ChainCatcher news, Bitget CEO Gracy Chen stated on Twitter that several metrics for Bitget exchange, including trading volume, open interest, and daily active users, reached all-time highs yesterday, nearly doubling from previous peaks. According to Coingecko data, Binance ranked first in 24-hour contract trading volume at $179.4 billion, while Bitget came in second with $77 billion, followed by OKX and Bybit in third and fourth places, with $76.1 billion and $75.6 billion, respectively.

ChainCatcher message, Lookonchain posted on platform X that, based on indicators such as the rainbow chart, Relative Strength Index (RSI), 200-week moving average heatmap, cumulative value of destroyed coin days (CVDD), and the 2-year MA multiplier, although Bitcoin has reached an all-time high, it has not yet reached the peak level of a bull market.

ChainCatcher news, according to Jinshi reports, although it is still too early to draw conclusions about the White House race, as many key battleground states have yet to determine a winner, there are clear capital flows in various fields from the government bond market to betting websites, indicating that Trump is not far from victory.The yield on the U.S. 10-year government bonds has risen by nearly 20 basis points, while the yield on Australian equivalent bonds has increased by nearly 12 basis points. The dollar has strengthened, and the stock market has generally performed well. Craig Waddy, head of fixed income at BlackRock, stated that the interest rate market is "bear steepening," which is the trend under the expectation of a Trump victory.

ChainCatcher news, ARK Investment Management believes that technological innovation, particularly artificial intelligence and blockchain technology, could play a key role in revitalizing the global economy.As inflation shifts to deflation in multiple sectors, ARK Invest believes that robotics, energy storage, artificial intelligence, blockchain, and multi-OMIC (biological analysis) sequencing may have a significant impact on macroeconomic indicators in the next five to ten years. Catherine Wood stated that interest rates may be lower than expected, which could amplify the gains of certain stocks and enhance the demand for diversified artificial intelligence investments.

ChainCatcher news, Vitalik Buterin asked under Elon Musk's tweet about Tesla Robotaxi and Robovan: "What are the CO2 levels or other air quality metrics when the Robotaxi and Robovan are fully loaded with passengers?"

ChainCatcher news, 10x Research stated in its latest report that the crypto market is undergoing some significant changes. While short-term concerns are evident, larger trends may soon overshadow these worries. Last night's market adjustment may have stemmed from weak economic data from China, indicating a need for additional stimulus measures.As a result, speculative traders may have shifted from Bitcoin to Chinese stocks for higher beta exposure. There are also concerns about the weakness at the beginning of the month. Additionally, Bitcoin's short-term technical indicators appear to be overbought.

ChainCatcher news, according to Jinshi reports, European Central Bank President Lagarde stated that it will not wait until all indicators reach 2% before cutting interest rates.

ChainCatcher news indicates that Ethereum derivatives market indicators show that investor sentiment is becoming optimistic. CryptoQuant's research director Julio Moreno stated that the 30-day moving average of the funding rate has turned positive, suggesting that futures traders' bullish sentiment is strengthening.Moreno pointed out that this upward trend follows a long-term decline, indicating that market participants may be turning more optimistic.Coinglass data shows that since the Federal Reserve cut interest rates on September 18, the open interest weighted funding rate for Ethereum has been on a positive trend, currently at 0.0089%. QCP Capital analysts also noted an improvement in funding rates on major exchanges, believing this is related to the recent rate cuts. Since the Federal Reserve lowered the federal funds rate by 50 basis points on September 18, the price of Ether has increased by over 17%, outperforming Bitcoin's 10% increase during the same period.

ChainCatcher news, cryptocurrency research institution 10x Research has released its latest market analysis report, indicating that Bitcoin prices have rebounded as expected in its Monday market update, following a sharp decline last week. Currently, Bitcoin prices are up 6%, reaching $57,600, close to the previously predicted target of $58,000. 10x Research emphasizes that trading Bitcoin has become more challenging in the current environment lacking a clear bull market. On-chain analysis shows that the bull market cycle has shortened, but there are still opportunities for disciplined traders who can accurately predict macro events and adapt to the ever-changing Bitcoin market structure.The institution states that this rebound prediction is based on three key factors: extreme bearish sentiment, the recovery of reversal indicators, and upcoming tactical catalysts. Among these, two of the three reversal indicators have recovered from severely oversold levels, suggesting the possibility of a short-term rebound and counter-trend rally. Meanwhile, 10x Research believes that these upcoming catalytic events may force bearish traders to close their positions, while other traders may establish new bullish positions before and after these events.

ChainCatcher news, CryptoQuant analyst Grizzly's latest research shows that the Bitcoin Puell Multiple is currently in a critical decision zone. The indicator fluctuates between 0.6 and 0.8, suggesting that Bitcoin may be approaching a favorable buying level.Grizzly points out that data from the past decade indicates that when the Puell Multiple falls below 0.6, it typically represents an ideal time to implement a dollar-cost averaging (DCA) strategy. Conversely, a breakout above 0.8 is often associated with bullish market conditions, frequently driving Bitcoin prices to new all-time highs.Currently, the index is fluctuating between these two critical values. If historical patterns repeat, a drop below 0.6 may once again provide investors with a favorable buying opportunity.

ChainCatcher message, CryptoQuant analyst Grizzly stated that historical data indicates the Bitcoin Puell Multiple index in the range between 0.6 and 0.8 can be described as the "Decision Zone."Analysis of the trends over the past decade shows that when the index falls below the 0.6 threshold, it typically represents an ideal opportunity for dollar-cost averaging (DCA) strategies. Conversely, historically, breaking above the 0.8 level is associated with bullish market behavior, often pushing Bitcoin prices to new historical highs.Currently, the Puell Multiple index is fluctuating between these two critical levels. If historical patterns hold, a bearish scenario where the index drops below 0.6 may once again provide favorable buying opportunities for investors.

ChainCatcher message, Lookonchain posted on social media that five indicators can be used to observe whether Bitcoin has reached its peak:The rainbow chart is a long-term valuation tool that uses a logarithmic growth curve to predict BTC's potential price direction in the future. The new Bitcoin Rainbow 2023 chart shows that BTC is still very cheap;Relative Strength Index (RSI) chart ≥70: BTC is in an overbought state and may soon decline. ≤30: BTC is in an oversold state and may soon rise. The current RSI is 61.87, and compared to previous data, BTC does not seem to have peaked yet;The 200-week moving average heatmap shows the current price point in blue, indicating that the price peak has not yet been reached, making it a time to hold and buy;Cumulative Value Days Destroyed (CVDD), when the BTC price touches the green line, the BTC price is undervalued, indicating that it is a good buying opportunity. The current CVDD shows that BTC's peak does not seem to have been reached yet;The annual moving average multiplier shows that BTC's price is between the red line and the green line. It has not yet touched the red line, and the market has not peaked.

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated in an interview with CNBC that the current policy is the tightest moment of the entire interest rate hike cycle. He supports the Federal Reserve's new focus on the labor market, as inflation is moving towards the 2% target. All the conditions we hope to achieve for rate cuts have been met, and nearly all indicators show that the labor market is cooling down. The Federal Reserve's forecasts indicate broad support for rate cuts.

ChainCatcher news, according to Coindesk, the latest report from crypto analytics firm CryptoQuant shows that Bitcoin demand indicators have significantly slowed since early April, even dropping to negative values this month, raising concerns in the market about Bitcoin's short-term prospects.Despite the launch of several Bitcoin spot ETFs in January this year, their popularity is cooling down. Data shows that the average daily purchase volume of Bitcoin spot ETFs plummeted from 12,500 units in March (when Bitcoin's price was above $70,000) to just 1,300 units last week. Since their launch, Bitcoin ETFs have attracted a net inflow of $17.5 billion, but the growth rate has clearly slowed. The total holdings of large Bitcoin investors have also decreased from a monthly growth of 6% in March to the current 1%.However, there are still positive factors in the market. Long-term holders (wallets holding for more than six months) continue to accumulate Bitcoin at record levels, with their total balance reaching a monthly high of 391,000 BTC this week. At the same time, the total market capitalization of stablecoins has climbed to a historic high of $165 billion, which typically indicates increased liquidity in the crypto market and could trigger a price increase.