Bitcoin is fluctuating around $94,000, with technical indicators showing short-term pullback risks. Ethereum is currently priced at $1,773, with a key support level at $1,760. Over 100,000 people have been liquidated in the past 24 hours, and the market is facing significant long leverage pressure, with some market makers lowering prices triggering a wave of liquidations.

After the U.S. stock market opened, the three major indices rose and then fell back. The U.S. dollar index DXY rose over 30 points in the short term, currently reported at 101.72.

Two Bitcoin reserve bills in Arizona have entered the final voting stage and may become the first state-level Bitcoin reserve bills.

The trading volume on the first day of the cryptocurrency payment pilot in Phuket surpassed $12 million, promoting the expansion of the decentralized trading ecosystem.

The XBIT platform achieves zero Gas fee transactions through ZK-Rollups technology, with an AI dynamic circuit breaker mechanism (automatically intercepting abnormal transactions when fluctuations exceed 15%) intercepting 52,000 times, and cross-chain processing volume exceeding 9 billion USD in a single week, with BTC/ETH slippage controlled below 0.15%.

Web3 exchanges introduce AI risk control systems, monitoring MEV attacks in real time, with an interception efficiency of 99.2%; the EU MiCA certification promotes 78% of platforms to pass on-chain audits.

Chainbase completed a $1.5 million financing round, led by XVC.

WLFI Lianchuang met with CZ in Abu Dhabi to discuss industry standards; SoftBank and Tether explore Bitcoin financial restructuring.

Vitalik stated that the goal is for non-ECDSA accounts (such as multi-signatures) to become mainstream.

The market capitalization of stablecoins has increased by 4.58 billion dollars in the past week, reaching a total market capitalization of 239 billion dollars, with USDT accounting for 61.82%.

The Web3 protocol Pocket Network announced on Twitter the launch of its Ethereum mainnet v1.2.0, which improves the token distribution system, introduces a zero-fee governance model, reduces node operating costs, and increases liquidity for token holders.

Summary: Bitcoin faces significant short-term correction pressure, but its differentiation from traditional assets shows enhanced independence; the risks of leveraged trading liquidation, security incidents related to smart contract vulnerabilities, and regulatory uncertainties remain major challenges.

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