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US September CPI was released last night: year-on-year 3.7%, higher than August's 3.4%; excluding food and energy, year-on-year is 2.6%. In the same report, seasonally adjusted gasoline prices rose 9.1% in a single month, contributing to more than half of the overall monthly increase.
Declaring "inflation is out of control across the board" just by seeing 3.7%, or saying "it's nothing" based on 2.6%, both only show half the picture. Gasoline prices rising sharply does not mean every item rose 9.1%; the core being lower than the overall also doesn't mean you can just remove fuel costs from life.
I want to see clearly where the price increases are concentrated before discussing sustainability. Data is not meant to give bulls and bears each a hammer to hit whichever number suits their view.
$BTC #软银集团加码OpenAI，财报聚焦投资回报
On October 1, SoftBank dropped the final $10 billion to complete its $30 billion follow-up investment plan in OpenAI, but on October 13, its stock price plunged 8.5% in Tokyo, down 38% from its all-time high.
Borrowing at a high 9.75% interest rate to invest in OpenAI, stock price has already dropped 38%
SoftBank is indeed ruthless this time. The last $10 billion arrived on October 1, fully fulfilling the $30 billion follow-up investment plan, with a total investment of $64.6 billion and about 13% ownership.
All the money is borrowed. On September 24, it issued bonds worth about $11.1 billion, maturing as late as 2034, with a coupon rate as high as 9.75%. Borrowing high-interest debt to invest in OpenAI, which has not yet gone public, this calculation is indeed risky.
On October 13, the stock price plummeted 8.5% to ¥5310, down 38% from the June 2 high of ¥8632. Without decent returns in the earnings season, the market will not hesitate to sell off. TSMC's profit soars 69%, is the AI boom stable now?
TSMC's net profit for Q3 increased by about 69% year-on-year, reaching NT$763.1 billion, with revenue around NT$1.494 trillion, both hitting new records and profits exceeding market expectations. Judging by this report alone, AI chip demand is indeed still very strong.
But what I think is truly worth watching is not just the new highs, but the costs and expectations behind this high growth. Advanced processes, 2-nanometer ramp-up, and overseas factory construction all require heavy investment; TSMC's capital expenditure guidance for this year remains between $60 billion and $64 billion. The market now wants to know: can AI demand visibility extend to 2027? Can profit margins withstand the costs of capacity expansion?
This is also why a good earnings report doesn't necessarily mean the stock price must rise. The stock price trades on "whether results exceed already high expectations," not just on whether the numbers look good enough. If everyone bets on AI's continued explosion, even strong performance can lead to profit-taking if future guidance doesn't get raised further.
High-performance computing already accounts for about 68% of revenue; the stronger AI gets, the more the market depends on this growth mainline. TSMC's real watershed moment may not be whether it can still grow, but how high the market has raised growth expectations for the AI industry chain. Do you think the market is currently underestimating the sustainability of AI demand, or has it already priced in the good news for the next few years? #TSMC Q3 net profit beats expectations, profits hit record high $TSM After testing the resistance level near $87,000 twice, Bitcoin's price has started to show signs of a pullback.
Yesterday's 3D candlestick chart displayed a bearish hammer, indicating that Bitcoin has actually entered a correction phase after more than 3 months of rallying.
To determine whether Bitcoin will experience a pullback in the medium term, we need to wait until the end of this week to see how the weekly close turns out. $BTC #BlackRock Crypto Asset Scale Grows 63%
[Old Leek Observation] BlackRock's crypto asset scale grew 63% in a single quarter. Have institutional funds really returned?
BlackRock's digital asset management scale rose to about $79.6 billion in the third quarter, up $30.8 billion from $48.8 billion in the previous quarter. This increase alone is indeed impressive.
But what I care more about is where exactly this $30.8 billion came from.
According to data breakdowns from related reports, about $22.9 billion came from the rise in crypto asset prices, and about $7.9 billion came from net capital inflows. In other words, the bulk of the scale growth is due to the paper gains from price increases, not because institutions suddenly poured in hundreds of billions.
However, the net inflow itself is still worth noting. It indicates that investors did increase their allocations that quarter, and institutional demand is not entirely propped up by market conditions.
For $BTC and $ETH, this set of data provides a direction for observation: if subsequent funds continue to flow in, even if prices pull back, institutional buying could become a supporting force in the market; but if net inflows quickly weaken, the rise in management scale cannot be simply interpreted as a long-term bullish signal.
Don't just focus on BlackRock's asset scale hitting new highs; what really matters is: how much new capital it can attract next quarter.
Scale growth reflects the past; sustained net inflows better indicate what the funds intend to do next. $ZEC #ASML Q3 Revenue Hits Record High, Can Future Demand Be Realized? $ASML
Revenue increased by 25% quarter-over-quarter, profit rose by 70%.
▪️ Q3 net sales €11.662 billion, about +25% QoQ, first quarter to surpass €10 billion
▪️ Net profit €4.96 billion, about +70% QoQ; gross margin 57.5%
▪️ Net sales near the high end of previous forecast range, full-year outlook raised for the third consecutive quarter
▪️ Some customers have started order discussions for 2029–2030 equipment
▪️ Stock price down −2.49% on the day of earnings release
The disagreement is not about whether this quarter beat expectations, but why revenue and profit grew at different rates.
The cost of a lithography machine mainly lies in R&D and capacity. The additional unit sold spreads the fixed costs already paid. Revenue +25%, profit +70%, this difference is operating leverage: equipment manufacturers earn not from each unit sold, but from capacity utilization — the marginal cost of selling one more unit is very low.
The outlook is cautious — gross margin must hold above 58% and order visibility must continue to expand to be considered fulfilled; otherwise, leverage could work in reverse.#闪迪存储业务高增长能否延续？ Title: Saudi Aramco Headquarters Attacked and Set on Fire, Yet Brent Crude Closes Down 0.9% — Why Is the Geopolitical Premium Not Working This Time?
The market is watching whether the conflict will further affect oil fields, refineries, and export terminals, as well as whether facility security and transportation risks can impact actual crude supply and international oil prices. Energy giant executives have begun withdrawing from related activities, marking a substantial escalation in security risks to Middle Eastern energy facilities.
The market uses the "Brent closing down" to tell investors: the pricing power of geopolitics belongs only to "actual supply cuts," not to "symbolic attacks." As long as oil fields and ports remain intact, it is difficult for oil prices to replay the "panic-driven surge" scenario.On October 14, 2026, rising oil prices, core CPI exceeding expectations, and escalating AI credit risk formed a "triple hit," triggering a market-wide sell-off.
The real driving force was the hot core CPI. The broad inflationary pressure shattered the illusion of "ignoring energy volatility," with the probability of a rate hike in October briefly surpassing 50%, and the December probability soaring to 95%. Short-term yields surged first, followed by an accelerated stock market decline that triggered bond buying flows; the 10-year yield retreated from the intraday high but still closed higher. The market began to price in expectations of two more rate hikes next year. Credit market cracks widened, with CRWV bonds falling to the $70 range, data center-related spreads widening exponentially, CCC-rated spreads breaking 1000 basis points, and IG-HY spreads approaching previous highs again. The tech sector's credit performance lagged at the bottom.
Stock market trading activity noticeably increased. The NDX and RTY led the decline by about 2%, marking the largest single-day drop since June; the Dow was relatively resilient, with the S&P in the middle. AI concept stocks underperformed the S&P 500 excluding AI by 840 basis points cumulatively this week. CoreWeave plunged 15% at midday, with DOCN, HUT, NBIS, and others also sharply down; ORCL fell 9%. The Gartner report stated that if AI capital expenditures continue at the current pace, by 2030, 80% of NeoClouds will struggle to operate independently, further intensifying concerns over revolving financing and credit contagion. The Mag7 collectively weakened, and the financial sector was dragged down by disappointing US bank earnings. The S&P has fallen below the 7750–7775 positive gamma support range Rising CPI makes Fed rate cuts increasingly unlikely. Cutting rates too early could fuel spending and undo progress toward the 2% inflation target. Markets may hope for easier money, but the Fed cannot ignore persistent price pressures. Higher-for-longer rates could weigh on Bitcoin, altcoins, and stocks as liquidity stays tight. Until inflation cools convincingly, holding rates steady looks more realistic than cutting. #CPI #Fed #Crypto
#USCPI3.7%PPIInFocus $BTC
On-chain spot demand increased by 69,000 coins, so why can't it withstand over 100 million in forced liquidations within an hour?
Data disclosed by CryptoQuant on October 14 shows that after two months of contraction, total Bitcoin demand has recently rebounded by about 69,000 BTC, indicating that spot buying is indeed recovering. However, on the same day, CoinGlass statistics showed that within just one hour after the US September CPI release, over $100 million in leveraged positions were liquidated in the crypto market, with total liquidations exceeding $220 million in 24 hours. BTC OKX spot is 80898.8, SUI OKX spot is 0.9844.
The contradiction here is clear: spot buying accumulates slowly over weeks and months, while high-leverage contracts get trampled within minutes in the face of macro shocks. Slow spot buying can't save fast leverage. I judge that until the existing long leverage in the contract market is completely cleared, the cyclical demand recovery of 69,000 coins alone is insufficient to immediately trigger a V-shaped reversal. In the coming week, BTC will likely continue to oscillate and trade between 79,500 and 82,500, and SUI, having fallen below 1, will be constrained below 1.05 in the short term. If the overall contract funding rates across the network turn significantly negative and BTC volume surges back above 83,800, then the consolidation and bottoming judgment will be invalid.
$BTC
$SUI
#OnChainDataAndLiquidations# TSMC Q3 Net Profit Exceeds Expectations, Profit Hits Record High
• Core Beneficiary of the AI Wave: Revenue and net profit reached record highs, mainly driven by strong global demand for high-performance computing (HPC) and AI chips. TSMC's absolute technological leadership in advanced processes (such as 3nm and 5nm) makes it an indispensable leader.
• Extremely Strong Profitability: Gross margin approaches 68%, demonstrating its very high bargaining power with downstream customers (such as Apple, NVIDIA, etc.), and the yield and capacity utilization of advanced processes remain high.
• Market Sentiment Optimistic but Stock Price Calm: Although the financial report data exploded, the chart shows that related targets (TSM, xTSM) only rose slightly by 0.08% and 0.04% respectively, reflecting that the market had already priced in the positive news before the earnings release. Going forward, attention should be paid to the future pace of capacity expansion and potential geopolitical risks. #Anthropic reports Q3 revenue rising to $16.8 billion and achieving profitability $ANTHROPIC
Year-on-year growth surged 20 times, but quarter-on-quarter dropped from 143% to 46%.
▪️ Q3 revenue $16.8 billion, quarter-on-quarter +46%, year-on-year about 20 times, and achieved quarterly profit
▪️ Revenue path: Q1 $4.73 billion → Q2 $11.5 billion → Q3 $16.8 billion
▪️ Quarter-on-quarter growth rate Q2 +143% → Q3 +46%, down two-thirds over three quarters
▪️ $16.8 billion falls at the lower end of the market expectation range of $16–18.5 billion
▪️ The company is seeking investor support for an IPO expected to launch in November
The disagreement is not about whether it is profitable, but which is closer to the current situation: "20 times" or "46%".
Year-on-year 20 times uses a very small base from last year, while quarter-on-quarter 46% reflects its current speed. $16.8 billion still falls at the lower end of the expected range—the market optimism has already gotten ahead of the numbers.
The direction is to wait and see — Q4 quarter-on-quarter must hold above 40% for the curve to hold; if it continues to decline, the valuation anchor needs to shift to the annualized category.#Korean stocks fell nearly 8% intraday, global tech stocks collectively under pressure
The South Korean stock market completely collapsed today.
The KOSPI fell nearly 8% intraday, directly triggering a circuit breaker and halting trading. Samsung Electronics dropped over 8 points, SK Hynix fell more than 7 points, and the Nikkei 225 also dropped over 4%. Overnight in the US, the Nasdaq fell 1.88%, and the Philadelphia Semiconductor Index has been falling for six consecutive trading days. The entire global tech sector is taking a beating, each worse than the last.
Why such a sharp drop? The US September CPI exceeded expectations, reigniting fears of interest rate hikes. AI infrastructure financing costs are rising, tech stock valuations were already high, and the storage industry faces intense competition. ASML's earnings report clearly showed strong equipment demand, but investors are not buying it; they are recalculating whether AI investments can actually pay off. TSMC's earnings report has become the next key verification to watch.
So what impact does this have on our crypto space? I'll tell you two points.
First, global tech stocks are collectively under pressure, so risk appetite will definitely decline.
Second, it's still unclear whether this round of adjustment is a valuation correction triggered by high interest rates or if semiconductor profit expectations are starting to weaken. If it's the former, the market can recover after the drop. If it's the latter, the entire AI hardware narrative will need to be repriced.
My view is simple. In the current market, don't rush to bottom-fish tech stocks or Bitcoin. Wait for TSMC's earnings report to see if the real demand for AI hardware has collapsed before making a decision.
What do you think? $BTC $ETH Volume increase ≠ revenue growth, don't skip the second verification
Scaling up business is like opening a floodgate, the sound of water is loud, but accounts must be calculated separately.
$HYPE: When cutting fees to grab volume, don't just focus on transaction amount. If the rate is cut to one-tenth of the original, volume must increase tenfold to break even; if not, it's exchanging revenue for hype. Later, look at effective rates, real income, and repurchase retention (￣▽￣)~*
$AAVE: Raising the ceiling just moves the limit, it doesn't mean borrowing demand will automatically fill it. Check utilization rate and whether new loans cluster in a few assets. Capacity is permission; income depends on actual lending 😉
$XRP: More accounts don't equal equivalent buy orders. Minimum reserves and designated reserves occupy funds; rules or deletions change net occupancy. It's better to look at net new accounts and net occupancy changes, not directly translate account growth into buying demand 🤔
In short: scale is the entry point, quality is the exit. Transaction amount, limits, and account numbers are just the first half; income, utilization, and net occupancy are the second half (๑•̀ㅂ•́)و✧
#US CPI unexpectedly rises to 3.7%, PPI faces another test tonight
#TSMC Q3 net profit exceeds expectations, profits hit record high
#Netflix growth may slow, advertising business becomes new focus #NetflixQ3AdsAndMargins Whale Showdown ⚔️
Big Bro Maji · Tough Holding Watchlist
$BTC: Average price 84,700, liquidation at 71,600, holding 390 coins, heartbeat follows the K-line 😬
$ETH: Entered at 2545.84, triggered stop at 2489.81, unrealized loss 238,000🔥
$HYPE: Liquidation at 57, holding 169,000 coins, unrealized loss 230,000📉
Biggest risk: Single-day funding fees burned $1.18 million, breaking the line may trigger chain liquidations ⚠️
Boss Eleven · Position Cut Risk Control
Iron rule: Single loss ≤ 2% of principal, exit immediately if wrong, never hold until liquidation ✂️
Main anchors: BTC drops below 78,000, ETH below 2385, unconditional retreat 🚪
In a volatile market: Draw "error recognition lines" for support and resistance first, no rule changes during trading 🧭
One relies on tough holding for reversal, the other relies on discipline to survive. In the market, stubbornness is a story, survival is the skill 💡#US CPI unexpectedly rises to 3.7%, PPI test tonight #TSMC Q3 net profit exceeds expectations, record high earnings Volume has increased, so I took the pulse of Dogecoin.
First, some numbers: In the past 24 hours, $DOGE had a trading volume of about $1.444 billion, which is $621 million more than the previous day. The market is lively, but let's be clear: lively doesn't mean a clear direction.
Traditional Chinese medicine pulse diagnosis talks about "pulse and symptoms combined"; looking at the pulse alone can lead to misdiagnosis. Volume is like the pulse: volume is the heartbeat, price is the complexion, and they must be observed together.
A volume surge with a price drop means a fast pulse and poor complexion—trading volume expands but price weakens continuously, sellers dominate. A volume surge with consolidation means a fast pulse and stable complexion—trading volume expands, price holds steady around 0.0790–0.0800, and the sold coins are being absorbed; this is called absorption or turnover. Although both involve volume surges, their fundamentals are different.
So don't just focus on the total trading volume; focus on a price range: 0.0790–0.0800. If it holds steady there, this volume surge means a blood refresh; if it doesn't hold, no matter how lively, it's just distribution.
I've been fooled by volume surges before. Back in 2017, I mistook a volume surge for the start of the second half, but it turned out to be the sound of the closing bell. I still remember the cost of that lesson.
Now, I'm happy to see volume returning. When there's volume, there are players at the table. As long as people don't leave the Dogecoin market, it won't go cold.#TSMC Q3 net profit exceeds expectations, profit hits record high Revenue grew 50.9% year-on-year to NT$1.49 trillion, net profit surged 68.7% year-on-year to NT$763.1 billion, both setting single-quarter records. The 2nm advanced process now accounts for 8% of wafer revenue, with overall advanced processes making up 79%. AI chip demand remains the core driver.
However, the stock price fell more than 2% after hours.
The core issue lies in the gross margin guidance.
Q3 gross margin guidance range is 65%-67%, lower than Q2's actual 67.7%. The market is concerned that capital expenditures are continuously increasing (with the Arizona plant in the US, Kumamoto plant in Japan, and Kaohsiung plant progressing simultaneously), and the massive depreciation will erode profit margins in the coming quarters.
Simply put: earning more, but spending more.【Did Maji just crawl back from the gates of hell again? 25x leverage, 320 $ETH, still daring to play】
Big brother Maji was just liquidated once today, and then turned around with a 25x leveraged long position of 320 ETH left. Entry price was $2355.52, liquidation price $2334.84, currently floating profit is $6500. This profit is nothing in his track record, with only about 0.88% price space left before liquidation.
In the past 4 months, he once turned $56,000 into $12.25 million, but after today's liquidation, the address was left with only $21,800 at one point. The account went from tens of millions in floating profit to just tens of thousands, leverage clearly compressing the distance between making money and going to zero.
Coincidentally, today about $240 million worth of ETH long positions across the network were liquidated, with the price dropping near $2350, and Maji's position was almost walking on the liquidation line.
Gambling like this is not advisable. Even someone like Maji with unlimited bullets can't hold on, so retail investors need to be more careful and protect their principal to have a chance.#TSMC Q3 Net Profit Exceeds Expectations, Earnings Hit Record High
TSMC's latest financial report shows profits soaring nearly 70%, so why did the stock price drop? $TSM
Talking about TSMC's just-released Q3 financials: revenue surpassed NT$1.49 trillion, net profit surged to NT$763.1 billion, a year-on-year increase of nearly 69%, all indicators far exceeding market expectations. The share of 2nm and advanced processes is extremely high, and demand for AI chips remains robust.
Interestingly, the market dipped slightly after the positive earnings announcement. The market isn't worried about its profitability but is questioning its highly ambitious capital expenditures.
This year, TSMC's capital expenditure has been raised directly to $64 billion, and in the coming years, it could even reach astronomical figures around $80 billion.
With nearly 20 factories being built worldwide simultaneously, this unprecedented expansion speed means very high depreciation costs and management dilution from overseas plant construction. Moreover, the gross margin guidance has been slightly adjusted, causing the market to become cautious about overcapacity and diminishing marginal returns on AI investments.
TSMC's short-term logic is monopoly premium—no one can replace it—but the mid-to-long-term logic will shift from the AI dividend period to a capacity digestion period. Once major tech giants move their AI investments into refined cost accounting, the massive capital expenditures will become a double-edged sword.
Earnings are at their peak, but the alarm bells for a sprint are also ringing.
DYOR Last night the CPI was released, and the market really reacted massively. The US stock market dropped 1.8 points, then the night session fell another 1 point, and during the day the Korean stock market crashed again. Companies like Hynix, SanDisk, and Micron all plummeted. Even crypto took a big hit, except gold might be holding up since it is known as a safe-haven asset and many countries are actively buying it. So in the short term, gold is relatively hard to fall.
The CPI result last night was very poor; the expected value was 3.6, but the actual release was 3.7, higher than expected. So the market thinks the Federal Reserve might raise interest rates in October. Currently, the market's predicted probability of a Fed rate hike has increased significantly. When we looked yesterday, the probability of a 25 basis point hike was only 19%, but today it has risen to 27%. It is expected to continue rising, but as long as this data does not exceed 50% before the FOMC meeting at the end of the month, and crude oil prices can retreat somewhat, the probability of a rate hike is not high.
However, a rate hike is like a double-edged sword; as long as there is an expectation, it will keep pressuring the market. It might be better to just raise rates in October. If rates are raised and inflation can be controlled by November, that would be good. Also, after the midterm elections in November, Trump will definitely intervene in the Iran issue since oil prices have been high for half a year. They can't stay this high forever!
But if rates are raised in October and inflation is not controlled, then rate hikes will likely continue, and the market will be doomed, leading to a worse outcome.
So currently, the US...The market is no longer betting on when the interest rate will be cut, but on how many more times it will be raised.
Once the CPI came out, the bets changed immediately. The probability of no change in October was nearly 80%, but now the bets on rate hikes have piled up, with three more expected by the end of 2027.
But this time, the reason for the rate hikes is oil.
Rate hikes suppress demand, but they can't control oil prices. Saudi Arabia won't pump out two more barrels just because the Fed raised rates once.
So this medicine can't cure this illness; it can only suppress the economy first. Prices that should rise will still rise, and life will still be tight.
For us here, the meaning is very direct: money will be tightened, and risk assets won't have fresh liquidity. Most rebounds in this environment are just for people to sell, don't mistake it for a market rally.
BTC is at 81,000, keep an eye on the 80,000 line; if it breaks, it will continue downward. I'm not buying more.
With the market this bad, having to watch it every day, what's the point?
#TradersBetOnFedHikingRatesThreeMoreTimes #SeptemberCPIIncoming HowWillCrudeOilAndUSTreasuriesMove $BTC 【Ondo locked assets have reached $4 billion, but $ONDO has yet to take off 】
Ondo Finance's total locked assets have surpassed $4 billion, with tokenized stocks and ETFs accounting for over $1.3 billion, and the cumulative number of holders exceeding 1 million. The story of Wall Street going on-chain is indeed growing bigger with Ondo.
But ONDO hasn't taken off yet. TVL represents the platform's asset scale, not $4 billion directly buying ONDO. Treasury bond products provide yield, stocks and ETFs expand trading scenarios, and Ondo is still expanding into private markets; the business footprint is indeed growing.
ONDO has actually been falling these past two days, around $0.47 on October 12, then continuously dropping to about $0.43 on October 15. Business is hitting new highs, but the token is falling; clearly, the funds are not trading according to the same script.
I am optimistic about the long-term potential of the RWA sector, but right now, Ondo's growth cannot be directly equated with ONDO's value growth. ONDO is currently mainly a governance token; more platform assets do not mean token holders can directly share more income.
What to watch going forward is whether new assets can continue to grow, whether trading activity can be realized, and whether the token has a clearer value capture mechanism. The story has grown big, but whether the token can get a piece of this cake remains to be seen.Bitcoin fell below 82,000, and inflation data crushed stocks, bonds, gold, and crypto across the board. Mastercard spent $1.8 billion to acquire BVNK, with the stablecoin payment sector continuing to be swallowed by traditional giants. Chainlink feeds prices on Stellar, and the RWA narrative is still unfolding. Richard Heart was arrested in Turkey; it's an old scheme, stay away.
Just closed the security booth window; the wind outside is a bit strong.
TRUTH current price is 0.0172380. The candlestick broke below the short-term moving average, MACD formed a death cross, volume at the top stalled, and the trend has weakened. Looking at the liquidation chart, there are many short stop-losses piled above 0.02, while the long support below is thin. Short-term weak correction, with a liquidation lure above that could trap bulls. If the rebound fails to surpass 0.018, it will continue to probe down, testing the 0.015 range.
Trading strategy: short position mindset. Entry zone between 0.0175 and 0.018, take profit first target at 0.0155, second target at 0.015. Place stop loss above 0.0188; if broken, accept the loss. Avoid blindly chasing longs; buying at this level just provides liquidity to the market makers.
Have some tea and keep watching the market.
$TRUTH
#Anthropic reports Q3 revenue rose to $16.8 billion and turned profitable
@OKX Planet Lessons from the South Korean stock market are replaying in the crypto market
South Korea's KOSPI fell from a high of 9114 in June to 6035, a drop of over 30%. It went from being the best-performing index globally in the first half of the year to the worst-performing index globally in the second half, all within just over three months.
The mechanism behind this crash is worth every crypto trader's close attention. Foreign investors withdrew $131 billion from the South Korean stock market this year, and foreign ownership of Samsung Electronics dropped from 52.4% at the start of the year to 46.38%, the lowest since 2008. When foreign investors concentrated their withdrawal on two stocks that account for more than half of the index's weight, the index had no second support point.
The crypto market has similar structural risks. BTC accounts for 58% of the total crypto market capitalization, and ETF net assets account for 6.38% of BTC's total market cap. When institutional funds start withdrawing from ETFs, there is no second "buyer group" to catch the fall. Retail investors will only sell in panic, not buy.
South Korean retail investors net sold 14.197 trillion won in Q3, wiping out all the buying in July and August. Retail investors fled when they were most needed to hold. The retail structure in the crypto market is even more fragile due to higher leverage, 24-hour trading, and no price limit protections.
The only thing I learned from this crash in the South Korean stock market is: when liquidity recedes, don't believe any "this time is different" claims. $BTC $ETH $ZEC #USCPI unexpectedly rose to 3.7%, and tonight PPI faces another test 1. Inflation: Sticky and Confirmed Last night, CPI broadly exceeded expectations: overall 3.7% (expected 3.6%), core 2.6% (expected 2.5%). Tonight's PPI is a leading indicator for CPI, checking if production costs have been passed on. Expectations: year-on-year 5.3% (previous 5.4%), core year-on-year 4.4% (previous 4.6%). Focus on core year-on-year; 4.4% is the market's bet on cooling, exceeding it would be a double confirmation. 2. US Dollar and Treasury Bonds: 10-year at 5.3% DXY surged to 102.86, a one-and-a-half-year high; 10-year US Treasury at 5.28%, 2-year at 4.87%. The implication is straightforward: global liquidity continues to tighten, and the pricing anchors for all risk assets are rising. BTC can't rally, and this is the root cause. 3. Oil and Geopolitics: Inflation's upside option Brent at $105, WTI at $94.6. In September, US-Iran military tensions escalated, Brent crude rose 14% in a single month breaking $100, and the Strait of Hormuz shipping volume remains 30% below pre-conflict levels. Oil prices are the direct driver behind this round of CPI surprises, and energy components in PPI will also be pushed higher. As long as geopolitical tensions persist, inflation has an additional upside option. 4. Global Markets: Broad declines, only gold benefited from safe-haven demand Nasdaq -1.88%, Nikkei -4.38%, South Korea's KOSPI down 7 consecutive days totaling -20%. Gold fell for 3 consecutive days after CPI to 4083, and the dollar weakened this morning #TSMCQ3RecordProfit Palantir Q3 (Nov 2) guided $2.16B revenue but street wants $2.25B-$2.30B and $0.41 EPS, so it must beat its own guide by 6%+ again. Valuation is extreme at $500B+ market cap, 161x P/E and 73x sales vs Nvidia's 28x. Growth is real (+93% Q2) but price needs perfection - that's why it fell after 2 of last 5 beats despite beating.$BTC 81,000 is not support; it’s the ETF cost line holding firm. On October 15, BTC dipped to a low of 80,985, marking the third time it tested this area. The average ETF holding cost is about 81,500, just right underfoot. Once it closes below this, ordinary ETF holders collectively turn to losses, accelerating redemption pressure.$BTC
Bitcoin ETF net outflow is $261 million, with Fidelity FBTC alone running off $153 million, and BlackRock IBIT outflowing $111 million. In the past 24 hours, the entire network liquidated $452 million, with long positions liquidated at $394 million and shorts only $58 million. The bulls are taking hits, the bears are collecting profits.
The rebound rejection at 82,500-83,000 is the entry point, with stop loss set above 83,500. The target is first 80,200, and if broken, then 78,000.
ETF funds are not buying; the rebound is a shorting opportunity. $BTC
CPI data released, ETF continuous outflows, long liquidations far exceeding shorts—the data has clearly pointed the direction. But especially at times like this, control your impulses; don’t chase shorts at support levels. Wait for the rebound to be rejected at resistance before entering. The biggest taboo in shorting is rushing; wait for the market to give you signals, which is more reliable than finding your own. #USCPI exceeds expectations to 3.7%, PPI test tonight #TSMC Q3 net profit exceeds expectations, profits hit record highs Currently, this wave has dropped from 116 to 100, a retracement of 13.9%, which falls into the shallow category. To know how long it historically takes to recover from this level, just review the data from the past 1000 days.
The method is simple: isolate each drop from a stage high, categorize by the percentage drop, then count how many days it took to return to the previous high. Returning to the previous high is calculated by closing price, not just touching it intraday.
For the 10% to 20% drop category, it occurred 53 times in the past two years, with 48 times returning to the previous high. The median time was 8 days, the fastest was 1 day, and the slowest took 219 days.
For the 20% to 35% drop category, it happened 24 times, with a median return time of 46 days. Moreover, 5 times have not returned yet, with the longest wait exceeding 300 days.
A deeper category, 35% to 50% drops, occurred only 5 times, with a median return time of 86 days, the fastest 37 days, and the slowest 202 days.
There is also a longer reference. $SOL's historical highest close was in January 2025 at $261.97, and it has not returned in the past 21 months, currently priced 60% lower.
Therefore, the deeper the retracement, the longer the wait to recover, and some in the deeper two categories never recover. This current 13.9% drop falls into the most common category, with a reference median of 8 days, slower cases taking a few months, and 48 out of 53 times it has recovered.#Netflix growth may slow, advertising business becomes new highlight
I actually don't care much about Netflix's revenue in this earnings report
Subscription plus advertising achieving about 12% growth is basically within expectations
What I'm watching is the profit margin guidance of 33.2%, compared to only 28.2% in the same period last year
This company has shifted from competing for users to making more money from each user
With expectations set so high, even a good earnings report might cause a drop
If the advertising part is described vaguely, some will sell after hours
Tech stock sentiment has been so fragile lately, don't be too confident on the night of the 20th #PalantirQ3Valuation
Palantir Q3 (Nov 2) guided $2.16B revenue but street wants $2.25B-$2.30B and $0.41 EPS, so it must beat its own guide by 6%+ again. Valuation is extreme at $500B+ market cap, 161x P/E and 73x sales vs Nvidia's 28x. Growth is real (+93% Q2) but price needs perfection - that's why it fell after 2 of last 5 beats despite beating.一天流入6.56亿，一周却流出36.23亿
$BTC 24小时净流入6.56亿美元。
同一周，净流出36.23亿美元。
这个数怎么算的：
一天的钱是短线进的，一周的钱是中期撤的。
两个方向不冲突，只是时间尺度不同。
谁在这儿挂单：
$ETH 一天进7亿，一周出35.59亿。
$SOL 一天进1.25亿，30天出20.41亿。
$ZEC 一天进1.46亿，承接最强。
单日流入说明有人试探。
周线还在流出，说明大钱没回来。
试探和总攻是两件事。
连续三天净流入，才算资金真回来了。
#渣打开放BTC与ETH交易，银行加密业务扩展
#$BTC $ETH $SNDK $SKHYNIX Hynix starts to consolidate while SanDisk plunges sharply!!!
Institutions begin to support Hynix, so Chai didn't dare to short it, but this time Chai plans to short SanDisk hard.
Recently, Chinese manufacturers have substantially overtaken; Yangtze Memory has completed overtaking in the NAND market, and Changxin Memory's breakthrough in the DRAM field has caused panic across the entire sector, coupled with many institutions lowering target prices, leading to a brief loss of market confidence in SanDisk.
Additionally, continuous insider selling at SanDisk, along with CPI data exceeding market expectations, dollar appreciation, and tech stocks collectively under pressure. In the short term, Hynix has triggered a protective cushion mechanism; institutions start to support the stock, and retail investors and whales begin to look forward to extra shareholder returns after the Q3 earnings release.
SNDK current price is suitable for entering short positions: 1348, first target 1322, stop loss 1400. The above is personal sharing only and does not constitute investment advice.
#SanDiskMSCIRebalancingEffective, NANDValuationInFocus #USCPIExceedsExpectationsRisesTo3.7%, TonightPPIFacesTestAgain #HynixRespondsToUSExpansionRumors Core DAO's business on the London Stock Exchange (LSE) The truth about $CORE The token itself is not listed on the London Stock Exchange. The listed product is the BTC staking ETP product (1VBS) from third-party issuer Valour (a subsidiary of DeFi Technologies), with underlying staking technology supported by Core. Many community promotions simplify it as "Core debuting on the London Stock Exchange," which is promotional tactics and not CORE token trading. Product: 1Valour Bitcoin Physical Staking (1VBS) 1. What it is: ETP (exchange-traded product, similar to an ETF), publicly traded on the London Stock Exchange, regulated by the UK FCA, with physical Bitcoin as the underlying asset, and Bitcoin entering the Core network for non-custodial staking to generate yields. 2. Business Logic - Valour holds real BTC, with institutions cold storage and custody; - Entrust BTC to Core network validators for staking to generate staking rewards (nominal annualized rate of about 1.4%); - Staking rewards are included in the product's net asset value; investors buying this LME stock indirectly receive "BTC price appreciation + staking rewards"; - Opened to professional investors in September 2025; Obtained FCA license in January 2026, opening trading to ordinary UK retail investors. 3. Core plays a role here: underlying technology service provider - providing Satoshi-P如果CPI前的下探都是在给同一批人上车，那么这次BTC回到支撑位就不是巧合，而是一次提前排好的剧本。 你注意到没有，最近四次CPI公布后，价格都选择了向上延续？ 我盯着这几次数据前后的节奏，感觉市场其实在交易一种"利空出尽"的惯性。每次数据前先扫一轮低点，把不坚定的仓位洗掉，然后公布后反而轻装上阵。这次BTC又一次贴着支撑站稳，情绪上大家还在喊75k，但喊得越整齐，我越觉得价格可能不会乖乖去那里接人。 偏多的逻辑很清晰：如果历史节奏重复，CPI就是一个现成的催化剂，支撑有效的话，目标可以看向前高甚至新高。ETH和SOL也会跟着风险偏好回暖，尤其是SOL这种高beta品种，往往在BTC确认方向后跑得更快。 但风险也要说清楚：支撑如果被明确跌破，这套判断就作废。而且市场可能已经提前计价了"CPI后上涨"这个预期，一旦数据只是符合预期，反而容易变成利好出尽。另一个容易被忽略的点是，资金偏好现在更偏向BTC主导，山寨的跟涨需要成交量配合，不然就是虚火。 我自己的节奏是，先看支撑能不能守住，再看数据公布后的第一根4小时线怎么收。如果放量收上去，说明买盘是真的；如果插针后缩量回落，那就要小心又是假Is $SOXL at a low point now?
The price looks very low, but that doesn't necessarily mean it's the bottom.
To judge whether it's the bottom, you can't just look at how much the price has dropped; you need to look at two core signals:
✅ U.S. Treasury yields stop rising and start to fall
✅ Heavy holdings like storage and Nvidia stabilize, with earnings reports and guidance not continuing to disappoint
As long as U.S. Treasury yields remain high, even if this is a temporary low point, it's likely just a consolidation phase, making it difficult to start a big rally directly.
Even if there is a rebound, treat it primarily as a corrective bounce, not as the start of a new bull market.
This crash is due to macro interest rates killing valuations + negative news in the storage sector, compounded by 3x leverage amplifying losses. The price looks cheap, but bottom-fishing leveraged ETFs carries huge risks. The bottom is formed by a process, not just by falling prices. #USCPI unexpectedly rose to 3.7%, and tonight PPI faces another test $ZEC
I don't dare to buy in; 1120 was directly smashed through, with a low down to 1070
Brothers, I've been watching ZEC's trend for a while, and my advice is simple: don't reach out. It held at 1120 for a long time, and many thought it was the bottom, but this wave smashed right through it, hitting a low of 1070. Look at those big bearish candles with huge volume—it shows it's not a slow decline but bulls giving up one after another, forced liquidations triggering a chain reaction. Whoever is slow to exit gets buried. This kind of stampede-style drop means the bottom isn't something you can just guess.
I checked around, and $BTC and $ETH are also dropping simultaneously, indicating it's not just ZEC's problem but the whole market releasing risk. At times like this, trying to bottom-fish a single coin is going against the market.
Technically, without going into jargon, 1120 was a psychological bottom before. Now that it's broken, it becomes resistance above. If it rebounds back near 1120, there's a high chance people will sell because too many are trapped there.
My thinking is simple: I absolutely won't bottom-fish near 1112 now. I'll wait for a rebound near 1120; if it can't break through and starts turning down, that's where I'll short. Below, I'll first watch 1060, and if that breaks, then the 1000 round number.
#US CPI unexpectedly rose to 3.7%, and tonight PPI faces another test Hayes was still calling for a market rescue in the morning, but in the afternoon he went OTC to sweep through some altcoins.
Talking macro with his mouth, but buying old DeFi faces like AERO and PENDLE with his hands.
I can only take celebrity buys as a reference; his cost and position size are in a different league from retail investors.
He can afford to wait three months, but many people can't wait even three days.
$PENDLE #South Korean stocks fell nearly 8% intraday, global tech stocks collectively under pressure $SAMSUNG
Circuit breakers have already triggered 10 times this year.
▪️ On 10/15 at 11:24 AM, KOSPI dropped over 8%, triggering a circuit breaker and pausing trading for 20 minutes, marking the 10th time this year
▪️ Intraday reported at 5,529.61 points, down 7.97%; KOSDAQ 150 down 8.83%
▪️ Samsung Electronics −10%, SK Hynix −11%, Hanmi Semiconductor −10%
▪️ Nikkei 225 down 5%; Kioxia −12%, Advantest −14%
▪️ The trigger was attributed to the US CPI overnight exceeding expectations, with the probability of a rate hike in October rising to 43.7%
The disagreement is not about how much it fell this time, but that a tool meant to prevent panic has become routine.
Circuit breakers limit speed, not the magnitude of the drop — the same drop completed in one day does not trigger it, but if it happens within half an hour, it does. The 10th time this year indicates an increase in volatility frequency. The decline is not limited to Korean stocks: semiconductors in Japan and the US also fell simultaneously during the same period.
The direction is to wait and see — stability is only confirmed when the interval between circuit breakers lengthens and foreign net selling turns positive; if the frequency continues to increase, the volatility center will still be rising.#TSMC Q3 Net Profit Exceeds Expectations, Profit Hits Record High The AI industry chain's performance is still growing, but the market is starting to pay more attention: How long can this round of AI investment really last? On October 15, TSMC announced its Q3 2026 results, with net profit reaching NT$763.1 billion, a year-on-year increase of about 69%, exceeding the market expectation of NT$746.3 billion, setting a new quarterly profit record. This is also TSMC's sixth consecutive quarter of record-breaking profits. Q3 revenue was about NT$1.494 trillion, up approximately 51% year-on-year. This financial report sends three important signals. First, AI computing power demand remains strong. Major customers like Nvidia and Apple continue to require advanced process chips; AI servers and data center construction remain key drivers of TSMC's performance growth. TSMC's results indicate that AI demand has not visibly cooled on the performance side. Second, advanced process technology remains the core competitive advantage. TSMC benefits not only from chip demand growth but also from the technical barriers of advanced processes and advanced packaging. However, as the 2nm process gradually scales up, gross margins may be affected by initial costs, and it will be necessary to observe whether the new process can successfully translate into profits. Third, good performance does not necessarily mean the stock price will rise. The current market concerns are not only about whether AI demand exists but also whether companies can continue to bear high capital expenditures and whether future revenues can cover the increasing investments. TSMC remains cautious about the outlook for 2027, while the US AI stock sector is also affected by rising interest rates and financing pressures. There’s another big move at 8:30 tonight, PPI
After last night’s CPI surprise at 3.7%, the market hasn’t caught a breath today. Bitcoin at 80168, just one step away from 80,000.
Ethereum at 2315, down nearly 10% in three days.
ZEC is even worse, at 1080, dropping from 1695 to 1080 within a week, nearly a 40% decline.
No need to even look at liquidations; this week’s 1.19 billion list just got digested, and waves keep coming these past two days. Bulls just got buried, and those trying to catch the bottom are getting buried again. This market now specifically targets the fast movers.
Why is tonight’s PPI so critical?
CPI and PPI are conjoined twins, one upstream and one downstream. CPI exceeding expectations means costs have already passed from factories to shelves.
If PPI also exceeds expectations, it means the next round of CPI will still rise, confirming the 50 basis point rate hike priced in for December.
My view remains the same: the first dip in a downtrend isn’t the bottom, and the second dip might not be either. Today’s 80168 dip is the second probe of 80,000, a bit more solid than the first, but as long as PPI hasn’t landed, any dip is temporary.
Once the data lands, watch if Bitcoin holds 80,000. If it holds, this week’s dip is over. If not, 78,000 is next.
$ZEC
What do you think, will tonight’s PPI cause another shock, or give the market a breather?
#USCPI exceeds expectations to 3.7%, tonight’s PPI faces another test $BTC $ETH From the risk premium perspective, distinguish between low-risk mainstream markets and high Beta sector markets.
When market risk appetite is high, capital is willing to speculate on high-volatility sectors; when risk appetite contracts, capital flows back to core assets like BTC and ETH for hedging.
BTC reflects capital's hedging willingness, ETH measures market risk premium. Layered screening: when risk premium rises, high Beta assets experience much larger drawdowns than mainstream ones.
Tracked assets list:
🟠BTC｜Benchmark for hedging assets
🔵ETH｜Gauge for risk premium
🟣SOL｜High Beta public chain
🟢AVAX｜Ecosystem public chain
🔷INJ｜On-chain finance
Key focus on the relative strength of BTC and ETH:
When risk appetite rises, ETH/BTC rises, and high Beta assets like $SOL and AVAX show greater elasticity; when risk appetite falls, capital flows back to BTC, and high Beta sectors experience significant drawdowns. Bitcoin needs to return to 86000; what's missing is not time, but a catalyst. The current price is about $80,985. 86000 is not a price issue, it's a confidence issue.
Why is 86000 so strong? This is the average cost zone for investors who entered in the past two years. The cost for holders of 6-12 months is about 88000, and for holders of 1-2 years, it's close to 100000. Every rebound near 86000 triggers selling to break even. Glassnode clearly lists 88000 and 100000 as major resistance levels above.
What conditions could push it back? It's not a technical pattern, but a macro shift. Currently, CPI is exceeding expectations, and market concerns about a Fed rate hike in October have dropped from 50% to about 20% probability. Hawkish expectations are suppressing all risk assets. KCM Trade analysts point out that weaker-than-expected inflation data is needed to reduce the likelihood of further tightening; this is the real short-term catalyst for an upward move.
On-chain data offers hope. Whale holdings have risen to 3.03 million BTC, with a 30-day growth rate the fastest since February this year. ETFs are selling, but large holders are buying. This signals a shift of chips from weak hands to strong hands, but until this turnover is complete, the price will struggle to effectively break through 86000.
The next observation point is very specific: this week's CPI and PPI data, as well as the FOMC meeting minutes. If inflation data unexpectedly weakens, a test of 86000 could come soon; if it remains strong, the 400-day moving average support at 80000 will face a real stress test.
$BTC 今早这一记向下的插针，狠狠带走了一大批高杠杆多头。
这一次震动之中，最出圈的就是大家熟知的麻吉大哥 除了他之外，链上还监测到一位巨鲸，手握价值3.52亿的ETH多单。当下浮亏已经接近1900万，距离清算线仅仅只差60美元，价格再往下轻轻踩一脚，就会迎来爆破时刻。
一幕幕惊心动魄的清算，时时刻刻都在提醒所有人：杠杆可以制造奇迹，也可以一瞬间抹平一切。但是抛开情绪，我们理性看待这一根长下影。
虽然这一针杀伤力十足，却未必是纯粹的坏事。
从盘面来看，这已经是BTC第三次回踩81000附近的支撑区间。一个值得留意的信号：每一次下跌，引发的恐慌性砸盘规模正在逐步递减。
这说明无脑恐慌出逃的筹码变少了，此刻离场的，大多是心里摇摆、扛不住震荡的浮动筹码。市场正在用剧烈的震荡，完成一轮痛苦的洗筹过程。
再看宏观层面：美国通胀数据超预期，依然持续压制着全球风险资产的估值，大环境的压力还没有完全解除。
不过，加密市场反复去触碰底部支撑、反复去测试底线的行为，从技术逻辑来讲，就是低位磨底的典型特征。别只记着麻吉大哥是巨鲸了，这十天他塌得只剩一句叹息。账本摊开就三件事实：一，亏得多——总亏损3657.25万美元，近7天又添443.56万，账户总资产只剩27.98万。二，单子重——2100枚ETH全仓多，价值507.44万，25倍全仓（账户显示36.17倍），开仓均价2515.81，当前浮亏20.89万，累计资金费烧了136.27万。三，退路断——爆仓价2397.51，可用保证金0。三条摞一起是什么概念？兜里剩不到28万，手里攥着507万的仓位，保证金清零，离爆仓价只差一根插针的距离，想补都没子弹。十天，巨鲸熬成小鱼。杠杆这东西，喂饱你的时候有多爽，收账的时候就有多狠。所以别盯着巨鲸去抄底了，合约里能活得久的，从来是管住仓位的人。存储三兄弟也是跌懵了，美光跌7.4%，闪迪跌7.8%，海力士直接崩了12.8%，费城半导体指数也六连跌了
但价格跌不是最吓人的，多空比才离谱，$MU 4.88，$SNDK 5.01，$SKHYNIX 5.91，一个比一个极端，持仓量还都在涨，美光从3300万冲到3800万，闪迪从7000万干到1.1亿，海力士从4000万翻到8400万。这说明什么？多头越跌越买，死扛着不跑
基本面其实没崩，HBM订单还在，长协也还在。但现在的问题不是基本面，是筹码结构太挤了，今天跌这么多，多头还没认输，这本身就是风险。先让子弹飞一会儿，等清算数据不再爆表，盘面波动收窄了，再考虑要不要用一点点仓位去试
下方关键位：美光看850，破了看800；闪迪看1300，破了看1250；海力士看900，破了看850
你们觉得存储这波是回调还是转熊？
#韩股盘中跌近8%，全球科技股集体承压
#美光暴跌后：是底部还是半山腰？
#HBM4量产能否推动SK海力士盈利再创新高？ AI computing power demand has shifted from being "expected" to a quantifiable, structural source of revenue, and the rapid commercialization of 2nm technology has further widened the technological gap with competitors. The real test is not on the demand side—where there is virtually no ceiling—but whether TSMC can maintain its profit margin floor while simultaneously advancing 2nm capacity expansion, overseas factory construction, and next-generation process development. The current gross margin level of 66.4% remains absolutely leading in the global semiconductor manufacturing sector, but the trend of sequential narrowing is worth continuous monitoring. #TSMC Q3 net profit exceeds expectations, profits hit record high 📊 Storage Giants Plunge | SanDisk, SK Hynix: Is It a Valuation or Fundamentals Crash?
Brothers, the storage sector was bloodied overnight. In one sentence: South Korea triggered a circuit breaker, SanDisk broke key support, but fundamentals and stock prices are at odds.
Let's look at the data first——
Ticker Latest Price 24H Drop Key Level
SanDisk SNDK $1,403.34 -5.33% Continued to fall to $1,339 in after-hours
SK Hynix (Korean stock) ₩1,277,000 -10.01% Intraday drop exceeded 12%
KOSPI Index 5,554.22 -7.57% Triggered the 10th circuit breaker of the year
SanDisk slid from $1,787 at the beginning of October to $1,403, a decline of over 20% in two weeks. SK Hynix fared worse, with intraday losses expanding to 12%, hitting the lowest price since April 27, forcing the Korea Exchange to halt trading for 20 minutes.
Why did this happen?
The trigger was the US CPI exceeding expectations overnight, with high interest rate expectations suppressing all high-valuation assets. But the storage sector fell harder than other tech stocks due to an additional reason: prior leveraged positions being liquidated. Hedge funds' leveraged positions on Korean memory chips were forced into cascading liquidations, and retail investors' double-leveraged single-stock ETFs were simultaneously liquidated, mechanically amplifying the selling pressure.
But here a key divergence appears.
On October 14, Samsung Securities just released a report with a core view in one sentence: "The stock price decline excessively reflects profit concerns." They maintain a buy rating on Samsung and SK Hynix, reasoning that HBM production occupies existing capacity, new production lines require time, and the current profit cycle in the memory industry will last longer than before. "Peak margin does not equal peak profit," so the stock price drop is a valuation cut, not a fundamentals cut.
Data from the NAND side also supports this logic. Although the 512Gb NAND trade price fell to $0.30/Gb, this is due to a severe inversion between trade prices and official factory prices. Consumer-grade NAND contract prices are actually rising—about $0.33 per Gb, up 30% to 40% quarter-over-quarter. Manufacturers prioritize advanced capacity for HBM and server DRAM, systematically squeezing supply of consumer-grade NAND.
So the current situation is: stock prices are trading on "the AI bubble is bursting," but industry data says "capacity is insufficient and structural."
🎯 Trading strategy, key points:
SanDisk: $1,400 is the current dividing line between bulls and bears. After-hours already touched $1,339; if this level does not hold on the daily close, the next support is $1,250-$1,280. But note—this round of SanDisk's decline follows the sector's valuation cut, not its own performance issues. If the storage sector sentiment stabilizes later, SanDisk's rebound elasticity will be greater than the broader market. Do not short below $1,400.
SK Hynix: Korean stock sentiment is extreme; the first trading day after a circuit breaker often has aftershocks. But Samsung Securities' "buy" rating is not given lightly; institutions are starting to turn bullish at this level. Don't cut losses in panic after the circuit breaker, nor rush to bottom fish; wait until Korean stock trading volume normalizes.
Overall judgment: The storage sector is currently "macroeconomic sentiment suppressing fundamentals." CPI and interest rate expectations are short-term dominant variables; the long-term demand logic for HBM and AI data centers remains intact. Keep positions below half and hold bullets for sentiment clearance.
📌 The above does not constitute investment advice. Leverage carries risks; don't bet on direction during circuit breakers. TSMC's revenue has already exceeded expectations, so what is the Thursday earnings call really about?
TSMC's Q3 revenue was actually announced early, about $46.7 billion, higher than the company's own forecast of $44.6 to $45.8 billion. The Thursday earnings call isn't about revenue, but about the costs behind that revenue.
closed at $485.80 on 10/6, with this year's high at $487.47; the latest available close is $472.20 on 10/8.
#DailyOrbit