Changpeng Zhao finally regained his freedom today, which is undoubtedly an important moment for him and Mou An! This early release means that he will walk out of the detention center for the first time and step into the sunshine of California. This is not only a turning point in his personal life, but may also inject new vitality into the cryptocurrency industry.

Although Zhao Changpeng must resign as CEO of MoAn and stay away from the company's daily operations according to the settlement agreement, this does not mean that his influence will be weakened. As the largest shareholder, he is still able to guide the company's development at a strategic level. The market's expectations of him are also increasing, especially the possibility of refocusing on the encryption field after he reunites with his family.

What's even more exciting is that Zhao Changpeng's Giggle Academy project may receive more details in the coming months. This indicates that after regaining his freedom, he may turn his attention to more philanthropy and social responsibility to show his positive side. Whether it is family, charity, or his potential comeback in the cryptocurrency field, Zhao Changpeng will meet the challenges with a brand new look.

BlackRock's recent holdings update is really good news! As of September 25, its Bitcoin ETF (IBIT) holdings have exceeded 362,000 BTC, worth nearly 23 billion; the US Ethereum ETF (ETHA) holdings have also reached 373,000 ETH, about 964 million US dollars. This not only shows BlackRock's confidence in the crypto market, but also shows that more and more institutions are paying attention to digital assets.

In particular, the continued increase in Bitcoin holdings indicates that the market has a high degree of recognition of it, and its future potential is worth looking forward to! The inflow of institutional funds will inject more vitality into the market and bring more opportunities to players. Gradually being accepted by the mainstream, we have reason to be optimistic about the future market trend!

Ethena recently announced plans to launch a new stablecoin, UStb, whose reserves will be invested in BlackRock's US Dollar Institutional Digital Liquidity J Fund (BUIDL). The design of this new stablecoin is similar to traditional stablecoins, but UStb will be an independent product, providing different risk characteristics from the existing stablecoin USDe. In an adverse market environment, UStb provides additional risk hedging for USDe.

In addition, Ethena plans to use UStb as margin collateral for cooperation with centralized exchanges such as Bybit and Bitget. This strategy will enhance the liquidity and acceptance of UStb in the market. The specific release time and exchange integration details will be announced in the coming weeks. From a market perspective, the launch of UStb will enhance users' confidence in the Ethena ecosystem, while also providing more choices for players and their users.

The U.S. spot Ethereum ETF saw a net outflow of 39 coins yesterday, worth $100,000.

The U.S. spot Bitcoin ETF had a net inflow of 5,794 coins yesterday, worth $366 million.

Bitcoin: Yesterday, a medium-sized positive line was closed, and the market continued its recent strong performance. From the overall trend, the daily moving average system still maintains a bullish arrangement, indicating that the medium-term market is still in a healthy upward trend. Although the volume has weakened, it is likely that the bulls are consolidating at a high level and preparing to launch the next wave of offensive.

In terms of technical indicators, although the RSI is close to overbought, it has not reached an extreme level, indicating that there is still room for the market to rise. MACD is also above the zero axis, which means that there is still a possibility of further rise in the short term.

In summary: the market atmosphere is still optimistic, and bulls are still expected to dominate the market. If the current pressure level can be broken, the next step will be to challenge the high of 67900. Pressure reference: around 67900;

Ethereum: Linked to Bitcoin trend. Pressure reference: around 2868; around 3102;

Altcoins: The funding situation is still good, the market rotation is obvious, and there are signs of general rise. At this time, we should seize the opportunity, whether it is high positions or low positions, we can appropriately expand the operation, and do not rush to take action when there is a small increase or return, but should operate according to the overall trend.

Today's Fear Index: 61 (Greed) #美联储11月降息预期升温 #金价屡创新高 #赵长鹏王者归来