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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.

Glonghui April 3rd｜CIMB Securities analyst Ivy Ng stated in a report that Bursa Malaysia and FTSE Russell plan to expand the number of constituents in the Kuala Lumpur Composite Index from 30 to 50, and this move appears to be positive. She said that this could increase the market capitalization coverage from 60% to 70%, enhance the representativeness of the Malaysian stock market, and improve industry diversification. She estimates that a hypothetical index of 50 constituents would outperform the current index by about 60 points annually. The weights of the financial and utilities sectors may decline, while the weights of the real estate, industrial, and energy sectors may rise. She added that Dialog, United Plantations, and KPJ Healthcare could benefit, while the weights of major banks might be reduced. Bursa Malaysia and FTSE Russell are seeking feedback on these proposals, with implementation targeted for either December 21, 2026 or June 21, 2027, depending on the outcome of the consultation.

Foresight News reports that the zero gas fee chain Intergaze, optimized for NFTs, will gradually cease operations. Users must withdraw their assets within 14 days before cross-chain closure (before April 16). NFTs held by NFT holders will be migrated to Stargaze on Cosmos Hub in the second half of May. Users need to register a Cosmos wallet by May 1 to be included in the migration.