BTC falls below the $94000 mark

BlockBeats news, on May 21st, according to Alternative data, the cryptocurrency panic and greed index was 70 today (71 yesterday), and the market's "greed" sentiment cooled down. Note: The threshold for the panic index is 0-100, including indicators such as volatility (25%)+market trading volume (25%)+social media popularity (15%)+market research (15%)+Bitcoin's proportion in the entire market (10%)+Google keyword analysis (10%).

OKX-BTC/USDT is currently trading at $107478.40, with a 24-hour increase of 1.38%. Please be aware of market fluctuations.

The 4-hour cycle display shows that the exclusive chip distribution indicator for members indicates a strong resistance level at 2559.5. The current K-line has broken through this position with volume, forming a red three soldier pattern. Combined with the KDJ golden cross, it confirms the upward trend. The price remains above the double moving averages of EMA24 and EMA52, with a bullish trend and strong support. Combined with the MACD indicator, a golden cross appears above the zero axis, and at the same time, RSI breaks through the 50 median line upwards, indicating that the upward momentum is still continuing. Although the trading volume has shrunk, the willingness to buy has increased after breaking through key obstacles. Activate membership to master precise resistance levels and plan the best points in advance! The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.

According to the official account of Red Star News, Guo Congyuan, the high-profile Filipino Chinese "steel king" and the founding president of the Philippine Chinese Chamber of Commerce, was arrested in a luxury resort on Boracay Island in the Philippines. After confirmation, the two arrested suspects are Gong Wenli (alias "Kelly") and Wu Jiaping (alias "Wu Jiabing"). Among them, Gong Wenli was identified as one of the masterminds of this kidnapping case, mainly responsible for luring the victim to the place where he was kidnapped, managing a digital wallet storing a ransom of 200 million pesos, and money laundering operations. There is still one main suspect, Jonin Lin, on the run. Currently, only a portion of the ransom is stored in the tracked cryptocurrency wallets; Approximately $1.36 million in ransom has been withdrawn through an account in Cambodia, which has been flagged by US authorities as suspected of money laundering.

According to AiCoin monitoring, over the past 4 trading days, funds from the US spot BTC ETF have continued to flow in, reaching $1.372 billion. During this period, the largest inflow was IBIT, with a total of 1.133 billion US dollars; Next is FBTC, with an inflow of $156 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only