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Anthropic's IPO: The real test is not whether it can tell a trillion-dollar story, but whether it can turn revenue into profit.
According to the provided prospectus data, Anthropic's revenue in the first half of 2026 reached $16.286 billion, with a net loss of $80.7 billion. About $72.4 billion of this loss came from changes in the fair value of financial liabilities, which is not actual cash outflow, and operating profit turned positive in the second quarter.
This indicates that commercialization capabilities are improving, but it does not mean the profitability issue has been resolved.
A bigger variable is the approximately $800 billion computing power contract.
Supply chain companies like Amazon, Google, Microsoft, Broadcom, and AMD may benefit from this. But for Anthropic itself, locking in computing power in advance means huge cost commitments. If demand growth falls short of expectations or model prices continue to decline, future profits could be squeezed.
Enterprise customers are another trump card.
There are already more than 11,900 customers spending over $100,000 annually, with a net revenue retention rate of about 900%. The deeper Claude integrates into enterprise workflows, the higher the migration cost and the greater the customer value. But high retention does not mean growth can be maintained forever; the future still depends on whether enterprises are willing to continue increasing their spending. "No Rate Hike ≠ Good News, The Real Pain Is the Surge and Fall"
Last night’s rate decision landed, and the first message in the group was "No rate hike, big positive," but BTC surged only to be slammed back down, and those chasing the high got stuck again 😂
Breaking down the truth: The rate remains unchanged at 3.75%—4.00%, but the vote was 10 to 2, with two members advocating an immediate 25 basis point hike; the statement still emphasized "strong economy, elevated inflation." This is not good news at all—it’s clearly a hawkish pause, a slow cut with a dull knife.
The market is the most honest:
$BTC surged to 81,500 as a bull trap, then steadily leaked down, oscillating near 80,000. Once key support broke, buyers hesitated immediately.
$ETH was weaker, falling without following the rise, losing all momentum near 2,300, with funds retreating without resistance.
Sister San’s insight: No rate hike is an open card; the expectation being met actually turns into bad news. The December rate hike disagreement is heating up, and the macro knife still hangs overhead. Don’t rush to bet on a rebound in the short term; hold your hands, wait for the market to truly stabilize and for selling pressure to be fully digested—there will be plenty of opportunities. For now, preserving principal is the hardest priority.
#从降息到加息，联储分歧全公开
#交易之声：你的经验值得被听到 Tonight at 20:30, the core PCE annual rate will be released 📊 Previous value 3.0%, expected 3.1%, this is the real "switch" for this week's market 🔥
Simple deduction: If it really reaches 3.1%, it means inflation resilience remains, the December rate hike expectation will be ignited, Bitcoin will face pressure around 81,000, and a short-term drop to 79,000 is not surprising ⚠️ Conversely, if it is below 3.0%, the inflation decline logic dominates, risk appetite warms up, and Bitcoin has a chance to surge to 83,000 🚀
My view: Don't get carried away before the data, avoid heavy positions on both long and short. The main force will likely repeatedly shake the market around 81,000, volatility will be amplified after the data release, chasing highs and selling lows is the easiest way to get hit 🎲 If you want to bet on the data, only try lightly with stop-loss; heavy bets on direction are no different from flipping a coin. Waiting for signals is more important than gambling on luck ✅#Can the high growth of SanDisk's storage business continue? 🧰 BICO has crossed the near-term upper boundary, while $SNDK is retreating on increased volume
$BICO 0.01692, up 8.1% in the past 24 hours, the quote has surpassed the highest point in the previous six hours at 0.01669, opening up the near-term consolidation range upward.
The price has indeed moved outward a step, showing more concrete improvement.
I acknowledge this progress; there is still distance from the earlier high of 0.01824, and local strength and full segment recovery should be considered separately.
$SNDK 1373.12, up 0.7% in the past 24 hours, $SNDK contracts dropped about 1.0% in the previous hour, with trading volume about 4.1 times that of the prior hour.
Although it later returned to 1373.12, it remains below the earlier high of 1387.42.
The red candlestick does not eliminate the local volume-driven retreat; I view it as a back-and-forth battle, with no stable hold at the high point yet.
$ZEC 1280.91, up 0.4% in the past 24 hours, the quote is about 4.1% above the range low, showing visible recovery distance.
The daily gain is small, but the recovery from the low is significant; the starting points differ.
I am willing to credit the space already reclaimed and will not dismiss this retracement just because the gain/loss ranking is near flat.
LINK 11.664, up 1.1% in the past 24 hours, actually rose about 2.5% in the previous six hours, with trading volume about 22.8% less than the prior six hours.
The upward move was not accompanied by a simultaneous expansion in trading volume, yet the price still increased.
This does not prove the recovery is weak; I first acknowledge the price improvement; trading heat is related to direction but does not have to move at the same pace every step.#تقرير استراتيجية ما قبل النتائج المالية: عائدات BTC المحققة ترتفع بشكل كبير
I expect the Strategy to exceed expectations. Realized BTC revenues increased as BTC rose above $110k, which will push EPS above $8.67. The company holds 640k BTC.
My opinion: Positive - I will take a Yes position
$MSTR $BTC Interest rate decision finalized, $SNDK is waiting for direction
The interest rate decision was announced early this morning, with rates unchanged. The market reaction is quite interesting: the crypto space remains quiet, with volatility under 2%, almost replicating yesterday's daytime fluctuation range; meanwhile, the US stock market experienced significant swings. The participant structures differ, so the two are not comparable.
Back to $SNDK. $SNDK's volatility has contracted in recent days, possibly due to a lack of new positive catalysts, and capital is in a wait-and-see mode. Technically, 1491.6 is the reversal point for this round of the market, while 1375.6 is the pivot zone. If the price can hold above the pivot, there is still room for upside; if it fails to hold, the previous gains are likely to be given back, as the saying goes, "what comes up must come down."
The interest rate decision did not break the calm in crypto, nor will it necessarily change $SNDK's rhythm immediately. What is more worth watching now is not the noise from news, but whether 1375.6 can hold and whether 1491.6 can be broken through. Before the direction is clear, patience is more important than prediction. #美国9月核心PCE升至3.1%，加息预期仍高 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #Strategy财报前瞻：BTC账面收益大幅反弹 Recently, AI Agent automated on-chain trading has become very popular. Many people think that just giving instructions to the Agent can complete on-chain automation, such as sniping, monitoring, minting inscriptions or NFTs.
Little do they know, what if the project issuer is also an Agent? Turning PVP into AVA?
I specifically asked AI, and the success rate of launching a mint project is indeed not high. Many free mint projects only charge your transaction fees, which seems cheap, but if the issuer is also an automated AI, is it still cheap?Don't rush to bottom-fish at lunch; the bulls are all squeezed together like porridge.
This morning's sharp sell-off probably made many itchy to catch the dip. After grabbing a quick bite and checking the contract data, the conclusion is simple: the bulls are too stubborn, don't go be fuel for the fire.
$BTC is currently around 80200, just tested a wave, the 4-hour long-short ratio is still 2.23, and open interest remains firm without dropping. Everyone is betting 80,000 is the bottom, adding positions as it falls. With such a heavy load, why would the main force pull up happily?
$ETH is currently 2320, the worst hit, but the long-short ratio has surged to 3.02. The lower the price falls, the more aggressively retail investors buy, open interest keeps rising, with layers of trapped positions above. Leverage will trigger a chain liquidation once touched.
$SOL is currently 100.13, back at the 100 mark, the 4-hour long-short ratio is an exaggerated 3.47, and funding rates are still positive, bulls lining up to pay. Once 99 breaks, the liquidation scene won't be small.
The market is extremely weak, bullish sentiment is too crowded. Control your hands, stay flat and watch, don't rush to give away your head.
#美国9月核心PCE升至3.1%，加息预期仍高 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #Strategy财报前瞻：BTC账面收益大幅反弹 Storage earnings reports have indeed exploded these past two days, with HBM4 production schedules pushed out to 2030, sounding like a perpetual motion machine. 😐 I don't deny that AI servers have real demand, but "real demand" and "financialized stocking" are now mixed in one pot. The prettier the earnings report, the higher the expectations, making it seem like the good days of the next few years are being priced in all at once.
What I'm watching isn't which number beats expectations tonight, but the cost of capital as a sharp knife. Inventory is an asset when interest rates are low, but a liability when rates are high; the more aggressively orders are locked and production expanded, the faster the backlash once the end market turns. 📉
I admit to floating losses on short positions; the ugly numbers on the books are just the reality, no pretending. But low-frequency big bets don't change logic with a single bullish candle: if the super cycle relies on "infinite demand + free financing" to survive, when rates come down, we'll see who's swimming naked. If the thesis holds, I can hold; if it breaks, I'll admit it without stubbornness. 📉The most eye-catching moment on the market was when HYPE jumped 10 points immediately after the news of its launch in the US market came out. Is this wave really the start of a new trend, or is it just sentiment running ahead with price catching up later? Watching this closely, my first reaction was not to chase but to look at the gap between it and BNB, OKB. HYPE had already captured 73.3% market share in the perp DEX sector, making it an absolute leader. Adding the US market expectation basically pushed the already concentrated narrative one step further. Technically, it jumped over the MA20 at 84.7, and the short-term structure shifted from weak to strong, which is a fact. But more importantly, what the market is trading is the imagination of "sector leader + new compliant entry," not the profits already realized. Looking at cross-market linkage, BNB is relatively weak, only supported by some buying from Pre-TGE, with the price falling below 740, breaking the uptrend line. RSI is neutral at 54, MACD is almost flat with no direction. It needs to break above 759.9 with volume to be considered strong. OKB is quieter, with an open interest of only 37 million, fluctuating around 110, RSI weak at 37, suppressed by the MA30 at 119. It only has a decent chance if it returns to 116 to 120. My understanding is that this round looks more like a divergence in the early stage of a start: the leader is grabbed first, while the second-tier platform coins lag behind, indicating risk appetite is only willing to pay for the most certain narratives. The bullish path leans toward HYP #تقرير استراتيجية ما قبل النتائج المالية: عائدات BTC المحققة ترتفع بشكل كبير.
I expect Strategy to beat earnings estimates this quarter. Realized BTC revenues have surged strongly with BTC rising above $110k, which will push GAAP EPS above $8.67. The company holds about 640k BTC, so a small increase directly reflects on earnings.
My view: Positive - I will take a Yes position in the prediction market.
$MSTR $BTC#美国9月核心PCE升至3.1%，加息预期仍高
The Federal Reserve kept interest rates unchanged, with rising disagreement over a rate hike in December. The rate hold met everyone's expectations, but the core is a short-term macro observation.
Because the Fed's voting ratio was 10:2, with two members calling for a 25BP rate hike, this is a very critical signal. It indicates that the pause is not the end, just waiting for data; this rate hike cycle has not ended at all.
The biggest market game now has shifted from whether there will be a rate cut to whether there will be a rate hike in December. The current market pricing shows a sharp rise in the probability of a December rate hike, reinforcing expectations of a prolonged high interest rate, and upgrading macro expectations.
$ETH $BTC $ZEC BTC's liquidation map is saying something counterintuitive: the lower side is "thicker" than the upper side
BTC is currently around 80,100. The liquidation distribution is asymmetric: below 77,125 there is about $1.37 billion long position pressure accumulated, while above it takes until 85,010 to reach a $1.33 billion short position level — the closer, "thicker" end is below.
$BTC around 80,100. ETFs are retreating, but the structure is extremely narrow, with IBIT dominating $151.5 million, FBTC adding $24.5 million, and almost zero elsewhere. 80,000—80,400 is the key support; if broken, 77,000—77,550 comes into view.
$ETH around 2,322. October ETF net outflow was about $1.35 billion, the second largest monthly outflow in history; dormant wallets transferred in over $140 million ETH during the same period. But exchange balances dropped to a historic low of 14.5 million coins, with a staking ratio of 36.13%. ETFs are selling "paper ETH," while on-chain is locking "real ETH," 2,295 is the next level to watch.
$SOL around 100. Whales sold 1.02 million SOL in five days, about $104 million; ETF single-day outflow was 19.16 million, the largest since December last year. $98 is the current support, $100 is a repeatedly tested psychological level.
In short: BTC liquidation structure is biased downward, ETH is tugged between ETF outflows and on-chain locking, SOL selling pressure is being absorbed but not yet digested.
#美国9月核心PCE升至3.1%，加息预期仍高 Brothers, there's news again about a "reopening plan" for the Strait of Hormuz, and oil prices are plunging accordingly. Can this drop continue?
According to Sister San, don't rush to pop the champagne just yet. The plan is like a verbal check; it only counts once cashed.
Let's look at the plan first: Iran has proposed a "7-day plan" with three conditions—the US lifts the maritime blockade, ends all conflicts, and unfreezes Iranian assets; if met, the strait will reopen within 7 days.
But the implementation is not easy. Trump is busy with midterm elections, so the chance of backing down now is low; both sides seem to be testing each other diplomatically, and none of the core deadlocks have been resolved.
Why did oil prices fall? The market is fatigued by the "wolf is coming" warnings, demand is weak, and funds are taking profits accordingly. But geopolitical risks haven't disappeared; the risk of oil tanker attacks remains. The drop looks more like a breather, not a reversal.
What does this mean for Bitcoin? Oil price drops cool inflation expectations, US Treasury yields may ease slightly, providing minor support for risk assets. BTC is hovering around 79,000, with resistance at 81,000 above and support at 78,000 below. $BTC $ETH $ZEC #霍尔木兹重开方案浮现，油价回落能否持续？
#美国9月核心PCE升至3.1%，加息预期仍高
#闪迪存储业务高增长能否延续？ Three-Coin Leading Review: Structure, Breakthrough, and Spot Support
In yesterday's leaderboard, $ZEC, $HYPE, and PEPE correspond to three different driving logics.
ZEC follows an independent narrative. The ETF has seen net inflows for five consecutive days, with net assets reaching $710 million; the daily chart has retaken 1316, RSI at 54.6, the shield pool ratio rose from 10% to 30%, circulating supply shrinks, a bullish structure is initially formed, with resistance at 1411.
HYPE is driven by news catalysts. After Payward became the HIP-3 deployer under CFTC regulation, the price returned above MA7 (78.4), the trend strengthened, currently testing MA20 (80.4); RSI 50.4 is neutral. The 30-day perpetual contract turnover is $204.7 billion, open interest $7.55 billion, maintaining its leading position in on-chain derivatives.
PEPE relies on sentiment and spot. Sun Ge increased holdings again, driving retail investors; it rose 6.81% in one day, at the 67.7% percentile of the 30-day range, RSI 59 is the highest among the three. Its open interest is only 0.41 times contract turnover, funding rate near zero, indicating the rise is more supported by spot, with a relatively healthy structure.
Summary: ZEC focuses on structure, HYPE on breakthroughs, PEPE on spot base. For review only, not investment advice. #美国9月核心PCE升至3.1%，加息预期仍高 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 Google evaporated nearly $500 billion in one day, with its stock price dropping over 13% at one point.
$GOOGL took a heavy hit this time. After the earnings report was released, many began to worry whether Google is falling behind in the AI race?
This earnings report exposed quite a few issues:
Q3 revenue was $127.6 billion, up 25% year-over-year, but below the expected $128.2 billion. GAAP earnings per share were $2.12, and adjusted EPS was about $2.67, also below expectations.
What worries me most is the search business, with growth slowing from 17% last quarter to 12%. AI search users are increasing, but advertising monetization efficiency has yet to catch up with traditional search.
Capital expenditures for the quarter reached $51.4 billion, with free cash flow negative $9.1 billion. The more money spent, the longer it takes to recoup—this is the market's concern.
But I still lean towards a long-term bullish view on Google.
Google Cloud revenue this quarter was $30.7 billion, up 103% year-over-year, with operating profit of $11.1 billion. Gemini's monthly active users surpassed 1 billion.
These figures indicate that AI investments are starting to generate revenue, and the cloud business's profitability is improving.
Google also has search, Android, YouTube, TPU, and a massive user base—these advantages haven't disappeared just because one earnings report missed expectations.
The current price is very suitable for buying the spot; I feel it can still return to 300 within a year.
#谷歌Q3營收增長，淨利潤下滑、每股收益不及預期 Is the perpetual contract about to enter the official US licensing track?
NYSE parent company ICE announced a partnership with Trade[XYZ]: planning to build a regulated perpetual market + clearing in the US, running on Hyperliquid infrastructure; ICE takes equity and exclusively operates its regulated market. The underlying assets cover stock indices/commodities/forex/crypto, using the FCM brokerage channel, and also mentioned joint distribution through ICE and OKX — as soon as the news came out, HYPE jumped.
The key point is: this is a roadmap to "bring the commonly seen 24/7 perpetual contracts from overseas into the US KYC/AML framework," not a button to open positions tonight.
Partnership ≠ already launched and tradable; pending regulatory approval ≠ timeline finalized; underlying technology choice ≠ token airdrop; HYPE price jump ≠ product launched.
Confidence: high (ICE official press release + media reports). Do you think this kind of "on-chain matching + licensed shell" will first change retail habits or institutional product offerings? Let's chat often~
$HYPE $BTC $ETHThat makes tonight’s results important, not just for the headline numbers but for what management says about pricing, margins, and demand going into 2027.
My take is that AI infrastructure is expanding the role of storage beyond the traditional PC and smartphone upgrade cycle. More AI workloads mean more data to store, access, and process.
#SanDiskQ1StorageGrowth 🔥Brothers, usually you watch K-lines and keep an eye on Dogecoin, but today let's talk about something hardcore. Bitcoin Core quietly released version 32.1, and the core focus is just one thing: increasing the node connection limit! 🛠️
Don't think this term is boring. Simply put, it means widening the highway for Bitcoin's underlying network. More node connections mean the entire network is more resilient, more censorship-resistant, and better able to defend against malicious attacks targeting single points. It's like reinforcing the foundation of a skyscraper—unseen and intangible most of the time, but life-saving when it counts. 🏗️
While everyone is busy speculating and chasing quick riches, the devs are quietly patching things up. This is the real reason Bitcoin can firmly hold its throne. 🛡️
But let's be clear for traders:
Technical upgrades ≠ short-term price surges. This kind of underlying network optimization usually doesn't immediately reflect on the market, and the main players might even use it as an opportunity to shake out weak hands.
Right now, the market is still in a choppy tug-of-war. Don't blindly go long just because of news. Pay attention to on-chain active nodes and overall hash rate changes, and use these as auxiliary indicators for long-term judgment. For short-term trades, honestly watch support and resistance levels and set your stop-loss properly. 💡
What do you think? Will Bitcoin, with its increasingly robust network, move more steadily in the upcoming major cycle? Do you usually pay attention to these underlying data when watching the market? Come chat in the comments! 👇$BTC The interest rate decision is in, but don't rush to translate "no rate hike" as "massive easing." The rate remains at 3.75%—4.00%, with a 10 to 2 vote; two members directly advocated an immediate 25 basis point hike. The statement also emphasized a strong economy and elevated inflation—this is not a dovish turn, but hawks holding steady.
$BTC surged above 81,500 then quickly pulled back, now oscillating around 80,000. After breaking key support, buying is clearly hesitant. $ETH is weaker, lacking momentum near 2,300, with a larger decline than Bitcoin, following the drop but not the rise.
Sentiment comes fast and goes fast; short-term volatility is inevitable. Looking at the longer term, opportunities remain, but don't treat "no change" as a "big positive" to chase highs.
#美联储维持利率不变，12月加息分歧升温 $BTC $ETH #美国9月核心PCE升至3.1%，加息预期仍高
The Federal Reserve pausing rate hikes is not a positive sign; $BTC surged then pulled back. The Fed maintains rates at 3.75% to 4.00%.
The Fed vote was 10:2, with two members favoring a rate hike; the economy is strong and inflation remains high. The December rate hike expectation has risen to 86%, with macroeconomic performance showing capital divergence.
Currently, the dollar is retreating, but the 10-year US Treasury yield remains near 5%, crude oil is close to $100, and the US stock market holding up does not mean liquidity is easing. High interest rates and energy inflation remain within the Fed's considerations.
#OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #Strategy财报前瞻：BTC账面收益大幅反弹 $BTC $ETH $ZEC Uniswap is launching a data dashboard for developers on October 28. Honestly, my first reaction when I saw this news was: finally, they remembered to build tools.
There are over 10,000 registered developers in total, and the API has routed transactions totaling $2 billion. Note these two numbers — 10,000 is the number of registrations, which doesn't mean there are actually 10,000 active applications running; $2 billion is the cumulative volume, not daily trading volume, and don't expect this to translate directly into income for $UNI holders.
The dashboard itself shows interface request volume, success rate, number of transactions, and transaction scale broken down by network, effectively opening a small window into what was previously a black box. On October 22, they also launched aggregator Hooks, which bring in external liquidity for routing, and the protocol fees generated will participate in $UNI burning.
It's important to clarify that product progress and token price don't have a direct correlation. What I'm more concerned about is whether API transaction volume can continue to grow, what proportion of routing comes from external liquidity, and how much protocol fees are actually burned in the end. As for the DEX space, the competition is between low fees and default integration, and these two directions are actually at odds with each other. 【BTC Stuck Between Two Cost Lines: $80,000 as the Bull-Bear Watershed】
$80,000 is not just an ordinary round number but a "structural level" squeezed by two cost lines.
Above: $81,500 — The breakeven line for ETF holders
The weighted average holding cost of spot Bitcoin ETFs across the U.S. is roughly in the $80,000-$82,000 range, meaning the closer the price gets to $81,500, the more direct the pressure from breakeven selling and redemptions, making rebounds prone to sustained selling pressure.
Below: $79,000 — A "thicker" structural support
Compared to the breakeven selling pressure above, the support below is more structural. Around $79,000 is a key area to observe whether genuine buying demand is willing to absorb supply.
The core contradiction lies in BTC being caught between "breakeven selling pressure above" and "real support below," so fluctuations around $80,000 are naturally frequent. Only by holding above $81,500 can the ETF cost zone pressure be digested; if it falls below $79,000, it is necessary to watch whether the structural support loosens. In the middle zone, it is best to watch more and act less, waiting for directional confirmation.
For market review reference only, not constituting any trading advice.
$BTC $ETH $ZEC #谷歌Q3营收增长，净利润下滑、每股收益不及预期 The biggest driver is data center demand. AI models need enormous amounts of data to train, run inference, and support increasingly complex workloads. That puts enterprise SSDs and high capacity NAND flash right in the middle of the infrastructure expansion.
SanDisk’s data center revenue already reached $2.98B in the previous quarter, more than doubling sequentially.
#SanDiskQ1StorageGrowth $PARTI executes a massive parabolic breakout on the 1H chart! 🚀📈
Current Price:0.06059 (+6.26% candle), hitting a local high of 0.06575!
Candle Range: Open 0.05678, Low 0.05548, High 0.06575.
Technical Insight: On the 1H OKX chart, PARTI forcefully broke out from a tight consolidation zone near $0.0380–$0.0400, printing a massive vertical green candle. The breakout is backed by huge buying volume, spiking to 10.1M on the current candle (and over 25M at peak volume).
Do you expect PARTIWhales closed a $6.45 million BTC long position on Hyperliquid
When you see a large holder's position, is your first reaction to check the address or just watch the action and move on?
Assuming you and they are looking in the same direction, but your entry points differ significantly. They can withstand drawdowns that your position might not; and they won't notify you in advance when they exit. Yet, seeing that large position can still make you feel a bit more confident in your judgment.
Do you take large holder moves as a reason to place orders? Or do you just use them as clues and ultimately trade according to your own position and pace?
$BTC ,
#BTC #Hyperliquid $BTCNo action in October, rate hike in December remains uncertain
The Federal Reserve's October meeting results are in: interest rates remain unchanged at 3.75%-4%, with a 10:2 vote. Cook and Hammack voted against, advocating for an additional 25 basis points hike.
📌 Hawkish statement: Strong economic growth, stable unemployment, resilient consumption, but inflation remains high, geopolitical uncertainties persist, and the 2% target is not relaxed. Overall, a window is left open for a rate hike in December.
📊 Market reaction: Mostly priced in advance, crypto performance is flat, BTC continues to fluctuate above 80,000. Originally planned to stay up late to trade, but the market is quite calm.
💡 My view: Short-term negative factors have basically been exhausted, no need to be overly anxious. Next focus is on the midterm election results and the December meeting. Strategy remains unchanged: zero leverage, slowly accumulate spot.$SNDK
SanDisk is releasing its earnings report tonight, and the stock price has already dropped as a sign of respect — down more than 30% in a month.
Last quarter's revenue was 8.97 billion, nearly quadrupling year-over-year, with a gross margin hitting 84.6%. The company’s guidance for next quarter is $10.3 to $10.8 billion, still expecting a 20% quarter-over-quarter increase. The data looks flawless, yet the stock price has been crushed from over 1800 to around 1300. The SNDK token on OKX is now $1330, down another 5% in 24 hours.
This is the most conflicted aspect of the storage sector this cycle: performance is sky-high, but valuation is pricing in a downturn. The market isn’t worried about how much is earned this quarter, but how many quarters the 84% gross margin can hold up. The sell-side expects $46.27 per share, even higher than the company’s top guidance. If it really beats, it might turn into a sell-the-news event — last quarter beat by 17%, yet the stock still fell 8% after hours.
I said a couple of days ago not to touch it before earnings, and I still hold that view tonight. The earnings themselves are not hard to guess; the hard part is guessing which quarter the market has priced as the peak. Let’s wait for it to land and let the bulls and bears battle it out first.
#美国9月核心PCE升至3.1%，加息预期仍高 Three coins are falling today, with completely different logics
$GOOGL 286.7, Google's token plummeted 11.75% today 📉
GOOGL dropped directly from 324 to 286.7, with a volume of 225 million. This is Alphabet's tokenized asset, linked to the US stock Google share price. After Google's Q3 earnings report missed expectations, the token crashed accordingly. Buying GOOGL on OKX is equivalent to indirectly buying US stocks, but liquidity is worse than regular stocks.
$BCH 283.9, Bitcoin Cash fell 3.07% today 📉
BCH focuses on large blocks and low fees, at the 283.9 level, down 3.07% today. It is not for speculation but for daily transfers. BCH follows BTC but with less elasticity; when BTC rises, it rises a little, when BTC falls, it falls more.
$CORE 0.01729, Core DAO fell 2.10% today 📉
Core DAO builds itself on Bitcoin's mining consensus, at 0.01729 down 2.10% today. It is a layer 2 leveraging Bitcoin's security, but it doesn't follow BTC when BTC rises, only falls when BTC falls.
#美国9月核心PCE升至3.1%，加息预期仍高
This article is for market analysis only and does not constitute investment advice. Brothers, here’s my straightforward take on these three OKX spot coins.
$DOGE is still bottoming out, the drop isn’t too harsh. Anyone who knows Doge’s temperament knows it can spike with some news, but the waiting is really tough. $ZEC is moving awkwardly; privacy coins haven’t had much funding support lately, slipping down slightly, and holders probably aren’t feeling great. Only $OKB is bucking the trend and turning green; it holds up during market swings, platform coins have inherent strength, and many are quietly buying the dip.
That’s the market situation now—most coins are fluctuating with the overall market, some are more resistant to drops, others weaker. Some are optimistic about OKB continuing to strengthen, while others think ZEC and DOGE offer better value for a potential breakout.
Which ones do you hold? Planning to hold and wait for the market, or pull out and watch for now?
#从降息到加息，联储分歧全公开 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #SUI Successful retest. Catalysts are accumulating 👩💻 $SUI Sui coin stabilizes above the broken descending resistance level on the weekly timeframe, maintaining stability above the key support level at $0.82. - 71% of the circulating supply is locked. - Coinbase, Galaxy Digital, and Kraken platforms are validating the network. - Samsung Wallet is set to provide USDC to 82 million Galaxy devices via Sui. - The Hashi mainnet will launch before the end of the month. This week could be crucial for the entire #SUI ecosystem. Levels areEven if the Federal Reserve holds steady at midnight, BTC, gold, and the Nasdaq may not all rise together. The rate decision at 2 AM on the 29th is very likely to remain unchanged, but this outcome has long been priced in by the market. What will truly disrupt the market is how Powell describes inflation stickiness and the rate path for December. If the wording is hawkish, risk assets may come under renewed pressure; pausing rate hikes does not equate to a dovish policy.
For $BTC, first watch if the $80,000 level can hold. Under hawkish statements, rebounds are easily thwarted; only with softened wording is there room for further recovery.
For $XAU, pay attention around $4,000. Hawkish rate expectations will suppress gold prices, but safe-haven demand may still provide support.
For $BZ, focus on supply disruptions and inflation transmission. If oil prices continue to rise, the Federal Reserve’s room to ease will be compressed.
QQQ is sensitive to the rate path; a pause might stabilize short-term sentiment, but whether AI capital expenditure can translate into profits remains key.
At 8:30 PM on the 29th, the preliminary Q3 GDP and September PCE will be released consecutively. If the decision has already been priced in, subsequent market moves will depend more on whether policy wording and economic data can truly change expectations.
#10月FOMC利率决议即将公布 $OKB $HYPE
ICE is bringing Hyperliquid into the US together — and OKX is also involved
There is a small misunderstanding to clarify: ICE does not have the authority to grant anyone "permission to enter the US"; the approval power lies with the US Commodity Futures Trading Commission (CFTC). What ICE did was — yesterday (October 29) announced the signing of a final agreement with Trade.xyz, planning to move the 24/7 perpetual contracts running on Hyperliquid into the US, with ICE establishing a regulated trading and clearing system, which still requires CFTC approval to be effective.
The background is: In August this year, Trump publicly stated that the CFTC chairman is promoting the introduction of Hyperliquid into the US in a "fully compliant and legal manner," so ICE is riding this favorable wind to take the lead in commercial arrangements.
So, is this competition for OKX?
OKX is one of the beneficiaries. The whole matter is divided into four layers:
Hyperliquid provides the underlying trading network (infrastructure)
Trade.xyz is responsible for designing the contract products
ICE acts as the exclusive operator of the regulated market
OKX, through its joint venture with ICE, is responsible for selling the products to global retail users — OKX founder Star also personally posted to confirm the cooperation. $GOOGL With Google's earnings report out, it evaporated trillions overnight,
Langlang after reading it just wants to say: the core issue is still AI, this money-eating beast that cash flow can't sustain, so funds are voting with their feet.
But interestingly, while the market plummeted, the on-chain contract positions surged by nearly 70%. On one side, spot selling off, on the other, contract positions increasing, indicating a complete battle between bulls and bears. Some panic and exit, while others see the drop as an opportunity to bet on a rebound.
Langlang thinks that at times like this, the worst thing is to get carried away. A sharp drop plus a surge in positions often means volatility isn't over yet. Don't rush to bottom-fish; first, see clearly who's catching the falling knife.
$GOOGL $SNDK #Strategy财报前瞻：BTC账面收益大幅反弹 #Intel's foundry transformation welcomes new variable Terafab #SanDiskQ1StorageGrowth The tech world is watching closely. Will the flash memory giant keep its hot streak alive?
Here is what you need to know ahead of the numbers:
• The Streak: SanDisk is riding a 6-quarter wave of consecutive earnings beats.
• The Bar: Wall Street is targeting a massive non-GAAP EPS of ~$46.00 to $47.15 on revenues up to $10.8 billion.The core logic for going long on SanDisk $SNDK: Q4 revenue was $8.97 billion, up 372% year-over-year, net profit was $6.9 billion, turning from loss to profit year-over-year; full-year revenue was $20.25 billion, net profit was $11.4 billion, with a gross margin of 84.6%. The data center business grew 437% for the full year, becoming a key pillar. NAND prices continue to rise, with manufacturers controlling supply and reluctant to sell, and the tight supply-demand pattern is expected to continue until 2027. The company generated $11.49 billion in free cash flow for the year, repurchased $4.5 billion in shares, and authorized an additional $14 billion, showing strong shareholder returns.
#闪迪存储业务高增长能否延续？ $RE
Interest rate hikes, interest rate hikes, and more interest rate hikes—this altcoin's business is caught in a fatal death spiral.
In the deposit management industry, the biggest fear is interest rate hikes. Although the Federal Reserve did not officially raise rates at this meeting, the market is not buying it. The market has already started to hike rates sharply. Less than a day after the meeting ended, the savings account interest rate has already surpassed 5%. The deposit management industry is the most affected by rate hikes. When the savings rate reaches 5%, who would be willing to convert their money into fixed deposits for just an extra 1% interest?
RE's business will inevitably be impacted by the rate hikes, with deposits starting to flee massively. Coupled with the upcoming unlocking of 40 million RE tokens in December, this altcoin is bound to face a waterfall-like crash. It is expected to fall to at least 0.15 in December. Multiple adverse factors are suppressing it. Opening a short position at this stage is a godsend opportunity to steadily make money. 🔥🔥🔥 Core PCE rises to 3.1%, BTC $80,000 level battle intensifies
US September Core PCE year-on-year rose to 3.1%, overall PCE climbed to 3.6%, inflation stickiness reappears, still a significant gap from the Fed's 2% target. After the data release, CME FedWatch shows the probability of a December rate hike soaring to 83%, the logic of "higher rates staying longer" continues to strengthen, US Treasury yields and the dollar strengthen in sync, macro factors continue to suppress crypto risk asset valuations.
The market has not yet experienced extreme moves, BTC rose intraday to $81,900, attempting to break above the $80,000 level again after nearly a week of sideways trading. Currently, long-term institutional buying in spot ETFs is still providing support, but market sentiment is cautious, bulls are hesitant to enter aggressively, contract market volatility is rising, and washout risks are increasing. Heavy resistance from trapped positions above makes it difficult to break previous highs without major catalysts. ETH also closed higher, with increased validator participation and staking pool expansion providing long-term support, but short-term movement still follows the broader market and has not yet established an independent upward trend.
In the short term, BTC is likely to maintain a weak consolidation pattern, with the $80,000 round number as the core lifeline between bulls and bears; if lost, further downside support tests are expected. Mid-term trends are fully tied to upcoming inflation and employment data: persistent inflation stickiness keeps rate hike expectations high, pressuring BTC; if subsequent data marginally eases and rate hike expectations cool, the market may have a chance to enter a recovery phase. #美国9月核心PCE升至3.1%，加息预期仍高 $BTC $ETH Many people think that Trump is in charge now; if he says the Federal Reserve doesn't want to cut interest rates, then the general direction is set. This shouldn't be simply understood as him being able to directly order a rate change, but his influence has indeed already impacted the market.
Legally, interest rates are decided by FOMC votes, one vote at a time. He can't directly command a rate change, nor can he casually fire Fed officials who don't align with him. But the powerful aspect is that he holds the personnel cards. When the timing of his term is right, he can nominate board members who lean toward his thinking, gradually changing the voting composition and steering the Fed in the direction he wants over the long term.
More realistically, the market is already actively pricing in his statements. Everyone knows he has strong motivation to guide rate expectations, and every word he releases is carefully interpreted by capital. Even if this time it's just a verbal judgment, it will directly increase market concerns about delayed rate cuts or even renewed hikes, putting pressure on risk assets like Bitcoin, U.S. stocks immediately.
But there is a huge variable here. If inflation and employment data later deviate significantly, even if he wants to guide, the Fed will find it hard to resist. Simply put, he can stir short-term sentiment, but the long-term bottom line is still economic data. Trading shouldn't stubbornly assume he can fully control the outcome; his statements can be taken as a very important signal, but not as a nailed-down final answer. $BTC $ETH $SOL
#美国9月核心PCE升至3.1%，加息预期仍高 11 years ago, an ICO of $31,000 bought 100,000 $ETH at a cost of only $0.3 each. Recently, this OG sold 5,000 $ETH at a price of $2,320 each, cashing out $11.59 million — turning 300k into tens of millions, a return of over 300 times. The real sting is yet to come: he still holds 45,000 $ETH, valued at about $105 million at current prices. 💎 We shout "diamond hands" every day in the community, losing sleep over a 10% drop; meanwhile, this person has weathered multiple bull and bear cycles for 11 years without a frown. But note, he chose to act at this very moment, which is a very subtle signal. Today, $BTC just reclaimed 80,000, $ETH returned to 2,350, and about 99.92 million worth of short positions across the network were liquidated, with shorts suffering a one-sided crush. Retail investors see the rebound and start shouting "the bull is back" again. Yet this OG, holding for 11 years, quietly reduced his position at the peak of market euphoria. Those who have had money for a long time don’t try to guess the top; they only exit when their position feels comfortable. This is a sentence every momentum chaser should write down. From the on-chain structure, this looks more like a high-level handover rather than a trend reversal: $ETH around 2,350 faces supply release from long-term holders, while whether $BTC can hold the 80,000 level will determine if this rebound is just short covering or real demand stepping in. If $BTC firmly holds above 80,000 with volume and $ETH stays above 2,300, then the short-term bullish structure remains; otherwise, the OG’s reduction might just be$xTEAM $AT Damn it! AT's chart is really disgusting, tugging back and forth around 0.1444, purely a capital game, full of manipulative whales calling each other idiots, and the retail investors have long been washed out. Looking at the K-line, the 0.14 level keeps getting poked and pulled back repeatedly, volume shrinks drastically, clearly the final stage of a shakeout. 💡 Hunter thinks 0.1444 is a good spot to lightly position, set stop loss below 0.138, don't go heavy, whales flip faster than flipping a page. If you want to follow, check the token market card below for the order book, don't ask Hunter after it pumps. Following is voluntary, profits and losses are your own responsibility. 👇👇👇Core data analysis of BTC whale positions shows both long and short whales are floating at losses, deeply stuck in a quagmire. Let's see how it moves after the PCE release tonight!!!
BTC current price 80127, down -1.43%, current funding rate 0.0088%.
Whale overview: a total of 812 whales, nominal long-short ratio 33.88%.
Long whales
262 whales, current position 876.71M USDT, average entry price 84946.74 USDT, unrealized P&L -52.7323M USDT, profit ratio only 27.48%. Long costs are high, most long whales are trapped.
Short whales
550 whales, current position 2.58B USDT, average entry price 76451.87 USDT, unrealized P&L -118.69M USDT, profit ratio 57.45%. More than half of the shorts still hold profits but also face large floating losses.
Market logic:
Current price is stuck between the cost ranges of long and short whales, both sides have book losses, a typical long-short double kill scenario. Intense internal whale competition likely to maintain short-term oscillation and tug-of-war.
For market review reference only, does not constitute any trading advice #美联储维持利率不变，12月加息分歧升温 #谷歌Q3营收增长，净利润下滑、每股收益不及预期 #Strategy财报前瞻：BTC账面收益大幅反弹 $BTC $ETH $ZEC [Short Position Ledger Quick Notes]
BTC short 2,613 units, ETH short 106,400 units, SOL short 719,900 units, three full-position trump cards revealed. Floating loss totals about $20.9 million, liquidation lines are 135,031, 3,671, 293 respectively, still some distance from liquidation (￣▽￣)~*
The real buffer is the funding fee: over $11.4 million collected, bleeding day by day. Leverage is not the main risk, data is. Tonight's GDP and PCE, combined with a 10-to-2 two-vote rate hike tendency—hot data lets shorts catch a breath; soft data lets bulls take over (๑•̀ㅂ•́)و✧
He hasn't touched ZEC, independent market without crowding shorts. Don't rush to wait for a liquidation spark, fuel theory requires a breakthrough first. I only watch two things: price with volume holding above the upper edge, and long-term replenishment. If not aligned, he keeps collecting rent; if aligned, then talk about a market shift 📈
$BTC $ETH $ZEC
#美联储维持利率不变，12月加息分歧升温 【Crypto Script】
#Strategy Earnings Preview: BTC Book Profits Rebound Sharply
This Strategy really knows how to play
Others make money trading crypto
At most, they post a moment on social media to celebrate
This one makes money trading crypto
And can directly change the company's financial report
When Bitcoin rises
Book profits can be very impressive
The market is also more willing to trust its coin-holding strategy
Using this money to buy Bitcoin
Is equivalent to tying the company's capital operations
With Bitcoin's long-term trend
But if Bitcoin keeps falling
The shrinking book profits are only the first layer of pressure
The market will also reassess its financing costs
Shareholder equity dilution and the ability to keep buying coins in the future
What do you think
Is Strategy turning Bitcoin investment into capital operations
Or is it tying itself too deeply to Bitcoin's ups and downs?
$BTC 819 Iron Top once again proved its absolute power today! Really unbreakable!
After the price peaked at 819, it was directly hammered down by two large bearish candlesticks. The 1-hour chart shows an extremely ugly bearish engulfing pattern and consecutive solid bearish candles, indicating very heavy selling pressure above and bulls completely unable to support.
More importantly, the funding rate remains negative during the downtrend, meaning there are still many bulls stubbornly holding against the trend. Given the main force's usual behavior, it is highly likely to be hammered down further until these bulls completely give up and surrender.
Since the big trend is still wide-range oscillation, our strategy is very simple: wait for it to be hammered down to the right level! Rely on the middle band and previous strong support, enter in batches within the 797 - 803 range. Strictly set stop loss at 793. The target is a rebound recovery to 809 - 815, and take profits in batches once reached!$ZRX is preparing for a massive bullish recovery after reaching a prime discount zone[span_3](start_span)[span_3](end_span).
Sellers are completely exhausting as buyers quietly step in to accumulate.
Buy Zone
0.0985 - 0.10132
EP
0.0998 - 0.10132
TP
0.1060
0.1110
0.1170
SL
0.0958
Price is coiling tightly right above strong historical support. A sudden wave of buying pressure will trigger a fast impulse move toward overhead resistance.
Let's go $ZRX
#OKXOrbitTopics . $BTC In two more hours, the company most closely related to the crypto world in this earnings season will report, Coinbase.
Wall Street expects its revenue to be $1.2 billion, more than 30% less than last year, and it will still lose money. Three months ago, they expected it to be profitable, now they expect a loss.
The first three quarters all missed targets, last quarter spot trading volume dropped by a quarter, and retail investors have barely come.
But I think tonight is actually an opportunity. Expectations have been cut to the floor, the bar is so low, even a slightly decent report would be considered exceeding expectations.
It still has a trump card: USDC on the platform has reached $20 billion, a new high, and this interest income is not affected by the market.
Coinbase is a thermometer of retail investor enthusiasm. If the numbers aren't that bad, it means the coldest period is over, and the $BTC price at 80,800 can also breathe evenly! #股票财报季 $BTC #Coinbase整合Deribit，Q3收入能否改善？ When the HYPE line surged, I happened to be watching the market closely—ten points in ten minutes, so quietly it was almost unbelievable 🌙 But is it really just news-driven? The trigger I saw was very specific: Hyperliquid's perpetual contract model has been submitted for review by U.S. regulators, still at the proposal stage, with some distance from actual implementation. Yet the market moved first, because what buyers are betting on is never "approval granted," but rather "this matter is finally on the table." Traditional finance operates only a few hours a day, while perpetual contracts run 7×24 nonstop. Once this mismatch is caught by a compliance framework, the potential goes beyond the crypto space. U.S. stocks, forex, and commodities could all be packaged into the same contract form. This is a narrative-level repricing, not just a simple emotional impulse. The bullish path is clear: if perpetual contracts gain mainstream regulatory recognition, HYPE will gain an identity premium, not just price appreciation. Risk appetite will shift from "speculating on altcoins" to "speculating on infrastructure." BTC and ETH will first stabilize the base, then capital will dare to assign valuations to these kinds of assets. But risk signals must also be presented. - Currently, it’s only submitted, no approval yet, and the form is not finalized - The compliant version of perpetual contracts will likely come with shackles, different from the free native on-chain versions - Before the news materializes, the price has already priced in some expectations An easily overlooked secondary transmission: if the U.S. version of perpetual contracts really takes off, the diverted volume may not necessarily be the existing stock of exchanges like OKX, but more likely those who have not yet entered the market but want a compliant channel to increase