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VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
At BRN Metaverse, our mission has always been to provide our community with the best opportunities for growth, engagement, and innovation in the digital space. As part of this commitment, we are thrilled to announce that BRN will soon be listed on Bitget, one of the fastest-growing cryptocurrency exchanges in the world. But why did we choose Bitget? Here’s a closer look at why we believe Bitget is the perfect platform for BRN’s next big step.
- 14:58CryptoQuant Research Director: The growth in demand for Bitcoin spot is shrinkingNews on March 9th, Julio Moreno, the research director of CryptoQuant, posted on platform X saying that the reason for the decline in Bitcoin prices is simply because the current demand for Bitcoin spot is shrinking. At the same time, short positions in Bitcoin are dominating in futures market.
- 14:32A whale on Hyperliquid who shorted BTC at 20 times leverage has made a floating profit of 6.375 million USDAccording to @ai_9684xtpa monitoring, BTC has fallen below 84,000 US dollars, ETH has fallen below 2,200 US dollars. The total position of Hyperliquid's 20 times short on BTC has a floating profit of 6.375 million US dollars, among which the floating profit of BTC short orders has expanded to 6.175 million US dollars. Yesterday it also added another 10 BTCs and currently the position value is as high as 42.85 million USD (512.65 BTC). The thirty times short order on ETH also already has a floating profit of $200k USD.
- 14:26ETH falls below 2100 US dollarsThe market shows that ETH has fallen below 2100 US dollars, currently quoted at 2099.02 US dollars, with a 24-hour drop of 4.08%. The market fluctuation is relatively large, please manage your risk well.