As of June 6, 2025, the crypto assets market has experienced a pullback for three consecutive days, with Bitcoin briefly falling below $107,000 and Ethereum declining over 7%, resulting in a total market capitalization loss of over $100 billion. The main reasons include:

1. Celebrity Public Opinion Shock: Musk and Trump openly confront each other over the Epstein case document controversy, raising market concerns about political risks and the escalation of policy regulation, leading to intensified panic selling;

2. Macroeconomic policy pressure: The expectation of a delayed interest rate cut by the Federal Reserve and high interest rates, combined with Trump's proposal to impose tariffs on the EU, have put pressure on the linkage between traditional finance and the crypto market;

3. Technical Adjustment: After Bitcoin previously broke through the new high of $112,000, some investors took profits, triggering technical selling pressure;

4. Regulatory Uncertainty: After the passage of the U.S. "GENIUS Act" bill, the market is sensitive to short-term fluctuations in the compliance process, with some funds shifting towards anti-fall sectors such as PayFi and RWA.

Current market sentiment is cautious, but analysis suggests that short-term disturbances do not change the medium-term trend. If the key support levels are maintained, it may present a structural opportunity window.