【#HashKey Trading Moment】: LABUBU's Sky-High Auction Drives Recovery of Old Meme Coins; Can Bitcoin Hold the $105,000.00 Support Level? CPI Data and US Treasury Auction Become Market Focus

The US May CPI data will be released tonight at 20:30, followed by a $39.00 billion 10-year US Treasury auction at 1:00 AM the next day. The market is highly focused, with the CPI expected to increase by 0.2% month-over-month, but tariffs may push up inflation.

HashKey Group's Chief Analyst Jeffrey Ding said that the Circle IPO has sparked heated discussions, with its valuation soaring to $24.00 billion, boosting investor confidence in compliant crypto financial infrastructure; crypto concept stock Coinbase hit a high of $271.95 on May 22 and continues to fluctuate at high levels.

Bitcoin broke through $110,000.00 and is currently consolidating below the key resistance level of $110,668.00. If it breaks through, it may further rise to $112,700.00 or even $115,103.00. Matrixport said that the technical outlook is bullish, and as long as it holds $105,075.00, the bullish trend is valid.

Ethereum's implied volatility is rising, with short-term option volatility exceeding 70%, indicating significant bullish sentiment. MN Capital founder Michael van de Poppe: If $ETH breaks through the $2,800.00-$3,000.00 resistance, the price may rise to $3,400.00-$3,500.00.

Labubu sentiment is high, with the mint-colored first-generation trendy toy auctioned for a sky-high price of 1.08 million RMB. The $Labubu market cap soared from $19.51 million to $44.00 million; the market cap of old MEME coin $AURA surged from $1.00 million to $50.00 million; Bonk ecosystem Useless rose 10x in a week, with a market cap exceeding $50.00 million.

Arthur Hayes continues to shill HYPE, whose market cap exceeds SUI, and the coin price breaks through $42.00, continuing to hit new highs.

By @HashKeyGroup & @PANewsCN