If Bitcoin breaks through $86,000, the mainstream CEX aggregate short liquidation intensity will reach 9.12 billion

May 24 — Per HTX market data, Bitcoin is trading at $76,961.30 as of press time, with a 24-hour gain of 2.98%. Ethereum is priced at $2,121.29, reflecting a 4.55% increase over the past 24 hours. Funding rates across leading centralized (CEX) and decentralized exchanges (DEX) currently show Bitcoin’s rate structure as neutral to slightly bullish. Ethereum’s funding rate has been warming up overall, with most platforms reaching or approaching the 0.01% benchmark. ETH is close to forming an effective long signal, with bullish sentiment more positive than that of BTC. BlockBeats Note: Funding rates are mechanisms crypto exchanges implement to maintain alignment between perpetual contract prices and the underlying asset prices. They represent a funding exchange between long and short traders—exchanges do not charge this fee themselves. The rate adjusts the costs or profits for traders holding contracts, ensuring contract prices stay closely linked to the underlying asset’s value.

May 24: Per LookOnChain monitoring, a newly created wallet withdrew 63,780 HYPE (≈$4.06 million) from Bybit.

May 24: CryptoQuant analyst Axel Adler Jr. highlighted that Bitcoin has recently lost its structural bullish momentum, with the current market shifting toward a "risk-off" stage. He pointed out that BTC’s structural bullish momentum typically fades when the macro environment deteriorates rapidly—a major warning sign. Until the "Impulse" indicator climbs back above the zero line, all current BTC rebounds remain unconfirmed. Right now, macro factors are dominating the market: the U.S. Dollar Index (DXY), 10-year Treasury yields, and the VIX volatility index are leading the charge. Adler noted that when the macro environment enters this "dominant mode," even relatively strong on-chain data can underperform temporarily. Additionally, data from the U.S. spot Bitcoin ETF dashboard shows 30-day fund flow momentum for these ETFs is at $362.8 million, a massive drop from the $13.21 billion peak set back in December 2024. Traders should keep a close watch on the Coinbase Premium Index—it’s sti

May 24 update: Per HTX market data, Bitcoin has surged past the $77,000 mark, notching a 24-hour price gain of 3.13%.

May 24 — El Salvador added 8 Bitcoins over the past week, pushing its total holdings to 7,661.37 BTC, with a combined value of over $588 million, per data from its Ministry of Finance.

May 24 — The artificial intelligence venture capital market in China has experienced a notable upswing recently, according to a report from CCTV Finance. This month alone, domestic large-scale AI models including Dark Side of the Moon and Step Sky secured more than 30 billion yuan in funding. Embodied intelligence has also become a key focus for investors, with firms like Wevity Dynamics and Lu Ming Robotics raising billions of yuan within a single week. Venture capital figures show China recorded nearly 600 artificial intelligence investment deals in the first quarter, totaling over 110 billion yuan — a year-over-year surge of 185.4%. After securing funding, most Chinese AI startups are allocating their capital to three primary areas. First is research and development: top large model companies plan to invest tens of billions in R&D by 2025, a sum that far outpaces their current revenue. Second is computing power, with GPU purchases and cloud service rentals making up 30 to 50% of t