Traps in Bitcoin ETF Selling:
Over the past month, approximately $2.7 billion has been withdrawn from US Bitcoin ETFs — but context is important.
As shown in @JSeyff's chart, this move aligns with the "two steps forward, one step back" trend we've seen throughout the year.
Despite the outflows, they only account for about 1.5% of the total assets under management — meaning 98.5% of ETF investors are still holding firm.
In short: it's just minor rotation, not panic.
#BitcoinETF #BTC #CryptoMarket

Major news from the CFTC: the agency's leadership has just revealed that they are actively working to enable spot Bitcoin trading on U.S. exchanges. This marks another significant regulatory hurdle being overcome on Wall Street's path toward broader cryptocurrency adoption.

The transparent layer combines an active BTC ecosystem, ultimately achieving what we've been waiting for—true interoperability of Bitcoin. The way the Katana distribution ecosystem rewards might just be the catalyst to achieve this goal. Imagine Bitcoin now being able to interact seamlessly across chains, breaking down the long-standing barriers of isolation—it's truly astonishing.

In the short term, I feel somewhat comfortable holding a long position in Bitcoin here... but honestly? The price movement seems a bit constrained before breaking through the 105K level.

Over the past decade, Bitcoin has followed a "simple script": every four years, block rewards are halved, supply tightens, and prices hit new highs. However, with Bitcoin's current trading price above $100,000—down nearly 20% from the October peak of over $126,000—the old story no longer seems to hold.

Breaking News
Analyst: #比特币 is at a "critical turning point," with bottom signals coexisting with early downward indicators
#比特币 $BTC

Look, we are already deep in the bear market zone—just overshadowed by the S&P 500 Index reaching new highs and institutions still bidding on Bitcoin.
Yes, a downtrend is imminent. But it’s not going to be the prolonged bloodbath that everyone expects.

The US BTC and ETH Spot ETF continued to experience net outflows, with a total net outflow of nearly 320 million dollars yesterday.
On November 3rd, according to SoSoValue data, the US BTC Spot ETF recorded a continued net outflow of nearly $187 million over four days on Monday.
Among them, BlackRock's IBIT became the only BTC ETF with a net outflow of nearly 187 million dollars (approximately 1,750 BTC) yesterday, and the total net inflow of IBIT is 64.72 billion dollars.
As of now, the total net asset value of the Bitcoin Spot ETF is 143.51 billion USD, accounting for 6.75% of the total

Bitcoin and altcoins compared
Bitcoin has developed for 17 years, with deep roots that can support it growing into a towering tree. Right now, it is still a small seedling, so there is still a lot of room for growth in the future.
Many alts take a short and quick route; the project parties think about harvesting as soon as they issue, with no real support. So when you see it surge, it's basically the peak, and once you get in, you're likely to be stuck.

The crypto market has seen a slight rise, while the three major US stock indices have recorded gains for the sixth consecutive month.

The recent pullback of Bitcoin has sparked discussions about whether a local bottom is forming, with technical indicators and lunar phase patterns suggesting that a reversal may be imminent.

Bitcoin is essentially an end-to-end electronic payment system defined by a White Paper released in 2008 by an individual or group known as Satoshi Nakamoto after the mortgage crisis. Another answer to what Bitcoin is would of course be "the first crypto asset" and "the first decentralized Blockchain network"!

Google's AI model has issued a bold outlook for the crypto market this quarter, predicting that Bitcoin, Solana, and XRP are all expected to set surprising historical highs this quarter. Although the "Uptober" rally in October was hampered by Trump's announcement of a 100% tariff on Chinese imports, given that Bitwise and Grayscale's Solana, Litecoin, and Hedera Spot ETFs were approved today, and the market generally anticipates that tomorrow's FOMC meeting will lead to another interest rate cut, analysts widely expect that the market may see a significant flippening. Google

The crypto assets market is experiencing a significant turning point, as the world's top financial institution, JPMorgan Chase, officially announces its entry into the cryptocurrency lending sector. This move signifies that Bitcoin (BTC) and Ethereum (ETH) are no longer merely digital assets, but are recognized as collateralized hard currency by top international banks.
Starting today, institutional clients can use BTC and ETH as collateral for loans. This means that cryptocurrency holders can obtain liquidity without having to sell their digital assets, realizing an innovative model of "l

[Chain News] PANews reported on October 26 that, according to analyst monitoring, Strategy suggested increasing BTC holdings, causing the Bitcoin price to surge again to around 112,700 USD. "100% Winning Rate Whale" now has unrealized losses of 1.85 million USD on the opposing position, and it is important to note that their liquidation price is 116,903.9 USD, which is approximately 4,100 USD away from the current price.

According to Deep Tide TechFlow news, on October 24, as monitored by Lookonchain, as of the time of writing, today, 10 Bitcoin ETFs had a net inflow of 144 BTC (worth $15.81 million), while 9 Ethereum ETFs had a net outflow of 49,364 ETH (worth $193.01 million).

#比特币市场分析 According to the latest market data, the important support area for Bitcoin is concentrated between $106,000 and $107,000. This range is formed by the realization prices of short-term holders who have held for 1 to 3 months and the 200-day moving average. If this area is broken, the next key support level will be the annual moving average near $100,000. Currently, the market structure still leans bullish, but it is necessary to closely monitor the performance of these key price levels. It is recommended that investors follow the large capital flows and net inflow data from exchanges

The article discusses the reasons for the rise in gold prices, mainly including the continuous purchasing of gold by various Central Banks, the devaluation of the US dollar, and the impact of stablecoins on US debt. Gold is seen as a safe-haven asset, and due to physical demand exceeding Delivery volume, its price has risen. In contrast, the outlook for Bitcoin is relatively unclear, as it has not yet reached the status of "digital gold." The author suggests following the gold market and believes that a short-term pullback may be a good opportunity for long-term purchases.

At a delicate balance point. Although some positive signals have emerged, investors still need to cautiously follow the developments in the global political and economic situation, as well as their potential impact on the financial markets.