BTC falls below the $104000 mark

Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 Last week, it was mentioned that the US government shutdown and BTC falling to the 100000 mark have perfectly arrived. Can we hold on to this banking storm? The recent Bank of America mine explosion has had multiple negative impacts on the financial market, as follows: • Bank stock crash: On October 16, 2025 local time, the S&P Regional Bank Select Industry Index plummeted 6.3%, and the KBW Nasdaq Bank Index fell 3.6%. Zions Bancorp's stock price plummeted by 13%, Western Alliance fell by 10.8%, and large bank stocks were not spared. Citigroup and Bank of America fell by over 3%, while Wells Fargo and JPMorgan Chase fell by over 2%. The US stock market was dragged down: The S&P 500 index rose in early trading, but after the exposure of suspected fraud by regional banks, all gains were reversed, and the three major indexes fell across the board. The overall decline of Chinese concept stocks, with several stocks such as Thunder and New Oriental falling more than 5%. Global markets were impacted: On October 17th, major stock markets in the Asia Pacific region almost fell across the board, with Japanese and Australian stock markets both falling nearly 1%. Several major stock indices in Hong Kong experienced even greater declines, with Hang Seng Technology falling over 2%, and the A-share market also falling across the board. Market risk aversion is heating up: Investors are concerned about credit quality and asset transparency, and the market is experiencing strong risk aversion. As a result, gold prices have risen in response. What will happen to the cryptocurrency market? Technical Analysis BTC was predicted to rebound after reaching 100000 last week, but quickly inserted into the market at 5am and quickly recovered after reaching 100000. There was no chance given, and currently, the strong pressure of 116000 cannot be further explored. Will it fall below 100000? Let's wait and see! ETH was predicted to reach around 4000 last week, and the weekly line fell directly to the mid track of around 3500. Currently, the mid track of the weekly line is still supported, and breaking the level will lead to the lower tracks of 2800 and 2200. So, how do we proceed next? Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. 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.

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[WTO Director-General: U.S.-China Decoupling Could Lead to a 7% Drop in Global GDP] The WTO Director-General has warned that if the U.S. and China economically decouple, global GDP could decrease by 7%. This move could have a significant impact on the global economy. (Watcher.Guru)

[European Central Bank President Lagarde: Liquidity Vulnerabilities Remain Elevated] European Central Bank President Lagarde stated that current market liquidity vulnerabilities remain at a high level and that related risks need to be continuously monitored. This statement highlights the potential pressures on the global financial system in a complex economic environment.

[Binance Announces Listing of LAB (LAB)] Binance has announced the addition of LAB (LAB) to multiple services, including futures contracts, officially launching on 2025-10-17 at 22:30 (UTC+8). Notes: - The new contract supports up to 50x leverage, with a funding rate cap of +2.00% / -2.00%, settled every 4 hours. - Futures Copy Trading will be supported within 24 hours of launch, along with participation in fee discount promotions. - Binance may adjust contract specifications, including funding rates and leverage, based on market risk conditions.