According to @KobeissiLetter, China’s exports contracted 1.1% year over year in October, the first decline in eight months and a sharp miss versus the expected +2.9% increase (source: @KobeissiLetter). According to @KobeissiLetter, shipments to the US plunged 25.1%, marking a seventh consecutive monthly drop, while exports to the EU rose just 1.0% (slowest since February), with South Korea, Russia, and Canada all seeing double-digit declines and the rest of the world up 3.1% partially offsetting weakness (source: @KobeissiLetter). According to @KobeissiLetter, export momentum is fading, putting a cautionary tone on risk sentiment that crypto traders may watch for potential volatility in BTC and ETH during Asia trading hours (source: @KobeissiLetter).