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U.S. stocks plunged right at the open, wiping out nearly 1 trillion dollars in market value in less than an hour. This amount is equivalent to the annual GDP of a medium-sized country, disappearing directly from the market.
The money didn't just vanish into thin air; someone is running away with it. The selling pressure was most concentrated in the first few minutes after the open, indicating that overnight orders were queued up to sell, rather than a panic sell-off triggered during the session. This kind of move usually falls sharply and recovers quickly, with the spread in between being captured by market makers.
At times like this, the crypto market is the most direct indicator. $BTC and $ETH are tied to the risk appetite of U.S. stocks. When U.S. stocks drop, the Asian session crypto market usually first shrinks in volume, squeezing out some long leverage, and then rebounds. Bitcoin falls fast and recovers fast at this level; the trouble is not to chase shorts right at the open.
Ethereum's correlation with tech stocks is even tighter than Bitcoin's. When tech stocks undergo valuation cuts, ETH's volatility is amplified, with price swings more intense than BTC's. To bet on a rebound, the higher volatility offers better odds, but position sizes must be smaller.
What’s really worth watching is not this trillion-dollar drop, but whether anyone steps in over the next few days. If U.S. stocks stabilize after one day of decline, crypto is likely just taking a brief hit; if the decline continues, Bitcoin’s support levels will need to be redrawn.
I tend to see this as an emotional release, not a trend reversal. But keep positions light, leverage low, and wait until the U.S. market closes to see if funds return.The earnings report exceeding expectations reflects the last quarter, while the stock price reacts to the present and future, so the decline is inevitable Storage can't hold up either, where is the left-side bottom-fishing window?
The pre-market atmosphere remains grim. The storage sector, propped up by SK Hynix for a day, still fell further, the cover was lifted. Google has returned to near its March lows, Micron and SanDisk are testing July support, next to watch are the midterm election results and the evolution of the war.
There are roughly two paths: if both chambers are lost, the market may continue to sell off first, then brew a major reversal at some point; if Congress is split, it may directly reverse. My plan is to fully buy in batches on the left side before November 3, then increase leverage on the right side after news confirmation. This is a window for a capital scale leap, but leverage is a double-edged sword, discipline must not be lost.
Not investment advice, just pre-market notes. #英特尔Q4业绩指引低于预期，股价大跌 $SNDK $INTC Storage can't hold up either, where is the left-side bottom-fishing window?
The pre-market atmosphere remains grim. The storage sector, propped up by SK Hynix for a day, still fell further, the cover was lifted. Google has returned to near its March lows, Micron and SanDisk are testing July support, next to watch are the midterm election results and the evolution of the war.
There are roughly two paths: if both chambers are lost, the market may continue to sell off first, then brew a major reversal at some point; if Congress is split, it may directly reverse. My plan is to fully buy in batches on the left side before November 3, then increase leverage on the right side after news confirmation. This is a window for a capital scale leap, but leverage is a double-edged sword, discipline must not be lost.
Not investment advice, just pre-market notes. #英特尔Q4业绩指引低于预期，股价大跌 $SNDK $INTC ⚖️ BTC BENCHMARK
$BTC moved -4.85% over the last 24 hours.
$ZEC lagged $BTC by 3.95 percentage points.
$SOL lagged $BTC by 1.98 percentage points.
Is capital rotating into alts, or is $BTC still setting the market direction?
$BTC $ZEC $SOL
#MarketComparison #Crypto
⚠️ NFA — manage risk and DYOR.⚠️ Watched the market for a long time, in the end I chose not to take action 🔥
Today I watched the market for a long time, but ultimately didn't dare to open a position
How brutal the market is
$1.53 billion liquidated across the entire network in 24 hours
238,800 people liquidated
83.8% were long positions
BTC fell below 80,000, long positions liquidated $499 million
ETH was even worse, dropped over 5%, liquidated $358 million
Friends chasing highs around me
Some deeply trapped, some directly liquidated
Originally planned to go long around ETH 2252
This is a liquidation dense area
Looking at macro data, I immediately gave up the idea
Core PCE 3.1%, overall PCE 3.6%
Rate cuts delayed, 85% chance of rate hike in December
Hawkish stance suppresses BTC, weak oscillation in 78,000–83,000 range
I adjusted support levels downward
ETH target 2200, BTC target 77,700
Even if it reaches these levels, I might not enter
Wait for a wick, recovery, and stabilization before considering
Premature positioning is easy to get trapped
This market has already proven
Leveraged bottom-fishing is just supplying ammo to the manipulators
Are you holding coins and watching now, or stubbornly holding positions?
Just personal real trading insights, not investment advice
$ETH $BTC
#美国9月核心PCE升至3.1%，加息预期仍高 I want to have a dream, a daydream that $ETH crashes to 1000, hahaha!
Jokes aside, but looking at the current market, it really feels pretty good! I entered a short position at the high of 2354, watching it free fall all the way down, and now it has directly dropped to 2225.9, comfortably earning a 16.32% profit. If it could really crash to 1000, I wouldn't even dare to imagine that scene!
But we still have to return to reality and look at the hardcore logic of this market:
First, look at the candlestick trends. The daily and 4-hour levels are all standard bearish alignments, with moving averages pressing down like a mountain on the head. The previous high-level platform was smashed long ago, and the current downtrend channel is fully open. Every slight rebound is a volume-less bull trap, unable to create any waves.
Next, look at the order book depth. Keep an eye on the 2225.98 level above, which is directly pressing down a large order of 111.97 units, and above that from 2226 to 2226.06 there are rows of sell walls. The main force doesn't even bother to hide anymore; it's clear they want to crush the bulls to death. The buy orders below look plentiful but simply can't withstand this level of selling pressure.
The market is panicking, liquidity is drying up, so don't blindly catch falling knives now. Let's put the daydream of 1000 aside for now; take it one bite at a time and first see if it can smoothly break through the 2000 mark. Hold the short position steady and let the profits fly a little longer!
$BTC $SOL #美国9月核心PCE升至3.1%，加息预期仍高 Got dumped on $XDP today -5.07% | Rant summary: short on every rebound, don’t catch the falling knife after the market maker’s signal $XDP basically flopped the debut of new players today. Doppler Finance’s governance token had an average daily volume just over 2 million USD in the first six days, quietly climbing step by step, so quiet that even market apps didn’t bother to push notifications; yesterday volume spiked to 10 million USD to test the waters, and this morning it directly dumped 124 million USD, crashing the price from $0.01905 to $0.01766 in 24 hours, a 5% drop, with volume 35 times the six-day average — this isn’t a volume breakout, it’s a market maker’s big sell-off to clear inventory, and after the dump, the market maker signaled to exit, leaving 1.22 million USD worth of holdings scattered in the wind. It pushed out many old names from the hot list to make a brief appearance; the first day’s hype should be seen as a smoke screen, as the excitement usually fades faster than it arrives. Strategy first: short on rebounds, place short orders in two batches between $0.0188 and $0.0194, with a unified stop loss at $0.0196; if the previous high is broken, accept the loss and exit, don’t fight the trend; target support at $0.0171 first, if broken extend to $0.0167 for a full exit. Use 2 to 3 times leverage, starting with a 2:1 risk-reward ratio. Reason in one sentence: huge volume spike with a big bearish candle, every penny that rushed in is looking for a bag holder, the rebound is not a reversal, it’s a dedicated delivery service for short sellers. Don’t ask why it’s on the hot list, just know there’s too much money around Today I stared at the market for a long time and really didn't dare to make a move.
The current market is too brutal. In the past 24 hours, the entire network liquidated $1.53 billion, with 238,800 people liquidated, 83.8% of whom were long positions. After BTC fell below 80,000, long positions liquidated $499 million; ETH was even worse, dropping over 5%, liquidating $358 million.
Several friends around me who chased highs recently are now either stuck or directly liquidated.
I originally wanted to buy some longs around ETH 2252 because that is a dense liquidation area below. But looking at the macro picture: core PCE year-on-year at 3.1%, overall PCE at 3.6%, both meeting expectations but continuing to accelerate, rate cuts completely postponed, and the probability of a rate hike in December still around 85%. Wash's "hawkish pause" keeps Bitcoin oscillating weakly between 78,000 and 83,000.
So today I lowered my targets: ETH at 2200, BTC at 77,700.
Even then, I might not buy. In this market, it's better to wait for a wick, a pullback, and a stable hold than to get buried by entering early. The past 24 hours have proven that leveraged bottom-fishing just fuels the manipulative whales.
$ETH $BTC #美国9月核心PCE升至3.1%，加息预期仍高 Technology is in a mess, mainstream coins have also plunged, and now the market is focused on Apple because only under these circumstances can Apple have an independent rally.
$AAPL current price 347.70, the market bets on a 76% probability of earnings beating expectations, plus the catalyst of foldable iPhone Duo production capacity news, Foxconn stocking up, offline pre-sales sold out, the new narrative is already online.
High oil prices and inflation expectations are suppressing the pace of rate cuts, valuations of cloud AI computing power targets like $SOXL and $SNDK are under pressure, and many bulls in the sector are still holding positions, so selling pressure has not been cleared.
Funds are unwilling to completely leave technology but cannot withstand the sharp sell-off in the computing power sector, so they are clustering around Apple. Apple is advancing edge AI, with restrained capital expenditure and stable cash flow, and the foldable new device has opened up new growth prospects, becoming a safe haven in technology.
This round of Apple’s strength is a market brought by risk rotation.
As long as crude oil does not fall and the storage sector has not completed chip turnover, AI computing power will be hard to rise, and Apple is more likely to have an independent strong performance.
Be patient and wait for the turning point; before that, watch computing power cautiously and move less, Apple is a direction with stronger certainty in technology. #苹果新CEO迎来iPhone18首份成绩单 Gold has trended on social media, plunging over 3% in the early morning, breaking below both 4000 and 3900. Why has it been falling continuously?
The sharp rise in December rate hike expectations by the Federal Reserve is the core bearish factor. The market now prices an 80% probability of a 25 basis point hike in December. U.S. Treasury yields and the dollar index have surged strongly, directly suppressing gold.
During the session, gold prices successively broke key supports at 4000 and 3950. The breakdown triggered algorithmic quantitative funds to short in line with the trend, causing the decline to rapidly accelerate in the short term.
After previously surging above 4000, a large amount of profit-taking positions accumulated. Facing uncertainty around macro rate hike expectations, large funds chose to lock in profits.
After releasing oversold momentum in the short term, avoid blindly chasing shorts at low levels to prevent getting caught in a liquidity-clearing rebound. Watch closely whether a volume spike and stabilization pattern can form around 3850. An $83 billion behemoth piece presses down on the center of the board, while Marvell holds only $3.9 billion in cash—this is not an acquisition, but a forced sacrifice attack in a time panic. The board immediately reveals a contradiction: Lumentum's size is the heavy piece, Marvell's cash is the light piece; a light piece leverages a heavy piece only by first borrowing a "queen." The financing structure is the landing spot of this queen; issuing shares is opening a line, borrowing is pressing a line, convertible bonds are a restraint; one wrong move, and the central pawn formation collapses instantly.
I never pay attention to the announcement day hype, only to the order of piece exchanges. Custom AI chips, lasers, high-speed optical links—if these three lines can be combined to control the central square, they can indeed push the initiative of the data center supply chain forward by two squares; but pricing is the piece exchange, financing is leveraging momentum, and integration costs are the pawn formation in the endgame. An $83 billion market cap is not a piece to be swallowed in one bite, and $3.9 billion cash is not a pawn to be discarded at will. Using high leverage for a strong attack may produce a loud short-term check, but the endgame may have isolated pawns and weak squares; using equity financing dilutes existing shareholders' positions, effectively conceding half an open line.
The news says a move may be made next week, which is a typical time panic scenario. True masters do not recklessly push pawns when the opponent is on the clock; they first calculate the three layers of changes: financing terms, regulatory path, and integration losses. The market's linkage to $xTSM is more like a mirror game: the main game is not yet set, the mirror moves first, and false first moves are most likely where liquidity is thin. The first check in a mirror game is often a decoy; if you only focus on the pulses reflected on the chain, you will overlook the imbalance of forces on the main board.
My judgment is straightforward: the winning or losing move in this game is not "whether to announce," but "what to exchange for." Insufficient cash forcing a swap for a heavy piece is equivalent to handing over the king's wing pawn chain to the financier; once integration costs exceed the budget, long-term value will be dragged into an endgame of grinding down the king. Announcement day is just notation; the real outcome is decided before the financing terms are finalized. #marvelllumentumtalks Intel's quarterly report is like a beautifully rendered facade elevation, but once you cut into the construction section, the density of the rebar in the load-bearing columns is immediately exposed — Q3 revenue rose 21% to $16.5 billion, EPS was $0.52, and the acceptance certificates for the completed floors do look good, but the Q4 guidance is directly cut down to a range of $15 billion to $16 billion, with EPS only $0.25. This is not just a renovation adjustment; it's as if the construction plan for the subsequent floors was halved on the spot by the client.
What really unsettles the structural engineers are two things. First, the slowdown in PC demand is expected to continue into the first half of next year, which is equivalent to extending the foundation settlement period of the entire building. No matter how fast you build above, the base keeps sinking slowly, and cracks will inevitably climb up along the core tube. Second, the shutdown of the Israeli factory affects Q4 shipments, which is a supply chain disruption of prefabricated components — no matter how good your construction organization design is, if the custom steel structures for beam-column joints don’t arrive, the tower crane has to wait idly, and penalty clauses for construction delays will be triggered one by one.
Having worked on projects for so many years, the worst scenario is this: the completed parts show impressive data, but the client and management team have fundamental disagreements over the construction drawings for the next phase. The big bearish candle after market close essentially reflects investors casting a vote of no confidence on the structural calculation report of this building. You may treat Q3 revenue growth as the fireworks for the building topping out, but what they see is the Q4 suspended work platforms and a sharp drop in formwork turnover rate.
Looking at the linkage with the US stock token $xSNDK, it carries not just Intel’s renovation aesthetics but the municipal utility load of the entire semiconductor industrial park. When the follow-up construction rhythm of the flagship project is disrupted, the valuation models for the surrounding supporting sections all need to be redone with new load combinations. This is not an emotional pullback; it’s a demand to redraw the underlying reinforcement diagrams.
Whether a project can stand is never judged by how dazzling the model room lighting was on opening day, but by whether the underground garage leaks during the rainy season and whether the shear walls have shifted. The Q4 guidance is that rainy season construction special plan — now that the plan has been submitted, the supervisor only approved two words: rework. #intelq4outlookmissBTW this drop was caused by unlocked tokens being dumped.
November 2: Released 101.60 M, accounting for 1.02% of total supply
Tokens are released every month, but the big holdings from the team and investors won't be unlocked until March 2027. The market is thin, and when new tokens get dumped, it directly wipes out a wave of longs, many long positions get liquidated, and funding rates have turned negative. The selling pressure hasn't cleared yet, so don't rush to bottom-fish and catch a falling knife.On the sounding chart, the cloud-top brightness temperature of the data center column has dropped to minus eighty degrees, while on the same vertical profile, the consumer end experiences a subsidence inversion at minus twenty-nine degrees—two completely opposite vertical shears in the upper and lower layers, something I've only charted a few times during my years on duty.
Storage vendors' first-quarter revenue surged to $11.031 billion, up 378% year-over-year and rising another 23 percentage points quarter-over-quarter. This is not stratiform precipitation covering the entire area, but a strong convective outbreak at a single station: moisture is drawn away from the consumer end in an entire layer and transported entirely over the data center. The data center posted $4.802 billion in a single quarter, up 61% quarter-over-quarter; the consumer end dropped 29 points quarter-over-quarter. On one side is a warm, moist jet; on the other, dry, cold subsidence; separated only by a shear line, with isobars so dense on the data center side they almost merge into a solid mass.
More worth watching is the forecast for the second quarter: a revenue range of $12.2 billion to $12.6 billion, translating to $55 to $57 per share before splits. Numerical models show a warm ridge continuing to shift northward; management attributes growth to strong and sustained demand—in meteorological terms, the moisture channel remains open, the boundary layer continues to supply energy, and dew point temperatures are rising rather than falling.
But we must consider teleconnections. Upstream, this storage engine and downstream XORCL are essentially two stations under the same subtropical high-pressure control. The spiral rainbands on the typhoon's periphery always arrive before the eyewall: computing power orders land first, while equity pricing reactions lag by half to a full phase. The strongest winds are on the data center side, where gust fronts are most likely—any interruption in warm, moist transport at any time step will release the previously established full-layer instability in the most intense way.
The 29-point negative growth at the consumer end is not light rain but descending airflow. It is temporarily masked by the data center's upward motion but cannot cover the increasingly thin stable layer in the sounding data. Ensemble forecast divergence converges toward the warm zone, but the extreme value tail still hangs in the cold zone, with low visibility and a widely spread probability circle.
According to business standards, this structure warrants at least a strong convective potential alert: not widespread heavy rain, but localized, sudden, vertically vigorous convective cells with very narrow impact areas and extreme intensity.
My assessment is: this convective cloud has already developed into a mesoscale convective complex, with a clear eye area, complete spiral rainbands, and no weakening features on radar echoes—but the stability beneath it has already been rewritten by the northeast airflow at the consumer end. #sandiskq1revenueup378%#Palantir Earnings Report Expectations: Can High Growth Support the High Valuation? $NEAR This buyback makes me laugh out of anger.
They forcibly issued $13 million worth of tokens in a month, then turned around and spent $1.9 million on a buyback show, and the bought-back tokens aren't even burned—they're all held by the project team.
Isn't this just like scooping water under a dripping faucet with a sieve?
And there are still a bunch of people bottom-fishing hoping for a rebound, but the circulating supply has already inflated beyond recognition.
Every day the team's money-printing machine gets bailed out, pushing the price up.
#NEAR
$NEAR
👇$BTC
Today it finally broke below the 80,000 mark completely, steadily dropping to around 77,000, shrinking 4% in a single day; ETH performed even worse, easily breaking below 2250; $SOL was even more miserable, crashing straight down to 95. A few days ago, some people came to argue with me, saying "The US stock market keeps hitting new highs every day, and the crypto market has been sideways for so long without falling, it must be holding back a big move and is about to catch up."
I replied at the time: just forget it and go to sleep. When AI concept stocks start to turn down, cryptocurrencies are not a safe haven at all; they are typical high-beta assets—when tech stocks sneeze a little, the crypto market goes straight to the ICU; today, as the Nasdaq and Philadelphia Semiconductor Index crashed, the crypto market immediately followed with a big plunge, exactly this logic.
The so-called "decoupling from US stocks" and "digital gold" are fairy tales only believed during bull markets. When the whole market is deleveraging and squeezing bubbles, everyone is like grasshoppers on the same rope, water in the same pond. Facing this correction, are you planning to stubbornly enter to catch the bottom, or hold onto cash and wait for the dust to settle?
#美国9月核心PCE升至3.1%，加息预期仍高 The "$BTC" "post-drop phase" tests the chips even more
Last night, the Binance security incident stirred the market, with an impact scale of about $6.3 billion causing sentiment to tighten sharply. But more troublesome than the drop is the chips waiting to be unlocked above. Data shows BTC profit-taking is only 4.03%, about 96% of positions are at a floating loss, with an average cost of about $78,967; the $78,000–$81,000 range is also a dense cost zone. This means that when the rebound reaches this range, the unlocking positions may become natural selling pressure, and a single bullish candle is unlikely to prove a reversal.
Today, focus on two points: whether the rebound expands in volume, and whether the price can gradually digest the trapped chips. A low-volume rebound looks more like a repair, not a trend reversal; only with volume cooperation and repeated turnover in the dense zone can the market have a stable foundation. Black swan panic will recede, but chip pressure will not automatically disappear.
As for how long it takes to stabilize again, there is no need to guess the exact number of days. If there are no further shocks from the incident, the market may use weeks of oscillation to turnover; if the security incident ferments or macro weakens, the time will be longer. The key is not to guess the bottom, but to see if the $78,000–$81,000 range can turn from resistance into support. Before stabilizing, treat the rebound as a "unlocking window" first. #美国9月核心PCE升至3.1%，加息预期仍高 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #加密行业协同守护资产安全 ICE brings institutional credibility, Trade[XYZ] brings the market design, and Hyperliquid supplies the infrastructure.
What makes this interesting is the potential to bring traditional assets into continuously traded, on-chain markets without relying on conventional exchange hours.
For $HYPE, this could expand demand beyond crypto-native traders. The real milestone will be liquidity, execution quality and actual institutional participation.
#OKXICETradeXYZPerps Judging by the price of crude oil, technology still needs to fall further
Crude oil $BZ has stabilized and rebounded, stuck above 113. This level is the core constraint suppressing the technology and storage sectors, and the interplay between the two is very subtle.
When oil prices rise, it directly pushes up inflation expectations. The market will assume that high inflation is unlikely to fall quickly, and interest rates will remain high for longer. In a high interest rate environment, growth stocks with long-term valuations like technology and storage are hit the hardest. Capital will recalculate: future profits discounted will depreciate, so investors are unwilling to pay high premiums, and valuations for storage and semiconductors naturally continue to be under pressure.
Currently, the market forms this cycle: rising oil prices → rising inflation expectations → delayed rate cut expectations → pressure and weakness on technology growth sectors.
Adding to this is the chip issue we mentioned before: the semiconductor sector currently has a very high proportion of bulls, with many still holding positions and adding to their positions, so selling pressure has not been cleared. The ongoing bearish catalyst from crude oil makes it even harder for $SOXL and $SNDK to reverse.
It’s not that technology will crash immediately when oil prices rise; it won’t be a simple synchronized plunge, but rather sustained emotional suppression. As long as crude oil does not show a decent pullback, the shadow of inflation won’t dissipate, making it difficult for technology to mount a decent rebound. Most likely, it will continue to grind and release bullish positions.
The turning point requires two signals to resonate: crude oil turning downward + collapse of confidence and turnover among bulls holding positions in the sector. Until then, it’s best to stay out of the market and observe, not rush to bottom fish. $XRP
I take the OCC trust license very seriously. Ripple is the first crypto company to obtain a national-level trust license in the US, so future custody and stablecoin businesses will have proper licensing backing. But the price doesn't seem to acknowledge this.
Tonight, XRP tested at 1.2479, dropping 4% in 24 hours from a high of 1.3006 to a low of 1.1987, with Binance at 1.2484 matching that. Some say the good news is fully priced in, but I don't entirely agree: BTC also dropped nearly 5% the same day. This wave is the market pressing down on the good news, not an issue with the license itself.
When I wrote about XRP last month, I still thought the long-term logic was quite sound. But the logic hasn't changed a bit, yet the price still fell. It's the same old problem: being right in analysis doesn't mean making the right move. I’m not touching this money now.
#美国9月核心PCE升至3.1%，加息预期仍高 $BTC
After watching exchange hot wallets for two days, I only realized after seeing the reminder from OneKey CEO: there are $63 billion worth of BTC lying in BlackRock's IBIT, and theoretically, this pile of coins is also a target for North Korean hackers. Previously, I only thought about cold wallet security, forgetting that the scale itself is also a target.
From 2019 until now, North Korean-linked hackers have stolen about $9.6 billion, with Binance alone accounting for $6.4 billion this time. The fear and greed index has dropped to its lowest since August. BTC was tested at 77,444 tonight, dropping nearly 5% in 24 hours from a high of 81,389 to a low of 76,472, with Binance at 76,444 matching that.
The fee rate is still 0.01%, with positions at $2.64 billion not shrinking much; the bulls haven't given up nor panicked. My judgment: panic hasn't reached the point of a bank run yet, but as long as the hacker wallets aren't cleaned out in a day, I consider any rebound just a pullback.
#美国9月核心PCE升至3.1%，加息预期仍高 Is $CORE about to die?
"People have left" — who left is ten times more important than the fact that they left.
On October 28, Rich Rines and Brendon Sedo stepped down from their DAO positions. The official wording was "entering the next phase of decentralization," with the community taking on more governance responsibilities.
Rines was not an ordinary contributor. With a Coinbase background, he was the technical driver behind the mainnet launch. Sedo managed Core Ventures' ecosystem fund deployment. These two were the most recognizable "faces" of Core.
But the real sting isn’t that they left. It’s that the announcement didn’t name successors or provide a handover timeline. People left, and their positions remain vacant.
A community comment has been repeatedly quoted: "The project calls this the next step of decentralization, but the market only reads it as 'people left.'"
"Nodes withdrew" — only one node away from the critical line.
The number of independent validators has dropped below 20, completely missing the original target of 31 validators.
What is the consensus safety threshold for Satoshi Plus? If it drops to 15 or below, a collective outage or collusion among a minority of nodes can freeze consensus and halt block production.
Below 20, the red line is 15. There’s less than a 5-node buffer in between. Moreover, the remaining nodes are "highly coordinated," with no neutral nodes holding dissenting opinions.
Nodes aren’t "exiting" abruptly; they are "slipping away." A little less each day, with no announcements, no breaks. By the time anyone notices, the number is already dangerously close to the red line.
"Price drop" — the manner of the drop is more telling than the magnitude.
In the past 30 days, -25.27%; in 6 months, -52.37%; in one year, -92.52%. On October 29, the intraday low was $0.01403, breaking all previous lows with no support below — a blank slate.
But more telling than the drop percentage is the pattern of the decline. There’s no heavy-volume sell-off candle, no event-driven crash worth noting in retrospectives. It’s a slow drip every day, with no identifiable "moment." Looking back over three months, the price has stepped down from one level to another.
A slow decline doesn’t ring an alarm. It just makes the bell lighter day by day.
Then comes the most fatal layer: exchanges shutting down one by one.
Bithumb announced on October 30 that it will terminate CORE trading support on November 30, citing "unresolved specified issues." CoinEx started delisting procedures in September. Of the 34 exchanges listed, 21 have delisted, leaving only 13 still maintaining support.
Exchanges don’t engage in narratives. They only consider liquidity, compliance risk, and operational costs. When thirteen individual rational decisions accumulate, the result is exits closing one door after another. When Bithumb officially stops trading on November 30, the exit channel will narrow further.
Connecting these three events reveals a script long written.
On OKX, an analysis on October 29 was titled "CORE’s ‘soft exit’ path was actually paved long ago." Several facts are worth quoting here:
The Cayman Islands legal entity, anonymous core contributors, and exclusion of U.S. users from token distribution — these three legal firewalls form a complete liability isolation system. The dispute between the CORE Foundation and Maple Finance is handled by the Cayman Islands Supreme Court, exposing this structure: the foundation can apply for injunctions and freeze assets under offshore jurisdiction, while token holders have almost no effective recourse.
More crucial is the next sentence: the team is accused of converting protocol profits into BTC and other hard assets instead of using them for ecosystem buybacks. The 2026 roadmap’s narrative of "using BTC staking rewards to buy back CORE" has yet to see any large-scale, on-chain verifiable buyback execution.
There’s also a sentence every staker should repeatedly read: in the dual staking mechanism, BTC lock-up has a fixed term, but CORE can be unstaked at any time — this is the exit channel the team reserved for themselves. When liquidity continues to dry up, exchanges delist contract trading pairs one after another, and order book support drops to zero, staked CORE will become on-chain digital assets that cannot be liquidated.
"They won’t announce a run. They will just let the chain keep running until the last person realizes there’s no one left to take over."
So, is $CORE about to die?
"Dying" is an emotional term. In ledger terms, the current state is:
The chain is still producing blocks, but real economic activity on-chain is approaching shock. TVL has shrunk from a peak of 1 billion to 3.85 million, daily DEX volume once dropped to only $900, on-chain fees are $2.52. SatPay is continuously delayed, buybacks remain only on the roadmap, and no on-chain transfers can be identified as "buybacks executed with ecosystem revenue."
Governance rights have not been decentralized along with responsibilities. Node operation costs have been offloaded, but code repository and treasury management remain. The two most well-known contributors have left, and no successors exist.
Exit channels are physically narrowing. From 34 exchanges to 13, with Bithumb shutting down on November 30. Liquidity isn’t just "worsening," it’s becoming an irreversible scarce resource.
This isn’t a question of "dying or not." It’s a question of a "soft exit" script being executed chapter by chapter. People leave, nodes withdraw, exchanges shut down, price declines slowly — these four events are not isolated bad news but readings on the same timeline at different scales.
$2.52. Remember this number. It answers more honestly than any announcement, any "new phase of decentralization" statement, or any single-day rebound how much real value this chain is creating today.
$CORE Conclusion first: The media says "$BTC is set to record the worst October in 12 years" (Cointelegraph 10-30: -7.7%). I verified with monthly data from two exchanges: Binance October opened at 83,623.6, now 77,566, down 7.24%; OKX perpetual opened 10-01 at 83,579.8, now 77,443, down 7.35%. Since 2018, only October 2018 and 2025 saw declines (-3.8%, -3.9%), making this year the worst.
The key point is not this: Within the 7.2% drop, the bulls have been paying continuously. OKX BTC perpetual funding rates from 10-27 to 10-30 were all positive; on 10-30 at 16:00, the rate was 0.01%/8h = 0.03%/day, meaning bulls with 100,000 positions paid $30 per day for free. At the same time, total BTC contract open interest across the market at 16:00 was still $3.68 billion, almost unchanged; the Fear & Greed Index on 10-30 was 30 (fear), down from 51 (neutral) the day before.
The background is a broad sell-off in risk assets: Nasdaq 100 down 3%, gold dropped to a one-year low at $3,891; Binance lost $6.3 billion in a hack, with about $1.6 billion liquidated within 24 hours.
The narrative shouts "worst," but the bleeding is in the positions. Are you still holding long positions this October? US INFLATION DATA KEEPS THE FED IN FOCUS
September core PCE inflation rose to 3.1% YoY, while headline PCE reached 3.6%. Both matched expectations, but the bigger concern is what comes next.
The Fed’s 10-2 decision to hold rates didn’t remove the possibility of another hike. Markets are still pricing in a strong chance of a December increase.
For risk assets, the rate outlook remains a key variable.
#USCorePCERisesTo3.1% Although there was the theft incident today, the market focus is undoubtedly still on US stocks AI, especially after Amazon and Intel's earnings reports caused such a severe drop that the original AI narrative now seems unsustainable. This bottomless money-burning pit has made the market very pessimistic, and it seems difficult to stop the decline without a new narrative.
In fact, at the latest since Q2, the market has stopped rewarding the money-burning game of low income and high expenditure. From a long-term cycle perspective, the September rebound was actually just the aftershock of the July decline. If there were still illusions about the AI bubble before, this drop undoubtedly proves that the AI hype has peaked.
When Anthropic goes public next month, it may coincide with a period of market liquidity and confidence recovery, but Anthropic's massive cash burn will likely offset any possible macro improvements, making people somewhat pessimistic again.
The current AI craze has caused hardware prices to soar, storage prices to surge, which in turn has increased costs across the entire industry chain. Amazon raised its Q2 capex citing storage costs, Samsung's mobile and home appliance division lost 800 billion KRW due to storage price hikes, and Intel's PC revenue dropped by 5%.
Against the backdrop of terminal revenue insufficient to support this bottomless money-burning, an invisible upper limit on stock prices has actually been drawn.
Returning to Bitcoin, there was probably already demand for further decline, compounded by the US stock market crash and the theft catalyst, today's drop can be seen as an acceleration, but from another perspective, with such a big negative event only pushing it down to 76k, isn't that quite strong? #加密行业协同守护资产安全 ⚠️PCE meets expectations, can the crypto world finally catch a break?
September core PCE year-over-year is 3.1%, overall 3.6%, the data indeed didn't explode and meets expectations. But look closely: month-over-month it's still rising, the core is even accelerating, still far from the Fed's 2% target.
What's worse, at the Fed's October meeting, the vote was 10:2 to keep rates unchanged, but Cook and Harker directly voted for a rate hike. Once the data came out, the market's bet on a December rate hike surged above 80% at one point. Although "at one point" means the probability may change and the hike hasn't landed yet, this signal is already clear—tightening is not over.
For the crypto world, the worst scenario is this: inflation hasn't scared anyone to death, but it also hasn't given the Fed any reason to relax. BTC dropped below 77,000 that day, falling over 5.8% intraday, ETH and SOL followed with a plunge. This isn't panic; the market is telling you with real money: liquidity easing still has to wait.
Many see "meets expectations" and shout that the bad news is priced in, ready to bottom-fish. Wake up, "not worse" does not equal "getting better." A rebound is possible, but whether it can go far doesn't depend on sentiment or slogans, only on one thing: whether real money buying comes in.
Keep an eye on US Treasury yields and the dollar; if they don't weaken, the crypto world shouldn't expect a real turnaround. #美国9月核心PCE升至3.1%，加息预期仍高 $BTC $ETH #Palantir财报前瞻：高增长能否支撑高估值 📉 Differentiation even in weakness: some take off by riding the trend, others are dragged down by unlocks
$HYPE rose 12.8% against the wind to $89. After Binance suspended withdrawals, some trading demand shifted to on-chain derivatives, with Hyperliquid absorbing the overflow traffic. The "seesaw" effect under the black swan event is active again. 🔥
$TRX increased 8.2%. During market turmoil, Sun's stablecoin ecosystem was used by funds as a temporary safe haven, briefly heating up the risk-hedging narrative. 🛡️
$XPL fell to around $0.073, dropping more than 4% intraday. Binance's withdrawal suspension directly impacted it; more troublingly, 227.8 million tokens (5% of circulation) were unlocked on October 25, with another batch due on November 25. It has retraced 95% from its all-time high, and monthly unlocks feel like continuous bleeding. 🩸
In short: don't rush to chase those rising against the trend, and don't easily catch those being unlocked. ⚠️#美国9月核心PCE升至3.1%，加息预期仍高 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #Palantir Earnings Preview: Can High Growth Support a High Valuation $BTC has seen some discussions about the scale of the hack and why it has little impact on Bitcoin's price.👇
$6.3 billion in USD terms is the largest, but not in BTC terms. MtGox had 650,000 BTC!
Other important numbers to consider:
Bitcoin percentage (relative to total BTC supply), i.e., market impact. MtGox's share there is also large, over 5%.
Number of affected users and the percentage of assets affected per user. MtGox (then the largest CEX) and FTX (also sizable) both had nearly 100% of users and their assets affected.
The most important point: who was affected? Did the platform fully compensate? (Only one victim), like the recent two CEX cases and Binance.
Obviously, this remains a major disaster for the entire industry, Binance (and me). It hurts, but we got through it.
Most importantly, we protected our users. $HYPE $ZEC SanDisk. Crashed! Who will save it?
Earnings reports are "history," stock prices trade on expectations + cycles; good news is priced in early, and guidance falling short of extremely high expectations means good news is already realized and the stock gets sold off.
This quarter's revenue and EPS exceeded expectations, but management's midpoint for next quarter's revenue guidance is below Wall Street's consensus. The market isn't afraid of making more money now, but fears slowing growth and flattening price increase slopes. Much of this high gross margin relies on NAND price hikes, not shipment volume, and investors worry the price rally has peaked.
The previous AI storage rally surged sharply; before the earnings report landed, the stock price had already priced in the "better-than-expected performance" good news. Once the report came out, the good news was fully realized, and short-term funds took profits and exited immediately.
The storage sector moves in the same direction; Micron and Western Digital are also under pressure; the semiconductor sector overall is seeing valuation cuts, with highly cyclical stocks hit even harder. Even if the company itself is not bad, sector sentiment dragging down will cause it to fall as well.
Currently, the high gross margin is built on tight supply and price increases. Investors are betting: after Samsung, Hynix, and Kioxia expand production, will NAND prices reverse downward? Meanwhile, PC and mobile terminal demand is weak, with only AI data centers as a pillar, and there is skepticism about the sustainability of demand. #闪迪MSCI调仓生效，NAND估值受关注 $SNDK Post 1: Binance hacked for $6.3 billion
🚨 The largest crypto theft in history! Binance reveals about $6.3 billion in assets affected
📊 Binance states that the security incident on the evening of October 29 impacted approximately $6.3 billion, about $3 billion has been frozen on-chain, and they promise to "cover all losses" using the SAFU fund and company funds (ABC, CNBC); TRM estimates about $6.36 billion was transferred out, involving 10 chains (cited by Al Jazeera).
🔍 Preliminary investigation: attackers may have accessed service containers and submitted unauthorized withdrawals through a DevOps engineer's compromised laptop; Binance says no evidence of private key leakage was found.
🧮 About $3 billion has been frozen, accounting for about 48% of the total affected amount; SAFU has about $1 billion, less than one-third of the unfrozen portion of about $3.3 billion (FinanceFeeds, my own calculation).
🏷️ The previous largest hack was Bybit in February 2025 with about $1.5 billion stolen, this time is about 4 times that amount (Crypto Times).
Details are still being updated, post-incident reports have not been released yet, I am not sure about further developments and might be mistaken.
📍 The events I am following:
• Binance's technical post-mortem report
• Updated proof of reserves
• Progress on recovering stolen funds
What do you think about how everyone will view exchange security after this incident?
$BTC $BNB $BTC $ETH $ZEC Observing the sentiment in the US stock market, besides looking at the market data of the US stocks themselves, CEX is also a very good window, especially exchanges like OKX where the smart money is relatively smarter.
The stock contract market gathers retail investors who dare to leverage the most. Their long-short ratio is a reflection of amplified market sentiment.
In the recent earnings season, retail investors have been striking hard, forming a very sharp contrast with the big players:
- $GOOGL: Retail long-short ratio 14.4, big players 2.9
- $INTC: Retail 13.4, big players 3.6
- $SOXL $SNDK $NVDA $MRVL $TSM: Retail 3-8 times long, big players' position ratio generally around 0.7
Although the big players' long-short ratio is mostly bullish, their position ratio is almost entirely below 1. Simply put, many big players are bullish, but more money is positioned on the short side.
For comparison, I also looked at crude oil data. $CL $BZ retail long-short ratio is only 0.2-0.3, collectively short, while big players' position ratio is around 1.4-1.5. It's obvious who is most likely to become the fuel.$TRX $TRX The entire market is bleeding red, and this stagnant TRX suddenly exploded with nearly 100 million in volume, stubbornly rising 9% against the trend.
After the pump, it nailed tightly just below the highest point in a very narrow range, profit-taking not giving up a single cent.
Money is being pulled out from those sexy narratives, desperately squeezing into the cracks of the storyless stones.
High-position chips are locked down tight, shorts are bearing interest costs to hold on hard. The main force is giving no chance for any pullback entry; the one-sided short squeeze stance is already an open card.
#TRX
$TRX
👇The $TRX Binance security incident triggered an abnormal surge in tron:native, with hackers selling USDT to exchange for over 600 million TRX.
Tron TRX experienced severe volatility, soaring from about $0.329 to around $0.376 within a short period, with a maximum increase exceeding 14%, then quickly falling back, forming a clear long upper shadow with high volume. This abnormal market movement is related to hackers' large-scale asset exchanges, with massive buy orders flooding the TRX market in a short time, causing sharp price fluctuations.
After obtaining funds on the TRON network, the attackers quickly exchanged about 232 million USDT for approximately 638 million TRX through decentralized exchanges to avoid Tether freezing. Since USDT issuers can freeze specific addresses, but TRX native assets are not directly controlled by Tether's blacklist, the large-scale exchange demand rapidly pushed up TRX prices and may have further triggered short stop-losses and speculative buying. As the concentrated buying gradually ended, TRX prices quickly retreated, and some chasing funds began to take profits.At 3 a.m., when liquidity is thinnest, BTC hovered around 77,000, appearing to "stabilize," but in reality, it's the quiet after the longs have been liquidated without resistance.
In the past 24 hours, the entire network saw $1.49 billion liquidated, with longs accounting for $1.29 billion, or 86.8%, and over 240,000 people forcibly liquidated. Within 12 hours, $1.33 billion was cleared, nearly 90% of the daily total. This isn't panic selling; it's leveraged longs being singled out one by one. The Binance $6.3 billion security incident smashed BTC from above 80,000 directly down to 76,460. Now the price grinds around 77,000, firmly defending the 365-day moving average, while the 200-day EMA at 76,423 below is the real line that must not be broken.
ETH has already fallen below 2,200, with the 200-day EMA pressing at 2,313, RSI at 28, oversold but no buying pressure. The next decent support below is 2,100; breaking that leads to 1,850. SOL rebounded from 95.79 but lost 97, now oscillating around 94-95, with the next support below 90.
The danger at 3 a.m. is never about direction but depth. At this time, order books are thin; a small sell order can sweep through several layers of liquidations, instantly pushing the price down before pulling it back. People aren't awake yet, but their positions are already gone. The 78,800–79,000 area below BTC is naturally a dense liquidation zone, with the 25x long liquidation band near 78,830. A wick needs no reason, only insufficient liquidity.
$BTC The dangerous part of this setup is that traders are increasing long exposure while prices continue to weaken.
BTC has 1,363.3 BTC in long borrowings against just 73.05 BTC in shorts. ETH shows a similar imbalance, with 16,800 ETH borrowed long versus 742.8 ETH short.
That points to crowded bullish positioning in a market that hasn't confirmed a recovery.
If support breaks, forced liquidations could accelerate the downside. Bulls need price strength to validate this leverage#Perspectives of Palantir's financial report: can strong growth justify a high valuation Strategy Q3 report is explosive: net profit of $19.53 billion, a single-quarter record high, EPS $44.75; but breaking it down, the fair value gains on digital assets of $20.91 billion are the main driver, software revenue only $125.4 million, down 3% year-over-year.📊 This looks more like a "$BTC balance sheet company," with the core software business continuing to lose presence.
Profit is highly tied to coin price; when the coin rises, profits soar, when the coin falls, profits retreat. The market is also clear: $MSTR down 0.40%, $xMSTR down 0.41%. Despite record net profit, weakness appears because the $20.9 billion unrealized gains were previously disclosed and the positive news was priced in early; combined with BTC weakening and falling below 80,000, the premium naturally shrinks.🧊
Strategy remains a sentiment barometer for crypto institutions, with its profits rising and falling in tandem with BTC. BTC dipped to 78,763 last night and is still hovering below 80,000. Watch if it can reclaim 80,000; if not, the pullback may deepen. Resistance above is 84,000-85,000. Strategy: do not chase the rally or sell in panic, place orders with good stop-losses.⚠️#美国9月核心PCE升至3.1%，加息预期仍高 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #加密行业协同守护资产安全 Storage price hikes pressure Intel's 22% plunge is just a PC chain alarm
Intel plunged 22% after hours, not an isolated event. Chen Liwu bluntly stated that weakening PC demand and soaring memory prices form a scissors gap, a cost gap unlikely to be filled until the first half of 2027. AI computing power is booming, but traditional PC is forced to make up the shortfall.
The "storage super cycle" in the past two years made SK Hynix, Samsung, and Micron very profitable, but now the cost is passing downstream: PC manufacturers and chipmakers are squeezed by high storage costs, with sluggish end sales and high costs, the more they produce, the greater the pressure.
Therefore, a single-day deep drop does not equal a buying opportunity. A rebound in a weak sector is not necessarily a trend reversal; what really matters is the capital flow in the industry chain. Currently, AI computing power and upstream storage are still attracting funds, while the profitability recovery of the traditional PC chain still needs time. It is advisable to control positions in operations and avoid chasing gains or catching falling knives.
#英特尔Q4业绩指引低于预期，股价大跌 $INTC Compliance perpetual contracts landing, the crypto market is about to "wash feet and come ashore"
Don't treat this as a short-term speculative topic. Once the US compliant perpetual contracts land, essentially it is the "wash feet and come ashore" of offshore derivatives logic — institutional funds no longer need to detour through offshore platforms, clearing and product layering begin to enter the licensed framework.
🔸$BTC: The ballast stone of the base position. After compliance perpetuals are completed, BTC is no longer just a spot reserve narrative, but driven by the dual anchors of "reserve asset + compliant derivatives," liquidity premium faces revaluation, and the mid-term base position logic is the most stable.
🔸$ETH: The most direct channel dividend. ETFs solve the spot entry, but leverage scenarios are lacking. After compliant perpetuals fill the gap, funding rates and on-chain clearing depth are expected to rise synchronously, and pullbacks instead form accumulation windows.
🔸$SOL: Highly elastic, but don't treat "being able to go long and short" as fundamentals. If the underlying enters the contract pool, sentiment heats up first; mid-term still depends on ecosystem and regulatory characterization, compliant contracts are just tools, not a value closed loop.
Summary: Clearing belongs to ICE, products to Trade.xyz, retail side taken over by OKX — this three-layer structure has not yet completed the approval process, so don't rush into leveraged positions.
#OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场 #توقعات تقرير أرباح Palantir: هل يمكن للنمو العالي أن يدعم التقييم المرتفع؟
$PLTR operating profit is expected to more than 4x to ~$11B by 2028 as AIP moves deeper into production with very little incremental cost.
Its a great example of how Palantir’s ontology gets embedded deeper into how customers actually operate so as AI agents move into real workflows the software gets stickier while more of each incremental dollar can drop to profit. The same matter, two different handling results. Stablecoins were frozen, but $BTC and $ETH cannot be frozen.
$USDT and $USDC are coins controlled by their issuers. Tether froze over approximately $1.576 billion. Circle froze over approximately $800 million. Binance said its partners froze about $3 billion in total. Binance itself also suspended withdrawals and deposits. Withdrawals are said to resume within 48 hours. Binance said user funds are safe and deposits are unaffected.
$BTC and $ETH have no issuer who can flip a switch. About 195,000 $ETH and about 16,700 $BTC are all outside frozen contracts. Even if issuers want to freeze, there is no way to do so. The estimated total stolen amount is about $6.3 billion, still an estimate without final confirmation.
The same matter, different mechanisms, different handling boundaries. Stablecoins can be frozen because they are centrally issued. Native coins cannot be frozen because no one can flip a switch. This is only about the present, not expanding into directions.Learn about one coin every day. Today, the stock we are looking at is INTC Intel $INTC
Speculative Coin Index: 5🌟
Growth Index: 8🌟
Buy/Sell Advice: Because the Q4 earnings were far below market expectations, there has been a recent sharp drop. How come the US stock market is acting like altcoins? It drops 20-30% at a time, and Intel is not the only case; several others have also plunged more than 20%. I do not recommend buying now. If you want to hold long-term, I suggest #苹果新CEO迎来iPhone18首份成绩单 1. iPhone: This quarter includes the iPhone18 series + the first foldable iPhone Duo release (September launch), but Duo sales start in late October, with only a small initial stock in Q4; most revenue will fall into the next fiscal quarter. The supply chain reports increased Duo orders, but production capacity is limited, making it a mid-to-long-term variable rather than a main driver this quarter.
2. Services business: Still a high gross margin core segment, with market growth expectations maintained;
3. AI: Apple Intelligence 2 has already been implemented, which is Ternus's biggest pressure point—the market wants to see if AI can translate into device upgrades and paid services, not just feature enhancements.#苹果新CEO迎来iPhone18首份成绩单
I bet Apple's earnings this quarter will fall short of expectations.
The reason is simple: the increase in memory prices directly raises the overall device cost, and consumer electronics demand is already weak; price hikes will only further suppress sales. iPhone accounts for a large proportion, so once shipments slow down, a double hit to revenue and profit is almost inevitable.“Uptober” crashed: On the eve of October's close, $BTC dropped about 7% in one month
With one day left in October, the conclusion can already be drawn: this year's “Uptober” has crashed.
At the end of September, $BTC closed at $83,567, now about $77,521 (Beijing time 00:25), down about 7% in one month. According to CryptoQuant statistics, the average increase in October since 2020 is 18.1%, but this year it went in the opposite direction. Last October fell about 4%, marking the first red October since 2020; this year marks the second consecutive year of decline in October, the first time since 2011-2012 for two consecutive years of October losses, and the worst October since 2018.
Spot demand has been negative for half a month: since October 14, there has been a net outflow every day, accumulating about 76,000 $BTC by October 25. The price has also stepped into the next support range mentioned by CryptoQuant, between $73,000 and $77,600.
What happened this month is enough to write a chronicle: the crash on October 10, the FOMC hawkish stance with no action, Samsung's earnings dragging down tech stocks, and Binance's $6.3 billion theft. $BTC is now about $77,500; before the monthly close, let's see if it can stand back above $77,600. Sisters!
I held this ETH short from 2715 all the way down to 2215, enduring countless rebounds and fake rallies along the way. Some asked if this is one of the highest and longest-held shorts on the entire network? I wouldn’t dare claim that, but I have to give myself credit for the patience!
I’ve repeatedly said before that ETH’s downtrend structure hasn’t truly reversed, and today’s drop has once again confirmed that. $ETH smashed down from around 2378 to 2171.52, and now it’s rebounding to about 2215. The MA5 and MA10 are hugging around 2210, while the MA20 remains above 2237, so the price is still being suppressed by the mid-term moving averages. Although the MACD has slightly recovered, it remains deeply negative overall.
The external environment isn’t easy either: Federal Reserve policy uncertainty, outflows from ETH spot ETFs, plus the risk-off sentiment triggered by the Binance security incident are all putting pressure on the crypto market.
Next, watch the rebound resistance between 2230 and 2240; if the rebound lacks strength, consider shorting. On the downside, keep an eye on the previous low at 2171; a decisive break below that will signal whether a new downtrend space opens.
Sisters, what I’ve always emphasized is not that ETH must fall every day, but that until the trend clearly reverses, don’t mistake rebounds for reversals! This short position isn’t based on guessing, but on waiting for the trend to confirm. $BTC $ZEC #美国9月核心PCE升至3.1%，加息预期仍高 #OKX、ICE与Trade.xyz联手，推动永续合约进入美国合规市场