ChainCatcher news, a certain NFT trader purchased CryptoPunk 3100 for 4500 ETH (approximately 16.03 million USD) a year ago. Eight hours ago, he sold it for 4000 ETH (approximately 6.08 million USD), incurring a loss of 9.95 million USD.

ChainCatcher news, traders have increased their bets on the Federal Reserve cutting interest rates by a full percentage point before the end of the year.

ChainCatcher news, according to Jinshi reports, traders have increased their bets on the Federal Reserve cutting interest rates by one percentage point before the end of the year.

ChainCatcher news, according to Jinshi reports, after the release of the US CPI data, US short-term interest rate futures rose, and traders increased their bets on the Federal Reserve cutting interest rates.

ChainCatcher message, according to on-chain analyst Lookonchain monitoring, a trader (@izebel_eth) opened long positions in Bitcoin and Ethereum on the Hyperliquid trading platform yesterday.The trader opened a 20x leveraged long position in Bitcoin at a price of $75,511 and a 25x leveraged long position in Ethereum at a price of $1,428.86, currently accumulating an unrealized profit of approximately $1.17 million.

ChainCatcher news, interest rate futures currently show that traders now expect the Federal Reserve to start cutting rates three times this year, beginning in June. (Jin Shi)

ChainCatcher News, U.S. President Trump stated on Wednesday that the plan to significantly increase tariffs on most countries announced last week will be suspended for 90 days. Subsequently, traders significantly reduced their bets on the Federal Reserve starting to cut interest rates in May. Interest rate futures trading shows that traders now believe the likelihood of the U.S. starting to cut rates in June is much greater than in May. They still believe that the Federal Reserve will cut rates a total of four times by the end of this year. (Jin Ten)

ChainCatcher news, according to Jinshi reports, traders are now pricing in a potential Federal Reserve rate cut starting in June instead of May.

ChainCatcher news, according to Jinshi reports, traders believe that the possibility of the Federal Reserve starting to cut interest rates in May is over 60%.

ChainCatcher news, trader Eugene posted, "The introduction of global trade tariffs marks a change in the world order that has not been seen in over 50 years. Free trade has always been a key factor driving productivity and economic growth, contributing to the largest long-term bull market in history. The shift from openness to a protectionist stance will have profound effects, which will take years to gradually manifest, unless Trump completely abandons his tariff plans. I think the likelihood of that is very low. This will pose significant long-term resistance to global risk assets.In terms of cryptocurrency, the recent structural decline in active developers may be the most concerning thing. In the last cycle, we could observe developer activity and feel reassured because we knew our industry was still benefiting from long-term tailwinds. Fast forward 2-3 years later, and we have not produced anything particularly interesting or important, and the outlook for the future is even worse than it was then.In the last cycle, we looked forward to the launch of ETFs and a better regulatory environment under government support for cryptocurrencies as a light at the end of the tunnel. Now that these have been realized, but (once again) have failed to meet expectations, I see no future that can free cryptocurrency from its inherent 'Ouroboros' (self-circling, self-consuming dilemma).In the coming weeks to months, I hope to reduce operations in the cryptocurrency space, whether bullish or bearish, as I believe this is the wisest choice. Being a believer waiting for a new bull market is no longer contrarian thinking. However, starting to explore new greenfields (undeveloped areas) is indeed contrarian.For me, the only bright spot is that the use cases and global acceptance of Bitcoin are stronger than ever, which may encourage believers to continue hoarding Bitcoin and achieve decent returns (I hope so). The idea of Bitcoin reaching $1 million per coin by 2035 is not a fantasy in my view."

ChainCatcher message, trader Eugene Ng Ah Sio posted in his personal channel, "Today, at $75,000 for Bitcoin, I bought my first batch of spot BTC, which is the first time since we liquidated all major positions in January. I’m not saying this is the bottom, but I believe we are approaching a price level that makes me willing to accumulate Bitcoin for the long term. Anyway, we are almost at the first target price. There are a lot of pessimistic posts today, which is understandable------many people are panicking and suffering greatly. However, despite what you see online, in most cases, even if we eventually go down, the market won't keep falling indefinitely. I believe we have witnessed an extreme event (especially after the futures dropped 5% in pre-market today) that is worth taking action on. If the market continues to decline, I will look for short-term rebounds in BTC and SOL for short-term trades, while continuing to accumulate more Bitcoin at the lows, preparing for long-term holding."

ChainCatcher news, according to Jin10 data reports, traders are now fully pricing in five rate cuts by the Federal Reserve in 2025.

ChainCatcher message, top trader Eugene Ng Ah Sio posted on his personal channel that this drop is not only unprecedented turmoil in the cryptocurrency market but also in the entire stock market. He vaguely feels that as long as it is handled properly, once this storm passes, it may create wealth that can change one's destiny. But for now, surviving is the key.

ChainCatcher news, well-known trader Eugene Ng Ah Sio posted on his personal channel that his BTC position, which he bottomed out and had previously reduced, was automatically liquidated today due to falling below the stop-loss price during the decline.Last Friday, Eugene stated that the support level for Bitcoin is very strong, and its relative strength during the market crash cannot be ignored. He had built a position at the price level of $83,200 and believes that the bottom of the S&P 5100 points is credible, and any recovery in the stock market will theoretically boost Bitcoin's surge.

ChainCatcher news, Greeks.live analyst Adam posted on social media, "The market generally holds a bearish sentiment, with most traders expecting prices to decline in the coming weeks, primarily influenced by macro concerns centered around Trump's tariffs. Key price levels include $80,000 as immediate support, with bearish targets extending to $40,000, and only a few isolated bullish voices suggesting a possibility of reaching $100,000 within a few months. Traders believe that tariffs have destroyed market trust, and even if tariffs are reduced before the April 9 deadline, the damage to trade relations has already been done. Gold is seen as a tool to hedge against Bitcoin volatility, with some traders using PAXG to maintain portfolio stability under uncertain market conditions."

ChainCatcher news, traders are increasing their bets on a rate cut by the Federal Reserve, believing there is a 50% chance of five rate cuts this year.

ChainCatcher message, trader Eugene Ng Ah Sio posted in his personal channel, "We will soon find that fully public positions (whether leveraged or not) on-chain are not ideal. If the game theory is compelling enough, hunting behavior will definitely occur."

ChainCatcher news, according to Jin10, traders have increased their bets on a rate cut by the Federal Reserve, expecting a 50% chance of a fourth rate cut this year.

ChainCatcher news, according to Jin10 data reports, traders have increased their bets on an interest rate cut by the European Central Bank, believing that the likelihood of a rate cut in April is as high as 90%.