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After last week's global market panic and subsequent recovery, bitcoin rebounded to $86,861. This week, the market will focus on new AI policies, the standoff between bears and bulls, PCE data, and geopolitical events, with intensified competition. Summary generated by Mars AI. The accuracy and completeness of this summary, produced by the Mars AI model, are still being iteratively improved.

Strategy is facing multiple pressures, including a significant narrowing of mNAV premiums, reduced coin hoarding, executive stock sell-offs, and the risk of being removed from indexes. Market confidence is being severely tested.


Most TGE failures are not due to poor products or inexperienced teams, but because their foundations were never prepared to face public scrutiny, competition, and shifts in narrative.

The Trump family's wealth has shrunk by 1 billion US dollars, with ordinary investors becoming the biggest losers.

The Strategy is facing several pressures, including a significant mNAV premium contraction, reduced coin hoarding, executive stock selling, and index removal risk, putting market confidence to a severe test.

This article will review Ethereum's recent performance, provide an in-depth analysis of the current bullish and bearish factors facing Ethereum, and look ahead to its prospects and trends for the end of this year, next year, and the medium to long term. The aim is to help ordinary investors clarify uncertainties, grasp trends, and provide some reference to support more rational decision-making during key turning points.

In Brief Bitcoin rebounded over the weekend, testing the $86,000 mark. Privacy-focused altcoins Monero and Zcash showed notable gains. Total market value surged, crossing the $3 trillion threshold again.

In Brief Crypto markets rebounded amid significant liquidations and oversold RSI signals. Weekend trading conditions with thin liquidity influenced rapid price shifts. The rebound's sustainability remains uncertain, prompting scrutinous investor attention.
- 04:47Vitalik comments on X's "display account country": Positive short-term impact, but disclosing information without consent is wrongJinse Finance reported that Vitalik stated in an article: Regarding this "displaying the country of account origin" feature, my predictions are as follows: In the short term, it will bring many positive effects. In the medium term, those with sophisticated means will find various ways to disguise themselves as users from other countries. For example, by renting someone else's passport, phone number, IP address, etc. Creating one million accounts with fake geolocations is moderately difficult; but creating a single account with a fake location and quickly accumulating a million followers will be very easy. Six months later, those political bot accounts that actually originate from (any Eurasian country)—with names like "Defend Western Civilization"—will all change their location tags to "United States" or "United Kingdom." (The above is what I think will happen, not what I hope for. What I truly hope for is: (i) We can gain a clearer understanding of how people from different communities view various issues, and that such insights are not easily faked; (ii) The "community" here should not be limited to a few highly explicit and easily verifiable identity credentials such as nationality or university degree, but should be a broader, more emergent group identity that can integrate information from multiple sources. But I believe that building such a system that can withstand adversarial attacks is by no means an easy task.)
- 04:12Federal Reserve officials explicitly advocate for rate cuts, with market expectations for a Fed rate cut soaring above 70%ChainCatcher news, after Federal Reserve officials previously publicly disagreed on interest rate levels, market expectations for a Fed rate cut were generally skeptical. However, after New York Fed President Williams made comments supporting a rate cut, market sentiment shifted dramatically, with investors and economists generally believing that the Fed is highly likely to take rate-cutting action in December. Wells Fargo Chief Economist Tom Porcelli stated that the deteriorating labor market is sufficient justification for the Fed to cut rates. Official data shows that the unemployment rate in September has risen to 4.4%, the highest level in nearly four years. Deutsche Bank Chief US Economist Matthew Luzzetti bluntly said that the job market is still "in a precarious state." Vanguard Senior Economist Josh Hirt revealed that his personal judgment that the Fed will cut rates is primarily based on Williams' public remarks last Friday. Williams, as a close ally of Fed Chair Powell, explicitly advocated for a rate cut and stated that "there is still room for further adjustments to interest rates in the short term." This statement directly ignited the financial markets, with rate cut expectations soaring from nearly 40% a day earlier to over 70%. Josh Hirt pointed out that Williams' stance means that the three most influential Fed officials—Powell, Williams, and Fed Governor Waller—all support a new round of easing, forming a "very weighty camp that is hard to shake." Evercore ISI Global Policy and Central Bank Strategy Head Krishna Guha analyzed that the most direct interpretation of "in the short term" is the next meeting (i.e., the December meeting). He believes that signals sent by the Fed leadership "big three" are almost always approved by the Chair. Although consensus for a rate cut is rising, economists still expect some officials to vote against it at the meeting. Boston Fed President Collins and Dallas Fed President Logan have both expressed hesitation about further rate cuts. Former Cleveland Fed President Mester analyzed that Powell may use the December press conference to deliver a key message: this rate cut is an "insurance cut," and the Fed will then observe the economy's response. It is worth noting that due to the government shutdown, the Fed will not be able to obtain the latest employment and inflation data at this meeting.
- 04:12Franklin Templeton XRP ETF approved for listing on NYSE Arca, trading under the ticker XRPZChainCatcher news, according to Cryptobriefing, Franklin Templeton's XRP ETF has received listing approval from the New York Stock Exchange Arca division and has been officially certified by the U.S. Securities and Exchange Commission. The fund will trade under the ticker XRPZ, with an annual fee rate of 0.19% of net asset value. Franklin plans to waive fees for the first 5 billions USD in assets, with the free period lasting until May 31, 2026. Previously, Canary Capital and Bitwise Asset Management launched spot XRP ETFs earlier this month.