CURRENTLY, THE TOTAL MARKET VALUE OF ENCRYPTED CURRENCIES IS $3.71 TRILLION, WITH BTC ACCOUNTING FOR 59.3 PER CENT AND $2.2 TRILLION。Stable currency market value $30.7 billionTHE DECLINE OF 0.59 PER CENT IN THE LAST SEVEN DAYS IS NOTEWORTHY, WITH THE NUMBER OF STABLE CURRENCIES SHOWING NEGATIVE GROWTH THIS WEEK, WITH USDT ACCOUNTING FOR 59.69 PER CENT。

CoinMarketCapMost of the first 200 projects have seen a slight increase, including:ZECTHE INCREASE WAS 58.98 PER CENT ON 7TH, 57.8 PER CENT ON 7TH, 47.23 PER CENT ON 7TH, 79.8 PER CENT ON 7THHNTThe increase was 29.57 per cent on 7 days。

THIS WEEK, UNITED STATES-BASED SPOT ETF NET OUTFLOWS OF BITCOIN: $800 MILLION; UNITED STATES-BASED SPOT OF ETF: $16.4 MILLION。

 

Market projections(3 November-7 November):

THE RSI INDEX CURRENTLY STANDS AT 46.56 (NEUTRAL), THE FEAR OF GREED INDEX AT 32 (LESS THAN LAST WEEK, BETWEEN FEAR AREAS) AND THE MOUNTAIN SEASON INDEX AT 43 (LESS THAN LAST WEEK)。

BTCCore: $107,000-112,000

ETHCore: $3,600-4,100

SOLCore: $175-205

 

THE FED’S 25 BASE POINTS FELL THIS WEEK AS SCHEDULED, BUT POWELL’S “HAWKS” ATTITUDE TO THE DECEMBER INTEREST RATE DECLINE HAS HAD SOME IMPACT ON THE MARKET, WITH SOME OF THE LONG-STANDING PLAYERS CLOSING THEIR PROFITS, LEADING TO A “BUY-A-EXPECTED SALE” SITUATION IN THE MARKET, WITH THE LATTER FOCUSING ON THE NEW RHETORIC AFFECTING INTEREST-RATE RESOLUTIONS AND THE INFLOW AND OUT-FLOW OF AVAILABLE ETFS, WHICH ARE THE CORE VARIABLES OF THE MARKET, WHICH IS AT A CRITICAL TECHNOLOGICAL NODE, AND NEXT WEEK IS A PERIOD OF SHOCK AND CHOICE。

 

For long-term investors, the core idea is to ignore short-term noise and focus on long-term values and trends。

For short-term traders, next week will be a key technology game, requiring a more flexible and responsive response. In cases where direction is uncertain, it is important to maintain a low or even zero leverage and to avoid being forced to calm down by violent fluctuations。

I understand now

Looking back at the big event of the week

1. On 27 October, local time, on 26 October, the Central American Economic and Trade Team concluded two days of consultations in Kuala Lumpur, Malaysia. Reuters claims that this is the fifth face-to-face consultation of the American-American trade team since May this year. At the end of the talks, United States finance minister Besent, in an interview with the media, stated that after two days of talks in Kuala Lumpur, the parties had reached a "very substantial framework agreement" and that the United States had "not considered" a 100 per cent tariff on China

2. On Monday, 27 October, when open, the spot gold jumped at a large low of $40 and rebounded and was reported at $4102/ounce

3. On 26 October, the United States and Thailand joint statement stated that the United States would maintain a 19 per cent tariff on Thailand. Thailand will remove some 99 per cent of tariff barriers on commodities, covering all industrial and food and agricultural products in the United States

4. ON 28 OCTOBER, GMGN OFFICIALLY WROTE IN SOCIAL MEDIA THAT "A COMPREHENSIVE SECURITY AUDIT WAS IMMEDIATELY INITIATED IN RESPONSE TO RECENT FALSE RUMOURS OF HACKING OF GMGN, RESULTING IN THE LOSS OF USER FUNDS. IT IS NOW CONFIRMED THAT THERE ARE NO SECURITY ISSUES ON THE PLATFORM AND THAT USER FUNDS ARE SECURE.”

On 28 October, according to official sources, Coinbase Global's fully-funded investment management agency, Coinbase Asset Management (CBAM), announced today the establishment of a strategic partnership with Apollo (New York Stock Exchange Code: APO) to launch a credit strategy programme based on a stable currency. This will build bridges between the three main areas of stable currency, private credit and asset monetization, with the aim of opening up high-quality credit opportunities in a rapidly expanding stable currency ecology

6. On 29 October, The Block reported that Visa would receive payments of four stable currencies in four separate block chains, which could be converted into two targeted statutory currencies and could be converted again to more than 25 traditional statutory currencies

7. On 30 October, according to sources quoted by Reuters, OpenAI was preparing for the IPO, with a possible valuation of up to $1 trillion. Informed sources reveal that companies are considering submitting documents to regulators as early as the second half of 2026, with a minimum funding of $60 billion, and that valuation and timing will depend on business growth and market conditions. OpenAI CFO Sarah Friar stated to some that the company ' s goal was to be listed in 2027

8. On 30 October, according to Axios, sources revealed that Consensys, the parent company of MetaMask, had hired JP Morgan and Goldman Sachs to lead its first public collection unit (IPO). It was understood that the IPO could be performed at the earliest in 2026, but no details of the size and valuation were disclosed

9. On 31 October, researchers of the Taifung Foundation officially set a date for their main network, hard-division fork "Fusaka". On Thursday, at the "All Core Developers" conference, Fusaka, according to a researcher from the Taifeng Foundation, will be on line on 3 December

10. On 31 October, CNBC reported that the Coinbase Q3 financial report had performed over expectations and that Q3 ' s net profit had increased from $75.5 million (28 cents per share) to $432.6 million ($1.50 per share) over the same period last year. Each share of the proceeds exceeds the expected amount of $1.10 by consensus of analysts aggregated by the London Stock Exchange Group

11. On 31 October, Bloomberg reported that Strategy had released an Q3 financial statement after the United States stockboard, driven by unrealized gains from its approximately $69 billion in encrypted currency stock appreciation, and that it had achieved a net profit of $2.8 billion in the current quarter。

Macroeconomics

1. On 29 October, the Central Bank of Canada reduced the base rate by 25 basis points to 2.25 per cent for the second consecutive reduction, in line with market expectations

2. ON 30 OCTOBER, THE FED FOMC ANNOUNCED THAT THE BALANCE SHEET REDUCTION WOULD END ON 1 DECEMBER. (CURRENTLY $5 BILLION IN DOLLAR DEBT AND $35 BILLION IN MBS

3. On 30 October, the Federal Reserve revised the base rate downwards by 25 basis points to 3.75 per cent to 4.00 per cent for the second consecutive meeting, in line with market expectations

4. On 31 October, according to the Federal Reserve Interest Rate Monitor, the probability of a reduction of 25 basis points in December was 60.8 per cent。

ETF

According to statistics, between 27 October and 31 OctoberUS BITCOIN NET ETFOUT: $800 MILLION; AS AT 31 OCTOBER, A TOTAL OF $24,638 MILLION HAD BEEN RELEASED FROM GTTC, WHICH CURRENTLY STANDS AT $18,833 MILLION, AND $88,421 MILLION FROM IBIT (BELED). THE TOTAL MARKET VALUE OF THE AVAILABLE BITCOIN ETF IN THE UNITED STATES IS $149.0 BILLION。

U.S. ETHERPORT NET ETFInput: $16.4 million。

Seeing the future

Activity forecast

1. Bitcoin MENA will be held from 8 to 9 December at the Abu Dhabi National Exhibition Centre (ANNEC)

2. Solana Breakpoint 2025 will be held in Abu Dhabi from 11 to 13 December。

Project progress

1. The first online item on the YGG Play Launchpad platform is the level of loyalty and reward currency in the game LOL Land, which will be officially on line on 1 November and open in DEX

2. Monad ' s deadline for airdrops is 3 November。

Significant events

1. NASDAQ APPLIED TO AMERICAXRPI don't knowSOL, ADA, XLM TO BE ADDED TO THE ENCRYPTED CURRENCY INDEX, WITH THE FINAL DECISION EXPECTED BY 2 NOVEMBER

2. The relevant trial date for the bitcoan private wallet Samourai Wallet has been set at 3 November 2025。

Currency Unlock

1.Sui(SUI) THE LOCK WILL BE UNLOCKED BY 1 NOVEMBER IN 4,396,000 TOKENS VALUED AT APPROXIMATELY $103 MILLION, OR 1.21 PER CENT OF CIRCULATION

2.EigenClaud(EIGEN) THE LOCK WILL BE UNLOCKED BY 1 NOVEMBER IN 3,682,000 TOKENS VALUED AT APPROXIMATELY $33.99 MILLION, OR 12.10 PER CENT OF CIRCULATION

3. On 2 November, Omni Network (OMNI) will unlock 79.9 million tokens worth approximately $17.34 million or 30.30 per cent of circulation

I'm sorry.MemecoinON 3 NOVEMBER, 3,450 MILLION COINS WORTH APPROXIMATELY $5.23 MILLION, OR 5.98 PER CENT OF CIRCULATION, WILL BE UNLOCKED。

About us

Hotcoin Research, as the core investment agency of the Hotcoin Exchange, works to transform professional analysis into your operational tool. We've analyzed the market for you through the Weekly Insight and the Insight, and we've identified potential assets and reduced trial error costs through the exclusive " Hot Currency Selecting " (AI+ Dual Screening by Experts). Every week, our researchers will also meet you face-to-face, reading hot spots, predicting trends. We believe that warm company and professional guidance can help more investors cross the cycle and take advantage of the value opportunities of Web3。

Risk tip

The encrypted currency market is more volatile and investments carry risks themselves. We strongly recommend that investors invest in strict risk management frameworks based on a full understanding of these risks to ensure financial security。