Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today, the overall cryptocurrency market rebounded, with a total market value of about 3.2 trillion US dollars and a 24-hour increase of over 3%. Bitcoin (BTC) rebounded strongly, returning to the $91000 mark (24 hours+4.2%), Ethereum (ETH) reached $3000 (+4%), and mainstream currencies such as BNB, SOL, and XRP all rose 3-4%. The fear of corruption index has rebounded to 22 (still in "extreme fear"), with significant inflows of institutional funds, but leveraged liquidation has exceeded $1 billion, and market sentiment is cautiously optimistic. 1. Bitcoin rebounded strongly: BTC rebounded 12% from last week's low, breaking through $91000, and whale addresses (holding 10-1000 BTC) continued to increase their holdings. On chain data shows that SpaceX transferred 1163 BTC (worth $105 million) to a new address, which may be an internal adjustment. Meanwhile, MicroStrategy continued to roll out long positions, with the position rising to $23.85 million. ETH rose to around $3050; Spot ETFs have seen net inflows for 5 consecutive days. 2. Signs of regulatory loosening in the United States: SEC's new guidelines may accelerate the approval of cryptocurrency ETFs; NASDAQ applies to raise the upper limit of BlackRock IBIT options holdings to 1 million shares. The Federal Reserve's Beige Book shows stable economic activity and intensified consumer differentiation, with expectations of a December rate cut rising to 81% (JPMorgan Chase reversal forecast: starting rate cuts in December). The overall expectation of a 34% interest rate cut has increased by 50% compared to the previous days. 3. Institutional increase in holdings and product innovation: BlackRock SIO Fund's holdings in IBIT increased to 2.39 million (quarterly+14%); Xapo Bank expands BTC credit fund and develops wealth management products. DWF Labs launches a $75 million DeFi fund focused on ETH/BNB/Solana/Base projects. The recent market performance has been on an upward trend, with major positive news competing to show off; The continuous net inflow of ETF funds and the expectation of interest rate cuts continue to rise; But still in a state of extreme fear, we cannot rule out the possibility of another bear flag form. Focus on the following support levels: ETH：2880 2900， Breaking the position means breaking the upward channel; BTC：88000 90000， Breaking the position means breaking the upward channel; Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Tencent Meeting: 6321551049 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.

[Bitwise BSOL Solana ETF Increased Holdings by 93,000 SOL Within 1 Hour] According to monitoring by Lookonchain, Bitwise BSOL Solana ETF increased its holdings by 93,167 SOL in the past hour, valued at $13.15 million.

A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide deleveraging.

**[MegaETH Co-Founder Reflects on Reasons for Terminating Pre-Deposit Activity]** MegaETH co-founder Brother Bing stated that the team was dissatisfied with the execution of the pre-deposit activity, which exposed issues with insufficient preparation for alternative plans. The original intention of the activity was to allow community users to exchange USDm in advance, enabling interaction with on-chain applications when the mainnet launched. However, due to poor execution and incorrect market predictions (such as not setting individual account limits), fundraising progressed too quickly. Although the $500 million raised placed MegaETH among the top five public chains in terms of revenue, the team believes that under current circumstances, these funds create ecological pressure. A healthy ecosystem should grow gradually. MegaETH has announced the termination of the $1 billion cap plan, will refund all funds, and plans to reopen the USDC-to-USDm exchange bridge before the launch of the Frontier mainnet.

Binance's Bitcoin and Ethereum exchange inflows have shown a structural increase, and analysis suggests that this is usually related to the capital rotation stage rather than the simple accumulation stage. Large traders transfer large amounts of funds to the exchange, providing more allocation space for the market. （CryptoQuant）