Risk Management - Manage risk as volatility takes center stage this week [1] GameFi Investment Trends - Track VC funding to spot where GameFi capital is heading [1] Macroeconomic Monitoring - Monitor macro trends that could shape the next market move [1]

CME Gaps and Crypto Market Dynamics - Weekend crypto pumps often create CME gaps, with a 65-90% chance of prices falling to fill them [1][13][19][33] - Derivatives markets, estimated to be 4-5 times larger than spot markets, significantly influence crypto prices [4] - CME gaps occur when crypto prices move significantly above or below the last CME futures contract price while the CME is closed [12][14][15] - Bitcoin leads the market, so Bitcoin CME gaps have the most significant impact [13][33] - Bitcoin CME gaps typically fill within 2 weeks, with 80% filling within 30 days [17][36] Institutional Trading and CME Gaps - Institutional investors use basis trades (buying spot Bitcoin ETFs and shorting Bitcoin on the CME) to profit from price discrepancies [21][22] - CME gaps are filled due to institutional trading strategies that realign spot prices with futures prices [23][24] - CME gaps highlight that crypto spot markets may not be as liquid as advertised [26][27] CME's Response and Future Outlook - The CME will introduce 24/7 futures trading in early 2026 to reduce volatility caused by CME gaps [29][30][32] - CME gaps increase volatility in the crypto market, which is undesirable for both traders/investors and institutions [31][32] - Trading CME gaps can be a profitable strategy with proper position sizing, low leverage, and patience [34][42]

Even the best traders struggle to predict sudden jumps in volatility https://t.co/45C2tRHLYb ...

Market Sentiment - Crypto traders need to maintain well-being even during high volatility periods [1] - Staying sharp and fueled is essential for CryptoLife [1]

RT Ed Patisso (@EdPatisso)@JoeCarlasare Volatility since 2023 is still sitting at historical lows further demonstrating the assets maturity. https://t.co/KMANiqLRxw ...

Core Insights - Coinbase reported Q3 revenue of approximately $1.9 billion, exceeding expectations, with transaction revenue reaching $1.0 billion, indicating a strong rebound in spot volumes [2][3] - BlackRock's iShares Bitcoin Trust (IBIT) experienced significant outflows, with $290.8 million withdrawn in one day, reflecting market volatility [5][6] - REX Shares launched a new ETF that capitalizes on volatility in equities, including crypto companies, positioning it as a feature rather than a drawback [7] Coinbase Performance - Q4 has started strong for Coinbase, with October transaction revenue already at $385 million [3] - The company has expanded its asset offerings from about 300 to over 40,000 assets in the U.S. through DEX integrations [4] - Coinbase's focus on increasing available assets and launching CFTC-regulated 24/7 perpetual futures has contributed to its revenue growth [4] BlackRock's IBIT - IBIT accounted for nearly half of the Bitcoin ETF category's outflows on a day when Bitcoin spot ETFs lost a total of $488.4 million [5] - Despite the outflows, IBIT has a cumulative net inflow of over $88 billion in assets under management, indicating strong long-term adoption [6] REX Shares Strategy - REX Shares is known for unconventional ETFs and its latest product treats volatility in equities, including those of crypto companies, as a beneficial feature [7]

Core Insights - The stock market experienced a positive turnaround on Halloween, with major indexes showing gains, particularly driven by earnings reports from Amazon and Apple [1][2]. Market Performance - The Dow Jones Industrial Average increased by 41 points, or 0.1% - The S&P 500 rose by 0.3% - The Nasdaq Composite saw a more significant increase of 0.7% following Amazon's earnings report [1]. Volatility and Market Breadth - The Cboe Volatility Index (VIX) rose by 4.5%, reaching a reading of 17.70, indicating relatively subdued volatility in the S&P 500 - Market breadth was slightly positive and improving, as evidenced by the Invesco S&P 500 Equal Weight ETF, which increased by 0.1% [2].

ETF Product - REX IncomeMax ETF 利用加密货币公司波动性，将价格波动转化为每周收入 [1] Investment Strategy - 该ETF投资于波动性大的加密货币公司 [1]

Bitcoin set to close October in the red 🔴Last time this happened, November saw massive volatilityShould we be worried? 🤔 https://t.co/sG8QHB0OSl ...

Core Insights - Ethereum traders are engaging in FOMO trading, leading to predictable price patterns that align with extreme funding rates [1][2] - The funding rate cycle shows that negative funding rates coincide with local price bottoms, while positive rates align with local tops [1][2] Funding Rate Dynamics - In early September, Ethereum's funding rate turned negative, marking a local price bottom as it fell from $4,900 to $4,500, with long liquidations dominating [1] - By September 12, Ethereum rebounded 11.5% to $4,700, liquidating short sellers and pushing funding rates into positive territory, indicating a local top [2] - A similar pattern was observed on October 30, when Ethereum dipped to $3,800, leading to approximately $954 million in long liquidations [2] Market Behavior and Volatility - Emotional and short-term trading is prevalent, with traders aggressively going long during minor rallies and short during brief pullbacks, amplifying market volatility [3] - The derivatives market for Ethereum is showing signs of stress, with rising open interest despite declining prices [3][4] Market Outlook - The current market setup suggests that leverage is sustaining prices more than genuine buying demand, leaving the market vulnerable to sharp declines if momentum does not shift [4] - In the short term, Ethereum is expected to remain range-bound with a bearish bias unless there is a reset in funding and positioning [4] - Medium-term volatility is anticipated due to geopolitical and macroeconomic factors, while long-term outlook remains bullish amid an improving macro backdrop [4] Market Sentiment - Users on the prediction market Myriad are cautiously optimistic, estimating a 61% chance that Ethereum will move to $4,500 rather than $3,100 [5] - Currently, Ethereum is trading at $3,834, down 1.5% over the past 24 hours, recovering from an intraday low of $3,687 [5]