What to know : Gold-backed tokens like Tether Gold (XAUT) have reached record highs, reflecting the surge in gold prices. Bitcoin rose to $89,800 as the dollar index dropped and technology stocks rose. Curve DAO rejected a proposal to allocate 17.45 million CRV tokens for development, citing concerns over transparency.

OKX-BTC/USDT is currently trading at $89996.40, with a 5-minute increase of 0.13%. Please be aware of market fluctuations.

[New Wallet Purchases 3.22 Million FARTCOIN, Total Value Approximately $1 Million] According to Onchain Lens monitoring, in the past 30 minutes, a newly created wallet purchased 3.22 million FARTCOIN at a unit price of $0.31, with a transaction amount of 7,886 SOL, approximately $1 million.

Binance Futures data shows that BTC prices have surpassed $87000, leading to mandatory short position liquidation. Analyst Amr Taha pointed out that forced liquidation usually forms a short-term resistance zone, while daily USDT transfer activity significantly decreases, indicating a weakening of liquidity momentum. （CryptoQuant）

Data from the past 12 hours shows that the main force has sold large orders with a cumulative transaction volume of $145 million, far exceeding the $89.98 million for buying large orders. The net outflow is as high as $54.74 million, with a buy to sell ratio of 1: 1.61, indicating a clear intention of the main force to short. Especially at the two time points of 16:16 and 14:18, the main force continuously smashed the market by over $22 million, directly suppressing the upward space of the price. At the same time, the current 1-hour cycle K-line has shown a flat top pattern, coupled with RSI entering the overbought area, and the pressure for correction has sharply increased. Although MACD shows upward momentum, the outflow of main funds may become a critical turning point. Proactively observe the main trend and accurately grasp the turning point of the market! Activate the real-time monitoring function for unlocking major orders as a member, helping you stay one step ahead! 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.