10.24 Laboratory Daily Report:

As mentioned yesterday, the key support level for Bitcoin is around 6.6. Last night it broke the support but managed to pull back above the support level.

As always, the "Wall Street trading style" - killing the technical indicator crowd.

The weekly bullish target remains unchanged.

ETH is weak, while the Solana ecosystem is stronger, with JTO, JUP, and BOME all on the rise.

I will prioritize BTC, followed by Sol.

1. Coinbase Bitcoin Premium Index currently reported at -0.1493%;

2. Ripple CEO Brad Garlinghouse stated that the $XRP ETF is "inevitable";

3. Tesla announced that it has not sold its $763,120,000 worth of #Bitcoin in the third quarter of 2024;

4. Uniswap's in-app cross-chain bridge is live, supporting cross-chain transactions among 9 networks including Ethereum;

5. Russia is attempting to use Bitcoin for transactions within BRICS countries to effectively bypass Western sanctions;

6. Federal Reserve Beige Book: Inflation remains moderate, with little change in economic activity across almost all regions since early September;

7. Wintermute OTC traders: The premium for Bitcoin call options is relatively high compared to put options;

#BITCOIN #Ethereum #Crypto