Orbit Post Sitemap

#美中期选举后AI监管分歧引发行情波动 After the US midterm elections, the Democratic Party won governorships in multiple states (especially Texas, Ohio, Georgia) and passed widespread data center restrictions or suspension orders in local referendums. About 40%-45% of the planned AI data center capacity is located in these "states ready to hit the brakes," with figures like Sanders directly calling for a "national data center suspension order now." This is not a nationwide blanket ban but more of a state-level approval pause, power grid cost sharing, tax incentive cancellations, and strengthened local veto powers. The result is slower approval for new projects, increased costs, and some capacity planned for post-2028 may be delayed, but ongoing projects are only minimally affected in the short term. The market has already priced this in: AI infrastructure expectations are cooling, and tech stocks are being revalued. Impact on the crypto space: Crypto is still treated as a high-beta tech stock. AI expansion hitting obstacles → tech stock risk appetite declines → crypto is sold off in sync. If mining companies continue to pivot toward AI computing power, they will face direct approval and cost pressures; overall liquidity tightening will also lead to crypto, as a risk asset, being reduced first. In the short term, this is more of a sentiment and position shock rather than a standalone deterioration of crypto fundamentals. The key is whether the Nasdaq can stop falling and whether data center regulations truly become hard constraints. If it's just slower approvals and higher costs, the impact is limited; if it turns into large-scale suspensions, the tech narrative will be downgraded again, and crypto is likely to continue falling. $BTC According to Yahoo Finance, the stock closed at $181.60 on November 5, down 9.26%, with Nvidia suffering a heavy blow amid an AI-driven market correction. The same article noted that the Nasdaq Composite Index fell 5.52%, and the Philadelphia Semiconductor Index dropped 12.25%. Nvidia's one-month decline was mentioned as 24.1%, with a 52-week range of $164.27 to $243.37. Subsequently, the stock partially rebounded pre-market to $189.35, up 4.27%. Market Impact This sell-off is related to the Democratic Party's sweeping victory in the midterm elections, which investors interpret as a potential turning point in AI infrastructure policy. Concerns focus on antitrust enforcement, environmental reviews, and local resistance to high-energy-consuming data centers. Since Nvidia chips are key inputs for AI model training and inference, investors view policy risks as a direct threat to future growth expectations. The scale of this market movement has also intensified pressure on the entire semiconductor and AI-related infrastructure stock sectors. Outlook The market currently needs to confirm whether GPU demand remains strong enough to offset regulatory and financing concerns. Investors will watch the capital expenditure plans of hyperscale cloud service providers, data center permitting developments, and Nvidia's next fiscal quarter earnings call. Any updates from management regarding H100 pricing, next-generation product shipments, or customer commitments are expected to stabilize market sentiment. If policy concerns ease, the recent pullback may be seen as a sharp but temporary de-risking process in the AI trading space $BTC 📊 $BTC $75,363 — NFP beat: +165K jobs vs +65K expected, unemployment 4.1% vs 4.2%. Strong jobs = higher Dec hike odds, pressure on BTC. Still holding above $75,000 — for now. Support: $75,000. Resistance: $76,371, then $79,000. Dip buy or wait? 👇 #BTC #Bitcoin #CryptoSolana's on-chain RWA value reached $5 billion in October On November 6, according to the Solana project team, the on-chain Real World Asset (RWA) value reached $5 billion in October, setting a new record; decentralized exchange trading volume was $60 billion, the number of addresses holding stablecoins reached 14 million, and stablecoin card cumulative spending reached $1 billion. Solana stated that the Alpenglow consensus protocol went live on the mainnet on October 21, targeting a transaction finalization time of about 150 milliseconds and a slot time of 200 milliseconds. #美国10月非农超预期，12月加息押注升温 $BTC $ETH $SOL Non-farm data released‼️ It's a major bearish factor BTC followed the trend to break below the previous low, increasing unrealized profits on short positions All ETH long positions have taken profits of 200 points, waiting for short positions to enter next Today's non-farm data release is relatively bearish Before yesterday's drop, we gave take-profit advice for the two ETH long positions at 2188 and 2238 Then the right-side short position entered at 81000, currently BTC's spot price near 74000 is exactly the intermediate starting point of this rally, and the support around 74000 is quite strong So half of the short positions have taken profits, the other half is basically betting on a black swan event breaking below 70000 Later, the 74000 area may rebound and rise📈 Similarly, I also trade here and suggest everyone to do right-side trading That is, if the 74000 level rebounds and breaks through the 76500-77500 range, confirm the rebound and then enter long positions👌🏻 $xSNDK/USDT Market Update $xSNDK rebounded from an old low of $794.8 before rallying to a powerful peak of $xSNDK 1,427.3, and trades at $836.9 after a +3.13% daily gain and a -27.82% change over 7 days. Short-Term: Watch support near $794.8 (24h low). Holding this level can spark a retest of $xSNDK 914.5 (24h high). All-Time Prediction: In a full bull run, $xSNDK could target $1,100.00+. If support fails, it may pull back to $xSNDK 750.00. Will $xSNDK break its peak or drop? Comment below! #Tether旗下XAUT黄金储备增长59% XAUT is a tokenized gold launched by Tether, with each token corresponding to one ounce of LBMA-certified physical gold, stored in a Swiss vault. It supports on-chain trading and can also be redeemed for physical gold bars. This time, the reserves have increased by 59% year-on-year, marking a significant signal in the tokenized precious metals sector. The underlying logic for the strengthened demand is that capital is seeking assets that balance liquidity and hedging properties amid high interest rates, geopolitical disturbances, and crypto market volatility. Compared to traditional gold ETFs, XAUT can be settled on-chain 24/7, split into small allocations, and directly used as DeFi collateral, bridging gold and crypto liquidity pools, making it more attractive to cross-border users. Especially recently, with BTC and the mining sector collectively seeing valuation cuts, some crypto funds have chosen to switch to XAUT for hedging, resonating with global central banks' ongoing gold purchases. However, it is important to distinguish: reserve expansion does not directly drive gold prices. The scale of XAUT is much smaller than central banks and traditional ETFs, representing incremental demand rather than a core pricing force; meanwhile, its price still follows spot gold, with the biggest suppressing factor remaining the real yield on U.S. Treasuries. On the risk side, first, the custody and redemption processes rely on third-party vaults, posing operational and compliance risks; second, in a tightening regulatory environment, tokenized precious metals will also face scrutiny. In the medium to long term, XAUT's growth represents a trend: the on-chain expansion of physical assets, meaning gold no longer relies solely on traditional holding channels. $BTC $ETH $SOL $ONE's total network OI is currently rising rapidly, now at 22 million, more than doubling. We consider total network OI > market cap as an important long indicator $OKB is positioning for a powerful bullish reversal off historical value demand. Bulls are actively holding range low boundaries to build launchpad momentum. Buy Zone 101.50 - 104.64 EP 101.50 - 104.64 TP 112.00 119.00 127.00 SL 98.50 Liquidity sweep at the lows has cleared the path for a fast target expansion. Holding firm above current support triggers a swift upward rotation. Let's go $OKB #OKXOrbitTopics . Bitcoin has already spiked to the 750,000 price I mentioned earlier, now we are just waiting for a bearish candle on Monday. Any price below 760,000 is the best opportunity to buy on dips. Around 750,000 is the support of the 120-day moving average, and this support won't be easily broken. If it breaks, that means a bigger bear market, and it won't be a bull market anymore. This position is also a turning point. The rebound is expected to start from this wave. If you want to buy mainstream coins like Bitcoin and Ethereum, now is the time to enter since the price is low and it's a safe position. This is when the bullets in your hands can show their value. Be bold and act early to make profits. I expect consolidation and repeated bottom testing here, then the main upward wave will start. This period is the most grueling, so I don't recommend contracts; just spot trading is fine because with contracts you won't be able to hold on. The grinding will make you want to give up, and if your funds are insufficient, you'll be repeatedly forced out. Go all in on spot trading. For other altcoins, some can also be traded, but the specific trend needs to be clearly shown in next week's market. Today, I say mainstream coins are basically ready to enter, at most the bottom will be tested for a week or even half a month next week, then prices will rise. You can treat 740,000 as a liquidation price. Once it breaks this level, no matter the loss, sell everything. Because if it breaks 750,000 and then breaks 740,000 again, this market cycle can basically be declared over, and what awaits us is a hellish market. Falling below 50,000 is not impossible. So this position won't be easily broken. You can start buying on the left side in spot trading, picking up bloodied chips!!!! Reposted from Fang Ming-KEOThere's something quite strange: banks can tell you exactly how much you'll pay monthly for a mortgage over the next twenty years; on-chain borrowing, the interest rate changes every hour, and you still have to sign. Aave bought the fixed-rate project Avon along with its team, packaging fixed-rate, variable-rate, and order book all together, with the two founders directly joining the engineering team to write code. But thinking back, it used to be ridiculous: collateralizing $ETH to borrow $BTC, the rate was calculated nicely at borrowing time, but once the market fluctuated and utilization went up, the interest rate jumped accordingly. Now finally someone is willing to fix this path. Whether they can fix it well is another matter, but let's not shout about the fixed-rate era just yet.#摩根士丹利接入DTCC，证券代币化拓展机构应用 DTCC (the core US stock clearing and custody institution) tokenization service officially launched, with Morgan Stanley among the first institutions to convert large-cap US stocks and US Treasury bonds into on-chain digital certificates, covering assets totaling approximately $30 trillion; a total of 20 leading institutions including JPMorgan Chase, Citibank, and BlackRock have simultaneously joined. These tokens are "digital twins" of traditional securities, retaining fully equivalent legal rights, allowing free two-way switching between traditional accounts and on-chain wallets, fully custodized by DTC, operating under the SEC regulatory framework, and are not unregulated crypto assets. 2. Core motivations for institutional participation 1. Activate collateral and reduce capital occupation The primary demand from institutions is to improve the turnover efficiency of Treasury bonds and blue-chip stocks. Tokenized assets support 7×24 real-time atomic settlement, with smart contracts automatically completing compliance checks. Pledged assets can be allocated across markets with one click, significantly shortening settlement cycles and reducing capital occupation, directly improving banks' capital adequacy ratios. 2. Bridge traditional finance and on-chain liquidity Tokens use the same CUSIP code, allowing assets to freely flow between secondary markets and DeFi collateral pools, opening new liquidity channels for institutions and solving the pain point of off-chain assets being unable to enter digital markets. $BTC $ETH $SNDK Aave Labs acquired Avon along with its people and assets: fixed rate protocol, variable rate module, on-chain order book, and domain name all bundled together, with the two founders Prince Sinha and Ayush Kaul directly joining the engineering team. It looks like filling a gap, but in fact, it’s reshaping the oldest foundation of on-chain lending. On-chain lending has only had one way to operate over the years: liquidity pools plus variable interest rates. When there’s plenty of money, borrowing is cheap; when sentiment reverses and liquidity tightens, costs sharply rise with utilization. Prices fall while interest rates rise simultaneously, hitting both sides of the long positions, making it impossible to accurately calculate how much interest the position owes. So what’s missing isn’t just a fixed rate button. Without available fixed rate tools, there’s no continuous interest rate curve, making it impossible to build structures like borrowing short and lending long, and asset-liability management can only be rolled over daily. Institutions and long-term capital have therefore been sidelined. Buying instead of building in-house means acknowledging this is a fundamental rewrite: from discount curves, maturity liquidity to liquidation mechanisms, everything needs to be redone, and building it internally would take several quarters. Spending capital to buy time, grabbing a fixed end before anyone locks down the on-chain interest rate curve. The asset package includes both fixed rates and an order book, clearly aiming to connect short-term variable rates to long-term fixed rates in a continuous line. Once this line is formed, the financing costs for $BTC, $ETH, and various leveraged positions will have a tradable benchmark. What $AAVE is really seizing is pricing power. But the details are still incomplete and need to be seen in practice.Brothers, these three altcoins are worth keeping an eye on today. But don't rush into buying just because you see a small rebound. 🧐 $AKE: The downtrend shows no signs of stopping. It continues to bleed slowly day after day, yet some traders still believe it has finally reached the bottom. The reality is that altcoins can keep falling much further than expected. With so many trapped holders, why would large players rush to push the price higher? #DailyOrbit The sell-off in major cryptocurrencies is no longer just a story of falling prices. It is a story of which side of the trade is paying for the decline. In the past 37 minutes, 100 liquidations have hit $BTC, and every one of them was a long: $483,000 in buy-side positions wiped out against zero short liquidations. That asymmetry matters more than the headline percentage. $BTC is trading at $75,688.9, down 5.90% over 24 hours and within reach of its $75,200 session low. The buy-sell ratio sits atWhy Did BTC Suddenly Crash? Four Key Reasons to Watch! Today's market drop wasn't just caused by problems within crypto. It was driven by a combination of US stock market weakness, macroeconomic concerns, and rising risks across the crypto market. 1. AI Bubble Fears Trigger US Stock Sell-Off Investors are questioning whether huge AI investments by major tech companies will generate enough returns. The Nasdaq dropped sharply, and semiconductor stocks also came under pressure. Nvidia, AMD, 【IREN surges 20%, AI computing power stocks are a buy now】 After a collective sell-off of AI concept stocks on Thursday, they all rebounded together at Friday's open. $xIREN rose nearly 20%, AMD nearly 9%, Nvidia over 6%, and optical modules, storage, and semiconductor equipment all followed suit. This rebound has two direct drivers: first, the data center regulatory panic triggered by the previous day's Democratic election victory has cooled down; second, IREN's latest financial report provides solid support for AI computing power demand. IREN's latest quarterly AI cloud business revenue reached $200 million, a 182% quarter-over-quarter increase, with a gross margin of 86%, and backlog orders amounting to $20.3 billion. The company has already signed and secured funding for an annualized revenue target exceeding $4 billion. The AI business is rapidly replacing Bitcoin mining as the growth engine. This also explains why the rebound is not limited to IREN. GPUs require servers, servers require high-speed optical communication, storage, and semiconductor equipment. The entire industry chain is trading on the same logic: AI capital expenditure has not cooled off. On Friday, the Nasdaq rose 1.8% intraday, the Philadelphia Semiconductor Index rebounded over 6%, and Nvidia rose 6.5%. IREN's rally is a recovery from overselling combined with earnings report catalysts, not a new major uptrend. After all, strong employment data has again raised expectations for a December rate hike, and the Nasdaq still faces a fourth consecutive week of decline. #IREN加速转型AI云，业务收入环比增长182% $ADA and $AVAX funding rates are both positive, with $ADA's long position cost being higher. Coinugget Snapshot on November 6: ADA 8-hour funding rate is about +0.0100, AVAX about +0.0033%, account ratio 64:36. Both account structures are biased towards longs, but ADA longs pay higher fees. If the price weakness continues, the side with the higher funding rate will feel the position cost pressure first. #交易之声：你的经验值得被听到 #美国10月非农超预期，12月加息押注升温 #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 Glassnode and Demand 🔎 Latest observation from Glassnode: BTC demand is still insufficient; although the price has rebounded, ETF inflows remain negative (Cointribune). ⚖️ The price first surged to $83,000, then fell back below $82,000, with volatility not triggering large-scale liquidations. 🧭 According to DWF Labs: BTC shows resilience relative to tech stocks but there is no sign of risk appetite returning. 💡 Simply put: it hasn’t dropped much, but no one is chasing the rally either. These are views from several institutions; I haven’t cross-checked with on-chain data myself, so I might be mistaken. 📍 The levels I’m watching: • $83,000: demand is considered back only if it holds above this • $82,000: support level after pullback • $81,000: round number threshold Do you think BTC will continue to consolidate without new buying interest? $BTC #CanBTCHold80K $BTC $ETH $OKB 🔷 US Tokenized Stocks: First Deal Completed CNTN company conducted the first transactions with tokenized stocks under the SEC's "Innovation Safe Harbor" (dated September 17). The first deal was about $30K on the Canton network. Tokens grant the same rights as regular stocks, the platform is private, and identity verification is required. Who will be the second issuer? DYOR. $BTC Why do people think BTC suddenly crashed? Four major reasons worth attention! Today's drop is not just a problem within the crypto circle, but a concentrated outbreak of risks from the US stock market, macro sentiment, and the crypto market. 1. AI bubble concerns trigger US stock sell-off The market is starting to question whether the huge AI investments by tech giants can bring corresponding returns. The Nasdaq plunged, semiconductor stocks collectively dived, with Nvidia, AMD, MU, SNDK, etc. under pressure, and risk capital began to withdraw. 2. Trump’s company transferred $343 million worth of BTC Trump Media transferred 4,259 BTC to Crypto.com-related addresses, valued at about $343 million. More importantly, the company faces convertible bond cash repayment pressure on November 30. If refinancing fails, it may need to sell BTC and other assets to repay debts. It has not yet been confirmed that the BTC has been sold, but this undoubtedly intensifies market panic. 3. Inflation and interest rate pressure Rising oil prices have reignited inflation concerns, affecting expectations of Federal Reserve rate cuts, putting pressure on high-risk assets. 4. Concentrated liquidation of long positions The BTC decline triggered massive forced liquidations of leveraged long positions, causing a chain sell-off that further amplified the drop. My view: This crash is the result of multiple overlapping risks: the adjustment of US tech stocks is external pressure, BTC transfers by Trump’s company exacerbate sell-off concerns, and leveraged liquidations amplify the downtrend. No rush to bottom-fish in the short term, nor blindly chase shorts. Next, focus on whether the US stock market can stabilize and whether BTC can hold key support. ⚠️ Market review is for sharing ideas only and does not constitute investment advice. The crypto market is highly volatile; please strictly control risks! There are many hardships on the trading road, tears wetting my pork rice😭😭😭 Is there still hope to break even, Brother Ba Bai! Our bulls cry every day, and every night seeing those rows of red numbers is so frustrating! Once upon a time, they were rows of green numbers, but now with the prices of $BTC and $ETH, can they still go back? Can they still reach eighty thousand or twenty-five hundred! First, let's look at the main news: In this round of the US midterm elections, the Republican Party lost, and the Democratic Party took control of both houses of Congress. The previously optimistic narrative for the crypto industry has cooled down. The crypto industry collectively invested tens of millions of dollars in political donations, trying to support Republican candidates who backed crypto framework bills, but the results were minimal. The probability of the "Clear Act" advancing has significantly decreased, and subsequent crypto regulations are expected to tighten, with the market pricing in this negative expectation in advance. Combined with AMD's earnings report delivering positive results and the continuous delay of rate cut expectations, high-beta crypto assets lack upward momentum. BTC's one-hour K-line shows a clear bearish structure, price at 75216, with MA moving averages continuously suppressing it. The intraday low is 74800, and the rebound is weak with shrinking volume, typical of a double pressure market from positive news realization and weakening policy expectations. The market is still gambling on the Fed's rate cut pace; recent strong data has delayed rate cut expectations, suppressing high-beta risk assets. Conclusion: In the short term, it is weak and volatile; rebounds are more of a correction than a reversal. Without breaking above 75700 with volume, it should not be considered a bottom; breaking below 74800 risks a new round of decline. Manage leveraged positions well, and don't chase rebounds. A lesson of blood and tears!$SOL 🚀 Solana is ushering in a new era of finance: LEAP officially launches! The boundary between cryptocurrency and traditional finance is being redefined. Solana Labs' new platform LEAP is exploring a brand-new gateway for financial trading. From cryptocurrencies to U.S. stocks, from ETFs to commodities, more traditional financial assets are expected to be traded and connected through blockchain in the future. 🔥 Why is LEAP worth paying attention to? * 🌐 Bridging the crypto market with traditional financial markets * ⚡ Powered by Solana's high-performance blockchain infrastructure * 📈 Exploring on-chain trading of stocks, ETFs, gold, and other assets * 💰 Future platform fee revenue plans to be used for repurchasing and burning SOL This is not just the launch of a new platform, but potentially a significant step for the Solana ecosystem toward the global financial market. What’s truly worth looking forward to is not just the price of SOL, but whether Solana can become the next-generation global financial infrastructure. The future of finance is moving on-chain. LEAP × SOLANA 🚀 #SOL #Solana #LEAP #Web3 #DeFi #Crypto$ETH formed a long lower shadow Pin Bar on the 15-minute chart, which is very exciting. The previous candle just formed a bearish engulfing pattern, and the price then dropped to around 2207. Although the next candle quickly recovered, the bullish body was very narrow. Buyers did not manage to push with consecutive solid bullish candles. The short-term rebound is fully reflected in the lower shadow. Looking at the 1-hour chart, a doji just formed. The doji indicates that bulls and bears are exhausting each other in this range. The price rebounded and pulled up, currently stuck near the 4-hour resistance at 2236. The 4-hour EMA20 and EMA50 continue to slope downward. The longer-term moving averages are arranged bearishly overhead. The pullback relying solely on the long lower shadow lacks the support of a large bullish body. When the rebound hits the resistance zone, the candle bodies shrink accordingly. Heavy sell orders pile up overhead, and buyers lack the strength to push higher. The candles keep leaving upper shadows, showing that resistance is firmly in place. On the higher timeframe, I remain bearish. The current price touches the strong 4-hour resistance near 2236. The sell orders above have not been consumed by large volume trades, so the market is expected to move down. $BTC $SOL #比特币承压，ETF近7日净流出约11亿美元 Tonight's move is less about "policy being released" and more about conflicting news. With the midterm elections resulting in the Democrats taking both chambers, the market's first reaction was that crypto regulation would tighten, basically dooming the CLARITY Act; then the nonfarm payrolls exploded with 165,000 jobs added versus an expected 59,000, pushing the probability of a December rate hike above 76%. These two events combined caused Bitcoin to plunge from above 88,000 down to around 75,000, triggering massive liquidations of long positions. Currently, the price is barely holding between 75,000 and 76,000, but the 200-day moving average has already been broken, making the technical outlook bleak. The key is whether 75,000 can hold; if it breaks, the next supports are 74,000 or even 73,000. On the upside, if it can't reclaim 77,000 to 78,000, any rebound will only be seen as a correction, not a reversal. Don't rush to catch the first dip these days; wait until the data is fully digested and the candlestick stabilizes. Reduce leverage first—staying alive is more important than bottom fishing. #美国10月非农超预期，12月加息押注升温 I am the mid-term intelligence guy. The daily position report is full of "potential challenges" before the non-farm payrolls, and sentiment has hit rock bottom. $ETH Worst hit: $150 million liquidated in 4 hours, $870 million liquidated across the entire market; ETF outflows for 7 consecutive days, BlackRock sold $100 million in a single day; USDT holdings dropped 14.35%, leverage rose, and funds are migrating to Tron’s low-fee channels. $SOL Negative factors piling up: Loopsale suspended due to attack, DEX trading volume halved, internal founders clashing, plus a whale opened a 20x short position worth $950,000, volatility will be extremely fierce. $BTC On the layer, Trump’s media nearly liquidated 4,259 BTC (cashing out $340 million), compounded by election investigation disturbances. Everyone please pay attention to controlling your positions during this period! #美国10月非农超预期，12月加息押注升温 11.06 Qiqi Lun Jin Midnight Gold Review: After the non-farm payrolls landed, prices surged then fell back, with short-term bears regaining control! After the non-farm data was released, gold prices first dipped to a low of 4026, then quickly rebounded, but the rebound was limited. Under pressure, it weakened again, currently oscillating downward around 4054. The rebound driven by the positive data is only a brief correction and does not reverse the overall intraday weakness. Short-term moving averages have turned down again, MACD bearish momentum is rising once more, the rebound is a typical bull trap and shakeout, with heavy selling pressure above. The midnight session continues a weak consolidation trend, not suitable for chasing longs. Trading strategy: Short-term resistance at 4065–4073, try shorting in batches when the rebound reaches this range, first target 4040, break below to continue targeting 4026; support near 4025, stabilize before considering longs. Liquidity decreases at midnight, volatility tends to be extreme, operate with light positions and strictly manage risk. $XAU #美国10月非农超预期，12月加息押注升温 ETF outflow exceeds 800 million + Non-farm payrolls exceed expectations: Is BTC likely to "die at 75K" tonight? Double negative factors resonate to pressure the market: Spot ETF large outflow exceeds 800 million, institutional funds continue to withdraw; Non-farm employment data significantly exceeds expectations, directly raising rate hike expectations, completely suppressing liquidity easing imagination, BTC arrives at the critical defense battle of 75,000. After breaking 76,000, the market was already fragile, with two major negative factors superimposed, the pressure on bulls to hold increases sharply. If the 75K defense line is lost, it will trigger a new round of bull cascade liquidations, passive sell orders will surge, and the downside space will further open. Even if there is a resistance-style rebound near 75K in the short term, the previously lost 76,000 has already turned into a heavy resistance, making it extremely difficult for the rebound to regain strength. It is necessary to objectively distinguish two scenarios: it will not necessarily crash directly. If leverage is concentratedly cleared and ETF outflow pace slows, it is also possible to enter a long-term oscillation bottoming at the 75K line. But the current capital side is weak, and the probability of bottoming is much higher than a quick reversal. Under the pressure of the overall market, the risk of altcoins sharply increases. Targets like CORE, which have repeatedly exploded and whose liquidity continues to shrink, have much weaker resistance to decline than BTC and can easily experience independent downward trends. What truly determines the market direction is not whether short-term support can hold, but when ETF funds stop outflowing and start to flow back.Divide the total funds into 30 parts from the start; otherwise, no matter how good your trading logic is, it will fail. Human nature is hard to challenge. Even if you have six consecutive wins, you might still get emotional after two consecutive losses. This kind of human psychological abnormality is difficult to control. Last year, I met an expert who turned a few thousand RMB into over one million USDT. What I remember most is his key rule: after three consecutive losses, stop trading and take a break. This is crucial, as it seems to overcome emotional impulses and avoid bad luck on that day.#شركة التعدين IREN transitions to AI cloud services, offering GPUs on standby for detection The company formerly known as IRNA, which succeeded in Bitcoin $BTC mining, has transformed into an AI cloud service provider by leveraging its infrastructure and massive data center power resources. The company has signed several AI contracts and deals with major companies such as Microsoft and Poolside, through which it will generate billions of dollars in revenue.. One of the main reasons for this shift is the rising costs of Bitcoin mining and the company's desire to secure sustainable revenue sources The non-farm payroll data is just too "good," basically making a December rate hike inevitable. Now we just hope there won't be any more rate hikes in Q1 next year. #美国10月非农超预期，12月加息押注升温 First, the non-farm employment numbers far exceeded expectations and previous values; second, the unemployment rate is also lower than expected and previous values; third, the labor force participation rate is higher than expected and previous values. With this employment situation, one rate hike will face no resistance. On the other hand, both the annual and monthly wage growth rates exceeded expectations, with the monthly rate far surpassing expectations and previous values. One rate hike is necessary. So this once again confirms Brother Feng's previous conclusion: the market will not improve until at least Q1 next year, and it still depends on the December dot plot. We cannot rule out another rate hike in Q1 next year.SNDK fell 22%, $BTC declined less, but risk appetite is still contracting MarketWatch reported that SNDK dropped about 22% on Thursday, while $BTC fell about 4.8% in 24 hours. Among perpetual data from four exchanges, $BTC long liquidations were about $200 million. The valuation pullback in tech stocks and leverage liquidations in the crypto space are different mechanisms, but both reflect the market reducing high volatility exposure. The rebound depends on whether both sides can stop falling. #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 #美国10月非农超预期，12月加息押注升温 #美国新旧国会交接或影响美伊局势 $ETH is more suitable for light position observation and waiting for signals on Saturday; it is not advisable to take heavy positions when liquidity is weak. If ETH breaks through key resistance with volume and holds on the pullback, short-term strength continuation can be expected; if it rallies then falls back or breaks down and recovers, it should continue to be viewed with a consolidation mindset. Also, pay attention to BTC's trend and its correlation with ETH, as well as potential volatility amplification from weekend news. The overall principle is: on Saturday, watch liquidity, key levels, and the authenticity of breakouts; wait for confirmation of breakouts, watch for support on pullbacks, avoid blindly chasing orders, and control position size and risk. The above does not constitute investment advice. 【The biggest fear for AI infrastructure is that the US will no longer allow free construction】 After the US midterm elections, the AI industry faces a new challenge: the Democratic Party plans to take control of Congress in January next year and push a series of AI and data center regulatory bills. Key points include restricting data centers from passing the cost of power grid upgrades onto residents, requiring disclosure of energy and water consumption, and conducting independent safety assessments of large AI models. This will have a significant impact on AI infrastructure. Data centers can't just make money by buying a few GPUs and plugging them in; behind the scenes, power plants, substations, transmission lines, and cooling systems must be built. If developers have to bear all the additional power costs and approvals require community consent, project construction cycles and capital expenditures will increase. The previous model of competing for computing power through massive capital expenditure will face increasing pressure on returns. This election has already sent a clear signal: among 34 elected governors, 32 support strengthening data center regulations, and 12 support bans or suspension of approvals; in 44 local referendums counted, all 44 passed restrictive measures. The Nasdaq $xQQQ has also fallen 11% below its historical high, with AI investment returns and regulatory pressure simultaneously impacting tech stocks. I believe this is a short-term bearish signal for AI infrastructure, but not the end of the AI industry. Trump still opposes mandatory federal AI regulation, and the bills proposed by the Democrats have not yet been enacted. Real changes are more likely to happen first at the state and local levels. The future competition for AI investment will shift from who has the money to buy GPUs to who can secure power, land, and approvals. $BTC is currently weakly oscillating around $75,650, overall still in a bearish-dominated retracement pattern. Affected by tight macro liquidity and market risk aversion sentiment, the bulls lack incremental funds to support, and the market is generally under pressure. On the resistance side, the short-term primary resistance is at the $79,800 – $80,000 level, with a stronger bull-bear dividing line located between $85,000 – $86,800. The bearish structure is difficult to reverse before reclaiming this area. On the support side, it is currently testing the critical lifeline at $75,000 – $76,000. Once volume breaks down below this, the downward space will further open. A stronger defense points to the round number $69,800 – $70,000. Maintain a defensive stance and strictly control positions during this bearish adjustment period. Avoid blindly bottom-fishing before a clear volume-driven stabilization appears.$AKE、$BEAT、$FOGO——这三个我一个都不碰。风险没出清，话先放这儿。 先看$AKE，它走的是最磨人的那种路：每天阴跌一点，跌到人麻木。有人说到底了，可上方套牢盘那么厚，谁愿意掏钱往上拉？真走到退市那一步，接货的人连跑都来不及。这不是底部，这是流动性在慢性抽干。 $BEAT更值得警惕。它现在高位横盘，上一次冲10块也是这个节奏——横几天再选方向。但横盘从来不等于要涨。多少人抄底进去，一根大阴线直接破支撑，这剧本见过太多次了。高位横盘的本质是多空都在等对手犯错，而散户永远是先犯错的那一方。 $FOGO跌了很久，弹一点就有人买。我看这更像空头平仓，不是反转，现在进场位置极其难受。不着急，我仍偏向下行。 宁可少赚，也别被套。错过机会难受一阵，套在半山腰难受很久。 消息面上，非农就业数据能否确认12月加息预期、美国中期选举民主党能否拿下两院、索尼二季度营业利润大增45%并上调指引——这些跟山寨币关系不大，别硬往上套。 真正的主线是：资金在等宏观信号，山寨币的每一次反弹都在被用来出货。$AKE的阴跌、$BEAT的高位横盘、$FOGO的假反弹，本质是同一件事——流动性没有回来。确认信号很$PEPE's decline is currently small, while $UNI is clearly underperforming Morning 04:08 UTC snapshot, $PEPE down 1.1%, UNI down 9.6%; both have crowdedness percentiles around P95 and P88 respectively. PEPE is relatively resilient in the short term, but the high percentile means bullish sentiment is not cooling; UNI's price is weaker. Do not take PEPE's resilience as a direct buy signal; first observe whether volume and open interest improve synchronously. #美股AI板块走势分化：云服务商走强、数据中心股承压 #美国10月非农超预期，12月加息押注升温 #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 $ZEC is wildly bullish, surging 10%! Directly hitting 1363, looking at a 90-day stretch it has increased 1.6 times, definitely a strong performer. It previously surged to 1697 then pulled back. Today, riding on positive news, it sharply rebounded. Zcash NU7 upgrade activated, block time shortened to 25 seconds. This technical boost is indeed a strong stimulant. Only a firm hold above 1440 counts as a true reversal; if it can't break through and nears resistance, you can lightly short. $HYPE pulled back from highs, testing the lifeline. Today it barely held flat. But from the previous high of 98, it has dropped nearly 15% in 7 days. The most critical issue now is the price is stuck fiercely rubbing against the super trend line (78.08), a key level. Bulls are desperately defending; once broken, the trend is completely ruined. On November 9, an options platform Hypercall will launch, a small ecological positive. The 78 bottom line! As long as it doesn't break, you can hold on for a rebound; once it breaks down with volume, run quickly and short with the trend. #AAOIQ3营收同比增长128%，连续六季创新高 OKX net inflow of $133 million cannot be directly interpreted as exchange sell pressure CryptoKeyhole 05:03 UTC address statistics show OKX net inflow of about $133 million; Bybit also net inflow of $203 million, while Binance had a net outflow of $340 million. Exchange address inflows only indicate coins entering platform marker addresses, which does not mean they have been placed for sale. $BTC needs to be observed for whether the net inflow continues and the direction of spot trading. #VanEck与富兰克林推出含BTC配置的新型ETF #美国10月非农超预期，12月加息押注升温 #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 Although Anthropic has submitted an S-1 prospectus to the SEC, due to the sharp decline in US tech stocks, investors have lowered their valuation expectations from $1.5 to $2 trillion to $1.2 to $1.3 trillion, with some even suggesting the possibility of postponing the IPO.Predicted Meme Coin: AKE$AKE Speculation Index: 5🌟 Growth Index: 7🌟 Token Analysis: AKE is quite an interesting coin. It is a platform token that uses AI to help ordinary people create games. Both generating games with AI and publishing games require payment in AKE. Operation Suggestion: You can wait for a dip to go long and try your luck with the follow-up. In the past few days, there hasn't been a decent altcoin rally, and now AKE is the first to more than double in this period. I remain optimistic about its future. Token Outlook: 1. Industry Trend: Focused on one-sentence generation of mini-games and AI game creation, hitting the AI + GameFi hotspot; the token has real use cases: calling AI and publishing games both consume AKE. 2. Deflation Mechanism: Platform fees are split into thirds: 33% distributed to staking users, 33% directly burned, and the remainder retained by the platform. If the platform's real usage continues to rise, the burn will cause ongoing deflation, supporting the token price logic. $SOXS opened long 25x at 68.79, mark price 70.5, floating profit 62.14%, position held. This trade capitalizes on the panic sell-off absorption and recovery, not an emotional main rise. With 25x leverage, the actual increase is less than 2.5%, relying on the pulse after the order book gap, not trend confirmation. Above 70.5 is close to a short-term resistance zone. SOXS, as an inverse ETF, has shallow order book liquidity; false breakouts and spikes come quickly, so don't mistake floating profit for principal. @大勇干短线（互动） #IREN加速转型AI云，业务收入环比增长182% Operationally, take profit on 50%–60% first to secure gains. For the remaining position, watch if the 71.5–72.0 resistance zone can be broken with volume; if not, reduce. Set stop loss below the entry price 68.79 to leave room for profit. If you haven't entered, don't chase; wait for a pullback confirmation before acting. This is about market judgment, not staring at the screen but holding steady; if the trend exists, hold firmly. Everyone, don't get emotional, participate rationally in the subsequent rotation $BTC $ETH I just wanted to wait for a low interest rate, but I didn't expect to have to worry first about whether Americans are going to work. US employment data exceeded expectations. Market bets on rate hikes also heated up. I just realized that good news depends on who it's good for. At 21:30 Beijing time tonight, the US announced 165,000 new nonfarm jobs in October, with an unemployment rate of 4.1%. According to Reuters, after the data was released, market bets on a December rate hike rose from about 75% to about 80%. In short, stronger-than-expected employment makes the market more worried that the Fed has no reason to ease and may even continue to raise rates. For stocks and risk assets like crypto, this is not the cheap money everyone is hoping for. Stronger nonfarm data pushes up rate hike expectations and will also affect the funding environment for risk assets like BTC, but it does not necessarily mean the price of crypto will fall. $BTC $ETH #美国10月非农超预期，12月加息押注升温 U.S. stocks plunged yesterday: Semiconductors faced the worst day this year, with both parties clashing but the semiconductor bulls bearing the cost, single losses exceeding tens of millions The largest single-day drop this year; $SOXL Philadelphia Semiconductor Index fell 12.25%, all 30 component stocks declined across the board. The memory sector took the hardest hit: $SNDK SanDisk plummeted 22.26%, $MU Micron dropped 17.46%, Democrats won big, and data centers became an election issue. The November 3 election results gave Democrats control of both houses of Congress, while the White House remains under Republican control. In 10 states nationwide, 41 data center-related referendums were almost all voted against by voters, putting data center construction on hold. With data center construction slowing, demand for servers, GPUs, HBM, and flash memory has been downgraded, triggering a sell-off in chip stocks. #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 $DOGE Brothers, the DOGE order book is acting a bit strange. Around 0.0728, orders suddenly piled up, the buy side is ridiculously thick, and the sell side breaks at the slightest touch. Damn! It's obvious the dog whale is shaking the market, stabbing back and forth to explode contracts, cutting retail traders hard 😂 From a pure technical perspective, the 4-hour MACD shows a bullish divergence at the bottom, volume is quietly increasing, this move is solid. Enter directly at 0.0728, stop loss at 0.0700, take profit first at 0.0780, if it breaks through, push higher. Don't panic, it's not a big problem. If you want to follow, check the token market card below for the order book, don't wait until it rockets to slap your thigh 🔥🚀 What do you think? 👇👇👇#IREN accelerates transformation to AI cloud, business revenue grows 182% quarter-on-quarter IREN's shift from mining enterprise to AI cloud has led to a 182% quarter-on-quarter increase in business revenue, and many people on Orbit are talking about this. Optimists see this as a benchmark for successful transformation of traditional computing power companies: mining machines originally used for Bitcoin mining are now directly running AI, so computing power is not wasted, and the business model has suddenly opened up with huge growth potential ahead. However, pessimists also have a point: the AI cloud sector is now crowded with many players, fierce price wars are ongoing, and since they originally come from mining, it's uncertain whether they can deliver quality enterprise-level services. My personal view is that this transformation direction is correct, but whether it will succeed remains to be seen. Everyone can pay close attention to subsequent customer and contract data and take it step by step. $BTC Central Bank Responds to Solana Event in Shanghai Being Stopped According to the Financial Times, a responsible official from the People's Bank of China stated that Solana placed advertisements on the exterior wall of the Citigroup Tower in Lujiazui, Shanghai through domestic entities, promoting virtual currency marketing. The People's Bank has coordinated with local financial regulators, public security, and market supervision departments to halt the "Solana Accelerate China 2026" offline event before it started, and will investigate the involved entities and individuals. The official said that SOL is essentially a virtual currency, and Solana also provides technical services for the issuance and trading of USDT and others. According to the "Notice" issued by eight departments in February this year, promoting Solana is considered a violation. The next step will focus on cracking down on domestic traders and domestic-related entities of overseas platforms.[Nonfarm payrolls surged by 165,000, December rate hike is basically certain] The U.S. added 165,000 nonfarm jobs in October, exceeding the market expectation of 65,000, and the unemployment rate dropped to 4.1%. Employment data for the previous two months was revised upward by a total of 84,000. The most direct signal from this report is that the U.S. labor market is more resilient than the market imagined, and the Federal Reserve currently has no reason to rush to cut rates. Wage data is also encouraging: average hourly earnings rose 0.4% month-over-month and 3.1% year-over-year in October. Strong employment means support for consumption and economic activity, but the year-over-year wage growth is not out of control, so inflation pressure still needs to be judged in conjunction with price data. The Fed maintained rates at 3.75% to 4% at the end of October, with two officials already advocating an immediate rate hike, indicating strong hawkish voices internally. I think the probability of a rate hike in December is already obvious. The CPI released on November 10 and the next nonfarm payroll report on December 4 will both influence the final decision. Especially inflation—if it remains stubborn, strong employment will become an important reason for a rate hike. For the market, the trouble is that interest rates may stay higher than expected. If U.S. Treasury yields and the dollar continue to strengthen, valuations of tech stocks and crypto assets like $BTC will come under pressure. What we should guard against now is the market shifting from betting on rate cuts to repricing rate hikes. #美国10月非农超预期，12月加息押注升温 The US added 165,000 nonfarm jobs in October, while the market originally expected only 65,000, and the unemployment rate even dropped to 4.1%. As soon as the data came out, traders immediately increased their bets on a Fed rate hike in December. Logically, such strong employment should have crashed the market, but at the opening, chip stocks directly counterattacked, with AMD rising 11%, recovering most of yesterday's losses. Last night, Su Zifeng said the market's concern about AI spending was "short-sighted." No one bought it at the time, but tonight some are convinced.🤣 #美國10月非農超預期，12月加息押注升溫 I've always been puzzled: clearly trading crypto, so why check the stock price of an American cloud computing company every night before bed? Last night, the answer came. CoreWeave rose 6.3%, Nebius rose 8.6%, and that tongue-twisting Roundhill Neocloud ETF rose 8.8%, even higher than the two individual stocks. Simply put, what these companies do is the same as what we watch with $TAO and $RENDER — renting out computing power. The difference is they’re listed on Nasdaq, while we’re hanging out on the blockchain. When their prices go up, it often takes us a moment to react here, and by the time we do, half the move is already over.
Orbit Topic Sitemap