UXLINK launches AI growth agent, achieving significant breakthrough in social growth layer

HTX-BTC perpetual contract is now reported at $88972.9. According to market contract position analysis, the main force lacks confidence in the future market, and the price may fall. Please hold positions reasonably and control risks

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

Odaily Planet Daily News: QCP Capital stated on its official channel that global risk aversion has led to a decline in stock markets, gold, and Bitcoin prices, and rumors of stagflation on Wall Street are intensifying. Although it is still too early to confirm the trajectory of stagflation, the market's response to recent developments indicates that market anxiety is intensifying. The long positions in the US dollar have begun to reverse, and the recent collapse has forced traders to reduce their exposure. BTC continues to align with the downward trend of risk assets, and the outflow of ETF funds confirms a lack of confidence. In a volatile market, as traders compete to reduce their exposure, cryptocurrency remains the first asset to be liquidated, and caution is advised as the market remains fragile. In addition, personal consumption expenditure on Friday (expected to be 2.5% year-on-year) remained higher than the Federal Reserve's target of 2%. Unless there are clearer signs that inflation is moving towards 2%, the Federal Reserve may maintain the current level of interest rates. The market currently expects two interest rate cuts in 2025, with the first one in June or July. In the coming weeks, consumer and retail confidence surveys will be crucial. These indicators often outperform actual economic data and may provide early warning signals of stagflation.

Odaily Planet Daily News: Ki Young Ju, co-founder and CEO of CryptoQuant, revealed in an article on X platform that Coinbase Whale is driving the price trend of Bitcoin, with the dominant spot trading volume increasing by 30% in 7 days, and the Bitcoin Coinbase premium showing negative values.

Ethereum’s recent price volatility has sparked increased downside hedging, amid concerns about leveraged long positions facing potential liquidations.Market participants are closely watching the $2,000 level, which could trigger a chain reaction of forced exits or a sharp reversal if buying interest returns.