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On June 4, Bernstein announced that it has raised the target price for Broadcom (AVGO.O) from $525 to $550. In pre-market trading, Broadcom's stock price fell over 14%, currently quoted at $410.

[Bernstein Raises Broadcom Target Price from $525 to $550]On June 4, Bernstein announced that it has raised the target price for Broadcom (AVGO.O) from $525 to $550. In pre-market trading, Broadcom's stock price fell over 14%, currently quoted at $410.

Bernstein Raises Broadcom Target Price from $525 to $550

On June 4, Micron Technology's pre-market decline widened to 7.4%, trading at $999.5, with a total market capitalization shrinking by approximately $90 billion.

[Micron Technology Shares Drop Over 7% Before Market Open, Falling Below $1000]On June 4, Micron Technology's pre-market decline widened to 7.4%, trading at $999.5, with a total market capitalization shrinking by approximately $90 billion.

Micron Technology Shares Drop Over 7% Before Market Open, Falling Below $1000

On June 4, Futu Holdings announced that in order to comply with industry regulatory requirements during a two-year concentrated rectification period and to promote the standardized development of cross-border securities business, adjustments will be made to the services for existing investors in mainland China. Starting from June 12, 2026 (Beijing time), the following adjustments will be made to investment accounts: 1. Trading services in mainland China: All buy (opening) transactions for stocks and other varieties will be suspended, while sell (closing) transactions will not be affected. 2. Fund transfer services in mainland China: Fund inflow services will be suspended. (Jin10)

[Futu to Suspend Buy Transactions for Existing Accounts in Mainland China Starting June 12]On June 4, Futu Holdings announced that in order to comply with industry regulatory requirements during a two-year concentrated rectification period and to promote the standardized development of cross-border securities business, adjustments will be made to the services for existing investors in mainland China. Starting from June 12, 2026 (Beijing time), the following adjustments will be made to investment accounts: 1. Trading services in mainland China: All buy (opening) transactions for stocks and other varieties will be suspended, while sell (closing) transactions will not be affected. 2. Fund transfer services in mainland China: Fund inflow services will be suspended. (Jin10)

Futu to Suspend Buy Transactions for Existing Accounts in Mainland China Starting June 12

On June 4, after a significant correction in the crypto market, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that the bottom for Bitcoin is "almost formed," and the current price range may represent a long-awaited buying opportunity for investors. Kendrick noted that despite Bitcoin's decline of over 22% in the past month, there has not been the large-scale outflow from spot Bitcoin ETF holdings that had previously raised concerns; the holdings have remained relatively stable since February of this year, indicating that the structure of ETF investors' positions is more resilient than expected. He believes that a significant trigger for this round of decline was Strategy selling 32 BTC, but based on historical experience from the end of 2022, it is likely that Strategy will soon conduct a larger-scale repurchase, with the buyback potentially reaching 10 to 100 times the amount sold. If buying pressure is confirmed, it will serve as an important signal for the market to hit bottom. Kendrick maintains his year-end price targets of $100,000 for Bitcoin and $4,000 for Ethereum, and he stated that while there is still a risk of Bitcoin falling below $60,000, gradually building positions at this stage is more reasonable than attempting to time the bottom precisely.

[Standard Chartered: Bitcoin Nearing Bottom, Current Price May Be Ideal Buying Zone]On June 4, after a significant correction in the crypto market, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that the bottom for Bitcoin is "almost formed," and the current price range may represent a long-awaited buying opportunity for investors. Kendrick noted that despite Bitcoin's decline of over 22% in the past month, there has not been the large-scale outflow from spot Bitcoin ETF holdings that had previously raised concerns; the holdings have remained relatively stable since February of this year, indicating that the structure of ETF investors' positions is more resilient than expected. He believes that a significant trigger for this round of decline was Strategy selling 32 BTC, but based on historical experience from the end of 2022, it is likely that Strategy will soon conduct a larger-scale repurchase, with the buyback potentially reaching 10 to 100 times the amount sold. If buying pressure is confirmed, it will serve as an important signal for the market to hit bottom. Kendrick maintains his year-end price targets of $100,000 for Bitcoin and $4,000 for Ethereum, and he stated that while there is still a risk of Bitcoin falling below $60,000, gradually building positions at this stage is more reasonable than attempting to time the bottom precisely.

Standard Chartered: Bitcoin Nearing Bottom, Current Price May Be Ideal Buying Zone

On June 4, Glassnode data showed that as Bitcoin briefly dropped to $61,300, the number of BTC in an unrealized loss state rose to approximately 10.5 million, surpassing the 9.8 million in profit for the first time, accounting for over half of the total circulating supply. This marks the first occurrence in this cycle where the amount of loss-making coins exceeds that of profit-making coins. Historical data indicates that this indicator has only appeared during deep bear market phases and has often corresponded with significant market bottoms. Similar situations were observed during the bear markets of 2015, 2019, 2020, and 2022, although the duration varied from one month to a year. Meanwhile, Bitcoin's price touched the 200-week moving average at around $61,300, a level that has consistently provided key long-term support during past bear markets. Analysts suggest that if BTC falls below the $60,000 threshold, the next important support level will be around the realized price of approximately $54,000, a level that Bitcoin has breached during previous major bear markets.

[Analysis: Over Half of Bitcoin Holdings in Unrealized Loss, Historical Bear Market Bottom Indicator Triggered Again]On June 4, Glassnode data showed that as Bitcoin briefly dropped to $61,300, the number of BTC in an unrealized loss state rose to approximately 10.5 million, surpassing the 9.8 million in profit for the first time, accounting for over half of the total circulating supply. This marks the first occurrence in this cycle where the amount of loss-making coins exceeds that of profit-making coins. Historical data indicates that this indicator has only appeared during deep bear market phases and has often corresponded with significant market bottoms. Similar situations were observed during the bear markets of 2015, 2019, 2020, and 2022, although the duration varied from one month to a year. Meanwhile, Bitcoin's price touched the 200-week moving average at around $61,300, a level that has consistently provided key long-term support during past bear markets. Analysts suggest that if BTC falls below the $60,000 threshold, the next important support level will be around the realized price of approximately $54,000, a level that Bitcoin has breached during previous major bear markets.

Analysis: Over Half of Bitcoin Holdings in Unrealized Loss, Historical Bear Market Bottom Indicator Triggered Again

According to monitoring by Beating, Nvidia has acquired Kumo AI, a predictive artificial intelligence startup founded five years ago, for a reported amount exceeding $400 million. The acquisition aims to leverage Kumo's predictive large models to provide predictive analytics services based on structured data for enterprise clients. Kumo's three co-founders, including former Pinterest CTO Vanja Josifovski, Stanford professor Jure Leskovec, and former LinkedIn AI head Hema Raghavan, will join Nvidia in May 2026. Enterprise structured data consists of multiple interrelated data tables, which are generally difficult for large language models to parse directly. Kumo combines graph machine learning technology with synthetic data generated in simulated business environments to train proprietary large models capable of predicting customer churn rates or payment defaults, thus enabling intelligent predictions on enterprise data warehouses. Nvidia may integrate Kumo's technology into its AI Foundry software services to assist businesses in combining private data with domain knowledge to customize proprietary models tailored to their business scenarios. In April 2026, Kumo released its latest predictive model, KumoRFM-2. Currently, Kumo's partners and clients include companies such as DoorDash, Reddit, Databricks, and Snowflake. Compared to its $20 billion acquisition of Groq's inference chip technology at the end of 2025, Nvidia shows a preference for smaller to medium-sized transactions in its mergers and acquisitions. According to securities regulatory filings, Nvidia's cumulative acquisition spending over the past five years is approximately $3 billion.

[Nvidia Acquires Predictive AI Startup Kumo for Over $400 Million]According to monitoring by Beating, Nvidia has acquired Kumo AI, a predictive artificial intelligence startup founded five years ago, for a reported amount exceeding $400 million. The acquisition aims to leverage Kumo's predictive large models to provide predictive analytics services based on structured data for enterprise clients. Kumo's three co-founders, including former Pinterest CTO Vanja Josifovski, Stanford professor Jure Leskovec, and former LinkedIn AI head Hema Raghavan, will join Nvidia in May 2026. Enterprise structured data consists of multiple interrelated data tables, which are generally difficult for large language models to parse directly. Kumo combines graph machine learning technology with synthetic data generated in simulated business environments to train proprietary large models capable of predicting customer churn rates or payment defaults, thus enabling intelligent predictions on enterprise data warehouses. Nvidia may integrate Kumo's technology into its AI Foundry software services to assist businesses in combining private data with domain knowledge to customize proprietary models tailored to their business scenarios. In April 2026, Kumo released its latest predictive model, KumoRFM-2. Currently, Kumo's partners and clients include companies such as DoorDash, Reddit, Databricks, and Snowflake. Compared to its $20 billion acquisition of Groq's inference chip technology at the end of 2025, Nvidia shows a preference for smaller to medium-sized transactions in its mergers and acquisitions. According to securities regulatory filings, Nvidia's cumulative acquisition spending over the past five years is approximately $3 billion.

Nvidia Acquires Predictive AI Startup Kumo for Over $400 Million

On June 4, a recent survey conducted by the Tokyo Shoko Research Company, a Japanese private research institution, revealed that the ongoing tensions in the Middle East are negatively affecting the business activities of Japanese companies, with some bankruptcy cases linked to the situation. The survey results indicate that nearly 80% of the responding companies reported being impacted to varying degrees, and nearly half of the respondents believe that if the situation persists, they will have to reassess their business strategies.

[Survey Shows Middle East Situation Impacts Japanese Business Operations]On June 4, a recent survey conducted by the Tokyo Shoko Research Company, a Japanese private research institution, revealed that the ongoing tensions in the Middle East are negatively affecting the business activities of Japanese companies, with some bankruptcy cases linked to the situation. The survey results indicate that nearly 80% of the responding companies reported being impacted to varying degrees, and nearly half of the respondents believe that if the situation persists, they will have to reassess their business strategies.

Survey Shows Middle East Situation Impacts Japanese Business Operations

Nasdaq 100 futures have expanded their decline to 1.3%, reaching an intraday low, while S&P 500 futures fell by 0.4% and Dow Jones futures rose by 0.4%.

[Nasdaq 100 Futures Drop 1.3%]Nasdaq 100 futures have expanded their decline to 1.3%, reaching an intraday low, while S&P 500 futures fell by 0.4% and Dow Jones futures rose by 0.4%.

Nasdaq 100 Futures Drop 1.3%

On June 4, according to Xinhua News Agency, sources from Lebanese security agencies and local witnesses confirmed that the Israeli army has started a gradual withdrawal from Debin Town in the Marjayoun area of southern Lebanon.

[Israeli Army Begins Withdrawal from Debin Town in Southern Lebanon]On June 4, according to Xinhua News Agency, sources from Lebanese security agencies and local witnesses confirmed that the Israeli army has started a gradual withdrawal from Debin Town in the Marjayoun area of southern Lebanon.

Israeli Army Begins Withdrawal from Debin Town in Southern Lebanon

3 июня сингапурский бенчмарк индекс вырос на 1,1%, достигнув исторического максимума в 5150,69 пункта.

[Сингапурский бенчмарк индекс достиг рекордного уровня, вырос на 1,1%]3 июня сингапурский бенчмарк индекс вырос на 1,1%, достигнув исторического максимума в 5150,69 пункта.

Сингапурский бенчмарк индекс достиг рекордного уровня, вырос на 1,1%

VVV Surges Over 10x This Year, Is the Base Ecosystem the Last Hope for Crypto AI?

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

One Article Deconstructs the Investment Methodology of 'Stock God Serenity'

Deconstructing the Investment Methodology of the 'Stock God Serenity' in One Article

Sharplink CEO: Ethereum's Future Is Playing Out Now

Kalshi and Coinbase Receive CFTC Approval, Ushering in the Most Regulation-Friendly Era for the Crypto Industry?

Weekly Token Unlocks: HYPE Unlocks $650M Worth of Tokens

A $300 Used Mining Rig Mined a $230,000 Bitcoin Block

Over $1 Billion in Cryptocurrencies Forced to Liquidate, Bitcoin Plunges 6% Below $67,000

Bulls Approach the Ceiling

Article

BTC Falls Below $66,000

bill currently trades at 0.084864 USDT, up 10.48% in 24h, according to HTX market data.

Сингапурский бенчмарк индекс достиг рекордного уровня, вырос на 1,1%

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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