在过去一周的行情中，比特币与以太坊的价格都有一定幅度的下跌，历史波动率与成交量都在 4.2 连续下跌时最大，未平仓量较周初都有下降。隐含波动率 BTC 与 ETH 较周初下降。此外，资金费率高位回落，表明合约交易情绪急剧下降。市场宽度指标整体市场进入较为弱势的阶段。在事件方面， 4.5 公布非农数据后主流币价格小幅下跌后反弹。

牛市迎来第一波大卖出，卖方通过BTC易手锁定了631亿美元的利润。

The main motivation comes from the strong performance of Runes Protocol that exceeds market expectations.

The passage of the Bitcoin spot ETF will push the price of Bitcoin to $1.5 million by 2030.

Only APT has a major unlock this week, which will unlock $320 million worth of tokens.

The Bitcoin Layer 2 concept takes advantage of the halving, and a number of benefits are about to be released.

"The development of RWA is clearly a trend, and people can use technology to further improve efficiency and further save related costs."

The mainnet will be launched in early May.

OKX will continue to work towards building a healthy and sustainable ecosystem in the Web3 industry to create value.

Observing the second-layer construction of Bitcoin from the perspective of the state machine, we will find that the principle of the state machine is applicable to all three system structures, but the implementation method is limited by the structure of the system.

The New Trends Summit, hosted by SevenX Ventures and co-organized by YGG, Immutable and Beam, will be held on April 7 at JW Marriott Hong Kong.

Zama believes that FHE has a lot of potential in blockchain applications and emphasizes the role of FHE in artificial intelligence. FHE will have a wider impact in the future.

BTC once broke through $69,000 during the day and then fell back to around $67,000. The implied volatility level rose slightly by 1-2% Vol, but was still slightly lower than last week's 5-8% Vol. On the other hand, Vol Skew has not changed significantly and is still near the low 25th percentile of the historical three-month data.

As we explore these frontiers, it is critical to exercise caution.

On the first day, TGE was listed on several first-tier exchanges including OKX, Bitget, and Gate.

Faced with the upcoming halving, the bulls and bears are engaged in a fierce game of whether it will be a repeat of the halving or trigger a new narrative.