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I'll teach everyone a trick to determine if an exchange is safe! Watch carefully!
My view is that to judge whether a platform is safe, you can first look at the K-line trend of its platform token. K-lines often reflect some future events in advance. Previously, the platform tokens of collapsed exchanges showed signs of frantic cashing out early on the K-line.
Now look at BNB: its current market cap is still as high as $90 billion, and the K-line trend remains within a normal correction range, even more resilient than most major coins. For example, BNB dropped 5.1% yesterday, while most major coins fell more than 9%.
So, judging only from the platform token K-line perspective, my conclusion is just two words: rest assured, very safe.
Not an advertisement, analyzed with conscience! $BNB Net increase of 0 coins, I think this goes against the narrative of hoarding coins, weakening bullish sentiment, but this alone cannot determine that the $BTC trend has turned bearish. Bitdeer has sold all its output this week; the selling pressure is real, and whether the market can absorb it is the key.
I follow three rules for trend tracking: look at price for direction, not the attitude of mining companies; assess strength by absorption, not just the volume of coins sold; confirm continuation by verification, not by guessing the top from single-week disclosures.
The trend is the best friend, I wait for the movement to be verified. After such mining company news comes out, do you use moving averages or volume-price relationships to judge if the trend has changed?Let's do the math: Bitcoin at 76046.7, ranging from 74887.9 to 76378.7, fluctuating 1490 points in one day, finally settling in the middle, up 0.49%.
If you chase back and forth within this 1500-point range, fees plus slippage easily eat up two to three hundred points, leaving less than enough for a single stop loss. So I simply haven't made any moves these past few days, just watching it grind.
The details are actually deteriorating: six candles in one hour, closing at 76042.9, 76039, 75897.4, 75908.1, 76034.6, 76056.6; the highest candle had a volume of 110, surging high then falling back; the volumes climbing back afterward were only 64 and 79, and the last one just over 5 points. The rise is on shrinking volume, the fall on expanding volume—this structure is unhealthy.
Looking at the 4-hour mid-term line at 76622, the price has been below it; the funding rate is 0.00000397, down again from a few hours ago, indicating bulls are losing the willingness to pay.
The conclusion is straightforward: don't chase above 76000; if you really want to act, wait around 75500 to see the reaction; if it breaks 74887, then it's no longer a pullback. Those who wait don't lose money; those who chase get hit every day.#US October Nonfarm Payrolls Exceed Expectations, December Rate Hike Bets Heat Up Nonfarm Payrolls Explode! BTC keeps hovering around 75,000, which of the three scenarios in Orbit do you support? 📉👀$BTC
Last night, the US October nonfarm payroll data was released, showing an increase of 165,000 jobs, far exceeding the expected 65,000, and the unemployment rate dropped to 4.1%. Once the data came out, bets on a December rate hike instantly heated up, and the US dollar index surged sharply. Normally, strong nonfarm payrolls suppress risk assets, so BTC should have crashed directly, but the market kept grinding near 75,000 and even showed a counter-trend rebound.
Looking at community opinions, there are currently three main scenarios:
Scenario A (Oversold Rebound): Under strong nonfarm pressure, the counter-trend rebound of risk assets is mostly a technical oversold bounce, with no logic for a trend reversal, and its sustainability is doubtful, so don't jump in lightly.
Scenario B (Betting on Short Covering): The market had already fallen deeply before the nonfarm data release, so the better-than-expected data became a reason for shorts to cover positions. With the bad news out, the market has now shifted to short-term speculation.
Scenario C (Prudent Macro): A single month of strong nonfarm payrolls is not enough to set the path; the real watershed will be the upcoming CPI and dot plot guidance. The current rise in rate hike bets is just short-term noise.
My personal view:
In the short term, I lean towards Scenario B; the short covering at the moment the data landed is definitely a trading opportunity; but in the medium term, I support Scenario C.
Macro data noise is too high; rather than guessing the Fed, it's better to wait for CPI data to do right-side trading.
Do you think this is a "dead cat bounce" or that the bad news is fully priced in? Are you bullish or bearish today? Come discuss in the comments.$QQQ has plummeted more than 6%, even breaking below the 50-week moving average! This is a risk for short-term investors but could be an opportunity for long-term investors!
I strongly agree with wander's observation! I pulled up the weekly chart of QQQ for nearly 10 years and found a phenomenon that long-term investors should seriously consider. Currently, QQQ is around $647, having broken below the 200-day moving average of $680 and the 50-week moving average of $669, but it is still far from the 200-week moving average of $504.
What does this mean? The short-term trend has clearly weakened, but the long-term upward structure has not been completely destroyed! Looking back at the major corrections in 2018, 2020, and 2022, after QQQ broke below the 50-week moving average, it often experienced painful volatility or further declines, but over a longer period, it also provided good opportunities for phased accumulation.
I have always believed that when investing in the Nasdaq 100, the most important thing is not to guess the lowest point but to accumulate quality assets with discipline during market panic. Of course, breaking below the 50-week moving average does not mean it is cheap enough yet, nor can it rule out the risk of further approaching the 200-week moving average. My strategy is simple: respect the short-term trend, focus on long-term opportunities, build positions in phases, keep cash on hand, and avoid rushing to bottom fish all at once.
True long-term investors should learn to study opportunities when others are fearful, rather than panic along with market sentiment!AI stocks rebounded, but the gains shrank by half, did the bottom-fishers end up taking the hit again?
Not necessarily. A single day of a rise followed by a fall is not enough to declare the rebound dead.
Last night, Nvidia rose about 7% intraday but closed with only 2.8%; the Nasdaq narrowed from 1.7% to 1.1%. There were buyers at the low, but once the price went up, sell orders pushed it down.
Three points to clarify:
1. Panic easing ≠ confidence restored
The rebound includes both bottom-fishers and short-covering. Just because some dare to bet doesn’t mean others dare to chase the highs.
2. After a big drop, a rebound is possible; to keep rising requires worries to cool down
The market fears tighter AI regulation and a slowdown in data centers. One day of price increase won’t make these issues disappear; we still need to watch policy details and capital expenditure guidance.
3. The sector is diverging
AMD and Intel closed up about 11% and 8%, clearly stronger than Nvidia; capital is starting to pick selectively.
Next week, watch three things: whether the pullback can hold Friday’s low, whether the leading stocks can continue to be strong, and whether the price can hold above Friday’s high on another rally.
Repeated high opens and low closes mean using the rebound to exit; a pullback with shrinking volume followed by expanding volume breakout means the rebound is solid.
Panic is retreating, but there aren’t enough buyers chasing the rise yet. The first bullish candle only shows the downtrend is easing; whether the bottom is solid depends on subsequent support.Last night's Non-Farm Payrolls release triggered another market pullback and liquidation wave. Fortunately, my previously placed large $BTC buy order at $75,000 was finally filled! $BTC : Bitcoin currently lacks independent bullish catalysts and remains heavily influenced by interest-rate expectations. The stronger-than-expected employment data pushed the market to price in a 20bp rate hike in December, while the US Dollar Index and Treasury yields moved higher. Under these circumstances, $BTC #BTC spot ETF has seen a net outflow of about $416 million this year. The 24-hour increase is 6%, approaching 2450, but incremental spot funds have not entered the market.
This recent rise near 2450 comes from concentrated short position liquidations; the previous outflow of ETF funds has not been reversed or absorbed. The market only recorded a slight continuation of 1.14%, with very faint signs of buying momentum.
A large number of orders are stacked between 2440 and 2450. The 2500 level is the dividing line for the market trend. Only by holding the 2350 support on a pullback and then breaking through 2450 with volume can the trend repair and continue.
Compare with your position list and check the distance between your take-profit orders and the 2450 resistance line.
$ETH $BTC $SOL $FET
Artificial intelligence and blockchain are often discussed together, but combining two technologies does not automatically create a useful product. Fetch.ai's vision around autonomous agents and decentralized machine intelligence offers an interesting direction. The important distinction is between speculative interest and functioning applications. Real agent activity, developer participation, and practical utility will ultimately matter more than AI narratives.$ONE rose 57%, but no one can clearly explain why it surged
ONE directly surged 57% today, jumping from 0.0011 to 0.00198, nearly doubling in one day. Trading volume expanded 21 times, from a few million to over twenty million dollars.
Interestingly, after the rise, mainstream media only gave one sentence as the reason, with no confirmed catalyst. So what is the market speculating on? After some research, two explanations were found.
First is transformation. Harmony is preparing to shift from a Layer 1 public chain to the "AI video" sector, creating a platform called The Remix Economy for AI Video. Second is migration. It plans to migrate the chain to Ethereum and will distribute tokens to eligible wallets.
Both explanations are "stories," not "progress." The transformation has no timeline, the migration lacks a technical plan, and the token distribution ratio hasn't even been disclosed. More importantly, this project suffered a vulnerability attack in August, causing the chain to roll back, so its trust foundation is weak.
Therefore, the judgment is: this wave is driven by funds speculating on stories, not value reassessment. Do not chase; you can short lightly around 0.00195, set a stop loss at 0.00215, and target 0.0017 first! #美国10月非农超预期，12月加息押注升温 Last night, the October nonfarm payrolls were released, completely smashing expectations.
Added 165,000 jobs, expected 65,000, with the previous two months revised up by 84,000; unemployment rate dropped to 4.1%.
As soon as the data came out, the market immediately changed its tune: the probability of a rate hike in December surged from about 75% to around 80%.
#FederalReserve observations show the probability of keeping rates unchanged in December is only 22.3%, while the probability of a 25 basis point hike is 77.7%. Short-term interest rate futures fell, with traders increasing bets on another hike in December.
Employment growth is broad-based, led by professional business services and healthcare.
But one detail is worth noting: the initial one-year inflation expectation for November is 4.3%, lower than the expected 4.7%. Inflation expectations are falling, yet employment is so strong, giving the Federal Reserve more room to refocus policy on inflation pressures.
Additionally, the #US economy now only needs to create about 40,000 jobs per month to keep up with the growth of the working-age population — this breakeven level has dropped from about 150,000 in 2024. Labor supply is shrinking due to tighter immigration and increased retirements, which is the main reason for the low unemployment rate. Economists and Federal Reserve officials have consistently believed that the labor market itself does not pose an inflation risk.
Employment is strong enough to revive #ratehike bets, and the low unemployment rate keeps the Federal Reserve calm. Whether to hike in December or not, this report has tipped the scales toward "hike" again.
#美国10月非农超预期，12月加息押注升温 If the bulls were to hold a homeowners' meeting and saw this ratio of participants, they might think they should have full control over the elevator ads. But the market isn't like property management; even if more people raise their hands, it doesn't necessarily decide which floor to go to. 😂
According to OKEx futures trading data, the current $BTC long-to-short ratio is 2.98, compared to 2.96 24 hours ago. That means for every 1 short position account, there are 2.98 long position accounts. What I care more about is the usage boundary of this "roster": it's suitable for warning about crowding risk, but not for comparing the capital strength between longs and shorts.
The reason is straightforward: the ratio of participants doesn't consider position size; having more accounts doesn't equal more capital, as a few large positions can shift the power balance. Also, the change from 2.96 to 2.98 is only 0.02, so you can't say that a state already biased toward longs suddenly saw a flood of people entering. As for extreme situations that tend to reverse, I treat that as a risk warning, not an automatic short trigger—the data doesn't provide a specific threshold to define "extreme."
If the ratio continues to rise, I'll pay more attention to crowding risk. This is my speculation, not a market forecast. When you see a ratio close to 3 to 1, which mistake are you more likely to make: feeling safe following the majority, or rushing to join the minority? Pick one—the market doesn't hand out awards for best conformity or best contrarian.ETF turned to net outflow, let's first pour some cold water: I am bearish, but I don't agree with directly translating this news as "funds continuously fleeing crypto." This daily report also mentioned pressure on tech stocks and rising US Treasury yields, indicating poor risk appetite, but a pessimistic narrative still needs evidence to support it.
I'm stuck on two points: the report doesn't provide the scale or persistence of the ETF outflow, so based on direction alone, it's hard to tell if it's a short-term portfolio adjustment or a trend withdrawal; rising US Treasury yields increase the opportunity cost of holding risky assets, which could be a reason for funds to withdraw, but it's not proof of continuous outflows. Mixing the two can easily exaggerate the signal.
Of course, the bearish view could also be correct. If ETFs continue to have net outflows and interest rate pressure doesn't ease, I would lean more toward the judgment that capital demand is weakening. Next, I will focus on the persistence of capital flows and won't use a single "net outflow" to stamp the entire trend.The risk-reward of this matter is asymmetric: changing the billing incurs costs, but the returns can only be seen after the rules are finalized. CryptoSlate states that the EIP-8037 state gas rules force Ethereum applications to rewrite billing; the call on November 6 urges projects to test gas assumptions and report fixes, which may affect the Glamsterdam specification.
I tend to see this as adaptation pressure rather than a market positive. Old billing assumptions need retesting, and applications relying on gas sponsorship or fixed pricing may be more sensitive—this is my speculation. Fix feedback can also impact the specification, meaning timely testing could reduce rework later, but it doesn't necessarily mean user fees will decrease.
If testing can reveal cost boundaries, the investment is worthwhile; if the rules are not finalized and a full rewrite is done, the risk of rework may lower expectations. I will watch the test results and specification changes closely and will not give technical proposals extra weight in price odds.#马斯克预计SpaceX年底年化营收突破1000亿美元
The boss has something to say
I came across Musk's post and first noticed a detail: he said SpaceX's annualized revenue will hit $100 billion by the end of 2026, with Q4 quarter-on-quarter growth of 70%, but he specifically emphasized this is an annualized run rate, not full-year revenue; the target for the end of 2027 is $500 billion annualized. The growth focus shifts from rockets and Starlink to AI computing power, with government orders dropping from 16.6% in Q3 to below 10% in Q4. Meanwhile, Tesla plans to stop Cybertruck production at the Texas factory by mid-2027 to free up capacity for the Cybercab autonomous taxi.
My interpretation is: Musk is telling the market a bigger story — transforming from a space company into an AI and robotics company. But the current macro environment is not buying it: non-farm payrolls disappointed, December rate hike probability is 79%, and the whole market is killing high-valuation narratives. The $100 billion annualized projection he painted can't support the stock price in the short term. For the crypto space, SPCX-related coins have weak correlation with BTC, mostly sentiment-driven, and do not constitute trading signals.
BTC is currently around 74,800, consolidating on Saturday. My approach: I listen to Musk's story but keep my position unchanged; 75,000 remains resistance, looking down to 73,000. For weekend news like this, just take a look, don't chase it with real money.
The above analysis is time-sensitive, please stay safe. $BTC $ETH $SNDK #RocketLab财报前瞻：Neutron火箭进展如何？ RKLB is about to release its Q3 earnings! Could this be the catalyst for a stock price rebound?
Rocket Lab (RKLB) will announce its Q3 2026 earnings after the U.S. market close on November 9. After recent intense volatility in tech growth stocks, this earnings report could be a crucial turning point for RKLB's next phase.
The market currently expects Q3 revenue of about $257 million, a year-over-year increase of approximately 66%, with a loss per share of about $0.07. Previously, Q2 revenue set a record at $234 million, with a backlog of $2.36 billion, indicating that demand in commercial space remains strong.
I believe there are three key points to watch in this earnings report:
① Can revenue continue to exceed expectations? The market already anticipates rapid growth, so merely meeting expectations may not be enough to sustain a stock price rise.
② Progress of the Neutron rocket. Compared to short-term profits, the development progress, first flight timing, and commercial orders of Neutron may more directly impact long-term valuation. The project timeline has been adjusted before, so the latest guidance from management is especially critical.
③ Growth expectations for 2027. Whether the Space Systems business, defense orders, and satellite business integration can bring higher revenue and profit growth will determine if the market is willing to continue granting RKLB a growth premium.
#RKLB #RocketLab #USStocks #EarningsSeason #CommercialSpace #Neutron$ATOM
Cosmos has an interesting challenge: its technology supports an interconnected blockchain ecosystem, but that does not automatically guarantee value accrual to ATOM. The relationship between ecosystem expansion, interchain security, and token demand deserves closer attention. A growing network of independent chains is promising, but the economic benefits must reach the core ecosystem.$MU
Micron rebounds with chips; what is the validation point for the memory cycle?
On November 6 intraday, Micron and the semiconductor sector rebounded together. This reflects a change in risk appetite but cannot alone prove that memory supply and demand are tightening again.
Memory companies' profits are sensitive to price and utilization. Strong AI memory demand does not mean all product lines can raise prices simultaneously; weak consumer demand may also drag down the mix.
I am more focused on subsequent contract prices, inventory, and capital expenditures. If high value-added products ramp up while ordinary product inventory declines, the recovery is more comprehensive; if capacity expansion outpaces demand and customers rebuild inventory, a single-day rebound cannot eliminate cycle risks.Last night, the October nonfarm payroll data significantly exceeded market expectations: 165,000 new jobs added, expected 65,000, with the previous two months revised upward by a total of 84,000, and the unemployment rate dropped to 4.1%.
After the data release, the probability of a rate hike in December rose from about 75% to around 80%; the probability of maintaining the rate in December is 22.3%, and the probability of a 25 basis point hike is 77.7%. Short-term interest rate futures fell as traders increased their bets on a December rate hike. Job growth was broad-based, with professional business services and healthcare leading.
Notably, the initial one-year inflation expectation for November was 4.3%, below the expected 4.7%. Inflation expectations have declined, but employment remains strong, giving the Federal Reserve more room to focus on inflation pressures.
The economy keeps pace with labor force growth, requiring only about 40,000 new jobs per month, a breakeven value that has fallen from about 150,000 in 2024. Labor supply contraction, tighter immigration, and increased retirements are the main reasons for the lower unemployment rate. The Federal Reserve and economists believe the labor market itself does not pose inflation risks.
Strong employment data has reignited rate hike expectations, and the low unemployment rate also makes the Federal Reserve's stance more hawkish. This report further tilts the direction toward a rate hike in December.$TON
TON has an interesting distribution advantage through its connection with Telegram's ecosystem. Yet access to a large communication platform does not automatically create sustainable blockchain adoption. The important distinction is between users discovering crypto applications and users consistently finding value in them. Developer quality, user retention, and application utility will determine how far this opportunity develops.Bitcoin ($BTC), Ethereum ($ETH), and SOL ($SOL) simultaneously experienced a downward trend, but their liquidation structures in the derivatives market have taken completely different paths. Bitcoin's current price is near 76154, down 5.69% in 24 hours. Although the overall market still leans bullish, the main liquidations during this downturn were shorts, with the squeeze from the rebound causing losses for the short side. Ethereum ($ETH) is in a tighter situation, down 7.81%, with the long-short ratio further rising. The long position crowding is the highest among the three major coins, and many long orders have been forced to close recently. SOL ($SOL) fell 6.28%, with a relatively milder trend. The long-short ratio slightly declined, but the liquidation pressure is also borne by the longs. This round of declines in $BTC, $ETH, and $SOL belongs to an ongoing downtrend, but internal forces have already split. The crowded long positions in $ETH and $SOL still face the risk of forced selling, while Bitcoin's long-short structure is relatively balanced, allowing for greater two-way volatility. The key next point to watch is whether the 75000 level can hold. If the support fails, Ethereum and SOL may face even more intense sell-offs than Bitcoin.Burning is not fireworks, it's a pump🔒(๑•̀ㅂ•́)و✧
The crypto world is never short of "burn announcements," but the chain won't play along. The real issue isn't how much is burned, but whether the chips are continuously taken away and locked.
$BNB: The solid feeling from the big brother🤔
37 rounds have cumulatively burned 1.646 million tokens, with the target reduced to 100 million. The mechanism is solidly implemented. But after the trust shock, daily active users dropped 14%, with 700 as the core defense level. Only by holding this can there be a recovery scenario; if broken, don't stubbornly preach faith📉.
$HYPE: Hard rules, hard valuation😅
Burn and buyback rules are strict, and reserve income is still rising. But FDV is pulled up to 99x, so the good news has long been priced in. Chasing above 83? First ask if the odds agree👀.
$UNI: Rising against the trend, but don't rush to get hyped
On the day of the market bloodbath, burns actually increased in volume; yesterday burned 62,000 tokens, more than twice the median of the past 30 days, totaling 113.8 million tokens. Looks fierce, but it's more like fees rising with volatility, not an independent positive. When the coin price doesn't follow the burn, don't mistake volume increase for a reversal (￣▽￣)ノ.
In short: Who is really moving chips? Look at whether the chain can continuously take them away and lock them long-term. Only if the pump keeps running can the premium stand firm🔒✨
#美国10月非农超预期，12月加息押注升温 🔍A number that looks bullish, can it really be taken directly as a market signal? OKEx data shows that the BTC contract long-short ratio is currently 2.98, compared to 2.96 24 hours ago, meaning for every 1 short account, there are 2.98 long accounts. The data is updated hourly, but here only the number of accounts is counted, not the position size.
An interesting detail here: the ratio only slightly increased from 2.96 to 2.98, indicating a slight increase in the proportion of long accounts, but it does not prove that long capital has simultaneously strengthened. It could just be more retail traders siding with the bulls, or a few large short positions on the other side holding down the market; the number of accounts and actual capital are not the same.
My judgment is: this data is more like a "bullish sentiment reminder" rather than a confirmed trend, and we should even be cautious of a reverse swing after a one-sided move. Because the higher the value, the more crowded the market tends to be; but the source only says extreme values may reverse, and does not indicate that 2.98 is already extreme. Interpreting it directly as bullish or bearish is somewhat premature.
This is my speculation: if the ratio continues to rise but the price does not strengthen accordingly, the divergence between sentiment and price is worth watching; if the ratio falls back but the price remains stable, it may indicate that the bulls have not completely lost support. Going forward, will everyone focus more on changes in the ratio, or on whether it diverges from price movement?$ONE surged 50% yesterday and continues to soar 23% today. Even though it's about to exit the crypto space, it just won't calm down! Recently, the project team Harmony announced the shutdown of the mainnet and pivoted to the AI remix industry. The blockchain explorer is also about to close. $ONE will become an air coin without a project team. It's uncertain if major exchanges will delist it. Chasing longs now is basically courting death. After this surge, short it until it gets delisted!A post about a mistaken transfer brought the "UID" into the spotlight.
A user wanted to transfer assets from Binance main site to Binance Thailand, but instead of filling in the address, they directly entered a string of UID. When the confirmation page popped up, they didn't verify and just clicked continue, and the money went into someone else's account. He Yi responded that Binance UIDs are unique and there are no duplicates — it wasn't the system giving the wrong number, but this string corresponds to another person in a different system.
Here is a structural issue that is easy to overlook. UID is an internal sequence number, only valid within the ledger that issued it. He Yi clearly stated that the account systems of local fiat platforms like Binance Thailand, Binance Turkey, and Binance US are independent. What does independence mean? The same number can represent four different people in four places.
The significance of the second confirmation is therefore clear: it is the only chance to align what "I think" with the "actual." Address, UID, network, amount — read them one by one. This user skipped it, effectively leaving the verification to luck. Transfers of $BTC and $USDT are irreversible once sent.
Afterwards, He Yi and 4 employees assisted in freezing the related funds and are contacting the recipient user for negotiation. The response is considered proactive, but essentially it is a goodwill remedy, not a system guarantee: whether the freeze succeeds depends on the recipient's cooperation.
So the issue is not "whether Binance compensates," but that the only reliable credential for cross-platform transfers is the address; UID can only be used within the same system. Treating internal sequence numbers as universal credentials is treating two ledgers as one.$ZEC has just completed a major upgrade, reducing block time from 75 seconds to 25 seconds, effectively tripling the speed. However, the upgrade temporarily locked about 12,200 ZEC, worth over $15 million, from being transferred.
Zcash's NU7 upgrade was officially activated at block height 3,543,405. Besides speeding up transaction confirmations, it also adjusted fee distribution: 40% to miners and 60% into a network security reserve, planned to be gradually reissued starting in 2031.
Interestingly, this upgrade did not increase ZEC's daily issuance rate, nor did it change the 21 million supply cap.
ZEC is currently around $1,330, up about 5% in 24 hours, with trading volume still in the billion-dollar range. When the upgrade news broke the day before, the price actually dropped temporarily.
I think Zcash is addressing the practical experience of privacy payments this time, rather than just hyping concepts. It competes with Monero for privacy demand but also faces speed competition from regular payment chains.
However, the fee reserve is not a permanent burn and should not be directly interpreted as deflationary. The inability to transfer old privacy pool assets may also affect user confidence.
I am not chasing the price increase of ZEC for now; I want to see if the real private transaction volume can sustain growth after the upgrade.
#美国10月非农超预期，12月加息押注升温 Oversold recovery ≠ trend reversal
After a "night of terror" in the crypto market, selling pressure has temporarily eased, but the market looks more like it's catching its breath rather than reversing trend. On the macro side, after the midterm elections, the Democratic Party controls Congress, expectations for tighter AI regulation are rising, combined with stronger-than-expected nonfarm payrolls fueling rate hike concerns, putting risk assets under synchronized pressure.
🔸$BTC is at $75,832, dipping intraday to $74,762; $75,500 is the short-term defense line, and if broken, $69,000 will come into view.
🔸$ETH is at $2,234, down 7% in a day, erasing all post-election gains, with weakening moving averages and RSI at only 40; failure to reclaim $2,251 may test $2,204.
🔸$SOL is at $90.02, with last week's ETF net outflow hitting a record $71.47 million, futures long liquidation accounting for 92%, price at a two-month low, 50-day and 200-day EMAs approaching a death cross, showing significant technical pressure.
Overall, regulatory uncertainty, tech stock sell-offs, and crypto capital outflows are resonating. The current rebound mainly comes from oversold recovery and is insufficient to confirm a bottom; short-term focus should remain on risk prevention.
#美国10月非农超预期，12月加息押注升温 ☀️ Uncle's Weekly Report｜2026.11.02—11.06 One-sentence summary This week the market didn't change direction, it changed the algorithm: from "telling stories" to "calculating returns." 1. This Week's Market｜Buy the outcome first, then sell the cost The US stock market experienced a full emotional reversal. On November 4, the Democratic Party achieved an overwhelming victory in the midterm elections, and the market initially bought in on the "elimination of uncertainty" as a positive. The Dow Jones rose 3.03% in a single day, closing at 53,356 points; the Nasdaq rose 1.44%, and the S&P 500 rose 1.59%. But just one day later, the market began recalculating the cost of policies and investments. On November 5, the Dow fell 3.44%, the Nasdaq fell 5.52%, the S&P fell 4.36%, and the Philadelphia Semiconductor Index plummeted about 12.25%, marking the second-largest single-day drop in history. The Nasdaq 100 dropped over 6%, with related component stocks losing about $2.5 trillion in market value in one day. On November 6, tech stocks staged a retaliatory rebound: the Nasdaq rose 1.09%, the Philadelphia Semiconductor Index rose 4.21%, but the Dow still fell about 0.5%. The rebound couldn't recover the week's losses: the Nasdaq fell 3.4% for the week, the S&P fell 2.7%, and the Dow fell about 0.9%. The weekly index looks not too bad, but the process was a violent valuation recalculation. The A-shares closed higher for the week but cooled noticeably on Friday. The Shanghai Composite Index rose 1.39% for the week, closing at 3,649 points; the Shenzhen Component Index rose 3.16%, the ChiNext Index rose 2.14%, and the STAR Market Composite Index rose 5.28%. But on Friday, the Shanghai Composite Index fell 1. #US Crypto Regulation: "CLARITY Act" Progress Stalled, 401(k) Rules Enter Final Review Employment range between 50,000 and 100,000, abnormal ETH fund positioning before Nonfarm Payrolls
ADP figures remain flat compared to previous values, employment status stuck at a vague boundary, unable to lock in market direction in advance. Traditionally, funds tend to move to safety before Nonfarm Payrolls, but now both longs and shorts are continuously building positions in the ETH market.
Only when the range falls between 50,000 and 100,000 does the market have room for recovery; below 50,000 or breaking through 100,000 will directly disrupt the previous market rhythm.
Review your ETH holdings and check if stop-loss positions can withstand the data impact.
$ETH $BTC $SOL 【CYBER repurchased $13 million in one year, can it really support the token price?】
Over the past year, Cyber has cumulatively repurchased about $13 million worth of $CYBER, with the team indeed putting real money behind supporting the token. Compared to the current circulating market cap of CYBER, which is about $20 million to $25 million, this amount is quite significant, nearly half of its circulating market cap.
However, the repurchase amount cannot be directly considered as permanently burned tokens, nor should it be understood that the team still holds this buying position. The official announcement did not specify the exact number of tokens repurchased, the average cost, or the subsequent handling method, which are the factors that determine its actual impact on circulating supply.
Currently, CYBER has rebounded from the low of about $0.23 on November 5, with the price once rising above $0.32, an increase of about 20% in the past 7 days. But on November 14, about 1.76 million tokens will be unlocked, accounting for about 2.9% of the current circulating supply.
The $13 million repurchase has indeed given holders some confidence, but what truly determines whether CYBER can sustain a continuous trend is whether the ecosystem has real demand and whether the repurchase can continuously translate into supply contraction. TRX as a whole remains in a sideways and relatively stable state, with very little intraday volatility, indicating that there is no obvious chasing or panic selling of funds. TRON's core advantages remain stablecoin transfers, on-chain payments, and a relatively high actual usage frequency. This kind of "cash flow-type public chain" tends to be more resistant to volatility than purely narrative assets during market fluctuations. However, TRX's explosive potential is usually limited, with more focus on the circulation of on-chain USDT, ecosystem data, and whether large funds continue to settle. The current trend's key point is not how high a single candlestick can pull up, but whether it can maintain a stable center of gravity and continuously attract incremental funds. $TRXThree things this week: money got expensive, dragged down by the stock market, and the backing changed.
① US October employment at 165,000, expected only 65,000, rate cut hopes dashed, interest rates remain high, both the dollar and US Treasury yields rise. Money becomes expensive, non-yielding assets get drained first—Friday's US stock rebound, BTC didn't follow, more important to watch than the candlestick.
② The big drop on the 5th wasn't an internal collapse, but a spillover. First, BTC was pushed up to 80,000 on policy friendliness, then AI returns became doubtful, Nasdaq fell 5.52%, chips dropped 12%, panic index soared to 70%. Once leverage broke, 1.24 billion liquidated in one day, 230,000 people wiped out, ETF outflows of 870 million over four days.
③ Valuation anchors recalculated: Democrats took both chambers, plan to expand SEC powers and restrict officials from touching crypto, loosening expectations pushed to 2028; Binance's 6.3 billion theft aftermath not over, 3.64 billion ran on first withdrawal day; Mainland also investigating Solana's illegal marketing in Shanghai.
In a nutshell: past price support relied on "easy money + relaxed regulation," now both have reversed. #美国10月非农超预期，12月加息押注升温 #美股暴跌后科技股反弹，纳指周线仍跌约3.4% $SNDK is pressured by midterm election bearish factors. SanDisk had been falling all along, so why did it suddenly surge yesterday and then drop back today, stuck at 835 in a sideways pattern?
First, let's answer the first question: why the rise?
1. The short-term drop was too steep, triggering a technical rebound demand [oversold rebound].
Also, after the price dropped near 800, a large number of shorts chose to close positions and take profits, which is [short covering].
At the same time, short-term [bottom-fishing funds] entered the market to speculate on a rebound, pushing the price up.
2. [Panic sentiment temporarily eased], and the market is testing the strength of policy implementation.
Because the policy proposals still have a long way to go before landing, execution, and taking effect—not an immediate cut—this gave a rebound window.
3. Cloud stocks like Microsoft $MSFT strengthened, boosting sentiment across the AI sector.
To add, Microsoft’s strength is because the Democrats restrict new data center construction, making existing computing power scarce, while cloud providers like Microsoft, Amazon, and $GOOGL have already built data centers, so they benefit.
Therefore, this rise has no new fundamental positive news, no order increases, no institutional target price upgrades—purely sentiment and capital speculation❗
Second, why did it fall back today and now move sideways?
1. The core bearish logic remains unchanged; the Democrats’ restrictions on the AI industry have not been lifted.
2. After rebounding to a high level, bulls concentrated on taking profits and exiting, while overhead trapped positions also reduced holdings at highs.
3. Bulls and bears entered a divergence phase, leading to sideways consolidation.
Due to limited space, the next article will discuss how to operate going forward👇$BTC has returned to just above 75,000, ETH dropped to 2226, and SOL is holding the 90 mark. The voices of bottom-fishing in the background are intensifying again, but I still say: no rush.
Look at a more honest indicator than price, the funding rate. A true oversold rebound rally is often accompanied by the funding rate being pushed to deep negative values, with shorts extremely crowded and a short squeeze providing the fuel. But the current #CircleQ3USDCVolumeUp49% Goldman Sachs lowers gold price forecast? That familiar feeling is back 😂
Whenever this kind of news comes out, it's actually a signal to pay more attention; the opportunity for gold might be coming soon.
Goldman Sachs is basically recognized in the industry as a contrarian indicator. A few months ago, it kept raising the $XAU target, but the market kept going down. Now it’s directly cutting the gold price forecast. Usually, this happens near the end of a market move, when forecasts are adjusted to align with current prices.
By the time they massively lower targets, a lot of bearish sentiment has already been fully released. Of course, this signal is worth watching. The Fed’s hawkish narrative has been priced in repeatedly by the market. If expectations ease even slightly afterward, the space for gold to rebound could open up quickly.
Gold’s volatility also transmits to $BTC; the two have always been linked as safe havens. If you want to track the rhythm of the linkage between precious metals and crypto, you can come to the homepage study group.
#美国10月非农超预期，12月加息押注升温 I think connecting prediction markets with cryptocurrency is like installing a cash register for the "I'm sure" comments in group chats. Priced in stablecoins and settled through contracts, verbal judgments suddenly have a price.
While buying coins focuses on price fluctuations, this focuses on whether a certain event will happen. But the odds are just opinions backed by funds; with a shallow pool, large orders can easily drown out other voices.
I'm more curious about who ultimately determines the outcome. The money is on-chain, but whether the event actually happened in reality still depends on the interpretation of the judgment clauses. How come watching the fun also requires reading comprehension?#美国10月非农超预期，12月加息押注升温
October nonfarm payrolls added 165,000 jobs, well above the expected 70,000, with the unemployment rate dropping to 4.1%. Once the data came out, the probability of a rate hike in December surged to over 68%, making rate cuts basically off the table. The market is moving in a very conflicted way: the Nasdaq rose 1.09%, the Dow Jones actually fell 0.46%, the Philadelphia Semiconductor Index jumped 4.2%, but the Nasdaq's weekly chart shows a cumulative drop of 3.37%, marking four consecutive weeks of decline. The gainers are the chip stocks that had previously fallen sharply and are now recovering, not new money coming in.
Next Tuesday's CPI is the real bombshell. Citi and Morgan Stanley both forecast core month-over-month CPI at 0.19%, significantly cooler than September's 0.33%, which looks like good news. But the 10-year US Treasury yield is still hanging above 4.85%, the dollar index is at 102.3, and the VIX is 25.6; financial conditions have not eased at all. Even if CPI meets expectations, interest rate expectations may not decline.
The crypto side is even more direct. BTC is stuck between 75,000 and 76,000, with nearly $300 million in leverage liquidated in 24 hours, bulls accounting for 80%. The batch at 80,000 was just liquidated, and ETF inflows have not yet returned.
My approach is simple: before the CPI release, I won't add positions in US stocks or crypto. Chasing highs at this level has too poor odds. I'll wait for the data to land and see whether the market kills expectations first or facts first, then decide which side to take. Moderna’s move from a roughly $200M Q3 loss to $162M in GAAP net income gives its raised 2026 revenue-growth outlook more weight than a simple beat would. Revenue grew 29% to $1.313B, suggesting the business is regaining operating leverage. Still, one quarter does not establish durability; the updated 15%-25% range leaves a wide execution band.
#ModernaQ3ReturnsToProfit The increase is in leverage, not spot.
Three-line table, any contract can be filled.
① Position ÷ Volume: HYPE position $126.0M, 24h volume $26.5M, ratio 4.8x, exceeding 3x means position pushing price.
② Funding rate: HYPE +0.0045%, XRP +0.0072% longs pay, BTC -0.0004% shorts pay, both directions, money doesn't uniformly favor bulls.
③ Increase × volume: HYPE +2.06%, volume less than 6% of BTC, increase because no one is selling.
How to use: all three lines point to leverage, don't mistake weekend red K for a trend. I won't chase, will reconsider when volume returns to $60M.
On weekends, are you more afraid of a spike or missing out?
Not investment advice, DYOR.
$HYPE $BTC $XRP #Hyperliquid #欧意星球 #OKXOrbit #CryptoAt 23:17 last night, I placed a BTC long order at $75,900, with a stop loss at $74,800 and a take profit at $78,200. It is now $76,118 — an unrealized profit of less than 0.3%, but the position size, stop loss, and target price are all public. Whether this trade ends in profit or loss, I will post the transaction record as is. The reason to follow me is simple: this account has posted a real-time position screenshot every day since November last year, with a win rate below 50%, but a profit-loss ratio maintained at 2.1.
What I want to say today is that the macroeconomic line is being ignored too much. #JobsReportRaisesHikeOdds and #OilPlungesBelow$100 are both on the market — crude oil falling below 100 means inflationary pressure is easing, but employment data pushes up the probability of rate hikes. These two signals contradict each other. The market’s current approach is to ignore macro and only trade small coins: ONE rose 60% in one day, while BTC only rose 0.7%, and ETH barely followed with 1%. I’ve seen this structure too many times; funds flowing out of mainstream coins into small-cap fringe coins usually do not mark the start of a new cycle but rather the end of rotation.
My judgment is: do not chase BTC above $78,200; instead, it is a zone to reduce positions. If this rate hike expectation continues to heat up, the stop loss at $74,800 will most likely not be triggered in vain.
#OKX Prophet The excitement belongs to them, but the account is mine 🫧 So who is really making money this round? Watching the market these past two days gives a very subtle feeling: on social platforms, there are cries of "liquidation," "zeroing out," and "never touching it again," yet BTC's candlestick chart is still there, moving steadily with a 5,000-point amplitude up and down, as if nothing has happened. On the surface, retail investors are crying, but the underlying structure is telling a different story—this round is not a one-sided crash, but a volatile market repeatedly harvesting high leverage. I've long since used up my bullets and thus avoided this sharp drop in global risk assets. But honestly, watching others get liquidated doesn't bring relief, it brings familiarity. For those with high leverage and large positions, BTC's 5,000-point swings are not a market, but torture. You can withstand direction, but not volatility. Emotionally, the market is no longer trading "up or down," but "who breaks first." With stronger-than-expected non-farm payrolls and rising bets on December rate hikes, these macro signals cause risk appetite to first contract then probe. BTC, as the leader of risk assets, loses its elasticity first; ETH and altcoins follow more slowly but fall more sharply. What is truly priced in advance is the expectation that "easing will return," not that "tightening has ended." The more bullish path is: the more thoroughly leverage is cleaned out, the lighter the subsequent rebound. Liquidation waves often mark emotional bottoms in phases, not tops. But the risk is clear—if macro pressure continues, capital preference will shift from "daring to bet" back to "survival mode," and altcoin rotations will become shorter and more superficial, making it easy for those chasing to get caught in a trap #伯克希尔巨额现金储备，财报将披露最新动向 As of the end of June 2026, Berkshire's cash and U.S. Treasury securities totaled approximately $364.7 billion, with Visible Alpha estimating a decline to about $358 billion by the end of Q3. This remains at historically very high levels. An intriguing market observation is that Berkshire's cash reserves essentially represent the "smart money's fear index"—the more cash held, the more patient capital believes there are no bargains currently.
This signal is significantly amplified at the current moment. On November 5-6, the Philadelphia Semiconductor Index plunged 12% in a single day, Bitcoin simultaneously fell below $76,000, and the crypto market along with AI tech stocks showed a highly correlated "risk asset resonance purge." Meanwhile, Berkshire's stock price hit a record high during the same period, with funds flowing into this "one of the strongest balance sheets in the U.S." seeking a safe haven. Against this contrast, the cash movements disclosed in Berkshire's earnings report directly provide pricing clues to the question of "whether the market has already fallen to an attractive level."
After Buffett steps down as CEO and becomes chairman in 2026, he reiterated his skeptical stance on Bitcoin, clearly stating that Berkshire "has no intention of holding any position in any cryptocurrency." The new CEO, Greg Abel, maintains this avoidance posture; Berkshire does not hold Bitcoin, spot Bitcoin ETFs, or any digital assets.A net inflow of 1,308.74 BTC, coupled with a sharp 79.46% drop in liquidation volume, only makes sense when these numbers are considered together. But is this really a return of buying pressure, or just the calm after leverage has been cleaned out? I was a bit stunned when I reviewed this data yesterday. A 24-hour net inflow of 1,308.74 BTC represents a 194.98% surge compared to the previous day and a 256.43% increase from seven days ago. Meanwhile, BTC liquidation volume has dropped to about $41.64 million across 3,152 orders, nearly an 80% decrease from the day before. With inflows expanding and liquidations plummeting, these two signals appearing simultaneously suggest the market is not necessarily "more optimistic," but rather "lighter." From a risk management perspective, the sharp drop in liquidations means high-leverage positions have been cleared, leaving holders with more stable cost bases and naturally reducing short-term passive selling pressure. The bullish path is clear: reduced floating supply and loosened selling pressure above. As long as spot buying continues, BTC is likely to move more smoothly, and sentiment for ETH and altcoins will also ease, creating fertile ground for risk appetite to expand. However, the risk is precisely hidden in this "calm." The net inflow data comes from a 24-hour rolling window of fund distribution and does not equate to actual position building by a single exchange or institution, so its reference value should be discounted. More importantly, the calm after leverage is cleared is often temporary; once prices accelerate again, new high leverage will quickly accumulate, making liquidation volatility even greater. The sentiment indicator currently hovering at zero also shows the market has not given a clear direction and is just temporarily holding back. My own Wall Street just changed its stance; the single-day data did indeed reverse, but there is still a gap between "one day turning positive" and a "trend reversal."
When this set of data is compared over a longer period, its quality is discounted.
$BTC: Reference price around 84500, it has the most solid capital support among the three. 85000 remains a clear resistance; whether it holds above this level is more worth watching than how much inflow there is. If it holds, look toward 86000; if it doesn't, a pullback is possible.
$ETH: A single-day inflow of 29.4 million is good, but the monthly chart's bleeding hasn't changed just because of one day turning positive. Whether 2500 can hold is more valuable as a reference than the single-day data.
$SOL: Reference price near 108.4, ETF turned positive in one day; if it can't break through around 110, the bulls who chased in will feel more discomfort than the institutions.
On the macro level, the Federal Reserve's October 28 interest rate decision has been finalized, maintaining rates at 3.75%–4%, basically in line with previous market expectations. After the result, whether funds continue to test or truly increase their positions, the continuity over the next few days carries more information than a single-day reversal.
No guessing the direction, just see who can hold the money for more than three consecutive days.
Are you more focused on BTC's test of 85000 or ETH's defensive quality around 2500? Let's discuss in the comments.
For record-keeping only, not investment advice.
#美股暴跌后科技股反弹，纳指周线仍跌约3.4%
#美国10月非农超预期，12月加息押注升温 After reading, I noted three things. 1. The current long-to-short ratio of OKEx $BTC contracts is 2.98, compared to 2.96 24 hours ago; meaning for every 1 short account, there are 2.98 long accounts. My judgment is: it can indicate sentiment bias, but judging market direction solely based on this 0.02 change is overestimating it.
2. This ratio only counts accounts, not position sizes. If most long accounts have small positions while short accounts hold large positions, then "more people going long" cannot be directly interpreted as "stronger long capital"; when I see a number close to 3, I remind myself not to confuse the number of people with the amount of capital.
3. The data updates hourly, and focusing on small changes like 2.96 to 2.98 easily leads me to imagine a new signal; a higher ratio also means long accounts are more concentrated. I include it in my sentiment checklist, especially watching for the possibility of the market moving opposite when readings are extreme, rather than using it to draw conclusions.
My checklist conclusion: remember which side the crowd is on, but don’t treat the number of people on each side as the directional answer. What would you add as a fourth point: when looking at the long-to-short ratio, which data do you most want to cross-check to avoid misinterpretation? Bitcoin and Ethereum Dilemma: Chips Have Cleared, but Sentiment Has Not
$BTC is repeatedly tugging between $75,000 and $78,000, while $ETH is consolidating narrowly around $2,200 to $2,300. In October, BTC fell 7.3%, ETH dropped 16%, and market breadth sharply contracted. On the surface, prices are stuck, but the root cause lies in the capital structure—both BTC and ETH spot ETFs are seeing net outflows, with ETH bleeding $1.6 billion in a single month, as institutional demand tactically retreats.
More subtly, the total open interest in the market has been compressed to a 12-month low, with leverage basically cleared out, yet the perpetual funding rate remains positive. This means chips have cleared, but the bulls unwilling to admit defeat are still paying to hold their "long" positions. The market is like a crowded room where no one wants to leave first, but no one dares to add more.
10x Research's judgment is: BTC may still reach $90,000 by year-end, but only after first dropping to $77,000–$79,000 to complete the final shakeout, and ETH will underperform BTC—value continues to flow to Layer 2, and ETH holders are not receiving sufficient returns. The key signal triggering a turning point is not a new price low, but a shift of the funding rate to negative. That would mean the bulls truly give up and the bottom structure is established. Before that, any rebound is just a correction, not a reversal.
In short: the drop isn't deep because no one dares to sell hard, and the rise stalls because no one wants to chase. When the funding rate turns negative, only then can the bottom be considered truly set.
#美国10月非农超预期，12月加息押注升温 The real liquidation line for 100x leverage is not -1%, but about -0.5% — this figure causes most people's risk models to be wrong from the start. The maintenance margin rate for $BTC is about 0.4%-0.5%, and with opening and closing fees, the price only needs to move against you by half a percentage point for the position to be forcibly liquidated. The same applies to 20x leverage: you might think you can withstand -5%, but the actual tolerance is only about -4.5%. Leverage never gives you "greater tolerance," but a much narrower lifeline than you imagine. What really kills accounts is often not the market, but three hidden expenses. The first is fees: each trade uses 10% of principal with 10x leverage, so the nominal position equals the entire principal, with a one-way fee rate of 0.05%, meaning opening and closing cost 0.1%; with two trades per day and 250 trading days a year, fees alone consume about 50% of capital. Before the market even moves, the exchange has already taken half. The second is the funding rate. At 0.01% every 8 hours, three times a day, about 11% annually. This means holding long positions in perpetual contracts like $BTC and $ETH is equivalent to paying an 11% "holding tax" per year — even if the price is flat, the account still shrinks. The third is the most hidden: unrealized profit averaging up your position price. Buying 10U, then adding the same amount at 20U raises the average price to 15U; the price only needs to fall 25% for your unrealized profit to turn into unrealized loss. Adding to positions amplifies both gains and costs, and is never a free amplifier. Looking at these three together, the conclusion is quite counterintuitive I carefully reviewed the trump card of this top Hyperliquid short whale (0x5b...c060) and was deeply impressed. $BTC $ETH $SNDK
Currently, he holds up to $620 million in perpetual short positions, heavily shorting BTC (average price $76,390), ETH ($2,322), and SOL. His total profit has astonishingly reached +$220 million, with nearly $42.44 million earned in just the past 7 days.
But what shocked me the most was his resilience. The profit and loss curve shows that he was once deeply stuck in nearly $200 million of unrealized losses. He was not shaken out but relied on his massive capital base, using a 5-7x full-position strategy to tough it out. The extremely distant liquidation price made him fearless of short-term spikes, and he continuously harvested tens of millions in funding fees paid by longs.
In my view, his strategy is extremely clear: large capital, low leverage, high tolerance for risk. He does not engage in short-term speculation but precisely positions at high levels, firmly believing in the macro downtrend. This is a victory "endured" with real money. For me, this not only reminds me not to blindly imitate whales holding positions but also confirms that mainstream assets still face huge downward pressure. #美国10月非农超预期，12月加息押注升温 #伯克希尔巨额现金储备，财报将披露最新动向 📊 Berkshire's Q3 Earnings: The "Silent Deterrent" of $358 Billion in Cash
👉 Key Data: Q3 revenue expected around $97.3 billion, up 2.5% year-over-year; EPS expected at $5.91, down 5.6% year-over-year. Insurance underwriting is a weak spot—FactSet forecasts underwriting profit to plunge 54% year-over-year to $1.47 billion, with ongoing competitive pressure on GEICO. The market is focused not on profits but on cash: $365.5 billion at the end of June, with Visible Alpha expecting a drop to $358 billion by the end of September.
🗣️ Abel has taken action, but not in the crypto space
The cash decline is not a bet on risk assets but Abel spending money. In Q2, $4.5 billion was repurchased at an average price of $487.98; net stock purchases were about $20 billion, including a $10 billion AI bet on Alphabet, but Google's stock price is now over 20% below the purchase price, showing an unrealized loss. In July, a $6.8 billion acquisition of Taylor Morrison was completed. These three paths simultaneously consume the stockpile, marking a shift in capital allocation style in the "Abel era." Family, the most interesting part of liquidation data is not the total amount, but the cycle reversal
As of 04:43 UTC on November 7, the visible liquidation panels on Binance, Bybit, and OKX show: about $1 million in the last hour, longs 55.1%; $11.21 million in 4 hours, longs 79.2%; $27.15 million in 12 hours, longs 64.3%; $117.4 million in 24 hours, longs 65.6%. OKX only samples partially, this is not the full market total.
In the short term, long and short liquidations are close in the last hour, but in 4 hours there is a clear liquidation of longs. Recent selling pressure may have weakened, but it cannot be said that the bulls are safe; reduced liquidation may also just mean the price is temporarily holding.
OKX's $BTC contract snapshot at 05:19 UTC: price about 75,898, up slightly 0.28% in 24 hours, OI about $2.623 billion, down 1.66% in 24 hours. Price stabilization and reduced positions look more like a breather after deleveraging, not a full entry of new bulls.
I will first watch if OI can stop falling, then see if spot trading can take over. Do you think liquidation is over, or just a temporary breather?
#美国10月非农超预期，12月加息押注升温 #美股暴跌后科技股反弹，纳指周线仍跌约3.4% #BTC现货ETF年内累计净流出约4.16亿美元