MyToken Short-Term Trading Assistant just detected a buy signal of BTC/USDT at UTC/GMT 11:00:00 am, Nov. 12, with the buy price at 104900.00 USDT. According to the analytical result from Short-Term Assistant, recently BTC is going strong and showing an uptrend. The next support level below is 102947.13 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

According to a Forbes report on November 12th, OpenAI's video generation application Sora, despite surpassing 4 million downloads, has extremely high operating costs, estimated at around $15 million per day for generating AI videos, with annualized expenses exceeding $5 billion. Analysts estimate that generating a 10-second video costs an average of about $1.30, far exceeding the current free usage rate. The report points out that OpenAI is still in an aggressive expansion phase, prioritizing user growth and acquiring video training data over profitability. Company executives have acknowledged that Sora's economic model is "completely unsustainable at present" and that future free usage may be reduced, with a focus on exploring paid or advertising monetization paths.

According to Huoxun Finance on November 12th, QCPAsia stated in its latest market briefing that the US Senate has passed a short-term funding bill, extending the government's reopening until January 30th of next year. Polymarket predicts a 96% probability that the US government shutdown will end before mid-November. Bitcoin remained around $103,000 during the Asian session, despite significant volatility in the US market. QCP pointed out that ADP and NFIB data show a softening US labor market, suggesting the Federal Reserve may continue its "cautious easing" path. Despite lingering tariff tensions and credit volatility, potential interest rate cuts and robust corporate earnings may support BTC and risk assets into 2026.

MyToken Short-Term Trading Assistant just detected a buy signal of ETH/USDT at UTC/GMT 11:00:00 am, Nov. 12, with the buy price at 3524.51 USDT. According to the analytical result from Short-Term Assistant, recently ETH is going strong and showing an uptrend. The next support level below is 3408.41 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

In the past hour, total liquidations across the network reached $10.26 million, with $817,377.8 from long positions, with $9.44 million from short positions. BTC liquidation $1.57 million, ETH liquidation $6.65 million.