MyToken Short-Term Trading Assistant just detected a sell signal of BTC/USDT at UTC/GMT 16:00:00 pm, Feb. 16, with the sell price at 67539.50 USDT. According to the analytical result from Short-Term Assistant, recently BTC is going weak and showing a downtrend. The next resistance level above is 70236.42 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

According to Huoxun Finance on February 16th, some staunch gold bulls are unfazed by the historic pullback in precious metals and still expect gold prices to surge to unprecedented levels again. At the end of January, New York gold futures prices briefly broke through a record high of $5,600 per ounce, but then suffered an unprecedented plunge the following day. During this period, one or more investors began buying December-expiring call option spread contracts with strike prices of $15,000/$20,000 on the COMEX division of the Chicago Mercantile Exchange. Even after gold prices consolidated around $5,000, this position continued to grow, now reaching approximately 11,000 contracts. "It's truly surprising to see so many deep out-of-the-money call option spread open interest after a technical pullback," said Akash Doshi, global head of gold and metals strategy at State Street Investment Management. "Some traders may see this as a cheap lottery opportunity."

According to Huoxun Finance on February 16, OnchainLens detected that WorldLibertyFinance, a crypto project of the Trump family, deposited 235 million WLFI tokens into Binance, worth approximately $24.13 million.

Huoxun Finance News, February 16th - According to Jinshi, with the Federal Reserve about to release a highly anticipated bank capital proposal related to Basel III, US lending institutions may face new mortgage requirements. Michelle Bowman, the Federal Reserve's chief banking regulator, stated that this new measure related to residential real estate will consider increasing the "risk sensitivity" of mortgage capital requirements on banks' books. One approach is to use loan-to-value ratios to determine the applicable risk weights for residential real estate exposures, rather than using a uniform risk weight. "This change could better align capital requirements with actual risk, support on-balance-sheet lending by banks, and potentially reverse the trend of mortgage activity shifting to non-bank institutions over the past 15 years," Bowman said.

According to Huoxun Finance on February 16th, citing Jinshi, Bank of America's latest foreign exchange and interest rate sentiment survey shows that market sentiment towards the US dollar in February was at its most negative level in 14 years. Currently, short positions in the US dollar have reached their highest level since January 2012.