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Glonghui, April 3rd | Citi analyst Vismaya Agarwal stated in a report that Indian consumer staples companies may report essentially stable fourth-quarter results. He noted that, thanks to existing low-cost inventories, recent profitability in the sector should remain resilient. However, he remains vigilant regarding both the scale and duration of rising input, packaging, and logistics costs related to crude oil. He added that companies with business exposure in the Middle East, such as Orkla India and Dabur India, also face incremental risks due to the conflict. Citi continues to favor food and beverage manufacturers over home and personal care companies. The bank's top stock picks are Britannia Industries, Godrej Consumer Products, and Tata Consumer Products.

Glonghui April 3rd｜Analysts at Daiwa Capital Markets stated in a research report that Shopee, the e-commerce platform under Sea Group, appears to be in a reinvestment phase. These analysts pointed out that the platform is prioritizing infrastructure construction, logistics capabilities, and targeted user initiatives over short-term profitability. Although the platform's gross merchandise value continues to be supported by a healthy combination of buyer expansion and increased order frequency, Daiwa expects there will be no significant earnings surprises in the short term. The brokerage lowered its adjusted earnings per share forecast for Sea Group in 2026 by about 4% and cut its target price for the US American Depositary Receipt from $165.00 to $157.00. However, it reiterated its "Buy" rating, as the risk-reward profile remains attractive. The latest closing price for the US American Depositary Receipt was $82.28.

BlockBeats news, on April 3, analyst Murphy stated that an observed crossover has occurred between the average on-chain turnover cost (yellow line) of BTC held for 1-2 years and the average on-chain turnover cost (orange line) of BTC held for 1-3 months. This signal can be confirmed with nearly 100% certainty on the on-chain data level and indicates that BTC has officially entered the second half of the bear market. In addition, Murphy noted that the well-known on-chain analyst Willy Woo’s long-term Bitcoin valuation indicator CVDD reached $45,410 at the end of last month, only slowly rising by $506 since February 10. This reflects that early whale holders have drastically reduced or nearly stopped on-chain turnover. CVDD is one of the few indicators in BTC history that has never failed—the price has always stayed above CVDD, and the bear market bottom only ever gets infinitely close to it but never falls below. Therefore, even if there is a 'final drop', BTC will not fall below about $45,500. In theory, there is currently a possible maximum drawdown of about 30%, but in reality it is likely to be much less.