June 13 BTC/ETH Market Morning Report -- Market May See a Turnaround In the blink of an eye, it's the weekend. This week, we moved from high to low, with the market fluctuating widely between 64,000 and 61,000. The highest rebound was around 64,300. From a small timeframe perspective, there are signs of a breakout. Currently, the highs are gradually rising, and the lows are also moving upward, indicating a certain upward demand. If it stabilizes above 64,000, it may trigger a 2,000 to 3,000-point rebound. This is mainly thanks to the recent easing of the US-Iran situation, with a peace agreement about to be signed. That's good—fewer wars mean less suffering. May the world enjoy lasting peace! As for everyone's biggest concern—our short positions this week—if we follow the previous targets near 64,300 for the high and 17,17 for the high, both aiming for 61,000 and 16,10 respectively, and have already reduced or closed positions as per the article's suggested partial profit-taking, then the remaining small positions can continue to gamble or be protected for capital preservation. Regarding the Bitcoin short around 64,000 mentioned in yesterday's article, we are currently slightly profitable. For heavy positions, reduce some immediately. The ETH short at 1710 has not yet provided an entry opportunity. Over the weekend, it's better not to trade. If you really can't control yourself without positions, consider small positions to gamble on another high. Heavy positions are not recommended because there is a high probability of a direct breakout, followed by a batch of short positions being wiped out, then a final deep dip to bottom out, which will mark the start of a new bullish rally! Everyone should seize this rare opportunity for a comeback! Key resistance above is between 64,000 and 65,000. If the market cannot stabilize effectively, it's a good time for short positions. To stabilize, one must admit mistakes and exit promptly. Support levels below are around 63,200, 62,300, 61,000, and 59,300. Bottom-fishing points are near 53,000 to 45,000. For Ethereum, focus on the key resistance zone around 1,690–1,710–1,740. Support levels below are around 1,610–1,580, 1,500, and 1,450. The bottom position is around 14,444–1,122. Note: Keep light positions on short trades above. Bottom-fishing positions are for spot trading. This week's market has mainly oscillated within this range—no breakout above or breakdown below. Support and resistance remain at those levels. Continue to monitor the latest developments between the US and Iran, as they will influence the short-term #我的Gate交易时刻 trend!

#USPPIHits2.5YearHigh The May Producer Price Index (PPI) report has officially shaken up macro expectations. The numbers reveal an even sharper acceleration in wholesale inflation than initial summaries suggested, primarily driven by severe, localized energy shocks. The Raw Data Breakdown The Bureau of Labor Statistics report highlights that headline wholesale inflation is moving fast, though a massive divergence exists between energy-heavy goods and underlying core metrics: Headline PPI (YoY): Rose to 6.5% (above the 6.4% forecast), marking the highest annual reading since November 2022. Headline PPI (MoM): Increased by 1.1%, significantly beating the Dow Jones consensus estimate of 0.7% and matching April's revised 1.1% pace. The Energy Surge: Final demand energy prices skyrocketed 10.7% in a single month. Wholesale gasoline prices alone jumped 23.4%, accounting for more than half of the total monthly increase in final demand goods. The Core Silver Lining: Core PPI (excluding food and energy) rose 0.4% month-over-month, coming in slightly below the 0.5% expectations. Market Implications & The Fed's Dilemma The back-to-back heat from both the CPI (4.2% YoY) and headline PPI reports has fundamentally reshaped the near-term outlook for monetary policy. 1. Fed Pivot Extinguished, Hike Odds Realized With new Fed Chair Kevin Warsh taking the helm for his first FOMC policy decision on June 17, market expectations for interest rate cuts this year have vanished. Instead, federal funds futures are now pricing in a greater than 70% probability of a rate hike by December. 2. Supply-Shock vs. Demand Inflation The divergence between a hot headline PPI (6.5%) and a cooler-than-expected core PPI (0.4% MoM) confirms that this inflation spike is heavily tied to the geopolitical situation involving Iran and the disruption of the Strait of Hormuz. Because this is a supply-driven energy shock rather than an overheating domestic demand issue, the Fed faces a classic central banking trap: hiking interest rates cannot produce more oil, but failing to act risks letting high energy costs bleed into second-round inflation across services and manufacturing. 3. Equity and Asset Class Pressure The reality of higher-for-longer interest rates (with the benchmark currently at 3.50%–3.75%) is keeping pressure on equity markets, forcing a repricing of rich valuations across the major US indices. Concurrently, hawkish Fed expectations have pushed spot gold down, testing critical technical support lines near the $4,000 per ounce threshold. The upcoming June 17 FOMC press conference will be vital. Traders will look closely at whether the Fed views this commodity spike as a temporary geopolitical distortion or a systemic threat requiring tighter monetary policy. ‍$XAUUSD $GT $SOL

$GT $SOL $BEAT Trump awards the only dog, Conan, on the Solana chain, with the handle ending in xBQt!🔥Community consensus for a year, strengthening the base; recently coordinating with the offline ecosystem, which is about to be completed—something is about to break out! The Altcoin Season Index confirms the bear market. On May 17, when Bitcoin (BTC) was approaching $77,000, these two traders were interviewed by BeInCrypto. Since then, the price of Bitcoin has fallen to $61,282, down by about 24% over 30 days. This decline validates the cautious view shared by both. It also matches the market structure that has kept Bitcoin’s price strengthening throughout the past year. The Altcoin Season Index summarizes this with a single number. The metric tracks how many of the top 50 cryptocurrencies over the past 90 days have outperformed Bitcoin. A reading above 75 indicates that a true altcoin season is approaching. A reading of 49 suggests the market is closer to Bitcoin’s trend rather than any altcoin breakout. #TradFiCFD黄金大师赛 #Marvell大涨超11%领涨芯片板块