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Binance faces deep scrutiny again from the U.S. Department of Justice, potentially facing billions in additional fines for violating the settlement agreement
According to today's headlines from Bloomberg and Lianhe Zaobao, Tysen Duva, head of the Criminal Division of the U.S. Department of Justice, confirmed that a thorough investigation is underway into whether Binance, the world's largest crypto exchange, violated the $4.3 billion criminal settlement reached in 2023. The investigation was triggered last month when the Manhattan U.S. Attorney's Office applied to seize $61 million linked to Binance, funds alleged to have originated from the Iranian oil black market and laundered through the Binance platform. If the DOJ determines that Binance failed to effectively perform compliance reviews and fully block sanctioned entities as promised, Binance will face a new round of criminal charges and astronomical additional fines.[Old Leek Observation] $APT
APT's rebound this time is strong, but it will soon face a supply-side test.
On October 9, APT rose about 10.6% in a single day, with the price rebounding from around $0.74. On October 10, it once surged to around $0.84, with a 24-hour trading volume exceeding $120 million.
However, according to a third-party unlocking calendar, about 11.31 million APT are scheduled to be unlocked on October 11, valued at approximately $8.69 million, accounting for about 1.3% of the circulating supply.
Unlocking does not necessarily mean the project team will sell coins, but short-term funds will definitely pay attention to the new supply. Now is not the time to chase after a big bullish candle.
Focus on whether the price can hold steady when it pulls back to $0.79–$0.81.
Entry: $0.79–$0.82 (after pullback stabilizes)
Take profit: $0.85 / $0.88 / $0.92 / $0.97 / $1.03
Stop loss: $0.75 $NEAR 50x plus, +372.91%. Entered at 4.867, target at 5.229.
I've been watching this trade for two days. It lingered a long time in the 4.8-4.9 range, but every time it dipped below 4.85, large buy orders came in; the buying depth visibly increased.
The key was the 4-hour candle on Wednesday with a long lower shadow, indicating accumulation at low levels. I waited for it to retest 4.867 without breaking and then turn up, confirmed before entering. It actually moved 7.45%, with 50x leverage pulling it to this level.
Currently holding the position, moving the stop loss from 4.867 up to 4.95 to protect profits. The structure is intact, no action taken. $BTC $ETH #9月FOMC纪要公布，多数官员倾向再加息 $ZEC is really disgusting! It crashed from 1695 to 1111, I thought it was finally going to collapse, but it was forcibly pulled back to 1227.
MACD shows a golden cross signal, the bulls are still defending the price. No ecosystem, no applications, purely relying on speculative hype, it can rebound after falling, the bears simply can't afford to hold out!
I curse it, but my position remains. If it dares to rise, I dare to short.
I'm not afraid of its rebound, just afraid of running out of margin. I just hope this short position can last until it truly falls back!🚨 The longer UNI consolidates sideways, the more cautious you should be! Those trapped wait to break even, those without positions wait for a breakout, and in the end, both sides might suffer!
$UNI $BTC $ETH
UNI has retraced steadily from its highs and is now finally entering a sideways consolidation phase. Many think that if it doesn't fall further, that's the bottom, but the real question is: Is the buying power strong enough to reverse the trend?
Recently, although UNI has positive factors like token burns and on-chain activity, the price remains under pressure, indicating the market is more focused on capital flows and the overall crypto market trend. Positive news does not mean an immediate price increase.
📍 Around 7.10: First support
If broken, focus on 6.65—6.70; weakness may continue to expand.
📍 7.45—7.50: First resistance
If the rebound can't hold, sideways movement may just be a correction after the decline.
📍 7.80—7.95: Strong resistance zone
Only a valid breakout and hold above this level can improve the short-term structure.
The most frustrating thing is that those trapped hope for daily bullish candles, unwilling to sell after a slight rebound; those without positions fear missing out if they jump in, yet worry the next bearish candle will trap them. #9月FOMC纪要公布，多数官员倾向再加息 #BTC现货ETF创近三个半月最大单日净流出 #PIMCO警告10年期美债收益率或达6% XRP ledger fixed a decade-old vulnerability: nearly allowed minting coins out of thin air
An arithmetic overflow vulnerability was found in the XRP ledger's payment engine: by placing hundreds of strange orders first, then using a single payment to consume them all, theoretically, extra XRP could be created out of thin air, and the extra XRP could be spent normally. Even the security checks designed to prevent coin creation used the same flawed algorithm, so they also miscalculated and failed to block it.
This vulnerability has been hidden in the code since 2015 and was only discovered by researchers last month. Version 3.4.1 has already fixed it, and the official statement says no signs of exploitation have been found.
For now, consider it a false alarm and don't rush to see it as negative news. $XRPCoinDesk Reveals Industry Blind Spot: Bitcoin's "Abnormally Extreme Volatility Days" in 2026 Have Surpassed the 2018 Bear Market
CoinDesk's in-depth analysis released today points out that although Bitcoin's annualized volatility has decreased from 84% in previous years to 46% this year due to deep involvement from Wall Street institutions and spot ETFs, making the market appear more stable, 2026 has already recorded 10 "Three Sigma (3 Sigma, meaning daily price deviation exceeding 3 times the normal value)" extreme trading days, even surpassing the 8 days during the 2018 bear market. This indicates that the commonly used near-term "Value at Risk (VaR)" models by Wall Street and institutions severely underestimate Bitcoin's tail risk (sudden crash risk), leading to potential over-allocation risks in portfolios. Dogecoin, can it break the bear market curse this time?
As soon as Dogecoin rebounds, many start shouting the king's return.
But whether the market can sustain depends not on a single day's gains, but on whether the capital and sentiment are truly in place.
DOGE's advantages are clear: long-standing consensus, high recognition, and flexible retail investor sentiment.
However, its shortcomings are also obvious: no stable business loop, insufficient scarcity, and the market mainly driven by sentiment.
This round's market leaders are still institutional funds, with capital primarily concentrated in BTC, without large-scale spillover into the MEME sector.
Therefore, DOGE is more like a sentiment indicator fluctuating with the overall market rather than an independently strengthening value asset.
The focus going forward is on three points:
1. Whether BTC can stabilize the market;
2. Whether altcoins and the MEME sector collectively recover;
3. Whether DOGE can break out with volume and maintain its position.
If these three conditions are not met simultaneously, the rebound is likely to turn into a pullback.
DOGE can serve as a market sentiment indicator but should not be engaged with under a value return logic.
Before retail investor sentiment truly erupts, don't get misled by single-day gains. BTC 82,000 tug-of-war: pushed up then pressed back, the pullback didn't break support either, today is a typical "trick short-term traders, test patience" scenario.
The greed index remains high, but the price shows no sincere breakout; in this market, chasing longs or shorts easily leads to getting slapped back and forth.
Around 83,500 is short-term strong resistance, around 81,000 is the defense level; if it can't hold, expect continued oscillation, don't rush to draw directional conclusions.
4. Today is not a big trend day, it's a range day. Those who can control their impulses benefit more than those who try to guess the direction.
#BTC现货ETF创近三个半月最大单日净流出 $BTC $ETH $ZEC $BTC's market volatility has been quite large these days, once dropping to 80350. It has now rebounded to around 82700. Is this a good time to buy the dip?
We see two core signals that are directly choking BTC:
1. The Federal Reserve meeting minutes were hawkish: officials generally worry about inflation, and most believe there will be more rate hikes this year! Don't expect monetary policy to turn accommodative; the high interest rate sword still hangs overhead.
2. Long-term US Treasury yields remain high: risk-free government bonds offer very attractive interest, making capital extremely cautious. The strengthening dollar inevitably puts pressure on BTC and other risk assets.
So I think this is just a short-term sentiment easing caused by the drop in crude oil prices; the risk from the news side has not improved at all! The current market is extremely fragile, and the short-term rebound is entirely supported by sentiment. If it can't hold key levels, a new round of decline may come at any time.
#BTC现货ETF创近三个半月最大单日净流出 #9月FOMC纪要公布，多数官员倾向再加息 #跟着OKX打卡2049 Citibank bullishly predicts $113,000 against the trend, but the prediction market views it as a "very low probability event"
Traditional financial institutions show clear divergence in their outlook. Citibank is very optimistic in its latest report, sharply raising its 12-month Bitcoin target price from $82,000 to $113,000, citing the worsening government fiscal deficits that continuously erode fiat currency value and ongoing institutional demand for safe havens. However, on-chain prediction markets have given a harsh response: on Kalshi and Polymarket, the prediction contract price for "BTC reaching $200,000 before the end of 2026" has dropped to a 2% underlying probability, indicating that most traders have abandoned the fantasy of a super bull market within this year. This $WOO dish is already burnt at the edges, yet someone is still pouring in super spicy chili peppers.
First, let's look at the heat. It rose 6.08% in 24 hours, and the short-term RSI shot up to 73.1 — this isn't just a "hot pan," it's the bottom of the pan glowing red, and the oil is starting to smoke blue. The long-term RSI is only 61.7, like a slow simmer on low heat, indicating this sudden flare-up is just frantic fumbling in front of the stove. The Bollinger Bands reveal more: the short-term price is stuck at the 92% level, with only 0.7% room above, but an 8.9% gap below; the mid-term band is pushed to 110%, meaning the dish has already blown the lid off the pot, spilling broth all over the stove. Anyone still adding ingredients is just seasoning the floor.
Now for the ratio. Mainstream coins are the main course, altcoins are the seasoning, and $WOO is like the cumin powder that turns bitter if you add too much. It shouldn't be the main ingredient on stage; its place is to sprinkle a pinch for aroma before closing. Now someone is treating it like a steak to pan-fry, and on top of that, pouring on a ladle of leverage — leverage is the super spicy chili pepper: half a piece perks you up, a whole handful burns your guts, and you can't even speak the next day.
The signal is to sell. The 1H RSI has crossed the 64 line, the short-term is seriously overbought, chasing longs is like pressing your hand directly on a red-hot iron plate. My approach is to wait for it to cool down and bubble again — entry point set 3.7% above the current price, letting the false heat dissipate before striking. Two targets, each lower than the last, and a stop loss set 15.1% away from the current price, which is the safe quota for chili peppers; exceed that, and the whole pot has to be dumped.
📉 Short:
Entry: $0.01 (current price +3.7%)
Take Profit 1: $0.01 (-10.9%)
Take Profit 2: $0.01 (-7.5%)
Stop Loss: $0.02 (+15.1%)
Don't get me wrong, I'm not bearish on this chain, I'm bearish on the plating at this moment. When an ingredient is forcibly stuffed into the main course spot, no seasoning can save the taste. RSI 73.1 is the dinner bell; if it rings and you don't take the dish away, what you take away is the burnt flavor.
This dish is overcooked beyond 70%, I choose to pull the pot.The S&P 500 surpassed 7800 points for the first time, and the Nasdaq hit a new high again. Despite the risk appetite warming up, it failed to drive UNI to strengthen simultaneously. I tend to regard this rebound as a weak correction rather than a reversal. Looking at the market, it only rose 0.7% in 24 hours, with a high of 7.54 and a low of 7.227. The trading volume of 12.018 million is relatively light. The 1-hour and 4-hour trends are still downward, down 16.10% and 25.91% from the highs respectively. The funding rate of -0.0093% indicates that bears have a slight emotional advantage, but the buy/sell ratio of 1.50 in the top 10 levels shows thicker buy orders, indicating short-term rebound demand. Strategically, lightly buy on a pullback to 7.253, stop loss at 7.118, target 7.586; if it directly surges to 7.612 and is resisted, you can reverse to short, stop loss at 7.744, target 7.331, with a single position not exceeding 5%.
——This is only a personal opinion and does not constitute investment advice. Wish you smooth trading.——
$UNI#标普500首次站上7800点，纳指再创新高
#标普500首次站上7800点，纳指再创新高 $UNI How are the brothers who chased MAGIC at the top doing? 🤣
This afternoon's market is so intense. MAGIC surged to a high of 0.1638 in the morning, then suddenly crashed back to 0.1056, a 35% drop from the peak. Those who chased the top are probably stunned right now.
Looking at the contract data, there were liquidations of 2.38 million in 1 hour, with long positions liquidated for 2.04 million, 4-hour long liquidations at 2.17 million, and shorts only 670,000. What does this mean? After the morning's short squeeze knocked out the shorts, now it's the high-position long chasers getting hit. Liquidation data doesn't lie; the market is this ruthless.
Looking at the market, the trading volume hit 1.637 billion, up over 3200%, and open interest rose 235%. This indicates a violent shakeout just happened, with both longs and shorts frantically closing positions. On the spot side, Binance and OKX heatmaps show large outflows; after the morning's pump by the main players, they are already selling off in batches. Funding rates have also returned from extreme negatives back near zero.
My view is simple: coins like MAGIC that are driven up by emotion and capital, once momentum breaks, fall faster than they rise.
One more thing, today is the weekend, liquidity is naturally poor, and capital tends to jump around altcoins wildly, chasing highs and selling lows, making it very likely to get hit from both sides.
$MAGIC #跟着OKX打卡2049
#交易之声：你的经验值得被听到
Personal review, not investment advice Just off the operating table, the monitor still ticking, the first case I saw was $WLFI.
It dropped 2.32% in 24H, price stuck at $0.06 — this is not cardiac arrest, it's chronic myocardial ischemia. Don't rush to use the defibrillator, first check the vital signs.
RSI short period 35.7, long period 42.5, both indicators oscillate at a neutral to low level, not touching the oversold bottom line. Like a mild increase in troponin: indicating damage, but not yet a sign of myocardial infarction. What's really interesting is the Bollinger Bands: the short period price is just 0.2% above the lower band, position reading 6% — almost compressed at the narrowest part of the vessel; the mid period position is 22%, with a 3.8% buffer zone from the lower band. This indicates that short-term blood flow is severely restricted, while the mid-term has not completely collapsed. This divergence is typical of "local ischemia with systemic compensation."
My judgment: now is not the time for surgery, but a window to wait for hemodynamic stability.
Entry is set at $0.05, 2.0% below the current price — that is the perfusion zone outside the lower band, wait for price pullback confirmation before acting. The first upward target is $0.06, corresponding to +4.8%, which is the basic perfusion after short-term reperfusion; the second target is also $0.06, with a range of +12.7%, belonging to the complete reperfusion direction of the mid-period upper band. Stop loss at $0.05, -13.5% — once broken, it equals an aortic dissection tear, surgery must be stopped immediately, no hesitation.
Surgical plan as follows:
📈 Long
Entry: 0.05 (current price -2.0%)
Take profit 1: 0.06 (+4.8%)
Take profit 2: 0.06 (+12.7%)
Stop loss: 0.05 (-13.5%)
Weight, blood pressure, and blood oxygen are all at critical values, position sizing must be as precise as suturing a one-millimeter coronary artery — one stitch too many causes bleeding, one stitch too few causes occlusion.
This token currently does not need defibrillation for ventricular fibrillation, but needs hypothermic circulatory arrest and patient waiting for heartbeat recovery.#OKX以250亿美元估值完成战略融资# This news boosted market risk appetite, but CL, as a small-cap asset, did not follow the rally; funds are more inclined to flow into mainstream assets. My judgment: CL is still dominated by selling pressure in the short term, and the rebound lacks sustainability. It only rose 0.5% in 24h, with the high and low narrowing between 89.74 and 91.69, and a turnover of 7.61 million indicating the absence of incremental funds. The funding rate returning to zero indicates that neither longs nor shorts are willing to pay a premium, and the open interest of 361,000 shows no significant increase or decrease, reflecting a strong wait-and-see sentiment. The buy-sell ratio in the top 10 order book levels is 0.49, with sell orders of 81,000 outweighing buy orders of 40,000, indicating heavy selling pressure above; although there is an upward move in 1 hour, the 4-hour trend is still down, falling 5.90% from the 4-hour high, so the rebound is a correction rather than a reversal. Strategically, a light short position can be tried at a rebound to 91.35, with a stop loss set at 92.18 and a target of 89.28; if volume breaks below 89.28, follow the trend to short, with a stop loss at 90.12 and a target of 87.85. Position size should be controlled within 5% of total funds, and avoid holding losing positions.
——This is only a personal opinion and does not constitute investment advice. Wish you successful trading.——
$CL#OKX以250亿美元估值完成战略融资
#OKX以250亿美元估值完成战略融资 $CL $BTC This trade is the same, betting on a steady rebound after breaking through 828!
There are actually quite a few left-side trading opportunities like this. If you set a target for each trade and take profits timely at 30%–50%, small gains accumulate and the opportunities become even greater.
My biggest problem is: even though I’m doing short-term trades, I always think about holding for a trend trade, which often ends up giving back profits.
Short-term trades should follow short-term logic: take profits when the target is reached, don’t let small gains turn into regrets! #9月FOMC纪要公布，多数官员倾向再加息 MAGIC Pulls Back from Range High: Which Key Level to Watch First?
How to define the boundary of this round of MAGIC's surge and pullback? The current spot price is 0.10728 USDT, ending the strong momentum after a short-term spike and entering a pullback consolidation phase. The past 24 hours have seen highly volatile price action, with the price surging from a low of 0.07381 USDT to a high of 0.16387 USDT, showing a significant overall increase and fully unleashed short-term volatility.
The core market divergence currently lies in whether this pullback after the rise is a correction for accumulation or the end of a phase. The short-term price is running based on the hourly chart structure; the most recent hourly candle closed at 0.11368 USDT, with the current price slightly below that level, testing the short-term support boundary.
Going forward, the key focus is whether this short-term support can hold. If it stabilizes effectively, the price is expected to retest the previous high range; if the support fails, the market will enter a deeper consolidation. The overall market trend is like a receding tide, testing the depth boundary of the shore.
$MAGIC A 0.5% fee, but for small orders the actual cost may be as high as 5.46%. The NFT market announcement released by OKX on October 9 states: BRC-20 transactions are charged 0.5% of the transaction amount, but with a minimum of 546 SATS per transaction, whichever is higher.
For example: for a transaction amount of 10,000 SATS, 0.5% would be 50 SATS, but the actual fee charged is 546 SATS, which accounts for 5.46% of the transaction amount; only when the transaction amount exceeds 109,200 SATS will the percentage fee be higher than the minimum fee. Here, SATS is the smallest unit of BTC, with 100 million SATS equal to 1 BTC.
Who pays this fee depends on the situation: the party who actively accepts an existing order and completes the transaction pays this fee, while the order placer does not. The announcement states the effective date as September 22, 18:00 Beijing time, not starting today. Fees and payers for NFTs on other networks are based on the trading page.
ORDI and SATS are both BRC-20 tokens, suitable for comparing this type of transaction cost; the SATS token is different from the unit "SATS" used for pricing. Below are their spot market prices along with BTC; the announcement refers to NFT market fees. Before confirming, check the actual payable or received total amount, not just remember the 0.5%.
Source: OKX October 9 fee announcement, reviewed October 10; the image is from the original text. Spot market watch: $ORDI $SATS $BTC If everyone is shorting, then I'll go long.
If it pulls up, isn't that like the dog trader rewarding me?
I opened a position yesterday at 1278.29, and now the price has dropped to around 1230, with the unrealized loss narrowing to 1.9U.
Do you know how I feel right now?
It's that feeling when everyone tells you "it will keep falling," but you go against the grain, and then the market actually starts giving you money.
I just checked the comments section; eight out of ten are shouting short. The more they do, the more confident I feel.
The price is stuck above 1200 and can't break down, it's obvious who's taking the losses.
Plus, the Zcash quantum resistance upgrade plan has been moved up to land in January 2027, and the compliance channels are getting wider and wider. The long-term logic hasn't changed.
After the market held at 1111, it has been tugging back and forth around 1230. The MA20 has flattened out, and experienced traders know what that means.
My position opened at 1278, stop loss if it breaks below 1150, add more if it holds above 1250. Simple and straightforward.
Look at the market yourselves and judge.
$BTC $ETH $ZEC
#美俄达成柴油供应安排，霍尔木兹风险仍未解 I came across news about Project Harmonia and stared at the figure "€1.9 trillion" for quite a while.
Allfunds manages assets worth €1.9 trillion, and the Solana Foundation is collaborating with them to connect institutional fund managers with tokenized funds on-chain. The RFP window is open until the end of October, and the first batch of fund managers will go live in the first and second quarters of next year.
To be honest, I've only seen figures of this scale in news unrelated to Solana before. Now that it appears in a project directly related to $SOL, it feels different.
What concerns me even more is another number: institutional-grade RWA on Solana has already exceeded $4 billion. Not "planned," but already running on-chain. BlackRock's tokenized money market fund was just the beginning; Project Harmonia is pushing this path further into a broader fund distribution market.
I admit I sometimes doubt myself—institutions say they are entering the market every day, but where exactly have they gone? But seeing a network like Allfunds, which manages assets at the trillion level, willing to integrate Solana into its distribution system makes me feel this is not just empty talk. It's about laying pipelines. Once the pipelines are laid, the water will flow sooner or later. Blockworks analyst Jake counters the claim that "Ethereum's liquidity moat is lost": ETH still holds about 65% of DeFi's TVL, around 45% of on-chain governance share in RWA, spot ETFs and institutional treasuries together hold about 13% of the supply, and about 36% is staked.
But he also admits the real vulnerability: the market cap is about 1100 times the REV of the past 12 months. If there is only reserve asset premium without income inflow, the valuation will always be hanging. Locked tokens lock supply, REV is demand—36% staked, 13% in institutional pockets, the circulating supply will only get thinner, but on-chain income hasn't kept up. These two accounts will have to be settled together sooner or later.
$BTC
$ETH 🚨 $ZEC SHORT SELLERS, WHERE ARE YOU? I’VE BEEN STUCK FOR TWO MONTHS AND THIS COIN IS TESTING MY LAST NERVE! 😭💀
Seriously, who still thinks $ZEC is a good altcoin? This thing barely moves sideways over the weekend, yet somehow it keeps finding a way to make life miserable for anyone holding a short.
I opened my short around $600, thinking I had a decent setup. Now look at it… $843! Almost two months later,
#DailyOrbit Folks, let me just say, Moderna this time completely turned the "steady image" of a traditional pharmaceutical company into the skyrocketing script of a crypto altcoin🤣
Not long ago, it was lying flat steadily at the 130 level, looking like a proper traditional pharma company, but then it suddenly switched to rocket mode, shooting up to 225, rising nearly 70% in 30 days, 18% in 7 days, and still hitting new highs today. The three moving averages are so far behind it that you can't even see their tail lights. The big bullish candlestick piercing the clouds on the chart is fiercer than any altcoin I've ever seen.
So now even legit US pharmaceutical stocks are playing the crypto altcoin skyrocketing game, huh? People used to say "traditional finance is stable, crypto is too volatile," but now Moderna just schooled me with candlesticks: what stability really means and what volatility really is. Traditional assets are now rising more irrationally than the Meme coins in your hands.
The craziest part is, their rise actually has a "reason"—today it's being included in the Nasdaq 100, which directly pushed it to new highs. So all the previous gains were just early positioning, waiting for this good news to land. It's not a blind surge, and for people like me who missed out, there's not even a reason to complain—just gotta slap my thigh at the candlestick chart.Gold ETFs are attracting record inflows but struggling to support gold prices; under high interest rate pressure, funds are flowing into high-volatility assets. $SNDK's 3.3% drop today is a reflection of this risk appetite swing, and in the short term, I tend to expect further bottom testing.
Both the four-hour and one-hour charts are weakening simultaneously, having fallen 12.62% from the four-hour high. The current price of 1590 is running close to the 1577.8 low, with a volume of only 247,000, showing weak support; the funding rate is zero, indicating neither longs nor shorts are willing to pay a premium. Open interest remains at 48,000 without reduction, while buy orders stand at 290 against 168 sell orders, a ratio of 1.73, showing clear market divergence: spot buying is supporting, but contracts are retreating.
Strategically, if there is a rebound to 1618.5, a light short position can be taken with a stop loss at 1643.2 and a target of 1548.6; if it directly probes down to 1552.3 and buying continues to increase, then reverse to long with a stop loss at 1531.7 and a target of 1596.4. Position size should not exceed 20%, and decisively exit if the position breaks.
— This is only a personal opinion and does not constitute investment advice. Wishing you successful trading. —
$SNDK#黄金ETF创纪录吸金，高利率仍压制金价
#黄金ETF创纪录吸金，高利率仍压制金价 $SNDK This indicator is even more accurate than candlesticks; the best way to judge bull or bear markets is to see whether Brother Maji is liquidated.
I just checked Maji's address; he's been losing badly recently, losing over 7 million in a week. Now there’s only 860,000 left in the account. He currently holds only one long ETH position, but the position size is still very aggressive.
Currently holding 12,000 ETH, 25x full position long, with a position value of about $29.93 million. The average entry price is $2547.66; at the time of checking, ETH was about $2494, with an unrealized loss exceeding $640,000, and a position return rate of about -52.6%.
What’s even worse than the unrealized loss is the funding fees.
Since opening this position, approximately $1.35 million in funding fees have been paid. The combined unrealized loss and funding fees have dragged the account down by nearly $2 million. The current net account value is only about $1.067 million, with a withdrawable balance of 0. The liquidation price is around $2454.28, only about 1.6% away from the entry price.
Looking over a longer period, it’s even more extreme: Maji lost about $6.94 million in the past 7 days, about $4.11 million in the past 30 days, and Hyperliquid’s historical cumulative P&L is about -$35.64 million. At his best, cumulative profits once approached $44.84 million. In other words, from the peak to now, the P&L curve has drawn down over $80 million.
Maji isn’t incapable of making money; it’s just that every time he makes money, he wants to use even higher leverage to win again. If the market moves down just a bit more, he might become the market’s liquidity again. pons and stonk continue to decline together, no rebound at all, the data downturn is the most significant factor!
I looked at the data, pons data is poor, but it can't be denied that it is the leader of the robinhood chain, which is the key factor in positioning market value.
stonk's data is a bit better, but the sol chain has pump as the leader, so it can never become the top dragon. 1xpump is indeed strong, buybacks are also powerful, and the bottom has multiplied several times. sol has many old meme coins, naturally there is trading volume.
Some ask why, even in the meme off-season, SOL's trading volume is still so large. It's because sol has been around longer, with so many celebrities issuing coins, so many former golden dogs, these holders are all there, while robinhood only has a few golden dogs, and user holdings are far less than sol, it just needs time.
I still look forward to some more golden dogs in the meme space, otherwise the market really has nothing much to play with. A large market cap golden dog has one advantage: it often easily absorbs funds for a period of time, which is quite good and pretty appealing.
As long as this coin rises and gets listed on exchanges, it will never lack fantasizers, and you can happily collect fees for a month.
pons is no good anymore, coin stocks are also no good, but although crcl's data is poor, the APR annualized is still over 20+, so doing coin stocks with this fee rate is also not bad.The problem with this building is not the facade, but the load-bearing walls. A 7.02% increase within 24 hours forcibly pushed the price to 112% of the short-term Bollinger Band—hovering 0.8% above the upper band, which is like pouring the floor slab beyond the red line onto an overhanging eave without any support, no matter how dense the reinforcement is.
The short-term RSI has surged to 70.6, crossing the overbought red line at 64; meanwhile, the long-term RSI is only 47.7, still firmly in the neutral zone. I’m very familiar with this combination: the upper floors are being crazily added, but the concrete grade of the foundation hasn’t moved an inch. The mid-term Bollinger Band is only at 62%, leaving 4.8% and 8.3% margins on the lower and upper bands respectively, indicating the main frame can still hold for now, but this eccentric load in the short term has already pushed the shear walls on this floor to their limit.
My habit when reviewing drawings is to first check the geotechnical report, then look at the renderings. The white paper is just a rendering; anyone can make it look good. What really determines how tall this building can be and how long it will stand is the foundation bearing capacity, reinforcement ratio, and the developer’s construction discipline. The 7.02% increase in 24 hours raises the book average price, not the structural strength—this is a typical scaffold-style rise that wobbles with the wind.
So my handling plan is straightforward: don’t chase this cantilever; wait for it to pull back to just outside the upper band, about 1.0% above the current price, and place a short order there. Treat this position as temporary support to dismantle, then exit without fighting.
📉 Short:
Entry: 0.01 (current price +1.0%, place order just outside the upper band on pullback)
Take Profit 1: 0.01 (-9.2%)
Take Profit 2: 0.01 (-7.6%)
Stop Loss: 0.01 (+11.5%)
The first take profit target at -9.2% corresponds to the first support point on the mid-term structural surface; the second at -7.6% is near the short-term moving average acting as a temporary lintel. Both are on the same load path, so dismantle whichever is reached first. If the price breaks above +11.5%, it means this floor addition has been officially accepted, and I will immediately exit without leaving a single rebar.
By the way, the seismic rating of this set of drawings was originally only designed for temporary sheds, yet the market is selling it as a super high-rise.
I never sign off on structurally unqualified buildings.*Bitcoin Latest October 10th 4 PM Chinese Summary*
*Current Price $BTC $82,600 $ETH $2,490 $ZEC $1,210 Only a rebound, not a reversal yet*
*1. Price: Swept $80,350 then ground at $82,500 weekly line*
On Thursday, the low was $80,350, sweeping below $81,300 stop-losses, $1.05 billion short liquidations, on Friday it stood back at $83,000 then ground back to $82,500. Your calculated range is $86,500 on the top, $81,300 on the bottom, a $5,200 range with a midpoint at $84,000, price repeatedly tests $84,000. $82,500 is the weekly close lifeline; if it can't hold and closes below next week looks at $80,000-$78,000. Resistance at $82,800-$83,500, I have a short box at $81,164-$83,636, stop-loss at $86,000, breaking $83,500 will defend shorts covering to $85,000 institutional cost line Strategy $85,838.
*2. Capital Flow: 55,000 coins entering exchanges at a loss + ETF largest outflow*
In the past day, over 55,000 $BTC entered exchanges at a loss, cost $86,000-$90,000, the batch that just got on board couldn't hold, old money LTH did not move, pressure is in turnover not exit. #BTC spot ETF recorded the largest single-day net outflow in nearly three and a half months, ETH also outflowed, total network liquidations $1.09 billion.Yesterday afternoon I wrote: ETH dropped to 2406 then hovered back to 2500, felt itchy to act but held back, asking if you’ve ever experienced this.
#9月FOMC纪要公布，多数官员倾向再加息
Answer: I held back the whole day again. During the day, it touched that 2500 rebound, at night the highest was about 2520, and this morning it even dropped back to 2474 — the 2550 long entry line was never touched. Now it’s still hovering between 2490–2500, almost exactly as I said yesterday afternoon, the second time feeling itchy but the market sent it back unchanged.
The money side is even advising me not to move: According to Farside, on 10/9 about 56.1 million ETH spot ETF flowed out again, the outflow hasn’t stopped; most officials in the minutes still lean towards another rate hike, and before the 10/14 CPI I don’t want to be the one catching the knife. The rule remains — don’t chase longs unless it firmly stands above 2550, and those short below 2400 will be tougher.
To be clear, it’s not about being more accurate, it’s that I just told myself yesterday not to chase the knife — and today I stuck to that. This little itch around 2500 isn’t enough to make me change my mind.
$ETH
A sincere question: For this "just held back, and the market sent the itchy point back again" second time feeling itchy, are you A already touching a bit, or B continuing to watch empty-handed? Have you experienced this? Comment below, I’ll reply one by one. When that needle struck at 2 a.m., I stared at the screen and did only one thing: no move. Tonight, were you adding to your position, or pretending not to watch the market? BTC returned to around 83,000, only up 0.8% in 24 hours, but the weekly chart still showed a 2% drop. What does this rebound look like most? It's like getting back up after a fall—that doesn't mean you can hold your ground. Tonight, I only see it as a repair, not a rebound. The truly useful signal is behind you: can the pullback stop at a higher level? If you can hold it up, you have the confidence to keep going up; If it slips back to its old level, this wave is just a fluctuation, not a turning point. The biggest fear during the volatility phase isn't a drop, but disrupting the rhythm. The spot ETF just recorded its largest single-day net outflow in nearly three and a half months, and this information is even more worth pondering than the price itself. It shows that marginal buying is retreating; institutions are not panicking but are pulling off first. What the market is trading now is not about "whether the bull market is still here," but "who wants to buy first at this level." At times like this, BTC's rebound will seem hesitant, and ETH and Altcoins will find it harder to break out independently. ETH is still near 2490, down 1.3% in 24 hours, not rebounding upward. My own feeling is that it is recovering rather slowly. 2500 can serve as an observation line, but climbing above is just the beginning; whether it can hold this distance is much more important than simply touching the round number. As for Altcoin's sentiment anchor, it still depends on whether ETH can stabilize first. SOL has returned above 110, but the weekly chart remains close Yesterday afternoon I asked here: The 80.4 spring has started, 82.6 can follow, or is it a fake rebound with the drop still ahead of CPI?
#BTC现货ETF创近三个半月最大单日净流出
Answer: The spring did bounce once but didn’t hold. Yesterday afternoon it was still grinding around 826xx, at 7 PM it directly touched 83530, looking like a real bounce — but then it gave back overnight, and today it’s been hovering between 82500–82900. Now roughly around 82800, 82.2 is still underfoot, the highest volume surge at 83.5 has already been fully given back.
The money side also needs to revise its figures: According to Farside, on 10/9 BTC spot ETFs had a net inflow of about 21 million (IBIT +22.4 million, FBTC still out 3.6 million), which is a breather compared to the two drops on 10/7 and 10/8 (totaling about 729 million outflow). A breather doesn’t mean a reversal — the big outflows are still on the books, and the hot topic drop hasn’t been resolved yet.
My plan: After the 83.5 surge and pullback, I won’t chase; the next drop window is still the 10/14 CPI. Those short shouldn’t rush to flip long; whether the spring can hold until before CPI, the market itself will tell.
$BTC
Where do you stand now: A) 83.5 spring has started, pullback to 82.6 can still follow, or B) fake surge with the drop still ahead of CPI? Comment below, I’ll reply one by one. #BTC现货ETF创近三个半月最大单日净流出, risk appetite decline drags SOL into weak consolidation, I lean short-term bearish with weak rebound. Four-hour and one-hour moving averages both trending down, current price 109.94 down 11.39% from the four-hour high, 108.37 is the key support now, if broken look to 106.85; resistance clearly at 112.04 above. Funding rate only 0.0024%, open interest 3.068 million, bullish sentiment light; order book shows 15,000 bids vs 13,000 asks, buyers slightly dominant but volume only 6.039 million, rebound strength limited. Strategy: lightly short near 110.65 on rebound, stop loss 111.85, target 107.25; if volume surges and holds above 111.35, can switch to short-term long, stop loss 109.85, target 113.15. Position no more than 20%, exit on break, do not hold losing positions.
——Personal opinion only, not investment advice, wish you successful trading.——
$SOL#BTC现货ETF创近三个半月最大单日净流出
#BTC现货ETF创近三个半月最大单日净流出 $SOL Brothers, my rich brother has betrayed me!
A 70% increase in one day has already been successfully taken down by me, and the short position has been closed for profit.
I reversed to go long, and many brothers might not understand why go long at this time when it has already started to decline?
It's precisely because it has fallen that I want to go long.
Look at the candlestick chart, $MAGIC dropped directly from 0.16387 to 0.11279, a plunge of over 30% in less than half a day!
Those chasing highs have been buried with no chance.
But the key is not the drop, it's the long-short ratio data; despite a 30% plunge, the short position ratio is still as high as 70%!
Do you know what this means?
Short sellers have made huge profits.
Shorting down from 0.16, everyone has made a fortune.
But the market never lets the majority leave with a smile.
Once these shorts start collectively closing positions to take profits, it will cause a stampede short squeeze.
Short sellers buying back to close positions will instantly push prices up, triggering more short seller panic, causing a chain reaction explosion.
Would the manipulators be foolish enough to keep smashing down and let 70% of shorts comfortably make money and leave? Impossible.
So I reversed to go long at 0.11123, with a stop loss set below the previous low at 0.10; if it breaks, I accept it.
The first target above is 0.13, and if it breaks through, look to 0.15.
Trading is always against human nature.
When others panic sell at a loss, I choose to catch the bleeding chips.
Currently, 0.11 is a good price to enter a light long position, with a proper stop loss; the risk-reward ratio is very favorable.
#9月FOMC纪要公布，多数官员倾向再加息
#BTC现货ETF创近三个半月最大单日净流出
$BTC
$ZEC Folks, let's just say, Dogecoin has completely turned the "top Meme coin" image into a "tool for following the market dive"🤣
Not long ago, it even surged to a little peak of 0.105, and everyone in the group was shouting "Dogecoin is returning to its peak, Elon Musk is about to pump it again," but then it immediately started free-falling along with the mainstream coins, crashing all the way down to the 0.08 floor. Those big green bars on the daily chart look just like the holly bushes in my neighborhood's landscaping, all lined up neatly going down.
The MA5/MA10/MA20 moving averages got stomped on and tumbled over, dropping 7 points in 7 days. So all that talk about a "Meme coin independent rally" was a lie. When the market drops, Dogecoin runs faster than anyone else, not even giving you a chance to look back.
The funniest part is, it crashes harder than anyone else, and today it just bounced back 1.79%, and people are already shouting "Dogecoin is about to restart its rise." So the memory in this crypto world is just like a dog's memory, only 7 seconds, right? They forget all the pain from the drop a few days ago, and just because it went up one point, they think they're about to be financially free.Brothers, don’t just focus on $BTC. I just checked 82860, pulled up the 4-hour chart and compared volume and price, and all the tricks underneath were exposed.
The day before yesterday, when it surged from 81700 to 83500, the 4-hour trading volume was a solid 1.3 billion dollars—real money from active buyers pushing it up; but look at today’s slow crawl back to 82800, the 4-hour volume shrank to just over 300 million, less than a third of that.
Such a volume-price divergence means the recent push to 82860 is not a trend reversal at all; it’s purely a fake high created by short sellers covering positions and small funds forcing it up in shallow liquidity. This kind of volume-less rally is most vulnerable when it hits the previous dense trading zone—between 82900 and 83300, where 1.3 billion dollars of turnover chips are pressing down. Without equivalent active buying to absorb it, any touch will be met with passive selling to break the price down.
Now the 1-hour K-line has left a long upper shadow at 82860. The key support below is clear: the rebound’s starting platform at 82500. If this level breaks, it means the bulls don’t even have the strength to defend their base, and it will directly break down with the trend, heading to test liquidity at the previous low of 81600. $ETH $ZEC #9月FOMC纪要公布，多数官员倾向再加息 #BTC现货ETF创近三个半月最大单日净流出 #跟着OKX打卡2049 The liquidity stacked above the price is simply astonishing. This wave of sell-offs has left a large number of shorts — if the price surges to around $85,000, about $3 billion worth of positions will be liquidated.
The biggest pain point? It's right above. The fuel is right there. This doesn't mean there will be a surge tomorrow, but as long as buyers step in, this trend looks very much like a short squeeze. Watching to see if the price can break through the range resistance — once it breaks, the market could be very intense.
Still bullish on 2027–2030 in the long term. Corrections like this are just areas to recharge for the next cycle. But in the short term, this liquidity imbalance is a trading opportunity. $BTC $ETH $ZEC There is another market underestimated negative factor today — the security issue of hardware wallets.
Hardware wallet manufacturer Ledger recently launched an investigation following reports that devices purchased through a Southeast Asian distributor experienced cryptocurrency theft.
Blockchain investigators estimate potential losses between $86 million and $93.4 million, but Ledger has not yet confirmed the amount or identified the cause.
Ledger has requested the distributor CryptoBilis to suspend sales and shipments.
Currently, there is no conclusive evidence showing that Ledger's own system was hacked.
Longtime followers might recall that Shisan previously said, for most crypto investors, the safest way is to keep coins on two leading exchanges.
They have a safety net; even if your money is stolen, you can get compensated.
Hardware wallets are indeed more secure, but the reputation of device manufacturers cannot be guaranteed. Without a punishment mechanism, it is too easy to implant trojans in wallet devices. #Securitize launches 12 on-chain US stocks, further advancing asset tokenization. ETH, as the main settlement layer, is expected to benefit, but my judgment is that the short-term weakness is unlikely to change. The 1-hour and 4-hour moving averages still press downward, with the price falling more than 9% from the 4-hour high. The funding rate is only 0.0014%, and bulls show no willingness to chase the rally. Current price is 2494.5, down slightly 0.2% in 24 hours, with a trading volume of only 12.89 million, indicating light volume and not heavy selling pressure. The key support below is 2473, and the short-term resistance above is 2520.77. The order book's top 10 buy-sell ratio is 3.88, with clear buy-side support. Such divergence often repairs first before choosing a direction. Strategy: place a long order at 2487, stop loss at 2468, target 2519, reduce position by half at target; if 2521 breaks with volume but does not hold, then reverse to short, stop loss at 2536. Position size should not exceed 20%, exit immediately if broken, do not hold the position.
— This is only a personal opinion and does not constitute investment advice. Wish you successful trading. —
$ETH#Securitize launches 12 on-chain US stocks
#Securitize launches 12 on-chain US stocks $ETH $MAGIC shorted 20x, +163%. Entry at 0.11668, mark at 0.10729.
Waited several days at this level, clear selling pressure near 0.116, bulls exhausted so shorted. Actually dropped 7.4%, leverage amplified. My rhythm is solid: observe → confirm → enter → hold.
20x leverage means no stubborn fighting, but no premature panic either. Follow the strategy, set take profit, let the position run, what’s realized is deserved. $BTC $ETH #9月FOMC纪要公布，多数官员倾向再加息 #Securitize launched 12 on-chain US stocks, the narrative of asset tokenization is heating up, SLX as a related target is receiving attention, but the current technical aspect is weak, I tend to wait and see for confirmation. The 4-hour downtrend structure remains unchanged, the current price 0.05912 has fallen 18.65% from the 4-hour high, with only 3.48% room from the low; the 1-hour chart is also weakening. Down 0.3% in 24h, trading volume 1.768 million, volume is flat. The order book's top 10 buy-sell ratio is 0.56, selling pressure is obvious, funding rate 0.0050% is neutral to slightly bullish but the position of 28.376 million shows no panic selling.
Resistance above is seen at 0.06053, support below at 0.05748. If it rebounds to around 0.06053 and faces pressure, a light short position can be taken, stop loss at 0.06187, target 0.05761; if it pulls back to 0.05748 and stabilizes with volume, go long, stop loss at 0.05632, target 0.06041. Position size should not exceed 5%, exit immediately if support breaks.
——This is only a personal opinion and does not constitute investment advice. Wish you successful trading.——
$SLX#Securitize launched 12 on-chain US stocks
#Securitize launched 12 on-chain US stocks $SLX On-chain data is giving signals completely opposite to the price trend.
Whales are continuously accumulating.
Santiment data shows that wallets holding between 10 and 10,000 BTC have cumulatively increased their holdings by 86,702 BTC over the past three weeks, with buying mainly driven by institutions like BlackRock.
Glassnode confirms that the trend of BTC whales net depositing Bitcoin to exchanges has stopped.
This trend lasted for more than three months since summer, twice as long as other similar trends in 2023, and ended in late August, after which capital flow has remained negative.
Exchange supply has hit a 7-month low. In the past 24 hours, crypto exchanges have seen a net outflow of 24,073 BTC, the highest level in 7 months.
Binance's weekly net outflow of Bitcoin reached 23,137 BTC, the highest since June 2023, with the platform's Bitcoin reserves dropping from 704,800 BTC to about 663,100 BTC.
Stablecoin funds are gathering towards exchanges.
Whale 30-day cumulative stablecoin inflows to Binance rose from $21.7 billion to $30.5 billion, an increase of about 40%.
Whales have accumulated 86,702 BTC in three weeks, exchange supply has dropped to a 7-month low, and stablecoins continue to flow in. These three signals combined indicate that chips are concentrating from trading platforms to cold wallets and institutions.
The price is consolidating around 82,000, but the supply-demand structure is quietly tightening.
From an economic perspective, when supply is less than demand, prices inevitably rise The Bitwise Dogecoin ETF is going to be liquidated, with the last trading day on October 14 and the remaining investors getting paid on the 22nd. The asset size has dropped to $725,000, evaporating more than 70% compared to the initial $2.5 million seed funding.
Honestly, when I first saw this news, I almost dropped my phone. ETF liquidation sounds like the sky is falling.
But after taking a closer look, I realized it's not that scary. Bitwise's CEO himself said he personally holds Dogecoin and quite likes the asset. The problem lies in a gap between ETF investors and crypto application users; those using brokerage accounts just aren't willing to put money into DOGE. Simply put, the people on that channel aren't ready yet, it's not that Dogecoin itself has any issues.
More importantly, Bitwise shutting down doesn't mean the Dogecoin ETF path is closed. Grayscale's GDOG is still running, and 21Shares' TDOG is still trading normally on Nasdaq. If one path is blocked, others are still open. Also, SoSoValue's data shows that the entire spot Dogecoin ETF had a net inflow of over $327,000 last week, marking the third consecutive week of inflows.
One closes, another batch is still open for business. $DOGE, I'm not worried.#台积电Q3营收创新高，10月15日财报还有哪些看点？ For those bottom-fishing KAIA, answer this question first
Some are buying the dip during the rebound, while others see this rally as a window to reduce positions. The divergence centers on whether this surge is a trend restart or a short-term pulse.
Observation: OKEx spot KAIA/USDT shows huge 24-hour volatility, ranging from 0.03776 USDT to 0.06776 USDT, with the latest price at 0.05788 USDT, a 24-hour increase of +52.63713080168776371308016878%. This data only proves short-term price volatility and cannot confirm if the upward momentum will continue.
Observation: The recent 1-hour K-line closing price is 0.0585 USDT, with the price retreating from the intraday high. This only indicates high-level selling pressure and cannot determine if it is a brief consolidation or the end of the rebound.
Pending question: Can this rebound hold the key range? If it holds near 0.05788, the rebound still has a chance to continue; if it breaks below 0.03776, this pulse rally will most likely be invalidated.
$KAIA $BTC $ETH The key risk is not only whether roughly $1B in Iran-linked crypto is seized, but how clearly authorities distinguish wallets, intermediaries, and counterparties. With no new asset details confirmed, the immediate lesson for stablecoin users is operational: sanctions exposure can turn liquidity into a compliance event.
#IranUSD1BSeizureRisk #贝森特拟查扣10亿美元伊朗相关加密资产 Such geopolitical enforcement news will suppress risk appetite in the short term, but the impact is more on sentiment rather than supply and demand. BTC only rose slightly by 0.2% today. I judge it still as a consolidation digestion rather than a trend reversal. The current price is 82759.6, weakening on the one-hour level, still upward on the four-hour level, short-term pressure below 83499, and 82234.8 is the key intraday defense line. The order book's top ten buy-sell ratio is only 0.48, with obvious selling pressure dominance. The funding rate of 0.0043% is relatively low, indicating the bulls are not crowded, and the position of 30,000 coins does not show overheating. The turnover of 4.808 million is relatively light, and chasing the rise has a low cost-performance ratio. Risk control priority: If it pulls back to 82115.7 and stabilizes, you can lightly try going long, stop loss at 81430.5, target 83360.2; if it rebounds to 83180.4 and stalls, then reduce positions; if it breaks below 81905.3, follow the trend to bearish down to 80680.6. Single position should not exceed 20%, and stop loss must be mechanically executed.
——This is only a personal opinion and does not constitute investment advice. Wish you smooth trading.——
$BTC#贝森特拟查扣10亿美元伊朗相关加密资产
#贝森特拟查扣10亿美元伊朗相关加密资产 $BTC Besent plans to seize $1 billion in Iran-related crypto assets, news that short-term suppresses risk appetite, but WLD has no direct connection to this matter, it is more of an emotional disturbance. I tend to think there will still be a rebound after a pullback.
Up 10.4% in the past 24 hours, price 0.5542, volume exploded to 239 million, peaked at 0.5761 then retreated. Funding rate 0.01% is slightly neutral, open interest 70.3 million coins, weakening in 1 hour, only 20% above the low, order book buy/sell ratio 0.71, selling pressure is heavy.
Strategy: lightly buy on a pullback to 0.5213, stop loss at 0.4987, target 0.5773; if volume breaks below 0.4987, then reverse to bearish target 0.4613. Position no more than 20%, strictly observe stop loss.
— For personal opinion only, not investment advice, wish you successful trading. —
$WLD#贝森特拟查扣10亿美元伊朗相关加密资产
#贝森特拟查扣10亿美元伊朗相关加密资产 $WLD U.S. Treasury yields at 5.3% hit a 24-year high, something we have mentioned multiple times in yesterday's and even earlier articles.
Today, the deepest driving force behind the prolonged pullback is not within the crypto market but in the bond market.
On October 8, the 10-year U.S. Treasury yield rose to 5.305%, and the 2-year yield rose to 4.821%, both reaching the highest levels since 2002.
Brent crude oil remains high at $104.87.
But this time, the root cause of rising interest rates is more complex than just Federal Reserve rate hikes.
The Federal Reserve's September meeting minutes revealed a mechanism seriously underestimated by the market: massive private debt issuance for AI infrastructure construction has become a key driver pushing up U.S. Treasury yields and long-term bond premiums.
During the two meetings, nominal yields on various bonds from 2-year to 10-year maturities rose by about 35 basis points.
The Bank for International Settlements estimates that between 2025 and 2026, the five major tech giants will spend over $1 trillion in capital expenditures related to AI.
Currently, global AI investment is about $500 billion and could rise to $3 to $4 trillion by 2030.
What does this mean?
Even if the Federal Reserve stops raising rates, the financing demand for AI infrastructure will still compete with Bitcoin for limited liquidity (key point).
The 10-year Treasury real yield (adjusted for inflation) has reached 2.92%, making the risk-free return quite attractive.
For cryptocurrencies, the required risk return rate also rises accordingly. *Bitcoin Latest October 10 Beijing Time*
*Current Price: $BTC $82,600 $ETH $2,490 Range Grinding, Weekly Line Holding $82,500*
*1. Price: $80,350 Stop Loss Sweep and Rebound*
On Thursday, the low of $80,350 swept away stop losses below $81,300 plus 1.05 billion short liquidations; on Friday, it stood back at $83,000 then ground back to $82,500. You calculate the $81,300-$86,500 = $5,200 range, with the pivot at $84,000, price repeatedly testing $84,000. $82,500 is the weekly lifeline; if it doesn't hold and closes bearish on the weekly chart, look down to $80K-$78K. My TP1 is $80K, TP2 $77K, TP3 $75K. The short position box stop loss between $81,164-$83,636 is $86,000.
*2. Capital Flow: 55K Loss-Making Coins Transferred to Exchanges + Largest ETF Outflow*
In the past day, over 55,000 $BTC coins at a loss were transferred into exchanges, with cost basis $86K-$90K; new entrants can't hold, old money hasn't moved, pressure is in turnover. #BTC spot ETF saw the largest single-day net outflow in nearly three and a half months, ETH also outflowed, over $1.1 billion long liquidations followed by spot volume contraction, $SOL dog coin $172 million accounts for 55.8%.
*3. Macro: FOMC Hawkish*
#September FOMC minutes mostly favor another rate hike, long bond yield at 5.34%, a multi-year high,$XRP This time's scoop is really a bit scary 😂
A vulnerability hidden for nearly 11 years actually allowed attackers to create XRP out of thin air, and still transfer, trade, and cash it out normally
Keep in mind, the total supply cap of XRP is 100 billion tokens!
If this is really exploited, wouldn't this so-called total supply cap become a joke?
Even more outrageous, the vulnerability was due to an integer overflow in the payment engine, and the security checks originally designed to prevent arbitrary minting failed to detect it
But two points need to be clarified: the vulnerability was fixed on September 25, and currently there is no evidence that the mainnet was ever exploited
So I'm not in a rush to short XRP because of this news, but this incident definitely raises questions about XRP's security
After all, a vulnerability that existed for nearly 11 years was discovered today, so how many others remain undiscovered?
Next, it depends on how the market prices this matter
#AI与量子威胁下，区块链安全如何升级？