RugProofMood

$BTC Three different bear markets. Same bottoming structure.
This hasn't happened yet in this cycle, but I remain HTF bullish.
My view remains simple, we are approaching this bottoming phase, and when it finally arrives, most will remain sidelined calling for lower prices. There's no edge in fighting a pattern that has repeated at every bear market bottom. This time likely isn't different.
I'm positioned for this scenario to play out in the 60–52K region. I'm buying spot, and I'm already in swing longs.

Crypto World News reports that Ma Ji Huang Licheng increased his ETH long position by 465 units on the HyperLiquid platform, approximately $887,877. The current position size is $3,244,485, with the average price adjusted from $1,812.29 to $1,800.71. The current coin price is $1,777.79, and the liquidation price is $1,743.72. This trader previously profited from blue-chip NFTs, but since October last year, his funds have shrunk from over one hundred million dollars to several hundred thousand dollars.

According to The Block, Crypto news: in May 2026, the number of crypto venture capital deals fell to approximately 50, the lowest level since 2021. Both the infrastructure and crypto financial services tracks hit multi-year lows, and investors’ attention has shifted to the AI track as the shortage of early, high-quality project supply is the main reason. Despite the decline in deal volume, total funding remained high, showing a “fewer deals, larger amounts” pattern, with the recent $1 billion funding round completed by market platform Kalshi as a typical example. Analysts believe that the low-noise environment may be a window period for projects with clear use cases and genuine traction.

Kruger states that cryptocurrencies as an asset class have essentially failed after long-term growth and blockchain applications, with most tokens struggling to create lasting value, only stablecoins, tokenization, and prediction markets remaining attractive. Bitcoin is about $67,000, nearly 50% below its 2025 peak, with approximately 15–25% of BTC investors in unrealized losses. Some tokens lack practicality and effective value capture, with founders frequently selling off. Nevertheless, blockchain continues to thrive, with stablecoin supply around $322 billion, and prediction markets trading approximately $6 billion this year.

Mars Finance News: On June 2, it was reported that the green power concept saw a partial rebound, with ShaoNeng Co., Ltd. hitting the daily limit. Datang Power, JinKong Electric Power, Huadian Liaoning, and Beijing Energy Power also followed higher. On the news front, the country’s first green, full-stack AI platform for computing power officially went live and started operating on May 30 in the Hohhot area of the Inner Mongolia Free Trade Zone, filling the gap in regional one-stop computing power model token integrated service trading. (KeGuBao report)

CryptoWorld News: The local government of Russia announced that a fire broke out at the Yerski Oil Refinery in the Krasnodar region following a drone attack.

CryptoWorld News reports that on May 31st local time, an American official revealed that last week Iran launched a ballistic missile attack on a U.S. military airbase in Kuwait, resulting in 4 U.S. service members and 3 contractors being lightly injured. The official stated that all 7 injured individuals returned to duty within 24 hours.

CryptoWorld News: HYPE short position increased by 12,458.66 tokens on May 31, 2026, approximately worth $838,019.41, with a total position size reaching $4,455,851.53. The current profit and loss is -$72,522.68 (-16.28%), with the current token price at $68.33 and the liquidation price at $152.82. This address is short on more than 20 tokens, with a holdings of about $40 million, and has accumulated profits exceeding $91 million.

Mars Finance News: On May 29, the Polymarket development team stated, "The current trading functionality is experiencing issues. The team has identified the cause of the problem and is deploying a fix. Real-time status updates can be viewed on the official status page."

The Hormuz crisis has actually lasted for three months. The oil price shock has been alleviated by the US Strategic Petroleum Reserve, and profits were taken on positions by the end of April. AI is changing the pricing logic: short-term valuations are high and positions are crowded, but the long-term cycles for computing power, energy, and data centers are only just beginning. Gold is not solely a safe haven; it is mainly driven by central bank gold purchases and de-dollarization, serving as a hedge against the depreciation of the US dollar. In the crypto market, since liquidity dried up last October, funds have shifted to AI stocks. The market is currently in a cyclical bear phase, and the next bull market will require a new cycle to arrive.

CryptoWorld News reports that AI programming platform Replit has announced it has received investment from Visa and entered into a strategic partnership. The two parties will explore integrating Visa Intelligent Commerce into the Replit platform, enabling developers to directly access payment capabilities when building AI agents and applications. Visa revealed that more than 1,000 employees are already using Replit for internal prototyping and software creation.