The cryptocurrency market shows signs of a volatile recovery, with overall sentiment shifting from greed to caution. The fear and greed index has dropped to 65 points, indicating that investors need to be wary of correction risks 📉. Solana (SOL) has strongly broken through 150 USDT, with a 24-hour increase of 1.47%, reflecting an increase in blockchain ecosystem activity, attracting institutional funds 📈. However, in the past 24 hours, the entire network experienced a liquidation of $184 million, with short positions liquidated at $96.6286 million slightly exceeding long positions at $87.3677 million, highlighting increased market volatility, and traders should enhance risk management 💥. Institutional dynamics are active, with the tokenized real estate platform Alt DRX completing a $2.7 million Series A financing, led by Brand Capital, indicating the expansion potential of digital asset applications 🤝. On the exchange side, LAYER, KAITO, and STPT lead in trading volume rankings on Upbit, while Bithumb is about to launch the PARTI and EPT Korean won trading pairs, which may stimulate liquidity in the Asian market 📊. Galaxy Digital has partnered with Zodia Custody to expand staking services in Europe, strengthening institutional-level infrastructure 🌍. Mining company Core Scientific's net profit in the first quarter reached $580.7 million, showing a recovery in mining profitability 💰. Macroeconomic factors cannot be ignored, as the US and UK are about to reach a trade agreement, which may indirectly boost global cryptocurrency demand 🌐. Binance will perform maintenance on the Tron Network tomorrow at 15:00, expected to last for 1 hour, and investors should be aware of the risk of trading interruptions ⚙️. Overall, the market is in a stage of coexistence of recovery and uncertainty, and it is recommended that holders pay attention to diversified allocations to guard against potential Rug Pull incidents like the OX.FUN issuance controversy, in order to capture long-term opportunities 💼. Stay rational, the cryptocurrency world never stops 🚀.
