Today is the 11th, Double Eleven. On the TradFi side, gold and US stocks are rising rapidly, and the crypto market also had a high during the day, but then started to pullback in the evening, which is a bit frustrating. Bitcoin skyrocketed to 106k yesterday, and wow, a bunch of analysts immediately started calling for a reversal. Ethereum broke through 3650, but the momentum is clearly lacking, now hovering around 3550. One platform token is even weaker, struggling to stay above the 1000 mark. As for SOL, with the positive news about the ETF being hyped for so long, when will the price give some response? However, it must be said that other altcoins have shown clear signs of stirring recently. Perhaps we might see a wave of altcoin season by the end of the year? If it really comes, remember to take your profits and not be greedy. **AI Strategy Market Observation Day 6** The current fear index is 29, and market sentiment is cautious. However, the U.S. government shutdown is expected to end this week, coupled with a divergence in ETF approvals, which may present structural opportunities. There is a strong FOMO sentiment on social media, continuously stimulating policy discussions, and short-term rebounds have support. **24-hour On-chain Express** The U.S. House of Representatives is expected to vote on Wednesday, and a resolution to the shutdown crisis is anticipated by Friday. CZ has made a statement: he will unfollow any accounts that have been sold; following does not equal endorsement, which carries significant implications. Monad has announced ICO details, with a minimum threshold of $100, starting at 10 PM on the 17th. Trump's media technology group reported Q3 earnings showing that Bitcoin investments have reached $1.3 billion. The Uniswap team has initiated a new proposal to activate the protocol fee switch. Federal Reserve Governor Milan stated that a 50 basis point rate cut in December is appropriate, and at least a 25 basis point cut is necessary. Trader James Wynn has increased his short position with an additional 30% stablecoins, expecting Bitcoin to drop to $92,000. The market has a lot of information, and everyone should pay attention to risk control.

US Treasury Secretary Basent has just thrown out a big move—encryption ETF can now be staked, and profits can be legally distributed. What's even better is that a tax safe harbor has been provided, so retail investors no longer have to worry about compliance issues. It should be noted that tax issues have always been a bottleneck for ETF issuers. Now that this hurdle has been cleared, ETFs for PoS cryptocurrencies like Ethereum and Solana can directly offer you an additional annualized return of 3-8%. This way, the appeal of ETF products skyrockets instantly, and players holding assets need to weigh their options carefully—those who just hold can earn passive income, while you still have to worry about wallet security? The timing is quite delicate, coinciding with the Senate's handling of the government shutdown plan. From the looks of it, the Trump team's attitude towards digital assets has become clear. Next, we can expect a wave of ETFs with stake functionality to be launched, and PoS networks are about to face a fierce influx of institutional funds.

Shorting Ethereum open orders around 3650-3665 Stop loss 10-20 points Take profit around 3553 After making a profit of 20 points, reduce positions and set a stop-loss to secure capital. Continue to hold