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10x Research: Market Turns Cautious on Fed's Future Rate Cut Expectation, Risk Asset Demand Suppressed

2 days ago

On November 2nd, 10x Research issued an article stating that "Bitcoin (BTC is currently beneath the 7-day moving average: bearish, beneath the 30-day moving average: bearish, with a +1.8% price increase over the past week) declined following a speech by a Federal Reserve official. This led to the market becoming more cautious about future rate cuts, thereby suppressing the demand for risk assets. MicroStrategy reported its quarterly earnings. It benefited from its Bitcoin holdings, which further strengthened institutional demand. The progress of U.S. crypto legislation and ETF applications continues to support the long-term bullish sentiment for Bitcoin. In the macro environment and the influence of institutional funds, BTC fluctuates around $110,000, and its price movement is clearly affected by policies and capital flows."
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The US Government Shutdown Continues, on the Brink of Breaking the 35-Day Record

November 5th. On November 4th in local time, the U.S. Senate once more failed to pass a temporary government funding bill. This indicates that the current round of federal government "shutdown" that started on October 1st is on the verge of breaking the historical record of the 35-day shutdown from the end of 2018 to the beginning of 2019 and is likely to become the longest government shutdown in U.S. history. (Golden Ten)

3 hours ago

Bitcoin Continues to Drop, Falls Below $101,000

On November 5th, based on HTX market data, Bitcoin has fallen below $101,000 and is currently trading at $100,954, indicating a 24-hour decrease of 2.29%.

3 hours ago

「1011 Insider Whale」 Faces Over $2.7 Million in Unrealized Losses on Hyperliquid

On November 5th, as per the monitoring of LookOnChain, the "1011 Insider Whale" incurred a long position loss of more than $2.7 million on Hyperliquid.

3 hours ago

Bitcoin Falls Below $102,000, Causing $177 Million in Liquidations Across the Network in Just 1 Hour

On November 5th, based on HTX market data, Bitcoin dropped below $102,000 and is currently trading at $101,854, with a 24-hour decline of 1.29%. Moreover, as of the moment of writing, a total of $177 million was liquidated in the past hour, and the long liquidations accounted for $161 million.

3 hours ago

「Former 100% Win Rate Whale」 Reduces Positions: 9000 ETH Long and SOL Long

On November 5th, as monitored by Hyperinsight, the "Front-Running Whale with 100% Win Rate" decreased its long position in ETH and SOL by 9000 coins each within 10 minutes and is still reducing its position in small amounts. As of the time of writing, its overall long position is at an unrealized loss of $19.63 million. The position size is $116 million.

3 hours ago

U.S. Secretary of Labor: Will Release Bureau of Labor Statistics Report Upon Government Return to Work

On November 5th, US Labor Secretary Delmer stated: The report of the Bureau of Labor Statistics will be made public when the government resumes its operations, and no other data can be disclosed prior to that. (Xinhua)

3 hours ago