CZ suggests using blockchain technology to achieve AI data annotation and advocates for the development of decentralized tools

Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 1. The current news mainly focuses on selling and capital outflow, which has an amplifying effect in the cryptocurrency market. As a benchmark asset, BTC's bear market signals often drag down altcoins such as ETH, leading to a chain reaction. The outflow of ETFs (especially the $1.4 billion scale of ETH) indicates a lack of institutional confidence, which may trigger panic selling among retail investors and further drive up volatility. Option expiration is a short-term catalyst that can exacerbate price volatility, but without a positive turning point (such as favorable policies), it may continue to decline. 2. In the near future, we will be cautious and defensive in our single position. We will be bearish in the short term (affected by news and the downward trend of the K-line) and wait for confirmation of the rebound signal at the support level before going long. Risk management priority: strict stop loss, with positions not exceeding 5-10% of total funds. This is not investment advice, it is just a sharing of ideas. The market fluctuates greatly, combined with one's own risk tolerance. 3. Short term bearish strategy (high probability, combined with current selling pressure): Entry: BTC confirms bearish pressure below 100k (if rebound fails); ETH is empty below 3200. Target: BTC aiming at 92k/90k; ETH aims at 3k/2.8k. Stop loss: BTC above 100k; ETH above 3200. Reason: There is no turning point in the news, and the downward channel of the K-line is complete. Mid line bullish strategy (low probability, reversal waiting): Entry: BTC stabilizes at 92k support level (RSI rebounds>40); ETH has a bullish or bearish signal around 3k. Goal: BTC rebounds to 105k; ETH reaches 3500. Build positions in batches, combined with positive news such as Saylor buying. Stop loss: BTC fell below 90k; ETH fell below 2.8k. Reason: If the news improves (such as a stock market rebound), the support level can become a bottom. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

The Scaramucci family has invested over $100 million in US President Trump's Bitcoin mining company. （Cointelegraph）

[Metaplanet CEO Says ETFs Will Not Undermine the Advantage of Bitcoin Treasury Companies] Metaplanet CEO Simon Gerovich posted on the X platform stating that ETFs rely on capital inflows for support; otherwise, the amount of Bitcoin held will not increase, whereas the amount of Bitcoin held by Bitcoin treasury companies remains constant. Gerovich believes ETFs are a 'static exposure,' different from the role of Bitcoin treasury companies, and will not undermine the advantage of Bitcoin treasury companies.

Michael Saylor stated that even if the price of Bitcoin falls to $1, they will not be liquidated and will continue to purchase Bitcoin to bring its price back up. （Bitcoin Archive）

[Fed Meeting Minutes to Reveal Rate Direction, Market Expectations Diverge] The Federal Reserve's October policy meeting minutes will be released next Thursday at dawn (UTC+8), as investor uncertainty over the U.S. interest rate path intensifies. Last month, the Fed lowered the benchmark interest rate to the 3.75%-4% range, but Chair Powell did not signal another rate cut in December. Previously, the market had priced in a 25 basis point rate cut in December, but Powell stated that further rate cuts by year-end are not a foregone conclusion, reshaping market expectations. Boston Fed President Collins questioned a rate cut next month, stating that the threshold for additional easing is relatively high. During the U.S. government shutdown, key economic data was not released, and Morgan Stanley analysts pointed out that the lack of data will leave the Fed facing an information gap in its December decision-making process.