ETH falls below the $2550 mark

According to the official announcement, Binance has announced that users can now set limit buy orders in the "Buy Cryptocurrency" service. Users can access this feature when using their credit or debit card to purchase cryptocurrency in local currency through the 'Buy Cryptocurrency' function. This new feature has been launched on both the Binance website and Binance Pro application. By setting a limit buy order, users can set the maximum price they are willing to pay for a specific cryptocurrency asset, and the order will only be executed within the price parameter range set by the user.

Member indicators show that the current price is testing the strong support level of 108886, with a chip concentration of 4.3% in the region, and fierce competition between long and short positions. Combined with the K-line pattern, the latest 1-hour cycle has seen a bullish engulfment, coupled with KDJ entering the oversold zone, indicating a high probability of short-term rebound. However, the EMA24/52 moving average is still in a bearish position, and trading volume has shrunk by 37% in the past 10 cycles, indicating limited upward mobility. If the price falls below 108886, it may further explore the support of 108287. Open a membership now and get real-time chip distribution and accurate buying and selling point tips! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

According to AiCoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to $385 million. Among them, IBIT was the largest inflow, with a daily net inflow of $409 million; Next is BTC, with a total of 36 million US dollars. 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

Odaily Planet Daily News: Trader Eugene wrote in an article that the past two months have been "one of the most difficult trading stages" he and many top traders have experienced. The macro fundamentals are bearish, coupled with severe market volatility, resulting in most traders being cut out or choosing to wait and see during the upward trend. The main risk factors he mentioned include: 1: The issue of trade tariffs continues to suppress global growth, and Trump's policy direction is still unclear; 2: The yield of 10-year US treasury bond bonds remains high, which is not conducive to the performance of risk assets; 3: The recent rise of Bitcoin may be due to non natural buying by traditional financial retail investors, coupled with an increase in imitators, or implying the risk of strategy failure. Eugene admitted that he failed to turn bullish in a timely manner after BTC broke through $90000, reflecting his defensive trading mentality over the past year and his efforts to adjust. He believes that most native cryptocurrency traders in the current market still lean towards short-term strategies, and this defensive mode may soon be surpassed by those who are willing to take risks. He stated that the key still lies in whether BTC can truly break through its previous highs or whether it will constitute the 'biggest bull market trap in history'.

Odaily Planet Daily News: According to @ EmberCN monitoring, James Wynn currently holds a 40 fold leveraged long position of approximately 4792 BTC, with a total value of $520 million, an opening price of $109782, and a liquidation price of $107419. The address currently only has a floating profit of about 3 million US dollars, while five days ago its floating profit reached 87 million US dollars, which means that it has withdrawn about 84 million US dollars in profits in the short term due to frequent position increases and stop loss operations, approaching the principal risk zone.