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$BTC 79,500 deserves to be singled out because it simultaneously stacks three things below it.
This week's low point is at 79,800. On Thursday, there was a liquidation of 930 million in one day, with 780 million being long positions — basically, the leverage that wanted to exit did so all at once. Below that, the densest cluster on the liquidation chart falls exactly between 79,000 and 79,500. Further down is the cost basis of the whales who opened new positions this year, roughly 77,000, and the current price is still over six points higher.
With these three layers stacked together, this position is not just a casually drawn line.
But the counter-evidence must also be presented. The buy wall at 80,000 was eaten once this week, and the new orders replenishing it are thinner than before — on the third test, the depth of buyers was less than the first two times. Also, the cost band from 80,000 to 82,500 holds 780,000 coins, of which only 20% are long-term holders; this group will run at the slightest sign of trouble, so if it really crashes downward, this segment will collapse first.
Another detail: 81,000 is a zero gamma level; once broken, market makers' hedging will shift from suppressing volatility to amplifying it.
Therefore, the significance of 79,500 is not "it won't reach there," but rather "the first reaction after it reaches there." If it holds, Thursday's move counts as a shakeout; if the close doesn't recover above it, the next reference point is 78,000. ⚡Energy alert sounded! Oil prices surge, stock markets plunge, BTC/ETH enter a dull knife bottoming phase
IEA warns diesel shortage may continue until 2027, compounded by increased supply risks from the Russia-Ukraine conflict, global risk assets collectively under pressure, BTC and Ethereum shrinking volume with a slow decline bottoming.
$BTC
Has been weakening continuously from 82600, breaking below the 81000 round number at dawn. Key support at 82300 and short-term stop loss at 81500 have been successively broken, ETF institutional cost line lost twice, downside risk further amplified.
Key reminder: this time it’s a low-volume dull knife cutting losses, no concentrated liquidation clearing, the slow decline torment will continue.
A bigger hidden risk has emerged: MSTR plunged 9.7%, MSCI plans to revise index rules, MSTR is very likely to be removed, the list will be announced on November 11, tens of billions in passive selling pressure looming, directly shaking the foundation of the bulls.
The only positive is that the Federal Reserve has already entered a policy silence period.
Technically, 81000 reversal becomes resistance, 80400 faces the fourth ultimate test; once broken, the next targets are 80000 and 78000.
$ETH
Weakening in sync, repeatedly piercing 2400 but bought back, trapped in a range of painful oscillation.
ETF funds continue to flow out, institutional funds absent, strong resistance from the 2450-2500 trapped positions above.
If 2317 is not broken, maintain the 2350-2500 box range; a valid break below directly targets 2250, short-term stop loss at 2385.
$BTC $ETH#Meta's massive AI investment enters the return verification period 📊 Morning liquidity observation: short orders continue to accumulate
24-hour total liquidations across the network reached 224 million, reflecting that the current order book buy-side liquidity is being continuously consumed. There is a clear imbalance between buy and sell orders in the order book; below, 80770 and 2391 concentrate a large number of long stop-loss orders, acting as liquidity magnets; above, 82500-83200 and 2490-2500 have dense sell orders, forming liquidity traps.
The 4-hour liquidation ratio is relatively high, with funding rates turning negative combined with spot ETF capital divergence, causing the order book depth to thin further. Although macro interest rate hike expectations have been lowered, risk asset selling pressure remains, and liquidity structure often anticipates price movements.
Waiting for the price to stabilize above the resistance zone indicates that the order book liquidity structure has been restructured. Avoid blindly opening positions at liquidity gaps. The market is like tides; capital flow is the underlying wave.
$BTC $ETH $SOL #Nasdaq 100 down 5.5% this week, chip stocks down for eight consecutive days
Brothers, US stocks were backfired by AI faith this week. The Nasdaq 100 fell 5.5% in a single week, marking its worst performance since April 2025; the Philadelphia Semiconductor Index dropped for eight consecutive trading days, with a cumulative decline of over 13% in eight days, wiping out about $2 trillion in market value, setting the longest losing streak since the 2008 financial crisis.
The core contradiction is that AI investment returns no longer add up. UBS estimates that AI capital expenditures increasingly rely on high-yield debt, and after the 10-year US Treasury yield broke above 5%, both financing costs and valuation discount rates rose. Micron fell 14.6% in a week, and the storage chip index dropped 17.6% cumulatively; CoreWeave bond yields soared above 15%, entering distress territory.
BTC is currently around 81,500. This week, dragged down by tech stocks, it briefly fell below 80,000, but every dip was quickly bought back, showing resilience at the 80,000 level. Resistance is at 83,000, support at 80,000. Stop-loss positions are set below 79,500; those without positions should wait for a pullback near 80,500 with reduced volume to stabilize before entering. The risk clearing in US tech stocks is not over, so don’t chase highs during the rebound.
What do you think about this AI trading pullback? Let’s discuss in the comments. $BTC $ETH $ZEC The main reason for this sharp drop in CRWV, I think, is that the new cloud company's debt model collided with the interest rate hikes. No matter what Jensen Huang says, he can't decide the Federal Reserve's rates. If the new cloud company's business model can't keep moving, AI computing power construction might run into problems, and the entire industry chain will suffer together. $CRWV MSCI has given MicroStrategy a "death sentence with reprieve": MSTR may be kicked out of the index by the end of November, with JPMorgan estimating passive selling pressure at $2.8 billion.
On October 15, MSCI finalized new rules stating that "non-operating companies" are not eligible for the MSCI Global Index, directly impacting Strategy's 848,250 BTC holdings.
The final list will be released on November 11, effective after market close on November 30; the buffer clause requires failing the criteria for two consecutive fiscal years before removal, so it’s not an automatic exit.
On Friday, MSTR fell another 9.6% to close at 136.83, down about 75% from its peak of 543.
My view: Saylor calls this a "discriminatory rule," but the company itself disclosed that MSCI-linked funds hold only about 13 million shares (3.1% of the float), claiming "less than a day’s trading volume." Both sides are talking past each other; the true outcome will be clear with the November 11 list.
Most of the negative impact has already been priced in; shorting now is like catching a flying knife, so I choose to observe rather than chase.
The conditions for invalidation are clear: if MSTR is not on the November 11 list, the selling pressure logic is invalid; if it is on the list, the real selling pressure will be from portfolio adjustments before the November 30 effective date.
Do you bet MSTR will be on the November 11 list? Yes or no?
$MSTR $BTC
#BTC surges to $87,000, total crypto market cap returns to $3 trillion Learned my lesson: don't dump seven or eight million into a single volatile stock at once. If you buy over 3 million and the trading volume exceeds 0.3% of the day's total, you'll get questioned. I actually only took 11%, not even hitting two daily limit-ups. From the regulatory perspective, this stock has already entered the abnormal fluctuation monitoring range, considered one of the tail-end signals.Today $SAND surged again, can it be shorted?
Core logic behind the rally: short squeeze and partial liquidity unlocking
· Korean exchanges lifted warnings: This is the most direct trigger. Previously, due to a cross-chain bridge vulnerability (which minted 14.9 billion uncollateralized SAND), Korean exchanges like Upbit and Bithumb set trading alerts on SAND and restricted deposits and withdrawals.
· Derivatives cascading liquidations: The sharp rise directly triggered a short squeeze.
· Lack of fundamental support: This rally is a typical "liquidity event + short covering."
Fatal risks of shorting at the top
· Funding rates and short crowding: Although the price rebounded rapidly, funding rates on some contract platforms remain negative, meaning shorts are still paying high fees to longs. This indicates many shorts are stubbornly holding against the trend, and once the price breaks key resistance, it can easily trigger a second, more intense "short squeeze."
If you are confident this rally will eventually fall back, a safer approach is to short on the right side:
1. Wait for the short squeeze momentum to fade: closely monitor if funding rates turn positive and if open interest starts to decline from highs.
2. Look for resistance break failure: watch for confirmation signals that the short-term long structure is broken. Once the price fails to make new highs and shows obvious volume stagnation or long upper wicks at the top, consider shorting with the trend.
3. Set strict stop losses: For such a highly volatile asset, stop loss space should be appropriately widened and single position size strictly controlled. # US CPI and PPI Both Exceed Expectations, Will There Be Another Rate Hike This Year?
CPI and PPI both exceeded expectations, yet Walsh didn’t completely shut down hawkish talk. The market immediately breathed a sigh of relief: the dollar weakened, US Treasury yields fell, and BTC and ETH stabilized in the short term.
But I didn’t rush to get excited. This is not a risk removal, just a temporary pause in hawkish pressure. The decline in the dollar and US Treasuries depends on whether it’s a sustained shift or just a short-term rebound after the speech; if it’s just a pulse, the price stabilization of cryptocurrencies might only be a rebound.
Inflation can’t be judged by surface numbers alone; core components, service inflation, and the transmission from PPI to CPI are the real keys to whether rate hikes will be repriced later.
BTC’s $80,000 level is both a psychological and liquidity threshold. I’m not just watching if it’s touched, but also daily closing prices, spot volume, funding rates, liquidation clusters, as well as ETF and stablecoin net inflows. Holding the level but with shrinking volume doesn’t confirm it; losing it but quickly recovering doesn’t necessarily mean a true breakdown. For ETH, watch relative strength; if ETH/BTC doesn’t strengthen, any rebound is just following along.
So don’t rush to bottom-fish. Wait for BTC to break above $80,000 with volume and hold on a retest, or lose it with volume washout and then quickly recover. The market is giving a breather, not an answer. The hawkish risk is only paused, not gone. This is not investment advice.# Netflix Growth May Slow, Advertising Business Becomes New Focus
Now everyone can clearly see that Netflix's old approach of "acquiring new users + raising prices" has obviously hit the brakes, with membership growth gradually slowing down. The advertising business is regarded by the market as its most promising second leg.
The logic is actually not complicated:
- It already has over 300 million paying users as a base, and many people would rather choose the cheaper ad-supported plan, which means monetizing existing viewing time again without having to spend heavily to grab new users;
- This year, the advertising revenue target is $3 billion, aiming to double year-over-year, while also opening up programmatic ads, attracting small and medium advertisers, and using sports live content as an advertising selling point;
- The benefit is that it can raise overall ARPU and increase profit margins; but the downside is clear: the advertising segment currently accounts for a small portion of total revenue, ad fill rate and whether advertisers will continue to increase budgets are unknowns, so it’s not an instant win.
Simply put: advertising is not meant to immediately bring growth back to its peak years, but to "stabilize growth and hedge against subscription bottlenecks."
If future earnings reports show advertising growth consistently exceeding expectations, it will support its valuation floor; if advertising falls short of expectations, the market will lower its outlook again.
By the way: the earnings expectations of such leading US stocks swinging back and forth also affect overall risk appetite, indirectly causing sentiment fluctuations for BTC, so traders should keep this in mind.#Nasdaq 100 down 5.5% weekly, chip stocks fall for eight consecutive sessions Market heat rises, but core funds have not followed suit
The current rebound is a passive recovery driven by sentiment, not a trend driven by incremental buying. BTC spot net outflow of $13.7 million in 1 hour, brief inflow in 4 hours, net outflow of $133 million in 24 hours; contracts also see large outflows, with earlier support funds weakening. Another asset shows a 24-hour contract net inflow of $375 million, appearing strong, but 1-hour and 4-hour funds are flowing out, and spot has a 24-hour outflow of $57.05 million, indicating weak buying momentum.
Among the three, SOL's fund structure is relatively healthy, with continuous net inflows in spot for 1h/4h/24h, indicating spot support, but contract funds are continuously withdrawing. The market is only buoyed by sentiment, lacking real capital backing, so any sudden news shocks could cause a rapid pullback.
Waiting for confirmation signals: BTC and ETH spot funds turn positive, SOL spot support remains steady. If both signals occur simultaneously, the consolidation may expand upward; if spot support continues to weaken, this rebound will soon end.
$BTC $ETH $SOL #NetflixQ3AdsAndMargins #TSMC Q3 Net Profit Exceeds Expectations, Earnings Hit Record High
Profit explodes, but stock price takes the lead to retreat. TSMC's net profit hits a record, Samsung's quarterly profit breaks 100 trillion KRW, and the semiconductor equipment sector still retracts over 12% from its peak.
The market doesn't doubt AI demand; it's starting to calculate another equation: cloud providers' free cash flow turns negative, compute rental companies rely on high-interest debt to support capital expenditures, and when interest rates rise, the financing chain tightens first.
Profit is a rearview mirror; whether money can continue to flow in cheaply is the real vulnerability of this cycle.$SOL has been prominently featured on offline billboards in Shanghai these past few days, with such a bold display that many people's first reaction was, "Is SOL trading about to be allowed domestically?" However, this marketing stunt is very likely unrelated to policy statements, making it hard to discern truth from falsehood. The market has already given its own answer: expressing "respect" through a decline. The current price is about $104, with a short-term bias toward further weakness. What’s truly worth pondering is not the advertisement itself, but how the market is pricing it. An obscure marketing exposure should not change any fundamentals, yet it has become an outlet for emotional venting. This indicates that the current $SOL holding structure is extremely sensitive to negative narratives, and any ambiguous signals are amplified by the bears. Superficial factors are only a secondary reason for the decline, not the main cause. The main cause lies in the macro side: renewed expectations of interest rate hikes. When both CPI and PPI exceed expectations, the valuation denominator for risk assets is raised again, with high-beta tokens taking the brunt first. As a highly volatile asset, $SOL’s sensitivity to liquidity expectations is much greater than $BTC’s, which explains why under the same macro data, its pullback is sharper and faster. $ETH is also under pressure, but its decline is noticeably more restrained, as capital makes a clear choice between mainstream and high-beta assets. One point the market is underestimating is that this round of adjustment is not a "bad news fully priced in" scenario, but a "re-pricing of expectations." The advertising event is just noise; the interest rate hike path is the main storyline. If subsequent inflation data continues to be strong, $SOL’s rebound will rely more on emotional recovery rather than fundamental improvement, making the quality of the rebound questionable; conversely, once🚨 $BTC: A Potential Weekly Bottom Before the Midterm Elections?
Bitcoin could see a weekly low ahead of the November 3 midterm elections. Historical patterns from 2014, 2018, and 2022 showed market bottoms emerging 40–70 days after the elections.
📈 Two scenarios to watch:
* Bullish: $BTC holds $80K and rebounds toward $95K.
* Alternative: BTC rallies to $94K–$95K first, then faces a possible pullback after the election.
#TeslaRoadsterUnveiled Big Brother Maji's $ETH trade wrote both greed and fear on the chain.
25x leverage, long opened at 2421, peaked at 6300 coins. Yesterday the price surged, floating profit once reached $330,000 — he didn't exit. Today the price fell back near the opening price, floating profit dropped to only $23,000, evaporating 93% in one day.
Only then did he act: reduced 2975 coins, locking in half, leaving 3325 coins to hold on.
The key is not the floating profit, but the liquidation price at 2380.34. The liquidation line is 1.7% below the opening price; 25x leverage can't afford a decent pullback. This position reduction isn't bearish, it's insurance for the liquidation price. The position is lighter, but the liquidation line remains the same.
These three days reflect his mindset: the day before yesterday he profited by judgment, yesterday he held on out of greed, today he reduced position out of fear. He bets that ETH won't break 2380; 2400 is the critical battleground for bulls and bears. If broken, the chain will record another textbook 25x leverage liquidation.ETF outflows are happening, but why hasn't the market given a direct answer?
Yesterday, BTC spot ETFs saw a net outflow of about $82.39 million, and ETH spot ETFs also had an outflow of about $69.68 million, with ETH experiencing net outflows for three consecutive days.
This data indeed looks unfavorable, but I think there's an issue worth separating: capital outflow does not mean all holders are selling; ETF redemptions also don't imply there are no other buyers in the spot market.
What truly deserves observation is whether prices weaken in sync with continuous capital withdrawal, and whether trading volume can keep up during rebounds. If outflows keep expanding but prices temporarily hold, it might indicate there is still support on the other side; but if prices start losing support as well, it can no longer be simply regarded as a normal correction.
So what I care about more is not how much flowed out today, but how many more days this outflow will continue.
What do you think: is the continuous ETF outflow a sign that institutions are reducing crypto asset allocations, or is it just noise caused by short-term capital rotation? #BTC and ETH spot ETFs outflowing simultaneously, is institutional demand weakening? $BTC $ETH UNI at $7.2, do you dare to bottom-fish before CME launches?
CME will launch in two days, but UNI has dropped from 10.9 to 7.2. The whole network is shouting "Good news is about to take off" — but exchange inflows are off the charts. Is this a rush by institutions to accumulate, or are whales using CME to offload?
Let's look at the surface first: good news is right in front of us, but the price has already fallen.
On September 22, CME announced the launch of UNI futures, and UNI rallied from a low to 10.9. Then what? In less than a month, it retraced over 30%, now at 7.2. It dropped 2.5%-3.3% in 24 hours, with a market cap of 4.5 billion and circulating supply of 625 million tokens. The candlesticks tell you: price is below short-term moving averages, RSI is 43-45, neutral to weak, MACD is bearish, 7.05-7.10 is immediate support, 6.75-7.00 is an important demand zone — all indicators say one thing: short-term weakness, wait for CME to land before deciding.
But wait.
Are you sure CME's launch is here to boost you? Are you sure the phrase "buy the rumor, sell the fact" won't apply this time?
First: CME is an institutional channel, not Santa Claus.
CME will launch UNI futures on October 19, with standard contracts of 10,000 UNI and Micro contracts of 1,000 UNI, cash-settled. This is CME's first futures for a mainstream DeFi governance token, which is a long-term positive — institutions can go long, hedge, and allocate.
But don't forget: futures are a two-way tool. Institutions can go long and short.
What's more painful is that when the news broke on September 22, UNI shot up to 10.9. Now at 7.2, who's selling? Exchange inflows are high for the year, Z-score once exploded — chips are being distributed, not accumulated.
Before good news lands, smart money is already running; on the day good news lands, retail just opens their trading apps.
This is "buy the rumor, sell the fact." It's not that UNI is bad, it's that you always mistake "news release" for "start of a rally."
Second: The fee switch is real good news, but don't confuse long-term with short-term.
UNI is no longer just a pure governance token. The fee switch is activated, part of the fees are used for buyback and burn, with a one-time burn of 100 million tokens completed. Unichain is also migrating to OP Enterprise, infrastructure continues to improve. September protocol revenue hit a record about $14.8 million, TVL around $3.9-4 billion, Uniswap remains the largest spot DEX.
Is the fundamental solid? Yes.
But the painful part: current ongoing burn scale is not large, depends on trading volume. The fee switch is a long-term value capture, not fuel to pump the price tomorrow. If you use long-term narratives for short-term trades, don't blame the project if you lose.
UNI's fundamentals are real, but your position might not withstand the "good news dump."
Third: Technicals in one sentence — 7.0 is life, 7.8 is the gate.
After a 30% retracement from 10.9, 7.2 is a key consolidation zone.
Immediate support: 7.05-7.10
Important support: 6.75-7.00 (potential double bottom area, tested multiple times)
Lower: around 6.5
Immediate resistance: 7.45-7.50 → 7.60-7.80 → 8.0+
Previous highs: 10-11
Short-term is weak and oscillating, volume hasn't obviously expanded. Volatility will increase around CME launch: if price stabilizes after launch with active volume and open interest, there's a chance to reach 7.8-8.5; if weakness continues, 6.75-7.0 will be tested again.
Bull vs. bear, you decide.
On one side:
CME launches on October 19, opening institutional channel
Fee switch + buyback burn, UNI shifts from governance token to value capture
TVL about 4 billion, largest spot DEX, solid fundamentals
6.75-7.0 tested multiple times without breaking, potential double bottom
On the other side:
Over 30% retracement from 10.9, clear "sell the fact" pressure
High exchange inflows, chips are being distributed
Macro cautious, BTC consolidating near 81,000, altcoins more vulnerable
Ongoing burn scale not large, short-term valuation still depends on volume
Trading strategy
Short-term traders:
Don't aggressively chase longs near 7.2. If it pulls back to 7.05-7.10 and stabilizes with volume and bullish candle, try light longs with stop loss below 6.9. If it breaks 7.0, wait for 6.75-6.80 double bottom logic, stop loss below 6.6. Reduce positions if rebound meets resistance at 7.45-7.60, go more long if it breaks and holds above 7.80. Watch futures volume, open interest, and funding rates around CME launch — if data doesn't cooperate, don't force it.
Swing traders:
Wait for direction confirmation after CME launch. If it holds 6.8-7.0 and BTC cooperates, then build mid-term positions targeting 7.8-8.5. Previous highs 10-11 are long-term narratives, not short-term targets.
Long-term believers:
DCA in 6.8-7.0 range but control position size. UNI is a DeFi blue chip, not a meme, don't expect double in a day. Fee switch and institutional channel are long-term logic, hold if you can.
UNI now is like the night before CME launched BTC futures in 2021 —
News comes out, price pumps; before launch, price dumps; everyone thinks "institutions are coming to pump," but first there's a shakeout.
CME isn't here to give you red envelopes, it just handed institutions a knife — they can go long or short.
On October 19, you'll find out —
Either it's the start of a new UNI rally, or the last chance for a decent exit.
$BTC $ETH $UNI #Nasdaq 100 down 5.5% over the week, chip stocks hit eight consecutive declines
This wave of eight consecutive declines in chip stocks is like an elevator going down from the top floor, stopping at each floor, with people rushing in to buy the dip at every stop, then the elevator continues downward.🛗
Now those people have scattered between basement level 8 and basement level 18, each in different positions.
What's the difference? A single-day plunge is panic, eight consecutive declines is a trend. The pit dug by panic can be filled by emotional recovery; the pit carved by the trend is where institutions reduce their holdings daily, moving down step by step. The movers don’t care about your cost price, only their own risk control line.
The background is well known: CPI and PPI both exceeded expectations, interest rate cut expectations have narrowed, and high interest rates hang overhead. The most painful evidence is: this week there were clearly good fundamental news—TSMC’s earnings blew up, Anthropic proved AI can make money—but the stock prices were still pressed down. Good news can’t lift prices, indicating the market now pays not for stories but for discount rates. Valuation levels are dropping, so the ship naturally goes down.
It’s normal for chip stocks to take the hardest hit. In the AI rally, they rose the most crazily, with valuations packed full of "even stronger next year" expectations. When interest rates rise, the first to be squeezed out are these "faith positions." The more glorious the rise, the more miserable the fall—an inherited trait of high-beta assets.
Eight consecutive declines don’t mean a rise tomorrow, just like the elevator reaching basement level 18 doesn’t mean it’s the bottom—there’s still B1, B2 below the basement. But each stop brings you a little closer to the destination.
The floors will come, don’t rush to press the door open button yourself.🚪Solana 中国公司”这几个字，很容易被读成利好。
但快讯里写的是，公司今年 6 月就注册了，现在才被查到。$SOL $ETH Fundamental Reversal: Largest Buyer Bitmine Is About to Stop!
Bitmine, the largest Ethereum reserve company (Chairman Tom Lee), is about to complete its 5% holding target. Originally planned for 5 years, it has now bought nearly 4.9% (over 6.02 million ETH) in just 15 months. At the current pace, it will be fully purchased within 5-8 weeks.
Of these 6 million ETH, 84% are staked with an annualized yield of 2.61%, generating about $336 million in interest per year.
But the biggest question arises: Can the market hold if the largest buyer stops?
Currently, macro pressures are significant: The Federal Reserve's policy is tight, with a possible rate hike in December; the Bank of Japan's rate hike is causing yen arbitrage funds to face repatriation; the US spot ETH ETF is still experiencing outflows. If Bitmine also stops increasing its holdings, off-exchange buying will weaken severely.
What happens to ETH after Bitmine stops? Three scenarios:
1. ETF outflows + Bitmine stops buying: short-term continued pressure.
2. New institutions take over: sideways consolidation with slow upward movement.
3. Continued decline: triggers asset shrinkage → negative cycle of reduced financing.
Summary:
In the long term, Bitmine is not only hoarding coins but also deepening the ecosystem, with US capital expanding Ethereum's influence, which is positive for fundamentals.
In the short term, if the large buying over 15 months disappears, combined with macro pressure, the coin price will inevitably face pressure.
In one sentence: Long-term focus on ecosystem influence, short-term beware of buying supply cutoff. Don't blindly chase highs; wait for confirmation of the capital situation and see if new institutions can absorb this wave of selling pressure.#US CPI and PPI Both Exceed Expectations, Will There Be Another Rate Hike This Year? Both US CPI and PPI inflation data have surpassed market expectations, indicating that inflation stickiness is stronger than the market anticipated, breaking the previous optimistic outlook of a steady decline in inflation. The market is beginning to reassess the Federal Reserve's interest rate path, with the probability of another rate hike this year rising.
However, a single month's data rebound is insufficient to immediately trigger a rate hike. The Federal Reserve places more emphasis on data trends over several consecutive months. Meanwhile, the current rise in long-term US Treasury yields has passively tightened financial conditions, already exerting some tightening effect. Officials are likely to remain cautious and wait for more data verification.
If inflation continues to rebound later, the Federal Reserve does not rule out restarting rate hikes; if it is just a short-term pulse, maintaining the current rate remains the baseline scenario. Rising inflation expectations will support US Treasury yields and suppress high-valuation growth stocks like the Nasdaq. Interest-free high-beta assets such as BTC, ETH will face pressure.
Overall, a rate hike this year is a risk scenario, not a certainty, and market volatility will significantly increase. $BTC $ETH $ZEC Both CPI and PPI inflation readings exceeded expectations, and the market's first reaction was "no chance of a rate cut" — the US dollar and US Treasury yields rose together, naturally draining risk assets, which is the macro foundation for this round of broad declines. There's a counterintuitive point here: what really restrains rate hikes is never inflation itself, but employment. When inflation is high but employment is weakening, the more likely outcome is to hold steady rather than turn to rate hikes. The initial jobless claims and unemployment rate in the coming weeks are more worth watching than this inflation data. For contracts, the way macro data impacts is by "amplifying volatility" rather than "deciding direction": data nights often first trigger stop-loss sweeps before moving in the true direction. My approach is to reduce leverage before data releases and set wider stop-losses, rather than betting on the data. Directional reference (scenario judgment, not instructions): BTC above 81,400 continues to look for recovery; only a decisive break below 80,000 signals a weakening trend; ETH at 2,400 is the contested level over the past two weeks—failure to hold above means continued weak consolidation. The invalidation points are written at these two price levels. Light positions with stop-losses. Are you now betting on "no rate hikes within the year," or do you think there will be one more? #USCPIandPPIsurprise, can there be another rate hike this year? #Institutional funds continue to flow out, can BTC stabilize? $BTC single-day outflow of $82.38 million, accounting for 0.11% of the largest fund's historical net inflow.
▪️ Eastern US 10/16 US spot BTC ETF net outflow of $82.3893 million
▪️ IBIT single-day net outflow of $71.7803 million, ranking first, with a historical total net inflow of $65.568 billion
▪️ On the same day, Bitcoin was hammered near 80,000, copper prices also fell
▪️ Gold and US Treasuries received inflows on the same day
▪️ BTC current price 81,673.8, 20-day range 79,800–87,220 at 25.25%
▪️ +0.39% from the 50-day moving average, only it and TRX among 12 targets stand above
The divergence is not in the outflow scale, this scale cannot explain the price.
82.38 million out of 65.5 billion stock is 0.13%, yet the price dropped from 82,000 downwards. What moves is risk appetite, not holdings: on the same day gold and US bonds rose, copper fell. ETF subscriptions and redemptions go through custody channels; redemptions do not necessarily mean selling coins, so this volume is not selling pressure.
Direction suggests waiting — only continuous three-day net inflows count as buying returning; losing 79,800 means the 50-day moving average is hard to hold. 🚨 Two inflation data releases within two days both exceeded expectations. After BTC fell below $80,000, it has still returned above $82,000.
🌡️ September CPI (released October 14): year-over-year 3.7% (expected 3.6%), month-over-month 0.6%. Core CPI year-over-year 2.6% (expected 2.5%), last month was 2.4%; month-over-month 0.3% (expected 0.2%).
🏭 September PPI (released October 15): year-over-year 6.3% (expected 5.5%), month-over-month 1.3% (expected 0.6%).
⛽ Gasoline rose 9.1% month-over-month in the CPI and 20.3% in the PPI. Excluding food, energy, and trade services, PPI still rose 5.0% year-over-year, indicating that price increases are not just due to fuel.
💵 After the CPI release, the US Dollar Index briefly rose about 0.6%, and BTC declined.
📍 Levels I am watching:
• $83,115 / $83,691: recent failed breakout levels
• $82,000: current holding area
• $80,000: level tested on October 15
The FOMC meeting is from October 27 to 28; these levels are my reference points, not predictions.
$BTC $ETH #InstitutionalOutflow
#USCPIAndPPITopForecasts #CanBTCHold80K #CoreWeave sells off 3.3 billion, AI financing risks heat up $CRWV Founders cash out 3.3 billion USD, no money entered the company’s account.
▪️ Three co-founders have cumulatively sold 3.3 billion USD since the IPO in March 2025
▪️ The company states the three still hold about 20% combined, ranking among the top six shareholders
▪️ The sell-offs were executed according to pre-arranged plans and have been disclosed
▪️ During the same period, some bond yields briefly exceeded 15%
▪️ Stock price has fallen about 60% from the yearly high, down −7.37% on 10/16 alone
▪️ The counterparties in secondary sell-offs are the market; funds do not flow into the company
The disagreement is not about how much the founders sold, but that the same month, the equity and debt sides did the same thing.
IPO fundraising flows into the company’s account, secondary sell-offs flow into personal accounts; the cash flow directions differ. The debt side demands a 15% yield because it ranks after that 20%. Equity has dropped 60%, debt is still priced by default probability; two markets have set two timelines for the same company.
The direction is to wait and see — bond yields returning below 10% would count as credit repair; continued equity sell-offs would mean both sides move in the same direction.ETH current price is around 2428, with short-term structure still suppressed by bears. In the past 24 hours, Ethereum long liquidations exceeded shorts, with a large accumulation of long liquidations around 2416. Once this level is broken, it will trigger a cascade of forced liquidations, rapidly amplifying selling pressure.
While waiting at the red light, I glanced at the liquidation chart; my fingers got a bit numb from the cold. The market logic is very clear. The Bollinger Bands narrowing indicates an imminent breakout, RSI remains in the neutral zone, so short-term rebound strength is limited. 2480 is a clear boundary between bulls and bears; if the rebound doesn't hold above this level, it should be treated as weak.
For operations, you can enter shorts in batches between 2428 and 2445, with a stop loss at 2482. The first take profit target is the 2400 whole number level; if broken, look down to 2365. If the price first breaks above 2480, stop shorting and wait for the structure to reconfirm.
$ETH
#Tesla delivery exceeds expectations, profit recovery becomes the focus
@OKX Planet ALTCOINS GAIN ON SHORT COVERING
The Altcoin Season Index hit 60 as Celestia and Injective rose 16% and 7.7%. Open interest on BTC, ETH, and XRP lagged price gains, reflecting short covering rather than fresh inflows. ZEC stood as the outlier, adding 14% in open interest and 11.5% in spot price. Bitcoin options hedging clusters around 78,000 USD.
Please do your own research carefully before making any transactions (DYOR). $ZEC $ETH $BTC
#USCPIAndPPITopForecasts This round of decline is not in demand, but in the bills. The Philadelphia Semiconductor Index has fallen for eight consecutive sessions, the longest streak since 2008, wiping out about 2 trillion in market value over seven trading days. The trigger is not in orders, but in financing: CoreWeave's bond yields once approached 15%, with debt plus leases totaling 52 billion, and interest already exceeding operating profits. No matter how large the backlog is, you still have to be able to pay the bills first. Conclusion first: This round, I shifted my focus from "snapping rebounds" to "buying the resilient, shorting the weakest" — three reference directions, one short, two long, none chasing highs. (Data as of 22:17) Reviewing the last round, I admit the previous three positions were all longs: long TRX, long ETH, long ZEC. The result was 1 hit and 2 misses: · TRX 0.33588 → 0.33600, +0.04%, profit, neither take profit nor stop loss triggered ✓ · ETH 2,437.53 → 2,421.57, -0.65%, loss, already stopped out ✗ · ZEC 1,181.63 → 1,164.53, -1.45%, loss, just barely above the stop loss at 1,164.25, hanging on the edge of a cliff ✗ Hit rate 33%. Where was the mistake? I misread "short leverage being continuously liquidated, account long-short ratio returning to 1.62" as "the drop is over, recovery imminent," but the price couldn't even hold 2,430. Four hours later, the price dropped, and the long-short ratio remained above 1.6 — the bulls simply didn't leave. This is the most important observation this time: during the decline, the long positions did not decrease, which itself is a source of continuous selling pressure, not support. What I'm watching this round: A detail worth mentioning: among ten assets, only TRX turned green, BTC and BNB dropped less than 1%, while the worst hit ZEC and LINK both nearly 4%. It seems funds are not exiting but repositioning — from high volatilityOrder Book Strength Ranking
5-minute median slippage, estimated by order book
After amplifying orders for UVXY and BAT, slippage for both buying and selling increased significantly, with UVXY showing the highest simulated slippage at the 100,000 scale.
$UVXY simulated slippage for 10,000 scale buy/sell is 0.21%/0.20%, and for 100,000 scale is 1.03%/1.00%. This is a cost table, not a direction indicator; simultaneous increase in buy and sell costs indicates overall shallow depth.
$CT cost differences mainly appear in large buy orders. Simulated slippage for 10,000 scale buy/sell is 0.10%/0.09%, and for 100,000 scale is 0.70%/0.43%. The bid-ask spread widens for large trades but remains symmetrical for small trades.
$BAT simulated slippage for 10,000 scale buy/sell is 0.08%/0.11%, and for 100,000 scale is 0.61%/0.54%. Do not linearly extrapolate slippage from the 10,000 scale to the 100,000 scale; read the levels according to actual order sizes.Is the Technology Sector Losing Momentum?
Not Necessarily — AI Infrastructure Could Still Have Significant Growth Potential.
Recently, the storage and optical communications sectors have experienced sharp corrections, raising concerns about whether the
AI technology boom is losing steam.
Recent six-month declines among key players include:
$AAOI : Down 48.99%
$SKHYNIX Hynix: Down 51.99%
$LIT : Down 15%
Despite these declines, valuation metrics suggest that some companies $TIA suddenly surged wildly, is modular narrative calling people back again?
TIA has been continuously rising, with a single-day increase of about 16% on October 16, hitting a new high for 2026, and the price once touched around $0.76 the next day.
The 24-hour trading volume surged to about $280 million, clearly this wave is not just a few small orders pushing the candlestick red.
The story behind it is not hard to find: Celestia focuses on the data availability track, recently supported by expectations of high-throughput technical routes and Blob economic model upgrades, with TIA rising about 59% cumulatively over the past four weeks. However, related reports indicate that on-chain Blob demand has not strengthened in sync.
I tend to see this wave as funds betting ahead on the future, rather than the business having fully taken off.
TIA's inflation rate has dropped to about 2.5%, easing supply pressure, but token unlocking is not yet finished.
Next, the main focus can be on two things: whether it can hold the high level after volume expansion, and whether real Blob demand can keep up. If only the price surges but usage does not move, this rally is likely to become a narrative relay.
$DNA $BTC
#SpaceX's first full quarterly report after listing will be unveiled *Evening Notes: BTC spent the whole day indecisive, ETH fell behind first*
This morning I said BTC was resistant to falling, but by evening it had to correct half: it’s not that buying pressure is strong, but both buying and selling are flat. Today, several 4-hour candlesticks closed tightly between 81,560 and 81,740, with volume shrinking from $318 million at midnight to just $43 million on the latest candle. This kind of market makes praising BTC’s resistance meaningless—it can’t be pushed down, nor can it rise.
The real laggard is ETH: down 1.83% in 24 hours, nearly twice BTC’s drop, even dipping below 2,400 intraday. BTC is consolidating in a range, ETH is showing weakness; if a side has to be chosen, ETH is likely to move first.
No US stock market or data tonight, so the only disruptors are oil prices and Middle East news. My lines remain: if the 4-hour close falls below 80,000, expect a catch-up drop—I’ll admit defeat; only if volume supports a close above 82,634 can it be considered a recovery. Until then, resist the urge to trade—weekend fakeouts are designed to tempt you.
Which side are you betting on: a Monday gap up recovery, or a gap down catch-up drop? 分析师喊 82 美元，股价 28 美元：OKLO 这是底还是半山腰
DOE 刚选中它的同位素工厂，股价却一路新低，我选择先看戏。
看见了：
美国能源部选中 Oklo 的 Groves 2 Forge 同位素工厂推进，医疗同位素是发电之外的新故事。
但 9 月 11 日它又启动了 10 亿美元 ATM 增发，自 SPAC 上市以来股本膨胀了 58%。
周五收 27.97 美元，距 52 周高点跌超八成，50 日线和 200 日线全在头顶压着。
Meta 的 20 年购电协议还在谈，分析师一致目标 82.44 美元，是现价的近 3 倍。
我觉得：利好是远水，稀释是近火，28 美元增发 10 亿要比 35 美元多卖约 700 万股。
我怎么做：不接飞刀，站上 35 再看企稳；跌破 27 就还是探底通道。
二选一：你信 82 美元的目标价，还是信市场的脚？
$OKLO $SMR
#OKLO #核能 ETF ran off with 82.4 million, yet the market didn't crash? Bears tonight, don't be stubborn, or you might get forced to pay back with a reversal.
The strangest scene appeared: The US Bitcoin spot ETF had a net outflow of 82.4 million yesterday, with IBIT itself running off 71.8 million, and no product recorded inflows that day. According to previous patterns, such a blatant selling pressure at this scale should have smashed the market to pieces. But look at $BTC—80809 dipped sharply but stubbornly recovered above 81500, and the 81000 barrier hasn't been lost for now.
What ran off were obvious panic sellers, not new shorts.
First, look at $ETH, the cleanest tonight. It was hammered down to 2393 during the day, just a breath away from 2400, but then recovered to 2429. The 2400 level is not arbitrarily drawn; it’s a psychological threshold combined with a dense chip zone. Only breaking below 2380 and reversing structure would be truly bad. The 2393 dip didn’t continue, indicating someone stepped in to buy at that level. $ETH’s confidence tonight is simple: as long as 2393 holds, you can lightly try longs above 2429; if it breaks 2400, don’t hold on, admit defeat and exit. No shame in that.
$SOL followed suit, but don’t get carried away. 102.49 is the real intraday low, the lowest point hit, then bounced back to 104.3. That low spike carries more info than the price itself—someone bought near 102. But $SOL’s problem is the strong resistance between 105 and 105.2. When it rebounds above 105, reduce positions first; don’t get lost in the oscillation. 102 is the bottom line; following around 104 is okay, but breaking 102 means reconsidering the next level.
$BTC is the steadiest and most telling. The 80809 dip was a one-day event, closing back at 81512. The 80k to 81k range has been tested more than three times in the past week, with on-chain chips and order book buy orders stacked nearby. The ETF is running off, but the price doesn’t break down—these two facts together only mean one thing: marginal selling pressure is fading. Standing above 81500, the upside looks toward 82000 to 82500 for a rebound repair, but don’t chase shorts tonight; the logic isn’t on the bears’ side.
Why can’t it fall? Two potential bombs are silent tonight.
First, interest rate hikes. Wash kept his mouth tightly shut in Bangkok, and a single "no prediction on meeting outcome" statement dropped the October rate hike odds from about 33% to 12%. The Fed officially entered a blackout period today; no officials will hawk before the October 27-28 meeting. In other words, no new bullets will be fired at risk assets from the rate side in the next ten days. This bomb is temporarily silent.
Second, MSCI. The removal list is indeed hanging, but the final list will only be announced on November 11 and take effect on November 30. No boot dropped tonight, only sentiment running ahead. And after sentiment runs, the price looks like this—no crash.
Plus, today is the weekend, liquidity is thin, and real battles are few. The most common move in such times: bears add positions riding the ETF outflow "obvious panic" but find the price doesn’t follow, ending up forced to pay back with a reversal.
Three sentences for those opening positions tonight:
$ETH: 2393 is the bottom card, lightly try longs above 2429, admit defeat if it breaks 2400.
$BTC: Above 81500 look for 82000-82500 repair, don’t chase shorts.
$SOL: Follow at 104, reduce above 105, 102 is the defensive bottom line.
Bears, don’t add positions tonight. When the obvious panic runs off, the most dangerous are those still rushing in.💸
$BTC $ETH $SOL
#Tesla releases new generation Roadster, market rallies #US CPI and PPI both exceed expectations, will there be another rate hike this year? #SpaceX’s first full quarterly report after IPO to be revealed Following the big trend to trade is really comfortable
$HYPE has dropped below 80 points. It was mentioned before that too many tokens were unlocked, causing heavy selling pressure above, and there are still many tokens yet to be unlocked. Each unlock leads to selling, so the price simply can't rise.
Never trade against the trend; if you notice something wrong, stop loss immediately.
#机构资金持续流出，BTC能否企稳？ $TSLA vehicle deliveries reached 486,500 units, exceeding market expectations by about 5%,
but this was mainly driven by contributions from Model 3/Y, and year-on-year still declined by 2.1%,
under the shadow of a high base in the same period of 2025 (rush purchases before the US tax credit expiration).
The positive impact on deliveries is unlikely to fully offset the drag from weak gross margins,
energy storage falling short of expectations, and a surge in operating expenses, In recent days, 【storage】 and 【optical communication】 have dropped significantly; is the technology outdated?
In the past few days, the AI-related hardware group in the US stock market has seen a notable adjustment:
$AAOI 6-month decline: -48.99%
$SKHYNIX 6-month decline: -51.99%
$LITE 6-month decline: -15%
But we notice a characteristic:
Applied Optoelectronics price-to-sales ratio: 10x
SK hynix price-to-earnings ratio: 5.3x
Lumentum price-to-sales ratio: 10x
😀😀🎏🎏🔥 Saturday Market Overview: As soon as the ETF data came out, institutional intentions were written all over their faces
$BTC Yesterday saw a net ETF outflow of 1.28 million, with Fidelity selling 1.28 million, and BlackRock showing no data at all. Compared to the tens of millions outflows in previous days, this volume looks more like a probe than a retreat—institutions are neither panicking to dump nor rushing to buy at this level, showing a strong wait-and-see attitude.
$ETH Even more straightforward, yesterday Ethereum ETFs were zero across the board, with the total column completely blank. Both bulls and bears are lying low, lacking even the enthusiasm to sell off, just waiting for direction.
$SOL Net outflow of 120,000, not much money, but funds have been flowing out for several consecutive days, indicating a colder preference and resilience not as strong as imagined.
Why is the market so frustrating? The answer is clear: institutions are not providing new capital; BTC and ETH are currently propped up only by retail long positions in contracts, lacking real cash support, making rebounds easy to become rootless trees.
My choice: remain out of the market. Institutions aren’t even showing their cards, so retail investors don’t need to be the first movers; wait for sustained large ETF inflows before considering entry.
This article is for market observation only and does not constitute investment advice.
#US CPI and PPI both exceed expectations, will there be another rate hike this year? #Tesla releases new generation Roadster, market rises #SpaceX to reveal first full quarterly report after IPO #Netflix growth may slow, advertising business becomes new focus $NFLX
Netflix's next phase of growth will no longer be measured solely by the number of subscription users. Revenue is expected to be $12.86 billion, with an operating margin of 33.2%. The key point is whether the advertising business can open a second growth curve, combined with strict cost control to raise profitability. Maintaining revenue growth while continuously expanding profit margins is the company's core performance evaluation metric Recently, there's been a lot of discussion about CRWV, ORCL, and others borrowing to build data centers, with people saying the model is unsustainable. I actually think this isn't a new issue—those buying these stocks clearly know what they're getting into. Buying AI data center stocks is essentially leveraging. If you can multiply your investment several times, you have to accept the possibility of going to zero. If you're afraid of risk, go buy Microsoft, Nvidia, Apple, or Google—they won't go bankrupt, but they also won't give you multi-fold returns. Risk and reward are always two sides of the same coin. $CRWV $ORCL Pre-market temperature: $BTC up nearly 3%, ETH rebounds 4.5% to 2466, SOL at 106, holding above 100 after dipping to 100.82 during the session.
Leverage observation: $BTC open interest dropped from 2.58 billion to 2.45 billion, long-short ratio 1.88→1.67, funding rate close to 0; ETH long-short ratio 2.73→1.86, leverage clearly clearing out; SOL long-short ratio 2.55 still relatively high, funding rate switching between positive and negative, longs are crowded. Price has returned, leverage has not; this rally looks more like short covering rather than new longs entering.
Technical aspect: ETH 4-hour MACD golden cross below zero line, short-term bullish bias, but heavy trapped positions above 2500 make chasing longs less cost-effective; SOL faces resistance near 110, low volume makes breakthrough difficult.
Positioning conclusion: Still a corrective market, not a reversal. After US stock market opens, watch if tech stocks can hold; key support levels to watch are BTC 80,000, ETH 2,400, SOL 100. Holding these supports means continued consolidation and recovery; breaking them requires reducing risk exposure.
#US CPI and PPI both exceed expectations, will there be another rate hike this year? #ETH fluctuates after touching $2500 Bottom fishing turned into hitting the bottom, because the timing of entry was miscalculated
24,100 likes, but only 9 comments.
Those who liked are laughing, but they're laughing at themselves.
What does this number mean: it means the views and likes are almost one-to-one.
This indicates that those who finished watching didn’t argue, they just clicked.
In other words, this is not about agreeing with the opinion, it’s about claiming it.
What he actually did: at the moment of entry, he thought the price had already bottomed out.
But the "bottom" was defined by himself, not given by the market.
His position is standing by because no one is taking over his orders.
The term "bottom fishing" itself is problematic.
It assumes there is a floor below, but actually there is only the next layer of buyers below.
If buyers don’t show up, the price will keep searching downward.
Among those 9 comments, probably no one asked where he placed his orders.
#Institutional funds continue to flow out, can BTC stabilize?
#$ETH During the roughly ten days of decline, the long-short account ratio for $SOL contracts on OKX kept rising. On October 6, it was 1.57, with the price still above 120. By October 14, when the closing price was 103.88, this ratio reached 2.61, meaning for every short account there were 2.6 long accounts. The price dropped by more than 10%, yet there were even more longs.
Most of these longs increasing as the price fell likely entered because they saw it as cheap. The ratio counts accounts, not the amount of money; small positions made up the majority. Those who entered early got increasingly pressured with each drop, as more longs were trapped; bottoms usually don’t emerge until some of these holders can’t endure and hand over their chips.
This process of handing over is already underway. After October 14, the account ratio retreated to 2.5, then to 2.34, and on October 17 it was 2.3. Contract open interest also shrank during the same period, dropping from $406 million on October 8 to $356 million, a 12% decrease. Yet the price didn’t collapse; on October 15 it briefly touched 100 intraday but closed at 106, then fluctuated between 102 and 107 over the next two days.
Long positions are rotating, and the price is holding up. I tend to view this combination positively. When the account ratio returns near 2 and the price remains above 100, the batch of longs who chased earlier will have mostly been washed out. At that time, SOL will be much lighter than when the account ratio was 2.6.#SpaceX上市后首份完整季度财报将揭晓
Risk of internal divergence in the US stock market intensifies: the median S&P 500 constituent has pulled back 15% from its peak, while the index appears strong on the surface, propped up only by a few AI giants. Caution is needed as a slip in heavyweight stocks could lead to a deep market correction.GTC has really gone crazy, 24% in one day, climbing from 0.1 at the end of September all the way to 0.25.
Two things sparked the fire: at the beginning of the month, the founder painted a "reboot plan" promise, launching in mid-December; then Upbit listed the KRW trading pair, and as soon as Korean funds came in, it jumped 93% that same day.
But I have to pour cold water on this. This kind of pulse from Upbit listings, "peak at listing" is the norm, all short-term emotion.
Looking at this market, low circulation and high control, it pumps fast and dumps even faster, with no relation to value recovery.
So I’m not chasing. 0.19 is the pre-start position; if it breaks, it means this wave is over, and those chasing above are just standing guard.
Would you dare to catch this kind of newly listed coin on a Korean exchange?
$GTC $ETH
#Altcoin #Ethereum$ADA This drop really amuses me. The volume has shrunk to half the usual, yet the price still dropped another 3.5%, wiping out nearly 14% in a week, now hovering around 0.22 — this is what it looks like when no one is buying. But saying it's that bad isn't right either; it's still 9% higher than 30 days ago and 33% higher than three months ago. This is the most typical scenario: it pumped once, now slowly leaking down, traders have left, and what's left are holders with unrealized profits who aren't in a hurry. Those who verbally cheer for good news have all left; wait for real volume before talking again. $ADA Charles Schwab has opened direct BTC and ETH trading to all individual clients, with a single transaction fee rate of 0.75%. Sounds not high, but let's do the math: buying deducts 0.75%, selling deducts another 0.75%, a round trip costs 1.5% upfront, so the coin price must move beyond this range to break even. In comparison: Fidelity charges 1%, E*Trade only charges 0.50%, a round trip 1%. For frequent traders, the fee rate difference is a long-term return difference. $BTC $ETH For public chains like $STRK, $NEAR, and $BCH, which lack widespread application, the chip structure is more important than the narrative.
1. STRK's drop today exposed its real chip structure. Once macro hedging starts, targets without cash flow support are immediately revealed. Unlocking combined with selling pressure targets narrative coins.
Therefore, STRK was the weakest today, dropping 15%, with holders rushing to exit. This decline could fall to 0.065.
On-chain data shows tens of millions of tokens transferred to exchanges, a typical prelude to selling pressure. It's advised not to buy in.
2. NEAR also dropped 5%. Although the AI+Intents narrative remains, it’s vulnerable when risk appetite shrinks. Valuation around 5 is not expensive, but there’s no buying support.
3. BCH barely fell today, hovering around 277. With no unlocking or new narrative, its pure payment attribute and low volatility make it the most resistant to decline, likely moving in line with the broader market.
In the face of panic, narratives are worthless, so the more hyped coins before have fallen harder, while coins like BCH, which weren’t hyped earlier, remain relatively stable.