Key Market Information Discrepancy on October 29th, a Must-See! | Alpha Morning Report

Featured News

1. BSC On-chain Chinese Narrative Meme Trading Sluggish, "Binance Life" Solo Holding the Flag, "Hakimi" Heat Stable

2. Monad MON Airdrop Distribution Results Now Available for Query

3. U.S. Stock Market Continues to Hit New Highs, Crypto Market Slightly Down Against the Trend

4. Visa to Accept Four Stablecoins on Four Blockchains, Support Currency Exchange

5. OpenAl Announces Completion of Capital Restructuring, May Prepare for Listing

Articles & Threads

1. "Why Didn't the x402 Protocol Flash in the Pan?"

It's been almost a week since the x402 Protocol ignited the market enthusiasm with the meme coin $PING. So far, the majority of market views are positive, with optimistic expectations for the future development of the x402 Protocol and discussions on various projects. However, some voices also believe that the rapid rise of x402 may not be able to sustain the overheated market expectations in the short term, leading to a lack of follow-up strength. So, what changes have occurred in the x402 Protocol ecosystem in this nearly week-long period?

2. "After Speculating on Coins for a Year, My Earnings Are Lower Than My Mom's Stock Speculation"

This is a year of "everything rising," but the crypto circle is widely recognized as a "very difficult year to make money." Compared to the past few years, 2025 seems like a rare "leap year." The U.S. stock market hits new highs again, A-shares' core assets rebound, gold hits historical highs, commodities rebound collectively, and almost all markets are rising. However, in the crypto circle, even though Bitcoin hit a new all-time high of $120,000, many are complaining that this is the "hardest year to make money in the crypto circle." When friends talk about their family's investment operations this year, they say, "In terms of ROI from speculating on coins this year, it is completely lower than my mom's stock speculation."

Market Data

Daily Market Overall Funding Heatmap (as reflected by Funding Rate) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks