Is BTC playing dead again? A 3% rise and it's already ecstatic?
Look at this trash trend. Climbing from 65,000 to 68,000, do you think this is a bull market? Wake up!
The on-chain liquidation map shows there are still $320 million in long positions waiting to be harvested below 66,000. Coinbase's premium has been negative for 5 days, and American institutions are not buying at all. Brother Ma's 25x long position has already lost 40 million and is still holding on, that's retail thinking.
Don't be fooled by this rebound. If it doesn't break 69,000, it's all an opportunity for the bears. If it breaks, directly look at 67,453, that's the real support level.
ETH is even funnier. A 4.7% rise and it thinks it's the leader? Look at the legend of SOL rising from $3 to $80, then see ETH still hovering around $2,000.
The whales are playing tricks again. They build their positions, call on retail to take over, and then run away at high prices. I've seen this script a thousand times.
Remember: the market is always right, and human nature is always greedy. At this position, light positions can be tried for longs, but heavy positions are throwing away money.
Watch 67,800 in the night session, and focus on the 69,000 resistance level tomorrow. If it doesn't break, continue shorting; if it breaks, be cautious of the bull trap.
BTC is playing dead again, do you think the bottom has been reached?
Look at this data: 68258 price, claiming an increase of 1.1%, but a daily fluctuation of 1.5% is meaningless. The daily high of 68600 and the daily low of 65938 indicate that both bulls and bears are crazily cutting each other.
The most disgusting data is here: yesterday's settlement price 68227, daily high 68600, daily low 65938. What does this mean? A daily drop of over 4%, then pulled back at closing. A typical false breakout followed by a washout strategy.
I see on-chain liquidation data showing a large number of long positions liquidated below 66000. Do you think this is support? No, this is a bigger trap. When you think the bottom has been reached, it's the moment the sickle falls.
What to watch? Watch the trading volume! BTC daily trading volume 220,000 contracts, ETH daily trading volume 5,930,000 contracts. What does that mean? ETH's trading volume is 2.7 times that of BTC. What does this indicate? Retail investors are crazily long on ETH while BTC is still in relatively healthy condition.
But what is the most critical signal? S1 buy point 68291 and the current price 68258 are only 33 dollars apart. What does this mean? The price is near the buy point, and a slight breakout could trigger a large number of stop-loss orders.
My judgment: Break 68291 look for 68100, if it doesn't break, try small positions long. Remember, don't go all in, 2% position is enough. Remember, don't be greedy, if it breaks, run, making 1% is still a profit.
The liquidation map from the day before shows that there are over 830 million long positions buried below 66600, and now it is repeatedly rubbing against that edge. You guys, if 67000 doesn't break, it's a strong long; if it breaks 66500, still holding on, is this gambler's thinking or what? Coinbase premium has been negative for three consecutive days, and American institutions are not taking over, just a group of retail investors cutting each other.
Above 67000, short-term can still be played, but remember: this rebound is an opportunity to escape the peak. If 66500 breaks, we will directly see 65000, that's the position to pick up cheap.
ETH is smarter, breaking 2050 is the top, watch for support at 2000 on the pullback. Arbitrage opportunities are in Ethereum, Bitcoin is just a fluctuation harvesting machine.
Remember: in a weak market, do not chase longs, in a fluctuating market, do not gamble on positions; making money is more important than proving yourself.
Market Overview BTC $67,952 (+1.41%) | ETH $2,074 (+2.24%)
Major Events 1. Kuwaiti tanker attacked, Trump threatens Iranian energy facilities 2. Trump willing to end the Iran war under the closure of the Strait of Hormuz 3. Iran launches missiles at Israel
Market Data 1. BTC breaks through the 68000 threshold, 24H increase of 2.13% 2. Whales short ETH with 20x leverage worth 20 million 3. RWA sector rises by 2.16% 4. SOL spot ETF sees a net outflow of 6.17 million USD in one day
Regulatory Policies 1. CFTC tightens regulation on prediction market contracts 2. U.S. Republicans propose U.S. mining bill 3. Nasdaq cancels the 10% float threshold
Project Updates 1. Coinbase establishes Next Bets internal venture capital 2. Upbit will launch SKY Korean won pair 3. Animoca launches AliBAE platform 4. STX will suspend deposits and withdrawals on April 2 5. Bitmine increases holdings of 71,100 ETH 6. Iran approves toll bill for the Strait of Hormuz
Market Sentiment: Cautiously Optimistic The market is moderately rising, BTC breaks through 68000, and ETH shows stronger gains. Long and short positions intertwine, with tension in the Middle East bringing risk-averse sentiment, but Trump's statements may ease the conflict. Support levels are 67000 and 2000, resistance levels are 69000 and 2100. $BTC #BTC $ETH #ETH $SOL #SOL
BTC holds at 67000, do you think this is the bottom? The on-chain liquidation map shows that there are $380 million in long positions piled up in the 66000-67000 range. Do you think this is the bottom? No, this is a bull trap. Coinbase premium has been negative for 4 consecutive days, and US institutions have not been catching the fall at all. Even more ridiculous is that yesterday, the 17x leveraged long position of my buddy has already been liquidated 5 times and is still holding on. ETH looks even weaker. A whale bought 1200 ETH for 2020 three hours ago and is now facing a loss of $80,000. This is a typical dead cat bounce. What do the data say? 1. BTC trading volume is down 15% compared to the same time yesterday, liquidity is exhausted 2. Funding rate plummeted from 0.05% to 0.01%, longs are retreating 3. Bitcoin ETF saw a net outflow of $320 million, US institutions are dumping after being fooled by 67000. It must break above 67376 to attempt a long, otherwise it's a rebound trap. If it breaks down below 66599, then we can talk about 66000. $BTC $ETH $BTC $ETH
15. **Polymarket NBA predictions active** — Account purchases $247,000, unrealized loss $32,000.
📊 **Technical Analysis** Bull-bear struggle: Geopolitical improvements provide support, Asia-Pacific decline creates a drag. ETH staking increase improves fundamentals, while crypto sector's widespread decline brings pressure. Support levels: BTC $65,000, ETH $1,950. Suggested to monitor developments, stabilization signals, and central bank decisions.
🔥 **Major Events** 1. **Iran's Foreign Ministry Coordinates Ship Passage Through the Strait of Hormuz** — Eases concerns over shipping disruptions and avoids further oil price increases. 2. **Strategy Makes Zero Bitcoin Purchases in the Past Week** — Holds 762,099 BTC worth $51.5 billion, a rare pause in buying. 3. **Morgan Stanley Launches Low-Fee ETF** — MSBT rate of 0.14% is the lowest in the U.S., managed by Coinbase, as traditional financial giants enter the crypto market.
📊 **Market Data** 1. **Global Public Companies' Bitcoin Purchases Plummet by 99.93%** — Strategy and Metaplanet halt purchases, only BHODL invests $72,000. 2. **Bitmine Increases Holdings by 71,100 ETH to 3.92%** — Institutional confidence in ETH increases, potentially providing price support. 3. **Spot Gold Jumps by $30 in the Short Term** — Increased geopolitical risk premium and rising risk aversion sentiment. 4. **Trader ANIME Makes 211 Times Profit in One Year** — 1.1 SOL becomes 232.2 SOL, with significant volatility in small-cap tokens.
🏛️ **Regulatory Policies** 1. **Nasdaq Accelerates Inclusion of New Stocks in Index** — "Fast Track Inclusion" mechanism to take effect in May, allowing SpaceX/OpenAI to quickly attract funding inflow. 2. **Bitget Upgrades AI Trading Infrastructure** — Adds 5 analytical Skills and 19 data tools to solve multiple signal processing challenges.
💡 **Project Updates** 1. **Multicoin Co-Founder Engages in DeFi Leverage Investment** — $10 million PRIME deposited in Kamino, borrowing $8.6 million USDC with an annual yield of 56.4%. 2. **Bitget Agent Hub Functionality Upgraded** — Integrates market analysis and trade execution, advancing AI towards structured strategies. 3. **Solana Ecosystem DeFi Activity Thrives** — 211 times return cases and large leverage investments show strong ecosystem vitality.
📈 **Market Sentiment: Cautiously Optimistic** Bullish and bearish factors: ETF launches and institutional accumulation support bulls, while public company purchase halts and profit-taking pressure bears. Key support: BTC 65,000-66,000, ETH 2,000; resistance: BTC 70,000, ETH 2,150. Trading suggestion: BTC buy low sell high, ETH focus on 2,000 support. Catalysts: Situation in Hormuz, April financial reports, Federal Reserve decisions.
Evening Toxic Review: BTC 67694 still playing dead? The funding rate of 0.002% indicates all dead longs. The selling point at 68751 and the buying point at 66500 are crucial. ETH 2070 is even crazier, with a 0.004% rate for high-level buying.
News about the U.S. airstrikes on Iran is everywhere. Do you think risk-averse funds will rush in?
Look at the data: BTC rose by 1.34% yesterday, while ETH increased by 2.23%. What logic is this? Short covering! There were too many shorts in Ethereum, and as soon as the situation in Iran became tense, the shorts quickly closed their positions, and ETH was forcibly pulled up.
The on-chain liquidation map shows that there are still over 320 million long liquidations below 66000. Do you think it's over? Big players are quietly adding shorts near 67000; 66000 is the trap they set to make retail investors think it's over and get in to buy.
However, regarding the airstrikes in Iran, the short-term outlook is bullish, while the long-term outlook is bearish. If the Middle East becomes chaotic, oil prices will skyrocket, and the Federal Reserve may have to raise interest rates more aggressively, which would eliminate Bitcoin's liquidity support. Yesterday, U.S. stocks fell, and if the situation escalates tomorrow, Bitcoin won't hold.
Trading advice: Do not chase long positions below 67000, and if it breaks below 66000, directly look for support at 65200. There is significant resistance above ETH 2025, and below 1957 is a golden pit.
🔥 **Major Events** 1. **Trump announces the U.S. may "seize Iranian oil" and occupy Hark Island** — This led to Brent crude futures rising over $4 to a peak of $116.71, reaching a 28-month high. 2. **U.S.-Iran conflict escalates, U.S. special forces deployed to the Middle East** — Hundreds of U.S. special operations forces arrived in the Middle East to act alongside Marines and Army paratroopers. 3. **Market briefly crashes and quickly rebounds** — ETH fell below 1940, BTC fell below 65000, then rebounded quickly after liquidating Machi traders.
📊 **Market Data** 4. **Bitfinex Bitcoin long positions reach a 28-month high** — Long positions rose to 79,343 contracts, the highest since November 2023. 5. **Short-term holders' MVRV in bear market zone** — MVRV dropped to 0.77, with investors generally facing a 30% loss over the past six months. 6. **Machi's position liquidated again, cumulative loss of $31.3 million** — Huang Licheng's partial position was liquidated again. 7. **Gold and silver both decline** — Gold fell by $4,448.19 (-0.99%), silver dropped by $68.664 (-1.43%). 8. **Japanese government bond yields rise to 27-year high** — Due to inflation concerns, Japanese bond yields hit a new high, and the Japanese stock market plummeted by 5%.
🏛️ **Regulatory Policies** 9. **CFTC chairman states "AI needs blockchain"** — Regulators clearly indicated that AI requires blockchain technology support. 10. **Australian stock market drops due to Houthi attacks** — Houthi attacks have raised inflation concerns.
💡 **Project Updates** 11. **Walmart OnePay adds over a dozen cryptocurrencies** — New additions include SUI, Polygon, Arbitrum, and more, totaling over ten types. 12. **Visa develops AI agent payment CLI, Stripe integrates Solana machine payments** — Traditional financial giants accelerate their layout in the AI + blockchain ecosystem. 13. **Ethereum holds 61.4% of tokenized assets** — $20.62 billion worth of tokenized assets settled on Ethereum. 14. **Whale buys 5,039 ETH at the bottom** — A whale holding 130,000 ETH repurchased 5,039 at $1,985, bringing their holdings to 138,234 ETH. 15. **Goldman Sachs: Crypto market approaching a cyclical bottom** — Adjustments are nearing the historical average level.
📈 **Market Sentiment: Cautiously Optimistic** Long and short positions intertwine: whales buying at the bottom + traditional finance positioning vs U.S.-Iran conflict + short-term losses + geopolitical risks. Support for BTC at 65,000 / ETH at 1,940, resistance at BTC 67,000 / ETH 2,100. Suggested to accumulate quality assets on dips, pay attention to the U.S.-Iran negotiations on April 6 and Ethereum upgrade in June. $BTC #BTC $ETH #ETH $SOL #SOL
9 million people protest across the U.S.: Only 0.9% away from the 3.5% critical point, why are protests in democratic countries "loud thunder but little rain"?
📍 Background of the event Over 9 million people across the U.S. have taken to the streets to oppose the policies of the Trump administration. From New York to Los Angeles, thousands of cities have erupted in protests simultaneously, covering all 50 states. The 9 million participants make up about 2.6% of the total U.S. population of 340 million.
📋 Breakdown of key data Research by Harvard University political scientist Erica Chenoweth: • 3.5% rule: When nonviolent protests reach 3.5% of the total population, the success rate exceeds 50% • The success rate of nonviolent movements is twice that of violent movements (53% vs 26%) • Historically, there have been no failures after crossing the 3.5% threshold
Current comparison: • Total U.S. population: 340 million • Protest participation: 9 million (2.6%) • Distance to critical point: 0.9 percentage points (about 3.06 million)
🔑 Analysis of core logic 1. Great power effect: 9 million is still short of the size of a medium-sized city compared to a population of 340 million 2. Pressure release valve effect: Institutional channels in democratic countries (elections, judiciary, media) can disperse and release pressure, more likely to translate into votes rather than revolution 3. Diffuse demands: Covering multiple issues such as immigration, layoffs, environmental protection, and foreign affairs, which expands the participation base but reduces structural impact
💡 Impact on the cryptocurrency market • Short-term: As social uncertainty increases, BTC volatility tends to rise by an average of 15-20% • Safe haven differentiation: Gold and BTC's "digital gold" narrative may receive attention simultaneously • Policy delays: Government focus shifting towards social stability may delay the advancement of cryptocurrency regulation
📊 Historical comparison • 2017 Women's March: 3-5 million • 2020 BLM movement: 15-26 million (participation rate of 4.4-7.6%, far exceeding the critical point, but ultimately achieving government turnover through elections rather than revolution) • 2026 Anti-Trump protests: 9 million+
Conclusion: A participation rate of 2.6% is very close to the critical point, but the resilience of the democratic system makes it more likely that the movement will lead to policy adjustments and electoral competition rather than systemic collapse. There are still about 3.06 million people away from the real critical point—or one midterm election.
BTC $66809 (0.55) | ETH $2000 (0.03) | Funding Rate BTC 0.003% / ETH -0.004%
【Key Events】
BTC R1: $67041 | S1: $66178
ETH R1: $2011 | S1: $1974
BNB R1: $614 | S1: $608
🔥 **Major Events**
1. **Iran Threatens US Middle Eastern Campuses, Triggering Market Panic** — Iran has threatened US universities in the Middle East, impacting regional stability and energy security.
2. **Iran Monitors USS Lincoln Aircraft Carrier in Real Time** — The Iranian Navy is monitoring the movements of the US aircraft carrier in real time; it will launch missiles if the carrier enters its range.
3. **Iran Issues 48-Hour Ultimatum to the US** — Trump demands restoration of passage through the Strait of Hormuz, breaking diplomatic buffer.
4. **US Ground Warfare Plan Revealed in Weeks** — The US military is preparing for ground operations against Iran, with Iranian armed forces awaiting attack.
📊 **Market Data**
5. **Divergent Performance in US Crypto Stocks** — Coinbase slightly down, MicroStrategy stable, market reaction to geopolitical risks becoming more rational.
6. **El Salvador's Bitcoin Reserves Hit Record High** — Reserves increased to 7,605 BTC worth $506 million, a new record for national Bitcoin reserves.
7. **Large Trump Token Transfer** — 5.48 million Trump tokens transferred to OKX worth $16.06 million, indicating activity in the political token market.
8. **Options Expiration Approaching, Volatility Increases** — BTC options put-call ratio is 0.56, with a notional value of $13 billion, potentially triggering price volatility.
9. **Bitcoin at New Buyer Cost Range** — Glassnode points out that Bitcoin is at the lower end of the $60,000-$70,000 range, with insufficient on-chain accumulation.
🏛️ **Regulatory Policies**
10. **ECB Questions Decentralization in DeFi** — Points out that protocols like Aave have highly centralized governance, with the top 100 holders controlling over 80% of the supply.
11. **Japan's Financial Services Agency Warns KuCoin** — KuCoin faces regulatory pressure after being accused of providing unregistered financial instruments to Japanese residents.
12. **EY Launches Blockchain Privacy Sandbox** — Supports developers in creating privacy-focused smart contracts on the EVM chain, promoting enterprise-level ZK applications.
13. **Turkey Removes Crypto Tax Clause** — Removes the proposed 0.3% transaction tax clause, easing tax pressure on the crypto industry.
💡 **Project Updates**
14. **BNP Paribas Launches Crypto ETN Product** — Introduces 6 Bitcoin and Ethereum ETNs to retail clients, increasing acceptance among traditional institutions.15. **Aave Governance Upgrade Sparks Internal Battle** — DeFi giant prepares protocol upgrade while internal governance disputes intensify.
16. **Sui Mainnet Upgrade Enables Address Aliases** — Upgraded to V1.68.1, enabling address aliases to improve user experience.
17. **Hong Kong and South Korea Web3 Policy Promotion Alliance Established** — Focusing on digital asset regulation, stablecoin mechanisms, and AI development, this is Asia's first cross-regional cooperation platform.
18. **Goldman Sachs: Crypto Market May Be Approaching a Phase Bottom** — Indicates the current correction is close to the historical average, showing relative optimism.
19. **Chen Jianqi of the Central Party School: Cryptocurrencies Reconstruct the International Monetary System** — Proposes a "dual-engine" Chinese solution for cryptocurrencies to reconstruct the international monetary system.
20. **Hunan Police Crack Virtual Currency Investment Fraud Case** — Seizes 310 grams of gold, cracking a new type of "two golds for cash" investment fraud.
📈 **Market Sentiment: Cautiously Optimistic** BTC and ETH both rose, as the market's reaction to the Iranian conflict became more rational. El Salvador's Bitcoin reserves hit a new high, and Heritage Bank of France launched ETNs, indicating progress in institutional adoption. Support levels: BTC 64,000/ETH 1900; Resistance levels: BTC 69,000/ETH 2100. It is recommended to pay attention to weekend geopolitical developments and ETF fund flows, and closely monitor developments in the Iranian situation.
$BTC Daily sell point: $66779 Daily buy point: $66014 $ETH Daily sell point: $2008 Daily buy point: $1983 $BNB Daily sell point: $613 Daily buy point: $609 BTC is playing dead again, do you think 66000 is the bottom? Look at this data: BTC funding rate 1.947‰, ETH funding rate -4.079‰. What does this signal mean? The long and short divide, BTC bulls are still holding strong, while ETH bears have taken the lead. Yesterday's pivot point was drawn really accurately: a stack of orders below BTC66000 really pushed it down to 66235. The critical level of ETH1990 was lost, directly hitting around 1980. Wake up, friends. If BTC66000 holds, you can try going long with a small position; if it breaks, look directly at below 65000. The battle between longs and shorts at the 2000 mark for ETH is fierce; if 1990 breaks, we need to watch for 1960. Global liquidity remains loose, but short-term panic sentiment is still present. If BTC closes above 66500 tonight, it might rally to 67000 tomorrow; if ETH stands above 2000, we can look towards 2050. Remember: Don't try to catch the bottom halfway up the mountain, and don't chase the highs at the mountain top. $BTC #BTC $ETH #ETH
BTC 66700 still pretending? ETH 2000 thought it peaked?
Come on, wake up!
Data shows BTC fell back after breaking 67200 last night, the key is that the support around 66200 is too strong. Yesterday's low was 66235, today's opening was 66234, this is not a coincidence, this is the whales quietly propping up the price.
Coinbase premium has been positive for 2 consecutive days, American institutions are quietly buying. The funding rate annualized at 8% indicates that short positions are being wildly liquidated. The long position ratio has risen to 58%, and there is indeed bullish confidence in the market.
However! The daily selling point at 67129 is not just for show. If this position cannot be broken in the next two days, the risk of a quick pullback to 66260 is very high. The pressure at ETH 2019 is even more obvious, bullish in the short term but don't chase highs.
Operation Suggestion: BTC 66250-66700 range layout for long positions, stop loss at 66000. ETH 1980-2000 can be lightly positioned, must reduce positions above 2015.
BTC 66520 is playing dead again? ETH 2003 holding on?
The data doesn't lie. BTC has fluctuated 6396 points in 24 hours, and ETH has fluctuated 67.84 points. This is not a consolidation; it's clearly a case of whales playing high sell and low buy.
The liquidation map shows that there are $320 million in long liquidations below 66000 and $180 million in long liquidations below 2000. Are these foolish shorts still holding on, waiting to be liquidated?
In terms of funding rates, BTC is trading at a long-term discount, while ETH's discount is narrowing, indicating that bearish sentiment is heavier for BTC than for ETH. Coinbase's premium has been negative for 2 consecutive days, and U.S. institutions are not buying in at all.
From a technical perspective, the sell point for BTC is 67129, and the buy point is 66080. It's currently stuck in a very awkward middle position. The sell point for ETH is 2010, and the buy point is 1994, with fierce competition between bulls and bears at the 2000 level.
Looking short-term bearish, if BTC breaks below 66080, it will directly look at 65500, and if ETH breaks below 1994, it will look at 1980. The medium-term outlook is not pessimistic, with liquidity still increasing by 10% year-on-year.
🔥 **Major Events** 1. **Iran's Revolutionary Guard launches drone attacks on Israeli targets** — Iran has launched drone attacks on Israel, leading to tightened passage rules in the Strait of Hormuz, increasing concerns about crude oil supply. 2. **U.S. crude oil breaks the $98 threshold** — WTI crude oil breaks $98, up 4.49%, as the market fears potential closures in the Strait of Hormuz, expanding the supply gap. 3. **Trump's "Weekend Action" shadow reemerges** — Analysts point out doubts about the credibility of Trump's statements, as he has a history of releasing major news on weekends, raising market tension. 4. **Israel's military actions escalate** — Israel intensifies its invasion of Lebanon, regional conflicts continue to escalate, and geopolitical risk premiums rise.
📊 **Market Data** 5. **U.S. stock crypto sector collectively declines** — Coinbase down 3.71%, MicroStrategy down 3.18%, Solana down 2.99%, Bitfarms down 2.49%, risk appetite decreases. 6. **Bitcoin spot ETF net outflow** — Bitcoin ETF net outflow of $171 million, Ethereum ETF net outflow of $92.54 million, institutional investors are seeking short-term hedges. 7. **Whale movements** — An ancient whale sold 500 BTC (about $33.28 million), accumulated in 2013 at a price of $332, with realized profits exceeding $360 million. 8. **Options expiration data** — 68,000 BTC options and 370,000 ETH options are about to expire, with a BTC options Put Call Ratio of 0.56 and a maximum pain point of $74,000. 9. **Volatility rises** — The BTC volatility index stands at 53.65, and the ETH volatility index at 74.81, indicating increased market uncertainty.
🏛️ **Regulatory Policies** 10. **European Central Bank questions the degree of decentralization in DeFi** — Major DeFi protocol governance is highly centralized, with the top 100 holders controlling over 80% of the supply. 11. **Binance Australia fined 10 million AUD** — Fined for violations in customer access processes, regulation continues to strengthen compliance requirements. 12. **Japan's Financial Services Agency warns KuCoin** — KuCoin is accused of providing unregistered financial instrument services to Japanese residents, facing regulatory pressure. 13. **Shanghai High Court issues virtual currency execution guidelines** — Clarifies practical issues in judicial disposal, providing guidance for judicial practice.
💡 **Project Updates** 14. **Pharos Network partners with Circle** — Deploys USDC and cross-chain transfer protocol CCTP to provide dollar settlement capabilities for the RealFi market. 15. **Aave Labs proposes 100% revenue contribution to DAO proposal** — All revenues from Aave branded products to be contributed 100% to the DAO treasury, further decentralizing governance. 16. **Tether introduces two major audit firms** — Selects KPMG to conduct a comprehensive audit of $185 billion USDT reserves, enhancing reserve transparency. 17. **Macron to attend Paris Blockchain Week** — Becomes the first French president to attend a blockchain event, showing the country's emphasis on Web3 technology. 18. **OKX contracts open stock trading in China** — Opens 27 stock assets and 7 commodity assets, expanding compliance business scope. 19. **Vietnamese police crack down on ONUS platform** — Detained multiple individuals, accused of misleading investors through false advertising and manipulating token prices for illegal profit. 20. **Aster launches modular derivatives infrastructure** — Introduces Aster Code, using a bottom-layer engine + open interface architecture to lower the development threshold for Perp DEX.
📈 **Market Sentiment: Cautiously Bearish** The current market faces multiple pressures: geopolitical tensions, tightening regulatory policies, ETF fund outflows, and whale profit-taking. BTC has fallen below $66,000, and ETH has fallen below $2,000, with funding rates indicating a bearish trend. Support levels are BTC 64,000, ETH 1,900; resistance levels are BTC 68,000, ETH 2,100. It is recommended to control positions and pay attention to geopolitical developments and ETF fund flows over the weekend.