The 'main explosive short order' has sold out $10.02 million across the entire network in the past 1 hour, with short orders selling out $9.44 million

[Jump Crypto Proposes Removing Block Compute Unit Limits After Solana Alpenglow Upgrade] The Firedancer team at Jump Crypto has put forward a proposal named SIMD-0370, suggesting the removal of the current limit of 60 million compute units (CUs) per block after the Solana network undergoes the Alpenglow upgrade planned for later this year. Previously, there had been proposals to raise this limit to 100 million CUs. According to the proposal, once the limit is removed, block size will dynamically adjust based on the transaction processing capacity of high-performance validators, while lower-performance validators will forgo voting on oversized blocks through an automatic vote-skipping mechanism. The proposal argues that this will incentivize well-funded block producers to upgrade their hardware to handle more transactions, thereby creating a "flywheel effect" that enhances the validation capacity of the entire network. Roger Wattenhofer, Head of Research at Anza, expressed support for the proposal but also pointed out potential risks related to centralization and network stability. He believes these issues are manageable and remains in favor of the initiative to remove the limit.

[UK's Largest Bitcoin Money Laundering Case Opens Today, Chinese Victims to Testify Remotely] The Southwark Crown Court in the UK will begin hearings at 10:30 AM local time on September 29 for the largest Bitcoin money laundering case in British history. The case involves Qian Zhimin, the main perpetrator of the major illegal fundraising case of Tianjin Lantian Great in China. The trial is expected to last 12 weeks and conclude before Christmas. During this period, Chinese law enforcement officers will travel to London to testify in person, while multiple Chinese victims will testify remotely via video from a court in Tianjin. This judicial arrangement was made under the framework of judicial cooperation between China and the UK.

Member indicators show that the current 1-hour trading volume has surged by 347.77%, and the price has broken through the EMA24/52 moving average, clearly releasing a bullish signal. Meanwhile, the KDJ golden cross and RSI breaking through 70 further confirm the strong upward momentum. However, the distribution of chips suggests that the current price is close to the strong resistance zone of 4187.5, and the intensive peak of trading volume indicates that selling pressure may increase. In addition, the K-line shows a belt catching line, combined with the MACD double top pattern, indicating that there may be a risk of a pullback in the short term. Support level: Pay attention to the chip intensive area near 4005.5. Indicator recommendation: Open membership, accurately capture trading volume fluctuations, and lock in buying and selling points in advance! The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.

OKX-BTC/USDT is currently trading at $112102.90, up 0.14% in 5 minutes. Please be aware of market fluctuations.

[Analysis: Bitcoin Expected to Experience Significant Pullback Before Reaching All-Time High] According to a report by Golden Finance, market analyst Jordi Visser stated that Bitcoin, on its way to new highs, will undergo multiple major pullbacks of over 20%, similar to Nvidia, including a potential adjustment in the fourth quarter of this year. Visser views Bitcoin as part of the 'AI trade,' believing that as artificial intelligence disrupts traditional industries, investors will turn to Bitcoin as the best store of value in the digital age. He emphasized that Nvidia has surged over 1000% since the launch of ChatGPT, experiencing five pullbacks of over 20% during that period, and Bitcoin is expected to follow a similar trajectory. Currently, Bitcoin's price is around $110,000, down approximately 11% from its all-time high, and the market remains divided on whether it can break new highs by the end of the year.