According to the data of major single orders in the past 12 hours, the total transaction volume of sell orders reached $770 million, while buy orders were only $267 million. The net outflow of major orders was $502 million, with a buy sell ratio of 1:2.88, indicating strong bearish sentiment. Especially at 9:34 am yesterday, there was a major selling order of $55.74 million in Binance contracts, which directly suppressed the price to around $99100, further intensifying downward pressure. The current 1-hour cycle K-line has formed a bearish swallowing pattern, with prices falling below the support of the EMA24 and EMA52 moving averages. Coupled with the continued decline in trading volume, market buying is weak, and the downward trend may continue. The main single order indicators accurately capture the trend of funds, helping you predict the market trend in advance! Open a membership, grasp the main dynamics, and seize the opportunity! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.

[Metalpha Withdraws 6,800 ETH and Deposits into AAVE] Nasdaq-listed company Metalpha withdrew 6,800 ETH from the Binance platform 6 hours ago, with a total value of approximately $22.72 million (calculated at current market prices), and deposited all funds into the decentralized lending protocol AAVE.

**[Trump's Remarks Have Limited Impact on the Federal Reserve, Market Reaction Remains Calm]** November 5 news: The Federal Reserve has faced pressure from nearly a year of continuous attacks by Trump, including insults, threats to fire Fed Chair Jerome Powell and Governor Cook, as well as demands for interest rate cuts to reduce government debt costs. Treasury Secretary Besant also accused the Fed of overstepping its authority since the financial crisis. Despite this, financial markets remained calm throughout 2025. Research by scholar Francesco Bianchi shows that inappropriate remarks during Trump's first term significantly influenced market expectations for the federal funds rate, but in the long term, the impact of presidential remarks is limited. Former Fed Governor Randy Kroszner and former Treasury Secretary Larry Summers both believe that the market has little concern about medium-term inflation rate increases, and the issue of the Fed overstepping its authority is not a major problem for the United States.

[Zama Acquires KKRT Labs to Enhance Blockchain Privacy] Confidential blockchain protocol Zama has announced the strategic acquisition of KKRT Labs, a company specializing in the development of zero-knowledge proof technology. This acquisition will strengthen Zama's capabilities in blockchain scalability and zero-knowledge proof technology, and accelerate Zama's ability to provide high-performance privacy for all public blockchains.

Intuition has announced that the TRUST token airdrop will go live on November 5 at 18:00 (UTC+8). Eligibility for the first season of the airdrop is determined by a combination of IQ points and Orbit roles. IQ points are accumulated based on users' on-chain activities and community participation during the testing phase, including protocol points, launchpad points, portal points, community points, referral points, and relic points. Orbit roles are granted to community contributors and leaders who advance Intuition's mission, ranging from Level 1 to Level 7, with higher levels receiving greater rewards. This airdrop aims to ensure that genuine participants receive TRUST tokens, promoting decentralized network governance.