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来自台积电的“进化”——台积电财报告诉市场，高性能计算收入大幅提高，半导体企业转型AI基础设施公司！ 简单回顾一下台积电的财报吧，简单来说就是强，非常强，比此前预期的还要强！ #台积电Q3净利润超预期，盈利创历史新高 1，美元营收同比增长41%，净利润却高达69%，EPS4.6美元，这意味着当前AI周期并不是单靠砸资本开支换营收增长，而是产能利用率，产品升级组合，先进制程溢价来综合盈利 2，Q3平台收入，HPC（高性能计算）从去年的57%提升为68%，意味着台积电已经成为一个综合性的AI基础设置公司，并且在AI资本开支的上游占据重要的收费关口 3，晶圆收入，2NM收入快速增长至8%，7NM及以下收入快速占比至79%，核心收入重心逐渐转移到2NM系列，管理层指引2027年2NM产能将翻倍 4，将2026年全年美元收入营收增长预期再次提高44%，CEO表示先进制程需求依旧很大，AI供需缺口依旧存在，短期不用担心台积电的订单会减少 5，CEO表示，随着AI模型开源普及会降低AI的使用门槛，从而扩大最终需求。 当然，财报强并不代表股价一定强，今天的台积电印证了这一点！ 其实台积电股价下跌有价For those trading on leverage, keep an eye on a number you usually don't watch today: the 10-year US Treasury yield plunged 13 basis points in one day, falling back to around 5.07%. Don't underestimate this drop.
Recently, this yield surged above 5.3%, hitting a multi-year high, acting like a heavy stone pressing down on all risk assets—borrowing costs are high, discount rates are elevated, and both crypto and tech stocks have been suppressed. Now that it’s turning downward, it means the pressure has temporarily eased.
My interpretation is: this likely opens a one-to-three-week breathing room, not the start of a big bull run, but a rebound after being overly stretched. If this judgment proves wrong, watch whether the yield climbs back to its previous high. Short-term traders shouldn’t mistake this breather for a reversal to chase; a rebound at $BTC’s current level without volume support shouldn’t be considered a bottom.The Philadelphia Semiconductor index evaporated over two trillion in seven trading days, with the screen full of people cutting losses and exiting, Samsung and Hynix getting hit every day. At such a time, I did something counterintuitive: I didn’t short more, but instead took long positions on the oversold memory stocks.
Let me clarify the logic first, don’t take it as a bottom-fishing belief. The most profitable shorting happens during the trend acceleration phase, but when panic has scared everyone to the floor, foreign capital has been selling for more than ten consecutive weeks, and valuations have dropped to the bottom of the cycle range, the odds of continuing to short start to worsen — at this point, you’re not betting on a fundamental reversal, but on a rebound after emotions have overshot.
This is a typical low-frequency big bet: not trading every day, but waiting for the crowd to push one direction to the extreme, then standing on the opposite side. Positions have hard stop-losses; if the daily chart truly breaks key support, I immediately admit my mistake and exit, never holding on or adding to shorts. Catching the oversold means catching the odds, not faith.The 2026 U.S. Midterm Elections, Less Than Three Weeks Until Voting Day
The U.S. midterm elections are not just a congressional election. They could affect the Trump administration's policy space for the next two years, U.S. economic policy, global financial markets, geopolitics, and the Bitcoin, Ethereum, and overall cryptocurrency markets you have been following.
First Layer: Election Results
How many congressional seats each of the Republican and Democratic parties wins
Second Layer: Changes in Political Power
Bills, budgets, regulations, investigations, and government personnel
Third Layer: Economic Policy Expectations
Taxes, tariffs, fiscal deficits, interest rate expectations, and regulation
Fourth Layer: Markets and Real Life
U.S. stocks, the U.S. dollar, gold, BTC, ETH, corporate investment, and employment
It will change the intensity of government investigations, oversight, and political games
Congress has the power to investigate and oversee the executive branch. If the opposition party controls key positions in the House or Senate, it may arrange more hearings, request government officials to provide documents, and investigate policy implementation.
Possible consequences include:
Government departments needing to allocate more resources to respond to congressional investigations.
Policy disputes entering the public eye more frequently.
Negotiation time for major bills possibly lengthening.
Conflicts between the two parties over budgets, debt ceilings, and government appropriations.
However, increased investigations do not necessarily mean the government is breaking the law, nor does it mean a government shutdown is certain. The real impact depends on the investigation content, congressional negotiations, and specific legislative processes. #NetflixQ3AdsAndMargins $SUI is up ~42% in a month, but DeFi TVL sits near $550M against a $2.6B peak last October, and daily active addresses are ~121K vs a 2.2M high. Price is moving without usage confirming it. My read: neutral into the Nov 1 unlock. Hashi mainnet and Samsung Wallet USDC (late Oct) are real catalysts, but they have to show up in TVL first. Levels: $1.13, last week’s high, and $1.00. I turn bearish on a daily close under $1 with TVL flat.
#TeslaQ3ProfitAndMargins This $ETH 100x long position is currently at 2347.43, with an unrealized profit of +415%. Many people sold at 2410, but why am I still holding? Let me explain the market logic.
Looking at the 4-hour chart, the 2315.26 wick tested support and held, so I entered at 2347. The price has rallied since then. The upper MA20 (2466) and MA30 (2486) form a dense resistance zone; 2420 is just a midpoint, not a selling point. Volume hasn't shrunk, and MA5/MA10 have already turned upward, so this rebound isn't over yet.
But the key isn't about being bullish or bearish—it's about position sizing. With 100x leverage this high, I accepted before opening the position: stop loss below 2347, no chasing or selling at 2420, and decide on reducing position in the 2466-2486 range. Most people panic after a 100-point profit, fearing profit retracement, which essentially means they didn't plan their take-profit levels before opening the position. I've suffered that loss before; now with an unrealized profit, I'm calm.
However, 100x leverage is a double-edged sword. Not selling at 2420 doesn't mean I'll stubbornly hold at 2486. When hitting resistance, it's time to take profits—take some now, leave some for the market to decide overnight. Profit comes from knowledge; loss comes from greed. #美国CPI与PPI双超预期，年内能否再加息？
CPI just exceeded expectations, and PPI followed suit; this data combination is not very friendly to the market.
US September PPI rose 6.3% year-on-year, with expectations at 5.3% and the previous value around 5.5%, so this is quite a jump. Month-on-month it rose 1.3%, while expectations were only 0.5%. Core PPI also exceeded expectations both year-on-year and month-on-month. Coupled with yesterday's CPI year-on-year at 3.7%, higher than the expected 3.6%, and core CPI at 2.6%, above the expected 2.5%, both sets of inflation data are continuously on the hot side.
What does this mean? It means the root cause of inflation hasn't been eliminated. Energy prices are rising, commodity prices are rising, and production-side pressures are still transmitting to the consumer side. The market previously bet on no rate hike in October, but now that logic needs to be recalculated. Expectations for another rate hike within the year are heating up, US Treasury yields and the dollar index will rise again, and valuation pressure on risk assets will return.
However, there is no consensus within the Federal Reserve. Daly said a rate hike might be necessary but not urgent. Goolsbee said more data needs to be seen. Walsh will have a dialogue with the IMF president at 11:30 this morning to see how he responds to this inflation data. If he emphasizes stubborn inflation and leans hawkish, the market will have to continue to endure. If he downplays the single-month data and leans neutral, sentiment can stabilize.
For BTC, the short-term pressure is direct. The 80,000 level is the short-term dividing line between bulls and bears; breaking it may trigger stop-loss selling and a downward probe. Resistance is between 83,500 and 84,500, support is between 81,500 and 82,000. $BTC On-chain anomalies don't play dead. In the past 24 hours, a giant whale increased holdings by 5,000 BTC, equivalent to $570 million, while multiple large ETH transfers occurred, indicating that smart money above 80,000 is not retreating but accumulating again. On Hyperliquid, after taking a $6.83 million 50x long position, a reverse $13.45 million short position was opened; this reversal should be watched for, as there is short-term selling pressure testing.
The current price is 82,558. The liquidation pressure above is indeed not significant, but technical indicators suggest a need for a pullback. A large number of long liquidation points are accumulated around 80,609 below; pushing down to this level would trigger a chain liquidity explosion, which could easily lead to a V-shaped rebound. Just closed a small old position climbing six floors, the phone vibrated, price is still grinding below 83,000, no breakout yet.
No chasing in operations. Wait for a pullback to 81,200–81,900 to gradually buy long positions, with stop-loss defense below 79,800; if it breaks below, accept the loss and don't hold on. Take profit first looks at 84,200, and after breaking through, then look at 85,600. Position size should not exceed 20%, don't use 50x leverage as a template—that's a death sentence.
$BTC
#Anthropic称三季度营收升至168亿美元并实现盈利
@OKX星球 The whole market is looking for a bottom, but institutions are not panicking at all. I reviewed yesterday's ETF data and found something unusual.
First, about $BTC: there was a net outflow of 31.44 million yesterday. BlackRock sold 13.34 million, Fidelity sold 18.36 million. They had just bought over 20 million the day before, but sold it all the next day. This shows institutions are just testing the waters with BTC; once CPI exploded, they immediately pulled back.
Next, $ETH had a net outflow of only 51,900. Grayscale sold a little, BlackRock sold a little, basically no movement. The price dropped to 2315, but institutions neither bought nor sold; they are all watching.
$SOL is even more interesting: net outflow of 12,200, only Bitwise is selling. This is the 8th consecutive day of outflows, but compared to tens of millions on previous days, today's volume is almost negligible. The main force driving the dump is no longer ETFs, but long liquidations in contracts.
My conclusion: institutions are not panicking; they are waiting. The selling pressure on ETH and SOL is actually decreasing. The current drop is mainly long liquidation killing longs. The SOL long-short ratio is still 2.68; the bulls haven't fully fled, and the chain reaction hasn't ended.
I still have no positions. Bottom fishing in this market is gambling. I'll wait until the liquidation data is mostly out and the market stabilizes completely.
Key levels: BTC 80000/78000, ETH 2300/2200, SOL 100/95
#美国CPI与PPI双超预期，年内能否再加息？
#台积电Q3净利润超预期，盈利创历史新高 Brothers, the opportunity has come again, the dog whales are giving us a chance!
I guess many brothers have been tricked into bottom-fishing now, shouting "bull return, quick recovery" after a sharp rally.
But I am going to act in the opposite way with you.
The previous 2700 short position, I perfectly took profit and closed it at 2370.
Now this sharp rebound to 2450, I decisively rushed in again!
Why dare to continue shorting at this time?
Look at this 15-minute chart, $ETH dropped sharply from 2529 to 2315, a plunge of over 200 points, then made a very standard V-shaped rebound.
Retail investors see this deep V and get excited, thinking the bottom has arrived, rushing to buy the dip.
But this is exactly the classic bull trap set by the dog whales!
The volume-shrinking rebound after the sharp drop has no substantial positive support, it’s merely emotional repair.
The 2450-2480 area above is a previous dense chip lock-in zone, heavy resistance pressing down.
The dog whales use this V rebound to lure in chasing retail investors, preparing fuel for the next round of downward attack.
This rebound is an excellent entry point for the bears.
Look at my recent entry, shorted directly at 2444.46.
Although there is a slight floating loss now, it is completely within expectations.
I have sufficient margin reserved to guard against its final extreme spike.
As long as it doesn’t break the previous high of 2529, the bearish structure is unbreakable.
The script below is very clear: the first target is a direct retest of 2400, breaking below means the previous low of 2315. Once 2315 is broken, it will accelerate the plunge.
Trading is always counterintuitive.
When most people think a reversal is coming, that’s often when the trap is deepest.
Brothers who want to follow, strictly set stop losses and control your position size.
"Be fearful when others are greedy, and greedy when others are fearful." We bears have locked in the dividends of this rebound!
$BTC
$SOL
#美国CPI与PPI双超预期，年内能否再加息？
#特斯拉交付超预期后盈利修复成焦点 Tonight at 20:30, five consecutive releases, an unavoidable data storm for the crypto world
Tonight at 20:30, five major US data points will be released simultaneously, all closely watched by the Federal Reserve, directly impacting the interest rate hike path, and are the current core drivers for BTC and ETH.
Let's look at them one by one:
Initial jobless claims, previous value 197,000, expected 200,000. Above 200,000 means weakening employment, favorable for rate cuts, good for crypto; below 200,000 means employment remains strong, unfavorable.
September retail sales month-over-month, previous 1.10%, expected 0.30%. Above 0.3% means strong consumption, inflation likely to fluctuate, unfavorable; below 0.3% means economic weakness, favorable. The previous value was very high, the market has already priced in a significant cooling; if the drop is insufficient, it is a hidden negative.
September PPI year-over-year, previous 5.40%, expected 5.3%. Above 5.3% means inflation stickiness, unfavorable; below 5.3% favorable.
September PPI month-over-month, previous 0.40%, expected 0.50%. This is a potential risk point: if the release is ≥0.5%, upstream inflation rebounds, reinforcing expectations of high interest rates or even rate hikes, which would hit the crypto market hard.
October New York Fed manufacturing index, previous 7.6, expected 10.25. Above expectation means strong economy, unfavorable; below expectation favorable.
The five major data points resonate in the same direction, volatility is bound to increase. My advice: do not bet on direction before the data release; after the release, watch if BTC, ETH, and SOL can simultaneously stop falling. Looking at a single needle is useless; the key is whether funds will follow. Tonight is not about who guesses right, but who survives longer. The recent US CPI and PPI data release does not bode well for the crypto market in the short term.
In September, the US CPI rose 3.7% year-over-year and 0.6% month-over-month; more notably, the PPI surged 1.3% month-over-month, far exceeding market expectations. One reflects the price pressure consumers bear, the other reflects changes in production costs. Both sets of data being hot simultaneously indicates that the US inflation problem is not as easy to solve as imagined.
For $BTC and $ETH, the real trouble is not the inflation figures themselves, but the possibility that the Fed's rate cut expectations may continue to cool. If interest rates remain high for longer, market liquidity will be hard to improve quickly, and capital will naturally become more cautious. Coupled with market leverage and sentiment effects, if key support levels break, further selling pressure cannot be ruled out.
The double negative from CPI and PPI does not necessarily mean the crypto market will continue a one-sided decline. There will definitely be an oversold rebound that makes both bulls and bears uncomfortable. The market will fiercely harvest in the current situation, so I choose to stay put for now. Respond to changes with stability.
Be cautious in the short term, don’t rush to bottom-fish, and don’t blindly chase rebounds. The key focus next is whether Bitcoin can hold recent lows and whether volume supports the rebound. If it’s just a low-volume rebound that fails to break resistance for a long time, it looks more like a weak recovery; only when the price firmly reclaims key levels, and market sentiment and capital improve simultaneously, will the rebound be more convincing. #美国CPI与PPI双超预期，年内能否再加息？ The shockwave from the 3.7% CPI hasn't faded yet, and the PPI is ready to strike again tonight.💥 Don't rush to call a bull market; first, see where this knife is stabbing.
Let's look at tonight's expectations: PPI year-on-year is expected to be 2.7%, month-on-month 0.4%, and core month-on-month 0.3%. If it meets or exceeds expectations, it means upstream costs are still squeezing downstream, giving the Fed more confidence to raise rates again in October; if it's softer, it's like handing the market an ice pack.🧊
Focus on two key points: first, whether PPI and CPI will form a "double blast"; second, whether service prices continue to stick. If both sides are strong, rate hike expectations will rise again, and the 81,000 level for Bitcoin will be at risk. If broken, 80,000 and 78,000 will be lined up for testing.📉
What about the market? Bitcoin is tugging near 81,000, with 15-minute and 1-hour RSI at 24 and 11 respectively, indicating short-term oversold conditions and a need for a rebound; but the MACD green bars are still lengthening, so the bears aren't off work yet. The ceiling is between 82,500 and 83,000, the floor is 81,000, and if broken, look to 80,000.📊
Remember, CPI is the heavy punch, PPI is the follow-up strike; not necessarily fatal, but prone to stabbing again.🫠#美国CPI与PPI双超预期，年内能否再加息？ #台积电Q3净利润超预期，盈利创历史新高 - $8.9 billion withdrawn from Bitcoin and Ethereum ETFs in one day. Is this number big? Normally, it wouldn't be earth-shattering, but placed in the same week that TSMC reported record profits, the context changes. Let's start with the facts. BlackRock and other ETFs sold about $260 million worth of Bitcoin in a single day, and Ethereum saw an outflow of $129 million, totaling a net outflow of $389 million. This isn't a small fund rebalancing; it's top-tier products simultaneously letting go. This synchronicity is more worth watching than the amount itself. My first reaction wasn't panic but to check TSMC's line. TSMC's Q3 profits hit a record high, indicating that the AI narrative is still being backed by real money in traditional markets. Logically, risk appetite shouldn't be poor. But crypto had net selling on the same day, what does that mean? It means some institutions now treat BTC as a risk asset highly correlated with the Nasdaq, rather than an independent digital gold. When valuations in the US tech sector have already run high, they choose to take some profits first and wait for the next catalyst. This leads to an easily overlooked point: this outflow may not be bearish on crypto but more like cross-market rebalancing. TSMC's strength has increased the attractiveness of AI equity, and funds are moving from crypto ETFs to chase that certainty. BTC and ETH here act as the source of reduced positions, not abandoned targets. Looking deeper at the transmission: Bitcoin is under pressure, Ethereum follows down, and altcoins will suffer more because altcoins rely on overflow sentiment. Once the leading ETFs have net redemptions, the most marginal narratives bleed first. Short-term trading rhythm will lean defensive, and rebounds will be easily suppressed 昨晚CPI超预期，直接把降息叙事按在地上摩擦，加息风险重新被市场定价。$BTC 和 $ETH 应声走弱，但真正值得警惕的不是跌幅本身，而是市场对"再来一次加息"的连锁担忧正在悄悄成形。 这轮宏观因子的量级不小。接下来必须盯紧三条线：美元指数走向、美债收益率变化、以及官员表态是否重新校准预期。任何一条出现松动，都可能瞬间改写短线节奏。 我的判断是：短线先有一波小级别修复，然后大概率延续下行。在这种宏观压制下，如果真出现快速反弹，那反而会被我视为强势趋势回归的信号——但这个概率，非常非常小。 昨天我挂的 $ETH 空单止盈被意外触发，现在已经重新在低位接回空头仓位。这种被动止盈再进场的节奏，恰恰说明当前市场波动结构对空头并不友好，但方向仍未改变。 眼下两个关键位必须盯死：$BTC 能否跌破 80,000，$ETH 能否跌破 2,360。这两个位置一旦失守，才是趋势加速的真正发令枪。$SOL 等主流币种大概率会同步承压，联动效应不可忽视。 核心逻辑一句话：CPI 掐灭了降息幻想，加息预期重新入场，反弹是噪音，破位才是信号。 #USCPI3.7%PPIInFocus Can't stop laughing, a scammer got robbed by another scammer!
In this Ledger wallet theft incident, one of the biggest victims is actually a scammer himself. He lost over 60 $BTC, more than four million USD. All this money was obtained through scams.
His scamming method was a "task scam":
First, he hired people to fake orders and write positive reviews for products,
then told participants, "Your account shows a negative balance,
you have to front the money yourself before you can get paid."
— Front the money first.
On September 22, he transferred the scammed money into three Ledger addresses.
On October 9, all three addresses were completely emptied.
He used the "you must front the money first" trick to scam many people.
Then he used the same method to send the money out himself.
This is not just funny; it shows that on-chain, "who is scamming whom" can reverse:
Those who are victims today may be perpetrators tomorrow;
those who are perpetrators today may be taken down by others the day after tomorrow.
#Ledger调查东南亚经销商渠道资金损失 #NetflixQ3AdsAndMargins
$NFLX Growth Is Slowing, but Advertising Could Be the Next Big Catalyst!
Netflix will release its Q3 earnings on October 20, and the market is watching two key factors: revenue growth and the expansion of its advertising business.
According to the company’s guidance, Q3 revenue is expected to reach $12.86 billion, up approximately 12% year over year. Operating margin is projected at 33.2%, compared with 28.2% in the same period last year.
#DailyOrbit After scanning the entire platform, everything is red except ZEC, which surged from 1073 back to 1204 as if injected with adrenaline.
When something abnormal happens, there must be a catch. Is this a desperate counterattack or a trap set by the manipulators?
I stared at this big bullish candle for a long time but eventually moved my mouse away from the close position button.
Why not exit?
Because this rally simply doesn't hold up under scrutiny.
First, the 4-hour volume is even lower than during the dump, purely fueled by short covering and retail chasing longs—an illusionary fire.
Second, there is a heavy resistance from 1240 to 1300 with trapped positions; this small buying pressure trying to break through? Dream on.
Third, the NU7 upgrade benefit on November 5 hasn't materialized yet, ETF funds are still flowing out, and there's no real liquidity in the market; any push up is just a castle in the air.
Fourth, the long-short ratio is 53% to 47%, and retail investors are starting to think the bottom is in. Every time there's consensus bullishness, that's the most dangerous moment.
Right now, shorting offers an almost free risk-reward ratio.
$BTC $ETH $ZEC
#Anthropic称三季度营收升至168亿美元并实现盈利 #NetflixQ3AdsAndMargins Yesterday's CPI and today's PPI were both bearish, dropping from 840 all the way down to 797, then oversold rebound stabilized above 820.
On the 14th, I anticipated the CPI bearish impact in advance. This morning, I observed the 4-hour lows continuously rising, with 820 as the primary resistance. If it holds above 820, the upside space will open, so I suggested going long near 810, targeting a break above 820 to 842.
The evening SMC liquidity capture and the logic of going long if 790 does not break are also very reliable and effective. The spike near 80000 dipped to around 797, clearing and sweeping out dense long stop losses below. After the spike, it quickly recovered, perfectly filling the 795-800 FVG gap, but the 843-852 gap above has not yet been filled and still exerts a liquidity magnet effect, which I clearly marked in my static posted chart.
In summary, the rhythm control these two days has been very precise. Today's PPI data, relying on SMC gap fill and liquidity sweep logic, accurately held the 790 support to catch the rebound. However, note that FVG gap fills are not 100% guaranteed but are high probability events. In the SMC system, such gaps have a magnetic effect, which is the gap fill. Therefore, I believe the 843-852 area is also very likely to be tested.
Go long on BTC at 810-820, target 843-852.
Go long on ETH on a pullback to 2400, target 2530, break through to 2623 $BTC $ETH Hello brothers and sisters
Brothers! The whole market is searching for a bottom, but institutions are not afraid at all. I reviewed yesterday's ETF data and found an anomaly.
BTC net outflow was 31.44 million, with BlackRock and Fidelity selling 13.34 million and 18.36 million respectively. They just bought over 20 million the day before and cleared it the next day, indicating institutions were only testing the waters with BTC and immediately stopped once CPI exploded.
ETH net outflow was only 51,900. Grayscale sold a little, BlackRock sold a little, basically no movement. The price dropped to 2315, and institutions neither buy nor sell, just watching.
SOL net outflow was 12,200, only Bitwise was selling. This is the 8th consecutive day of outflow, but compared to tens of millions in previous days, this amount is almost negligible. The main force crushing the price is no longer ETFs but long liquidations in contracts.
My conclusion: institutions are not panicking; they are waiting. The selling pressure on ETH and SOL is actually decreasing. The current drop is mainly long liquidation killing longs.
The SOL long-short ratio is still 2.68; longs haven't fully exited, and the chain reaction explosion is not over yet.
I still have no positions now; bottom fishing in this market is a gamble. I'll wait until the liquidation data is mostly out and the market stabilizes before considering.
Key levels: BTC 80000/78000, ETH 2300/2200, SOL 100/95
#美国CPI超预期升至3.7%，今晚PPI再迎考验
#BTC成交萎缩，ETF买盘能否回暖
#ETH触及2500美元后震荡 #NetflixQ3AdsAndMargins #奈飞增长或放缓，广告业务成新看点
Q2 free cash flow dropped from $2.27 billion to $1.53 billion (due to one-time factors like the Warner Bros. deal termination fee). Secondly, the company reduced the frequency of viewing data disclosures, increasing market distrust; annual content investment exceeds $17 billion, and with Disney, Amazon, and Paramount launching multi-front attacks, advertisers' budgets may not necessarily cooperate.
In the short term, with low expectations and high odds, "meeting targets" is not difficult; the challenge is whether the advertising data justifies the term "new highlight." In the mid-term, a combination of 12% growth plus 30%+ profit margin remains a rare asset among large-cap companies, and the earnings report mainly brings valuation volatility.#NetflixQ3AdsAndMargins #NetflixQ3AdsAndMargins The financial report is very impressive, with AI computing power demand continuously being realized, and 2nm successfully contributing to revenue; however, growth is highly dependent on AI clients, and combined with the cost and geopolitical pressures brought by building factories in the US, the risks behind the high growth cannot be ignored.PPI Supplement: The culprit for price increases is energy, but rate hike pricing did not continue to rise
Core PPI year-over-year 5.0% (expected 4.4%), also significantly exceeding expectations; this time the driver of price increases is energy—energy prices rose 10.8% in a single month, gasoline +20.3%, contributing about half of the commodity price increase, and food also rose 1.2% (BLS, via Barron's).
September retail sales +0.8% (expected +0.3%), but mainly supported by gasoline price increases, other consumption was average, and real wages are still declining (Reuters).
Putting it together means "business costs are rising, consumers are still spending," so inflation cooling is unlikely. A strange point: October rate hike pricing did not continue to rise, remaining around 30% (LSEG 29%, CME about 33.8%), basically unchanged from before the PPI release—the market seems not to believe there will be action in October, with bets concentrated in December (MarketWatch).
FBI teams up with Brooklyn prosecutors to shut down 241 crypto scam websites
Seized 112 servers, recovered about $300,000, no arrests yet. This is a three-year case: an Eastern European scam network targeted Russian-speaking populations in the U.S., using Russian-language Facebook ads and fake investment advisors to lure coin purchases and transfers to fake platforms; accounts were locked or "tax fees" demanded upon withdrawal, and they pretended to "help recover" funds to conduct secondary scams.#奈飞增长或放缓，广告业务成新看点
I think the next focus for Netflix is no longer just subscriber growth, but whether the advertising business can truly support a second growth curve.
Slowing user growth is not necessarily a bad thing; the key is how much profit each user can generate.
But one question is worth considering: if advertising revenue grows rapidly but the stock price doesn't rise, is the market already pricing in the good news, or is there a bigger hidden risk?
Do you think Netflix is currently an opportunity or a valuation trap? Three bearish candles, three medical records 🩺
$BTC: Emotional cold 🤧
The market turns cold, triggering a chain reaction of sell orders. But on-chain, no large holders are collectively withdrawing; there is still support near the 400-day moving average, and signs of accumulation at low levels remain. The weakness lies in sentiment, not in holdings.
$ETH: Capital anemia 💸
ETF net outflows continue, wallet balances are moving out, and some holders are actively reducing positions. It’s not just dragged down by the market; the capital side is truly contracting. Recovery depends on new money returning, which is more difficult.
$SOL: Leverage sprain ⚙️
Perpetual shorts are increasing, leverage is pushing the price down; spot outflows are limited, and holdings have not changed hands on a large scale. The downtrend is fierce, originating mainly from derivatives.
Don’t just look at the ranking by decline, as it’s easy to mistake emotional fluctuations for trends. Break it down with on-chain data: who is truly selling, and who is just being dragged down. BTC is seeing sentiment warming, ETH is seeing capital returning, SOL is clearing leverage. Knowing where the pressure comes from tells you what to be cautious about and what to ignore 🔍#美国CPI与PPI双超预期，年内能否再加息？ #台积电Q3净利润超预期，盈利创历史新高 #奈飞增长或放缓，广告业务成新看点 #Netflix growth may slow, advertising business becomes new focus $BTC's current market concern is not the decline itself, but the rebound after the drop, which can mislead people into thinking the market has stabilized.
US September CPI exceeded expectations, and PPI was also bearish. The market started worrying about the Fed raising interest rates, putting pressure on risk assets. Bitcoin once dipped near $79,725. After the bearish news settled, it began to rebound and is currently around $82,000. From a technical perspective, the key is whether it can break through the $83,000 level above; otherwise, the market recovery cannot be confirmed. On the downside, watch if the $80,000 support level can hold.
Looking at $ETH, recent performance has been weak, hitting a low of $2,315, now rebounding to $2,430. The focus next is whether it can stabilize above $2,400 and break through $2,500. This rapid rebound after a big drop indicates there is capital willing to buy at $2,300. However, given that US inflation and Treasury yields have not improved, this can only be seen as a short-term technical correction, not a confirmed market reversal.
My current feeling is that this is an oversold rebound. Going forward, the key is whether the macro environment can ease inflation pressure, whether $BTC can break through resistance levels, if trading volume can keep up, and whether active buying during the rebound strengthens. Only if these improve simultaneously will the rebound be more sustainable. Until these signals appear, caution is advised; do not mistake a short-term rebound for a new upward trend. #美国CPI与PPI双超预期，年内能否再加息？ #BTC现货ETF再度净流出，机构买盘能否回暖？ #NetflixQ3AdsAndMargins More worryingly, the rate of leaving (Trumd) in the US doubled over the same period, showing that the main market was saturated. The reason comes from the price increase, tightening password sharing and fierce competition from Disney+, Amazon. This proves that the growth model based on the number of subscribers is no longer sustainable, forcing Netflix to switch to ARPU and profit optimization.#Netflix growth may slow, advertising business becomes new focus Netflix's next growth driver is not just membership subscriptions but advertising.
As the user market saturates, the advertising segment becomes a new breakthrough point. The core issue: whether advertising revenue will actually increase enough to offset the slowdown in subscriptions while maintaining stable profit margins?
It is necessary to closely monitor advertising revenue, profit margins, and financial guidance in the upcoming report.
#NetflixQ3AdsAndMargins #NetflixQ3AdsAndMargins #Netflix growth may slow, advertising business becomes new focus 年内能否再加息？ 美国BTC现货ETF录得单日2.61亿美元净赎回，代表本轮机构端买盘再度转弱。背后核心诱因，还是CPI、PPI接连超预期带来的通胀担忧，市场上调高利率延续时间，美债收益率走高，机构主动降低BTC这类高beta另类资产敞口，属于宏观驱动下的战术减仓。 要分清重点：单日流出≠机构长期看空BTC，单天数据属于情绪信号，趋势要看是否持续多日流出。如果只是单日脉冲赎回，杀伤力有限；一旦连续多天维持净流出，等于持续抽走现货买盘，反弹会缺少最重要的增量托底，盘面更容易承压。 资金逻辑：ETF申购是新增场外买盘，而赎回会带来现货抛压。在本来流动性偏弱、反弹乏力的行情里，这种流出容易放大短期波动，压制反弹高度。但也要注意，ETF只是机构入场渠道之一，链上巨鲸、海外场外买盘不在这套统计内，不能单凭这一个数据判定趋势反转。$BTC $ETH $SOL Writing
🚨 $BTC: $966M in Long Liquidations — But Whales Aren’t Selling! 🐋
Bitcoin just took another hit, wiping out $966 million in leveraged long positions. But the bigger question is: Who is selling, and who is buying the dip?
📉 Inflation Is Back in Focus September PPI jumped 1.3% against expectations of 0.6%, while CPI reached 3.7% year-over-year. This has intensified concerns about the Fed’s next move, putting pressure on risk assets.
#DailyOrbit Tesla is set to release its full financial results for Q3 2026 on October 21.
The profit side is even more concerning. Referencing Q2 data: revenue reached $28.2 billion (up 25.5% year-over-year), but operating profit was only $398 million, with operating margin plummeting to 1.4%; free cash flow was negative about $1.1 billion, and capital expenditures reached $5.8 billion. Full-year Capex is expected to exceed $25 billion, mainly for Robotaxi, Optimus, and AI infrastructure. Market consensus for Q3 revenue is about $27.8-28.0 billion (roughly flat or slightly down year-over-year), with adjusted EPS of $0.43-0.45 (down more than 10% year-over-year).
On valuation, the current market cap is about $1.4 trillion, with a trailing P/E ratio exceeding 300, fully pricing in optimistic scenarios of Robotaxi full commercialization and large-scale deployment of Optimus. However, Robotaxi is currently operating only on a small scale in limited cities like Austin, FSD without supervision is progressing slowly, and Optimus has no large-scale sales yet. Historical experience shows related timelines have been repeatedly delayed. If Q3 guidance fails to provide a clear path to profitability or commercialization milestones, or if gross margins continue to be under pressure, the downside risk to the stock price is significant. In contrast, competitors like BYD show more resilience in balancing volume and profit, and the global EV market landscape is no longer favorable to Tesla
#特斯拉交付超预期后盈利修复成焦点 Combining CPI and PPI exceeding expectations, on-chain giant Wintermute has voted with real money! It holds an open position of 87.34 million on Hyperliquid, with a short exposure as high as 86.4% (75.45 million), heavily shorting $ETH, $SOL, and the S&P 500, with unrealized losses of 3.97 million and cumulative profits of 209 million. Coupled with $BTC's 4-hour EMA bearish alignment and MACD death cross, institutional high-level hedging is evident. The 80,000 mark is a defense line, but with whales suppressing so heavily, only when shorts cover or the 4-hour bottom fractal forms, with macro and technical resonance, will it be safe. Hold steady! #USCPIandPPIexceedexpectations, will there be another rate hike this year? Will it beat?
- *Last quarter (Q2) it beat by $0.01*: Reported $0.80 vs $0.79 est, but revenue $12.56B slightly missed $12.58B est, and stock still sold off 8% on weak guidance.
- *Trend into this print is cautious:* The $0.82 consensus is unchanged last 30 days, but down 2.4% vs 90 days ago (was $0.84). Analysts have been trimming - Erste Group cut FY27 to $3.79, Morgan Stanley cut target $83 to $80, KeyCorp $92 to $85 this week. #奈飞增长或放缓，广告业务成新看点 Below expectations#NetflixQ3AdsAndMargins 🚨 $ETH breaks below 2400! This time, don’t rush to call it a bottom; the market has already given a warning!
Brothers, Ethereum’s current trend is even uglier than expected.
How many people previously treated 2400 as a solid bottom? How many started shouting V-shaped reversal when seeing a rebound at 2580? Some even thought 2500 was firmly held and that it would soon surge to 2700.
And the result?
📉 2400 was effectively broken, the price once dipped near 2310, and now it’s fluctuating around 2370 again.
What’s most worrisome is not just how much it has fallen, but that this level has been tested repeatedly. Before, it could be pulled back by lower shadows, but now even the real body has broken through, indicating this support area is under greater pressure.
Previously, there were buyers stepping in when it fell; now it depends on whether the buying power can hold.
What I least want to see now is someone assuming this must be the bottom just because it has fallen a lot.
Remember these key levels:
🔻 2400: A critical area that has shifted from support to a zone that needs to be reclaimed.
🔻 2310: Recent low area; watch if it can hold.
🔻 2300: If this is lost, the market may look for new support, but don’t prematurely assume where it will fall.
🔺 Above 2500: If the price can regain and hold here, it’s more favorable for repairing short-term sentiment.
Coupled with macro uncertainty from US inflation data, short-term volatility may further increase. Bulls wanting to turn things around can’t rely on faith alone.320,000 liquidations, $930 million vanished into thin air! BTC just finished a "fake fall," next week is the real test
BTC current price around $82,000, $932 million liquidated in 24 hours, bulls lost $796 million — bottom buyers took the hit first. It briefly dropped below 80,000 this morning, then shorts covered forcing a strong rebound, but don’t be fooled: 80,000-81,500 is the average ETF holding cost line, if it closes below here, all regular ETF holders turn to losses, stop-loss orders will avalanche down.
ETH is worse: 2,500 is precarious, 2,650 has turned from support into resistance, ETFs keep bleeding, any rebound is a window to escape.
SOL: struggling near 102, the 50-day EMA at 107 is the ceiling, breaking below 99 targets 96 directly.
Next week’s key points: BTC’s 80,000 close line decides life or death; ETH must hold 2,500; SOL’s 99 is the last cover. Before FOMC, don’t use leverage to bet on direction.
#比特币爆仓 #以太坊 #Solana #加密货币 #美联储加息#美国CPI与PPI双超预期，年内能否再加息？ #Netflix growth may slow, advertising business becomes new focus #NetflixQ3AdsAndMargins I think $NFLX the iconic company is in a tough spot.
The slower growth comments from their Co-CEO this week will be blamed on a shift to live programming.
I don't think that's the actual issue. Live programming does contribute lower watch hours per dollar of content spend… but it also over-indexes in terms of generating new engaged members… which should greatly offset the headwind.#NetflixQ3AdsAndMargins I think $NFLX the iconic company is in a tough spot.
The slower growth comments from their Co-CEO this week will be blamed on a shift to live programming.
I don't think that's the actual issue. Live programming does contribute lower watch hours per dollar of content spend… but it also over-indexes in terms of generating new engaged members… which should greatly offset the headwind.#NetflixQ3AdsAndMargins