Bitget UEX Daily U.S.S.O.O.O.O.O., boosted the AI block over expectations; oil price retreated and supply concerns eased; and the signing of the Tripp Housing Act was delayed
I. Hot spots
Federal Reserve DevelopmentsThe annual Federal Reserve pressure test results showed that all large banks passed successfully, removing obstacles to subsequent stock buy-backs and redouts. The tests assumed a severe recession, including a 39 per cent decline in commercial real estate prices, a 30 per cent decline in residential prices and an increase in unemployment to 10 per cent. Despite absorbing more than $70.8 billion in loan losses, the banking capital buffer remained adequate. The market interprets that this reinforces the resilience of the financial system and helps to stabilize investor confidence, but also reflects the continued concern of the Fed about potential downside risks in the economy, which may affect future monetary policy paths。
Major international commoditiesINTERNATIONAL CRUDE OIL FUTURES FELL SHARPLY, WITH BRENT CRUDE OIL FALLING BY ABOUT 4.3 PER CENT TO US$ 73.74 PER BARREL, AND WTI CRUDE OIL FALLING BY ABOUT 3.9 PER CENT TO US$ 70.34 PER BARREL, LARGELY RETURNING TO PRE-I-IRAQ CONFLICT LEVELS. AS MORE TANKERS LEFT THE STRAIT OF HORMUZ, THE SUPPLY CONCERNS EASED. TRP DEMANDS A FASTER FALL IN OIL PRICES, OR FACE INVESTIGATION BY THE MINISTRY OF JUSTICE, FURTHER EXACERBATING DOWNWARD PRESSURE. IN THE SHORT TERM, IT IS EXPECTED THAT THE PRICE OF OIL WILL CONTINUE TO BE SUPPRESSED。
Macroeconomic policyTrump cancelled the original housing bill signing ceremony and press conference, stating that he hoped that Congress would give priority to passing the United States Save Act and stressed that interest rate reductions were key to meeting housing costs and that his own real estate experience had made interest rate policies more important. This has highlighted the policy priority adjustment that may slow down housing supply growth initiatives and have an impact on short-term moods in the real estate market。
Market revisiting
large commodities & foreign exchange performance (real time update)
- Cash gold: approximately us$ 4003/ounce, 24h drop - around 0.4%
- CashSilver: approximately $58/ounce, 24h drop - around 4%
- WTI CRUDE OIL: approximately $70/barrel, 24h drop - about 0.5%
- Brent crude oil: approximately $73.4 per barrel, 24h drop - about 0.5%
- UNITED STATES DOLLAR INDEX (DXY): about 101.6 points, 24h drop + 0.2%
Driver analysis:crude oilPrices have continued to fall, mainly as a result of improved navigation in the Strait of Hormuz, a reduction in supply concerns and a related Trump statement, resulting in a significant decrease in the geo-risk premium。GoldA SMALL INCREASE IN THE DOLLAR INDEX FURTHER WEAKENS THE ATTRACTIVENESS OF THE BANK AS A HEDGE ASSET. OVERALL, AT THE MACRO LEVEL, FED POLICIES ARE EXPECTED TO BE LINKED TO GEO-SCALING, WITH SHORT-TERM LARGE COMMODITIES FACING ADJUSTMENT PRESSURES, BUT IF INFLATION DATA ARE MODERATE, PRECIOUS METALS MAY ATTRACT ALLOCATION AT A LOW LEVEL. IT IS GENERALLY ACCEPTED THAT OIL PRICES ARE EXPERIENCING SHORT-TERM OR CURRENT SHOCKS, AND ATTENTION IS BEING PAID TO THE SUBSEQUENT DYNAMICS OF OPEC+ AND THE FEDERAL RESERVE INTEREST RATE PATH。
Encryption Currency Performance
- BTC$60854, or -3.17 per cent
- ETH: $1619, -3.01 per cent
- Total market value of encrypted currencyAbout $2.19 trillion, or 2.4 per cent
- Market warehouse situation: 24h total blast warehouse of approximately $998 million and additional single detonation warehouse of $799 million
- Bitget BTC/USDTLiquidation maps: THE CURRENT BTC PRICE IS ABOUT $60,829, WITH A MORE BALANCED LIQUIDATION IN THE VICINITY, BUT THE PRICE ABOVE $61,500-$63,500 HAS GATHERED A LARGE AMOUNT OF EMPTY CLEARING LEVERAGE, WHICH COULD TRIGGER A CHAIN OF LOSS AND LOSS IF IT CONTINUES TO RISE, CREATING A “PUZZLING” SCENARIO. THE MAIN SETTLEMENT AREA BELOW IS CONCENTRATED AT $59,000-$60,200, WHICH IS SIGNIFICANTLY SMALLER THAN THE EMPTY LIQUIDATION PRESSURE ABOVE, AND THE LIQUIDATION MAP AS A WHOLE PRESENTS A MORE LIQUID STRUCTURE THAT ATTRACTS PRICES IN THE SHORT TERM。
- NET INCOMING/OUTWARD SPOT ETF: BTC SPOT ETF NET OUTWARDS $17.78 MILLION YESTERDAY。
DRIVER ANALYSIS: THE ENCRYPTION MARKET IS INFLUENCED BY US SHARE TECHNOLOGY TABLE FLUCTUATIONS AND MACRO-RISK PREFERENCES, AND THE BTC IS HEAVILY SUPPORTED BUT UNDER PRESSURE. ETF FLOWS SHOW A GRADUAL NET OUTFLOW OF FUNDS AND LEVERAGE SETTLEMENT INCREASES VOLATILITY. THE UNITED STATES OF AMERICA, WHICH WAS MENTIONED IN THE GOOD WAY EARLY NEWS, WAS OVER-ANTICIPATED TO SUPPORT AI-RELATED THEMES, BUT THE OVERALL MARKET REMAINED CONSTRAINED BY DOLLAR MOVEMENTS AND RISK SENTIMENT. IN THE SHORT TERM, TECHNICAL AND FINANCIAL ASPECTS ARE INTERTWINED, BTC/ETH OR COMPARTMENTALIZED, FOCUSING ON MACRODATA TRANSFER TO RISK ASSETS. THE INSTITUTIONAL VIEW TENDS TO SUGGEST THAT AI INFRASTRUCTURE NEEDS ARE PROFITABLE IN THE LONG TERM, BUT BE WARY OF OVER-LEVERAGING HIGH RISKS。
United States equity index performance
- Finger+0.35%
- Pistol 500: approximately 7,358 points, -0.1 per cent
- Nut fingerAbout 25,477 points, -0.43 per cent
Technology giant dynamics
- NVDA: approximately $199, - 0.52 per cent
- AAPL: approximately $293 - 0.41%
- MSFT: approximately $365, -2.27 per cent
- GOOGL: approximately $345 - 0.24 per cent
- AMZNApproximately $233, - 0.07 per cent
- META: approximately $557 - 0.81 per cent
- TSLA: approximately $375 - 1.59%
- SPCX: approximately $154, -1.01 per cent
PERFORMANCE SUMMARY AND DRIVER ANALYSIS: US STOCK INDEX RISES AND FALLS, INDICATING RELATIVE ROBUSTNESS AND PRESSURE, MAINLY AS A RESULT OF CHIP STOCK ECHOES. THE U.S. DOLLAR HAS SIGNIFICANTLY EXCEEDED EXPECTATIONS AND INCREASED ITS DIRECTION, BOOSTING AI ' S CONFIDENCE, BUT SOME OF THE RELEVANT SHARES OF THE MEMORY STILL FACE ADJUSTMENTS. HWANG IN-HOON EMPHASIZED AT THE SHAREHOLDERS' CONFERENCE THAT AI HAD ENTERED THE PROFIT AGE AND THAT THE CONCEPT OF “AI FACTORY” REINFORCED LONG-TERM OPTIMISM. THERE IS A SIGNIFICANT FRAGMENTATION OF SHARES: AI INFRASTRUCTURE DEMAND DRIVES THE STRENGTH OF SOME COMPANIES, WITH VARIATIONS DUE TO SPECIFIC EVENTS OR VALUATION PRESSURES. THE OVERALL SCIENCE AND TECHNOLOGY SECTOR STRIKES A BALANCE BETWEEN MACRO-UNCERTAINITIES, AND THE AI THEME REMAINS A CENTRAL NARRATIVE。
Plank Instant ObservationTHE SEMICONDUCTOR-RELATED PLATES WERE DIVIDED BY THE UNITED STATES OF AMERICA, WITH SOME STRONG REBOUNDS. THERE HAS BEEN A SIGNIFICANT INCREASE IN THE NUMBER OF UNITS REPRESENTING THE UNITED STATES OF AMERICA, SUCH AS CD-ROMS, DRIVEN BY STRONG AND GUIDED STORAGE REQUIREMENTS FOR AI. THE REPUBLIC OF KOREA MARKET, KOSPI, AND RELATED SHARES SUCH AS SK HERCULES, HAVE INCREASED TO REFLECT THE GLOBAL CHAIN OF STORAGE INDUSTRIES。
III. In-depth interpretation of United States shares
1. Optical technologyMU- FINANCIAL EXPECTATIONS ARE HIGH AND AI STORAGE REQUIREMENTS ARE ROBUST Summary of events: US$ 41.46 BILLION IN REVENUE FROM US$ 2026 Q3 IN US$ 2026, US$ 35.7 BILLION IN FAR-OFF MARKET PROJECTIONS, US$ 25.11 (LARGELY ABOVE US$ 20.50) IN ADJUSTED US$ 25.11, WITH A MAORI RATIO OF 84.9 PER CENT. THE DATA CENTRE OPERATION, A RECORD INCREASE OF 346 PER CENT OVER THE SAME YEAR, WAS DRIVEN MAINLY BY HIGH BANDWIDTH MEMORY (HBM) SUPPLY CONSTRAINTS. THE COMPANY CEO SANGER MEHROTRA EMPHASIZED THE STRATEGIC CENTRALITY OF THE AI-ERA CHIP STORAGE AND NOTED THE HIGH DEGREE OF STABILITY OF LONG-TERM AGREEMENTS WITH MAJOR CLIENTS. MANAGEMENT SYNCHRONIZED THE Q4 GUIDELINES: THE RECOVERY OF APPROXIMATELY $49 BILLION (UP AND DOWN $1 BILLION) AND THE ADJUSTMENT OF THE EPS TO APPROXIMATELY $31 WERE ALSO SIGNIFICANTLY ABOVE THE ANALYST CONSENSUS。
Market interpretationTHE MARKET IS OPTIMISTIC THAT THE VISIBILITY OF AI-RELATED MEMORY NEEDS WILL EXTEND TO 2027-2028. THE MARKET VALUE OF A SINGLE DAY INCREASED BY MORE THAN $120 BILLION, REFLECTING A RE-PRICING OF THE MARKET ' S REAL NEEDS FOR AI INFRASTRUCTURE, BY ALMOST 15 PER CENT AFTER THE POST-FISCAL STOCK WAS RAISED TO APPROXIMATELY $1205. STRONG PERFORMANCE AND GUIDANCE CONFIRM THE INDISPENSABILITY OF HIGH-END HBM STORAGE IN AI TRAINING AND REASONING, RELIEVE SOME OF THE PREVIOUS MARKET CONCERNS ABOUT SUPPLY CHAIN AND DEMAND PEAKS, AND HIGHLIGHT THE STRONG CORRELATION BETWEEN STORAGE CYCLES AND AI CAPITAL EXPENDITURE。
Investment revelationTHIS SUPER-EXPECTED PERFORMANCE PROVIDES A POWERFUL CATALYST FOR THE AI STORAGE THEME, WITH A POSITIVE AND VOLATILE SHORT-TERM EQUITY RESPONSE, SUITABLE FOR SHORT-TERM TRADERS TO CAPTURE MOOD-DRIVEN OPPORTUNITIES; IN THE MEDIUM TO LONG TERM, AI DEMAND RESILIENCE IS VALIDATED, AND IT IS RECOMMENDED THAT ATTENTION BE PAID TO THE SUBSEQUENT QUARTERLY INCREASE IN THE SHARE OF THE CITY OF HBM, THE SUSTAINABILITY OF THE MAORI RATE AND THE HEALTH OF THE INDUSTRY AS A WHOLE. IF THE SEMICONDUCTOR PLATE TURNS BACK, IT CAN BE SEEN AS A CONFIGURATION WINDOW FOR THE HIGH CERTAINTY GROWTH TRACK, BUT IT IS IMPORTANT TO BE ALERT TO THE POTENTIAL INTERFERENCE OF MACRO-INTEREST RATES AND GEO-FACTORS IN THE PACE OF CAPITAL EXPENDITURE。
TSLA - INCREASED DELIVERY EXPECTATIONS BY ANALYSTS WITH CONTINUED HIGH VOLATILITY Summary of events: Baird Analysts are increasing the delivery of Tesla Q2 to approximately 39.29 million units and maintaining the 2026 projection for a total of 1.68 million units, while reiterating the “run-to-win” rating and the target price of $522. At the same time, the market is concerned about possible strategic convergence discussions between Tesla and SpaceX (expected to occur within 12-18 months)。
Market interpretation: Tesla grew as a high market value (over $1.4 trillion), and stock prices were highly sensitive to the delivery data, the Robotaxi progress and the Mask-related company dynamics, with significant increases in volatility in the recent past. Analysts are optimistic about supporting narratives of potential mergers, but increased competition in the electric car market, changes in macro-interest rate environment and overall plate risk preferences continue to lead to intense day-to-night fluctuations。
Investment revelationFits to higher risk tolerance investor configuration, focusing on delivery data and FSD/Robotaxi catalysts; high volatility is both an opportunity and a risk and suggests a combination of technical and position management involvement。
NVDA / SEMICONDUCTOR PLATE REPRESENTS - HIGH VOLATILITY CAUSED BY INDUSTRIAL CHAIN HEARSAY Summary of events: THE SEMICONDUCTOR TAPS, SUCH AS YIN WEIDA, HAVE EXPERIENCED A MARKED REVERSAL UNDER THE INFLUENCE OF THE STORAGE OF CHIPS (THE SLOWDOWN IN THE PRODUCTION OF HBM, SK HERCULES), WITH A SIGNIFICANT INCREASE IN THE RATE OF VOLATILITY IN THE STOCK WITHIN THE PLATE AND HIGH MARKET VALUE (E.G. THE VALUE OF THE NVDA OVER $4 TRILLION) BECOMING THE FOCUS OF THE FUND GAME。
Market interpretationDespite the logic of long-term AI demand, uncertainty about the short-term supply chain and the pace of demand has led to profit-making and leverage fluctuations in high market value semiconductor units and high plate Beta values, which tend to magnify changes in market sentiment。
Investment revelation: The high-market growth unit, driven by the financial season and industry chain information, is suitable for band trading or satellite configuration as a core warehouse. It is proposed that the plate wheeled opportunity layout be combined with the certified financial statements such as American Light。
project & market dynamics
1. According to TheBlockIT WAS REPORTED THAT THE INCOME OF THE BITCOIN MINERS CONTINUED TO DECLINE AND THAT THE AVERAGE OF SEVEN DAYS OF MOVEMENT HAD FALLEN TO ABOUT $30 MILLION PER DAY, DOWN FROM OVER $50 MILLION LAST SUMMER. TRANSACTION FEES HAVE CONTRIBUTED MINIMALLY, AT LESS THAN $250,000 A DAY. THE CURRENT BTC TRANSACTION PRICE OF ABOUT $62,500 IS WELL BELOW THE PRODUCTION COST OF ABOUT $78,000 ESTIMATED BY MORGAN CHASE, A GAP THAT HAS LASTED FIVE MONTHS AND IS THE LONGEST IN THE CURRENT CYCLE. PRODUCTION COSTS HAVE TRADITIONALLY BEEN CONSIDERED TO BE AT THE BOTTOM OF SOFT PRICES, WITH ABOUT 20 PER CENT OF MINERS CURRENTLY IN DEFICIT。
PRESSURE IS EMERGING AT THE NETWORK LEVEL. THE VALUE OF BETA FOR THE BTC PRICE HAS RISEN TO 0.62 FOR MINING DIFFICULTY OVER THE PAST SIX MONTHS, AND HIGH-COST MINERS OPERATE ON THE BASIS OF PRICE FLUCTUATIONS RATHER THAN SUSTAINED LOSSES. THE SECOND WEEK OF JUNE SAW A 10 PER CENT REDUCTION IN DIFFICULTY, REFLECTING A SECOND REVERSAL OF A SIMILAR MAGNITUDE FOR THE CURRENT YEAR. OVER 32,000 BTCS HAVE BEEN REDUCED DURING THE QUARTER TO COVER OPERATING COSTS RATHER THAN FURTHER REDUCING CAPACITY。
Market calendar
- UNITED STATES ECONOMIC DATA: PCE PRICE INDICES IN MAY (THE FEDERAL RESERVE PREFERRED INFLATION INDICATORS, CORE PCE EXPECTED RING RATIO + 0.3 PER CENT); Q1 GDP END VALUE (PROJECTED TO BE MAINTAINED AT 1.6 PER CENT); DURABLE GOODS ORDERS, NUMBER OF PEOPLE ASKING FOR UNEMPLOYMENT BENEFITS, ETC. (DATA-INTENSIVE DAYS). ZENIUM
- United States stock: BlackberryBBI'll be right back
- United States economic data: end value of the Consumer Confidence Index, University of Michigan; statement by Fed officials (Williams, Kashkali, etc.)。
Institutional perspective: IT IS WIDELY ACCEPTED BY LEADING INVESTMENT BANK ANALYSTS THAT U.S. LIGHT'S SUPER-EXPECTED PERFORMANCE GIVES CONFIDENCE TO SEMICONDUCTORS AND AI PLATES AND THAT STRONG STORAGE DEMAND WILL UNDERPIN THE PERFORMANCE OF THE COMPANIES CONCERNED. THE FALL IN THE PRICE OF CRUDE OIL REFLECTS A DECREASE IN GEO-MARGIN, SHORT-TERM OIL PRICES OR THE MAINTENANCE OF LOW-LEVEL SHOCKS. WHILE THE ENCRYPTION MARKET IS FACING ADJUSTMENTS, THE LONG-TERM LAYOUT OF AI THEMES AND INSTITUTIONS SUPPORTS IT. THE OVERALL MARKET FLUCTUATED UNDER MACRO-POLICY AND GEO-FACTORS, SUGGESTING THAT ATTENTION BE GIVEN TO DATA VALIDATION AND RISK MANAGEMENT. WALL STREET ALSO BOOSTED FINANCIAL SECTOR STABILITY THROUGH PRESSURE TESTS。
DISCLAIMER: THE ABOVE IS COLLATED BY AI, MANUALLY ISSUED ONLY FOR VALIDATION AND IS NOT RECOMMENDED FOR INVESTMENT. FOR UNAVOIDABLE DEVIATIONS IN THE TEXT, PLEASE REFER TO MARKET INSTANTANEOUS DATA。
