Bitcoin Capital launched the BONK ETP on the SIX Swiss Exchange in Switzerland.

Ki Young Ju: Bitcoin may have to retreat to the $55,000 region before entering a true recovery cycle

Selling pressure is outweighing new capital; divestments by organizations and the lack of buying demand are shaping the current cycle. CryptoQuant CEO Ki Young Ju has stated that the current Bitcoin market is in a clear downtrend. He warns that a true recovery has yet to occur.

Mysterious entity in Hong Kong becomes the largest IBIT holder

An offshore entity, Laurore Ltd., has emerged as the largest investor in BlackRock's Bitcoin ETF, iShares Bitcoin Trust (IBIT), holding 8.79 million shares worth about $436 million dollars at the end of 2025. Analysts suggest this structure may cater to investors seeking regulated Bitcoin access, especially from regions with limited direct crypto access.

Data: If BTC breaks through $69,657, the total liquidation strength of long positions on mainstream CEXs will reach $1.426 billion.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $69,657, the total liquidation strength of long positions on major CEXs will reach $1.426 billion. Conversely, if BTC drops below $63,309, the total liquidation strength of short positions on major CEXs will reach $658 million.

Analyst: BTC Range Tightening Could Trigger Strong Momentum Move

_OG coin remains compressed between $66K and $72K, with steady positioning increasing the odds of a sharp breakout move._ Bitcoin is rotating within a defined bracket, and pressure is building. Sellers keep rejecting moves near $72,000, while buyers defend the $66,000 area. According to