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ChainCatcher news, according to Coinglass data, if BTC falls below $68,903, the cumulative long liquidation intensity on major CEXs will reach $1.839 billions. Conversely, if BTC breaks above $76,001, the cumulative short liquidation intensity on major CEXs will reach $1.716 billions.

CoinShares stated that professional investors slightly reduced their exposure during the recent bitcoin decline, but overall holdings remained stable, while long-term allocators quietly increased their positions. The report pointed out that advisors and hedge funds moderately reduced their bitcoin holdings, but institutional overall holdings increased, with endowments, pension funds, and sovereign wealth funds continuing to increase their bitcoin exposure during the downturn. The report also mentioned that it remains unknown whether investors in the ETF era will behave like early long-term holders.

⑴ The U.S. Challenger job cuts data was 48,300, better than the expected 108,400. This week's initial jobless claims were 213,000, better than the expected 215,000, and up just 0.1 compared to the previous value of 212,000. ⑵ Russian presidential press secretary Peskov stated that Russia remains open to negotiations on the Ukraine issue and looks forward to the next round of talks. He pointed out that the current pause in the negotiation process is due to objective reasons, which has eased risk aversion sentiment. ⑶ U.S. crude oil remains volatile at high levels, currently up 2.96%. Compared to the data, the market's core focus is still on geopolitical conflicts. Russia's softening stance has led to a decrease in risk aversion demand, combined with high oil prices pushing global inflation higher. U.S. Treasury yields continue to rise, with the 10-year Treasury yield climbing to 4.135, up 0.88% intraday. Coupled with favorable data, the U.S. dollar index has risen in the short term, currently up 0.3%.