BlockBeats news, on June 10, crypto KOL Ansem stated that the upcoming CPI data, the first FOMC meeting and dot plot by Walsh next week, combined with sustained strength in the stock market and seasonal summer factors, could trigger a risk-off sentiment and market bottoming over the coming months.
Ansem also believes that there will be no rotation of funds from tech stocks to BTC or ETH, specifically noting that MSTR stock is extremely weak with insufficient support below.
Ansem stated this morning that he shorted ETH at $1,640, plans to add to his position in the $1,680–$1,700 range, and has set a stop-loss at $1,735.

