Analysis: ETH/BTC is currently forming a bullish "Cup and Handle pattern," with a key resistance level at 0.02596

June 2nd. As per official channels, World Liberty Financial (WLFI) declared a four-week event in conjunction with BNB Chain, PancakeSwap, and BUILDon to boost the adoption and liquidity of USD1 on the BNB Chain. The plan is intended to raise the Total Value Locked (TVL) of USD1, enhance exchange liquidity, and position USD1 as a leading stablecoin within the DeFi and BNB Chain ecosystem. This event is organized and sponsored by WLFI, BUILDon, and PancakeSwap. The judging panel members comprise representatives from WLFI and its co-founders, BUILDon community members, the PancakeSwap team, and Four.meme contributors. The event also receives support from BNB Chain, Four.meme, Aster, and ListaDao.

On June 2nd, according to official information, Strategy declared that it had once more augmented its holdings of BTC by 705 coins during the previous week. The average price was $106,495.

On June 2nd, FOX Business reporter Eleanor Terrett declared that with the intensification of negotiations on amendments, the U.S. Senate is gearing up for a potential vote on the "GENIUS Act". A recent poll has exerted greater pressure on U.S. lawmakers to take prompt action. The U.S. Senate is scheduled to resume work on Monday, with a vote set for 5:30 p.m. Eastern Time on a Defense Department nominee appointed by Trump. However, the real emphasis is taking place behind the scenes: lawmakers are striving for bipartisan cooperation between the U.S. Republican and Democratic parties on the "GENIUS Act" (a stablecoin legislation), and Republican leaders are hoping that the bill will pass the Senate this week. According to sources with knowledge of the matter, the bill's sponsors are working to reach a "unanimous consent agreement" in order to expedite the voting process on a series of amendments without having to initiate the full cloture procedure.

On June 2nd, US President Trump announced that the steel and aluminum import tariffs would be doubled to 50%, which triggered market expectations of a broader expansion of tariffs on commodities such as copper. Goldman Sachs warned that this could potentially have an impact on the metal market price structure. Meanwhile, the Ukraine-Russia conflict has not shown any signs of easing, and the increased pressure for sanctions on Russia has boosted gold buying. Against this backdrop, Bitcoin maintained a high-level oscillation. The market funds showed a strong wait-and-see attitude and had not clearly shifted to either risk assets or safe-haven assets. Bitunix analysts suggest that the market is currently in a dual period of "policy and geopolitics" uncertainty. Investors are advised to focus in the short term on whether BTC can rise above and hold steady at $105,000. If the news sentiment remains bearish, precautions should be taken to prevent prices from falling below $102,700, trigger

On June 2nd, according to HTX market data, Bitcoin briefly fell below $104,000 and is currently trading at $104,076, with a 24-hour gain narrowed to 0.07%.