Infinity Trades
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Infinity Trades
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Ethereum price risks $1,500 as ETF outflows pressure $ETH
#Ethereum remained under pressure on June 12 as geopolitical risk, ETF outflows, and weak technical structure kept ETH close to key support.
Ethereum traded near $1,652 as ETF outflows and macro pressure kept buyers cautious.
Spot Ethereum ETFs lost $15.89 million on June 11, extending outflows for three sessions.
Analysts remain split as MVRV bands suggest accumulation while charts show a weak downtrend.
#Ethereum remained under pressure on June 12 as geopolitical risk, ETF outflows, and weak technical structure kept ETH close to key support.
Ethereum traded near $1,652 as ETF outflows and macro pressure kept buyers cautious.
Spot Ethereum ETFs lost $15.89 million on June 11, extending outflows for three sessions.
Analysts remain split as MVRV bands suggest accumulation while charts show a weak downtrend.
Will a new price rally follow STG’s latest 25% surge?
#STG
Trading activity exploded and institutional demand strengthened across the board.
Stargate Finance ($STG ) is having one of its strongest days in weeks. The altcoin’s price action recorded a 25% daily surge, drawing fresh attention from traders and institutional investors as momentum accelerated throughout the session.
The move was accompanied by a sharp increase in trading activity, with volume climbing as buyers continued to chase the breakout.
At press time, the network’s trading volume had surged to 86 million after a long period of no activity. That’s not all though as the rally also appeared to be attracting larger market participants.
Can $STG keep running?
That’s what traders are trying to figure out now. A 25% move in a single day will naturally attract profit-taking, but the combination of rising volume and stronger institutional participation suggested there may be more behind this rally than short-term speculation.
As it stands, STG has momentum on its side and its structure might be leaning in the bulls’ favour too. The next challenge is whether buyers can maintain the same level of conviction now that the token is back on traders’ radar.
If the buyers extend their dominance, a rally to test the next resistance at $0.58 might be next.
#STG
Trading activity exploded and institutional demand strengthened across the board.
Stargate Finance ($STG ) is having one of its strongest days in weeks. The altcoin’s price action recorded a 25% daily surge, drawing fresh attention from traders and institutional investors as momentum accelerated throughout the session.
The move was accompanied by a sharp increase in trading activity, with volume climbing as buyers continued to chase the breakout.
At press time, the network’s trading volume had surged to 86 million after a long period of no activity. That’s not all though as the rally also appeared to be attracting larger market participants.
Can $STG keep running?
That’s what traders are trying to figure out now. A 25% move in a single day will naturally attract profit-taking, but the combination of rising volume and stronger institutional participation suggested there may be more behind this rally than short-term speculation.
As it stands, STG has momentum on its side and its structure might be leaning in the bulls’ favour too. The next challenge is whether buyers can maintain the same level of conviction now that the token is back on traders’ radar.
If the buyers extend their dominance, a rally to test the next resistance at $0.58 might be next.
$AVAX 1H — The crowd is trapped again. 📉➡️📈
Everyone screams bull run after one green candle.
Everyone screams breakdown after one red candle.
#AVAX just spent hours compressing under a descending resistance while weak hands got shaken out. That dip toward $6.47–$6.30 wasn’t panic — it looked more like liquidity collection before reclaiming structure.
Now price is pushing back above short-term momentum averages while testing the breakout zone. 🚀
⚠️ Key levels:
• Support: $6.47 → $6.30 (accumulation area)
• Resistance: $6.67 → $6.87 (confirmation zone)
• If reclaimed: $7.05 → $7.27 opens fast
As long as $6.47 holds, every pullback looks like fuel, not fear. 🔥
Bold prediction: once AVAX clears $6.87, people calling this a dead bounce will suddenly become breakout buyers. 🚀
Everyone screams bull run after one green candle.
Everyone screams breakdown after one red candle.
#AVAX just spent hours compressing under a descending resistance while weak hands got shaken out. That dip toward $6.47–$6.30 wasn’t panic — it looked more like liquidity collection before reclaiming structure.
Now price is pushing back above short-term momentum averages while testing the breakout zone. 🚀
⚠️ Key levels:
• Support: $6.47 → $6.30 (accumulation area)
• Resistance: $6.67 → $6.87 (confirmation zone)
• If reclaimed: $7.05 → $7.27 opens fast
As long as $6.47 holds, every pullback looks like fuel, not fear. 🔥
Bold prediction: once AVAX clears $6.87, people calling this a dead bounce will suddenly become breakout buyers. 🚀
$LINK
Chainlink’s support holds despite sell-off concerns: Is LINK’s breakout still possible?
Government-linked $LINK transfers raised selling concerns as traders stayed bullish and support held.
The U.S. government reignited market attention after transferring 98,590 LINK, valued at roughly $768,000, to Coinbase Prime from wallets tied to seized FTX Alameda assets.
The transaction raised concerns about potential distribution since Coinbase Prime frequently serves institutional selling activity.
Although the amount represented only a small fraction of LINK’s circulating supply,
LINK eyes range recovery as RSI improves
At the time of writing, Chainlink [LINK] traded around $7.78 after rebounding from the June low near $7.34, where buyers stepped in and halted the latest decline.
The daily chart showed the asset recovering toward the key range support at $7.95, a level that previously acted as the lower boundary of a multi-month consolidation zone.
Meanwhile, resistance remained established near $9.80, while a larger ceiling stood around $10.85.
The Relative Strength Index recovered to 35.70 after recently dipping near oversold territory, indicating bearish pressure had eased slightly.
Although RSI remained below the neutral 50 level, the indicator suggested sellers no longer controlled the market as aggressively as before.
If buyers continued defending the $7.34–$7.95 region, LINK could attempt a broader recovery toward higher resistance zones.
Liquidation trends reveal fading downside aggression
Derivatives data showed a clear imbalance between shorts and longs despite recent volatility.
Total short liquidations reached approximately $57,270, while long liquidations stood near $5,040 during the latest session.
The significantly higher short liquidations suggested that traders betting against LINK were caught offside as the asset attempted to recover from recent lows.
Several exchanges recorded heavier losses among short positions, reinforcing signs of a developing short squeeze during the rebound.
#LINK
Chainlink’s support holds despite sell-off concerns: Is LINK’s breakout still possible?
Government-linked $LINK transfers raised selling concerns as traders stayed bullish and support held.
The U.S. government reignited market attention after transferring 98,590 LINK, valued at roughly $768,000, to Coinbase Prime from wallets tied to seized FTX Alameda assets.
The transaction raised concerns about potential distribution since Coinbase Prime frequently serves institutional selling activity.
Although the amount represented only a small fraction of LINK’s circulating supply,
LINK eyes range recovery as RSI improves
At the time of writing, Chainlink [LINK] traded around $7.78 after rebounding from the June low near $7.34, where buyers stepped in and halted the latest decline.
The daily chart showed the asset recovering toward the key range support at $7.95, a level that previously acted as the lower boundary of a multi-month consolidation zone.
Meanwhile, resistance remained established near $9.80, while a larger ceiling stood around $10.85.
The Relative Strength Index recovered to 35.70 after recently dipping near oversold territory, indicating bearish pressure had eased slightly.
Although RSI remained below the neutral 50 level, the indicator suggested sellers no longer controlled the market as aggressively as before.
If buyers continued defending the $7.34–$7.95 region, LINK could attempt a broader recovery toward higher resistance zones.
Liquidation trends reveal fading downside aggression
Derivatives data showed a clear imbalance between shorts and longs despite recent volatility.
Total short liquidations reached approximately $57,270, while long liquidations stood near $5,040 during the latest session.
The significantly higher short liquidations suggested that traders betting against LINK were caught offside as the asset attempted to recover from recent lows.
Several exchanges recorded heavier losses among short positions, reinforcing signs of a developing short squeeze during the rebound.
#LINK
'No current users affected’ – Raydium responds after $1.34mln exploit
According to preliminary estimates, the attacker drained approximately 150,177 Raydium $RAY , 5,603 Solana $SOL , and nearly 893,700 USDC from the impacted pools.
This included RAY-SOL, USDC-RAY, and SRM-RAY, Sollet USDT-RAY, and Sollet ETH-RAY pairs. PeckShield also tracked down seven Ethereum that were deposited to FixedFloat and 810 ETH to Tornado Cash.
What was the main cause behind this attack?
Raydium claims that the flaw was caused by the legacy program’s inadequate validation of LP (liquidity provider) token mints.
That said, the attacker was able to produce a phony LP token because the contract did not sufficiently validate LP token mints. As a result, the exploiter withdrew money from the impacted pools and got around proportional ownership checks.
The problem, Raydium stressed, was limited to the deprecated AMM V3 codebase and was not caused by a compromised admin authority, private key, or protocol-wide security breach.
The current mainnet programs for the protocol now use a different architecture that protects them from this kind of attack by using virtual supply mechanisms and verifying LP mints.
Therefore, neither current liquidity pools nor active Raydium users were affected. The protocol also said that all losses resulting from the exploit will be fully reimbursed through Raydium’s treasury.
Along with that, a more thorough security review of all mainnet programs is also being conducted.
Impact on price and more
Interestingly, despite the exploit, RAY’s price action was at $0.5815 following a 2.08% increase over the previous day. The 8% weekly drop and the 30% monthly drop, however, continue to raise concerns.
This coincided with another exploit in which the attacker gained control of administrative bridge permissions, depleting 141 million H tokens on Ethereum.
Additionally, security researchers discovered that another exploiter withdrew approximately $1.5 million in WETH from an Ethereum balancer liquidity pool through a governance takeover attack.
According to preliminary estimates, the attacker drained approximately 150,177 Raydium $RAY , 5,603 Solana $SOL , and nearly 893,700 USDC from the impacted pools.
This included RAY-SOL, USDC-RAY, and SRM-RAY, Sollet USDT-RAY, and Sollet ETH-RAY pairs. PeckShield also tracked down seven Ethereum that were deposited to FixedFloat and 810 ETH to Tornado Cash.
What was the main cause behind this attack?
Raydium claims that the flaw was caused by the legacy program’s inadequate validation of LP (liquidity provider) token mints.
That said, the attacker was able to produce a phony LP token because the contract did not sufficiently validate LP token mints. As a result, the exploiter withdrew money from the impacted pools and got around proportional ownership checks.
The problem, Raydium stressed, was limited to the deprecated AMM V3 codebase and was not caused by a compromised admin authority, private key, or protocol-wide security breach.
The current mainnet programs for the protocol now use a different architecture that protects them from this kind of attack by using virtual supply mechanisms and verifying LP mints.
Therefore, neither current liquidity pools nor active Raydium users were affected. The protocol also said that all losses resulting from the exploit will be fully reimbursed through Raydium’s treasury.
Along with that, a more thorough security review of all mainnet programs is also being conducted.
Impact on price and more
Interestingly, despite the exploit, RAY’s price action was at $0.5815 following a 2.08% increase over the previous day. The 8% weekly drop and the 30% monthly drop, however, continue to raise concerns.
This coincided with another exploit in which the attacker gained control of administrative bridge permissions, depleting 141 million H tokens on Ethereum.
Additionally, security researchers discovered that another exploiter withdrew approximately $1.5 million in WETH from an Ethereum balancer liquidity pool through a governance takeover attack.
🚨 Injective’s Vulcan mainnet upgrade faces ‘sell the news’ type reaction, but…
$INJ Swing traders and investors may have reason to be cautiously bullish.
On Tuesday, 09 June, Injective [INJ] announced that the Vulcan mainnet upgrade went live. It is aimed at “optimizing the chain for perpetuals, stablecoins & tokenization,” the official handle’s post on X read, making it one of Injective’s biggest upgrades yet.
INJ’s price action on Tuesday was bearish. The altcoin shed 2.01% of its value by day’s end, with the crypto down another 7.14% since. In the hours before press time, a price bounce was underway though.
The sell-off after the announcement was a common “sell the news” type of reaction that comes after major upgrades. Despite the short-term volatility in recent days, however, there may be some hope for the bulls.
At the time of writing, the weekly structure was firmly bearish. The downtrend in recent years managed to set a new lower low at $2.727. Though INJ has bounced by 90.54% in the 10 weeks since then, the higher timeframe trend and swing structure remain bearish.
The rally over the past two months indicated that a move towards the key Fibonacci retracement levels at $9.63, $11.27, and $13.59 may be possible.
On the 1-day chart, the internal structure shifted bullishly in April (orange), and the swing structure (green) was breached later in May.
The trading volume was above average during the rally to these new highs beyond $5.9. At the time of writing, INJ seemed to be retracing the rally made in the last two months – A healthy scenario for the bulls.
🔸 Injective token’s price dropped on Tuesday following the announcement of the Vulcan mainnet upgrade.
🔸 Long-term trend might be bearish, but the relief rally of the past two months could continue once its own retracement phase ends.
#INJ
$INJ Swing traders and investors may have reason to be cautiously bullish.
On Tuesday, 09 June, Injective [INJ] announced that the Vulcan mainnet upgrade went live. It is aimed at “optimizing the chain for perpetuals, stablecoins & tokenization,” the official handle’s post on X read, making it one of Injective’s biggest upgrades yet.
INJ’s price action on Tuesday was bearish. The altcoin shed 2.01% of its value by day’s end, with the crypto down another 7.14% since. In the hours before press time, a price bounce was underway though.
The sell-off after the announcement was a common “sell the news” type of reaction that comes after major upgrades. Despite the short-term volatility in recent days, however, there may be some hope for the bulls.
At the time of writing, the weekly structure was firmly bearish. The downtrend in recent years managed to set a new lower low at $2.727. Though INJ has bounced by 90.54% in the 10 weeks since then, the higher timeframe trend and swing structure remain bearish.
The rally over the past two months indicated that a move towards the key Fibonacci retracement levels at $9.63, $11.27, and $13.59 may be possible.
On the 1-day chart, the internal structure shifted bullishly in April (orange), and the swing structure (green) was breached later in May.
The trading volume was above average during the rally to these new highs beyond $5.9. At the time of writing, INJ seemed to be retracing the rally made in the last two months – A healthy scenario for the bulls.
🔸 Injective token’s price dropped on Tuesday following the announcement of the Vulcan mainnet upgrade.
🔸 Long-term trend might be bearish, but the relief rally of the past two months could continue once its own retracement phase ends.
#INJ
$BTC Defending 60k📈 📉
64k remains the key resistance, while 61k continues to act as support, as previously noted.
Price is still chopping within this range after the recent sell-off, showing signs of consolidation around local demand. As long as BTC continues to defend the 61k region, there's potential for a move back into the 65-67k area, which aligns with the next notable resistance cluster.
For now, the market remains range-bound, so patience is key while price builds acceptance above support.
Invalidation: Lose 60.5k support, which would increase the likelihood of another leg lower.
64k remains the key resistance, while 61k continues to act as support, as previously noted.
Price is still chopping within this range after the recent sell-off, showing signs of consolidation around local demand. As long as BTC continues to defend the 61k region, there's potential for a move back into the 65-67k area, which aligns with the next notable resistance cluster.
For now, the market remains range-bound, so patience is key while price builds acceptance above support.
Invalidation: Lose 60.5k support, which would increase the likelihood of another leg lower.
$WLFI 📈 8H Analysis: Make-or-Break Moment at Wedge Apex ⚠️
#WLFI is approaching a critical inflection point on the 8-hour timeframe, with price trading around 0.0539 inside a well-defined descending wedge that has been developing since the May peak near 0.0760.
After a failed breakout attempt toward the 0.0620–0.0640 resistance zone in early June, sellers regained control and pushed price back to the rising support trendline around 0.0540. This area is now being tested once again, making it one of the most important levels on the chart.
The previous sweep to 0.0512 on May 27 triggered strong buying interest, and bulls are now attempting to defend the same structure as the wedge reaches its final stage of compression.
Key Levels
🔹 0.0760 – Major swing high resistance
🔹 0.0680–0.0760 – Bullish breakout target zone
🔹 0.0620–0.0640 – Descending wedge resistance
🔹 0.0590–0.0600 – Key breakout trigger zone
🔹 0.0555–0.0570 – Near-term resistance
🔹 0.0540 – Critical rising trendline support
🔹 0.0512 – Last major support before new lows
What Happens Next?
The wedge is now at its apex, leaving very little room for price to continue consolidating. A decisive move is likely approaching.
✅ Bullish Scenario:
Holding above 0.0540 and reclaiming 0.0590–0.0600 would signal renewed buying strength. A confirmed breakout above 0.0620 could trigger a move toward 0.0680 and potentially retest the 0.0760 highs.
❌ Bearish Scenario:
A breakdown below 0.0540 would invalidate the bullish structure and expose 0.0512. Losing that level could open the door to fresh lows.
WLFI is entering its final compression phase. Traders should closely monitor the 0.0540 support and 0.0620 resistance, as the next breakout is likely to determine the token's near-term direction. 📈📉
#WLFIUSDT
#WLFI is approaching a critical inflection point on the 8-hour timeframe, with price trading around 0.0539 inside a well-defined descending wedge that has been developing since the May peak near 0.0760.
After a failed breakout attempt toward the 0.0620–0.0640 resistance zone in early June, sellers regained control and pushed price back to the rising support trendline around 0.0540. This area is now being tested once again, making it one of the most important levels on the chart.
The previous sweep to 0.0512 on May 27 triggered strong buying interest, and bulls are now attempting to defend the same structure as the wedge reaches its final stage of compression.
Key Levels
🔹 0.0760 – Major swing high resistance
🔹 0.0680–0.0760 – Bullish breakout target zone
🔹 0.0620–0.0640 – Descending wedge resistance
🔹 0.0590–0.0600 – Key breakout trigger zone
🔹 0.0555–0.0570 – Near-term resistance
🔹 0.0540 – Critical rising trendline support
🔹 0.0512 – Last major support before new lows
What Happens Next?
The wedge is now at its apex, leaving very little room for price to continue consolidating. A decisive move is likely approaching.
✅ Bullish Scenario:
Holding above 0.0540 and reclaiming 0.0590–0.0600 would signal renewed buying strength. A confirmed breakout above 0.0620 could trigger a move toward 0.0680 and potentially retest the 0.0760 highs.
❌ Bearish Scenario:
A breakdown below 0.0540 would invalidate the bullish structure and expose 0.0512. Losing that level could open the door to fresh lows.
WLFI is entering its final compression phase. Traders should closely monitor the 0.0540 support and 0.0620 resistance, as the next breakout is likely to determine the token's near-term direction. 📈📉
#WLFIUSDT
$SUPER 4H Update 📈
SUPER's story is getting interesting. After a sharp correction from the highs, price has finally found support around $0.0869 and is now moving sideways inside a tight consolidation range.
This is often where markets test traders' patience. Bulls lose confidence, bears expect another dump, while stronger hands quietly accumulate.
As long as $0.0869 holds, the structure remains constructive. A breakout above $0.0940–$0.0950 could open the door toward $0.1050, followed by $0.1160.
Right now, SUPER isn't showing weakness—it's showing compression. And after compression usually comes expansion. 🚀🔥
SUPER's story is getting interesting. After a sharp correction from the highs, price has finally found support around $0.0869 and is now moving sideways inside a tight consolidation range.
This is often where markets test traders' patience. Bulls lose confidence, bears expect another dump, while stronger hands quietly accumulate.
As long as $0.0869 holds, the structure remains constructive. A breakout above $0.0940–$0.0950 could open the door toward $0.1050, followed by $0.1160.
Right now, SUPER isn't showing weakness—it's showing compression. And after compression usually comes expansion. 🚀🔥
🚀 Stellar retraces 37% after DTCC rally – Can $XLM defend $0.183?
#XLM 📈
XLM's DTCC-news driven rally might not have finished retracing
In the final week of May, the Stellar [XLM] native token rallied 102% from $0.147 to $0.297.
Since then, the token prices have declined by 37.8% to below $0.20. Over the past 24 hours, XLM has shed 6.38%, and its open interest has decreased by 9.2%.
The combined drop in OI and price, as well as a spike in daily trading volume, pointed to increased selling pressure and panicked market conditions.
The initial rally was spurred by news that the chain was selected by the Depository Trust and Clearing Corporation (DTCC) for its tokenisation plans.
Examining the two bullish arguments for XLM
From February, XLM has traded within a range bounded by $0.143 and $0.183. The breakout in late May broke the bearish structure as well as the range. At the time of writing, the former range’s high was being retested as support.
The bullish swing move’s 78.6% retracement level at $0.173 was also a viable support level for XLM.
The CMF was in neutral territory, showing that capital flow was neither buyer nor seller dominated. However, the A/D indicator has fallen to new lows recently, and the RSI was descending below neutral 50 at press time.
Together, the indicators showed sellers have the upper hand.
🔸Stellar’s utility token doubled in price within a few days after the DTCC announced that it had chosen the blockchain for its tokenisation plans.
🔸The bullish range breakout and structural break has seen a swift retracement and the selling was not yet complete.
#XLM 📈
XLM's DTCC-news driven rally might not have finished retracing
In the final week of May, the Stellar [XLM] native token rallied 102% from $0.147 to $0.297.
Since then, the token prices have declined by 37.8% to below $0.20. Over the past 24 hours, XLM has shed 6.38%, and its open interest has decreased by 9.2%.
The combined drop in OI and price, as well as a spike in daily trading volume, pointed to increased selling pressure and panicked market conditions.
The initial rally was spurred by news that the chain was selected by the Depository Trust and Clearing Corporation (DTCC) for its tokenisation plans.
Examining the two bullish arguments for XLM
From February, XLM has traded within a range bounded by $0.143 and $0.183. The breakout in late May broke the bearish structure as well as the range. At the time of writing, the former range’s high was being retested as support.
The bullish swing move’s 78.6% retracement level at $0.173 was also a viable support level for XLM.
The CMF was in neutral territory, showing that capital flow was neither buyer nor seller dominated. However, the A/D indicator has fallen to new lows recently, and the RSI was descending below neutral 50 at press time.
Together, the indicators showed sellers have the upper hand.
🔸Stellar’s utility token doubled in price within a few days after the DTCC announced that it had chosen the blockchain for its tokenisation plans.
🔸The bullish range breakout and structural break has seen a swift retracement and the selling was not yet complete.
$MORPHO Holding Strength, But Better Entry May Come Near Support
#MORPHO 📈 is holding up relatively well during the current market selloff, showing stronger price behavior compared to many other altcoins. However, chasing strength at current levels may not offer the best risk-reward setup, especially with broader market uncertainty still active.
Our team is watching the major support zone closely. If geopolitical tensions escalate further, MORPHO could revisit this area before attempting another upside move. A strong defense of support would increase confidence for a potential move back toward resistance.
#MORPHOUSDT
#MORPHO 📈 is holding up relatively well during the current market selloff, showing stronger price behavior compared to many other altcoins. However, chasing strength at current levels may not offer the best risk-reward setup, especially with broader market uncertainty still active.
Our team is watching the major support zone closely. If geopolitical tensions escalate further, MORPHO could revisit this area before attempting another upside move. A strong defense of support would increase confidence for a potential move back toward resistance.
#MORPHOUSDT
All about Aave’s new ‘risk framework’ after April’s $290 mln exploit
$AAVE #AAVE
Aave's latest proposal on risk management could change the way DeFi handles risk going forward.
In response to April’s $290 million KelpDAO rsETH bridge exploit, Aave [AAVE] founder Stani Kulechov has outlined a new risk framework for the protocol.
🔸Details of the multiple layers—Why is it important?
The framework is designed with four main layers. First, Asset Risk, which includes potential delisting, monitoring, due diligence, and onboarding. Next is Bridging Risk, which establishes security standards for assets that are transferred between chains.
The third layer is Automated Risk Oracles and Monitoring, which offers automated defenses against new threats and ongoing monitoring. Lastly, Chain Risk evaluates a blockchain’s suitability for Aave deployment and establishes the maximum exposure that assets may have on it.
🔸What’s behind this framework being created?
The decision was made following an April exploit in which the LayerZero-powered cross-chain bridge Kelp DAO lost 116,500 rsETH tokens. As the exploiter deposited a sizable amount of the stolen assets into Aave V3, the attack then extended to the Aave protocol.
Meanwhile, Aave’s price declined by 2.16% in the previous day to $60.95. Furthermore, Aave’s TVL also saw a move of over $170 million this week, bringing it to approximately $14.75 billion, as reported by AMBCrypto. That is, however, a significant departure from mid-April levels of over $25 billion.
$AAVE #AAVE
Aave's latest proposal on risk management could change the way DeFi handles risk going forward.
In response to April’s $290 million KelpDAO rsETH bridge exploit, Aave [AAVE] founder Stani Kulechov has outlined a new risk framework for the protocol.
🔸Details of the multiple layers—Why is it important?
The framework is designed with four main layers. First, Asset Risk, which includes potential delisting, monitoring, due diligence, and onboarding. Next is Bridging Risk, which establishes security standards for assets that are transferred between chains.
The third layer is Automated Risk Oracles and Monitoring, which offers automated defenses against new threats and ongoing monitoring. Lastly, Chain Risk evaluates a blockchain’s suitability for Aave deployment and establishes the maximum exposure that assets may have on it.
🔸What’s behind this framework being created?
The decision was made following an April exploit in which the LayerZero-powered cross-chain bridge Kelp DAO lost 116,500 rsETH tokens. As the exploiter deposited a sizable amount of the stolen assets into Aave V3, the attack then extended to the Aave protocol.
Meanwhile, Aave’s price declined by 2.16% in the previous day to $60.95. Furthermore, Aave’s TVL also saw a move of over $170 million this week, bringing it to approximately $14.75 billion, as reported by AMBCrypto. That is, however, a significant departure from mid-April levels of over $25 billion.
🚨 May CPI weakens immediate Fed-cut case as Bitcoin traders watch macro outlook
#CPI #FED
Rising energy prices pushed U.S. inflation higher in May, complicating the Federal Reserve outlook and increasing macro pressure on crypto markets.
U.S. inflation accelerated again in May, complicating expectations for near-term Federal Reserve rate cuts and putting crypto markets back in focus as traders reassess the macro outlook for Bitcoin and other risk assets.
According to the latest Consumer Price Index [CPI] report released Wednesday by the Bureau of Labor Statistics, headline inflation rose 0.5% month-over-month in May after increasing 0.6% in April. Annual inflation climbed to 4.2%, up from 3.8% the previous month.
The report showed energy prices remained the largest driver behind the increase. Energy index rose 3.9% during the month and accounted for more than 60% of the overall CPI increase.
#CPI #FED
Rising energy prices pushed U.S. inflation higher in May, complicating the Federal Reserve outlook and increasing macro pressure on crypto markets.
U.S. inflation accelerated again in May, complicating expectations for near-term Federal Reserve rate cuts and putting crypto markets back in focus as traders reassess the macro outlook for Bitcoin and other risk assets.
According to the latest Consumer Price Index [CPI] report released Wednesday by the Bureau of Labor Statistics, headline inflation rose 0.5% month-over-month in May after increasing 0.6% in April. Annual inflation climbed to 4.2%, up from 3.8% the previous month.
The report showed energy prices remained the largest driver behind the increase. Energy index rose 3.9% during the month and accounted for more than 60% of the overall CPI increase.
Bitcoin price prediction: BTC bounce to $71K possible IF…
A Bitcoin bounce was underway, but market participants should not expect a trend reversal, though a bounce up to $71.2k was technically possible.
After the sell-off up to Friday, the 5th of June, the initiative appeared to return to the buyers. Crypto analyst Axel Adler noted that the net taker volume saw an uptick over the weekend that helped push prices up toward $64k.
Yet, like the brief period of buying after the sell-off on the 24th of May, the current price bounce need not extend significantly higher.
Bitcoin price prediction based on price action
The 4-hour chart showed a firmly bearish structure in place. The current bounce has not reached any of the key Fibonacci retracement levels, such as $66.8k or $71.2k.
Sellers were moving their holdings at a loss, and sentiment remained extremely bearish. A Bitcoin bounce beyond $70k does not appear likely right now, but it is a possibility traders have to be prepared for.
The more likely scenario is a bearish continuation from the overhead supply zone at $65k-$66k.
Final Summary
💥 The Bitcoin net taker flow jumped into positive territory over the weekend, but it might not be enough to reverse the pessimistic Bitcoin mood.
💥 The 4-hour chart indicated a possible price bounce as high as $71.2k, but the overarching trend remained firmly bearish, and a bounce would not signal a trend reversal.
A Bitcoin bounce was underway, but market participants should not expect a trend reversal, though a bounce up to $71.2k was technically possible.
After the sell-off up to Friday, the 5th of June, the initiative appeared to return to the buyers. Crypto analyst Axel Adler noted that the net taker volume saw an uptick over the weekend that helped push prices up toward $64k.
Yet, like the brief period of buying after the sell-off on the 24th of May, the current price bounce need not extend significantly higher.
Bitcoin price prediction based on price action
The 4-hour chart showed a firmly bearish structure in place. The current bounce has not reached any of the key Fibonacci retracement levels, such as $66.8k or $71.2k.
Sellers were moving their holdings at a loss, and sentiment remained extremely bearish. A Bitcoin bounce beyond $70k does not appear likely right now, but it is a possibility traders have to be prepared for.
The more likely scenario is a bearish continuation from the overhead supply zone at $65k-$66k.
Final Summary
💥 The Bitcoin net taker flow jumped into positive territory over the weekend, but it might not be enough to reverse the pessimistic Bitcoin mood.
💥 The 4-hour chart indicated a possible price bounce as high as $71.2k, but the overarching trend remained firmly bearish, and a bounce would not signal a trend reversal.
$CAKE 📈
Why is CAKE’s price up today? Capitulation low, support reclaim & more…
#PancakeSwap
PancakeSwap [ $CAKE ] advanced sharply toward $1.565 during mid-April, yet persistent selling pressure capped every breakout attempt. The second rejection reinforced a distribution pattern, signaling that larger participants were unloading positions.
However, the price weakened throughout May and gradually lost support within the established demand zone.
Once the $1.316–$1.388 region failed, downside momentum accelerated and market sentiment deteriorated further.
As a result, liquidation-driven selling pushed CAKE toward $1.10, creating a capitulation low. However, buyers returned aggressively and reclaimed $1.316, confirming strong post-capitulation demand.
Can CAKE clear $1.345 and extend toward $1.461?
Following the recovery from the $1.10 capitulation low, CAKE has extended its rebound and now trades around $1.332 at the time of writing.
After reclaiming $1.316, buyers pushed the price back toward the 50% Fibonacci retracement at $1.345, indicating that demand remains active following the sharp selloff.
Consequently, the recent structure has improved, with higher lows replacing the panic-driven decline seen in early June.
Momentum indicators support this recovery, as RSI has climbed to 66.25 and CMF remains positive at 0.34, reflecting genuine capital inflows. Furthermore, the MACD bullish crossover suggests that buying pressure continues to build.
If buyers secure a sustained close above this level, attention could shift toward $1.395 and subsequently $1.461.
Nevertheless, failure to overcome resistance may trigger profit-taking after the recent rally. In that case, a pullback toward $1.316 or the 61.8% retracement at $1.294 becomes increasingly likely, while a deeper breakdown could reopen the path toward $1.20.
🔸PancakeSwap [CAKE] has recovered from its $1.10 capitulation low and reclaimed key support at $1.316.
🔸PancakeSwap remains constructive, though rejection at $1.345 may encourage a retracement toward $1.316 or $1.294 support.
Why is CAKE’s price up today? Capitulation low, support reclaim & more…
#PancakeSwap
PancakeSwap [ $CAKE ] advanced sharply toward $1.565 during mid-April, yet persistent selling pressure capped every breakout attempt. The second rejection reinforced a distribution pattern, signaling that larger participants were unloading positions.
However, the price weakened throughout May and gradually lost support within the established demand zone.
Once the $1.316–$1.388 region failed, downside momentum accelerated and market sentiment deteriorated further.
As a result, liquidation-driven selling pushed CAKE toward $1.10, creating a capitulation low. However, buyers returned aggressively and reclaimed $1.316, confirming strong post-capitulation demand.
Can CAKE clear $1.345 and extend toward $1.461?
Following the recovery from the $1.10 capitulation low, CAKE has extended its rebound and now trades around $1.332 at the time of writing.
After reclaiming $1.316, buyers pushed the price back toward the 50% Fibonacci retracement at $1.345, indicating that demand remains active following the sharp selloff.
Consequently, the recent structure has improved, with higher lows replacing the panic-driven decline seen in early June.
Momentum indicators support this recovery, as RSI has climbed to 66.25 and CMF remains positive at 0.34, reflecting genuine capital inflows. Furthermore, the MACD bullish crossover suggests that buying pressure continues to build.
If buyers secure a sustained close above this level, attention could shift toward $1.395 and subsequently $1.461.
Nevertheless, failure to overcome resistance may trigger profit-taking after the recent rally. In that case, a pullback toward $1.316 or the 61.8% retracement at $1.294 becomes increasingly likely, while a deeper breakdown could reopen the path toward $1.20.
🔸PancakeSwap [CAKE] has recovered from its $1.10 capitulation low and reclaimed key support at $1.316.
🔸PancakeSwap remains constructive, though rejection at $1.345 may encourage a retracement toward $1.316 or $1.294 support.
Chainlink wallets hit 535K, can $LINK price reclaim $8.78?
#Chainlink traded near $7.86 on June 9 as growing wallet participation created a contrast with its weak price structure.
🔸Chainlink wallets holding at least one LINK reached 535,000, their highest total since December 2022.
🔸LINK remains below short-term moving averages, leaving $8.03 and $8.78 as key recovery barriers.
🔸ETF inflows and rising open interest support demand, while weak money flow still limits momentum.
Money flow shows sellers still hold an advantage
The Chaikin Money Flow indicator stands near -0.10. A negative reading shows that selling activity and capital leaving the market currently exceed buying pressure.
This weak money flow limits the strength of the wallet-growth signal. LINK could continue gaining holders while its price remains under pressure if those wallets hold only small balances.
Momentum data presents a similar setup. The relative strength index recently stood near 35 after recovering from oversold levels. That suggests selling pressure has eased, but buyers have not yet established strong momentum.
The MACD and its signal line also remain below zero. The negative position confirms that the wider trend remains bearish, even as the latest rebound attempts to stabilize above $7.80.
A breakout would require price, volume, and money flow to improve together. A close above $8.03 without stronger capital inflows may struggle near $8.78.
#Chainlink traded near $7.86 on June 9 as growing wallet participation created a contrast with its weak price structure.
🔸Chainlink wallets holding at least one LINK reached 535,000, their highest total since December 2022.
🔸LINK remains below short-term moving averages, leaving $8.03 and $8.78 as key recovery barriers.
🔸ETF inflows and rising open interest support demand, while weak money flow still limits momentum.
Money flow shows sellers still hold an advantage
The Chaikin Money Flow indicator stands near -0.10. A negative reading shows that selling activity and capital leaving the market currently exceed buying pressure.
This weak money flow limits the strength of the wallet-growth signal. LINK could continue gaining holders while its price remains under pressure if those wallets hold only small balances.
Momentum data presents a similar setup. The relative strength index recently stood near 35 after recovering from oversold levels. That suggests selling pressure has eased, but buyers have not yet established strong momentum.
The MACD and its signal line also remain below zero. The negative position confirms that the wider trend remains bearish, even as the latest rebound attempts to stabilize above $7.80.
A breakout would require price, volume, and money flow to improve together. A close above $8.03 without stronger capital inflows may struggle near $8.78.
Ripple tests XRP Ledger lending code for hidden Layer-1 flaws
RippleX developers are applying formal verification to the XRP Ledger’s planned native lending system before Mainnet activation. It covers XLS-66 Lending Protocol and XLS-65 Single Asset Vaults.
💥Ripple and Common Prefix are formally verifying XRPL lending code before validators consider Mainnet activation.
💥Formal models can expose edge cases that conventional testing may miss in Layer-1 financial systems.
💥XLS-66 enables fixed-term uncollateralized loans using pooled vault liquidity and off-chain borrower credit risk assessments.
RippleX developers are applying formal verification to the XRP Ledger’s planned native lending system before Mainnet activation. It covers XLS-66 Lending Protocol and XLS-65 Single Asset Vaults.
💥Ripple and Common Prefix are formally verifying XRPL lending code before validators consider Mainnet activation.
💥Formal models can expose edge cases that conventional testing may miss in Layer-1 financial systems.
💥XLS-66 enables fixed-term uncollateralized loans using pooled vault liquidity and off-chain borrower credit risk assessments.
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