PANews reported on October 30th that, according to a CryptoQuant report, US investor demand for Bitcoin and Ethereum has weakened significantly in both the spot and derivatives markets. Bitcoin prices briefly surpassed $126,000 and Ethereum approached $5,000 at the end of September, but market sentiment subsequently cooled, and investor interest in further accumulation diminished. ETF inflows, spot exchange premiums, and futures basis indicators all suggest a decline in enthusiasm among US institutional and retail investors, who are currently more inclined to take profits and cautiously position themselves rather than accumulate new holdings. Specific data shows: The US spot Bitcoin ETF has turned net sold, with a seven-day average outflow of 281 BTC, the weakest level since April. Inflows into the Ethereum ETF have almost stagnated since mid-August, reflecting a lack of investor confidence. Spot demand on US cryptocurrency exchanges has slowed, with the price premium for Bitcoin and Ethereum on Coinbase nearing zero, indicating reduced buying pressure in the US spot market. Historical data shows that price increases are typically accompanied by positive premiums, while a flattening premium suggests weak domestic demand. The futures market showed a similar trend. The annualized basis for CME Bitcoin futures fell to 1.98%, the lowest level in more than two years; the basis for Ethereum six-month futures fell to 3.0%, the lowest since July, indicating weakening demand for leveraged investments. Overall data suggests that US investor sentiment has cooled after reaching its September highs, and market participants may be waiting for new catalysts to re-engage in risk investment.PANews reported on October 30th that, according to a CryptoQuant report, US investor demand for Bitcoin and Ethereum has weakened significantly in both the spot and derivatives markets. Bitcoin prices briefly surpassed $126,000 and Ethereum approached $5,000 at the end of September, but market sentiment subsequently cooled, and investor interest in further accumulation diminished. ETF inflows, spot exchange premiums, and futures basis indicators all suggest a decline in enthusiasm among US institutional and retail investors, who are currently more inclined to take profits and cautiously position themselves rather than accumulate new holdings. Specific data shows: The US spot Bitcoin ETF has turned net sold, with a seven-day average outflow of 281 BTC, the weakest level since April. Inflows into the Ethereum ETF have almost stagnated since mid-August, reflecting a lack of investor confidence. Spot demand on US cryptocurrency exchanges has slowed, with the price premium for Bitcoin and Ethereum on Coinbase nearing zero, indicating reduced buying pressure in the US spot market. Historical data shows that price increases are typically accompanied by positive premiums, while a flattening premium suggests weak domestic demand. The futures market showed a similar trend. The annualized basis for CME Bitcoin futures fell to 1.98%, the lowest level in more than two years; the basis for Ethereum six-month futures fell to 3.0%, the lowest since July, indicating weakening demand for leveraged investments. Overall data suggests that US investor sentiment has cooled after reaching its September highs, and market participants may be waiting for new catalysts to re-engage in risk investment.

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more