4E: BTC strongly rebounds to 109,240 USD, the crypto market warms up, focusing on The Federal Reserve (FED) policies and Circle listing.

According to ChainCatcher news, as observed by 4E, as of June 10, 2025, 14:00 (UTC+8), Bitcoin (BTC) is reported at $109,240, rising 3.6% in the past 24 hours, with an intraday high reaching $110,290, approaching the yearly high. The technical analysis shows that long positions have regained control of the pace, with the $105,000 support being evidently effective. Mainstream tokens such as ETH, SOL, and LINK also recorded an increase of 1%-4%, and the total market capitalization of the crypto market has risen above $2.5 trillion, indicating that capital sentiment is gradually warming up. On-chain data shows that institutional funds are continuously flowing into crypto funds. Circle plans to list on the New York Stock Exchange this week, with a valuation possibly reaching 7.2 billion dollars. Coupled with expectations for stablecoin legislation, this provides medium-term positive support for the market. Although some BTC ETFs still show signs of net outflow, mainstream products like IBIT continue to attract substantial funds, indicating stable long-term allocation demand. On a macro level, the U.S. May CPI and non-farm data are about to be released. The market generally expects that if the data is weak, it will strengthen expectations for a rate cut in September, which is favorable for crypto and other risk assets; the European Central Bank will also hold a policy meeting, and if it signals dovishness, it will further alleviate global financial pressures. 4E reminds that the crypto market is at the intersection of technical rebound and macro games, and may continue to show strong performance in the short term. It is recommended that investors pay attention to the Federal Reserve's dynamics, stablecoin legislative progress, and ETF capital flow changes, and reasonably control their positions to prevent high-level volatility risks.