On June 10, the CLARITY Act will be voted upon in Congress, potentially allowing $1 trillion in institutional money into crypto and leading to a 20-30% Bitcoin price increase on approval.
June 11 brings two significant events: CPI Inflation Data release at 8:30 AM ET could impact crypto prices, and NVIDIA's AI Keynote at 11:00 AM CEST where AI tokens tend to increase 10-20% on NVIDIA news.
Upcoming token unlocks may create selling pressure: IMX unlocks 24.5M tokens on June 13, and STRK releases 127M tokens on June 15, suggesting potential price dips before unlocks and buying opportunities after.
Traders can capitalize on bullish scenarios by going long on BTC, ETH, and layer 2 tokens, with target prices of $120K for Bitcoin and $3K for Ethereum; while preparing for bearish scenarios by hedging with stablecoins or shorts on unlock tokens if inflation rises or regulation delays occur. The coming week promises high volatility and potential 20%+ price swings in the crypto market.