Hope Meets Hesitation. Summer Slump?

DAILY MARKET OVERVIEW

Hope, Conflict, and the Summer Slowdown

👋 Hey, Crypto Enthusiasts! Yesterday brought big upside moves. Today? Tables have turned yet again. Let’s dive in.

🌍 Iran’s Peace Offer

Iran surprised many by saying it’s ready to pursue peace in the Middle East, but only if the United States does not get involved. This message was reportedly delivered through mediators like Qatar, Oman, and Saudi Arabia.

Why did this matter?

• The US has traditionally been a major player in Middle East negotiations.

• Iran’s condition for excluding the US was unexpected. It gave hope that a regional peace deal might be possible without outside interference.

• Markets loved it, especially crypto, because peace typically means less risk and more investor confidence.

🔄 Why the Mood Shifted Today

1. The US Sent Mixed Messages

• Donald Trump publicly said he isn’t trying to broker a ceasefire. He insisted he wants a “real end” to the conflict, not just a temporary pause.
  

• Meanwhile, the Pentagon signaled it is still open to a nuclear deal with Iran and is focusing on defensive operations, not escalation.

There's confusion about what the US really wants. That uncertainty is making peace feel more distant again.

2. Fighting Is Still Going On

• Iran attacked Israeli intelligence targets using missiles and drones, likely in retaliation for recent Israeli airstrikes on Iranian sites, including hospitals and a nuclear facility.
  

• This marks the fifth day in a row of back-and-forth attacks between Iran and Israel.
  

• Even with talk of peace, the violence hasn’t stopped, and that’s making investors more cautious.

💹 What Crypto and Markets Are Doing

• After surging yesterday, Bitcoin and Ethereum dropped slightly today.

  • Bitcoin is hovering around $105,000

  • Ethereum is at about $2,550
    

• Investors are pausing to see whether peace talks go anywhere or if tensions worsen.

🗓️ Seasonal Pause?

It’s also worth noting that summer is typically a quieter period for crypto. Trading volumes often dip between June and August as many investors and institutions take a step back.

Combine that with rising geopolitical fears and a potentially hawkish outlook from tomorrow’s FOMC meeting, and we could see the crypto market stall for much of the summer. All eyes are now on the Fed’s tone. If it signals economic caution or rate uncertainty, expect crypto to cool further.

🔍 What Comes Next?

Keep an eye on:

• Mediation efforts by Qatar, Oman, and Saudi Arabia. Can they get Iran and Israel to the table without the US?

• The US’s role. Will they step back or get pulled in deeper?

• Whether Iran-Israel attacks escalate or slow down, this will likely determine short-term market behavior.

• FOMC guidance tomorrow. The tone and outlook could set the pace for the rest of the summer.

🧠 Bottom Line

Yesterday’s peace talk sparked hope.

Today, confusion and renewed fighting reminded everyone that this crisis is far from over.

Markets are now in wait-and-see mode, especially in crypto and oil. The summer slowdown may be starting early.

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SOCIAL SENTIMENT

🤔 Deeper Correction Incoming?

Market conditions may look stable at a glance, but trader sentiment tells a more cautious story.

Bitcoin continues to struggle near the $110,000 resistance level, getting rejected multiple times. With macro uncertainty and geopolitical risks in play, many are preparing for a potential deeper pullback toward the $98,000–$100,000 zone.

⚠️ Altcoins are also vulnerable.

Major caps are already showing signs of weakness, and a 10% to 20% decline across key altcoins is on the radar if BTC breaks lower.

Despite this, the Fear & Greed Index remains in “Greed” territory, and ETF inflows are still positive. However, sentiment could shift quickly as June closes and July begins, especially if risk-off headlines continue.

A recent market outlook from pro trader Hansolar suggests a possible “crab” market in Q3, slow, choppy, and largely range-bound, followed by a stronger recovery in Q4.

While that scenario makes sense, the crypto market is known to move fast and unpredictably. For now, most sentiment leans neutral to slightly bearish as we head into the slower, summer trading months.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Trump’s Crypto Income Surged to $58M in 2024, Expected to Lead in 2025
Donald Trump made $58 million from crypto in 2024, second only to his hospitality earnings. 2025 figures are set to eclipse that.

JPMorgan Files Trademark for Blockchain Asset 'JPMD' Amid Stablecoin Speculation
JPMorgan has filed a trademark for “JPMD,” sparking speculation it’s preparing a new stablecoin tied to its Kinexys blockchain.

Ark Invest Sells $51.7M in Circle Shares as Stock Hits All-Time High
Cathie Wood’s Ark Invest trimmed Circle holdings after its stock surged 13% to $151.06, nearly 5x its IPO price.

Eric Trump Denies Role in Tron Nasdaq Deal Despite Board Connection
Eric Trump claims no “public involvement” in Tron’s Nasdaq debut, despite his position at the bank managing the $210M deal.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Miles Deutscher – I’m Not Buying This Bitcoin Rally (17.06.2025 Summary)

The current Bitcoin rally looks strong, but many traders are ignoring key risks. Miles and Paradise believe it might not be the right time to jump in just yet.

📌 Headline Risk

• Geopolitical news is creating sudden market moves.

• The market is absorbing bad news better now, but it's still unstable.

• Traders can get caught off guard by surprise headlines.

📌 Price Choppiness

• Bitcoin is stuck between 106K and 110K, showing no clear direction.

• This sideways movement makes it hard to trade confidently.

• Many traders are getting stopped out or faked out.

📌 Resistance Levels

• Bitcoin keeps getting rejected near 110K.

• This level acts as strong resistance, not yet convincingly broken.

• Traders become overly bullish too early when it hits this zone.

📌 Safer Strategy

• Wait for a clean breakout above 110K before turning risk-on.

• Alternatively, wait for a dip to 100K or 96K to buy at stronger support.

• Avoid trading in the middle of the range where price is unclear.

📌 Altcoins Outlook

• Most old altcoins likely won’t reach previous highs.

• Newer coins with hype and strong narratives tend to perform better.

• Focus on coins with attention, momentum, or strong communities.

📌 If Bitcoin Pumps Fast

• If Bitcoin suddenly jumps to 120K, there will still be time to profit.

• Fast rallies usually lead to weeks of opportunity in altcoins.

• Don’t rush into poor positions now out of fear of missing out.

📌 Trading Tips

• Avoid trading in unclear zones or during chop.

• Set alerts for key support and resistance levels.

• Don’t rely on Twitter sentiment or influencer hype.

• Use higher timeframes for clearer signals.

📌 Final Advice

• Sitting out is fine if setups aren’t clear.

• Use downtime to research and prepare.

• Be patient and wait for clean entries with clear invalidation levels.

• Focus on long-term positioning, not short-term noise.

🔻 Bottom Line

This rally may not be as strong as it seems. Be cautious, don’t FOMO, and wait for clearer signals or safer price zones before entering big positions.

Jesse Eckel – 3 Base Tokens I'm Buying BEFORE The Coinbase Floodgates Open (17.06.2025 Summary)

Coinbase is rolling out a huge update that will let its 100+ million users easily trade any token on the Base chain directly inside the Coinbase app or website, with no gas fees and no extra steps.

This could massively increase exposure and demand for Base-based tokens, and Jesse shares the top 3 Base tokens he’s buying before this rolls out.

📱 What Coinbase Is Doing

• Adding a built-in DEX router to its main app

• Users can trade thousands of Base tokens without needing MetaMask, bridging, or writing down seed phrases

• Smart wallets are created automatically in the background

• Coinbase won’t charge gas fees at launch

• It will feel like trading any regular token on Coinbase

💥 Why This Is a Big Deal

• Tiny tokens on Base will suddenly be available to a massive user base

• It removes the barrier to entry for non-technical users

• Likely to increase trading volume and token demand

• Other exchanges may copy this (e.g. Binance with BNB Chain, Kraken with Solana)

📈 What This Means for Investors

• Builders will rush to launch on Base to get automatic exposure

• Projects on Base without a token yet may launch soon

• Many small-cap tokens on Base could pump from new user demand

🧠 Jesse’s Top 3 Base Token Picks

1. Unagi (UNA)

• Crypto gaming project that pivoted into AI

• Backed by ex-Ubisoft execs

• Developing AI-powered games and products

• Strong branding and creator community (830K+ social followers)

• Market cap around $2–3 million (very small)

• Massive upside potential with solid execution

2. HANA (AI Agent token from Hannah Studios)

• Launched via the Virtuals platform

• Platform allows users to generate AI videos and images

• Very small market cap (~$342K)

• Strong early product with better UX than most AI tools

• Already being used by major creators on X

• High upside potential compared to similar tokens that only post on X

3. RSC (ResearchCoin)

• Part of the “DeSci” (decentralized science) narrative

• Co-founded by Brian Armstrong, CEO of Coinbase

• Market cap ~$43 million

• Users must buy RSC to fund scientific research

• 9% fee gets locked in the protocol treasury, supporting price

• Clear narrative, easy for influencers to promote

• Could gain major traction once listed on Coinbase

🔍 Final Thoughts

• All 3 tokens are on Base, very small, and positioned for Coinbase exposure

• $UNA and $HANA are plays on the AI trend

• $RSC has a strong narrative and ties to Coinbase leadership

• These tokens could benefit heavily from the Coinbase app upgrade in the coming weeks

• Jesse is betting that these projects will no longer stay in the low millions once more users can access them easily

⚠️ Reminder

This is not financial advice. Jesse is sharing what he’s personally buying, and encourages viewers to do their own research. Crypto is risky, so always be cautious.

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