[Wall Street Warns of Increased Short-Term Volatility Risk in U.S. Stocks] Wall Street strategists have warned that U.S. stocks may face greater short-term volatility. Factors such as high valuations, government shutdowns, and trade uncertainties are increasing market vulnerability. The S&P 500 Index has gone 97 consecutive days without a 5% pullback, far exceeding the long-term average, potentially entering a technical correction cycle. Analysts from Morgan Stanley and JPMorgan have both pointed out that elevated stock valuations and crowded positioning could exacerbate short-term correction risks.

**[Binance HODLer Airdrop Launches Yield Basis (YB)]** Binance announces the launch of the HODLer airdrop event, introducing the Yield Basis (YB) token, a DeFi protocol designed to provide yield to liquidity providers while mitigating impermanent loss through leverage. The airdrop will take place on 2025-10-15 at 19:00 (UTC+8). The token will begin trading on 2025-10-15 at 19:00 (UTC+8), supporting trading pairs such as YB/USDT, YB/USDC, and YB/BNB. After the airdrop, YB will be available on services such as Spot Trading, Deposit Services, Trading Bots, and Spot Copy Trading, with an expected launch time of 2025-10-15 at 19:00 (UTC+8). **Important Notes:** - Users must subscribe BNB to the designated product between 2025-10-09 and 2025-10-11 to participate in the airdrop and hold at least 0.01 BNB. - YB trading will begin on 2025-10-15 at 11:00 (UTC), supporting multiple trading pairs. - Users from the following regions are not eligible to participate: the United States, the United Kingdom, Canada, and others.

[Analysis Suggests Trump May Discuss Reaching a Trade Agreement] According to Foresight News, The Kobeissi Letter pointed out that the Trump administration's strategy in trade negotiations over the past 10 months has shown certain patterns. It has now entered the ninth step, where members of the Trump administration may discuss reaching a trade agreement in the coming weeks. Analysts believe this strategy has repeatedly influenced market trends, and investors should pay attention to subsequent developments.

According to the popularity ranking, COAI's popular attention has decreased by 510000 compared to yesterday, ranking first. The popularity ranking is as follows: ① COAI （$7.66，-16.83%） ② BNB （$1207.84，-10.85%） ③ SNX （$2.00，-15.97%） ④ ETH （$4001.02，-3.59%） ⑤ SOL （$197.04，-0.07%） The main selling force of COAI funds is weak, with a net outflow of $6.8463 million in 24 hours and a transaction volume of $2.034 billion in 24 hours, of which the main net inflow is $3.304 million.

Despite the largest ETF outflow in weeks and a sharp bitcoin price drop, IBIT continues to attract capital.