AIBox Platform's Token KUN Sees Short-Term Price Surge of Up to 60%

March 29: ZhuSu, the founder of Three Arrows Capital, shared his insights on social media in Hong Kong: · At the Basel Art Exhibition, not a single mention was made of NFTs, and meme coins were also not brought up. · Investment banks are currently actively promoting the narrative of China's tech recovery, including topics such as DeepSeek, valuation gaps, and the innovation wave. The scale of southbound capital flow is significant, and the price of mainboard shell companies has increased to around 200 million Hong Kong dollars. · Family offices are closely observing Saylor and considering whether there is a need to convert their companies. · The market has a very strong belief that BTC is digital gold, but there is generally a high degree of skepticism towards the crypto tech narrative and crypto venture capital. Some are also interested in regulated custody and trading platform models.

On March 29th, based on Coinglass data, within the past 4 hours, a total of $64.46 million was liquidated across the entire network. Specifically, there were $59.95 million in long liquidations and $4.73 million in short liquidations.

On March 29th, the BTC price continued to fall. It witnessed a 0.61% intraday decline and was trading at $83,864.9. The latest U.S. economic data indicates that core PCE inflation rose by 0.4% on a monthly basis, marking the largest increase in a year, with a year-on-year rate of 2.8%, exceeding market expectations. Meanwhile, the University of Michigan's long-term inflation expectations have reached a 32-year high, suggesting that market concerns about inflation rebounding have intensified. Bitunix Analyst's View: The market is currently still in a macro risk stage. It is necessary to wait for market sentiment to stabilize. If Bitcoin can stabilize above $82,000 and show signs of capital inflows, then consider gradually increasing positions, with a target price above $90,000.

On March 29th, according to HTX market data, Bitcoin fell below $83,000, with a 24-hour decline of 2.4%.

On March 29th, based on CME's "FedWatch" data, the likelihood of the Fed implementing a 25-basis-point interest rate cut in May is 18.5%, while the probability of no change is 81.5%.

On March 29th, based on the data from Farside Investors, this week the US Ethereum spot ETF witnessed a total net outflow of $8.7 million.