In the past hour, total liquidations across the network reached $44.79 million, with $41.59 million from long positions, with $3.20 million from short positions. BTC liquidation $21.80 million, ETH liquidation $18.03 million.

Odaily Planet Daily reports that Rezaei, Secretary of Iran's Supreme National Security Council, issued a statement: "The United States is the creator of insecurity in the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman, endangering the entire region by imposing an illegal war on Iran. The Strait of Hormuz will not reopen as long as the United States does not change its behavior and accept Iran's conditions. The United States must end the war, pay the frozen Iranian funds, and the wars throughout the region, including in Lebanon and Gaza, must end. Furthermore, other conditions conveyed to the United States through intermediaries must be met. If Iran and Oman reach an agreement on the passage through the Strait of Hormuz, this agreement will be handled separately from the issue of the strait's closure." (Jin Shi)

According to Odaily Planet Daily, Coinglass data shows that the total liquidation amount across the network remained at $68.18 million in the past hour, with $63.81 million in long positions and $4.37 million in short positions liquidated. In addition, the liquidation amount for BTC reached $24.14 million and the liquidation amount for ETH reached $19.42 million.

According to an article published on the X platform by Tom Lee of Odaily Planet Daily, the ample housing supply in the United States means that supply exceeds demand, necessitating a price adjustment, which will intuitively lead to a decline. Falling housing prices will constitute the main force cooling inflation, while rising rents will provide a slight offset. However, with 63% of households owning homes, the CPI will gradually cool down.