Odaily星球日报讯 OKX 行情显示，BTC 反弹突破 64000 USDT，现报 64028.9 USDT，24H 跌幅收窄至 2.4%。

BTC反弹突破64000 USDT，24H跌幅收窄至2.4%

OKX market data shows that BTC has rebounded and broken through 64000 USDT, currently trading at 64028.9 USDT, with the 24-hour decline narrowing to 2.4%.

BTC rebounded and broke through 64,000 USDT, and the 24-hour decline narrowed to 2.4%

OKX market data shows that ETH has fallen below 2600 USDT, currently trading at 2593 USDT, with a 24H decline of 1.92%.

ETH fell below 2600 USDT, down 1.92% in 24 hours

Odaily Planet Daily Report: Today, Bitcoin briefly fell from above $65,000 to around the lowest level of $62,200. According to a report by 10x Research, this decline seems to be a typical bull market correction after an overbought situation. Markus Thielen, the founder of 10x Research, said: "In last week's report, we briefly pointed out that BTC appears to be overbought in the short term, as reflected in the rising levels of the Greed & Fear Index. The current short-term reversal signals have turned bearish, indicating that a correction may occur in the next few days. The ISM manufacturing new orders data shows that the forward-looking indicator has fallen to near-recessionary levels. This makes tomorrow's data highly uncertain - if the reading falls below 48.0, it may lead to another Bitcoin decline, while higher numbers may drive Bitcoin higher." However, Markus Thielen also expressed his optimism for Q4, with the optimism for the fourth quarter mainly stemming from the expectation that the Federal Reserve will cut interest rates by another 50 basis points, as well as China's recent announcement of large-scale stimulus measures. The market may understand the Federal Reserve's action plan later tonight, as Federal Reserve Chairman Powell is scheduled to speak on economic issues at the National Business Economics Association's annual meeting in Tennessee (1 am tomorrow).

10x Research: This decline is a typical correction after the bull market is overbought, and we are still optimistic about the market performance in Q4

According to CoinGecko data, the current total cryptocurrency market capitalization is $24.17 billion, with a 24-hour decline of 1.6%. Additionally, BTC's market dominance is 53.8%, and ETH's market dominance is 13.3%. Furthermore, according to Coinglass data, the past 24 hours saw $101 million in liquidations across the network, with $68.04 million in long liquidations and $33.34 million in short liquidations.

In the past 24 hours, the entire network has liquidated $101 million, mainly long orders, and the total market value of cryptocurrencies has dropped to $2.417 trillion