BlockBeats News, June 1st, CryptoQuant analyst Axel Adler Jr posted, stating, "Despite a brief Bitcoin price pullback to $103,000–$104,000, the fundamentals remain bullish: exchange reserves continue to decline, corporate buying pressure continues to squeeze supply, while long-term holders continue to accumulate, forming a market bottom 'buffer'."
Meanwhile, the macro situation presents mixed signals: PCE inflation slowing has eased some of the Fed's policy pressure, but tariff uncertainty and rising yields have strengthened a 'risk-off' atmosphere, dampening market willingness to grow.
The baseline scenario for next week is for the Bitcoin price to range between $103,000 and $110,000, until new driving factors emerge. If trading volume expands and momentum breaks 20%, accompanied by a breakout above $110,000, it can confirm the market's readiness to test the $115,000–$120,000 range. Conversely, if net inflows turn negative and the price falls below $100,000, it may signal a deeper retracement."
BlockBeats News, June 1st, Strategy founder Michael Saylor once again posted information about the Bitcoin Tracker. He stated, "Orange is my favorite color."
According to past patterns, Strategy always discloses information about Strategy's additional Bitcoin purchases on the day after the related news is released.
BlockBeats News, June 1st, according to Cointelegraph's report, Czech Justice Minister Pavel Blazek announced his resignation after a scandal involving his department's handling of Bitcoin. The Bitcoin in question, valued at nearly $45 million, was originally donated by a convicted drug dealer.
The Czech Ministry of Justice stated that it had raised nearly 1 billion Czech crowns (approximately $45 million) through the auction of nearly 500 bitcoins.
The funds were originally intended to support projects such as digitizing the justice system, combating drug use in prisons, and improving prison guard housing conditions.
However, the source of this cryptocurrency was Tomas Jirikovsky—he was the criminal behind the "Sheep Marketplace," a notorious darknet market known for selling illegal goods.
BlockBeats News, June 1st, Tether CTO Paolo Ardoino posted on social media, stating that in the past 30 days, USDT's minting amount exceeded that of its main competitor by over 5 billion coins.
BlockBeats News, June 1st, according to data from the Ministry of Finance of El Salvador, in the past 7 days, El Salvador has accumulated an additional 8 Bitcoins, bringing its total Bitcoin holdings to 6194.18 BTC, valued at over $644 million.
BlockBeats News, June 1st, according to Cointelegraph, the French government has charged 25 individuals, including 6 minors, in connection with a series of kidnapping and attempted kidnapping cases related to the country's cryptocurrency industry.
The suspects, aged between 16 and 23, are accused of multiple conspiracies targeting cryptocurrency personalities and their families. Currently, 18 suspects are in pre-trial detention, 3 have applied for a postponement of their hearing, and 4 are under judicial supervision.
The core of the investigation is an attempted kidnapping case that took place on May 13th in the 11th arrondissement of Paris. The victims were the daughter and grandson of Pierre Noizat, the CEO of the French cryptocurrency exchange platform Paymium.
BlockBeats News, June 1st, according to Coinglass data, in the history of Bitcoin, out of the 12 "June" market trends since 2013, there have been 6 increases and 6 decreases, with the largest increase occurring in June 2016, when the monthly gain reached 27.14%; the largest decrease occurred in June 2022, when the monthly loss reached 37.28%.
From 2013 to the present, the average return rate of Bitcoin's "June" market trends is -0.35%.
BlockBeats News, June 1st, according to The Data Nerd monitoring, a whale following James Wynn on Hyperliquid still holds a high-leverage BTC/ETH long position worth $2.72 billion,
with the BTC long position leveraged over 30x at a liquidation price of $94,766. The ETH long position leveraged over 25x at a liquidation price of $1,984.