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1Bitget Daily Digest (Nov 06) | Monad Plans to Launch Mainnet and Native Token MON on November 24; U.S. Government Shutdown May Delay Crypto Market Structure Legislation Until 20262Bitcoin and Ether ETFs record fifth consecutive day of outflows as crypto prices remain under pressure3Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally
Flash
- 16:49LD Capital founder Jack Yi: Remains optimistic about future market trends and buying strategiesChainCatcher news, LD Capital founder Jack Yi tweeted thathe remains optimistic about the upcoming market trends and buying strategies. He believes there is a 20% probability of another deep correction, a 50% probability of a wide-range fluctuation with BTC returning to 11.6 and ETH returning to 4000, and a 30% probability of a short squeeze rally with a new high above 5000 by the end of the year. When discussing the influencing factors, Jack Yi stated: “First is the expectation of interest rate cuts and positive government policies. Second, looking at the US stock market, it is currently undergoing a structural correction, with a very low probability of a sharp decline in the short term. The core reason is that the AI bubble is still in its early to mid-stage and is being promoted as a national policy in the US, plus large companies are reporting good earnings. Meanwhile, crypto is undervalued compared to the Nasdaq, so there is no need to panic—buy with conviction. Everyone is the investment and trading god in their own mind, and no one can be 100% correct.”
- 16:49USDX has depegged to $0.3887, a whale spent 800,000 USDT to "buy the dip" but has not yet successfully redeemed.Jinse Finance reported, according to monitoring by Lookonchain, USDX has depegged to $0.3887. A whale, address 0xe454, after noticing the depeg, spent 800,000 USDT to buy 933,241 USDX at an average price of $0.8572. This is his second accumulation after purchasing 1.4 million USDX a week ago. All tokens have been submitted for redemption. If the redemption is successful, he is expected to make a profit of about $135,000. However, three hours have passed so far, and he has still not successfully completed the redemption.
- 16:41Yilihua: Remains optimistic about the upcoming market; cryptocurrencies are undervalued compared to the Nasdaq.Jinse Finance reported that Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated in a post: "We remain optimistic about the upcoming market trend and buying strategy. We believe there is a 20% probability of another deep correction, a 50% probability of wide-range consolidation with BTC returning to $116,000 and ETH returning to $4,000, and a 30% probability of a short squeeze rally breaking through a new high of $5,000 by the end of the year. First, there are expectations of interest rate cuts and government policy support. Second, the current correction in the US stock market is structural, with a very low probability of a sharp decline in the short term. The core is that the AI bubble is still in its early to mid-stage and is being promoted as a national policy in the US, coupled with strong earnings reports from major companies. Meanwhile, cryptocurrencies are undervalued compared to the Nasdaq, so there is no need to panic—buy with conviction. Everyone is their own investment and trading god; no one can be 100% correct."