According to Axel Adler Jr, an analyst at CryptoQuant, the adjusted price range model shows that Bitcoin needs to fall to the critical range of $59000 before it can start a medium - to long-term bottom, which is expected to take about 6 months to complete. He pointed out that the core of market stabilization lies in the return of long-term real demand, rather than emotional repair or partial rebound.

The popularity ranking shows that UB's popularity has increased by 560000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① UB （$0.1295，41.44%） ② LAB （$2.00，192.57%） ③ MEGA （$0.1485，-1.79%） ④ SKYAI （$0.3658，-4.29%） ⑤ DOGE （$0.1076，-0.37%） The buying power of UB's main funds is average, with a net inflow of $9.7319 million in 24 hours and a transaction volume of $1.699 billion in 24 hours, of which the net inflow of the main funds is $108900.

According to SolanaFloor's article on the X platform, a suspected MEV robot conducted a MEV style pool price manipulation attack on Meteora's ANB pool, converting $0.22 USDC to $696000 USDC in a single transaction. ANB token fell by 99%.

[Ethereum Monthly Transaction Volume Reaches 72.8 Million, Setting a New Record] According to growthepie, the Ethereum mainnet's monthly transaction volume has reached a historic high of 72.8 million transactions. Token transfers account for 62%, utility-related (including inscriptions) account for 13%, financial-related account for 8%, cross-chain-related account for 2%, and unmarked categories account for 15%.

Cathie Wood said that the market underestimated disruptive innovation, and the current valuation of Bitcoin was far lower than that of the Internet foam. She mentioned the rise of stablecoins and DeFi, as well as the trillion dollar opportunities brought by the integration of blockchain and AI.