SEC Officially Approves 3x Leveraged Bitcoin and Ethereum ETPs!
🚨 Major news! The SEC has officially approved 3x leveraged Bitcoin and Ethereum ETPs! Wall Street’s ultimate “bomb” has landed—how should everyday people respond? Many retail investors thought that the earlier spot ETFs were the end point of being legalized. But the signal the SEC released today completely overturns the boundary between traditional finance and the crypto market—directly approving the listing of 3x Leveraged BTC and ETH ETPs (exchange-traded products)! This is no longer just small-scale. This is the first time the U.S. regulator has put a high-leverage engine on crypto assets on a legitimate securities exchange (Nasdaq/NYSE).
Crypto people: get rid of these six obsessions, and you’ll surely make big money
Many people in the crypto world fail because they keep spinning at the bottom for the long term, never managing to turn their lives around—sometimes even becoming timid and submissive under social conditioning. The root cause is never a lack of ability, but that your mind is filled with all kinds of toxic obsessions. These obsessions slowly erode your cognition, thinking, mindset, prospects, and future day after day. They make you increasingly dull, increasingly worn down from overthinking, increasingly lose your drive to act—until you can only stay trapped at the bottom, struggling again and again. Today I’ll break down for everyone the six most covert, most harmful, and hardest-to-detect toxic obsessions. Just quit one of them, and your life’s worries will be cut in half directly.
Højlund, people will always remember this moment.🇩🇰❤️ Although the Portugal team beat the Denmark team 4-2, Højlund’s celebration carried a deeper meaning. When he scored against Portugal, he made his signature “SIUUUU” celebration—exactly like the one he did in 2025. Back then, he explained that it wasn’t mockery, but a tribute to the superstar who inspired him to grow. Later, after scoring in the second-leg match, Cristiano Ronaldo returned the same celebration. However, last night felt completely different. After Ronaldo left the Portugal national team following a clash with Jorge Jesus, Højlund realized that this idol’s national team career might be nearing its end. After scoring, he looked toward the stands and made the “SIUUUU” gesture, as if declaring: “This is the legacy of Cristiano Ronaldo.” Then, when the final whistle blew, he refused to shake hands with Jorge Jesus and, looking visibly displeased, pushed him in the chest. After the match, Højlund said: “It’s just to pay tribute to that man—especially after what happened—someone whose national team career might be over. He is my great idol.” This is not just a celebration. It’s a young player standing up against the injustice and disrespect suffered by his idol, while also showing respect to the one who inspired him. What else can be said? Only thanks. Thank you, Højlund. 🇩🇰❤️ Continue 20k! #1688家族family #prediction...
Short-term bias: bullish. Prices are rising alongside a rebound in open interest. Funding rates have risen to around 10% annualized, indicating that new leveraged long positions are covering from lower levels and supporting the market. However, the rate has only returned to the normal benchmark range rather than reaching extreme crowding levels, so this alone cannot be used to conclude that prices will definitely keep rising. During pullbacks, long liquidations are also likely to be triggered.
🙈 After $BTC surged to 87,000 USD last night and then dropped again, those who chased the price are probably feeling a bit uncomfortable.
News can push the price up, but whether it can hold depends on the follow-through from incoming buy orders.
I’ll watch when it comes close to 87k again to see if it can break through and then hold after a pullback; if it keeps making higher pushes only to be pressured back down, then I’ll lower expectations for the continuation of the uptrend.
Also don’t ignore volatility when chasing options/contracts over the weekend—if you’re right about the direction but your position is too heavy, you can still get swept out~
🇨🇳 Oct 2|Crypto Market Brief $BNB 📈 BTC reclaims $86K, the second day of Q4 continues to rebound
BTC is currently around $86.3K, briefly nearing $86.9K during the day; ETH is around $2.76K, SOL around $122.
Overall, the market has warmed up. Since the beginning of October, BTC has risen by about 3%. However, Treasury yields are still high, the dollar is strengthening, and macro pressure has not disappeared.
🔥 ETF inflows return as the core support
In September, the US spot BTC ETF recorded net inflows of about $2.65B, the second-strongest monthly performance since October 2025; ETH spot ETFs saw net inflows of about $832M in the same period.
On Oct 1, BTC ETFs again logged around $102.7M in net inflows, with the funds mainly flowing to BlackRock’s IBIT.
🏦 SEC: New framework for institutional crypto custody
The market is continuing to digest the SEC’s Crypto Custody proposal released yesterday.
Under the new scheme, qualified investment advisers and regulated funds may, under certain circumstances, self-custody crypto assets, and state-level trust companies may also be used as custodians.
However, note that this is still a Proposal—not the final rules. After the formal release, there will be a 60-day public comment period.
💰 Citi raises its BTC target to $113K
Citi raised its 12-month BTC target from $82K to $113K, and its ETH target from $2,240 to $3,028.
The report attributes the forecast adjustments mainly to ETF capital returning, higher activity in the crypto market, and an improving macro environment.
This is an institutional view, not a price guarantee.
⚡ The real test today: US Non-Farm Payrolls
US September NFP employment data will be released today.
The market previously expected an increase of about 90K jobs, with the unemployment rate staying at 4.1%. The employment report will directly affect how the market assesses the Fed’s interest-rate path for October.
Meanwhile, Core Lightning reminds users running older versions of nodes to upgrade as soon as possible—unupdated nodes are increasingly becoming targets of attacks.
📊 Market Snapshot
BTC ≈ $86.3K ETH ≈ $2.76K SOL ≈ $122 XRP ≈ $1.53 BTC Dominance ≈ 57% Fear & Greed ≈ 72 Market Cap ≈ $2.99T
🎯 On Day 2 of Q4, the market’s logic is changing:
ETF inflows are back in, the institutional regulatory framework continues to move forward, BTC has reclaimed $86K,
But what will truly determine today’s行情 is still US employment data.
If Non-Farm Payrolls give the market more room for rate cuts, $87K will become the key level again.
Go out and play during the holidays—main theme: happy, carefree, and soaring freely $SOL . But at 13:30, Tangbao will be waiting for you in the livestream room on time, okay?