#苹果放宽加密规则 family, there is new development in the cryptocurrency market today! Bitcoin has been fluctuating around $96,000 in the past couple of days, and although it briefly approached $97,000, it seems that the upward momentum is somewhat lacking. However, on-chain data shows that Bitcoin's funding rate has turned negative, and the futures open interest is also increasing, which could be a sign of improving market sentiment. Ethereum has been relatively stable, with prices fluctuating around $1,850, and recently a large amount of Ethereum has flowed out of exchanges, suggesting that long-term holders might be quietly accumulating.
On the regulatory front, the U.S. House Republicans plan to release a draft digital asset bill before May 6, which is a significant event that could impact the market, so everyone should keep an eye on the subsequent developments. Over in the UK, they are also busy, recently seeking public opinions to further regulate cryptocurrency lending and staking activities, which could make future investments safer, but the methods may also become more restricted.
Lastly, a reminder that although the market seems to be warming up a bit, the amount of liquidated contracts has still reached $132 million, and the long-short competition remains intense. Everyone should manage risk well when investing and avoid blindly chasing highs! (Source: Bai Xiao Bai, Little Wild Boar from Langlang Mountain)