US Stock Futures Dive Further

According to market data from BIT (bit.com), SanDisk extended its gains by nearly 3% in after-hours trading, following a more than 7% rally last Friday. Last week, SanDisk set mid-to-high double-digit revenue growth targets, announced plans to return 100% of its excess cash to shareholders, signed a $93.9 billion long-term agreement, and revealed its HBF samples are scheduled to debut in 2027. In the storage sector, Micron Technology and SK Hynix ADRs rose over 1%. Optical communications concept stock Applied Optoelectronics (AAOI) extended its after-hours gains by more than 2%, having surged over 15% last Friday.

According to monitoring by OnchainLens, a whale address has withdrawn 5,300 ETH from Kraken, worth roughly $9.98 million, and is expected to stake the entire amount. Last month, this address withdrew 357.1 ETH from Kraken, valued at approximately $566,000, and staked 224 of those ETH.

According to HTX market data, the crypto market remains in sideways consolidation, awaiting a directional shift. Bitcoin is trading at $62,800, down 0.3% in 24 hours; Ethereum stands at $1,876, with a 0.35% 24-hour drop. The total crypto market cap fell 0.3% over the same period to $2.226 trillion. Multiple crypto firms and analysts have recently reached a collective consensus that major market volatility is imminent. BTC’s token accumulation at the $63,000 level has hit an extreme peak; technical indicators including Bitcoin’s Average Directional Index signal volatility is set to return, as the sideways range has persisted for a considerable time. The massive short-term token accumulation near $63,000 acts as a potential volatility trigger, with any external event potentially serving as a catalyst. The market is now in a tense pre-directional phase, with significant swings ahead, and investors are urged to exercise high caution. Some altcoins are seeing unusual movements: PORTAL rose 51.3% in 24 hours to $0.0165; ALICE gained 11.7% to $0.1376; DODO climbed 11.4% to $0.022.

According to Bitget market data, South Korea’s stock market is closed today due to a make-up holiday for Liberation Day. The Nikkei 225 index opened 115.75 points higher, up 0.17%, at 68,829.55 points.

According to GMGN market data, the Meme coin "Niu Lai" on BNB Chain has hit a new all-time high, with its market cap surging past $40 million early this morning before pulling back to $26 million at press time. The token’s 24-hour trading volume stands at $44.4 million, and it has rallied 45.6% in the past 24 hours. BlockBeats reminds users that most Meme coins lack practical use cases, are highly volatile, and investors should exercise caution when investing in them.

According to GMGN market data, the BSC-based Meme coin MarsCoin (contract address starts with 0x1706) experienced a rollercoaster intraday price swing. Late yesterday, its market cap surged past $36 million, hitting an all-time high, with a single-day rally of over 400x. The market cap then crashed to $3.3 million, a drop of more than 90% from its peak, leaving only $240,000 in its liquidity pool. A wallet address linked to CZ showed unusual activity yesterday afternoon, burning 4,444 MarsCoin tokens. Last night, CZ announced he will deactivate his public wallet address to prevent his actions from being overinterpreted by the community, and will donate BNB and "Binance Life" to Giggle Academy. BlockBeats reminds users that most Meme coins lack real use cases, are highly volatile, and require cautious investment.