Orbit: Crypto Community Feed
Trump has also fled.
His Trump Media company has started liquidating Bitcoin, selling as much as 99.99% of its holdings!
The company sold 4,259 BTC, equivalent to $343.67 million.
The timing of this large-scale sell-off is very delicate: the Democratic Party is preparing to investigate the crypto industry and the financial connections between the Trump family and crypto assets.
This batch of Bitcoin holdings once peaked at a market value of $1.4 billion in 2025, but now has been almost entirely cashed out. #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 #比特币承压，ETF近7日净流出约11亿美元 $BTC
A textbook M-top pattern, the bulls' last line of defense is about to break. $SNDK $BTC $ETH
From a violent surge at 689 to 2373, followed by a cliff-like plunge, the bulls desperately tried to save themselves around 1800, but were still crushed by the bears, triggering another fierce waterfall drop.
Now the price has fallen to 843, dangerously close to the previous starting point of the rise, which is the horizontal support level at the bottom of the chart. This is a very sensitive dividing line between bulls and bears. Once effectively broken by the bears, the entire M-top formation is confirmed, and what follows is a bottomless pit.
The strategy is to balance defense and opportunistic plays.
Bulls can lightly try to go long around 830 to 840, gambling on a double bottom pattern. If it stabilizes here and forms a V-shaped reversal, the short-term target is 900 to 950.
For bears, if the price breaks below 830 with volume, do not catch the falling knife; it will likely trigger a new round of panic selling. Follow the trend to short and target lower support levels.
Regardless of bullish or bearish positions, stop-loss must be strictly set below 820. Exit immediately with a loss if broken. #美国10月非农超预期，12月加息押注升温
BTC fell from $80,000 to around $76,000. What is the most common mistake during the rebound?
The sharper the BTC drop, the more tempting the first rebound bullish candle is. But price bottoming and trend reversal are fundamentally different.
A market snapshot on November 6 showed BTC once dropped to about $75,400, then returned to around $76,000. This rebound alone is not enough to prove that buyers have regained control of the market.
Next, consider two things:
If the rebound is accompanied by increased spot trading volume and the price holds the recently recovered area on a pullback, it indicates possible improvement in buyer support.
If it’s just a quick surge followed by a fall back to the original range with insufficient rebound volume, be cautious of mistaking a brief short-covering for a new upward trend.
When judging the market, don’t rush to guess the lowest point. First confirm if the rebound has sustained buying, then consider whether it is a correction or a reversal.
#BTC #Bitcoin #TradingWatch
Tech stocks rebounded in the US stock market, but the Nasdaq weekly chart still fell about 3.4%. Do you think this rebound can hold?
ETH current price is around 2247, up about 0.7% in 24h, with a high of 2254 and a low of 2210. The volume isn't large, at 205 million.
The 15-minute chart is just grinding around 2246 (MA20), very frustrating. The 1-hour chart is above 2239 (MA20). The 4-hour chart is still suppressed below 2303 (MA20), and the daily chart is even further below 2333 (MA20).
If it stabilizes above 2254, watch for another candle; a small long position in the ant position is okay. If it breaks below 2239, take a break and don't chase.
This is my personal opinion, not a trade call.
$ETH #美股暴跌后科技股反弹，纳指周线仍跌约3.4%
Can my Ant Warehouse make it to the other side of the river? #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 $ETH
Non-farm payrolls exceeded expectations, crypto holds support levels, whales buy 8,775 ETH against the trend
#美国10月非农超预期，12月加息押注升温
Yesterday's non-farm data surpassed expectations, with the probability of a December rate hike soaring above 70%. Normally, crypto should face downward pressure. However, after a brief dip, it quickly rebounded and entered consolidation. BTC held 75K, ETH held 2220, and whales increased their holdings by 8,775 ETH here after 5 months, with total holdings reaching 23,000 ETH.
My judgment is that macro pressure truly exists now, but the choices of smart money are more worth paying attention to.
Currently, it looks more like a "washout after bad news is fully priced in" rather than a trend reversal.
Whales adding positions indicates they value the longer-term cycle rather than short-term macro disturbances.
Going forward, the market will most likely continue to consolidate, with limited short-term downside and a long-term bullish outlook. This phase is suitable for building positions in batches or opening light long positions.
My basis:
First, the previous AI stock crash triggered over $1 billion in long liquidations, with leverage mostly cleared and selling pressure reduced;
Second, the market has partially digested rate hike expectations, with strong short-term support formed around 75K/2220;
Third, on-chain funds have not panicked and fled, but rather appeared to be bottom-fishing.
Trading advice:
$BTC can be tried long in the 74.8K-75K range; $ETH can be tried long in small batches in the 2200-2240 range, with strict stop-loss set 3%-5% below support. If 75K/2200 is effectively broken, it is best to wait and observe for a second confirmation before acting.
Originally thought the weekend market would calm down a bit, but watching the market reveals the struggle continues, with an unrealized loss of 300u quietly expanding. This kind of slow, grinding downtrend is the most patience-draining.
Let's look at the distressing position status:
$BTC: Entry average price 78596.8, current price 75835.3, unrealized loss -191.63U (ROI -351.33%). The downtrend continues, paper losses keep growing, maintenance margin ratio at 1608.91%, liquidation price 68647.1, position currently safe.
$SOL: Entry average price 95.79, current price 89.98, unrealized loss -83.25U (ROI -121.30%). Dropped harder than expected, profits completely gone and now at a loss, maintenance margin ratio 1608.91%.
$SNDK: Entry average price 896.7, current price 838.5, unrealized loss -20.65U (ROI -64.88%). Continues weakening, probing lower, maintenance margin ratio 1608.91%.
Weekend liquidity is weak, market volatility hides uncertainties, currently long positions are crowded, a shakeout could happen anytime. No new orders or additional funds over the weekend, quietly holding existing positions waiting for the market.
⚠️ Personal review record only, does not constitute any investment advice
#美国10月非农超预期，12月加息押注升温
