Bitget BTC/USDT perpetual main force has bought 1.08 million US dollars at the price of $62300, and has currently traded 6.73 million US dollars. Please closely monitor the market changes and the latest trends of the main force. Data for reference only
Click on the link to enter 24-hour live streaming: https://meeting.tencent.com/p/7183722639 Market analysis: The cryptocurrency market has undergone a sudden change in recent times, and Bitcoin, which had been soaring all the way, has failed to hold the important level of 100000. Currently, it is fiercely competing for the key support level of 106000 US dollars, and the bearish signal on the 4-hour candlestick chart continues to be released, spreading pessimistic sentiment in the market. What is more noteworthy is that the inflow of funds into US institutions has significantly slowed down, which undoubtedly adds another layer of pressure to Bitcoin, which is already under pressure. As another core asset in the market, Ethereum has also weakened in tandem with the overall market, and the support level of $3700 is facing a severe test. Many investors are beginning to worry about its future trend. But there may be a hidden turning point - the current Ethereum short position is rapidly increasing, and under this extreme position structure, once there is a positive stimulus, it is highly likely to trigger a short selling market and stimulate a strong rebound. The collective correction of the cryptocurrency market this time cannot be separated from two key drivers: the hawkish remarks of Federal Reserve officials have strengthened expectations of interest rate hikes, triggering a safe haven withdrawal of funds; Meanwhile, the concentrated clearing caused by high leverage trading in the market further amplifies price fluctuations. At present, the long short game has entered a white hot stage. How should investors seize potential opportunities? Ant [AT] Club! services provided 1 📢 24-hour live classes+15 senior analysts 2 👨🏫 Free choice to switch between communities and teachers, accurate daily strategy of 5-20 orders, can be changed at any time if not satisfied 3 💸 Zero fees for the entire process, high commission of 70% 4. Trading Department | Solve your trading questions such as order placement and various trading issues 5 📈 Real time trading course | Keeping up with market pace, hands-on practical teaching 6 💡 Deep market analysis | Insight into trend changes, grasp key signals 7 🎯 Efficient trading strategy | System learning system to improve investment success rate 24-hour Tencent Meeting ID: 7183722639 DingTalk Group Number: 137760007688 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[ASTER briefly surged over 6%, market capitalization reached $1.935 billion] On October 31, ASTER briefly surged over 6%, with its market capitalization rising to $1.935 billion. The market reaction may be related to the news that 'Aster will destroy 50% of the tokens in the buyback address.'
[South Korean Listed Company Bitplanet Increases Holdings by 9 Bitcoins] South Korean listed company Bitplanet (049470.KQ) has increased its holdings by 9 Bitcoins, bringing its total holdings to 128.67 Bitcoins.
[Bank of America: $600 Million Crypto Inflows in One Week] Bank of America, citing EPFR data, stated that as of Wednesday, there were $17.2 billion in equity inflows, $17 billion in bond inflows, $36.5 billion in cash inflows, and $600 million in cryptocurrency inflows over the past week.
[IQ and FRAX Launch KRWQ, a Korean Won-Pegged Stablecoin] Web3 infrastructure company IQ has partnered with FRAX to launch KRWQ, a stablecoin pegged to the Korean won, compliant with South Korea's stablecoin regulatory requirements. It is primarily intended for payments and liquidity management in DeFi and is not marketed or sold to individual investors within South Korea. KRWQ is now available for trading on Base, Coinbase's Ethereum Layer 2 network. Aerodrome will open the KRWQ-USDC trading pair and establish a liquidity pool. BrainDAO, which manages approximately $40 million in assets, plans to gradually expand liquidity supply based on market demand. LayerZero will support KRWQ cross-chain transfers and provide integrated liquidity.