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BlockBeats reported that on June 8, all three major US stock index futures rose in pre-market trading on Monday. Nasdaq 100 futures rose by 1.1%, S&P 500 futures increased by 0.6%, and Dow futures went up by around 85 points. Previously, the Nasdaq Composite Index plunged 4.2% last Friday due to profit taking in chip stocks, marking its largest single-day drop since April 2025. Chip stocks rebounded on Monday, with memory chip manufacturer Micron Technology rising over 3% in pre-market trading after plunging 13% last Friday. NVIDIA and Broadcom also moved higher before the opening bell. The Philadelphia Semiconductor ETF (SOXX) climbed 2.4% in early Monday trading, after it plunged 10% last Friday, the largest single-day loss in more than six years. Regarding the Middle East situation, Iran launched a missile attack on Sunday, raising market concerns about the stability of the ceasefire agreement. The Israeli Defense Forces subsequently announced that they had carried out a “large-scale strike” on Iran’s strategic defense system. International oil prices rose, with WTI crude surpassing $92 per barrel, but later retreated from highs as US President Trump said that Israel and Iran were seeking an “immediate ceasefire.” Asian markets generally retreated, dragged down by last Friday’s sharp drop in the Nasdaq. The Korea Composite Index (Kospi) closed down by more than 8%, while Japan’s Nikkei 225 ended down 3.85%. Callie Cox, chief market strategist at Ritholtz Wealth Management, stated that the stock market may be becoming a victim of its own success. Even though the job market has improved, persistent high inflation still worries markets. Growth stocks and momentum strategies performed too strongly since the March lows, and may now face correction pressures in an environment of high interest rates and high inflation. This week, markets will also focus on US inflation data and the initial public offering (IPO) of Elon Musk’s SpaceX on Friday. This deal is expected to become one of the largest IPOs in Wall Street history, and may serve as a key point for investors to test the valuation logic for AI-related companies. Callie Cox noted that historically, super-large IPOs often occur when market sentiment is overheated; thus, SpaceX’s listing is particularly significant for market sentiment.

Jinse Finance reported that according to Alpha's latest report, Bitcoin has entered a deeper adjustment phase, with the recent decline mainly influenced by record outflows from spot ETFs, the deleveraging of derivatives, and continued pressure from a high-interest macro environment. Currently, the yield on the 10-year US Treasury remains above 4.45%, and market expectations for a Federal Reserve interest rate cut have further diminished. On-chain and capital flow data indicate the market is now closer to a “distribution phase” rather than “panic selling.” The cumulative volume delta (CVD) for spot trading has shifted from strong accumulation between April and May to a significant negative, indicating that recent buyers continue to exit the market. The cost basis for short-term holders has fallen below the True Market Mean of $77,800, meaning a large number of new investors are in an unrealized loss position, adding strong selling pressure for any subsequent rebound. As the price gradually approaches the overall realized cost basis of around $53,900, the market’s tendency to reduce positions during rebounds becomes increasingly evident.

The Iranian armed forces announced the cessation of military actions against Israel, causing international oil prices to drop sharply. WTI crude oil fell 2% in the short term and is now up 1.7% at 92.07.