US optical communications sector rebounds in pre-market trading, Lumentum says optical component capacity is "sold out" through early 2029

Odaily News: Recently, Chris Kuiper, Vice President of Research at Fidelity Digital Assets, stated: "The bear market may not be over yet." He believes that the rebound since August could be either the starting point of a new upward leg or merely a bounce within a bear market, and that "price upside does not guarantee the end of the bear market." Based on the four-year cycle framework, November is a key window to watch (the bottom of the previous bear market was in November 2022), but he also emphasized that historical cycles never repeat precisely, and BTC may decline again and set a new low in November or later.A relatively positive signal is that from June to mid-August, digital asset volatility remained low before rapidly expanding, a pattern similar to the late stages of previous bear markets, which may mean that selling pressure is nearing exhaustion. During the same period, stablecoin transfers, RWA, and institutional participation continued to grow.

Odaily News: Upbit has added KAIA Korean Won, Bitcoin, and USDT trading pairs.

Odaily News: According to MSX.COM data, U.S. pre-market memory concept stocks broadly rose, with SK Hynix (SKHY.O), SanDisk (SNDK.O), and Micron Technology (MU.O) up over 2%.

Odaily Report: According to MSX.COM data, Lumentum, a leading US optical communications company, rose 4% in pre-market trading after its CEO said optical component capacity has been "sold out" through early 2029. Boosted by this, Coherent gained over 3%, while Corning, Ciena, and Credo rose more than 2%, and Marvell Technology climbed nearly 2%.

Odaily report: According to an official announcement, Binance Alpha will remove the following tokens on October 9, 2026 at 08:00 (UTC): SUP (Superp), CUDIS (CUDIS), PYTHIA (PYTHIA), BLUM (Blum), KIN (KindredLabs), DN (DeepNode), GAIA (Gaia), STRIKE (StrikeBitAI), CDL (Creditlink), KO (Kyuzo'sFriends), VRA (Verasity), EPT (Balance), SLX (SLIMEX), CAI (CharacterX). After removal, withdrawals or sales will still be allowed.

Odaily reports: Yi Lihua posted that Bitcoin has lost the $82,000 level, and the next support level is at $79,000. However, based on the pace of the decline over the past two days, the current pullback is far from over, and it is now more likely to break below $79,000, at which point we will then assess the situation around the $75,000 range. We have been watching this $86,000 pullback for so long and indeed have not shorted, because the trend is still a bull market, and a pullback is also normal fluctuation within a bull market. We stick to the principle of expecting pullbacks in a bull market but not shorting, patiently waiting for the pullback to bottom out before buying the dip. As for the dip-buying price, never guess in advance, because the market and environment are constantly changing.