In the past hour, total liquidations across the network reached $10.18 million, with $588,590.93 from long positions, with $9.59 million from short positions. BTC liquidation $2.57 million, ETH liquidation $3.75 million.

Odaily Planet Daily News: Key events in the capital markets next week: 1. The highly anticipated SpaceX initial public offering (IPO) will take place next week. This massive financing, which could rewrite capital market history, will be a major test for the US stock market. 2. The US May CPI report, scheduled for release next Wednesday, will show how soaring oil and gasoline prices are affecting inflation. 3. The two strongest performing IPOs in Hong Kong stocks—Zhipu and MiniMax—are expected to be included in the Hang Seng Tech Index starting June 8th. 4. The World Cup kicks off: The 2026 USA-CMC World Cup will be held from June 11th to July 19th, 2026. 5. The quarterly earnings reports of tech giants Oracle (after Wednesday's market close) and Adobe (after Thursday's market close) will also be closely watched. 6. Apple's 2026 World Developers Conference (WWDC 2026) will be held from June 8th to 12th (June 9th to 13th Beijing time).

Odaily Planet Daily reports that Trump stated there are currently no plans to withdraw US troops from the Middle East, even though he believes Iran's defensive and offensive capabilities have been severely weakened and the temporary ceasefire agreement is fragile and frequently violated. "We have completely destroyed their military force," he said. "They still have some missiles and drones left." He added that he believes Iran has only "21% to 22%" of its pre-war missile stockpile. However, this does not mean the 50,000 US troops deployed to the region will return home anytime soon. Trump said, "Keeping them there costs very little." He later added, "I think it would be foolish to do that (withdraw US troops) because we might be able to use the US military presence to force Iran to make concessions at the negotiating table." (Jin Shi)

Odaily Planet Daily reports that Serenity, the self-proclaimed "new stock market guru," has updated his profile on the X platform. In addition to his existing description as an "AI/Semi Supply Chain Analyst," he has added a Chinese description: "White-haired Stock God." His profile now reads "AI/Semi Supply Chain Analyst," and retains information such as "former RISC-V Foundation member, AI research scientist, currently focusing on uncovering unknown industry bottlenecks."

Odaily Planet Daily reports that Trump stated the blame for Iran's nuclear weapons program should be placed on his previous administration. He pointed out that during former President Obama's administration, a six-nation negotiating team reached an agreement with Iran: Iran would limit its nuclear weapons development activities in exchange for the international community easing sanctions and unfreezing some of its frozen assets. Trump withdrew from this agreement during his first term. Trump stated that any agreement reached with Iran would not immediately unfreeze Iranian assets. Trump said, "That's a later thing. If they behave well, if they do a good job, then we'll start talking about these things." (Jin Shi)