[Data: Bitcoin Open Interest Remains Sluggish] Glassnode stated that after the deleveraging wave in October, Bitcoin futures open interest has remained sluggish, with few signs of new speculative positions accumulating. Derivatives market activity has significantly declined, reflecting overall market sentiment remaining subdued.

[Analyst Says BTC Investor Confidence Index Enters Low Red Zone] On November 11, on-chain data analyst Murphy stated that the investor confidence index launched by Glassnode has entered the low red signal zone, indicating that market sentiment has once again dropped from its peak to a trough. It has been seven months since this signal last disappeared. Murphy pointed out that in the past two years, after the index entered the red zone, it typically took 1 to 2.5 months to weaken before turning strong. Since August 29, when the indicator shifted from the green optimistic zone to the yellow hesitation zone, it has remained in the yellow zone for an extended period, setting a record. After the first appearance of the red signal, it usually does not reverse back to the green confidence zone in the short term.

CVERC claims the hack was conducted by a "state-level hacking organization" and suggests the U.S. seizure was part of a larger operation involving the same attackers.

[Willy Woo: Bitcoin Taproot Addresses May Struggle Against Large Quantum Computer Attacks] Willy Woo tweeted that the era of large quantum computers may threaten the security of Bitcoin Taproot addresses. Currently, Taproot addresses start with 'bc1p' and embed the public key into the address, making it easier for quantum computers to deduce the private key. In contrast, the old format is more secure by hiding the public key behind a hash value.

According to the heat ranking, ZEC's popularity has increased by 120000 followers compared to yesterday, ranking first. The heat ranking is as follows: ① ZEC （$485.63，-26.89%） ② UNI （$8.34，22.11%） ③ AIA （$2.29，-44.82%） ④ FIL （$2.36，-10.27%） ⑤ ETH （$3578.02，-0.79%） The main selling force of ZEC funds is weak, with a net outflow of $8.0757 million in 24 hours and a transaction volume of $9.82 billion in 24 hours, of which the main net outflow is $60.6973 million.