In the past hour, total liquidations across the network reached $13.74 million, with $10.07 million from long positions, with $3.66 million from short positions. BTC liquidation $4.22 million, ETH liquidation $5.80 million.

MyToken Short-Term Trading Assistant detected a sell signal of ETH/USDT at UTC/GMT 03:00:00 am, Jun. 16, with the sell price at 1769.36 USDT. The last buy price is at 1717.98 USDT, and the profit is +2.99%!
 To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

Token | Trading Volume 【BTC】3.45 billion 【UNI】189.46 million 【NEAR】936.35 million 【WLD】2.75 billion 【TIA】53.07 million 【TRUMP】37.58 million 【PI】1.56 million 【CORE】637,934.05 【GWEI】11.32 million 【SPACE】7.07 million

According to data from WEEX TradFi, as reported by Odaily Planet Daily on June 16th, the space economy narrative continues to heat up due to SpaceX's (SPCX) strong performance since yesterday. However, funds are clearly concentrated in leading stocks, putting short-term pressure on some smaller stocks within the sector. SPCXON has surged over 28% in the past 24 hours, with its market capitalization approaching $2.6 trillion. Meanwhile, other space concept stocks in the same sector, such as RKLBON (Rocket Lab), ASTSON (AST SpaceMobile), RDWON (Redwire), and LUNRON (Intuitive Machines), have seen pullbacks, further highlighting the leading effect of SpaceX. WEEX Labs believes that the capital-drawing effect after SpaceX's IPO resonates with the long-term growth logic of commercial spaceflight, driving market funds to concentrate on leading companies. Although some stocks within the sector are under short-term pressure, the overall trend still reflects the transformation of the space economy from a conceptual narrative to actual commercial implementation.

According to a report by CoinWorld, JPMorgan Chase analyzed the large-scale AI model industry in China. The report points out that as the monetization path for large models converges towards enterprise workflows, API consumption, code, and intelligent agents, investors will increasingly focus on the actual capabilities, task completion rates, and pricing power of the models. Given that AI adoption demand still exceeds inference computing power supply, if developers quickly withdraw from premium pricing, it reflects a lack of market recognition of their model capability improvements. The bank is relatively optimistic about Zhipu (02513.HK) within the sector, reiterating its "Overweight" rating. The bank is optimistic about Zhipu AI's pricing power, noting that its ability to double its API prices this year while maintaining continuous business growth fully validates the market's recognition of its large-scale model value. The bank raised its revenue forecasts for Zhipu AI by 26% to 42% for fiscal years 2026 to 2030, while lowering its adjusted net loss forecast, significantly increasing its target price from HK$950 to HK$1400.