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Privacy Coin Sector Revaluation: ZEC Recovers Previous High, XMR Follows Suit
ZEC is currently priced at $1494, down slightly by 1.68% compared to the same time yesterday, but it remains one of the few coins to have reclaimed last October's high. It's not the only one rising—the privacy sector as a whole has increased about 90% over the past 30 days, and even excluding ZEC, the rise is still 85%; XMR simultaneously broke through $630, with a 24-hour gain exceeding 20% at one point.
Fundamental Catalysts: The NU7 upgrade vote has concluded, with 99.9% weighted support to reduce block time from 75 seconds to 25 seconds; the mainnet is expected to activate on November 5. The Zcash Foundation also clarified that ZRC-20 and $CASH are third-party private projects unrelated to the official team.
Technical Analysis: Today's slight pullback is a breather after consecutive gains. After surging to $1590, the price retreated to around $1440. The RSI has dropped from overbought levels to the 60s, with the trend structure intact. The $1400-$1450 range is a key short-term observation zone.
Trading Reminder: Do not rush to bottom-fish during the pullback; $1400-$1450 is the primary support zone to watch. If it falls below $1280, be cautious of a retreat in this sentiment-driven rally. Sentiment-driven markets come fast and go fast, so positions should not be too heavy.
$ZEC $xMRVL $BTC
#BTC冲高$87000，加密总市值重返3万亿
#Strategy再度增持，财库同步加仓
#财报观察员：好市多Q4财报即将公布 Public companies are rushing to accumulate coins! BTC treasury and ETH treasury are completely two different businesses
$BTC $ETH
Multiple public companies are simultaneously increasing their holdings of crypto assets. Strategy has purchased an additional 950 BTC, bringing the total holdings to 846,000 BTC; Strive increased its BTC holdings by 1,355. BitMine continues to buy 27,562 ETH, with total holdings close to 5.98 million ETH, of which about 5.07 million are staked and locked.
The concentration of corporate accumulation indirectly reflects the continuous inflow of institutional funds and is an important driver behind BTC surging to $87,000 in this round.
However, the treasury logics of the two differ greatly: BTC treasury mainly focuses on long-term coin hoarding, betting on price appreciation; ETH, besides price appreciation, can also be staked to earn on-chain yields, making it an on-chain asset capable of generating continuous cash flow.
Corporations and ETFs continue to absorb spot holdings, causing circulating supply to shrink. But a key point to watch is whether the funds are self-owned.
If the coins are purchased with high-cost financing, when the market corrects, the current buying pressure will turn into selling pressure in the future.
Do you favor companies hoarding BTC or ETH? Let's discuss in the comments👇
#BTC #ETH #OnChainTreasury #PublicCompaniesHoardingCoins
⚠️Personal market review only, not investment advice
#BTC冲高$87000，加密总市值重返3万亿 #Strategy再度增持，财库同步加仓 #财报观察员：好市多Q4财报即将公布 The biggest fear in the $ZEC short squeeze market is not having a position; once you chase it, it will shake you out.
Look at the liquidation chart: above 1500 are all short corpses, the main force's intention to pump and explode shorts is obvious.
Key K-line levels:
Resistance: 1550, 1595
Support: 1500, 1420
Public opinion: MACD just formed a golden cross below zero, RSI is already overbought, short-term correction is needed, but the short fuel is not exhausted.
$HYPE has hit a new ATH, now only about 5 dollars away from 100 dollars.
But price movements do not happen in isolation.
Hyperliquid has just added manual lending functions for HYPE and BTC, as well as trailing stop loss for perpetual contracts.
The platform has generated about 429 million dollars in revenue so far in 2026.
While the price hits new highs, the products are also continuously improving.
It is rare to see an altcoin hitting new highs while both product and revenue grow simultaneously.
This is exactly why $HYPE currently stands out. $BTC | Attention should start here at 87.6K
The price is currently rejecting around 87.6K, which is also the previously marked HTF Wave 1 completion area.
Next, I will focus on the 84.6K–82.8K pullback zone.
If it can hold here, structurally there is still a chance to extend again toward around 93.6K.
So currently, the scenario leans more toward a "small pullback → then observe for upward continuation," but ultimately it depends on the actual reaction in the 82.8K–84.6K range. 🚨 $BTC + $ETH — THE SHORT SQUEEZE JUST CHANGED THE MARKET RHYTHM The latest move has been much stronger than expected. Bitcoin pushed above $86K and briefly crossed the $87K area, marking its highest level since January. The rally was supported by renewed U.S. spot ETF demand and aggressive short covering. Recent data shows roughly $648M in crypto short positions were liquidated, while total derivatives liquidations were around $747M. But I'm not chasing the move. After a vertical rally, the im🚨 $BTC + $ETH — THE SHORT SQUEEZE JUST CHANGED THE MARKET RHYTHM The latest move has been much stronger than expected. Bitcoin pushed above $86K and briefly crossed the $87K area, marking its highest level since January. The rally was supported by renewed U.S. spot ETF demand and aggressive short covering. Recent data shows roughly $648M in crypto short positions were liquidated, while total derivatives liquidations were around $747M. But I'm not chasing the move. After a vertical rally, the im$ETH mainstream collectively rebounds, can you still chase it?
Brothers, the market has been very lively recently: BTC broke 87000, ETH surged to 2800 then fell back, SOL bounced to 116-120. Someone asked me backstage: "Brother Kuan, can we still chase?"
You can chase, but not now.
This surge was sharp, basically driven by short squeeze. Shorts were forced to cover, covering means buying, buying pushes the price up, price rise causes more shorts to be squeezed, a chain reaction. This kind of rise is easy to give back once sentiment cools. If you chase in, you will most likely buy at a short-term sentiment peak.
BTC: Breaking 87000 is a technical breakout plus a short squeeze, but still far from the previous high, this is called a rebound, not a new high. If you want to get in, wait for a pullback to 85000-85500 to confirm support.
ETH: 2800 didn't hold, fell back to 2730. There is selling pressure above and staking lock-up support below, short-term is a tug of war. Don't rush to chase, wait for a valid pullback near 2700 to see.
SOL: Stuck at the 120 threshold, very volatile, rises fast and falls fast. Don't get itchy just because it surges, consider only after it stabilizes above 119.5.
A market pushed up by short squeeze is chasing sentiment, betting others are greedier than you. What you should do now is wait quietly for good news. Money can be made endlessly, but can be lost completely. Don't rush for the moment, opportunities are everywhere. #BTC冲高$87000，加密总市值重返3万亿 A strong statement: $SOL spot ETF saw a net inflow of about $26.1 million yesterday.
According to public data (SoSoValue), Bitwise BSOL absorbed about $14.4 million, Grayscale GSOL about $7.8 million; the cumulative net inflow has reached the $1.4 billion level, with total net assets of the products around $1.7 billion. Earlier this week, $BTC surged then pulled back, but funds kept flowing into SOL products.
My view: Don’t just focus on whether the price follows. Sustained inflows are the real capital; if it breaks, the height is more likely to loosen. OKX spot is currently around 116–117, let’s first see if the US market can hold this inflow sentiment.
$SOL $BTC $ETH #SOL #Solana #BTC #ETH #ETFInflow #CapitalFlow #TuesdayAfternoon #RiskWarning
The above is only my personal observation and does not constitute investment advice. The market has risks; decisions should be made cautiously. $TAO Conclusion first: The trend is healthy but has entered an overheated zone; only buy on a pullback that does not break the moving averages.
24h increase 17.91%, trading volume 109.2M USDT, price 317.4. Using a reusable method to judge if the trend is healthy: check if short-term moving averages cross above and support the price, check if pullbacks show reduced volume, and check if indicators simultaneously turn stronger. The current price is significantly above MA5 and MA20, moving averages are in a bullish alignment, and the trend structure is intact; however, the Fear & Greed Index is 78, indicating extreme greed, so the cost-effectiveness of chasing highs is compressed. This means the direction is still bullish, but entry must wait for a pullback rather than buying at the hottest sentiment point.
Entry reference range 300–308: This area is close to short-term moving average support; a pullback without breaking it indicates effective bullish support. RSI falling from overbought to neutral also favors a second upward attack. Take profit 1 is at 342, corresponding to the previous high resistance zone; take profit 2 is at 368, the trend extension target, which requires MACD histogram expansion to confirm. Stop loss at 288; breaking below means short-term moving average support fails, bullish structure is broken, exit without hesitation.
Also watch concurrently: $XLM, $BTC; the former shows moving averages converging and MACD bearish, relatively weak; the latter shows volume breakout and stronger relative strength, can be used as a sentiment indicator.
(Personal opinion for reference only, not investment advice. Contract trading carries very high risk, please strictly control position size.)
【Data】ZEC plunges against the trend! Is it a shakeout or a sell-off?
The market is celebrating wildly, BTC surges to 87000, ETH rebounds, but only ZEC falls 4.49% against the trend, currently priced at 1499.5, with high-level divergence fully stretched.
Previously, a whale cut losses and closed 38,000 short positions, losing 35 million and exiting; the shorts clearing should have triggered a rally, but instead it plunged, clearly suspicious.
A sky-high NFT auction hyped at 37 million was ultimately canceled, and the whereabouts of 17 million funds remain a mystery; the incremental narrative can't hold.
Up 2500% in a year, profit-taking piles up like a mountain; now falling against the trend, it’s very likely not a shakeout but the main force selling off while riding the hype.
The stronger the market, the easier it is for weak coins to cash out by riding the momentum. Do you think this is a shakeout or a market top? 👇
#ZEC #MarketAnalysis
⚠️Personal review only, not investment advice#BTC冲高$87000，加密总市值重返3万亿 1000 tons of gold moved in over 8 months, more than the entire last year.
The first reaction on social media is definitely: the central bank is hoarding again, great power competition, de-dollarization, gold prices are going to soar.
My first reaction is a different picture — a big buyer who doesn’t bargain sitting opposite the market maker’s desk, taking delivery ship after ship. Do you dare hold your short positions?
The official explanation for the surge in imports is that gold prices fell and the RMB strengthened, opening an arbitrage window.
That’s true, but only half the story.
Arbitrage trades are quick in and out; they wouldn’t use up the entire annual quota in advance. The ones quietly moving the goods are those who buy with no intention to sell.
So don’t rush to interpret this as "bullish on gold."
I’m more inclined to think: someone is hedging some invisible risk with physical assets, rather than betting on how much it will rise tomorrow.
Here’s a question for you — if it’s just arbitrage, why not wait for a lower price?
#美联储10月再加息概率破55%
#美债短端供给或增万亿美元 #特朗普将会晤海湾六国，伊朗局势迎关键节点 $HYPE $BTC This surge is happening so fast that it's hard to keep up. In the past 24 hours, the entire network saw liquidations totaling $750 million, with shorts accounting for $650 million, over 80%. This isn't just BTC's battlefield; it's the entire crypto market's shorts being collectively wiped out.
Why is it rising so sharply? The logic is actually simple: shorts get liquidated, and the system automatically buys to close positions. These buy orders push the price up, triggering the next batch of shorts to hit their liquidation points and buy again. The higher the price rises, the more forced buyers there are. The shorts end up fueling the rally.
The worst off aren't those liquidated, but those who just cut losses a few days ago. When it was falling, they feared it would never bottom out; when it started rising, they thought chasing the high wasn't worth it. But now BTC keeps climbing by thousands, while their USDT is getting hotter in their hands. This feeling is even worse than liquidation.
Whether the bull market returns or not, don't rush to conclusions. But one thing is certain: once emotions ignite, FOMO is scarier than leverage. You can call for a bull comeback today, but don't let your positions follow your emotions. Don't forget the losses you just took because of a sudden surge.1,308 BTC were sold, exchanged for over 40,000 ETH! What exactly is this whale staking on? A whale address's recent operation is quite interesting: in 6 days, it sold 1,308 BTC cumulatively, and the more than 40,000 ETH obtained was all staked.
This is no longer just a simple "BTC for ETH" swap, but a relatively clear asset allocation migration.
Why exchange BTC for ETH and stake it all?
I think the core may have two layers of logic.
First, shift from "holding assets" to "yield-generating assets." BTC itself does not generate native staking yields, whereas ETH can earn protocol layer yields through staking. For whales with large holdings, this means not only betting on ETH price appreciation but also earning ongoing staking yields.
Second, this is a bet on ETH's performance relative to BTC.
If ETH prices rise in the future and staking yields continue to accumulate, then this fund is actually earning "double returns"; But conversely, if ETH continues to weaken relative to BTC, even whales may not be able to offset exchange rate losses even if they receive staking rewards.
So the most noteworthy point here is not "whales selling BTC = bearish on BTC," which is too simplistic.
A more accurate understanding should be: at least one large fund is converting part of its BTC exposure into ETH and is willing to lock in liquidity to earn ETH staking yields.
Of course, the actions of a single whale cannot represent the entire market, nor can it directly prove that ETH is about to outperform BTC.
But if afterwardsYour sentence *The convergence is the story* perfectly sums up the current market situation.
The price returning to 85K is just the result; the four forces you listed are the reasons, and all four aligned today:
*💧 Liquidity:* The total market cap bounced back from 2.8 trillion to 3 trillion. Yesterday, 1.07 million short contracts were liquidated between 83K-86K, sweeping the market. Once liquidity is ignited, it’s like the stepwise rally you mentioned at 4194 points.
*🏦 Institutional Funds:* ETFs had a net inflow of 593 million last week, covering all previous outflows. That’s why BTC reclaimed the 50-week moving average at 78,206, which is the institutional pricing anchor.
*🐋 Corporate Buying:* Strategy just bought 950 coins this week at an average price of 79,670. The current price at 84,925 already shows unrealized gains. Also, Strive added 1,355 coins last week, bringing their total to 26,355. Corporate treasuries increased net holdings by 2,254 coins this week, with Strategy accounting for 42%. They are buying on the kind of 2,685-point pullback you mentioned.
*🏗️ Infrastructure:* The tokenized stock exemption for 5 years plus a 30-day objection period you mentioned earlier, combined with the ECB’s tokenized settlement platform, is paving the way for institutional entry by lowering barriers.
So now it’s not just *BTC pushing to 87K*, it’s the first time these four forces are moving in the same direction:
Regulation clears the path → Infrastructure is laid → ETFs bring money → Corporates accumulate
Price is just the surface expression of this convergence, One thousand tons of gold were bought up in just eight months, matching the entire volume of last year. This figure is worth more consideration than any trading call.
The mechanism is not complicated: as international gold prices fall and the RMB strengthens simultaneously, the same gram of gold becomes more expensive domestically. When the domestic price shows a slight premium over the international benchmark, importers naturally have the incentive to bring in goods. Analysts at Jinrui Futures attribute this to investment demand, and this explanation currently holds up.
Looking further down the chain, the beneficiaries are the upstream import and refining sectors, while the domestic gold price premium itself is passive—the more goods arrive, the easier it is to eliminate the premium. This step still lacks direct evidence: whether the domestic premium is narrowing.
Keep an eye on the price difference between domestic gold prices and the international benchmark. If the premium continues to converge, it indicates that imports are taking effect; if the premium instead widens, then this round of buying is not arbitrage but driven by other demand. Many in the circle shout about risk aversion every day, but how many truly understand this chain?
#美联储10月再加息概率破55%
#美债短端供给或增万亿美元 #特朗普将会晤海湾六国，伊朗局势迎关键节点 $ZEC Your summary hits the nail on the head, more accurate than what many media outlets say.
*Tokenized stocks don't mean you trade US stocks, it's US stocks settling on-chain*
The SEC's innovation exemption, just issued on September 17, centers on the three points you mentioned, all confirmed in the official document:
*1. The 30-day veto right lies with the listed company*
If a platform wants to list third-party stock tokens, it must first notify the issuer in writing and wait 30 days. If the issuer says "I object," the token cannot be traded on that platform. The real barrier isn't technology, but whether companies like Apple or AMC agree. Previously, AMC's CEO directly criticized AMC tokens on Robinhood, reflecting this conflict.
*2. Not new money entering, but old shells with new settlement*
The SEC requires tokens to represent real ownership, with dividends, voting rights equal to the original shares; synthetic or derivative products don't count. So it's not creating new assets but moving existing NMS stocks into a permissioned pool on public chains for trading, turning T+1 into real-time.
*3. Five-year exemption period, renegotiation upon expiration*
This is a trial. The first venues, according to Peirce, will form as early as next quarter, since notification plus public announcement takes 60 days, so launch is expected mid to late October. There is a trading volume cap within five years; the most active stock can only do 0.25% of average daily volume per venue per day. After expiration, the SEC will redefine permanent rules.
So when UNI rose 21 that day, it was speculating on the licensed AMM pool expectation, not a surge in US stocks themselves. The money is the same, only the settlement moves from DTCC #BTC冲高$87000, the total crypto market cap returns to 3 trillion. The market structure has already changed.
The market short squeeze continues to ferment,
BTC, ETH, and SOL are rising simultaneously, with lagging shorts largely trapped.
Now everyone faces a multiple-choice question:
Is this rally merely a short-term short squeeze caused by short covering?
Or is it the official start of a new strong upward trend?
The real answer depends on the upcoming pullback test:
▪ Key BTC support to watch: 83500‑84500 for short-term, strong support at 80800‑81500
▪ ETH focus: 2530‑2600 short-term defense range
Whether the pullback can hold these dense chip zones is the core criterion to distinguish true from false trends.
Will the shorts stubbornly hold their ground and counterattack, or be forced by the market to admit losses and turn bullish?
My view: Only if the pullback holds the support zone firmly can the bullish logic be confirmed; if the key support zone is effectively broken, this rebound will be questionable. $SOL $BTC #Strategy再度增持，财库同步加仓 Costco and Micron are about to release their earnings reports, and this pairing is particularly interesting: one sells everyday life essentials, the other sells the most scarce memory and bandwidth in the AI era.
Costco can tell us whether ordinary households are still spending, if the average transaction value has been pushed up by inflation, and whether membership renewals can withstand the pressure; Micron will reveal just how strong AI capital expenditures really are, whether the rise in storage prices comes from genuine demand or a cyclical illusion caused by tight supply.
I'm more interested in the language both companies use about the future, not just whether earnings per share beat expectations. If Costco consumers start downgrading but Micron continues to raise AI demand, the market will further split into "old economy under pressure, computing power economy running wild"; if Micron's inventory or gross margin guidance loosens, the most crowded trades in the AI chain will suffer greatly.
The worst thing in earnings season is to only listen to one company telling its own story. Putting the consumer side and the computing power side together is the only way to see where the money is really flowing. These two earnings reports this week are like simultaneously taking the temperature and measuring the heartbeat of the U.S. economy.
#财报观察员：好市多Q4财报即将公布 🚨 The Hormuz suspense remains unresolved, $BTC takes the lead! It broke through $87,000 in one move, reaching a new high since the end of January, with ETFs raking in $433 million in a single day.
On September 19, Rezaei, Secretary of Iran's Supreme National Security Council, told Al Jazeera that Iran has conveyed conditions for starting negotiations to the US through intermediaries such as Qatar and Pakistan. The core conditions include a comprehensive ceasefire on all fronts, unfreezing Iran's frozen assets, and lifting the maritime blockade. Rezaei said they are waiting for a response from Trump.
However, on September 20, Iranian Parliament Speaker Kalibaf responded clearly: "Unless the conditions are met and the US promises to fulfill them, there is absolutely no possibility of reopening the Strait of Hormuz."
Oil prices were the first to price in easing expectations. On September 21, WTI crude oil was priced at $100.3 per barrel, down 1.6%; Brent crude oil was $103.8 per barrel, down 0.9%. The logic chain is clear: Strait navigation resumes → Iranian oil supply released → oil prices decline → inflation expectations cool down.
BTC has already reacted in advance. On September 21, Bitcoin once surged past $87,000, rising 4.22% in 24 hours, hitting a new high since the end of January. ETF funds coordinated simultaneously: on September 18, net inflows reached $433 million in a single day, with Fidelity's FBTC taking $310.7 million and BlackRock's IBIT gaining $108.4 million; no product saw outflows that day. However, the entire week closed with only a slight net positive of about $6.2 million, and net inflows up to September 18 totaled $313.4 million, less than one-tenth of August's $3.539 billion. #$BTC 🚨 $BTC & $ETH — THE PULLBACK TEST IS UNDERWAY 👀 BTC and ETH have both cooled after their recent upside breakout, so I'm treating this phase as a confirmation period rather than chasing the move. I currently have small BTC and ETH short positions open, but the plan is simple: let price action around support decide whether they stay open. 📍 BTC WATCH ZONES $85K → first decision area $83.8K → next downside level $82K → stronger support If BTC loses the $83.8K region and continues lower, I’ll keeCapability list for Coinbase Developer Platform (CDP):
'Stablecoin payments + trading + custody + financing + agentic finance + issuing proprietary assets.'
This is Coinbase's clear move in the 'Coinbase-as-a-Service' direction:
Coinbase is no longer an 'exchange'; it is a financial infrastructure provider, and all businesses can access its stablecoin/custody/issuance capabilities;
agentic finance is the key new term—
meaning Coinbase has integrated AI agents into financial processes as a new direction, and in the future, AI agents will automatically open accounts/trade/hedge on Coinbase.
If your project needs 'compliant payment/custody/asset issuance' capabilities, directly calling CDP's API is more than 10 times cheaper than building your own.
In the next 3-5 years, the crypto company layer will become 'application layer + Coinbase infrastructure layer,' completely bypassing traditional banks.
The future looks promising 🤔#Market heats up again, but private keys should never be stored on your phone
Current OKX Planet hot post reminder: browser vulnerabilities and mnemonic phrase storage methods can cause irreversible losses more easily than a single market dip. Many people focus on BTC and ETH price fluctuations but keep private keys, mnemonic phrases, screenshots, and wallet login environments all on the same phone.
My security bottom line:
Offline backup of mnemonic phrases—do not store them in notes, photo albums, or cloud drives; hot wallets should only hold small amounts needed for exchanges; always check permissions before approving any signature or authorization pop-ups on websites—don’t blindly accept airdrops; use hardware wallets for large assets and test transfers with small amounts first.
You can wait for the next market opportunity if you miss one, but there’s usually no undo button if your private key leaks. "Wallet security" should be part of your trading plan.
$BTC $ETH $SOL First principle of fire scene reconnaissance: blindly attacking inside when thick smoke obscures and temperature drops sharply is equivalent to leaving your life in the collapse zone.
$ETH is currently at 2730.11, with the 1-hour Bollinger Band middle line pressing at 2749.32 forming a strong resistance beam, and RSI stagnating at 51.6, a smoldering equilibrium point. Above, 2783.96 is the critical explosive ceiling, below, 2714.68 is the first load-bearing bottom beam.
The short sellers' residual fire is still spreading; before the smoke is fully cleared, any impulsive long position is like jumping into a blind shaft without a safety rope laid. My strategy is to build a defensive position backed by the refractory limit, placing orders in a defensive stance to intercept.
- Target: $ETH 🔴
- Entry: 2740.00 - 2750.00
- TP1: 2715.00
- TP2: 2680.00
- SL: 2765.00
When the gas cylinder pressure alarm sounds, evacuation is mandatory; 2765.00 is the absolute retreat signal. Once the safe passage is closed, never linger in battle.🧑🚒
#StrategyPlaybookA major player reportedly closed out 38,000 ZEC in short positions in a single move, taking a staggering $35 million+ loss. But digging deeper into the on-chain data revealed an even bigger surprise: this same account was secretly holding around 202,000 ZEC in spot. 👀 Now the speculation is running wild. Some veteran traders are joking that this whale may have been putting on a full-blown show—dumping huge short positions, creating fear and uncertainty, and shaking out weaker hands, while quietYes, it's this transaction. Details just disclosed in the SEC 8-K:
*This purchase:*
950 $BTC bought during the week of September 14-20, spending $75.7M, average price *$79,670*, all bought with existing cash, no MSTR stock sold for financing.
*Current holdings:*
After the increase, holdings reached *846,000 $BTC*, total cost about $63.8 billion, average cost $75,416, about 4% of the total 21M supply.
*Key signals:*
1. *This is the first return after a two-week pause*, ending the gap since the end of August; Saylor previewed with "a little more orange".
2. *Not only buying BTC, but also repurchasing:* In the same week, $174 million was spent to repurchase 1.77 million STRC preferred shares, and $57.4 million was paid in dividends and interest, indicating active capital structure management rather than reckless all-in.
3. *Unrealized gains have returned:* At the current BTC price of $84,925, holdings are valued at about $71.85 billion, unrealized gains about $8.05 billion, so MSTR stock price jumped 8% yesterday to $167.47.
Your statement is very accurate: *"What really matters is not short-term volatility, but long-term holding logic"*. At the peak on June 22, it held 847,363 $BTC; now at 846,000, just 1,400 short of the peak, but it prefers to slowly buy with $1.05 billion cash on hand rather than issuing new shares to dilute, this is accumulation during the pullback This round of altcoin market rally should be nearing its end; the broad-based beta phase has concluded. Going forward, only a very few coins might still have opportunities, but this will test coin selection and trading skills more.
The double bottom pattern of TOTAL3 (the total market cap excluding the top ten coins by market cap, usually regarded as a reference for altcoin market cap) has basically rebounded to the corresponding target level. Many altcoins are already showing clear signs of fatigue on the daily chart.
This broad rally in mid-September, in my opinion, is destined to be unsustainable because it doesn't make logical sense—most are trash, so why should they rise? Even AI worries about bubbles, and these trash coins in the crypto space are bubbles within bubbles. Of course, a few with fundamentals, actual revenue, and buybacks are another matter.
I have basically cleared out my altcoin positions and am preparing to look for opportunities to short. Now, whether it's Bitcoin or Ethereum, don't overreact to all kinds of news
The impact of news on the market has already been priced in by the market in advance, and its effect is getting weaker and weaker
Interest rate hikes are being implemented worldwide, negative news has no reaction
Bills not passing are also negative news
Bitcoin simply can't be pushed down
On the contrary, an SEC-driven innovation exemption pushed Bitcoin from 76,000 to 80,000
On September 18 alone, $433 million flowed in, all 12 ETFs had net inflows, none had net outflows
On September 19, the single-day net inflow was $999 million
Rested and consolidated on the 20th-21st, ETFs didn't trade either
Today, the 22nd, it surged to 87,000 amid crowded buying; I estimate today's net inflow is also not low
The core focus is on one thing: real capital inflow in the market
Sometimes news is used to justify market trends, giving reasons for bulls or bears
When capital truly enters, even if negative news is everywhere, the market can still rally
If capital keeps flowing out, no matter how much positive narrative there is, the rebound is just a bull trap
If there is no black swan event, according to the bull market rhythm, institutions will buy on dips, and good news favorable to crypto will lead to frantic buying of spot ETFs; if the news comes on the weekend, Monday will see even more buying and a sharp rise Summary of the Relationship and Significant Meaning of Stock Tokenization and UNI
1. What is the relationship between the two?
Stock Tokenization: Compliance issuers map real stocks such as US stocks and ETFs into on-chain tokens. These tokens track stock prices and have on-chain tradable attributes; the tokens themselves are minted by third-party institutions (Ondo, Backed, etc.), and UNI does not issue these stock tokens.
UNI (Uniswap) is the underlying infrastructure supporting stock token trading.
It mainly relies on Uniswap v4's Permissioned Pools + Hooks technology:
1. Permissioned Pools embed compliance checks at the contract layer. Before each transaction, the smart contract automatically verifies whether the wallet is on the issuer's whitelist, completing KYC admission, and writes compliance rules on-chain, no longer relying solely on front-end page restrictions.
2. Stock tokens (AAPL, NVDA, etc.) complete automated market making trading within Uniswap liquidity pools. The liquidity providers earn fees, directly increasing Uniswap protocol revenue, benefiting the fundamental value of the UNI token.
3. The SEC's innovative exemption proposal recognizes this permissioned AMM trading model for tokenized securities. The market views this as a major regulatory positive for Uniswap v4 Permissioned Pools, which is one of the core catalysts for the current UNI market rally.
In simple terms: Stock tokenization is the asset; Uniswap is the decentralized exchange infrastructure for trading these assets on-chain; UNI is the governance token of the Uniswap protocol, sharing in the protocol's growth dividends.
2. Significant Meaning
1. For the DeFi industry: bridging the boundary between traditional finance and on-chain assets
Previously, DeFi only traded crypto-native assets (BTC, ETH, various tokens). The landing of stock tokenization on Uniswap means traditional stock assets enter the decentralized automated market-making system, no longer limited to centralized brokers.
Traditional stock markets only trade during the day; tokenized stocks support 7×24-hour uninterrupted on-chain trading and cross-regional asset interoperability, which is a revolution in financial trading models.
2. For Uniswap & UNI: significantly raising the business ceiling
- Business expansion: no longer limited to crypto trading, adding a trillion-level RWA (real-world asset) track, institutional funds and traditional wealth management funds have channels to enter the Uniswap ecosystem, expanding sources of trading fee income.
- Technical barrier: v4 Permissioned Pools + on-chain compliance checks are among the few underlying solutions in DeFi that can support compliant securities assets, forming a differentiated moat and attracting institutional cooperation.
- Narrative upgrade: UNI evolves from a pure crypto DEX governance token to a core infrastructure token connecting traditional securities markets and Web3, with its valuation logic being re-priced.
3. For traditional finance: asset on-chain, upgrading asset liquidity and composability
Tokenized stocks can freely combine with stablecoins, on-chain wealth management, staking, lending, and other DeFi tools. Stock tokens can be used as on-chain collateral and for automatic dividends, which is a financial innovation difficult to achieve with traditional brokerage accounts.
It is not about replacing exchanges or brokers but serving as a complementary on-chain liquidity channel.The cow really came, and this time it wasn't an illusion!
The main Bitcoin surged strongly to 87,300, the second board simultaneously climbed to 2,800, while ZEC bucked the trend and plunged nearly 1.8%, falling to 1,472. On the surface, things were chaotic, but the underlying logic was exceptionally clear.
DaBing's Erbing follows the main theme of "compliant yield generation." Biting is driven by the continuous fundraising from spot ETFs, corporate treasury allocation, and the surge in U.S. Treasury issuance leading to liquidity easing; Erbing, on the other hand, is being aggressively acquired by the narrative of on-chain staking and DeFi yields driven by BlackRock and Fidelity's promotion of staking ETFs, with funds frantically acquiring its "yield-bearing asset" attributes.
ZEC's lagging behind was purely a backlash from profit-taking. It surged 25 times earlier, short-term chips were extremely crowded, and when the market fluctuated, profit-taking poured out all at once.
My judgment: This rally is not sentiment speculation, but rather funds voting to choose assets that are "compliant, yielding, and practical." BTC holds at 86,000, and 2 BTC at 2,700, so short-term stability; ZEC is too volatile, don't rush to bottom-fish, wait for a bottom around 1400.
Strategy: Spot firmly holds onto the second round of BTC, ZEC patiently waits for stabilization. Not chasing highs, the indicator is already overpriced.
$BTC $ETH $ZEC
#BTC冲高 $87,000, the total crypto market cap returns to 3 trillion #Strategy再度增持, and the treasury is increasing its holdings simultaneously Can someone explain, watching a single intraday trade every day, is there really anyone who can easily multiply their capital by forty or fifty times in a year or half a year? What if there are consecutive losses? What about the risk-reward ratio?The biggest fear when buying US stocks on-chain is that small orders get eaten up by fees until nothing is left, and now someone has finally laid out the numbers for comparison.
Sam Schubert, an analyst at Blockworks Research, took the same stock Micron (MU) over the same period and calculated the "total cost" for Backpack and Robinhood Chain — not just the official zero commission, but the real transaction cost including slippage, DEX fees, and on-chain fees. For the sample from 9/3 to 9/16, orders under $100 had about 0.12% cost on Backpack, while Robinhood Chain charged 5.42%, a difference of over forty times. For orders between $100 and $1000, it was 1.6 basis points versus 43.7 basis points, the gap remained huge.
The reason is simple: Robinhood Chain is built on Ethereum Layer 2, so no matter how much you buy, a fixed gas cost is deducted first, which hits small orders the hardest; Solana’s absolute fees are much lower. This is a sample from two ranges, not a guarantee your next order will look like this; intraday depth and on-chain congestion can change the numbers.
If you’re buying US stocks on-chain with small capital, which would you choose?
$MU $HOOD $ICP recently released the Mission70 whitepaper, planning to reduce token inflation by at least 70% by the end of the year, with supply contraction expectations becoming the core driver of this market cycle. Market funds have begun to reassess the project's long-term valuation, and the chart shows a bottoming and rebound structure.
From a technical perspective, after completing bottom consolidation, the price gradually lifts its lows, breaking the oscillation range upwards, with bullish funds continuously entering to support. A 50x perpetual long position was placed at the 2.866 price level, following the catalyst from fundamentals and K-line structure resonance.
The current mark price is 2.965, with a floating profit of 172.71% on the position. The market continues to recover based on news, maintaining a steady upward trend in the short term. The capital game is ongoing, and volume changes on the chart will continue to be monitored. $BTC $ETH #BTC冲高$87000，加密总市值重返3万亿 Coverage: gold, crude oil, AI storage chips, AI industry, crypto market ($BTC/$ETH), including US Treasury yields, the US dollar index, and the probability of Fed rate hikes. I. Core Points 1. The Nasdaq closed at 27,122.09 (+2.26%), closing at its highest level since June; AMD surged 9.95%, with its market value surpassing $1 trillion for the first time, and the Philadelphia Semiconductor Index rose 5.29%—the two major headwinds weighing on US stocks for three weeks (oil prices, 10-year US Treasury yield) turned around simultaneously on Monday. 2. Crude Oil plunged: WTI closed at $95.78 (-4.51%), Brent closed at $100.34 (-3.40%), Brent fell below $100; Trump expressed willingness to meet with the Iranian president, Iran has sent messages to mediators, and the geopolitical premium was diplomatically withdrawn. In other words: oil prices are falling not because of demand, but because of panic. 3. Gold under pressure: Spot gold closed at $4,343.70 (-0.78%), dropping intraday to around 4,322; The US dollar index hit a two-month high at 100.44, with a probability of about a 56% rate hike in October, a double blow. This morning, the Asian session only rebounded slightly to around 4,365. 4. Storage has not cooled: Channel surveys show hyperscale cloud vendors have signed DRAM contracts for Q1 next year at higher prices than Q4, and Samsung is reported to have at least doubled HBM4 production in 2027—buyers are betting with real money that 'supply cuts will continue.' 5. Bitcoin broke through $85,000 intraday, reaching a high of 86,042, a three-month highWhen I first started trading, I always wanted to know the price movement in advance. Later I realized that at the same spot, some see support, some see a bull trap; some say rebound, others say continuation. The most absurd thing is, they could all be right.
Technical analysis is not a crystal ball; it’s more like marking positions where funds are likely to diverge. Previous highs and lows, round numbers, moving averages—why do they work? Because many people watch them, many bet on them, and many set stop losses there.
Experts don’t think in terms of "will it definitely go up or down," but rather: how much will I lose if I’m wrong, and how much will I gain if I’m right. If you’re wrong, get out quickly; if you’re right, hold on. Dare to bet on big opportunities, avoid fussing over small ones.
Surviving longer is always more important than guessing correctly.In the future, every stock will have an "accompanying meme token" on the Chain. The characteristics of this meme token are:
It runs on a Chain with massive distribution (such as Robinhood Chain); its position is determined by real market demand (not liquidity mining), allowing it to gain or lose status.
Behind this: on-chain memes are no longer just "crypto community self-entertainment," but rather "cultural derivatives of stocks";
Robinhood Chain is strong because it has the dual foundation of "stock users + on-chain capabilities."
The memes that will succeed in the future must have "real narrative (real stocks) backing," rather than fabricated animal coins.
Focusing on the on-chain stock token mappings + meme pairing projects on Robinhood Chain will be the source of alpha in the next 12-24 months.From the perspective of trend speculation, key observations can be made:
First observation group: HYPE / ZEC / NEAR
These three have already shown clear capital and trend characteristics, but their nature is completely different:
HYPE → Leading trading infrastructure
ZEC → Privacy narrative + very strong momentum
NEAR → New narrative of cross-chain Intent/liquidity infrastructure
Second observation group: SOL / UNI
Assets that may experience catch-up gains + a second wave of trends.
Third observation group: BTC / ETH
More suitable as the core barometer for judging the entire market cycle.AMD's market value surpasses $1 trillion—what does the chip stock surge mean for the crypto world? AMD surpassed $1 trillion in market cap for the first time, with its stock price hitting a record high. Chip stocks like Intel and ARM also surged in tandem, and the Nasdaq closed at a record high.
What truly matters to the crypto world is not AMD itself, but the change in capital risk appetite.
Recently, the market has been re-embracing AI, high-growth, and technology assets. The collective rise in chip stocks essentially indicates that capital expectations for AI capital expenditure and future growth have reheated up.
This logic also carries over to the crypto market:
AI expectations heat up→ tech stocks rise→ risk appetite rebounds→ funds are willing to allocate to highly volatile assets→ BTC is the first to benefit→ further spreading funds into ETH, SOL, and the AI+Crypto sector.
Moreover, the current linkage between BTC and US stocks remains worth watching. On September 21, while US stocks rose, BTC briefly broke through $86,000, indicating that BTC remains a major beneficiary of global risk asset sentiment.
The second impact is the resurgence of the AI+Crypto narrative.
If the AI rally continues to spread from chips to computing power, data, agents, and payment infrastructure, then corresponding sectors in the crypto world—AI, DePIN, AI Agents, and AI payments—may see capital rotation.
But here's a key difference:
AMD's rise does not necessarily mean AI projects in the crypto world will rise.
US AI stocks are supported by real earnings, orders, and capital expenditures, while many AI tokens currently rely more on expectationsApple and Google suddenly competing for the same type of talent:
In the future, you might be using cryptocurrency without even knowing it
Everyone is guessing that Apple and Google hiring stablecoin talent means they might be preparing to issue stablecoins. But I think the focus might not be on "issuing coins" at all, but on who wants to capture the next generation of payment entry points.
From the hiring directions, Apple is closer to user entry points like Apple Pay and Apple Cash, while Google Cloud is targeting the underlying infrastructure needed by exchanges, custodians, and financial institutions.
One manages how you spend money, the other manages how money flows in the background.
Of course, hiring doesn’t mean the products are already launched, nor can it directly imply that the two companies will issue their own coins. But at least it shows that stablecoins are evolving from a small tool in the crypto world into payment infrastructure that tech giants cannot ignore.
For the crypto market, the first beneficiaries might not be the cryptocurrency market itself, but stablecoin issuers, payment service providers, and public blockchains that can handle large volumes of low-cost transactions.
If stablecoins are integrated into mobile payments and cloud services in the future, ordinary people might not even need to know what blockchain is, yet they will already be using on-chain settlement.
The real large-scale adoption of crypto might not be everyone starting to trade coins, but that after using it for a while, no one even realizes they are using coins.
#Apple、Google招聘稳定币相关人才，或进军加密支付？ 🚨 SHORTS ARE GETTING SQUEEZED.
$BTC → pushing higher
$ETH → catching momentum
$SOL → following the move
Liquidations can accelerate an upside move when crowded shorts are forced to close.
But here’s the key:
The squeeze is not the confirmation.
If spot buyers keep absorbing supply and volume remains strong, the move has a stronger foundation.
If volume fades and price loses the breakout zone, the squeeze can unwind quickly.
👀 Watch the next retest.
#BTC87KCryptoCap3T #DailyOrbit The short sellers of Dogecoin should now be most worried not about misjudging the direction, but about not surviving long enough to be proven right.
The liquidity above is as thin as a sheet of paper. Sparse sell orders mean it doesn't take much capital for the price to be pushed up a bit. This structure is most dangerous for shorts: your bearish logic might be sound, but the Doge whales don't need a trend reversal; they just need an upward spike to sweep away the dense stop-loss orders near your liquidation point, wiping out your position. After the spike, the price returns to its original path, everything remains the same, except your account is left behind. #BTC冲高$87000，加密总市值重返3万亿 $DOGE $PEPE
I will focus on these key levels
Scenario Focus Area Meaning
Strong Breakout Above $0.00000515 If volume supports a stable hold, it may continue to test higher resistance zones
High-Level Consolidation $0.0000045–0.0000052 Profit-taking digestion after a sharp rise, which is quite normal
Short-Term Pullback Around $0.00000418 Be cautious of a retracement if it breaks below this level
Deeper Pullback $0.0000036–0.0000037 This is the next support area worth watching in recent analysis
The biggest short-term risk is rising too fast. Analysis on September 21 showed PEPE's 4-hour RSI once reached about 82, indicating an obviously overheated zone, so even if the mid-term trend continues upward, a significant pullback could occur first.
Additionally, the recent rise has no clear fundamental catalyst for the PEPE project; it is more driven by meme coin sector capital rotation + speculative sentiment + technical breakout; reports also indicate a high proportion of suspected wash trading volume recently, so this rally should not be simply interpreted as a fundamental reversal.
It is not to be assumed that it will keep surging indefinitely. Especially whether the area around $0.00000515 can be effectively broken through and maintain volume is a very critical observation point currently. ETH Current Market Analysis
Overnight, $ETH surged to test the high at 2810, then entered a healthy consolidation and correction phase.
After a rapid rally ended, the market entered a high-level consolidation state, with a clear short-term strength and weakness dividing line.
The current primary support zone is 2730–2750, converted from a previous resistance level to a support band, serving as the core short-term bullish defense.
If the price holds above this zone, the current upward trend structure remains intact, and the market will continue to oscillate at high levels with room to expand upward.
If the support is effectively broken, the next key strong support to watch is 2670–2680, which is also a critical structural point for this rebound phase.
#BTC冲高$87000，加密总市值重返3万亿
#ETH强势拉升，空头清算超11亿美元
Trading Technical Plan:
If volume increases and the price breaks below the key 2670 level, the short-term bullish structure weakens.
Avoid subjective bottom guessing and premature rebound speculation; patiently wait for a new K-line structure to form before choosing to participate in the market.
—
💓 Trading Mindset Sharing
In recent trending markets, most people commonly face the issue of missing out due to selling too early.
Taking profits prematurely during an uptrend and watching the market continue to surge easily breeds regret.
This can lead to two fatal trading mistakes: impulsively chasing highs to recover positions, or stubbornly holding losing positions without stop-loss.
The best current solution: pause frequent trading, observe and settle, and calm the fear of missing out.
Do not let emotions control your rhythm; only trade within your own understanding and clear structural certainty.
—
💰 Fundamental Upgrade Progress Tracking
1. October 6: ETH Sepolia testnet will start fork testing, implementing core scalability upgrades and optimizations.
2. September 28: SOL network new version upgrade officially activated, boosting overall sentiment in the public chain sector.
#加密总市值重返2.8万亿美元
⚠️ Personal market review, does not constitute any investment advice $AKE Long position review: Entered at 0.04131, 20x leverage, mark price 0.05446, unrealized profit +636.64%.
From a technical perspective, the hourly chart shows a double bottom structure near 0.04, with volume moderately increasing before a volume breakout above the neckline. MACD shows a golden cross diverging upwards, and the moving average system is in a bullish alignment. The market movement is very steady, without violent shakeouts, representing a typical trending market with perfect volume-price coordination.
In terms of operation, the trailing stop has been moved up to the cost line to secure breakeven first. The resistance above is at the 0.06 whole number level; a breakout would open space towards 0.08. If pressured and falling back, take profits in batches and exit without stubbornness.
20x leverage carries extremely high risk; be cautious of extreme market spikes and control your trades. #BTC冲高$87000，加密总市值重返3万亿 $BTC $ETH Overseas KOLs are bullish on $CORE against the trend? Bull market target still looks at $0.5
Despite the global high interest rate expectations heating up again, many crypto influencers on X and Twitter still include CORE in the BTC-Fi key watchlist and set a target price of $0.5 for this bull market cycle. The overseas discussion focus is not on short-term price fluctuations but on whether its Bitcoin financial narrative can truly take root.
🔥 Three new bullish logics from overseas
1. Hashrate is not just packaging but bound to the consensus layer
Most BTC-Fi projects remain at cross-chain mapping and asset wrapping. CORE’s difference lies in introducing Bitcoin miners’ hashrate into network security and consensus, making hashrate expansion and halving cycles endogenous variables of the network rather than external concepts. This structure is harder to simply replicate.
2. From hoarding BTC to a yield closed loop using BTC
The overseas community focuses not on single staking but on the closed loop formed by staking, AMP, LST, and SatPay: BTC can generate yield, maintain liquidity, and enter payment scenarios. If institutions accept this "Bitcoin bank" framework, CORE could become the entry point for BTC yield layers.
3. Fusion upgrade seen as a revaluation trigger
The Fusion upgrade is widely discussed overseas not just as a technical upgrade but as a potential change in how token value is captured. If the upgrade improves staking, cross-chain, and asset protocol efficiency, the market will reassess CORE’s position in the BTC-Fi track.
#全球高利率预期再升温 Sandisk's S&P 100 entry looks like a useful test of positioning versus fundamentals. Shares rose 10.99% in the final session before inclusion, then slipped about 1.4% on Sep 21 as passive allocation completed.
The stronger signal now is FY2026 data center revenue, up 437% YoY. Micron's Sep 30 earnings could help distinguish an industry-wide storage cycle from company-specific momentum.
#SandiskSP100AIFocus $ADA Key short-term levels to watch are 0.2480 and 0.2418; the former is the upper Bollinger Band, and the latter is the lower Bollinger Band combined with support near MA20.
The Fear and Greed Index reads 78, indicating an extreme greed zone. This means market sentiment is overheated with increased risk of chasing highs, but it also shows that funds are still rotating within the market. BTC's recent stabilization has provided a catch-up window for altcoins. ADA is up +5.40% in 24h with a trading volume of 77.7M USDT, representing a moderate follow-up rally rather than an emotional surge, which is healthier than a sharp spike. Technically, MA5=0.24616 is slightly above MA20=0.24491, showing a short-term bullish alignment; RSI=60.7 is in a neutral to slightly strong zone, not yet overbought; however, the MACD histogram is -0.0005508, with momentum still below the zero line, indicating that upward moves require volume confirmation. The funding rate at +0.0100% is normally slightly bullish, with no excessive crowding among longs.
Directionally, I lean bullish but only plan to buy on pullbacks, not chase highs. Entry reference is 0.2430–0.2450, near the MA20 and the middle Bollinger Band pullback zone, offering a better risk-reward. Take profit 1 is at 0.2480, corresponding to resistance at the upper Bollinger Band; take profit 2 is at 0.2530, an extension target after breaking above the upper band. Stop loss is set at 0.2395; if it breaks below the lower Bollinger Band at 0.2418 and loses MA20 support, the short-term bullish logic fails.ETF ISN’T CHASING PRICE — IT MAY BE LEADING IT
$BTC just saw nearly $1B in ETF inflows, yet price slipped to $85.12K (-1.72%). $ETH showed the same pattern: +$269.98M, while price fell 2.14% to $2.72K.
That’s the interesting part:
Red price. Green flows.
If ETF investors are buying the dip,
the question isn’t just Who is selling?
it’s Who is absorbing the selling?
#BTC87KCryptoCap3T Brothers, yesterday the "genius trader" on-chain knight completely crashed.
Yesterday, the yield once reached over 80%, but when people get cocky, their brains stop working.
Originally, the trading was going well, but I stubbornly shorted Ethereum with 10x leverage right from the start, crazily adding positions, and soon all my bullets were gone.
But Ethereum didn’t give me any face, it kept rallying and rising all the way up to 2806.96.
My short position had a floating loss of more than half, and in the end, I had to admit my mistake and stop the loss.
The most heartbreaking part is that the price dropped again the next day.
Yesterday, I kept adding to my short position while Ethereum kept surging, which completely stunned me.
This crash made me fully realize: making 80% profit doesn’t mean you’re a genius; when the market goes against you, 10x leverage can just as easily wipe out all your profits.
So from now on, I’m setting new rules: fixed principal of 100U, starting over.
Leverage controlled between 3 to 5 times, no more stubborn 10x.
Add positions in batches, with the first position only 10%, then subsequent batches laid out in a 1:3:5 ratio.
The most important rule: stop loss at 50%, admit mistakes when reached, no more holding on indefinitely.
Consider this tuition paid, starting fresh with 100U, survive first, then talk about making money.
#BTC冲高$87000，加密总市值重返3万亿 I recalculated the 10,000 U I lost.
I didn't trade these past few days after liquidation, which actually gave me time to go back and review my previous records. Overall, I lost about 10,000 U. In the past, when I lost, I just accepted it and rarely did a proper tally. This time, I reviewed each trade one by one and discovered a rather painful issue:
I wasn't losing on a single trade, but kept repeating the same mistake.
When the price rose, I was afraid of missing out, so I chased longs.
When it fell, I was afraid it would keep dropping, so I chased shorts.
When I just went long and faced a pullback, I started doubting myself and then reversed to short.
After reversing, the market would rally again, so I reversed back to long. I made quite a few trades in a day, but only a few were truly planned. Even worse, I couldn't stop after losing.
A phrase kept running through my mind:
"This trade will recover the previous losses." So I kept increasing my position size and trading more aggressively. The last 5,000 U liquidation was actually just the accumulated problems exploding all at once. Looking back at this 10,000 U loss now, I think I can't simply blame "bad market conditions." The market will always have times that don't suit you.
The real questions are: Why didn't I choose to exit when the market didn't go as I expected?
Why did I keep trading even after consecutive mistakes?
Why was my first reaction after losses not to stop, but to try to recover?
This liquidation forced me to stop.
Now I have no positions and no funds to continue trading, so I won't trade for now. I'll first understand my past mistakes. Moving forward, I will keep recording these things.
Not to predict how much I can earn next time, but to see if I can make fewer mistakes first. When that $BTC order of over twenty million on Hyperliquid was liquidated, the project team was actually looking at another chart. In four hours, long positions liquidated 41 million, while short positions only 16 million.
This difference is not a market issue but a position structure issue. When the longs get crowded to a certain extent, as soon as the price drops a bit, forced liquidations will trigger a chain reaction of further liquidations.
#BTC87KCryptoCap3T