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$ONE I had just finished complaining to a friend about this week's market, but now I have to take back my words, a bit awkward.
Last night before bed, I looked at ONE; every time it surged, it was just short of breath, volume didn't keep up, heavy with fake rallies. I only said one thing at the time: no one is catching the rise, keep holding the short positions.
Turns out the wait was worth it, from 0.0021116 down to 0.0020330, +37.5%, that profit feels good.
Don't get greedy with profits, don't despair over pullbacks. Better to miss a limit-up than to catch a falling knife and end up bleeding.
First take profit on 80%, protect the remaining 20% at cost price, if it continues to drop let the profits run, if it rebounds don't give the profits back. For friends who haven't gotten on board yet, listen to me: chasing highs easily leaves you stuck at the peak, wait for a new structure to appear before deciding.
$ETH $SOL Brothers, BTC and ETH are pushing up again, but ETF funds are scheming behind the scenes.
$BTC $86,700 | $ETH $2,723
Bitcoin rose about 1.3% in 24 hours, holding above 86,700, while Ethereum also held above 2,723. In the past 24 hours, 83.77% of short positions were liquidated, with shorts continuously being squeezed during the rebound.
BTC ETF weekly inflows plummeted 97%, ETH shifted from inflows to net outflows
There is a clear divergence in capital flows. Bitcoin spot ETFs had a net inflow of only $82.9 million last week, a sharp 97% drop from $2.39 billion the previous week. IBIT alone accounted for $292 million; excluding IBIT, other products had a net outflow of about $240 million. Ethereum ETFs fared worse—shifting directly from a net inflow of $690 million to a net outflow of $118 million, with Fidelity FETH leading weekly outflows at $74.1 million.
Technically, potential liquidation volume is concentrated above $87,300, and a breakout could trigger an accelerated short squeeze. If Ethereum breaks above $2,815, the cumulative short liquidation intensity on major CEXs will reach $497 million.
Discuss in the comments, with ETF funds turning around, how far can this "Uptober" run?👇
#美联储与欧洲央行将公布9月会议纪要
#BTC现货ETF重回流入，ETH资金持续流出 It seems I was right, $BTC wants to hit a new high, currently around 87000. It's not suitable to chase the price now. If you chase now, the stop loss should be set around 83500, which is not cost-effective. It's better to wait for a pullback opportunity; that will be our entry chance.Recently looking at $ZEC, I found that when people talk about privacy, they basically focus on the Shielded Pool.
Addresses are hidden, amounts are hidden, and transaction paths are becoming increasingly difficult to trace.
But there is another issue that many people rarely mention:
What about your IP?
Even if the on-chain transaction content is shielded, when the wallet broadcasts the transaction to the network, the network layer may still leave connection information. For those truly pursuing privacy, this is actually another piece of the puzzle.
Recently, Zcash has just started to address this part.
Nym has completed the mixnet network privacy work funded by the Zcash Community Grants, and the wallets Zingo and Zkool are integrating it.
Simply put, transactions will no longer go straight from "your device → Zcash network."
Data will be mixed and forwarded through multiple nodes before reaching the destination, making it harder for external observers to link an on-chain transaction to the device or IP that originally sent it.
I actually think this is quite important.
Because the easiest overlooked problem with privacy coins used to be:
The chain puts an invisibility cloak on you, but the network layer might still be showing your footprints.
ZEC has been strengthening Shielded itself over the past few years, and now if wallets gradually start protecting network metadata as well, the so-called "privacy" will begin to extend from a single transaction to the entire usage process.
Of course, currently only some wallets have started integrating this, so it’s still early for all ZEC users to have this protection by default.
But I’m quite curious to see if Zodl will follow later.
If one day you open a regular Zcash wallet and the address, amount, transaction relationships, and even network origin are all handled for you by default...
That’s when ZEC will really have the feeling of "I used it, but you don’t know I used it."
This is just my personal summary, not investment advice, DYOR.$PROMPT I originally just glanced at it today, but the more I looked, the more something felt off.
Binance Futures has announced that PROMPTUSDT perpetual contracts will be officially delisted on October 5 at 17:00 (UTC+8); KuCoin is even earlier, removing PROMPTUSDT perpetual contracts today at 15:00 (UTC+8), with new positions stopping 10 minutes in advance. Both platforms are acting almost on the same day.
My first reaction when I saw this was not "should I buy the dip?"
It was to pull my hands back first.
Because delisting contracts and delisting spot trading are not the same thing, you can't directly interpret it as the project being dead. But for a coin that relies on trading volume to survive, losing a few major perpetual markets has a very real impact: less leveraged capital, possibly worse market-making depth, and if someone dumps later, the price is more likely to be volatile.
What's more troublesome is that Binance clearly stated in the announcement that contract reviews consider trading volume, liquidity, network security, project development, and team responsiveness. They won't tell you exactly which criterion PROMPT failed, but being "removed" itself is definitely not a positive.
The biggest mistake I used to make was seeing a coin that had already dropped a lot and automatically thinking:
"It's already like this, how much lower can it go?"
The crypto world quickly answers you:
Bro, it can lose two more trading markets 😭As the National Day holiday approaches its end, market volatility is gradually heating up.
From a technical perspective, the daily chart is strengthening, and the 4-hour chart is continuously moving upward along the Bollinger middle band, with short-term bullish sentiment dominating. However, a key point cannot be ignored: the previous high of 87300 still hasn't been effectively broken.
The price has once again reached a resistance level, with no new upward space opened, and there is always the possibility of a pullback. Therefore, do not chase longs at the high; wait for a retracement to buy!
$BTC BTC: 86900–87400, short in batches, target 85500→84000
$ETH ETH: 2730–2770, short in batches, target 2700→2650 #The Federal Reserve and the European Central Bank will release the September meeting minutes $PUMP /USDT — Short Setup
Entry: 0.006436
Short Entry: 0.00643–0.00648
SL: 0.00662
TP1: 0.00630
TP2: 0.00615
TP3: 0.00595
Key Resistance: 0.00650–0.00660
Key Support: 0.00630 / 0.00615$ZEC Grayscale ZEC ETF (ZCSH) rose 60% in one month and 253% year-to-date. The shielded pool has locked 4.5 million coins, accounting for 25% of the circulating supply—more than a quarter is locked and can't be circulated. Plus, with the halving in November, the supply side is directly locked down.
But if you look at the 7-day candlestick: it dropped 15%. 30 days up 36%, 7 days down 15%. What does this mean? It means countless people were buried alive from positions above 1500 in the past week.Did nothing, just went to the restroom, and when I came back, the K-line had already done the work for me. This $ZAMA wave, I was totally stunned.
During the intraday bottom consolidation, there was repeated oscillation, and many people were watching cautiously. I kept an eye on the market and saw that the pullbacks always held steady, with buyers stepping in every time it dipped. I said at the time, this level won’t break down; going up is just a matter of time.
So what happened? Got in at 0.07905, sold at 0.08640, +185.7%. The timing was perfect, really comfortable, brothers. The earlier part was really dragging, but the outcome is truly sweet.
Regarding position sizing: first closed 70%, pocketed the main profit. Moved the stop loss of the remaining 30% to the cost price, so if it surges, let the profits run; don’t give the gains back at the end.
Risk control done upfront is called being rational; cutting losses after losing is called decisive. Now is not the time to rush; wait for a more comfortable position in the next round, and I will notify immediately. Even if you only make one point, as long as you take it away, it’s yours; any floating profit beyond that belongs to the market.
$SOL $ZEC This round of market recovery cannot yet be defined as a trend reversal. There is still clear divergence on the capital side: BTC spot ETFs have seen capital inflows again, while ETH ETFs remain net outflows, indicating institutional capital preferences are not uniform. Therefore, what is more important now is not how much the price rose in a single day, but how much gains can be left after the pullback. If the pullback is limited and the lows keep rising, the quality of the rebound will gradually be verified. 🔹 $BEAT Current price is about 0.0916, about 5.2% up from the 24-hour low, but there is still some room to go before the previous high of 0.0938. Currently, market attention has shifted from "whether the decline will continue" to "how far the rebound can go." If it breaks through to 0.0938 and then quickly pulls back, it indicates buying interest remains weak; Only a breakout after a high-volume breakout and a pullback can hold the line, which is more favorable for continuing the uptrend. 🔹 $SOL Currently back near 123, up about 2.4% over the past week, with an overall moderate pace. I remain cautious and slightly bullish on SOL, but currently see no obvious signs of acceleration. If the subsequent pullback is small and the price continues to rise, the bullish strength will become increasingly clear. At this stage, there is no need to rush to set overly high targets; first observe whether the 124–126 area can be broken step by step. 🔹 $LINK Currently back near 14.35, but still down about 2.1% over the past 7 days, so short-term outlook remains conservative. This rebound first requires regaining lost ground. IfThe rebound has not changed the consolidation; caution is still needed when chasing highs
This week, the crypto market remains in a phase of intertwined recovery and consolidation. BTC closed positive on the daily chart, rising back to around $85,261, entering a correction range after the previous sharp drop. RSI6 rose to 69.54, approaching overbought territory, while MACD remains negative, indicating rebound momentum exists but the trend has not truly reversed. Resistance is noted at the previous high of 87,239, with support at 84,000 and 82,500; ETF capital inflows provide a floor, but daily indicators already signal a risk of pullback.
ETH passively rebounded along with BTC, quoted at $2,698, with RSI at 59.57 in neutral territory and MACD also negative. Lacking independent catalysts, its strength is weaker than BTC, with resistance at 2,777 and support at 2,633, making an independent short-term rally unlikely. ZEC remains in a daily downtrend, quoted at $1,327, with RSI6 only at 36.96; although it has slightly recovered from lows, the bearish pattern remains unchanged; resistance lies between 1,380 and 1,440, support at 1,270, and the rebound depends more on the overall market, representing an oversold recovery.
Overall, BTC’s recovery is approaching a resistance zone with a possibility of a pullback; ETH’s correlation is weak; ZEC is merely an oversold rebound. The consolidation range has not yet been broken, so chasing highs is not advisable; risk control should be prioritized. This market review does not constitute investment advice.
$BTC $ETH $ZEC
#美联储与欧洲央行将公布9月会议纪要
#BTC现货ETF重回流入，ETH资金持续流出
#交易之声：你的经验值得被听到 Slashing is not a daily income fluctuation but a disciplinary mechanism.
Validators who miss attestations will earn fewer rewards and face minor penalties; this is a normal operational cost. Slashing targets provable conflicting behaviors, such as proposing contradictory blocks at the same height or making mutually conflicting attestations. It not only deducts part of the stake but may also forcibly eject validators, using economic costs to prevent participants from supporting two mutually exclusive histories simultaneously.
The slashing amount considers the scale of other offenders during the same period, as coordinated behavior by many validators poses a greater threat to consensus. This shows that shared infrastructure not only brings downtime correlation but may also amplify penalty correlation. Entrusting a large amount of $ETH to the same set of key management and failover systems smooths returns but may concentrate tail losses.
If staking products only show annualized returns without explaining the order of slashing liability, users find it difficult to assess the real risk. It is necessary to clarify whether the operator provides insurance, what the insurance covers, whether the compensation funds are sufficient, and who is responsible for human configuration errors. Slashing is not an exaggerated term for daily minor fluctuations but the core discipline that makes honest validation the rational choice on Ethereum.$MEGA short and hold long term
It has been declining since issuance
I just don't believe it can rise again
Add to position when it rallies
#美联储与欧洲央行将公布9月会议纪要
#BTC现货ETF重回流入，ETH资金持续流出
#贝森特：美债收益率上升符合全球趋势 Buying BTC in October can make money? Is it going to show its magic again this time?
Once October arrives, the phrase "up month" starts to appear again.
Someone has counted the previous 13 Octobers, and BTC closed higher 10 times, with a median monthly gain of 12.73%. But in October 2025, BTC fell 3.69%, marking the first October decline since 2018.
This set of historical data does look good, but 10 times of gains is not a guarantee for this year. No one can guarantee no surprises.
Especially, don’t directly interpret historical monthly returns as a continuous rise after buying at the beginning of the month. Even if the month ends higher, there could have been tough drawdowns in between. How you operate specifically will affect the final returns.
History can be used for research, but don’t use it to calculate your account’s returns.
October’s historical performance is indeed impressive, but if you bought high, you still have to wait to slowly break even. $BTC #美参议院提出新加密税收法案ADAPT $BTC $ETH $ZEC ETF Fund Flow Analysis!
BTC has seen a slight overall net inflow recently. After the sharp drop in non-farm payrolls, institutions not only did not massively exit but actually stabilized their positions, which is an important underlying support for this rebound. However, it should be noted that the single-day inflow scale has significantly contracted compared to the previous hot phase, with no large continuous accumulation.
ETH fund performance is noticeably weaker than BTC, showing small net outflows over multiple days, with minor ins and outs and back-and-forth switching. Institutions are cautious and have not made sustained large-scale deployments. This is the core reason why ETH's rebound has consistently underperformed BTC. Without strong positive catalysts, it can only passively follow BTC.
ZEC currently has no corresponding ETF, so there is no fund inflow or outflow data. The market is entirely driven by retail investors and contract funds in the secondary market, with no institutional backing. Its rise depends on narrative speculation, while its decline lacks support, resulting in volatility and drawdowns far greater than BTC and ETH.
Conclusion:
BTC has ETF inflow support; ETH funds are cautious and weak; ZEC is purely speculative without backing. Current funds are in a phase of repair and inflow, not a frenzy of entry.
#BTC现货ETF重回流入，ETH资金持续流出 DOGE is becoming one of the most stable-positioned tokens within the U.S. regulatory framework. The CFTC classifies it as a commodity, and the SEC has similarly categorized it as a digital commodity in related statements. Both major regulatory agencies have given a consistent classification—something quite rare in the token world. With clear classification, channels dare to open up.
The direct result of the commodity status landing is the expansion of compliant derivatives channels. Coinbase Derivatives, registered with the CFTC as a futures exchange, has launched DOGE futures. Licensed brokers like Webull have subsequently connected, allowing ordinary investors to access DOGE derivatives in a regulated environment without detouring through offshore platforms. From spot ETFs listing to futures market launch, every step DOGE takes stays within the regulatory boundaries.
The significance of compliant channels lies in the nature of the funds. Money in brokerage accounts and retirement accounts will not touch gray areas; only when asset identity is clear and trading venues are licensed will this volume enter the market. DOGE now happens to stand within this threshold: it has regulatory classification, registered exchanges, and distribution by mainstream brokers—these three elements form a complete compliance chain.
Most tokens are still waiting for answers amid disputes over securities versus commodities, but $DOGE has already obtained a pass. Regulatory clarity may not directly change the price, but it determines who is qualified to stay at the table in the U.S. market—this threshold, DOGE crosses more confidently than the vast majority of its peers.Still thinking BTC will directly surge to 90,000 in one go?
Brothers, open the daily chart and take a good look. How much short-term trapped positions have piled up at the high point of 87,300 above, have you thought about it?
First, this round pulled up from 62,227 and rose quickly all the way. Many people chased in around 87,000. Now the price is stuck oscillating near 86,800. Every time it approaches the previous high, selling pressure comes down. The main force won’t be so kind as to directly push it up to free those who chased high earlier. If it rises, the trapped retail investors will choose to close positions and exit, handing chips to the main force. The main force won’t willingly take on this selling pressure. So now it’s just oscillating back and forth, bulls and bears sweeping each other, eating up high-leverage orders on both sides, harvesting liquidity.
Second, looking at indicators, RSI is already in a high range, and the momentum to continue pushing higher has weakened. Although the long-term moving averages are upward and the bull market structure hasn’t changed, it doesn’t mean you can blindly chase longs in the short term. In a bull market, the time spent in consolidation and shakeouts often wears people out more than the rise itself.
Current price is 86,818. My thinking: if it continues to surge close to the previous high, I will reduce positions in batches. Friends who want to chase longs, don’t rush in; wait for a pullback and stabilization before considering. Those who think there will be a big drop, don’t short heavily either; the big trend is still within a bullish framework. Both bulls and bears have to gamble with real money on the market; pure talk without real positions actually has little reference value.My SOL short take-profit is still at $60, but as the price climbs back to around $120, this target increasingly feels like a tough fight against the market. From a technical perspective, SOL still hasn't seen a truly large-scale bearish turn. The short-term and medium-to-long-term moving averages are still below the price, with the trend structure leaning toward bulls. The most important area right now is the $116–117 range. If it falls, the first thing to watch is the strong support at $112–113. In other words, to fall from $121 all the way to $60, it's not just a brief drop—you'd need to break through several key defense zones in succession. Although the MACD has shown momentum decline, it still feels more like a cooling after high consolidation, and hasn't formed a clear bearish trend yet. Fundamentals are also not very supportive of my short position. In the latest week, US spot SOL ETF inflows cooled significantly, recording only about $2.4M, down nearly 99% from the previous week's strong inflow of about $188M. However, looking at the longer cycle, institutional funds have not fully withdrawn, and cumulative net inflows into SOL ETFs since 2026 remain at a relatively high level. Additionally, the Solana ecosystem has seen new institutional adoption and stablecoin-related developments, and market expectations for its long-term fundamentals have not significantly collapsed. Recent analyses generally still view $114–117 as an important area to maintain an upward structure, while $124–125 is a short-term breakout neededDogecoin has been a "joke" for eleven years, but this time it seems serious. The DogeOS public testnet launched in October, giving DOGE its first EVM-compatible layer. Developers can now build DeFi, gaming, and payment applications on Dogecoin's base. For an old chain born in 2013 with sparse code updates, this is a breakthrough in terms of ecosystem significance.
Previously, DOGE was positioned mainly for tipping and payments, with no smart contracts on-chain, leaving developers with nowhere to build, and community enthusiasm limited to price discussions. DogeOS integrates the EVM environment, allowing Solidity developers to deploy contracts without learning a new language, and Ethereum applications can be migrated at low cost. Dogecoin's "fame and community" card finally has a matching table.
Of course, the testnet is just the starting point. The code has not undergone long-term testing, so performance and security need mainnet validation; the ecosystem's cold start requires developers to enter first, followed by users—missing any link will cause stagnation. Whether $DOGE can convert traffic into an ecosystem will be seen in the coming quarters. But the direction has changed: it no longer wants to be a coin merely watched by spectators but aims to become a chain capable of running applications.$BTC spot ETF ended a continuous 9-day net inflow totaling about 3.1 billion USD on September 30, with an outflow of 149 million on that day. But on October 1, it immediately returned with 103 million, and on the 2nd added another 31.7 million, regaining momentum within two days.
$ETH hasn't been so lucky. Starting September 29, it experienced four consecutive days of net outflows, with another 17.3 million leaving on October 2, totaling about 135 million outflow over four days.
Previously, BTC and ETH almost synchronized in capital inflows and outflows, but now they have completely diverged. The reason is simple: institutions prioritize cutting high-beta, low-liquidity positions like ETH first during macro uncertainty. Quarter-end portfolio adjustments are also a factor, but after adjustments, ETH funds did not return while BTC funds did.
$BTC is now hovering around 83,000, with ETF buying still present but less intense than last week. ETH funds are withdrawing, and the price is fluctuating around 2,600. If this divergence in capital flow continues, it will be more difficult for ETH to keep pace with BTC. #BTC现货ETF重回流入，ETH资金持续流出 Today, BTC rose to around 86,500. The conclusion at the beginning of the video is very clear: the current position is no longer suitable for short selling, the strategy is shifting toward bullishness, and going long can be considered. BTC: Wave 52 is very likely over. This round of correction starting around 87,400 has generally formed an ABC pattern; Combined with the current upward trend, the video judges that this short-term C is most likely over. In other words, the 52nd wave within the fifth wave may eventually complete the adjustment as a plateau ABC. If this judgment holds, the next most important step is the start of the 53rd wave within the fifth wave. If the upward breakout continues in the next day or two, the upper target will start directly toward around 90K, so the current position no longer favors contra-trend short selling. The 11–12-day time period becomes an important basis Today, a very important judgment comes from the time cycle. Previously, after BTC rose from around 57K, the key correction lasted about 12 days, followed by the main third wave of the uptrend; The next round of consolidation also lasted about 12 days, then rose again. Currently, the 52-wave correction within the fifth wave has been running for about 11–12 days. From the perspective of time symmetry, this does have the conditions to become the end point of the 52-wave period. If the 52-wave confirms the end, the subsequent levels will be 53→ 54→ 55, and the fifth wave will continue to extend upward. Trading Approach: Shifting from "Preventing Pullbacks" to "Preventing Short Steps" Therefore, today's strategy has clearly changed compared to previous periods: no longer considering shorting → leaning toward going long→ using low-risk shorts$ZEC Ogawa still remains bearish on this trash coin ZEC.
The market snapshot at 00:24 UTC on October 5 shows that although ZEC rebounded about 3.17% in 24 hours, it still dropped about 14.69% in the past 7 days; during the same period, about $2.4 million worth of contract positions were liquidated, of which about $1.98 million were shorts. This short covering can push up the short-term price but does not yet prove a trend reversal. Looking at the capital side, Grayscale's ZCSH had a net outflow of $93.56 million last week, marking the fund's first weekly net outflow since the end of August. Ogawa remains bearish for now, unless both price recovery and capital flow improve simultaneously.There has been a very large quarterly reversal in US spot BTC-ETF funds. Q3 recorded a net inflow of $6.34 billion, compared to a net outflow of about $5 billion in Q2, with fund swings exceeding $11 billion, clearly showing institutional funds returning to the market.
However, it is still too early to call a major bull market. Although a total of $2.65 billion flowed in during September, there was a net outflow of $149 million on the last trading day of the quarter, indicating that institutional funds are not blindly entering continuously and internal disagreements have already emerged.
The most important observation point for Q4 is just one: whether this $6.34 billion is the start of a new round of long-term incremental funds, or a peak of institutional phased entry after the Q3 rally. Subsequent daily and weekly ETF flow data will be a very critical indicator for judging the market trend.🔥 Currently, the key is to guard against false breakouts driven by bullish traps, rather than simple declines.
$BTC is consolidating near 84600, $ETH is oscillating around 2678. The market volume is insufficient and the order book is thin, so small capital can cause sharp market fluctuations.
BTC's heat is cooling off, ETH's rebound lacks volume support, making it difficult for a slight rise to attract follow-up buying, and the support during declines is also weak.
$SOL is highly volatile; it surges strongly when the market is bullish and retreats faster when the market weakens.
A one-sided market requires confirmation from price, volume, and capital resonance, but the market has not yet given a clear signal. There is no need to rush into the market; missing out is better than blindly betting. Look for volume expansion on the upside and support on the downside. #BTC现货ETF重回流入，ETH资金持续流出
⚠️ Personal review only, not trading adviceEvery October, market discussions about the "Bitcoin October rally" clearly heat up. Historical data from the past decade shows BTC closes mostly higher in October, with long-term statistics biased toward bulls, so many traders consider October a relatively noteworthy month of the year. But historical patterns are ultimately just probabilities, not a guaranteed profit formula. It is especially worth noting that the monthly chart ultimately closing higher does not mean the price will keep rising. Past strong Octobers also saw rapid pullbacks, false breakouts, and high-level fluctuations. If you chased the high at the beginning of the month and bought in midway but encountered a 10% or deeper correction midway, your account experience could be completely different from the final monthly chart result. This year's market environment is even more complex than simply seasonality. BTC has already experienced a clear rebound, and the market is currently focusing on support near $84,000 and pressure in the $85,000–$87,000 range. Meanwhile, institutional ETF funds still provide some support, but the recent single-day inflows are no longer as strong as before, indicating that buying still exists but there hasn't been sustained explosive capital growth. So, what truly deserves attention in October is not "how many times it has risen historically," but rather: 📌 can BTC hold around $84,000? 📌 Can it hold above $85,000 again and attempt a breakout toward $87,000? 📌 Will ETF funds see a return to continuous net inflows? 📌 Will macro interest rates and U.S. Treasury yields re-add risk?BTC Institutional Funds Cooling Down
🚨 Institutional buying is cooling off, and BTC's rise lacks "relay funds"!
Last week, BTC spot ETFs attracted about $2.39 billion, but inflows this week sharply dropped to about $83 million, showing a clear slowdown in institutional chasing.
ETH is weaker, with net outflows of about $118 million over three consecutive days; SOL also saw slight fund withdrawals.
Although $BTC has returned above $85,000, breaking through and holding above $87,200 still requires large ETF funds to step in again. Otherwise, short-term is more likely to maintain high-level oscillation.
In short: prices are rising, but funds are not keeping up. $BTC $ETH $SOL #BTCSpotETF #ETFFundFlows #CryptoMarket
Add a brief risk disclaimer
Clarify ETF flow comparison periods
Make the market outlook more balanced $BTC long positions with 10x leverage are still open, and after the price surged to $86,800, patience in holding positions is being tested.
No change in position size. BTC is currently at $86,801, having rallied from around $85,300 within a few hours. Now we watch if the buying pressure can hold the high ground.
According to the current market conditions, the 1-hour EMA20 is about $85,686, and RSI has risen to 89. The trend is very strong, but the short-term is overheated. The recent full 1-hour candle closed at $86,611; if it holds above $86,400, then watch for $87,000-$87,400.
Perpetual contract open interest has increased by 4.9% compared to about 23 hours ago, with price and open interest rising together, indicating new funds entering the market. Funding rates are rising simultaneously; if the price stays at $86,800 but open interest continues to increase, the chasing buyers might withdraw first.
Among OKX smart money, 17 are long and 16 are short, with shorts accounting for 52.5% of the amount. Total open interest increased by about $3.56 million in the past 24 hours; shorts have not retreated, yet the price is rising. The 1-hour candle closed above $86,850, so there is still short squeeze potential.
Hyperliquid large accounts have BTC short positions about 1.6 times the longs; if the market moves higher, these shorts will continue to be under pressure. The SEC's approval of triple BTC futures ETFs may cause greater intraday volatility ahead.
I am watching $86,400 first. If it holds, then look at $87,000-$87,400; if the 1-hour candle falls back below $86,000, prepare for a pullback after the rally—don't let your chicken leg meal turn back into tuition fees.The regulatory benefits for privacy coins may be coming to an end
$ZEC stolen funds entered the privacy pool, untraceable on-chain.
Previously, it was praised for balancing privacy and compliance.
The rule literally states:
The privacy pool does not record sources; anyone can deposit.
But once dirty money enters, it can no longer be distinguished.
Common misunderstanding:
Institutions withdrawing is not because they fear a price drop.
It's because they fear becoming downstream of that money.
ZCSH outflowed 60 million USD in a few days.
The scale dropped from 1 billion to 818 million.
Working backward, that's nearly a 20% decrease.
Privacy and compliance are fundamentally different things.
Forcing them together means the first to collapse when trouble hits is the valuation.
Those 3.9 million coins in the privacy pool—who holds them now?
#ZEC现货ETF连续3日流出，NU7升级临近
#SEC加密资产托管新规，拟放宽机构自托管限制 #美参议院提出新加密税收法案ADAPT $ZEC After the non-farm payrolls cooled off, the referee switched to ISM: BTC 86.6K approaching the magnetic attraction zone waiting for the final decision
Conclusion first: The non-farm payrolls surprised on the downside (29,000 new jobs in September vs. expected 90,000), pushing the October rate hike expectations from around 70% down to about 20%. BTC did not take this opportunity to rally wildly but steadily moved upward — over the weekend it rose from the 85K level to 86,600, just one step away from the liquidation magnetic attraction zone at 87.2–87.3K. The market's referee power has been handed over: tonight's release of the September ISM Services PMI (market expectation 55.7) and August's price paid index at a high 72.6 — the stickiness of service sector inflation is the last stronghold for the hawks. Before the data lands, bulls are waiting at the door of the magnetic attraction zone for the whistle.
What happened (OKX data, retrieved 10-05 09:00):
- Position: 1H current price 86,610, MA20 85,529, MA50 85,040, price standing above both short-term moving averages; 4H MA20 85,189, MA50 84,362, moving averages in bullish alignment; cycle high 87,239 (10-02)
- Employment side cooled off: September non-farm added 29,000 jobs (expected 90,000), unemployment rate 4.2%; October rate hike probability dropped from around 70% to about 20%
- Inflation side still uncertain: August ISM Services Price Paid Index 72.6, at a high level; Fed officials say "inflation concerns are more important than labor" — tonight's service sector inflation sub-index will decide if rate hike expectations can be completely extinguished
- Bear fuel: About $50 million short positions were forcibly liquidated before the non-farm release; the closer the price gets to 87.3K, the thicker the short positions above
- Institutional side: SEC approved last Friday Cboe BZX's six triple-leveraged crypto ETPs (tracking BTC/ETH futures); US spot BTC ETF net inflow about $100 million on October 1
- Sentiment: Fear & Greed Index 65 (Greed); ETH 2,704, SOL 121.28, ADA and DOGE led gains over the weekend, speculative funds probing low-priced coins
Positions:
- 87.2–87.3K: previous highs + liquidation magnetic attraction zone, the bears' last stronghold; magnetic attraction realization triggers a short squeeze climax and is also the easiest place to get trapped chasing highs
- 86K level: near 1H MA20, first short-term support; holding here establishes an upward attack structure
- 85K level: former long-short dividing line, now a pullback zone; 4H MA20 (85,189) and MA50 (84,362) provide double-layer support
- Below 84K: if broken, look for 82–83K
Trading plan:
- Long: hold above 86K (1H pullback to MA20 without breaking) → go long; stop loss below 85.2K; target 87K → exit at 87.2–87.3K magnetic attraction zone, no fighting to hold
- Short: only consider 87.3–88K false breakout / stagnation → light short test; stop loss above 88.5K; target 86K
- Event-driven: if tonight's ISM Price Paid Index remains high (inflation stickiness) → bearish bias; if it falls → rate hike expectations extinguished, bullish bias
- No trade: no chasing orders between 86–87.3K, the closer to the magnetic attraction zone, the lower the cost-effectiveness of chasing highs; do not chase the first wave at data release, slippage and two-way sweeps are normal
- Risk control: reduce position by half at the start of data week; 87.3K is magnetic attraction, not a promise, reversal can happen anytime after short squeeze climax; no overnight heavy positions before event releaseOctober 5 daytime operations
$BTC
1. Aggressive top retest near 86800 and above; steady retest near 87300 and above for shorting injections. Speculative profit-taking and stop-loss to capture volatility money.
2. Mid-level long-short watershed around 85900; direction reference for possible trades.
3. Bottom support near 85400 and below, 85000 and below; quick drops favor longs, slow drops suggest delaying and reducing positions.
4. $ETH likely to oscillate around 2737-2705 during the day; quick rises and falls allow for long or short. Hold above that area to follow the trend. Use 272 as a midpoint to gauge direction and potential acceleration.Originally wanted to cut losses to appease the heavens, but the heavens weren't appeased, and the meat cooked itself. During the repeated oscillations in the market, $SUI was grinding around 1.1875, grinding so much it made me question life. But funds quietly entered, the bottom support was rock solid, and I knew this was just before dawn.
Sure enough, just now I glanced over, current price 1.2360, +203.78% in hand. This piece of meat was satisfying to eat, the endurance was not in vain. The earlier hesitation was real, but the outcome is truly sweet.
In terms of operation, take profit on 75% first to secure gains; protect the remaining 25% at cost and let it run. Being out of position is not a sin, recklessly opening positions is the mistake.
Now is not the time to chase, wait for a more suitable position in the next round. Opportunities remain, no need to rush. Money earned is the realization of knowledge, money lost is the flaw in understanding.
$LAB $BNB From QUANT launch to the F1 trading competition, platform competition has entered the "comprehensive infrastructure" stage
Recently, OKX has been very active, revealing three trend lines:
First, asset side accelerates multi-chain and institutionalization. The launch of QUANT perpetual contracts, along with listing Base and Solana spot addresses, shows the platform no longer just chases hot topics but leans towards assets with real financial infrastructure narratives, advancing multi-chain deployment simultaneously.
Second, trust infrastructure continues to be strengthened. The 47th reserve proof was released, continuing monthly transparency to reinforce users' confidence in asset security; meanwhile, the "OKX Secure Shield" account security system went live, meaning security has upgraded from technical defense to productized protection, becoming a core competitive advantage of the platform.
Third, globalization and ecosystem operations advance in parallel. The Singapore #OKXNow and Token2049 on-site presence demonstrate its ongoing bet on the Asian market and developer ecosystem; Boost launched the TRUMP trading competition, where the champion can win Singapore F1 VIP tickets, a private box viewing, and a 3-night stay at the Mandarin Oriental, linking trading activity with rare offline experiences to activate user participation.
Top platforms' competition has shifted from fees and single products to comprehensive strength in "assets + security + compliance + ecosystem." In the short term, new assets and trading competitions will bring localized heat; in the medium to long term, reserve transparency, account security, and institutional cooperation are the fundamental supports for capital retention. The trend is that platforms are evolving from trading venues into infrastructure connecting traditional finance and Web3. Whoever can close the loop of trust and ecosystem will gain an advantage in the next cycle.$BTC $ETH $ZEC New week start, BTC directly breaks last week's consolidation pattern, strongly breaking through the key resistance at 85000, currently holding steady at 86400, short-term bullish trend fully opened.
1. Current core market changes
Previously 85000 was a strong resistance level, now after successfully breaking through, resistance turns into support
- Short-term core support: 85000
As long as it does not effectively fall back to this position, the bullish structure will not be broken
- Short-term first resistance: 87500-88000
This is a concentrated profit-taking selling pressure area in the short term, there will be repeated shakeouts
At the 90000 level, there is a large accumulation of take-profit orders and options pressure, making a one-time breakthrough extremely difficult
2. Can it break 90000? Look at two core conditions
1. Continuous follow-up of incremental funds
This rally is currently driven more by contract sentiment; to hold steady and push higher, it must be accompanied by ETF fund inflows, otherwise it is likely a false breakout with a high followed by a fall.
2. Hold the 85000 support without retesting and breaking it
A strong market feature: after breaking resistance, a retest without breaking, then a second upward attack. If it quickly falls below 85000, this rally will end in stages, and the 90000 rally will be delayed.
3. Brief trading ideas
✅ Holders: Hold relying on 85000, reduce positions and take profits on rallies, don’t be greedy to take full positions
✅ Non-holders: Do not chase high, wait for a dip to support for low entry opportunities
❌ Strictly avoid heavy positions chasing highs or all-in betting on one side
Overall summary:
Brothers, the big trend this week is a strong oscillating upward, is 90000 still far away? Regarding tax filing, I had a bad experience last year.
I received the 1099-DA form, but the cost basis was blank. I thought I didn't need to worry about it, but I ended up having to calculate each transaction myself.
This year, the IRS set the extended deadline to October 15. Note, this is only an extension for filing taxes, not for paying them.
The taxes owed were due in April.
In short, this form does not mean your calculations are done for you.
The data from brokers may lack cost basis, so you still have to verify gains and losses yourself.
Last year, I only reviewed my records in the last week and almost missed two transactions.
The lesson is simple: don’t wait until three days before the deadline to start.
There is still time before October 15, so first export your transaction records and cross-check them.
This issue doesn’t directly affect the market, but around this time every year, some people are forced to sell coins to pay taxes.
If you want to watch closely later, see if there is concentrated selling pressure before mid-October.
#美参议院提出新加密税收法案ADAPT
#SEC加密资产托管新规，拟放宽机构自托管限制 #BTC现货ETF重回流入，ETH资金持续流出 $ZEC $XRP XRP is currently around $1.50 to $1.52, with a 24-hour high of about $1.52, oscillating and recovering in the short term within the $1.485 to $1.52 range. In the medium term, after reaching a high of $1.66 on September 23, it has pulled back, with obvious resistance around $1.55 to $1.60, and volume has yet to confirm a breakout. Key resistance above is $1.54 to $1.60; only a volume-backed recovery can challenge $1.70. Support below is first seen at $1.485 to $1.49; if broken, it may retest $1.46 to $1.45. The current trend is a high-level oscillating recovery; in the short term, it is better to observe whether $1.485 can hold, and chasing highs should be done cautiously. 🔥Morning Market Watch | Nonfarm Payrolls Released, Market Doubts Increase
Current employment data is acceptable, but expectations for rate cuts remain uncertain; U.S. Treasury yields stay high, risk assets continue to face pressure, and crypto inflows are questionable.
$BTC ETF inflows last week were only $80 million, far below the over $2 billion the previous week, showing cooling interest, but funds have not fled on a large scale. Under high interest rates, BTC lacks momentum to rally.
$ETH saw net outflows exceeding $100 million this week, following BTC’s trend; maintaining stability without weakness is already positive.
$ZEC is no longer a small altcoin. Grayscale’s ETF launched at the end of August has accumulated over $200 million in inflows, with a large amount of tokens locked up; the NU7 upgrade is approaching, significantly shortening block times, and technical iteration continues.
Currently, funds rotate back and forth; without a clear turning point in U.S. Treasury yields, it’s difficult for a sustained major market move to occur. #BTC现货ETF重回流入，ETH资金持续流出
⚠️Market observation only, not investment advice The IMF allocated $138 million to El Salvador and waived previous deviations in BTC accumulation, marking a new shift in Bitcoin policy
The International Monetary Fund (IMF) has completed its review of El Salvador's loan project, approving an immediate grant of approximately $138 million, and granting exemptions for previous Bitcoin accumulation targets that have not fully met the target.
This event is significant for the BTC market not just as a round of financial support, but more importantly as a signal: traditional financial institutions are shifting from "limiting crypto risks" to "accepting crypto assets under a strengthened regulatory framework."
However, it should be noted that the IMF does not fully support El Salvador's continued BTC purchases. According to the agreement, El Salvador will not continue to proactively increase BTC holdings beyond the prescribed limits, focusing instead on improving transparency and regulation of crypto assets.
Market impact can be viewed in three layers:
First, short-term sentiment is positive. The IMF did not directly reject financing plans due to BTC policies, reducing market concerns about "countries facing international pressure on BTC holdings";
Second, the medium- to long-term significance is greater. The El Salvador case shows that BTC is gradually entering the scope of national asset allocation and financial regulation discussions;
Third, policy signals remain cautious. Traditional institutions accept "compliant BTC" rather than unlimited government expansion of holdings.
From a trading perspective, such news is more of an emotional catalyst; what truly drives BTC rallies are ETF fund flows, dollar liquidity, and changes in US Treasury yields.
Personal opinion: The greatest value of the El Salvador event is not how much BTC needs to increaseCome on, be honest with me, did you get scared off? Did this round of pullback scare you away? How can someone with your level hold onto a position? If you can't hold a position, how can you make big money?
ETH has fallen from around 2800 to about 2690 now, oscillating between 2680 and 2720, with the range narrowing. Is this a pullback? This is the buildup before takeoff. If you look at the 15-minute candlestick chart closely, of course, it feels like the sky is falling.
Look at what the big money is doing when you’re getting scared off. Ethereum spot ETFs had a net inflow of $185 million in one day; BlackRock alone bought 34,688 ETH, holding over 810,000 ETH. In the past 24 hours, exchanges saw a net outflow of 59,400 ETH, with coins moving to cold wallets, visibly easing selling pressure. While you panic sell, institutions quietly accumulate.
Now look at the structure. Breaking below 2574 triggers long liquidation of 497 million; but breaking above 2815 triggers short liquidation of nearly 500 million as well. The key is that the upper liquidation zone is closer to the current price. Once the price moves up, the fuel for a short squeeze comes earlier and stronger than the pressure from long liquidations. At this position, the downside space is limited, but the upside potential is unlimited.
Cost is around 2665, with a clear defense level. The structure is intact, the trend is unbroken, the capital flow is improving, and the liquidation structure favors the bulls. If you get scared out by a small bearish candle, people who can’t hold positions will never make big money.Bitcoin is now around 87,000. That voice in your head comes back: "It rose from 84,000 to 87,000, is it worth chasing?"
First, answer four questions:
1. How much fuel is left for the shorts? 648 million shorts have been liquidated in one round. But open interest remains near a historical high of $28.8 billion. If the price continues to rise, second and third waves of liquidations could be triggered at any time. But if the price falls back, those long positions chased at 86,000 and 87,000 will be the next batch of fuel.
2. The wall at 85,000 has been eaten, but what is above 87,000? Bitwise's cost basis data provides a clear ladder: $90,000 is the short-term holder cost plus 1.5 standard deviations, $95,000 is two standard deviations. In its historical data, Bitcoin only traded above these two thresholds on about 3.8% and 1.7% of days respectively. From 87,000 to 90,000, there is only 3.4% room.
3. What was left after the 82,900 options expired? 30,500 BTC options expired at the maximum pain point of $82,000. This means a large number of option positions were settled near 82,000. After settlement, market makers need to readjust their delta hedging positions. The direction of this adjustment depends on which side of 82,000 the price is on. Now that the price is at 87,000, market makers need to buy spot to hedge. This could be one of the "hidden forces" behind the rally. $BTC $ETH $SOL #FederalReserve$ADA keeps getting stronger, so why focus more on the support?
$ADA is up 9.52% in the last 24 hours, currently priced at 0.2668. The 1-hour and 4-hour RSI are 85 and 83 respectively. The strength is real, and the crowding is real too. The question is not whether it can continue to rise, but who is willing to catch it on the first pullback.
Price levels are more honest than adjectives. The current price is about 9.22% above the 1-hour support at 0.2422 and about 0.64% below the resistance at 0.2685. Putting these two distances together helps to see which side requires more evidence. Looking only at the price change can easily mistake the space already traveled as if it hasn't started yet.
The current 1-hour volume is about 0.95 times the average volume of the previous 20 bars, with activity still near normal. This means key levels need confirmation through continuity: touching, crossing, and holding are three different things and cannot be replaced by a single moment.
It’s easier to understand this market move as an equipment acceptance test: running without load doesn’t count as completion; stability under boundary conditions gives weight to the conclusion. Let the key levels give results first, then talk about direction more honestly. Do you think this is a normal overheating of a strong trend, or has the risk already run ahead of the space? The market is volatile; the above is only an observation of the market and does not constitute investment advice. This is Crypto Bull speaking.$ZEC surged then pulled back, my short position is still holding for now 👊
ZEC touched 1368 today then dropped back to 1349, up 2% in 24 hours. MACD shows a bearish crossover downward, RSI6 is hovering around 50, and the upper Bollinger band at 1364 is pressing down on the price, indicating a clear sign of a pullback after the surge.
The short I opened at 1316 yesterday is still open. I was betting on a weak rebound, but it surged again today. Currently, it's a slight floating loss but still manageable. 1368 is the high point of this wave; as long as it doesn't break this level, the short position still has a chance. The Zcash NU7 upgrade introduces privacy features, which is a positive news factor, so there might be some short-term fluctuations.
I'll hold for now, stop loss if it breaks 1368, and reduce position if it falls back near 1320.
Brothers, do you have ZEC short positions? Is this rebound over? Let's discuss in the comments.🙈#ZEC跻身前十，机构化进程提速 #ZEC机构资金入场，高位杠杆开始出清 #ZEC再创新高，估值重估受关注 $SNDK closed at $1719.99 on October 2, down about 27% from the June high of $2354, marking the first quarterly decline in Q3, with a weak short-term rebound. Key resistance above is between $1775 and $1800; only a volume-backed recovery can offer a chance to retest $1900. Support below is first seen between $1700 and $1710; breaking this may lead to a retest of $1650. Mid-term is supported by AI storage demand, but profit growth is slowing and valuation is relatively high, indicating a trend of high-level oscillation and correction. In the short term, it is better to observe whether $1700 can hold; chasing highs requires caution.Regarding $BNB, I want to first ask a somewhat uncomfortable question: Are we seeing a trend now, or a trend that has already been prematurely priced in?
Both the 1-hour and 4-hour charts are strong, with RSI reaching 81 and 81 respectively. The strength hasn't disappeared, but the sentiment is already crowded; at this point, what's truly important is not guessing the peak, but seeing if the high-level support can quickly recover any pullback.
Current price is 797.21, about 1.89% away from the 1-hour support at 782.15, and about 0.09% from resistance at 797.89. Here, what’s lacking is not directional speculation, but the sustainability after the price truly breaks through these boundaries.
The higher $BNB rises, the more people fear missing out, but what’s really missing at the highs is not heat, but support during pullbacks.
For now, my conclusion is only written as conditional statements. My observation line is clear: only by standing back above and holding 797.89 can the short-term initiative be considered regained; if it breaks below 782.15, attention should shift to the 4-hour support at 760.35. If pressure continues above, the 4-hour resistance at 797.89 is just a distant reference for now, not a preset target.
To continuously track this phase, just remember 797.89 and 782.15. I will return in the next round to check if the market has overturned this judgment.
Will the first obvious pullback find buyers, or will it become an exit point for crowded trades?
The market is volatile; the above is only a market observation and does not constitute investment advice. This is from Coin Circle NiuNiu.$ETH ETH is currently around $2724 to $2730, with a 24-hour high of about $2739. It has rebounded in the short term in sync with BTC, but there is obvious resistance in the $2736 to $2740 range above. In the mid-term, after peaking and falling back since late September, the $2777 to $2825 range presents significant resistance, and volume has not yet confirmed a breakout in the past two days. Key resistance above is $2740 to $2777; only a volume-backed recovery can challenge the $2800 to $2825 range. Support below is first seen at $2686 to $2690; if broken, a retest of $2660 to $2670 is possible. The current trend is more of a volatile correction; in the short term, it is better to observe whether $2686 can hold and avoid chasing highs.$HYPE
The daily chart has been consolidating between 86.932 and 91.319 for almost a week.
86.932 is a key previous strong resistance level; breaking through it leads to new highs. Later, after breaking through, it reached a new high close to 98.
Currently, daily volume is declining and the direction is unclear. Still watching 91.319; if it breaks through again, it will be a new high.Solana$SOL: $121.35, 130 is just ahead
SOL is currently priced around $121.35, held below the $121.89 resistance. The next key resistance level is $122.71.
Institutional funds and retail traders are both bullish; Binance top traders' net long ratio is 65.7%, with active buy orders outnumbering sell orders by about 4:3, indicating organized accumulation rather than retail chasing blindly.
A breakout above $122.71 with a daily close above it targets $130 directly (Bollinger upper band at $129.94). If it falls below $120.47, a retest near $115 is possible.
Dogecoin$DOGE: $0.096, all moving averages "clustered"
DOGE is at $0.096. Interestingly, the 7-day, 20-day, 50-day, and 200-day moving averages all converge near $0.09, and the Bollinger Bands have narrowed to just $0.02 wide. Such extreme compression usually signals an imminent large volatility.
Whales hold 76.8% long positions, with a long-short ratio as high as 3.30:1. Retail long positions are also at 71.3%, both sides aligned. Analyst Ali Martinez points out that a daily close above $0.095 could open about 14% upside potential, targeting $0.106.
Break above 0.095 → target 0.10 → then 0.106; breaking below 0.09 invalidates the compression pattern. $BTC #美联储与欧洲央行将公布9月会议纪要 $UNI UNI is currently around $9.02 to $9.07, with a 24-hour high of about $9.12, consolidating in the short term between $8.98 and $9.12. In the medium term, after a surge in late September, it has pulled back, with obvious resistance around $9.10 to $9.32, and volume has yet to confirm a breakout. Key resistance above is from $9.12 to $9.32; only a volume-backed recovery will provide a chance to attack $9.60 to $9.80 again; support below is first seen at $8.95 to $8.98, and if broken, it may retest $8.70 to $8.75. The current trend is more of a volatile correction, and in the short term, it is better to observe whether $8.95 can hold, rather than chasing highs.Order Book Strength Ranking
5-minute median slippage, estimated based on order book, excluding fees
$CHIP buy slippage increases significantly with order size: slippage for buy orders equivalent to 10,000 and 100,000 USDT are 0.16% and 1.50%, respectively. Large order slippage is about 1.34 percentage points higher.
$FET buy slippage increases significantly with order size: slippage for buy orders equivalent to 10,000 and 100,000 USDT are 0.12% and 0.35%, respectively. Large order slippage is about 0.23 percentage points higher.Morning roundup
Another very real day, half fireworks and half abyss.
On the $HYPE side, the giant whale bulls firmly hold their ground, with 732 traders long, an average entry price of 78.62. Currently, there is a significant overall floating profit, with a profit ratio of 57.51%. The smart money direction is very clear. My 20x long position has earned dividends, with a bright +2422 on the books, a reward given by following the trend.
But looking at $BICO, it's a different story.
The nominal long-short ratio shows bulls dominating, with 241 giant whale bulls, but surprisingly, they are all losing, average entry price 0.02275, and the current price has dropped, trapping them collectively; my 8x long position went in early and is deeply trapped at -1332, a return rate of -485%, perfectly stepping into the trap of "looking like many bulls, but actually all bulls are buried."
This market really woke me up:
Don't just look at how many people are long, look at whether the longs are making money.
More people ≠ correct direction. A bunch of people crowding in to hold positions against the trend, no matter how many bulls, are just chips waiting to be cut.
Current thinking:
Keep the HYPE position with proper stop loss following the trend, don't greedily add positions;
No longer blindly average down on BICO, first observe if the giant whales show stop loss exit signals, recognize this is the cost of going against the trend.
The market never favors you just because many people stand with you, it only rewards those who stand on the right trend.
#美联储与欧洲央行将公布9月会议纪要
#BTC现货ETF重回流入，ETH资金持续流出
#贝森特：美债收益率上升符合全球趋势 Global Rare Sell-Off Storm
Driven by multiple factors including rising inflation expectations due to Middle East geopolitical conflicts and strong U.S. economic data dampening rate cut hopes, the global bond market has plunged into a rare sell-off storm. Long-term government bond yields in many countries across Europe and the U.S. have risen to multi-decade highs, with signs of liquidity drying up in the market.
Core Market Performance
The U.S. 10-year Treasury yield briefly rose to 5.34% intraday, the highest level since 2002, recording the largest quarterly increase since 1994. The $32 trillion U.S. Treasury market lacks sufficient marginal buyers to absorb the supply. Cryptocurrencies are gradually becoming a component of stable asset structures, $BTC.
European bond markets are also experiencing severe volatility. The UK 30-year government bond yield surpassed 6% for the first time since 1998, the French 10-year government bond yield rose to a high of 4.96%, and the French-German bond spread broke through the 140 basis points red line never touched since the Eurozone debt crisis.
Japan's long-term government bond yields continue to rise, with the 40-year bond yield surpassing 4.2%, hitting a new 30-plus-year high. Selling pressure has spread from Europe and the U.S. to major sovereign bond markets worldwide. #BTC现货ETF重回流入，ETH资金持续流出