There is a divergence in the Chinese community regarding the short-term trend, with traders focusing on the selling pressure caused by liquidity depletion.

A smart trader “ANz5PL” made $4.2M on $TRUMP. After 8 months of inactivity, he spent 112 $SOL($9.7K) to buy 307,159 $WAR today.

On February 11, Inner City Press reported that the U.S. Attorney’s Office for the Southern District of New York has received a request from FTX founder Sam Bankman-Fried (SBF) to review files related to a cryptocurrency crime case.

On February 11, per CME’s FedWatch data, the probability the Federal Reserve will cut interest rates by 25 basis points in March is currently 21.6%, while the chance rates remain unchanged stands at 78.4%.

Feb. 11 — Federal Reserve official Harker noted that the Fed’s interest rate policy could stay on hold for quite some time. (Xinhua Finance)

February 11th — Per Coinglass data, Bitcoin’s downturn has stabilized, with the token reclaiming the $69,000 level. However, current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate the market remains predominantly bearish (see attached chart). **BlockBeats Note**: Funding rates are fees set by crypto exchanges to align perpetual contract prices with the underlying asset’s spot price. They function as a transfer between long and short traders—exchanges do not collect this fee. The mechanism adjusts costs or profits for position holders to keep contract prices closely tied to the underlying asset. A 0.01% funding rate is the baseline. Rates above 0.01% signal generally bullish sentiment; rates below 0.005% indicate bearish sentiment.

On February 11th: Per Bitcoin Magazine, Harvard University’s holdings of Bitcoin ETFs have surpassed the market value of its shares in Alphabet, Google’s parent company.