4/4 Daily Report

1. BTC is close to dropping below 81,000, but still remains strong; the decline of the tech stocks of the seven sisters in the U.S. market far exceeds that of BTC, we can only say to wait for value discovery;

2. ETH's indecision has made shorting ETH the 'right move' for everyone, but it is increasingly showing potential for a significant drop;

3. SOL is about to drop below 110, last year's gains have basically been wasted; indeed, when everyone starts to fomo in, it is the highest point;

The SEC has confirmed receipt of Fidelity's application documents for a Solana spot ETF;

4. Illinois will withdraw the lawsuit against Coinbase related to staking;

5. berachain USDC supply plummeted by 450 million within a week; the decline in stablecoin incentives may be the main reason;

And the price of BERA has dropped from 8.9 to around 6;

6. Republic fully acquires INX, advancing the integration of regulated blockchain investments;

Didn’t expect to still hear about Republic in 2025;

7. WisdomTree expands tokenized fund platform to Arbitrum, Avalanche, Base, and Optimism;

8. Coinbase International will launch NIL, VINE, GUN, and EDGE perpetual contracts;

Although there isn't much trading volume, at least it pulled up a bit;

9. babylonlabs_io will airdrop 600 million BABY Tokens during the token generation event;

Currently, the pre-market valuation is only 500M, far below the previous estimate of 6B;

10. Kyrgyzstan's National Investment Agency signs a memorandum of understanding with Zhao Changpeng;

11. New York court prohibits Genius Group from fundraising to buy Bitcoin; the company has reduced its holdings by 10 BTC;

12. Short-term interest rate futures pricing shows the Federal Reserve will cut rates four times this year;

Morgan Stanley: currently expects the Federal Reserve will not cut interest rates in 2025;

If there really is a rate cut, it would be a very suitable time to enter the market; if not, it would truly be a dark moment, waiting for tonight's non-farm payroll;

13. Bitwise launches three options income ETFs;

14. Whether the bear market is really a bear market is unknown, but there are indeed many rumors; if eating melons could make one rich, I should be wealthy by now;

15. Preserve principal, wait for opportunities to buy quality assets;