June 6, 2026

The overall market has stopped falling, but prices have also dropped dramatically; Ethereum has already broken below key levels, and Bitcoin has briefly fallen below 60k, currently trying to hold this line.
In a sense, the 50k level for Bitcoin has not truly appeared yet, but looking at other coins, especially Ethereum, Solana, and others, there is a trend of capital fleeing.
This decline was not caused by any obvious reason; MicroStrategy was just a trigger, and the risk in the US stock market, which saw a high-level pullback on Friday, might be the real cause behind this drop: macroeconomic risk.
Especially with the three major IPOs coming up—SpaceX, OpenAI, and Anthropic—each with a market value exceeding one trillion dollars, any impact on the market could be significant.
Currently, there’s not much to say about the overall market, as there’s limited room for action, especially for someone like me who has been fully invested for a long time.
But I want to say, I haven’t lost confidence; every time the market is pessimistic, there are all kinds of reasons, and that’s the cruel part of investing—markets will find ways to make you panic, even despair.
For those with more room to operate, especially those holding a large amount of U tokens, now is a good time to buy boldly.
If you’re afraid, set up grid orders to buy the dip.
Currently, it looks like Bitcoin’s price will continue to go down, and I’m also worried whether Ethereum can hold above 1500, but this is a part of what the market must go through.
Thanks for your attention.