The US government has intervened in the release of GPT-5.6, potentially repeating the misfortune of Fable being pulled offline.

According to Bitget’s market data, US and European stock index futures continue to slump: Nasdaq 100 futures extended losses to 1.6%, S&P 500 futures fell 0.7%, Dow futures dropped 0.18%, Euro Stoxx 50 futures declined 0.9%, Germany’s DAX futures fell 1%, and UK FTSE futures dropped 0.8%.

According to Hyperinsight’s monitoring, against the backdrop of high PCE inflation and broad tech stock sell-offs, BlackBerry (BB)’s Q1 revenue rose 26% year-over-year, beating guidance and raising its full-year outlook, standing out amid the downturn. On the Hyperliquid platform, BB’s 24-hour contract price surged 12.6% to $10.28. On-chain whales are overall bearish: total nominal short positions stand at ~$9.6 million, 2.17 times the long positions ($4.42 million), indicating a large net-short stance. However, the average entry price for short positions is ~$9.25, which has now been surpassed by the current price of $10.28, leaving shorts collectively in short squeeze unrealized losses. In contrast, the average entry price for longs is ~$9.05, resulting in overall unrealized profits. Looking at liquidation line distributions: the nearest short liquidation line is at $13.2, ~28.4% above the current price; the nearest long liquidation line is at $6.72, ~34.7% below the current price. Notably, the address with the largest profit holds a 5x leveraged long position worth $1.33 million, with an average entry price of $8.8, currently boasting a 70% return. Address: 0xfc079a49e371976f559bea0cd1c1f87a5f5b9464

Wall Street’s differing views on year-end U.S. stock market levels are narrowing, with 8,000 points for the S&P 500 emerging as a new psychological anchor. Fundstrat raised its year-end target for the index from 7,700 to 8,000; Goldman Sachs, Morgan Stanley, Deutsche Bank, and Societe Generale have also set targets near this level. Goldman Sachs previously lifted its 2026 S&P 500 target from 7,600 to 8,000, citing that earnings growth and AI investments continue to underpin the index, rather than relying solely on valuation expansion. Even the more conservative cohort is boosting targets: JPMorgan Chase raised its target from 7,600 to 7,800, while Barclays and Stifel also adjusted their year-end targets to 7,800. Barclays lifted its 2026 S&P 500 earnings per share forecast from $321 to $337, and set a 2027 target of 8,800 points. The shared rationale behind these moves includes upward revisions to corporate earnings, AI capital expenditure, improved visibility into tech sector profits, and easing geopolitical risks. However, this consensus does not equate to zero risk. JPMorgan Chase warned that momentum stocks, semiconductors, storage stocks, and second-tier AI concepts have become overcrowded in trading, and low-quality and speculative growth stocks may see sharp declines. It favors a barbell allocation strategy of "quality growth + low-volatility quality".

According to Bitget market data, South Korea's KOSPI index has extended its downward trend, plunging 7.00% intraday to 8303.60 points.

On-chain analyst Ai Yi (@ai_9684xtpa) has monitored that three addresses suspected to belong to the same whale or entity opened a total of 500 BTC long positions with 20x leverage last night, at an average entry price of $59,253, and are currently facing an unrealized loss of $258,000. The three addresses exhibit similar trading behaviors, and their miner fees were all bridged via Bridgers.

According to Bitget market data, spot gold has once again fallen below $4,000 per ounce, with an intraday decline of 0.68%.