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$CRCL Preview Post: Earnings exceeded expectations, if it spikes crazily after the open, I'll reduce some positions
The reason is USDC hasn't really grown much, I check the data every day, I don't know how it exceeded expectations, plus with the Democrats in control, the crypto bill might face obstacles, and Binance's 10/30 aftershocks will continue to have an impact
My cost is 75.7, Lunch Teacher is 82, planning to keep lowering the cost to increase my chances
I even caught the recent low of 71 🤣 $XRP just finished a smoke, and when I switched back to the chart to see these three XRP images, I almost got ash burned on my hand. This chart really takes the word "split" to the extreme!
【Hardcore review of this "extreme divergence"】：
Look at the 15-minute chart (Image 1), from 1.2412 sharply pulled back to 1.2792, it looks like a deep V reversal. But look at the MACD below, the red bars are shortening, a high-level death cross has appeared, and the momentum is clearly lagging.
【Unique insight: deadly "hacker hanging sword" vs. crazy retail investors】
Focus on the information in Image 3! AI summarizes the clear tip: In the Binance 6.3 billion hacker attack incident, 233 million XRP was stolen, and the hacker still holds the chips! This is a nuclear bomb that can smash the market at any time.
But what's ridiculous is that Image 2 shows that bullish accounts are as high as 73.12%! Retail investors are frantically bottom-fishing, and some in the community even fantasize "XRP will rise to $1810 by 2027." These people probably don't even realize the hacker's scythe is already at their necks.
【Macro logic】：
Liquidity is already tight during the election period, plus this huge stolen potential selling pressure, XRP is now a powder keg ready to explode at any moment.
【My advice】：
Use the harshest negative news to kill the most stubborn retail investors. With 73% of the bulls backing below and the hacker's potential selling pressure, the main force absolutely cannot push the price up. Don't catch the falling knife! Wait for the hacker's market smash news to land, or wait until this over 70% bullish crowd is completely washed out, then consider right-side opportunities. Stay out to survive!#Circle财报在即，稳定币增长能否兑现收益？ #美国中期选举：民主党赢得国会两院控制权 Trump's midterm election loss is quite thorough.... The crypto market is probably going to crash again
Midterm election counting is underway, with the Democrats currently leading by a large margin. The House of Representatives is basically secured, and the Senate is also flipping. This means House Democratic leader Hakeem Jeffries is very likely to become the new Speaker, gaining subpoena power in Congress.
And they have already stated: once in power, they will investigate three things👇
1️⃣ The Trump family's conflicts of interest
2️⃣ ICE immigration enforcement
3️⃣ The Epstein files
The most critical is the first point. Democratic lead member of the Oversight Committee Robert Garcia has already listed "Trump family business" as the top investigation target. Over the past two years, the family's financial sector arrangements, from World Liberty's $WLFI, USD1 stablecoin, to the recently preliminarily approved trust bank license, could all be thoroughly examined. This will be the Democrats' "reckoning moment" for Trump's financial empire.
For the crypto world, this hits the most sensitive spot. Over the past year, the biggest policy support for the crypto industry has been the White House. Now that Congress has flipped, regulatory expectations immediately change.
But it should also be said: historically, after midterm elections, the US stock market often performs well. With the White House and Congress controlled by different parties, major bills are hard to pass, making policies more predictable November 4 $ETH Market Update
Yesterday, we reminded to watch the support around 2220. This morning, the lowest dropped to 2225, close to that support level, then rebounded to around 2266, but the market has not yet stabilized.
On the 1-hour chart, there is obvious resistance near 2318. The second rebound to around 2310 failed to break through, with heavy selling pressure above. Although there is a rebound currently, the highs continue to decline, and the short-term trend has not strengthened.$SOL This is not just a shakeout, this is a ruthless mind game!
【Hardcore Review of this "Extreme Divergence Situation"】:
Looking at the 1-hour chart, it just pulled back from a deep V at 89.78 to 92.95, MACD barely formed a golden cross, but the MA60 (93.05) above is pressing down hard. The most outrageous is the data in chart 2: bullish accounts actually reach 75.19%! The long-short ratio is 3.03! Retail investors are frantically bottom-fishing.
But look at the info in chart 1, hackers are quietly swapping SOL for BTC, the selling pressure is extremely heavy! On-chain consumption data hits record highs but the market simply doesn't buy it. Fundamentals and price are seriously diverging; this 75% retail bulls are the "cash machines" in the eyes of manipulators and hackers.
Macro logic: Bitcoin is undergoing a deep V shakeout, Ethereum is still struggling at 2309, the overall market hasn't stabilized at all.
My advice: Use the clearest mind to guard against the most toxic bull traps. Rushing in to chase longs now is just handing chips to the hackers. Wait until this 75% long crowd is completely flushed out, or volume breaks and holds above 93 before considering. Staying out and watching is the best way to survive!#Báo cáo tài chính của Circle sắp ra mắt, liệu sự tăng trưởng của stablecoin có thể hiện thực hóa lợi nhuận không? At present, it looks like the $BTC daily chart is pretty much as I estimated, with a long downward wick, but the only shortcoming is that this wick didn't directly reach the daily 120 moving average level I mentioned!
Then on the $BTC 15-minute candlestick chart, there have been consecutive big bullish candles. It seems the midterm election vote count is somewhat settled. As I said before, don't try to predict which party will win; you just need to know one thing: #Báo cáo tài chính của Circle sắp ra mắt, liệu sự tăng trưởng của stablecoin có thể hiện thực hóa lợi nhuận không? $AAPL Damn it! $AAPL
/USDT this round of shakeout is really brutal, at the 335.44 level the manipulator is aggressively dumping money, clearly up to no good. Looking at the candlesticks, the support below is not weak, there’s unusual capital movement, damn, isn’t this a classic case of stealth accumulation?💡
My idea is simple: lightly position near 335.44, set stop loss below 328, don’t be greedy, control your position size. This kind of pure technical play is all about who has a bit more patience than the manipulator.🔥
If you want to follow, check the token market card below for order book info, don’t chase highs, just enter quietly. Do you dare to squat with me this round?👇👇👇
Content is only my personal review, not investment advice, control your position size and always use stop loss. $MSTR
If Bitcoin stabilizes, should MSTR rebound proportionally with the spot price?
The company's stock is also affected by financing structure, coins held per share, and net asset value premium. Even if the BTC direction is correctly predicted, changes in the premium may cause the stock to perform differently.
If financing costs rise and the premium contracts, the stock may face double pressure; if financing conditions remain stable and assets per share continue to improve, the economic significance of the leverage structure is easier to confirm. I am paying attention to whether new financing truly increases assets per share. BTC's most expensive candle today appeared at 11 AM.
At 11:00, a candle with 1.315 million contracts (more than twice the previous candle) pushed 76450 directly down to 75690.1 before recovering, with a lower shadow of 760 points — the only true capitulation of the day. The following twelve candles gradually retraced back to 78690.8, touched at 19:00 then reversed, closing at 78440, falling short by 250 points.
$BTC
Current price 78135, up 1.16%, MA20 at 77684.9 just 450 points below.
Volume details: from 16:00, 472k → 235k → 254k → 211k contracts, each candle with less volume but price creeping up. At 20:00, 324k contracts were dumped in 17 minutes, 50% more than the entire hour at 19:00, yet price only retreated 0.42% — there is selling pressure at the high, but no breakdown below support.
If it closes above 78690.8 with volume ≥ 500k contracts, go long on a pullback to 78550~78620, stop loss at 78200, target 79690, risk-reward ratio 2.7.
If it closes below 77684.9 with volume ≥ 450k contracts, short on a rebound to 77800~77880, stop loss at 78150, target 76900, risk-reward ratio 3.0.
Stay out of the range.
(Not investment advice, trade at your own risk) Today, the top spot on Polymarket's daily leaderboard is held by an address called 0xa2, with a paper profit of $917,000. The numbers are dazzling, but it's more worth looking at another set: an investment of $609,600, a current position value of $1.48 million, of which about $860,000 is still waiting on the final Alaska result.
This is exactly where prediction markets are most easily misread. After the Democrats took both chambers, his bet that "the Republicans will not win any Senate swing states" had a position price rise to 87%. Many people take 87% as "already won," but in probability contracts, that is just the price the market is willing to transact at that moment, not the settlement result. The price dropped overnight from 87% to 70%, shrinking the paper profit, but you haven't locked in a cent.
Compare that to another of his bets: betting on the Democrats winning the Texas Senate seat, which has realized a profit of $106,100. The $106,100 is certain, the $860,000 is floating, an eightfold difference, but the risk lies with the latter.
The leaderboard itself is also misleading. The top ten daily profits all exceed $170,000, making it look like everyone is making money, but the leaderboard only shows addresses with the highest floating profits, not those who bet wrong and lost their positions. Survivorship bias is especially pronounced in probability markets because floating profits can be very high, and wiping them out only requires a small 14% probability event.
So the real highlight of this position is not the $917,000, but whether he is willing to reduce his position before the votes are counted. In the end, what you are gambling on is not probability, but luck.$NEAR NEAR The most noteworthy move this time is that a whale directly sold 2.48 million spot tokens around $4.1, cashing out about $10.28 million, and then immediately opened a short position.
This operation really says a lot. Those holding the tokens are eager to sell off, and after selling, they even press down with a short.
How much spot buying pressure is needed to hold up? The order book isn't that deep. For a short-term rebound, I currently don't see much confidence.
#NEAR
$NEAR
👇ETH is currently stuck around 2,280, unable to go up or down, the market is quite conflicted. Above, 2,309 is the on-chain average cost line; repeated probes over the past two days have been pushed back, showing strong selling pressure. Below, 2,250 is temporarily holding, but not comfortably.
What’s really interesting is the battle over capital. The US spot ETF saw a net outflow of over 1.6 billion in October, with BlackRock alone pulling out 1.4 billion, and Coinbase premiums are also negative, indicating US funds are withdrawing. On the other hand, whales are buying against the trend in the 2,270-2,290 range, with some days seeing net purchases over 34 million, and some buying nearly 63 million in 5 hours, with costs concentrated near the current price. Institutional channels are bleeding, while big off-exchange money is stepping in; neither side is yielding.
The leverage structure is unhealthy. On Bitfinex, the long-short ratio has crashed to 97 to 3, retail stubbornly going long, but some large traders have closed over 170 million long positions and opened shorts at 2,280. On Hyperliquid, two billion-level long liquidation prices are concentrated between 2,170-2,180; a further drop of about 6% could trigger liquidations. The narratives of Devcon 8 and Fusaka upgrades remain, but in the short term, the market is dominated by capital and leverage. The 2,298-2,341 range is a hard ceiling; only a volume breakout above it is worth discussing, otherwise the whales’ cost zone will be the next test.A position monitoring post mentioned that a certain contract account currently holds short positions in BTC, ETH, and SOL simultaneously, with a total position value of approximately 97.2147 million. The unrealized profit and loss on the account continues to improve, and it keeps receiving funding fees. The profit structures of the three positions are not exactly the same. The BTC short position is -141.7 BTC, using 10X cross margin, with a position value of about $11.145 million, an opening price of $79,472.8, unrealized profit of about +$116,200, funding fee income of about +$146,100, and margin of about $1.1145 million. The ETH short position is -2,379.98 ETH, also 10X cross margin, with a position value of about $5.557 million, an opening price of $2,421.64, unrealized profit of about +$206,400, funding fee income of about +$293,100, and margin of about $555,700. The SOL position has higher leverage at 20X cross margin, holding -43,300 SOL, with a position value of about $4.0748 million, an opening price of $103.9029, unrealized profit of about +$428,600, funding fee income of about +$64,500, and margin of about $203,700. 💡 My view. The most notable aspect of this data set is that the funding fee income for BTC and ETH is higher than their unrealized profits, whereas SOL's unrealized profit is significantly higher than its funding fee income. The funding fees have indeed improved the account's performance $ZEC Short is long, long is short
[Hardcore review of this "extreme short squeeze situation"]:
Look at this 15-minute chart, it shot straight up from 1120 to 1324, now oscillating high at 1279. Although MACD shows a death cross sign at the high level and the red bars are shortening, look at the data in chart 2 — short positions account for a staggering 68.99%! The long-short ratio is only 0.45!
This is definitely a spectacle in the crypto world. Retail investors see it rising and think "it’s risen too much, time to short," crazily trying to top-fish against the trend halfway up the mountain. Coupled with negative funding rates, this nearly 70% short position is the purest "rocket fuel." The main players just need to ignite a little fire, and these shorts will cascade liquidate, forced to buy to cover, directly pushing the price to soar further.
[Macro logic and advice]:
During the US election period, big funds seek safety, and speculative capital rushes into established privacy coins like ZEC to play the short squeeze. Extreme shorts must reverse; the bulls only need a gentle push.
However, the 15-minute level is already high now, so don’t get overheated chasing longs at market price. Wait for it to pull back without breaking the moving average (around 1240) before entering on the right side, or just watch the 69% shorts get slaughtered by the main players.After the Democrats swept both chambers, Friday's non-farm payrolls become the biggest variable. I bet on a "mildly weak" outcome, with crypto first watching 76k
#美国10月非农前瞻：就业增长或牵动12月加息预期
The midterm elections concluded with the Democrats taking both chambers.
The short-term market has already recovered from the plunge, pricing in "whether Trump can still veto and that short-term policy won't change drastically."
Therefore, US stocks and crypto haven't collapsed, but this rebound is more of an emotional recovery rather than a trend reversal, with resistance still at 79.5k-80k above.
Now the market focus has shifted to Friday's non-farm payrolls.
I judge employment will most likely fall in the 50k-70k range, with unemployment rate steady, overall "neither strong nor weak."
Basis: ISM manufacturing at 55.5 shows demand is decent, but the price index remains high at 75.2, core PCE at 3.1%, employment is hard to expand strongly; meanwhile, after a large downward revision last month, the base is low, so it won't collapse again.
If data is close to or slightly stronger, the probability of a December rate hike remains high, US Treasury yields stay strong, the dollar stable, US stocks and BTC will fluctuate mildly weak in the short term, hard to sustain an upward attack.
If significantly weaker than expected, rate hike expectations will fall, risk assets will see a rebound window, with crypto showing greater resilience.
Operation advice:
Before the data, keep BTC and US stock positions controlled below 50%, avoid heavy positions.
$BTC reduce positions near current price to below 40%. Focus on 76k. Light short if it breaks below 76k, target 75k; if data is weak but rebounds and effectively holds above 76.5k, light long positions.
US stocks: reduce tech stocks on rallies, wait for non-farm payrolls to land before deciding direction, do not take heavy positions in advance. Let's start with the conclusion. The suspense of the midterm elections has settled, with the Democrats taking both chambers. The price first dropped to 75,700, then was bought back above 78,000. I acknowledge this rebound, but I’m not chasing Bitcoin—it’s currently stuck in the upper half of the monthly range, driven by money buying call options on election day, not real on-chain capital. This round, my positions are in three places: long XRP, long SOL, and short ZEC. Here's the report card from the last round of three picks: BTC long opened at 78,095.50, current price 78,150.39, +0.07%, holding, neither take profit at 79,506.25 nor stop loss at 77,249.05 triggered, direction hit; ETH long opened at 2,301.06, current price 2,320.29, +0.84%, also no take profit or stop loss triggered, hit; XRP long opened at 1.2743, current price 1.2828, +0.62%, hit. All three correct, 100% hit rate, no stop loss triggered. When the market is favorable, no need to say much, just keep working. This round’s first of three picks: XRP long, opened at 1.2822, stop loss 1.2640, take profit 1.3125. It has closed up for two consecutive days, spot products have accumulated over one billion in inflows, and exchange holdings continue to decline—the chips are genuinely being bought, not leveraged. The account long-short ratio is 2.12, not in an extreme zone, so I’m adding a regular position here. Second,SNOW is being unreasonable tonight.
Only at 19:00 did it close at 297.6, just 0.4 away from the 24h high of 298.02, still looking like it wants to go up. At 20:00, in eleven minutes, 148.79 contracts were dumped, more than five times the 28.21 contracts of the previous full hour candle, pushing the price from 297.2 down to 278.33, swallowing the bullish candles of 18:00 and 19:00 and even going lower.
$SNOW
Current price is 282.77, down 1.06%, with the MA20 at 291.73 pressing down about nine dollars overhead. The 4.5-point lower shadow at 278 indicates some buying, but it's a quick stab, not a trend—after the dump, the price climbed back to 283 but stalled, failing to even reach 285 on the rebound.
The US stock market opens at 22:30; before that, these are just warm-up prices.
If the rebound fails to break through 286.5~287.5 and the 1H candle closes bearish with volume (≥60 contracts), short with a stop loss at 289.0 and a target of 278.33, risk-reward ratio 4.4.
If it closes above 291.73 with volume (≥80 contracts) reclaiming MA20, go long on a pullback to 290~290.5, stop loss at 288.3, target 297.80, risk-reward ratio 3.3.
Between 287.5~291.7, no action.
(Not investment advice, trade at your own risk) Trump concept coins dropped about 7% in one day, while the DeFi index rose about 5%.
The election results are in; it's not the "whole market" that's rising, but a shift in sectors.
After the Democrats took control of Congress, BTC briefly dropped to about 75,600, then pulled back to about 78,300. The market looks green, but the contracts are more painful: trading volume rose about 27%, open interest only rose about 3%—mostly position flipping, not fresh capital entering aggressively. The weekly options volatility dropped from about 41% to about 34%, and the pre-election "insurance buying" is cooling off.
Retail investors, don't rush to treat the rebound as a trend confirmation. Take away these three steps:
1) Check if open interest keeps up with price (price rises without OI support tend to be false)
2) Distinguish who's rising: DeFi/ETH-related vs political concept coins, don't chase both mixed
3) Watch Friday's non-farm payrolls—election drama is over, macro data is the next trigger
The election narrative will be noisy for a few days, but what really matters is: first distinguish between "position rotation" or "position increase." Is your current position following the narrative or the capital?
$BTC $ETH #crypto market $AMD just swallowed a cold meal, watching AMD's 15-minute chart break through the 500 mark from 534, with MACD forming a high-level death cross, chilling the heart halfway. The earnings report clearly exceeded expectations in both revenue and profit, so why is it moving like this?
The problem lies in the details. The Q4 gross margin guidance is slightly low, and more critically, to stockpile Helios, free cash flow plummeted from 1.5 billion to 554 million. At a high valuation of 125 times P/E, the market demands "perfection," and the crack in cash flow directly triggers a trust crisis.
Technically, the moving averages above are like a mountain pressing down, and around 490 below is a dense area of bearish options, making the short-term outlook extremely dangerous. We just suffered losses catching falling knives on AKE, so don't blindly bottom-fish. Wait for solid Helios shipment data, stabilize on the right side, then get on board. For now, watch the show to stay safe! $AMD
#AMD数据中心收入近翻倍，营收及指引均超预期 Circle财报在即，稳定币增长能否兑现收益？ This hot topic reflects the market's scrutiny of capital flows in the crypto ecosystem. As SOXL is a highly volatile asset, current capital sentiment is clearly cautious. My overall judgment is short-term pressure, with a rebound needing sentiment recovery.
From the perspective of capital and positions, the 24-hour trading volume is 15,623,000. Although the price rose 2.9% to 73.92, the buy-sell ratio in the top 10 order book levels is only 0.34, with sell orders at 9,591 outweighing buy orders at 3,225, showing a clear seller-dominated pattern; the funding rate of 0.0321% indicates longs are still paying a premium. The open interest of 859,000 coin-margined contracts, combined with a downward trend on both the 1-hour and 4-hour charts, and a 31.27% drop from the 4-hour high, indicates leveraged longs are being gradually squeezed out.
In terms of operation, aggressive traders can wait for a rebound near 76.85 to lightly short, with a stop loss at 79.45 and a target of 68.35; if the price pulls back to 66.52 and stabilizes, one can reverse to a short-term long, with a stop loss at 65.13 and a target of 71.28. Position size should be controlled within 20%, and it is crucial not to hold positions during the double downward trend.
——This is only a personal opinion and does not constitute investment advice. Wishing you smooth trading.——
$SOXL#Circle财报在即，稳定币增长能否兑现收益？
#Circle财报在即，稳定币增长能否兑现收益？
$SOXL $CXMT current price is $6.577, up 11.9% in 24 hours. The underlying stock Changxin Technology closed today at ¥44.09, up 13.63%, with a market cap of ¥2.99 trillion, topping the Greater China region (Phoenix Finance). But three numbers are more important.
① Discount 0.5%: Based on 6.6715, the underlying stock equals $6.61, while the perpetual contract at $6.577 is actually half a cent cheaper.
② A-shares closed at 15:00, perpetual contracts did not stop: the 15:00 candle closed at 6.509, now 6.577, rising 1.05% after close—this overnight risk no one bears for you.
③ No leveraged longs taking over: at 13:00 and 14:00, two 1H candles saw volume expand to $2.75 million and $5.2 million (4x and 7.5x), open interest only rose from 3.71 million to 3.76 million; funding rates for four periods dropped 0.116%→0.054%→0.034%→0, long position cost zeroed out.
Wallet: OKX has no CXMT spot pair, only a 20x perpetual contract entry, with 24-hour volume of $19.3 million and open interest only 3.79 million; the 20-level order book has just $40,000, so liquidation slippage is the cost. The buyback cap was raised to 5 billion, setting a record on the STAR Market; HBM3E samples have been sent, but Morningstar warns of cyclical risks.
Do you think this is the start of a super cycle or the last leg?Watching ETH repeatedly struggle below 2300 is really exhausting 🌙. Are many people also getting shaken out back and forth at this level? A couple of days ago, I was the one who put 70% of my position on ETH, waiting for it to break through 2300. What happened? The chart just moved sideways, with frequent wicks, and my account first lost 15%. It’s not easy to accept, but after calming down and reviewing, I realized that what’s really worth watching isn’t "why ETH hasn’t risen yet," but that the market is repricing the event. The 2300 level itself hasn’t changed; what has changed are the expectations around it. Previously, everyone treated the breakout as highly probable and loaded up positions early, effectively consuming some of the upside in advance. Now, with the price repeatedly grinding, it’s actually digesting those early entry chips. The bullish logic remains: ETH is a core asset when risk appetite rises, and once it truly breaks through, short covering plus chasing buyers will create strong momentum. But the risk is clear—after expectations are priced in early, if the catalyst doesn’t arrive soon, patience will break before price does, leveraged positions will be squeezed out, and that will create downward pressure. This transmission will continue downward. With ETH sideways, altcoins find it even harder to get overflow capital; short-term trading rhythm shifts from "chasing breakouts" to "waiting for confirmation," and risk appetite is contracting, not expanding. BTC is relatively stable, indicating money hasn’t left the market, just become more selective. Many people overlook this change: it’s not that there’s no money, it’s that money is unwilling to act first at uncertain levels. So my current judgment is that before 2300 is firmly held, heavy positions waiting for a breakout aren’t cost-effective, breakoutLet's talk about NEAR ($NEAR) tonight.
As of 20:08 Beijing time on November 4, NEAR is trending on CoinGecko's hot search list. OKX spot price is about $4.05, up about 4.8% in 24h, with a total network transaction volume of about $698 million and a market cap of about $5.3 billion.
The hype comes from inflation reduction: On November 2, House of Stake passed HSP-029 with over 99.9% approval. The maximum annual issuance rate will be reduced from 2.5% to 1.6% over 24 months, and daily issuance will drop from about 89,500 to about 57,300 tokens.
My view: Less dilution is definitely a good thing, but it still needs to pass the Security Council review, a 90-day buffer period, and validator upgrades. The first reduction will most likely happen in early 2027. The current price increase is based on expectations. I am more concerned whether NEAR Intents cross-chain transactions can support real transaction fees—that is the real confidence.
$NEAR$SOL $BTC 🔥 The dust has settled! The old man lost, the Democrats took both chambers, uncertainty is resolved, funds are starting to flow in, but do not mistake the rebound for a bull market
$BTC $ETH $CRCL
The election suspense that lasted for many days has finally been resolved, no more prolonged disputes and tug-of-war. The market's biggest fear, uncertainty, has been directly eliminated, and funds have chosen to enter first: Bitcoin surged to 78,549, ETH reached 2,330, with a short-term increase of nearly 3%, and gold returned above 4,000; MSTR closed up 3.72% last night, Circle rose 4.36%, clearly showing capital inflow in the market.
But warming up does not equal a trend reversal. This rally is essentially an emotional recovery after clearing uncertainty plus a short-term short squeeze. The bullish momentum has been rapidly exhausted. The 4-hour indicators have entered the overbought zone, and the 15-minute cycle shows a bearish divergence. The price seems strong, but the incremental buying below has long been unable to keep up. The short squeeze lacks follow-through and can easily dissipate quickly.
There are still two major tests to watch:
✅ Tonight's Circle earnings report: As a core stablecoin sector stock, it will show whether the stablecoin narrative can translate into real profits, directly affecting capital preference in the stablecoin sector;
✅ Friday's non-farm payroll data is still lurking ahead, which is the next major variable in this round of the market and a potential risk point.
My judgment: Short-term emotional warming is a fact, but one bullish candle does not mean a bull market. Bitcoin must firmly hold the 78,000–79,000 range to be considered truly stabilized; before that, it can only be defined as news-driven.$ETH $BTC 🔥 The dust has settled! Trump lost, Democrats took both chambers, uncertainty is resolved, funds are starting to flow in, but don't mistake the rebound for a bull market
$BTC $ETH $CRCL
The election suspense that lasted for days has finally been resolved, no more prolonged disputes and stalemates. The market's biggest fear—uncertainty—has been directly eliminated, and funds are choosing to enter first: Bitcoin surged to 78,549, ETH reached 2,330, with a short-term increase of nearly 3%, and gold returned above 4,000; MSTR closed up 3.72% last night, Circle rose 4.36%, clearly showing capital inflow on the market.
But warming up does not equal a trend reversal. This rally is essentially an emotional recovery after clearing uncertainty plus a short-term short squeeze. The bullish momentum has already been rapidly exhausted. The 4-hour indicators have entered the overbought zone, and the 15-minute cycle shows a bearish divergence. Although the price looks strong, incremental buying from below has long been insufficient. The short squeeze lacks follow-through and can easily dissipate quickly.
There are still two major tests to watch:
✅ Circle's earnings report tonight: As a core player in the stablecoin sector, it will show whether the stablecoin narrative can translate into real profits, directly affecting capital preference in the stablecoin sector;
✅ Friday's non-farm payroll data is still looming ahead, which is the next major variable in this round of the market and a potential risk point.
My judgment: Short-term emotional warming is a fact, but one bullish candle does not mean a bull market. Bitcoin must firmly hold the 78,000–79,000 range to be considered truly stabilized; before that, it can only be defined as news-driven.#CFTC首次放行美国个股永续期货
"US Stock Perpetual Futures Approved, Castle Securities Files Lawsuit"
CFTC has just approved US stock perpetual futures, with the first batch being Nadex's filings for Apple, Nvidia, and Tesla, cash-settled and with no expiration date.
Now the traditional market makers can't sit still.
Cboe and Citadel teamed up the same day to sue the regulators, fiercely challenging the product's regulatory classification. Traditional Wall Street has enjoyed decades of options expiration day profits, but now it looks like the crypto world's perpetual model is about to disrupt that. $BTC Before you panic sell or bottom-fish, here’s what you need to know:
1. Nasdaq futures fell 1.35% overnight amid the Texas governor race. Futures. Light trading. 2 AM.
2. Fear: A new governor in the state "freezes" data center construction. What the governor alone can do: pick grid regulators (must be confirmed by Texas Senate), push grid operators, veto bills.
3. What requires the legislature: cancel data center tax incentives, rewrite grid laws, any moratoriums. Earliest to become law: around September 2027.
4. Texas had already started squeezing data centers before tonight. Grid access for large new loads was suspended months ago.
5. SpaceX’s launch licenses are federal, not Texas.
6. xAI’s computing resources are in Tennessee and Mississippi. Both red states. Not Texas.
7. Congress is very likely to overturn this too. A blue Congress can hold hearings on SpaceX. Without presidential signature, they can’t cut SpaceX’s funding. Overriding the president requires two-thirds majority in both chambers.
8. SpaceX executed 161 of 195 FAA-licensed launches last year. 83%.
Headline risk is real. Most business risk is noise.
Washington may change. But demand for SpaceX won’t.
If it opens green, that’s a discount, not a change in the argument. Always hold ✊$SPCX Circle Q3 report released: total revenue plus reserve income reached $865 million, up 17% year-on-year. USDC's average daily circulation for the quarter was about $73.3 billion, ending at $73.9 billion; on-chain transactions totaled $13.9 trillion, up 49% year-on-year.
Don't just focus on total revenue. Of the other income of $207 million, about $182 million came from the one-time ARC token presale. Reserve income was $658 million, down 8% year-on-year, dragged down by falling interest rates. The numbers look good, but that doesn't mean the surge in float has already supported all the profits.
If USDC circulation falls below $70 billion within two weeks, or if other income significantly shrinks next quarter and reserve income continues to decline, treat this as a presale pulse rather than a fundamental shift in USDC. Snapshot around 20:02 Beijing time, Binance USDC about $1.001.
$USDC
#USDC #Circle #stablecoinCore data analysis of BTC whale positions, 79200 is the key level, bears gather!!!
BTC perpetual current price 78445.60, increase of 1.98%, total whale traders 1239, total positions 3.92B, nominal long-short ratio 23.54%.
There are 300 long whales holding 747.74M, average entry price 84449.85, unrealized loss of 57.23 million USD, profit ratio 54.33%, high-level trapped positions remain heavy.
There are 939 short whales holding 3.17B, position size far exceeds longs, average entry price 75996.95, after this round of price rebound, short unrealized loss expanded to 99.13 million USD, profit ratio dropped to 39.29%.
As the price rises, short pressure increases rapidly, a large number of low-position ambush shorts are trapped; although longs are also at a loss, this rebound slightly alleviates the trapped pressure. Whale camp shows obvious divergence, shorts have a large base but are now passively pressured, longs have high costs with limited upward breakout momentum. The short-term market enters a key battle position, with short liquidation liquidity stacked above, the sustainability of the rebound requires continuous observation of volume, chasing highs risk gradually rises, not suitable for aggressive opening.
For market review reference only, does not constitute any trading advice🚨 Bitcoin doesn't care who wins the election; what it truly cares about is the flow of funds!
On election day, Bitcoin couldn't even hold above $78,000. Now, BTC is hovering around $77,000, and the market is sending a signal that can't be ignored. ⚠️
📉 Fear and Greed Index: 33 — Fear
💥 Total liquidation amount: $282 million
🔻 Long liquidation amount: $211 million
But what really deserves attention is...
Everyone is focused on the U.S. election, debating whether the Democrats or Republicans are better for the crypto market.
The fact is: a political victory doesn't automatically mean funds will flow into Bitcoin.
The CLARITY Act remains stuck in political deadlock. Even if control of Congress changes, crypto regulatory issues won't be resolved overnight.
Meanwhile, institutional funds are sending different signals:
🔴 In nearly 6 trading days, Bitcoin spot ETF funds have seen a net outflow of $859 million.
🔴 BlackRock IBIT had a single-day outflow of $233.7 million.
🔴 Since 2026, the cumulative net inflow of U.S. Bitcoin spot ETFs has turned negative.
Whales may be buying, but institutional investors remain cautious.
🔥 The key level BTC really needs to watch next:
The $76,000 support zone is critical.
If BTC holds this level, a rebound to $78,000–$80,000 is still possible.
#DailyOrbit Hong Kong today opened up the ledger of crypto transactions but did not add new taxes
The Legislative Council passed the CARF bill on November 4. Crypto service providers associated with Hong Kong must register with the tax authority and report customer transaction information annually starting January 1, 2027
From 2028, this information will begin to be automatically exchanged with partner jurisdictions. The revised CRS will take effect the same year
The key point is no new tax types are added, only increased visibility. Transactions previously hidden in exchanges will now be reconciled annually
The cost of compliance is registration and reporting; the cost of non-compliance is being seen by the whole world together
#HongKong #CARF #Crypto #TaxOracle's AI cloud business is growing rapidly and plans to raise $20 billion for expansion, indicating that AI computing power capital expenditure is still accelerating, indirectly supporting Tesla's autonomous driving computing narrative. However, in the short term, funds prefer cloud and chip targets that benefit directly. I maintain a cautious bearish view on TSLA. The price has dropped from 409.17 to 377.38, down 6.2% in 24 hours, running close to the low point on the 1-hour chart. Although the 4-hour chart is still in an uptrend structure, it has given back more than half of its gains; the top 10 order book shows 39 buy orders and 9 sell orders, with a buy-sell ratio of 4.45 indicating support at low levels. The funding rate is 0.0000%, and open interest is 43,000, showing a cool leverage sentiment and no overheating of bulls. Operationally, one can lightly try going long at 378.24 with a stop loss below 374.65 and a target of 391.83; if the rebound stalls near 391.83, reverse to short with a stop loss at 396.42 and a target of 377.85. Keep single position size within 20% and strictly stop loss.
— This is only a personal opinion and does not constitute investment advice. Wish you successful trading. —
$TSLA#甲骨文AI云业务高速增长，拟融资200亿美元支持扩张
#甲骨文AI云业务高速增长，拟融资200亿美元支持扩张
$TSLA Tonight's key focus is the ADP small non-farm payrolls, a critical juncture. The market generally expects new job additions to drop to around 70,000. Data below 70,000 is bullish for gold, potentially triggering a direct surge towards 4080. Data above 70,000 is bearish for gold, likely causing gold prices to spike then retreat, with a secondary dip testing support near the previous low of 3842. If the trend meets expectations, it will likely return to technical consolidation, and the market will quickly enter a wait-and-see mode ahead of Friday's major non-farm payrolls.
The four-hour rebound momentum is quite sharp; avoid blindly opening positions before the data. If bullish and it breaks through 4080, wait for a pullback and stabilization before entering. If bearish, a direct decline is possible. Risk control remains paramount. This coincides with the winter time release at 21:15, when spreads tend to widen and volatility increases, so strict stop-losses are essential. $BTC $XAUT $ETH #AMD数据中心收入近翻倍，营收及指引均超预期 #Circle earnings report is coming, can stablecoin growth deliver profits? #Circle earnings report is coming, can stablecoin growth deliver profits? On October 9th, the whole network liquidated 1.191 billion. I pulled the coin details and was stunned: ETH alone accounted for 356 million, BTC only 298 million. ETH's market cap is about one-fifth of BTC's, yet the liquidation amount exceeded BTC by 58 million. This number defies common sense, but it makes sense once you think about it. It’s not about how much the price dropped, but how much leverage was applied on top. For BTC, you dare to open 3x or 5x leverage, ETH dares to open 10x or 20x. The higher the multiple, the closer to the liquidation line. When prices fall, the first to die are always those with the tightest leverage. I remember in the 2021 round, I made this mistake myself—at that time, I thought ETH was the second largest and should be more stable than smaller coins, but later I realized that whether a coin is stable or not has little to do with its rank; it depends on how much leverage is applied on it. Someone calculated the numbers for that round: based on market cap, ETH liquidated about 1.2 million USD per 1 billion market cap, while BTC only 180,000, a difference of nearly 6 times. Simply put, for the same 100 billion market cap, the water spilled out of ETH was six times that of BTC. This issue is not over today either. In the past 24 hours, the whole network liquidated another 380 million, of which long positions were 340 million, nearly 90%. In other words, the main forced liquidations this round were still leveraged longs—the spot side was more on the sidelines, not dumping much. But there is a detail worth watching even more: open interestThe top 1 and top 6 whales on the $ETH Hyperliquid leaderboard have directly lost nearly 300 million USD worth of ETH short positions.
With such a huge position pressing down, it's clear they are betting on the spot buying drying up.
The funniest part is that the funding rate is still positive now; the longs are all holding on desperately, paying interest to these shorts every day.
Currently, the market doesn't even have a decent rebound, relying solely on the previous low at 2171 to hold strong.
As soon as this level breaks, it will trigger a chain liquidation of longs, and below will be a vast ocean, just enough for the whales to eat well, close their positions, and leave.
#ETH
$ETH
👇$UNI hacker smashed all 7.02 million stolen UNI into ETH, forcibly creating a nearly $40 million spot gap.
The most extreme part is that the victim now has no choice but to grit their teeth and buy back on the secondary market to replenish the inventory. On the market, there are large buy orders hanging stubbornly at the 6.8 level every day, the hacker's selling pressure has just been eaten up, and this tens of millions of rigid buyback demand is about to take over and enter.
The shorts have been hammering on this iron plate at 6.8 for a long time without success, and they still have to face the obvious rally buying behind it. Once forced into a liquidation stampede, this level could bounce up in minutes.
#UNI
$UNI
👇$HYPE USDT — Hyperliquid
HYPE is trading at $86.778, up 1.97%, with a 24-hour high of $87.90 and low of $80.92. Price is above MA5 at $86.348, MA10 at $85.089, and MA20 at $81.799, suggesting improving momentum.
Next Move: A breakout above $87.90 could target higher resistance, while losing $84 may weaken the setup.
TG1: $88.00
TG2: $92.00
TG3: $97.00#SonyQ2GamingAndMusic A message that looks like a "loss" actually didn't rule on anything.
The U.S. Second Circuit Court of Appeals dismissed the injunction requests from Coinbase Financial Markets and Kalshi. An injunction is not a judgment; it is a temporary relief: you have to prove "irreparable harm if not stopped," and the court found this step was not met. The dismissal means procedurally there is no need to hit the brakes, not a substantive decision on who is right.
The court clarified: this ruling made no decision on the substantive issues of the appeal, nor did it require the platforms to stop trading or close existing positions. Trading continues as usual, positions remain, accounts will not be frozen. For position holders, the real impact is close to zero.
The real battlefield is at the state level. This round of cases involves enforcement of prediction markets by Connecticut and New York, involving Coinbase in Connecticut, and Kalshi in both Connecticut and New York. State regulators classify prediction markets as "gambling," while platforms insist they are derivatives; this classification dispute is the real line between life and death. The injunction dismissal only means the tug-of-war will continue for a long time, not that anyone has won.
For large assets like $BTC and $ETH, this news hardly constitutes a pricing factor. What really needs attention is the platform-side business model: whether prediction markets can be compliant and launched in the U.S. determines the ceiling of this sector for the next few years.
The same product is called gambling in two states, treated as derivatives at the federal level—who will make the final call?20261104
5. People are starting to get scared, how much will this wave see?
1. A couple of days ago, BTC was around 77400, and on the same day the fear index dropped from 51 to 30, the lowest since mid-August. 51 means not panicking, 30 means starting to get scared.
2. The sentiment has changed, so the target must change too. Originally, this wave was targeting 75800, now it’s adjusted to 73000, moved down a bit.
3. 75800 is the first line; if it falls there, it might not hold. If it doesn’t hold, then it’s time for 73000, only about 3 points difference in between.
4. Around 73000 is the average buying price for everyone in the past six months. If it falls there, everyone who entered in the past six months is at a loss on paper, and those losing are the most likely to sell.
5. 30 is just fear, not the worst fear yet, so first watch if 75800 can hold; if it can’t, then look at 73000.
6. Saylor says the Bitcoin bull market has arrived, do you believe that?
1. This year, the coins he holds increased by 26%, about 840,000 coins in total, but the coins held by those who can buy his shares decreased by 3.7%. Coins are increasing, shares are decreasing. Because the money to buy coins comes from printing new shares, newcomers share together, the pie hasn’t grown, your slice just gets diluted.
2. Don’t take the 20.9 billion profit on his report seriously; that’s a paper number calculated from coin price increases, no coins have been sold.
3. The core: the more coins he buys, the more diluted your slice becomes.$HYPE SHORT SETUP
HYPE is showing negative momentum near 84.450. Failure to reclaim 84.70 could favor further downside.
Entry: 84.45–84.75
TP1: 83.80
TP2: 83.15
TP3: 82.50
SL: 85.30
Confirmation: Bearish CHoCH and resistance rejection.#SonyQ2GamingAndMusic $COIN
Will industry security concerns bring market share opportunities or shared pressure to Coinbase?
Users might re-evaluate custody and compliance capabilities, or overall reduce crypto trading. Relative trust advantages do not necessarily mean industry revenue will grow.
If net inflows improve while subscriptions and custody remain stable, resilience is stronger; if trading volume and client assets shrink together, relative advantages may still be offset by cyclical pressures, so benefits cannot be inferred solely from competitors' troubles.#CFTC首次放行美国个股永续期货# This regulatory breakthrough is favorable for risk appetite and aligns with Bitcoin's macro linkage logic. I judge the short-term bias to be bullish, but the upside is constrained by the four-hour downtrend. Bitcoin current price is 78459.4, up 1.9% in 24 hours. After holding the low at 75690.1, it is still 7.16% below the four-hour high. The one-hour downtrend remains unchanged, indicating a corrective rebound; the top 10 bid-ask ratio of 2.56 shows buyers dominate the order book, the funding rate of 0.0071% is neutral, open interest at 36,000 shows no overheating from chasing longs, sentiment is cautious. Strategy: lightly go long on a pullback to 77685, stop loss at 76840, target 79360; if it rallies to 79620 and stalls, consider reversing to short, stop loss at 80240, target 78310. Single position size should not exceed 20%, exit immediately if broken.
——This is only a personal opinion and does not constitute investment advice. Wish you successful trading.——
$BTC#CFTC首次放行美国个股永续期货
#CFTC首次放行美国个股永续期货
$BTC The election results are out, the Democratic Party took control of both chambers. Without discussing who is good or bad, at least the "uncertainty" is over.
The market reaction was very direct: BTC at 78,549, ETH at 2,330, both up nearly 3%, gold also pulled back above 4,000, MSTR rose 3.72% last night, Circle up 4.36%, money is starting to move.
What people feared before was not who would win, but the deadlock, the fear that no result would come out. Now that the result is clear and clean, with uncertainty gone, funds dare to enter the market.
There is still a small test tonight: Circle's earnings report. It is one of the few companies in the crypto space with real revenue. Whether the stablecoin story can turn into profit is worth watching, as it concerns whether the stablecoin sector can continue to be viable.
My own view is that there is a recovery, but don't call it a bull market just because of one bullish candle. BTC needs to hold above 78,000 or 79,000 to really be considered recovered. Let's see if it can hold in the next couple of days.
How many days do you think this recovery can last?
#美国中期选举：民主党赢得国会两院控制权 $BTC $ETH $CRCL $XAUT From the current market situation, gold continues to rise relying on a strong bullish candlestick. The long position strategy given publicly at 4010 in the afternoon has been steadily realized, successfully securing a 40-point profit. The market has formed a consecutive bullish structure with strong upward momentum, currently in a slow rising phase, and no tail volume signals have appeared yet. However, supported by continuous bullish candles, a volume surge and accelerated upward movement are expected later. Slow rise is also an increase; short-term priority is to be bullish.
The 4-hour bullish rhythm is steady. After each short pause and slight pullback, a new stage high can be created. The stepwise upward movement gradually recovers previous decline space, and bullish momentum is released steadily. After consolidation, the market shows no obvious weakening, maintaining a short-term strong pattern with room for further gains. The trading approach remains unchanged, continuing to wait for pullback opportunities to go long.
Evening gold trading strategy: buy on pullback between 4030-4020 with a direct target at 4100 According to on-chain investigator ZachXBT, an EU entity's accounts across multiple exchanges were hacked, resulting in losses of up to $106 million. The stolen funds are being rapidly converted into Ethereum (ETH) and Monero (XMR), a common tactic used by attackers to obfuscate the flow of funds. This incident highlights the increasing complexity of attacks targeting high-net-worth individuals and institutions. Method of attack: Exchange accounts compromised Although details are limited, the pattern suggests that the attackers may have organized intrusions into the entity's exchange accounts through phishing, SIM card swapping, or credential leaks. Funds were quickly moved into ETH and Monero, indicating a well-prepared money laundering strategy. Monero's privacy features make it an ideal choice for concealing illicit funds, while ETH offers deep liquidity for further exchanges. ZachXBT's involvement underscores the growing importance of independent blockchain investigators in tracking illicit funds. Their public disclosures often prompt exchanges and law enforcement to act swiftly, but once funds enter privacy coins, recovery becomes extremely difficult. Industry impact: Security vulnerabilities and regulatory scrutiny This incident has raised serious questions about the security status of centralized exchanges and whether their KYC/AML controls are adequate. Even with strict KYC, attackers can exploit account takeover vulnerabilities. The EU's MiCA regulation imposes stringent requirements on custody and operational resilience, and this case may become its first major test. Exchange responsibility: Will exchanges compensate victims? Most terms of service disclaim liability for stolen accounts, but reputational damage may forceTrezor CEO says buying BTC ETFs is not the same as truly owning BTC. As ETF sizes grow, is this a warning about risks or a denial of institutionalization? 1. News. According to public reports, Trezor CEO Matěj Žák stated that BTC ETFs offer convenience, but investors do not have control over private keys, so it differs from directly holding BTC. Meanwhile, Mercado Bitcoin confirmed a security incident involving about $46 million and suspended withdrawals, prompting the market to again discuss the risk boundaries between custody and self-custody. BTC is priced at $77,091.9, down 4.3% in the past week. 2. Capital impact. The latest BTC ETF disclosure shows a single-day net inflow of $34.1 million, a 5-day net inflow of $406.5 million, and a 10-day net inflow of $173.6 million. ETFs remain an important channel for institutions to enter BTC, and the capital scale has not disappeared; however, ETF shares, custody arrangements, and redemption mechanisms mean investors bear product structure risk rather than direct coin-holding risk. 3. BTC implications. Institutionalization has increased BTC accessibility but has not eliminated counterparty risk. Exchange incidents remind the market that convenience, liquidity, and control cannot all be maximized simultaneously. ETFs suit funds that require securities accounts and compliant channels, while self-custody suits holders emphasizing control; these are not the same risk products. 4. Observation indicators. I will next monitor four indicators: first, whether core ETFs continue to have net inflows; second, ETF premiums and redemptions