Data: If ETH falls below $1,861, the total long liquidation strength on major CEXs will reach $857 million.

ENS (Ethereum Name Service) increased by 15.55% in the past 24 hours

Gate News Bot Message, February 14th, according to CoinMarketCap data, ENS (Ethereum Name Service) is currently priced at $6.68, up 15.55% in the past 24 hours, with a high of $7.16 and a low of $5.41. The 24-hour trading volume reached $112 million. The current market capitalization is approximately $255 million, an increase of $34.3 million from yesterday.

For professional investors only! Hong Kong opens up crypto asset-backed financing and perpetual contracts

The Hong Kong Securities and Futures Commission has opened up virtual asset margin financing and perpetual contracts, limited to professional investors to enhance market liquidity and risk management. Measures include allowing Bitcoin and Ethereum as collateral, while establishing transparent design and information disclosure principles to assist investors in risk management. Affiliates can act as market makers to further increase liquidity.

Bottoming out and aiming for a rebound by the end of the year! Standard Chartered predicts: Bitcoin may drop to $50,000, and Ethereum could fall to $1,400

Standard Chartered Bank has revised down its short-term outlook for the cryptocurrency market, predicting a potential wave of sell-offs in the coming months but remaining optimistic about a rebound by the end of the year. The Bitcoin target price has been lowered to $100,000, and Ethereum to $4,000, citing low confidence among ETF investors and economic uncertainties affecting market sentiment. Although the short-term outlook is bearish, the long-term market resilience remains positive.