#BTC走势分析 From the current market data, after dipping to the support level of 106500 yesterday, the price quickly rebounded and broke through the 110000 integer level again, currently stabilizing around 109000. The support below is gradually moving up, while the pressure range continues to converge, and the upward space is gradually opening up. Long positions are showing strong momentum, and the overall trading strategy remains focused on pullbacks to go long. Observing the four-hour cycle chart, the Bollinger Bands continue to maintain a trading range oscillation pattern. The current price has effectively broken through the middle band resistance, with the Candlestick showing a series of bullish attacks; the MACD indicator shows that the bullish signal is becoming stable, accompanied by gradually released volume. The KDJ indicator has also formed a golden cross pattern and continues to diverge upwards, further confirming that the current bullish momentum is dominant. It is recommended to maintain a low long strategy and pay attention to entry opportunities after pullbacks. Trading suggestion:
Bitcoin: Can go long near 109500, target at 112000
Not investment advice!!!!!

Crypto market headlines: Financial mergers and AI payments open a new chapter in encryption.
1. FX plans to acquire 21Shares: Institutional encryption finance integration accelerates.
According to The Wall Street Journal, crypto trading giant FX is planning to acquire the globally renowned crypto ETF management company 21Shares. If the deal is completed, it will become one of the largest mergers and acquisitions in the crypto financial industry by 2025.
This acquisition reflects that traditional institutional asset management is fully extending into digital assets.
21Shares, as one of the first companies to launch crypto ETFs, offers products covering various mainstream assets such as BTC, ETH, and SOL, and has a strong influence in both the European and American markets. The involvement of FX marks its transition from merely facilitating trades to becoming a "comprehensive digital asset investment bank," controlling the complete ecosystem from trading, custody to ETF issuance.
👉In-depth analysis:
This move signifies that institutional funds are accelerating the financialization of encryption assets. The maturation of the ETF structure will provide compliant channels for more pensions, family offices, and sovereign funds to participate.
It is expected that in the next 12 months, the scaled expansion of crypto ETFs will become one of the key growth engines of the global encryption capital market.
2. Cb launches AI payment tool: AI begins to "autonomously use wallet"
Cb announced the launch of Payments MCP, allowing large language models to directly access encryption wallets and execute on-chain payments.
This tool is launched by the Cb developer platform, supporting local deployment and custom operations. Through a natural language interface, it allows AI to perform stablecoin payments or DeFi interactions like human users.
This innovation resonates with the x402 Foundation previously launched by Cb in collaboration with Cloudflare, aimed at promoting decentralized standardization of AI payments.
👉In-depth interpretation:
The transformation of AI from a "passive executor" to an "active economic participant" will trigger three major changes:
1. Payment system reshaping: AI can directly participate in micropayments, subscriptions, and cross-chain transactions;
2. Agent Economy: AI will become "economic nodes," possessing asset management and trading capabilities;
3. Security and Regulatory Challenges: AI wallets autonomously executing transactions will require stricter identity verification and smart contract regulatory mechanisms.
👉Future trend prediction:
The combination of AI and DeFi may give rise to a new paradigm of "machine finance". Before 2030, AI agents will become one of the main trading entities in the crypto market. #打榜优质内容

Bitcoin pumped last night, but could not hold above the resistance at 111500. In the early morning, it fell again, and the short positions are very strong, so one should not blindly buy the dip.
Currently supported near 107500, there is no significant buying pressure for the time being. To go long, a sideways consolidation to build a bottom is needed, just like yesterday, where a sideways movement establishes a bottom structure before participating in going long.
Note: A sideways market may indicate a bottom formation, or it could be a continuation pattern. We need to wait for a breakout of the bottom structure before participating.
If it directly falls below, it is likely to test the previous low around 104000, without participation.
Support: 107500-104000
Pressure: 111500-113500
The short-term trend of Ethereum is very weak, having fallen since last night until now, with the hourly chart consistently closing in the red, and there hasn't been a single green candle; it's almost all sell orders.
Temporarily not considering buying the dip to go long, currently observing the strength of the rebound support near 3840, and whether it will form a continuation or a reversal after the adjustment.
Support: 3840-3700
Resistance: 3930-4060

The intense fluctuations last weekend, known as the "10.11 crash," must have caused quite a bit of concern for many investors. But don't be too quick to sigh - the market is never short of reversal plots, and right now, a dramatic performance is unfolding where institutional pros are quietly positioning themselves, and technical indicators are frequently showing favorable signs.
First, let’s take a look at how the pros are already taking action. According to on-chain monitoring, BitMine, an Ethereum treasury company owned by Tom Lee, has quietly made three moves since the weekend crash, accumulating nearly 380,000 ETH, worth up to $1.5 billion!
The investment pro who once asserted that "Ethereum will become the pillar of the digital economy" candidly admitted in an interview after the crash that everyone is indeed still "licking their wounds," digesting the aftermath of the leverage shock, but he firmly believes: this is by no means the peak, but rather a short-term bottom, and a rebound is brewing.
Secondly, positive signals are also coming from the technical side. Some market analyses indicate that Ethereum is forming a typical "bull flag" - it’s like preparing for a second sprint after a brief pause.
More importantly, the ETH price is firmly standing above the "weekly average bull market support zone". If it can break through the upper limit of the channel, it is expected to surge to $4500 before the end of October! If the momentum continues, it may even challenge the $5200 mark in November.
It seems that market sentiment has shifted from panic to calm positioning. Meanwhile, the Bitcoin camp is not idle either. The one who always "represents Bitcoin," Michael Saylor, has once again released a mysterious teaser on social media: "The most important orange dot is often the next one." Those who are familiar with him understand that this most likely hints at the announcement of new Bitcoin accumulation data this week. This pro consistently lets his actions speak for him, and every move he makes stirs market expectations in silence.
When the panic subsides, pro players have begun to lower their heads and pick up treasures. The core viewpoint couldn't be clearer: short-term fluctuations are not necessarily the end, but rather a new starting point. Whether it is the technical form of Ethereum or the real money of the pros, they all suggest that the wheel of the cycle is still moving forward. Don't forget the road ahead due to the wounds; a massive surge is on the way.

How did tariffs become a "black swan" in the crypto world?
Many people are puzzled: tariffs are trade policies, so why do they cause a Waterloo in the crypto market?
01 Risk aversion "voting with feet"
When the black swan of tariff policy strikes the market, crypto world investors' nerves instantly tighten. The prices of mainstream coins such as Bitcoin and Ethereum plummeted within half an hour after the news was released, and the contract market was filled with despair. This spread of panic is essentially rooted in investors' instinctive avoidance of macroeconomic risks—given that the traditional financial market has not yet stabilized, the high volatility of crypto currencies makes them the first targets for sell-offs. On-chain data shows that a large amount of USDT stablecoin flowed into exchanges that day, reflecting that funds are shifting from high-risk assets to stable assets, with investors demonstrating the brutal reality of "voting with their feet" for hedging. At the same time, the panic index (VIX) surged to a nearly six-month high, further confirming the extreme risk-averse sentiment in the market. After Trump's tariff threats escalated, global trade tensions reached a peak, and investors instantly turned to traditional safe-haven assets like gold (which rose 23% during the same period) and the US dollar, while the narrative of Bitcoin as "digital gold" was directly undermined—after all, its volatility is ten times that of gold, and in times of panic, it is naturally subject to frenzied sell-offs.
02 The mining industry chain has suffered a "precision strike".
The U.S. tariff policy strikes at the core of the crypto world mining industry chain. Taking Bitcoin mining as an example, its energy-intensive nature has long been controversial in terms of environmental protection. This recent tariff increase has caused the import cost of mining machines to surge by over 30%, forcing small and medium-sized miners to shut down their equipment. Traditional mining hubs like Xinjiang and Inner Mongolia, which rely on imported mining machines, saw their computing power scale drop by 20% within two weeks of the policy announcement. Even more severe is that mining machine manufacturers have significantly raised end prices to pass on costs, leading to a sudden collapse of the second-hand mining machine market, resulting in many early investors losing their entire investment, creating a vicious cycle of "unsold equipment - sharp decline in computing power - collapse of industry confidence." 90% of U.S. mining companies rely on Asian imports for their mining machines, and after the tariff increase, mining machine costs are expected to soar by 18%. Analysts warn: if tariffs are fully implemented, mining machine prices could replicate the craziness of 2021—rising directly by 5 to 10 times.
03 Policy swings create a "trust crisis"
The U.S. government's regulatory policies regarding the crypto world have always been in a dynamic game of strategy, and this uncertainty is eroding the confidence of market participants. From the "Digital Asset Anti-Money Laundering Act" promoted by the Biden administration to the cryptocurrency tax exemption proposal put forward by the Trump team, the drastic shifts in policy direction have left investors at a loss. Regulatory bodies sometimes categorize stablecoins as securities and sometimes relax compliance standards for decentralized finance (DeFi) platforms. This flip-flopping approach makes the cryptocurrency market feel like a startled bird. Institutional investors are delaying their entry due to chaotic policy expectations, while retail investors are caught in panic trading amidst frequent rule changes, ultimately forming a vicious cycle of "policy introduction - market crash - confidence collapse." JPMorgan has pointed out that the correlation between Bitcoin and U.S. stocks has soared to 0.78, making it a "risk asset appendage."
It is worth noting that when policies loosen, prices rise.
The impact of tariffs has always been a "two-way arrow:"
In April 2024, when Trump used his campaign platform as leverage to publicly announce a suspension of tariffs on certain goods from China, the global financial markets were instantly thrown into turmoil. The crypto world was the first to celebrate, with XRP's trading volume surging by $37 billion within 24 hours and its price skyrocketing by 9.1%, strongly breaking through $2, marking the highest single-day increase in nearly three years. Among them, Bitcoin, as the "stabilizing force" in the crypto world, saw a net inflow of $1.8 billion in funds within 24 hours due to a frenzy of institutional investors, with its price simultaneously soaring by 5.6%, propelling the total market capitalization of the entire crypto world to increase by $120 billion in just one day. The capital markets also responded accordingly, with the S&P 500 index jumping 3.2% at the open, briefly hitting the circuit breaker threshold during the session, and ultimately closing up 4.8%, marking the largest single-day increase since the 2008 financial crisis bailout. Real-time data from Bloomberg terminals shows that global safe-haven funds are withdrawing from traditional safe-haven assets like gold and government bonds at a rate of $230 million per minute, flowing instead into the crypto world and U.S. stock markets.
The current crypto world is no longer a "lawless land." A single tweet from the president or a tariff order can instantly evaporate 30 billion in market value. The butterfly effect triggered by this tariff policy has not only reshaped the short-term market landscape but also made Wall Street analysts exclaim: "Cryptocurrency is becoming a new battleground for macro policy games."