Woke up this morning and glanced at the market, feeling a chill down my spine. Binance hot wallet suspected of being hacked triggered a short-term stampede; in the past hour, $629 million liquidated across the network, with longs accounting for $607 million, and $953 million liquidated in 24 hours. BTC once dipped to 78,763, ETH fell below 2,250, and SOL directly smashed through 96. This is not an ordinary correction but a chain liquidation triggered by news.
The macro environment is even worse. US Q3 GDP at 3.4% exceeded expectations, core PCE YoY at 3.1% met expectations, the data mix is hawkish, and the probability of a rate hike in December soared to 85%. The Fed's "hawkish pause" is hitting risk assets collectively.
BTC currently at 81,054, hourly MA5 resistance at 81,113, support below at 80,632; if broken, 80,000 is exposed. After ETH broke 2,300, the 200-day EMA at 2,310 is the bull-bear dividing line; failure to close above it heads straight to 2,205. SOL lost 100, moving averages all pressing down; 98.73 is the lower Bollinger band, 96.38 is strong support, oversold but no reversal yet.
Strategy-wise, firmly avoid chasing rebounds before the news is clear. BTC rebound faces resistance at 81,100-81,500, bearish bias; only stabilizes if it holds above 80,632. ETH failing to reclaim 2,310 means all rebounds are fake. SOL closing below 98.5 targets 96.38. The Binance incident is today's biggest variable; leverage compressed to within 3x, survive first. #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场
