OKX market data shows that SOL has fallen below 220 USDT, currently trading at 219.97 USDT, a 24-hour drop of 5.34%. (This newsletter was generated with AI assistance)

According to market news: JPMorgan Chase CEO Jamie Dimon said that the US government shutdown will not harm the financial market.

Glassnode reports that as traders increased their long positions after Bitcoin broke through its previous high, BTC futures open interest surged. The current correction is testing the resilience of these long positions and helping to reset market leverage. Two key signals to watch for moving forward: when and where buying power intervenes, and whether key support levels can reignite market demand.

According to market news: OranjeBTC (stock code: OBTC 3), Brazil's largest Bitcoin treasury company, is listed on the Brazilian Stock Exchange B3 and holds 3,675 Bitcoins.

A report released Tuesday by the New York Federal Reserve showed that Americans grew more concerned about the future of the job market in September and raised their forecasts for the near-term path of inflation. The bank's latest consumer expectations survey showed that as the perceived probability of job loss increased, respondents increased their expectations that the overall unemployment rate this year would be higher than in August. However, respondents also believed that if an unexpected job loss occurred, the chances of finding a new job would be greater within the next three months. The bank said that concerns about the future of the job market came as American households became more optimistic about their current financial situation and "slightly" lowered their expectations for the year ahead. As of September, households reported a reduction in their expectations for future spending due to mixed views on future income and income levels. Meanwhile, the September report found that one-year inflation expectations rose to 3.4% from 3.2% in August, while expectations for inflation over the next three years remained stable at 3%. Five-year inflation expectations also rose to 3% in September from 2.9% the previous month. The report also noted that expectations for food prices over the next year rose to their highest level since March 2023. (Jinshi)

OKX market data shows that BTC briefly fell below 122,000 USDT and is currently trading at 121,997.9 USDT, with the 24-hour increase narrowing to 2.45%. (This newsletter is generated by AI)

According to GMGN data, the market capitalization of Binance Life, a meme coin within the BSC ecosystem, has surpassed $200 million, currently trading at $207 million, a new all-time high and a 330% increase over the past 24 hours. Odaily reminds users that meme coins are subject to significant price fluctuations and advises investors to exercise caution.

OKX market data shows that BTC has fallen below 121,000 USDT, currently trading at 120,969.1 USDT, a 24-hour drop of 3.14%. (This newsletter was generated with AI assistance.)

According to PANews, data disclosed by HODL15Capital on the X platform reveals that BlackRock's IBIT has been purchasing Bitcoin for seven consecutive weeks, accumulating approximately 54,423 Bitcoins in total. In the past two days alone, BlackRock acquired 15,177 Bitcoins. Last week, the firm bought 15,121 Bitcoins. Two weeks ago, the purchase amounted to 1,550 Bitcoins, while three weeks ago, it was 7,500 Bitcoins. Four weeks ago, BlackRock added 9,100 Bitcoins to its holdings. Five weeks ago, the acquisition was 3,750 Bitcoins, and six weeks ago, the firm purchased 2,225 Bitcoins.

Key TakeawaysDogecoin’s monthly RSI has just formed a bullish cross, a signal that preceded 300%–445% rallies in past cycles.Technical setup shows a potential breakout from an ascending triangle, targeting $0.65 in the near term.Analysts say DOGE could reach $1–$1.20 if institutional flows and ETF approval momentum continue into Q4.DOGE RSI Flashes Bullish Cross Once AgainThe Dogecoin (DOGE) price may be gearing up for another explosive move after its monthly relative strength index (RSI) produced a bullish crossover — a rare pattern that historically preceded massive rallies.The last two times this signal appeared — in October 2023 and Q4 2024 — Dogecoin surged by 300% and 445%, respectively, within a few months.Analyst Mikybull Crypto highlighted the development on X, saying:“Whenever this signal flashes on $DOGE, pay attention. It only indicates that a big move is imminent.”The crossover also aligns with DOGE’s price retesting its 20-period simple moving average (SMA) on the monthly chart — a setup that has historically preceded parabolic rallies.Technical Setup Targets $0.65–$1 BreakoutDOGE is also forming an ascending triangle pattern on the two-day chart, a bullish continuation structure that could propel prices to around $0.65 — a 160% gain from current levels near $0.25, according to Cointelegraph’s chart analysis.Prominent analyst Mags sees even greater upside, projecting that DOGE could surpass its 2021 all-time high above $0.73 and reach $1–$1.20 in the coming months.“$DOGE to $1+ is inevitable,” Mags wrote, citing increasing institutional interest, Dogecoin treasury accumulation, and potential spot ETF approvals expected in mid-October.Momentum Builds for DOGE’s Next Bull RunDogecoin remains the top-performing memecoin in 2025, supported by on-chain metrics and growing mainstream exposure. Analysts note that with RSI momentum turning bullish, ETF optimism, and a resurgence in memecoin liquidity, DOGE may be entering its next expansion phase — one that could finally deliver the long-awaited $1 milestone, according to Cointelegraph.

Coinbase will suspend trading of meme coins Floki, Turbo, and Gigachad for New York users starting April 14, 2025, following a routine asset review. The reasons for the suspension remain unclear, but speculation points to regulatory challenges in New York.