Alex Kuptsikevich, Chief Market Analyst at FxPro, mentioned that the recent Depth pullback of BTC may be attributed to other factors, such as the easing of geopolitical tensions between Lebanon and Israel, which weakened investors' demand for safe-haven assets like BTC. Additionally, Matt Mena, chiffrement research strategist at 21Shares, stated that this kind of pullback behavior has also occurred at previous highs of BTC. He explained, 'In March this year, when BTC was hovering around the historical high of $69,000, a similar pattern occurred. BTC stayed around this price level for nearly seven days before finally breaking through... When the price approaches this level, many participants from the previous cycle start to take profits as they expect a possible pullback.'

CoinDesk reports that ETF provider ProShares has announced the launch of two Ethereum-linked ETFs: ETHT and ETHD. ProShares Ultra Ether ETF (ETHT) aims to achieve a daily return rate of 2 times that of Ethereum, while ProShares UltraShort Ether ETF (ETHD) will be the first product of its kind to be listed in the United States, with a target daily return rate of -2 times that of Ethereum. Both ETFs are expected to be listed on the New York Stock Exchange on Friday, June 7th.