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$SPCX After this midterm election, the real concern might be rockets!
With the Democrats taking control of the House, Musk's days might not be so easy. After all, he previously invested a lot of resources in political battles, and now that the congressional landscape has changed, subsequent scrutiny around government contracts, funding support, and SpaceX-related collaborations could increase uncertainty.
Especially government orders and related contracts—once they attract more attention, the market will inevitably reassess SPCX's outlook.
Although many tech stocks and the storage sector rebounded today, the performance of big rockets was noticeably weak, which is a signal worth watching.
My approach is clear: no rush to bottom-fish in the short term; instead, focus on shorting opportunities during rebounds.
Operationally, continue to watch the resistance around 135, and patiently wait for rebound opportunities near 125.
The end of the election does not mean the end of risks; some stocks' tests may just be beginning! $SNDK $SKHYNIX #美国中期选举：民主党赢得国会两院控制权 The Crazy Comeback of Gold: From the Shadow of a Plunge to a Strong Rebound, Is $4000 a New Starting Point or the Bulls' Last Celebration? $XAU
When everyone was doubting whether the gold bull market had ended, gold declared its presence to the market again with a strong rebound.
On November 4, 2026, the gold market once again became the focus of the global financial markets.
After a significant prior adjustment, international gold prices saw a strong rebound. Spot gold rose nearly 3% at one point, climbing back near the $4000/ounce mark, with a weaker dollar being a key driver of this rebound.
But what truly deserves attention is not how much gold rose today, but a deeper question:
Is gold brewing the next historic rally, or is it using this last wave of rebound to lay the groundwork for a deeper correction?
This could be one of the most closely watched financial market battles in Q4 2026.
1. The Gold Market Is Staging a Thrilling Reversal
Looking back at gold’s performance in 2026, one word sums it up: wild.
At the start of the year, international gold prices hit a historic high of $5595/ounce, then sharply retreated, falling to around $4000.
From the peak to this phase low, market sentiment changed dramatically.
Investors who were once firmly bullish on gold began to hesitate, and voices claiming the gold bull market was over grew louder.
However, on November 4, gold suddenly launched a strong counterattack.
According to Reuters on November 4, spot gold rose about 2.9%, reaching around $4041.77/ounce.
Behind this rebound were important factors: a weaker dollar, changes in the U.S. political landscape, and the market’s reassessment of future economic policies.
But there is a phenomenon worth pondering here:
Why can gold still quickly attract market funds after such a large adjustment?
The answer may not be just inflation.
Rather, global investors’ uncertainty about the future financial environment has not truly disappeared.
2. The Dollar Is Losing Some Advantage, Gold Regains Opportunity
There has long been a complex competitive relationship between gold and the dollar.
When the dollar strengthens, gold priced in dollars often faces pressure; when the dollar weakens, gold usually gains upward momentum.
The gold rebound on November 4 reflects this market logic.
The U.S. midterm election results changed some market expectations about U.S. political and fiscal prospects, weakening the dollar and giving gold new upward momentum.
But the dollar is only part of the story.
What truly influences gold’s medium- to long-term trend is global investors’ comprehensive judgment on dollar assets, government debt, inflation, and monetary policy.
If the market starts worrying about the continued expansion of the U.S. fiscal deficit or doubts the dollar’s long-term purchasing power, gold’s appeal as a non-sovereign credit asset could further increase.
It should be noted that the dollar and gold do not always move strictly inversely. Real interest rates, capital flows, and market risk appetite can also alter their relationship.
Gold’s true competitors have never been just the dollar, but other assets within the global financial system.
3. Central Banks Are Sending a Clear Message: Gold Remains Important
If short-term gold prices are influenced by market sentiment, then central banks’ gold purchases deserve even more attention.
The World Gold Council’s Q3 2026 gold demand report released on November 3 shows:
Global central banks’ net gold purchases in Q3 reached 321 tons, a 42% year-on-year increase.
Central banks’ net gold purchases for the first three quarters of 2026 totaled 675 tons.
Global gold ETFs saw a net inflow of 211 tons in Q3.
Global gold ETF holdings reached a record high of 4256 tons.
These data send a very important signal:
Gold has not lost its strategic allocation value despite price adjustments.
For central banks, gold is not just a precious metal but a tool for reserve asset diversification.
It does not rely on any country’s credit promises nor depend on a single currency system to maintain its value.
In the context of ongoing changes in the global economy, geopolitics, and international financial environment, this attribute is especially significant.
However, another fact cannot be ignored: high gold prices are suppressing some physical gold demand.
World Gold Council data shows that global gold jewelry demand in Q3 fell 17% year-on-year, and demand for gold bars and coins dropped 19% year-on-year.
This means the gold market is showing clear differentiation:
Institutions and central banks still maintain certain allocation demand, while some ordinary consumers are becoming cautious about the high prices.
This is a battle between different types of capital.
4. Gold’s Biggest Enemy May Not Be a Plunge, But High Interest Rates
Many believe that as long as global economic uncertainty exists, gold will rise.
This understanding is incomplete.
One of gold’s biggest characteristics is that it does not generate interest.
When U.S. Treasury yields continue to rise or the market expects the Federal Reserve to maintain higher interest rates, the opportunity cost of holding gold increases.
Investors may reconsider their capital allocation.
This is why gold sometimes shows seemingly contradictory behavior:
Global economic risks increase, yet gold falls instead of rising.
The 2026 gold market has fully demonstrated this complexity.
According to Reuters on October 27, due to relatively high U.S. Treasury yields, a stronger dollar, and changes in interest rate expectations, analysts lowered their gold price forecasts for the year.
Yet market reports on November 4 show traders still expect a high chance of a Fed rate hike in December.
This means gold has not entered a frictionless upward environment.
Whether gold can sustain its rebound largely depends on changes in the dollar, real interest rates, and Fed policy expectations.
If rate pressures strengthen again, the rebound momentum gold just built could be tested once more. $BLUR is priming for a violent bullish reversal.
Key support levels are holding firm as buyers step in to absorb dip supply.
Buy Zone
0.007450 - 0.007655
Ep
0.007550
Tp
0.008000
0.008500
0.009100
Sl
0.007200
Selling exhaustion has set in cleanly while aggressive bids form a solid foundation. Expect a fast upside expansion wave toward higher liquidity pools.
Let's go $BLUR
#OKXOrbitTopics Circle ($CRCL) reported Q3 2026 results. Shares first rose ~3.7% pre-market, then reversed to about -3.2% at $72.83. Key numbers: Revenue + reserve income: $865M (+17% YoY) Net profit (continuing ops): $226M (+5%) Adjusted EBITDA: $317M (+85%) What stands out: 1️⃣ Core income is shrinking. Reserve income fell 8% to $658M, while other income surged 627% to $207M, with $182M coming from the ARC token presale. Headline growth leans on this line. 2️⃣ Usage is outpacing monetization. Average $USDC su$BTC BTC first dropped to 75731 today before pulling back to 77700, with an intraday swing of 3000 dollars. It rebounded after the Democrats won all seats in the midterm elections. But look, the fear index is only 34, and retail optimism is 58 — the market hasn't fully trusted the price rise yet.
The funding rate is neutral at 0.01%, open interest barely moved, and stablecoins shrank by 1 billion. This wave is just short covering, not new money entering. Don't think a bull market has arrived just because prices are rising; in a real bull market, the funding rate would surge above 0.03%.
My view is: the rebound is real, but it's just a cover. Before the last FOMC, I stayed out waiting for the result; when the statement came out and it jumped 10%, I missed it. This time I won't miss out again, but I also won't chase the highs. 76000 is the bottom, 78000 is the top, trade within that range. If someone tells you it will break out, let them push the funding rate up first. #美国中期选举：民主党赢得国会两院控制权 #美国10月非农前瞻：就业增长或牵动12月加息预期 #BTC现货ETF资金流出，企业财库增持放缓 #CircleQ3 revenue exceeds expectations, USDC on-chain transaction volume grows by 49% #Oracle AI cloud business grows rapidly, plans to raise $20 billion to support expansion
The leader has something to say
Oracle's $20 billion financing round has directly slammed market sentiment into a big pit. Issuing 1 billion new common shares at an 11% discount, priced at $116, plus $10 billion in bonds, with new bond spreads 95 basis points higher than old bonds, interest rates heading toward 8.6%.
On one hand, the cloud business is indeed booming. Last fiscal quarter OCI revenue surged 84%, cloud infrastructure sales grew 121%. On the other hand, it became the first large tech giant with negative free cash flow, with a $23.7 billion outflow in fiscal 2026 and total borrowings exceeding $125.3 billion.
I believe Oracle has been completely hijacked by the AI infrastructure arms race. Just days ago it promised a financing cap, then immediately maxed out the quota. S&P even downgraded its rating to BBB-, and the market started pricing its new debt according to junk bond logic.
Oracle's predicament represents a turning point for the entire AI infrastructure narrative. Capital is no longer blindly paying for computing power and is beginning to scrutinize huge debt and return cycles. The crypto market is extremely sensitive to this kind of structural credit squeeze, which often first manifests as a contraction in risk appetite.
BTC is still oscillating between 77,000 and 80,000, watching to see if it can hold above 80,000. If it can't hold, expect a deeper pullback, with resistance above at 84,000 to 85,000. Don't chase the rally or sell in a panic; set your stop losses properly.
The above analysis is time-sensitive; orders must have stop losses set. Good luck. $BTC $ETH SMCI's earnings report blew past expectations, surging to about 35 after hours, then dropping back to 31.4 before the US market opened. I'm not chasing it.
Here's what I saw: The official IR (11/3) recorded Q1 revenue at $19.9 billion (up about $500 million YoY), Non-GAAP EPS at $1.81; Q2 guidance at $19.5–21.5 billion, full year at $72–82 billion.
Yahoo reported that after closing at 31.39 yesterday, it briefly hit 33.65 after hours (about +7.2%).
OKX perpetual is around 31.45 now, 1-hour K chart high at 35.01; Nasdaq pre-market about 31.41 (8:01 AM ET).
CNBC on the same day wrote that with Democrats sweeping both chambers and a change in Texas governor, data center stocks are under pressure.
My take: The earnings numbers are solid, but the political landscape has knocked down the AI infrastructure premium; the spike and pullback feels more like profit-taking than confirmation of a new trend.
What I'll do: Watch and not chase. First, see if it can hold above 33 again; if it falls below yesterday's close of 31.39, the short-term earnings rebound narrative fails.
What do you think? Should we wait for a rebound above 33, or wait for a break below 31.4 to confirm failure before deciding?
$SMCI $NVDA $AMD
#美国中期选举：民主党赢得国会两院控制权 #AMD数据中心收入近翻倍，营收及指引均超预期 ONDO rose slightly against the trend by 1.84% to stand at $0.392, with a market cap of $1.91 billion highlighting the fundamental resilience of the RWA sector. However, the daily volume of $2.41 million only accounts for a turnover rate of 0.13%, with social sentiment completely lacking on both bullish and bearish sides, and smart money net short positions at zero, presenting a divergence pattern of "price rising with volume shrinking, smart money watching from the sidelines."
Although the narrative of physical asset tokenization has a long and solid foundation, pricing power in the secondary market has shifted from narrative to fundamental realization. ONDO's current valuation implies an annualized yield of about 4.5%, with a risk premium over U.S. Treasury bonds of only around 100 basis points, compressing the safety margin to the extreme. On-chain data shows the number of institutional holding addresses has slightly increased for three consecutive weeks, but the average holding per address has decreased, indicating retail investors are taking over — a signal that adjustments are likely to continue before the expected interest rate decline materializes.
Core judgment: ONDO's valuation has already priced in short-term positives. Without new TVL or protocol revenue catalysts, the probability of a pullback to the $0.35–$0.37 range to reshape the risk-reward ratio is relatively high.Wall Street funds are starting to "change faces" again. What do you think about this rebound?
Friends in the community, have you noticed? Wall Street's moves this time are really hard to understand. A few days ago, they were collectively retreating, and today they are buying, buying, buying again.
Data: BTC net inflow of 40.8 million, ETH inflow of 29.4 million, and SOL has also turned positive. The three major forces are simultaneously recovering, but does this really mean the market is about to reverse? Let me pour some cold water on that.
We can't just look at one day's data. ETH has had a net outflow of 680 million over the past 30 days, and SOL has also seen an outflow of over 50 million. This shows that although institutions have turned back, they have not fully shifted to bullish. Looking at current prices: BTC is at 84,500 (with strong resistance at 85,000), ETH at 2,507 (a battle around 2,500), and SOL at 108.4 (110 is hard to break).
This rebound might just be the calm before the storm.
Let's talk opinions: Do you think this wave of funds is here to bottom-fish or to do short-term swing trading? Before 10.28, would you choose to go heavy for a gamble or light to observe? Share your thoughts in the comments!
This is just a market record and does not constitute investment advice.
#美国10月非农前瞻：就业增长或牵动12月加息预期
#美国中期选举：民主党赢得国会两院控制权
#CircleQ3营收超预期，USDC链上交易量增长49% #US Midterm Elections: Democrats Gain Control of Both Houses of Congress
Will Trump retaliate? After the Democrats won both chambers, the American political drama is just beginning!
Facing Democratic control of both the House and Senate, how will Trump respond next?
I believe he is unlikely to fully concede and will instead adopt three strategies.
First, continue to use executive power to push tariffs, immigration, trade, and foreign policies, trying to maintain his policy initiative.
Second, seek bipartisan common ground to cooperate on budget, infrastructure, employment, and some industrial policies.
Third, turn Democratic control of Congress into his political bargaining chip. If the economy performs well, he can claim it as the government's achievement; if it performs poorly, he can blame Congress for obstructing policies.
Of course, Democrats won’t sit idle either; congressional investigations, hearings, and budget negotiations may become the norm over the next two years.
This means American politics may become livelier, but major policy changes could slow down.
For the market, the most important thing is to watch whether both sides escalate political battles into a fiscal deadlock.
Politicians can argue, but investors have to do the math. Hopefully, both sides remember that the economy is not a debate contest, and the people's wallets are the real judge!$BTC $ETH Observation: Contract funds are increasing positions, spot ETFs have had outflows for 7 consecutive days
ETH is currently at $2319, up 1.70% in 24 hours, with a low of $2226, slightly stronger than BTC's 1.46%
Funds are moving in opposite directions on both sides. CoinDesk data shows ETH contract open interest increased by 4.2% in one day, outpacing the price increase during the same period, while BTC open interest only increased by 1.6%
On the spot side, SoSoValue reports that on November 3, ETH spot ETFs had a net outflow of $85.35 million, marking the 7th consecutive trading day of outflows, with BlackRock's ETHA alone seeing an outflow of $74.44 million
Options are not following the rally either; among the 6 most active ETH contracts, 4 are bearish, while BTC is the opposite
Regarding levels, the 200-day moving average is at 2313, the current price has just risen above it, with the 100-day moving average at 2350 as the first resistance. If 2313 does not hold, it will return to the previous weak structure. #US Midterm Elections: Democrats Gain Control of Both Houses of Congress
With Democrats controlling both chambers, will Crypto regulation change? Bitcoin investors, don't pop the champagne just yet!
With Democrats winning both houses, the biggest concern in the Crypto market is: will US cryptocurrency regulation suddenly shift?
My view is that the biggest short-term change may not be immediate tightening or loosening of regulations, but rather that the legislative process and policy negotiations will become more complex.
Democrats control congressional committees and agenda-setting power, which could strengthen oversight of the crypto industry, trading platforms, stablecoins, and digital asset markets.
However, the Democratic Party's stance on Crypto is not entirely unified; it cannot be simply labeled as fully supportive or fully opposed.
For BTC, what truly matters is whether US institutions can obtain a stable, clear regulatory framework, and whether long-term funds like pensions, funds, and publicly listed companies continue to participate.
There may be news-driven market moves in the short term, legislative progress in the mid-term, and ultimately it depends on adoption and capital demand in the long term.
I have always believed that clear regulation is more important than regulatory slogans.
What Crypto needs is not a policy direction that changes every day, but a system that allows innovators to work with peace of mind and investors to have rules to follow.
After all, the market can be volatile, but the rules are best not to drift! $BTC $XLM is priming for a violent bullish reversal move.
Key demand levels are providing maximum support for buyers.
Buy Zone
0.1580 - 0.16237
Ep
0.1600
Tp
0.1700
0.1800
0.1920
Sl
0.1530
Selling pressure has dried up completely near structural support. Expect an explosive upside push as buyers re-engage with heavy volume.
Let's go $XLM
#OKXOrbitTopics $xTSLA is setting up a high-probability bullish reversal right off major support.
Selling pressure has fully dried up as buyers absorb the local order blocks.
Buy Zone
368.00 - 376.33
EP
368.00 - 376.33
TP
390.00
405.00
422.00
SL
359.00
Volume profile indicates steady accumulation forming a tight launchpad near the base. A clean reclaim of immediate resistance paves the way for a rapid upward stretch.
Let's go $xTSLA
#OKXOrbitTopics . $BTC #美国中期选举：民主党赢得国会两院控制权 The crypto president is still here, but the crypto Congress is gone. The midterm elections have concluded, with the Democrats sweeping both chambers. Over the past 18 months, Trump conducted an unprecedented experiment in the crypto space: on one hand, providing the friendliest regulations in history, and on the other, having his family directly cash out. Now the experiment is over, and the accounts need to be settled. A long article explains the whereabouts of this $2.3 billion. First, look at a set of symmetrical numbers. Trump's family crypto profits: over $2.3 billion. During the same period, over 1 million retail investors suffered net losses: about $2.3 billion. Money in equals money out, almost exactly. This is no coincidence. The family controls 60% of World Liberty Financial's equity, and the TRUMP coin's royalty mechanism collects fees regardless of price fluctuations. Retail investors are not investors; they are exit liquidity. To be fair, he did give the crypto world what it wanted most. The federal stablecoin bill was passed, a strategic Bitcoin reserve was established, the SEC shifted from lawsuits to handshakes, and Bitcoin ETFs saw a cumulative net inflow of $57 billion. As a result, Bitcoin surged to a historic high of $126,000. This is the institutional recognition the crypto world has waited a decade for. But the cost is recorded in another ledger. WLFI tokens have dropped 80% from their peak, and TRUMP coins have fallen 98%. A single tariff tweet caused $19 billion in liquidations in one day. In the most policy-friendly year, 2025, Bitcoin actually ended the year down 18%. Policy provided certainty, but macro factors took that certainty back. On November 3, the electionBitcoin has rebounded from a six-week low, climbing back above $78,000, but during the same period, Bitcoin ETF outflows have exceeded $1.15 billion, and institutional selling pressure is beginning to ease. The price is rising while funds are withdrawing; this divergence itself is worth close attention.
On one side, ETFs continue to see net outflows and institutions are reducing positions; on the other, the price refuses to drop further, with short-term buying returning. The $78,000 area is a recently confirmed support level. Whether the rebound holds depends on two key points—whether ETF outflows converge and whether trading volume expands with the rebound.
If outflows persist and the price only shows pulse-like surges, it is more likely short-covering rather than genuine buying. Practically, it is unwise to blindly chase highs before ETF funds turn positive. Focus on daily ETF net inflow data and whether the $78,000 support is tested again.
Source: CryptoNews
#BTC
Are you more concerned about ETF outflow convergence or the $78,000 support being tested again? There's something I've never quite understood: when a company issues bonds, why does everyone rush to buy them?
Meta issued euro bonds for the first time, and subscriptions flooded in for €53 billion. The pre-market stock price even rose 0.61% to $626. My first reaction was, if they're borrowing money, doesn't that mean they need money? How can needing money be a positive signal?
Later I realized, they’re not actually short on cash; the market recognizes them. Issuing bonds is like selling credit as a commodity—the better it sells, the more it shows there are buyers.
From the crypto side, it feels a bit sour. $BTC is constantly questioned about its real-world use, while Meta’s bond money lines up at the door.
The difference isn’t in the quality of the assets, but whether there’s an established pricing mechanism. Don’t use this to hype crypto; where one side is crowded, the other naturally cools off. The most valuable thing about Dogecoin isn't necessarily its hype. It's the fact that it has survived for more than a decade. Thousands of crypto projects have disappeared, but DOGE is still here, supported by a recognizable brand, loyal community, exchange access, and global awareness. 1. Lindy's Law
The longer something survives, the more confidence people may develop in its continued existence. DOGE has already survived multiple bull and bear markets. 2. Community Is Its Biggest Asset
Its recMeta gave the bond market a number last night: €53 billion.
First, let's look at the phenomenon. Meta rose 0.61% pre-market, trading at $626. At the same time, the company entered the euro bond market for the first time, receiving subscription demand of €53 billion, setting a record.
Now, the structure. The €53 billion is subscription demand, not the issuance size. Only a small portion actually received bonds; the rest is queued money that didn't get allocated. The oversubscription doesn't measure how much money Meta needs, but how much capital in the European bond market is waiting for the name of a US dollar tech giant.
Mechanically, this is a credit pricing event. A US company borrowing in the euro market means putting its balance sheet into another interest rate system for repricing. The crazier the subscription, the cheaper the price this system offers. For those watching macro, it's a signal: long-term money is still looking for duration, not running away.
The relationship with crypto is not causal but about sentiment. The fact that a giant can smoothly raise money in the bond market shows risk appetite hasn't died out. But on the other hand, this money might have gone to higher volatility places but is now held by coupon yields. $BTC is the most sensitive to liquidity and won't get incremental inflows in the short term.
My judgment: this should not be read as a crypto positive but as a record of capital diversion. If a batch of tech companies follow with euro bond issuances, it's collective action; if only Meta does, it's an isolated event.
One question remains: of the €53 billion subscription, how much is buy-and-hold allocation and how much is first-day flipping trading?The Republican Party suffered a crushing defeat in this midterm election, with the Democratic Party regaining control of both chambers of Congress. This outcome means that Trump will be in a "lame duck" status for the next two years, facing risks of investigations and even impeachment; for Musk, his massive political investments are lost, and his companies will face stricter regulatory scrutiny from the Democrat-led Congress. After the election results were announced, Tesla's stock price fell more than 6% in pre-market trading, SpaceX dropped about 5.6%, significantly underperforming the broader tech stocks.Prediction-market expectations are increasingly pointing toward Democrats gaining control of Congress, with reported odds reaching 70%. Midterm elections are often viewed as a referendum on the sitting president. Economic conditions, inflation, public sentiment, and policy controversies can all influence the outcome. But political history also reminds us that polling expectations do not always translate into final results. What could this mean for markets? Bitcoin: Regulatory expectations, instiPrediction markets are heavily betting on a major Q3 revenue beat for Circle Internet Group Inc. ($CRCL). Ahead of its upcoming earnings report, Polymarket odds have climbed to a 73% chance that the USDC stablecoin issuer will surpass a GAAP EPS of $0.37.
Wall Street analysts estimate Q3 revenue will hit $791.2 million, marking an impressive 12.8% growth quarter-over-quarter and a 7% jump year-over-year. #CircleQ3RevenueBeat A friend told me that BTC always declines after US midterm elections. But looking at history more closely, that conclusion misses an important detail. 2014: BTC was trading below a declining 200-day moving average, with no confirmed trend reversal. 2018: Another deep bear-market phase. Price remained under major moving averages, and the broader downtrend was still intact. 2022: The market was also dealing with a prolonged bear-market structure. 2026: The technical picture is different. BTC previ$RIOT
$28 billion. Riot has leased out the entire 910MW IT capacity of the Corsicana campus, according to the 20:46 breaking news.
The flip side of the same document is: in the first three quarters, they sold 20,264 BTC, cashing out $1.5 billion, and used the money to build data centers. Miners have turned themselves into data center landlords; the coins are fuel, not positions.
The token reacted sharply. At 20:00, it jumped from 13.9 to 15.3, with 8,615.8 contracts traded, compared to 582.8 contracts previously, a fifteenfold increase; over 24 hours, it rose from 12.06 to 14.98, up 24%.
The pool is ridiculously thin. OKX perpetual positions are only 4,563 contracts, equivalent to $69,000, with a fee rate of 0.0000. Those entering at this price are news-driven hands, not position-building hands.
This morning I was still writing about misreading the semiconductor double top, and tonight I encountered another one I dare not chase. Understanding and profiting have always been two different things.
#美国中期选举：民主党赢得国会两院控制权 $ETH's rhythm today is quite similar to Bitcoin's, with a surge followed by a pause, hovering around 2310.
The long-short ratio is about 1.48, with bulls making up nearly 60%. The sentiment leans bullish but isn't extremely crowded, unlike SOL which has a scary clustering. Funding rates are mostly positive, occasionally dipping into negative territory, indicating many short-term traders are doing high sell and low buy, not blindly pushing in one direction.
The first short-term resistance is between 2360 and 2390, where there is selling pressure ahead; breaking through requires volume. The strong resistance lies between 2440 and 2470, a key watershed for opening up upside space.
Defensive support is first seen at 2260; holding here means the short-term bullish momentum remains. If volume breaks below this, the next support is at 2200, and breaking that calls for caution as rebounds may weaken.
In summary: biased bullish but not blindly chasing. Currently, it's a consolidation test after a rebound. Until resistance is broken with volume, chasing highs has average cost-effectiveness; it's much more comfortable to consider buying after a stable pullback at support.Binance hackers are still dispersing SOL tokens into multiple new wallets. Several days have passed since the hack, but the funds continue to flow!
According to Bitquery data, about 41,000 $SOL have been exchanged for USDC and distributed across multiple wallets. Other branches of this cryptocurrency are also transferring assets between different networks via bridging and THORChain.
I think it's worth noting not only the volume of SOL sales but also the increasingly complex tracking process. How long do you think this selling pressure from the hackers will last? #CircleQ3 revenue exceeded expectations, USDC on-chain transaction volume increased by 49% $xCRCL Why are so few people buying into Circle's narrative now? I think there are two reasons:
1. The business model is inherently fragile: profits are highly tied to the Federal Reserve interest rates, and revenue is single-sourced. The vast majority of profits come from interest on USDC reserves in U.S. Treasury bonds, but its scale grows very slowly.
So even though U.S. Treasury yields have surged recently, $CRCL hasn't risen much because everyone is looking at expectations.
2. Recently, it also faces selling pressure from the 180-day lock-up release after the IPO, and continuous insider selling by directors. As long as there is a large potential sell-off looming, institutions will not actively sustain net inflows.
But it must be said, Circle's narrative is still very appealing.
Within two years, Stripe, Mastercard, and Circle itself have acquired a total of three stablecoin companies, with a total amount exceeding $3 billion. The main battlefield for stablecoins is shifting from issuing coins to consolidating infrastructure, and Circle is one of the key players at the table.
Moreover, Circle's coin price slightly rose this week, performing much better than major coins like $BTC. Bitcoin saw nearly $400 million net outflow from ETFs in October and briefly dropped from 84,000 to 81,000.
So when will the coin price have a major breakthrough? I think it depends on capital entering the market.
1. The Federal Reserve's rate cut expectations are fully priced in, U.S. Treasury yields stabilize, and the interest rate spread no longer continues to compress;
2. Stablecoin legislation details are implemented, clarifying the compliance framework and eliminating the greatest regulatory uncertainty; $TIA is unlocking a powerful bullish continuation setup.
Bulls are shattering local resistance with strong volume confirmation.
Buy Zone
0.4350 - 0.4456
Ep
0.4400
Tp
0.4650
0.4900
0.5200
Sl
0.4220
Steady accumulation is laying the groundwork for a heavy vertical expansion. Buyers remain completely in control of the trend structure.
Let's go $TIA
#OKXOrbitTopics The Hong Kong Legislative Council has passed the crypto asset reporting framework, along with the revised Common Reporting Standard. Simply put, this means incorporating crypto assets into the "automatic exchange of tax information" system, starting from 2028, to exchange tax-related information with other tax jurisdictions.
Previously, this mechanism mainly covered bank accounts and traditional financial accounts. Now that crypto assets are listed separately, platforms operating in Hong Kong need to identify users' tax residency status, report account and transaction information according to a unified standard, and then conduct cross-border exchanges.
For $BTC, the direction is towards increased transparency. Funds held under the "can't be traced" approach will feel pressure; conversely, clear rules are a plus for institutions preparing to enter the market, as it addresses the question of "dare to comply" rather than "want to buy or not." The implementation of such frameworks is a slow-moving variable; it may not change prices in the short term but will gradually alter the composition of capital.
Next, three things to watch: first, the pace at which major jurisdictions follow suit—if they lag, information exchange won't happen; second, whether the compliance costs of platforms will be passed on to ordinary users; third, whether there are changes in address migration and custody choices for large, long-term holders. Assets like Bitcoin are being incorporated into traditional financial reporting systems, and this trend is now difficult to reverse.
Hong Kong passes the crypto asset reporting framework revision $WLD 1. World releases online dating anti-AI fraud survey On November 2, World published a US online dating survey conducted by Harris Poll. Data shows that 74% of dating users suspect they have matched with fake accounts, and 81% say they would be more willing to use the platform if it could verify that users are real people. World aims to solve AI fake accounts, bots, and identity fraud issues through World ID (human identity verification). Currently, this technology is already providing verification services on Tinder (dating platform) in the US and Japan. Analysis: This indicates that WLD is seeking new business entry points and has made progress. Placing the real-person verification feature on dating apps is very promising and is a long-term positive, but in the short term, it is only a minor positive since no clear commercial revenue has been seen. 2. Whale transfers 56.15 million WLD to exchanges On November 3, TokenPost reported that a large holder transferred 56.15 million WLD to Bybit, OKX, Binance, and Gate within the previous 10 days, valued at about $25.85 million. Additionally, on-chain data shows Binance also dispersed about 10 million WLD to multiple addresses. Analysis: Transferring to exchanges means the whale intends to trade and sell. Such a large spot volume can easily bring selling pressure causing the price to drop, which is bearish. 3. World Cha$AAVE is coiling inside a tight accumulation block with buyers fully in charge.
Momentum is primed to erupt as price approaches key resistance levels.
Buy Zone
127.50 - 130.30
EP
127.50 - 130.30
TP
136.50
143.00
150.00
SL
124.00
Structure remains firmly bullish above support, showing zero sign of weakness. Sustained buyer pressure will trigger a high-velocity expansion leg up.
Let's go $AAVE
#OKXOrbitTopics . $BTC's big move today looks quite exhausting. It pulled up all the way to the high of 78690, then immediately plunged, now oscillating around 78200.
From the long-short data, the bulls still have a higher proportion, but the long-short ratio has gradually dropped from the peak, with many short-term bulls taking profits during the surge. The funding rate remains positive, indicating that the market's underlying sentiment hasn't turned bearish yet; it's just that after reaching the previous high, the courage to chase higher has clearly diminished. The 15-minute chart's MA20 and MA50 are still supporting the price, so the short-term trend hasn't deteriorated directly, but that long upper shadow is there. To continue breaking upwards, volume increase is a must.
Regarding resistance, the first hurdle is 78600–78800, which is the level where the price was just pushed down. Without volume, a hard push through here is basically a secondary bull trap; further strong resistance is seen at 79500–79800.
For defensive support, watch 77500 first. Holding here means the market can continue to fluctuate within the range; if volume-driven breakdown occurs, the next support is at 76800. Losing this level would require reassessing the short-term rebound rhythm.
In short: this is not a one-sided strong rally, but a "test period after the surge." If you want to go long, don't chase at the highs; if you want to play the pullback, wait for volume-backed resistance and stagnation signals—don't try to top out prematurely. $ARB is displaying sharp bullish continuation signals as buyers push the range high.
Key support levels are holding firmly against all downward pressure.
Buy Zone
0.1580 - 0.16159
EP
0.1580 - 0.16159
TP
0.1710
0.1820
0.1950
SL
0.1530
Order book flow shows aggressive buying activity locking in strong floor levels. Breakout momentum is building for a swift wave higher.
Let's go $ARB
#OKXOrbitTopics . A bear market is like a demon-revealing mirror. When you look at HYPE, UNI, and WLFI together, you’ll understand what it means to be in the same track but with different fates.
$HYPE was recently hammered below $84 by a $330 million unlocking dump. Many people around me cut losses and ran. But look at its fundamentals: the protocol’s daily revenue is $2.77 million, the highest in the entire industry; the majority of fees are used for buyback and burn, with a total of 50 million tokens burned, accounting for 5% of total supply; the funding rate in the $80-$84 demand zone is still positive, so the bulls haven’t fled at all. This set of fundamentals is top-tier among altcoins, so I’m really not worried if it dips.
$UNI rose mildly by 1.02%. This veteran DEX has stable income but weak growth—like a glass of plain water, holding it isn’t painful, but don’t expect to get rich quickly.
$WLFI looks really bad: Justin Sun has invested a total of $45 million, but now he’s applying to the US court to sanction it, accusing fraud, and the tokens have been frozen. The price is stuck at 0.05 with no one buying. Same type of coin, one makes money and does buyback and burn, the other survives on narratives and is entangled in lawsuits.
The logic this round of correction taught me about coin selection: only coins that can make money on their own qualify to talk about bottoms.$BTC dipped to ~$75,600 around 03:00 UTC as results showed Democrats winning Congress, then recovered to ~$78,300 (+1.3%). ETH gained ~2% and the CoinDesk 80 Index rose 2.3%. Key takeaways: 1️⃣ DeFi led the bounce. CoinDesk’s DeFi Select Index rose ~5%, with all seven members higher. Trump-linked tokens lagged: TRUMP fell 7.1% and WLFI lost 5%. 2️⃣ Derivatives show a reset, not a fresh rush. Futures volume rose 27% but open interest only 3%, so most activity was position churn. Liquidations hit $DOGE is trading below the resistance level (0.0756) after the latest rebound.
The price remains below the resistance level (0.0756), with attention on the support level (0.07312).
MACD: The histogram is recovering, and the MACD line is below the signal line.
Breaking below the support level (0.07312) favors sellers; reclaiming the resistance level (0.0756) weakens the bearish outlook.
Do you think it will continue to dip, or reclaim above the resistance level (0.0756)?
$DOGE
#DOGE $BTC
⚠️ NFA - Manage risk and do your own research. The ongoing development of the ETF theme essentially signals the increasingly blurred boundaries between traditional finance and the crypto market. When mainstream asset management institutions begin discussing the inclusion of digital assets in standardized products, the market's focus shifts from purely on-chain activities to broader capital flows and regulatory frameworks. This theme is important because it could become a key bridge connecting Wall Street and the crypto world. Once approved or progressing smoothly, the vast pools of traditional capital may find a compliant and convenient entry point, thereby having a profound impact on the overall market depth and stability. The crypto assets to watch in this theme include $BTC and $ETH. This theme's transmission path to crypto liquidity and sentiment is usually bidirectional. Under optimistic expectations, the theme's popularity attracts new capital inflows, boosting market risk appetite and thereby driving up the valuations of major assets. Conversely, if the mainstream market experiences volatility or adopts a cautious regulatory stance, this sentiment quickly spreads to the crypto space, leading to liquidity contraction and increased selling pressure. Therefore, ETF-related narratives are not only amplifiers of price volatility but also barometers of market sentiment, making the price discovery process of crypto assets more influenced by macro factors. In a bull market scenario, this theme could act as a catalyst accelerating market participation. Imagine when traditional investors gain exposure through familiar channels, the marginal increase in demand could significantly rise, likely first reflected in the most liquid core assets. The market narrative will shift from pure speculation to asset allocation, potentially leading to a revaluation of valuations $QCOM
Is the smartphone market recovery enough to support a Qualcomm revaluation?
Qualcomm is entering this week's earnings window, and it is necessary to distinguish between the smartphone chip cycle and the independent growth of businesses such as automotive and IoT. Improved smartphone demand does not mean that concentration risk has decreased.
If new businesses gradually contribute profits, the sources of earnings will be more diversified; if the improvement mainly comes from customers replenishing inventory, sustainability still needs to be verified. I will observe shipments, inventory, and product mix, rather than judging the formation of a new cycle based solely on a single quarter rebound.#CircleQ3 revenue exceeds expectations, USDC on-chain transaction volume grows by 49% #AMD data center revenue nearly doubled, both revenue and guidance exceeded expectations
My US stock pre-market diary (November 4, 2026): AMD went from +7.5% to turning negative, is Musk being politically backfired?
This pre-market drama is intense. AMD's earnings clearly beat expectations, soaring 7.5% pre-market, reaching around 518. But it couldn't hold, Caixin confirmed it turned negative, those chasing highs got squeezed.
Gross margin guidance at 55%, slightly below the market expectation of 55.3%, became an excuse for profit-taking.
Meanwhile, index futures rebounded in a V-shape, Dow futures up 0.54%, Nasdaq futures barely positive at 0.15%.
But the semiconductor sector is deeply split: Micron and SanDisk were still up pre-market, Western Digital and Qualcomm already in the red, Nvidia only up slightly by 0.39%. Tesla and SpaceX continue to get hit, down over 4% and nearly 4% respectively, political risk is still unsettled.
This AMD pullback kills the linear thinking that "better-than-expected earnings must lead to a rise." Funds are not abandoning AI hardware, but only picking clean chips to buy. The pre-market spike was smashed; wait for the open to see if there's support, don't reach out at the hottest emotional moment.With Trump's statement "We've done our best," the overall situation is basically set.
Congress won't gain control, and the previously hyped crypto-friendly bills and plans to build a crypto hub are directly stalled, making progress very difficult.
The Democrats winning both the House and Senate is a rare big victory not seen in forty years. But what the crypto community really fears isn't just the shelving of bills.
The most critical issue is that after the election loss, sudden news from the Middle East can easily emerge. Once the situation heats up, it will directly cause a two-way spike, harvesting both longs and shorts, and no one can escape.
The market has actually already priced in this pessimistic expectation in advance. Bitcoin's daily chart shows a bearish arrangement, ETF funds continue to flow out, and ETH has been bleeding for even longer, so its rebound strength is naturally weaker than BTC.
Those who have already made double profits recently should prioritize taking profits and not be greedy chasing this small tail-end rally.
Right now, all price movements are expectation-driven games. Only after the election results are fully finalized will the market show a clear direction.Everyone is hyped on $AMD beat: $13.38B, Data Center +97%.
Nobody is talking about the indirect stuff.
Dems swept House + Senate. Texas wants a moratorium on new data centers - 27% of US capacity.
FCF -64% to $554M. Inventory +$3B to $11.46B.
Gap already faded from $530 to $512.
Beat is real. But will it close green?
I say Yes, but not blind.
$AMD
#AMDQ3DataCenterUp97% CENTRAL BANKS ARE STILL BUILDING THEIR GOLD POSITIONS
Central banks purchased a net 321 tonnes of gold in Q3, up 42% year over year, according to World Gold Council data.
Gold ETFs added another 211 tonnes, taking total holdings to a record 4,256 tonnes.
Yet strong institutional demand has not prevented near-term price pressure from the dollar
The contrast is important: long-term demand remains strong, but short-term momentum still needs to recover.
#CentralBanksBuy321tGold $AKE This coin will have a hundredfold increase on the chain by 2025, only the dog that went up bought the OK contract, and a few days after the contract, it was harvestedThe rhythm is here. Don't rush yet. ⚡ Saylor said that the newly elected Republican governor of Florida and the newly elected Democratic federal senator of Texas both support Bitcoin reserves, advocating for bipartisan progress. The related Texas bill SB21 was signed into law in 2025.
I tend to see this as a positive sentiment boost for $BTC, not a confirmation of new buying. Bipartisan support can reduce the narrative's reliance on a single party; existing state-level legislation also provides more backing than mere statements. But supporting reserves does not equal immediate procurement; the material does not provide new funding or execution plans, so it cannot be directly translated into purchasing power.
In the short term, I look at volume and price support after the news, not chasing the initial headline. If the volume can't keep up after a surge, I will give up on entering this time; if I already have a position, I will set exit conditions first, not stubbornly hold short-term positions as long-term. When encountering such policy-level news, do you wait for execution details or observe the first pullback?According to BlockBeats (citing BIT data), in pre-market trading on Nov 4: $WDC fell 2.3%; Seagate, $MU and $SNDK dropped more than 1%; SK Hynix slipped just 0.23%. Three points worth noting: 1️⃣ The decline has narrowed. Back in August, this group saw pre-market drops of 5-6% (Aug 3: WDC -5.89%, Seagate -6.58%). This time the move is much milder, and it doesn’t look like a broad sell-off. 2️⃣ Divergence within the sector. WDC and Seagate (HDD) are under clearer pressure, while Micron and SK HynA $15 billion bond just hit the pot, and right beside the stove, $58 billion in orders crowded in, a 3.9x oversubscription — this isn’t just a fragrant aroma, it’s like throwing a handful of extra spicy chili into hot oil. But the hotter the pot, the more deadly the base flavor: the 30-year spread has stretched to 220 basis points, about 90 basis points wider than the old broth from April, indicating that no matter how long the queue of diners, the soup base on the fire has already turned salty.
Meta’s dish is very typical: first selling $25 billion in bonds, then preparing euro financing to refresh the broth, all to add fuel to the big stove of computing power infrastructure. The smart kitchen is a heavy-asset slow stew; pots, burners, and cold storage all require upfront investment, but cash flow only comes as dishes are served one by one. Oversubscription is like a fully booked reservation, but it doesn’t mean gross profit thickens; rising debt costs are like the salt shaker starting to leak. My ratio logic is straightforward: mainstream coins are the main course, altcoins are the seasoning, leveraged contracts are the extra spicy chili—too much and you’ll burn your own stomach first. Extending bond duration to 30 years is more like slow-cooked old marinade; it’s fragrant, but the burnt edges come slow and hard.
Looking at the US stock token $xAMD, this linked pot requires close attention to the chip’s heat. In the computing kitchen expansion, chips are the hard dish on the cutting board, token prices are just plating, and the real taste is decided by the speed of cash flow out the door. If smart infrastructure investment only heats the pot but can’t serve enough cash cows, credit spreads will be like chili seeds stuck in the throat, increasingly painful the more you swallow. Strong demand doesn’t mean debt costs will bow; many orders don’t mean the kitchen won’t burn the pot. The fire under this bond pot has shifted from high heat stir-fry to slow simmer; if the computing kitchen serves dishes a beat too slow, the first thing to get burned won’t be the market, but its own cash flow stomach. #metaissues15binbonds#MetaIssues15BInBonds The 30-year spread is 220 basis points, 90 wider than in April—this is not blood supply, it's myocardial perfusion pressure dropping on its own. Subscription overshoot is 3.9 times, with a 5.8 billion order wall. On the surface, it looks like compensatory tachycardia, but in reality, every beat is consuming reserves. The issuer takes 1.5 billion, the demand side offers 5.8 billion; the supply-demand ratio looks exactly like that beautiful but deceptive number in a capacity load test: blood oxygen looks fine, but the stress on the ventricular wall has already exceeded the limit.
What really makes me frown is this widening spread. From April to November, the same issuer, same duration, financing costs have increased by 90 basis points. What does this mean? It means the blood vessels are hardening. No matter how strong the blood flow is, the elasticity of the vessel walls cannot recover, and the afterload will only get higher. They already drew 2.5 billion earlier, now another 1.5 billion, and there is still euro-denominated financing lined up—this is a typical case of sustained capacity overload, not something that can be fixed with a one-time bypass.
The logic of AI infrastructure is like performing a transplant on an enlarging heart: the better the graft, the greater the perioperative demand, and the longer the extracorporeal circulation time and the higher the heparin dosage. Debt is that extracorporeal circulation—it does not produce cardiac output; it just keeps you alive to see the next operation. The real question is whether the transplanted thing can beat on its own. The expansion of the 30-year spread is the market reporting anesthesia risk grading, not surgical success.
Looking again at those oversubscribed orders, 3.9 times sounds lively, but the spread pricing is the vital sign on the operating table. Subscription is compensation; the spread is the myocardial color under direct observation. If the color darkens, no matter how lively the beat, it is a precursor to ventricular tachycardia. As for the tokenized market linkage on the US stock side... this is more like intraoperative transesophageal echocardiography: you are looking at the same heart, but the probe is in a different position, the imaging angle changes, and the readings cannot be directly translated. Tokenization reflects the hemodynamics of another circulation; using it directly to infer the ejection fraction of the primary heart is like using cuff blood pressure to judge valve regurgitation—the general direction is correct, but the accuracy is far off.
My judgment is simple: strong demand is not a recovery indicator; widening financing costs are the real postoperative pathology report. When the resistance of a blood vessel continues to rise over half a year, what you need to check is not whether it can still dilate, but when the plaque on the vessel wall begins to calcify. CIRCLE’S USDC GROWTH NOW FACES A PROFITABILITY TEST
Circle’s Q3 results put the economics of its stablecoin business in focus.
USDC adoption and payment activity are expanding, but rising circulation alone does not tell the full story. Reserve income, distribution expenses and operating margins will show how effectively Circle converts adoption into earnings.
The next stage of growth will be measured by profitability, not just supply expansion.
#CircleQ3RevenueBeat