ACT Spot Trading on CEX Records Net Outflow of Over $18 Million in the Last 24 Hours

On April 3rd, according to Coinglass data, if Bitcoin drops below $80,000, the cumulative long liquidation intensity of mainstream CEX will reach 196 million. On the other hand, if Bitcoin exceeds $84,000, the cumulative short liquidation intensity of mainstream CEX will reach 332 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will undergo a more intense reaction due to a liquidity avalanche when it reaches that level.

On April 3rd, based on HTX market data, Bitcoin dropped below $82,000 and is currently trading at $81,905, with a 24-hour decline of 3.19%.

On April 3rd, the White House Press Secretary Levitt said that Trump is concentrating on reducing costs while raising tariffs.

On April 3rd, Morgan Stanley indicated that currently, it is anticipated that the Federal Reserve will not reduce interest rates in 2025. Previously, it was expected that rates would be cut by 25 basis points in June. (Forexify)

Update, April 3rd: U.S. Commerce Secretary Raimondo said, "I don't believe (tariffs) will obtain any exemptions, and the retaliation of other countries against Trump's tariffs will not be of any avail." (FX168)

On April 3rd, the initial jobless claims in the United States during the week ending March 29 were 219,000, which was slightly lower than the anticipated 225,000. (FX678)