BTC breaks through the $83500 mark

In the past 12 hours, BTC's main large orders have shown a significant willingness to go long, with a buying turnover of $141 million, far exceeding the selling turnover of $61.63 million, and a net inflow of up to $7.968 million. The maximum single purchase reached $25.62 million, further verifying the main fundraising action. At the same time, the 1-hour K-line pattern showed a red three soldier pattern, supported by the KDJ golden cross and RSI double bottom, providing technical support for an upward signal. Although the price is currently below the EMA24/52 moving average, the inflow of main funds may drive short-term breakthroughs. Open a membership, hit the main trend, and accurately grasp the turning point of the market! 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.

BlockBeats News: On April 6th, Mark Uyeda, Acting Chairman of the US SEC, issued a statement stating that, in accordance with Executive Order 14192 "Releasing Prosperity through Deregulation" and in conjunction with DOGE's recommendations, I have requested that the staff of the US Securities and Exchange Commission (SEC) immediately review the following employee statements. ·Analysis framework for "investment contracts" of digital assets· A sample letter from companies regarding the recent development of the cryptocurrency market· Employee statement regarding the "Digital Asset Custody and Qualified Custodian Status NAL" of the Wyoming Banking Department· Employee statement regarding the investment of funds registered under the Investment Company Law in the Bitcoin futures market. The purpose of this review is to identify employee statements that are consistent with current institutional priorities for modification or revocation.

On April 6th, according to Bitwise analyst Jeff Park, US President Trump's trade policies will trigger global macroeconomic turbulence and short-term financial crises, ultimately driving larger scale adoption of Bitcoin as a value storage asset. Park believes that the economic instability brought about by the trade war will prompt governments around the world to adopt inflationary fiscal and monetary policies, which will further devalue fiat currencies and lead to a global search for alternative value storage assets such as Bitcoin as safe haven behavior. Analysts have concluded that this increase in demand for Bitcoin will drive its price up significantly in the long term. In a tweet released on February 2nd, Park predicted the immediate impact of the trade war: "The cost of tariffs is likely to be shared by the United States and its trading partners through higher inflation, but the impact on foreign countries will be relatively heavier. These countries will then have to find ways to address their weak growth Despite the increasing demand for Bitcoin as a value storage asset against rapidly depreciating fiat currencies, which will drive up BTC prices in the long term, Park stated that global financial markets will feel the short-term pain and wealth destruction brought about by the trade war.

The proposal outlines a plan to enforce a network-wide migration of BTC from legacy wallets to ones secured by post-quantum cryptography.

The current total position of OKX BTC options contract is 26015.72 BTC, with a 7.72% increase over the past 24 hours, indicating an increase in activity in the options trading market. Data for reference only Interpretation: Option holding refers to the total number of unexercised option contracts in the market, which can reflect the current market's views and expectations on the future price trend of a certain underlying asset. Data for reference only