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#ModernaQ3 earnings report will reveal vaccine sales trends Why is it so strong? It's all thanks to overseas COVID-19 vaccines Domestic sales in the U.S. reached 780 million, and the international market contributed 533 million. Growth mainly relies on overseas COVID-19 vaccine sales, along with long-term government orders from the UK, Canada, and Australia being delivered. Simply put, the COVID-19 vaccine overseas hasn't completely cooled off yet, and government orders are supporting the core business. Full-year guidance significantly raised The company raised its full-year 2026 revenue growth forecast from "up to 10%" directly to 15%-25%. Year-end cash guidance was also increased from 4.7-5.2 billion USD to 8.1-8.3 billion USD. With more cash on hand, short-term concerns about burning money can be greatly eased. Market reaction U.S. stocks jumped about 10% in pre-market trading. Keep in mind this stock has already risen more than 7 times this year, mainly driven by expectations for the cancer vaccine in collaboration with Merck. This earnings report adds another layer of support to the high valuation. But there's a risk to mention The norovirus vaccine's Phase 3 interim analysis did not meet early success criteria, and no new study cohorts will be added this quarter. The pipeline isn't all good news, so don't just blindly rush in based on revenue alone.Over $1.2 billion liquidated overnight, 238,600 traders wiped out, crypto market awash in blood. BTC: Macro sentiment abruptly reverses Bitcoin currently at $75,746, -0.23%. The Democratic Party's midterm election landslide victory sparked fears of tighter AI regulation, leading to a concentrated sell-off in US tech stocks. Bitcoin briefly broke below $76,000. ETF net outflows reached $430 million in a single day, with analysts warning "don’t rush to call a reversal." ETH: Correlated decline, longs liquidated ETH at $2,232.49, -0.76%. 24-hour liquidation volume hit $181.8 million, with longs accounting for $149.7 million. RSI fell back to 40, bearish momentum regained dominance. $2,204 is a key short-term support; a break below could lead to further downside. SOL: Regulatory risk strikes SOL at $89.86, -0.26%. Solana’s offline event in Shanghai was urgently halted by the central bank, which clearly stated it will investigate the involved parties. This incident adds extra pressure on SOL’s short-term sentiment; policy risk escalation should be closely watched. Summary: Macro risk appetite contraction combined with regulatory uncertainty leaves the market in a fragile balance. $75,000 for BTC and $2,200 for ETH are short-term bull-bear dividing lines. Sanjin 11.6 Gold Evening Analysis Today, gold opened high but continued to face pressure and fell back. The intraday high was 4106.98, the low dipped to 4035.86, and it is currently fluctuating around 4060. After the previous surge, bullish momentum has weakened, and the market has entered a high-level oscillation and correction phase, with intensified tug-of-war between bulls and bears. Key Levels Resistance: 4080-4095 Support: 4035-4020 Strategy Reference If the rebound tests the 4080-4095 resistance zone and faces pressure, a further decline can be expected, with the initial target at 4035. If it breaks below effectively, look further down to 4020; If the pullback holds the 4035 and 4020 support levels, there is a short-term chance for stabilization and rebound, then retesting resistance upwards. Pay attention tonight to the impact of US employment-related data, which may increase volatility and cause repeated fluctuations. Strictly control position size and set stop losses. #Gold# $ZEC This spike made me stop watching the chart for a moment. A hard pull-up with no correction for three months—who exactly is footing the bill? I just saw an almost vertical daily candle; ZEC has been pushed up again. It's not a slow climb but a move against the trend inside a big bearish candle, looking more and more like someone wrote the script in advance. The poster is very emotional, calling it a pump-and-dump coin, pulled hard for three months without letting go. I understand the exhaustion from being repeatedly played, but beyond emotions, I want to see clearly what this wave is really trading. First, let's restore the facts: ZEC has been strengthening continuously for about three months, with almost no decent pullback, and even took advantage of a market crash window to break out against the trend and grab attention. This rhythm itself is very telling—it’s not following a risk appetite recovery but using panic to do an "event repricing." When others are forced to deleverage, it becomes one of the few assets still able to make moves, attracting short-term funds, momentum buyers, and passive attention flows all at once. From a derivatives perspective, I care more about the structure than the gains. No washout for three months means unrealized profit positions have piled up thickly; long positions and leverage are likely already high. Once funding rates turn positive or rise, the price is more easily pushed by a "squeeze" logic: shorts are forced to cover, covering pushes the price, which looks strong but is actually fragile. The weak point of this market is not fundamentals but positions—if new buying can't keep up, the pullback will be sharper than the rise. A bullish scenario also exists: if funding rates remain mild, positions are not extreme, and volume holds during pullbacks A single US data point was enough to strip the market of its rate-cut fantasy. When initial jobless claims landed on November 5, large holders rushed for the exits and the bulls offered almost no resistance. The selloff was swift, mechanical, and broad. But the session was only the appetizer; the nonfarm payrolls report the following evening is the real test. Once a downtrend takes hold, even the strongest hands struggle to reverse it. $BTC fell 5.80% to 75,635, a heavy candle that sliced throug#ModernaQ3财报将揭示疫苗销售趋势 1. COVID-19 Vaccine After the pandemic dividend fades, the COVID-19 vaccine has become a seasonal chronic disease vaccine, no longer experiencing explosive sales. Key points to watch: the vaccination penetration rate of the new mNEXSPIKE, pharmacy purchase volumes in the U.S., comparison of market share with Pfizer, and overseas government orders. Risk factor: the continuous decline in public willingness to vaccinate is the biggest factor suppressing revenue. 2. RSV Vaccine mRESVIA This is Moderna's first commercialized non-COVID vaccine, which has previously underperformed expectations in volume. Focus on: penetration rate among the elderly, pricing, competition with rival products, and verifying whether mRNA technology can be replicated for other respiratory viruses. 3. Combination Vaccine mCOMBRIAX A single shot that protects against both flu and COVID-19, this is the company's future core storyline. Watch orders, approval progress, and commercialization expectations to determine long-term valuation. $SNDK Did you see that? SanDisk looked like crap, it was smashed down to 793.7 in the early session, and now it’s been dragged up nearly 10 points. This is a classic "dead cat bounce"! Don’t get hyped just because of one big green candle, thinking the bottom is in and a reversal is coming—that’s pure nonsense. Why the bounce? The previous waterfall drop was brutal, leveraged longs were wiped out early, now it’s purely short sellers taking profits and covering positions, plus a short-term panic-driven oversold rebound. Look at this chart, that orange box from 1100 to 1200 is packed with trapped souls from earlier losses, and the moving averages are all pressing down there—that’s a very strong resistance zone. This rebound barely touched that area at best, and trying to push higher? Nearly impossible. I’m telling you straight, short-term dead cat bounce, but on the bigger scale—weekly and monthly charts—I’m absolutely bearish! The price increase logic has long been disproven, institutions are frantically retreating, and the tough days of destocking are still ahead. Once a strong cyclical sector turns down, even gods can’t save it. Don’t expect one or two green candles to flip the trend. So, take my advice: this rebound is just a chance to lightly enter and grab some quick profit, then run. Just think of it as getting some blood back. Don’t get greedy and hold long-term. 1000-1100 is the ceiling; once it hits there, get out fast. Whoever gets greedy dies. The big cycle bearish trend hasn’t changed. Don’t throw your hard-earned money catching a falling knife halfway up the mountain—that’s pure stupidity. #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 ⚠️Market observation only, not trading adviceTrump sold all Bitcoin? Don't believe it yet! My friend also liquidated following that!! Unbelievable! What a big fool! I almost reposted it too, luckily I verified first! The media made it sound terrifying: Trump Media cleared out all Bitcoin, liquidated 99.99%! I checked the blockchain and documents: the transfer is real but selling out completely is false, the 99.9% figure is a misleading concept swap. At 02:17 AM on November 5, the wallet marked by Arkham transferred 4,259 BTC to Crypto.com in two transactions, 2,140.03 BTC plus 2,119.31 BTC, worth $343.67 million. Only 1.3 BTC remained in the wallet. The wallet's name: 2028 convertible bond collateral. The company's June 30 document clearly states the collateral is 4,260.73 BTC. The 4,259 BTC transferred is the entire collateral. The 99.99% cleared refers to this collateral wallet. Emptying one drawer doesn't mean the whole house is emptied. Transferring to an exchange doesn't mean selling. Why did they transfer it? The post said "coinciding with Democratic investigation"—I didn't check the timeline, just speculation. In summary: The coins were indeed transferred, $344 million, on November 5. They cleared the collateral wallet, not everything, only about 30% was moved. Watch: $BTC to see if it moves again before November 30; $DJT to see if Trump Media's stock price keeps falling; $ETH to see if it can hold above 2300 after tonight's nonfarm payrolls.The 2.12% rise on the monitor is not a recovery curve; it is a short-cycle supraventricular tachycardia—$ACH's most dangerous point right now is that it looks like it's improving. Let me first lay out the vital signs: a 2.12% rise over 24 hours, short-cycle RSI at 65.1, which has already crossed the sell threshold of 64; long-cycle RSI is only 41.7, still in the neutral to weak zone. Short-cycle sympathetic excitation with long-cycle hypoperfusion—this is not full-cycle resonance but compensatory tachycardia. Chasing the price just by the increase is like looking only at heart rate without considering blood loss. The market needs precise diagnosis, not emotional treatment. Bollinger Bands are more direct: short-cycle price position is 114%, already exceeding the upper band by about 0.3%, with a 2.7% buffer above the lower band. The price is pushed outside the band, like a catheter tip pressing against a vessel wall; the pressure alarm has sounded—this is not healthy dilation. The mid-cycle position is 72%, with +3.5% from the lower band and +1.3% from the upper band, indicating the mid-cycle is not yet synchronously out of control; the short-cycle overpressure and mid-cycle upper position create a mismatch. Under this mismatch, the 2.12% intraday rise looks more like a transient intraoperative blood pressure spike and cannot be taken as myocardial contractility recovery. The sell signal has already been triggered, but I will not cut directly at the current price. Entry is set at the current price plus a 1.8% pullback confirmation level, allowing the conduction path to reveal itself before deciding the incision. Target 1 is current price minus 4.7%, target 2 is current price minus 3.4%; stop loss is set at current price plus 11.2%. The stop loss range is clearly larger than the proximal targets; this is the biggest risk of this operation: the tourniquet position is far, but the lesion is shallow, making the risk-reward ratio unattractive, so we must wait for the pullback and not short at the peak of tachycardia. 📉 Short: Entry: current price +1.8% pullback confirmation Take Profit 1: current price -4.7% Take Profit 2: current price -3.4% Stop Loss: current price +11.2% My judgment is clear: $ACH is short-cycle supraventricular tachycardia combined with long-cycle low perfusion; the Bollinger Band 114% overpressure signal is more trustworthy than the 2.12% rise; the incision for this operation is only at the current price +1.8% pullback confirmation level, and the lesion is not within the 2.12% rise.Regulatory concerns spill over to Asia, with the South Korean stock market unable to hold up first. The KOSPI was once circuit-broken, dropping by 8%, and the Korean side immediately announced measures to stabilize the stock market. Meanwhile, Bitcoin held steady around the $75,000 mark, not crashing in sync with the collective sell-off of risk assets, showing relative short-term resilience. Judging the bull-bear divergence: stock index panic stems from regulatory expectations, representing a dual shock of sentiment and policy; whether BTC can hold $75,000 is key. If it falls to catch up, it indicates that the risk linkage between crypto and tech stocks is still expanding. If it can hold or even rebound, funds may treat it as a safe-haven buffer. Regulatory tightening will first dampen overall risk appetite, then transmit to high-beta assets. In practice, focus on three points: first, whether Korean and US stock futures can stop falling; second, Bitcoin’s $75,000 support and trading volume; third, whether regulators issue specific rule texts. If the stock index continues to fall in a circuit-breaker style, the risk of BTC catching down will rise rapidly; if the stock index stabilizes, BTC’s independent rally is more likely to continue. Which scenario do you lean toward: the stock index stops falling first, or BTC catches down first? Source: CointelegraphThe blue wave has arrived, and the US stock market knelt first last night: The Democrats are not taking votes, but the power to investigate tech stocks! 1. The most critical thing about the Democrats sweeping Congress this time is the oversight power. At 18:08 on the chart, it has already named: Apple, Meta, and Musk's companies are on the investigation list; Amazon, Apple, Comcast, Meta, Microsoft, and Nvidia have also received inquiry letters, asking about donations to Trump's banquet hall. 2. Why is this scarier than tariffs? Tariffs are an open card and can be calculated; oversight power is a hidden card, investigating you for years, demanding a pile of materials, and holding hearings anytime. This means a policy risk discount must be applied to valuations first. The recent rise in US stocks relied on the profits of big tech and the AI narrative. Now that this leading group of stocks has been named, yesterday's bearish candle marks the start of this discount pricing. 3. How will the sectors be divided? Those closely tied to Trump will be hit first; Musk's group and the new computing infrastructure line are the most direct; the traditional big companies named won't die immediately but will be pulled back and forth repeatedly. Don't rush to buy just because someone has fallen a lot; first distinguish whether it's an emotional kill or a logical kill! What should we pay attention to next?👇 #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 It's not a fundamental problem but a policy risk repricing. Don't stubbornly hold on betting on a policy reversal. Don't be led by the emotions of the first day. Tonight when the data lands, we'll wait for the opportunity to enter the market. I will share my thoughts in the Fish General chat room then! $SNDK $BTC The most dangerous move in this market is not the decline, but the 4.68% rise itself. $AAVE now looks like a strong player in the midgame who seems to be delivering a check but actually has a weak back wing: a 4.68% surge in 24 hours, with the short-term RSI already hitting 70.4. Chasing more in the overbought zone is like abandoning the rear wing before the king's wing is closed. The long-term RSI is only 55.9, still in a balanced midgame, not a crushing endgame. The short-term Bollinger Bands position has surged to 132%, with the price piercing the upper band by about 1.1%, and still 4.9% buffer from the lower band, indicating an overextended formation; the mid-term Bollinger Bands are only at 66%, 2.8% from the upper edge and 5.8% from the lower edge, showing this wave is a short-term push, not a full-scale rise. My game plan is clear: the SELL signal is not to act immediately but to wait for a pullback to 97.99 before making a move. This level is 2.9% above the current price and is a typical baiting tactic; if the bears press here, the first target is 90.03, 5.5% below current, which is the first endgame line of the midline retracement; further down is 87.10, 8.5% below current, which is the core level to recover the overextended chain. The stop loss is set at 109.29, 14.8% above current; if the price forcibly rises, this bearish setup is considered lost on the spot, no adding positions, no fighting on. 📉 Short: Entry: 97.99 (current price +2.9%) Take Profit 1: 87.10 (current price -8.5%) Take Profit 2: 90.03 (current price -5.5%) Stop Loss: 109.29 (current price +14.8%) This game is not about who moves first, but who calculates the second layer of change after the pullback first. My judgment: $AAVE's first move is an illusion; the counterattack is the main theme. No action before 97.99, no talk of endgame before 87.10.$ZEC | 4H MARKET SETUP Current Price: 1,312.71 ZEC is showing positive momentum with a 2.49% gain. Buyers need to maintain bullish structure to support further continuation. SHORT: Bearish 1H CHoCH followed by a confirmed 4H support breakdown. LONG: Bullish 1H BOS followed by a successful 4H resistance retest. Watch for sustained buying pressure.#ModernaQ3VaccineSales #"CLARITY Act" Progress Stalled, SEC Regulatory Authority May Expand I sighed when I saw this news: The "CLARITY Act" is stuck in the Senate. After the midterm elections, with the Democrats controlling both chambers, House Democrats are discussing new legislation on the crypto market structure — possibly shifting some crypto activities originally regulated by the CFTC to the SEC, while also strengthening DeFi regulation, investor protection, and conflict of interest restrictions. In short, the clear regulatory path that the crypto industry spent big money lobbying for has been overturned by an election. My interpretation is: this is not a short-term negative for the crypto space, but a shift in the medium- to long-term narrative. What was originally expected as "legislation granting licenses" is now turning into "SEC expanding authority, enforcement replacing legislation," which will increase compliance costs and litigation risks. Coupled with last night's sharp drop in U.S. stocks and the delay of Anthropic's IPO, the market is currently hit by both macro liquidity and regulatory expectations, making it difficult for high-beta assets like BTC to have an independent rally in the short term. BTC is currently around 75,000, with only 20 minutes left until the 21:30 Nonfarm Payrolls release. I remain out of position. My approach: with regulatory news and Nonfarm Payrolls coinciding, volatility tonight will be very high; if 75,000 holds, I will watch, if it breaks, look down to 73,000. No new positions before the data release; I will decide whether to enter after two candlesticks complete. The above analysis is time-sensitive; please stay safe. $BTC $ETH $SNDK $BTC $ETH The sharp sell-off in US tech stocks is being linked to tighter AI regulations, but could that simply be a convenient explanation for a much bigger market correction? A few things deserve attention: 1️⃣ Data center restrictions in Texas don't mean AI expansion has stopped across the entire US. 2️⃣ Democratic lawmakers discussing stricter AI regulations doesn't mean those proposals will immediately become law. 3️⃣ Institutional selling is another major concern. Companies like Micron (Any building supported only by temporary scaffolding will collapse faster the higher it rises. The 5.43% surge of $DOGE in the last 24 hours looks to me like a facade rendering without any load-bearing walls. Let's first look at the foundation. The short-term RSI has reached 67.9, close to the overbought red line, while the long-term RSI is just hovering at 50.3 — this means the upper structure is being built frantically, but the foundation underneath hasn't kept up, a classic case of top-heavy and bottom-light. The Bollinger Bands mid-term price position has already pushed to 92%, with only 0.7% clearance to the upper band, while the deviation from the lower band is as high as 8.4%. The whole structure resembles a cantilever beam stretched to its limit, with all the stress concentrated at the top and no buffer zone for fallback. Even more dangerous is the short-term Bollinger Bands: price position at 72%, only 1.0% from the upper band and 2.6% from the lower band. This compression ratio indicates this is not a trend extension but scaffolding clinging to the wall — it looks stable but will collapse as soon as the scaffolding is removed. On my blueprint, this is a repeatedly patched section failing construction quality. The signal side has already shown SELL: RSI1H broke through the 64 threshold. This is not noise; it is a red card warning from the structural engineer. So my countermeasure is reverse casting: do not enter this high cantilever section, wait for it to fall back and re-solidify the foundation. Entry is set at $0.08, 3.4% above the current price — wait for it to finish this last inflated surge, then I will short using its selling pressure; Take profit 1 at $0.07, down 4.9%; Take profit 2 at $0.07, down 7.7%; Stop loss at $0.08, tolerating 14.3% structural error. 📉 Short: Entry: $0.08 (current price +3.4%) Take Profit 1: $0.07 (-4.9%) Take Profit 2: $0.07 (-7.7%) Stop Loss: $0.08 (-14.3%) The design can be drawn beautifully, but load calculations never lie. This beam cannot hold.#AAOIQ3 revenue increased by 128% year-over-year, hitting a record high for six consecutive quarters. The earnings report just came out, marking the sixth consecutive quarter of record revenue, with AI optical module demand doubling — yet yesterday the entire chip sector plummeted, and it was dragged down by speculative sellers. I directly bet on a rise after the earnings report. Why? Look at its fundamentals: data center products are selling like crazy, 800G and 1.6T optical modules are being massively expanded in production, with monthly capacity expected to reach 650,000 units by year-end. This is not hype; there are real orders and real performance. Yesterday's chip stock crash was due to Qualcomm's earnings shock and fears of AI regulation with the Democrats in power. But AAOI, an optical module company, is a different story from mobile phone chips. The demand for AI data centers remains solid and won't disappear just because Qualcomm's phone sales are poor. In short, yesterday's drop was driven by sector sentiment, not its own issues. Once the market calms down and realizes its earnings actually exceeded expectations, it will naturally recover.$ETH $ETH Are the bulls running naked? Just this? ETH dropped 7.74% in 24h, with 85% of the $209M liquidations being longs, getting crushed to the ground. But the funding rate is still positive at 0.0062%. You think the bulls are holding on? No, the bulls are running naked. Open Interest dropped 6.23%, indicating smart money has already fled, leaving those people still paying rent to the shorts. My judgment is: this bull stampede is not over yet. Last time I encountered a similar structure, I reduced my position by 30%, earning 8% less but avoiding liquidation. If you stubbornly hold now, you’re just feeding the exchange with your head. To put it plainly, the bulls are counting money, the shorts are laughing. Still fantasizing about a rebound? Wake up. #非农今晚揭晓,美股大跌后市场如何押注12月加息? #美国新旧国会交接或影响美伊局势 #比特币承压,ETF近7日净流出约11亿美元 #非农今晚揭晓,美股大跌后市场如何押注12月加息? Regardless of whether tonight's nonfarm payroll data is a surprise or exceeds expectations, global assets will most likely experience a wave of replenishment and rebound recovery; this logic is actually very solid. Let's first look at the external environment: last night, the US stock market took a heavy hit, with the Nasdaq and semiconductor sectors plummeting, and Bitcoin nearly losing its $75,000 support. The sentiment is so suppressed, like a spring compressed to the extreme, inherently demanding a strong oversold rebound. The nonfarm payroll data will be released tonight at 21:30. Regardless of the data's quality, it essentially provides the market with an outlet for "bad news fully priced in." If the nonfarm data disappoints, falling below the expected 60,000, it indicates that the US job market is struggling, and the tightening grip of December rate hikes may loosen. US Treasury yields would fall, naturally flowing capital into risk assets, leading to a global stock and crypto market rally. If the data is exceptionally strong, even if rate hike expectations rise, the market will comfort itself with "the economy is not in recession," and given the severe prior drop, bears definitely won't hold their positions stubbornly here. This will likely trigger a wave of short-sellers taking profits and liquidating positions, causing a stampede exit, which could actually push prices upward. Looking at the crypto market, BTC is holding firm at 75,000. This recent drop was all panic selling, and the trapped positions above haven't reached complete despair yet. Once the macro shoe drops, if some sidelined funds move slightly, combined with short-covering in the futures market, it’s easy to pull off a decent rebound. But it’s just a rebound! Not a reversal! $FLR Fluor order increase: Why might it not immediately improve cash flow? Fluor is included in the Friday earnings calendar. Engineering contracts require design, procurement, and construction phases before revenue is gradually recognized; fixed-price contracts may also bear risks of cost increases and delivery. Backlog orders do not equal risk-free profits. If order quality improves and collections align with execution, future profits have a stronger basis; if project costs overrun and working capital usage rises, mere order growth is insufficient to boost valuation. Just reviewed the performance of several major coins over the past month. To be honest, none of them look good 😂 BTC dropped about 7.6%. ETH fell around 16%. XRP dropped about 15%. SOL was the worst, nearly 18%. So if you've recently felt: "Why do the coins I watch keep underperforming every day?" It might not be just your imagination. And the most interesting thing is, BTC is actually the most resilient among them. In the past, when the market weakened, many people's first reaction was: "Will altcoins catch up?" But now, with this data out, I actually think we shouldn't rush to think about who will catch up. Let's first see who can stop falling behind. In this kind of market recently, surviving longer than others is itself a kind of strength 😂 #BTC #ETH #XRP #SOL #CryptoCommunity Long positions of 342 $BTC, floating loss of 17 The spot positions of large holders are much larger than the leveraged positions Where does this money come from: 59.84% in $BTC spot, 40.16% in $ETH Leverage is just an additional layer on top How is this number calculated: two long position margins totaling 80 $BTC The average leverage inferred is less than 1x, the main part is held by spot A 20% drop at 4.5x leverage results in losses on the margin portion Still far from forced selling For long-term holders, this pullback is just a paper loss The leveraged part is really gone, but the spot is still there #比特币承压,ETF近7日净流出约11亿美元 $BTC $ETH $ONE is currently fully unlocked. The last major surge was on September 16. Today, the open interest (OI) has doubled, with a current market cap of 37 million. The total network OI is 20 million, with a long-short ratio roughly 1:1. Smart money long-short coin ratio is 1:4. The historical lowest point was 0.0006. It has already been recommended to build positions in small batches for long. If it doesn't surge this time, it will probably surge once in the next two months.At 9 PM, just finished dinner, casually checked the market, BTC is still struggling around 76000, ETH dropped over 6%, while ZEC is fluctuating around 1300 USD! Looking at the liquidation heatmap, the market seems to be brewing a new round of volatility. First, $BTC: 75982 USD, down 4.69% US tech stocks faced concentrated sell-offs, over 1 billion USD of bullish leveraged positions in the crypto market were liquidated, and spot ETF funds have not shown significant improvement. The heatmap shows a dense liquidation zone near 75000, with clear resistance between 77000—78000. Short-term focus on 75000 support; if broken, watch for a dip to 73000. Next, $ETH: 2237 USD, down 6.61% ETH's decline exceeds BTC's, market risk appetite remains weak. The heatmap shows a dense liquidation zone near 2200, with strong resistance above 2300. Short-term focus on 2200 support; only a firm rebound above 2300 offers a chance for recovery. Finally, $ZEC: 1302 USD, up 0.12% ZEC's NU7 upgrade has been activated, reducing block time from 75 seconds to 25 seconds, improving privacy payment efficiency. However, the positive news has not led to sustained gains. The heatmap shows dense liquidation near 1340, with support at 1290 below. A few final words: BTC is weak, ETH under pressure, ZEC has positive news but hasn't broken through. Dense liquidation zones do not necessarily mean the price will reach those levels; what matters now is confirming a bottom. #AAOIQ3营收同比增长128%,连续六季创新高 24-hour Greed and Fear Index: 27, major coins all retreating, market is in the fear zone! 📊 Core asset 24-hour data: ✅ $BTC current price 76000U, down 4.75% in 24 hours, long positions 47.34 billion (48.83%)|short positions 49.6 billion (51.17%) ✅ $ETH current price 2237.09U, down 6.77% in 24 hours, long positions 27.58 billion (48.34%)|short positions 29.47 billion (51.66%) ✅ $SOL current price 90.22U, down 5.23% in 24 hours, long positions 4.12 billion (48.39%)|short positions 4.39 billion (51.61%) Core analysis: Market sentiment is declining into the fear zone, with the three major mainstream shorts slightly dominant, short-term selling pressure is still being released. Market volatility is relatively high with a significant risk of spikes; leverage must be strictly controlled in operations to avoid blind bottom-fishing.A worrying thought crossed my mind today: what if Democrats take control of both chambers of Congress? Could this create another major challenge for the crypto industry? The biggest concern is regulatory uncertainty. If the crypto bill remains stalled, its progress could face further delays, creating more uncertainty for the market. For $BTC , the bigger question is what happens after the Trump administration leaves office. Will institutional support remain strong, or will capital continue flowiLast night's sharp drop triggered a flood of various market rumors! There are rumors that a wallet linked to Trump transferred about $346 million worth of Bitcoin to exchanges, sparking concerns about potential sell-offs and further intensifying panic. Following that, the US stock market opened with tech stocks and memory chip sectors collectively plunging, and selling pressure continued to spread. Liquidations in the past 24 hours reached as high as $1.248 billion, with long positions being the main victims! A 6% surge one day, followed by a 10% plunge the next—market sentiment and leveraged trading have become very apparent these days. The more intense the volatility, the more important it is to control position sizes and patiently look for opportunities. Tonight's non-farm payroll data is about to be released, with the market focusing on employment performance and the Fed's subsequent policy expectations. If the data meets market expectations, a short-term sentiment recovery is possible, and there could be a rebound over the weekend. Additionally, Wanwan has observed that recently, the relatively resilient altcoins mainly include $ZEC, $UNI, and $PEPE Said it would break below 76,326 and to exit first, but today it directly crashed to 75,208..... US semiconductor stocks cut 12% in one day, spot ETFs saw an outflow of 430 million on Thursday, yet the OKX long-short account ratio climbed to 2.99. More people are catching the fall!? Tonight at 21:30 is the Nonfarm Payrolls. I’m watching 75,208; don’t stubbornly catch if it breaks below. It’s not recommended to chase longs before it stands back above 76,326 #美股遭大幅拋售:費城半導體指數創2020年3月以來最大單日跌幅 CARDS one day -24.6%, one week only -8.6% Total market cap 24h -8.3%, $CARDS dropped to 0.228 USDT, 24h -24.6%, falling much harder than the overall market. According to reports, Solana's event in Shanghai was stopped due to unauthorized promotion. CARDS 7-day is -8.6%, the drop is significantly less than the 24h -24.6%, indicating the price 7 days ago was even lower than 24h ago. I double-checked these two numbers, the contrast is quite striking. 24h high 0.3054 USDT, low 0.2109 USDT. The current price is in the lower part of the range, much closer to the low than the high. $SOL 24h -5.2%, $ZEC 24h +1.1%. Compared to these, CARDS dropped the most, while ZEC is still up. CARDS 24h trading volume 3.57 million USDT, ranked 44th. With such a small volume, I’m staying away from it today. $DOOD is the token of the established NFT project Doodles, issued in 2025. After issuance, it has been steadily declining, with a market cap now only $14 million, a fraction of its all-time high. More than ten days ago, a major event occurred: without any official news, it surged nearly 3x in two days, with a single-day trading volume of $640 million, 45 times its entire market cap. The money came fast and left even faster: it dropped back to the original level in four days; Korean funds then pushed for a second wave, but it fizzled out before reaching the previous high, halving again in ten days, crashing to 0.00157 last night. Today is the first rebound after bottoming out: it climbed back to 0.00176 for the whole day, +10%, with small gains generally in the same sector. But the trading volume is only a fraction of the peak, indicating a rescue by existing holders, with no new money. There is also the looming risk of the treasury: about 690 million tokens were previously transferred to exchanges, accounting for nearly 7% of total supply. In this market, the first day of a rebound is the easiest to deceive. The main holders start discounting once it hits 0.0019-0.0020; only if it breaks and holds above 0.0020 with volume can a second wave be discussed. The verification point is in the next two days: can the intraday high of 0.00183 be broken with volume? If yes, the rebound upgrades; if not, it remains an oversold bounce, and if it falls below 0.0016, last night's bottom will need to be tested again.$SOL watchlist: I see a bounce setup, but I’m not taking it before the jobs report. Why I like it: 90 held on the daily this week, the invalidation is clear (daily close below 88), and TP1 (97.5) sits at the daily 20 EMA zone. Why I’m waiting: the weekly is still under its EMAs, and the data in 30 minutes can move this several percent either way. If 90–92 holds after the print: TP1 97.5, TP2 102. If 88 goes, the idea is dead. NFA. Would you enter before the data, or wait?$BTC | 4H MARKET SETUP Current Price: 76,037.0 BTC is trading with limited momentum. The market remains near a decision point, requiring confirmation before the next directional move. SHORT: 1H bearish CHoCH followed by a confirmed 4H support breakdown and retest. LONG: 1H bullish CHoCH followed by a 4H resistance reclaim. Focus on liquidity and volume confirmation before entry.#AAOIQ3RevenueUp128% Brother 800, after losing so much, do you have nightmares when you sleep? Last night we could still see you $SNDK 1377 profit over 30,000u, cost 1223 $SOXL 108 profit over 300,000u, cost 80.61 $SKHY 157.12 profit about 50,000u, cost 134.62 The account shrank from over 10 million u to over 6 million u. #SanDisk Q1 revenue up 378% YoY, Q2 revenue guidance strong Originally, the market was unanimously optimistic about SanDisk's earnings report, expectations were high, a large amount of funds were waiting quietly for the earnings release to push prices up, and market sentiment was also bullish. No one expected a sudden black swan event, the wallet incident shocked global risk assets, and the semiconductor sector faced a collective stampede. In front of the main funds, retail investors' expectations were almost an open book. The originally expected earnings benefits were no match for systemic panic; the positive news instead became a pretext for funds to sell off. This time it is not a collapse of individual stock fundamentals, but the overall market risk appetite being continuously suppressed, with negative factors piling up. Many thought it had bottomed out, but in fact it was just halfway down the decline. In the current market, controlling your hands is the top priority, prioritize staying out of the market and watching, wait for this round of panic to fully release and the sector to truly stop falling and stabilize, then redeploy opportunities. Don't rush to enter and catch a falling knife; in this kind of market, patience is far more valuable than the positions you hold. #DailyOrbit The non-farm payrolls report is the most important monthly macroeconomic data influencing the Ethereum market. The core logic is that it changes market expectations for Federal Reserve interest rate cuts, which drives fluctuations in U.S. Treasury yields and the U.S. dollar index, thereby affecting the liquidity of risk assets. Ethereum tends to be more elastic and often reacts more intensely to interest rate expectations than traditional stock indices. If the non-farm employment data exceeds market expectations, it indicates strong resilience in the U.S. labor market. The market will lower its expectations for rate cuts, causing U.S. Treasury yields and the dollar to strengthen simultaneously. This leads to a contraction in risk appetite, and ETH is likely to face downward pressure. Coupled with concentrated liquidations in the leveraged contract market, short-term selling pressure will be further amplified. If the non-farm data falls short of expectations, signals of weakening employment will boost easing expectations. U.S. Treasury yields will decline, the dollar will weaken, and risk appetite will rise, often triggering a sharp rebound in ETH. When analyzing non-farm data, one should not focus solely on the number of new jobs added. Wage growth, unemployment rate, and revisions to previous data often cause greater volatility. Wage data is directly linked to inflation and is a key indicator closely watched by the Federal Reserve. In most cases, the impact of non-farm data is just a short-term emotional shock, often resulting in a "buy the rumor, sell the fact" scenario. To achieve a sustained one-sided trend, internal factors such as Ethereum ETF fund flows, sector narratives, and contract positions need to resonate together. A single non-farm report alone is unlikely to change the existing trend. BTC breaks below previous low, mid-to-long-term bottom range and key support Daily-level correction is not over yet. Below, combined with market structure, we analyze mid-term and smaller cycle trends. 4H/1H levels: Yesterday's rebound was misleading; the 75736~81196 rebound did not form a new mid-level pivot. Today it broke below the previous low, and the 4H correction continues. Short-term core support is 74000-75000; stabilization here may form a new structure. If lost, look down to 72500 or even 70600, matching previous daily-level correction targets. The 15-minute chart is currently in the second rebound wave; if it cannot break through 78800, another round of decline will follow. ETH market trend is weak; a short-term break below 2174 will confirm the 4H-level daily fifth wave down. The market will likely continue several days of oscillating correction; short-term support is at 2030, with extreme scenarios testing the 2000 level. If today's 15-minute rebound cannot hold above 2400, adjustment risk remains. #ModernaQ3财报将揭示疫苗销售趋势 Mid-to-long-term cycles $BTC $ETH Short-term corrections do not change the major bullish trend. This pullback is a consolidation and chip rotation after a big rise, a normal weekly/monthly correction. Large-scale corrections trade time for space; 70600-74000 is a dense zone of strong mid-term support. A daily-level bottoming pattern is a good opportunity for mid-to-long-term positioning. Short-term volatility can interfere with judgment; focus on weekly stabilization signals for mid-to-long-term, hold patiently, and the upward trend remains unchanged.A friend asked me to move $ETH from the mainnet to layer two Said the fees are cheaper over there I didn’t rush after hearing that First, I went through tutorials for several bridges The more I looked, the deeper it seemed Some pages looked exactly like the official site Only one letter difference in the domain name I stared carefully for a long time to avoid clicking wrong The first time I bridged, I only dared to transfer a tiny amount Double-checked the network and address several times My palms were a bit sweaty during those few minutes of confirmation Only relaxed after the funds arrived Later, I tried another route with $USDC The process was similar But fees and waiting times were different I took notes to compare $ARB arrived faster I still didn’t dare to transfer everything at once Split it into two transactions Kept some on the original chain In case the bridge has issues, not everything gets stuck Now whenever I cross chains I always say start with a small amount Then check the domain and contract address Don’t mind the hassle Bridges are convenient But one wrong click can cause a big headache#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 #美国新旧国会交接或影响美伊局势 #比特币承压,ETF近7日净流出约11亿美元 $AKE surged to 0.0057 then got slammed, 15-minute death cross! Don't rush to catch the falling knife Brothers, look at the latest 15-minute chart, this rally from 0.001888 shooting up like a spring onion, after touching the high of 0.005740, is clearly a bit "weak." Now the price has fallen back to around 0.0050 and is dithering. I know many are itching to jump in after a more than 90% gain in a day, but listen to me: now is really not the time to blindly rush in: · 15-minute MACD death cross at high level: Look at the indicator at the bottom, DIFF and DEA have formed a death cross, red bars turning green (STICK: -0.000125). This is like a car climbing a hill suddenly easing off the gas, short-term momentum is fading, entering now is very likely to buy in at a mid-pullback. · Volume contraction and sideways trading, the main force is watching: Look at the volume in the middle, during the rally there were huge volume bars one after another, now the price is oscillating at a high level but volume has clearly shrunk. This indicates that chasing funds have become cautious, the main force is most likely using this opportunity to shake out or quietly sell off. #IREN加速转型AI云,业务收入环比增长182% $AKE $AKE $BTC pierced the 76,000 support! Cross-asset panic resonance, bulls suffer consecutive liquidations In the past 12 hours, Bitcoin rapidly plunged, breaking through the $76,000 mark intraday, with a 24-hour maximum drop approaching 6%. This plunge is not an isolated crypto market crash but a cross-market contagion triggered by the mass flight from risk assets on the US stock market's Black Thursday: the Nasdaq plunged over 5.5%, the Philadelphia Semiconductor Index plummeted over 12%, and the AI chip industry chain faced indiscriminate valuation cuts. On the news front, the US midterm elections saw the Democratic Party take both chambers of Congress, forcing the market to urgently reprice two major risks: increased regulation of the AI industry and reduced capital expenditure by tech companies, while regulatory uncertainty for crypto assets simultaneously rises. Coupled with the Federal Reserve's hawkish statements, the market began pricing in the possibility of a rate hike in December, putting collective pressure on high-risk assets. On the charts, the correlation between BTC and the Nasdaq surged sharply, with the 30-day correlation soaring to 0.68. Bitcoin has completely transformed into a high-beta risk asset, no longer possessing independent safe-haven properties. The derivatives market is bleeding heavily, with over $1 billion in crypto derivatives liquidations across the network in 24 hours, 88% of which were long positions; BTC open interest contracts quickly fell from $28 billion to below $26 billion, as crowded leveraged longs were concentratedly liquidated, and chained forced liquidations further amplified the downward momentum. The short-term trading focus: whether 76,000 can be quickly reclaimed is the dividing line between strength and weakness, with resistance zones between 78,000 and 80,000. If the tech sell-off in US stocks continues, BTC is highly likely to continue probing lower for new support. Bullish on #$AKE Bullish on the AKE contract cannot be based on ignoring structural risks. The token structure of AKE is a typical "high FDV, low circulation": total supply of 100 billion tokens, with only about 22.8% in circulation. There is a multiple-fold gap between FDV and circulating market cap, and around November 21, about 2.1 billion tokens will be unlocked, accounting for approximately 9% of the circulating supply. On-chain chips are highly concentrated, with front-row addresses having a very high degree of control, which causes short-term price fluctuations of the contract to be driven more by leverage and chip games rather than smooth fundamental pricing. Therefore, the bullish view here is not that "AKE will not fall," but rather that "at the current position, the odds of going up have started to significantly outweigh the risks of going down." After experiencing extreme liquidation, the cost-effectiveness of continuing to short naked is decreasing, and once the bulls get a catalyst, the elasticity will be sharply amplified by the low circulation structure. Exactly the question — AI panic hit chips first, then it spilled into crypto. $BTC fell with stocks because risk-off is risk-off, no matter the asset. But $75K is holding so far: support $75,000, resistance $76,873. If stocks stabilize, $BTC leads the relief bounce. Are you buying this dip or waiting for $75K to prove itself? #Bitcoin #BTC #ChipStocksFallOver12%If you are preparing to put some money on Robinhood Chain, this chapter first answers the most straightforward question: What exactly can be held on-chain, where is the money actually located, where do the returns of each asset class come from, what are the risks, and how quickly can you exit. The money is not where you think it is. When people mention Robinhood Chain, most think of stock tokens: a U.S. brokerage bringing Apple, Nvidia, and the S&P 500 onto the chain, allowing anyone from any country to trade 24/7. The on-chain ledger tells a different story. On November 2, 2026, the chain's total value locked (TVL) was about $1.083 billion, with on-chain stablecoins around $1.045 billion. Among these figures, the largest single use is stablecoin lending: the lending market on Morpho locks about $620 million, of which about $520 million comes from the same treasury. Robinhood disclosed in its 10-Q that as of September 30, the total fair value of all publicly issued stock tokens it issued was only $185 million. In other words, this chain, famous for stock tokens, primarily holds dollars, not stocks. This contrast determines the focus of this book. An investor can roughly do eight types of things on this chain. We will first lay them out on a map and then explain what kind of money each earns. Eight types of assets: 1. Stablecoins: USDG and USDe On-chain stableThe crucial Nonfarm Payrolls report is coming tonight! The market expects an increase of 65,000 jobs, up from the previous 29,000. This data will directly shake the entire market tonight. If the data is significantly stronger, the dollar will rise, and risk assets will come under pressure and fall; If the data meets expectations, there will likely be a spike followed by a pullback, with bulls and bears repeatedly shaking out positions; If the data is clearly weaker, the dollar will weaken, providing a rebound opportunity for assets like SNDK and BTC. Nonfarm market volatility is extremely wild, with false breakouts and rollercoaster moves being the norm. Do not take heavy positions betting on one side prematurely. Be patient and wait for the data to be released, observe the true direction of capital, then follow the trend accordingly. Beware of being stopped out by back-and-forth swings! #AAOIQ3营收同比增长128%,连续六季创新高 $BTC BlackRock deposited another 1,883 coins to the exchange, worth $143 million BlackRock deposited 1,883 BTC to Coinbase Prime through IBIT, valued at $143 million, equivalent to $75,942 per coin. What do we make of this news? Here's the conclusion first: this is not good news, but don't be scared. Why is it not good news? BlackRock depositing coins into Coinbase Prime is part of the ETF redemption process. Depositing means shares are being redeemed, which means someone is selling the ETF. And this is not the first time. IBIT has been flowing out these days; on November 3rd alone, $95 million flowed out, accounting for 82% of the total $116 million Bitcoin ETF outflow that day. Today, another 1,883 coins were deposited, indicating redemptions are ongoing. But why shouldn't you be scared? ETF subscriptions and redemptions are routine operations. The coins deposited are not necessarily going to be dumped immediately; often, it's just custody transfers. The real signal is in the ETF's daily net inflow, not in single transfers. So how to view it now? Beichen thinks the key is tonight. At 21:30, the Nonfarm Payrolls report will be released. If the data is poor and rate cut expectations return, the selling pressure from these 1,883 coins will be absorbed by buyers; if the data is good and rate cuts are off the table, this $143 million will be solid selling pressure. In terms of action, don't chase shorts or longs, just wait for the Nonfarm. #非农今晚揭晓,美股大跌后市场如何押注12月加息? You teachers keep saying that US stocks never trap people... Indeed, they don't trap people, they just cause liquidation. So what's the point of trapping? You keep shouting to buy Micron and SanDisk every day—is there something seriously wrong? Micron dropped from a high of 1250 to 650, which is only a half retracement. You have been calling the bottom from 950, and even from last year's low, there are still many times profits. Americans hold all the low-priced chips, and the teachers are leading Chinese investors to take the dump 😂. This wave probably caused 60% of the crypto community to quit. I’m done with Intel, this shady company. I got stopped out last night after a sweep. I won’t touch products outside my own field anymore. When US stocks fall, they are even more brutal than knockoffs. Just make money within your own understanding. $ETH ETH dropped directly from above 2440 to around 2200, just like Bitcoin. The rebound is contract-driven; the spot market didn’t follow, so the drop is especially smooth. 2200 is the support to watch now; if broken, look at 2000. Above 2300 is resistance. After failing to hold the 50-day EMA at 2410, the short-term structure is already bearish. $BTC This rally was weak from the start. When it broke 81000, open interest only increased by 0.3%, clearly pushed by short covering, not spot buying. After the shorts are squeezed out, the bulls become the next batch to be liquidated. That’s why I firmly told you to hold your short at 79400. There’s still a lot of long liquidation pressure around 75000, so there’s a high probability of another down wave. Around 77300 above, there is short liquidity; a rebound to near 77300 may trigger it.$BTC closed down 5.5% yesterday, and some think it should calm down today. In nearly 300 trading days, there were 9 times with a close down ≥4%: on the next day intraday, 9/9 times it probed at least 1% lower, 7/9 times it probed ≥2% lower, with an average further probe of −3.0%. Today during the day it’s already −1.0%, and the nonfarm payroll at 21:30 hasn’t arrived yet. The most expensive point on the day after a big bearish candle is not the opening, but after you think it’s over. Not investment advice|OKX BTC-USDT daily chart #非农今晚揭晓,美股大跌后市场如何押注12月加息? The White House's schedule these days doesn't look good. On Wednesday and Thursday, there are two consecutive meetings with the topic of resuming military actions against Iran. At the same time, Central Command is completing related preparations but clearly states it has not yet received new orders from Washington. What really deserves attention is not whether to strike or not, but a detail brought up in the meetings: November 9th in the Middle East coincides with a new moon night, meaning the night sky has no moonlight, which is favorable for military operations. The operational window is specified to a particular day and chosen based on astronomical conditions, indicating this is no longer just a theoretical exercise. So why did the crypto market drop first? Because $BTC is currently priced as a high beta risk asset, not digital gold. The path is clear: geopolitical tensions push up crude oil prices, crude oil raises inflation expectations, inflation suppresses room for rate cuts, liquidity tightens, and the first to be hit are the high beta assets. $ETH and $SOL have even higher beta and greater volatility, so they fall sharply and won't be slow to rebound. But pay attention to the phrase "no new orders received yet." Preparation does not equal execution. The market usually prices preparation as a one-time pulse, but execution leads to continuous repricing. So this drop now looks more like sentiment running ahead rather than a confirmed trend. One point to consider: before such news truly materializes, crude oil and the US dollar index will move before the crypto market. If oil prices don't react, the crypto decline is just leverage changing hands; if oil prices jump first, that is a real risk repricing. Watch the sequence first, then discuss the direction.US stocks evaporated $3 trillion overnight — Nasdaq -5.52% in a day, S&P -4.36%. When stocks lose $3T, $BTC can't hide — it's still pinned near $76,100. Support: $75,000. Resistance: $77,770. My take: this is a stocks-led selloff, so watch the Nasdaq open before calling BTC's bottom. Stocks lead or BTC bottoms first? 👇 #Bitcoin #BTC #CryptoWall Street is in chaos, with stock groups being mercilessly sold off. $AAPL $NVDA $MSFT After the Democrats won the midterm elections, the market began to worry about how policies will affect the AI investment wave. Not just cryptocurrencies, even the US stock market has completely fallen, haha. Either the Democrats don't like AI, or the market just wants an excuse to sell.🚨 Three Meme coins, three different stories, who is the real winner? In the crypto market, some lose money while others seize opportunities. Now, $ARB, $PEPE, and $DOOD are attracting investors' attention with different market narratives. Let's take a look at the opportunities and risks behind them.👇 🔹 $ARB – The story of reduced supply The community has passed a staking proposal to lock 100 million ARB tokens. A reduced circulating supply may bring positive sentiment, but whether the market will truly rise because of this remains to be seen. 🐸 $PEPE – The power of Meme hype Reports say Justin Sun has become the largest individual holder of PEPE, with holdings worth over $50 million. Coupled with a technical rebound after overselling, PEPE is once again attracting market attention. However, the hype may come quickly and fade just as fast. 🎨 $DOOD – NFT ecosystem rotation As the Doodles ecosystem gains more attention and NFT-related funds rotate, DOOD is also entering investors' sights. But without sustained fundamental catalysts, price volatility remains a concern. My biggest personal insight is: I have experienced Meme coin liquidations in the past, which changed my trading approach. Now, I prefer to observe market hype rather than blindly chase gains. #DailyOrbit SNDK|Recovery rebound after a sharp drop, the key lies at this line SNDKUSDT, 15-minute chart review. After a rapid sell-off earlier, the lowest hit 793.7. Once the panic selling was exhausted, a wave of consolidation and recovery followed. The current price is 889.8, with a 24-hour increase of 6.84%. This wave is an oversold rebound, not a direct trend reversal. The short-term moving averages MA5, MA10, and MA20 have converged, with bulls and bears battling here. Key levels: ✅ First resistance: 901.7, the most critical current level. Whether it can hold above this will determine if the rebound can continue; the next strong resistance is the previous high at 981.7. ✅ First support: 877.7, followed by the SuperTrend defense line at 871.7. If broken, the rebound pace will slow, and the price may retest the lows. Market outlook: Holding above 901.7 gives bulls a chance to expand upward; If pressure near 901 causes stagnation, a pullback is likely, with priority on testing the support strength at 877. The storage sector is highly volatile, and the rebound is very much a battle. Focus closely on 901 as the watershed level.