According to @milesdeutscher, recent softer-than-expected U.S. inflation data has significantly boosted the outlook for Bitcoin (BTC), with analyst Matt Mena of 21Shares stating a $200,000 price target by year-end is now 'firmly in play.' Mena suggests that continued momentum could push BTC to $138.5K by the end of summer, citing cooling inflation as a catalyst for potential Fed policy easing. This bullish sentiment is supported by on-chain data from Glassnode, which indicates strong 'HODLing' behavior and low selling pressure from long-term holders. Concurrently, QCP reports persistent institutional demand, evidenced by $2.2 billion in net inflows to spot BTC ETFs last week, although this is met with rising leverage in perpetual futures. Further fueling adoption, design firm Figma disclosed a $70 million investment in a spot Bitcoin ETF.

According to @doctortraderr, Ether (ETH) surged towards the $3,000 level, hitting an intraday high of $2,873.46, driven by a tentative U.S.–China trade framework and a soft U.S. CPI report for May, which showed a mere 0.1% month-on-month rise. This rally is supported by strong structural tailwinds, including a record 34.65 million staked ETH and a 16-day inflow streak for ETH ETFs, as cited in the report. Meanwhile, institutional adoption of crypto continues to grow, with JPMorgan filing for a crypto platform and Strategy purchasing over 10,100 BTC. Analyst firm BRN noted a structural shift towards institutional dominance, maintaining a high-conviction view that prices will grind higher into 2025 due to a favorable risk/reward asymmetry. For traders, key technical levels for ETH are the support band at $2,750–$2,760 and upside targets at $2,900 and $3,000. For Bitcoin (BTC), the 50-day simple moving average has emerged as a critical support level.

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.