The story of squirrel Peanut has sparked heated discussions online, with public anger over his capture and euthanasia, leading to the rise of related meme coins and becoming the market's focus.
The Story of Peanut: From Rescue to Internet Star
Recently, there has been a heated discussion online about a squirrel named Peanut. Peanut was originally a baby squirrel left behind by a mother squirrel who was hit by a car on the streets of New York City. Seven years ago, Mark Longo rescued him. Due to serious injuries, Peanut could not return to the wild and has been carefully cared for by Longo. Through Instagram, the daily interactions between Peanut and Longo have attracted over 500,000 fans, making him an internet animal star, alongside Moo Deng, the baby hippo from Thailand's Khao Kheow Open Zoo, as one of the beloved internet animals.

THERE IS
This altcoin, which is trading below $0.0025, could break out in 2025. In the past 30 days, ADA price has fallen by more than 5%. While in the past 6 months, Cardano price has fallen by more than 25%. The continuous decline has made the cryptocurrency space begin to wonder if the currency is dead.
But indicators show that if ADA can break above the $0.389 resistance, it could spark a rally in 2025. You need to keep a close eye on ADA to find the right moment to enter the trade.
APT
Aptos, known as the "Solana Killer," is popular for its scalability and security solutions. With the help of the next-generation blockchain, ATP will achieve long-term sustainable growth. Technical analysts hint that APT may have a bright future. The 2025 forecast shows that in a stable market, APT may rise to a peak of $22, while in a market with less bullish sentiment, APT may rise to the $16 level.

This week is a week of significant market fluctuations. The market direction for the next month or two may be fundamentally set this week. Tomorrow is the U.S. election, and Thursday is the Federal Reserve's interest rate meeting. The election will definitely impact the short-term market, and volatility will increase. However, looking at the long term, whether Trump or Harris is elected, the market will follow its original trend, and there will be no significant impact on BTC! Much of the talk is just noise; the means of getting into office are just that!
During the weekend, BTC continued to decline with slight volume, dropping to around 67,500 at its lowest. This round of adjustment is related to the upcoming election, and it's still tense; it's hard to judge who has a higher chance of winning. Currently, the 4-hour level adjustment is approaching completion, and a 4-hour low divergence has formed. An intraday rebound is expected. It's recommended to be cautious and observe for a day, and consider entering after there are clear signals from the election!

The probability of a 25 basis point rate cut by the Federal Reserve in November is 98.9%
According to CME's 'FedWatch': The probability of the Federal Reserve cutting rates by 25 basis points in November is 98.%, and the probability of maintaining the current rate is 1.1%. The probability of maintaining the current rate in December is 0.2%, the probability of a cumulative cut of 25 basis points is 17.1%, and the probability of a cumulative cut of 50 basis points is 82.7%.
The volatility of stock options has been rising for most of October
According to Bloomberg, just before the fiercely competitive and undecided U.S. election, options traders across various markets seem to be reducing risk in preparation for more volatility. Despite the market's lack of significant fluctuations, the volatility of stock options has been rising for most of October, as the market is not only anticipating the upcoming election but also the earnings season and the Federal Reserve's interest rate decisions. In the final days before voting, the competition between Kamala Harris and Donald Trump is unpredictable.

BTC is still going well! After all, a good increase has always been accompanied by a certain depth of correction, so that it can accumulate power for better growth!

The bottom of the daily level gradually rises and forms an upward trend line. As long as it does not fall below the upward trend line, the market is still positive and bullish. When the correction ends, the next wave of market will definitely set a new high!
The decline in recent days: The decline of Bitcoin is reasonable, and the callback has not exceeded 0.618. The market is still positive and bullish! As for: altcoins, they may rotate during the BTC bull market. After all, there are more and more currencies in the sectors from the last bull market to this bull market. The whole market has not reached a consensus, and there is no large amount of capital support to make the whole market enter the bull market stage!

Last week's closing formed a shooting star, which is a bearish pattern. The large-volume bullish line indicates that there is strong pressure above. After testing once and hitting near the previous high, it encountered severe selling pressure. Currently, it continues to return to the parallel channel, and there will be a short-term demand for a pullback. After the pullback ends, it is highly likely to continue testing for historical highs.

After breaking out of the parallel channel on October 28, it surged to near the historical high of 73,600. On the 30th, it formed an engulfing line and faced selling pressure, returning near the parallel channel. This morning it formed a bearish hammer line, with weak stopping effect and no other obvious stopping signals yet. 65,103 is the neckline; observe whether there are significant signs of a stopping reversal in subsequent pullbacks.

If Trump loses, will Bitcoin fall to $50,000?
Let me say the conclusion first: I think it is highly unlikely.
If Trump is not elected, it may lead to a short-term correction in Bitcoin, but it won't have a significant impact on the long-term trend.

Because the rise and fall of the market is more about emotions and capital competition, rather than purely determined by the election results.
The key still lies in economic and monetary policy; the Federal Reserve is now following a medium to long-term easing route.
So even if Trump is not elected, the trend of monetary easing in the market still exists, which is good news for Bitcoin.

After Bitcoin dipped to a low of $67,450 late last night, it saw a strong near-term rebound. This morning (the 4th), it peaked at $69,350. What major economic events should we pay attention to this week?
Bitcoin was very weak over the recently concluded weekend, dipping to a low of $67,450 late last night, marking the lowest point in nearly 7 days. The decline was attributed not only to the failure of last week's earnings reports from the seven major U.S. stocks to gain investor support, but also the choice to exit before the election to avoid potential volatility, which may be one of the main reasons for the market downturn.
However, after a brief spike in BTC, Bitcoin has temporarily shown a strong near-term rebound, peaking at $69,350 this morning (the 4th), rising 2.7% within 6 hours. At the time of writing, it has retraced to $68,637. What major events this week could impact the price of cryptocurrencies? Let’s take a quick look.

In the past week, the cryptocurrency market has experienced severe fluctuations, with Bitcoin facing massive sell-offs, causing its price to rapidly decline, breaking through the key integer levels of $73,000, $72,000, and $71,000, and finally dropping below $70,000 to a low of $68,272 per coin.
Other cryptocurrencies in the virtual currency market have all experienced significant declines. BAN dropped 35% in 24 hours, SUI dropped 5% in 24 hours, PEOPLE dropped 9% in 24 hours, LISTA dropped 14% in 24 hours. According to CoinGecko, the total market capitalization of cryptocurrencies has fallen below $2.3 trillion, with a 24-hour decline of nearly 2.13%, evaporating over $88 billion (approximately 63.01 billion RMB) in market value.

As 2024 approaches, blockchain payment technology is experiencing a remarkable renaissance in the global financial sector. After a period of relative silence, blockchain payment has returned to the spotlight due to its unique technological advantages and changes in the global financial landscape. This article will explore why blockchain payment has made a comeback and how this trend will reshape the global financial landscape.
The accelerated development of blockchain payments

As we approach the end of 2024, blockchain payments have suddenly accelerated. Many mainstream financial institutions have begun to increase their support for blockchain payments:

October non-farm data showed a significant drop.
Announced value of 12,000 people, data that has never existed in history, very exaggerated. After the data was released, all projects surged by 10%.
According to the release of this data, the United States will enter a recession, forcing the Federal Reserve to cut interest rates by 25 basis points in November, which is a done deal. The probability of a 50 basis point cut is rising, which will lead to further bull market explosions.
Has said more than once.
November 5th election, Bitcoin must rise every time there is a general election.
Interest rate cut on November 6th, continuing to drive the bull market explosion.
Interest rate cut again on December 17th, extending the bull market.

If this market is played this way, can you beat it?

The first step is like a cow turning back, the next step is like a waterfall.
A waterfall in one second may explode in the next.

This feint has caused a lot of counterfeit goods to be in trouble again.

PEPE has fallen so sharply, can it still be fixed now?
Even though PEPE has been having a miserable time recently and has fallen quite hard, don’t forget that it is a guy with great potential and explosive power!
Brothers who are buying at the bottom have to be prepared, because the rebound may come at any time, and you can make three times the profit!

PEPE0.000096 is a critical position. If PEPE can reach this position, the trading volume will definitely rise. Don't hesitate when you see it, act decisively, this is a once-in-a-lifetime opportunity!

The daily chart shows a small bearish candle with a long upper shadow and a short lower shadow, with trading volume one-third higher than the previous day, indicating a decline with significant volume.
The daily MA30 line maintains an upward trend, while the MACD shows weakening upward momentum above the zero axis. If today continues to close with a bearish candle, the MACD fast and slow lines will present a dead cross, posing a risk of further price decline.
U.S. stock markets are closed on weekends, and prices are expected to maintain a narrow range of fluctuations. Attention should be paid to short-term spikes and targeted contract explosions.
The results of the U.S. elections will be announced on November 5, with funds for the BTC-ETF continuing to flow in. Everything is developing in a positive direction, and short-term price fluctuations will not affect the upward trend at the monthly level.

Bitcoin was promised to reach new highs but has dropped below 70,000. Are you brothers scared?
The global market faced 'indiscriminate' selling on Thursday night, including gold, the U.S. dollar, the U.S. stock market, U.S. treasury bonds, and Bitcoin. The market behaved as expected, yet not as expected; what was expected was that BTC did indeed rise in October, but unexpectedly, the spot shitcoins did not rise!
The pressure level for Bitcoin to reach new highs is still significant; after the breakthrough was fruitless, it entered a correction phase, with Bitcoin leading down this morning, causing all spots to drop sharply.
Currently, the price around BTC is about 69,200, and ETH is around 2,500!
Bitcoin slightly corrected following the U.S. stock market last night, which was expected:

In this bull market, Ethereum, the leading public blockchain, has not performed as the market expected. Besides lacking innovation in its ecosystem, its price has continued to decline amidst market FUD.
Additionally, against the backdrop of Bitcoin hitting its previous high, Ethereum's price has not kept pace with Bitcoin's gains, causing the ETH/BTC ratio to continue to decline, currently reported at 0.03613, down 1.12% in the last 24 hours.
Whales long on ETH/BTC have successively capitulated
In this context, on the morning of the 1st, as Ethereum fell below $2500, a whale long on the ETH/BTC exchange rate finally capitulated. Over the past 9 hours, he sold 3987 $WETH (approximately $10.05 million) at an average price of $2519 and exchanged it for $WBTC to repay his loan on AAVE.

FLOKI is likely to break through
The trading price of FLOKI is between $0.00012 and $0.00016, slightly down over the past month. However, signs indicate a bullish reversal is coming. The RSI is close to the oversold level at 43.97, and the stochastic indicator is very low at 5.35, which may suggest that upward momentum is strengthening. If FLOKI breaks through the recent resistance level of $0.0001758, it could climb to the next resistance level of $0.0002112, potentially gaining over 20%. With the altcoin season approaching and the anticipated global cryptocurrency bull market, FLOKI may achieve significant growth in the near future.

2024 may be a 'recovery year'; historically, the year following a 'recovery year' is a bull market.
Zhao Changpeng, during an interview at the Binance Blockchain Week in Dubai, stated, 'I cannot predict the future, but I can analyze history. Historically, Bitcoin has gone through very clear four-year cycles. 2013 and 2017 were bull markets.

However, 2012 was actually a 'recovery year,' and many people do not trace back that far. 2016 was also a 'recovery year,' while 2017 saw a sharp rise. 2020 was similarly a 'recovery year,' and 2021 was a bull market. Based on the existing analysis, 2024 should also be a 'recovery year.' What will happen next year is unclear, but in the long run, I remain very optimistic about the entire industry.

The development of Ethereum in this bull market has been disappointing. Against the backdrop of a sluggish ecosystem and continuously weak prices, the ETH/BTC ratio continues to hit new lows, leading whales long on the ETH/BTC exchange rate to surrender and cut losses.
In this bull market, Ethereum, the largest public chain in the blockchain space, has not performed as the market expected. In addition to the lack of novelty in ecosystem performance, its price has continued to decline amid market FUD.
Additionally, in the recent context of Bitcoin hitting new highs, Ethereum's price has not kept pace with Bitcoin's gains, leading to a continuous decline in the ETH/BTC ratio, which reported 0.03613 just before the deadline, down 1.12% in the last 24 hours.

Bitcoin reversed its weekend bull run on Monday, falling below $68,000.

Paolo Ardoino, CEO of Tether, the issuer of USDT, the world’s largest stablecoin, recently introduced details of USDT’s reserve assets at the PlanB event in Lugano, Switzerland. However, there have been recent allegations that the company is being investigated by the U.S. Department of Justice and the Treasury Department.
Ardoino revealed that Tether holds about $100 billion in U.S. Treasury bonds, more than 82,000 bitcoins, worth about $5.5 billion at current market prices, and 48 tons of gold. He emphasized the robustness of these asset reserves in response to the panic and anxiety caused by a recent (Wall Street Journal) article.

As a decentralized AI trading fund based on Solana, ai16z combines AI agents and community governance, showcasing the innovative potential of AI Investment DAOs.
On the weekend of October 27, the meme project ai16z, draped in the 'a16z concept', attracted widespread market attention, reaching a market capitalization of $80 million just one day after its release. Like GOAT, it not only sparked excitement among the degens but also thrilled many investors, while the underlying DAOS.FUN opened the community's imagination for 'AI Investment DAO'.
What is ai16z?
On the weekend of October 27, a meme token called ai16z rapidly spread in the community, initially seeming like just another concept-hijacking project. Surprisingly, this project received 'endorsement' from a16z founder Marc Andreessen. Marc tweeted, sharing the concept image of ai16z and linking to its official Twitter.