Mid-Week Risk Check: Fresh Prices, Updated Stops—NEAR Now Active at $2.44
Updated quotes and stops: NEAR fill confirmed at $2.44, CAKE short in play ahead of today’s unlock, and AVGO prints tomorrow. Make sure your bands are set before Friday’s jobs data.
MID-WEEK RISK CHECK · Wed 4 June 2025
Apologies. Running late with today’s Mid-Week Risk Check due to an Internet issue earlier (fiber line was cut).
Macro snapshot
Dollar: DXY keeps leaking lower (≈ 98.8 mid-day).
Vol: VIX fades to 17.7 after Monday’s bluff spike.
Rates: 10-yr note eases to 4.41% on soft ISM-services read.
Risk mood: desks are unwinding mega-cap-software longs and rotating into networking gear, cyber-sec, power-management. Crypto volumes favor AI-compute (RNDR), liquid-staking (LDO, PYTH) and BTC side-chains (ORDI) ahead of early-June releases.
Risk Gauge (vs. last Wednesday)
VIX: 17.7 ↓ (-1.1 pts)
DXY: 98.8 ↓ (-0.3)
US 10-yr: 4.41% ↓ (-0.17 pp)
BTC perp funding (Binance): +0.01% ≈ flat
Rotation note: net flows left mega-cap software for ANET / SMCI / CYBR / MU and their suppliers; on-chain, traders are adding to RNDR, PYTH, TIA ahead of their June milestones and fading CAKE into next week’s unlock.
