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SMCI Price Prediction: Price holds above pivot as analysts split on the underlying shares What changed in the market setup SMCI’s futures market is still trading below its short- and medium-term trend measures, even after a modest 1.44% daily gain to $28.84. That price sits just above the pivot point at $28.75, but it remains under the 7-day SMA at $30.35, the 20-day SMA at $32.63, the 50-day SMA at $37.42, the 12-day EMA at $31.10 and the 26-day EMA at $33.30. In other words, the recent bounce has improved the short-term tone, but it has not yet changed the broader structure. Momentum readings lean cautious rather than constructive. The daily RSI of 37.95 is still in the neutral-to-soft zone, while MACD is negative at -2.2043 and the histogram is flat at 0.0000. Stochastic readings, with %K at 28.74 and %D at 22.99, suggest the instrument is still trading near the lower part of its recent range instead of showing a confirmed rebound. How the current levels fit together The most important nearby levels are clustered tightly around the current price. Immediate support is $27.96, followed by stronger support at $27.09. On the upside, immediate resistance is $29.62 and stronger resistance is $30.41. That structure is consistent with the Bollinger Bands data. The lower band is $27.67, the middle band is $32.63 and the upper band is $37.59, with %B at 0.1169. That places price near the lower band, which supports the view that the market is still testing support rather than building a range above the middle band. The ATR(14) of $2.30 also suggests the instrument can move through these levels quickly once price leaves the current band. What derivatives positioning does and does not say Binance futures data shows neutral funding at 0.0000%, so there is no current settlement bias forcing longs or shorts to pay. Open interest stands at 210,337.36 contracts, with an open interest value of $5,582,075, and it fell 8.03% over 24 hours. That decline points more to position reduction or liquidations than to fresh aggressive exposure. The long/short ratios lean long inside Binance cohorts, but the reading is mixed rather than one-directional. Global accounts show 57.5% long and 42.5% short at an observation time of 2026-11-07 10:00:00 UTC, while top-trader accounts show 66.1% long and 33.9% short at the same observation time. Taker flow is only slightly buy-heavy, with a 1.0550 buy/sell ratio based on 626 buy volume versus 594 sell volume. Taken together, that is supportive of demand, but not strong enough on its own to override the still-bearish trend signals from price and momentum. The analyst updates apply to the underlying shares, not the futures instrument The latest analyst updates concern Super Micro Computer’s underlying NASDAQ-listed shares, and both were dated November 4, 2026. Raymond James, reported by Stocktwits citing TheFly, raised its price target from $48 to $65 and maintained an Outperform rating, while noting the latest results and higher full-year forecast as positives and flagging gross-margin pressure and customer concentration. Bank of America, reported by MarketBeat citing Benzinga, raised its target from $38 to $39 and maintained an Underperform rating. These are separate from the Binance futures pricing and technical data. They may frame expectations for the equity, but they do not change the intraday structure of the SMCI futures-linked instrument on their own. The split also shows that the analyst range remains wide, with the two firms drawing different conclusions from the same business update. Levels that matter from here For the current futures-linked setup, a move through $29.62 would be the first sign that price is trying to reclaim short-term resistance. If that happens, $30.41 becomes the next test and the first level that would begin to challenge the negative trend structure. Scenario; Direction: long; Entry: $28.84; Stop: $27.96; Target: $29.62; Reward/risk: 0.89:1 (before fees, slippage and gaps). Scenario; Direction: long; Entry: $28.84; Stop: $27.96; Target: $30.41; Reward/risk: 1.78:1 (before fees, slippage and gaps). If $27.96 fails instead, the next downside reference is the lower Bollinger Band at $27.67, followed by stronger support at $27.09. For now, the evidence still points to a market that is trying to stabilize, but has not yet cleared the trend damage that built up before this rebound.

Web3Auth pauses embedded wallet service after security issue, Keplr users hit MetaMask users appear unaffected, but Cosmos wallet Keplr disabled social logins after unauthorized transactions surfaced Web3Auth, the embedded wallet provider now folded into MetaMask under Consensys, has temporarily paused its embedded wallet service after identifying a critical security issue. The company says there is no evidence MetaMask users were affected. The same cannot be said for everyone who built on top of its infrastructure. The pause took effect on November 6, 2026, at approximately 21:13 UTC. Web3Auth said it shut things down to investigate the possible impact of the issue. The fallout landed hardest on third-party integrators. Chief among them was Keplr Wallet, a popular wallet in the Cosmos ecosystem. How the incident spread to Keplr Keplr used Web3Auth to power social logins, letting users sign in with Google and Apple accounts instead of managing a seed phrase. Keplr reported unauthorized transactions beginning around November 6, the same date Web3Auth flagged its issue. After tracing the problem back to Web3Auth, Keplr disabled its Google and Apple login options on November 7 to limit further risk. The exposure was not universal across Keplr’s user base. Roughly 20% of Keplr users who relied on social logins could have been exposed, according to figures tied to the incident. Blockchain tracking data linked to the breach shows around $6 million in outflows. Those funds moved from more than 44,000 Cosmos addresses and about 7,600 Injective addresses. Web3Auth has contested that total loss figure. So the $6 million number should be read as an estimate drawn from onchain flows, not a confirmed tally of stolen funds. The company has also started recovery measures. These include so-called white-hat transfers, which move assets out of vulnerable wallets and into verified addresses before an attacker can get to them. Not everyone was caught in the blast radius. Trust Wallet and standard MetaMask accounts were found to be unaffected. Keplr accounts that did not use social login also remained untouched. Why social-login wallets are under the microscope Embedded wallets with social login exist to solve one of crypto’s oldest usability headaches: the seed phrase. Social login lets users sign in the way they would with any app. Behind the scenes, a third party handles much of the key management so the user never has to. Many of these setups rely on multi-party computation, or MPC. In plain terms, MPC splits control of a private key across multiple parties, so no single piece is enough on its own to move funds. On paper, that spreads risk around. In practice, this incident shows the arrangement also adds a dependency: if the provider handling part of the process has a flaw, every app built on it may inherit that flaw. What this means for wallets, users and builders For builders, the incident raises a hard question about concentration risk. When many wallets plug into the same embedded wallet provider, a single issue can ripple across multiple ecosystems at once, in this case reaching both Cosmos and Injective users through one integration. Keplr’s quick move to disable social logins was effectively the emergency brake. For MetaMask and Consensys, the reassurance that MetaMask users show no sign of compromise will matter a great deal to that plan. Several open questions remain worth watching. The first is the final accounting: whether Web3Auth’s dispute of the $6 million figure results in a materially different number. The second is how much of the exposed value the white-hat transfers manage to secure. The third is when, and under what conditions, Web3Auth restores its embedded wallet service and Keplr turns social logins back on. Get more instant news on cexaid.com/news

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Crypto market crashing after the hack. $SOL falls under $96 $XRP falls under $1.25 $ETH falls under $2,250 $BTC falls under $78,500 Over $600,000,000 in leveraged crypto long positions have been liquidated in the past 30 minutes. This is the time to avoid fomo

KuCoin Announces Russia and Belarus Exit With Individual Account Deadlines KuCoin says it is discontinuing all services for users in Russia and Belarus. Affected accounts will receive their own deadlines for closing positions and withdrawing assets. KuCoin has announced an immediate end to services for users in Russia and Belarus, while saying it will provide an orderly process for affected customers to close positions and withdraw assets. The October 29 notice applies across the exchange’s products and features. The announcement leaves an important operational detail at account level. It does not publish one universal withdrawal deadline, so users should not assume a date circulating elsewhere applies to their circumstances. more detial👇 kucoin.com/announcement/en-i…

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Michael Saylor Hints at New Strategy Bitcoin Purchase as ETFs Lose $643 Million Michael Saylor hints at a new Strategy Bitcoin buy as BTC trades near $78,000 and spot Bitcoin ETFs lose $643 million on October 30 Michael Saylor has hinted that Strategy may have bought more Bitcoin. On Sunday, the executive chairman posted his familiar orange-themed chart on X. “We found room for even more orange,” Saylor wrote alongside the chart. He often shares this image before the company announces new Bitcoin purchases. The post did not say how many coins Strategy may have bought. It also did not confirm whether any deal had been completed. Strategy usually teases purchases on Sundays and releases details on Mondays. Bitcoin was trading near $78,000 at the time, following the $6.3 billion Binance hack. Strategy’s Recent Bitcoin Purchases The company’s buying has been slow in recent weeks. On October 19, Strategy bought 267 Bitcoin, lifting its holdings to 848,517 coins. That purchase came with $193 million in buybacks of its variable-rate preferred stock. The company also raised its buyback limit for these securities from $2 billion to $3 billion. Strategy released its latest financial results on October 29. They showed its Bitcoin holdings have grown 26% since the start of 2026. In the third quarter, the company bought 7,218 Bitcoin for $588.1 million. It also sold 5,552 coins, leaving a net gain of 1,666 Bitcoin. Strategy raised about $21.23 billion in the first ten months of the year. That money went to several company activities, not only Bitcoin purchases. The company reported record third-quarter operating income of $20.91 billion. Most of this came from an accounting gain on its Bitcoin holdings. Net income reached $19.53 billion, up from $2.79 billion a year earlier. “We’re at the beginning of the next bitcoin bull market,” Saylor said during the earnings announcement. He pointed to institutional interest and Bitcoin’s position above its 200-week moving average. Bitcoin Price and ETF Outflows Bitcoin traded at about $77,804 on Sunday, up 0.45% over 24 hours. It had dropped to around $76,100 after the October 29 Binance hack. Strategy’s September 30 statement listed 847,666 Bitcoin at a total cost of $63.95 billion. That works out to $75,437 per coin, about 3.1% below Sunday’s price. This figure does not include October purchases. U.S. spot Bitcoin ETFs lost $643.2 million on October 30, according to Bitfinex. The month ended with about $516 million in net outflows. BlackRock’s iShares Bitcoin Trust saw $233.7 million in withdrawals that day, according to Farside Investors. Fidelity’s Bitcoin fund lost $201 million, and the ARK 21Shares fund lost $129.5 million. Grayscale’s Bitcoin fund saw $53.3 million in outflows, and Bitwise’s fund lost $25.7 million. The selling erased $440.8 million in inflows from the previous four trading days. BlackRock’s fund still ended October with about $932 million in net inflows. Bitfinex estimated Bitcoin was trading 7.5% below the average ETF investor’s cost. Strategy’s variable-rate preferred stock closed Friday at $99.13, down 0.83%. The company holds $5.07 billion in dollar assets, which it says cover 3.4 years of dividend and interest payments. If Strategy confirms a new purchase, the filing would show how many coins it bought, the price paid and how the deal was funded.

Binance Wallet Outflows Widen to Three Accounts in Suspected Hack Records show 823 million USDC left Hot Wallet 34, while Binance 14 was swept again 40 minutes after its initial outflow. Ethereum records show large outflows from three Binance-labeled wallets on Oct. 29, widening the suspected security incident beyond Binance 14 to include Binance 16 and Hot Wallet 34. Analyst @mattiascaricato estimated the Ethereum-side total at about $3.5 billion. Binance said it was investigating a potential security issue and, in a 5:29 p.m. ET statement, said: “User funds are completely safe.” The exchange did not confirm a hack in that statement. The risk extended beyond the initial transfers: Binance 14 sent another 1,699.92 ETH to the same collection address exactly 40 minutes after its first large sweep. The later transaction used the same delegated code, showing that the wallet's asset-moving permission remained usable after the initial outflow.