Torsten Slok: Stagnation of profit margins for other companies in the S&P 500 index poses a risk to tech giant valuations

CleanSpark has increased its holdings of 454 bitcoins, bringing its total holdings to 13924. （Cointelegraph）

Lumida Wealth CEO Ram Ahluwalia predicts that Federal Reserve Chairman Kevin Walsh will not raise or lower interest rates in the near future in order to establish the credibility of the Fed. （CoinDesk）

The Coinbase Bitcoin Premium Index has remained negative for 50 consecutive days, setting a record for the longest period in history. （Cointelegraph）

Analyst MorenoDV pointed out that Ethereum is entering the distribution phase, and the recent rebound lacks structural confirmation from the largest participants. The market needs to see stable or declining reserves and a return of whale scale orders. （CryptoQuant）

The usage scale of the Federal Reserve's overnight reverse repurchase agreement (RRP) was $4.484 billion, compared to $2.719 billion on the previous trading day.