🐉 Dragon Daily | June 13 Update

(1) 🚀 SPCX Launch & Market Impact

SpaceX has officially launched on NASDAQ, closing at $161 (+19%), pushing its valuation above $2.1 trillion, making it one of the largest companies in the U.S.

Elon Musk’s net worth has also reportedly crossed $1 trillion, marking a historic milestone.

Over $150B+ in subscription demand had previously built up, and the release of excess liquidity is now beginning to rotate back into broader risk assets.

However, upcoming IPOs from Anthropic and OpenAI may continue to absorb liquidity, meaning capital rotation is not fully complete.

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(2) 🌍 U.S.–Iran Agreement Progress

Reports suggest a potential agreement could be signed soon, possibly this weekend or next Monday, with officials describing talks as “very close to the finish line.”

The UAE has reportedly agreed to release $10–20B in funds, with over $3B already unlocked.

Oil prices have already reacted sharply downward, and a formal agreement could further support risk assets through reduced geopolitical tension.

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(3) 📊 Trading Strategy Outlook

Key developments are gradually being priced in:

• U.S.–Iran deal framework nearing completion

• SpaceX IPO-driven liquidity pressure easing

• Market focus shifting toward macro risks

⚠️ Main remaining risk event:

📅 June 17 — Bank of Japan (BoJ) interest rate decision

Markets expect a potential hike toward 1%, and outcomes could drive volatility:

📉 More hawkish than expected → short-term sell pressure

📈 As expected / dovish → bullish continuation

⚠️ Miss vs expectations → bearish reaction

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📌 Current stance:

Market is in a holding phase.

• Spot: Neutral / standby

• Derivatives: Sell into resistance zones

• Risk approach: Wait for confirmation

💡 Classic cycle reminder:

When others are fearful, be selective and patient.

When others are greedy, be cautious.

#Crypto #Macro #Bitcoin #Stocks #Trading #SPCX