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The committee believes that caution should be maintained, and that outlook assessments should be continuously updated as data changes. There remains a high level of concern regarding the uncertainty of the outlook, regardless of its direction.
The approval of the Solana ETF is not an end point, but the starting gun for a new era.
In Brief Berachain network halted to protect user assets after a Balancer V2 breach. Developers launched a hard fork to recover funds and eliminate vulnerabilities. BERA and BAL coins saw decrease in value post-security incident.
Institutional demand for Bitcoin has fallen below the rate of new coin mining for the first time in seven months, suggesting that major buyers may be pulling back.
- 12:31Data: In the past 30 days, the main capital inflows have been to a certain exchange and leading CEXs such as Bitget.ChainCatcher news, according to DeFiLlama data, in the past 30 days, the top 2 trading platforms by net capital inflow are: a certain exchange ($6.747 billions) and Bitget ($1.729 billions). Risk Warning
- 12:31Analysis: Bitcoin’s next key support level is $99,000ChainCatcher news, glassnode has published a market opinion stating that bitcoin has fallen below the 85% cost basis level (around $109,000), and is currently hovering near $103,500. The next key level is the 75% cost basis (around $99,000), which has historically provided support multiple times in this area.
- 12:28DeFiance Capital founder: The current market situation is similar to the end of 2018, survival is the keyJinse Finance reported that DeFiance Capital founder @Arthur_0x tweeted that he entered the cryptocurrency space in 2017, and the current situation is comparable to the end of 2018 to 2019, which was the most challenging market environment faced by cryptocurrency market participants. Now, survival is the top priority.