Today's market highlights to watch
Macroeconomic news stirs short-term market: The trends of BTC, ETH, crude oil, and safe-haven assets are largely driven by geopolitical news.
Trump's warning to Iran directly changed the market.
Tensions in the Middle East, with U.S. aircraft carrier deployments and an explosion in Tehran, are likely to cause significant market fluctuations this week.
Trump's phone ignites Meme: The Trump Organization launched the $499 golden flagship phone T1, which runs on the Android 15 system, and it promotes itself as 'Made in America'.
Various parody images in the Meme circle are flooding social media, but the authenticity of the supply chain has been questioned, with Purism pointing out issues in its local production claims.
The cause of the flash crash of #ZKJ has been identified: Polyhedra revealed the investigation results of the ZKJ plummeting 85%, which was due to multiple addresses withdrawing liquidity first, then selling off in bulk, compounded by Wintermute dumping 3.39 million tokens to centralized exchanges (CEX), triggering a $94 million liquidation of leveraged positions.
Whales leverage bets on BTC rebound: A major player used 20x leverage to build a long position at $106,014, and the current position size has reached $420 million.
He is betting on breaking the resistance level of $108,181, relying on the support level of $104,000 - $105,000.
Spark Protocol drives DeFi with Binance: Spark Protocol, a lending protocol under MakerDAO, has connected to Binance's liquidity pool, allowing users to directly access Maker's funds, boosting the demand for DeFi lending.
