#美国非农就业数据未达市场预期 **Market Quick Scan**

BTC is currently hovering around $90,800, down 1.2% in 24 hours, with a brief dip to a low of $91,200. ETH is also not doing well, fluctuating around $3,090, down 0.7%. The total market capitalization of cryptocurrencies is $3.06 trillion, with $374 million liquidated across the network in the past 24 hours, involving 134,200 traders. Long positions were liquidated for $260 million, and short positions for $115 million.

**On-Chain and Institutional Movements**

An institutional wallet on a compliant platform dumped 570 BTC, equivalent to $51.535 million. On-chain indicators show the BTC VDD multiple is at a low level, indicating the market is still in the silent accumulation phase, with long-term holders not selling much.

**Exchanges and Ecosystem**

An exchange is undergoing a global restructuring and layoffs. On the creator platform side, project founders have returned to the X social platform, vowing to reform the creator fee model, which caused the related token to rise by about 10%.

**Macro and Policy Pressures**

The US dollar is surging, rising for four consecutive days to a one-month high, putting pressure on crypto risk appetite. There is also a major event—the US Department of Justice has approved the sale of 69,370 BTC seized in a notorious case, which could temporarily disturb market sentiment.

**Technical Brief**

XRP's leverage reset has formed a golden cross, and it is currently holding steady above the $2.10 support level.