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ETH没有统一的“鲸鱼标准”，不同平台门槛不一样，和BTC（≥1000 BTC）口径区分开： 圈内最常用两套划分（Santiment / Glassnode） 1. 超级巨鲸：≥100,000 ETH 地址数量很少，几十到六十多个。 ⚠️ 这里面大头是：信标链质押合约、交易所托管钱包、ETF托管地址，真正个人大户极少。 2. 标准巨鲸：≥10,000 ETH（大家盯得最多一档） 大概 800～1100 个地址，这一档才是平时说的、会主动买卖影响行情的巨鲸，包含基金、大户、机构自托管钱包。 3. 大户/鲨鱼档：≥1,000 ETH 这个口径数量就多很多，几千个地址，很多是中型基金、质押服务商、DeFi国库。 最重要的误区（和BTC一样） 地址 ≠ 真实独立的人 - 信标链存款合约、Lido、Coinbase质押池、各大交易所冷钱包，全部会被统计进巨鲸地址； - 一个大户可以拆分几十个钱包；一个钱包里面是几万散户的钱（托管）。 所以链上只能数钱包地址，没法精确算出真实有多少个独立“人”是鲸鱼 。 简单对比你刚才问的BTC - BTC巨鲸标准：≥1000 BTC，CORE属于小市值山寨币，没有行业统一的鲸鱼标准（不像BTC固定≥1000 BTC、ETH常用≥10000 ETH），一般圈内跟踪CORE常用两套门槛（Nansen / Lookonchain）： 1. CORE巨鲸（能砸动盘面）：≥100万 CORE 2. 大户/鲨鱼档：10万～100万 CORE 核心特点（和BTC、ETH最大区别） 1. 筹码集中度极高 前几名钱包包含：Core DAO国库、团队/投资人锁仓合约、质押合约、交易所冷钱包。前10个地址持有流通占比很高，这也是CORE波动远大于BTC/ETH的根本原因。 2. 没有一个固定不变的官方数字 - ≥100万CORE这一档：实时地址数量通常几十枚（动态变化，解锁、质押、转账都会变） - ≥10万CORE（大户）：几百个地址 很多地址是质押合约、基金会国库、交易所储备，并不是个人大户。真正可以自由砸盘、主动交易的独立巨鲸，数量比地址数少很多。 3. 数据痛点： CORE的链上统计没有BTC、ETH成熟，Santiment、Glassnode不会像大饼以太那样给稳定的巨鲸专题统计，只能在Core Scan#Institutional funds weaken, which will see BTC or ETH inflow first?
In this round, BTC weakened in October mainly because ETF outflows were concentrated in a single BlackRock product, exaggerating the narrative of institutional withdrawal.
On one hand, corporate treasuries have significantly slowed their accumulation, risky companies no longer continue large-scale buying, and the US spot Bitcoin ETF has shifted from inflows to net outflows, reducing institutional allocation demand.
With both major supports weakening simultaneously, there is not enough capital to absorb the selling pressure from long-term holders. Coupled with a weaker US dollar and deteriorating liquidity, BTC price naturally comes under pressure.
$BTC $ETH $ZEC 狗狗币（DOGE）鲸鱼（巨鲸）划分标准（市场通用口径） - 🐬海豚：100万～1000万 DOGE - 🦈鲨鱼：1000万～1亿 DOGE - 🐳鲸鱼：≥1亿 DOGE（能明显带动行情） - 🦑超级巨鲸：≥10亿 DOGE（机构/交易所级别） 数量与筹码情况 按Santiment统计：持仓≥1亿DOGE的钱包大约 140多个，这批地址合计持有超1080亿DOGE，筹码集中度远高于BTC、ETH。 重点大坑：链上rich list第一名不是某个大佬，是Robinhood的托管冷钱包（约272亿DOGE，接近流通盘17.5%），里面是几十万散户的币，不是一个人的；第二名Upbit、第三名Binance，也都是交易所托管钱包，属于用户资产托管，不是私人巨鲸。 早年那个传说持有接近30%DOGE的超级地址，在2021年底已经拆分，不是单一大户了。 特点（对比BTC/ETH鲸鱼） 1. DOGE是meme币，盘子流动性更薄，真正私人巨鲸一笔大额转出/砸盘，行情波动会比BTC、ETH猛烈得多，很容易带崩情绪、触发连锁爆仓 2. 筹码高度集中：前10大地址合计占流通盘$ZEC Although ZEC's rebound is very strong this time, I still remain bearish and choose to short at this high point.
Currently, the price is stuck in the 1180-1190 range, which happens to be the upper resistance of the descending channel.
As long as it cannot break through this level with volume and hold steady, this rally is just a rebound correction during the downtrend, not a reversal.
The channel pattern has not been broken, the resistance above is heavy, and the bulls' sustainability is doubtful. If it turns down under pressure, it will most likely continue to test the 1130-1000 range later. Netflix will release its Q3 earnings after the market closes on Tuesday. The stock has dropped the day after the last four earnings reports, so I won’t touch it before this earnings.
The company guided revenue of $12.86 billion and EPS of 0.82, with market expectations almost matching the guidance.
Last week, it laid off about 1,000 employees, roughly 6% of its workforce, and also replaced its Chief Content Officer.
The results will be released around 4 a.m. Beijing time on Wednesday, followed by Tesla after the U.S. market closes on Wednesday.
The stock closed at 70.53 last Friday, down about 25% year-to-date, hitting a low of 65.08 after the July earnings.
The stock performance the day after the last four earnings reports was: -10.1%, -2.2%, -9.7%, and -7.3%.
I think just meeting guidance isn’t enough this time; the real focus is whether North American growth has stopped, and the implied Q4 in the full-year guidance.
The layoffs and change of the content head basically mean management is admitting growth has slowed, and when they report now, the market tends to pick faults first.
My plan: no directional bets before earnings, wait for the results.
If the stock stands back above 75 (around the 50-day moving average) after earnings, it means the market accepts it, and my cautious judgment would be wrong; if it falls below 65.08, a new low for the year, then I’ll keep waiting and won’t buy.
What’s your bet this time: will it finally rise, or will it drop for the fifth consecutive time?
$NFLX $TSLA
#NetflixGrowthMaySlow, advertising business becomes a new focus 今早韩股这开盘，确实够吓人。KOSPI直接低开3.17%，报5488点，$SAMSUNG 三星跌超3%、$SKHYNIX 海力士跌超4%，随后又快速拉回，目前跌幅收窄到1%左右。
这波砸盘，核心就一条链：美股AI芯片连续回调 → 市场开始怀疑AI基建的融资回报率 → 韩国存储双雄首当其冲。
再往深了看，韩国股市本身结构就很脆弱——三星+海力士两家占了KOSPI近一半权重，外资一撤、杠杆一爆，指数就被放大式砸穿。再加上中国存储厂技术追赶的预期在发酵，"垄断溢价"正在被重新定价。
目前 短期还是情绪主导，存储基本面没坏，但估值和资金面都在挤泡沫。这种行情下，别急着抄底，等企稳信号出来再动。ZEC liquidated again and again and again❗️❗️
Today I opened 8 ZEC positions, and all 8 got liquidated❗️
$ZEC
The real reasons behind this one-sided surge in ZEC:
1. Rotation and hype in the privacy coin sector. Recently, market funds don’t want to just stubbornly focus on Bitcoin and Ethereum large caps; they started digging into small-cap thematic coins. ZEC is a veteran privacy coin, and the Grayscale ETF expectation has been lingering, so funds use this story to pump the price.
2. The previous low at 1048.53 was quickly pushed up, representing short-term concentrated capital inflow with volume expansion, quickly triggering all short stop losses, causing a short squeeze rally and an independent trend that didn’t fully follow the BTC market.
3. Short-term bullish momentum is strong, short-term news heat rises, retail investors follow the trend to buy, further pushing the price up.
Next trend (personal prediction):
• Short term: It has already hit resistance above, up 9.3%, so there is a need for a short-term pullback to digest.
Strong support is around 1130; if it holds at this level on a pullback, funds are still willing to buy in, and there’s a chance to continue testing higher;
If funds take profits and run, breaking below 1130, it will quickly fall back, giving up this gain.
• Key point: ZEC has a small market cap and poor liquidity, so its price swings are very extreme. In this kind of independent trend, the rise is fierce, but once the hype fades, the dump speed will be much faster than BTC or Ethereum.
• Risk point: If the Bitcoin market suddenly weakens, the hype around privacy coins will directly extinguish, and ZEC can easily plunge rapidly.
#ZEC再创新高，估值重估受关注
#ZEC跻身前十，机构化进程提速 📂 20U Real Account Record 108
💰 Principal: 20U
📈 Profit on this trade: Floating profit
✅ Total accumulated profit: About +170U
💎 Current total funds: About 190U
📌 Current position: $SOL Long
Closed the short position on ONE and reversed to open a long position on SOL.
The logic for closing ONE is simple: The chain was shut down, TVL crashed from 1 billion to 150,000, tokens migrated to Ethereum as ERC-20, and practical value dropped to zero. Holding the short position until now, no fundamental reversal signals appeared, so it’s time to exit.
Why switch to long SOL? Three reasons.
1. The Alpenglow upgrade is the day after tomorrow (October 21). The final confirmation time is compressed from 12.8 seconds to 150 milliseconds, an improvement of about 85 times. The new consensus Votor replaces TowerBFT, marking the biggest consensus layer upgrade since Solana went live on the public network, targeting high-frequency trading, institutional settlement, and AI agent economy. The upgrade itself is a clear catalyst window.
2. Q3 fundamentals are improving. Application revenue grew 48% quarter-over-quarter to $299.1 million, a new high since Q3 2025. Tokenized stock quarterly trading volume hit a record $7.1 billion, with $4.4 billion in September alone. Spot DEX trading volume reached 197.2 billion, accounting for 36% of cross-chain spot, maintaining above 30% for the ninth consecutive quarter.$ETH Did everyone have a good rest over the weekend? There was a rare volume surge on the weekend morning, with Ethereum dipping to 2315 in the early hours, a crisis erupting in the Korean stock market, and huge volume over the weekend.
Looking at the consolidation and recovery from the 2315 level back to 2400, there is still support from funds currently; after the breakdown and sharp drop, the downward momentum is insufficient, so there shouldn't be a significant decline in the short term.
Considering the sharp drop in the US stock market with no pullback, the situation is likely worse than we imagined. This morning, tech stocks suffered another 5%+ hit. If Korean stocks like koru cannot rebound from the danger zone at Monday's open, it could trigger a new round of long position liquidations (koru has over $50 million in long positions around the 10 price level).
The collapse of the Korean stock market signals something similar to the 2008 avalanche. Back then, the Korean market dropped over 80% in a week; it has already fallen 60% now!
#USCPIandPPIExceedExpectations #WillThereBeMoreRateHikesThisYear? #DailyOrbit Short position floating profit 140% does not mean the direction was right
Two short positions, one opened at 1.5, the other at 86,000.
Both are currently profitable.
Where does this money come from: 10x full margin, floating profit is calculated based on the difference between the opening price and the current price.
The price hasn't reversed, that's why the numbers look so good.
How is this number calculated: margin rate 6404%, indicating the money held in the account far exceeds the maintenance requirement.
Working backward, floating profit is just on paper; it only counts when closed.
The real challenge is not opening shorts, but not manually closing when the price rebounds.
Holding on depends on having extra funds in the account.
Only when these two positions are actually closed does it count.
#Institutional funds weaken, which will BTC or ETH see inflows first?
#$BTC #Netflix growth may slow, advertising business becomes new focus The entire market is falling, but only privacy coins are rising: XMR is quite interesting this round.
Closing on October 18: BTC $81,989 only rose 0.8%, ETH, SOL, XRP, BNB all started the past week down by at least -3%.
Only XMR: +4.2% that day, closing at $598.12, +11.9% over 7 days, the only one in the top 30 to outperform.
Clean rise: perpetual funding rate only 0.0071%, open interest $110 million—spot-led, not heavily leveraged.
News: Peter Brandt publicly called XMR his "favorite chart," and the price directly broke above $600 that day; on October 5, FinCEN withdrew two regulatory proposals on mixers and non-custodial wallets, a regulatory tailwind.
But some cold water must be poured: momentum reading 81.72, leaving no room for hesitation; it also broke $600 in January, and the September pullback showed how fast it can fall; many major exchanges don’t list it, so liquidity tightens and amplifies moves both ways.
My view: the rotation logic is real (spot-led + regulatory tailwind + funds flowing out of mainstream coins), but the current position is only suitable for observation, not chasing or bottom-fishing.
Invalidation level: if XMR falls below the $545–$550 support zone, or funding rate turns negative, or spot volume turns bearish—any of these will invalidate the rotation logic.
Do you think the privacy sector can turn this round into a trend
$ZEC $BTC The CEO of Strive, a US-listed company, publicly stated:
Permanently short the US dollar and long Bitcoin!
He presented three sets of data proving that gold has consistently outperformed money printing (currency depreciation).
From 1970 to now: gold 9.0%, M2 is 6.7%.
From 2008 to now: 9.5% vs. 6.3%.
From 2020 to now: 18.3% vs. 6.5%.
In other words, based on 55 years of data, currency depreciation is irreversible, and the excess returns of scarce assets relative to the US dollar will continue to accelerate. His complete logical chain is as follows:
Step 1: Currency depreciation is irreversible.
Step 2: Therefore, scarce assets must outperform — gold has proven this over fifty-five years.
Step 3: Bitcoin is better than gold.
Step 4: So, permanently go long $BTC.
Step 5: To achieve this, leverage through financing is necessary.
Step 6: The leverage ratio is the decisive factor in outperforming Bitcoin, not the cost of capital, so financing cost is not important.
The core conclusion is: once you truly understand the core principles of Bitcoin standard, it becomes crystal clear to maximize and permanently short the US dollar and long Bitcoin.
#BitcoinBreaks82K Explosive! Even with fireworks blazing, it can't fill the cash flow hole—I'm betting on a "crash" for SpaceX's earnings report!
After the U.S. market closes on October 20, SpaceX will release its first full Q3 earnings report since going public. The market was just ignited by the "flying Roadster," with sentiment at a high, but my prediction for the betting odds is cold-blooded: buy Yes.
Don't get me wrong, flying cars are cool, but that's Tesla's narrative, not SpaceX's profit statement. Yet the capital market has already valued SpaceX at a price-to-sales ratio once exceeding 100 times. The problem is, looking back at the old accounts: Starlink is the only consistently profitable segment, Starship is still burning through R&D expenses, with quarterly EBITDA losses exceeding 100 million; and behind new stories like AI computing power, quarterly capital expenditures are expected to reach as high as $19.3 billion, with free cash flow potentially suffering over $10 billion in consumption.
The market expects Q3 revenue between $12.9 billion and $13.8 billion. At this stage of massive investment, achieving both high revenue growth and significant profit improvement is as difficult as making a rocket save money while flying.
Concept-driven momentum might push the stock price before the market opens, but fireworks of sentiment fear hard-core cash flow the most. As long as the earnings report shows even slightly conservative numbers on Starship progress or AI computing monetization, or operating losses exceed expectations, the pressure to pull back will immediately surface.
So I won't chase this wave of hype. A hundredfold price-to-sales ratio relies not on fireworks, but on solid financial realization. This time, I'm betting Yes. #SpaceXFirstFullQuarterlyReportSinceIPOWillBeRevealed $SPCX If even 1,000 U can be swept back and forth within a few days, then the problem is mostly not the market but the position size and timing. Have you ever had moments when you clearly saw the right direction but were forced out by volatility first? Reviewing my records these past two days, I saw two position screenshots and felt a slight tightening in my chest. BTC was repeatedly tugged within a range, and I used nearly full position to hold high-leverage contracts. Stop losses were triggered again and again, and my principal was slowly drained bit by bit, losing over 1,000 U in a few days. The most painful part wasn’t losing money, but that the market never really broke out of a major trend, just oscillated sideways, and I was already worn out with no strength to fight back. 🫧 This experience made me rethink sideways markets. When the direction is unclear, prices move back and forth, seemingly offering many opportunities, but in reality, it tests the leverage’s tolerance for error. High leverage amplifies normal noise into fatal swings; setting stop losses too tight gets triggered, too loose and you hesitate to act, ending up with emotional liquidation. What’s truly being tested is the tolerance for volatility, not the judgment of direction. There is also a somewhat bullish path: once BTC breaks out with volume above the range’s upper edge, sentiment quickly warms up, and altcoins’ elasticity returns. But the risk is that false breakouts and wicks often happen first, and high-leverage positions can’t wait for the real breakout. A more hidden layer is that continuous small losses make people rush to recover, increasing position sizes, and completely messing up the timing. My adjustment is: lower leverage, control single-trade risk to a level where I can sleep peacefully, reduce trading frequency during sideways periods, and save bullets for after trend confirmation. It’s not hard to see the right move; the hard part is surviving until that moment. ✨ What do you most want to change first now $152 million withdrawn from ETFs, don't rush to label institutions as "running away"
BTC spot ETFs saw a net outflow of $82.39 million, ETH spot ETFs have had outflows for three consecutive days, with a single-day outflow of $69.68 million. The numbers look alarming on the surface, but breaking down the structure, the outflows are mainly concentrated in a few products, more like portfolio rebalancing rather than a collective institutional retreat.
Focus on three key signals:
✅ BTC outflows are concentrated in a single product, which does not indicate an overall shift in risk appetite
✅ Although ETH ETFs have continuous outflows, the perpetual contract funding rate has not turned negative, and leveraged funds are not yet panicking
✅ $152 million is not large relative to the total ETF market, it just happens to fall at a point where sentiment shifts from optimistic to hesitant
This round of outflows looks more like a short-term expectation realization followed by consolidation, not a trend reversal. As long as derivative funding rates remain neutral and positions do not collapse sharply, it is a rhythm adjustment. If funding rates stabilize and ETFs see inflows later, risk appetite will recover, and after BTC stabilizes, ETH and altcoins will have rotation opportunities.
⚠️ Risk warning: If ETH outflows persist for multiple days and the perpetual funding rate turns negative, it indicates spot and leveraged funds are fleeing simultaneously, putting greater selling pressure on altcoins.
Trading approach: Do not blindly add positions due to single-day outflows, nor be scared into cutting losses by negative headlines. Keep a close eye on two core indicators: ETH perpetual funding rate and capital flow. The funding rate truly reflects market sentiment. $BTC $ETH 🔭 Three observation points, from the primary market to layer two
$SPCX 144.25, down 0.85 points, Observation Point One 🚀
SpaceX's first full quarterly financial report after listing is out, recalculating on-chain shares at 144. Previously, valuations relied on primary market rumors; now with official quarterly figures, launch costs, Starlink subscription revenue, and profits are compared item by item, waiting for the US stock market open to provide a real valuation anchor. Weekend prices are just placeholders.
$ENA 0.18554, down 1.94 points, Observation Point Two 🌬️
Ethena's USDe synthetic dollar distributes collateral yields to token holders. The protocol is among the top in scale, but the market has always been cautious about extreme de-pegging. The 0.185 decline follows the stablecoin concept retreat; the model is not rejected, only the valuation is suppressed, awaiting Circle's financial report to guide the stablecoin sector.
$CORE 0.01739, down 3.28 points, Observation Point Three 🟠
Core uses Bitcoin's security model as an anchor to run a DPoS public chain. Layer two competition is fierce with new chains emerging constantly. The 0.01739 price grinds slowly relying on its own ecosystem adoption. After funds return to BTC, it is left behind and cannot catch short-term sentiment.
This article is for market analysis only and does not constitute investment advice.
#SpaceX's first full quarterly financial report after listing will be revealed
The Realised Cap Liquidity Cycle chart by Checkonchain is a specialized on-chain data tool used to analyze Bitcoin (BTC) bull and bear cycle transitions and capital flow conditions.
1. Explanation of Chart Indicators
This chart is composed of multiple layered data dimensions:
1. Price (gray/black thin line) and bull/bear markers: The left axis represents BTC price (logarithmic scale). Green dots indicate a Bull Market, red dots indicate a Bear Market.
2. Realized Cap (orange line): The second right axis. It does not value BTC at the current latest transaction price but sums the valuation of each BTC (UTXO) based on the price at its last on-chain transfer (i.e., the actual cost basis of the holder). It reflects the total capital truly injected into the network, excluding lost coins and speculative bubbles.
3. Liquidity areas (blue/yellow/pink regions):
· Blue: 180-day liquidity (long-term capital inflow strength, not included in this analysis)
· Yellow: 90-day liquidity (mid-term capital inflow strength, not included in this analysis)
· Pink: 30-day liquidity (short-term capital inflow strength)
4. Liquidity Index (black thick line): The rightmost axis (0~1). Represents the current overall BTC network#Netflix growth may slow, advertising business becomes new focus Today is Monday, October 19, the same day and week as the 1987 "Black Monday." Someone on X shouted: Will history repeat itself?
On that day in 1987, the Dow dropped 22.6%, the S&P 20.5%, wiping out $500 billion, the largest single-day drop in history. Circuit breakers were added afterward: S&P pauses for 15 minutes at 7%/13% drops, and trading halts at 20%—which didn't exist in 1987.
Last week's background was tense: Nasdaq fell 4.5% for the week (worst since June), S&P down 1.9% closing at 7659; Brent crude broke $110, 10-year US Treasury yield at 5.1%, VIX reached 20. But Bitcoin didn't follow: it held at 81180 over the weekend, ranged 79700-84400 last week, with no panic selling.
My judgment: the market overestimates the predictive power of the "date coincidence." The fuel in 1987 was programmatic stampede and panic self-fulfillment, now locked down by circuit breakers; Kobeissi said when everyone shouts crash, expectations are already priced in. But no crash ≠ no drop: a single-day 20% drop is hard to repeat, but a significant Monday gap down is entirely possible.
Observation: if US stocks fall, can Bitcoin hold? It didn't follow last week; if it holds again this time, "decoupling" will have solid evidence.
Invalidation: If the S&P triggers a 7% circuit breaker on Monday, or Bitcoin falls below $80,000 (Glassnode floor), I will be wrong.
Which side do you choose: the date is a coincidence, circuit breakers rewrite the script? Or panic is the fuel, coincidence self-fulfills?
$BTC
#BlackMonday39thAnniversary##Last week, U.S. tech stocks experienced a significant correction, with the Nasdaq dropping about 4.5% cumulatively, marking its worst weekly performance since June. However, this correction was not simply a matter of profit-taking; underlying it was growing market concern over inflation, interest rates, and the return on investment in the AI industry. The AI sector had previously been a key driver of gains in U.S. stocks, but as data center construction and computing power investments continue to expand, the market is starting to focus on another issue: how long will it take for such massive capital expenditures to translate into profits? Some companies rely on debt financing to expand, and if financing costs rise or future revenues fall short of expectations, valuations built on high growth expectations will be impacted. AI infrastructure company CoreWeave’s stock price plunged significantly last week, reflecting market worries about the financing capabilities and investment returns of related companies. Additionally, U.S. inflation data poured cold water on the market: the September CPI rose 3.7% year-over-year, with energy price increases still a major driver, but consumer demand remains resilient. This means the economy has not yet stalled, but inflationary pressures remain uncontrolled, making it difficult for the Federal Reserve to ease monetary policy. If expectations for rate cuts continue to be delayed, corporate financing costs and the opportunity cost for investors holding risk assets will be hard to reduce. For tech stocks that have seen large gains and high valuations earlier, this is clearly not a favorable environment. Bitcoin will naturally be affected as well; although Bitcoin has a long-term narrative independent of traditional finance, in short-term trading it remains highly influenced by liquidity #Institutional funds weaken, who will see inflows first, BTC or ETH?
BTC sees institutional funds returning earlier than ETH.
BTC: Cyclical outflows, short return path. Outflows are mainly due to high interest rates and rising US Treasury yields, representing passive deleveraging triggered by macro conditions; with a large asset base, October outflows accounted for only about 0.2% of total ETF assets, IBIT still has intermittent net inflows, and whale selling pressure is also easing. Once interest rates stabilize, the resistance to fund inflows is minimal.
ETH: Structural bleeding, slower recovery. ETH ETFs have continuous net redemptions, highly concentrated in BlackRock's ETHA (accounting for about 93% of outflows in a single week), indicating a systematically weak willingness to increase allocation through compliant ETF channels. Before the inertia of continuous redemptions is broken, it is difficult to confirm a reversal in funding.
Same catalysts, different thresholds. Both require "long-term interest rate stabilization + ETF net inflows recovery," but BTC is condition-triggered, while ETH needs to first repair the channel itself.
In short: BTC's outflow is a "pause," ETH's outflow is "bleeding"; existing funds will prioritize returning to BTC with the least resistance, while ETH will likely lag.
$BTC $ETH $ZEC U Sister 10.19 Monday Big Cake $BTC Thought Process
Entry: Rebound in the 82600-83100 range, 4H shows a long upper shadow stagnation pattern, volume can't keep up, confirm pressure then enter short position
Stop loss: Effectively hold above 83455, break through resistance zone, abandon short position and exit
First take profit target: 82100
Second take profit target: 81600
Market logic: This round started a rebound from a low position, which is a correction after a decline, not a trend reversal. The previous high near 82900 above is a strong resistance level, price rebound near this area is prone to selling pressure release. Do not chase shorts at the current price, wait for rebound to the resistance zone and stagnation signal before entering. Focus on support at 81500 below, if support is broken, the bearish space will further open.
1. Explanation of Chart Meaning
This is a chart of Bitcoin Long-Term Holder Realised Profit/Loss Momentum.
Unlike Short-Term Holders (STH), Long-Term Holders (LTH) are investors holding positions for more than 155 days, representing the "smart money" and firm base capital in the market.
Legend and Thresholds:
Gray line (Price): Bitcoin spot price.
Green bars (Profit Momentum): Momentum of profits realized by LTH. Red bars (Loss Momentum): Momentum of losses realized by LTH.
Black line (Momentum Oscillator) and background color: Momentum oscillator. Light green background (+ve Momentum) represents accelerating profit realization (distribution phase);
Light pink background (-ve Momentum) represents accelerating loss realization (panic phase).
2. How to Use the Chart (How to Interpret)
LTH behavior is shrewd and patient, acting as the opposing force to retail investors.
Macro top signal (distribution): When the bull market is in its late stage, price stagnates at a high level, green profit momentum bars show extreme bursts, and the black line runs high in the green area. This indicates that the "smart money" is massively taking profits at highs, injecting excess supply into the market.
Macro bottom signal (capitulation): At the end of a bear market, when prices crash, red loss momentum bars deepWhen Bitcoin trembled, how many altcoins in the hands of brothers were directly halved? Just when the whole network was panicking at midnight, I looked at the data and found that these several coins that surged early on not only didn't see retail investors running away, but they were crazily adding positions! Don't rush to bottom-fish; rushing in now is just being cannon fodder:
First, look at $ZEC, the veteran coin is too wild, the daily chart surged from over 200 all the way to over 1600! After a midnight dip to 1048, it quickly pulled back to 1169. Looking at the 4-hour data, the long-short account ratio is around 1.35, funding rate favors longs, bulls are still holding hard, but this old coin's shakeouts are extremely brutal, so don't blindly chase.
Next, look at $HYPE: the absolute hot topic recently, daily chart surged to 97 then fell back, dropped to 76 and pulled back to 79. Notice the 4-hour long-short ratio, it soared directly to around 2.3! It's all retail investors frantically bottom-fishing. The open interest hasn't kept up, indicating all retail investors are holding the positions, the rebound lacks volume and is easily targeted for a precise blow-up by manipulative whales.
Finally, look at $UNI: the old DeFi leader, daily chart went from 2.3 up to nearly 11, now corrected down to 7.2. The data is really outrageous, the 4-hour long-short ratio surged from 1.1 to break through 2.0! Retail investors' enthusiasm to catch the falling knife is very strong, open interest is falling from a high level, once it breaks the midnight support at 6.8, a chain stampede could happen anytime.
Summary: The market is still bottoming out, these coins have good elasticity but the bulls are too crowded. Wait for the shakeout to finish and the long-short ratio to drop before considering.
#SpaceX上市后首份完整季度财报将揭晓 At 6 a.m. this morning, as soon as the market opened, US stock futures started trading, and volatility arrived right on time! Crude oil experienced a short-term flash crash, directly dragging Bitcoin $BTC and Ethereum $ETH into a rapid short-term rebound, pulling back to around 82,500 and 2,423 respectively. The core catalyst for this oil price plunge was Trump once again unable to hold back; he posted the latest news on Russia-Ukraine peace talks just before the market opened, stating that significant progress is being made in Russia-Ukraine peace and hostage negotiations, and based on this, new sanctions against Russia are temporarily postponed. Zelensky also confirmed discussions on subsequent diplomatic steps. But my view is: although verbal expectations have pushed oil prices down and eased pressure on the crypto market, the situation is still far from fully stabilized. Both sides talk peace verbally, but the battlefield was still fiercely bombing energy facilities over the weekend, with even the oil terminal in Saint Petersburg set on fire by drones. The so-called energy ceasefire has not truly taken effect. Additionally, spot ETFs still saw net outflows in the last trading day, and off-exchange institutions have not yet made a large-scale return. So my judgment is that I am not as bearish as a few days ago; at least the support above 80,000 has been validated. But for now, I expect a range-bound fluctuation between 80.6k and 82.6k. After these rounds of turmoil, the market still needs much more time to consolidate its chips.【HYPE has dropped 20%, entering a pullback zone worth watching】
$HYPE has fallen about 22% from the high near $98. Analysts' bullish sentiment ranks first among mainstream crypto assets, deviating from the average sentiment by 2.3 standard deviations. One side is dropping hard, the other is very optimistic—this contrast is definitely worth monitoring.
HYPE's confidence isn't just based on storytelling. About 99% of qualified trading fees on Hyperliquid go into a fund to buy back HYPE, and the cumulative buyback scale is already quite substantial. The more active the platform trading, the stronger the buyback support, which is the biggest difference from tokens that rely purely on sentiment speculation.
Buybacks don't guarantee capital protection. If trading volume declines, buyback strength may weaken; token releases by the team can also bring potential selling pressure. Analysts are unanimously bullish, but that means caution is needed as expectations might be too high, and there may not be much surprise when positive news is realized.
HYPE can be put on the watchlist, but don't rush to bottom-fish just because of the drop. If fees and buybacks remain resilient, prices stop falling, and sustained buying appears, this pullback looks more like an opportunity; if prices continue to weaken and buybacks can't absorb selling pressure, it means the market hasn't bottomed yet. I am optimistic about its business model, but the bottom needs to be formed by the market itself.Overnight bounce to $82.5K (19 Oct) and the market's real fight isn't CPI anymore — it's #StrategyOpposesMSCI If MSCI kicks digital-asset treasury firms out of indexes, billions in passive flows vanish; if they stay, the bid stays. $BTC holding $80K through all of it says the market isn't scared. I was wrong on $87.4K timing — $84K is still the wall. Invalidation: daily close under $80K. Does MSCI exclusion even matter for crypto, or is this pure equity noise?$ZEC surged sharply to around 1170. Personally, I think this rally is just bulls trying to unwind some positions; those going long should know when to stop and secure profits. The overall trend is downward, after all, an altcoin can't support such a high price. Right now, it's just launching some ambiguous concepts to attract attention and stabilize the price! But because the contract is ruthless, longs and shorts around the 1150 level will be mercilessly squeezed back and forth!#Netflix Growth May Slow, Advertising Business Becomes New Focus
Netflix's 2026 Q3 direct membership subscription revenue (excluding advertising revenue, counting only user-paid subscription fees): As more new and existing users migrate to the lower-priced ad-supported membership tier, the overall ARPU has been pulled down. Although the total number of paying members is still growing, the growth rate of direct membership revenue has been suppressed and has not increased proportionally with the member count; advertising is an additional incremental segment and is not included in this direct membership revenue. In other words: the biggest pressure on direct membership revenue now is not user loss, but "price being pushed down," with volume increasing but price weakening.#Netflix growth may slow, advertising business becomes new focus $APR has been bearish over the past four days. The cliff unlock on October 23rd accounts for nearly 47% of the already unlocked circulating supply, with selling pressure concentrated in this current week. Within 24 hours, the price dropped sharply from 0.0404 to 0.02279, a volatility of 77.3%, and now 0.03154 is stuck in the middle. Long positions were liquidated for $690,000, more than twice the short positions. Bulls who caught the rebound during the sharp drop were the first to be washed out; no one is willing to support the price before the unlock. The funding rates for three consecutive periods are positive, but only as background information. We backtested events where the unlock volume exceeded 10% of the circulating supply: in the seven days before the unlock, about three-quarters of the events underperformed the broader market, with consistent directional samples before and after. $APR is currently right in this window. The moving averages on the chart show a bearish alignment and the rebound is on low volume, matching this rhythm. In the next four days, it is highly likely to trade near the lower range between 0.02279 and 0.0404; breaking below 0.02279 would open up further downside. The condition to turn bullish is to retake 0.0404 before the unlock. There is no stable direction in backtests after the unlock day, so we will reassess based on the new market conditions then.1. Risk of advertising business underperformance: Advertising packages are the core growth driver, but if ad fill rates and ad unit prices do not increase as expected, advertising revenue will struggle to meet the company's optimistic internal projections, directly reducing profits.
2. Rigid content amortization costs: Q4 is the peak period for content launches, leading to increased content amortization expenses that will erode operating profit margins; content costs are rigid expenditures with limited flexibility for reduction.
3. Negative exchange rate impact: With the majority of revenue coming from overseas, a stronger US dollar will translate into reduced overseas revenue and profits.
4. Membership growth ceiling: In mature markets, user saturation means most new members choose low-priced ad-supported packages, resulting in a lower average revenue per member (ARM) and limited profit contribution from membership growth.
5. Historically optimistic company guidance: Netflix management has tended to provide optimistic guidance in the past, with actual results often falling slightly short of their own targets.Tesla's stock dropped 7.3% a week before the earnings report, and I didn't pre-position.
Here's what I saw: $TSLA closed at $354.72 on Friday, down 2.1%.
The Roadster launch event pushed it up to 371 pre-market, but it was sold off after the open, hitting a low of 349.33.
Trading volume was 61.86 million shares, about 1.8 times the 20-day average volume.
The close broke below the 50-day moving average of 359.5 and remained below the 20-day line at 370.
The Q3 earnings report will be released after the US market closes on Wednesday (early Thursday Beijing time), and $META will also report that same night.
LSEG expects EPS to drop 14.5% year-over-year, with revenue down about 1%.
Bulls are betting on Robotaxi and SpaceX merger rumors, while bears are watching for continued margin declines.
My take: The positive news from the launch event caused a high open but a low close, indicating buyers want real numbers from the earnings report, not stories.
Until margins stop falling, this looks more like selling on news rather than building strength.
What I will do: I won't chase or bottom-fish before the earnings report.
Only a volume-backed move back above 370 will signal a real turnaround.
If it falls below the late September low of 345.88, this view is invalidated, and I won't catch a falling knife.
Honestly: Are you buying Tesla's cars or Elon Musk's story?
$TSLA $META
#Tesla #USStockEarnings #TeslaLaunchesNextGenRoadster, MarketRises This morning when I woke up, the market finally showed some movement.
$BTC rose to 82416, up 1.58%; $ETH also returned to around 2422, up 1.88%. $SOL, $DOGE, $XRP, and $BCH basically all followed the rise, especially DOGE and XRP, both up nearly 3%.
But right now, I’m actually not in a hurry to call the bull market back.
A few days ago, BTC was fluctuating around 80,000, dipping as low as about 79,725, and the rebound was quite quick. My long order placed at 80,500 didn’t get filled, and looking back, it’s a bit of a pity. But if it didn’t fill, it didn’t fill; you can’t blame yourself for not chasing just because it went up.
What’s interesting about today’s move is that it’s not just BTC rising; ETH and several major coins moved together. If this continues, it indicates the market sentiment might be recovering; but if it’s just a short-term rebound with insufficient volume, it could still fall back after the spike.
Right now, I’m focusing on two key levels: whether BTC can hold above 82,000, and whether there is support on the pullback after the rebound. Rather than getting excited by a green open, I want to see how far this rise can really go.
Missing out isn’t scary; what’s most worrying is changing your trading plan temporarily because you missed out.
Is this wave the start of a market recovery, or just a rebound after a big drop? $ETH This short-term surge exposed a fatal detail: although the price went up, the bulls are secretly retreating during the rebound!
The total long position in the market has shrunk to less than 300 million U, while on the short side, nearly a thousand traders have pushed the short position size to nearly 1.5 billion U, with capital volume more than five times that of the bulls!
The number of large short holders is more than twice that of the long holders. These whales dare to hold nearly 1.5 billion U in short positions during the rebound because they are confident that the heavy trapped positions at 2576 will prevent the bulls from having follow-up funds to push the price higher!
While the bulls are busy reducing positions to escape during the rebound, the large short holders keep adding positions to block the way. Understanding this capital flow means you can just enter the market to short and be done! 【The RMB rises to a three-year high, is the US dollar really losing appeal this time?】
The RMB midpoint against the US dollar rose to 6.7208, the highest since February 2023. A 12 basis point increase may not seem much, but the direction behind it is more worth pondering: the RMB is strengthening.
However, don’t rush to interpret this as the US dollar heading for a continuous decline. Exchange rates are influenced simultaneously by China-US interest rate differentials, trade settlements, central bank midpoint management, and market expectations; a single-day adjustment doesn’t reveal much.
For Chinese companies, RMB appreciation compresses some exporters’ foreign exchange gains but lowers import costs; for those holding US dollar assets, converting back to RMB may yield less profit.
I think this can be seen as a signal to observe the relative strength between the US dollar and RMB, rather than a direct reason to bet on a certain asset class. Going forward, it depends on whether the RMB can continue to strengthen and whether the US dollar index weakens simultaneously. Declaring a reversal in the US dollar cycle based on just one day’s midpoint is still too early.Sir Ah has finally stopped😬 The trader who suffered tens of millions in losses from high-leverage long positions on $BTC and $ETH over a week has cut losses and exited
Address 0x30a…6393e held BTC longs worth 110 million USD, with only $184 liquidation margin at the market bottom in the early morning. Fortunately, a rebound saved him from liquidation. Four hours ago, he closed 1,821.84 BTC positions with a loss of 3.26 million USD, plus 1.08 million USD loss on ETH, totaling 4.34 million USD loss this round
Currently, he has opened 45.93 million USD long positions in US stocks, including $TSLA / $DRAM / $SOXL. He really can't sit still...
Portal 👉 0x30afce2f6842bf183c7e3fe7162e279ff0b6393eTrump stated that if the Republican Party wins both the House of Representatives and the Senate in the November midterm elections, every adult American citizen could receive $5,000.
On November 3, 2026, the United States will hold midterm elections:
1. All 435 seats in the House of Representatives
2. 35 seats in the Senate
3. Governors, state legislators, and local officials in multiple states
The House of Representatives is elected by district, with 218 seats constituting a majority; the Senate is elected by state, and if the vote is 50-50, the Vice President can cast the deciding vote.
The reason the U.S. has midterm elections is because the President's term is 4 years, House members serve 2-year terms, and Senators serve 6-year terms with about one-third up for election every two years. This staggered election system is intentional, allowing voters to readjust congressional power between two presidential elections.
Congress holds legislative, budgetary, personnel review, and administrative investigation powers. If the Republicans hold both chambers, Trump will have more room to push tax, immigration, energy, tariffs, and cash distribution plans; if the Democrats take the House, the White House will face stronger budget negotiation and oversight pressure; if the Senate also changes hands, key appointments and legislative negotiations will be affected.
The President's party often loses the House in midterm elections. From 1934 to 2022, in 23 midterm elections, the President's party lost House seats 20 times, mainly due to governing costs, declining voter turnout, and opposition mobilization.
Therefore, the $5,000 promise is most likely just an empty check. Foldable screen pre-orders are booked until January next year, $AAPL rose 0.43% alone on Friday, I’m not chasing the hype.
Here’s what I saw: iPhone Duo opened pre-orders last Friday, the official website delivery dates quickly pushed back from 10/23, some orders are scheduled as late as late January next year; Apple calls the demand "extraordinary," starting price about $1,999.
On the same day, US tech stocks generally fell, among the seven giants only Apple closed up, closing at $343.46 (+0.43%), intraday low $340.46; Nasdaq fell 2.15% on Friday, Philadelphia Semiconductor Index fell for eight consecutive days.
My view: Hot pre-orders ≠ immediate profit realization; longer delivery times may also be due to production bottlenecks, not just a demand myth.
Tech stocks are still cutting valuations, Apple’s counter-trend rise looks more like a safe haven narrative, not a reckless surge signal.
What I’m doing: Standing firm to observe, not chasing Monday’s rebound; if it breaks below Friday’s low of $340.46, this round of foldable screen narrative should be considered invalid first.
Wait for real delivery and user feedback after the 10/23 launch, then decide whether to change stance.
What do you think, will $AAPL first digest the pre-order heat on Monday, or continue to be the safe haven among tech stocks?
$AAPL $QQQ $NVDA
#苹果折叠屏iPhone Duo预购火爆 #费城半导体指数八连跌#纳指100周跌5.5%，芯片股八连跌 550% unrealized profit, but in the end only 73% left
No recovery over the weekend, $ETH kept sliding down.
How is this calculated:
550% is the paper profit at the peak.
If you don't sell, it's just a number.
When it falls, the numerator shrinks, the denominator stays the same.
At the trigger moment:
Leveraged long positions get liquidated automatically when the price breaks the threshold.
Sell orders push the price down, causing the next batch to be sold as well.
That's how the profit disappears.
Paper profits are never your money.
Only when you sell does it count.
#Deutsche Bank plans to custody BTC and ETH, accelerating digital asset business
#$ETH #TeslaQ3ProfitAndMargins 1/5 $TSLA Q3 deliveries +1.4% quarter over quarter look good. This is not a thread. The story is mixed: US (our estimate) -9.2% quarter over quarter, China +17.8% quarter over quarter. $TSLA traded its most profitable cars for less profitable ones in Q3 2026 (this is bad).Today's core judgment: What is worth noting today is the change in stablecoin competition: the industry is shifting from competing over issuance scale and payment networks to how reserve yields are distributed. Circle recently disclosed the revenue distribution structure of USDC, reflecting that stablecoin issuers are beginning to compete for exchanges and payment channels through revenue sharing. My judgment is: In the short term, institutional funds remain weak; in the long term, more attention needs to be paid to stablecoin payments and channel revenue sharing. For OKB, the business implementation of Exchange OS and OKB's value capture still need to be evaluated separately. 1. ETF funds: Three asset classes have seen synchronized outflows for the second consecutive week. The latest effective trading day is still October 16: * BTC: net outflow of $82.4 million; * ETH: net outflow of $69.7 million; * SOL: net outflow of $12.7 million. This week, the combined net outflow of the three ETFs was about $574 million, marking the second consecutive week of synchronized outflows. Among them, SOL has had net outflows for ten consecutive trading days, with short-term allocations still contracting. Currently, there is no evidence that institutional risk appetite has recovered. The next verification point is the fund data after the US market closes on October 19. 2. Stablecoin supply stagnates, but payment volume grows 45% Allium (an on-chain data analysis platform) Q3 data shows that the total stablecoin supply is about $305 billion, growing only 0.4% year-to-date; meanwhile, payment volume reached $482 billion, a 45% year-over-year increase, with payment transactions up 71%. This indicates that sta【 HODLing coins is easy, leverage is hard to bear 】
Strive CEO Matt Cole declared "permanently long $BTC, short the dollar." Recently, the company spent $235 million to buy 2,822 BTC, increasing its holdings to about 35,600 BTC. However, the average purchase price of this new batch is around $83,266, and with BTC fluctuating near $82,000, they have to endure a drawdown right after buying.
Cole emphasizes the core concept of "leverage ratio": Strive aims to use financing structures to grow the company's BTC exposure faster than its equity. When the market rises, profits may be amplified; when it falls, financing costs, dividend obligations, and asset depreciation still persist.
I agree with the logic of holding BTC long-term, but you can't equate company stock directly with BTC. Buying coins is a bet on Bitcoin's rise; buying Strive also bets on its ability to keep financing and withstand drawdowns. If BTC enters a sustained bull market, this strategy might outperform; if the market remains sluggish for a long time, the so-called profit amplification machine might first amplify pressure on shareholders. A piece of news this morning that few people shared, but carries significant weight: Officials from the Reserve Bank of Australia said there is reasonable evidence that the neutral interest rate is rising both domestically and internationally. In plain terms, the benchmark for "how expensive money should be" is moving upward overall. Don't think this is just an Australian issue; this is the collective stance of central banks worldwide: it's not a temporary rate hike, but a long-term elevation of the interest rate baseline. Assets like $BTC, which have zero interest and are priced purely based on risk appetite, benefit most from a low interest rate environment. When risk-free returns worldwide are systemically rising, holding non-yielding assets while telling a ten-year story means the opportunity cost grows day by day. Those focused on whether the Fed will hike rates in October might be missing the bigger picture. Do you think this round of high interest rates is cyclical or the new normal? ETF is selling, but BTC is rising: Who exactly is absorbing this sell-off?
The US stock market hasn't opened yet, and the latest complete ETF data stops at Friday. On that day, the US spot BTC ETF had a net outflow of $82.4 million; over the last five trading days, the net outflow totaled $228.4 million, which is indeed a net sell-off and not a small amount. But looking at OKX at the same time, at 9:33 Beijing time today, BTC is priced at $82,459, up about 0.98% in 24 hours, still near the upper range of the 24-hour interval.
These two sets of data are not contradictory: ETF is just one capital channel and does not represent the entire market selling. The price can still be pushed up during ETF outflows, indicating that other buy and sell orders are temporarily absorbing the selling pressure; but based on price alone, we cannot determine who is buying, nor can we directly claim "institutions are back."
I do not consider this a confirmed reversal yet. Watch if $82,539 can hold above, and $80,681 below; breaking above the upper range would indicate continued absorption, while falling back to the lower range means reassessing the weight of this outflow. Do you think this sell-off is being absorbed, or is it just waiting for the next wave of selling pressure?
$BTC #交易之声：你的经验值得被听到 Data beats expectations on both fronts, yet BTC has climbed back above 82,000, while gold remains unmoved. Don't rush to call it a sell-off; this looks more like the market openly betting that the Fed won't act rashly in October. 🤔
$BTC: With PPI this strong, according to the old script BTC should have crashed, but buying pressure stubbornly pulled it back above 82,000. The market is "immune" to inflation data now; the logic is: the hotter the data, the more the Fed fears hurting the economy, and the 15% chance of a rate hike in October is proof. 🔥
$ETH: Following the rebound but still playing a supporting role. ETFs continue to bleed, institutions are retreating and cutting it first. After leverage falls, there might be some short covering, but it will be a short-lived rebound; without real solid support, when BTC dips, ETH falls faster. ⚠️
$XAUT: Gold's lack of movement is the real warning sign. With high inflation and geopolitical risks, gold prices are flat, indicating tight dollar liquidity and funds possibly covering other margins. BTC buying is driven by retail sentiment, gold buying is central bank allocation; gold sideways = real safe-haven funds are still watching. 👀
This move is a bet on policy, not a fundamental improvement. Don't chase longs above 82,000, nor blindly try to top out. Wait for the Fed to reveal its hand first. #USCPIandPPIdoublebeatexpectations, can there be another rate hike this year? #AI May Push GDP to 44 Trillion, Can Investments Break Even?
Whether investments break even depends on the position in the industrial chain: the infrastructure layer is under pressure, while the application and tools layers have more solid evidence.
Break-even account: Infrastructure under pressure, application layer delivers
Gartner estimates that by 2030, AI data center owners need to generate a cumulative revenue of $8.5 trillion to cover capital expenditures, financing costs, and achieve a 12% ROIC; meanwhile, attributable AI revenue is expected to be no more than $3.6 trillion, leaving a gap of over half.
The application and tools layers have more concrete break-even prospects. AWS claims AI server costs can be recouped in less than three years, with nearly $500 billion in backlog orders.
Enterprise side: Google reports that 74% of companies break even on at least one AI project in the first year, with “heavy investment” companies achieving an 88% return rate; Nucleus Research gives an average break-even cycle of 11 months and a 427% ROI over three years; Nutanix expects to recoup a $20 million internal AI cluster within one year.
Core contradiction: mismatch between capital concentration and dispersed returns
The economic account of AI investment is not unbalanced, but the accounting cycle is extended, with the extension mainly borne by infrastructure holders. When asset depreciation outpaces revenue realization, the gap between accounting break-even and cash break-even will surface before the question of “whether AI creates value.”
What is truly worrisome is the mismatch period between the speed of value creation and the speed of capital sinking, which may exceed the tolerance of some participants. $BTC $ZEC $ETH SOL is having a major upgrade the day after tomorrow, have you considered getting in?
On Wednesday, Alpenglow will launch on the mainnet, reducing the final transaction confirmation time from about 12.8 seconds to about 150 milliseconds.
SOL is currently around $104.6, up only about 1% in 24 hours.
At the same time, BTC's market dominance surged to about 60.8%, a 14-month high, draining altcoins.
An objective breakdown:
The positive news is real, but since the upgrade doesn't change fees or the execution layer, it’s hard for it to directly translate into buying pressure in the short term.
After the upgrade, voting will no longer be on-chain, so the on-chain transaction count will "appear" to drop significantly—don’t be alarmed by this number.
Funds are still flowing into BTC, and the probability of "selling after the good news is realized" is not low.
This is a big deal technically, not a big deal price-wise.
It needs to hold above $110 to have buyers; if it falls below $100, this observation is invalid.
Deduct 1 point if it rallies on the upgrade day, deduct 2 points if it dumps after the positive news is fully priced in.
$SOL $BTC $ETH
#DeutscheBank plans to custody BTC and ETH, accelerating digital asset business