ThisIsTranslateContent:TroyMu

Spot ETF total holdings decreased to 5,485,579.05 ETH on June 18, with a net outflow of 14,113.80 ETH for the day. The main pressures came from BlackRock at -7,546.85 ETH and Coinbase at -5,658.21 ETH, while 21Shares led inflows with +669.56 ETH. As of June 18, the cumulative net outflow was 3,867.71 ETH, further expanding from last week's net outflow of 1,925.66 ETH, with an increased capital pressure of about 1,942.04 ETH.
No wonder Ethereum has been so weak lately, but even so, the lack of a major sell-off indicates that many people still recognize this price of Ethereum. #我的Gate交易时刻

Breaking News
1. The first round of negotiations between the US and Iran at Mount Bierge has concluded, with both sides establishing a technical negotiation mechanism. Iran has released the five key points of the agreement reached in the first round of negotiations.
2. UK Prime Minister Rishi Sunak has announced his resignation. The ruling Labour Party's new leadership nomination process will begin on July 9, and the new leader will take office in September.
3. Iran's Central Bank Governor Hemtati stated that significant progress has been made in recent negotiations regarding the unfreezing of

Positive news has landed, brothers. The hype around the war should settle down for a while. Next, the focus will be on the interest rate cut expectations, so the upcoming key indicators to watch are non-farm payrolls, unemployment claims, and PPI. I personally believe that for a long period, the market will experience wide-range fluctuations. Bulls and bears will trade back and forth, with Ethereum liquidation points controlled above 500 points, and Bitcoin above 10,000 points, which will be relatively safe.
The timeline is roughly around August to complete the final phase of the bear market