PermissionedFury

Sara Guo refutes the “AI investment hopelessness” claim: quantifiable work is rapidly being commoditized, while the premium is shifting toward implicit work with high verification costs and private correctness. Taking software as an example, in 2024 only 13% of evaluation tasks were solved, and top-tier intelligent agents in swe-bench surpassed 80%; MIT said programming output increased by 180%, while real-world integration only increased by 30%. When you code into cheap commodities, the only way to ensure that complex systems run in reality is to have a moat for capital. Models cannot sign for responsibility—this is the investment logic of Baseten, OpenEvidence, and Harvey. The Conviction Fund invests in 27 companies, with 6 AI unicorns whose combined valuation totals over $620 billion.

CryptoWorld News, according to Israeli media: Four interception operations were discovered in the Galilee Highlands in northern Israel.

CryptoWorld News reports that Garrett Jin has fully closed his short position in $ZEC, with unrealized profits exceeding $11.2 million. Currently, he still holds a $BTC long position with 5x leverage, but with unrealized losses exceeding $17.84 million.

CryptoWorld News: The Hong Kong Generative Artificial Intelligence Research Center (hkgai) held the "hkgaiv3 Large Model Release and Ecosystem Cooperation Conference" on June 3rd, officially launching the latest version of the local large model hkgaiv3, and unveiling Hong Kong's first productivity-level super intelligent agent to support the development of artificial intelligence in Hong Kong.

CryptoWorld News reports that the market says: Due to the impact of the Iran war, Ghana will increase its foreign exchange sales by 40% for oil imports.

NousResearch releases HermesAgent native desktop client HermesDesktop for public preview, supporting macOS, Windows, and Linux. Upgrades CLI to GUI, using direct host connection and able to connect to the host environment via local file system or SSH tunnel, ensuring state synchronization. v0.15.2 offers an agent control center, supporting over 15 gateways and natural language scheduled tasks, open source under MIT license, available for download through official channels.

Gate.io News: U.S. military: (local time) Tonight, another wave of Iranian drones attempted to attack U.S. forces stationed in Kuwait, but failed to hit the target.

Mars Finance reports that, according to Qianxun Intelligence, “Qianxun Intelligence” has secured RMB 1.5 billion in A+ round financing. Its shareholders include first-tier US dollar funds, major industrial investors, and state-owned capital funds, and existing shareholders are continuing to increase their stakes. The funds raised in this round will be used to focus on three core directions: ongoing R&D and iteration of a next-generation embodied intelligence foundational model; building a global real-data infrastructure system; and promoting large-scale commercial deployment across multi-industry scenarios.

NBC News reports that China is rapidly deploying AI-powered humanoid and service robots in major cities, viewing them as central to global economic and technological leadership. Robots are managing traffic at intersections, demonstrating the coordination of vision, decision-making, and sensor networks. A government-supported ecosystem encourages companies to invest simultaneously in policies, finance, as well as electric vehicles, advanced manufacturing, and AI research. There are also Western concerns about the long-term competitive advantages of vertically integrated supply chains, and discussions around data governance and surveillance, as these systems require monitoring of public spaces.

$BTC | MonthlyThis does not look good for the bulls...

The previous Monthly candle rejected from the Imbalance Zone created during the last move to the downside. After 5 consecutive bearish candles, a pullback to rebalance the PA was not out of the ordinary.

Now we can see that the previous Monthly candle closed as a bearish shooting star, followed by a dump at the start of the current month.

If we look purely at the Monthly Structure, the first decent support zone where we could potentially see a bounce sits around the Quarterly Open region between 68.2k and 66.9k.

That's the area we should be paying close attention to right now.

There are some LTF levels in between, such as the 70.4k Daily EQLs, but that area is not particularly strong and can easily be turned into liquidity, resulting in a move all the way down to the Quarterly Open.

Personally, I am expecting some relief from the 68k-66k region before any further continuation to the downside. My first target for a potential Macro Bottom in this bear cycle remains 58.8k.

If we lose the 58k region, things could get a lot more interesting, with the 49.5k-41.6k region coming into play, followed by a possible exit flush into the 37k-38k region, which has remained my Max Pain target ever since the 120k highs.

This is the plan we’ve been following for the last 6+ months without any deviations, and so far it has played out almost perfectly. It has remained extremely rewarding, helping us position in the right direction while others were in doubt and calling for higher prices.

ME News reports that Aave core member Marc Zeller has proposed terminating the Aave-Chan Initiative Frontier project. He has long managed Ethereum staking nodes on behalf of the Aave DAO and now plans to withdraw all validators and return ETH to the Aave DAO, aiming to protect wETH depositors and relinquish related income to reduce impact on users. It is said that he is active within the Aave ecosystem, participates in incentive mechanisms, and announced in July that he would be leaving Aave.

AIMPACT reported on May 16 that WhatsApp will launch a "Incognito Mode" feature in Meta AI chatbots, where conversations are handled in a secure environment and cannot be viewed by anyone. Users can enable Incognito Mode in one-on-one chats by clicking a new icon, and the feature will also be synchronized to the standalone Meta AI app. Incognito conversations are no longer saved, and content will disappear after the session ends; if the app is closed or the screen is locked, the session ends and context is lost.

BBX News: CFTC promotes compliance openness, Coinbase receives a CFM no-action letter allowing US institutional clients to access global crypto derivatives, permitting Deribit FZE as collateral, marking regulatory implementation after Deribit's acquisition. Meanwhile, JPMorgan CEO Dimon criticizes the CLARITY Act, claiming stablecoin yield incentives bypass regulation, prompting the banking industry to push for amendments; the bill has been passed by the Senate Banking Committee and is now in the full Senate voting stage, ultimately depending on the voting outcome.

𝐃𝐎𝐆𝐄 𝐈𝐒 𝐁𝐀𝐂𝐊 𝐀𝐓 𝐓𝐇𝐄 𝐌𝐎𝐒𝐓 𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐋𝐄𝐕𝐄𝐋 𝐎𝐍 𝐓𝐇𝐄 𝐂𝐇𝐀𝐑𝐓 🐕🚨
🔸 $DOGE is once again testing its long-term ascending support trendline, a structure that has defined major cycle bottoms for nearly a decade.
🔸 Previous touches of this trendline aligned with some of the best long-term buying opportunities in Dogecoin's history.
🔸 While history never guarantees the future, this area is becoming increasingly difficult for market participants to ignore.
🔸 The current setup places DOGE at a major macro decision point that could determine the direction of the next cycle.
💎 𝐖𝐡𝐲 𝐓𝐡𝐢𝐬 𝐋𝐞𝐯𝐞𝐥 𝐌𝐚𝐭𝐭𝐞𝐫𝐬
🟢 Trendline support has held through multiple market cycles.
🟢 Previous major bottoms formed near this structure.
🟢 Risk-to-reward improves significantly near long-term support.
🟢 Historical pattern remains intact until proven otherwise.
📊 𝐌𝐚𝐜𝐫𝐨 𝐂𝐡𝐚𝐫𝐭 𝐎𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬
🔶 2015-2016 cycle bottom formed on trendline support.
🔶 2018-2019 bear market bottom formed on trendline support.
🔶 2020-2021 launchpad originated near trendline support.
🔶 2026 is now testing the same structure once again.
⚡ Markets often repeat behavioral patterns because investor psychology rarely changes.
⚡ The longer a trendline survives across multiple cycles, the more important it becomes for institutional and retail traders alike.
🔥 If DOGE successfully holds this macro support zone, it could establish the foundation for another major expansion phase.
🔥 If support fails, the long-term structure would face its first significant breakdown in years.
👀 For now, DOGE is sitting at one of the most important technical levels on the entire chart.
🚀 Smart money watches support. Smart money watches history. Right now, both are pointing to the same place.
$DOGE ‌