News

06:51 (UTC+8)~07:07 (UTC+8), after BTC dropped below $69,100, major players intensively closed short positions, with a total of 15 limit orders executed, closing shorts worth $138 million at an average price of $68,764.4. At present, contract positions are trending downward, with no significant capital entering the market. After shorts closed, there was no follow-up, so the price may dip further. In the short term, it is recommended to focus on the major buy order range: wherever the order wall is, that's where the main line of defense lies. You can use the PRO "Major Order Tracking" indicator to monitor large limit orders, cancellations, and transaction trends in real time to pinpoint the position of the main line of defense in advance. The data is for reference only.

Customers, led by cloud service providers, are increasing their orders for high-bandwidth memory (HBM) and other data center chips to support artificial intelligence services, thereby driving both the shipment volume and profit margins of this chip-to-smartphone giant higher.

Morgan Stanley released a report on April 7, stating that due to the expected shock from surging aviation fuel prices caused by the Middle East war, the bank is comprehensively lowering its forecasts for the US aviation sector. The bank expects the first quarter to trend toward the low end of initial guidance, and subsequently, the second quarter to face significant drag (assuming a benchmark aviation fuel price of around $4 per gallon, the initial fuel shock after deducting transportation costs will be partially offset by the rebound in prices for the remaining 60% of summer bookings). The bank currently forecasts aviation fuel prices at around $3.2 per gallon in the third quarter and about $2.8 per gallon in the fourth quarter; third-quarter capacity is expected to be moderately reduced, resulting in a net impact on US airlines' unit cost per available seat mile, excluding foreign exchange effects. The bank also anticipates that guidance for fiscal year 2026 will either be fully withdrawn or, more likely, updated to a much wider range (potentially based on several fuel price scenarios).