[Analyst Says Market Shifts to Risk-Off Mode, Focus on Fed Minutes and Nvidia Earnings] Cryptoquant analyst Axel stated that the current stock market is rising in sync with volatility in interest rates and credit markets, signaling a comprehensive shift to risk-off mode. Funds and institutional investors are beginning to reduce portfolio risk exposure. Gold prices have fallen for four consecutive trading days, currently retreating to the $4,033 level, as investors focus on several delayed U.S. economic data releases this week. The Federal Reserve meeting minutes, set to be released at 3 a.m. Thursday (UTC+8), may provide guidance on the interest rate path. Nvidia will release its Q3 earnings report at 5 a.m. Thursday (UTC+8). As a core indicator in the AI sector, its performance has triggered market nervousness.

[Circle minted approximately 2.25 billion USDC on the Solana blockchain over the past 7 days] According to SolanaFloor data, Circle minted approximately 2.25 billion USDC on the Solana blockchain over the past 7 days, bringing the total USDC minted on the Solana chain in 2025 to $41.75 billion.

Through Lightning Network, 4 million merchants will soon be able to accept Bitcoin payments, providing instant settlement and fee free services until 2027. （Cointelegraph）

[Wallets Related to LIBRA Scandal Exchange 60 Million USDC for SOL] Blockchain analysis platform Bubblemaps monitoring shows that two wallets associated with the LIBRA scandal, supported by Argentine President Milei, exchanged 60 million USDC for SOL after 9 months of inactivity.

[Yi Lihua Suggests Building Positions in Ethereum Spot Price Range of $3000-$3300] Liquid Capital founder Yi Lihua posted on the X platform, stating that he began building positions in Ethereum earlier this year when the price was around $1800. Subsequently, the price dropped to $1350, and he recommended building positions at the $1450 level. Later, he closed his positions near $4500, even though the price later rose to $4700. He emphasized that no one can precisely capture the lowest or highest points. This time, he suggests building positions in the spot price range of $3000-$3300 and advises against trading contracts due to the current uncertain market conditions. He mentioned recent developments such as Japan's interest rate hike, the U.S. interest rate cut, the AI bubble, and the impact of the U.S. economy on U.S. stocks, which caused ETH to briefly drop below $3000. He stressed that the volatility in the spot market is already significant enough, and non-professional investors should avoid participating in contract trading.