Anthropic drops Claude Code from Pro plan, drawing criticism as developers migrate to OpenAI; Codex remains free/basic, GPT-5.4 and Image 2.0 boost performance, driving large user migration. Abstract: The article examines Anthropic's removal of Claude Code from the $20 Pro plan, which triggers backlash from developers who call it a hidden price increase and a reliability risk. It contrasts this move with OpenAI's policy of keeping Codex in free and basic tiers, while highlighting strong model performance from GPT-5.4 and ChatGPT Images 2.0, and notes a rapid migration of users to OpenAI, with Codex reportedly exceeding 4 million weekly active users.

Crypto Fear & Greed Index fell to 32 from 33, signaling continued panic; the 0-100 scale marks fear below 50 and greed above 50. Abstract: The Crypto Fear & Greed Index dropped to 32 on April 22, signaling ongoing panic after a decline from 33 the previous day. The index operates on a 0-100 scale, with readings below 50 indicating fear and readings above 50 indicating greed.

Gate News message, April 21 — Bitcoin (BTC) fell below the $75,000 mark, currently trading at $74,992.3 with a 24-hour decline of 1.63%.

Gate News message, Scroll_ZKP experienced a significant TVL decline from $232.7M to $23.19M within two days (April 7-9), following ether_fi's migration to Optimism. Data shows that 5 out of the top 10 blockchains with the largest TVL drops over the past 30 days are Ethereum Layer-2 networks.

Gate News message, April 21 — Ethereum (ETH) fell below $2,300 intraday, declining 0.64% over the course of the day.

In 2025, ByteDance's net profit fell over 70% due to high spending on AI infrastructure, despite a nearly 50% revenue growth from overseas and significant expansion in TikTok Shop. Challenges include regulatory headwinds impacting e-commerce.

COMEX gold futures dropped 0.79% to $4,841 per ounce, while silver futures fell 2.41% to $79.87 per ounce on April 20.

Global AI model call volumes declined to 206 trillion tokens last week. China's calls dropped to 444.1 trillion, while U.S. volumes rose to 490.8 trillion, surpassing China's for the first time in two months. Four of the top nine models are Chinese, with DeepSeek V3.2 second in calls.

During the period from 2026-04-19 22:00 to 2026-04-19 22:15（UTC）, the ETH price fell from 2275.98 USDT to 2252.72 USDT. The return over 15 minutes was -0.69%, and the amplitude reached 1.02%. During this round of unusual price movement, short-term market volatility increased, attention on major coins rose, trading activity improved, and volatility was clearly tilted bearish. The main driver behind this unusual move is the frequent occurrence of on-chain ETH large transfers with both high frequency and notable volume concentrated in a short period. Using a certain well-known hot wallet as a hub, more than 20,000 ETH were transferred out in a short time, and some of it has been traced on-chain and confirmed to have flowed to other exchanges’ receiving addresses. After funds briefly flowed into trading platforms, the number of sell orders in the spot market increased significantly, bringing about a phase of liquidity pressure and further intensifying the downward move in price. In addition, the futures market is linked to spot volatility; during the decline, highly leveraged long positions were liquidated passively, pushing short-term prices to release more downside pressure. At the same time, the pace of ETF capital inflows has slowed since mid-April. Within the latest range, continuous net inflows have been trending steadily, and coupled with some funds making small redemptions, this weakens the market’s institutional support. Global risk sentiment is also facing synchronized pressure—repeated swings in macro-level expectations for the Federal Reserve’s policy and heightened geopolitical tensions have driven inflows into safe-haven assets. The U.S. Dollar Index strengthened in the short term, global equity markets came under pressure, and this further reinforced ETH’s ongoing downside pressure. In addition, the 24-hour trading volumes for spot and futures were 21.75 billion USD and 42.76 billion USD, respectively; futures open interest was 30.93 billion USD. The liquidation size showed no abnormality, indicating a structural adjustment under multi-dimensional market convergence. Going forward, it is necessary to stay alert to risks such as continued large outflows on-chain and ETF capital movements shifting from inflows to outflows. If the macro environment deteriorates further, ETH may further intensify volatility. For short-term support, watch the 2250 USDT area; resistance is at 2275 USDT. The ETF trend, the direction of on-chain transfers, and macro news remain the key indicators to monitor for the next stage. Please closely follow subsequent market developments and the flow of large on-chain funds, and promptly capture relevant trading information.

From 17:45 to 18:00 (UTC) on 2026-04-19, the ETH price recorded a return of -0.56% within 15 minutes, closing in the 2294.03 - 2311.0 USDT range, with an amplitude of 0.73%. Heightened market volatility triggered increased short-term trading activity and boosted attention, while overall liquidity performance tightened. The main driving force behind this unusual move is institutions’ short-term in-and-out flows of ETF funds and a lull in on-chain stablecoin activity. In early April, after the ETH spot ETF recorded a net inflow of $120.24 million over a short period, it quickly reversed to a net outflow of $64.61 million, indicating that institutional capital became more short-term and there was no signal of sustained accumulation. Meanwhile, on-chain USDT and USDC activity fell in tandem to an annual low; ETH’s short-term buying power was clearly insufficient, putting pressure on liquidity. In addition, high-win-rate whales have been frequently shorting ETH and BTC since April 14, with related position sizes exceeding $25 million, further intensifying downward pressure in the short term. On the macro front, the Federal Reserve maintains high interest rates, the U.S. dollar remains strong, risk appetite has shifted to cautious, and some funds have flowed into traditional assets such as U.S. stocks. On-chain data shows that exchange reserves for ETH have fallen to the lowest level in nearly a decade, suggesting that long-term holders are actively shifting away from self-custody, further reducing market liquidity supply and amplifying price anomalies. Network conditions are stable; gas fees are operating at low levels, and on-chain transactions have not shown extreme spikes. The risk of near-term fluctuations remains high. ETF fund flows, large on-chain transfers, stablecoin activity, and changes in whale positions will be key indicators to watch. If institutions step up selling or stablecoin outflows expand further, ETH price volatility may intensify. Please continue to monitor macro developments and on-chain liquidity changes, stay alert to the risk of sharp short-term volatility, and get more real-time updates.