天运众智
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天运众智
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币安广场的创作者 X:@zhngzh307139759币安ID:765067523 聊天室
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#比特币Core发现三个漏洞 Vulnerability Overview
All three disclosed vulnerabilities are denial-of-service (DoS) issues, with no risk of unauthorized minting, inflation, or direct coin theft. All were fixed in version 25.0 and affect only older versions of Bitcoin Core that are no longer maintained (before 25.0).
1. CVE-2024-35202: Remote crash via compact blocks. An attacker can send a specially crafted compact block message to crash a node, affecting the security of Lightning Network channels.
2. CVE-2024-52911: Use-after-free vulnerability in the script interpreter. High risk: an attacker can package a PoW block to trigger a node crash, with a very small possibility of remote code execution.
3. CVE-2025-54605: Invalid-block log disk-filling vulnerability. Repeatedly sending abnormal blocks can fill a node's disk.
Market Outlook
Bearish factors: The news could easily trigger short-term panic selling. Combined with hawkish FOMC expectations, it may amplify BTC's downside volatility.
Supportive factors: This is not a fatal consensus-layer vulnerability. It was fixed long ago in newer client versions and will not undermine Bitcoin's underlying issuance rules. It is an old vulnerability disclosed belatedly and poses no substantive threat to the network.
Key BTC Price Levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This is sentiment-driven negative news and could be quickly priced in. If 79666 holds as the low, the market is likely to return to the main narrative of rate-hike expectations after the panic subsides.
#比特币Core发现三个漏洞 Vulnerability Overview
All three disclosed vulnerabilities are denial-of-service (DoS) issues, with no risk of unauthorized minting, inflation, or direct coin theft. All were fixed in version 25.0 and affect only older versions of Bitcoin Core that are no longer maintained (before 25.0).
1. CVE-2024-35202: Remote crash via compact blocks. An attacker can send a specially crafted compact block message to crash a node, affecting the security of Lightning Network channels.
2. CVE-2024-52911: Use-after-free vulnerability in the script interpreter. High risk: an attacker can package a PoW block to trigger a node crash, with a very small possibility of remote code execution.
3. CVE-2025-54605: Invalid-block log disk-filling vulnerability. Repeatedly sending abnormal blocks can fill a node's disk.
Market Outlook
Bearish factors: The news could easily trigger short-term panic selling. Combined with hawkish FOMC expectations, it may amplify BTC's downside volatility.
Supportive factors: This is not a fatal consensus-layer vulnerability. It was fixed long ago in newer client versions and will not undermine Bitcoin's underlying issuance rules. It is an old vulnerability disclosed belatedly and poses no substantive threat to the network.
Key BTC Price Levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This is sentiment-driven negative news and could be quickly priced in. If 79666 holds as the low, the market is likely to return to the main narrative of rate-hike expectations after the panic subsides.
All three disclosed vulnerabilities are denial-of-service (DoS) issues, with no risk of unauthorized minting, inflation, or direct coin theft. All were fixed in version 25.0 and affect only older versions of Bitcoin Core that are no longer maintained (before 25.0).
1. CVE-2024-35202: Remote crash via compact blocks. An attacker can send a specially crafted compact block message to crash a node, affecting the security of Lightning Network channels.
2. CVE-2024-52911: Use-after-free vulnerability in the script interpreter. High risk: an attacker can package a PoW block to trigger a node crash, with a very small possibility of remote code execution.
3. CVE-2025-54605: Invalid-block log disk-filling vulnerability. Repeatedly sending abnormal blocks can fill a node's disk.
Market Outlook
Bearish factors: The news could easily trigger short-term panic selling. Combined with hawkish FOMC expectations, it may amplify BTC's downside volatility.
Supportive factors: This is not a fatal consensus-layer vulnerability. It was fixed long ago in newer client versions and will not undermine Bitcoin's underlying issuance rules. It is an old vulnerability disclosed belatedly and poses no substantive threat to the network.
Key BTC Price Levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This is sentiment-driven negative news and could be quickly priced in. If 79666 holds as the low, the market is likely to return to the main narrative of rate-hike expectations after the panic subsides.
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#BNB’s 37th Auto-Burn Removes $1.197 Billion, Boosting Bullish Sentiment$BNB
{future}(BNBUSDT)
BNB’s 37th quarterly auto-burn is complete, removing 1,646,196.44 BNB, worth approximately $1.197 billion at the time of the burn. After the burn, total supply fell to 131.5121 million, leaving 31.51 million to go before reaching the long-term target of 100 million. The burn transaction is verifiable on-chain; the tokens were permanently destroyed at an on-chain burn address, not bought back on the secondary market.
Market Outlook
Bullish: The deflationary narrative is strengthening, with the amount burned rising for three consecutive quarters. Combined with CZ’s “AI-native currency” comments, this supports sentiment around the BNB ecosystem and is a bullish fundamental signal;
Bearish: The auto-burn amount is calculated automatically using on-chain fees and a block-production formula—it is not active buying to support the price. With macro interest rates and geopolitical oil prices weighing on the market, this positive news is unlikely to reverse the broader trend on its own and is more likely to drive brief, localized rallies.
Key BNB Price Levels
Support: 700; strong support: 690
Resistance: 750; above that: 775
#BNB’s 37th Auto-Burn Removes $1.197 Billion, Boosting Bullish Sentiment$BNB
BNB’s 37th quarterly auto-burn is complete, removing 1,646,196.44 BNB, worth approximately $1.197 billion at the time of the burn. After the burn, total supply fell to 131.5121 million, leaving 31.51 million to go before reaching the long-term target of 100 million. The burn transaction is verifiable on-chain; the tokens were permanently destroyed at an on-chain burn address, not bought back on the secondary market.
Market Outlook
Bullish: The deflationary narrative is strengthening, with the amount burned rising for three consecutive quarters. Combined with CZ’s “AI-native currency” comments, this supports sentiment around the BNB ecosystem and is a bullish fundamental signal;
Bearish: The auto-burn amount is calculated automatically using on-chain fees and a block-production formula—it is not active buying to support the price. With macro interest rates and geopolitical oil prices weighing on the market, this positive news is unlikely to reverse the broader trend on its own and is more likely to drive brief, localized rallies.
Key BNB Price Levels
Support: 700; strong support: 690
Resistance: 750; above that: 775
BNB’s 37th quarterly auto-burn is complete, removing 1,646,196.44 BNB, worth approximately $1.197 billion at the time of the burn. After the burn, total supply fell to 131.5121 million, leaving 31.51 million to go before reaching the long-term target of 100 million. The burn transaction is verifiable on-chain; the tokens were permanently destroyed at an on-chain burn address, not bought back on the secondary market.
Market Outlook
Bullish: The deflationary narrative is strengthening, with the amount burned rising for three consecutive quarters. Combined with CZ’s “AI-native currency” comments, this supports sentiment around the BNB ecosystem and is a bullish fundamental signal;
Bearish: The auto-burn amount is calculated automatically using on-chain fees and a block-production formula—it is not active buying to support the price. With macro interest rates and geopolitical oil prices weighing on the market, this positive news is unlikely to reverse the broader trend on its own and is more likely to drive brief, localized rallies.
Key BNB Price Levels
Support: 700; strong support: 690
Resistance: 750; above that: 775
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#币安安全更新 Security Update Highlights
1. Attack review
The breach originated with the compromise of a DevOps operations engineer’s laptop. The attacker gained access and took control of service containers. Wallet private keys were not leaked. The core exploit used Ethereum’s EIP-7702 delegated authorization mechanism to grant bulk authorizations to Binance’s 14 hot wallets, rapidly sweeping assets across multiple currencies and 10 public blockchains. The estimated impact is $6.34 billion.
2. Asset recovery progress
Working with stablecoin issuers such as Tether and Circle, public blockchain security teams, and on-chain intelligence firms, approximately $3 billion in stolen assets has been frozen. The remaining approximately $3.34 billion in assets is being actively tracked, while law enforcement agencies are also being engaged to trace the attacker’s addresses.
3. Compensation funding arrangements
Sufficient funds have been set aside to cover compensation, totaling $6.34 billion. Of this, $5 billion is in the corresponding target tokens. Any shortfall will be covered by acquiring the matching tokens through OTC and market purchases. Compensation will be funded by the SAFU user protection fund and Binance’s own funds. The platform will fully cover users’ principal.
4. Platform risk-control measures
- Deposits and withdrawals across the platform have been suspended and will remain unavailable until the security review is complete;
- All EIP-7702 delegated authorizations for affected addresses have been revoked;
- Binance Alpha has been temporarily shut down;
- A full technical incident review and an updated Proof of Reserves (PoR) will be published later.
5. Additional clarification
The BNB Chain mainnet and the cross-chain bridge itself were not compromised. Native on-chain assets are not affected by this attack.
Market outlook
Bearish: The suspension of withdrawals is causing liquidity concerns and damaging trust in the industry, putting short-term pressure on BNB and the broader market. Panic can easily trigger concentrated short-term selling.
Bullish: The commitment to make users whole in full has been put into effect, preventing losses to users’ principal from triggering a panic-driven sell-off. Nearly half of the assets have been frozen, and the prospect of recovery is helping contain pessimism, making the panic more likely to be short-lived.
Key price levels
BNB: Support 710, resistance 765
BTC: Support 76444, resistance 78220
Outlook: The key factors anchoring the market are when deposits and withdrawals resume and when the Proof of Reserves is published. As long as the compensation commitment is fulfilled, panic should gradually subside and the market should return to its previous macro-driven trend, with BNB likely to show greater volatility.
#币安安全更新 Security Update Highlights
1. Attack review
The breach originated with the compromise of a DevOps operations engineer’s laptop. The attacker gained access and took control of service containers. Wallet private keys were not leaked. The core exploit used Ethereum’s EIP-7702 delegated authorization mechanism to grant bulk authorizations to Binance’s 14 hot wallets, rapidly sweeping assets across multiple currencies and 10 public blockchains. The estimated impact is $6.34 billion.
2. Asset recovery progress
Working with stablecoin issuers such as Tether and Circle, public blockchain security teams, and on-chain intelligence firms, approximately $3 billion in stolen assets has been frozen. The remaining approximately $3.34 billion in assets is being actively tracked, while law enforcement agencies are also being engaged to trace the attacker’s addresses.
3. Compensation funding arrangements
Sufficient funds have been set aside to cover compensation, totaling $6.34 billion. Of this, $5 billion is in the corresponding target tokens. Any shortfall will be covered by acquiring the matching tokens through OTC and market purchases. Compensation will be funded by the SAFU user protection fund and Binance’s own funds. The platform will fully cover users’ principal.
4. Platform risk-control measures
- Deposits and withdrawals across the platform have been suspended and will remain unavailable until the security review is complete;
- All EIP-7702 delegated authorizations for affected addresses have been revoked;
- Binance Alpha has been temporarily shut down;
- A full technical incident review and an updated Proof of Reserves (PoR) will be published later.
5. Additional clarification
The BNB Chain mainnet and the cross-chain bridge itself were not compromised. Native on-chain assets are not affected by this attack.
Market outlook
Bearish: The suspension of withdrawals is causing liquidity concerns and damaging trust in the industry, putting short-term pressure on BNB and the broader market. Panic can easily trigger concentrated short-term selling.
Bullish: The commitment to make users whole in full has been put into effect, preventing losses to users’ principal from triggering a panic-driven sell-off. Nearly half of the assets have been frozen, and the prospect of recovery is helping contain pessimism, making the panic more likely to be short-lived.
Key price levels
BNB: Support 710, resistance 765
BTC: Support 76444, resistance 78220
Outlook: The key factors anchoring the market are when deposits and withdrawals resume and when the Proof of Reserves is published. As long as the compensation commitment is fulfilled, panic should gradually subside and the market should return to its previous macro-driven trend, with BNB likely to show greater volatility.
1. Attack review
The breach originated with the compromise of a DevOps operations engineer’s laptop. The attacker gained access and took control of service containers. Wallet private keys were not leaked. The core exploit used Ethereum’s EIP-7702 delegated authorization mechanism to grant bulk authorizations to Binance’s 14 hot wallets, rapidly sweeping assets across multiple currencies and 10 public blockchains. The estimated impact is $6.34 billion.
2. Asset recovery progress
Working with stablecoin issuers such as Tether and Circle, public blockchain security teams, and on-chain intelligence firms, approximately $3 billion in stolen assets has been frozen. The remaining approximately $3.34 billion in assets is being actively tracked, while law enforcement agencies are also being engaged to trace the attacker’s addresses.
3. Compensation funding arrangements
Sufficient funds have been set aside to cover compensation, totaling $6.34 billion. Of this, $5 billion is in the corresponding target tokens. Any shortfall will be covered by acquiring the matching tokens through OTC and market purchases. Compensation will be funded by the SAFU user protection fund and Binance’s own funds. The platform will fully cover users’ principal.
4. Platform risk-control measures
- Deposits and withdrawals across the platform have been suspended and will remain unavailable until the security review is complete;
- All EIP-7702 delegated authorizations for affected addresses have been revoked;
- Binance Alpha has been temporarily shut down;
- A full technical incident review and an updated Proof of Reserves (PoR) will be published later.
5. Additional clarification
The BNB Chain mainnet and the cross-chain bridge itself were not compromised. Native on-chain assets are not affected by this attack.
Market outlook
Bearish: The suspension of withdrawals is causing liquidity concerns and damaging trust in the industry, putting short-term pressure on BNB and the broader market. Panic can easily trigger concentrated short-term selling.
Bullish: The commitment to make users whole in full has been put into effect, preventing losses to users’ principal from triggering a panic-driven sell-off. Nearly half of the assets have been frozen, and the prospect of recovery is helping contain pessimism, making the panic more likely to be short-lived.
Key price levels
BNB: Support 710, resistance 765
BTC: Support 76444, resistance 78220
Outlook: The key factors anchoring the market are when deposits and withdrawals resume and when the Proof of Reserves is published. As long as the compensation commitment is fulfilled, panic should gradually subside and the market should return to its previous macro-driven trend, with BNB likely to show greater volatility.
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#币安承诺提供63点4亿美元的全额用户赔偿
Binance announced on October 30 that the security incident affected assets worth approximately $6.34 billion. It committed to fully compensating users for their losses using the SAFU user protection fund and its own funds. Of the funds set aside, $5 billion is in the corresponding tokens, while the remainder will be matched with the relevant assets through OTC and market purchases. The exchange is currently working with stablecoin issuers and public blockchain teams to freeze approximately $3 billion in assets linked to the incident. The remaining approximately $3.34 billion in assets is still being traced and pursued.
Attack vector: An operations engineer’s laptop was compromised, allowing the attacker to take control of a service container and initiate unauthorized withdrawals. Wallet private keys were not leaked. The attacker used the EIP-7702 delegation mechanism to transfer the funds across 10 public blockchains, making this the largest crypto theft in history. The platform has temporarily suspended deposits and withdrawals. These services will resume after the security review is complete, and updated proof of reserves and a technical postmortem will be published.
Market outlook
Bearish factors: The incident undermines trust in the industry, weighing on overall risk appetite in the short term and putting pressure on BNB. The suspension of withdrawals has triggered liquidity fears, prompting investors to move funds to safer assets.
Bullish factors: The clear commitment to full compensation eases concerns about users losing their principal and helps prevent panic selling. Nearly half of the assets have already been frozen, while the prospect of recovering the rest is tempering pessimism.
Key levels
BNB: Support at 732, strong support at 710; resistance at 765 and 788
BTC: Support at 77578, strong support at 76444; resistance at 78220 and 79354
Outlook: The incident is a short-term sentiment shock. The key factors to watch are the timeline for restoring deposits and withdrawals and progress in recovering the assets. As long as the compensation commitment is fulfilled, the panic should prove transient, and the broader market should return to its previous macro-driven trend. BNB has greater price sensitivity, so its volatility is likely to be significantly higher than BTC’s.
#币安承诺提供63点4亿美元的全额用户赔偿
Binance announced on October 30 that the security incident affected assets worth approximately $6.34 billion. It committed to fully compensating users for their losses using the SAFU user protection fund and its own funds. Of the funds set aside, $5 billion is in the corresponding tokens, while the remainder will be matched with the relevant assets through OTC and market purchases. The exchange is currently working with stablecoin issuers and public blockchain teams to freeze approximately $3 billion in assets linked to the incident. The remaining approximately $3.34 billion in assets is still being traced and pursued.
Attack vector: An operations engineer’s laptop was compromised, allowing the attacker to take control of a service container and initiate unauthorized withdrawals. Wallet private keys were not leaked. The attacker used the EIP-7702 delegation mechanism to transfer the funds across 10 public blockchains, making this the largest crypto theft in history. The platform has temporarily suspended deposits and withdrawals. These services will resume after the security review is complete, and updated proof of reserves and a technical postmortem will be published.
Market outlook
Bearish factors: The incident undermines trust in the industry, weighing on overall risk appetite in the short term and putting pressure on BNB. The suspension of withdrawals has triggered liquidity fears, prompting investors to move funds to safer assets.
Bullish factors: The clear commitment to full compensation eases concerns about users losing their principal and helps prevent panic selling. Nearly half of the assets have already been frozen, while the prospect of recovering the rest is tempering pessimism.
Key levels
BNB: Support at 732, strong support at 710; resistance at 765 and 788
BTC: Support at 77578, strong support at 76444; resistance at 78220 and 79354
Outlook: The incident is a short-term sentiment shock. The key factors to watch are the timeline for restoring deposits and withdrawals and progress in recovering the assets. As long as the compensation commitment is fulfilled, the panic should prove transient, and the broader market should return to its previous macro-driven trend. BNB has greater price sensitivity, so its volatility is likely to be significantly higher than BTC’s.
Binance announced on October 30 that the security incident affected assets worth approximately $6.34 billion. It committed to fully compensating users for their losses using the SAFU user protection fund and its own funds. Of the funds set aside, $5 billion is in the corresponding tokens, while the remainder will be matched with the relevant assets through OTC and market purchases. The exchange is currently working with stablecoin issuers and public blockchain teams to freeze approximately $3 billion in assets linked to the incident. The remaining approximately $3.34 billion in assets is still being traced and pursued.
Attack vector: An operations engineer’s laptop was compromised, allowing the attacker to take control of a service container and initiate unauthorized withdrawals. Wallet private keys were not leaked. The attacker used the EIP-7702 delegation mechanism to transfer the funds across 10 public blockchains, making this the largest crypto theft in history. The platform has temporarily suspended deposits and withdrawals. These services will resume after the security review is complete, and updated proof of reserves and a technical postmortem will be published.
Market outlook
Bearish factors: The incident undermines trust in the industry, weighing on overall risk appetite in the short term and putting pressure on BNB. The suspension of withdrawals has triggered liquidity fears, prompting investors to move funds to safer assets.
Bullish factors: The clear commitment to full compensation eases concerns about users losing their principal and helps prevent panic selling. Nearly half of the assets have already been frozen, while the prospect of recovering the rest is tempering pessimism.
Key levels
BNB: Support at 732, strong support at 710; resistance at 765 and 788
BTC: Support at 77578, strong support at 76444; resistance at 78220 and 79354
Outlook: The incident is a short-term sentiment shock. The key factors to watch are the timeline for restoring deposits and withdrawals and progress in recovering the assets. As long as the compensation commitment is fulfilled, the panic should prove transient, and the broader market should return to its previous macro-driven trend. BNB has greater price sensitivity, so its volatility is likely to be significantly higher than BTC’s.
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#PEPE surges as meme coin rotation leaves DOGE and SHIB behind$PEPE
{alpha}()
Meme coin rotation has diverged this cycle: PEPE has surged in the short term, while DOGE and SHIB have weakened and lagged behind. Key drivers include Justin Sun-linked addresses accumulating around $51 million worth of PEPE, combined with a short squeeze and concentrated inflows. PEPE has a much smaller market cap, making it far easier to move higher than the two established meme coins, DOGE and SHIB. Funds are rotating from older meme coins into PEPE. This rally is a single-token hotspot, not a broad-based rise across the sector, with clear capital outflows within the meme coin market.
Market dynamics
Bullish factors: Capital is rotating within the meme coin sector, making PEPE a short-term sentiment barometer. Its market cap is steadily closing in on SHIB’s, rapidly drawing more market attention and attracting short-term speculative capital.
Bearish factors: The rally relies heavily on whale capital and short sellers covering leveraged positions, with no long-term fundamental support. Outflows from DOGE and SHIB suggest overall market risk appetite is weak: investors are only willing to trade smaller-cap coins in the short term and are reluctant to maintain positions in larger meme coins. Broader macro drivers, including the Federal Reserve and oil prices, are weighing on the market, making this rotation difficult to sustain.
Key price levels
PEPE: Support 0.0000042, strong support 0.0000039; resistance 0.0000049, next level above 0.0000053
DOGE: Support 0.138, strong support 0.133; resistance 0.146, next level above 0.152
SHIB: Support 0.0000172, strong support 0.0000165; resistance 0.0000186, next level above 0.0000195
Key BTC price levels
Support: 79666, strong support 79350
Resistance: 80900, 81800
Outlook: This is a purely sentiment-driven rotation, decoupled from the broader market and characterized by sharp bursts of activity. If PEPE whales take profits, the price could retreat rapidly. Until the broader market stabilizes, it is unlikely to trigger a catch-up rally in DOGE and SHIB.
#PEPE surges as meme coin rotation leaves DOGE and SHIB behind$PEPE
Meme coin rotation has diverged this cycle: PEPE has surged in the short term, while DOGE and SHIB have weakened and lagged behind. Key drivers include Justin Sun-linked addresses accumulating around $51 million worth of PEPE, combined with a short squeeze and concentrated inflows. PEPE has a much smaller market cap, making it far easier to move higher than the two established meme coins, DOGE and SHIB. Funds are rotating from older meme coins into PEPE. This rally is a single-token hotspot, not a broad-based rise across the sector, with clear capital outflows within the meme coin market.
Market dynamics
Bullish factors: Capital is rotating within the meme coin sector, making PEPE a short-term sentiment barometer. Its market cap is steadily closing in on SHIB’s, rapidly drawing more market attention and attracting short-term speculative capital.
Bearish factors: The rally relies heavily on whale capital and short sellers covering leveraged positions, with no long-term fundamental support. Outflows from DOGE and SHIB suggest overall market risk appetite is weak: investors are only willing to trade smaller-cap coins in the short term and are reluctant to maintain positions in larger meme coins. Broader macro drivers, including the Federal Reserve and oil prices, are weighing on the market, making this rotation difficult to sustain.
Key price levels
PEPE: Support 0.0000042, strong support 0.0000039; resistance 0.0000049, next level above 0.0000053
DOGE: Support 0.138, strong support 0.133; resistance 0.146, next level above 0.152
SHIB: Support 0.0000172, strong support 0.0000165; resistance 0.0000186, next level above 0.0000195
Key BTC price levels
Support: 79666, strong support 79350
Resistance: 80900, 81800
Outlook: This is a purely sentiment-driven rotation, decoupled from the broader market and characterized by sharp bursts of activity. If PEPE whales take profits, the price could retreat rapidly. Until the broader market stabilizes, it is unlikely to trigger a catch-up rally in DOGE and SHIB.
Meme coin rotation has diverged this cycle: PEPE has surged in the short term, while DOGE and SHIB have weakened and lagged behind. Key drivers include Justin Sun-linked addresses accumulating around $51 million worth of PEPE, combined with a short squeeze and concentrated inflows. PEPE has a much smaller market cap, making it far easier to move higher than the two established meme coins, DOGE and SHIB. Funds are rotating from older meme coins into PEPE. This rally is a single-token hotspot, not a broad-based rise across the sector, with clear capital outflows within the meme coin market.
Market dynamics
Bullish factors: Capital is rotating within the meme coin sector, making PEPE a short-term sentiment barometer. Its market cap is steadily closing in on SHIB’s, rapidly drawing more market attention and attracting short-term speculative capital.
Bearish factors: The rally relies heavily on whale capital and short sellers covering leveraged positions, with no long-term fundamental support. Outflows from DOGE and SHIB suggest overall market risk appetite is weak: investors are only willing to trade smaller-cap coins in the short term and are reluctant to maintain positions in larger meme coins. Broader macro drivers, including the Federal Reserve and oil prices, are weighing on the market, making this rotation difficult to sustain.
Key price levels
PEPE: Support 0.0000042, strong support 0.0000039; resistance 0.0000049, next level above 0.0000053
DOGE: Support 0.138, strong support 0.133; resistance 0.146, next level above 0.152
SHIB: Support 0.0000172, strong support 0.0000165; resistance 0.0000186, next level above 0.0000195
Key BTC price levels
Support: 79666, strong support 79350
Resistance: 80900, 81800
Outlook: This is a purely sentiment-driven rotation, decoupled from the broader market and characterized by sharp bursts of activity. If PEPE whales take profits, the price could retreat rapidly. Until the broader market stabilizes, it is unlikely to trigger a catch-up rally in DOGE and SHIB.
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#ETH Heads for Its Worst October Since 2018$ETH
{future}(ETHUSDT)
ETH is down about 13.6% this month, making it likely to have its worst October since 2018. In October 2018, ETH fell 15.5%, its largest October drawdown in recent years. Capital flows have continued to weaken: spot ETH ETFs have seen cumulative net outflows of about $1.35 billion this month, while long-dormant whale addresses transferred more than $140 million worth of ETH this month, adding to selling pressure as holders cash out.
Factors behind the decline: hawkish FOMC remarks and rising oil prices have pushed up inflation expectations, compounded by L2 shutdowns, a weaker ecosystem narrative, and continued outflows from ETH ETFs.
Market outlook
Bearish factors: Monthly weakness may intensify investor caution. ETH continues to underperform BTC, with capital favoring BTC as a safe haven. Long-dormant whale holdings are coming back into circulation, raising expectations of overhead selling pressure.
Supportive factors: This is a macro-driven valuation sell-off, not a risk to the underlying protocol. The 2200–2295 range is a key support zone watched by institutions. If macro expectations ease somewhat, an oversold rebound could follow.
Key ETH levels
Support: 2295; strong support at 2200
Resistance: 2400; then 2480
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: ETH is weaker than BTC and is among the leading decliners. In the short term, 2295 is the key line separating strength from weakness; a break below it would open the door to further downside. Any rebound is likely to face initial resistance at 2400.
#ETH Heads for Its Worst October Since 2018$ETH
ETH is down about 13.6% this month, making it likely to have its worst October since 2018. In October 2018, ETH fell 15.5%, its largest October drawdown in recent years. Capital flows have continued to weaken: spot ETH ETFs have seen cumulative net outflows of about $1.35 billion this month, while long-dormant whale addresses transferred more than $140 million worth of ETH this month, adding to selling pressure as holders cash out.
Factors behind the decline: hawkish FOMC remarks and rising oil prices have pushed up inflation expectations, compounded by L2 shutdowns, a weaker ecosystem narrative, and continued outflows from ETH ETFs.
Market outlook
Bearish factors: Monthly weakness may intensify investor caution. ETH continues to underperform BTC, with capital favoring BTC as a safe haven. Long-dormant whale holdings are coming back into circulation, raising expectations of overhead selling pressure.
Supportive factors: This is a macro-driven valuation sell-off, not a risk to the underlying protocol. The 2200–2295 range is a key support zone watched by institutions. If macro expectations ease somewhat, an oversold rebound could follow.
Key ETH levels
Support: 2295; strong support at 2200
Resistance: 2400; then 2480
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: ETH is weaker than BTC and is among the leading decliners. In the short term, 2295 is the key line separating strength from weakness; a break below it would open the door to further downside. Any rebound is likely to face initial resistance at 2400.
ETH is down about 13.6% this month, making it likely to have its worst October since 2018. In October 2018, ETH fell 15.5%, its largest October drawdown in recent years. Capital flows have continued to weaken: spot ETH ETFs have seen cumulative net outflows of about $1.35 billion this month, while long-dormant whale addresses transferred more than $140 million worth of ETH this month, adding to selling pressure as holders cash out.
Factors behind the decline: hawkish FOMC remarks and rising oil prices have pushed up inflation expectations, compounded by L2 shutdowns, a weaker ecosystem narrative, and continued outflows from ETH ETFs.
Market outlook
Bearish factors: Monthly weakness may intensify investor caution. ETH continues to underperform BTC, with capital favoring BTC as a safe haven. Long-dormant whale holdings are coming back into circulation, raising expectations of overhead selling pressure.
Supportive factors: This is a macro-driven valuation sell-off, not a risk to the underlying protocol. The 2200–2295 range is a key support zone watched by institutions. If macro expectations ease somewhat, an oversold rebound could follow.
Key ETH levels
Support: 2295; strong support at 2200
Resistance: 2400; then 2480
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: ETH is weaker than BTC and is among the leading decliners. In the short term, 2295 is the key line separating strength from weakness; a break below it would open the door to further downside. Any rebound is likely to face initial resistance at 2400.
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#ICE与Hyperliquid达成合作 $HYPE
{future}(HYPEUSDT)
ICE (the parent company of the NYSE) has made a strategic investment in Trade[XYZ], which is building a compliant U.S. perpetual futures market, ICE[XYZ], on Hyperliquid’s underlying infrastructure. Targeting U.S. retail users, it will offer 24/7 perpetual products covering crypto, stocks, commodities, and forex. The project requires CFTC approval and is independent of ICE’s existing institutional futures business, with a supporting KYC/AML clearing system. Trade[XYZ] is a core RWA perpetuals deployment on Hyperliquid, where its markets have previously recorded over $650 billion in trading volume.
Market rationale
Bullish: The entry of a traditional financial giant into the on-chain perpetuals sector signals Wall Street’s recognition of DeFi derivatives and reduces regulatory uncertainty around Hyperliquid. HYPE and RWA tokens could see a narrative premium, benefiting the on-chain derivatives sector.
Bearish: Launch depends entirely on CFTC approval, with no clear timeline. Regulatory controversy over the alleged oil-price manipulation on Hyperliquid adds further uncertainty to the approval process. Macro interest rates and geopolitical oil prices remain the market’s main drivers, so the positive impact may be limited to a localized, short-lived move.
Key HYPE levels
Support: 78; strong support: 74
Resistance: 87; above that: 92
Key BTC levels
Support: 79666; strong support: 79350
Resistance: 80900, 81800
Outlook: This is an industry milestone and positive for HYPE and the derivatives sector, but not enough to reverse the broader market’s macro trend. BTC’s short-term strength or weakness still hinges on 79666.
#ICE与Hyperliquid达成合作 $HYPE
ICE (the parent company of the NYSE) has made a strategic investment in Trade[XYZ], which is building a compliant U.S. perpetual futures market, ICE[XYZ], on Hyperliquid’s underlying infrastructure. Targeting U.S. retail users, it will offer 24/7 perpetual products covering crypto, stocks, commodities, and forex. The project requires CFTC approval and is independent of ICE’s existing institutional futures business, with a supporting KYC/AML clearing system. Trade[XYZ] is a core RWA perpetuals deployment on Hyperliquid, where its markets have previously recorded over $650 billion in trading volume.
Market rationale
Bullish: The entry of a traditional financial giant into the on-chain perpetuals sector signals Wall Street’s recognition of DeFi derivatives and reduces regulatory uncertainty around Hyperliquid. HYPE and RWA tokens could see a narrative premium, benefiting the on-chain derivatives sector.
Bearish: Launch depends entirely on CFTC approval, with no clear timeline. Regulatory controversy over the alleged oil-price manipulation on Hyperliquid adds further uncertainty to the approval process. Macro interest rates and geopolitical oil prices remain the market’s main drivers, so the positive impact may be limited to a localized, short-lived move.
Key HYPE levels
Support: 78; strong support: 74
Resistance: 87; above that: 92
Key BTC levels
Support: 79666; strong support: 79350
Resistance: 80900, 81800
Outlook: This is an industry milestone and positive for HYPE and the derivatives sector, but not enough to reverse the broader market’s macro trend. BTC’s short-term strength or weakness still hinges on 79666.
ICE (the parent company of the NYSE) has made a strategic investment in Trade[XYZ], which is building a compliant U.S. perpetual futures market, ICE[XYZ], on Hyperliquid’s underlying infrastructure. Targeting U.S. retail users, it will offer 24/7 perpetual products covering crypto, stocks, commodities, and forex. The project requires CFTC approval and is independent of ICE’s existing institutional futures business, with a supporting KYC/AML clearing system. Trade[XYZ] is a core RWA perpetuals deployment on Hyperliquid, where its markets have previously recorded over $650 billion in trading volume.
Market rationale
Bullish: The entry of a traditional financial giant into the on-chain perpetuals sector signals Wall Street’s recognition of DeFi derivatives and reduces regulatory uncertainty around Hyperliquid. HYPE and RWA tokens could see a narrative premium, benefiting the on-chain derivatives sector.
Bearish: Launch depends entirely on CFTC approval, with no clear timeline. Regulatory controversy over the alleged oil-price manipulation on Hyperliquid adds further uncertainty to the approval process. Macro interest rates and geopolitical oil prices remain the market’s main drivers, so the positive impact may be limited to a localized, short-lived move.
Key HYPE levels
Support: 78; strong support: 74
Resistance: 87; above that: 92
Key BTC levels
Support: 79666; strong support: 79350
Resistance: 80900, 81800
Outlook: This is an industry milestone and positive for HYPE and the derivatives sector, but not enough to reverse the broader market’s macro trend. BTC’s short-term strength or weakness still hinges on 79666.
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#美国中期选举或将改变加密货币监管格局 $BTC
{future}(BTCUSDT)
$ETH
The midterm elections hinge on which party controls the House and Senate, directly determining the direction of future crypto legislation:
- Republicans: Generally favor clear regulation and are pushing the CLARITY Act and stablecoin legislation to clarify the respective roles of the SEC and CFTC and reduce regulatory uncertainty for the industry. Fairshake, an industry lobbying group, is directing support to pro-crypto candidates.
- Democratic mainstream (the Warren faction): Favors stricter regulation, tighter enforcement, restrictions on stablecoins, and a broader definition of securities by the SEC. If Democrats win control of both chambers, crypto-friendly legislation will be shelved and enforcement by the executive branch will intensify.
Market dynamics
Bullish scenario: Republicans maintain or expand their advantage in both chambers, talks on crypto legislation resume, regulatory expectations ease at the margin, and risk assets gain a policy premium.
Bearish scenario: Democrats take control of Congress, the window for crypto-friendly legislation closes, expectations of aggressive SEC enforcement rise, and the broader market and crypto sector come under pressure.
Neutral constraints: Before the election results are finalized, the market is driven by competing expectations. In the short term, this is unlikely to outweigh the Fed rate outlook and oil-price geopolitics, and is more likely to cause brief bursts of volatility.
#美国中期选举或将改变加密货币监管格局 $BTC
$ETH
The midterm elections hinge on which party controls the House and Senate, directly determining the direction of future crypto legislation:
- Republicans: Generally favor clear regulation and are pushing the CLARITY Act and stablecoin legislation to clarify the respective roles of the SEC and CFTC and reduce regulatory uncertainty for the industry. Fairshake, an industry lobbying group, is directing support to pro-crypto candidates.
- Democratic mainstream (the Warren faction): Favors stricter regulation, tighter enforcement, restrictions on stablecoins, and a broader definition of securities by the SEC. If Democrats win control of both chambers, crypto-friendly legislation will be shelved and enforcement by the executive branch will intensify.
Market dynamics
Bullish scenario: Republicans maintain or expand their advantage in both chambers, talks on crypto legislation resume, regulatory expectations ease at the margin, and risk assets gain a policy premium.
Bearish scenario: Democrats take control of Congress, the window for crypto-friendly legislation closes, expectations of aggressive SEC enforcement rise, and the broader market and crypto sector come under pressure.
Neutral constraints: Before the election results are finalized, the market is driven by competing expectations. In the short term, this is unlikely to outweigh the Fed rate outlook and oil-price geopolitics, and is more likely to cause brief bursts of volatility.
$ETH
The midterm elections hinge on which party controls the House and Senate, directly determining the direction of future crypto legislation:
- Republicans: Generally favor clear regulation and are pushing the CLARITY Act and stablecoin legislation to clarify the respective roles of the SEC and CFTC and reduce regulatory uncertainty for the industry. Fairshake, an industry lobbying group, is directing support to pro-crypto candidates.
- Democratic mainstream (the Warren faction): Favors stricter regulation, tighter enforcement, restrictions on stablecoins, and a broader definition of securities by the SEC. If Democrats win control of both chambers, crypto-friendly legislation will be shelved and enforcement by the executive branch will intensify.
Market dynamics
Bullish scenario: Republicans maintain or expand their advantage in both chambers, talks on crypto legislation resume, regulatory expectations ease at the margin, and risk assets gain a policy premium.
Bearish scenario: Democrats take control of Congress, the window for crypto-friendly legislation closes, expectations of aggressive SEC enforcement rise, and the broader market and crypto sector come under pressure.
Neutral constraints: Before the election results are finalized, the market is driven by competing expectations. In the short term, this is unlikely to outweigh the Fed rate outlook and oil-price geopolitics, and is more likely to cause brief bursts of volatility.
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#CZ宣布加密货币将成为AI的原生货币 $BNB
{future}(BNBUSDT)
At a media briefing after ringing the Nasdaq opening bell for BNB Standard, CZ said that crypto assets will become the native currency of AI agents. AI could choose BTC, stablecoins, or newly issued tokens from AI projects. He hopes BNB Chain will support these machine-to-machine transactions while advancing the deployment of compute tokens on BNB Chain, though he acknowledged that the ecosystem is still being built.
Underlying rationale: AI programs cannot complete bank KYC and are not suited to traditional payments. Crypto wallets are programmable and support high-frequency microtransactions, making them a good fit for automated transactions such as AI renting computing power, accessing data, and purchasing services.
Market implications
Bullish: Could boost sentiment around the AI + Crypto sector, giving BNB, AI blockchains, and agent tokens a narrative premium; could also open up a long-term crypto narrative and give the market room to imagine future possibilities.
Bearish: This is a long-term vision with no product currently in place, so it cannot deliver near-term gains. The main market drivers remain Federal Reserve rates and geopolitical oil prices; macro forces could easily overshadow the positive news, resulting mostly in short-lived price moves.
Key BTC levels
Support: 79666, strong support at 79350
Resistance: 80900, 81800
Outlook: The thematic news is positive, but its impact on the broader market is limited. The main market drivers are unchanged; any rebound will still face resistance at 80900, while 79666 is the key short-term line between strength and weakness.
#CZ宣布加密货币将成为AI的原生货币 $BNB
At a media briefing after ringing the Nasdaq opening bell for BNB Standard, CZ said that crypto assets will become the native currency of AI agents. AI could choose BTC, stablecoins, or newly issued tokens from AI projects. He hopes BNB Chain will support these machine-to-machine transactions while advancing the deployment of compute tokens on BNB Chain, though he acknowledged that the ecosystem is still being built.
Underlying rationale: AI programs cannot complete bank KYC and are not suited to traditional payments. Crypto wallets are programmable and support high-frequency microtransactions, making them a good fit for automated transactions such as AI renting computing power, accessing data, and purchasing services.
Market implications
Bullish: Could boost sentiment around the AI + Crypto sector, giving BNB, AI blockchains, and agent tokens a narrative premium; could also open up a long-term crypto narrative and give the market room to imagine future possibilities.
Bearish: This is a long-term vision with no product currently in place, so it cannot deliver near-term gains. The main market drivers remain Federal Reserve rates and geopolitical oil prices; macro forces could easily overshadow the positive news, resulting mostly in short-lived price moves.
Key BTC levels
Support: 79666, strong support at 79350
Resistance: 80900, 81800
Outlook: The thematic news is positive, but its impact on the broader market is limited. The main market drivers are unchanged; any rebound will still face resistance at 80900, while 79666 is the key short-term line between strength and weakness.
At a media briefing after ringing the Nasdaq opening bell for BNB Standard, CZ said that crypto assets will become the native currency of AI agents. AI could choose BTC, stablecoins, or newly issued tokens from AI projects. He hopes BNB Chain will support these machine-to-machine transactions while advancing the deployment of compute tokens on BNB Chain, though he acknowledged that the ecosystem is still being built.
Underlying rationale: AI programs cannot complete bank KYC and are not suited to traditional payments. Crypto wallets are programmable and support high-frequency microtransactions, making them a good fit for automated transactions such as AI renting computing power, accessing data, and purchasing services.
Market implications
Bullish: Could boost sentiment around the AI + Crypto sector, giving BNB, AI blockchains, and agent tokens a narrative premium; could also open up a long-term crypto narrative and give the market room to imagine future possibilities.
Bearish: This is a long-term vision with no product currently in place, so it cannot deliver near-term gains. The main market drivers remain Federal Reserve rates and geopolitical oil prices; macro forces could easily overshadow the positive news, resulting mostly in short-lived price moves.
Key BTC levels
Support: 79666, strong support at 79350
Resistance: 80900, 81800
Outlook: The thematic news is positive, but its impact on the broader market is limited. The main market drivers are unchanged; any rebound will still face resistance at 80900, while 79666 is the key short-term line between strength and weakness.
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#伊朗油轮在霍尔木兹海峡附近触雷
Iran’s Revolutionary Guard Corps reported that three oil tankers south of the Strait of Hormuz turned off their navigation systems, struck mines while taking an illegal route, and caught fire; the vessels were abandoned. The strait carries about 20% of global seaborne crude oil and is a key energy corridor. Markets are concerned that shipping insurance costs will rise and shipowners will reroute to avoid risks.
Market dynamics
Negative factors: Geopolitical risk premiums are pushing oil prices higher, lifting inflation expectations again. Combined with the FOMC’s hawkish stance, this reinforces expectations that “interest rates will stay higher for longer,” weighing on crypto risk assets;
Supportive factors: For now, this is only a warning affecting a local shipping route. The strait has not been fully blockaded, and there have been no widespread suspensions of shipping. This is a sentiment shock, not a major supply disruption.
Key BTC levels
Support: 79666; strong support: 79350
Resistance: 80900, 81800
Outlook: Geopolitical news and hawkish monetary policy are reinforcing each other, increasing resistance to a rebound. A recovery is possible only if 79666 holds; a break below it would open up further downside.
#伊朗油轮在霍尔木兹海峡附近触雷
Iran’s Revolutionary Guard Corps reported that three oil tankers south of the Strait of Hormuz turned off their navigation systems, struck mines while taking an illegal route, and caught fire; the vessels were abandoned. The strait carries about 20% of global seaborne crude oil and is a key energy corridor. Markets are concerned that shipping insurance costs will rise and shipowners will reroute to avoid risks.
Market dynamics
Negative factors: Geopolitical risk premiums are pushing oil prices higher, lifting inflation expectations again. Combined with the FOMC’s hawkish stance, this reinforces expectations that “interest rates will stay higher for longer,” weighing on crypto risk assets;
Supportive factors: For now, this is only a warning affecting a local shipping route. The strait has not been fully blockaded, and there have been no widespread suspensions of shipping. This is a sentiment shock, not a major supply disruption.
Key BTC levels
Support: 79666; strong support: 79350
Resistance: 80900, 81800
Outlook: Geopolitical news and hawkish monetary policy are reinforcing each other, increasing resistance to a rebound. A recovery is possible only if 79666 holds; a break below it would open up further downside.
Iran’s Revolutionary Guard Corps reported that three oil tankers south of the Strait of Hormuz turned off their navigation systems, struck mines while taking an illegal route, and caught fire; the vessels were abandoned. The strait carries about 20% of global seaborne crude oil and is a key energy corridor. Markets are concerned that shipping insurance costs will rise and shipowners will reroute to avoid risks.
Market dynamics
Negative factors: Geopolitical risk premiums are pushing oil prices higher, lifting inflation expectations again. Combined with the FOMC’s hawkish stance, this reinforces expectations that “interest rates will stay higher for longer,” weighing on crypto risk assets;
Supportive factors: For now, this is only a warning affecting a local shipping route. The strait has not been fully blockaded, and there have been no widespread suspensions of shipping. This is a sentiment shock, not a major supply disruption.
Key BTC levels
Support: 79666; strong support: 79350
Resistance: 80900, 81800
Outlook: Geopolitical news and hawkish monetary policy are reinforcing each other, increasing resistance to a rebound. A recovery is possible only if 79666 holds; a break below it would open up further downside.
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#美联储在鹰派异议声中维持利率在4 % Core Decision
Interest rates remain unchanged at 3.75%–4.00%, with a 10–2 vote. Two committee members, Cook and Hammack, dissented, advocating an immediate 25 bp hike. The economic assessment was upgraded to describe strong expansion, while the inflation assessment remained elevated. The Fed did not commit to a preset path, opting to await further data before deciding whether to raise rates in December. Starting in 2027, the meeting format will change: some meetings will be devoted solely to strategic discussions, with no vote.
Market Outlook
Bearish factors: Hawkish dissents highlight divisions over inflation and have raised expectations of a December rate hike. Higher rates may persist for longer, dampening appetite for risk assets and supporting Treasury yields and the U.S. dollar, putting pressure on BTC.
Supportive factors: No rate hike was implemented this time; this was a pause in tightening, not an escalation. If CPI falls in the coming months, rate-hike expectations could quickly ease.
Key BTC Levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This was a “neutral-to-hawkish” decision. Short-term rebounds may encounter resistance, with market direction hinging mainly on expectations for a December rate hike. Holding above 79666 could allow for a recovery; a break below it would risk further declines.
#美联储在鹰派异议声中维持利率在4 % Core Decision
Interest rates remain unchanged at 3.75%–4.00%, with a 10–2 vote. Two committee members, Cook and Hammack, dissented, advocating an immediate 25 bp hike. The economic assessment was upgraded to describe strong expansion, while the inflation assessment remained elevated. The Fed did not commit to a preset path, opting to await further data before deciding whether to raise rates in December. Starting in 2027, the meeting format will change: some meetings will be devoted solely to strategic discussions, with no vote.
Market Outlook
Bearish factors: Hawkish dissents highlight divisions over inflation and have raised expectations of a December rate hike. Higher rates may persist for longer, dampening appetite for risk assets and supporting Treasury yields and the U.S. dollar, putting pressure on BTC.
Supportive factors: No rate hike was implemented this time; this was a pause in tightening, not an escalation. If CPI falls in the coming months, rate-hike expectations could quickly ease.
Key BTC Levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This was a “neutral-to-hawkish” decision. Short-term rebounds may encounter resistance, with market direction hinging mainly on expectations for a December rate hike. Holding above 79666 could allow for a recovery; a break below it would risk further declines.
Interest rates remain unchanged at 3.75%–4.00%, with a 10–2 vote. Two committee members, Cook and Hammack, dissented, advocating an immediate 25 bp hike. The economic assessment was upgraded to describe strong expansion, while the inflation assessment remained elevated. The Fed did not commit to a preset path, opting to await further data before deciding whether to raise rates in December. Starting in 2027, the meeting format will change: some meetings will be devoted solely to strategic discussions, with no vote.
Market Outlook
Bearish factors: Hawkish dissents highlight divisions over inflation and have raised expectations of a December rate hike. Higher rates may persist for longer, dampening appetite for risk assets and supporting Treasury yields and the U.S. dollar, putting pressure on BTC.
Supportive factors: No rate hike was implemented this time; this was a pause in tightening, not an escalation. If CPI falls in the coming months, rate-hike expectations could quickly ease.
Key BTC Levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This was a “neutral-to-hawkish” decision. Short-term rebounds may encounter resistance, with market direction hinging mainly on expectations for a December rate hike. Holding above 79666 could allow for a recovery; a break below it would risk further declines.
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#Hyperliquid Oil Price Manipulation Concerns
Monitoring firm Solidus Labs disclosed that during the sharp oil price swings from March 8–10, two accounts on Hyperliquid engaged in suspicious spoofing activity involving a total of $170 million in abnormal orders. The activity primarily targeted Brent crude perpetuals, while also affecting WTI and natural gas perpetuals. The trader ultimately made a profit of about $119,000.
Method: Placing large one-sided orders in the order book to create false impressions of supply and demand, then quickly canceling them while executing genuine trades on the other side to induce other traders to follow suit. The activity has only been flagged as suspicious; intent to manipulate has not been established, and regulators have made no formal finding or issued any conviction.
Market outlook
Bearish factors: Regulatory scrutiny is increasing. The CFTC is already advancing oversight of event contracts, and this incident may heighten expectations of scrutiny for DeFi commodity perpetual contracts, weighing on sentiment toward the Hyperliquid ecosystem and similar on-chain TradFi derivatives. Volatility in oil and crypto-linked assets may increase.
Supportive factors: The profits from the spoofing were very small and did not materially affect traditional crude oil spot or exchange-traded futures prices. The activity was limited to on-chain perpetual markets on Hyperliquid, with limited impact on oil fundamentals.
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This is a regulatory-sentiment-driven bearish factor that may weigh on risk appetite in the short term. The main market driver remains expectations for FOMC rate hikes. If the 79666 low holds, sentiment may settle and the market may return to its previous rhythm.
#Hyperliquid Oil Price Manipulation Concerns
Monitoring firm Solidus Labs disclosed that during the sharp oil price swings from March 8–10, two accounts on Hyperliquid engaged in suspicious spoofing activity involving a total of $170 million in abnormal orders. The activity primarily targeted Brent crude perpetuals, while also affecting WTI and natural gas perpetuals. The trader ultimately made a profit of about $119,000.
Method: Placing large one-sided orders in the order book to create false impressions of supply and demand, then quickly canceling them while executing genuine trades on the other side to induce other traders to follow suit. The activity has only been flagged as suspicious; intent to manipulate has not been established, and regulators have made no formal finding or issued any conviction.
Market outlook
Bearish factors: Regulatory scrutiny is increasing. The CFTC is already advancing oversight of event contracts, and this incident may heighten expectations of scrutiny for DeFi commodity perpetual contracts, weighing on sentiment toward the Hyperliquid ecosystem and similar on-chain TradFi derivatives. Volatility in oil and crypto-linked assets may increase.
Supportive factors: The profits from the spoofing were very small and did not materially affect traditional crude oil spot or exchange-traded futures prices. The activity was limited to on-chain perpetual markets on Hyperliquid, with limited impact on oil fundamentals.
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This is a regulatory-sentiment-driven bearish factor that may weigh on risk appetite in the short term. The main market driver remains expectations for FOMC rate hikes. If the 79666 low holds, sentiment may settle and the market may return to its previous rhythm.
Monitoring firm Solidus Labs disclosed that during the sharp oil price swings from March 8–10, two accounts on Hyperliquid engaged in suspicious spoofing activity involving a total of $170 million in abnormal orders. The activity primarily targeted Brent crude perpetuals, while also affecting WTI and natural gas perpetuals. The trader ultimately made a profit of about $119,000.
Method: Placing large one-sided orders in the order book to create false impressions of supply and demand, then quickly canceling them while executing genuine trades on the other side to induce other traders to follow suit. The activity has only been flagged as suspicious; intent to manipulate has not been established, and regulators have made no formal finding or issued any conviction.
Market outlook
Bearish factors: Regulatory scrutiny is increasing. The CFTC is already advancing oversight of event contracts, and this incident may heighten expectations of scrutiny for DeFi commodity perpetual contracts, weighing on sentiment toward the Hyperliquid ecosystem and similar on-chain TradFi derivatives. Volatility in oil and crypto-linked assets may increase.
Supportive factors: The profits from the spoofing were very small and did not materially affect traditional crude oil spot or exchange-traded futures prices. The activity was limited to on-chain perpetual markets on Hyperliquid, with limited impact on oil fundamentals.
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: This is a regulatory-sentiment-driven bearish factor that may weigh on risk appetite in the short term. The main market driver remains expectations for FOMC rate hikes. If the 79666 low holds, sentiment may settle and the market may return to its previous rhythm.
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#FOMC会议 Key takeaways from the FOMC meeting
1. Decision: Rates held steady at 3.75%–4.00%, with a 10–2 vote. Cook and Hammack favored a 25 bp hike.
2. Comments: Inflation remains elevated and economic activity is strong. Rising oil prices will feed through to inflation. More data are needed before deciding on the next move, and further hikes have not been ruled out.
3. Process reforms: Starting in 2027, the meeting schedule will be adjusted, with some meetings focused solely on strategy and no rate vote.
4. Market pricing: According to CME FedWatch, the probability of a 25 bp hike in December is close to 80%.
Implications for the crypto market
Bearish factors: The hawkish tone and expectations that high rates will persist are weighing on risk assets. The dollar and Treasury yields are firm, putting pressure on BTC and prompting a pullback, in line with the current market decline.
Supportive factors: No rate hike was implemented; this amounts to a “pause in rate hikes.” If CPI falls in the coming months, hike expectations could cool, creating an opportunity for a rebound.
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: In the short term, expectations of rate hikes are likely to remain the main headwind. Any rebound will first face resistance at 80900. A recovery is possible only if 79666 holds.
#FOMC会议 Key takeaways from the FOMC meeting
1. Decision: Rates held steady at 3.75%–4.00%, with a 10–2 vote. Cook and Hammack favored a 25 bp hike.
2. Comments: Inflation remains elevated and economic activity is strong. Rising oil prices will feed through to inflation. More data are needed before deciding on the next move, and further hikes have not been ruled out.
3. Process reforms: Starting in 2027, the meeting schedule will be adjusted, with some meetings focused solely on strategy and no rate vote.
4. Market pricing: According to CME FedWatch, the probability of a 25 bp hike in December is close to 80%.
Implications for the crypto market
Bearish factors: The hawkish tone and expectations that high rates will persist are weighing on risk assets. The dollar and Treasury yields are firm, putting pressure on BTC and prompting a pullback, in line with the current market decline.
Supportive factors: No rate hike was implemented; this amounts to a “pause in rate hikes.” If CPI falls in the coming months, hike expectations could cool, creating an opportunity for a rebound.
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: In the short term, expectations of rate hikes are likely to remain the main headwind. Any rebound will first face resistance at 80900. A recovery is possible only if 79666 holds.
1. Decision: Rates held steady at 3.75%–4.00%, with a 10–2 vote. Cook and Hammack favored a 25 bp hike.
2. Comments: Inflation remains elevated and economic activity is strong. Rising oil prices will feed through to inflation. More data are needed before deciding on the next move, and further hikes have not been ruled out.
3. Process reforms: Starting in 2027, the meeting schedule will be adjusted, with some meetings focused solely on strategy and no rate vote.
4. Market pricing: According to CME FedWatch, the probability of a 25 bp hike in December is close to 80%.
Implications for the crypto market
Bearish factors: The hawkish tone and expectations that high rates will persist are weighing on risk assets. The dollar and Treasury yields are firm, putting pressure on BTC and prompting a pullback, in line with the current market decline.
Supportive factors: No rate hike was implemented; this amounts to a “pause in rate hikes.” If CPI falls in the coming months, hike expectations could cool, creating an opportunity for a rebound.
Key BTC levels
Support: 79666; strong support at 79350
Resistance: 80900, 81800
Outlook: In the short term, expectations of rate hikes are likely to remain the main headwind. Any rebound will first face resistance at 80900. A recovery is possible only if 79666 holds.
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New York Attorney General Leitia James has filed a motion for default judgment against NovaTech and its founders, Cynthia Petion and Eddy Petion, seeking a total of $1.37 billion, including disgorgement and interest. They are accused of operating NovaTech FX, a cryptocurrency and foreign-exchange Ponzi and pyramid scheme that was preceded by the AWS Mining project.
- Case details: From 2019 to 2023, the defendants claimed to use automated trading in foreign exchange and crypto assets and promised steady weekly returns. They expanded through a multilevel referral system that paid commissions for recruiting new investors. In reality, less than $26 million was used for actual trading; the rest came from new investors’ funds and was used to pay returns to earlier investors and commissions to promoters. Hundreds of thousands of people were victimized, including many investors from the Haitian community.
- Background: The SEC previously brought a separate case involving the scheme, which it said involved $650 million. This time, New York State is pursuing the case independently under the Martin Act, covering the funds tied to both the AWS Mining and NovaTech schemes.
- Status: The defendants failed to appear and contest the case, which has proceeded to default judgment. If the state prevails, it will move to recover assets.
New York Attorney General Leitia James has filed a motion for default judgment against NovaTech and its founders, Cynthia Petion and Eddy Petion, seeking a total of $1.37 billion, including disgorgement and interest. They are accused of operating NovaTech FX, a cryptocurrency and foreign-exchange Ponzi and pyramid scheme that was preceded by the AWS Mining project.
- Case details: From 2019 to 2023, the defendants claimed to use automated trading in foreign exchange and crypto assets and promised steady weekly returns. They expanded through a multilevel referral system that paid commissions for recruiting new investors. In reality, less than $26 million was used for actual trading; the rest came from new investors’ funds and was used to pay returns to earlier investors and commissions to promoters. Hundreds of thousands of people were victimized, including many investors from the Haitian community.
- Background: The SEC previously brought a separate case involving the scheme, which it said involved $650 million. This time, New York State is pursuing the case independently under the Martin Act, covering the funds tied to both the AWS Mining and NovaTech schemes.
- Status: The defendants failed to appear and contest the case, which has proceeded to default judgment. If the state prevails, it will move to recover assets.
- Case details: From 2019 to 2023, the defendants claimed to use automated trading in foreign exchange and crypto assets and promised steady weekly returns. They expanded through a multilevel referral system that paid commissions for recruiting new investors. In reality, less than $26 million was used for actual trading; the rest came from new investors’ funds and was used to pay returns to earlier investors and commissions to promoters. Hundreds of thousands of people were victimized, including many investors from the Haitian community.
- Background: The SEC previously brought a separate case involving the scheme, which it said involved $650 million. This time, New York State is pursuing the case independently under the Martin Act, covering the funds tied to both the AWS Mining and NovaTech schemes.
- Status: The defendants failed to appear and contest the case, which has proceeded to default judgment. If the state prevails, it will move to recover assets.
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Drift Exploiters Launder $109 Million in ETH Through Tornado Cash - $ETH
{future}(ETHUSDT)
Target: Drift Protocol, a Solana perpetuals DEX, was attacked on April 1, with approximately $295 million stolen. The attackers have been traced to UNC6862, a hacking group linked to North Korea.
- This transfer: A total of 44,510 ETH, worth approximately $109 million, was transferred to Tornado Cash in batches over October 20–21. The first transfer was 25,710 ETH (approximately $61 million), followed by about 18,800 ETH (approximately $46 million). The attackers used Tornado Cash’s fixed-denomination pools to split the funds into small batches and sever their on-chain links.
- Previous laundering: In late July, another 23,095 ETH (approximately $44 million) was transferred to Tornado Cash.
- Remaining holdings: After completing this round of mixing, the attackers’ address still holds approximately 56,569 ETH, worth around $138 million, which has not yet been moved.
- Recovery efforts: Authorities have frozen only about $9.2 million in stolen funds. Drift opened a DFX recovery token claim portal on October 1, but the amount available for recovery is limited.
- Method: Convert assets stolen from Solana into ETH across chains, then use a mixer to break up the funds’ transaction trail and evade on-chain tracking in preparation for cashing out.
Drift Exploiters Launder $109 Million in ETH Through Tornado Cash - $ETH
Target: Drift Protocol, a Solana perpetuals DEX, was attacked on April 1, with approximately $295 million stolen. The attackers have been traced to UNC6862, a hacking group linked to North Korea.
- This transfer: A total of 44,510 ETH, worth approximately $109 million, was transferred to Tornado Cash in batches over October 20–21. The first transfer was 25,710 ETH (approximately $61 million), followed by about 18,800 ETH (approximately $46 million). The attackers used Tornado Cash’s fixed-denomination pools to split the funds into small batches and sever their on-chain links.
- Previous laundering: In late July, another 23,095 ETH (approximately $44 million) was transferred to Tornado Cash.
- Remaining holdings: After completing this round of mixing, the attackers’ address still holds approximately 56,569 ETH, worth around $138 million, which has not yet been moved.
- Recovery efforts: Authorities have frozen only about $9.2 million in stolen funds. Drift opened a DFX recovery token claim portal on October 1, but the amount available for recovery is limited.
- Method: Convert assets stolen from Solana into ETH across chains, then use a mixer to break up the funds’ transaction trail and evade on-chain tracking in preparation for cashing out.
Target: Drift Protocol, a Solana perpetuals DEX, was attacked on April 1, with approximately $295 million stolen. The attackers have been traced to UNC6862, a hacking group linked to North Korea.
- This transfer: A total of 44,510 ETH, worth approximately $109 million, was transferred to Tornado Cash in batches over October 20–21. The first transfer was 25,710 ETH (approximately $61 million), followed by about 18,800 ETH (approximately $46 million). The attackers used Tornado Cash’s fixed-denomination pools to split the funds into small batches and sever their on-chain links.
- Previous laundering: In late July, another 23,095 ETH (approximately $44 million) was transferred to Tornado Cash.
- Remaining holdings: After completing this round of mixing, the attackers’ address still holds approximately 56,569 ETH, worth around $138 million, which has not yet been moved.
- Recovery efforts: Authorities have frozen only about $9.2 million in stolen funds. Drift opened a DFX recovery token claim portal on October 1, but the amount available for recovery is limited.
- Method: Convert assets stolen from Solana into ETH across chains, then use a mixer to break up the funds’ transaction trail and evade on-chain tracking in preparation for cashing out.
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#币安在期货上推出传统金融股票永续合约 - Product name: TradFi stock perpetual contracts, USDT-margined, with no expiry date. Funding fees are settled every 8 hours, with a rate limit of ±2%
- Underlying assets: Track the price indices of U.S. stocks and ETFs. No actual shares are held, and there are no equity, dividend, or voting rights
- Trading features: Available 24/7, including during U.S. stock market closures; up to 20x leverage for major assets, with a 10x limit for some assets
- Mechanism: Uses external market data feeds and funding fees to keep contract prices close to spot reference prices. Follows Binance’s perpetual contract liquidation and margin systems
- For users: Trade directly with USDT in your account—no U.S. brokerage account required. Trade crypto and traditional assets from the same pool of funds
- Market rationale: Bridges crypto traders with U.S. stock market data, bringing traditional earnings reports, AI-sector activity, and U.S. stock market trends into the Binance derivatives ecosystem; these are derivatives, not securities
- Restriction: Users in the United States cannot participate
#币安在期货上推出传统金融股票永续合约 - Product name: TradFi stock perpetual contracts, USDT-margined, with no expiry date. Funding fees are settled every 8 hours, with a rate limit of ±2%
- Underlying assets: Track the price indices of U.S. stocks and ETFs. No actual shares are held, and there are no equity, dividend, or voting rights
- Trading features: Available 24/7, including during U.S. stock market closures; up to 20x leverage for major assets, with a 10x limit for some assets
- Mechanism: Uses external market data feeds and funding fees to keep contract prices close to spot reference prices. Follows Binance’s perpetual contract liquidation and margin systems
- For users: Trade directly with USDT in your account—no U.S. brokerage account required. Trade crypto and traditional assets from the same pool of funds
- Market rationale: Bridges crypto traders with U.S. stock market data, bringing traditional earnings reports, AI-sector activity, and U.S. stock market trends into the Binance derivatives ecosystem; these are derivatives, not securities
- Restriction: Users in the United States cannot participate
- Underlying assets: Track the price indices of U.S. stocks and ETFs. No actual shares are held, and there are no equity, dividend, or voting rights
- Trading features: Available 24/7, including during U.S. stock market closures; up to 20x leverage for major assets, with a 10x limit for some assets
- Mechanism: Uses external market data feeds and funding fees to keep contract prices close to spot reference prices. Follows Binance’s perpetual contract liquidation and margin systems
- For users: Trade directly with USDT in your account—no U.S. brokerage account required. Trade crypto and traditional assets from the same pool of funds
- Market rationale: Bridges crypto traders with U.S. stock market data, bringing traditional earnings reports, AI-sector activity, and U.S. stock market trends into the Binance derivatives ecosystem; these are derivatives, not securities
- Restriction: Users in the United States cannot participate
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#币安支付与日本PayPay达成合作 Binance Pay × PayPay Partnership (launching September 30)
- Payment network: Connects to Japan’s PayPay merchant network through HIVEX®, serving international Binance Pay users (available in 100+ countries and regions, with approximately 48 million users)
- How it works: Visitors scan to pay at in-person merchants in Japan using their Binance Pay balance; merchants receive settlement in yen and do not need to modify their systems
- Use cases: Dining, shopping, accommodation, and travel and cultural experiences, across millions of PayPay partner locations in Japan
- Distinction: This partnership enables cross-border spending with Binance Pay. The earlier collaboration between Binance Japan and PayPay provided Japanese users with a fiat on- and off-ramp for buying crypto. These are separate business lines
- Market significance: Binance Pay’s integration with Japan’s mainstream in-person payment network is an example of stablecoin and crypto payments being put to use in travel
#币安支付与日本PayPay达成合作 Binance Pay × PayPay Partnership (launching September 30)
- Payment network: Connects to Japan’s PayPay merchant network through HIVEX®, serving international Binance Pay users (available in 100+ countries and regions, with approximately 48 million users)
- How it works: Visitors scan to pay at in-person merchants in Japan using their Binance Pay balance; merchants receive settlement in yen and do not need to modify their systems
- Use cases: Dining, shopping, accommodation, and travel and cultural experiences, across millions of PayPay partner locations in Japan
- Distinction: This partnership enables cross-border spending with Binance Pay. The earlier collaboration between Binance Japan and PayPay provided Japanese users with a fiat on- and off-ramp for buying crypto. These are separate business lines
- Market significance: Binance Pay’s integration with Japan’s mainstream in-person payment network is an example of stablecoin and crypto payments being put to use in travel
- Payment network: Connects to Japan’s PayPay merchant network through HIVEX®, serving international Binance Pay users (available in 100+ countries and regions, with approximately 48 million users)
- How it works: Visitors scan to pay at in-person merchants in Japan using their Binance Pay balance; merchants receive settlement in yen and do not need to modify their systems
- Use cases: Dining, shopping, accommodation, and travel and cultural experiences, across millions of PayPay partner locations in Japan
- Distinction: This partnership enables cross-border spending with Binance Pay. The earlier collaboration between Binance Japan and PayPay provided Japanese users with a fiat on- and off-ramp for buying crypto. These are separate business lines
- Market significance: Binance Pay’s integration with Japan’s mainstream in-person payment network is an example of stablecoin and crypto payments being put to use in travel
1
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#美国9月CPI Data
CPI YoY: 3.7% (expected 3.6%, previous 3.4%)
Core CPI YoY: 2.6% (expected 2.5%, previous 2.4%)
Core CPI MoM: 0.3% (expected 0.2%, previous 0.3%)
Macro outlook
Inflation came in higher than expected, cooling rate-cut expectations and pushing U.S. Treasury yields higher. This is bearish for risk assets.
BTC market
- Current price: 83,200 USDT; briefly dipped to 82,450 immediately after the data release, then quickly recovered
- Support: 82,200; resistance: 84,100
- Outlook: Short-term volatility is increasing, selling pressure is building overhead, and reduced rate-cut expectations are limiting the upside of any rebound
ETH market
- Current price: 2,472 USDT; similarly dipped quickly to 2,431 before recovering
- Support: 2,420; resistance: 2,510
- Outlook: Moving in tandem with BTC, with larger swings; altcoins are under greater pressure
Outlook
The data is hawkish, pointing to short-term choppy to downward movement. If support holds, the market may enter a range-bound consolidation phase; if support breaks, a new round of correction could begin.
#美国9月CPI Data
CPI YoY: 3.7% (expected 3.6%, previous 3.4%)
Core CPI YoY: 2.6% (expected 2.5%, previous 2.4%)
Core CPI MoM: 0.3% (expected 0.2%, previous 0.3%)
Macro outlook
Inflation came in higher than expected, cooling rate-cut expectations and pushing U.S. Treasury yields higher. This is bearish for risk assets.
BTC market
- Current price: 83,200 USDT; briefly dipped to 82,450 immediately after the data release, then quickly recovered
- Support: 82,200; resistance: 84,100
- Outlook: Short-term volatility is increasing, selling pressure is building overhead, and reduced rate-cut expectations are limiting the upside of any rebound
ETH market
- Current price: 2,472 USDT; similarly dipped quickly to 2,431 before recovering
- Support: 2,420; resistance: 2,510
- Outlook: Moving in tandem with BTC, with larger swings; altcoins are under greater pressure
Outlook
The data is hawkish, pointing to short-term choppy to downward movement. If support holds, the market may enter a range-bound consolidation phase; if support breaks, a new round of correction could begin.
CPI YoY: 3.7% (expected 3.6%, previous 3.4%)
Core CPI YoY: 2.6% (expected 2.5%, previous 2.4%)
Core CPI MoM: 0.3% (expected 0.2%, previous 0.3%)
Macro outlook
Inflation came in higher than expected, cooling rate-cut expectations and pushing U.S. Treasury yields higher. This is bearish for risk assets.
BTC market
- Current price: 83,200 USDT; briefly dipped to 82,450 immediately after the data release, then quickly recovered
- Support: 82,200; resistance: 84,100
- Outlook: Short-term volatility is increasing, selling pressure is building overhead, and reduced rate-cut expectations are limiting the upside of any rebound
ETH market
- Current price: 2,472 USDT; similarly dipped quickly to 2,431 before recovering
- Support: 2,420; resistance: 2,510
- Outlook: Moving in tandem with BTC, with larger swings; altcoins are under greater pressure
Outlook
The data is hawkish, pointing to short-term choppy to downward movement. If support holds, the market may enter a range-bound consolidation phase; if support breaks, a new round of correction could begin.
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#金融稳定理事会就稳定币与人工智能风险向G20发出警告 The Financial Stability Board (FSB) submitted a report to the G20 highlighting two major risks: stablecoins and AI.
Stablecoins: Their scale continues to grow, and a large-scale run could spill over into traditional financial markets. Some stablecoins lack transparency regarding their reserve assets, liquidity risks are concentrated, and gaps remain in cross-border regulatory coordination.
AI-related risks: AI algorithmic trading amplifies market volatility, while the use of similar models can trigger synchronized sell-offs. Automated risk controls and smart contracts may contain unknown vulnerabilities; algorithmic bias can accelerate the spread of risk, and AI tools make it harder to detect misinformation and market manipulation.
The FSB recommends that G20 members implement unified regulatory standards for stablecoins and establish cross-border information sharing. For the use of AI in finance, it recommends strengthening algorithm audits, stress testing, and emergency response mechanisms.
#金融稳定理事会就稳定币与人工智能风险向G20发出警告 The Financial Stability Board (FSB) submitted a report to the G20 highlighting two major risks: stablecoins and AI.
Stablecoins: Their scale continues to grow, and a large-scale run could spill over into traditional financial markets. Some stablecoins lack transparency regarding their reserve assets, liquidity risks are concentrated, and gaps remain in cross-border regulatory coordination.
AI-related risks: AI algorithmic trading amplifies market volatility, while the use of similar models can trigger synchronized sell-offs. Automated risk controls and smart contracts may contain unknown vulnerabilities; algorithmic bias can accelerate the spread of risk, and AI tools make it harder to detect misinformation and market manipulation.
The FSB recommends that G20 members implement unified regulatory standards for stablecoins and establish cross-border information sharing. For the use of AI in finance, it recommends strengthening algorithm audits, stress testing, and emergency response mechanisms.
Stablecoins: Their scale continues to grow, and a large-scale run could spill over into traditional financial markets. Some stablecoins lack transparency regarding their reserve assets, liquidity risks are concentrated, and gaps remain in cross-border regulatory coordination.
AI-related risks: AI algorithmic trading amplifies market volatility, while the use of similar models can trigger synchronized sell-offs. Automated risk controls and smart contracts may contain unknown vulnerabilities; algorithmic bias can accelerate the spread of risk, and AI tools make it harder to detect misinformation and market manipulation.
The FSB recommends that G20 members implement unified regulatory standards for stablecoins and establish cross-border information sharing. For the use of AI in finance, it recommends strengthening algorithm audits, stress testing, and emergency response mechanisms.
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#币安推出自动订单路由 Binance launches spot smart order routing, primarily for low-liquidity trading pairs.
The system automatically compares the order books of the asset’s native and intermediate trading pairs, then selects the best pricing route to execute the trade. Users are charged the standard spot trading fee only once, and the BNB fee discount still applies.
Currently, only USDT-margined spot trading pairs are supported. USD- and USDC-quoted pairs will be added later.
Purpose: To address high slippage and insufficient market depth for small-cap coins, improving order execution quality.
#币安推出自动订单路由 Binance launches spot smart order routing, primarily for low-liquidity trading pairs.
The system automatically compares the order books of the asset’s native and intermediate trading pairs, then selects the best pricing route to execute the trade. Users are charged the standard spot trading fee only once, and the BNB fee discount still applies.
Currently, only USDT-margined spot trading pairs are supported. USD- and USDC-quoted pairs will be added later.
Purpose: To address high slippage and insufficient market depth for small-cap coins, improving order execution quality.
The system automatically compares the order books of the asset’s native and intermediate trading pairs, then selects the best pricing route to execute the trade. Users are charged the standard spot trading fee only once, and the BNB fee discount still applies.
Currently, only USDT-margined spot trading pairs are supported. USD- and USDC-quoted pairs will be added later.
Purpose: To address high slippage and insufficient market depth for small-cap coins, improving order execution quality.
30
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