Market trend:

1. ETH/BTC exchange rate rose, the market rose generally, new coins $USUAL and $PENGU performed well, $ARC and Fartcoin became the focus of the market

2. Chip stocks supported the US stock market to rise during the session, the Nasdaq closed up 1%, and Nvidia rose 3.7%; the US dollar index rebounded and hovered at a two-year high

3. In the BTC/USDT liquidation map, based on the current 94771USDT, if it falls by 1,000 points to around 93771, the cumulative long order liquidation amount will exceed US$510 million. If it rises by 1,000 points to around 95771, the cumulative short order liquidation amount will exceed US$178 million. The long-side liquidation amount far exceeds the short-side. It is recommended to reasonably control the leverage ratio to avoid triggering large-scale liquidations in market changes.