Click on the link to enter the meeting: https://meeting.tencent.com/p/9309732027 BTC: With the implementation of the Federal Reserve's new interest rate cut, the market has once again shown a significant downward trend. The pancake has been inserted to the 99000 position, not far from falling below 100000. The overall structural trend of the daily chart level of Da Bing conforms to the logic of the three top structure operation. The daily chart level is the top market, and there is a large downward space in the future. At present, the decline is still within the normal downward space. The support of 100000 yuan for Da Bing is still strong, and there is a high probability of an effective pullback confirmation stage at the current position. The upper pullback point is 107300, and the final support point below is 100000 yuan. The low point of the confirmed effective downward trend can be seen at 77000. ETH: Currently, the overall market trend of Ethereum is following the downward trend of the big pie. The confirmation stage of Ethereum's daily multi top structure has passed, and it is currently breaking below the short-term support level for short-term adjustment. Follow up adjustments focus on the trend around 3550. The short-term support level below is 3210. The bottom callback action has occurred at the hourly level. The overall strategy is to maintain a high altitude, with a focus on short-term pullback views, and wait for structural confirmation of the pullback high point before entering the market for operations. Tencent Meeting Number: 930 973 2027 Join the Fuxi Community and enjoy a variety of service offerings 1. Conduct market analysis for daily open courses and develop plans for matching orders and solving problems. 2. Join the member group to enjoy live streaming with orders in the evening; Fixed weekly technical course content. 3. Multiple market analysis and strategic trading within the day. 4. "Price Behavior Trading", "Breakthrough ABC Trading Law", "Four Line Battle Method" 5. Use tactics such as "Gann's Angle of Power", "Fei's Wave Number Example", and "MACD" to deduce the future direction. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

**[BitFuFu Releases October Bitcoin Production and Operational Data]** Bitcoin mining company BitFuFu has released its unaudited production and mining operational data for October 2025. The report shows that Bitcoin production in October totaled 253 BTC, with cloud mining contributing 223 BTC and self-mining yielding 30 BTC. As of October 31, the company’s total Bitcoin holdings stood at 1,953 BTC, a decrease of 6 BTC compared to the end of September. Additionally, the total managed hash rate was 30.5 EH/s, representing a month-on-month decline of 15.3%.

[LM Funding America October Mining Output: 7.5 BTC, Holdings Reduced to 294.9 BTC] Nasdaq-listed Bitcoin mining company LM Funding America disclosed October mining output of 7.5 Bitcoin, with its Bitcoin holdings decreasing from 304.5 BTC in September to 294.9 BTC.

Adam Back's subsidiary FUTURE has raised $35 million in funding, with plans to further purchase Bitcoin. （Bitcoin Archive）

[Tether Partners with Da Nang City to Advance Blockchain Digital Governance Development] Tether has announced the signing of a Memorandum of Understanding (MoU) with the People's Committee of Da Nang City, Vietnam, to jointly promote the development of digital infrastructure and innovative governance models in Da Nang City. The two parties will explore mechanisms to support the integration of blockchain, digital assets, and peer-to-peer technologies, drawing on international best practices to enhance transparent, efficient, and robust digital governance solutions. Additionally, Tether will assist Da Nang City in formulating policies related to blockchain technology, digital assets, sandbox experiments, and real-world asset tokenization (RWA).