Woofun AI reports that military conflicts between the US and Iran have resumed, straining the 60-day ceasefire agreement and pressuring oil prices near $70. In crypto markets, implied volatility for BTC and ETH continues to climb, driven by sustained spot ETF net outflows and broader equity market pressure.

Trading activity shows increased demand for BTC put options in the $55,000-$58,000 range expiring in July, alongside notable buying interest in $64,000 call options expiring on the 17th. Market attention now shifts to Federal Reserve Chairman Kevin Warsh's speech at the ECB forum, ISM Manufacturing PMI, and US non-farm payroll data, with high volatility expected due to low pre-holiday liquidity.