently shedding tears

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QuantumLittleTomato

· 7h ago

Is anyone still talking about ZEC, this old-timer? Is the privacy narrative making a comeback?

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SandwichBlockSam

· 7h ago

BNB's ability to resist declines relies entirely on Launchpool for survival; the ecosystem's fundamentals remain stable.

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GaslightGardener

· 7h ago

Polymarket is indeed attractive, but the World Cup + US stocks + AI are draining liquidity on three fronts, and the crypto market's liquidity is worrying.

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RugWeather

· 7h ago

Capital diversion is the truth, dual bull markets in US stocks and AI, who still plays with coins?

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QuietValidator

· 7h ago

In May, ETH's decline was almost ten points; I feel sorry for the heavy bag holders in the altcoins.

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GlowingHotAirBalloon

· 7h ago

HYPE going against the trend? Checked the on-chain data, and there’s definitely something there.

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OwlAuthorizationMonitor

· 7h ago

Historical June average negative return, this script is so familiar, lying flat to stay safe and sound

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Cryptocurrency June Outlook: The World Cup Intensifies Liquidity Pressures and Diverts Attention, and Historical Performance Is Also Not Promising

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