[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.

[Hyperliquid platform traders shift to long positions on ETH, BTC, SOL, and UNI, earning $23.7 million since October] According to on-chain data monitoring, the renowned trader '0x9263' on the Hyperliquid platform has closed short positions and shifted to long positions on ETH, BTC, SOL, and UNI. Since October 1, 2025, the trader has completed 20 transactions, all of which were profitable, with total earnings of $23.7 million. This performance highlights their precise trading ability amid market fluctuations.