BTC falls below the $107000 mark

[Kraken Investigating Platform Access Issues, Possibly Caused by Traffic Surge] Cryptocurrency exchange Kraken stated that it is investigating issues reported by users regarding the inability to access the platform via the website, API, and mobile application. Preliminary analysis indicates that the problem may be related to a surge in traffic. The company is actively working to restore normal services.

[HLP Vault Generates Over $41 Million in 24 Hours] According to BlockBeats, on October 11, HLP Vault took over a large number of liquidation positions during a period of intense market volatility, generating over $41 million in profits within 24 hours. Over the past month, the vault's return rate has surged to an annualized percentage rate (APR) of 188%.

According to the 2-hour cycle display, the current price of ETH is below the EMA24 and EMA52 moving averages, and the moving averages are bearish, indicating strong downward momentum. Membership indicators show a 415% surge in trading volume, but prices continue to decline, indicating panic selling by major funds. At the same time, the appearance of black three soldiers in the K-line pattern further strengthens the bearish signal. The chip distribution shows that the key resistance level is in the range of $4477- $4530, and the current price is far away from this area, lacking effective support. Combined with the continuous reduction of MACD bar chart, the downward trend has not shown any attenuation. Suggest paying attention to whether the low point around $3830 can form short-term support. Open membership immediately, get real-time funding flow and accurate support resistance analysis, seize the opportunity! The data is sourced from the PRO member's [ETH/USDT Binance 2-hour] K-line, for reference only, and does not constitute any investment advice.

[Binance Platform USDT Over-the-Counter Price Rises to 7.45 Yuan] On October 11, influenced by recent market fluctuations, the Binance platform's USDT over-the-counter price rose to 7.45 yuan, with a selling price of 7.21 yuan. Currently, the USD to RMB exchange rate is 1:7.11.

[Coinbase Warns Some Users of Potential Transaction Delays] Coinbase stated that some users may experience delays or performance issues during transactions, and the situation is currently under investigation.