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$BTC Update: $81,813 🔻
My analysis: BTC has broken the MA10 support at $83.5k. If $80,960 (24h low) breaks, the next target could be a dump down to $78k.
MA5: 82,573 | MA10: 83,557 | MA20: 83,877 - A bearish crossover has occurred.
What is your view? LONG or SHORT? 👇 $BTC ZEC breaks 1300: A tense moment of a volume-shrinking short squeeze
ZEC has broken 1300.
That midday spike shot straight from 1277 to 1317. I checked the data: on Binance, Bybit, and OKX exchanges, short liquidations reached $5.03 million within an hour, while longs remained completely unscathed.
Looking at the 816 short positions in my account, the unrealized loss has exceeded 500 points. The 1300 support line, once a daily mantra, was shattered in an instant, stirring mixed emotions.
But is this a trend reversal or a precise hunt by the main players?
My judgment leans toward: this is a classic volume-shrinking short squeeze.
The reasons are straightforward:
- Volume divergence: The trading volume during this rally is actually 30% lower than last month's peak. Without real capital piling in, it's hard to sustain a long-term bullish reversal.
- Capital contradiction: The Grayscale ETF was still in a net redemption state last week; institutional funds have not massively entered to accumulate.
This kind of rapid rise and slow fall with volume-price divergence is often a "painting the gate" game by the main players exploiting insufficient liquidity. For shorts still on board, this is not only a battle of funds but also a test of mentality.
At this point, blindly cutting losses or stubbornly holding on is difficult. Perhaps we need to pay more attention to subsequent funding rate changes to see whether this is a real breakout or a false move. #CPI与PPI公布在即，加息预期迎考验 $ETH
To be honest with my brothers, this wave of the market has not yet shown a bottom reversal signal.
It fell from $2579 all the way down to $2409, with bears clearly in control. Now it has rebounded to around $2437, but this does not yet indicate the market has reversed.
Next, keep an eye on three levels:
$2409
Key short-term low point; if broken, it may continue to test $2390–$2400.
$2450–$2460
First rebound resistance; if it can't hold above this, the market remains weak.
$2480–$2495
Strong resistance area; no rush to be bullish until it stabilizes above this.
My view is clear:
Short-term bearish bias; watch the resistance on rebounds, no rush to bottom-fish.
After consecutive big drops, the easiest mistake is to think the market has recovered just because of one rebound candle.
Trading is not about who bottoms out more accurately, but about waiting for the trend to give signals.
If $2409 holds, then watch for a rebound; if it breaks, be prepared for further downside.
Control risk first, then consider profits $BTC $ETH $ZEC Can they go up a bit? I'm about to be liquidated! How far is this going to drop? Please spare me? I was really wrong……
What does today mean? A huge single-day account drawdown, total assets dropped from around 7300U directly down to only 2958U, a drawdown of nearly 58%, the equity curve has been declining from the peak, accelerating a plunge at the end of the session.
I have nine long positions all trapped:
$DOGE long, full position 10x, unrealized loss 1004U, return rate -107%.
$ETH long, full position 50x, opened at 2661, currently 2421, unrealized loss 1823U, return rate -450%.
$BTC long, full position 50x, opened at 83670, currently 81156, unrealized loss 468U, return rate -150%.
$ZEC long, full position 20x, opened at 1316, currently 1132, unrealized loss 1125U, return rate -280%.
It's all my fault for opening too many positions and each with too large a size, I was really wrong, I can't hold on! If it drops further, I'm really done for……#CPI与PPI公布在即，加息预期迎考验 #俄乌或达成“能源停火”协议，进展待确认 #机构持续布局，BTC为何仍承压？ On October 9, the Bitcoin ETF recorded a slight inflow of funds, while the Ethereum and Solana ETFs still experienced outflows that day.
Which development would give you the strongest evidence that institutional demand is recovering?
A. Bitcoin ETFs record inflows for multiple consecutive days.
B. Ethereum ETF outflows slow down and begin to reverse.
C. Bitcoin, Ethereum, and Solana all attract new inflows.
The answer is C. Inflows in a single asset may be just short-term fluctuations or driven by individual events, but simultaneous inflows into the three major mainstream assets—Bitcoin, Ethereum, and Solana—indicate that institutional funds are shifting from a risk-averse or wait-and-see stance to comprehensive positioning. This cross-asset synchronized inflow is the strongest signal of a substantial restoration of market confidence and a systemic recovery of institutional demand. #CPI与PPI公布在即，加息预期迎考验 Around $13, I want to see some real action
$LINK is near 13.02, down about 6.6% in the past week, and I currently view it as a weak correction.
13 is a round number, but we can't assume strong support just because the price is close to it.
A more useful sign is: the decline holds steady, and the subsequent rise surpasses the previous rebound, rather than repeatedly returning to the same level.
I will first see if it can make this progress.
There is still about a 16% increase possible within the month, which shows it has risen before but does not mean the adjustment is complete now. Short-term evaluation depends on new trends, not past performance.
$FIL's recent rise is still notable, up about 9.1% in 24 hours and about 2.3% in the past week.
But the daily gain is clearly greater than the weekly gain, indicating this rebound is also filling the previous drop.
I want to see if the price can maintain the new height after the sharp rise. The initial strength is acceptable, but continuous gains need follow-up.
$XRP is not in a hurry to arrange a catch-up rise.
Currently around 1.379, down about 8.2% in the past week, up about 2.7% in the past month, with no clear phase advantage.
If it only rebounds a bit with the market and then falls back, it is still a correction.
I will wait for it to start actively pushing forward before increasing attention, and not calculate the upside prematurely just because the coin is familiar.The AXS 4H chart confirms a high-conviction trend-reversal breakdown upon completing a Head and Shoulders pattern, punctuated by an impulsive red candle slicing through the neckline and dynamic MA100. Aggressive sell-side volume confirms that distribution has concluded and bears command the trend. The preferred strategy is to enter a Short position within $1.111–$1.115 with a protective stop-loss parameter above $1.176, targeting the structural support base at $0.891 $AXS
#CPIPPIHikeWatch 🐋 Large funds are going long on Hyperliquid with $1.01 million $HYPE at a price of 80.2572.
Whales' cost and positions differ from ordinary people, so don't blindly follow.GTC current price is around 0.2436, with the four-hour structure still in a box consolidation after a high-level pullback. The EMA mid-term moving average continues to rise, but after the MACD death cross, the green bars have not narrowed, indicating a clear weakening of short-term momentum. The bulls are not impossible to play, but there is currently a lack of reasons for a breakout.
The liquidation heatmap provides clearer motivation: dense short liquidation pressure is hanging around 0.28 and the 0.32 to 0.34 range. Below 0.24, the long liquidity is already quite thin, and the price tends to first dip down and then pull back up. Just finished the midday peak, parked the car by the roadside to watch the order queue; buy orders appear between 0.235 and 0.240 but are not very strong. The key is whether 0.23 can hold.
Strategically, only buy on pullbacks, do not chase the current price. Entry range is 0.2340 to 0.2410, stop loss at 0.2265, first take profit at 0.2720, and after a breakout, look at 0.2940. If the four-hour candle closes below 0.2300, the upper bull trap structure fails and should be abandoned immediately.
$GTC
#阿斯麦Q3财报10月14日公布，EUV订单成焦点
@OKX星球 $ETH 5x long positions haven't moved, not bullish
$ETH is at 2530, ETF keeps seeing money flowing out.
Funding rate once turned negative, price is stuck at a low level.
Where does this money come from:
The money for 5x long positions isn't used to buy spot, it's borrowed.
When the price drops to a certain level, the system sells on your behalf to repay the loan.
The liquidation price is set below the previous low to leave some buffer.
How is this number calculated:
5x leverage means the price moving 20% against you wipes out the position.
Backing into it, 20% of 2530 is 506.
If it falls below around 2024, this position is gone.
When shorts are too crowded, bad news is already priced in.
Negative funding rate means shorts pay to hold their positions.
When these people close positions, they buy back, not sell.
On the day of reversal, the buyback demand arrives before new funds.
Stop-loss orders in that range have already been cleared.
#黄金ETF创纪录吸金，高利率仍压制金价
#机构持续布局，BTC为何仍承压？ #交易之声：你的经验值得被听到 $ETH $DOS: Short!
Strategy:
· Wait for the price to rebound to the 0.2280-0.2320 range (EMA20 and previous small platform resistance area) and then enter short.
· The initial target is the 0.2000 whole number level; if broken effectively, look to the previous low at 0.1197. Set stop loss above 0.2380.
Core basis:
1. Bearish moving average alignment: On the 1-minute level, EMA5 (0.2268), EMA10 (0.2272), and EMA20 (0.2288) are diverging downward, with price trading below all moving averages. Since the high of 0.7836, the drop exceeds 70%, clearly indicating a short-term weak trend.
2. Severe long liquidation stampede: Figure 1 shows 24-hour long liquidations reaching 6.375 million U, a very high proportion. The longs are bleeding heavily, with a very heavy trapped position above. Without clear bottoming signals, this easily triggers further long liquidation cascades.
3. Pattern and volume-price coordination: After a sharp drop, volume contracts and price moves sideways; the rebound is weak, a typical downtrend continuation pattern. The trapped positions in the 0.3-0.5 range above are difficult to surpass, making shorting with the trend a better risk-reward choice.
$W $RSR
#Ledger调查新进展：失窃暂集中单一渠道 South Korean stock market decline widens to 5%, $BTC faces short-term pressure!
On October 13, the South Korean KOSPI index's decline expanded to 5%, with market sell-off sentiment continuing to heat up. The semiconductor sector became the hardest hit, with SK Hynix falling over 7% and Samsung Electronics dropping nearly 6%. Previously, the U.S. semiconductor index had already fallen about 2.7%, and the global tech stock pressure trend continues. $ETH
This round of decline not only reflects valuation concerns in the AI industry chain but is also influenced by the weakening of global tech stocks and rising geopolitical risks. As the South Korean stock market has a high weighting in tech stocks, its sharp correction may further impact market risk appetite.
For BTC, short-term caution is needed against risk asset correlated declines. If panic spreads to U.S. stocks and the crypto market, combined with concentrated leveraged positions, BTC may face additional selling pressure; however, if funds only withdraw from some tech stocks, it may not directly translate into sustained selling in the crypto market.
Going forward, focus on the performance of U.S. tech stocks, the dollar trend, and whether $BTC's key support levels can hold. When market volatility intensifies, prudently controlling leverage is more difficult but wiser than rushing to bottom fish. #CPI与PPI公布在即，加息预期迎考验 #台积电Q3营收创新高，10月15日财报还有哪些看点？ #机构持续布局，BTC为何仍承压？ Last night, the US stock market's AI hardware sector completely cooled off; all those flashing green lights turned off.
Lumentum in optical communications dropped nearly 10%,
and storage companies like SanDisk, SK Hynix, and Western Digital generally fell by five to six points.
One of the triggers seemed to be Broadcom CEO Hock Tan's remarks in Singapore, saying AI is currently stuck on money; wafers and electricity can still be figured out, but the biggest hurdle is the inability to keep up with financing;
he also said many AI investors don't even understand what they're betting on, just chasing high returns, no different from gamblers in a casino.
Intel's CEO echoed this.
The Philadelphia Semiconductor Index fell nearly 3% directly, touching a three-week low during the session.
Interestingly, on the same day, Meta released two new models, Muse Wonder, claiming their performance has reached the industry forefront, and its stock price rose just over 3%.
Those releasing models are rising, while those selling shovels are getting buried, interesting, right? 😂
Arguing over model rankings isn't very meaningful; Hock Tan's reminder about capital is very practical.
Now the entire AI sector is borrowing money to stack computing power; when money tightens, the first to suffer are these hardware stocks. Tonight, several major US banks kick off earnings season; whether credit loosens or not, we'll probably know by tomorrow morning.
Let it fall, let it fall, there's still the interest rate event~
Anyway, if you pick the right time, you can play a bit
#CPI与PPI公布在即，加息预期迎考验 Last night in the US stock market, it was a tale of two extremes.
Apple and Microsoft closed higher against the trend, and defensive sectors like energy stocks and Walmart also collectively rose.
The semiconductor sector was a bloodbath: Micron plunged nearly 4%, SK Hynix dropped over 4%, Intel fell 3.2%, AMD declined 2.28%—almost no one in the chip sector was spared.
The logic is very clear: semiconductors are undergoing valuation cuts, and funds are shifting from tech to defensive sectors.
Brothers holding semiconductors, last night was another tough blow.Thick smoke has already sealed off the stairwell; blindly rushing in now is suicide.
Just climbed up from the small bed in the squad duty room, took off the heavy air respirator, wiped my face, and checked the chart. The long position ambushed near the lower Bollinger Band last night delivered a rich hot breakfast at dawn, and the floating profit on the account feels extremely comfortable. But those of us in this line of work know very well that the residual pressure gauge on the oxygen tank in a fire scene never lies. Happiness aside, fireproof gloves must not be removed, and the escape rope must always be fastened to the belt.
Currently, the $ETH price is crashing around 2434, the 1-hour RSI has dropped below 30 to an extremely hypoxic state of 26.3, and the price is tightly clinging to the Bollinger lower band at 2431. These embers after a rapid flare-up, although there is a strong demand for rekindling suction (oversold rebound), the main load-bearing wall has already cracked and a secondary collapse could happen at any time.
Survival always comes before rescue. Without a well-planned safe passage and emergency shelter, never recklessly advance for an internal attack. This wave only grabs a rebound in the smoke exhaust channel, takes a bite of the hot air, and immediately retreats to the safe zone.
- Target: $ETH 🟢
- Entry: 2420 - 2440
- TP1: 2516
- TP2: 2590
- SL: 2390
Before the air respirator alarm sounds, the water gun position must retreat outside the fire door.
#CoinMoveAlertAt 9 a.m., the South Korean stock market hit the pause button.
Only an hour after opening, the KOSPI plunged 4%, triggering a sell-off circuit breaker, and algorithmic trading was halted for five minutes.
The trigger line was a futures drop of over 5%, with an actual drop of 5.08%.
This is the first time in two months.
My first reaction wasn’t about what happened to South Korea, but—this kind of thing used to be seen only in the news, now my own wallet is shaking.
The most common mistake for newcomers is to panic at the words “circuit breaker,” thinking the whole world is ending.
In fact, a circuit breaker is a brake, not a car crash.
What you really need to watch is: is this wave caused by South Korea’s own problems, or did the outside world cool off first?
If it’s the latter, the crypto world will hardly remain unaffected.
To be honest, when the stock market sneezes, don’t rush to bottom-fish; first see if it’s just a cold.
#机构持续布局，BTC为何仍承压？
#CPI与PPI公布在即，加息预期迎考验 #黄金ETF创纪录吸金，高利率仍压制金价 $HYPE Ant Early Report | Short positions explode, all three positions turn green
Last night oil prices surged (Brent crude broke 106), Houthis attacked Saudi Arabia, inflation expectations heated up, BTC fell from 84254 to 81500. The fear and greed index dropped from 69 to 57, bulls retreated.
$BTC short position: opened at 83111.9 / marked at 81559.65, floating profit +325U (ROI +39.23%). Fed turns hawkish, US Treasury yield at 5.3%. Tomorrow's CPI will set the direction, defend below cost price.
$XRP short position: opened at 1.4167 / marked at 1.3347, floating profit +626U (ROI +123.93%). XRP ETF saw a net inflow of 11.3 million against the trend, inflow for 13 consecutive weeks, price fell, shakeout before positive news. Defense lowered, hold if it does not recover 1.38.
$DOGE short position: opened at 0.08828 / marked at 0.081702, floating profit +801U (ROI +161.07%). Bitwise ETF liquidation closed, open contracts sharply reduced by 1.39 billion, leveraged longs retreat. Defend below cost price.
Regulation: CFTC issued proposed crypto rules, public comment open until December 14.
Summary: Oil price + CPI double hit, shorts profit. Tomorrow's CPI sets direction, lock in defense.
#CPI与PPI公布在即，加息预期迎考验
#俄乌或达成“能源停火”协议，进展待确认
#交易之声：你的经验值得被听到 $ZEC
Yesterday I placed an order at 1354.8. Quite unlucky, the highest it reached was only 1348. Sigh, I perfectly missed another opportunity to pull the average price in this wave. Counting this time, I've missed at least 5 times; otherwise, the average price would be at least above 1100 now.
Today, the resistance level to watch above is 1185.40.
The support level to watch below is 1112.5; if it breaks below, it will turn into a strong resistance level.BTC market observation: Intraday pressure from the high of 84352 led to a pullback, currently quoted around 81564, with a 24-hour decline of 2.87%, and a low probe at 81033.
Short-term moving averages have all turned downward, with MA7, MA25, and MA99 exerting layered resistance, releasing downward momentum, indicating a short-term bearish bias.
Key market points: Resistance above is seen in the 82300-82700 range, where rebounds face short-term critical pressure; support below is first expected around 81000, and if this support fails, further downside space will open.
ETF capital flows need continuous monitoring, as fund movements will affect the strength of market rebounds. $BTC Selling pressure is fermenting again, multiple position and liquidation data show bearish signals. Let's look at the mainstream coin market:
$BTC current price about 81490. Total network positions 55.05 billion, 24H slight increase of 1.28%, price drop lifts positions, bears are adding positions. Binance rate +0.0019%, OKX +0.0066%.
$ETH current price about 2424, breaking below the lower edge of the whale liquidation zone. 2401 is the bull's lifeline; breaking it will trigger $553 million long liquidation. Binance rate -0.0033%, OKX -0.0017%, bears dominate.
$SOL current price about 103.78, 24H liquidations 10.89 million, 94% of liquidations are longs, bulls are being wiped out unilaterally. Positions 7.01 billion, 24H down 3.91%, deleveraging is not over yet.
Selling pressure is fermenting again, multiple position and liquidation data show bearish signals. BTC bears are adding positions, ETH liquidation risk near 2401 is heating up, SOL bulls continue to be cleaned out, pay attention to position risk control. #CPI与PPI公布在即，加息预期迎考验 #阿斯麦Q3财报10月14日公布，EUV订单成焦点 $BTC
Several supports for Bitcoin are:
79000 (Daily MA60 combined with daily EMA576, support strength is moderate)
75000 (Daily VEGAS major support)
72000 (Daily MA200)
Usually, usually, usually
it will retest the MA200
If BTC reaches 72k, where will ETH be?
Approximately in the 2150-2080 range, if the exchange rate doesn't collapse, 2130 is the MA200.
Not sure if it will go like this, combined with some indicators, considering the upward momentum and ETF outflow situation, this scenario fits well.Big Brother Maji's latest position snapshot: BTC short positions continue to recover, core pressure still lies on HYPE
BTC｜40X full position short
Holding 243.96 units, unrealized profit +652,600 U, accumulated funding fee +55,500 U
Opening average price 84070, liquidation price 108395.74, this short position continues to steadily contribute profits
ETH｜25X full position long
Holding 7539.36 units, floating loss -933,400 U, funding fee -12,000 U
Opening average price 2544.2, liquidation price 1517.71, the long position is still enduring the drawdown
HYPE｜5X full position short
Holding 237,300 units, floating loss -3,806,800 U, accumulated funding fee credited +1,030,100 U
Opening average price 64.2228, liquidation price 106, this position remains the largest source of pressure for the entire portfolio
✅ Market analysis
Compared to previous screenshots, BTC short position profits continue to expand, indeed continuously recovering, using BTC short profits to continuously hedge the floating losses of ETH long and HYPE short positions.
However, the major losses are still concentrated in HYPE. Although funding fees have been continuously credited, gradually diluting losses, the 3.8 million floating loss on the books is right in front of us, and the overall portfolio still bears considerable pressure.
The entire hedging position structure remains unchanged, holding firm. The market is watching closely whether HYPE will decline to realize profits or continue to expand the drawdown. $ETH $ZEC zec died before dawn, ETH only made 12 points profit then ran, my resolve collapsed
Main text:
From yesterday to today, I experienced the feeling of "getting hit from both ends."
ZEC short position:
Opened short at 1273.48, stop loss at 1301. Yesterday the price rebounded, precisely hitting my stop loss, then started to plummet, directly crashing to 1135. I died before dawn, painfully missing out on a 15-point drop.
ETH short position:
After zec was stopped out, I immediately looked to ETH for revenge short. At that time, I thought "take the profit and run, secure the gains," and when I was up 200u, which was 12 points, I took profit with the mindset of not staying up late watching the market and getting a good night's sleep.
But when I woke up in the morning, the sky had fallen, ETH dropped 4%, and I missed another big gain.
Watching others feast while I could only sip soup, and even getting hit. This morning I didn't even dare to open a position, feeling like everything is wrong.
The hardest part of trading is not picking the right direction, but accepting "imperfection."
Now I'm sitting on the sidelines, not forcing trades. Waiting for emotions to settle, waiting for the next clear signal.
Has anyone experienced the moment of "getting stopped out then taking off"? How do you adjust your mindset? Feel free to chat in the comments. $ETH Woke up to find this 100x short position still securely held, entry price 2532.04, current mark price 2431.72, floating profit 396%. Although the floating profit has retraced from the morning's high, the overall trend has fully captured this wave of retreat.
The market is very clear: after peaking at 2578.44, there were consecutive large bearish candles, today's drop is 3.83%, and a 7-day cumulative drop of 9.94%. The low at 2407.50 saw a brief support, current price 2432 is in a slight rebound. On the news front, large holders' long positions are still at a floating loss, the logic of liquidity hunting by bulls remains unchanged. The 4-hour MA5/10/20 (2494/2518/2509) are all aligned above in a bearish formation, rebounds lack volume, declines have volume, structure intact.
Holding 396% floating profit with 100x leverage, strategy unchanged—don’t be greedy for the last penny. If the 2407 support breaks, look for 2380-2400; a rebound back to 2450-2480 range is a signal to reduce positions. Keep the base position to let profits run, the major portion has been secured. Market consensus is a retreat; the hard truth is to take profits and run once enough is gained. Will continue sharing market insights, let's discuss together.据情报整理 SEC 10月2日批准Cboe规则 Volatility Shares首批6只3倍BTC ETH杠杆ETF 还差注册生效 另外明晚公布9月CPI 市场预期3.6% 前值3.4% (以上为当日整理的二手信息 以官方披露为准) 3倍杠杆ETF要来了 很多人第一反应是终于可以更爽了 我的第一反应是 3倍浓度的恋爱 你确定扛得住吗 甜的时候是三倍的甜 齁到发腻 吵起来也是三倍的爆炸 一句话没说对 直接从热恋跳到拉黑 中间连缓冲带都没有 杠杆工具本质是放大器 不是印钞机 它放大的是你的判断 也放大你的情绪 判断对了赚得快 判断错了亏得更快 而且这类产品每天重置 震荡市里就算价格原地不动 净值也可能被慢慢磨掉 这和谈恋爱一样 反复横跳最消耗人 再看眼下的环境 当日数据 BTC在8.3万美元附近 周跌约2.3% 上周BTC现货ETF净流出6.81亿美元 结束三周流入 ETH ETF连续9天流出 机构自己都在旁边嗑瓜子观望 这个时候散户冲去加杠杆 有点像对方还没回消息 你已经开始策划婚礼 何况明晚CPI就来 预期3.6%高于前值 10年美债又在5.3%附近 数据一出 波动会被放大 杠杆产品$BTC
$ETH
1. From a zoomed-out perspective, Bitcoin's recent correction is actually a strong correction, lasting more than half a month, and it hasn't even broken the 0.236 Fibonacci retracement of the entire upward move;
2. As I said before, although Bitcoin is strong, the altcoins have basically already gone through a round of bloodbath; Bitcoin is strong, but the other smaller coins in the crypto space no longer want it to be strong. So the current crypto market can be summarized as: Bitcoin is performing, altcoins are committing suicide 从比特币过去几年的走势来看，市场似乎仍然存在不少机会。甚至一些分析师认为，比特币有望在2027年重新突破历史高点，并在2028年迎来新一轮周期顶部。$BTC 但回到眼前，市场显然没有这么乐观，比特币经历了明显回调，期权市场的看跌押注集中在8万美元附近。 从历史周期来看，比特币确实还有继续反弹的可能。海外知名分析师Root对比了2015年、2018年和2022年的市场周期，发现比特币在触底后，曾在约一年左右的时间内重新达到历史高点。 按照这一规律，如果本轮行情走出相似的复苏轨迹，比特币可能在2027年年中之前再创新高。 加上本轮市场跌幅相对较小，也是分析师们保持乐观的原因。按照6万附近的低点算，比特币最大跌幅约为52%，低于此前三个熊市周期约77%至85%的跌幅。 如果本轮调整已经释放了部分市场风险，那么比特币未来需要完成的反弹幅度，也可能小于此前周期。 不过预测只能作为参考，历史走势可以帮助我们理解市场，却不能保证未来一定重复过去的行情。 尤其是现货ETF和机构资金逐渐改变比特币的市场结构后，过去的四年周期能否延续，本身就存在争议。 从近期的期权数据来看，市场对短期走势依然保持谨慎。$ZEC has already dropped to around 1150. Is the bull market really over?
What is most worth watching for ZEC now is not the pullback, but the gap between spot and leverage.
According to CoinGlass data, the 24-hour contract trading volume is about $6.6 billion, while spot trading is only about $420 million. Contract volume is roughly 15 times that of spot, with open interest still at $2.3 billion. This means market attention remains, but trading heat does not equal new buying, and prices may be amplified by leverage.
When prices fall but open interest remains high, it indicates positions have not been fully cleared. Whether shorts are adding positions or longs are holding on cannot be confirmed by open interest alone. Funding rates differ across exchanges, so it cannot be simply said that the market is unanimously bearish.
I still believe ZEC has the ability for an independent rally, but I won’t blindly bottom-fish in the short term. First, watch if it can reclaim and hold around $1200; if the rebound is on low volume and open interest continues to rise, it looks more like fueling the next round of liquidations. If it continues to break below $1100, the previous strong logic needs to be reassessed.
What ZEC needs to prove is not whether it can surge again, but whether spot buying remains after leverage is removed.$SOL this 100x short position opened at 110.39, now the mark price is 103.69, waking up to a floating profit of 606%. Mainstream coins with 100x leverage can reach this kind of return, combined with the previous ETH and STRK tide retreat harvesting, this wave of shorts really ate well.
Looking at the chart, after the high point set at 113.36, there were consecutive large bearish candles, dropping 4.65% today, 13.84% over 7 days. The news "DFDV treasury increase" which is positive actually became a bull trap during the retreat period. The 4-hour MA5/10/20 (107.51/109.63/109.68) are all suppressing from above, price grinding along the lower edge, with a brief support at 101.58. Volume shows decline, then volume spike on rebound, then volume contraction, shorts fully controlling the market.
I opened the short at 110.39, taking advantage of the high double top + moving average death cross breakdown, consecutive shorts (SOL, ETH, STRK, WUSDT) all successful, the market overall is a consistent retreat. But with 100x leverage and 606% floating profit, like ETH, I dare not linger. Below, watch for a break of 101.58 towards 100; a rebound back to 106-108 range is a signal to reduce positions. Woke up and took profits on most of this wave, leaving a base position to watch the 100 whole number level, not greedy for the last penny, pocketing gains. Will continue to share market feel, let's exchange ideas together.Good morning, October as a whole should mainly be characterized by volatile adjustments. Even in the early stages of a bull market, there are many shakeouts and accumulation behaviors; otherwise, there wouldn't be enough strength to push the market up. Therefore, this month should mainly focus on short positions at high levels, with 80000 being a key psychological buying threshold. Breaking below this level could lead to seeking support around 77000-76000, which is also the previous consolidation and accumulation zone. This view was already expressed last week.
On the weekly chart, last week showed a long lower shadow bearish candle. Although there was buying support at the end of the week, overall it still counts as an engulfing pattern. So after a slight rise this week, a retest is expected. Recently, the market should test last week's low or even break below it. The next weekly support level is near 79400, where some buying activity may occur. In the short term, focus on continued decline to fill last week's shadow, which is a common market behavior.
On the daily chart, this is even more evident. The second test of the top failed to break through, followed by a continuous pullback testing the lower daily band with a slight rebound. The rebound cannot hold above the middle band, which is a typical pattern: decline - rebound to test resistance - then refresh lows. Therefore, it is highly probable that the market will break last week's low soon. After breaking, watch the first support; if it cannot hold, the market will need to test the previous starting point of the rise. A more extreme scenario is breaking below 75000, completing the liquidation of those chasing the top, then pulling back before starting a strong upward rally.
In the short term, there is a clear pattern of volatile decline, currently in the second phase of this downtrend. After breaking the previous low, the third phase of decline will complete. Do not blindly go long during the day; this is a clear slow decline probing the bottom. There is no good entry point in the short term. Wait for the bottom test and observe reactions near the first support. If there is no effective support, abandon long positions and wait for the ultimate liquidation before bottom-fishing. Short-term strategy should mainly be short positions.
In summary, the current trend is a very clear volatile downtrend. In the short term, it may test around 80000 or even break below it. The first support is near 79400, where some buying support exists. Breaking below this level means fully entering an adjustment period. The largest adjustment space could be breaking below 75000, completing the liquidation of all longs chasing the top. If it then recovers, that would be the best buying opportunity with a target of new highs. For mid-to-long term, wait for this opportunity. In the short term, respond to volatile rebounds with short positions. The short-term resistance is at 82200 Bitcoin's state these past two days is just like you in the ambiguous phase waiting for the other person to reply. On October 12, intraday it once touched 84,000, then turned around and went back near 83,500. Wanting to push forward but not daring to. Picking up the phone and then putting it down again. What is it waiting for? Waiting for this week's US CPI. Truflation's forecast is that September CPI might rise to 3.6%. This ex called inflation hasn't left cleanly. The Federal Reserve wants to be gentle with the market but fears it might come back. So the current market is easy to understand: data is moderate, the market breathes a sigh of relief, trying to test the 86,000 to 87,000 range. If data is on the hot side, the 80,000 area might be tested again. Both paths are written on the face, just not revealed yet. Interestingly, on the other side, last week ETF funds were flowing out, but companies were buying. Metaplanet held 44,000 BTC at the end of Q3. Strive bought another 2,000, about $169 million. Retail investors are asking whether to break up, while companies are quietly adding positions. It's the same in relationships: during fights, it's easiest to see who is serious. My observation is: macro data determines the mood these days; capital structure determines the tone for the coming months. In the short term, watch CPI's mood; in the long term, watch who keeps accumulating. At such a juncture, the worst is to get emotional; going all in is like putting the whole relationship on a "I'll think about it". Leave some room in your position, let the data speak for you. The above prices are public data from October 12 to 13 and do not constitute investment advice. Everyone should watch the market rationally. #BTC #Bitcoin #CPI #Macro #⚠️ Dogecoin surges then falls back! After the hype story ends, no new capital inflow is seen, 0.085 becomes the lifeline
$DOGE 4H
DOGE current price 0.0869, after losing the 0.09 level, it has entered a pullback phase. The ETF listing narrative that was hotly discussed last week ultimately did not bring substantial new capital inflows. Meanwhile, the daily output pressure of 13.5 million tokens continues to exist, consistently suppressing price gains.
Key price levels summary
✅ Lifeline support: 0.085, once effectively broken, the downside target is directly 0.08
✅ Strong resistance wall: 0.09‑0.092
Intraday trading range 0.085‑0.090, stop-loss point at 0.0845.
DOGE is a typical pure beta asset with no independent trend. It will fall more sharply when the overall market weakens. Current operation advice is mainly to wait and see. 最新资讯，几条动静放一起看，市场情绪明显偏紧。 行情异动方面，韩国股市今天领跌。韩国KOSPI指数开盘跌3.27%，盘中跌幅扩大到5%，交易所直接启动了KOSPI指数的侧车机制。SK海力士日内跌7%，三星电子跌5.89%。点评：这波抛压来自市场对中国竞争对手和AI股票涨势过热的担忧，资金正在从高位科技股撤退。 同一天，加密货币跌得更狠。$BTC跌破8.2万美元后，山寨币全线回落，$BOME 24小时跌30.04%，$BLUR跌29.48%，$STRK跌28.35%，$ENA和$NEAR都跌超13%。点评：BTC一回调，高Beta山寨币就是放大版跌幅，这种时候分散投资比押注单一标的更重要。 杠杆清算的数据也很刺眼。全网24小时爆仓6.72亿美元，多单爆了5.86亿，空单8592万，14.4万人被清算，最大单笔爆仓在币安BTCUSDT交易对，价值965万美元。点评：多单占爆仓的绝大多数，说明前期追涨的仓位正在被快速清洗。 再看链上风险。ETH跌破2500美元后，「麻吉大哥」$ETH多单仓位降到850万美元，开仓价2545.84美元，清算价2392.90美元，距离强平只差约36美元，账户净值The main pricing theme over the past 24 hours has been "inflation and further interest rate tightening" overshadowing risk appetite: oil prices settled higher, a Federal Reserve voter publicly advocated shifting to restrictive policies, the memory chip sector was hit again by news about Changxin Memory Technology, and A-shares along with global growth stocks faced simultaneous pressure, with defensive sectors like banks outperforming. The next two days will have intensive verification points: tonight before the US market opens, major banks' earnings reports will kick off the earnings season, and on October 14, the US September CPI and China's September data will be released.Today's market is really not good. Looking at $ETH and $ZEC now, they are clearly weaker than $BTC, indicating that the market's support strength is diminishing. Yesterday I said that BTC had reached 82,800, and it was impressive that Ethereum still held at 2,500, but today it directly dropped to 2,400. It turns out yesterday was just a last flash of hope 🥲🥲🥲
First, looking at $BTC, the support zone ahead is between 80,000 and 81,000 USD. Now it depends on whether this level can hold. If it holds, there is a chance for recovery, but if 80,000 doesn't hold, be cautious about a drop to 79,000 USD, which would be a severe blow to the bulls.
$ETH is currently weak relative to $BTC. 2,400 USD is its short-term observation point; it must hold to have follow-up momentum. If it breaks below, look for a bottom near 2,350 USD. The resistance above is around 2,480 USD. This drop really caught people off guard.
$ZEC is even worse this time, showing that highly volatile assets get mercilessly abandoned when market sentiment weakens. 1,100 USD is now the key support for ZEC, with a rebound target of 1,200. This coin is better played with caution; although the price swings are large, a wrong trade can trap you for a long time.
My view is to defend in the short term, watch if these coins' supports can hold. If the support is effective, then observe the rebound strength and volume. Don't rush to bottom-fish because you might catch it halfway up the mountain. Wait for clear signs of market stabilization before taking action. #CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ 🚨HYPE 4-Hour Deep Review: Retraced 11% from the High! Institutional Buy-In + Real Cash Buyback Signals Hidden
$HYPE 4-Hour
HYPE current price is 86.7, retracing 11% from the historical high of 98, and has been consolidating in the 84-88 range for nearly a week.
There are two very critical market details that many tend to overlook:
First, the 3.75 million tokens unlocked on October 6 were all sold OTC to a single institution, and 1.25 million tokens have already been re-staked on-chain. The institution aims for long-term holding, so the large unlocked sell pressure did not directly impact the secondary market.
Second, about 90% of the protocol's USDC reserve earnings are allocated to the buyback fund. The first buyback was officially executed on October 3. The buyback support is not just rhetoric but a concrete positive development.
Key Price Levels Summary
✅ Lifeline support: 84, the current core defense for bulls
✅ Resistance level: 90-92, only after effectively holding above this will the upside space fully open
Intraday range: 84-89, stop-loss at 83.
Also, pay attention to risk: current open interest is $1.74 billion, funding rate APR is as high as +11%, long positions are very crowded, so do not blindly chase the highs.三个币三种姿态，最容易误判的从来不是方向，而是波动阶段 你以为横盘就是安全，下跌就是机会吗？ 这两天翻自己的仓位记录，发现一个很扎心的事：我亏得最狠的那几笔，都不是看错方向，而是把波动阶段的切换看错了。SOL 报着 2.86% 的跌幅，价格却还贴在 24 小时高点附近，这种"跌了但没弱"的状态，其实是买盘在承接抛压，属于强势整理，不是转弱。HYPE 卡在 82.906 到 88.073 之间来回磨，看着无聊，但区间越清晰，越说明多空都在等一个触发点，这种时候追单最容易两头挨打。WLD 24 小时跌 8.01%，压力最明显，可跌得急不代表马上能抄，它更像情绪宣泄阶段，节奏没走完之前，反弹都可能是诱多。 我现在的做法是先看波动阶段，再看币种本身。SOL 这种贴高点的，偏多逻辑是突破后容易吸引动量资金，风险是一旦假突破，回落会很快，所以仓位要轻、止损要近。HYPE 的区间交易逻辑清晰，上沿不破不追，下沿不破不慌，但真正的风险是区间被打破那一刻，方向往往比想象中猛。WLD 的弱势里藏着机会，可它需要先看到缩量止跌，而不是单看跌幅数字就冲进去。 市场在交易的其实不是这三个币谁更强，而是风险偏好有Observation list:
- On October 12, the UK High Court ruled that the claim for over 61,000 BTC in the Qian Zhimin case is subject to Chinese law: Caixin reports that about 16,000 Chinese victims participating in the UK claim process may only recover principal and interest, unable to share BTC appreciation (Grade A, court ruling + multiple media confirmations).
- On October 12, an Ethereum Foundation-associated wallet transferred 4,393 ETH, approximately 11.13 million USD, to Kraken (Grade A, consistent monitoring by EmberCN and Lookonchain); transfer to exchange does not equal sale, the Foundation has not commented. [PANews]
- Ledger incident progress/update: Tether has frozen 10 million USD USDT involved in the case, third-party estimates of total losses have been raised to about 93 to 94.5 million USD (Grade A, CoinDesk report, Ledger official has yet to confirm the amount); additionally, a user disclosed on X that suspected implanted devices have appeared in European retail channels (Grade B, unconfirmed, for sentiment reference only), Ledger official updated on October 12 that confirmed cases all involved dealer CryptoBilis, and cooperation with them has been terminated.Crude oil prices surged to 107, and the entire crypto market shifted from a structural rally to indiscriminate decline 😂, so let's defend first.
1. The three major macro obstacles are now hard to resolve: the 30-year US Treasury yield hit 5.70%, a new high since 2002; oil prices are close to $110; $BTC ETF saw nearly $400 million net outflow in October.
I originally thought BTC would fluctuate between 82,000 and 81,000 yesterday, but with a risk-free yield at 5.7%, it directly broke below 82,000.
2. Even the so-called "monster coins" that occasionally rose last week have mostly undergone significant pullbacks. For example, last week's monster coin trio $STRK /MAGIC/ $NEAR all collectively faced heavy selling today.
Moreover, these monster coins are dropping much harder than mainstream coins, which is normal. I just said yesterday they were heavily speculated on, and the cooling off starts from the most crowded places.
However, I was quite surprised they dropped today; I thought the hype would last a few more days since I expected the market to trend upward with fluctuations this week.
CPI data is about to be released, so I’ll wait for the data before deciding. If it breaks below 80,000 now, I’ll buy some more at the bottom.📉 ETH Is Back on Its Crash Low. Test or Trapdoor?
$2,578 yesterday, $2,417 now. ETH is back at last week's $2,405 selling climax low, the classic Wyckoff secondary test.
Good sign: selling is a fraction of the crash volume. Bad sign: $2,405 is flagged as a weak low, with stops stacked below.
Hold $2,405 and $2,473 is the first bounce target. Lose it and $2,350 to $2,365 is the last line. Bitcoin is testing its own floor too.
Healthy test, or trapdoor?
Not financial advice. $ETH $BTC $SOL $STRK This 50x short position, taken from 0.10341 to the current 0.0847, woke up to a floating profit directly hitting over 900%. Honestly, seeing the number jump from yesterday's 578% to so much more, my hands are already itching—not to add more positions, but to hit the take-profit button.
The market is very straightforward: after the 0.1268 high, it continuously broke down, dropping another 6.55% today. The 4-hour big bearish candle smashed through all moving averages (MA5/10/20 at 0.092/0.103/0.097 all turned into resistance), with the price grinding along the lower edge. The news of "L1 narrative turning weak" combined with the previous 30-day 197% gain profit-taking means selling pressure just won't stop. Volume is down, with volume spikes on drops and shrinking on rebounds; the bears are fully in control.
But with 50x leverage and 900% floating profit, I honestly don't dare hold even a second longer. I already said at 0.0914 yesterday not to be greedy. Now that it has broken below 0.09, the downside target is 0.08-0.082, but the lower it goes, the easier it is to get a spike. A rebound back above 0.09 will cause consolidation, and only above 0.097 (MA20) will bulls get a breather.OKB 4-Hour Market Review: Pullback After Rally, Positive Narratives Already Priced In
$OKB 4-Hour
OKB current price is 126.5, having started a one-week correction from the October 6 high of 136; the 30-day period still records +11.3%, making it one of the stronger alpha assets among cryptocurrencies.
OKX's $25 billion valuation financing and stablecoin yield farming at 10% APY have already been fully priced in by the market. On-chain deposits on the X-Layer have dropped close to 10%, reflecting a short-term lack of new positive catalysts.
Key Price Levels
✅ Support range: 122-124, converted from previous resistance to support on pullbacks
✅ Resistance zone: 131-133, must reclaim this range to resume upward momentum
Intraday trading range is 123-129, with a stop-loss at 121.5.
In terms of operations, focus on pullbacks to the 123-124 range; if there is a decisive break below, it is not recommended to continue participating. Good morning, the crypto space today is not a “sideways market diary,” but more like a macro sneeze, on-chain horse race, with regulators taking notes on the side. 1. BTC / ETH: BTC steady, ETH waiting for catalysts - BTC hovers around 84,000; after last week's net outflow from ETFs, institutions haven't chased buys but also haven't dumped, the market is waiting for the US inflation data on 10/14. - ETH follows macro trends when it has no own story; staking yields, Layer 2 fees, and treasury tokenization are its long-term narrative, short-term it acts more like a “market follower.” - Key level: If BTC doesn't break 82,000, sentiment remains intact; if it breaks, leveraged traders will pay the tuition again. 2. Regulation: Foreign countries write rules, domestic warns “don’t mess around” - US: The "CLARITY Act" is still being refined in the Senate; stablecoins, retail leverage, and CFTC/SEC jurisdiction division are the main themes—not “banning coins,” but “bringing them under control.” - China: The National Security Department just made it clear—virtual currency is not an asset but a risk; anonymity is a mask, not an invisibility cloak; once exchanged for RMB or traded on a real-name exchange, it’s nailed down off-chain. - Hong Kong/Singapore/Middle East: Continue to serve as “licensed crypto” showrooms; institutional channels are worth more than retail hype. 3. Sector thermometer - DeFi: No longer telling the “total value locked” fairy tale; AAVE, UNI, GMX and similar projects with fees and dividends/buybacks are called “Real Yield honor students”; pure mining tokens continue to decline. - RWA: Dehydrating, treasury bonds, receivablesInstitutions haven't withdrawn, but retail investors panic first: Don't mistake a rebound for a reversal
Bitcoin remains above $80,000, but more and more people feel the bull market is over. The harsh reality is: having capital in the market doesn't mean your account is making money
From October 5 to 9, the US spot BTC ETF saw a net outflow of about $680 million, and the ETH ETF had a net outflow of about $540 million. Around October 9, the entire market's 24-hour liquidation once reached $1.19 billion. But on the same day, BTC ETF saw a net inflow of about $21.1 million. Capital hasn't completely exited but is choosing directions again
What is truly worth watching is not how much BTC has dropped, but that capital is starting to diverge. The past logic of "BTC rises, ETH follows, altcoins explode" is failing. Institutions value liquidity and risk control more; even if BTC stabilizes, funds may not flow to small-cap tokens
The most common mistake retail investors make is judging today by past bull market experiences. Three things to watch out for next: BTC rebounds but volume and ETF funds don't sustain improvement; ETH remains weaker than BTC, altcoins lack new funds; the market repeatedly rallies and falls, with high-leverage funds continuously liquidated
What deserves the most attention now is not which coin can multiply tenfold, but whether the market has truly restored sustained buying. One ETF net inflow does not equal a trend reversal, one price rebound does not mean the bull market has started. The real danger is not missing the rise, but mistaking a rebound for a reversal before the trend is confirmed
$BTC $ETH $ZEC 恐惧贪婪指数上周跌到59（接近中性），这周又回到64。同期BTC跌了2.53%到82,715.4美元，ETF由净流入转为净流出2.147亿美元。价格与资金都在恶化，情绪却在回升——这个组合值得单独讲一次。 先看三组数字。第一，情绪回升：恐惧贪婪指数从59升到64（前一次统计59），仍处在"贪婪"区间的下沿；第二，价格承压：BTC现报82,715.4美元（24小时 -0.19%，近一周 -2.53%），20日区间80,400到87,399；第三，资金反向：美国现货ETF最近5个交易日净流出约2.147亿美元，最新单日净流出8,230万美元，而美元指数升到102.23、黄金涨1.52%到4,195.6美元。 为什么会出现"价格跌、情绪涨"？因为这个指数的构成里包含市场动量、社交热度、搜索趋势等成分，这些指标对短期反弹和讨论热度很敏感。当BTC在80,000—83,000区间出现快速反弹时，动量和热度会先于资金改善而回升，于是指数就上调了。换句话说，**情绪指数反映的是"关注度和短期动能"，而不是"资金是否真的回来了"**。 这个错位的实用含义有两个：**第一，别把情绪回升当成底部信号。**Woke up to see $ETH with a 100x short position floating profit of 439%, priced at 2420, and felt a bit relieved. The short was opened last night at 2532, caught the big bearish candle after the 2578 high point.
No need to overthink the market: four consecutive bearish candles on the 4-hour chart broke through all short-term moving averages (MA5/10/20 all pressing from above). Today’s drop is 4.46%, 7-day drop is 10.54%. The "Maji" long positions’ floating losses reflect the hunting of bullish liquidity. Volume drops with volume, rebounds lack volume, the retreat isn’t over.
But with 100x leverage, I really can’t afford to hold on. The 439% floating profit looks tempting, but a pullback is just a few needles away. There was brief support at 2407, looking down to 2380. If the rebound holds between 2450-2480, the bulls will counterattack fiercely. So the first thing upon waking: take profit on most of it, secure the gains. Keep a small base position to watch for a breakout, don’t be greedy for the last copper coin. 10.13 Spot Gold (XAU/USD) Morning Outlook
Gold formed a reversal structure after bottoming at 4066 on the 4-hour chart, completing a bullish BOS, with lows gradually rising and a major bottom structure established.
Currently, the price has pulled back after a rally, with MA5 crossing below MA10 indicating short-term pressure, MA20 providing support near 4163, MACD red bars shrinking, and short-term bullish momentum slowing, leading to a high-level consolidation phase.
From the 1-hour resonance perspective: the 4-hour major cycle shows a bullish base, while the 1-hour chart shows a correction structure, indicating a divergence in rhythms between large and small cycles, with short-term mainly focused on oscillation repair.
Recommendation: Short at the 4175-4195 rebound zone, targets at 4150, 4130, 4110; if price stabilizes on the 4140-4130 pullback, consider going long with targets at 4170, 4190.
Risk Warning: The above is only a technical market view and does not constitute any investment advice. Trading carries risks; please manage your positions carefully. $XAU #CPI与PPI公布在即，加息预期迎考验 $BTC $ETH
🚨 【Market Alert】CPI/PPI nuclear bomb approaching, BTC breaks down and heads straight for the 80,400 defense line!
Macro pressure: From October 14 to 15 at 20:30, the US will release core inflation data including September CPI and PPI. Due to rising energy prices and the Fed's expected rate hikes this year (currently about 18% priced in for October), the market is highly risk-averse before the data release, with clear capital outflows.
Technical breakdown: BTC's current price has dropped to around 81,280, with a daily decline exceeding 3.1%; the daily MA5 (82,500), MA10 (83,542), and MA20 (83,888) form a steep bearish alignment pressing down, with bears fully dominating the market, pushing down to the previous low support at 80,400.
Practical risk control: This is a typical pre-data "front-running short squeeze," strictly forbidding blind left-side catching of falling knives around the 81,000 mid-level. Short-term focus on the support strength at the previous low of 80,400; during the data release on the 14th-15th, "spike" washouts are very likely, so it is recommended to stay out or hold light positions and wait for the macro direction to become clear before taking right-side action!
(Personal review opinion, not investment advice. Among all trading rules, preserving principal is the first!)CPI and PPI are about to be released, will the crypto market fall first out of respect?
Last night, the crypto market almost entirely declined, BTC dropped to around $81,000, ETH fell more than 4%, and ZEC dropped over 10%, showing clear selling pressure in the market.
At this time, the most important focus is the upcoming US CPI and PPI data. If inflation continues to exceed expectations, concerns about the Federal Reserve raising interest rates may heat up again, and risk assets will face greater pressure.
My view is, don’t rush to bottom fish in the short term. For BTC, pay close attention to the support around $81,000, and for ETH, watch whether the $2,400 level can hold.
Control your positions before the data release and wait for the market to give direction; this is more important than blindly guessing price movements.
#CPI与PPI公布在即，加息预期迎考验
$BTC $ETH 📊SOL 4-hour chart: Weekly line sharply retraced, capital rotation occurred in the public chain sector
$SOL 4-hour
Current SOL price is 111.5, weekly line closed down 7.8%, significantly underperforming the broader market, continuing a steady decline since last week's 118. The 4-hour MACD operates below the zero axis, overall in a weak consolidation pattern.
The positive effect of the Alpenglow upgrade has been fully realized and absorbed, with on-site funds clearly shifting towards public chains like AVAX and ICP that are catching up, lacking active buying on the chart.
Key price levels summary
✅ Resistance level: 115, only by holding above this level can a second rebound rally be expected
✅ Short-term support: 108
Intraday range 108-114, stop loss at 107.
Currently in a weak state passively following the broader market, operation priority is to observe.