BNB breaks through the $600 mark

Click on the link to enter the live stream: https://meeting.tencent.com/p/4763358206 (Note: Tencent Meeting APP needs to be downloaded) Good evening, I am Jiuye. My strategy has been going smoothly lately. On Tuesday evening, I gave a hole near 94500 for Bitcoin and set a target of 92888. After accurately hitting the target, I formed a second low rebound! After the physical breakthrough of 95400, the bulls continued to the current high of 97440, and the hour level parallel upward channel opened. The general direction continued to rise after the break and retracement to support 95180! The upper head opening pressure is around 109000. From the perspective of Bitcoin technology, the maximum space above the head, shoulders, bottom, and rising waves is 109800! There is still 12000 points away from the current high point. After breaking through the second high point of the large-scale downward channel, the pressure becomes supportive. The current support is around 95100, and the hourly parallel upward channel trend supports around 93400! Disconnected space to see 2000-3000 point retracement! Continue to be bullish later! From the perspective of Ethereum technology, the upward trend pressure has risen to around 1960, while the downward trend supports around 1750 on the lower track and around 1690 on the lower track Bitcoin operation strategy: waiting for notification from the live broadcast room Ethereum operation strategy: waiting for notification from the live broadcast room Official QQ fan group: 1015904463 Tencent Meeting Number: 476 335 8206 Weibo: Xi Jiuye fights against the Heavenly Way Assistant WeChat Circle Account: BTC6688 TG official group: https://t.me/TianYuanTYX TG Official Channel: https://t.me/TianYuanXJY Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

According to official announcements, in order to prevent market risks, OKX plans to adjust the settlement frequency of fund fees for MOVEUSDT perpetual contracts on May 3, 2025. Before the adjustment, the settlement frequency of fund fees was every 8 hours, and after the adjustment, the settlement frequency of fund fees was every 4 hours.

On May 2nd, according to Spot on Chain monitoring, Curve founder Michael Egorov sold 343452 CRVs (approximately $224000) since April 8th, bringing the total sales to 3.433 million CRVs (approximately $1.85 million) since March 24th, with an average selling price of $0.539.

Odaily Planet Daily reported that the US GDP contracted for the first time in three years, while the core PCE inflation rate remained unchanged, dropping from 3.0% year-on-year to 2.6%, easing inflation concerns. BRN analyst Valentin Fournier stated that inflation is approaching the Federal Reserve's 2% target, and market expectations for interest rate cuts are increasing, which may benefit alternative assets such as Bitcoin rather than the stock market. Bitcoin has risen over 13% since Liberation Day, reaching $97000, with a net inflow of $442 million into spot ETFs on May 1st. Douro Labs CEO Mike Cahill said that if the employment data weakens on May 2nd, Bitcoin prices may rise again due to expectations of interest rate cuts. （The Block）

The UK financial regulatory agency plans to prohibit retail investors from borrowing money to invest in cryptocurrencies such as Bitcoin, as it attempts to bring the rapidly growing digital asset market under regulatory scrutiny for the first time. The restrictions on cryptocurrency purchase loans are part of a series of comprehensive rules released by the UK Financial Conduct Authority on Friday, just a few days after the government proposed legislative plans for the digital asset market.