BTC-ETH

Bitcoin (BTC) core information and current developments (October 25, 2025)

1. Basic characteristics

1. 
   ‌Decentralized and 24/7 trading‌
   
• Bitcoin is based on blockchain technology, and global exchanges operate collaboratively, supporting 24-hour trading (the settlement period is suspended for 1 hour every Friday at 16:00 Beijing time)‌1.
• Peak trading period: The price is relatively stable during the Asian session (8:00-10:00), and the most volatile during the European and American overlap period (20:00-1:00 the next day)‌1.
2. 
   ‌Technical Principle‌
   
• 
  Secure payment is achieved through asymmetric encryption (public key/private key), and the total amount is capped at 21 million to avoid inflation.
  

2. Market performance in October 2025

• ‌Price Fluctuation‌: After breaking through 47,000 US dollars at the beginning of the month, it fell back to 38,000 US dollars, and rebounded to around 41,000 US dollars in the third week. It was significantly affected by institutional capital flows and macroeconomic sentiment‌2.
• ‌Trend Analysis‌: Some views believe that short-term short positions are dominant (such as the pressure level of $3,900), and the long-term bull market potential is still optimistic

• 3. Investment precautions

  Ethereum (ETH) core information and latest developments (October 25, 2025)

  1. Basic definition and characteristics

  
  Ethereum is an open source blockchain platform that supports smart contracts, and its native token ETH is used to pay transaction fees and pledge to maintain the network‌12. Unlike Bitcoin, Ethereum uses a Turing-complete virtual machine (EVM) to support diversified scenarios such as decentralized applications (DApp), DeFi, and NFT‌3.
  

  2. Key developments in 2025

  3. Recent events

  4. Investment and Risk

  
  
• ‌Advantages‌: first-mover ecological advantages, continuous technology upgrades (such as modular architecture) and institutional adoption‌37.
• ‌Challenges‌: High transaction fees, Layer 2 compatibility and regulatory uncertainty‌
• ‌Foundation Trends‌: On October 22, the Ethereum Foundation transferred 160,000 ETH (valued at US$654 million) for an unknown purpose‌6.
• ‌Industry Conference‌: The ETHShanghai 2025 Summit focused on AI and prediction markets, and Vitalik emphasized the role of ZK ID in preventing AI abuse‌7.
• In August 2025, the price of ETH exceeded US$4,600, and fell back to the range of US$3,500-4,000 in September, reaching an intraday high of US$3,960.57 on October 21‌35.
• Institutions predict that the long-term deflation rate of ETH may drop to 0%-1.5%, affected by the EIP-1559 burning mechanism and pledge growth‌
• After the "merger" in 2022, Ethereum will fully shift to Proof of Stake (PoS), reduce energy consumption by more than 99%, and continue to optimize expansion plans (such as Layer2)‌24.
• As of August 2025, there are more than 250 million Ethereum addresses and about 5,000 DApps, accounting for 60%-70% of the application share of the encryption market‌3.
• 
  ‌Risk Warning‌: Extreme market conditions may trigger temporary restrictions on the exchange. Newbies are advised to avoid periods of high volatility‌1.
  
• 
  ‌Compliance‌: China is cautious about cryptocurrency trading and needs to pay attention to policy changes.
  
  
  
  
  
  
1. 
   ‌Technological upgrade and ecological development‌
   
2. 
   ‌Market Performance‌