According to @rovercrc, recent softer-than-expected U.S. CPI data has created a bullish catalyst for Bitcoin (BTC), with Matt Mena of 21Shares stating that a $200,000 price by year-end is now "firmly in play." Mena suggests that cooling inflation strengthens the case for Federal Reserve policy easing, which, combined with institutional adoption and upcoming stablecoin regulation, could supercharge ETF inflows and accelerate BTC's price momentum. However, Katalin Tischhauser of Sygnum Bank advises caution, pointing to a potential "double top" technical pattern forming for Bitcoin above $100,000, which could signal a bearish reversal. Despite this risk, Tischhauser believes a full-blown crash is unlikely without a major black swan event. She argues the current bull market is more resilient due to sticky, long-term institutional capital flowing through spot ETFs, which have seen over $48 billion in net inflows. Tischhauser also suggests the traditional four-year halving cycle's influence on price may be "dead" as institutional demand now outweighs the selling pressure from miners.

According to U.S. negotiators and former President Donald Trump, a draft U.S.-China trade agreement was formed, boosting risk sentiment and initially lifting Ether (ETH) to around $2,780. This gain intensified after the U.S. Labor Department reported a soft 0.1% monthly CPI increase for May, below the 0.2% forecast, fueling expectations of Fed rate cuts and driving ETH to an intraday high of $2,873.46. Technical analysis confirms the breakout with spot volume surging to approximately 527,000 ETH, validating support at $2,750-$2,760 and targeting $2,900 and $3,000 for traders.