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A $481 million buyback quota, not a single share bought, directly canceled.
Metaplanet's move, frankly, is to take all the money prepared for supporting the price and use it to accumulate $BTC.
They also made two acquisitions casually. The reason is straightforward: holding significant undisclosed information, making buybacks inconvenient.
As someone who has held for a long time, I actually feel quite tired seeing this kind of announcement.
It's not bad news, but it's not a strong booster either.
It clearly states a priority: Bitcoin comes first, shareholder returns come later.
The new quota of 385 million is set, but setting it doesn't mean it will be used.
The previous one was lost just like that.
What should be watched most now is not how big the quota is, but whether the coins continue to increase in the next holding announcement.
#BTC and ETH spot ETFs are flowing out simultaneously, has institutional demand weakened?
#Strategy accumulation slows down, has corporate treasury strategy changed? #Tokenized assets accelerate expansion, how far is large-scale implementation? $BTC "ETF is bleeding, but Meme is returning to Solana"
Yesterday, Bitcoin spot ETFs saw a net outflow of $65.4 million, and Ethereum ETFs experienced a nearly $577 million outflow over the past 5 days, marking the largest scale since January. However, Solana's Meme coin spot DEX trading volume share quietly surged to 91%, the highest in nearly 14 weeks.
What happened? Mainstream asset funds are withdrawing, but Meme trading volume is concentrating on Solana. It's not that Meme overall is heating up, but the answer to "where Meme plays" has changed.
Why is this worth attention? ETF outflows reflect institutional behavior, while Meme share reflects retail behavior. The opposite directions indicate retail investors haven't exited, they're just changing battlegrounds. Solana has absorbed almost all Meme liquidity, while Meme ecosystems on other chains are rapidly marginalizing.
Which observation is more supported currently? More support for "structural concentration under stock competition" rather than a full retreat. Money is flowing from large-cap assets to high-volatility targets, and Solana is currently the only receiving port.
What to watch next? Whether this 91% is a short-term spike or a trend turning point depends on whether Solana Meme DEX volume can be maintained. If the share stays above 90% for more than a week, Meme on other chains may face liquidity drain. Do you think this round of concentration is a safe haven or the last spree of speculative funds? $ETH $SOL Why are semiconductor chips and memory stocks weakening $SNDK $SKHYNIX $MU
Yesterday shorting US stocks was really satisfying, but why shorting is not well understood by everyone. Today, Xuan will break down the analysis for you. There are two main reasons:
First, domestic memory manufacturer Changxin Memory has made progress in the new generation DRAM cell structure and plans to launch related server memory products by the end of the year. The competition for market share is increasing, which will significantly impact the status and profit margins of various chips.
Second, buying in memory chips is starting to decline. Without new capital inflows and only buybacks remaining, it proves that institutions and major players are no longer buying. AI memory is starting to decouple from the market trend, so placing short orders now has great cost-performance potential!!
Personal trading advice:
Short SanDisk on a rebound near 1485, target 1410
Short Hynix on a rebound between 1120-1130, target 1070 Numb from the drop, is there really no hope for CORE? I'll lay out the most painful data and the strongest trump cards
Opened the square today, and all I hear is wailing.
CORE has dropped to around 0.019, down another 2.7% in 24 hours. The haters are on schedule—"zeroing out," "delisting," "running away." A brother messaged me privately: "I can't hold on anymore, is there really no hope?"
I’m not giving trading advice or sugarcoating. Today, I’ll put all the harsh realities and strongest trump cards of CORE on the table for you to see.
1. Why is it numb from the drop? Three reasons, none avoided
First, liquidity is continuously shrinking. KuCoin delisted CORE in July, CoinEx followed in September, and multiple exchanges have suspended deposits and withdrawals for risk control. The number of supporting platforms for CORE has sharply dropped from the initial 34 to only 13 still maintaining trading. The smaller the market, the easier it is for a single sell order to create a deep pit.
Second, 69 million ghost tokens hang overhead. On August 31, a validator reward loophole was verified; before the hard fork, 69 million excess CORE tokens were transferred to external wallets. The hard fork can only upgrade forward and cannot roll back confirmed transactions. These tokens cost almost nothing, and the official side has yet to provide any on-chain verifiable locking or destruction plan. Every rebound has a knife hanging over it.
Third, the flagship product SatPay has been delayed. This highly anticipated new Bitcoin bank was originally planned to launch within 2026 but has been postponed due to licensing and regulatory issues. Over 20,000 users are in the queue, and the launch date is undecided. The entire "revenue era" logic for CORE in 2026—buying back CORE with ecosystem income—heavily depends on SatPay generating real cash flow. Without the product launch, buybacks are just empty talk.
2. But next, some things the haters won’t tell you
Trump card one: CORE is still the largest Bitcoin sidechain by TVL in the BTCFi sector. According to Spark Money’s BTCFi research report, CORE has over $314 million locked on-chain, with more than 5,500 BTC staked, accounting for about 26% of all Bitcoin sidechain TVL. Why would a "zeroed out" project have so much real money locked inside?
Trump card two: The hard fork is indeed working. After the v1.0.26 hard fork activation on September 3, over 150 million excess CORE tokens were destroyed, permanently removed from total supply. Staking rewards returned to normal within 48 hours. The chain didn’t break; blocks are still being produced. This is the baseline.
Trump card three: 76% of Bitcoin’s hash power protects this chain. CORE’s underlying security directly inherits the hash power barrier of the Bitcoin mainnet. Why would a project repeatedly declared dead still have so much hash power working for it?
3. So, is there hope or not?
I won’t lie to you. CORE won’t take off tomorrow, nor will it zero out tomorrow. It’s stuck in a very uncomfortable middle ground—the underlying chain is alive, but the upper-level business loop hasn’t been completed.
Three key data points truly decide CORE’s fate; just keep an eye on these:
When SatPay truly launches and generates sustainable income. This is the only fuel for the buyback narrative.
Whether there is a disposal plan for the 69 million ghost tokens. If the official side proposes a community vote to destroy these tokens someday, that would be the first step toward trust repair.
When ecosystem fee income can cover inflation. Currently, real on-chain income is far from supporting buyback promises, which is the fundamental reason institutional funds are still watching.
Before these three questions have answers, treat all price ups and downs as emotional fluctuations, not trend reversals to chase.
Finally, a heartfelt word
From $6.47 down to $0.019, a 99.7% drop. Who can hold on until now without a steel head? If you didn’t run after a 99% drop, are you really dumb to sell now just because it dropped to 0.019?
I’m not telling you to hold to death. I want to say—if your original logic for buying CORE was "BTCFi is the future," has that logic changed today? It’s still the top Bitcoin sidechain by TVL, 76% of hash power still protects it, the chain is still running, and the code is still updating.
The logic hasn’t changed; what changed is the price. And price has never been the only standard to judge whether a project is dead or alive.
When you can’t hold on, look less at the K-line and more at the chain. The chain isn’t dead, so why panic?
Are you still here? During this drop, did you add to your position or sell?
$CORE Someone made a suggestion on GitHub to cut Dogecoin's inflation by 90%
Since Dogecoin launched in 2013, the block reward has always been 10,000 coins per block and has never changed. Someone calculated that about 5.26 billion DOGE are added annually, with an inflation rate of around 3.2%. Many people complain about Dogecoin's "infinite issuance," referring to this issue.
But recently, someone proposed on GitHub to cut the block reward directly from 10,000 to 1,000, a 90% reduction. If this really happens, the annual new coins would drop from 5.26 billion to 526 million, and the annual inflation rate would be squeezed from 3.2% down to 0.3%. What does 3.2% vs. 0.3% mean? Many countries have annual currency inflation rates higher than this.
Of course, this is still far from being implemented. A hard fork requires miners and exchanges to follow, and the proposal is currently stuck on the GitHub forum with no statement from the core team yet. Also, Dogecoin is merge-mined with Litecoin, so after cutting the reward by 90%, miners' income would have to rely on coin price and transaction fees to make up the difference; if not, the hash rate might drop.
But I think the signal itself is more important than the outcome. The community is starting to seriously discuss "deflation," and some people want to tighten the faucet that has been spraying coins nonstop. The price is still just above 0.08, so I'll hold onto $DOGE and let them discuss it slowly."Altcoin Season Index Hits Highest in a Year, But One Data Point Contradicts It"
The Altcoin Season Index surged to 66, the highest in a year. But the market breadth doesn't cooperate: only 6 out of 26 categories rose, with breadth at 23.1%, down from 92% three weeks ago.
What's changed? The index is rising, but the market breadth is shrinking. Leading gains are in infrastructure like cross-chain bridges and data availability; Meme fell 6.60%, Solana ecosystem dropped 6.44%. Funds are not rotating but shrinking their circle.
Why pay attention? Despite the index hitting a new high, breadth is only 23%, indicating this is not a broad altcoin season but an isolated rally in a few infrastructure sectors. Ethereum ETFs saw a net outflow of $577 million in the past 5 days, with money moving out of large-cap assets into non-Ethereum ecosystems like NEAR and Internet Computer.
Currently, this supports a "structural shrinkage" scenario, where the index rises but market breadth falls due to two separate asset groups.
Next to watch: Celestia up 24% in seven days, while peer Arweave fell 4%. Whether this divergence narrows will determine how far this shrinkage goes. Do you think the isolated infrastructure rally is a prelude or a false signal? $ETH Judging from the timing and pattern of the adjustment, I tend to believe this wave of correction is not over yet. Moreover, the probability of an interest rate hike in October is still so low. Normally, CPI/PPI data would push the rate hike probability up, and if that really happens, the drop would be even more severe.
If Bitcoin can return to around 75k, only then would I consider it a good bottom-fishing opportunity. The three major storage coins also need to drop a bit more to.
#DailyOrbit "BTC surged to 84,000, but one data point is more worth watching than the price"
BTC hit a high of $84,352 last night, but this morning it has already dropped to around $82,500, a decline of over 1% in 24 hours. However, more worth watching than the price is another figure.
What has changed? The Fear and Greed Index plummeted from 69 (Greed) yesterday to 57, dropping 12 points in one day. Meanwhile, Bitcoin spot ETFs have seen a cumulative net outflow of $451.8 million this month. The price has only fallen less than 2%, but sentiment and capital are accelerating their retreat.
Why is this worth attention? A price pullback is not unusual, but "sentiment collapsing before price" usually means profit-taking is quietly happening rather than panic selling. Coupled with the US-Iran situation pushing up oil prices and a stronger dollar, risk appetite is being suppressed by macro factors.
Which observation is currently more supported? It supports "short-term cooling during high-level consolidation" rather than a trend reversal. The selling pressure above 84,000 is real, but there is still buying support around 82,000, indicating a mild correction rather than a crash.
What should we focus on next? Tomorrow (the 14th) the US CPI data is the biggest variable this week. If CPI exceeds expectations, rate cut expectations will cool further, and BTC may test 82,000 or even 81,000; if CPI is moderate, sentiment is expected to recover quickly. Do you think this pullback is a chance to enter, or a signal to retreat? $BTC #BlackRock shifts to overweight short-term bonds, downgrades US stock rating. The world's largest asset manager BlackRock has made a tactical adjustment by increasing short-term US Treasury bonds to overweight while downgrading US stocks from overweight to neutral. The key point: this is not a long-term bearish view on US stocks but a phase-specific risk control move; the long-term AI theme remains intact.
Core logic: Currently, short-term bond yields offer a decent risk-free return with improved cost-effectiveness; BlackRock also believes that market expectations for further Fed rate hikes may be overestimated. Compared to longer-duration bonds, short-term bonds have less interest rate volatility and are better suited for locking in coupon payments, so short-term bonds are prioritized. The downgrade of US stocks mainly reflects concerns that in a sustained high-interest-rate environment, the AI sector may experience amplified short-term volatility, valuation pressure, and investors may choose to realize some gains and increase fixed income allocation for balance.
Implications for crypto: This indicates that leading institutions are actively reducing risk exposure, signaling a convergence in risk appetite. If the Nasdaq and tech stocks are dragged down, high-beta assets like BTC and ETH are likely to face synchronized pressure. However, this is a capital rebalancing rather than systemic panic, so it is likely to result in oscillations rather than a continuous one-sided sharp decline.
Key follow-up points: short-end US Treasury yields, CPI and other inflation data, and whether other large asset managers follow suit in adjusting their portfolios. If more institutions imitate this, the rebound strength of risk assets will continue to be limited. $BTC $ETH $SOL $BTC Liquidation Map Day 2: Shorts pile up higher, less resistance to the upside?
Yesterday predicted an upward move, but was proven wrong. Current record: 0 wins, 1 loss.
Price fell from 84142 to 82784, down 1.6%. Liquidation map update:
Long liquidation intensity below totals $1.1 billion, short liquidation intensity above totals $2 billion. Short positions are nearly twice the longs; once it moves up, the short squeeze space is larger.
Key levels:
· 82000: Lower edge of dense long positions, breaking this accelerates forced liquidations.
· 79000: Densest long position area, buffer thinning.
· 84500: First cluster of shorts, one of the highest bars on the map.
· 85000: Second cluster of shorts, the most intense breakout squeeze.
Two possible scenarios:
Upward: Standing above 83332 starts the short squeeze, buy-side closeouts push price up, targets 84449 → 85013 → 86141, shorts are thin above, resistance is low.
Downward: Breaking 82000, watch the dense long area at 79467, triggering a chain of forced liquidations, buffer is very thin.
My judgment: Short liquidation intensity is $2 billion, long only $1 billion, the path of least resistance is upward. But data does not support a direct surge to 90,000; most likely it will oscillate between 81000 and 85000 with no clear trend yet.
What’s your take?
$BTC $ETH #September CPI announcement imminent, Harker says further rate hikes still needed
#BTC and ETH spot ETFs see simultaneous outflows, is institutional demand weakening?
#TSMC Q3 revenue hits record high, profitability performance to be revealed 🚨 Both BTC and ETH are weakening! Whales are selling Bitcoin to buy Ethereum—Is this really a bullish signal?
Last night, a fan asked me: Whales selling BTC and turning to buy ETH, does this mean Ethereum is about to take off?
I didn’t rush to answer but first looked at the 4-hour candlestick chart.
📉 First, let's look at ETH's market performance:
It fell from $2769 down to $2406, then rebounded to around $2580, but has struggled to break through further.
The rebound lacks strength, volume hasn’t significantly increased, and there is still considerable potential selling pressure above. This kind of movement cannot yet be easily identified as a reversal.
A rebound does not equal a reversal, and whales rotating positions does not equal bullishness!
🐋 Now, looking at the whales’ actions:
They sold 410 BTC and bought 14,341 ETH.
On the surface, this looks like asset rotation; but based on this single transaction, we cannot confirm whether the whales are bottom-fishing ETH or adjusting overall risk exposure.
What really matters is: why is the capital moving? After the trade, has the spot demand for BTC and ETH improved? Is there sustained follow-up buying?
If it’s just a position swap without new buying interest, then this operation may not become a catalyst for ETH’s rise.
⚠️ What’s more concerning is crowded shorts and spot selling pressure!
If short positions are indeed highly concentrated, there is a short-term possibility of a rebound triggered by short covering.
But if the spot market continues to face selling pressure, even crowded shorts do not mean Micro Changes in Crypto Under Macro Stability
S&P 500 futures hold steady, the Bank of Japan remains inactive, and the Federal Reserve's independence is in play, indicating temporary macro stability. However, beneath the surface at the micro level, currents are stirring: Binance mining pool shutdown, tightened AI financing, whale coin mixing, and strict enforcement in Hong Kong. The crypto market is currently in a phase of "macro calm + micro restructuring." BTC shows resilience based on the long-term holder cost (48,600), ETH faces whale portfolio adjustments, the AI sector is squeezed by traditional markets, and compliance is accelerating (Binance, Hong Kong). Short-term trends may continue to fluctuate with BTC dominance rising; in the medium term, AI and semiconductor cycles and the Bank of Japan's December decision will set the direction. Investors should maintain core BTC positions, while micro events drive short-term moves, remaining cautious of spillover impacts from macro tech stock corrections. 说实话，$SNDK 拉到1500上方我就盯着空单了。底层股票利好兑现，链上抛压老毛病没好，13日美股一跌，链上直接跟。我在1482.8开的空，75x。
当时1小时超买，日线承压，就等回调——现在标记1448.2，浮盈+175%。近两日高位回落，多头杠杆清洗中。
后市看1420守不守，破直奔1370；反弹不过1480还是空。准备1420减半，底仓看1370，高杠不扛单。$W $SOL OpenAI Setbacks and AI Crypto Narrative
OpenAI is investigating the performance decline issue of GPT-6.1, compounded by JPMorgan cutting AI loans and semiconductor crowded trades, causing short-term obstacles in the AI sector. For the crypto AI segment, this is an opportunity to "separate the wheat from the chaff": previously, AI tokens rose broadly with the traditional AI boom, but now technical bottlenecks and tightened financing will eliminate bubbles. However, progress in chips and semiconductor EDA shows breakthroughs at the hardware foundation level are still ongoing. If crypto AI focuses on differentiated scenarios such as computing power networks (like Livepeer) and data privacy (like Ocean), it still holds long-term value. In the short term, AI crypto tokens may follow tech stocks in a pullback. It is recommended to avoid "AI concept tokens" without substantial products and to focus on Web3 projects integrated with real AI infrastructure, waiting for opportunities after sentiment clears.#Semiconductor sector faces concentrated sell-off, South Korea's KOSPI drops over 6%
Microsoft launches high-speed decision-making AI model with speeds up to 35 times faster.
In recent years, efforts in small models and edge decision agents have been highly representative. But how valuable is this so-called "35x acceleration," and how far can the small model approach go? Third-party verification must overcome substantial tests:
The so-called 35x refers to whether it is benchmarked against cutting-edge large models or itself. If it compares a "small model that outputs structured Actions step-by-step" to a "massive general large model that writes thousands of words of reasoning process," this speedup is essentially a compression of the task paradigm rather than a pure leap in underlying computational efficiency.
Microsoft has deep customizations in Windows Copilot Runtime, ONNX, DirectML, and NPU hardware layers. If the 35x performance heavily depends on Microsoft's proprietary kernel fusion or specific hardware acceleration stacks, and third parties experience significant performance degradation when deploying on standard vLLM, SGLang, or conventional Linux containers, its commercial generalization value will quickly diminish.
It is clear that Microsoft's ambition is to break free from sole reliance on OpenAI's expensive inference compute: if every user call to Copilot requires launching a large model in the cloud, Azure's gross margin will remain under pressure. Using an extremely lightweight, ultra-fast internal model as a "frontline gatekeeper" can greatly reduce the per-inference cost in the cloud.
$MSFT #利雅得机场遇袭，沙特加快陆路输油布局
On the afternoon of October 10, Riyadh King Khalid International Airport was hit by a missile attack, resulting in at least 13 deaths and over 300 injuries, causing the airport to shut down completely for a time. The Yemeni Houthi forces claimed responsibility for the attack and carried out four military operations within the past 24 hours targeting airports and energy facilities inside Saudi Arabia, including two facilities of Saudi Aramco located in the Eastern Province. On October 11, King Khalid International Airport was attacked again, causing the death of one Pakistani citizen and injuring 11 others.
This is part of the recent sustained attacks by the Houthi forces against Saudi Arabia. From October 5 to 7, four airports in southern Saudi Arabia—Jazan, Najran, Abha, and Riyadh—were successively attacked, resulting in a total of 3 deaths and 39 injuries. The targets of the attacks expanded from airports to refineries and natural gas facilities; the Rabigh refinery and Riyadh Aramco facilities were "directly hit," causing fires.
Energy infrastructure and aviation hubs have simultaneously become targets, placing Saudi Arabia in a structural dilemma: even with sufficient crude oil production capacity, the security of export routes cannot be guaranteed. Saudi Aramco's CEO Nasser previously stated clearly that the company is fully capable of raising crude oil daily production to the extreme limit of 12 million barrels within a few days, but the real bottleneck has always been the security and predictability of export routes.
On October 12, Saudi Energy Minister Abdulaziz bin Salman announced at the Riyadh World Petroleum Congress that Saudi Arabia plans to increase its overland oil transport capacity bypassing the Strait of Hormuz to 10 million barrels per day within the next two to three years. This scale is basically equivalent to Saudi Arabia's total crude oil output during peacetime.
The core channel is the "East-West Pipeline," spanning 1,200 kilometers across Saudi territory, connecting the core oilfields in the east with the Yanbu port on the Red Sea coast. Its initial design capacity was 7 million barrels per day. As of early October, the actual daily throughput of this pipeline has increased to 5.8 million barrels, of which about 4.5 million barrels are shipped from Yanbu port, and the rest supply western refineries. In September, the pipeline was temporarily shut down due to a drone attack, but Saudi Aramco fully restored oil supply in less than a week.
A more innovative arrangement involves cross-border restructuring of the existing natural gas pipeline network. Abdulaziz stated that an existing natural gas main pipeline can be adjusted within seven to eight weeks to temporarily carry about 1.2 million barrels of crude oil per day; with additional investment in pump stations and compressors, the daily oil transport potential could be further increased to 3 million barrels. This pipeline will be temporarily used for crude oil export until around May next year, after which, due to the surge in natural gas demand for power generation and cooling during the Saudi summer, the pipeline will be shut down for cleaning and revert to its natural gas supply role. Saudi Arabia is evaluating with Aramco a "dual oil and gas use" normalization mechanism, by adding composite pump station systems to dynamically switch the same pipeline network between crude oil and natural gas transport according to security conditions and seasonal peaks and troughs.
Market pricing of supply risks has risen rapidly. Brent crude December contracts closed up 1.84% at $106.65 per barrel on October 12, marking the highest close since September 15; WTI rose 2% to $93.74 per barrel. The oil price increase is mainly driven by the deterioration of Saudi security, with the deadly attacks by the Houthi forces intensifying market concerns about conflict escalation threatening Saudi energy production and exports.
The deep logic behind Saudi Arabia's plan for a multi-million barrel-level channel is not simply to expand transport volume but to build a wartime security redundancy network with complementary resilience: when maritime transport in the Persian Gulf is blocked, quickly shift export focus to the Red Sea; when individual overland pipelines are disrupted, redistribute flow through other inland pipelines. The benefits of using the East-West Pipeline have far exceeded its construction costs, and Saudi Arabia is accelerating technical pressure upgrades on pump stations along the route to further squeeze potential capacity.
Constraints also exist. The Red Sea route itself faces attack threats from the Houthi forces, and a single outlet cannot provide absolute security. The Red Sea route, previously relied upon by Saudi Arabia, was shut down after an attack in September, showing that even overland pipelines cannot completely avoid attack risks. More critically, this expansion plan requires massive investment and several years to implement, while current security threats are immediate and ongoing. Shell CEO Savin warned that the longer the conflict continues, the harder it will be for the market to absorb these disruptions, "this situation cannot continue indefinitely," and new supply interruptions may still occur.
In the short term, the pricing focus of oil has shifted from geopolitical risk premiums to immediate pricing of actual supply disruptions. Whether Saudi Arabia can maintain stable exports before the pipeline expansion is completed will depend on air defense interception efficiency, redundancy of alternative routes, and whether the conflict escalates further to directly target core oil production facilities.On October 12, the US BTC spot ETF saw a net outflow of $65.4 million, and the ETH fund had a net outflow of $85.4 million, totaling approximately $151 million for the two combined. Breaking down the Farside sub-items, outflows were concentrated in a few products; not every fund was being redeemed.
The entire BTC net outflow was recorded in BlackRock IBIT; for ETH, BlackRock ETHA had an outflow of $75.1 million, Grayscale ETH had an outflow of $10.3 million, and the other listed funds had a net zero amount that day. A zero net amount results from subscriptions offsetting redemptions and does not mean no transactions occurred.
On the same day, the SOL fund had a net outflow of $700,000, coming from VanEck's VSOL. The three groups had the same direction of funds, but different fund sizes, so the amounts cannot be directly ranked as a strength list of coin prices. Next, it will be worth watching whether redemptions spread from these few products or if subscriptions in other funds take over.
Source: Original Farside BTC, ETH, SOL tables, statistics date 10/12, captured between 17:03–17:06 Beijing time on 10/13, automatic statistics may be revised. Chart units are in millions of USD, parentheses indicate outflows; the three coins below serve only as corresponding spot market navigation. $BTC $ETH $SOL #BTC and ETH spot ETFs outflow simultaneously, is institutional demand weakening? Semiconductor Crowded Trades and Crypto Hardware
A Bank of America survey shows tech stock allocations hitting a new high since 2020, with semiconductors being the most crowded trade; chip and semiconductor EDA have been validated in AI scenarios like CPO, but Morgan Stanley warns of a cyclical peak risk in memory stocks. Traditional semiconductor overheating coexists with breakthroughs in AI hardware, mapping onto the crypto market: mining machine chips (such as Bitmain ASICs) face intensified competition from AI computing hardware, and mining companies may face rising chip procurement costs and AI computing power diversion. Impact on crypto: BTC mining difficulty remains high, and mining machine upgrade cycles are constrained by semiconductor cycles; if AI aggressively purchases advanced process nodes, mining machine capacity may be limited, indirectly supporting coin prices. However, if the short-term semiconductor crowded trade collapses, a tech stock pullback will drag down crypto sentiment, requiring caution for correlated volatility. #September CPI release imminent, Hamark says further rate hikes are still needed $SNDK Bottom buy-in? It's not at the bottom yet, so don't rush, folks.
You can check the chart where I explained in the chatroom why the US stock market has weakened recently.
Personal trading strategy: Prioritize placing short orders around 1450-1460. More aggressive traders can enter at the current price but should reserve positions for averaging down. Target range is 1400-1350.
#ASML Earnings Preview: EUV orders are the key focus Yi Jie Talks Crypto | October 13, 2026 Token 2049 Singapore has concluded. 25,000 people packed Marina Bay Sands, with Nasdaq CEO Adena Friedman, Franklin Templeton CEO Jenny Johnson, and heads from BlackRock and JPMorgan all present. Although called a "crypto conference," my biggest impression is that everyone no longer cares about what new coins can be created; the real discussion is: What can crypto still contribute to the financial industry? This question is the fundamental logic that determines our long-term holding. 1. From "Speculating on Coins" to "Building Roads" — Crypto is becoming financial infrastructure Previously, when looking at crypto, everyone talked about "which coin will rise" or "which project will surge." But at this Token 2049, the real progress is all about the fundamentals: payments and settlements. Traditional finance has developed for decades, with cross-border settlements taking days, involving many intermediaries, and high costs. Blockchain’s advantage is very direct — faster, cheaper, and operating 24/7 around the clock. A set of data illustrates the point: Stripe’s standard online card fee: $3.20 on $100 Stablecoin payment fee: about 0.8%, meaning only 80 cents on $100 In the past 12 months, the adjusted global stablecoin transaction volume reached $10.2 trillion, a year-on-year surge of 63% In March this year, Mitsubishi Corporation began using JPMorgan’s Kinexys blockchain account in Singapore and LondonBTC anchors the market cycle, ETH reflects the overall capital flow in the crypto ecosystem, and SUI tracks the incremental capital inflow into the new public chain ecosystem. Comparing all three together makes it easier to judge whether the new generation public chain sector has formed a sustained trend than focusing on the rise and fall of a single coin.
BTC sets the big direction; it is stable, so capital dares to take risks; ETH reflects the ecosystem's temperature; if it is strong, it means money is willing to flow to the application layer; SUI looks at incremental capital; if it gains volume, it indicates hot money is paying attention to the new public chains.
The current macro environment is not easy: CPI and PPI announcements are imminent, and interest rate hike expectations face tests; TSMC's Q3 revenue hit a new high, but the earnings report still holds key points; although institutions continue to build positions, BTC remains under pressure, and risk appetite has not fully recovered. ETH's capital flow has not significantly increased, and SUI's incremental capital also needs confirmation.
Only when all three resonate can the new public chain sector sustain; if only SUI fluctuates, it is mostly a local rotation and won't go far. Key points to watch: BTC's critical levels, ETH's capital return, and SUI's incremental sustainability. Wait for the signals, don't rush.
#CPI and PPI announcements are imminent, interest rate hike expectations face tests
#TSMC's Q3 revenue hits new high, earnings performance to be revealed
#Institutions continue to build positions, why is BTC still under pressure?
$BTC $ETH $SUI
This is only a personal observation and does not constitute investment advice.$BTC Cold reflections amid the AI boom and the crypto AI sector
JPMorgan Chase and Goldman Sachs have cut their loan exposure to AI cloud startup Volta by about $5 billion, underwriting only $1.3 billion, a rare tightening of risk control by traditional investment banks. Meanwhile, a Bank of America survey shows tech stock allocations at their highest since 2020, with semiconductors being the most crowded trade. Morgan Stanley warns that storage stocks are the most dangerous at the cycle peak, coupled with OpenAI's investigation revealing a performance decline in GPT-6.1. The AI narrative in traditional markets is facing a triple test of "overheated expectations + tightening financing + technical flaws." For the crypto market's AI sector (such as RNDR, AKT, etc.), the traditional AI downturn will trigger capital diversion: short-term linked pullbacks due to reduced risk appetite, but in the long term, crypto AI, leveraging decentralized computing power and flexible financing, may become a new safe haven for overflow funds. Caution is needed against AI coins that merely ride the hype; focus on real-world application scenarios. #September CPI announcement is imminent, and Hammack says further rate hikes are still needed Hello brothers and sisters, I am Coin Brother!
Why does the price movement of Bitcoin and Ethereum always seem so magical every time the CPI data is released?
I wonder if anyone else has this feeling: even if the inflation data is worse than expected, ETH can occasionally surge several points within an hour. But don’t rush to shout that the bad news is fully priced in! This wave of rise is mostly caused by short positions being forced to close, not by a large influx of new funds buying in.
Ultimately, the CPI game is about expectations for future interest rates. As long as core inflation rises slightly, the probability of rate hikes will quickly soar. But the market is smart; declines often reflect pessimistic expectations in advance, and after the data is released, it tends to trigger short-covering rebounds.
The new CPI data will be released on October 14. My view:
If total inflation is pushed to 0.6% by oil prices, but core inflation is only 0.2%, the market will most likely first drop sharply and then form a V-shaped recovery. 83,300 is the key dividing line for BTC; only if it holds above this level is there a chance to challenge 85,000. If it falls below 82,500, then the 80,000 level is hard to hold. ETH’s volatility will be more intense than BTC’s.
My approach: don’t bet on long or short positions prematurely! If inflation is high, patiently wait for a pullback; if inflation declines, then follow the trend to go long.
#9月CPI公布在即，哈玛克称仍需进一步加息 #台积电Q3营收创新高，盈利表现待揭晓 #半导体板块集中抛售，韩国KOSPI跌超6% $BTC $ETH $ZEC #BTC and ETH spot ETFs see simultaneous outflows, is institutional demand weakening?
The boss has something to say
BTC and ETH spot ETFs both saw outflows last week, totaling $1.221 billion. BTC net outflow was $679 million, ending three consecutive weeks of net inflows. ETH net outflow was $542 million, the largest single-week outflow since January, with nine consecutive trading days of outflows.
Is institutional demand weakening? I think it's temporary. Before the CPI release, funds are taking a risk-off stance, but this doesn't mean the allocation logic has changed. ETH outflows are more severe, related to continuous ETF fund withdrawals and BitMine announcing ETH holdings have peaked. Without a big buyer, ETH is weaker in the short term.
But the market rebounded today, BTC up 2.07%, ETH up 2.81%. This shows a divergence between fund flows and short-term prices. There is selling pressure, but also buyers. The market is waiting for the CPI to set the direction.
I hold long positions at 83000 and short positions at 86500, hedged on both sides with light exposure. No one-sided bets before CPI. Long stop loss at 81500, target 86000. Short stop loss at 87500, target 84500 to 85000. Whichever target is reached first, reduce that position first. $BTC $ETH $ZEC
ETF outflows are a slow variable, reflecting institutional caution, not panic. The real direction is determined by inflation data and US Treasury yields. Before the data comes out, hold hedged positions, don't chase rallies or sell off.
The above analysis is time-sensitive; stop losses must be set. Good luck.Why has the ETH quantitative bot been running continuously but never opening orders?
Brothers, today I cross-checked the WorkBuddy scheduled tasks with the ETH paper trading logs and found the issue.
13:12 score 17.0
14:14 highest score 19.3
15:16 dropped to 5.9
16:18 only 5.8
The opening threshold is 39.6; the highest score didn’t even reach half the threshold, so naturally, no trades were triggered.
Looking at the market, ETH dropped from around$BTC Digital Gold and Sovereign Credit
Waller stated that the U.S. Treasury risk premium no longer exists, and combined with Trump's failed threats to the Federal Reserve's independence, the sovereign credit system is undergoing a test. This is the perfect soil for Bitcoin's "digital gold" narrative. Although the sell-off in South Korea caused short-term disturbances, the macro essence remains unchanged: debt expansion and political intervention weaken fiat currency credit, strengthening the long-term value logic of crypto assets. Investors should distinguish between "short-term liquidity shocks" and "long-term value reassessment." Amid the turmoil, BTC's core position remains solid, while high-beta altcoins require careful selection. The crypto market will eventually reflect this macro transformation, so maintain patience and clarity. #September CPI announcement is imminent, and Hamarak says further rate hikes are still needed $BTC pulled back above 83,000. Is it a rebound or a dead cat bounce?
Conclusion first: This move from below 81,000 back above 83,000, I tend to see as a technical recovery after a wick.
How did it drop?
The South Korean KOSPI plunged over 6% intraday, triggering a circuit breaker. Samsung and Hynix each dropped 8%, and the entire Asian tech sector was sold off. BTC was hit along with risk assets, with a wick dipping below 81,000.
So why did it bounce back? Decoupling.
When BTC rebounded, the South Korean stock market and Nasdaq futures were still falling, not rising at all. What does this indicate? The short-term selling pressure has been fully released; BTC’s bounce is not a passive recovery following the stock market.
Additionally, the 50-day moving average is right around 81,000, which is a key support level closely watched by technical traders—if it falls below, buyers step in. The spot ETF’s cost basis is also mostly clustered around 83,000, so there is natural capital support.
What about the direction?
83,000 is the dividing line between bulls and bears:
If it holds above, a short-term bottom is likely formed;
If it doesn’t hold, the next psychological support is 80,000, and below that, 77,600 is the average cost zone for ETF investors, which is another defense line.
My own stance: chasing longs is pointless. This move looks more like a defensive pullback ahead of Thursday’s CPI data. Until the news results come out, it’s best to maintain positions and not trade.$BTC Asia Market Transmission Effect
Tom Lee pointed out that the sell-off in the South Korean stock market affected the crypto market, stemming from margin liquidations and large holdings of crypto assets by Korean capital, which is a "short-term pain." This reveals the deep involvement of Asian funds in the crypto market. South Korea, as a globally active crypto market, cannot ignore the chain reaction triggered by stock market turbulence. Combined with the Bank of Japan's undecided interest rates, Asian macro policies are becoming a new indicator for the crypto market. After the short-term pain, if Korean and Japanese funds stabilize, the crypto market is expected to recover. Investors need to pay attention to the KRW/JPY exchange rate and Asian stock market trends, as they have become leading indicators for crypto trends. #September CPI announcement is imminent, and Hammock says further rate hikes are still needed Prediction markets have also started copying the points operation of exchanges. Predict.fun launched an event for the League of Legends World Championship with a $250,000 USDT prize pool. The only way to get a treasure chest is to increase trading volume, and the value of the chest will only be revealed after the finals.
Pay the fees first, then open the blind box. The Worlds schedule is tight, and the odds for each match are small. To really boost volume, you have to go in and out repeatedly, so the platform has already collected enough fees. The prizes also include Steam cards and gaming chairs, clearly showing the budget scale.
$BTC
$ETH $BTC Bank of Japan Policy and Yen Arbitrage
Insiders reveal that the Bank of Japan tends not to raise rates consecutively in October but keeps the possibility for December. This has profound implications for the crypto market! As a major global currency for arbitrage trading, the yen's interest rate trajectory directly affects liquidity. If there is an unexpected rate hike in December, yen repatriation could drain liquidity from risk assets including crypto, triggering deleveraging; whereas holding steady in October gives the market a brief respite. The sell-off in the South Korean stock market has already impacted the crypto market due to margin calls, which Tom Lee calls a "short-term pain." The macro linkage between Japan and South Korea is strengthening, and Asian capital flows are becoming a key variable for the crypto market, requiring close attention to the central bank decision in December. #September CPI release is imminent, and Hammock says further rate hikes are still needed 20 million USD.
Disney picked up the AI character IP from Character.ai.
Others see bankruptcy liquidation, but I see a price that's almost like giving it away.
A company once valued at billions ended up selling its core asset for 20 million, and it's a non-exclusive license, not even exclusive.
Short-term traders' first reaction: what does this have to do with the crypto world?
Not much, but the sentiment is somewhat interesting.
How much funding has AI storytelling attracted in the past two years? Now the leading projects collapse just like that, showing that having only a story without revenue ultimately means being weighed down by big companies.
So what I care more about is not what Disney bought, but whether the market is still willing to give pure AI concepts a high valuation.
If this AI sector uses this news to trigger a wave of negative sentiment, I wouldn't be surprised at all.
Don't rush to bottom-fish; first see if anyone is really putting real money in.
#Microsoft releases next-generation AI chips, stock price hits yearly high
#Broadcom and Intel CEOs warn of AI financing pressure #Semiconductor sector sell-off, South Korea's KOSPI drops over 6% $BTC $WLD 这波上涨的根基是AI叙事。韩国散户把它当AI概念龙头炒，韩元计价交易量一度冲到74.1亿美元，加上联合创始人Altman的OpenAI热度，币价从9月的0.36拉到10月初0.61，30天涨了37%。
我在高位开了空单，逻辑很直接：这轮全是情绪推动，但基本面没跟上。每日还有约306万枚的持续释放，形成结构性抛压；多国又因虹膜采集的隐私问题限制其运营，叙事越热、抛压越实。
标记价回落，浮盈+199.40%。10月13日这天盘面很典型——盘中砸到0.4793、24小时最深跌13.34%，随后又从超卖区反弹7.58%，说明多空正在激烈换手。
后市关键看0.50这个20日线支撑，守住还有反复，跌破就要下探0.44。空单建议在支撑位附近分批止盈，别在超卖反弹里被洗出去。$BTC $ETH #9月CPI公布在即，哈玛克称仍需进一步加息
#台积电Q3营收创新高，盈利表现待揭晓
#半导体板块集中抛售，韩国KOSPI跌超6%
Triple risk resonance! CPI data is imminent, global tech assets collectively under pressure
1. September CPI release imminent + Hawkish stance from Hammock
Hammock believes current tightening is insufficient, inflation is sticky, supporting further rate hikes. Tonight's CPI is the core verification indicator: if inflation exceeds expectations, December rate hike expectations will heat up directly, U.S. Treasury yields and the dollar will strengthen, and non-yielding crypto assets will come under pressure; if inflation falls, hawkish expectations cool down, bad news is fully priced in, and risk assets have room to recover. This is the main theme driving the crypto market direction.
2. TSMC Q3 revenue hits record high, but profits await disclosure
Typical "buy the rumor, sell the fact." The record revenue has long been priced in by the market; funds are now not focusing on revenue but on gross margin and capital expenditure guidance. If capital expenditure is raised or profits fall short of high expectations, AI industry chain valuations will be revised down, weakening sentiment in growth risk assets; only profits exceeding expectations can temporarily support tech sentiment.
3. Semiconductor sector concentrated sell-off, South Korea's KOSPI drops over 6%
South Korea's stock market is heavily weighted in memory chips (Samsung, SK Hynix). This decline signals a global AI sector deleveraging and capital flight from overvalued tech assets, representing a rapid contraction in risk appetite. South Korea is also a region with very active crypto retail trading; panic sentiment will directly transmit to the crypto market, triggering high-leverage token liquidations and flight.
Impact by coin + price movement forecast
✅ BTC Bitcoin
Bitcoin is most deeply tied to U.S. Treasury yields and global risk appetite.
• CPI above expectations: combined with semiconductor panic sentiment, BTC bears the brunt first, spot ETFs may see outflows, leading to weak downward movement;
• CPI below expectations: rate hike expectations cool, panic eases, leading to a rebound recovery;
• CPI meets expectations: range-bound oscillation, driven by tech stock sentiment, volatility amplifies.
✅ ETH Ethereum
Much more elastic than BTC, a high-beta growth asset, more strongly linked to AI and tech growth stocks.
In bearish markets, ETH usually falls more than BTC; if data is positive and rebounds, ETH’s upside is stronger. Also, on-chain staking and leveraged funds are higher, so semiconductor panic can more easily trigger cascading liquidations.
✅ ZEC
Highly leveraged altcoin with dual attributes.
First, it follows the macro market; when risk appetite collapses, funds abandon these altcoins first, with declines significantly larger than BTC and ETH;
Second, it has an independent narrative in the privacy sector, only showing independent rallies when the market stabilizes and funds return to small-cap themes. In the current environment of global tech stock sell-off, ZEC carries the highest risk among the three, with the most volatile swings.
$BTC $ETH $ZEC The accounting for AI companies involves not only how to record revenue but also how to pay employees.
The controversy over OpenAI's revenue recognition is still being discussed. Another detail mentioned by Axios is worth noting: Anthropic's quarterly profit excludes equity compensation. This is not OpenAI's profit data and cannot be directly compared to the profits of the two companies, but it reminds me that when looking at AI investment returns, one must ask clearly which costs are deducted from the so-called profits.
Using stock to recruit employees may reduce cash outflow in the current period, but the labor provided by employees still has a cost. For shareholders, this payment method may also change their shareholding ratio. If a company adds back equity compensation to profits but later needs to spend cash to repurchase shares to offset dilution, that cost is merely shifted in time and accounting position, not vanished into thin air. Of course, whether to repurchase and how much dilution occurs depends on the specific company's disclosures and cannot be generalized.
Attractive adjusted figures can easily lead to premature celebration. After revenue growth, can computing costs and personnel compensation be covered? Can the returns ultimately distributed to shareholders grow accordingly? These questions are more relevant to investment returns than which company has a larger revenue headline.
I am willing to believe AI can produce profitable products. I also hope that when formal financial statements are disclosed, the differences before and after adjustments will be listed item by item. When looking at a company that may go public, readers should not have to guess costs like solving a puzzle.
#OpenAI revenue recognition controversy, AI investment returns under scrutiny 81,000! Bitcoin's midnight scare, $600 million evaporated instantly, why did Wall Street suddenly 'turn hostile'?”
During the midnight period, BTC quickly dropped to around $81,000, with $600 million in long contracts liquidated in a short time. Many interpreted this as Wall Street collectively dumping and turning hostile, but it was actually a resonance of multiple factors.
At the macro level, the market was preemptively betting on US inflation data, crude oil prices rose due to geopolitical conflicts, the market worried about persistent inflation, lowered expectations for Fed rate cuts, US Treasury yields rose, and risk asset valuations came under pressure. Dollar liquidity expectations tightened, and institutional funds began reducing risk exposure. Structurally, the prior rebound had accumulated a large amount of long leverage. Midnight is the weakest liquidity window in the crypto market; the price breaking below the key support at $81,000 triggered a chain of forced liquidations. Liquidation selling combined with algorithmic trading continued to hammer the market; the liquidated funds were counted by the market as "market cap evaporation," which amplified the decline rather than being a one-time large sell-off by Wall Street.
On the funding side, net inflows into spot ETFs significantly shrank, institutions chose to wait and see, lacking enough buying power to absorb selling pressure. After the technical breakdown, short-term speculative funds followed the trend to flee, and panic sentiment self-reinforced.
Key clarification: It was not a unified "turn hostile" by Wall Street. Institutional funds were divided; some reduced positions to hedge, others bought the dip. The $600 million was the amount liquidated in derivatives long positions, not large-scale spot selling. The short-term sharp drop was due to expectation disturbances combined with leverage stampede. Do not define a single correction as the end of the bull market, nor blindly treat it as a golden buying opportunity. Focus on tracking US Treasury yields, ETF fund flows, and on-chain chip distribution.#Attack on Riyadh Airport, Saudi Arabia Accelerates Land Oil Transport Layout The attack on Riyadh Airport highlights that Saudi Arabia's domestic infrastructure remains exposed to drone and missile strikes, prompting the market to reassess the supply vulnerabilities of the Strait of Hormuz and Red Sea shipping routes. Saudi Arabia is intensifying upgrades to its east-west land oil pipelines, with the core goal of creating alternative routes to reduce sole reliance on maritime channels, effectively building an energy "safety valve" in advance.
In the short term, the expected expansion of land pipelines will moderately suppress the geopolitical risk premium on crude oil, weakening the momentum for a unilateral sharp rise in oil prices. However, it should be noted that the pipelines themselves are also located within Saudi Arabia and are equally vulnerable to attacks; they can only buffer but cannot completely eliminate Middle East supply concerns.
This news is relatively neutral for risk assets: on one hand, the supply hedge expectation eases inflation fears caused by a sharp oil price surge, indirectly reducing pressure on the Federal Reserve to raise interest rates again; on the other hand, the attack itself indicates that the Middle East situation remains unstable and could flare up again at any time, increasing volatility, which will cause repeated disturbances to BTC, ETH.
Key points to follow up on are: first, the progress of land pipeline expansion implementation; second, whether there will be further attacks on energy facilities. If attacks continue, the geopolitical premium will return, pushing up oil prices and inflation expectations, which is negative for high-beta assets. $BTC $ETH $ZEC Where to put the $SOL in hand can make a difference of more than five points in annual returns.
Leaving it idle in the wallet yields 0. Native staking to validators currently yields 5.22%, with an inflation issuance of 3.6049% per year. These new coins are only distributed to the staked portion, which accounts for less than 70% of the total supply; dividing these two numbers gives that rate.
If you want to be able to sell anytime, convert it into liquid staking certificates. The largest tier quotes 4.74%, several in the middle hover around 5%, and the highest reaches 5.69%. Certificates can be traded and used as collateral, but the yield is reduced by a layer shared with issuers and validators, so it’s lower than the gross yield.
Next is depositing into lending protocols, lending SOL to others to earn interest; the current on-chain rate is 3.99%. Slightly lower than staking, but you can withdraw anytime.
There’s also a category with much higher quoted yields, pools pairing SOL and USDC, some quoting over twenty percent, others over sixty percent. These yields aren’t free; when prices move unilaterally, the pool’s tokens gradually convert to the weaker side, and the paper gains are eaten back from there.
The differences among these tiers ultimately come down to what you exchange for what. Native staking offers the highest real yield, at the cost of a one- or two-day unbonding period; certificates can be sold anytime but yields are reduced by a layer; lending and pools are more flexible, with extra returns coming from borrowers and price movements.
These quoted yields are listed on public yield leaderboards by pool, showing highs and lows within a day; checking again after a week, the numbers will have changed. Since OKX filed with the SEC to launch 63 US stocks, its layout in RWA has finally caught up a bit. Recently, it has been listing several stock contracts every day, so the decline of $OKB in the past few days hasn't been significant.
Thinking about it, it's quite bold: for compliance and long-term operation, they are willing to give up several months of golden time for market capture.
Now the gap between OKX and $BNB in the US stock tokenization market has become apparent: the competitor ranks first in trading volume with a 60% share; OKX ranks second with a 20% share.
Moreover, on-chain, X Layer is also lagging quite a bit. I said earlier this year that RWA should primarily benefit Ethereum because many real-world assets will preferentially flow into more decentralized, safer, and more stable chains.
Unexpectedly, the competitor has risen rapidly, taking first place from the US stock perspective, while X Layer is only fifth now, with a long way to go to reach the top.
Hopefully, X Layer can catch up soon. Looking at it from another angle, maybe it's a good thing—after all, there's plenty of room for growth, which also means the potential upside for $OKB is large ☺️Don't overthink it!
The idea that Russia can export large amounts of diesel is simply unrealistic.
Domestic fuel supply in Russia is already tighter than in previous years, and internal demand is still rising.
Don't forget, this was the situation before a series of refinery explosion accidents occurred!Short-term (intraday to 3 days, directly affecting the BTC market)
1. Cleveland Fed President Hammack's hawkish speech: The core message is that inflation risks have not been eliminated, and the option for further rate hikes remains. BTC is very sensitive to changes in U.S. Treasury yields and the dollar; hawkish expectations strengthening will directly suppress buying, making a pullback likely.
2. U.S. September CPI data to be released this Wednesday: This is the most critical short-term anchor for the current market. If CPI exceeds expectations, it will directly raise the probability of a December rate hike, bearish for BTC; a decline in inflation will release easing expectations, supporting prices.
3. Regulatory news in the Asian region (South Korea banning foreign platforms): Mainly affects risk appetite for Asian regional contract funds, which will amplify BTC contract volatility and spike probability, impacting the spot market fundamentals.
Recent volatility is high; trade cautiously, and set stop-losses properly #TSMC Q3 Revenue Hits Record High, Profit Performance Yet to Be Revealed 50 Billion Not Enough, 100 Billion Is: DeepSeek's Latest Funding Round Is Not About Lacking Money, But About Buying Into the "Domestic AI Industry Chain" First
According to reports from Caijing and other media, DeepSeek's second funding round plans to increase from 50 billion to about 100 billion, with a pre-investment valuation still fixed at 500 billion; new investors include Shixi Capital, SMIC Juyuan, CPE Yuanfeng, Junlian Capital, and Geely—all "chip + vehicle + industrial capital"; existing shareholders CATL (planning to add about 10 billion more), Tencent, IDG, Lisi, and Shixiang also participated. DeepSeek has not officially confirmed, but this list itself is more explosive than the amount.
What Liang Wenfeng wants is not just more zeros in the bank account, but to weld computing power—energy—vehicle end—storage into a network before going public:
SMIC Juyuan/Shixi = domestic chips and storage;
CATL = electricity and energy storage for training clusters;
Geely = vehicle-end large model scenarios;
Tencent = traffic, cloud, developer ecosystem. Bitcoin is repeatedly oscillating between 81,000 and 84,000, with the 80,000 mark being a significant barrier. ETFs saw a net outflow of 681.1 million USD last week, and selling pressure before the CPI data won't be light. Mainstream coins like Solana and Hedera were all dragged down by the liquidation wave, while NEAR briefly rebounded on ETF inflows but softened again. The IMF is also chiming in, saying that the AI asset correction will impact the global bond market, indicating a tight macro environment.
Outside the booth, a foreign car tried to snag a parking spot. I pressed the remote but didn’t lift the barrier, then looked down to continue watching the market.
GTC is moving opposite to the broader market. The candlestick has stabilized above the Fibonacci 0.382 level at 0.2468, with a MACD golden cross and volume expansion, showing a complete bullish structure. The current price at 0.2484 is consolidating within the accumulation zone, with downside space locked. Above, between 0.255 and 0.260, there is a cluster of short liquidation positions—this is the gravity point, and the price will most likely move there to sweep liquidity.
Trading strategy: buy on dips. Enter gradually between 0.2468 and 0.2485, with the first take-profit target at 0.265. Once reached, watch volume to decide whether to hold further. Set stop-loss below 0.2430; if broken, admit the mistake and exit without holding the position. The bias is bullish, and short liquidations are the fuel.
$GTC
#SanDiskMicronDown, ChangXinTechnicalProgressInFocus
@OKXPlanet Tomorrow night at 8:30 PM, the September CPI will be released, which is the most important reference before the Federal Reserve meeting on October 28.
Institutions expect that rising energy prices may push the overall CPI year-on-year from 3.4% to 3.7%, but the core CPI month-on-month growth rate may slow from 0.3% to 0.2%. This combination is very critical: overall inflation is driven up by oil prices, but core inflation is cooling down. If the core CPI really slows, it indicates that price pressures have not spread, and the market will strengthen expectations for a pause in rate hikes.
However, officials are not easing. Cleveland Fed President Harker clearly stated on October 12 that inflation pressures remain broad and support further rate hikes. CME data shows the market expects about a 79.5% probability of rates remaining unchanged in October. There is a large divergence between hawkish officials and market pause expectations.
This divergence is the source of volatility tomorrow night. If the overall CPI is relatively hot but core cools, the market will lean toward pause expectations, the dollar and U.S. Treasury yields will fall back, and BTC has a chance to rebound and test 83,500 to 84,500. If both overall and core exceed expectations, the probability of a rate hike in October will rise again, BTC will be under pressure, with support at 81,500 to 82,000, and if broken, look to 80,000.
BTC is now near 82,000, up 0.8%. Many defenders are stacked near 80,000, so this position has short-term support. But the direction is not yet chosen; before the data is released tomorrow night, do not bet heavily.
$ZEC $BTC $ETH 。#9月CPI公布在即，哈玛克称仍需进一步加息 Crypto exchanges are all rushing to integrate US stocks, increasing liquidity pressure. BingX launched over 7,000 US stocks and ETFs today, with orders routed through Alpaca; Bybit followed suit yesterday. Leading platforms are embedding US stock access directly into crypto accounts, allowing funds to flow back and forth between stocks and crypto. Coupled with high interest rates and stubbornly high US Treasury yields, the substitution effect of equity assets on high-risk crypto assets is growing stronger, with high Beta coins being hit first.
BTC is currently at $83,704, near the lower bound of the range. $83,000 is a key level; breaking below it could lead directly to $80,000. On the upside, there is resistance at $86,000, which needs strong volume to reclaim in order to shake off short-term bearishness.
ETH is at $2,525, falling more than BTC, with the exchange rate still weakening. $2,500 is the next support line; breaking it could see a drop to $2,400. Resistance on the rebound is at $2,650.
ZEC is at $1,228, down 8.61% in 24 hours. While mainstream coins remain stable, it is being sold off on its own as funds withdraw from privacy-focused and other fringe narratives. Due to thin liquidity, its pullbacks are often several times larger than the broader market, so chasing highs or bottoms requires caution.
Exchanges moving US stocks into crypto accounts is just the beginning of capital diversion; with a weak market, defending support is more important than chasing rebounds.
$BTC $ETH $ZEC
#BTC and ETH spot ETFs are seeing simultaneous outflows; has institutional demand weakened? Is it still time to roll the position now? I really regret not doing it earlier!
Seeing ZEC's big bearish candle directly smashing through 1162, my heart is truly bleeding.
It's not because it dropped, but because I hate myself!
Clearly, when it was above 1300, I was sure it couldn't go higher, so why didn't I dare to be bolder and roll the position?
Now looking at the 1354% profit in my account, others envy it, but I only feel regret.
In this bearish trend, I got some gains, but because of fear, I missed out on the fattest piece!
Why am I so sure this drop isn't over yet?
Check out the latest fundamentals: ZEC's NU7 upgrade plan has sparked concerns that v4 transactions might be disabled.
Privacy coins fear protocol instability the most, and this basically shakes its technical foundation!
The main players are using this news to wipe out retail investors who were shouting "bullish quick recovery."
Look at the 4-hour chart: from 1384 down to 1112, then rebounded to 1349, and now turning down again to 1162.
This is not bottom building; it's the main players repeatedly pumping and dumping, tricking hopeful bulls to get slaughtered one wave after another.
Now retail traders are scared and rushing to short, the long ratio plummets, but this actually shows the real panic selling isn't over yet.
The major trend has completely turned bearish
$BTC $ETH $ZEC
#InstitutionsKeepPositioning, why is BTC still under pressure? $BTC pulled back from 81,033 to 83,700, just 0.3% shy of the opening price; $ETH bounced from 2,409 to 2,532 but didn’t reach back to 2,560, with resistance at 2,580 like a wall; $SOL rose from 101.63 to 108.56, still 3% short of 112.19. When funds face uncertainty, their first reaction is always to retreat to BTC.
The macro environment hasn’t eased at all: Harker hawkishly stated that inflation has spread from energy to AI infrastructure and electricity, with a rate hike in September and nearly 88% probability of another in December; CPI data is due Wednesday. On the ETF side, BTC saw an outflow of 679 million in the first week, ETH has been bleeding for 10 consecutive days, and ETHA had a weekly outflow of 477 million—BTC has buyers, but ETH is truly bleeding.
So this is a BTC-led recovery, not a return of risk appetite. Focus only on three things: BTC holding above 84,360 (a volume-light surge still needs to retest 82,800–83,000); ETH reclaiming 2,580 (losing 2,536 would escalate the pullback); SOL breaking through 113. Only when all three move together can it be considered diffusion; BTC running alone is risk-off; if BTC falls below 83,000, this recovery is discounted.
SOL’s quick bounce is a high Beta instinct, not strength—real strength is whether it can reclaim lost ground.
#September CPI release imminent, Harker says further rate hikes are still needed $ETH 一觉睡醒，盘面翻了个面。
大饼深V，从80961拉回83574，以太也从2407弹回2523。
但是先看一个数据，昨天大饼和二饼的ETF，同步净流出。
问题来了，机构在撤，价格却在V，这波反弹是谁拉的？
答案不难猜。爆完仓的空头回补，加上散户抄底，再叠上费率洗干净之后的轻装上阵。
这三种钱拉出来的反弹，有个共同特点，来得快，没后劲。机构的钱没上桌，桌子就没那么稳。这种V我见得多了，十次里有七次是空头回补。
所以别看到V就喊反转。我的尺子还是那把，一天是离席，连续才是撤退。反转过来也一样，一根V是情绪，明天ETF继续流入才是钱回来了。
明晚八点半还有CPI，哈玛克早上还在放鹰，说要更快更频繁地加息。CPI要是再炸一次，今晚这个V就白V了。
我自己的纪律没变，深V不追，回踩不破再看。这波要是真反转，不差这一天。要是假反弹，追进去的人又得给庄家送一单。
大家觉得，这波深V，是空头回补的虚火，还是反转的开始？
#BTC与ETH现货ETF同步流出，机构需求转弱了吗？ $ETH $SNDK #半导体板块集中抛售，韩国KOSPI跌超6% $SNDK $SKHY $MU Why the bearish outlook? 🔥🔥🔥
First, remember one thing: stock prices trade on expectations, not the present.
If you’re still browsing the news, you’ll see NAND and DRAM spot prices rising—that’s a fact; but capital is already thinking ahead about the story to come.
The storage sector is weakening, and there are several core concerns:
First, worries that there’s no big buyer to support the price anymore! Previously, Samsung and SK Hynix propped up stock prices with massive buybacks, but the market expects that money is running out.
Second, concerns about overcapacity! Global manufacturers are planning expansions, and with breakthroughs in domestic high-end storage, the market is worried in advance whether supply will increase in a year or two, cooling down the cycle’s heat.
Third, lowered expectations for AI! OpenAI’s latest revenue isn’t as exaggerated as rumored online, so capital is starting to consider: will the cloud providers’ frenzy to hoard storage slow down a bit?
The previously blind optimistic premium is being gradually withdrawn by the market. The overall trend going forward is down. For specific entry points, Sister Xi will notify here 👇👇👇STRK at $0.086, do you dare to bottom-fish?
It took only 4 days to surge from 0.05 to 0.126, then it dropped back to 0.086 in two days. Everyone is shouting "L1 + quantum resistance takeoff," but with unlocking the day after tomorrow and CPI tomorrow—are you buying the bottom or halfway up the mountain?
Let's look at the surface first: a normal pullback after a sharp rise, daily chart still above the moving averages, RSI just over 60, not oversold.
In the past month, STRK doubled, up 65% in 7 days, hitting 0.126 on October 11, a nearly 10-month high. Then on the 12th, a big bearish candle smashed it down to just above 0.08, a 30% drop in one day. Today it’s still down 14%-18% in 24 hours, ranging between 0.082 and 0.107.
The candlestick tells you: 0.086 is exactly the 50% retracement level from the starting point 0.048 to the high 0.126. Daily EMA20 (0.06) and EMA50 (0.047) remain intact, the major structure is not broken. All technical analysts are shouting: 50% retracement is a golden pit, buy it!
But I want to ask you:
Have you ever seen a "normal pullback" that is the first high-volume long bearish candle after a sharp rally, and unlocking happens the day after tomorrow?
First thing: The L1 narrative is just a "consideration"
On October 8 at Token2049, StarkWare’s Eli Ben-Sasson said: they are considering spinning off from Ethereum L2 to become an L1, aiming to be the first quantum-resistant network by 2027.
The market immediately priced this in. STRK surged from 0.05 to 0.126 in a few days.
But note: this is "considering," no governance approval, no migration timeline, no mainnet launch date.
In plain language:
The project says "I might do something big in 2027," and the market treats it as "already done."
On-chain activity and fee revenue lag far behind the price increase. This rally is a valuation re-rating, not a fundamental change. 0.12 has already overextended the story.
What does "buy the rumor, sell the fact" mean? This is it.
Second thing: 127 million tokens unlock on October 15, selling pressure will be amplified by leverage
The day after tomorrow, October 15, about 127 million STRK will unlock, accounting for 3.4% of circulation, roughly over ten million dollars at current prices.
Sounds small?
But look at the current market structure: 24-hour volume is 300-400 million dollars, close to market cap. This is not a slow bull market, it’s leverage and short-term trading at play.
After a sharp rally, contract positions are crowded, funding rates are positive, many longs.
Unlocking at this time, even if only dumping over ten million, can trigger a chain of liquidations.
The negative impact isn’t huge, but at the wrong time, it’s a nuclear bomb.
Third thing: No macro tailwind, CPI is tomorrow
BTC is oscillating between 82,000-84,000 USD, spot ETFs saw significant outflows last week. The 10-year US Treasury yield is 5.2%, liquidity is very unfriendly to high-beta altcoins.
Tomorrow, October 14, is the US CPI release.
The Fed already raised rates once in September; the market is wavering between "pause in October, raise again in December." If CPI beats expectations, volatile coins like STRK will be the first to get cut.
Individual narratives can run independently for a few days, but unlocking day overlapping with CPI leaves very little margin for error.
Bull vs. bear showdown, judge for yourself
On one side:
L1 + quantum resistance narrative, big imagination for 2027
Daily chart still above EMA20/EMA50, major structure intact
Protocol v0.14.4, mobile proof, staking vault, long-term story intact
0.086 is exactly 50% retracement, technical analysts see this as the decisive zone
On the other side:
L1 is just "consideration," no governance approval or timeline
127 million tokens unlock on October 15, leverage crowded
CPI tomorrow, US Treasury 5.2%, BTC ETF outflows
On-chain activity and fees lag far behind price
FDV based on 10 billion total supply is close to 900 million USD, not cheap
Key level 0.086, resistance above at 0.100 is the lifeline, support below at 0.082 is the critical point.
Resistance above: 0.088-0.090 → 0.093-0.096 → 0.100-0.103 (round number resistance + crash start) → 0.120-0.127 (previous high)
Support below: 0.082 (24h low, break accelerates) → 0.074-0.078 (61.8% retracement) → 0.065-0.068 → 0.050-0.055 (last defense line for this bull run)
Daily chart bullish, hourly chart bearish. Typical large-scale uptrend intact, small-scale distribution ongoing.
Trading strategy
Short term (before unlocking, before October 15):
Default to wait and see, or only short on rebounds, do not chase longs.
0.082 is today’s critical point. If 1-hour candle can’t reclaim it, next target is 0.074-0.078, weaker target 0.065.
Rebound to 0.093-0.096, if volume can’t keep up and there’s another long upper shadow, reduce position or short, stop loss above 0.100.
Only a 4-hour volume breakout closing above 0.100 means the dump was bought back, then look at 0.110/0.120. Before that, treat all rebounds as escape waves.
On unlocking day and after:
If on the 15th it dumps to 0.074-0.078 or even 0.065, and BTC doesn’t break down, small position can try to catch a rebound, stop loss 4%-5% below entry low, target first 0.088, then 0.096.
If unlocking day doesn’t drop and directly breaks above 0.100, it means selling pressure was absorbed by spot, then follow along, don’t guess early.
If daily closes below 0.050, this L1 narrative trade ends, back to bear market consolidation, don’t hold on.
Positioning iron rules:
Keep total perpetual risk to a very small part of the account, single loss limit 1%-2% of net value.
Currently funding rates are positive, contract positions high, longs crowded, prioritize preventing spikes, don’t use high leverage to "bottom-fish halfway up the mountain" at 0.086.
STRK now is like ARB in 2025—
L2 leader, narrative upgrade, grand ecosystem, everyone thinks "this time is different."
What happened?
Unlock dump, narrative falsification, price halved from highs again and again.
In crypto, after a coin doubles, any "good news" might just be fireworks to unload.
$BTC $ETH $STRK Standard Chartered’s RLUSD custody announcement matters less as a product launch than as evidence of institutional plumbing being assembled. Trading and collateral plans still depend on testing and approval, while FASB consultation shows accounting treatment remains in development. Adoption may hinge on these operational layers, not branding alone.
#StandardCharteredRLUSD