OKX ETH funding rate reaches 0.06%, market sentiment is high

[David Chew: European Stock Market Risk Appetite Rebounds, Contrasting with U.S. and Asian Markets] According to Jintou News, Citigroup strategist David Chew stated that European stock markets have seen an improvement in risk appetite, supported by capital inflows and corporate earnings performance, in contrast to the U.S. and Asian markets affected by AI-related concerns. Last week, sentiment around investment positioning in major European stock indices improved, while investor confidence in the U.S. market weakened. In Asia, concerns over AI led to divergent positioning, with South Korea's benchmark stock index entering an extremely bearish zone. The Euro Stoxx 50 Index maintained stable positioning, as the European market benefited from the European Central Bank's decision to keep interest rates unchanged and corporate earnings exceeding expectations.

According to the Economic Times of India, the Central Direct Taxation Commission of India has revised the global tax reporting framework, expanding the scope of application of the Foreign Account Tax Compliance Act and the Common Reporting Standards to specific cryptocurrency assets, central bank digital currencies, and digital currency products, and tightening due diligence investigation requirements for financial institutions. The updated compliance framework provides reporting account identification, tax residency verification, and financial information declaration guidelines for banks, mutual funds, insurance companies, custodians, and other investment entities. Financial institutions are required to conduct enhanced due diligence on high-value accounts with balances exceeding $1 million.

According to official data from Binance, the turnover of Binance TradFi perpetual contracts exceeded $5.8 billion last weekend, with crude oil and natural gas transactions exceeding $1.5 billion and the top five popular storage contracts exceeding $2.3 billion.

The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.

CryptoQuant analyst Axel Adler Jr. stated that the UTXO Stress Score for Bitcoin has rebounded to 71.5, indicating that the market is in a high-pressure zone. A year ago, when the price of Bitcoin was $114000, the indicator was around 41; In the past year, this indicator has been under high or extreme pressure for nearly two-thirds of the time, reaching 100 during the market crash in November 2025. At present, the weekly momentum is+3, and the pressure begins to increase moderately after a month of relief. The index has fluctuated between 65-76 over the past month, with no rapid deterioration or substantial recovery observed during this period.