Crypto_MAN

📌 MARKET BRIEF | SATURDAY, 05/30
🌍 Macroeconomics & Market
• Brent oil price drops to $91 per barrel.
• S&P 500 records its 9th consecutive week of gains, the longest streak since late 2023.
• Bitcoin continues trading around $73,000, with no clear breakout momentum.
🇺🇸🇮🇷 US - Iran Negotiations
President Trump is said to have convened an emergency meeting to finalize a new agreement framework with Iran. However, Iran states that the two sides have not yet reached a final consensus.
📊 Spot ETF Flows (05/29)
• Bitcoin ETF: -$57.1 million (excluding data from BlackRock).
• Ethereum ETF: +$

📊 ONCHAIN UPDATE
🔴 US Bitcoin ETF experiences continued heavy capital outflows
The trading session on 29/5 marked a streak of 10 consecutive capital outflows from US Bitcoin ETFs, with the total value of funds leaving the market reaching nearly $3 billion since mid-May. Meanwhile, Ethereum ETFs also recorded 13 consecutive outflow sessions.
This is the strongest capital outflow from Bitcoin ETFs since BTC set its 2025 cycle peak, suggesting that institutions are still maintaining a cautious sentiment and there are no signs of a return to the market.
🔻 Onchain leverage continues to decline
T

🚨 SPACEX CONTRACT ON HYPERLIQUID WITH 45% LEVERAGE, OVER 400 WALLETS LIQUIDATED
The SPACEX-USDH contract on Hyperliquid just experienced a sharp drop from $2,277 to $1,254 in about 30 minutes, a nearly 45% decrease.
This sudden volatility caused 405 trading wallets to be liquidated, with an estimated total loss of about $1.51 million.
The main cause is the extremely thin liquidity of the contract. The 24-hour trading volume is only about $4.87 million, while open interest is less than $2.9 million. A large sell order broke through the entire liquidity zone, triggering a domino effect that cau

🇺🇸🇮🇷 Axios: The United States and Iran have reached a temporary 60-day ceasefire agreement and opened negotiations on Iran’s nuclear program, but they are still awaiting President Trump’s approval
🔹 The agreement includes ensuring that the shipping route through the Strait of Hormuz operates “without restrictions.” Iran must remove all mines within 30 days, and the U.S. will gradually lift the naval blockade
🔹 Iran is also said to have committed not to develop nuclear weapons, while the U.S. will discuss easing sanctions, releasing frozen assets, and providing humanitarian goods to Iran

PCE Inflation 🇺🇸: 3.8% | Expected: 3.8% | Previous: 3.5%
- Core PCE Inflation 🇺🇸: 3.3% | Expected: 3.3% | Previous: 3.2%
#news

U.S. inflation is showing signs of accelerating through April’s CPI data. And every time the Fed Chair speaks, the market usually reacts exactly as history has shown.
#btc

U.S. CONTINUES NOT TO ATTACK IRAN, NEGOTIATIONS STILL AT A STANDSTILL
While negotiations show no signs of progress, the U.S. continues to conduct airstrikes on another Iranian military facility and shoots down multiple UAVs near the Strait of Hormuz. Washington states this is an act of "self-defense" to protect U.S. forces and commercial shipping routes in the region.
Last night, Iran announced that both sides had reached a preliminary agreement. However, the U.S. quickly dismissed this information. Immediately afterward, President Trump delivered a speech that escalated tensions:
1️⃣ The U.S.