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US Stock Futures Dive Further

2025.04.16 13:25:49

On April 16th, the futures of the three major U.S. stock indexes witnessed a continuous decline. Nasdaq futures dropped by 2%, S&P 500 futures decreased by 1.29%, and Dow futures fell by 0.65%. (FX168)
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Analysis: Bitcoin's long positions have remained stable recently, while short positions have continued to decrease.

According to on-chain data, since August 23, BTC long positions have remained at a relatively stable level. Following the price rise, the overall market has shown a neutral consolidation trend. Meanwhile, BTC short positions have continued to decline since August 17, indicating that some short funds are still continuously exiting the market. Analysts believe that current long positions in the market have not increased significantly, and future trends will still depend on whether the short covering trend persists. Earlier, analysts stated that Bitcoin would need to meet three conditions to trigger a full-scale rally: Hyperliquid whales turning bullish, Bitfinex whales completing BTC long position accumulation, and the disappearance of negative South Korean kimchi premium and negative Coinbase premium. Currently, Bitfinex whales have finished building their BTC long positions, and both the negative kimchi premium and negative Coinbase premium have vanished, meaning two of the three conditions have been fulfilled. The core focus of the market going forward will be whether Hyperliquid whales shift to a bullish stance; once this signal emerges, it could act as a catalyst for Bitcoin to launch a new round of upward movement.

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Anthropic ordered its staff to work from home over fears of a security guard strike, but the union has stated it did not announce any strike.

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HashKey On-Chain and Conflux Network have formed a strategic partnership to advance staking business.

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A research firm says the iPhone 17 was the best-selling smartphone in the second quarter, accounting for 6% of total global smartphone shipments.

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Maji refutes rumors of an 84-fold surge in his investment portfolio: Fake news

Crypto entrepreneur Huang Licheng, known as "Brother Ma Ji", responded in a post that recent media reports from Taiwan, China claimed his investment portfolio had surged 84 times in returns, but the news is "fake". Earlier reports said Brother Ma Ji seized last week’s one-sided rally in the crypto market, rolling over his long position from around $150,000 to roughly $11.15 million, recouping approximately $11 million in total. He had incurred a cumulative loss of about $35 million from long positions on ETH over the past 10 months; after this round of gains, his historical loss narrowed to roughly $24 million. On-chain data previously also showed his cumulative historical losses remained in the tens of millions of dollars.

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