Summary of the Master's Livestream on November 7, 2025:
1. Cetus, the DEX on the SUI chain, will gradually be phased out, with MMT taking over to carry the future of the SUI ecosystem.
2. After Jackson TGE, you can form LPs on MMT.
3. I hope everyone will actively participate in the Jackson trading competition. Please seize the opportunity in the next Jackson LP competition.
4. This Tuesday is a full moon, and the Master said a market reversal is imminent. The Master predicts a preliminary bottoming out and recovery around the 19th of this month. The market trend may slowly grind around 100,000, with a sharp drop to around 93,000 on the 19th, followed by buying.
5. There will be multiple further bottoming attempts.
6. The Master does not believe we are currently in a bear market. Bear markets don't offer many opportunities to exit; during a decline, prices drop by 30-40% at once. This is just a simple correction. People around the Master in the Web2 community also believe this correction is a buying opportunity.
7. The Master predicts a gradual recovery starting at the end of December, in anticipation of the massive monetary easing in 2026. The guru reiterated that BTC will reach 1 million, but with three prerequisites: unlimited quantitative easing (QE), a crisis of confidence in fiat currencies, and a US stock market crash.
8. ETH's pullback to 2800 is inevitable. ETH needs time to bottom out; it's currently in the bottoming phase, and subsequent price surges will be very strong. ETH's fundamentals are still very good. BTC will continue to increase its market share by dragging down other cryptocurrencies.