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Vitalik Buterin's tweet sent the ETH and SHIB markets into a frenzy: what's next? Vitalik Buterin's X post has caused significant speculation and volatility in the cryptocurrency market, especially Ethereum (ETH) and Shiba Inu (SHIB). Cryptocurrency influencer Lola's hint to Ethereum co-founder Buterin suggests a scenario where Shiba Inu (SHIB) becomes redundant in the Ethereum ecosystem. Recent market dynamics show a volatile pattern, with ETH priced at $3,176.55 facing resistance at a key level, while SHIB is currently trading at $0.00001549, striving to overcome its own support and resistance challenges. ETH has experienced significant fluctuations in the past day, undergoing a notable decline with a 24-hour change rate of -5.16%. The key resistance levels are at $3,349 and $3,300, forming significant obstacles, indicating difficulty in price increase. On the contrary, support levels around $3,150 and $3,200 provided some stability, but bearish sentiment still exists with RSI at 33.02, indicating the possibility of overselling. MACD trades below the signal line, enhancing short-term bearish momentum. By contrast, the current price of SHIB is $0.00001549, a decrease of 8.22% in the last 24 hours, with the trading volume increasing to $282.64 million. The token faces strong resistance at $0.00001689 and $0.00001630, while finding support near $0.00001530 and $0.00001550. Despite its oversold RSI reading of 26.93, indicating potential for a price rebound, the upward trend of the MACD above the signal line suggests a bullish momentum is emerging. If ETH breaks through the resistance level of $3,300, there may be a bullish outcome with a target price of $3,349 or higher. Similarly, if SHIB breaks through the resistance level of $0.00001630, there may be a bullish surge with a target price of $0.00001689. On the contrary, if ETH falls below $3,150, there may be a bearish reversal with a possible test of lower support levels, while SHIB may further drop below $0.00001530. (Data Source: Maxwell Mutuma)

1. JPMorgan: It is expected that the Bank of Japan will keep interest rates unchanged and decide to reduce the total monthly purchase amount of Japanese government bonds from ¥57 trillion to ¥51-53 trillion. 2. UBS Group: It is expected that the Bank of Japan will keep interest rates unchanged, with only a 15 basis point hike in October, followed by three more hikes, each by 25 basis points, bringing the interest rate to 1% next year. 3. HSBC: It is expected that the Bank of Japan will keep interest rates unchanged, with the most likely rate hike in July. This time, there is expected to be more communication about bond purchases, and the reduction in bond purchases is not expected to attract widespread attention. 4. Sumitomo Mitsui: It is expected that the Bank of Japan will keep interest rates unchanged, while considering reducing the scale of bond purchases. If the purchase volume of new bonds is greater than the amount of government bonds that have matured, it would imply quantitative tightening (QT). 5. Nomura: It is expected that the Bank of Japan will keep interest rates unchanged. If the Bank of Japan considers a rate hike in July, this meeting is likely to give a hint, otherwise the probability of a rate hike in July may weaken. 6. Capital Economics: It is expected that the Bank of Japan will keep interest rates unchanged, and a rate hike in July is possible, which may also be the last rate hike of the year. It is very likely to announce a reduction in the purchase of Japanese government bonds. 7. ANZ Bank: It is expected that the Bank of Japan will raise interest rates by 15 basis points, and then raise them by 25 basis points in October. Quantitative tightening will be put on the agenda, and any reduction in bond purchases is unlikely to be a fixed amount. 8. BNP Paribas: It is expected that the Bank of Japan will raise interest rates as early as today. Due to the mild nature of the rate hike, it will not provide support for the yen. The forecast for the USD/JPY exchange rate at the end of the year is 150.

Jun 13th, Jinshi data, Bankrate's Chief Financial Analyst Greg Mcbride said the May CPI report released on Wednesday morning is the so-called 'more (good) inflation report' we hope to see in the coming months. The only hint admitted in the Fed's statement is that 'moderate' progress has been made towards achieving the 2% inflation target, rather than the 'lack of' progress mentioned in March.

On June 6, Mark Wall, chief European economist at Deutsche Bank, said that the Central Bank was in no hurry to ease policy, after the Central Bank cut Intrerest Rate, but did not hint at further easing. This is the first rate cut by the European Central Bank in almost five years, although inflation is tricky across the eurozone. The Central Bank said it remains determined to bring inflation down to 2% in a timely manner and will keep Intrerest Rate restrictive enough for as long as necessary to achieve that goal. With little guidance on the path in the coming months, the current tone in European Central Bank is a "hawkish rate cut," Wall said.

June 6th, Jinshi data, it is widely expected in the market that the European Central Bank will cut interest rates tonight. Ipek Ozkardeskaya, senior analyst at Swiss Bank, said in a report: "As this decision has been widely anticipated and has been digested by the market for months, it will not have much impact on market sentiment." Ozkardeskaya said the focus will be on what ECB President Lagarde will say about future measures and whether she will hint at a series of rate cuts afterwards.

The social sentiment of Dogecoin has turned bearish and dropped to the level of March. What does this mean for the price? Cryptocurrency analyst Ali Martinez recently revealed bearish sentiment on Dogecoin (DOGE). Interestingly, he believes this could be a good opportunity for the most important meme coin to invest in, as the situation may soon turn bullish. In a previous Twitter post, Martinez mentioned that the market sentiment for Dogecoin is as pessimistic as it was in early February. Specifically, the cryptocurrency analyst referred to the social volume and weighted sentiment of Dogecoin, which currently indicate a negative sentiment towards this meme coin. This social volume indicator refers to the amount of discussion of cryptocurrencies on social media platforms. Therefore, the decrease in Dogecoin's social volume indicates that traders are currently paying more attention to other meme coins. This is expected, as Dogecoin's price has been stagnant for a while, while other meme coins such as Dogwifhat (WIF) and Pepe (PEPE) have seen significant increases. However, Martinez said that Dogecoin will soon see a bull market reversal. He revealed that in February, when Dogecoin was plagued by such pessimistic sentiment, its price soared by over 200%. Dogecoin whales seem to have understood this hint and have taken the opportunity to accumulate more meme coins. Martinez revealed that these investors have purchased 700 million (112 million dollars). The cryptocurrency analyst also mentioned that since May 30th, these whales have purchased 200 million Dogecoin. This undoubtedly reflects the expectation of a significant price increase for Dogecoin in the near future. Cryptocurrency analyst Altcoin Sherpa recently suggested the possibility of Dogecoin quickly rising to $0.40. He claimed that as retail investors accumulate meme coins, this scenario will occur. He further mentioned Elon Musk's influence on meme coins, stating that 'a single stupid Elon tweet can crash it (Dogecoin).' He added that compared to other meme coins, Dogecoin has 'good liquidity/limited downside.' Crypto analyst Crypto Kaleo recently predicted that the Dogecoin season may be approaching. He hinted that after GameStop's stock price peaked in early 2021, Dogecoin would rise significantly in 2021. He believes that once GameStop reaches its market peak, Dogecoin may rise again. In another X post, Kaleo revealed that he is confident that Dogecoin will surpass Bitcoin in this cycle. He stated that the current price trend of Dogecoin is normal and claimed that this meme coin will "consolidate sideways for a long time and then grow rapidly vertically". The cryptocurrency analyst also pointed out that the market is in a meme super cycle and stated that the "meme king will not lag behind". According to the data, at the time of writing this article, the trading price of Dogecoin is about $0.15, which has dropped by more than 2% in the past 24 hours. (Data source: Scott Matherson)