ETH falls below the $3300 mark

Coinbase CEO Brian Armstrong stated in a post on X platform that his optimism towards Bitcoin remains the same, and he still holds a long-term long position, stating that the situation has never been as good or bad as it seems.

According to on chain analyst Yu Jin's monitoring, the giant whale with a winning rate of 90% shorted 17000 ETH ($29.36 million) at a price of $1717.8 two hours ago after ETH rose, and currently has a floating loss of $140000. The whale has made a profit of $4.91 million (+164%) on ETH since the 10th.

[Main password: Binance ETH/USDT perpetual occurrence of 39.65 million US dollars in large pending orders] Large orders linger in the market, signaling unseen maneuvers. What’s next?

Killa stated that Bitcoin needs to hold at $64000, and if it successfully holds, it will test at $67000. If it cannot hold, it will fall back below $60000. Killa predicted the peak of this bull market in May 2025, shorted Bitcoin at $74688 in mid April, and fully turned long on June 5th.

[EU MiCA Transition Period Ends on July 1, 2026, About 75% of Crypto Platforms Face Shutdown] According to CryptoSlate, the EU MiCA regulation transition period will end on July 1, 2026. As of May 2026, only 194 crypto companies in the EU have obtained licenses, while over 3,000 crypto enterprises were registered in 2024. Approximately 75% of older platforms are expected to lose their operating qualifications after the grace period ends. Unlicensed platforms must shut down, transfer users, or exit the European market before the deadline. The French regulator AMF has warned that operating without a license could result in up to 2 years of imprisonment and a €30,000 fine. If platforms fail to obtain a MiCA license, users may face restrictions on deposits or be required to withdraw their funds.