You can take risks, but you can't bet everything on one throw.

International News:

1. The initial annualized quarterly rate of real GDP in the third quarter of the United States was 2.8%, lower than the market expectation of 3%. The initial annualized quarterly rate of the core PCE price index was 2.2%, higher than the expected 2.1%, but lower than the previous value of 2.8%.

2. The number of ADP employment in the United States in October was 233,000, the largest increase since March 2024, far exceeding the market expectation of 114,000.

3. Multiple sources indicate that a ceasefire between Israel and Lebanon is imminent.

4. The Kremlin denied reports that "Ukraine and Russia held preliminary talks on stopping attacks on each other's energy facilities."

5. Sources said that OPEC+ may postpone the planned production increase originally scheduled for December by one month or more.

6. Germany's third-quarter seasonally adjusted GDP quarterly rate was better than expected, causing traders to cut expectations that the European Central Bank would cut interest rates by 50 basis points in December, with the probability downgraded from about 45% to 22%.

7. The UK autumn budget shows that it will increase taxes by 40 billion pounds; increase the income tax on private equity to 32%; increase the low-end tax rate of capital gains tax from 10% to 18%, and increase the high-end tax rate to 24%; fuel tax will not be increased next year.

8. World Gold Council: The total global gold demand in the third quarter of 2024 is 1,313 tons, a year-on-year increase of 5%.

Domestic news:

1. The Ministry of Commerce responded to the final rules of US investment restrictions on China: China firmly opposes the US's final rules on investment restrictions on China, has made solemn representations to the US, and reserves the right to take measures.

2. Six departments: Accelerate the construction of large-scale wind power and photovoltaic bases focusing on deserts, Gobi and desert areas.

3. Ministry of Foreign Affairs: Hope that the EU will promote consultations with China in a constructive manner to avoid the expansion and escalation of trade frictions.

4. Some central enterprises have modified the energy storage bidding rules and reduced the price weight, involving the wind, light and storage industries.

5. Taiwan Affairs Office of the State Council: Will study and introduce special measures to promote the integration of Fujian and Taiwan and relax market access.

6. The fifth "space meeting", Shenzhou 19 astronauts successfully entered the Chinese space station.

7. BYD surpassed Tesla in quarterly revenue for the first time.

Account status: continue to stay put, low position. We are ready for 50% fluctuations in BTC weekly, that is, it is very likely that we will see BTC starting with 3, ETH starting with 10, BNB starting with 3, and SOL below 100 within the year, so wait and see.

$btc $eth $sol