HYPE fluctuated, fell 4.28% in 24H

Odaily Planet Daily News: JPMorgan Chase (JPM) stated in a research report that despite the continuous upgrades of the Ethereum blockchain, its activity has not significantly increased. The bank pointed out that since the Dencun upgrade in March 2024, the average and total fees have decreased. The futures holdings indicate that institutions have played an important role in the recent rise of ETH. Data shows that the daily transaction volume of Ethereum has decreased by about 12%, and the daily active address count has decreased by about 20%. In addition, Ethereum has dropped to 17th place in the weekly revenue ranking of all blockchains and applications. （CoinDesk）

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

Odaily Planet Daily News: According to Lookonchain monitoring, 10 US Bitcoin ETFs had a net outflow of 1977 BTC today, including 1571 BTC from Fidelity, which currently holds 198291 BTC worth $20.95 billion; Nine Ethereum ETFs have a net inflow of 37685 ETH, with BlackRock receiving 19069 ETH. Currently, BlackRock holds 1389780 ETH worth $3.59 billion.

Bank of America analysts point out that compared to other countries and currencies, the negative impact of US tariffs on the US economy and the US dollar is more significant. The bank believes that tariffs may trigger retaliatory measures, and the scale of trade between the United States and the world exceeds that of other countries, making it more vulnerable to shocks. Data will determine the fate of the US dollar: if US economic indicators improve, investors may begin to ignore policy noise and support the US dollar; However, Bank of America expects data to be weak due to policy uncertainty that has led to stagnation in recruitment and investment plans, coupled with continued high tariffs. In addition, fiscal easing may push up borrowing costs.

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Good evening,everyone! I am your Da Bin teacher! The SEC's finance department has just released an article on whether PoS protocol staking constitutes securities issuance. In short, as long as you are participating in protocol staking activities on the PoS network, whether you are staking yourself, entrusting staking, or through third-party staking, it is not considered a securities act, does not require approval registration, and is not illegal. The SEC believes that protocol staking is a technical participation in online activities, essentially involving execution and manipulation, rather than handing over money and letting others help you make money. So you receive rewards not because you invest in others, but because you personally participate in the operation of the network, so it does not constitute securities investment behavior (which does not meet the Howey test). Pledge rewards are labor income. You maintain the operation of a PoS network through staking (such as ETH), and the rewards you earn are due to your contributions. Not relying on the efforts of others, but on the motivation obtained according to the rules of the internet. So this is not securities, it does not require SEC approval and registration, and it is not illegal. This news may lead to the faster passage of ETH's pledge bill, which is also good news for the long term! Recently, BTC has been showing continuous positive news, but its price has not risen. Not only has it not risen, but it has also fallen slightly. On the contrary, the trend of BTC in the US stock market is still good. In the three working days after this week's work, BTC has also fallen for three consecutive days, while the US stock market has risen for three days. We also discussed this issue yesterday. Bitcoin has already returned to pre tariff levels a long time ago, but the US stock market still has some room for improvement before the tariffs. However, I don't know whether today's MSTR has gone ahead: yesterday's good news is that 401K pension can enter the cryptocurrency market; today's good news is that Trump's tariff policy has been temporarily suspended. Except for some tariffs with China, as well as automobile and steel, the other 10% of basic tariffs and equivalent tariffs have entered the 14 day suspension period. Although the Trump government is also actively fighting a lawsuit and preparing to study new plans to re control tariffs, this lawsuit can at least let Trump know that even the president can't do what he wants, and the problems encountered by tariffs may be reduced. Secondly, Trump finally met with Powell publicly after taking office. Although there was no substantive discussion on monetary policy, and after the meeting, the White House announced that Trump believed that Powell's decision not to cut interest rates was wrong, but this meeting can also show Trump's urgency for economic and monetary policy. I hope it can bring some help. Looking back at the data of BTC, although the price has fallen, the turnover rate is also decreasing, which has not yet caused panic. Short term investors, especially short-term loss making investors, are still the main force of turnover, while earlier investors are still on the sidelines. The support is still between $93000 and $98000, with little fluctuation, after all, even if the price changes, the current support level is still Very stable, tomorrow will be the core PCE data. Although I don't think it will have a significant impact, if the data is better than expected, it will also boost market sentiment. However, if it's not good, it's estimated that the weekend will not be easy. Operation suggestion: BTC105500 long. First target: 107500. Second target: 109650 ETH 2580 long. First target is 2650. Second target is 2720 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself. Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance