Brothers and sisters, tonight is destined to be anything but calm!

🛩️ U.S. Vice President Vance and the Iranian delegation have all arrived in Switzerland, and the first round of formal negotiations is set for 19:30 Beijing time.

This major geopolitical development is directly shaking up the entire crypto market! 🌊

First, let’s look at the overall market trend:

$BTC ‌ : The current price is around $64,218. The moment news about the U.S.-Iran negotiations came out, the market reacted instantly—Bitcoin surged in one move, jumping straight from 63k. From the candlestick chart, the price is being held down just by EMA5 and EMA10. The Bollinger Bands are tightening more and more, and it feels like a compressed spring—only a single direction away!

$ETH ‌ : Chasing the big brother’s footsteps, the current price is around $1,733. This rebound in Ethereum is even more explosive than BTC’s! Today, Grayscale’s research director publicly came out in support of reforms by the Ethereum Foundation, saying they’re a long-term positive for the ETH ecosystem. However, over at AC, they just stepped down from the Sonic Labs board, clearly stating that they only handle technology and do not participate in token or business decisions. The Sonic (FTM) community should pay attention to this impact.

On the macro front: Deutsche Bank raised its U.S. inflation expectations, forecasting that the Federal Reserve could raise interest rates by 50 basis points this year, with action as early as July.

Rising expectations for rate hikes are always like a hanging sword over risk assets.

Also, on June 25, the U.S. House of Representatives will hold a digital finance roundtable to discuss how cryptocurrencies can help people in economically unstable countries protect their assets. Watch closely for regulatory signals.

Right now, the market is driven by news: if U.S.-Iran talks go well, risk appetite can surge and push higher in one wave; if talks don’t go smoothly, risk-averse sentiment will immediately return. Tonight’s negotiation outcome will be the short-term “starter pistol.” 🚦

#我的Gate交易时刻 @Gate_Square