Critini Analyst: Micron’s strategic importance is far greater than currently perceived; in the AI era, inference is memory.

Serenity has released an analysis on whether automotive and robotics supply chains are converging, taking Germany’s Schaeffler (market cap ~€7.47 billion) as a key case study. Schaeffler has partnered with 45 humanoid robot firms, with its product portfolio covering core components including bearings, gearboxes, sensors/ECUs, actuators, and power electronics. The company estimates its products make up roughly 50% of a humanoid robot’s bill of materials, and targets 10% of the segment’s market share. However, Schaeffler’s 2030 robotics revenue forecast is only in the hundreds of millions of euros—far lower than Elon Musk’s optimistic outlook for the market. Serenity dubs this a typical "sandbagging forecast," a deliberate understatement. Serenity also highlighted other notable targets, such as Nabtesco (focused on joint reducers) and Sanhua Intelligent Controls, which supplies components for Tesla’s Optimus robot. On the investment front, Serenity argues these traditional auto parts firms are currently undervalued due to drag from their core automotive businesses, while humanoid robots and AI-powered vehicles will serve as key growth vectors. The chairman of TSMC recently also cited AI vehicles as a growth vector. But a critical prerequisite is the emergence of killer apps and leading downstream players—similar to ChatGPT or Anthropic—to truly drive the entire upstream supply chain ecosystem. Currently, robotics business accounts for only ~1% of these firms’ total revenue, so the market remains focused on immediate bottlenecks like memory chips and MLCCs in the short term. Serenity predicts that as humanoid robots evolve along different architectural routes, future "unexpected supply chain bottleneck surprises"—akin to HBM or MLCC—will emerge, bringing pricing power and revaluation opportunities for early-positioned companies. In terms of timing, post-2027 is likely to act as a clear catalyst.

Jupiter’s Strategic Reserve Trust Fund, nicknamed the Jupiter Litterbox Trust, added 177,570 JUP tokens yesterday, worth approximately $39,000. This month, the fund has accumulated 13,346,232 JUP in purchases, valued at around $2.93 million. As of press time, its total JUP purchases reach 142,703,464, worth roughly $31.4 million. The Jupiter Strategic Reserve Trust Fund is Jupiter’s official on-chain treasury, with 50% of the protocol’s revenue automatically allocated to it. It uses smart contracts to continuously buy and hold JUP tokens on the open market, earning the community’s "Litterbox Trust" moniker.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale made a single purchase of SK Hynix (ticker: SKHYNIX) worth $5.455 million on Binance. Market data shows that the SKHYNIX contract price on Binance briefly rose to $1,830 and has now fallen back to $1,786.

Crypto analyst Murphy, using the "Post-halving MVRV Overlap Curve" framework, analyzed that volatility in the current cycle is severely compressed—neither highs are high enough nor lows low enough. The current BTC trading channel corresponds to an MVRV ratio of approximately 1.12 to 1.30, translating to a BTC price range of roughly $59,000 to $70,000. Murphy judges that the short-term has already neared the channel’s lower boundary around $59,000. Before July 23, BTC is likely to see a weak rebound or consolidate at current levels, with little probability of falling to $50,000. If a rebound occurs, its height is not expected to exceed the $69,000 to $70,000 range corresponding to an MVRV of 1.30. From a mid-term rhythm perspective, Murphy believes the real bottom-grinding pullback is most likely to occur after July 23 or August 23, aligning with the traditional four-year cycle pattern. The period around September to October may mark a more significant trend-changing window. On the price front, Murphy clearly stated that Bitcoin below $60,000 is undervalued. The overall short-term outlook is not pessimistic, but there is no rush to aggressively bottom-fish. The current market is more like a range-bound consolidation plus weak rebound pattern, and the period after late July to August is what really needs caution.

According to Al Jazeera, Iranian Foreign Minister Araghchi stated during a visit to Iraq that Iran will have full control over the Strait of Hormuz within the next 30 days. "I have briefed Iraq’s foreign minister on the latest outcomes of the war imposed on Iran, as well as progress related to the memorandum of understanding (MoU) signed between Iran and the United States. Within the coming 30 days, the Strait of Hormuz will remain under Iran’s full supervision and management. Once all obstacles are removed, the waterway’s full navigational capacity will be restored. This is exactly what we are working toward. Iran bears this responsibility. No other party or country is involved in this matter. This is clearly stipulated in the MoU. Any intervention or unilateral action will lead to a deterioration of the situation and delay the strait’s reopening."

According to Lookonchain's monitoring, Wang Chun, co-founder of F2Pool, has once again withdrawn 4,950 ETH from Binance, valued at approximately $7.74 million. Since May 26, Wang Chun's address has cumulatively withdrawn 91,945 ETH (worth around $159.9 million) and 973 WBTC (valued at about $60.72 million) from Binance.