Solana ETF: Capital inflows exceed $400 million, SOL falls below key support level

Click on the link to enter the live broadcast room: https://meeting.tencent.com/dm/6Vv1PiDbfwTY Yesterday, the US Senate failed to pass the federal government's temporary funding bill again, which means that this time the US government shutdown will break historical records. As a result, the US stock market began to accelerate its decline, evaporating $730 billion in just one day. The Japanese and South Korean stock markets also followed suit, and Bitcoin fell below the $100000 mark. Focus on resistance near 3350, 1-hour resistance, and the 3350-3410 range in daily domestic demand; If it can effectively break through, it is expected to stop the decline, Then further attack the target position near 3558. To truly stabilize and rebound, it is still necessary to observe whether the price can successfully break through Key downward trend line, while achieving a reversal pattern with more idling. ——Intraday support: 3450-3380/3350 ——Short resistance (30 minutes): 3560-35803640-3660 Every Tuesday evening at 8 pm, Wednesday afternoon at 4 pm, and Friday evening at 8 pm, the meeting number remains the same. Save the meeting number and enter the live broadcast room on time to make orders together, and accompany the live broadcast. Join the Jujin Community Exchange Group to receive more services 1. Real time troubleshooting (online 1-on-1 question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live courses, contract termination, real-time order making, help you successfully land 5. Aggregation group gathers strategies from major bloggers 6. Real Trading K Short term Tool Helps Short term Trading The market is constantly changing, with opportunities and risks coexisting. We hope everyone operates cautiously and invests rationally! Thank you all for your attention! Meeting number: 389-5442-3424 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.

[U.S. Supreme Court Hears Tariff Case, Potentially Impacting Trump's Economic Powers] On November 5, the U.S. Supreme Court will hear the case 'Learning Resources Inc. v. Trump,' to determine whether the president has the authority to impose tariffs under the International Emergency Economic Powers Act. The case involves hundreds of billions of dollars in trade and debt and has been called 'the most influential economic lawsuit in nearly a century in the United States.' Experts predict sharply divided outcomes, and if the ruling is unfavorable, the White House may need to refund collected tariffs and potentially redefine the boundaries of presidential authority over economic and trade policies. Bitunix analysts point out that the short-term support level for BTC is at $101,400, and if it breaks below, it may test the liquidation zone at $98,000. Resistance on the upside is concentrated in the $115,000–$117,000 range. If the ruling triggers fluctuations in the U.S. dollar, crypto assets may become a safe-haven choice, but volatility could rise in tandem.

[Silo DAO to Take Legal Action Against Stream Finance to Recover Unpaid Loans and Redemption Funds] Decentralized lending protocol Silo DAO is preparing to take legal action against Stream Finance to recover unpaid loans and redemption funds for xUSD and xBTC. This incident has resulted in some lenders being unable to retrieve their funds. Silo DAO stated that this action aims to recover the funds while setting a precedent for protecting lenders' rights in the DeFi space. Subsequent plans include collecting lender information and balances, coordinating legal counsel, transparently sharing legal costs, and seeking to maximize repayment and proportionally distribute funds. Silo DAO emphasized that while smart contracts are the core safeguard, legal measures are a necessary supplement. Previous analyses have pointed out that Stream Finance's $93 million loss could trigger over $285 million in risk exposure.

[ADP 'Small Nonfarm' Data to Be Released Tonight, May Become an Important Reference for the U.S. Job Market] Due to the U.S. government shutdown, the official nonfarm payroll data has failed to be released on time for the second consecutive month, making the ADP 'Small Nonfarm' data a key reference indicator for the market. The latest data is expected to be released today (November 5) at 21:15 (UTC+8). The market predicts that U.S. private sector employment in October will increase by 28,000 jobs, rebounding from last month's decline of 32,000 jobs. Although ADP data may exhibit significant fluctuations due to benchmark adjustments, other recent employment indicators suggest that the U.S. labor market remains resilient. However, economists warn that there are significant differences between ADP data and official nonfarm payroll data, and it should not be given excessive weight. Additionally, caution is advised regarding potential market volatility it may trigger.

Binance BNB/USDT is currently trading at $949.75, with a 5-minute increase of 0.06%. Please pay attention to market fluctuations.