Hot search list: ETH popularity rises, with a 7.39% increase in 24H

Odaily Planet Daily News: Rainer Guntermann, a researcher at Deutsche Bank, stated in a report that the US inflation data released on Wednesday should confirm the Federal Reserve's wait-and-see attitude. Guntermann said, "These data will strengthen the Fed's wait-and-see stance before next week's policy decision, as the impact of the current tariff hike is still limited." According to LSEG data, the money market fully priced the Fed's decision to keep interest rates unchanged on June 18th. They also expect the possibility of a rate cut in September to exceed 50%. (Golden Ten)

OKX-ETH/USDT is currently trading at $2799.11, with a 0.08% increase in 5 minutes. Please be aware of market fluctuations.

According to data from Alternative. me, the Cryptocurrency Panic and Greed Index rose to 72 today (compared to 71 "Greedy State" yesterday), indicating that the market is still in a "Greedy State".

Odaily Planet Daily News: Gate, the world's leading cryptocurrency trading platform, announced that its Web3 wallet Gate Wallet will complete a major upgrade in the second quarter of 2025. Since its launch, Gate Wallet has been committed to creating a one-stop multi chain wallet solution. This upgrade focuses on the three core values of "experience innovation, security upgrade, and AI empowerment" for systematic reconstruction, covering six key module optimizations: wallet creation experience innovation, Gate Wallet Touch ecosystem advancement, AI intelligent transaction decision support, smart money tracking system, transaction transparency improvement, and robot account security upgrade. The aim is to provide Web3 users with a more convenient, intelligent, and secure full chain asset management experience.

Odaily Planet Daily News: Matrixport released today's chart analysis stating that "Ethereum funding rates have skyrocketed to 13.7%, reaching a new high since February this year. This is usually interpreted by the market as a positive signal, which is expected to attract more funds from Ethereum ETFs. However, a more noteworthy sign is that the volume of open futures contracts is approaching the historical high of December 2024. The main driving force behind the price increase in this round is not spot buyers, but leveraged futures traders. Compared to Bitcoin, which is still dominated by spot demand, Ethereum's trend shows differentiation. Recently, there has been a surge in call option buying, coupled with the gamma hedge effect, putting ETH at significant risk of short selling. The market is becoming increasingly fragile and sensitive to changes in momentum