The proportion of BTC short-term holders' profitable supply has dropped to approximately 70%.

StoneX raised its price target for Bitcoin treasury company Strive from $32 to $43 and maintained its buy rating. Analyst Mark Palmer stated that Strive's recent SATS preferred stock IPO and the expiration of traditional warrants constitute a restructured capital structure. On October 20, Strive completed an enlarged IPO of 7 million shares of 15% SATS preferred stock, raising gross proceeds of $630 million. The SATS offer a 15% annual dividend, and the company has set aside funds to cover payments for the first 18 months. Palmer noted that SATS is subordinate to the previous SATA preferred stock, and every dollar raised adds to assets without increasing debt prior to the senior preferred stock. (Source: The Block)

Yesterday, US Bitcoin spot ETFs saw a net inflow of $110 million, according to BlackRock IBIT's inflow/outflow data. Meanwhile, US Ethereum spot ETFs experienced a net outflow of $88.6 million yesterday, with BlackRock ETHA seeing a net outflow of $104.7 million and Fidelity FETH seeing a net inflow of $16.1 million.

According to AiCoin's monitoring, a large amount of funds flowed into the US spot BTC ETF market yesterday, with a net inflow of up to $110 million. Among them, IBIT had the largest inflow, with a single-day net inflow of $110 million. According to AiCoin's "Spot BTC ETF Tracking" live trading strategy, there is a significant positive correlation between ETF fund inflows and BTC prices. You can subscribe to indicators to enable the program to automatically place orders based on fund flows. Data is for reference only.

According to Glassnode data, the proportion of BTC short-term holders with profitable supply has dropped to about 70%, and the selling pressure from profit-taking in the market has eased.

Bitcoin analyst Willy Woo introduced a Monte Carlo simulation-based BTC price projection model. After 5,000 simulations, the model predicts a median BTC price of $1.48 million in 2034, with even the lowest 5% of simulations reaching $464,000. The model incorporates cyclical market structures, true probability distributions, and power-law scaling mechanisms, and excludes early market movements to reflect the modern market environment. These figures are generated based on specific assumptions and historical data and are not deterministic price predictions.