The recent market conditions have been really tough. The AI Cryptocurrency Trading competition just ended, and even DeepSeek only made a 5% profit. Many AI models have lost everything. The greed index has fallen to over 20! Should we be greedy now, or follow the fear?

Looking to the future, there are several factors
(1) The U.S. government shutdown now has a turning point, as senior officials from both parties have released signals for a restart for the first time.
The US government has been shut down for more than a month now, and it is expected to resume operations by mid-November. One of the factors that the market has been panicking and worried about has been resolved.

(2) The average cost of BTC
Currently, BTC is falling near the 100-day average price, with profits only from ancient whales.
The overall network hash rate continues to rise, and we can see that miners are still investing money in their layout.

(3) Future Interest Rate Cuts
The American business community, congressional members, and former government officials have joined forces to "suppress" Trump, all to eliminate tariffs! At the same time, the United States has reached agreements with several countries to reduce tariffs. These measures are beneficial in lowering prices and reducing inflation, which is favorable for interest rate cuts in 2026.

BTC
Yesterday, Bitcoin perfectly retraced to the ascending trend line and then rebounded, closing above 106300. So overall, the market's pullback is not significant. However, the altcoins led by your repair vehicle plummeted straight down. Overall, the position of 103000 cannot be broken; if it breaks, it means the market is over. Looking at intraday, if 106300 holds, there will be a small-level rebound, with attention on 107900. Support is at 106300-105400, and resistance is at 108000-108400.

ETH
Ethereum has entered a downtrend, and the weekly level has reached the corresponding support. Currently, attention should be paid to market sentiment, and intra-day focus should be on whether 3685 can hold. If it cannot hold, we need to be cautious of another drop, with support at 3555-3380 and resistance at 3685-3785.