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The market never lacks opportunities; what it lacks is self-control. Understand before taking action, and don't exhaust yourself in uncertain market conditions.
Current market situation:
Bitcoin $BTC has already attempted to reclaim 84,000. It started stirring before the CPI release. What big move will this time bring?
Before the CPI data is released, the market is mostly a tentative game of funds, a typical pre-news volatility.
Don't let short-term rallies drive you to blindly chase orders. Before the data comes out, there will likely be back-and-forth tugging; upward moves could be traps.
Opportunities are right in front of you, but self-control is more tested. If you don't understand, just watch. There's no need to heavily bet on direction before the news lands to avoid losses from whipsawing.
Xiao Ma wants to say everyone must hold back before this market event arrives. Wait for the news confirmation before observing market trends. It's better to be cautious and avoid going against the trend. What are your thoughts on this CPI, Hakimi? Feel free to discuss in the comments!
Current positions of Xiao Ma:
$ETH Return rate: -492.35%,
Profit/Loss: -1500.07 USDT
$BTC Return rate: -42.88%,
Profit/Loss: -89.91 USDT
⚠️This does not constitute any investment advice.
#CPI and PPI releases imminent, interest rate hike expectations face test
#Institutions continue positioning, why does BTC remain under pressure? $DOGE DOGE：0.086 的狗，还配叫“散户之王”吗
DOGE 今天 0.0860 刀，24h -0.73%，7 天 -7.3%。别笑，成交量 419M，还是 meme 界老大。DOGE 的逻辑从来不是现金流，是“注意力+马斯克+散户共识”。
今天大盘中性，DOGE 没疯拉，说明短线热钱去了 NEAR、HYPE 那种更高 Beta 的地方。但 DOGE 有它的江湖地位：每次牛市末期/中段反弹，DOGE 异动就是“散户回来了”的红灯。
交易行为：DOGE 的日线很吃 BTC 和美股风险偏好。特斯拉/纳指强，DOGE 容易跟；美债收益上、DXY 强，DOGE 先跪。今天 10 年美债 5.24%，对 DOGE 不是好环境。
玩法很土：
0.08 不破：老散户成本区
0.09–0.10：情绪修复区
0.12 放量：散户回归
0.07 破：风险退潮
DOGE 别谈估值，谈“情绪温度计”。今天温度不高不低，别满仓赌马斯克发推。#CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ $DOGE 兄弟们，憋屈了这么久，终于轮到我吃口大的了！
$MAGIC 这单多单，0.10636进场，现价0.14176，浮盈+33.27U，收益率+99.84%，差一点翻倍。说实话，之前做空被打脸后，我立刻认错反手，这次总算踩对节奏。
为什么这次能拿住？
一是主流币横着不动，热钱全往小山寨里钻，MAGIC盘子轻、有链游和AI概念，一点火就飞。二是拉升后回踩很浅，买盘在下面不断托，说明资金还没撤，不是拉高出货。三是认准方向后不折腾，不盯盘、不手抖，利润自己跑。
BEAT和BICO还套着，但这一单把信心打回来了。趋势来了就顺势，别跟市场较劲，更别在山寨行情里盲目追高。我准备分批止盈，落袋为安。
$BTC $ETH #CPI与PPI公布在即，加息预期迎考验 BTC Market Analysis Report: The US Dollar, US Treasury Yields, and Oil Prices Strengthen in Sync, $BTC Under Pressure
Last Friday, the US Dollar Index rose for the fourth consecutive week, closing at 102.22; the 10-year US Treasury yield climbed to 5.246%, and the 2-year yield rose to 4.800%. The sustained high levels of the dollar and Treasury yields indicate ongoing market liquidity pressure, which may weaken investors' willingness to allocate to risk assets like Bitcoin. $BTC
Meanwhile, spot gold increased by 1.47%, closing at $4194.45/oz, and silver rose by 2.78%. The strength in precious metals reflects continued market demand for safe-haven and asset allocation, but whether funds will further flow into Bitcoin depends on changes in market risk appetite.
In the energy market, WTI crude oil rose 0.45% and Brent crude oil increased 0.24%, influenced by a hurricane approaching the Gulf of Mexico and the shutdown of some offshore US oil production. If oil prices continue to rise and exacerbate inflationary pressures, it could further limit the Federal Reserve's room to cut rates, indirectly suppressing Bitcoin. $ETH
#CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ #PIMCO警告10年期美债收益率或达6% Trader Uncle Time｜A self-taught trader starting in middle age, let's cultivate the K-line life together. 🔹 Level Nesting
Higher level 16H ｜ Key level 6H ｜ Sub-level 45 minutes → 15 minutes 🔹 Current Situation
After Bitcoin's 16-hour rebound topped out, it returned to the zero axis of this level for the second time — now standing at a "crossroad": Go straight down? Or rebound once more? 🔹 Projection (Two Paths) Route A: 6-hour breaks through zero axis → 16-hour initiates "second rebound"
But this rebound has a strict requirement — it must effectively rally: the rebound's yellow-white line (DIF) must surpass the previous high point to be considered an upgrade. If the yellow-white line is below the previous high = insufficient momentum, ineffective rally → rebound fails. If it truly breaks through, according to level logic, the market will head toward 32 hours → two-day line. Route B: 6-hour fails to rise → continues downward 🔹 Key Level: 6-hour zero axis
Whether the 16-hour initiates a second rebound entirely depends on whether the 6-hour can be topped by a smaller level rebound breaking the zero axis. 🔹 Operation
Short hedge positions held at high levels: once the 6-hour breaks through the zero axis, exit first (because that means the 16-hour will rebound). Long positions at low levels: can continue holding, watching the 6-hour. Smaller levels: 45-minute rebound has upgraded (but still diverging, upgrade not complete), currently running a 15-minute rebound. ⚠️ More sideways time on weekends, small-level ups and downs repeat, avoid random moves during consolidation. #BTC #KLineMomentum #TechnicalAnalysis这周这几个币要大额解锁，盯紧了：
10月12日凌晨4点，$APT 解锁1131万枚，值约950万美元，占流通盘0.64%。
10月15日早上8点，$STRK 解锁1.27亿枚，值约1390万美元，占流通盘3.37%。
10月15日晚8点，$SEI 解锁5556万枚，值约370万美元，占流通盘0.84%。
10月16日晚8点，ARB解锁9265万枚，值约1840万美元，占流通盘1.56%。
10月17日早上8点，DBR解锁6.18亿枚，值约1200万美元，占流通盘10.25%，比例最高。
10月17日早上9点03分，CRO解锁11.7亿枚，值约6950万美元，占流通盘2.33%，金额最大。
记住：解锁不等于马上砸盘，但解禁前后价格和成交量得盯着点。兄弟们，$ZEC 空头砸了三天愣是没砸穿，接下来轮到多头表演了，目标直指1400！
我在1,277.67进的多单，现价1,276.91，基本持平，不慌。ZEC从前天昨天到今天，一直在底部慢慢反拉、聚力，虽然速度慢，但没再跌下去，逐步在增长。多空比26%多头对74%空头，空头占绝对优势，可价格就是跌不动——这说明空头在被动挨打，抛压被慢慢消化了。
盘口看，上方1,277.47到1,277.52压着一排卖单，但量都不大。下方1,277.33有7.99买单托着，跌不破。横盘两三天了，既然砸不下去，那这一波必然反弹。跌过之后必有反弹，这是庄家控盘的基本套路。ZEC从1700跌到1200，跌了30%，现在底部盘整，NU7升级11月5日，98.9%持币者支持保留减半，链上大户提走8,600枚。
我多单继续拿着，防守1,180，目标先看1,400。跌不破，那就只能涨。
$BTC $ETH #CPI与PPI公布在即，加息预期迎考验 $BTC 冲上 84000，很多人以为要奔新高了。但我盯着盘面，只觉得这波反抽笑得有点假。
节奏大概率是先摸 84000 试压力，再回踩 81000 到 82000 找支撑，而不是一路直拉。真要单边上去，量能和情绪早该跟上了。
关键看 83500 到 84500 这个区间。冲不破，二次回落的风险会明显放大；周末收周线能不能站上 83500 上方，是短期多空情绪的分水岭。
我不追高，等回踩确认了再动。$ETH $BTCEvent: The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) index from Glassnode has crossed above the 1.0 threshold after more than 10 days in the loss zone. Detailed Analysis Notes: Technical significance of the 1.0 mark: When STH-SOPR is below 1.0, short-term investors (holding under 155 days) are panic selling at a loss. The index crossing above 1.0 is a confirming signal that they have stopped panic selling and started taking slight profits. Psychological support setup: In a healthy uptrend, the 1.0 mark isTerm Structure Radar
$SOL mark spread is positive, but the best bid for buy near sell far is already inverted. Mark near-far spread +0.52%, best bid for buy near sell far spread -0.56%.周末ZEC在1226磨的时候我空手忍住了，结果周一早上一睁眼差点摸到1300——现在又吐回1270附近，手比周末还痒。
#机构持续布局，BTC为何仍承压？
对答案：又忍住了，但这次更难受。24小时高大概1299，低到1220，现价1270上下——冲完就吐，跟之前那几次手痒几乎一个模子，只是这一刀抬得更高。CPI/PPI还在后面，我不想当接刀的人，可「错过」的感觉是真的。
说白了不是看得多准，是周末跟自己说过别追冲高——周一就把那句话守住。1290附近这点痒，不够让我改口去追已经吐回来的一根。
$ZEC
问句实在的：这种“空手忍住、别人冲了又吐、自己更手痒”的感觉，你是 A 已经摸了一点，还是 B 继续空手看戏？你们有没有过这种？评论区说说，我一条条回。$BTC
BTC走出窄幅以后，买方真正改变了什么？
今天早间现货24小时观察窗口：区间82800—84200 USDT，变化+1.06%，成交额约17,445万USDT。
窗口高点与低点都高于昨天观察范围，提供整体交易区域上移的证据。但区间上移并不识别买方身份，也不能证明ETF资金已经转向；旧高位筹码仍可能在恢复中兑现。
我会检查84200收复后的回踩是否保留。若重新跌回82800下方且无法收回，区间抬高的解释降权；若低点持续上移，才增加需求连续性的判断。Ledger硬件钱包被植入？8600万美元疑云，真正危险的是信任链！
#Ledger确认一台涉事设备遭硬件植入
我的看法是：
这次事件最值得警惕的，不是硬件钱包不安全，而是你以为自己买到了官方渠道的设备，却未必能确认它从出厂到交付都没被动过手脚。
Ledger已确认一台涉事设备存在未经授权的硬件植入，但疑似8600万美元损失是否都与此有关，目前还没得到证实。
这也提醒我们，硬件钱包的安全不只取决于芯片和代码，供应链同样可能成为突破口。设备本身再安全，如果初始化环节或助记词已经泄露，资产照样可能被转走。
建议近90天通过CryptoBilis购买、尚未初始化的设备，先别用；已经启用的，尽快通过官方渠道确认风险，并考虑迁移到使用全新助记词创建的钱包。新助记词必须在可信设备上生成，绝不能把旧助记词输入网站或发给客服。
作为币圈的一员，我们要关注的，不只是最终损失金额，还有受影响设备范围、攻击路径，以及官方渠道能否建立更可靠的防篡改验证。
记住：自托管的核心不是把私钥藏起来，而是确保私钥从生成那一刻起，就只掌握在自己手里。$BTC $ETH 周末我在这说：83k算半开弹簧后的磨盘，周一开盘自己说话。结果夜里一把摸到84200，现在又回到83500附近——抬是抬了，但吐也吐得挺快。
#CPI与PPI公布在即，加息预期迎考验
对答案：周一这根，先冲后回。24小时高84200、低82800，现价大概83544——周末那根83k磨盘上面，确实捅了一刀，但没站住84。Farside最新还是10/9那口约+2100万，大出账还在；刀仍挂在10/14 CPI/PPI前面。
我的打算：84附近不追多；空着的人别急着翻，先看83500能不能重新磨成地板，而不是一夜情。
$BTC
你现在站哪边：A 周一84冲完回踩还能跟，还是 B 假抬一刀、刀还在CPI前面？评论区说说，我一条条回。兄弟们，$ZEC 横盘横了两三天，跌不破就是跌不破，这一波我看反弹到1400！
我1,211.31进的多单，现价1,268.97，浮盈14.34%。盘口上方1,268.95到1,269.05压着一排卖单，但量都不大，最大的也就6.70。下方1,268.84到1,268.94买盘虽然稀，但价格就是跌不下去，说明空头在被动挨打。多空比74%的多头对26%的空头，多头开始占优。
ZEC从1700一路跌到1200，跌了快30%，这段时间一直在1200附近反复磨底，横盘两三天了，就是跌不破。跌不破说明什么？说明空头力量已经衰竭，抛压被消化得差不多了。跌过之后必有反弹，这是庄家控盘的基本套路。
NU7升级定档11月5日，出块时间从75秒砍到25秒，98.9%的持币者投票支持保留减半机制，基本面在实打实改善。链上大户还在吸筹，从交易所提走了8,600枚ZEC。
我1,211.31进的多单继续拿着，防守放1,180，目标先看1,400。
$BTC $ETH #CPI与PPI公布在即，加息预期迎考验 哟，好久没看到以太坊基金会大额充值 $ETH 了啊🤨
过去 6 小时其关联地址累计充值了 4393 ETH，价值 1113 万美元，充值均价 $2534；这两个地址曾在 10 年前收到过以太坊基金会转移的 59,751 ETH
若确实为卖出，根据以往「基金会卖币总是在高点」的玄幻剧本，莫非…
钱包地址
0x4c4F7B7c53357616EbddD6b901D55b7F9B5D2b94
0x999D5F1fcfcc36A840Dd726709BCf38B6B20229c拂开这层薄如蝉翼的周末地层堆积物，底下埋藏的全是诱多殉葬坑的森森白骨。
日光之下并无新事，今日 $SOL 在111.42一带看似坚挺的石砌立柱，不过是古罗马衰亡前用劣质石膏刷就的虚假凯旋门。周末的流动性枯竭得就像干涸了两千年的幼发拉底河河床，成交量早已断代，这种时候往上拉个一两刀，就敢妄称新王朝的黎明？
翻开古文明盛衰的竹简，凡是在枯水期强行起高楼的，周一开盘山洪一冲，便全成了断壁残垣。布林带上轨112.74就是这片遗址无法逾越的风化穹顶，RSI在57.9游荡，既无古风之刚健，亦无沉底之扎实。这根本不是地基复苏，这是典型的周末盗墓贼回光返照式插针，专埋那些对周期一无所知的毛头探险家。
手握地质洛阳铲，深层岩性告诉我：真正的坚固基岩，还在下方百米深处等待沉降。
- 标的: $SOL 🔴
- Entry: 111.00 - 112.50
- TP1: 108.50
- TP2: 105.00
- SL: 114.20
虚妄的陶片终将碎裂，历史的重力从不缺席。
#CoinMoveAlert这收益，看得我诚惶诚恐，生怕明天市场反应过来把我拉黑。盘面还没完全启动的时候，$ADA 在高位反复磨，量能却越来越小，诱多味很重。
我盯到上方压制明显，承接不足，就提示 ADA 空单分批进，开仓 0.2560。现在现价 0.2496，空单收益率 +126.95%，大肉没白熬，拿捏得舒服。
大头先装进口袋，平 80%，剩下 20% 成本价保护位，继续下杀就让利润跑，别贪最后一口。
风控做在前面，叫理智；亏了再砍，叫壮士断腕。
宁可错过一个反弹，也不接飞刀接满手血。
现在不是冲的时候，等下一轮更舒服的位置，新结构出来再看，我会第一时间提示。
$BNB $XRP $BTC ETF持续流出，宏观偏鹰，大方向偏空。但24小时刚爆了3500万空单，短线不排除主力先拉高诱多再砸盘。
机构观点（分歧）：渣打银行仍维持比特币年底见10万美元的目标，但JAN3 CEO等人士警告市场可能进入更深的调整周期。
关键阻力位：$84,500
关键支撑位：$82,000
多空比：散户和大户依然重仓死扛多单
币安散户多空比 1.4038，OKX 散户多空比 1.42。
大户方面：大户人数多空比 1.4981，大户持仓多空比高达 1.5377。
$ETH $ZEC #CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ #俄罗斯放宽柴油出口，霍尔木兹风险仍支撑油价 October 12, 2026 | $BTC Intraday Market Analysis Bitcoin is currently trading at $83,595 after rebounding sharply from $80,351 to $84,177. Price is now consolidating around $83,600, but the recovery is showing signs of losing momentum. The 1-hour MA200 near $84,000 and the 4-hour MA60 around $84,100 are acting as resistance. Meanwhile, the MACD red histogram bars are shrinking, suggesting that bullish momentum is gradually fading. 📊 Intraday Trading Range: $82,700–$84,200 - Resistance: $84,200GRASS昨天16时55分合约持仓约868万枚，今天9时54分已到约1025万枚。
欧易现货此时报约0.8846美元，24小时涨约30.5%，距日内高点0.8904美元不到1%。8时至9时成交约47.3万美元，是此前24个完整小时小时成交额中位数约13.2万美元的3.6倍。
昨天价格上涨时，持仓还在缩。现在量价与合约仓位一起抬升，我对高位回落更谨慎。当前资金费率约0.005%，这个数字无法说明新增仓位属于多头还是空头。
若后续完整小时收在0.8904美元上方，成交仍明显高于13.2万美元，我会修正这份谨慎。若收盘跌回0.8751美元下方、持仓仍在高位，就要看新增仓位能否承受回撤。
$GRASS BTC短线策略建议：
$BTC #星球日报
持仓多单（首选）： 83,300-83,700区域多单持有，止损 83,000（缺口+中枢下沿），目标 84,400（减1/3）→ 84,723（减1/3）→ 85,531-86,850（清仓）。
空仓者（两种介入）：
1.
回踩低吸： 83,300-83,500回踩企稳（15分钟底分型）买入，止损82,900，目标84,400-85,500；
2.
突破追涨： 放量突破 84,400（小时量>15亿）追多，止损83,850，目标85,531-86,850。
风控红线： 跌破83,196（中枢下沿+缺口回补）→ 减半仓；跌破82,198 → 全部离场（D浪判断错误，回归大箱体思维）。
对冲参考： 87,200-87,400（双顶区）为D浪的终极压力，触及该区域后需重新评估（双顶三攻或放量突破）。
当前状态： 83,678，铁幕内部、POC脚下。这是D浪最经典的"攻击阵位"——上方400点是铁幕上沿，下方500点是否定线，风险收益比1:2以上。持多等突破，空仓等回踩，不追在84,050的第一次冲锋上。 We watch financial news every day and often see these terms: Federal Reserve, interest rate hike, interest rate cut, CPI, non-farm payrolls, inflation, U.S. Treasury yields. Then the news says: CPI exceeds expectations, non-farm payrolls are strong, U.S. Treasury yields rise, the market lowers rate cut expectations, BTC is under pressure. New investors look at this and think: I recognize every word, but I don't understand what it means when put together. Today, no complicated formulas. I'll explain it all at once in a way that even the village elder sitting at the door drinking tea can understand. 1️⃣ What exactly is the Federal Reserve? The Federal Reserve, full name: United States Federal Reserve System. You can simply think of it as: the central banking system of the United States. It is not an ordinary commercial bank. You can't go to the Federal Reserve and open an account to deposit $5,000. It mainly manages a few fundamental aspects of the U.S. financial system: interest rates, monetary environment, and banking system stability. The U.S. Congress gives the Federal Reserve two core goals: to maximize employment and keep prices stable. This is often heard as: maximum employment + price stability. The Federal Reserve aims to keep inflation around 2% in the long term. Simply put: the Federal Reserve is somewhat like the "main water valve manager" in the U.S. economy. If the economy is too hot, it tries to turn the water down a bit. If the economy is too cold, it turns the water up a bit. This "water" mainly means: money and credit. 2️⃣ What does "interest rate hike" mean? Many people think: when the Federal Reserve raises rates, it means all loan interest rates across the U.S. uniformly increase by 1%. That's not the case.渣男观察之BTC更新10.12
我们从K线看比特币经过3天的反弹，来到了箱体的中轴线附近位置，目前受该位置（83888）压制，那么短期咱们就看其他是否会再次回撤至82500一线，乃至81200一线。
那么策略上就可以在82500附近开个仓快进快出，
81200附近开仓止损就是跌破10.8日的低点，80350.
止盈，82500，83800，。。。。。 从道氏理论，缠论，波浪理论，量价关系，订单流，价格行为学浅析BTC短线走势(策略建议)
$BTC #星球日报
综合研判
道氏理论确认短期趋势转多，84,400为中期确认线
缠论中枢上移至铁幕内部，三类买点临近
波浪理论D浪目标84,700-86,850
量价关系地量弹簧+放量+周一早盘+2.4亿Delta，买方真实回归
订单流DeltaMA12一周来首次转正，POC决战在即
价格行为反转K线+跳空缺口+三重强势。
六维度自10月5日以来首次全面转多——C浪在80,316终结，D浪启动。本轮做空周期（10-7至10-9）已按纪律结束，现在进入做多周期。 阿老师实盘记录｜定投$SOL 第282天，手握130枚 SOL 💰
📅 打卡天数：第282天
💰 当前持仓：130.05 SOL
📈 当前盈亏：+50.73% (浮盈约32770 CNY)
💎 当前价格：~111.01 USDT
行情依然处于高位剧烈震荡中，上周刚创了历史新高11万，今天又回落到9.6万附近。这就是实盘的真实状态，心脏不好的真的容易“坐过山车”。🎢
我的策略依然很简单：
1️⃣ 不管涨跌，严格按计划定投。
2️⃣ 跌了多拿筹码，涨了坚定拿住筹码。
3️⃣ 少看盘，好好生活。
在这个市场，活得久比赚得快更重要。拿住这130枚币，静待花开。🌻
有没有一起定投$SOL 的朋友？评论区举个手！🙋♂️
SOL定投 #OKX星球 #实盘记录 #定投打卡 #Solana #长期主义 #加密货币 #投资理财 #CPI与PPI公布在即，加息预期迎考验 $SOL $XRP 这边又整新剧本了。💥
Evernorth借SPAC把壳一装，直接挤进美股，目标很直白：囤XRP。是不是闻到MicroStrategy那套味道了？老剧本换新演员。
可这跟我盘面有啥关系？基本没有。😅
大饼还在84000下方反复横跳，ETF刚刷出三个半月最大净流出，报税季大户还在卖币筹税。美债收益率5.6%压顶，场外没活水，场内高杠杆互相掏兜。
一家财库公司上市，解决不了资金面干旱。
所以，看到“美股”“财库”别先上头。长线是利好，传统资本和加密的墙确实在塌。🧱
但现在不是追高的借口。
行情像钝刀子拉肉，别赌单边。杠杆合约别碰，现货底仓焊死，U握紧。等报税季砸完，等美债疯劲过去，等大盘挖出真坑，再去捡便宜筹码。
巨头铺路是未来的事，你的本金得先活过这个冬天。❄️
这波$XRP 借壳囤币，你觉得能走独立行情，还是跟着大盘一起挨冻？🥶#CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ $BERA The official management of BERA is just a scammer who profits by exploiting investors. Last year, their ecosystem product BVT caused investors' stakes to be completely wiped out and exploited. This year, they launched another ecosystem product — BERA Mission, which offers interest through staking BERA. Without contract expiration, stakes were arbitrarily wiped out, causing losses to all investors. That's not all; shamelessly, the BERA Mission product has not been taken down and is still running on the BERA chain, intending to continue exploiting investors. Truly disgraceful!!!!On Monday morning, BTC climbed back above 83K, ETH also recovered around $2,500, and market sentiment was slightly steadier than the weekend. But the more "less panicked" the market, the easier it is to drag out a small matter until the last moment: the money you must spend today and this week in positions that fluctuate with the market. This isn't grand narrative, it's a very specific problem. AI memberships needed at 9 a.m., code tool credits in the afternoon, gift cards at night, shopping budgets for the next 3 to 7 days might be only $20, $30, or $100. The problem is, this money is so small it's not worth going through a whole complicated process for them, yet it's so important that if you can't pay, your work flow and life are immediately interrupted. The recent signals in the payment market are actually quite clear: stablecoins are no longer just transit assets on exchanges; more and more scenarios are discussing AI agent payments, digital goods settlement, subscription fee deductions, and cross-border microtransactions. In other words, the real value in the next phase is not whether "assets can appreciate," but whether "assets can be easily converted into usable budgets when needed." Many people lose out here: trading warehouses, stable balances, and spending budgets all mixed together. When the market rises a little, they hesitate to unravel; when the market drops a little, they don't want to move at the bottom; only on billing day do they realize that AI subscription fees, gift card purchases, shopping budgets—these fixed expenses don't wait for the market to give you a comfortable price. You can这波大饼 $BTC 和二饼 $ETH 又往上走了一段，我的看法也得跟着调整。之前我一直觉得短线震荡偏空，但今天早上大饼重新站上83000，最高摸到84200，二饼也从2500附近反弹到2540上方，短线确实比前几天强了。
之前我一直盯着83000这道压力，现在价格重新回到83000上方，冲高回落后也暂时没失守，说明短线修复还在。不过大饼上方还有84000—84500的考验，二饼虽然跟涨，2555—2580也还没真正突破。
这波上涨也有消息面支撑。前几天地缘风险缓和预期一度改善市场情绪，但不等于持续买盘已经回来。更何况CPI数据就要公布了，数据公布前市场容易反复，不能因为一根4小时K线回落就喊诱多，也不能因为反弹就认定反转。
所以我现在对大饼短线稍微偏多一些，二饼则继续谨慎。重要数据临近，价格又接近上方压力，直接追多未必划算。我更愿意等一个好点的位置，或者等突破后回踩真的能守住，再考虑是否参与。CORE属于小市值山寨币，没有行业统一的鲸鱼标准（不像BTC固定≥1000 BTC、ETH常用≥10000 ETH），一般圈内跟踪CORE常用两套门槛（Nansen / Lookonchain）： 1. CORE巨鲸（能砸动盘面）：≥100万 CORE 2. 大户/鲨鱼档：10万～100万 CORE 核心特点（和BTC、ETH最大区别） 1. 筹码集中度极高 前几名钱包包含：Core DAO国库、团队/投资人锁仓合约、质押合约、交易所冷钱包。前10个地址持有流通占比很高，这也是CORE波动远大于BTC/ETH的根本原因。 2. 没有一个固定不变的官方数字 - ≥100万CORE这一档：实时地址数量通常几十枚（动态变化，解锁、质押、转账都会变） - ≥10万CORE（大户）：几百个地址 很多地址是质押合约、基金会国库、交易所储备，并不是个人大户。真正可以自由砸盘、主动交易的独立巨鲸，数量比地址数少很多。 3. 数据痛点： CORE的链上统计没有BTC、ETH成熟，Santiment、Glassnode不会像大饼以太那样给稳定的巨鲸专题统计，只能在Core Scan0.09% margin rate! BCH is fighting desperately to hold on, while ETH and SOL, the two big brothers, are dragging hard! I'm really about to be squeezed dry.
Opening the account, my hands are trembling. This is not trading crypto; this is clearly wildly testing the limits on the Grim Reaper's desk!
Position update:
BCH: The last hope of the whole village! Full 10X leverage, entry at 261.02, mark at 284.63, unrealized profit +35.34U, ROI +82.95%! 426U principal, 42U margin, stubbornly holding up the sky for me. BCH really tried its best, but it just can’t carry the load!
ETH: The number one bottomless pit! Full 5X leverage, entry at 2718.24, mark at 2533.15. Unrealized loss -150.39U, ROI -36.51%! 5X leverage somehow feels like 50X despair, truly hopeless!
$BCH $ETH $SOL
$SOL: The second disaster zone! Full 20X leverage, entry at 115.63, mark at 110.92. Unrealized loss -62.53U, ROI -85.28%! The second brother who once doubled me now falls harder than anyone else, almost devouring the principal completely.
Honestly speaking: The +35U profit from BCH is just a drop in the bucket compared to the combined 210+U huge losses from ETH and SOL. The worst part is, the overall margin ratio is stuck at 0.09%!
0.09%, brothers! What does that mean? As soon as the market dips even the tiniest bit, even a 0.1% fluctuation, the entire account, including BCH’s hard-earned profits, will instantly be wiped out! There won’t even be time to close positions!
I once swore, “I’ll exit once these two big brothers break even,” but now I realize this is the cruelest vow in crypto. At 0.09% life-or-death line, forget breaking even, it’s uncertain if I’ll even see tomorrow’s sun alive. Waking up in the middle of the night to check forced liquidations, heart racing with every candle on the chart—this is the fate of a contract gambler, and I’ve had enough!
Rational mind screaming: Quickly close all positions and accept the loss, survival is priority!
Gambler’s heart quietly sobbing: What if there’s a V-shaped rebound? Cutting losses before dawn would be a huge regret!
Brothers, with this 0.09% hellish difficulty, what should I do? Should I immediately slash and clear, or keep holding on for a miracle? Please wake me up in the comments, give me a straightforward answer!
#CPI与PPI公布在即，加息预期迎考验
#机构持续布局，BTC为何仍承压？
#俄罗斯放宽柴油出口，霍尔木兹风险仍支撑油价 盯盘盯到烦，关掉反而看清楚了，眼睛不盯着心也不慌了。昨晚睡前 $AEON 又往上插了一针，交易量较少，上去没人接，诱多味重。我判断它站不住，提示反弹就是空的机会。
0.05898 进空，现在 0.05379，收益率 +175.65%，前面墨迹，走出来也是真香。
慌是因为没计划，亏是因为想太多。
趋势没坏就拿着，破位了就跑，别跟股票谈恋爱。
先平 80%，剩下 20% 成本价保护，反抽回来也别把利润吐回去。没上车的别急，等下一枪，后面还有机会。
$BTC $LAB Mainstream on-chain analysis (Santiment) defines addresses holding ≥1,000 BTC as BTC whales - latest statistics: 2,044 addresses ≥ 1,000 BTC, holding about 7.17 million BTC in total, accounting for nearly 36% of circulating supply. However! Addresses ≠ Genuine and independent individuals/institutions, which is the easiest pitfall: Includes cold exchange wallets, ETF custody addresses, platform reserve wallets, not all large individual users. For example, an exchange may have several such whale addresses, which actually belong to the same institution. More detailed layering (another sub-caliber) - Sharks: 1,000–5,000 BTC - Whales: 5,000–10,000 BTC (narrow sense) ≈ over 100 addresses - Humpback whales (super whales): > 10,000 BTC, fewer than 100 addresses. This includes MicroStrategy, the US government, early tycoons, and large custodians. Two key misconceptions: 1. It's impossible to know the real "number of whales": one person can control dozens of wallets; A single wallet could also be the money of many users (exchanges), and on-chain you can only count addresses, making it hard to distinguish the entities behind them. 2. Different platforms have different entry barriers: Some media outlets are a bit more lenient, calling ≥100 BTC 'big holder,' and the number of addresses increases to nearly 20,000, so they shouldn't be confused. In short, summarize by the most commonly used in the circle: 1Last night I was hoping the market would dip, but instead it went up. No need to rush though, just keep waiting for the right opportunity; there's no need to let short-term fluctuations disrupt your rhythm.
$ZEC: Almost back to 1300U. Already took profits around 1100+, currently holding only a small short position. If it rises near 1300, I'll consider adding to the position; if not, I'll keep waiting.
$HYPE: Still around 86U, the trend remains weak. Three days of gains don't outweigh one day of losses; it's really wearing. Next, we'll see if it can strengthen—short-lived rebounds alone aren't enough.
$LIT: The long-short ratio is only 0.77, and open interest hasn't dropped significantly, so short positions might be concentrated. If the price suddenly surges, a short squeeze can't be ruled out. There's still three months until unlocking; whether it will rise before then is uncertain—don't treat speculation as fact.
Finally, I want to remind everyone: for ordinary people entering the investment market with 100,000 yuan, the risks may be far greater than imagined. Many casually say they have 100,000 yuan online, but in reality, how many families can truly afford to invest 100,000 yuan of spare money?
So be sure to invest only spare money and avoid leverage—that's the bottom line!
Don't risk your living expenses or borrowed money. No matter how many opportunities there are in crypto, you can't catch every wave. Trading requires not only direction but also risk control.
Wait when you should wait, take profits when you should take profits. How much you make in the short term isn't the most important thing; being able to preserve your principal and stay in the market long-term is the real skill. #CPI与PPI公布在即，加息预期迎考验 Dogecoin (DOGE) Whale (Whale) Classification Criteria (Market General Standard) - 🐬 Dolphin: 1 million~10 million DOGE - 🦈 Shark: 10 million~100 million DOGE - 🐳 Whale: ≥ 100 million DOGE (can clearly drive market trends) - 🦑 Super Whale: ≥ 1 billion DOGE (institutional/exchange level) Quantity and Token Situation According to Santiment: There are about 140 wallets holding 100 million DOGE ≥, and these addresses collectively hold over 108 billion DOGE, with token concentration far higher than BTC and ETH. Key pitfall: The top spot on the rich list isn't a big player, but Robinhood's custodial cold wallet (about 27.2 billion DOGE, about 17.5% of circulating supply), which contains hundreds of thousands of retail investors' tokens, not just one person's; Second place is Upbit, third is Binance, both are exchange custody wallets, which are user asset custodians, not private whales. The legendary super address that once held nearly 30% DOGE was split at the end of 2021 and is no longer a single whale. Features (compared to BTC/ETH whales) 1. DOGE is a meme coin with thinner liquidity. A truly private whale makes a large transfer or dumping the market, causing much more volatility than BTC or ETH, which easily triggers crash sentiment and triggers chain liquidations. 2. Highly concentrated chips: the top 10 addresses together account for the circulating market#机构持续布局，BTC为何仍承压？
帮主有话说
机构在布局，BTC却还在承压。
摩根士丹利旗下MSBT持有约10639枚BTC，Strive也计划通过优先股融资继续扩大财库配置。长线资金确实在进。
但短线资金在撤。10月7日至8日，美国BTC现货ETF累计净流出约7.31亿美元。9日只回流了2113万，不到前两天流出额的3%。钱进来的速度，赶不上跑的速度。
BTC从8.7万回落到8.3万一线。美债收益率和能源价格都在高位，CPI又即将公布。机构配置是慢变量，短期卖压是快变量。慢钱接不住快钱，价格就撑不住。
我大饼多单83000已经进去了，止损81500，目标86000。86500的空单还在，止损87500，目标84500到85000。两边对冲，不重仓。
CPI出来之前，不押单边。多单看反弹，空单看回调。哪个方向先到目标，就先减哪个。不追涨不杀跌，等数据落地。$BTC $ETH $MAGIC
以上分析都具有时效性，单子必须要挂好止损，祝君好运。83K correction, don't let orders lose money for you
BTC early session corrected from around 82.7K to near 84K. The most tempting thing isn't the direction, but the feeling that "it looks tradable again." But what I care more about is another thing: when the market just regains liquidity, the order book often doesn't recover synchronously.
On the same candlestick, whether the quote layers are thick, whether the first level can hold, whether the spread suddenly widens, or whether trigger conditions push you to a worse position—all these can turn an originally decent judgment into a very unpleasant trade.
Many people only review whether the direction was right, rarely reviewing if the trade was executed in a worse order environment. Direction is an opinion; execution quality is the cost. Especially in early session corrections like this, what you should really look at first isn't the button, but whether this path will consume your risk buffer.
My habit is: first choose the asset, then compare quote layers, depth, estimated execution deviation, fees, and trigger conditions, and only then decide which way to take the trade. The value of execution-focused platforms like PerpEX lies here: they don't judge price moves for you, but remind you not to take execution quality as a given.
#BTC accelerating rally, can the funds continue to follow through? 爽！$MAGIC 多单爆赚22%，这才是真正的硬骨头！
姐妹们，看看我截图里的MAGIC多单，0.12632开的仓，现价直接拉到0.13557，收益率+21.94%！在ZEC和BICO一片惨红的时候，MAGIC硬是给我争了一口气！
这波为什么能拿住？因为底部横了半个月，0.12附近死活跌不下去，量能悄悄放大，BingX又刚上线现货，资金进场信号太明显了。我在0.126附近果断多进去，止损设好，剩下的交给庄家拉盘。
说实话，ZEC空单还亏着42%，BICO多单亏着171%，两个拖油瓶把我账户拖得很难看。但MAGIC这波至少证明了一件事：只要踩对节奏，不追高、不重仓，还是能吃到肉的。
接下来我的策略很简单：MAGIC继续拿着，第一目标看0.1385，突破就看0.152。带好止损，绝不贪心。ZEC和BICO那两个，等回调我再找机会处理，绝不乱补仓。
$BTC $ETH #CPI与PPI公布在即，加息预期迎考验 32,000 $BTC transferred into exchanges, my first reaction was that another dump was coming.
But after a closer look, 17,200 of them were moved from the US government wallet to Coinbase Prime. That's the custody channel of the US Marshals Service, which doesn't mean a sale. The real sell pressure to watch is about 14,800.
Honestly, I used to panic when I saw such large on-chain inflows, nervously reducing my position first, then watching it bounce back. I've lost out several times like that.
This time I’ve learned my lesson. The spent coins have an average coin age of 712 days, even older than the 651 days in July. Old coins changing hands isn’t necessarily bad; the worry is if no one is there to take them.
My stance: no short chasing, no rush to bottom-fish. Next, we’ll see if new money enters the market. If it holds, this turnover is just a deleveraging. If not, we’ll talk again.
#机构持续布局，BTC为何仍承压？
#交易之声：你的经验值得被听到 #新手必看：这里有你需要的一切 $BTC U 姐 10.12 周一 $BTC 思路
思路介入条件：反弹至 83700‑84000 区间，4 小时 K 线出现长上影，上涨量能跟不上，出现滞涨信号，确认承压后小仓位试空。
止损位置：价格有效站稳 84700 上方，压力突破，空头思路直接放弃离场。
第一止盈目标：82800
第二止盈目标：82300
前期从高点 87249 开启一轮下行，最低下探至 80344.8 探底完成，现阶段只是大跌后的技术性反弹修复，整体大周期下降结构没有改变。83700-84000 属于前期下跌留下的筹码压力带，本轮反弹属于下跌途中的反抽，并非多头趋势反转，反弹冲高乏力就会再次释放抛压，严禁追涨做多，等待压力位滞涨信号再布局空单。🔥 $BTC 链上数据：LTH向交易所转了3.2万枚BTC，是砸盘还是换手？
兄弟们，今天这条链上数据值得细看——
10月7-8日两天，比特币长期持有者累计往交易所转了约3.2万枚BTC，是今年2月大跌以来第二大规模。
乍一看是不是要砸盘？别急，拆开看：
其中1.72万枚是美国政府钱包转给Coinbase Prime的——这是官方托管通道，不一定是要卖。真正需要警惕的潜在抛压，大概1.48万枚BTC。
这1.48万枚主要来自两批人：币龄6-12个月的中期持仓，和3-5年的老筹码。
更关键的一个数：10月8日被花掉的LTH筹码，平均持了712天。7月的时候是651天。
什么意思？拿得更久的老筹码，开始动了。
分析师Murphy的观点我认同：牛熊过渡期，长期持有者派发不一定是利空。抛压释放出来，筹码重新分配，如果新增资金能接住，充分换手反而给后面行情减轻阻力。
一句话：老筹码在动，但别急着喊熊，关键看谁来接盘。
你们觉得这波LTH派发是顶部信号，还是牛市中继的换手？10.12 索拉 $SOL
这波反弹同样是脉冲式上涨，从 109.16 低点冲到 112.73 之后就拐头向下，哆头持续性很差，整体弱势格局没有任何改变。
反弹摸到 112.0-112.5 区间直接做箜，这个区间是前高密集成交区，也是布林上轨压力位，抛压很重，根本冲不上去。笋位放在 113.5 上方做好防守，芷楹先看 110.0-109.5，跌破支撑就去试探前低。#机构持续布局，BTC为何仍承压？ ETH current price is $2550.
Bitmine holds 6.016 million coins, accounting for 4.9% of the supply, less than 100,000 coins away from the 5% hard cap.
Tom Lee said: Stop buying when it reaches 5%.
In the same month, he said ETH would break $5000 by the end of the year, and if BTC reaches 100,000, ETH would hit $7500.
A person who has bet his entire fortune on ETH suddenly announces he will stop buying. Think about that.
On October 7 at Token2049, Tom Lee announced on stage: Bitmine will stop buying ETH once its holdings reach 5% of the total supply, which is a hard cap. He also said that after reaching 5%, the company can sell staking rewards to maintain the ratio.
In other words—not only will they stop buying, but they will also sell in the future.
Three days later, in an interview, he said: ETH in this cycle is expected to rise to $25,000 to $50,000, breaking $5000 by year-end.
Market data shows traders believe the probability of ETH reaching $5000 by year-end is only 4%.
The first reaction is definitely: If you are so optimistic, why not keep buying?
But the answer might be simple: Bitmine doesn’t want to buy; it can’t buy.
The treasury company’s business model is based on the core logic that "stock price is higher than the value of held coins," then issuing more shares to finance coin purchases. Once the stock price falls below NAV, issuing shares to buy coins dilutes shareholders.
This year Bitmine has already repurchased 21 million shares to support the stock price. Lee himself called it "the largest stock buyback in the history of crypto treasury companies" in an announcement. This shows the pressure is real.
The deeper contradiction lies here—
Tom Lee holds about $45 million in unrealized losses on paper.
He simultaneously manages Bitmine’s public forecasts and company strategy. When one person is both a major buyer and a market caller, there is an unavoidable "personal interest" dimension between his optimistic forecasts and company decisions.
This doesn’t mean he is necessarily lying. But investors need to factor this in their judgment.
But we must also acknowledge the other side.
Bitmine’s 5.07 million ETH holdings are already staked, generating about $363 million in annual staking income, fully covering the $30 to $35 million annual dividends on Series A preferred shares.
The company has no reason to be forced to sell core holdings due to funding needs. The hard cap actually eliminates the risk of equity dilution, so shareholders don’t have to worry about unlimited financing to buy coins.
In plain terms: He stopped buying, but won’t crash the market. It’s just that "the most stable buyer" is leaving.
The question is—who will take over?
In recent weeks, Bitmine has been buying about 15,000 ETH per week, accounting for about 72% of the newly issued supply during the same period. Once it stops, about $7 million daily potential selling pressure will have no one to absorb it.
ETH spot ETFs have had net outflows for 8 consecutive days, totaling $641 million. The second largest ETH treasury company, SharpLink, only bought 5,000 ETH at the low point in June this year.
No successor buyer has appeared yet.
"Is what Tom Lee said correct? Possibly. But there is a structural conflict of interest between what he says and what he does, and this tension itself deserves to be priced in. When the biggest buyer is also the biggest market caller, you need to listen to what he says and watch what he does."
$ETH $ETH $MAGIC $MAGIC 0.1 被击穿，多头最后那点念想也跟着碎了！😱
整数关口从来不只是价格，它是心理锚、止损线、杠杆清算的引信。📉 盘口一破，挂在下方的保护单会变成连环市价卖单，越跌越挤，越挤越快。
聪明钱面板同样难看：多头平均成本约 0.12，325 个地址合计深套 57 万，盈利占比只剩 24%。😵💫 连 0.1 都守不住，还拿什么谈反转？
破位后下方承接稀薄，反抽更像逃命窗口。🧨 别等清算瀑布砸完才追，趋势已经偏向空头，顺势偏空比盲目抄底更清醒。🐻⚠️ 非投资建议。We are studying the new P73 CryptoMarket Monitor report on the weekly TF. First, another 10 assets showed potential high marks. Among them are #APT, #FIL, #OP, #TIA. And what unites them all is that they are part of our spot copy portfolio from October 2025. In which we plan to add on market pullbacks during the growth from August to October. Only one of these assets showed a transition to a stable uptrend on the weekly TF by the end of the week - #FIL. For this asset, by the way, this is the first stable uptrend on the weekly$SNDK says three things, all of which are my current true thoughts.
The big Bitcoin correction isn't over yet. It's hovering around 83,000; I'm waiting for it to drop below 80,000—if it really does, I'll go all in. The bull market isn't over; this kind of correction is for a better rise later. Around 7.8 is where I plan to finish buying and start reducing positions.
I’m not adding to SPCX for now. Elon Musk recently said SpaceX's valuation could reach 1 trillion, which sounds exciting. But based on valuation, 167 now isn’t cheap. Those who want to add should wait for a pullback; don’t touch the chips bought at the bottom, just hold them.
Storage is actually starting to get cheaper. Micron is around 1,030; the latest earnings report shows strong demand for HBM, with next year’s supply basically locked in and contract prices even raised. SanDisk is between 1,580 and 1,640; Citibank gave a target price of 2,100, saying NAND shortages could last until 2028.
My approach is clear: for storage positions, I will slowly switch to SanDisk. I’ll keep buying on dips, not chasing highs.
Are you guys buying storage now, or waiting for a pullback like me?
$BTC $SPCX $SNDK Bitmine is going to stop buying.
ETF outflows have continued for 9 consecutive days.
ETH has dropped to around $2500, and the market is in a state of wailing.
Everyone is asking the same question: who will take over the position?
But this question might have been asked wrong from the very beginning.
Bitmine's holdings have reached 6.016 million ETH, accounting for 4.9% of the total supply, with less than 100,000 ETH left before hitting the 5% hard cap. Tom Lee personally said that they will stop buying once they reach 5%, and will not buy anymore.
The situation with ETFs is even worse. The ETH spot ETF has had net outflows for 9 consecutive trading days, with a cumulative outflow of $635 million since October. BlackRock's ETHA is the hardest hit, with a single-day maximum outflow of $202 million.
What about the price? ETH is now fluctuating around $2500. The RSI is at a weak 44.6, and the trend indeed looks unfavorable.
These are all facts, no denial.
In the past year or so, Bitmine alone has absorbed 70% of the newly issued ETH. About 2,980 new ETH are issued daily, of which approximately 72% are bought by this single company.
What does this mean?
The supply side of ETH has become highly dependent on the presence of one buyer.
And now this buyer is stopping—shifting from absorbing 70% of new weekly supply to possibly becoming a seller releasing a small amount of staking rewards.
Sounds scary, right?
But think about it the other way: if an asset always needs a big buyer to "support" the price, then it is inherently fragile. Bitmine stopping actually forces ETH to prove one thing—it doesn't need to rely on a treasury company to survive.
A more critical detail: structural changes are brewing on the supply side.
The community is indeed discussing EIP-8363—proposing to reduce the annual issuance by about 58.6% under the current staking amount of approximately 42.2 million ETH, lowering the staking annual yield by about 56.4%, with an 18-month transition period. Although this proposal has been withdrawn from the Hegota upgrade, it may be reintroduced through a dedicated consensus process in the future.
But the direction is clear: the Ethereum community is seriously discussing "how to make ETH a deflationary asset again."
Currently, ETH's net daily increase is about 2,980, with an annual inflation rate of about 0.86%. If the issuance reduction proposal is implemented in any form, ETH will shift from "net issuance" back to "quasi-deflationary."
Bitmine's stop in buying happens just on the eve of this turning point.
There is another overlooked signal: restraint itself is value.
Tom Lee chose to stop at 5%, rather than using influence to accumulate indefinitely.
An institution can be the largest participant but should not try to dominate the entire network.
This is not weakness; it is respect for the ecosystem's health. Imagine what would happen if one entity held more than 10% of ETH—that would no longer be Ethereum but the "Bitmine chain."
True long-term investors know where to stop.
The real variable is not "who will take over Bitmine's position."
It is: has Ethereum's narrative changed?
Tom Lee's core logic has never been "treasury companies hoarding coins," but tokenization—BlackRock, JPMorgan, and other traditional institutions will build on Ethereum, with on-chain asset scale penetrating from $3-4 trillion toward the $200 trillion traditional capital pool.
If this trend holds, ETH's demand source will shift from "treasury companies buying up" to "real demand generated by on-chain economic activity."
That is a completely different demand curve—slower but more sustainable.
When expectations are extremely low, the direction is often upward.
Data shows traders believe the probability of ETH reaching $5000 by year-end is only 4%.
4%.
When no one believes, any marginal improvement can become a catalyst. ETF outflows are nearing an end, Bitmine stopping has been fully priced in, issuance reduction discussions are advancing, and tokenization infrastructure is being built.
Pessimism is maxed out. There are only two possibilities next: either more pessimism or a turnaround.
Bitmine stopping buying is a fact. But if you are bearish on the entire asset just because one buyer is exiting, then you are betting that "Ethereum has only one buyer."
That is clearly not true.
ETFs are flowing out, but ETFs have never been the only source of ETH demand. Treasury companies are stopping, but the big trend of tokenization is just beginning.
The market is betting on one buyer leaving, while Ethereum is betting on the arrival of an entire era. $BTC $ETH $STRK October ETFs broadly weakened, with intensified tug-of-war between bulls and bears on the BTC market
Many originally expected a market rebound in October,
but ETF fund data shows reality falling short of expectations.
Spot ETFs for $BTC, $ETH, and $SOL collectively experienced capital outflows in October.
Bitcoin ETFs saw a net outflow of $386.3 million in the first seven trading days of October.
Even a brief inflow on Friday couldn't offset the large-scale exits earlier in the week.
Ethereum ETFs faced even greater pressure, with nine consecutive days of outflows,
accumulating a loss of $635 million in October.
Solana ETFs also saw slight outflows.
Institutional funds are generally retreating, putting significant pressure above the coin prices.
However, on-chain data shows an interesting divergence.
Recently, long-term BTC holders transferred chips to exchanges,
marking the second-largest transfer since the big drop in February this year.
Excluding transfers related to the U.S. government, potentially sellable chips amount to about 14,800 BTC,
many of which are old chips held from half a year to several years.
Analysts hold a dialectical view:
Old chip turnover doesn't necessarily mean the market has peaked;
it's a reshuffling of chips.
If new funds can absorb the sell-off,
ample turnover could actually reduce resistance to subsequent price increases.
Short-term market funds also show reversal signals.
BTC saw a net inflow of 722 BTC in the past 24 hours,
a significant increase compared to the previous day.
The market now is a typical bull-bear game.
Long-term institutions are redeeming ETFs and exiting, old whales are cashing out chips,
while short-term funds are buying the dip.
The tug-of-war between bulls and bears likely means short-term volatility will continue