Member indicators show that the 1-hour candlestick hit a low of 3710 and quickly rebounded, but prices are still suppressed by the EMA24/52 moving average, coupled with a shrinking trading volume to 44.10% of the average level, indicating a strong wait-and-see sentiment in the market. Although KDJ is currently experiencing a golden cross, RSI is still in the oversold area, and the rebound strength is questionable. The distribution of chips shows significant resistance in the 3976-3989 area, indicating weak buying power. If the price cannot break through the current EMA52 suppression, it may test the 3710 support again. Open a membership and stay ahead of the main trends! The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.

[Increased Risk of Manipulation for Low-Liquidity Altcoins] Low-liquidity altcoins are prone to manipulation, with whale trades and false hype often leading to price crashes. Tools like Nansen, DEXTools, and LunarCrush can help identify risks in advance. (Cointelegraph)

[Nasdaq Tokenized Securities to Initially Follow Traditional Settlement Cycles] Nasdaq CEO Adena Friedman stated that although tokenized securities trading has the potential to accelerate settlement, it will still follow traditional settlement cycles in the initial stages. Investors will have the option to settle through traditional methods or use digital wallet infrastructure for settlement. Nasdaq is currently collaborating with DTC and plans to offer digital securities trading services on only a few blockchains during the initial phase. Friedman emphasized that in the long term, tokenization is expected to enhance collateral liquidity and reduce systemic risk by shortening settlement cycles.

[Trump Cancels Meeting with Putin in Budapest] On October 22 local time, U.S. President Trump announced the cancellation of his meeting with Russian President Putin in Budapest, stating that the meeting is "inappropriate" at this time. Trump also expressed that sanctions would be imposed on Russia and hoped the duration of the sanctions would not be too long.

[EU Approves 19th Round of Sanctions Against Russia] On October 22, EU member states passed the 19th round of sanctions against Russia. Measures include banning the import of Russian liquefied natural gas, restricting travel for Russian diplomats, and adding 117 'shadow fleet' vessels to the sanctions list.