ECB Managing Director Nagel says inflation remains too high

According to the PRO main order list, the total transaction data of BTC and ETH main players in the past 24 hours is as follows: BTC: Accumulated transaction volume of 1.221 billion US dollars, including buying transaction volume of 748 million US dollars, selling transaction volume of 472 million US dollars, and transaction difference of 276 million US dollars ETH: Accumulated transactions of 627 million US dollars, including buying transactions of 364 million US dollars and selling transactions of 263 million US dollars, with a transaction difference of 100 million US dollars The latest data shows that the main players still have a layout in key price points: the net pending difference of BTC is 2.377 billion US dollars; The net hanging order difference for ETH is $1.316 billion. The main pending orders may withdraw or close at any time, and non PRO versions of the K-line cannot see its changes in real time. The PRO 'Main Large Order Tracking' indicator monitors every large pending order in real-time, helping you determine if this' wall 'is still there. Note: If the difference between pending orders is positive, it indicates that the main force is placing more limit orders than sell orders on the currency, and there are active takeover orders below the current price; If it is negative, the opposite is true, as there is a reserve of selling pressure above. The data is for reference only and does not constitute any investment advice.

US officials have begun reviewing the USMCA signed by US President Trump during his first term, which supports $2 trillion in annual trade between the three countries and includes provisions for renewal negotiations starting this year. If not reauthorized, the agreement will expire in 2036.

According to two senior Iranian sources, Iran is seeking international recognition for its control over the Strait of Hormuz and its right to charge fees to ships entering and leaving the Gulf. According to the interim agreement reached with the United States this month, Iran has agreed to allow ships to pass through the strait for free within 60 days, but Iran believes that the wording of the agreement allows it to continue controlling the passage and navigation routes of ships. Sources say Iran is determined to ensure long-term formal recognition of control after the temporary agreement expires, and Iranian negotiators will not shift to other controversial issues in peace talks with Washington until a consensus is reached.

The indicators show a divergence between the warming of the futures market and the weak demand in the spot market, with leveraged trading volume increasing, but the trend in spot demand has not been confirmed. （CryptoQuant）

UBS pointed out that the first interest rate meeting of Federal Reserve Chairman Kevin Walsh after taking office released hawkish signals, but the market's bets on a rate hike within the year were overwhelmingly aggressive. UBS expects the Federal Reserve to maintain the federal funds rate at 3.50% -3.75% for the remainder of this year and recommends investors increase their allocation of short and medium term high-quality bonds to lock in yields.