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Greeks.live macro researcher Adam pointed out on the X platform that as the price of Bitcoin continues to rebound, the implied volatility (IV) of major term options is actually decreasing, and while IV is falling, the skew is clearly positively biased. The main reason for this phenomenon is that the military conflict between the U.S. and Iran is gradually calming down, and the market's concerns about war risks are dissipating, leading to a significant drop in the prices of put options.The trading on the order book and in bulk is relatively balanced, with major transactions concentrated in the current and next month. The market is readjusting its position layout, and the main participants have reached a consensus on the future market expectations—low volatility expectations are becoming the mainstream in the market.

According to Coinglass data, if ETH falls below $2,266, the cumulative long liquidation intensity on mainstream CEX will reach $1.536 billion. Conversely, if ETH breaks above $2,501, the cumulative short liquidation intensity on mainstream CEX will reach $963 million.

The security agency Innora released a report stating that the financial protocol Saturn on Ethereum has two serious vulnerabilities. These include:Withdrawal freeze vulnerability: Under normal business operations, all user funds could be locked, with a minimum of 30 days and, in extreme cases, indefinitely frozen. No hacker is needed; the protocol can trigger this itself.Privileged addresses in the protocol can legally intercept up to 33.33% of the funds per operation. According to current data, a single operation can intercept up to approximately $157,000, with a theoretical total risk of up to $4.26 million.Innora stated that over 90% of Saturn's assets are managed by privileged addresses, and users are completely reliant on trust. As of the report's release, this vulnerability has not yet been fixed.

According to Coinglass data, if ETH falls below $2,246, the cumulative long liquidation intensity on mainstream CEX will reach $1.051 billion. Conversely, if ETH breaks above $2,481, the cumulative short liquidation intensity on mainstream CEX will reach $645 million.

According to Coinglass data, if BTC falls below $70,681, the cumulative long liquidation intensity on mainstream CEX will reach $2.298 billion. Conversely, if BTC breaks above $78,073, the cumulative short liquidation intensity on mainstream CEX will reach $1.005 billion.

Tether CEO Paolo Ardoino hinted at a major announcement.

According to Coinglass data, if BTC falls below $70,604, the cumulative long liquidation intensity on mainstream CEX will reach $2.108 billion. Conversely, if BTC breaks above $77,964, the cumulative short liquidation intensity on mainstream CEX will reach $750 million.

According to on-chain analyst Ai Yi's monitoring, during the market rise early this morning, the whale "set 10 big targets" and stopped loss on 2567.49 BTC short positions at $73,500, incurring a loss of about $5 million, with the stop loss point for ETH unknown.He stated that the original plan was to see it rise to $60,000, but chose to stop loss due to geopolitical news. This trader had made a profit of $21.76 million in mid-March, and since April, the three operations have broken even, and he currently plans to temporarily stop trading.

According to Coinglass data, if ETH falls below $2,111, the cumulative long liquidation intensity on mainstream CEX will reach $967 million. Conversely, if ETH breaks above $2,329, the cumulative short liquidation intensity on mainstream CEX will reach $512 million.

According to The Block, zero-knowledge proof scaling developer StarkWare announced layoffs and initiated an internal restructuring. Co-founder and CEO Eli Ben-Sasson stated in an all-hands meeting that the company is "overly large" and needs to return to a "startup mode" to accelerate product-market fit. The specific number of layoffs and the timeline have not yet been disclosed, but the company promises to provide severance compensation that exceeds legal requirements.After the restructuring, StarkWare will split into two independent business units: one is a revenue-oriented application department led by current CPO Avihu Levy, focusing on developing monetizable products on its own technology stack; the other is the Starknet development department led by current product head Tom Brand. Each unit will have its own engineering, product, and marketing teams.Strategically, StarkWare plans to fully control the complete blockchain proof technology stack, including Cairo, Sierra, and quantum-resistant STARK cryptography, reducing reliance on external Layer 1 blockchains and application teams. Ben-Sasson stated that the company will shift from "doing many things well" to "doing a few things excellently," focusing on high-potential, high-value directions that only StarkWare can achieve. Additionally, COO Oren Katz has applied for resignation and will officially leave at the end of April.

According to Coinglass data, if ETH breaks through $2,309, the cumulative short liquidation intensity on mainstream CEX will reach $798 million. Conversely, if ETH falls below $2,093, the cumulative long liquidation intensity on mainstream CEX will reach $581 million.

According to Coinglass data, if ETH breaks through $2,294, the cumulative short liquidation intensity on mainstream CEX will reach $751 million. Conversely, if ETH falls below $2,078, the cumulative long liquidation intensity on mainstream CEX will reach $319 million.

According to Coinglass data, if ETH breaks through $2,324, the cumulative short liquidation intensity on mainstream CEX will reach $788 million. Conversely, if ETH falls below $2,122, the cumulative long liquidation intensity on mainstream CEX will reach $454 million.

According to Coinglass data, if BTC breaks through $75,122, the cumulative short liquidation intensity on mainstream CEX will reach $1.16 billion. Conversely, if BTC falls below $68,586, the cumulative long liquidation intensity on mainstream CEX will reach $409 million.

According to Coinglass data, if ETH falls below $2,170, the cumulative long liquidation intensity on mainstream CEX will reach $813 million. Conversely, if ETH breaks above $2,395, the cumulative short liquidation intensity on mainstream CEX will reach $411 million.

According to the proposal, the regulatory authority over cross-border institutions that are systemically important will be transferred from the competent authorities of each member state to ESMA, covering large CASPs, trading venues, central counterparties, and central securities depositories. This is the most significant structural adjustment to the EU's crypto regulatory framework since the full implementation of the Markets in Crypto-Assets Regulation (MiCA) for CASPs at the end of 2024.Under the current MiCA framework, the national competent authorities act as the frontline regulators, while ESMA plays only a coordinating role.

According to Coinglass data, if ETH falls below $2,150, the cumulative long liquidation intensity on mainstream CEX will reach $699 million. Conversely, if ETH breaks above $2,358, the cumulative short liquidation intensity on mainstream CEX will reach $573 million.

According to Coinglass data, if BTC falls below $69,413, the cumulative long liquidation intensity on major CEX will reach $1.623 billion. Conversely, if BTC breaks above $76,177, the cumulative short liquidation intensity on major CEX will reach $1.586 billion.

According to Coinglass data, if ETH falls below $2,128, the cumulative long liquidation intensity on major CEXs will reach $1.11 billion. Conversely, if ETH breaks above $2,347, the cumulative short liquidation intensity on major CEXs will reach $927 million.

According to Coinglass data, if ETH falls below $2,124, the cumulative long liquidation intensity on mainstream CEX will reach $1.233 billion. Conversely, if ETH breaks above $2,345, the cumulative short liquidation intensity on mainstream CEX will reach $787 million.