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#شركة التعدين IREN transitions to AI cloud services, offering GPUs on standby for detection
The company formerly known as IRNA, which succeeded in Bitcoin $BTC mining, has transformed into an AI cloud service provider by leveraging its infrastructure and massive data center power resources. The company has signed several AI contracts and deals with major companies such as Microsoft and Poolside, through which it will generate billions of dollars in revenue..
One of the main reasons for this shift is the rising costs of Bitcoin mining and the company's desire to secure sustainable revenue sources The non-farm payroll data is just too "good," basically making a December rate hike inevitable. Now we just hope there won't be any more rate hikes in Q1 next year.
#美国10月非农超预期，12月加息押注升温
First, the non-farm employment numbers far exceeded expectations and previous values; second, the unemployment rate is also lower than expected and previous values; third, the labor force participation rate is higher than expected and previous values. With this employment situation, one rate hike will face no resistance.
On the other hand, both the annual and monthly wage growth rates exceeded expectations, with the monthly rate far surpassing expectations and previous values. One rate hike is necessary.
So this once again confirms Brother Feng's previous conclusion: the market will not improve until at least Q1 next year, and it still depends on the December dot plot. We cannot rule out another rate hike in Q1 next year.SNDK fell 22%, $BTC declined less, but risk appetite is still contracting
MarketWatch reported that SNDK dropped about 22% on Thursday, while $BTC fell about 4.8% in 24 hours. Among perpetual data from four exchanges, $BTC long liquidations were about $200 million. The valuation pullback in tech stocks and leverage liquidations in the crypto space are different mechanisms, but both reflect the market reducing high volatility exposure. The rebound depends on whether both sides can stop falling.
#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 #美国10月非农超预期，12月加息押注升温 #美国新旧国会交接或影响美伊局势 $ETH is more suitable for light position observation and waiting for signals on Saturday; it is not advisable to take heavy positions when liquidity is weak. If ETH breaks through key resistance with volume and holds on the pullback, short-term strength continuation can be expected; if it rallies then falls back or breaks down and recovers, it should continue to be viewed with a consolidation mindset. Also, pay attention to BTC's trend and its correlation with ETH, as well as potential volatility amplification from weekend news. The overall principle is: on Saturday, watch liquidity, key levels, and the authenticity of breakouts; wait for confirmation of breakouts, watch for support on pullbacks, avoid blindly chasing orders, and control position size and risk. The above does not constitute investment advice. 【The biggest fear for AI infrastructure is that the US will no longer allow free construction】
After the US midterm elections, the AI industry faces a new challenge: the Democratic Party plans to take control of Congress in January next year and push a series of AI and data center regulatory bills. Key points include restricting data centers from passing the cost of power grid upgrades onto residents, requiring disclosure of energy and water consumption, and conducting independent safety assessments of large AI models.
This will have a significant impact on AI infrastructure. Data centers can't just make money by buying a few GPUs and plugging them in; behind the scenes, power plants, substations, transmission lines, and cooling systems must be built. If developers have to bear all the additional power costs and approvals require community consent, project construction cycles and capital expenditures will increase. The previous model of competing for computing power through massive capital expenditure will face increasing pressure on returns.
This election has already sent a clear signal: among 34 elected governors, 32 support strengthening data center regulations, and 12 support bans or suspension of approvals; in 44 local referendums counted, all 44 passed restrictive measures. The Nasdaq $xQQQ has also fallen 11% below its historical high, with AI investment returns and regulatory pressure simultaneously impacting tech stocks.
I believe this is a short-term bearish signal for AI infrastructure, but not the end of the AI industry. Trump still opposes mandatory federal AI regulation, and the bills proposed by the Democrats have not yet been enacted. Real changes are more likely to happen first at the state and local levels. The future competition for AI investment will shift from who has the money to buy GPUs to who can secure power, land, and approvals. $BTC is currently weakly oscillating around $75,650, overall still in a bearish-dominated retracement pattern.
Affected by tight macro liquidity and market risk aversion sentiment, the bulls lack incremental funds to support, and the market is generally under pressure.
On the resistance side, the short-term primary resistance is at the $79,800 – $80,000 level, with a stronger bull-bear dividing line located between $85,000 – $86,800. The bearish structure is difficult to reverse before reclaiming this area.
On the support side, it is currently testing the critical lifeline at $75,000 – $76,000. Once volume breaks down below this, the downward space will further open.
A stronger defense points to the round number $69,800 – $70,000.
Maintain a defensive stance and strictly control positions during this bearish adjustment period. Avoid blindly bottom-fishing before a clear volume-driven stabilization appears.$AKE, $BEAT, $FOGO—I'm not touching any of these three. The risk hasn't cleared, so I'll just say this first. Let's start with $AKE, which is taking the most frustrating path: a slight daily decline that numbs people. Some say it's bottomed out, but with such a thick overhead supply, who wants to spend money to push it up? If it really reaches delisting, those taking over won't even have time to run. This isn't a bottom; it's liquidity slowly being drained. $BEAT is even more worrisome. It's currently consolidating at a high level, and the last time it surged to 10, it followed the same pattern—sideways for a few days before choosing a direction. But sideways movement never means a rise. Many people tried to bottom-fish, only to have a big bearish candle break support. We've seen this script too many times. The essence of high-level consolidation is that both bulls and bears are waiting for the other side to make a mistake, and retail investors are always the first to err. $FOGO has been falling for a long time; every small bounce attracts buyers. I see this more as short covering, not a reversal. The current entry point is extremely uncomfortable. No rush, I still lean bearish. Better to earn less than to get stuck. Missing an opportunity is painful for a while; being trapped halfway up the mountain is painful for a long time. On the news front, whether the nonfarm payroll data confirms the December rate hike expectation, whether the Democrats can take both houses in the US midterm elections, and Sony's Q2 operating profit soaring 45% with an upward revision of guidance—these have little to do with altcoins, so don't force them to rise. The real mainline is: funds are waiting for macro signals, and every altcoin rebound is being used to sell off. $AKE's slow decline, $BEAT's high-level consolidation, and $FOGO's fake rebound are essentially the same thing—liquidity hasn't returned. Confirming the signal is very$PEPE's decline is currently small, while $UNI is clearly underperforming
Morning 04:08
UTC snapshot, $PEPE down 1.1%, UNI down 9.6%; both have crowdedness percentiles around P95 and P88 respectively. PEPE is relatively resilient in the short term, but the high percentile means bullish sentiment is not cooling; UNI's price is weaker. Do not take PEPE's resilience as a direct buy signal; first observe whether volume and open interest improve synchronously.
#美股AI板块走势分化：云服务商走强、数据中心股承压 #美国10月非农超预期，12月加息押注升温 #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 $ZEC is wildly bullish, surging 10%!
Directly hitting 1363, looking at a 90-day stretch it has increased 1.6 times, definitely a strong performer.
It previously surged to 1697 then pulled back. Today, riding on positive news, it sharply rebounded.
Zcash NU7 upgrade activated, block time shortened to 25 seconds. This technical boost is indeed a strong stimulant.
Only a firm hold above 1440 counts as a true reversal; if it can't break through and nears resistance, you can lightly short.
$HYPE pulled back from highs, testing the lifeline.
Today it barely held flat. But from the previous high of 98, it has dropped nearly 15% in 7 days.
The most critical issue now is the price is stuck fiercely rubbing against the super trend line (78.08), a key level. Bulls are desperately defending; once broken, the trend is completely ruined.
On November 9, an options platform Hypercall will launch, a small ecological positive.
The 78 bottom line! As long as it doesn't break, you can hold on for a rebound; once it breaks down with volume, run quickly and short with the trend. #AAOIQ3营收同比增长128%，连续六季创新高 OKX net inflow of $133 million cannot be directly interpreted as exchange sell pressure
CryptoKeyhole 05:03
UTC address statistics show OKX net inflow of about $133 million; Bybit also net inflow of $203 million, while Binance had a net outflow of $340 million. Exchange address inflows only indicate coins entering platform marker addresses, which does not mean they have been placed for sale. $BTC needs to be observed for whether the net inflow continues and the direction of spot trading.
#VanEck与富兰克林推出含BTC配置的新型ETF #美国10月非农超预期，12月加息押注升温 #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 Although Anthropic has submitted an S-1 prospectus to the SEC, due to the sharp decline in US tech stocks, investors have lowered their valuation expectations from $1.5 to $2 trillion to $1.2 to $1.3 trillion, with some even suggesting the possibility of postponing the IPO.Predicted Meme Coin: AKE$AKE
Speculation Index: 5🌟 Growth Index: 7🌟
Token Analysis: AKE is quite an interesting coin. It is a platform token that uses AI to help ordinary people create games. Both generating games with AI and publishing games require payment in AKE.
Operation Suggestion: You can wait for a dip to go long and try your luck with the follow-up. In the past few days, there hasn't been a decent altcoin rally, and now AKE is the first to more than double in this period. I remain optimistic about its future.
Token Outlook:
1. Industry Trend: Focused on one-sentence generation of mini-games and AI game creation, hitting the AI + GameFi hotspot; the token has real use cases: calling AI and publishing games both consume AKE.
2. Deflation Mechanism: Platform fees are split into thirds: 33% distributed to staking users, 33% directly burned, and the remainder retained by the platform. If the platform's real usage continues to rise, the burn will cause ongoing deflation, supporting the token price logic. $SOXS opened long 25x at 68.79, mark price 70.5, floating profit 62.14%, position held.
This trade capitalizes on the panic sell-off absorption and recovery, not an emotional main rise. With 25x leverage, the actual increase is less than 2.5%, relying on the pulse after the order book gap, not trend confirmation. Above 70.5 is close to a short-term resistance zone. SOXS, as an inverse ETF, has shallow order book liquidity; false breakouts and spikes come quickly, so don't mistake floating profit for principal. @大勇干短线（互动） #IREN加速转型AI云，业务收入环比增长182%
Operationally, take profit on 50%–60% first to secure gains. For the remaining position, watch if the 71.5–72.0 resistance zone can be broken with volume; if not, reduce. Set stop loss below the entry price 68.79 to leave room for profit. If you haven't entered, don't chase; wait for a pullback confirmation before acting.
This is about market judgment, not staring at the screen but holding steady; if the trend exists, hold firmly. Everyone, don't get emotional, participate rationally in the subsequent rotation $BTC $ETH I just wanted to wait for a low interest rate, but I didn't expect to have to worry first about whether Americans are going to work.
US employment data exceeded expectations.
Market bets on rate hikes also heated up.
I just realized that good news depends on who it's good for.
At 21:30 Beijing time tonight, the US announced 165,000 new nonfarm jobs in October, with an unemployment rate of 4.1%. According to Reuters, after the data was released, market bets on a December rate hike rose from about 75% to about 80%.
In short, stronger-than-expected employment makes the market more worried that the Fed has no reason to ease and may even continue to raise rates. For stocks and risk assets like crypto, this is not the cheap money everyone is hoping for.
Stronger nonfarm data pushes up rate hike expectations and will also affect the funding environment for risk assets like BTC, but it does not necessarily mean the price of crypto will fall.
$BTC
$ETH #美国10月非农超预期，12月加息押注升温 U.S. stocks plunged yesterday: Semiconductors faced the worst day this year, with both parties clashing but the semiconductor bulls bearing the cost, single losses exceeding tens of millions
The largest single-day drop this year; $SOXL Philadelphia Semiconductor Index fell 12.25%, all 30 component stocks declined across the board. The memory sector took the hardest hit: $SNDK SanDisk plummeted 22.26%, $MU Micron dropped 17.46%,
Democrats won big, and data centers became an election issue. The November 3 election results gave Democrats control of both houses of Congress, while the White House remains under Republican control. In 10 states nationwide, 41 data center-related referendums were almost all voted against by voters, putting data center construction on hold.
With data center construction slowing, demand for servers, GPUs, HBM, and flash memory has been downgraded, triggering a sell-off in chip stocks. #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 $DOGE Brothers, the DOGE order book is acting a bit strange. Around 0.0728, orders suddenly piled up, the buy side is ridiculously thick, and the sell side breaks at the slightest touch. Damn! It's obvious the dog whale is shaking the market, stabbing back and forth to explode contracts, cutting retail traders hard 😂 From a pure technical perspective, the 4-hour MACD shows a bullish divergence at the bottom, volume is quietly increasing, this move is solid. Enter directly at 0.0728, stop loss at 0.0700, take profit first at 0.0780, if it breaks through, push higher. Don't panic, it's not a big problem. If you want to follow, check the token market card below for the order book, don't wait until it rockets to slap your thigh 🔥🚀 What do you think?
👇👇👇#IREN accelerates transformation to AI cloud, business revenue grows 182% quarter-on-quarter
IREN's shift from mining enterprise to AI cloud has led to a 182% quarter-on-quarter increase in business revenue, and many people on Orbit are talking about this.
Optimists see this as a benchmark for successful transformation of traditional computing power companies: mining machines originally used for Bitcoin mining are now directly running AI, so computing power is not wasted, and the business model has suddenly opened up with huge growth potential ahead.
However, pessimists also have a point: the AI cloud sector is now crowded with many players, fierce price wars are ongoing, and since they originally come from mining, it's uncertain whether they can deliver quality enterprise-level services.
My personal view is that this transformation direction is correct, but whether it will succeed remains to be seen. Everyone can pay close attention to subsequent customer and contract data and take it step by step. $BTC Central Bank Responds to Solana Event in Shanghai Being Stopped
According to the Financial Times, a responsible official from the People's Bank of China stated that Solana placed advertisements on the exterior wall of the Citigroup Tower in Lujiazui, Shanghai through domestic entities, promoting virtual currency marketing. The People's Bank has coordinated with local financial regulators, public security, and market supervision departments to halt the "Solana Accelerate China 2026" offline event before it started, and will investigate the involved entities and individuals. The official said that SOL is essentially a virtual currency, and Solana also provides technical services for the issuance and trading of USDT and others. According to the "Notice" issued by eight departments in February this year, promoting Solana is considered a violation. The next step will focus on cracking down on domestic traders and domestic-related entities of overseas platforms.[Nonfarm payrolls surged by 165,000, December rate hike is basically certain]
The U.S. added 165,000 nonfarm jobs in October, exceeding the market expectation of 65,000, and the unemployment rate dropped to 4.1%. Employment data for the previous two months was revised upward by a total of 84,000. The most direct signal from this report is that the U.S. labor market is more resilient than the market imagined, and the Federal Reserve currently has no reason to rush to cut rates.
Wage data is also encouraging: average hourly earnings rose 0.4% month-over-month and 3.1% year-over-year in October. Strong employment means support for consumption and economic activity, but the year-over-year wage growth is not out of control, so inflation pressure still needs to be judged in conjunction with price data. The Fed maintained rates at 3.75% to 4% at the end of October, with two officials already advocating an immediate rate hike, indicating strong hawkish voices internally.
I think the probability of a rate hike in December is already obvious. The CPI released on November 10 and the next nonfarm payroll report on December 4 will both influence the final decision. Especially inflation—if it remains stubborn, strong employment will become an important reason for a rate hike.
For the market, the trouble is that interest rates may stay higher than expected. If U.S. Treasury yields and the dollar continue to strengthen, valuations of tech stocks and crypto assets like $BTC will come under pressure. What we should guard against now is the market shifting from betting on rate cuts to repricing rate hikes.
#美国10月非农超预期，12月加息押注升温 The US added 165,000 nonfarm jobs in October, while the market originally expected only 65,000, and the unemployment rate even dropped to 4.1%. As soon as the data came out, traders immediately increased their bets on a Fed rate hike in December.
Logically, such strong employment should have crashed the market, but at the opening, chip stocks directly counterattacked, with AMD rising 11%, recovering most of yesterday's losses.
Last night, Su Zifeng said the market's concern about AI spending was "short-sighted." No one bought it at the time, but tonight some are convinced.🤣
#美國10月非農超預期，12月加息押注升溫 I've always been puzzled: clearly trading crypto, so why check the stock price of an American cloud computing company every night before bed?
Last night, the answer came. CoreWeave rose 6.3%, Nebius rose 8.6%, and that tongue-twisting Roundhill Neocloud ETF rose 8.8%, even higher than the two individual stocks.
Simply put, what these companies do is the same as what we watch with $TAO and $RENDER — renting out computing power. The difference is they’re listed on Nasdaq, while we’re hanging out on the blockchain.
When their prices go up, it often takes us a moment to react here, and by the time we do, half the move is already over.#Oklo核能供电布局距离商业化还有多远？
【Oklo Q3 Earnings Report: Is This the Future Energy Giant or the Biggest Story of the AI Era?】
Q3 revenue was only $1.86 million, but net loss exceeded $41 million.
However, the company has cash and marketable debt securities totaling $3.131 billion.
This is the biggest contradiction with Oklo: plenty of money on the books, a big story, but the real ability to make money has yet to be proven.
I have always believed that one of the biggest bottlenecks of the AI revolution is energy. Data centers need power, and nuclear energy could become an important answer for the future.
But here’s the question: is the market investing in a nuclear energy company, or is it prematurely betting on an AI energy dream that hasn’t been realized yet?
The $3.1 billion capital reserve certainly gives it a lot of room for imagination, but having sufficient funds doesn’t guarantee project success, and AI needing power doesn’t mean Oklo will necessarily get a piece of that pie.
If future projects are successfully implemented, today’s losses might just be investments before commercialization.
But if progress falls short of expectations, who will pay for the current high valuation?
I am optimistic about the future of nuclear energy, but that doesn’t mean I’m willing to pay any price for a story that hasn’t been fulfilled yet.
Do you think Oklo is the next energy giant, or the next AI concept stock overhyped by the market?$BTC has managed to hold the critical $75,000 support level, but looking at the 4-hour chart, I remain cautious about the possibility of a recovery. Bitcoin experienced a massive bearish candle, falling sharply from $81,944 and significantly weakening bullish momentum. It is now hovering around $76,140, giving the impression that a temporary bottom may have formed. However, the moving average structure tells a different story. EMA20, EMA50, and EMA100 are all positioned above the current price,#软银重金押注OpenAI，Q2财报能否交出亮眼成绩？
The boss has something to say
I saw this about SoftBank, connected with today's Anthropic IPO delay and Berkshire Hathaway hoarding cash: SoftBank will release FY26 Q2 results on November 10, having invested a total of $64.6 billion in OpenAI, and is still negotiating a 50 billion deal to build a data center in Malaysia. But the community reminds us that SoftBank is betting on OpenAI with junk bonds yielding about 10%, its stock price has dropped 50% from the June peak, and CDS has risen to 432 basis points. Today's +8.6% looks more like a rebound after a crash.
My interpretation is: SoftBank is the most leveraged player in the AI bubble. OpenAI's own valuation is shrinking, related data center IPOs are delayed, and SoftBank's structure of betting on an unlisted giant through bond issuance means that once the AI narrative weakens, it will be the first to be squeezed out. For the crypto world, this is another gauge of AI risk appetite—SoftBank's CDS rising and Anthropic's IPO delay both indicate the market is starting to reassess the sustainability of AI's cash burn.
BTC current price is about 74,500, I remain out of position. My take: tonight's rate hike trade dominates, 75,000 is resistance, looking down to 73,000; this kind of AI leverage story has nothing to do with BTC in the short term, but the direction is consistent—they are both waiting for this wave of the dollar to pass. Light positions over the weekend, no leverage.
The above analysis is time-sensitive, please stay safe. $BTC $ETH $SNDK Nonfarm payrolls 165,000? You're pulling my leg again. Every time there's off-market panic, it's an on-market trading opportunity. Still sticking to the plan to be bullish on Bitcoin.
Currently, go long on BTC at 75,000-75,500! Set stop loss at 74,000, targets at 77,500 and 78,500. #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 #美国10月非农超预期，12月加息押注升温 A couple of days ago, I said to go long at 76, clearly stating there's a high probability of a lower point. Bitcoin came as expected. Currently, 76 counts as a valid breakout. So there's a high chance it will go near 725. As for Ethereum, I think it also has a lower point, at least breaking below 2150 once. I'm a bit confused about ZEC. Although I've always thought 1048 is the bottom, it has been strong so far. Nothing else, if you want to bottom-fish, wait around 725. The trend is really diffic$AFRM
Will Affirm's expanding transaction volume also amplify credit risk?
Affirm is on the post-market watchlist following this week's earnings. Growth in installment business depends on both merchant and consumer usage, as well as funding costs, delinquencies, and loan sale conditions. Transaction volume does not directly represent distributable profits.
If financing costs are controlled, delinquencies remain stable, and unit transaction yields improve, expansion is healthier; if volume growth relies on looser credit, I would downgrade the quality of growth and first study whether losses appear with a lag.#Nonfarm Payroll Data Boosts Rate Hike Expectations
【Follow Old Chive Wealth You Have】! The US added 165,000 nonfarm jobs in October, far exceeding the market expectation of 65,000; the unemployment rate dropped from 4.2% to 4.1%, and average hourly earnings rose 0.4% month-over-month.
This data sends an important signal:
The US economy is not as weak as the market imagines, and the Federal Reserve may not ease monetary policy so quickly.
According to Reuters, after the nonfarm data release, the market's probability of a 25 basis point rate hike by the Fed in December rose to about 85%, up from about 75% previously.
Why is this unfavorable for the crypto market?
The logic is simple:
Strong employment → rising rate hike expectations → interest rates may remain high → dollar and bond yields move in opposite directions under pressure → risk asset valuations face pressure.
I think the key points to watch next are:
Whether BTC can maintain spot buying under macro pressure;
Whether ETH/BTC continues to weaken;
Whether altcoins see more obvious capital outflows than BTC;
Whether the US CPI on November 10 can ease rate hike concerns.
But don't misunderstand: the market raising the probability of a rate hike does not mean the Fed has already decided to hike.
Old Chive's observation: the short-term macro environment is bearish, so no rush to bottom-fish altcoins for now.
What really matters is not guessing the Fed, but observing whether the dollar, US bond yields, and crypto market capital flows resonate.
Macro determines the direction, capital determines the trend. $BTC $ETH $SOL ⚡ RWA INTELLIGENCE | TETHER × REDSTONE
Hadron by Tether and RedStone are working on faster liquidity solutions for tokenized assets.
🔍 Key developments:
• Price and NAV oracle feeds
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⚠️ T+0 liquidity does not mean instant redemption or guaranteed arbitrage profits.
BitChoice | Satya
$USDT $USDS Stay Bearish on Bitcoin $BTC – The Bigger Downside May Still Be Ahead! I'm maintaining my bearish outlook on Bitcoin. The market has not necessarily reached its bottom yet, and the $72,000 level remains my next downside target. For now, I don't think rushing into long positions is a good idea. The recent selling pressure is too strong, and short-term market conditions remain extremely uncertain. Last night, the Democrats delivered an unexpected political shock, triggering a sharp sell-off in th#AAOIQ3 revenue increased by 128% year-on-year, hitting a new high for six consecutive quarters I stared blankly at SOXL's intraday chart for three seconds, then quietly closed the page. Have you ever had that feeling—not that you can't afford to lose, but suddenly you just don't want to guess what the US side is thinking anymore? Last night's tug-of-war with semiconductor leveraged stocks really shattered my illusion that "short-term trading in US stocks is easy money." It's not about direction judgment; the rhythm is simply not in my hands: a surge at the open, repeated fluctuations during the session, and then an unexpected move at the close. That feeling of being dragged around by overnight sentiment is more exhausting than losing money. So I decided to return to the crypto world I'm familiar with, at least here I recognize the breathing rhythm. Back to the main point. I'm not the only one having this thought of "returning from US stocks to crypto." I've noticed a subtle shift in preference: when high-volatility assets outside start to become unpredictable, some funds instinctively contract to places with more focused narratives and more continuous trading sessions. BTC's recent performance is a projection of this psychology—it hasn't exploded, but every dip finds buyers, indicating that people willing to hold at this level are still around. This isn't frenzy; it's a compromise bullishness born from "not wanting to fuss anymore." I agree with this mostly bullish logic: if the outside world continues to disappoint, the crypto space, as a relatively familiar battlefield, will absorb some of the returning attention. BTC stabilizes first, then ETH and major altcoins get a chance to catch their breath. But the risk is obvious—this return flow is driven by sentiment, not incremental capital. Once US stocks offer a sweet opportunity again, attention will drift away. Also, BTC's current stability feels more like no one is selling rather than someone aggressively buying; this kind of "passive stability" is...Respecting the market is right — but $70,000 needs $75,000 to break first, and it hasn't. $BTC has held $75,000 all day through the jobs beat, at $75,736 now. Lose $75,000 and the road to $72,000, then $70,000, opens fast. Until then, the call is loud but the level is louder. Are you shorting the break or waiting for it? #Bitcoin #BTC #USJobsBeatExpectationsThe jobs beat did two things to $BTC: it proved the economy is still standing, and it pushed December rate-cut hopes further out. $BTC didn't flinch — still holding $75,853 above $75,000 support. The December decision is now the market's next cliff. Resistance $76,873. What moves $BTC first — the Fed or the next ETF flow print? #Bitcoin #BTC #USJobsBeatExpectations. 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The OI gap among BTC, ETH, and SOL is significant, with altcoin leverage distribution even more dispersed
Sharpe.ai 10:00
UTC statistics: BTC about $32.29 billion, ETH about $18.67 billion, $SOL about $3.59 billion. The position sizes of BTC and ETH are much larger than SOL, but SOL's volatility per unit of liquidity is easier to amplify. Position amount is not the risk rate; what really needs to be compared are OI changes, trading depth, and price amplitude.
#VanEck与富兰克林推出含BTC配置的新型ETF #美国10月非农超预期，12月加息押注升温 #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 The most vulnerable link is actually not the price itself. Have you noticed that what really kept people awake last night was leverage, not the candlestick chart? Last night, global risk assets generally weakened, but BTC stubbornly held around 75,000, and ETH didn’t drop below 2,200. On the surface, it looks like they "held up," but when I was watching the market, I paid more attention to another thing: how much high-leverage positions in the derivatives structure were liquidated during the decline. The original author said they didn’t open a BTC long position and also closed their MSTR trend position, then turned to look at relatively cheap targets like PURR. This action itself indicates that risk appetite is contracting, not expanding. Some signals I observed: - BTC and ETH holding key levels indicates spot selling pressure is not out of control, but holding doesn’t mean strengthening. - High-leverage positions without stop-loss are hard to survive such a night; forced deleveraging will amplify short-term volatility. - HYPE has given back most of its historical gains, returning to previous low areas. This kind of high-beta asset weakening often reflects a cooling of speculative willingness earlier than the broader market. - The original text mentioned "all coins returning to previous lows," which sounds like an opportunity, but from another perspective, it’s also evidence that capital is unwilling to pay a premium in advance for a rebound. My understanding is that the market is currently trading not on "bad news fully priced in," but on "survival first." The bullish path is clear: near previous lows, stop-loss space is small, and once support is effective, the rebound elasticity will be large, especially for fundamentally sound assets that have already fallen sufficiently. But the risk is also hidden here—if BTC breaks below 75,000 and ETH falls below 22 To get rich, you have to bet big.
Now it's bad, even the underwear is tied up.
A few days ago, the whole network was hyping that new address, but today it completely collapsed.
At that time, he chased ETH up with $14,760,000, with an unrealized profit of $470,000, looking like a war god.
But today, when the market crashed, this guy not only didn’t run, just now he forcibly withdrew 3,500 ETH from a certain exchange, forcibly pulling the average price up to 2305.
Got it?
This is called buying more as the price falls; he has already poured $22,530,000 in a single week.
But the current cost is: an unrealized loss of $640,000.
Retail investors get scared and cut losses after losing a few hundred dollars, but this guy lost hundreds of thousands and is still holding on and adding positions.
This is not "betting big," this is basically signing a death pact with the market manipulators.
Now Bitcoin has directly smashed below 76,000, and Ethereum has dropped to 2,300.
Will this whale be able to counterattack from the brink and catch the bottom, or will he be liquidated and sent off tonight?
The above is only a personal review and does not constitute any trading advice.
$ETH $BTC $AAVE
Regarding fixed interest rates, Aave has truly taken a step forward this time. Labs has acquired the Avon team and technology; fixed and variable lending, as well as on-chain order books, are all within the scope of the deal, and the team will remain to continue development.
I view this news somewhat positively, but I wouldn’t directly attribute tonight’s price increase to it. AAVE spot is quoted at 131.61, with a 24-hour low of 122.13 and high of 133.32; perpetual positions are about $14.79 million, with a funding rate of 0.01%. The price has rebounded from the low, but contract size remains small; news hype and new capital inflow are not the same.
The Avon terms have not been disclosed, and there are currently no answers on when the fixed interest rate product will launch or who will use it. The direction is set, but implementation still needs to wait.
#美国10月非农超预期，12月加息押注升温 As of the time of writing, the US stock market shows the Dow Jones Industrial Average down 0.31%, the S&P 500 up 0.80%, and the Nasdaq up 1.57%, potentially recovering part of Thursday's losses.
Yesterday, semiconductor and memory chip stocks that had plunged rebounded strongly: AMD surged over 10%, Micron Technology and SanDisk rose over 7%, Western Digital climbed over 6%, Intel gained over 5%, and SK Hynix, Seagate Technology, and Broadcom increased over 4%.
$BTC $SNDK $SKHYNIX #美国10月非农超预期，12月加息押注升温 $ZEC
ZEC has passed 1360, but this time I'm not rushing to treat the upgrade news as fuel. NU7 has already been activated, the protocol changes are solid, and the price reaction is indeed strong.
However, the market isn't that clean. OKX spot is currently at 1356.95, with a 24-hour low of 1213.56 and a high of 1387.89; perpetual positions are about $190 million, and the current funding rate is 0.01%. It has risen a lot, and leverage hasn't exited; those chasing after the surge are not having it easy.
I prefer to see this phase as a re-pricing after the upgrade landing. Whether it can go far still depends on whether spot trading volume can keep up, rather than just focusing on breaking integer levels.
The panic near the recent low is still there, and above 1360 is not an automatic safe zone either. Let's first watch the volume and pullbacks, and talk less story.
#美国10月非农超预期，12月加息押注升温 I think this round of meme coins only has speculative value, no allocation value.
Here's a harsh fact: the pricing factor for meme coins has never been fundamentals, but market risk appetite. Now that the appetite has collapsed, the meme sector has fallen 7.55% in 24 hours, the worst performer overall.
$DOGE is at 0.0723, down 6.2%; $PEPE is at 0.0000048, up 27% in 30 days, considered a survivor, but still took a hit today; $SHIB is clinging to the critical support at 0.00000448, breaking it means the next level down.
In this environment, meme coin positions should be cleared or minimized. Only when BTC stands back above 77000 and the fear index rises above 50 is further upside possible.Today is somewhat unusual; both bulls and bears are aggressively building positions before the non-farm payrolls. Has the US stock market been losing badly recently? Tonight feels quite scary. Wednesday's small non-farm ADP data was flat compared to the previous value, indicating stable employment. However, this data alone cannot serve as a forward-looking indicator. I believe employment between 50,000 and 100,000 meets expectations and allows the market to recover. If it's below 50,000 or even Interest rate hike expectations soar to 77%! Will Bitcoin bottom out or crash tonight?
The probability of an interest rate hike expectation has surged to 77%, liquidity expectations tighten again, directly adding another heavy bearish factor to BTC, which is already under pressure. Bitcoin is a risk asset highly sensitive to interest rates; in a high-interest-rate environment, funds prefer to flow into U.S. Treasuries for safety, and high-volatility assets face valuation suppression. This is the core reason for the recent continuous weakening of bullish confidence.
The current market faces two possible evolution paths:
✅ Bottoming scenario: Effective support near 75,000, leverage is mostly released, ETF outflow pace slows down. The market enters a long period of oscillation and bottoming, repeatedly shaking out positions to exhaust short sellers, but it is difficult to immediately start a strong rebound. 76,000 has become strong resistance, and selling pressure remains heavy when the price rebounds to this level.
❌ Crash risk: If the key support at 75,000 is broken with high volume, it will trigger a new round of cascading liquidations, passive sell-offs will surge, and the decline speed will significantly accelerate.
Judging the subsequent trend cannot rely solely on the interest rate hike expectation indicator; spot ETF fund flows and leverage levels are the core to verify strength or weakness. As long as ETFs continue net outflows, even if short-term stop-loss signals appear, it will only be weak oscillation.
During market weakness, altcoin risks are amplified. Assets like CORE, which have ongoing fundamental issues and shrinking liquidity, can easily experience independent downtrends. Interest rate hike expectations are just the fuse; fund withdrawal is the key factor determining the depth of the market movement.SNDK and SOXL combined liquidations exceed $100 million, AI trading is also deleveraging
Among the four exchanges' statistics, SNDK's 24-hour liquidation is about $55.34 million, SOXL about $52.09 million; both are mainly long liquidations. During the same period, $BTC liquidations were about $224 million. AI semiconductors and crypto assets are both under pressure, indicating that risk reduction is not limited to the crypto circle, and cross-market leverage is contracting simultaneously.
#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 #美国10月非农超预期，12月加息押注升温 #美国新旧国会交接或影响美伊局势 October's 165K payroll gain was not an isolated upside surprise: the 84K upward revision to August and September adds weight to the strength, while 0.4% monthly wage growth complicates any easy policy pivot.
Higher Treasury yields reflect that reassessment. Still, one report cannot settle December policy; the durability of wage pressure remains the open question.
#USJobsBeatExpectations #The CLARITY Act faces setbacks, SEC regulatory authority may expand The CLARITY Act was originally a rights-confirmation bill anticipated by the crypto industry, with the core goal of delineating SEC and CFTC jurisdiction: classifying sufficiently decentralized tokens as digital commodities under CFTC oversight, narrowing the SEC's "Howey Test" discretionary space, and providing the market with clear classification standards. Now the bill failed a procedural vote in the Senate, compounded by the Democrats taking control of both chambers.
The bill's shelving means the industry's hoped-for "regulatory separation" has failed, allowing the SEC to continue applying the existing securities law framework and independently determine that the vast majority of tokens are securities, significantly expanding its enforcement scope. Exchanges, issuers, and DeFi protocols will face higher compliance pressure, and the previously expected regulatory certainty dividend in the market has directly disappeared.
On the market front, this news is bearish for crypto. Although spot ETFs have been approved, subsequent new project launches, token listings, and tokenized securities businesses will face stricter review standards; regulatory uncertainty around stablecoins and on-chain derivatives is rising again.
However, boundaries must be distinguished: the bill's failure does not equal a total ban, SEC enforcement will still be constrained by judicial precedents and will not expand without limits. In the medium to long term, it depends on whether the new Congress will introduce alternative versions or if the SEC will issue dedicated digital asset rules.
Key follow-ups: new SEC lawsuits against platforms and projects, tokenized asset approval criteria, and whether bipartisan compromise legislation emerges.
$BTC $ETH $SNDK $ZEC showed remarkable resilience yesterday as the US stock market experienced severe turbulence and $BTC came dangerously close to breaking below the critical $75,000 support level. Despite the broader market weakness, $ZEC moved in the opposite direction, pushing its daily high to $1,322. This kind of performance highlights its relative strength and shows that capital interest in the asset remains particularly strong. Looking at the daily chart, the $1,200–$1,210 support zone continues to hNon-farm payrolls surged by 165,000! BTC falls instead of rising; can 75K hold tonight?
Non-farm payrolls increased by 165,000, significantly exceeding market expectations. The data itself indicates strong economic resilience, but it is bearish for Bitcoin, directly suppressing rate cut expectations: an overheated job market will cause the Federal Reserve to pause its rate cut pace, U.S. Treasury yields rise, and a high-interest-rate environment puts pressure on liquidity-sensitive risk assets like BTC. This is the core logic behind BTC falling instead of rising after the data release.
The previous 76,000 support has already been broken, and the market focus has now shifted down to the critical 75,000 defense line.
✅ If 75,000 holds: it would be a short-term buffer, likely triggering a technical rebound, but since 76,000 has turned into strong resistance, it will be very difficult for the rebound to regain strength.
❌ If 75,000 is decisively broken with volume, a new round of cascading liquidations could easily be triggered, opening further downside.
Currently, two key indicators need close monitoring: spot ETF fund flows and whether long leverage positions are being concentratedly cleared. If ETFs continue to see net outflows, even if a short-term bottom forms near 75K, the sustainability of any rebound is questionable.
In a market under pressure, altcoin risks increase. Tokens like CORE, which have experienced cascading crashes and liquidity shrinkage, will be much less resilient than BTC. The macro shock from the non-farm data is just the fuse; the real determinant of market direction is whether institutional funds continue to withdraw.This nonfarm payrolls report exploded again, with October seasonally adjusted nonfarm employment increasing by 165,000, expected 65,000, previous 29,000.
This is definitely bearish for the market, but after last night's leak like this, there is no momentum for a second sell-off. A downward spike of several hundred points as a sign of respect, it feels like as long as it slightly meets expectations, it will be a big bullish candle.
Next week we still need to watch the probability of a December rate hike. This week might end like this, as long as it can hold steady tonight! $ZEC $BTC $ETH #美国10月非农超预期，12月加息押注升温