[Federal Reserve: Beige Book Shows Economic Stability but Increasing Household Pressure] The Federal Reserve's latest Beige Book indicates that the U.S. economy remains generally stable, but signs of increased financial pressure on households have emerged, with economic performance becoming increasingly uneven. (Cointelegraph)

Member indicators show that the current price is near the key support zone of $3950, and chip distribution data indicates strong buying activity in this area. Cooperating with KDJ to enter oversold areas and form a golden cross signal further confirms the possibility of short-term rebound. However, the current trading volume has shrunk to 47% of the average level, market participation is sluggish, and coupled with the continuous decline of the EMA24/52 moving average, the overall trend is still weak. If unable to stabilize at $3950, it may further drop to the strong support level of $3844. Open membership immediately and accurately grasp the main trends! The data is sourced from the PRO member's [ETH/USDT Binance 2-hour] K-line, for reference only, and does not constitute any investment advice.

[Bank of England Plans to Remove Stablecoin Holding Limits] Bank of England Deputy Governor Sarah Breeden stated that once the economic risks associated with stablecoins are mitigated, the limits on the amount of stablecoins individuals and businesses can hold will be removed. She warned that the widespread adoption of stablecoins could trigger a significant outflow of bank deposits.

Binance BNB/USDT is currently trading at $1149.21, a decrease of 0.17% in 5 minutes. Please pay attention to market fluctuations.

Despite a comparably muted October, bitcoin’s steady performance near $110,000 and signs of Fed easing have analysts calling for a breakout.