The crypto market is facing four simultaneous bearish factors—hard not to drop: Internal Issue 1: Longest consecutive ETF outflows in history. Internal Issue 2: MicroStrategy selling off. External Issue 1: Crypto funds siphoned off by U.S. stock market AI giants. External Issue 2: The World Cup kicks off. Catalysts: (1) 88% probability of a rate hike by the Bank of Japan in June. (2) June 16: FOMC meeting coincides with the Bank of Japan meeting, leading to a double tightening of global liquidity. The strength of the bulls is gradually weakening—next week doesn’t look good for $BTC!