ETH falls below the $3900 mark

Click on the link to enter the meeting: https://meeting.tencent.com/p/7277739262 Hello everyone, I am Teacher Feifei. Looking back at the biggest market crash in history in the past few days, the market crash last Friday, and a series of reasons such as Trump's tariff threat. This has led to a daily clearing volume of over $19 billion in the cryptocurrency market, setting a record for the largest in history and far surpassing historical events such as the FTX crash. Bitcoin fell from a historical high of $126000 to around $101482, while Ethereum fell from a historical high of $4958 to around $3355. The market was able to recover only after Sunday's technical correction and Trump's easing of tariffs. After experiencing such significant volatility, many investors are actively taking action in the options market, preparing for further declines in Bitcoin and Ethereum by buying put options. This indicates that market sentiment has temporarily stabilized, but concerns about downside risks still exist. During the overall market volatility, funds show signs of flowing towards high-risk sectors. Gamefi and DaFi sectors have recently experienced significant gains of over 5%. This contrasts with the weak trend of mainstream currencies, reflecting that some funds may turn to altcoins for gaming. Overall, the market has entered a period of recovery after experiencing extreme volatility. Although it provides a short-term upward opportunity for the oversold rebound, the resistance above is strong and market sentiment has not fully recovered. It is expected that the short-term volatility pattern will continue. From a macro environmental perspective, the US government is still in a state of shutdown, which may affect the release of important economic data and bring additional macro uncertainty to the market. So in the process of making orders, everyone must pay too much attention to political content and market capital flow issues. While technical references are useful, they have little effect on news and capital inflows. The study of EMA indicators is being taught in detail in the live broadcast room. Tencent Meeting Live: 727-773-9262 QQ group number: 936313157 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

[U.S. Crypto Legislation Discussions Stalled, Industry Strongly Opposes] Discussions on the Responsible Financial Innovation Act (RFIA) by the U.S. Senate Banking Committee have stalled due to a counterproposal submitted by Democrats. The proposal imposes strict restrictions on decentralized finance (DeFi) protocols, sparking strong opposition from the blockchain industry. The CEO of the Blockchain Association warned that this move would hinder the development of decentralized applications, while the legal officer of investment fund Variant criticized the proposal as unconstitutional. Currently, Democrats and Republicans are blaming each other over amendments to the bill, and negotiations have been suspended.

[LTP Receives Principle Approval from Dubai Virtual Assets Regulatory Authority] Global institutional-grade broker LTP announced that its Dubai subsidiary, Liquidity Fintech FZE, has received principle approval (IPA) as a Virtual Asset Service Provider from the Dubai Virtual Assets Regulatory Authority (VARA). This move will support LTP in expanding its regulated business in the UAE and enable the subsidiary to provide virtual asset brokerage services to qualified and institutional investors in the Middle East.

[BlackRock CEO: Asset Tokenization Process Still in Early Stages] BlackRock CEO Larry Fink stated that the process of asset tokenization is still in its early stages. He believes that digitizing and tokenizing assets through blockchain technology will bring greater efficiency and transparency to financial markets. This trend could have a profound impact on the traditional financial system, but it will still take time to refine the relevant technologies and regulatory frameworks.

OKX-BTC/USDT is currently trading at $109924.90, with a 5-minute decline of 0.41%. Please be aware of the market fluctuations.