The Crypto Assets market has recently shown intense Fluctuation. According to market analysis, if the Bitcoin price breaks through $115,000, it may trigger about $676 million in short order liquidations; conversely, if it falls below $112,000, it could lead to approximately $404 million in long order liquidations. This bidirectional liquidation pressure highlights the current market's high sensitivity.

At the same time, the Bitcoin spot ETF in the United States experienced a net outflow of $642.9 million last week, reflecting cautious investor sentiment. However, large investors are still actively positioning themselves. Reports indicate that a large investor has increased their Bitcoin long order position on the Hyperliquid platform, currently holding 752 Bitcoins worth approximately $86 million, with an average price of $114,361, and setting a new profit-taking target at $120,000. This suggests that some investors remain optimistic about the future of Bitcoin.

The Ethereum market is also not to be outdone, as an address suspected of being an institutional investor recently increased its holdings by 15,846 ETH and staked them, with a total value of approximately 55.34 million USD and an average price of 3,492 USD. This action demonstrates long-term confidence in the Ethereum ecosystem.

Meanwhile, the global trade situation has once again become tense. U.S. Trade Representative Tai recently announced that the U.S. government has basically decided to impose a new round of tariffs on multiple countries, including varying rates on Canada, Brazil, India, and Switzerland. This decision could have far-reaching effects on the global economy and financial markets.

In addition, the U.S. government has stated that it will announce new Federal Reserve Board nominees in the near future, which may affect the direction of future monetary policy. Changes in these macroeconomic factors will undoubtedly have a ripple effect on the Crypto Assets market, and investors need to closely monitor the potential impact of these developments on the market.