Yi Lihua: Bitcoin’s upside resistance level stands at $86,000, and the bull market trend has already begun.

Breaking news from Dongcha Beating AI: DeepSeek’s new model has seen a huge capability boost, likely thanks to Astra. The Information, citing multiple sources with direct knowledge, reports that DeepSeek’s V4.1-Flash-1017, updated on October 17, and Moonshot AI’s newly released Kimi K3.1 Pro both made extensive use of OpenAI’s GPT-6 Astra outputs for distillation during training. The new DeepSeek model performed particularly well on browser operation tasks: in 180 real web task tests from Browser Use, its score rose from 70.9 in the old version to 75.0, close to Astra’s 77.9. However, its per-question model inference cost is only $0.22, compared to Astra’s $10.77—nearly a 49x difference. Previously, Claude was the main target for distillation among Chinese AI firms. But Anthropic has tightened its safeguards over the past two months, making it far harder to extract the model’s reasoning processes, so domestic labs have turned their attention to Astra. DeepSeek founder Liang Wenfeng was initially reluctant to rely on distillation for V4’s development, but after seeing domestic competitors like Zhipu AI’s GLM make progress via distillation, he ultimately caved to competitive pressure.

Someone created a new wallet, deposited 4M $USDC into #Hyperliquid, and opened a 5x long on 3,000 $XMR ($1.77M).

Bitget has launched its financial report season contract event. During the event period, users who complete designated US stock contract trading tasks will receive a lucky mystery box. The mystery box prize pool includes USDT position experience vouchers and multiple popular token rewards, with a single maximum prize of 0.3 ETH. The winning rate is 100%, and prizes are limited in quantity, distributed on a first-come, first-served basis. Additionally, the event features a trading leaderboard competition: the top 200 users by cumulative trading volume will split a 20,000 USDT prize pool, with the champion taking home 3,000 USDT. The event runs from October 28 to November 7. For more details, please refer to Bitget’s official platform.

According to monitoring by Onchain Lens, World Liberty Financial has transferred 156.31 million WLFI tokens to Binance, Gate, Coinbase, and MEXC, valued at approximately $8.06 million, with the transfer suspected to be for sale. Related address: 0xFef30c262676dE9AF5e5E9Ba999cF774000b14B4

According to Lookonchain's monitoring, a newly created wallet deposited 4 million USDC into Hyperliquid and opened a long position of 3,000 XMR with 5x leverage, with the position valued at approximately $1.77 million.

Beating AI News Flash: OpenAI’s 28-day product sprint has reached Day 24. Today, the company added SMS functionality to its "dot" tool. Users can assign tasks to dot via iPhone’s iMessage or Android’s Google Messages app, just like messaging friends, with support for text, photos, and voice notes. Dot can also proactively send updates on task progress. The feature is currently being rolled out for testing exclusively to ChatGPT Pro users in the U.S.