Bitcoin fluctuates around $94,000, with technical indicators showing short-term correction risks. Ethereum is currently priced at $1,773, with key support at $1,760. Over 100,000 people have liquidated positions in the last 24 hours, and the pressure from leveraged long positions is significant, with some market makers lowering prices to trigger a wave of liquidations.

After the US stock market opened, the three major indices rose and fell, and the US dollar index DXY briefly rose over 30 points, 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.

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

The XBIT platform achieves zero gas fee trading with ZK-Rollups technology, and the AI dynamic circuit breaker mechanism (which automatically intercepts abnormal trades with fluctuations over 15%) intercepted 52,000 times, with cross-chain processing volume exceeding $9 billion in one week, and BTC/ETH slippage controlled below 0.15%.

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

Chainbase completes $1.5 million financing, led by XVC.

WLFI co-founders met with CZ in Abu Dhabi to discuss industry standards; SoftBank and Tether explore Bitcoin financial reconstruction.

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

The market value of stablecoins has increased by $4.58 billion in nearly a week, reaching a total market value of $239 billion, 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 divergence from traditional assets shows enhanced independence; the risks of leveraged trading liquidations, security incidents related to smart contract vulnerabilities, and regulatory uncertainties remain significant challenges.

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