Group 1: Job Openings - The number of job openings at the end of January increased by 396,000 to 6.95 million, following a revised December figure [1] - Hires rose to 5.294 million from 5.272 million, while separations decreased to 5.105 million from 5.203 million [1] Group 2: Inflation Data - The core PCE price index rose by 0.363% month-over-month, leading to a 12-month inflation rate of 3.056%, indicating a minor overshoot of expectations [1] - The overall PCE price index increased by 0.3% month-over-month, while the headline inflation rate dipped to 2.8% from 2.9% [1] - The core PCE price index unexpectedly ticked up to 3.1% from 3% year-over-year [1] Group 3: Economic Growth - Fourth-quarter GDP growth was revised down to an annual rate of 0.7% from 1.4%, with downward revisions noted in exports, consumer spending, and government spending [1] - Real final sales to private domestic purchasers rose by 1.9%, revised down from 2.4%, marking the lowest reading since the end of 2022 [1] Group 4: Personal Income and Spending - Personal income rose by 0.4%, below the forecast of 0.5%, while personal consumption also increased by 0.4%, exceeding the forecast of 0.3% [1] Group 5: Market Reactions - S&P 500 futures rose by 0.55% following the economic data release, recovering from a previous decline [1] - The 10-year Treasury yield decreased to 4.24%, and crude oil prices fell nearly 3% [1]

Market Overview - Bitcoin (BTC) is trading above $90,500, but this increase is accompanied by rising realized losses and weakening demand across the market [1][5] - Investors are exiting positions at a loss, indicating a potential exhaustion in the market rather than a recovery [2] - Large deposits are driving the latest BTC inflows to exchanges, with the average deposit value significantly increasing as whales sell their coins [3] On-Chain Analysis - The recent surge in deposits coincides with weakening liquidity conditions, raising concerns about the market's ability to absorb supply [4] - Realized losses have reached levels similar to previous cycle lows, and the short-term holder profit and loss ratio has collapsed, indicating a lack of buying momentum [5] Price Movements - Bitcoin is holding above the $90,000 level, but on-chain and derivatives data suggest the rebound lacks conviction and is vulnerable without stronger demand [6] - Ether (ETH) is trading near the $2,900 zone, with rising large-holder deposits and weak demand signals indicating a fragile rebound [6] - Gold has climbed above $4,170, driven by expectations for lower U.S. interest rates boosting demand for the metal [6] Stock Market Performance - Asia-Pacific stocks have risen, with Japan's Nikkei 225 up 1.42%, influenced by Wall Street's rebound on rising hopes for Fed rate cuts [7]