The reignition of the US Iran conflict has led to a decrease in transit volume through the Strait of Hormuz and an increase in transportation costs

According to VandaTrack data, retail investors have net bought $13 billion worth of US stocks in the past month, the lowest level since 2020. Since the beginning of 2026, retail investors' monthly net purchases have decreased by $18 billion, a decrease of 58%. The net purchase amount of individual stocks decreased by $8 billion, a decrease of 71%, to $3.2 billion, the lowest level since the first quarter of 2020. The total holdings of retail investors reached a record high of $500 billion, doubling from mid-2024. Retail investors sold stocks at a similar rate as they bought stocks, compressing their net buying volume. Retail trading in the market is cooling down.

Bitwise Chief Investment Officer Matt Hougan stated that US Treasury Secretary Bessent proposed in his speech that the US will establish the next generation of economic rules, and stated that digital assets, stablecoins, tokenization, and new payment systems will shape the future of currency, and the US should not be a bystander. Matt Hougan believes that this statement reflects that the cryptocurrency industry is being incorporated as an important component of the future financial system and economic competition landscape.

The Bitfinex Alpha report states that Strategy has recently conducted its first large-scale Bitcoin sale, but the market has shown resilience and there has been no significant selling pressure. Currently, approximately 10.83 million BTC are in an unrealized loss state, while approximately 9.22 million BTC remain profitable. The spot trading volume does not fully reflect the impact of large-scale capital outflows, and the market may be close to the bottom of the bear market formation stage. With changes in ETF asset allocation, positive fund flows, and the re accumulation of long-term holders and whales, Bitcoin is shifting from low belief holders to high belief investors, and the next 2 to 3 months will become an important window for confirming a temporary bottom.

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 $449 million, of which $241 million was bought and $208 million was sold, with a transaction difference of $32.12 million ETH: Accumulated transaction volume of 307 million US dollars, of which 165 million US dollars were bought and 141 million US dollars were sold, with a transaction difference of 24.29 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 1.716 billion US dollars; The net outstanding balance of ETH orders is 1.327 billion US dollars. 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.

According to data released by Binance, the total size of stablecoins on cryptocurrency exchanges has reached 93 billion US dollars, of which Binance holds 53 billion US dollars, accounting for 57% of the market share, which is 42 billion US dollars higher than the second ranked exchange. Since the beginning of 2025, the exchange's stablecoin reserves have grown by $35 billion, and Binance's market share has increased from 54% to 57%.