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A New York Stock Exchange-listed company has placed almost its entire balance sheet on Ethereum. The significance of this is more worth watching than price fluctuations.
As of 14:00 EST on November 8, BitMine holds 6,070,092 ETH, valued at approximately $1.356 billion at $2,234 per ETH, accounting for 4.97% of the total ETH supply. In the same disclosure, it holds only 216 $BTC, about $180 million in equity assets, with total assets around $1.43 billion. ETH is almost its entire net worth.
What’s more worth pondering is the pace. Last week, it bought an additional 9,587 ETH. Holding nearly 5% of the supply and adding nearly ten thousand more, the absolute number isn’t shocking, but the direction is clear: no selling, no reduction.
The key is that these 6.07 million ETH are no longer scattered across countless addresses but are on the balance sheet of a single financial entity. Its disclosure rhythm, stock price fluctuations, and accounting treatment will be read by the market as a concentrated sample of ETH supply.
The real variable is not the stock but whether these coins will move. If nearly 5% of holdings enter staking or governance contracts, the voting margins for protocol upgrades could be rewritten. However, public information does not provide average cost or funding sources, so this can only be treated as a starting point for observation.
When ETH holders shift from millions of wallets to a few companies plus millions of wallets, the center of pricing power quietly shifts as well. Although the entire market has been discussing the Nvidia controversy all day today, the more important factor affecting the market—oil prices—is actually falling.
As long as oil prices steadily decline, inflation eases, CPI/PCE and other data look good, interest rate hike expectations weaken, and even Trump's approval rating can recover.
This removes the most important premise that previously caused the market to fall, making other minor details less significant.
So don't be confused by the current noisy chaos; crude oil is the anchor of the market. When oil falls, everything thrives. #英伟达启动独立调查，管理层稳定性受关注 $CL $NVDA Current price 861.3, up 5.04%, 24h low hit 790.1, then pulled back to 861.9. It looks like a rise, but if you look further back, you know this is not a reversal at all. It dropped all the way down from 1427.3, only stopping at 790.1, nearly halving in between. The MA5 above is at 833.8, just recovered, MA10 at 975.7, MA20 at 1123.7, all pressing down from above. This kind of movement is a typical oversold rebound, not a trend recovery. But fundamentally, you really can't say it's bad. Everyone has seen the latest financial report, right? FY2027 Q1: revenue 11.03B, up 378% year-over-year, EPS $49.51, expected only $46.67, directly beat. Q2 guidance is 12.2-12.6B, gross margin still around 85%. The data center segment is even more impressive, 4.8B, up more than 16 times. The company is truly profitable, not just telling stories. So why is it still falling like this? Simply put, it's not the company's own problem, the entire AI sector has been getting hammered recently. Last week SNDK dropped more than 27% in a week, down over 64% from the June high. Plus the recent Jensen Huang situation at Nvidia, the whole AI chain is panicking, funds are flowing out. There's also a new piece of news many haven't noticed: 8-for-1 splitA New York Stock Exchange-listed company has placed almost its entire balance sheet on Ethereum. The significance of this is more worth watching than price fluctuations.
As of 14:00 EST on November 8, BitMine holds 6,070,092 ETH, valued at approximately $1.356 billion at $2,234 per ETH, accounting for 4.97% of the total ETH supply. In the same disclosure, it holds only 216 $BTC, about $180 million in equity assets, with total assets around $1.43 billion. ETH is almost its entire net worth.
What’s more worth pondering is the pace. Last week, it bought an additional 9,587 ETH. Adding nearly ten thousand more while holding close to 5% of the supply is not a huge absolute number, but the direction is clear: no selling, no reduction.
The key is that these 6.07 million ETH are no longer scattered across countless addresses but are on the balance sheet of a single financial entity. Its disclosure rhythm, stock price fluctuations, and accounting treatment will be read by the market as a concentrated sample of ETH supply.
The real variable is not the stock but whether these coins will move. If nearly 5% of holdings enter staking or governance contracts, the voting margins for protocol upgrades could be rewritten. However, public information does not provide average cost or funding sources, so this can only be treated as a starting point for observation.
When ETH holders shift from millions of wallets to a few companies plus millions of wallets, the center of pricing power quietly shifts as well. 🚨 Whale suffers heavy losses at dawn! $140 million long positions forcibly liquidated, yet still continuing to add longs after liquidation?
The market movement at dawn really stunned everyone.
The market suddenly experienced severe volatility, and a whale with an enormous position size faced massive liquidation. According to circulating market data, its long positions suffered a cumulative loss of about $140 million, including:
- $ETH: approximately 63,000 coins, valued at about $135 million
- $BTC: approximately 60.8 coins, valued at about $4.56 million
A sharp drop directly caused this huge leveraged position to pay a heavy price.
But what’s even more surprising is that this whale doesn’t seem to have changed its bullish stance; instead, it continues to maintain long exposure to BTC and ETH.
According to related position data, it currently still holds about $113 million in BTC and ETH long positions, with an unrealized loss of about $12.39 million.
Two key numbers to watch:
- Estimated BTC liquidation price: $72,197
- Estimated ETH liquidation price: $2,004
This means that if the market continues to move downward, these positions still face significant risk.
And there is another important variable right now: the upcoming US October CPI release.
If inflation data exceeds market expectations, it could once again influence market judgments on the Fed’s December rate policy, thereby intensifying short-term volatility in BTC and ETH.
What I’m more concerned about is not how much this whale lost, but why it is still willing to continue bearing such a large market... $ETH looks heavy af right now.
Rejected hard from 2450 and just printed another leg down to 2063. This little bounce to 2120 feels like classic bull trap energy.
Short setup I’m watching:**
- Entry: 2135 – 2160
- Stop: 2245
- Targets: 2060 → 1980 → 1900
Risk small, let the next dump pay. Who else is fading this?
$ETH A single piece of news can shake the entire market, especially when it involves key figures in the field of artificial intelligence.
NVIDIA is not just a chip manufacturer; it is one of the most important pillars of the current AI market.
With news circulating about Jensen Huang and an independent board investigation, market sentiment quickly turned cautious. NVIDIA's stock price fell more than 2% in pre-market trading, and Nasdaq futures also came under pressure.
Why is this matter worth attention?
Because when a major leader in the AI industry is questioned by the market, the impact may extend beyond just one stock. Tech stocks, AI-related investments, and even cryptocurrency market sentiment could be affected.
For Bitcoin, this is a reminder once again: changes in traditional financial markets cannot be ignored. AI-related tokens like TAO, RENDER, and NEAR may also face sentiment-driven volatility.
But please stay rational: short-term uncertainty does not necessarily mean a reversal of the long-term trend.
Do not panic, do not blindly chase highs or sell lows, wait for the market to give a clear direction.
In the crypto market, protecting principal and seeking opportunities are equally important.
#NVIDIA #JensenHuang #Bitcoin #AI #CryptoMarket #OKXOrbit
NFA, DYOR.
#DailyOrbit $SUI is green, but I'm not buying this strength.
Shorts control almost four times more capital than longs, and sellers are still hitting harder than buyers.
The interesting part? Most shorts aren't even making huge profits yet. Bears still have plenty of skin in the game.
I expect SUI to move lower. This bounce looks weak, and the buying pressure isn't convincing me otherwise.Capital Flow: The "Bleeding" of ETFs Systematically Outflows, Yet Long Positions Haven't Decreased
ETF—$1.282 Billion Outflow in a Single Week, the Largest Weekly Outflow Since June
During the week of November 2–6, the US spot Bitcoin ETF saw a net outflow of $1.282 billion, with BlackRock IBIT alone accounting for $1.21 billion, representing 98% of the total outflow. On November 5 and 6, there were consecutive daily outflows exceeding $410 million. All 12 products experienced no net inflow, while Fidelity FBTC bucked the trend with an inflow of $42.8 million, which was negligible. The cumulative fund flow for 2026 has officially turned to a net outflow of approximately $914 million, reversing nearly a year of positive accumulation systemically.
This is not a "rotation"; it is a concentrated institutional withdrawal on a weekly scale.
Derivatives—Long Positions "Haven't Really Decreased," Representing the Most Vulnerable Segment Currently $BTC $ETH $SOL #BTC与ETH现货ETF单周净流出超16亿美元 I seriously reviewed this wave of the market. Bitcoin $BTC has now fallen back below 75,000, and Ethereum $ETH has dropped to around 2,100. Unfortunately, my previous short positions were wiped out by that rebound and didn’t hold until this sunrise! Luckily, I opened shorts again at a high level afterward, which helped me recover a bit!
Earlier, I said a rebound doesn’t mean a reversal and warned that ETF funds were flowing out. I didn’t believe the market would turn bullish just like that, but then Bitcoin suddenly surged to 81,000 and Ethereum touched 2,450, wiping out all shorts with stop losses. The short-term trend was indeed strong then, and I have to admit when I was wrong!
But looking back, the subsequent decline confirmed my doubts about the quality of the rebound. From November 2 to 6, Bitcoin spot ETFs saw a net outflow of about 1.28 billion dollars, and the issue of fund relay has persisted. The problem is, being right about the big picture doesn’t mean you can make the right trades at good entry points. I warned about the rebound but still didn’t avoid it myself!
Now I believe the overall trend is still bearish, but since it just dropped sharply, I won’t chase shorts. There’s still turmoil in tech stocks outside, and CPI data is coming tomorrow night. Let the market shake out first and wait for the data to settle!A New York Stock Exchange-listed company has placed almost its entire balance sheet on Ethereum. The significance of this is more worth watching than price fluctuations.
As of 14:00 EST on November 8, BitMine holds 6,070,092 ETH, valued at approximately $1.356 billion at $2,234 per ETH, accounting for 4.97% of the total ETH supply. In the same disclosure, it holds only 216 $BTC, about $180 million in equity assets, with total assets around $1.43 billion. ETH is almost its entire net worth.
What’s more worth pondering is the pace. Last week, it bought an additional 9,587 ETH. Adding nearly ten thousand more while holding close to 5% of the supply is not a huge absolute number, but the direction is clear: no selling, no reduction.
The key is that these 6.07 million ETH are no longer scattered across countless addresses but are on the balance sheet of a single financial entity. Its disclosure rhythm, stock price fluctuations, and accounting treatment will be read by the market as a concentrated sample of ETH supply.
The real variable is not the stock but whether these coins will move. If nearly 5% of holdings enter staking or governance contracts, the voting margins for protocol upgrades could be rewritten. However, public information does not provide average cost or funding sources, so this can only be treated as a starting point for observation.
When ETH holders shift from millions of wallets to a few companies plus millions of wallets, the center of pricing power quietly shifts as well. $SOL SHORT SETUP – WEAK BOUNCE, BIG DROP STILL IN PLAY.
Just like BTC, Solana got smoked from 98 and is now struggling under 88–89 after tagging 84.98 lows.
**Setup (4H):**
- **Entry:** 87.80 – 88.50 (on any weak relief bounce)
- **Stop Loss:** 90.20 (above recent swing)
- **TP1:** 84.50
- **TP2:** 82.00
- **TP3:** 79.50
Risk 1–1.5%. Don’t let this fake bounce trap you.
Who’s fading this strength with me? 📉
#TechStocksReboundWatch Once a trend forms, it does not end easily. $AEON four-hour death cross downward, one-hour rebound weak, bears continue.
Short at 0.02605, 20x leverage, mark at 0.02491, +87.52%, position open.
Rebound at 0.0258-0.02605 still watchable, stop loss at 0.0265, take profit at 0.02491/0.0235.
Do not go against the trend before the golden cross breaks resistance. 20x leverage, lightly hold for swing trading.
Community tracks the trend, follows the direction, continue to ride the trend next time. $BTC $ETH #美国10月CPI前瞻：12月加息预期会否改变？ $BTC SHORT SETUP THE DUMP ISN’T OVER
Price just got rejected hard from 81.2k and is sitting right under 74.5–75k resistance after tagging 73.5k lows.
**Setup (4H):**
- **Entry:** 74,600 – 75,000 (on any weak bounce)
- **Stop Loss:** 76,150 (above recent structure)
- **TP1:** 73,000
- **TP2:** 71,500
- **TP3:** 69,800
Risk 1–1.5%. Let the next leg down pay you.
Who’s riding this short with me? 📉
#USCPIDecemberRateWatch $TAO — Bittensor where participants contribute digital resources and are rewarded according to network-defined incentives. This creates an alternative model for organizing AI services. The important research questions are the quality of outputs, incentive integrity, subnet demand, and economic sustainability. Bittensor coordinates decentralized machine-learning markets through subnet-based networks, where participants contribute digital resources and are rewarded according to network-defined incNever expected to reach 73k in this way... North Korean hackers and the US circuit breakers aren't as fierce as Huang Renxun's moves. I originally planned to go all-in on a black swan event, only to realize this is the real black swan 😭 This morning, retail investors were still very bullish, but the main players withdrew all large orders above 65k. Now retail is still enthusiastically long, while the main players have placed large orders at 70k. Strong altcoins are no longer hitting recent lowsBlockchain filing and algorithm filing systems are undergoing adjustments, and enterprises and developers involved in related businesses need to pay attention. On November 9, the Cyberspace Administration of China officially launched a brand-new "Internet New Technology and New Application Information Service Filing System" (beian.cac.gov.cn). Meanwhile, the two original systems have been officially discontinued: Internet Information Service Algorithm Filing System; Blockchain Information Service Filing Management System. This means that related filing services will be unified and handled through the new system. 1. What are the requirements for blockchain filing? The filing Q&A released by the Shanghai Cyberspace Administration clarified several key points: Service name: Must not include terms such as "virtual currency," "exchange," "ICO," and other related words; Business scope: Involvement in virtual currency issuance, trading, or ICO business will affect the filing application; Server deployment: Servers deployed overseas may affect the filing; ICP filing: Failure to complete ICP filing will also affect the application; BaaS platform: Blockchain-as-a-Service platforms are also required to fulfill filing obligations. For blockchain project parties, technical service providers, and enterprise developers, filing is not just about submitting materials but also requires attention to service names, actual business content, and infrastructure deployment. 2. New registration requirements for AI applications This adjustment not only involves blockchain but also covers generative artificial intelligence services. Generative AI applications that call already filed large models via API and provide public services with public opinion attributes or social mobilization capabilities,🚨Urgent: 🇺🇸 PNC Bank, valued at $410 billion, partners with Coinbase to offer digital stablecoin payments.
#مسؤول at the Federal Reserve says inflation remains the biggest risk #NVIDIA Launches Independent Investigation, Management Stability Under Scrutiny
NVIDIA has initiated an independent investigation, with management stability becoming the focal point.
The NVIDIA board has launched an independent investigation led by independent directors, primarily to verify whether Jensen Huang has become a target of foreign intelligence due to personal misconduct allegations. The current stance is "no evidence of national security or company secrets being compromised," and Jensen Huang remains CEO.
The market's concern is never about the gossip itself, but rather the **"Jensen Huang = NVIDIA" governance structure**: 30 years at the helm, no public successor, founder deeply tied to China compliance and client relationships. If the investigation drags on or uncovers compliance issues, it will trigger "key person risk"—heightened regulation, cautious clients, and stock price discounting.
In the short term, attention is on the November 17 earnings call and the November 18 congressional briefing; in the medium term, whether the investigation's conclusion is limited to personal misconduct. NVIDIA wants to use the independent investigation to separate "founder risk" from the company machinery, but the market is skeptical—**it's too much like a one-person company, inherently hard to separate**. Fundamentals remain strong, but governance premium is set to decline. $BTC [Crude oil falls nearly 5% in a single day, Middle East war premium is rapidly fading]
Brent $BZ and WTI $CL both plunged simultaneously, with the most direct reason being Trump's signal to temporarily hold back further military strikes on Iran. The market had previously added a high Middle East supply disruption premium to crude oil, which is now being unwound. Brent has already fallen about 16% last week, marking the worst weekly performance since the 2020 pandemic.
Middle East crude oil export flows are recovering, global supply is gradually easing, and high oil prices are suppressing demand. JPMorgan estimates that global crude oil supply in October may exceed demand by about 1.4 million barrels per day. In other words, the oil price decline is not only due to the cooling of war risks but also because supply and demand themselves no longer support the previous high prices. This is the fundamental pressure behind this round of decline.
For the market, the oil price drop helps alleviate energy inflation pressure, theoretically giving the Federal Reserve more policy space and reducing corporate costs. However, with strong non-farm payroll data and still tight interest rate expectations, we cannot expect the oil price decline to immediately reverse the risk asset trend. Crude oil is shifting from geopolitical conflict pricing to supply and demand pricing; as long as the Strait of Hormuz transportation does not sustainably recover, the war premium still has the potential to rebound.
#美伊外交斡旋持续，霍尔木兹通航分歧待解 $CORE speaks with real data. When you hear someone say that the daily trading volume on a CEX is just tens of dollars, think about it logically. A public chain like CORE with a daily trading volume of only tens of dollars no longer exists. The fact is that CORE's CEX daily transaction volume is in the millions of dollars. This is the real data. There are still 18 global exchanges, and European and Asian trading volume only accounts for 30%.$FIL Breaking: The core clearing and settlement layer of the upcoming NYSE-affiliated tokenized securities platform will be built on Avalanche technology.
Avalanche will support the platform's clearinghouse, enabling the development of 24/7 trading, clearing, and settlement infrastructure.
This is a milestone step towards the next generation of global financial markets. Will the next step be recording RWA on FIL?? #BTC与ETH现货ETF单周净流出超16亿美元
The leader has something to say
I came across this ETF fund data, and the numbers are a bit scary: According to Farside data, from November 2 to 6, the net outflow of US spot BTC ETFs was about 1.282 billion, and ETH ETFs had a net outflow of about 365 million, totaling 1.647 billion USD. BlackRock IBIT had a weekly outflow of 1.009 billion, and ETHA outflowed 346 million. There was a brief inflow on November 4 for one day, then the next two trading days saw synchronized outflows again. BTC is down 0.42% today, ETH down 0.39%.
My interpretation is: This is institutions voting with their feet. Non-farm payrolls surprised negatively, December rate hike probability is 80%, ETF funds have net outflow for the second consecutive week, with a scale six times that of the previous week, and IBIT has become the main source of selling pressure. The community bluntly says: ETFs are shifting from the demand side to the supply side. For the crypto space, this means the market is supported by retail and on-chain traders, lacking institutional funds to catch the fall; BTC falling from 80,000 back to 75,000 perfectly matches this outflow rhythm.
BTC current price is about 75,000, consolidating Monday night. My approach: ETF outflow is a slow variable, but it determines the rebound height; do not chase if 75,000 is held, if it breaks below 74,500 look down to 73,000. Tonight RKLB and ASTS earnings reports, wait for US stock market open to decide direction.
The above analysis is time-sensitive, please stay safe. $BTC $ETH $SOL Mainstream Coins This Week: Narratives Shifting Gears (๑•̀ㅂ•́)و✧
The focus for BTC, ETH, and SOL this week isn’t on "buzz," but on the subtle changes in pricing logic.
For BTC, Cathie Wood has loosened the "digital gold" constraint: it doesn’t have to move in sync with gold and still has room to break through relative to gold. My understanding is that BTC should establish its own rhythm instead of always being led by gold and the US stock market.
For ETH, Vitalik has shifted the valuation discussion from "burn volume" back to real demand, especially emphasizing the external economic activity brought by RWA. Burn volume speaks to scarcity, but external income is what can set the floor.
For SOL, Samsung Wallet’s stablecoin account has launched, Schroders has partnered with Centrifuge to push an emerging market debt fund, and October’s ecosystem application revenue reached $153 million. Traditional finance’s continued entry carries more weight than mere ecosystem hype.
Overall, I remain optimistic: the positives are accumulating, and next it depends on whether BTC, ETH, and SOL can translate these fundamental changes into market moves ٩(ˊᗜˋ*)و
$BTC $ETH $SOL
#美国10月CPI前瞻：12月加息预期会否改变？ $BTC has fallen back to around $75,400. More concerning than the drop itself is the continued outflow of money from the US spot ETF!
Glassnode data shows that since May, the average daily trading volume of the US spot BTC ETF is about $1.3 billion, only one-third of the previous active phase. The original report counted a net outflow of nearly $1 billion over two weeks. Updated to November 6, there was a net outflow of $1.282 billion in just five trading days from November 2 to 6!
Interestingly, another set of Glassnode data from the same period shows that the combined trading volume of spot exchanges and ETFs is still about 50% higher than before the August rally. On-exchange trading hasn't stopped, but active trading and new capital inflows are two completely different things.
Some say ETF funds often follow price movements and are not leading indicators. That makes sense, but continuous redemptions could also weaken spot demand, so it can't be lightly dismissed as just a "lagging indicator." Now that BTC has returned to $75,400, it has already fallen below the short-term holder cost zone of about $75,700, and the true market average of $77,700 has yet to be recovered.
I still tend to interpret this round of movement as a complex adjustment in the early stage of a bull market, but we can't ignore the current capital pressure just because of long-term optimism.
What really matters is: whether key support can be regained, when ETF outflows will slow, and whether spot buying can take over. The early bull phase can progress slowly, but we can't always expect on-exchange funds to carry themselves!Don't treat tomorrow's CPI as a reversal.
$BTC is stuck sideways around 74,000, and many people have already started fantasizing "it will take off as soon as the data softens"—this kind of muscle memory is the easiest to get cut by.
My own probabilities: a decent rebound only 10%; shallow pullback 45%, flat 25%, leaning towards a drop 20%.
The December rate hike is almost 80% priced in, and meeting expectations isn't necessarily truly bullish.
Comment below: are you betting on a bounce or a drop?
#美国10月CPI前瞻：12月加息预期会否改变？ $SOL dropped from $96 to $88.30, then stayed trapped between $89–$90.50. Over 30 hours, it gained just $0.03, recovering only 1.5% from its low. The sharp drop wiped out leveraged longs, while the current tight range shows market indecision. ⚠️ Low volatility doesn't mean low risk. A breakout could trigger strong moves in either direction. Watch the $89 support and $90.50 resistance. #SOL #Solana #BTC #ETH #CryptoMarket$XAU Direction: Short
· Entry: Short when the rebound is resisted near 4135 - 4140 (close to the resistance just above the current price).
· Stop Loss: Firmly stop loss if it breaks through 4145 (above the previous high).
· Take Profit: First target 4080, second target 4045 (near the previous low).
⚠️ Reminder: The price is approaching the previous high resistance again, MACD red bars above the zero line are shortening and momentum is weakening, beware of a double top pullback. Do not short directly; wait for rebound resistance confirmation, use light positions with stop loss.Negative news keeps coming one after another, so where is the bottom? The Democratic Party just took control of Congress, and their first move is aimed at the crypto world!
On November 9, the Democrats sent letters to four entities: Binance, Tether, the WLFI project team, and the issuer of the TRUMP coin, demanding voluntary submission of investigation records by January 4, 2027!
First, the November 6 non-farm payroll report stunned the market: 165,000 new jobs added, more than double the expected 65,000! The unemployment rate dropped to 4.1%, and average hourly earnings rose 0.4% month-over-month and 3.1% year-over-year, all exceeding expectations. With data this strong, traders immediately reversed their bets, switching from expecting a rate cut to anticipating a rate hike in December.
Today, Blumenauer’s demand letter explicitly named Binance, Tether, World Liberty Financial, and the issuer of the TRUMP coin. The deadline for materials is January 4, 2027; the new Congress is sworn in on January 3, so the deadline is exactly the next day. Once he assumes the chairmanship of the investigative committee and gains subpoena power, that day will mark the start of the countdown.$ZEC Direction: Long
· Entry: Buy on a pullback and stabilization around 1215 - 1218 (near the current price support below).
· Stop Loss: Firmly stop loss if it breaks below 1178 (below previous low).
· Take Profit: First target 1240, second target 1260.
⚠️ Note: Overall, it is in a low-level oscillation rebound repair phase after a sharp drop, with MACD golden cross below zero line and red bars continuing. Do not chase the high directly; wait for a pullback to confirm support, trade light with stop loss.DOGE dropped to 0.06713 during the hour at 5 AM today, which is the lowest price on OKX spot at least since September 2024. It has now bounced back to around 0.0695, about 2.5% lower than at midnight.
Interestingly, the two numbers in the contracts moved in opposite directions. By account count, the ratio of long to short DOGE contract accounts on OKX was between 3.2 and 3.8 in mid-October, has hovered around 5 in the last 5 days, and is now 4.95. But the total contract open interest hasn't increased accordingly: it dropped from $119 million to about $110 million during that hour at dawn and has stayed around $110 million since, not recovering throughout the day.
The number of orders on both long and short sides of the contracts is always equal. Five long accounts to one short account means the average short account holds about five times the orders of a long account. Many are bottom-fishing with small orders; a few large orders are betting on further declines.
My view is that this is not yet a bottom. The many small-money bulls would still be shaken out if there was another $8.8 million sell-off like that one-hour drop at dawn. To truly bottom, open interest needs to rise again and the account ratio should drop, but neither has happened yet.
$DOGE $SNDK Direction: Long
· Entry: Buy on a pullback and stabilization near 835 - 838 (close to current price support).
· Stop Loss: Firmly stop loss if it breaks below 818 (above previous low).
· Take Profit: First target 855, second target 860 (near previous high).
⚠️ Note: Short-term bullish momentum is strong, MACD golden cross below zero line pointing up, price approaching previous high. Do not chase the high directly; wait for pullback and stabilization confirmation, use light positions with stop loss.🚨 Bitcoin is falling, but traders are taking on more risk. Is a bigger move coming?
According to Glassnode, BTC Open Interest surged by nearly $1.5 billion during the recent selloff.
That’s a signal worth watching. Rising leverage during a decline can fuel sharp volatility and trigger massive liquidations if the market moves suddenly.
The real question is: Are traders preparing for a rebound, or walking straight into a liquidation trap? 👀
#CryptoMarket #Glassnode #OKXOrbit
#DailyOrbit Three key things to watch closely on Monday 📌
At the start of the new week, there are three core variables that will determine the market rhythm:
First, whether the rebound of US tech stocks can continue. Last Friday, the Nasdaq rebounded 1.09%, but the weekly chart still closed down 4.4%, marking four consecutive weeks of decline. The single-day rebound was just bottom-fishing capital entering the market and is not yet enough for the market to re-embrace the AI high valuation logic.
Second, whether BTC and ETH spot ETF funds can stop outflows. Last week, BTC ETFs saw a net outflow of $1.282 billion, and ETH ETFs outflowed $365 million. If the US stock market warms up but ETF funds continue to flee, it means institutional risk reduction actions have not stopped.
Third, the market will preemptively play ahead of Tuesday night’s US CPI release. The non-farm payroll data has already raised expectations for a rate hike in December. If inflation heats up again, both tech stocks and the crypto market will continue to face pressure.
Overall, I have low expectations for Monday’s market. Before the CPI release, large funds will likely remain cautious, so any market recovery will probably be just a tentative rebound.$AVAX is surging strongly, breaking through the downtrend line🔥
The New York Stock Exchange plans to use the Avalanche blockchain to settle tokenized stock trades. This has caused AVAX to skyrocket, but now it faces resistance and short-term profit-taking divergence is emerging, with many people watching cautiously and hesitant to chase the highs.
Xing Jie believes this is an important opportunity to break through the previous resistance level. Once broken, the price will push higher again, as long as the volume continues to keep up.
Now entering long positions at 8.5-8.7, waiting for the breakout. The short-term target is 12, and the long-term target is around 18. Stop loss promptly if it falls below 7.8 #美股暴跌后科技股反弹，纳指周线仍跌约3.4% $SOL Direction: Long
· Entry: Buy on a pullback near 86.30 - 86.50 with stabilization (close to the current price support below).
· Stop Loss: Firmly stop loss if it breaks below 84.80 (below previous low).
· Take Profit: First target 88.00, second target 89.00.
⚠️ Note: Overall, it is in a low-level consolidation recovery phase after a sharp drop, with a bullish MACD crossover near the zero line and red bars appearing. Do not chase the price directly; wait for a pullback to confirm support, and trade with a light position and stop loss.$BTC chip concentration indicator recorded 10.81% yesterday (previous 11.18%)
Continued to decline and has already moved away from the high-risk zone around 13%
This morning BTC dipped to around 73000, the big wave fluctuation at the ten-thousand level we mentioned on October 20 basically happened last night. At that time, BTC was around 82000, and the indicator began to enter the high-level fluctuation zone
Although we initially hoped for an upward fluctuation, things did not go as expected and it eventually fell
Thus, the effectiveness of the indicator has been verified again$BTC is trading sideways around $75,000-$76,000, ETH fluctuates around $2,240, RSI is extremely oversold but the price isn't dropping, indicating a clear exhaustion of bearish momentum. BTC support is seen at $75,500–$76,300, ETH at $2,200–$2,240. However, ETFs are still experiencing net outflows, the fear index remains in extreme panic; bottoming does not equal having found the bottom. For the trend to stabilize, a reversal in capital flow and a strong volume hold at key price levels are still Whale withdrew $22 million from previously collateralized assets of $AAVE
The whale used this money to buy 10,000 $ETH at an average price of $2150
I currently have $4.8 million in my wallet. This whale is very likely to continue buying more $ETH in the near future$XRP is still falling, and the sell orders have already lined up at the front.
How is this number calculated: 48-hour high 1.17, current price 1.09, retracement 6.5%.
The average trading volume of the last 12 one-hour candlesticks has increased by 297.9% compared to the previous 12. The volume surge during the decline indicates active dumping, not a natural pullback.
What about the chart: price is falling, volume is still increasing. In this structure, someone is genuinely offloading, not shaking out.
The term most easily misread is "panic selling." It sounds like emotional panic dumping, but in reality, someone is distributing according to plan.
The volume surge during the decline is more direct than any announcement.
What do you think about this $XRP move? Is it the final drop or just the beginning? Let's discuss in the comments #CryptoCommunity$BTC Direction: Long
· Entry: Buy on a pullback near 74,200 - 74,400 with stabilization (close to the current price support below).
· Stop Loss: Firmly stop loss if it breaks below 73,385 (below the previous low).
· Take Profit: First target 75,200, second target 76,000.
⚠️ Note: Overall, it is in a low-level consolidation recovery phase after a sharp drop, with MACD golden cross below the zero line and expanding red bars, indicating strong short-term momentum. Do not chase the price directly; wait for a pullback to confirm support, and trade with light positions and stop loss.Huang Renxun went off track, and Big Bro Maji is footing the bill🔥
While the storm around Nvidia is brewing, the one getting hurt is Big Bro Maji. His $ETH long position was brutally liquidated this morning, after which he directly sold 3 monkey NFTs to raise funds, then continued to go long on ETH. #Nvidia launches independent investigation, management stability under scrutiny
At 6 AM, during this drop, while liquidating whale positions, Maji's $1.16 million worth ETH long was also wiped out.
After the liquidation, he didn't stop: sold 3 BAYC, exchanged for 17.2 ETH (about $36,800), additionally withdrew 100 ETH (about $213,000) from the exchange, converted to 53,000 USDC and put it into Hyperliquid, maxing out leverage again, opening an ETH long position worth $1.48 million.
His gambling spirit is maxed out. Do you think Maji can successfully get ashore this time? The price of $HYPE rose from $28.79 to $77, but this big player still refuses to give up. He has already lost nearly $21 million, yet he still won't let go—truly the most stubborn person in the world.
The image shows a 10x short order worth $33.39 million, while the total portfolio still holds short positions valued at $136 million.
I don't know if he has reason to believe HYPE will collapse, or if he's just desperately holding on. Everyone, in this situation, is there still a chance to break even? A very promising asset!
$XRP is currently priced at 1.10, down 5.5% in the last 24 hours.
The recent trend of this coin has started to get interesting. From the previous high of 3.44, it has steadily fallen to a low of 0.89. After such a long period of adjustment, it has finally shown some improvement recently, rebounding 23.6% from the low point.
The daily MACD has already shown signs of warming up, the price has moved back above the Bollinger middle band, and trading volume has shown some activity. Although it is still quite far from the previous high, at least some positive changes can be seen at the moment.
What makes this coin most attractive is that sometimes the market hasn't really noticed it yet, but the price has already started to change quietly.
Will $XRP become a dark horse later? What do you think about the potential of this coin? #币圈$NVDA Direction: Short
· Entry: Short when the rebound is resisted near 175.50 - 177.00 (close to the resistance just above the current price).
· Stop Loss: Firm stop loss if it breaks above 180.00.
· Take Profit: First target 173.15 (near previous low), second target 170.00.
⚠️ Note: Overall in a strong one-sided sharp downtrend (down over 7%), MACD dead cross below zero line with bears in absolute control. Do not chase shorts directly; wait for rebound to confirm resistance, use light positions with stop loss.Brothers, $BTC has dropped below 75K, and $ETH has crashed along with it, plunging as low as 2051!
Looking at ETH's daily and 4-hour charts, I think we really shouldn't rush to bottom-fish this time.
It fell all the way from 2806 to around 2143, with each rebound weaker than the last. The daily chart has already broken below the 10-day, 20-day, and 200-day moving averages.
The 4-hour chart looks even worse; it consolidated between 2200–2250 for a few days, then a big bearish candle smashed right through.
My judgment: ETH remains bearish in the short term. There's demand for a rebound around 2050, but that doesn't mean the bottom is in.
Next, focus on three key levels:
① 2200–2230
This was the support zone just broken, now turned resistance. If the rebound can't reclaim this area, I still treat it as weak.
② 2050–2100
The first short-term defense line. If 2050 breaks again, the next level to watch is the 2000 round number.
③ 2300–2365
To talk about a trend reversal, ETH must at least return to 2300, then challenge the 4-hour EMA200 near 2365.
Trading idea:
If 2050 holds and the 4-hour chart shows a stop in the decline, a short-term rebound could be considered; but if the rebound near 2200 gets smashed down again, I’d be more cautious about a second drop.
BTC hasn't stabilized yet, so it's a bit tough for ETH to independently start a bull market.
Brothers, do you think ETH will find a bottom near 2000 this time, or will it fail to hold even 2000?$BTC ETFs now hold 1,270,753 BTC — about $96B at today's price.
blackrock's IBIT alone holds 801,241 of those. one fund controls 63% of all ETF bitcoin.
when people panic about "ETFs selling", they're usually watching one desk rebalance, not the market leaving.
zoom out. the structural bid is still the largest holder of new supply.After reading, I noted three things, the most eye-catching being the $188.3 million repurchase of STRC preferred shares.
1. During the same period, Strategy spent $81.9 million to buy 1,036 bitcoins, increasing total holdings to 850,364; I usually make lists, and this time I placed the repurchase before the increase in holdings.
2. My judgment is that this news creates additional demand for $BTC, but we cannot count all the company's expenditures as positive for buying coins: the money used to repurchase preferred shares did not flow into Bitcoin, mixing the two amounts would exaggerate the buying pressure.
3. I am more concerned about how subsequent funds will be allocated. If they continue to buy coins and repurchase simultaneously, then fund management will be more challenging for the management team. This is my speculation; we cannot judge the rhythm based on just one announcement.
My list focuses on distinguishing between "money spent" and "what the money bought." What would everyone add as a fourth point: financing arrangements, or the impact of repurchases on subsequent increases?Why the harder you watch the market, the worse you lose? Reflections after being beaten by the market
Looking at the positions locked tightly in my hands, I suddenly realized one thing: in this market, the more diligent you are, the faster you die.
Look at my current holdings:
$ETH 100x long position with only 1.1U margin left;
$ZEC both long and short open, paying fees to the exchange for nothing;
$ARB short position also trapped.
I spend 8 hours a day watching the market, drawing trend lines, and reading analyses from various influencers, and what’s the result? Still losing. Because all my operations are based on instinctive reactions of "fear of missing out" and "fear of loss," with no personal trading system at all.
Tonight, I simply won’t watch anymore; let the market move as it wants. Since the positions are already locked, consider it tuition paid to the main players. I’ve summarized three sentences for brothers who are still frequently opening positions:
1. Leverage is poison. You’re greedy for that little profit, but you blow your principal.
2. Locking positions is slow suicide. If you don’t dare to admit mistakes, don’t open positions.
3. When the market isn’t volatile, resting is making money.
How many hours a day do you watch the market? Have you ever experienced the market suddenly surging the moment you look away? Come vent, let’s see if everyone has been backfired by watching the market too closely.
#美国10月CPI前瞻：12月加息预期会否改变？ $SNDK SanDisk's earnings report is dazzling, but the stock price is dropping terribly
Latest quarter revenue is $11 billion, a 23% quarter-over-quarter increase
Data center business revenue is $4.8 billion, a 61% quarter-over-quarter increase
Adjusted gross margin even reached an astonishing 85.1%.
With such a high gross margin, capital is still fleeing wildly. Essentially, there is still doubt about whether profitability in the storage industry can be sustained.
Currently holding a losing position unwilling to sell, continuing to wait. Waiting to see if storage can return to its springtime, letting the bullets fly a little longer
#美股暴跌后科技股反弹，纳指周线仍跌约3.4%