Orbit Post Sitemap
Abstract announced it will shut down the network on December 15. The project requires users to transfer assets out via Migration Hub or the native bridge before the deadline and warns that funds remaining on the chain after that will be inaccessible. Shutting down a chain is not the same as removing a wallet app. When a wallet app stops maintenance, as long as the underlying chain is still running, users can usually import their mnemonic or private key into other compatible tools. After the chain itself retires, the issue becomes whether block production, RPC, indexing services, and bridge entry points continue to exist. Historical records in addresses may still be accessible, but users may no longer have usable transaction paths. Migration is not completed by just clicking a button once. Users need to confirm whether assets support the official bridge, whether the target chain address is correct, and whether the bridging transaction has been completed on both ends. Decrypt reported that the Abstract native bridge has about a three-hour delay. When encountering a waiting status, do not resubmit or switch to so-called "fast migration" pages found in search results. Such events are most easily exploited by phishers. The project name, deadline, and urgency of "assets will be locked" are all suitable for forging customer service and fake bridge pages. When migrating, only enter announcements from the project's verified official accounts, then verify the domain name and target chain; any page requesting mnemonic, private key, or remote device control should be closed immediately. Wallets facing retired networks cannot continue to only display balances. At minimum, they should mark network status, migration deadline, official exit paths, and bridge confirmation status. The balance is the ledger record📊 Smart Money Picks – Week Recap (Oct 5–7)
23 US stocks we posted, entry = price when posted, latest = Oct 7 close
🏆 Top winner: PENG +13.1% (64.21 → 72.61)
🟢 VST +3.9%, MU +2.2%, ABBV +2.1%, FN +1.8%
🔴 MXL -4.5%, BBWI -3.3%, PWR -2.6%, LW -2.0%
Win rate 10/23 (43%), avg +0.33%, median -0.24%
SPY since Oct 6: -0.24%
Volume + real news worked best. Only 1-2 sessions so far.
Not financial advice.
#Stocks #SmartMoneySome projects in the crypto space have also started playing the acquisition and integration game. The merger of ZERO and STG set a precedent, and we will see more project resource integrations in the future. This is not a new phenomenon in traditional industries; there are simply too many projects, and only a few can actually produce results.
I believe the possible directions are:
1. Merging key infrastructure of public chain projects/exchanges. Public chains with strong balance sheets acquire projects with sufficient funds, while infrastructure projects provide the foundation for monetization. The combination of both can better generate cash flow.
2. Mergers between public chains, or even ETH L2 mergers. Many public chain projects have their own strengths; some with technical advantages have poor TVL and struggle to succeed. Complementing each other's strengths can help.
3. Integration of projects and teams, acquiring key talents from teams. Many projects are already nominally existing but effectively defunct, which is unacceptable to investors.
4. The effect of 1+1 being greater than 2 from project+project synergy, complementing advantages and integrating business while tokens may remain separate. Currently, in any given sector, at least dozens of projects are doing the same thing, but talent and actual implementation cannot create a large gap. Integration can capture most of the sector's market share, pushing out smaller players. This morning's BTC futures strategy
Operation:
Short near 2585-2605
First target: 2560-2540
Second target: 2520-2500
Set stop loss properly
BTC futures and the main BTC are completely different in temperament. The main BTC is still lying below the middle band, while BTC futures have already bottomed at 2535 and climbed back above the middle band. Now it is oscillating near the upper band at 2578, with MACD red bars continuing and RSI back above 60, clearly a short-term bullish correction.
Shorting hard at this position is like going against the rebound, with a poor risk-reward ratio. Yue's idea is: don't rush, wait for it to approach the upper band, repeatedly get resisted, and form a clear stagnation bearish candle before considering a light short position, targeting near the middle band. Set defense above the upper band, exit if broken. If it directly breaks out with volume and holds above the upper band, the bearish logic is invalidated immediately, and no holding of shorts. BTC futures have high volatility; if it really weakens, it will fall fast, but the premise is to first see it unable to rise, not guessing the top during a rebound. $ETH #9月FOMC纪要公布，多数官员倾向再加息 Sanctum burned CLOUD tokens from the community reserve, not tokens repurchased by the team.
An on-chain transaction on October 6 burned about 250 million tokens from the community cold storage listed by the official. These tokens were originally not in circulation; the September proposal also clearly stated that the team's strategic reserve remains intact.
So this reduction is in tokens that might be issued in the future, not 250 million tokens bought off the market. The community now has a smaller budget for future voting allocations, while the team still holds its own reserve. I think beyond "how many were burned," it's even more important to clarify "whose tokens were burned."$BTC just finished a wave of bulls, but short-term momentum is insufficient. Currently weak, it may still drop further, so wait and see.
Key resistance level: $84,500 Key support level: $82,700
This is the recent previous low spike point and also the bulls' last psychological defense line.
Once effectively broken, it will likely trigger a bull "long liquidation" stampede, directly targeting $82,000 or even lower.
Long-short ratio: Retail and large holders still heavily long.
Binance retail long-short ratio is 1.7174, strongly biased to the long side. Retail investors are still bottom-fishing.
For large holders: the long-short ratio is as high as 1.5517.
On-chain core signals: In the past 7 days, market maker QCP Capital's physical balance surged 15.26% (+$35.19 million), Flow Traders increased by 912%.
Market makers are moving a large amount of BTC into exchanges, which is a clear signal of selling pressure preparation.
$ETH $ZEC #9月FOMC纪要公布，多数官员倾向再加息 #BTC巨鲸抛压减弱，ETF资金连续三周净流入 10.8 BTC Silk Road
The hourly Bollinger Bands experienced a rapid dip, and after the price touched a low, a long lower shadow candlestick appeared, indicating a quick release of short-term bearish momentum. The lower Bollinger Band formed support, representing a recovery phase after a sharp drop. Wait for a stabilization signal before buying the dip to set up long positions; do not blindly chase the rally.
Entry Conditions
Price retraces to the 82900~83100 range, closes with a stop-fall candlestick, does not make a new low, and indicators stop declining, confirming stabilization before entering long positions.
Stop Loss: Below 82700. If this level is effectively broken, the current rebound structure fails, and long positions should be exited immediately.
Take Profit in Two Stages
1. First Take Profit: 83800, reduce half the position to secure some profit;
2. Second Take Profit: 84400, play the remaining position against the upper resistance.
Sharp drops are mostly short-term emotional venting; trend recovery takes time. Be patient and wait for support stabilization signals. Do not bottom-fish prematurely during the decline. $BTC #9月FOMC纪要公布，多数官员倾向再加息 Another coin in the sol ecosystem took off today
$MET
$MET
It rose from around $0.30 to a peak of about $0.45, a stage increase of nearly 50%, doubling within the month, with trading volume expanding nearly 4 times
Checked the news, mainly the DLMM Pro announced by Meteora on October 6
The token issuance project can set initial liquidity, opening method, and fees by itself, and the fees can be high at first then lower
LP positions are NFT-ized, supporting merging, locking, and delegation. The official says the pool setup cost is directly reduced to 1/10 of the original
Meteora is no longer just making liquidity pools for others but further entering the token launch phase, starting to compete for the Launchpad market
The fundamentals are also good, with recent DEX trading volume around $187 million, and weekly active addresses once reaching 175,000
Additionally, the protocol fee share ratio has increased from 5% to 10%, and staking
$MET
can also share part of the DLMM fee income
However, DLMM Pro is still in the waitlist phase
One on-chain address, likely a custody and distribution address, withdrew 8 million
$MET
from bybit 8 hours ago and then deposited into this address 2 hours ago
Currently, this address holds about 114.2 million MET, valued at approximately $51.2 millionIntroduction: The market is moving out of a phase dominated by loss-making trades. The information, opinions, and judgments mentioned in this report regarding markets, projects, and coins are for reference only and do not constitute any investment advice. Written by 0xWeilan @ eMerge IS $BTC BTC closed at around $83,570 at the end of September, having tested key support levels and rising 6.37% for the month. After strongly breaking above the 200-day moving average in August, BTC made another strong push this month following the Federal Reserve's rate hike, surging above the 365-day moving average. According to the "EMC Labs Cycle Assessment Model": Over the past two months, BTC has completed a cycle reversal and entered the "recovery phase" of the new cycle ahead of schedule. In a high-oil price and interest rate environment, BTC's strong performance is astonishing. Additionally, capital inflows remain concentrated in the ETF channel, with native spot participation still low. We believe that as the participant base changes and dominant forces shift, many uncertainties have not been eliminated, and a large pullback is inevitable. However, the duration and scale of liquidation in the previous cycle are already quite sufficient. After the chip cost reset, a small influx of funds can drive prices sharply, and on-chain profitable activity is approaching losses, which already meets the characteristics of a "recovery period." Therefore, before adjusting the judgment that BTC would end the old cycle in the fourth quarter, the trend favors a cycle reversal that is already completed in the third quarter. Cyclical investors should establish a sufficient large long position. Based on the characteristics of the "recovery period," the fourth quarter should focus on verifying whether the market can provide solid support during price pullbacks and whether various types of funds can be supportedSpecifically, at the Sui Basecamp event in Singapore on October 7, Sui announced a new throughput test achieving 40,614,180 transactions per second (TPS). This figure more than doubles the initial target of 20 million TPS and far surpasses the previous record of over 6 million TPS set in July. This is an incredibly impressive number when compared to current blockchain standards. However, there is one important point to note: 40.6 million TPS does not represent the live processing speed of the enMorning Report: $BTC BTC breaks below 83,000, SOL hanging at 116! 30x full-position long extremely dangerous, the primary task at market open is "survival"
📝 Main Text
Good morning brothers, a new day begins, market sentiment remains weak.
The market experienced a slow decline overnight, BTC broke below 85,000 and continues to seek support, currently around 83,020 (-0.47%). SOL is also under pressure, hitting a 24-hour low of 115.14, now around 116.07 (-0.52%). On the daily chart, both major coins show short-term bearish alignment, the market is digesting previous profits.
📊 Market Snapshot: Moving averages pressing down, searching for bottom support
BTC: Daily MA5 (84,510), MA10 (84,395), MA20 (84,132) all diverging downward, price firmly suppressed below moving averages. SUPERTREND is far below at 79,507. The 24-hour low is 82,700; if it cannot quickly reclaim 84,000 today, it will likely continue testing 82,000 or even lower. On the news front, IMF completed a $1.4 billion financing agreement with El Salvador, a small macro positive but unlikely to reverse the short-term technical downtrend.
SOL: Daily MA5 (118.80), MA10 (118.83), MA20 (117.80) also all downward, price struggling near 116. SUPERTREND at 106.52. SOL fell steadily from 119 to 115 last night, currently in a weak sideways consolidation after a sharp drop. Resistance above is 118-119, support below at 115.14 (today's low); breaking below will accelerate a drop to 112.
🩸 Position Diagnosis (Extremely Dangerous, Must Act Immediately)
Based on your position screenshot, your current SOL long (full position 30x) is in an extremely dangerous situation:
· Entry price: 116.11
· Mark price: 116.05
· Unrealized loss: -0.47U (-1.80%)
· Margin: 26.18U
· Liquidation price: 112.74
Critical Risk Analysis:
1. Very close to liquidation: Current price 116.05, only 2.8% above liquidation price 112.74! With 30x full leverage, if SOL drops just 3%, your 26.18U margin will instantly be wiped out. A 3% intraday move is very common for SOL.
2. Fighting against the trend: Daily moving averages are bearish, BTC is still searching for a bottom; holding a high-leverage long now is a classic "catching a falling knife" scenario.
3. Stop loss is ineffective: Your stop loss is set at 113, which is very close to the liquidation price 112.74; once triggered, it’s basically the same as being liquidated.
💡 Urgent Morning Action Instructions (Must Execute)
First, immediately reduce or close your position!
Do not hold any illusions. While the price is still near 116 (your cost line), immediately close at least half your position or close all. Exiting at breakeven or a small loss of 0.5U is far better than being liquidated and losing 26U.
Second, if you insist on holding, immediately move your stop loss up!
Do not keep the stop loss at 113! Move it up to 115.0 (just below today’s low). This means if SOL breaks below 115, you manually admit defeat and exit, losing about 2.5%, roughly 1U. This is within your tolerable range and you must not let the position drag down near 112.74.
Third, absolutely no margin top-up!
Do not add funds to average down your cost; this is a bottomless pit. Adding margin to a high-leverage long in a downtrend is equivalent to giving money to the market.
📌 Summary
The market is in a correction phase; BTC and SOL daily moving averages are bearish. Your current SOL full-position 30x long is only 2.8% away from liquidation, a ticking time bomb.
The iron rule of trading is: capital first, follow the trend. Admit this position is wrong, exit decisively with a small loss, or at least set your stop loss at 115 to keep control of your survival. After this drop stabilizes (e.g., BTC recovers above 84,000), it’s not too late to go long again.
Brothers, with the market falling, do you hold longs? Ready to stop loss or hold on? Let’s discuss in the comments👇#9月FOMC纪要公布，多数官员倾向再加息 #BTC巨鲸抛压减弱，ETF资金连续三周净流入 #交易之声：你的经验值得被听到 $SOL $DOGE: Long (Oversold Rebound Play)
Strategy:
· Wait for the price to pull back and stabilize in the 0.0877-0.0880 range (near the 24-hour low) before entering a light long position.
· The initial target is the 0.0900 whole number level; if effectively broken, then look to 0.0910. Set stop loss below 0.0870.
Core rationale:
1. Oversold rebound demand: From the high of 0.09792, the price sharply dropped to 0.08771, a short-term decline of over 10%, with a large deviation rate. The bearish momentum has released quickly, creating a need for a technical corrective rebound.
2. Support level play: 0.08771, as the 24-hour low, is the last line of defense for short-term bulls. If buying support is found here, it is very likely to trigger a short-term oversold rebound.
3. Risk-reward consideration: Entering near the absolute low with a very tight stop loss (0.0870). If the market rebounds to the 0.0910 resistance, the risk-reward ratio is acceptable, suitable for short-term small position trading.
$SOL $BTC
#美债长端收益率再创新高，30年期逼近5.7% 🔥 It's 2 AM, and the market right now feels like a game where the players are already in position, but the referee hasn't blown the whistle yet.
🕰️ That "whistle" is the Federal Reserve's September meeting minutes.
If the wording remains hawkish, risk assets might first undergo a round of emotional release; if the market picks up clearer signals of easing from between the lines, funds could quickly flow back in.
📊 $BTC: Watch the macro to decide the big direction.
⚡ $ETH: Watch the funds to determine how much flexibility there is.
🔥 $DOGE: Watch the sentiment to decide if the market can go wild.
These three coins actually correspond to three completely different trading logics.
So there's no need to rush to prove you can predict the future right now.
Wait for the minutes to be released, observe the market's first reaction, then the second reaction—this is often more important than betting in advance.
Who do you think will be the first to ignite this time? #9月FOMC纪要公布，多数官员倾向再加息 #BTC巨鲸抛压减弱，ETF资金连续三周净流入 #OKXNOW：开启全天候市场新时代 September FOMC Minutes Released, Majority of Officials Lean Toward Another Rate Hike
1. Core Information from the Minutes
1. Most officials believe another rate hike is needed within the year; inflation remains high, with geopolitical oil prices and AI investments driving inflationary pressure.
2. At the same time, members recognize weakening employment, discussed risks of over-tightening, not all are hawkish, internal disagreements exist.
3. Market pricing now: December meeting is the most likely window for another rate hike, October meeting is very likely to hold steady.
4. Concurrent negative factors: Large BTC transfers from the U.S. government to Coinbase Prime, market worries about subsequent auction sell-offs, creating dual pressure.
Macro Market Reaction
U.S. Treasury yields rise, dollar strengthens, risk assets overall under pressure.
2. Analysis of Impact by Cryptocurrency
1. BTC Bitcoin
Minutes are more hawkish than expected, substantially bearish.
• Bearish logic: Higher rates maintained longer will suppress ETF inflows, rising U.S. Treasury yields will cause funds to flow out of risk assets.
• But there is support: Spot ETFs have had continuous net inflows previously, which will buffer some downside, preventing unlimited dumping.
2. ETH Ethereum
More resilient than BTC, likely to outperform Bitcoin in declines. ETH is more sensitive to liquidity changes, facing greater selling pressure in a macro bearish environment.
3. ZEC Zcash (small-cap privacy coin)
No independent fundamentals, fully follows overall market sentiment.
During market pullbacks, ZEC’s volatility will be amplified, falling deeper; rebounds will also be stronger, carrying the highest risk.
3. Short-term Price Movement Scenario Forecast
Base scenario (highest probability): Oscillating downward with repeated spikes All three coins fell today. Although I was clearly bearish, I ended up opening a long position on ETH. I really deserve to lose money; I only wanted to catch a rebound wave.
Today, I don't have a good outlook on BTC, ETH, or SOL; overall, I remain bearish. However, I just opened a long position on ETH mainly to catch a short-term rebound. I'm already losing money.
$BTC:
After losing the $85,000 level, it clearly weakened in the short term. Now I'm focusing on whether the $83,000 area can hold; if it breaks, it might continue to test $82,000. The $85,000 level has become significant resistance.
I'm not in a hurry to bottom-fish. If the rebound lacks volume support, I will treat it as a weak market and prepare to short.
$ETH:
Among the three coins, I actually chose to go long on ETH.
ETH's decline this round is greater than BTC's, so a short-term oversold rebound is possible. I'm mainly watching for support around $2,530–$2,550, with resistance first at $2,600, then $2,630–$2,650.
However, this long position is just a short-term trade, not a judgment of trend reversal. If it continues to break down, I will promptly manage risk.
$SOL:
SOL's trend is also weak. $115 is the key level I'm watching today. If it doesn't hold, it may continue toward $110, with resistance near $120 above.
I'm bearish on the overall trend; going long on ETH is just to seize a short-term opportunity. The two are not contradictory. Trading is not simply long or short; the key is to distinguish whether you are trading the trend or a rebound. $ZEC COOLS OFF AFTER A MASSIVE RUN
ZEC is up 256.67% over 180D, yet the 4h chart shows sideways candles near 1,323 after rejection at 1,384.39. I'm watching how 1,278 holds. Strong trends still need pauses, and patience beats prediction.
How do you stay disciplined during consolidation?SOL trades near 116.14 after pulling back from its peak of 124.96. It built strong support around 95.79 before that surge. If price holds above 115.00, SOL could retest 124.00 and push toward 135.00. Falling below 115.00 may send it down to test 104.00 support.
Looking at past cycles, SOL saw huge ups and downs, soaring to an all-time peak near 260 in 2021 before a big crash. For the best prediction of all time, network adoption could push SOL past 300.00.
Do you think SOL will break 125 soon? Brothers, don't hesitate, now is the best time to short $ETH! The current price has already dropped to 2580, I opened a short at 2617, with a floating profit of 4.24%, the gains are already in hand.
Why so determined? Three major nuclear-level bearish factors are detonating simultaneously:
First, ETF funds are fleeing massively. Ethereum spot ETFs have seen net outflows for six consecutive trading days, with a total withdrawal of about $408 million, and on October 6 alone, $202 million fled. Institutions are voting with their feet, with BlackRock leading the sell-off.
Second, validators are lining up to sell. The Ethereum validator exit queue surged fivefold from 166,000 ETH at the end of September to 851,000 ETH within a week, and about 786,000 ETH are still queued waiting to be unlocked. These holders are waiting to sell and cash out, creating supply pressure overhead.
Third, the long liquidation stampede is just beginning. In the past 24 hours, the entire network liquidated $554 million, with ETH contributing the most—long liquidations alone accounted for $166 million. ETH's decline is nearly twice that of BTC, showing clear weakness.
Technically, the resistance at 2650-2660 is ironclad, and if it breaks below 2591, the next target is 2550. If ETH falls below 2565, the cumulative long liquidation intensity on major CEXs will reach $1.238 billion, accelerating the stampede. If not short now, then when? $BTC $ETH #9月FOMC纪要公布，多数官员倾向再加息 Conclusion first: $MET surged 46% in one day, rising from 0.31 to 0.47, with a trading volume of 106 million USD — this is not just sentiment, but a revaluation after Solana DeFi's leading project launched a new product.
On October 6, Meteora launched DLMM Pro, a fully customizable AMM, also opening configurable launch markets. Before launch, it hovered at 0.31 for a few days with little attention; the next day it started moving: at 18:00 UTC, the 4-hour candle had a volume of 60 million contracts, six times the previous candle, directly pushing the price above 0.44. This is the structure of new money entering the market.
More interestingly, the funding rate was -0.0011%. Even after a big bullish candle, the rate remained negative, indicating the push came from spot buying, with shorts paying fees, not leveraged chasing. Open Interest was only 6.1 million USD, which is 17 times turnover compared to the 24h volume of 106 million USD — money comes in fast and leaves fast.
Currently, the price is digesting between 0.44 and 0.46, with volume shrinking from 60 million to 10-18 million, which is healthy. If 0.44 holds, watch for the previous high at 0.47; if it breaks 0.44, expect a pullback to the 0.38-0.40 consolidation zone.
Do you think it's better to chase now or wait for a pullback to 0.44? The market continues to weaken, and Big Brother Maji has taken action to clear out HYPE and PUMP. One has almost completely given back its profits, while the other’s losses keep increasing. Holding positions continuously consumes margin and disperses focus, so the decision was made to exit and reallocate funds back to the two major mainstreams, BTC and ETH.
After rebalancing, the total position is 111 million: BTC increased by 13 coins to 188 coins, with a slight recovery in unrealized gains, and the liquidation price raised to 72,600, easing some risk; ETH reduced by 1,000 coins, leaving 37,000 coins, with unrealized losses expanding to 3.59 million, and a liquidation price of 2,502.35. The high funding fees remain the biggest hidden risk.
After clearing altcoins, positions are concentrated, with BTC defending and ETH holding the line. The total capital scale has decreased, but ETH’s risk has not been released.
My view: Cutting weak coins is a rational choice, preserving ammunition to play the mainstream. However, ETH’s funding fee pressure is high and the margin for forced liquidation is limited. If the market continues to dip, risks are easily triggered. In the short term, a high probability of oscillation and bottom searching is expected; a rebound does not equal a reversal. BTC has not stabilized yet, so don’t rush to bottom fish. $BTC $ETH 🔥At 2 o'clock, the more significant the data release, the easier it is to have the illusion that if you don't bet early, you'll miss out on a surge.
Actually, it's quite the opposite.
⏳The Fed's September meeting minutes haven't been released yet; the current market is more about waiting for the information gap to be realized. Both bulls and bears know there might be volatility, but no one is sure which way the candlestick will ultimately go.
📉 $BTC is the macro sentiment thermometer; let's see how it responds first.
💰 $ETH is the capital elasticity amplifier; the stronger the easing expectations, theoretically the easier it is to amplify the market.
🎭 $DOGE is the sentiment amplifier; it goes wild when the market is excited and is most fragile when the sentiment recedes.
So before the minutes, I'd rather earn less than expose my position just to guess the direction.
Let the market make the first move, then decide which side to follow.
Do you think this time it will first kill the longs or the shorts? #9月FOMC纪要公布，多数官员倾向再加息 #BTC巨鲸抛压减弱，ETF资金连续三周净流入 #OKXNOW：开启全天候市场新时代 👀 A whale bought $60,000 U worth of $PUMP at the bottom, but I didn't follow
PUMP current price 0.0062
At 2 AM, the FOMC minutes were released, BTC hovered around 84,000, and the overall market is clearly retreating
Everyone online is bullish because a whale with a valuation of 5.2 billion swept $62,000 U worth of PUMP at dawn
But I took a look and didn't follow
When the market is retreating, throwing in tens of thousands of U won't even make a splash
0.0066 tried twice but didn't break through, selling pressure is too heavy
This kind of counter-trend resistance usually means it hasn't had its catch-up drop yet
Sometimes whale entries are just cover for big funds retreating
I'm currently out of position
If the rebound can't get above 0.0065, I'll short one lot; if it stands above 0.0066, I'll admit defeat
Don't act until the right level
For those holding PUMP, what's your situation now? Just curious👇
$PUMP $BTC
#BTC巨鲸抛压减弱，ETF资金连续三周净流入 Dear teachers, today the overall market experienced a deep collective pullback, with $BTC, $ETH, and $ZEC all weakening synchronously, showing a short-term bearish bias.
The core logic behind this round of decline is very clear: after a sustained rally earlier, the market has completely priced in short-term positive factors, with no new incremental funds to take over, and a large amount of floating profit chips accumulated at high levels. Recently, whales have been continuously transferring and taking profits at high levels, the bulls' profit cushion is extremely thick, and even a slight rebound triggers concentrated selling pressure.
BTC has fallen below the short-term moving averages, the resistance at the high level of 87200 repeatedly fails to break, the bullish momentum is completely exhausted, and technical pullback demand has erupted.
ETH is weaker than BTC, the ecosystem heat continues to decline, altcoin funds are fleeing, highly elastic tokens are the first to come under pressure, all moving averages are turning down to suppress, and rebounds lack volume.
ZEC is a typical case where good news turns into bad news upon realization; the ETF expectation was hyped and doubled in advance, but after the news was released, funds directly took profits, forming a sustained downward structure.
Coupled with cooling external risk sentiment, a chain reaction of long liquidations on the market further amplifies the decline, and the short-term market has fully entered a repair and adjustment phase. #9月FOMC纪要公布，多数官员倾向再加息 Direction revealed: Yesterday's "spring" was released downward—on October 7, with a volume of 26.2 billion + Delta -5.89 billion (the largest single-day sell order in history in the data window), volume surged to break through the 85,000-85,200 support line (previously three defensive levels broken), lowest at 82,733, closing at 83,338. The two-week rising triangle declared a downward breakout, double top + triple top confirmed, and C wave officially began. On October 5, the distribution signal "surged to 86,991 but Delta -1.94 billion" became the most accurate warning of this round of decline. 1. Dow Theory Mid-Term Trend Officially Reversal Downward: Dow determines that a trend reversal requires simultaneously meeting the conditions of "high drop + low reduction"—the breakout on October 7 completed two items at once: high 84,358 (C-2 rebound) < 86,691 (10-6 high), low 82,733 < 85,102 (four rises to support line). Thus, the structure since September 21 at 87,374 forms a classic top pattern with a double top (87,374/87,281) → neckline at 85,000 with volume breakdown. Dow Mid-term Trend: Downtrend confirmed. Measurement and support: Double top measurement target = neckline - double top height = 85,000 - (87,374 - 85,000) = 82,626 (in place on the single day of October 7); Higher-level triangular measurement target = 85,000 - (87,394 - 82,Attention, FOMO users are currently facing a very covert bookmark phishing attack that steals coins.
According to SlowMist Cosine monitoring, attackers first lure users through phishing websites to complete a fake “human verification,” then ask users to drag a piece of malicious JavaScript code into their browser bookmarks and save it as a bookmark.
This is where the real danger lies.
Once users click this malicious bookmark 2 to 3 times as prompted, previously logged-in FOMO accounts may be directly hijacked by the attacker, and the crypto assets in the account may be immediately transferred away.
This type of attack is more covert than the traditional “enter mnemonic phrase or private key” because users appear to just complete verification and save a bookmark, but in reality, they are actively executing malicious code.
So if you recently see a webpage asking you to “drag code to bookmarks,” “run scripts,” or “copy code for verification,” just close the page and do not try it.
Especially for users who have already logged into FOMO, it is recommended to immediately check your account login status, authorization, and asset changes. Do not click bookmarks from unknown sources, and do not execute any JavaScript code on unfamiliar webpages.
From an asset security perspective, the biggest risk now is no longer just private key leakage; social engineering phishing + browser operations are also becoming new entry points for attackers to steal coins.
Remember this: real human verification will never ask you to save a piece of unfamiliar code to your browser bookmarks to execute.🔥OKX conference makes a major announcement! The exchange is just the starting point, how do we keep up with this wave?
Three major changes are long-term positives for $BTC:
Liquidity expansion, complete opening of traditional capital channels, and improved market depth. As the core underlying asset of crypto, with infrastructure improvements, it will continue to drive its path toward mainstream asset allocation.
📊 Three core transformations:
🟢 Around-the-clock trading: The market says goodbye to closures, 7x24-hour trading becomes the norm. Reaction speed determines victory!
🟢 Accelerated asset on-chain process: The boundary between traditional finance and crypto assets is gradually dissolving.
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#OKXNOW：开启全天候市场新时代 $ETH
Rebounded from the low of 2532 to above 2560. The mechanism is the same as the September non-farm payrolls: sell the expectation, buy the realization. Note: this is just a relief bounce (technical rebound), not a trend reversal.
Part 2: Technical aspect — 2500-2600 range, 2600 is resistance $ETH #高利率下，黄金还能走多远？
#黄金高位震荡，机构资金继续看涨 October 8 Spot Gold (XAUUSD) Trend Analysis
⚠️ For market analysis only, not constituting any trading advice. Contract and spot trading carry very high risks.
Fundamentals
Core contradiction: Hawkish Fed expectations suppress gold prices, central bank continuous gold purchases provide bottom support
1. The Fed meeting minutes released a hawkish signal; the market expects a significant rate hike probability in December. US Treasury yields remain high, the dollar is relatively strong, reducing the appeal of gold as a non-yielding asset, which is the main reason for the recent gold price decline.
2. The People's Bank of China has increased gold holdings for 23 consecutive months, adding another 740,000 ounces in September, providing medium- to long-term bottom support for gold prices and limiting the downside.
3. Key data today: At 20:30 US initial jobless claims; stronger data will continue to pressure gold prices; weaker data will support a rebound.
4. Geopolitical risks persist, but short-term safe-haven demand for gold is weak.
Technical Analysis (4-hour)
Major structure: Oscillating downtrend, a technical rebound after a decline, not yet reversed
- Intraday resistance
First resistance: $4140~4145; strong resistance: $4165~4184, rebounds here are likely to face resistance and fall back; only a close above $4184 will end the short-term downtrend structure.
- Intraday support
First support: around $4100; strong support: $4066 (yesterday's low, two-month low), breaking below here will continue to test the $4040 level.
Bull-Bear Judgment
Short-term bearish bias, prioritize shorting on rebounds; do not chase shorts at lows
- Long: Only consider light long positions after a pullback near $4060 stabilizes with a reversal candlestick;
- Short: Prioritize shorts on rebounds to $4140-$4145 resistance; if it surges above $4165, that is a better shorting opportunity. $XAU Good morning everyone, the National Day holiday is over, let's continue discussing today's market. Yesterday the market pulled back, and most altcoins also dropped along with it. Currently, the rebound strength is still insufficient; after the pullback, the market continues to move sideways. In the short term, I personally still view this as a consolidation adjustment. Today, the key focus is around the 82000–82500 area below. Whether this range can hold is related to whether the market can maintain the current consolidation range. If it breaks down, we need to be cautious of further accelerated declines, which requires close attention. ETF capital flows also need to be monitored continuously. Some recently disclosed funds have shown net outflows, but the complete data is not yet available, so we will continue to watch if capital can flow back later. Regarding the long-term direction, my bullish view remains unchanged. Both the market and altcoins have pulled back together; on the spot side, I still prefer to buy in batches on dips and continue to position according to my own rhythm. For contracts, today I personally lean more towards short-term intraday longs. After a pullback, I aim for a rebound first, then wait for further signals from the market before deciding whether to continue holding, switch to daily-level positions, or take profits. I am not in a hurry to treat this short-term rebound as a market reversal. However, the short-term long position also depends on whether the support below can hold. If the 82000–82500 range breaks, the intraday long strategy needs to be reassessed; we cannot just hold on because of a long-term bullish view. Specific levels: For BTC, first focus near 82500, and also watch 82000 below. For ETH, this pullback is more obvious; if the market weakens again, be cautious of further retracement, first focus near 2500. For SOL, first focus near 113. Contract notes$ZEC Dear teachers, the current price of ZEC is around 1324, shorting it immediately would be a disaster.
First, let's look at the whale position data. There are a total of 414 whales in the market, with 249 long positions and only 165 short positions. The average opening cost for longs is 991.35, and they currently have a floating profit of over 60 million. Shorts have an average opening at 1208 and are currently in an overall loss. The nominal long-short ratio is as high as 577.99%, indicating that the long positions among large holders are very heavy.
Here is a crucial point: most longs were established at very low levels, accumulating from around 900. After the recent continuous sharp drop from 1614, they still hold substantial profit cushions. As long as the market rises slightly, these profitable positions will have the impulse to cash out and exit, which is the biggest selling pressure from above. Although shorts are still losing money now, it does not mean the market will immediately pull back to save the shorts.
Looking at the technical candlesticks, the daily chart shows a very clear descending channel with highs continuously moving lower. The MA5 has already turned down and is pressing near the current price, while MA10 and MA20 remain at higher levels. Yesterday, the price briefly found support around 1270, which is just a small pause in the downtrend. The moving average system has not yet turned upward, so there is no confirmation of a reversal. The positive news about the ETF application has already been priced in by the market, and after the announcement, it did not bring new buying volume.$ETH is stuck oscillating within the 2500-2600 range, with a clear selling pressure zone above 2600. The low point of 2532 after the minutes held steady, and the relief bounce high at 2562 turned into a short-term ceiling.Market weakened, yesterday's operation review:
The first big bearish candle of BTC dropped, clearing all long positions.
This was the long-awaited signal to short selected weak targets (BTC, Dogecoin) following the trend.
Next plan: wait for a rebound, short again on the rebound.#US Treasury long-term yields hit new highs again, 30-year approaching 5.7%
The leader has something to say
US Treasury long-term yields have hit new highs again. The 30-year intraday reached 5.706%, the highest since 2002. The 10-year reached 5.349%. The ISM Services PMI Price Index rose to 74.0, the highest since July 2022.
Inflation pressure hasn't eased, so long-term rates can't come down. The FOMC minutes show a unanimous vote to raise rates by 25 basis points, with the dot plot revised upward; most officials expect another hike before year-end, no rate cuts in advance. The economy and employment are resilient, inflation is sticky, and oil prices and geopolitics are still pushing.
With this combination, the valuation ceiling for risk assets remains. BTC is unlikely to strengthen independently in the short term.
My 86500 short position is still open. The logic hasn't changed: positive news is priced in, resistance is dense above, and funds are withdrawing. Stop loss at 87500, target 84500 to 85000. Time to reduce positions, keep the rest at breakeven.
Control position size well, avoid heavy exposure. Don't rush to buy longs if long-term rates don't fall. Set stop losses properly, don't hold through losses.
The above analysis is time-sensitive; positions must have stop losses set. Good luck. $BTC $ETH $ZEC 7u challenge to 100 million!
Day 48
Principal 7u, target 100 million
Currently: 3900u
Living cost: 2850u
Available funds: 1000u+
During the National Day long holiday, I went back to my hometown and basically didn't check the market for a week, let alone scan the chain. I fished for a few days, then drank every day, drinking at noon and continuing at night.
Spent 250u, basically didn't spend much money, food and drinks were all covered by my cousins. Made some extra money these past few months, so I can treat them to something nice during the New Year.
1. During the long term, Bitcoin has been in a volatile market. Currently, $BTC is supported at 82,500 and resistance is at 87,000. It’s fluctuating back and forth within this range; breaking out means a directional move.
2. $UNI and $ZEC, which surged recently, have both pulled back, but I prefer pumps. Let’s see if the basic data can recover later.
3. I don’t even know what people are playing with in meme coins now. A friend just told me about a coin that surged a long time ago, but I sold it long ago, crying in pain.
Now the principal is only 1000 USD, need to expand the principal scale and continue my three ways to earn principal: writing content, doing contracts, and pumping meme coins!
Bull market, we can win!50x short $DOGE, +334.76%. At the moment the numbers jumped, I felt very calm.
The huge profits from contracts are just a mirage; securing profits is the reality. Deleted my watchlist, no longer watching the market.
Only holding two long-term: BTC (faith) and OKB (potential).
The logic of $OKB is very clear: it has the flexibility of altcoins and the foundation of an exchange. 21 million locked, X Layer deflation.
1.8 billion vs. 80 billion, no movement before fulfillment.
Message: Greed, anger, ignorance, pride, doubt—all exist in the crypto world. Stay clear-headed, lock in BTC and OKB for the long term, and exit the casino. $BTC $ETH #9月FOMC纪要公布，多数官员倾向再加息 #BTC巨鲸抛压减弱，ETF资金连续三周净流入 Pudgy Penguins' Ethereum L2 network Abstract announced its shutdown, becoming the second L2 to fall within a week; following the news, $OP dropped 10% in one day, and $MNT and $ARB also fell about 7-10%.
L2 shutdown wave! The second L2 down in a week
Many people have the misconception that once a chain is on the mainnet, it is "permanently online," but L2 shutdowns are nothing new. This time it's Abstract by Pudgy Penguins, the second L2 to shut down within a week, and the related tokens OP, MNT, and ARB all plunged collectively on the same day, showing the market is voting with its feet: the trial-and-error cost of the L2 narrative is rising.
For ordinary users, the shutdown itself is not scary; what’s scary is that assets remain on that chain. Remember three self-protection steps: first, check the official announcement for the shutdown schedule and note the deadline of the withdrawal grace period; second, before the deadline, use the official bridge to transfer assets back to the Ethereum mainnet—don’t try to save costs by using third-party cross-chain bridges; third, after the grace period, the official bridge may close, making asset retrieval very difficult, so don’t delay.
Also, don’t panic sell related L2 tokens—the news often causes an initial oversell followed by a recovery. If you want to act, place conditional orders and set stop losses on spot markets; don’t chase the price. The L2 sector will continue to reshuffle; choose ecosystems with strong backing and solid endorsements, as those leaders have a higher chance of survival. $PENGU $BTC perpetual, 100x short, yield +350.32%. Strategy execution completed, mechanical take profit.
Sentiment is the biggest enemy of trading. After giving up high-leverage speculation on the overall market, the base position allocation logic is extremely simplified:
• $OKB: OKX ecosystem moat, 21 million total supply locked, supported by X Layer Gas deflation model.
• $BTC: the only true belief.
OKB's current $1.8 billion market cap compared to BNB's $80 billion shows a clear expectation gap.
Warning: 100x leverage is a high-risk meat grinder. Short-term can go to zero, long-term relies on BTC and OKB. Preserve principal. $ZEC $ETH #9月FOMC纪要公布，多数官员倾向再加息 #BTC巨鲸抛压减弱，ETF资金连续三周净流入 $UNI Teachers, in this round, the UNI daily chart directly broke through the short-term moving averages MA5 and MA10, with a high of 9.319 and a pullback, currently at 7.91.
On-chain whales: there are 216 long whales with an average entry at 7.0759; 161 short whales with an average short entry at 8.319. Nearly 90% of the short positions are profitable, indicating that the bears have already taken profits in this decline.
All short-term moving averages are turning downward, showing a clear pressure pattern. On the daily level, a continuation of the pullback is expected for now.
Offensive position: 7.72
Defensive position: 8.35Last night’s 20 minutes were brutal. Bitcoin dropped sharply from above 85,000 to 82,776, losing nearly two thousand dollars in less than twenty minutes. Nearly 700 million was wiped out across the entire market in 24 hours, affecting 120,000 people, almost all of whom were long.
Currently around 83,200. The first support below is 80,800; if 81,000 breaks, there’s a high chance of another round of forced liquidations. This kind of low-volume, slow decline is the most exhausting; I’m holding off on bottom fishing for now.
Let’s also look at those on the brink of liquidation.
Over 38,000 ETH contracts, a $100 million position, opened at 2682, liquidation price at 2521. ETH is now at 2,570—less than 2% away from that line.
Margin usage is at 98.3%, nothing can be withdrawn from the account, 20x leverage, with cumulative losses of $28.51 million, $4.78 million lost in just one day.
Some say his win rate is 64%. But so what? The profits are small when winning, but he holds on stubbornly during losses until liquidation; winning ten times can’t cover one loss.
More importantly, this market right now. The Glassnode analyst put it bluntly: spot exchanges and ETF volumes are abnormally low; right now it’s a battle of positions, not real money buying.
In a market without incremental buying, the easiest way for whales to crash the price is to push it down sharply and clear out the leverage. $BTC $ETH $ARB Teachers, the ARB daily chart has formed a large bearish candlestick, directly breaking below the MA5, MA10, and MA20 moving averages. The price is now around 0.1859.
Looking at the whale data, there are a total of 149 long positions with an average entry at 0.2115, all currently at a floating loss, with only 19.46% of longs in profit; on the short side, there are 130 positions with an average entry at 0.1807. The short positions slightly outweigh the longs in volume, but some are also at a floating loss, indicating that longs and shorts are currently pulling against each other.
Technically, the short term has entered a weak zone, with the moving averages above forming layered resistance, and the short-term trend is bearish.
Offensive level: 0.1770
Defensive level: 0.1975Junze's Thursday Ethereum Analysis [Price Trend Analysis]
1. Candlestick Pattern: The 4-hour chart shows that recently, despite some lower shadows or small bullish candles on October 7th at 08:00 and 04:00, the rebound strength was limited and failed to effectively break through short-term resistance.
2. Technical Indicators:
MACD: On the 4-hour chart, both DIF and DEA are running below the zero line, with DIF continuously crossing below DEA. The MACD histogram is negative and continues to expand, indicating the market is in a strong bearish trend.
3. Volume: On the 4-hour chart during October 7th at 08:00, a large volume accompanied the price drop, confirming the "sharp decline combined with increased volume" assessment.
The National Day holiday is over, and starting today, Junze will continue to provide daily analysis with entry points!
Currently, the depth of the pullback in this market is deeper than Junze expected. However, Junze believes that all current pullbacks are opportunities to enter. The overall bullish outlook remains unchanged, but as the pullback breaks through the consolidation box, market sentiment will definitely be somewhat subdued. The rise may not be as strong as before, and the market still needs to build some sentiment.
In terms of operation, open long positions near 2550 on pullbacks, with take profits at 2585-2625-2685.
Avoid heavy positions! As Junze mentioned in previous posts, there is a high probability of a box-shaped consolidation. Now that the upper boundary of the consolidation has been broken and the price has reached the lower boundary, wait for direction—either a return to the box or a break below 2500, which will roughly confirm the direction!
$ETH $BTC $PUMP Teachers, the current price of PUMP is around 0.00622. The daily chart has started to show signs of stagnation, with the price oscillating and pausing near the previous high.
According to whale data, there are a total of 194 long positions, with an average entry price of 0.00511; more than half of these positions are already in profit. On the short side, there are 118 positions, currently overall at a loss. The volume of long positions is significantly larger, but there is selling pressure above in the short term.
The MA5 is slightly pressing above the current price, indicating a short-term pullback bias.
Attack level: 0.00574
Defense level: 0.00685Multicoin has continuously transferred HYPE to Coinbase Prime, and short-term pressure is starting to deserve attention.
According to TradingBeats monitoring, Multicoin transferred another 67,500 HYPE to Coinbase Prime about four hours ago. More notably, over the past four weeks, Multicoin has transferred over 760,000 HYPE, worth about $62.99 million.
This volume is no longer small, so the market naturally starts to worry about one question: will these HYPE tokens eventually enter the spot market?
But here, it's important to distinguish: transferring to Coinbase Prime does not mean you've already sold; it could also be custody, fund management, or other institutional operations. True confirmation of negative news depends on whether there is sustained selling and whether on-chain transfers continue to increase.
From a trading perspective, I won't immediately short HYPE because of a single transfer; instead, I'm looking at whether "capital flow + price" can resonate.
If Multicoin continues to move into HYPE on the trading platform and HYPE breaks below short-term support with increased volume, it indicates that potential supply is turning into real selling pressure, and short-term positions need to be reduced.
If the market continues to move in but the price never falls, or even rises on high volume, it actually indicates strong market support and institutional shares may be being absorbed by capital.
So the real trading signal this time isn't how many 760,000 HYPE tokens have been transferred, but whether there will be further rotations and how the price will move after the rotation.Brothers, brothers, there isn't much data now, so jump in for a quick gain, or you'll be letting yourself down! Hurry up and go big, but remember it has to be short-term.
$MET current price is 0.4601, up 38.83% in 24 hours. I opened a long at 0.4583, now the mark price is 0.4601, floating profit +0.39U, return +1.17%. The gain isn't big, but the direction is right.
Why must you go long with this data now?
First, the funding rate has collapsed. The funding rate has dropped directly to around -0.72%! Shorts are paying longs every second they hold their positions; the fuel for short squeeze has reached its limit.
Second, shorts are extremely crowded. The contract long-short account ratio shows shorts account for 67.69%, longs only 32.31%, long-short ratio 0.48. Retail traders are frantically shorting, thinking it should pull back after such a rise. But would the big players be so kind to let shorts profit?
Third, the market structure is biased to the long side. 24-hour increase of 38.83%, price stands firmly above the moving average, volume supports it, the short-term trend is still in the hands of the bulls.
Trading idea: Enter a light long position near the current price, set stop loss below 0.42, first target at 0.52, if broken then 0.58. But remember, it must be short-term, quick in and out, take a bite and run, don't get attached to the fight.
$BTC $ETH #9月FOMC纪要公布，多数官员倾向再加息 This market is really full of love, with ups and downs. When it rises, everyone sells in batches; when it falls, everyone buys in batches!
First, to make a statement: this decline is just a healthy correction of wave A in the early stage of the bull market, a healthy shakeout of the bulls!
If this correction negatively affects your mindset or life, then you must be speculating!
For coins above 8.5, with gains more than doubled, we have taken out our principal and even part of the profits, leaving less than 30% of the profits as a base position! Just waiting for the price to drop, then reinvest the profits!
So when to enter altcoins after this drop?
For those currently with empty positions (the first position can be a bit aggressive), you can start counting from the first bearish weekly candle of the correction, and after at least 4 weekly candles, wait for another bearish weekly candle; or after breaking below 80,000, a bottom pattern forms with multiple daily bullish divergences!
For those like us who still hold chips, we can be much more calm! Divide the layout into two parts below 80,000 and 76,000 for mainstream coins!
Whether you are a cycle player or a short-term speculator, you must use idle Q; otherwise, the bull market that should earn Q will end up losing Q.
My understanding of idle Q is not the Q you don't use today/this week/this month, but the idle Q that you don't need to use for at least one cycle of 3-4 years! It must be the surplus idle Q after planning and arranging your family life for the next 3-4 years!
I will share later the target tiers for wave B layout after wave A correction ends.
Wishing everyone to ride the bull market wind and get rich, and have a seaside villa together$SOL This SOL115 still can't be broken, as I said yesterday, only breaking 115 can continue to go down
Let's see if it can effectively break through today. Now 115 is the last defense point for the bulls, and the current trend is a low-level range oscillation
It should still drop another wave. If it breaks through, the downtrend will continue. Below you can see 110-108
$BTC Bitcoin is also at the last weekly defense point. The market is precarious now, and the 82500-83000 level is still holding strong
Currently in a low-level consolidation, with short pressure at 83500-84000. The bears are very strong, giving no chance for a rebound
Without sufficient funds and news driving it, it is still very difficult to break through. If it breaks here, it will be a volume sell-off
Still consolidating and preparing to sell off. If it breaks 82500, there will be no short-term defense below, and it is very likely to directly enter the 80K defense battleReceipt pagination does not make transactions faster, but it prevents node synchronization from being overwhelmed by large packets
After the block capacity increases, the transaction receipt list will also grow. Receipts record execution status, Gas usage, logs, and other information. If nodes must transmit the entire list at once during synchronization, extreme blocks may generate excessively large network responses, causing memory pressure, timeouts, or even synchronization failures. Some receipt list schemes in eth/70 allow nodes to request segments, breaking a large packet into multiple manageable smaller packets.
Pagination does not change the transaction execution results, nor does it make already confirmed transactions finalize faster. It optimizes how nodes transfer result data, similar to supporting chunked resumable downloads for large files. Implementation still needs to prevent duplication, missing pages, and order errors, and ensure that the concatenated receipt root matches the block commitment; otherwise, "easier to transmit" might become "easier to lose."
This network layer change is unlikely to become a $ETH market narrative, but it directly relates to operability after scaling. If the Gas limit increase only considers execution speed without addressing the worst-case sizes of receipts, logs, and synchronization messages, nodes will crash along another path. Allowing data to be safely paginated is about realizing capacity growth in real software, not just increasing numbers in parameter tables.This isn't the chasing phase; it's more like a post-rally game window. Who's swimming naked depends on the funding rate. BTC is stuck between 85K and 87K—guess how much patience the bulls have left? I watched $BTC $JUP $PUMP all night, and my biggest impression is: the price hasn't moved much, but the derivatives side is already getting restless. Let's talk about BTC first: 85K is the bottom line for this bull structure. As long as you don't sell, any pullback counts as a washout; The real interest is at 87K—once it breaks out with volume, 89K to 90K will be quickly tested. But note, perpetual positions are already quite full. If the funding rate continues to be positive, it's very likely to push down before breaking out, clearing out high-leverage long positions before exiting. So the bullish logic here is that the structure is intact, but the risk is that the squeeze direction can reverse at any time. $JUP barely holds a recovery pattern above 0.20, 0.23 is the short-term watershed, and only after passing can you look above 0.25. Its weakness is that trading volume hasn't kept up, and the sentiment premium on fake coins is retreating. If BTC stays sideways for too long, mid-cap stocks like JUP are more likely to lose attention. Conversely, as long as BTC holds steady, JUP's elasticity is actually better than Bitcoin's, making it better to wait for confirmation rather than to jump in. $PUMP Here, momentum is everything. Breakouts without volume are fake; only breakouts with volume can open the next stage. But the weakness of meme derivatives is that once funding rates spike too quickly and bull crowding increases, pullbacks can be very aggressive. Now9-year veteran whale liquidates ETH, pocketing $24.21 million, 2570 level holds strong, I'm still bullish
$ETH currently at 2583.53, down 3.9% in 24h, this morning it briefly dropped to a low of 2537 USD but was quickly bought back. At this level, I'm directly bullish — an oversold rebound during a high-level pullback phase, better to take profits early.
With US-Iran tensions escalating, oil prices and US Treasury yields rising in tandem, ETH pulled back from 2537 to around 2699; Abstract and Blast, two L2s, shut down simultaneously, BitMine chairman Tom Lee bluntly said institutional holdings are near their limit, removing buying expectations. The 9-year veteran whale pinosaur.eth took advantage of the chaos to liquidate, profiting $24.21 million, 65x — these chips have been handed over, yet the price stubbornly did not break down.
First, a 24h -3.9% volume-driven sell-off, with 2570 support firmly held; second, daily RSI at 45.4 neutral, funding rate -2.227e-05 near zero, leverage not overheated, mainly spot positions. The long-short account ratio is 3.363, longs are a bit crowded, stop-loss is a must.
Resistance above: 2690
Support below: 2570
Don't chase highs during a high-level pullback, 2570 holding is a low-buy window, if it breaks below the previous low of 2537, I'll admit I'm wrong and turn bearish.
Entry at current price 2583.53, if it breaks 2570 I'll cut losses and exit, if it holds, aiming for 2690. Watching the market, follow me for the next signal.
$ETH $BTC$CT perpetual contract 20x short position: opened at 0.4823, now 0.3692, +469.00%.
Basis: large sell orders pressure + volume gap, bearish momentum confirmed. Stop loss at 0.52, not triggered.
Execution: take profit on 50% position, move stop loss on remaining position up to 0.40. Volume breakout at 0.35, hold short until 0.3, low volume bottoming to clear position. Refuse emotional averaging down, close the trade cleanly and decisively. $BTC $ETH #9月FOMC纪要公布，多数官员倾向再加息 #BTC巨鲸抛压减弱，ETF资金连续三周净流入