Orbit: Crypto Community Feed
If everyone losing money just wants to vent their anger at me, then I welcome it, because I know the market these days, whether it's trading in the crypto circle $BTC or doing tradefi $SNDK, the number of people liquidated is countless.
I am willing to be the outlet for everyone's sadness. If coming here to listen to my comfort and my rambling can rekindle your confidence in the market and trading, I will tirelessly do these things.
I deeply understand how everyone feels tortured by the market these days. $BTC jumping back and forth by five thousand points, for those with high leverage and heavy positions, they might just be hanging by a thread now. I completely understand them; we are all in the same boat.
As I said before, through round after round of damage, my tears have long since dried up! I don't know if this is good or bad, but I have exhausted my bullets early and thus luckily avoided this terrifying crash from the global market!
But many people are different. Besides exhausting their savings, they may also be in debt, just for a chance to win a bet. You can say they are reckless, but never stand on a moral high ground to condemn them; they are already shattered.
Life is inherently a gamble—whether you can get into a good university, whether you will have a good job in the future, whether you will have a partner to share life with. It's just that our obsessions have made us, and perhaps also destroyed us!
Crying also takes strength, and I am already too exhausted to cry anymore!
#美国10月非农超预期，12月加息押注升温
Tech stocks rebounded in the US stock market, but the Nasdaq weekly chart still fell about 3.4%. Do you think this rebound can hold?
ETH current price is around 2247, up about 0.7% in 24h, with a high of 2254 and a low of 2210. The volume isn't large, at 205 million.
The 15-minute chart is just grinding around 2246 (MA20), very frustrating. The 1-hour chart is above 2239 (MA20). The 4-hour chart is still suppressed below 2303 (MA20), and the daily chart is even further below 2333 (MA20).
If it stabilizes above 2254, watch for another candle; a small long position in the ant position is okay. If it breaks below 2239, take a break and don't chase.
This is my personal opinion, not a trade call.
$ETH #美股暴跌后科技股反弹，纳指周线仍跌约3.4%
A textbook M-top pattern, the bulls' last line of defense is about to break. $SNDK $BTC $ETH
From a violent surge at 689 to 2373, followed by a cliff-like plunge, the bulls desperately tried to save themselves around 1800, but were still crushed by the bears, triggering another fierce waterfall drop.
Now the price has fallen to 843, dangerously close to the previous starting point of the rise, which is the horizontal support level at the bottom of the chart. This is a very sensitive dividing line between bulls and bears. Once effectively broken by the bears, the entire M-top formation is confirmed, and what follows is a bottomless pit.
The strategy is to balance defense and opportunistic plays.
Bulls can lightly try to go long around 830 to 840, gambling on a double bottom pattern. If it stabilizes here and forms a V-shaped reversal, the short-term target is 900 to 950.
For bears, if the price breaks below 830 with volume, do not catch the falling knife; it will likely trigger a new round of panic selling. Follow the trend to short and target lower support levels.
Regardless of bullish or bearish positions, stop-loss must be strictly set below 820. Exit immediately with a loss if broken. #美国10月非农超预期，12月加息押注升温
Main focus $ETH | Strategy Long
Let's be clear first, direction locked
A position long on $ETH, leverage capped at 8x. At the current price of 2,244, place a base order first; if it pulls back to support at 2,205, add to the position—that's the shadow low on 11/05, those who got hit won't want to step on it a second time. Stop loss uniformly set below a deep pullback at 2,161, target first stop 2,347, second stop 2,425. Reason in brief: after $ETH was pushed down from a high of 2,450, it consolidated around 2,240 for two days, funding rate +0.007% still has longs paying shorts, this trend is like that annoying Apple weather issue—data looks scary but it's just sideways consolidation.
The chart lays out the script
Chart analysis: the descending pressure line from 2,450 (11/04 swing high) down to 2,253 (11/06), $ETH is stuck in a narrow band below the pressure line and above support at 2,205, grinding sideways. MA5 at 2,283 is pressing down with no volume, indicating a low-volume pullback. The last close at 2,244 stands back above MA3 at 2,240, the 7-day range is 2,205-2,450, hugging the lower edge of the box. The scenario given is a rebound: T1 2,347, T2 2,425, deep pullback at 2,161 is the last gate. As long as 2,205 doesn't break, this rebound remains valid, don't rush to chase the highs.
$BTC
In the bear-to-bull transition phase, the market is always discontinuous, and there are many unexpected issues, all bad ones.
Entered some long positions again at places with a high profit-loss ratio.
So far, this year's bull market has completely replicated the early 2023 bull market trend. The 8 months of consolidation in early 2023 left a deep impression. Back then, the capital wasn't very large, and I always wanted to catch every market fluctuation, which tortured me for 8 months.
Hope this time is different (but actually, it's pretty much the same every time)
Brothers, focus on $HYPE!
With the midterm elections approaching, Hyperliquid risks are heating up. If the Democrats take Congress, it is highly likely to become a key investigation target.
Not an outright ban, but legislative regulation, scrutinizing high-leverage perpetuals, US stock perpetuals, US user access, and HYPE token buybacks.
The Bloomberg interview signals this clearly. Jeff changed into a suit to connect with Wall Street and cooperate with ICE, essentially to hedge in advance. Using ICE's compliance channel to separate the business reduces the risk of heavy US regulatory crackdown, but the cost is soaring compliance expenses.
Now is not the moment of outbreak; it's the market pricing in risk ahead of time. HYPE's volatility will increase. To track regulatory news and market operations simultaneously, visit the homepage Research Club.
#美国10月非农超预期，12月加息押注升温
Non-farm payrolls exceeded expectations, crypto holds support levels, whales buy 8,775 ETH against the trend
#美国10月非农超预期，12月加息押注升温
Yesterday's non-farm data surpassed expectations, with the probability of a December rate hike soaring above 70%. Normally, crypto should face downward pressure. However, after a brief dip, it quickly rebounded and entered consolidation. BTC held 75K, ETH held 2220, and whales increased their holdings by 8,775 ETH here after 5 months, with total holdings reaching 23,000 ETH.
My judgment is that macro pressure truly exists now, but the choices of smart money are more worth paying attention to.
Currently, it looks more like a "washout after bad news is fully priced in" rather than a trend reversal.
Whales adding positions indicates they value the longer-term cycle rather than short-term macro disturbances.
Going forward, the market will most likely continue to consolidate, with limited short-term downside and a long-term bullish outlook. This phase is suitable for building positions in batches or opening light long positions.
My basis:
First, the previous AI stock crash triggered over $1 billion in long liquidations, with leverage mostly cleared and selling pressure reduced;
Second, the market has partially digested rate hike expectations, with strong short-term support formed around 75K/2220;
Third, on-chain funds have not panicked and fled, but rather appeared to be bottom-fishing.
Trading advice:
$BTC can be tried long in the 74.8K-75K range; $ETH can be tried long in small batches in the 2200-2240 range, with strict stop-loss set 3%-5% below support. If 75K/2200 is effectively broken, it is best to wait and observe for a second confirmation before acting.
