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#ETH走势分析 A few overnight messages are worth following.
On the Federal Reserve side, the probability of a 25 basis point rate cut in December has risen to 69.4%. Treasury Secretary Becerra stated that although the government shutdown has caused a loss of $11 billion, the risk of an economic recession is low.
The cryptocurrency market is more interesting. The total supply of USDe has surpassed 7.4 billion, reaching a new historical high—high yields are indeed attractive, but the funding rate pit still needs attention. The staking rate of Ethereum is now 28.84%, with Lido alone capturing 23.97% of the share. While liquid staking is convenient, this level of concentration does raise some concerns about centralization risks.
In addition, there is news that the efficiency department of the U.S. government has been dissolved. Furthermore, an executive from a compliance platform stated that fully reserved stablecoins are safer than traditional banks—this logic makes sense to me, as the transparency is there. $BTC $ETH $BNB