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#Weekend Market Analysis
As we head into the weekend of June 7, 2025, the crypto market remains a dynamic landscape marked by recent volatility. Bitcoin (BTC) has rebounded to approximately $104,500 after briefly teasing the $101,000 level, yet the overarching sentiment, as reflected by a drop in the Fear and Greed Index, suggests a prevailing caution following recent price corrections from new all-time highs. Ethereum (ETH) is currently trading around $2,470, showing some struggle to maintain momentum despite earlier gains and significant ETF inflows, with technical indicators hinting at oversold conditions. Meanwhile, while some altcoins like 1Inch Network (1INCH), Hyperliquid (HYPE), and Quant (QNT) are showing promising technical signals and positive price movements driven by protocol updates or community hype, the broader altcoin market, including memecoins like Dogwifhat ($WIF), PEPE, DOGE, and SHIB, has seen declines, indicating a potential shift of capital towards Bitcoin as we enter "Bitcoin Season" according to the Altcoin Season Index. Investors should closely monitor upcoming macroeconomic data and political developments, as these continue to be significant drivers of market movements.