Member indicators show that the current price is below the EMA24 and EMA52 moving averages, and both moving averages have a downward slope, indicating strong downward momentum. At the same time, although KDJ is currently experiencing a golden cross, its trading volume is extremely shrinking, indicating that the market rebound lacks substantial buying support. The distribution of chips shows that the area between 3857 and 3929 is a strong resistance zone, and the current price is far away from this area, but caution should be taken against the risk of rebound depletion. The latest 1-hour cycle K-line shows a red three soldier pattern, with short-term rebound demand, but the dual suppression of EMA24 and EMA52 above makes it difficult to break through. If the price cannot effectively stabilize above 3300, it may test the low support of 3055 again. Open membership, accurately track the main trend, and seize the key points of rebound and pullback! The data is sourced from the PRO member's [ETH/USDT Binance USDT Perpetual 1-hour] K-line, for reference only, and does not constitute any investment advice.

Arthur Hayes, former CEO of BitMEX, said that the Federal Reserve may restart printing money to finance US debt, which may push up the price of Bitcoin. （Cointelegraph）

[Probability of Fed Rate Cut in December Reaches 69%] CME 'FedWatch' data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December 2025 is 69%, while the probability of maintaining the current rate level is 31%. Looking ahead to January next year, the probability of the Fed cumulatively cutting rates by 25 basis points is 55.1%, the probability of keeping rates unchanged is 19.7%, and the probability of cumulatively cutting rates by 50 basis points is 25.2%.

[Gemini Plans to Launch Prediction Market Contracts, Expanding into Emerging Fields] The cryptocurrency exchange Gemini Space Station Inc., founded by billionaires Tyler Winklevoss and Cameron Winklevoss, is preparing to enter the prediction market sector with plans to launch related contract products. Prediction markets are federally regulated financial instruments that allow users to bet on the outcomes of sports events, elections, and other occurrences. This move signifies Gemini's entry into this emerging field that has garnered significant attention from financial institutions.

The correction could have more room to run, with ETH potentially falling to as low as $2,700-$2,800, 10x Research's Markus Thielen warned.