Odaily reports: Crypto analyst Darkfost posted on X that Bitcoin's price volatility around the "Power Law" trendline is gradually decreasing, with market cycle fluctuations converging. As of October 3, the model's oscillator indicator stood at +34.5, with Bitcoin priced at approximately $84,700. Based on the model parameters for that day, the Bitcoin price corresponding to an oscillator reading of +100 is approximately $157,800, about 86% higher than the current price.
However, Darkfost also noted that $157,800 is not a fixed target price, but rather a reference level calculated based on current regression parameters. If the Power Law trendline continues to rise in the future, this reference price will also increase accordingly.
Odaily News reported on X platform that trade.xyz's total transaction count has surpassed 200 million, of which 1,043,400 were liquidation transactions.
According to monitoring by Benson Sun, founder of Coinkarma, at around 23:00 on October 1, U.S. stocks and gold weakened simultaneously, but the Binance BTC/USDT spot market saw consecutive market buy orders of approximately 400 BTC, supporting the price above $84,000, with the final candle closing as a doji.
At around 1:30 on October 3, the market briefly saw approximately 1,400 BTC in market sell orders within the same price range, causing the price to dip and form a relatively long lower wick, before ultimately holding that zone. At the time, sell orders of approximately 100 BTC appeared every few seconds, but each time the price dipped, it was pulled back by buy orders. This zone highly overlaps with the $83,000–$84,000 range where on-chain holdings have recently accumulated rapidly, and buying reactions became relatively pronounced after BTC entered this range.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, an address withdrew 1,420 ETH from OKX over the past 3 hours, worth $3.823 million, at a withdrawal price of $2,692.47, and subsequently deposited it into Lido for staking.
Odaily: Bitget PoolX is about to launch a new round of its ETH locking event. Users can lock ETH to participate in sharing a $200,000 airdrop, with a personal locking cap of 1,500 ETH. The locking period is from October 5, 15:00 to October 9, 15:00 (UTC+8).
This round of PoolX supports a long-term holding bonus mechanism. The system will provide a 1x additional bonus on the locked amount based on the user's minimum holding of the corresponding locked asset over the past 15 days. For more details, please refer to Bitget's official platform.
Odaily reports: Crypto analyst Ali posted on X platform that Nvidia (NVDA) shares hit an all-time high of $237.88 on October 2, up nearly 14% since September 14, and are currently testing resistance at the upper boundary of a channel, with potential to rise further toward a target price of $260.
As the AI sector regains market attention, he is watching two related ETFs. The first is the Direxion Daily Semiconductor Bull 3X ETF (SOXL), which seeks to deliver 3x the daily performance of a semiconductor index. SOXL appears to be breaking out of a channel structure on the 4-hour chart, and if the $150 support level holds, the trend could point toward $210.
The other is the Roundhill Memory ETF (DRAM), which primarily invests in global memory chip companies. DRAM is currently forming an ascending triangle consolidation pattern, and if it breaks above $64 on an hourly close, it could confirm a breakout, with a target of $80, representing a potential gain of about 25%.
Ali added that Nvidia's rally has refocused market attention on the AI sector, and he will be watching whether the technical patterns of these two ETFs further confirm the continuation of the AI rally.
Odaily reports: According to official sources, Gate will host a press conference on October 8 during TOKEN2049 Singapore 2026 at Raffles Hotel Singapore, inviting global media representatives to participate in on-site exchanges. Gate Founder and CEO Dr. Han will attend and serve as the keynote speaker.
The press conference will focus on Gate's upcoming new products and future development roadmap. Dr. Han will share the background behind the launch of the new products, their positioning, and future plans, and will engage with attending media on Gate's thinking regarding the next phase of financial services development, while also answering media questions on business development, product direction, and industry trends.
In addition to the press conference, Gate is expected to participate in multiple events during TOKEN2049 Singapore 2026. Gate Founder and CEO Dr. Han will deliver a keynote speech on the TOKEN2049 main stage; Gate will also set up a brand booth and Gate Lounge at the event venue, and will host the Gate Gala award dinner on October 8 at Raffles Hotel Singapore to engage with global industry guests. Through a series of events, Gate will engage in multi-level exchanges with industry participants, media, and ecosystem partners, sharing the latest business progress and future development plans.
Odaily News: Pump.fun's protocol revenue over the past 30 days reached $55.5 million, surpassing Hyperliquid's $54.34 million and trailing only Tether's $508 million and Circle's $208 million.
Odaily: Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission, said that regulatory agencies already possess substantial existing statutory authority. While participating in the work of the President's Working Group on Digital Asset Markets, he has studied statutory authorizations and legislative-level authorities, and will continue to issue regulatory rules in the crypto sector based on existing regulatory authority to prepare for the development of new areas in finance.
Odaily reports: Brazil's presidential election will be held on October 4, and the result could influence the country's crypto policy direction (Brazil ranks first globally in crypto adoption). Incumbent President Lula is facing off against former President's son Flavio Bolsonaro. If incumbent President Lula is re-elected, regulation and compliance requirements are expected to be strengthened, and the central bank has already tightened oversight of exchanges; he may also push for taxation of stablecoin transactions (previously shelved due to the election). If former President's son Flavio Bolsonaro wins, his crypto stance is unclear, and there is no record indicating he has ever mentioned cryptocurrency. However, he previously defended someone associated with the "Bitcoin Pharaoh" pyramid scheme. (Bitcoin.com News)
Odaily reports: According to Arkham monitoring, a whale address transferred 70 million H tokens worth $4.91 million to cryptocurrency exchange Bybit over the past 24 hours. This wallet had previously sent over $5.35 million worth of H tokens to Sablier.
Monitoring suggests the address is likely linked to the Humanity team. It received 2.77 billion H tokens from the project team 109 days ago and still holds over 2.6 billion H. This deposit to a centralized exchange marks the wallet's first such operation. Since H tokens have been trading largely flat over the past week, this large transfer could increase the risk of price volatility going forward.
Odaily reports, according to OKX market data, STRK briefly broke above $0.056 and is now trading at $0.05338, with a 24-hour gain of 23.93%.
According to Arkham monitoring data, an address suspected to belong to crypto KOL Qwerty (@Quanterty) positioned early 13 hours ago, spending $767,000 to buy approximately 17.454 million STRK at an average price of $0.0439, and currently has an unrealized profit of $170,000.
Odaily reports that the total value of tokens currently held by well-known trader Bonk Guy is approximately $13.7 million, representing a drawdown of about $13.9 million from the peak of approximately $27.6 million on September 6.
Currently, Bonk Guy's top three spot holdings are PONS, valued at $4.51 million; USELESS, valued at $3.83 million; and MARSCOIN, valued at $2.87 million.
Odaily News: Measured by open interest, Hyperliquid now holds an 11.8% share of the global perpetual futures market—including centralized trading platforms such as Binance, Bybit, and OKX—setting a new all-time high.
Odaily News: DWF Labs Managing Partner Andrei Grachev stated that if Trump wins the midterm elections and distributes $5,000 to every U.S. adult citizen, the scale of the distribution would be equivalent to 150% of the "helicopter money" during the COVID-19 pandemic. Some of these funds could flow into the crypto market, potentially triggering a bull run similar to that of 2021. If this scenario materializes, investors should cash out their gains during the rally, as a crisis may follow.
Trump previously promised that if Republicans win House and Senate seats in the midterm elections, he would distribute $5,000 "dividends" to every U.S. adult citizen. Based on approximately 240 million U.S. adult citizens, the plan is estimated to cost about $1.2 trillion.


