Chip distribution: BTC runs in the middle of the chip area, temporarily located in the strong area above POC

According to on chain analyst @ alicharts, Whale Address has accumulated over 140000 ETH worth approximately $322 million in the past 96 hours.

According to CCTV News, on May 3rd local time, the chairman of the Iranian Parliament's Civil Affairs Committee stated that the parliament plans to require all traffic passing through the Strait of Hormuz to obtain permission from Iran, prohibit the passage of Israeli goods, and require hostile countries at war with Iran to compensate for losses before passing.

Chip distribution data shows that in the past six months, 50% of BTC's traded chips have been concentrated in the range of $64599.72- $78998.88, with the most concentrated price (POC) at $66999.58. The current BTC price is running in the middle of this range and above the POC price, which means that the POC price has shifted from the cost line to the psychological support line. As long as the price does not fall below POC, the short-term bullish pattern will be maintained. If the volume falls below POC, the bullish advantage will be invalidated. PRO "Chip Distribution" supports switching to more cycles to view the evolution trend of POC, helping to determine whether the support is firm. The data is for reference only.

According to Bloomberg, Peter Thiel's fourth growth investment fund, Founders Fund Growth IV, has raised $6 billion, setting a new record for the fund's size. Among them, $4.5 billion comes from limited partners, including sovereign wealth funds; $1.5 billion is contributed by senior management and employees of Founders Fund, including Peter Thiel himself.

[Cerebras Systems Plans IPO to Raise $4 Billion] According to Bloomberg, insiders revealed that Cerebras Systems is seeking to raise $4 billion through an initial public offering (IPO), targeting a valuation of approximately $40 billion. Investment banks underwriting the deal have received over $10 billion in potential subscription interest. Cerebras may launch its IPO roadshow as early as Monday, though listing details are still subject to adjustment. Cerebras declined to comment on the matter.