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According to monitoring by Glassnode, investors who previously bought at high prices in the Bitcoin market are currently selling off. Data shows that there are two groups currently in a loss state: one group consists of investors who bought at a price of $97,000 one to two years ago, and the other group consists of investors who bought at a price of $89,000 six to twelve months ago.Analysis indicates that investors who entered during the price increase in 2025 are currently selling the most Bitcoin daily, while those who bottomed out during the market decline show a strong willingness to hold and are not selling off in large quantities.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: RED Canids vs Natus Vincere - Demacia Cup Global Invitation Group Stage," the "Yes" option for the sub-market "Both sides kill Baron" has experienced a dramatic fluctuation in winning probability, soaring from 0.5% an hour ago to the current 48% (a fluctuation of 47.5%). Please note the impact of relevant breaking news.

According to Matthew Sigel, the head of digital asset research at investment management company VanEck, Bitcoin is currently in the early stages of a bull market, with strong market performance. VanEck has set a mid-term target for Bitcoin's market capitalization to reach half of gold's market capitalization (approximately $500,000) and believes that in the long term, if Bitcoin can capture a significant share of global energy trade, its price could reach $3 million by 2050.Sigel pointed out that the correlation between Bitcoin and gold has reached a multi-year high, and the continuous inflow of institutional investors through channels such as spot ETFs has provided support for the market. Additionally, Bitcoin mining companies, due to their possession of scarce electricity resources in the AI economy, have seen a significant increase in the value of their mining equipment and energy contracts, providing new opportunities for investors. Regarding the quantum computing risk that the market is concerned about, Sigel stated that while this is a problem that needs to be addressed, the community has already begun to pay attention and actively respond, and this does not constitute a reason to sell Bitcoin.

According to GMGN data, the market capitalization of PAID on Solana has fallen below 6 million USD, down over 88% from its peak market capitalization of 51.61 million USD. The current market capitalization is reported at 5.88 million USD, with a 24H decline of nearly 40%.Market news reminds users that the prices of meme coins are highly volatile, and investors should participate with caution.

According to the New York Times, the negotiations between the United States and Russia regarding the Ukraine issue involve a multi-billion dollar oil deal related to allies of Trump. This deal involves large oil fields, refineries, and gas stations owned globally by Lukoil.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "Counter-Strike: Legacy vs PARIVISION - ESL Professional League Group Stage" shows that the "Legacy" option in the sub-market "Map 1 Round Spread: Legacy (-3.5) vs PARIVISION (+3.5)" has experienced a significant fluctuation in win probability, rising from 38.5% an hour ago to the current 60% (a fluctuation of 21.5%). Please note the impact of relevant breaking news.

Analyst Ali posted on platform X that Bitcoin recently faced resistance at $87,000, during which whales took profits and sold over 30,000 BTC. At the same time, $87,000 is also the upper boundary of the price channel that has been suppressing BTC for more than the past two weeks.Ali stated that in the short term, attention should be focused on the lower boundary of the channel at around $82,500. If BTC falls back to this level and whales begin to accumulate again, it will serve as a confirmation signal for considering buying on dips, with the next rebound target looking towards $87,000.

According to the market intelligence platform Liquid24/7.xyz, the current price of Bitcoin is approximately $84,576. The near-term buy depth for Binance spot BTC is about $13,951,700, with sell orders around $9,896,100, resulting in a net buy of approximately $4,055,600; the perpetual buy orders on Binance are about $32,654,800, with sell orders around $42,534,600, leading to a net sell of approximately $9,879,800; the spot buy orders on Coinbase are about $27,359,400, with sell orders around $21,024,500, resulting in a net buy of approximately $6,334,900.The perpetual buy orders on OKX are about $15,515,700, with sell orders around $14,498,400, resulting in a net buy of approximately $101,300; the perpetual buy orders on Hyperliquid are about $3,601,100, with sell orders around $4,947,000, leading to a net sell of approximately $1,345,900. The perpetual sell orders on Binance are significantly thicker compared to buy orders, while the near-term buy orders on Hyperliquid are the thinnest. If a large market order occurs, the slippage on the Hyperliquid side may be greater.

Illia Polosukhin, co-founder of NEAR, stated that recently the activity of developers within the ecosystem has increased and the development threshold has further lowered, focusing on what kind of applications to build and how to establish distribution channels.In this regard, he proposed a series of potential construction directions, covering AI electronic pets that combine NEAR AI on-chain verifiable reasoning with non-fungible tokens (NFTs), a universal checkout component that supports full-chain intent payments, a decentralized encyclopedia that combines prediction markets with AI-generated content, a privacy off-chain trading (OTC) market based on NEAR Intents and management of anti-liquidation lending and perpetual contracts, a cross-chain activity registration custody tool in the form of a staking deposit, privacy code review agents, enterprise equity structure management tools, Delta neutral strategy management, privacy tracking single transactions based on view keys, end-to-end encrypted medical auxiliary diagnostic systems, privacy voice transcription desktop applications, and AI benchmarking based on private test sets.Regarding product distribution, he suggested combining NEARLegion with community channels like X, achieving multi-chain wallet compatibility through Aurora Intent Connect to lower cross-chain thresholds, and actively expanding across communities and platforms like Product Hunt.

According to monitoring by Lookonchain, a certain whale, after being silent for over a year, deposited 30 million ENA, worth 6.98 million USD, into Binance through BitGo.The whale still holds 157.55 million ENA, worth 36.74 million USD.

According to the market information platform Liquid24/7.xyz, the current price of ETH is approximately $2,676.65. Binance's perpetual near-end buy orders are about $64.7688 million, sell orders about $49.385 million, with a net buy of approximately $15.3838 million; Binance's spot buy orders are about $8.2804 million, sell orders about $6.6202 million, with a net buy of approximately $1.6602 million; Coinbase's spot buy orders are about $10.572 million, sell orders about $6.621 million, with a net buy of approximately $3.9511 million.OKX's perpetual buy orders are about $24.4708 million, sell orders about $21.4952 million, with a net buy of approximately $2.9756 million; Hyperliquid's perpetual buy orders are about $9.4229 million, sell orders about $10.1917 million, with a net sell of approximately $0.7689 million. Overall, Binance's perpetual buy order thickness is the most significant among all venues, while Hyperliquid's buy orders are relatively thin. If a large market order occurs, the slippage on the Hyperliquid side may be greater.

CryptoQuant analyst Axel Adler Jr. stated that in the past 30 days, Bitcoin's realized market capitalization grew by 1.2% (approximately 12.8 billion USD), reaching 1.079 trillion USD on October 2. Compared to a growth rate of 0.66% a month ago, its growth rate has doubled.

According to Blockworks data, Solana processed a record 14.2 billion non-voting transactions in the third quarter, an increase of 45% compared to the second quarter.

Renowned trader Killa posted that he expects Bitcoin's peak this year to reach $97,000, with most of the year remaining below that price level in a range-bound movement.Killa stated that in the short term, $80K-$83K is critical for Bitcoin. If it falls below that, the next possible range will be $74K-$77K. That could very well be the last capitulation bottom before pushing towards $97K.However, if the strength continues, the pullback could be much shallower, possibly only down to the low of $80K, followed by the next wave of increase.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 68, down 3 points from yesterday. The average for the past 7 days is 71, and the average for the past 30 days is 68.

According to the market intelligence platform Liquid24/7.xyz, Coinbase's spot BTC has about 64.84 sell orders at the price level of $85,030, with a nominal value of approximately $5.51 million, which is about 0.40% above the mid-price of approximately $84,689 at that time. The total buy orders on the near-end market are about $28.48 million, while the sell orders are about $20.43 million.Coinbase's spot buy orders net a surplus of about $8.05 million, accounting for 16.46% of the total depth. The sell orders at the price level of $85,030 create significant resistance, and if large buy orders appear, it may exert some pressure on the current price.

Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate did not advance the CLARITY Act, stablecoin platforms retain the space to offer balance rewards to customers, and exchanges like Coinbase continue to hold the advantages of existing state-level licenses and the integration of trading and brokerage services.The U.S. Securities and Exchange Commission (SEC) has issued a five-year exemption for tokenized stock trading, allowing eligible platforms to test using licensed automated market makers and liquidity pools. Hougan listed Securitize, which will serve tokenized funds for BlackRock, Apollo, and KKR, as a beneficiary. SEC staff updated the token buyback guidelines, stating that for networks that are functional and do not have a centralized party, buyback announcements do not constitute a commitment relied upon by buyers for expected profits; this guideline does not have legal effect.