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#交易之声：你的经验值得被听到 In my trading rules, the absolute red line that must never be crossed: never casually add to losing positions or hold through losses, strictly control the risk per trade, and stop all trading for the day immediately if the account hits the maximum daily loss.
Usually trading coins like BTC, ETH, and ZEC, which have very different volatilities, ZEC is extremely volatile, with sharp spikes and drops often occurring within minutes, easily causing emotional reactions to short-term market moves. When seeing others post profit screenshots, be clear about the hidden drawdown risks behind them and avoid blindly chasing highs or mimicking high-leverage trades.
Before opening any position, set the stop-loss level in advance, and think through the worst-case loss for that trade and whether you can bear that loss. Keep the overall crypto asset position within a reasonable portion of total capital, never putting all chips on a single coin. Even if BTC and ETH trends look very clear, do not increase leverage or expand positions arbitrarily.
Market opportunities are endless, but once the principal is significantly depleted, even the best market conditions are irrelevant to you. Profit is a byproduct; preserving principal is the primary rule of trading. #美国9月非农仅增2.9万，失业率升至4.2% #BTC、ETH现货ETF同步转流出，资金热度降温 $BTC $ETH $ZEC Crypto Circle: Bitcoin Battles at 85,000, ZEC Faces "Hacker Nightmare" Sharp Drop
$BTC is fiercely contesting the key psychological level of $85,000. On-chain data shows that after breaking through this resistance, liquidity above has significantly decreased, and market attention has shifted to the round numbers of $90,000 and even $100,000. However, around $88,000 is the average cost line for buyers from 18 months to 2 years ago, and some break-even positions may create selling pressure. Whether the bulls can absorb this returning supply will determine if the rebound can continue.
$ETH is currently maintaining range-bound fluctuations near $2,680, with the market awaiting a clear breakout signal. The retail long-to-short ratio is as high as 2.28, with nearly 70% of retail traders betting on the long side. Historically, such an extremely crowded long position is often a strong contrarian signal. In contrast, the whale accounts’ long-to-short ratio is only 1.2, remaining cautious. The market may first clear out over-leveraged retail traders through consolidation before starting a new trend.
$ZEC has sharply retraced 21% from the high of $1,698 to around $1,320. Behind this decline is a triple pressure: Grayscale ETF outflows exceeding $30 million in a single day; although the RSI indicator has fallen back to the neutral zone at 50, the ADX trend strength remains high at 52, indicating that the previously formed strong trend structure has not yet completely collapsed.
$SOL price is fluctuating around $119, with the most notable signal being the MACD indicator fully returning to zero, meaning the bulls and bears have reached a balance point after sustained gains.$AAVE short positions are trapped; the market is not targeting anyone
$AAVE rose from 168 to 187, gaining 9 points in one day.
Some shorted during this period and are floating a 5-point loss.
What does this number mean:
168 to 187 is 19 dollars.
19 divided by 168 is about 11%.
The short position loses the gain percentage, not the price difference.
What actually happened:
In the morning, $BTC rose from 84000 to 86800.
$ETH only recovered from 2700 to 2777, clearly weaker.
$AAVE, however, rose 9 points continuously, exactly opposite to the short direction.
With leverage, a 5-point floating loss will be magnified.
Without stop loss, the loss is more than just the principal ratio.
The more smoothly a coin rises, the easier it is for those shorting it to be forced out first.
Holding the position waiting for a pullback means waiting for the price, not the reason.
#BTC、ETH现货ETF同步转流出，资金热度降温
#Strategy再购BTC，多家财库同步增持 $AAVE $BTC $BP 4-hour chart, I am currently focusing on two supports:
$1.28–1.32: short-term support
$1.20–1.21: core support
Both levels have recently shown clear buying interest.
The resistance near $1.75 above remains the previous high,
Only a true breakout and stabilization above it would reopen the space.
Right now, it looks more like oscillation within a large range.
As long as support holds, the structure remains intact.
$BP ⛰️
This does not constitute investment or trading advice. Real trading record for the 5th month, restarted in May. During May, June, and July, I opened a few positions but barely managed them, with holdings never exceeding 1/50. The real start was at the end of July, deciding that since I chose this path, I must persist, follow my own discipline, trade on the right side, always maintain reverence for the unknown, protect the principal, and learn to stay out of the market.The monthly opening market trend has appeared again this time.
It was caught the previous two times as well. This time #BTC pulled up near the opening, swept the high point, with a range of about 4%.
But sweeping the high does not mean it has stabilized.
If the price just touched it and then fell back, it remains in the original range.
True confirmation requires seeing a close above the high point and holding it.
Right now, it’s still unclear whether this is a breakout or another fake move.
My bias is toward the bullish side, but the possibility of range-bound oscillation exists.
Be cautious and don’t be greedy for this 4%.#美债收益率频创新高，长期利率压力未缓解
US Treasury yields are once again stirring global risk assets. The 10-year Treasury yield surged to 5.34%, hitting the highest point since 2002. Even though it later retreated to around 5.2%, the reality of persistently high long-term financing costs remains unchanged, which is the core constraint suppressing the crypto market's rebound potential.
Many traders focus on the PCE inflation data, believing that cooling inflation could signal the start of a bull market. But the reality is harsh; the positive impact from the PCE data only lasts a few hours before fading. The market has finally realized that short-term easing of inflation cannot reverse the broader environment of sustained high interest rates.
The US Treasury has conducted $6 billion in medium- and long-term bond buybacks, and the Federal Reserve has optimized bank leverage rules to improve Treasury liquidity. These actions are liquidity patches, not signals of easing. Such stopgap adjustments are unlikely to quickly lower long-term yields.
For BTC, long-term US Treasury yields are like the Sword of Damocles hanging overhead. When risk-free returns remain high, capital naturally avoids high-risk assets like crypto. Short-term rebound pulses are mostly oversold recoveries.
Don't be fooled by single-day price swings. As long as long-term interest rate pressure does not substantially ease, the market will struggle to sustain a smooth, one-sided rally. The key focus going forward is the sustained trend of US Treasuries, which will determine whether this rebound marks the start of a reversal or just another bull trap. #美债收益率频创新高，长期利率压力未缓解
The 10-year US Treasury yield surged to 5.34%, hitting a new high since 2002, while the 30-year yield reached 5.68%. Even the 30-year US mortgage rate climbed above 7.28%.
Many believe that positive PCE data would directly drive BTC upward, but in reality, the positive effect lasts only a few hours. The core factor truly suppressing risk asset pricing remains the high long-term US Treasury yields.
Although market expectations for further Fed rate hikes have cooled and Treasury yields have retreated from their peaks, with the 10-year yield around 5.2%, the pattern of persistently high long-term financing costs has not fundamentally changed.
The US Treasury implemented a $6 billion buyback of 10–20 year bonds as part of an established liquidity support plan; Bowman also mentioned adjustments to bank leverage capital rules and increased dealer holdings of US Treasuries, aiming to improve Treasury market liquidity.
These measures are primarily to prevent a collapse in Treasury market liquidity, not to directly lower long-term rates. In a high interest rate environment, valuations of risk assets like Bitcoin will continue to be under pressure. As long as long-term yields do not show a sustained downward trend, it will be difficult for the market to experience a sustained large-scale rally. Capital will continue to weigh the returns of holding risk-free US Treasuries against the risk premium of crypto assets.The SEC has approved 3x leveraged BTC and ETH ETPs, which looks like a short-term positive but is actually more about adding new leverage tools to the market. These products aim to provide 3 times the daily returns of BTC and ETH. If the underlying asset rises 1% in a day, theoretically the product rises 3%; if the underlying asset falls 1%, the product may also fall 3%. However, it is important to note that the 3x ETP tracks daily performance, not a simple amplification of long-term returns. In a high volatility environment, compounding and path dependency can significantly amplify deviations, and it is even possible for BTC to rise while the 3x product underperforms expectations over the long term. Therefore, the core significance this time is not directly bringing spot buying pressure to BTC, but making it easier for traditional securities accounts to participate in high-leverage crypto trading. The transmission path is clear: 3x ETP approval → lower trading threshold for traditional funds → increased BTC and ETH leveraged capital → amplified volatility → strengthened trend market. When prices rise, leveraged products may further amplify chasing momentum; but if BTC turns down, the inverse volatility will also be amplified. Especially given that spot ETF funds for BTC and ETH have already been flowing out simultaneously, this news needs to be viewed with distinction. It adds trading tools but does not mean institutional spot funds will immediately flow back. The short-term focus is on three indicators: ETF fund flows, 3x ETP trading volume, and BTC spot price. If the 3x ETP launches with active trading and BTC spot continues to receive capital support, it indicates new risk appetite entering the market; if only the leverage product's popularity rises, spot BTC 84648, ETH 2679, currently stabilizing around 84600 catching a breath. ETH is still weak, stuck at 2679, 2700 is unreachable, the problem of ETH following the rise but not the fall hasn't changed.
I glanced at the order book, BTC has support at 84300-84500, but buying pressure isn't strong; selling pressure piles up at 85000-85500. Volume has shrunk significantly compared to the surge, indicating last night's sharp drop washed out most panic sellers, leaving mostly those holding on and bottom-fishers. ETH is even clearer, supported at 2650-2670, pressured at 2700-2720, stuck in a dilemma between the two.
Key levels I marked:
BTC: Support 83800-84000, break below targets 83000-83200; resistance 85000-85500, failure to rebound means weakness.
$ETH: Support 2650-2670, break below targets 2620; resistance 2700-2720, failure to break means rebound.
My operation: I haven't re-entered after reducing position at 86800 last night. If BTC pulls back near 84000 with reduced volume and stops falling, I'll lightly buy in with stop loss below 83500; if it directly surges to 85500 without volume, I'll continue reducing. If ETH holds above 2700, I'll hold; if it can't break through, I'll reduce.$CAP surged then pulled back, with a 24-hour retracement exceeding 12.40%, and the daily chart showing a long upper shadow candlestick. After the previous surge, selling pressure was concentratedly released, with trading volume expanding simultaneously.
Looking at the whale sample data: 105 long positions with an average entry price of 0.0558348, a profit ratio of 42.85%, early entry accounts still have floating profits, indicating possible profit-taking; 100 short positions with an average entry price of 0.0690842, a profit ratio of 37.00%, showing clear divergence between bulls and bears.
As a newly listed asset, it inherently has very high volatility. The long upper shadow indicates strong resistance above, so do not rush to enter and speculate on a rebound just because of the pullback.
Offensive position: 0.0810, Defensive position: 0.0662.
⚠️ Traders must control their position sizes carefully, be cautious! Let's take a look at the Bitcoin section. After the rise, there was a drop, which is what I've been emphasizing all along—the importance of taking profits. Missing the opportunity to take profits now makes things a bit awkward. In summary, my view remains unchanged, and the price levels are the same. Bitcoin price levels (same as before, for reference): » Original planned long position zone: 83,000 to 83,500. » Original planned target: 86,000. » Original planned add-on: 81,000. » Original planned stop loss: 78,000. » The previous article said to take profits and exit when possible; this article also has no new entry suggestions. Reviewing the price movement over the past day (Taiwan time, OKX perpetual): Yesterday at noon, it surged past 86,000; at 8:30 PM when the non-farm payrolls were released, the high reached 87,239; then it started to decline, around 10:30 PM it lost the 86,000 level, after 1 AM it fell below 85,000, and during the 2 AM hour the low hit 83,826.4, which was the low point of this pullback. Afterwards, it gradually stabilized, mostly between 84,400 and 84,700 in the morning, around 84,617 at the time of the screenshot. From the high to the low, it dropped about 3,400 points. Those who took profits above 86,000 and those who didn't are now in very different situations; this is why taking profits is important. In summary, my view remains unchanged, and the price levels are the same. Technically, looking at the 1-hour chart. The red zone above is around $ZEC surged then pulled back, with 1355 becoming a key resistance level
On October 2, $ZEC experienced a typical surge and pullback pattern, with the 1355 USD area quickly shifting from intraday support to overhead resistance, becoming a dividing line for bulls and bears.
Market data shows that on the day, ZEC opened at 1335.58 USD, reached a high of 1412.45 USD, dropped to a low of 1271.40 USD, and closed down at 1301.47 USD, a decline of 2.57%, but with a volatility as high as 10.56%. The long upper shadow with increased volume clearly indicates heavy selling pressure above 1355.
From a technical perspective, 1355 is exactly at the intersection of a previous dense trading zone and a descending trendline. Price attempts to break above this level were repeatedly rejected, failing to hold, leaving long upper shadows. This officially turned 1355 from a support level into a resistance level. In the short term, as long as bulls cannot reclaim 1355 with volume, the upside rebound space will be significantly suppressed, and the market is likely to remain weak and volatile.
From a trading standpoint, 1355 can be seen as the bull-bear dividing line: if it can hold above and stabilize, the market may retest 1412 and even 1450; if the rebound falters and it falls below again, focus should shift to the support at 1271. Currently, with increased volatility and moderate volume, chasing highs in the short term should be approached cautiously. #ZEC再创本轮新高，逼近1700美元 Capital Mass Exodus! Institutions Abandon Ethereum to Support Bitcoin, Who Can Escape the Leverage Liquidation Storm?
1. Capital Flow Split: Institutions Favor One Over the Other
① Bitcoin ETF sees a single-day net inflow exceeding $100 million, reversing the previous day's outflow trend, showing strong institutional support and clear capital return.
② Ethereum ETF suffers abandonment with nearly $120 million net outflow over three consecutive trading days, severely lacking incremental buying, greatly weakening support.
2. Liquidations and Leverage: Ethereum Takes a Heavy Beating
① Ethereum long liquidations in 24 hours reach $329 million, with forced deleveraging extremely brutal. Long positions remain crowded but powerless to mount a counterattack.
② Bitcoin leverage funds are moderate, but if it continues to stagnate below key resistance levels, squeeze risks could ignite anytime, amplifying short-term volatility.
3. Macro and Ecosystem: Bitter Cold Wind
① Middle East clouds gather, high oil prices intensify stagflation concerns. US Treasury yields remain elevated, firmly suppressing risk asset valuations.
② Ethereum ecosystem suffers heavy blows: validator exits hit a yearly high, L2 projects shut down, staking security incidents shake confidence. Bitcoin dominance soars to 59%, funds cluster for safety.
Core Summary:
Institutions vote with their feet, capital concentrates on Bitcoin. Ethereum faces triple blows of capital outflow, ecosystem pain, and leverage liquidations. Under geopolitical and stagflation shadows, the market is extremely fragile. Abandon one-sided fantasies, strictly control positions, endure the liquidity drought, wait for Bitcoin to stabilize and lead the market, then strike hard again!
$BTC $ETH $HYPE has been showing energy divergence for quite a while, and it can still keep rising? The overall market is probably about to drop. If it's in a downtrend channel, it has already rebounded to the upper edge of the downtrend channel, so the rebound is a shorting opportunity. HYPE's total market cap is 88.9 billion, with a circulating market cap of 22%, nearly 20 billion. The tokens that haven't been unlocked yet currently look like a landmine. I'm not very optimistic about sustained growth going forward. The remaining locked tokens are a landmine. The team unlocks tokens on the 6th of each month, close to 10 million tokens. Early investors + foundation + community pool unlock about 15 million tokens around the 29th of each month.The order book's transaction depth has shrunk ugly, the buy orders are withdrawing faster than anyone else, and all the large pending orders are being pulled away. Although multiple time-frame indicators are heavily oversold now, this is completely disconnected from the price movement; there's not even basic turnover action. This means the main force is playing a low-volume consolidation. Brothers who want to bet on a rebound should think twice. In this kind of exhaustion market, liquidity is the biggest trap. Whoever can't resist reaching out first becomes the fuel for that spike. The system advises everyone to stay on the sidelines, so tie your hands tight. In this market without opposing orders, even glancing more is a loss.
$TAO $RENDER $NEAR 1. The hardest fact: This is real delivery, not like 90% of crypto circle roadmaps that end up as "delays + rephrasing". Studio is one of the few that delivers on time every month: 6/9 release → July alpha (asynchronous multiplayer + 10 templates + Soulslike/Collectathon suite) → 8/12 Beta + Engine v14 (unified SceneNode system, prefab upgraded to first-class object, Agent Nova debuts) → September synchronous multiplayer (4-player competition, lobby, matchmaking, per-match server) → October public release And there is real stuff to play. The official website has launched a Studio game exclusive showcase area, playable directly in the browser: Ricochet Rascals (6-player 3D arena brawl), Arrrpoon, PATCH, Kindred Planet, My Little Marina, Basketball Frenzy, Snowball Battle, Pocket Skatepark. These are not just renderings, but complete playable works. 2. $100 million market cap vs 8 million user base This is the most asymmetric part. The official stock assets are: 8 million users, 25,000 LAND holders, 400 One more thing about $AVGO. If Anthropic really succeeds in IPO in November, $AVGO might be one of the biggest beneficiaries.
$AVGO has provided Anthropic with a 42 billion infrastructure loan, which in turn means Anthropic is the largest customer of $AVGO's core chip design business.
I will continue to dollar-cost average into $AVGO, waiting for Anthropic's successful IPO~Pressure at previous highs caused a plunge, has this BTC rally ended?
$BTC Key conclusions: The non-farm payrolls positive news pushed the price up near previous highs before profit-taking caused a pullback. The daily candle closed with a long upper shadow, which is a normal consolidation after a big rally, not a trend reversal; the mid-term interest rate cut expectation support remains intact, and the short-term has entered a consolidation phase to digest selling pressure. After digestion, there is still momentum for an upward move.
Technical analysis breakdown
1. Candlestick pattern
Yesterday, stimulated by the non-farm payrolls positive news, the price surged to 87238, precisely touching the previous high at 87399 before quickly falling back. The daily candle closed with a long upper shadow bullish candle, indicating concentrated profit-taking pressure near previous highs. The short-term trend shifted from a one-sided rally to a consolidation phase. The price retraced to around 84600, returning to the previous breakout platform area, which is a technical pullback confirmation after the rally.
2. Indicator signals
SKDJ maintains a bullish pattern after a low-level golden cross (K=45.8, D=44.2), the mid-term bullish structure remains intact, but the K value is turning and slowing down, indicating short-term upward momentum is temporarily weakening; the J value of KDJ has fallen from the overbought zone and is in a healthy recovery state, with no death cross breakdown signal yet, suggesting the adjustment is benign.
3. Volume characteristics
During the pullback, volume shrank synchronously, not a volume spike sell-off, mainly profit-taking from existing positions. The 84000 platform below has decent support, with no signs of large-scale capital exit.
Key price levels
• Short-term resistance: 86000 round number (first resistance level on rebound)
• Strong resistance: 87399 (previous high this round, must hold with volume to open new rally space)
• Short-term support: 84000 (previous breakout platform, key pullback support)
• Strong support: 82000 (mid-term adjustment lifeline, breaking this breaks the strong bullish structure)
⚠️Virtual currencies are not legally protected domestically; market information is for sharing only and does not constitute investment advice Here’s a cleaner, more polished version:
PUMP Short Thesis
$PUMP | The downside thesis remains intact.
PUMP is a highly volatile asset within the Solana ecosystem, with price action closely tied to meme-coin sentiment. When overall market liquidity tightens and the on-chain new-coin hype fades, these high-beta assets can face significantly stronger selling pressure than more established coins.
Based on this setup, I entered a short position.
#DailyOrbit #BTC、ETH spot ETFs simultaneously see outflows, cooling capital heat
The market trend has quietly changed.
After nearly $3.1 billion in cumulative net inflows over 9 consecutive trading days, the Bitcoin spot ETF has reached a turning point, starting from September 30 with two consecutive days of net outflows totaling about $173 million. On the other hand, the Ethereum spot ETF has experienced capital flight for 3 consecutive days, with a single-day net outflow of $55.4 million on October 1 alone.
Previously, BTC and ETH capital flows diverged, but now they have evolved into simultaneous outflows, which is a signal worth paying attention to. Multiple capital indicators are collectively weakening, and market heat is clearly cooling.
Coinbase's report confirms this situation: BTC's recent profit-taking scale has surged to a yearly high, and bullish spot buying momentum has slowed.
When the capital tide recedes, the market loses the continuous driving force. Early profit-taking exits, ETF funds no longer continuously entering, and the market is prone to enter a consolidation and digestion phase. With macro-level disturbances combined with on-site capital realization, market volatility is likely to increase significantly next. In terms of operations, avoid chasing highs.Altcoins performed well in September, but a "significant rally" depends on specific data.
The Altcoin Season Index is currently between 60 and 64, higher than August's 39, but still short of the 75 needed to confirm a full altcoin season.
Capital rotation is selective, focusing on projects with revenue and real use cases, not all altcoins rising together.$BTC Damn it! Looking at this chart of Bitcoin is raising my blood pressure. At the 84677 level, the market is as quiet as a graveyard, with just a few manipulative traders playing wash trades to shake out weak hands. The funds are being forcibly pushed up without volume support, all just fake momentum; this kind of rally is just setting you up to get trapped.
I don't care what the outside hype says, the candlesticks speak for themselves. The selling pressure above 84,000 is visible to the naked eye, with each upper shadow longer than the last; the manipulative traders' scythe is already raised overhead. At this level, I’m going short, with a stop loss at 85200; if it breaks the previous high, I’ll admit defeat and exit.
If you want to follow, don’t go heavy. This kind of market is about quick in and out to take a bite and run. Anyway, I’ve made my move, you guys decide for yourselves. 👇👇👇
This content is only my personal review and does not constitute investment advice. Control your position size and always use stop loss.$BTC
First, let's review yesterday's strategy: bottom-fishing around 83000, holding until taking profit in the 86500 to 87000 range, with 20x leverage. This round of cross-border National Day travel expenses for friends in the circle is all set, even the second half of the year is worry-free.
No more nonsense, let's look at today's daytime market analysis.
Honestly, if yesterday's non-farm payroll data hadn't been disappointing, it might have surged to 90000.
Today's entry: around 84000 plus or minus 400 points:
Take profit range: 85000–85300.
Stop loss: 83500
Resistance: 85600The tug-of-war at the $85,000 mark, are you on board?
BTC morning quote at $84,900, once again hovering around the $85,000 threshold. This feeling of "just missing the mark" is more frustrating than a crash. The Fear and Greed Index has dropped from 72 yesterday to 67, still in the greed zone, but market sentiment is clearly cooling down.
Yesterday, the US spot Bitcoin ETF saw a net inflow of about $102.7 million, with BlackRock's IBIT contributing $195.6 million alone, but Fidelity's FBTC and Grayscale's GBTC had outflows of $60.7 million and $31.4 million respectively. The concentration of funds is too high, relying on BlackRock alone to support the market, which is not a sign of a full recovery.
On-chain data: The amount of stablecoins whales transferred to Binance within 30 days increased from $21.7 billion to $30.5 billion. Large funds are clearly "loading up," while retail wallets remain almost untouched. The 30-day change rate for small investors dropped directly from 17% to -3.5%. Whales are buying, retail investors are lying flat; historically, this kind of divergence often signals an upcoming market shift.
US employment data was weak, which should have been positive for risk assets, but Iran's military actions in the Strait of Hormuz quickly reversed market sentiment. BTC was pushed back from the $87,000 high, with a single-day market cap fluctuation as high as $50 billion.
Personal view: $85,000 is the current dividing line between bulls and bears. Whether ETF funds can continue to flow in and whether trading volume can keep up is much more useful to watch than just the candlesticks. Don't get carried away by the "Uptober" sentiment; managing your position size is more important than anything. $BTC $ETH $XAUT BTC and ETH spot ETFs are simultaneously turning to outflows. What the market truly needs to be wary of is not the daily capital fluctuations, but the marginal enthusiasm of institutional funds cooling down.
Spot ETFs have been a very important source of incremental funds in this round of crypto market rally. When BTC and ETH ETFs both show net outflows, it means that funds entering the crypto market through traditional financial channels have temporarily slowed down, and short-term risk appetite will also be somewhat suppressed.
However, ETF outflows themselves do not immediately mean the market will turn bearish. The more critical factor is how long the outflows last and how prices react to the capital changes.
If the outflows are only single-day or short-term, and BTC prices can still maintain high-level oscillation, it indicates that internal market support still exists, and some funds may just be rebalancing or taking profits.
What really requires caution is continuous ETF outflows, BTC breaking key support levels, ETH weakening further relative to BTC, while trading volume and contract leverage do not show obvious declines. This combination suggests that fund withdrawals and leverage clearing may resonate, significantly amplifying market volatility.
From the perspective of capital transmission, the current sequence worth paying attention to is: changes in ETF net inflows → US Treasury yields and the US dollar → BTC spot support → ETH/BTC strength → altcoin risk appetite.
If ETFs resume net inflows, and BTC stops falling and breaks out with volume, it indicates institutional funds are flowing back, and market sentiment has a chance to heat up again; if ETFs continue to outflow, BTC rebounds with low volume, and ETH continues to underperform BTC, then it is necessary to reduce chasing positions Oil tanker in Hormuz attacked again, $ETH only rises 0.33% after the event
The Middle East is heating up again, $ETH only rose 0.33% — I am still bullish, laying out the logic.
The oil tanker was hit by a projectile on the port side in the Strait of Hormuz, crew safe. According to the script, the Middle East heats up, oil prices rise, inflation expectations increase, risk assets get hit, but the market only moved from 2668.9 to 2677.65 (+0.33%), 24h down only -1.5%, the lower boundary at 2650 remains intact.
First, the daily RSI is 58.8, slightly strong but not overbought.
Second, 30d is still +6.79%, fear and greed index at 67, sentiment not collapsed.
Third, OI compared to archive is -0.01%, leverage unchanged, no crowded longs.
BTC 84605.32 still stands above the daily ma7 at 84180.38.
Resistance above: 2708 (1h SAR has flipped above)
Support below: 2581 (daily MA30, if broken I admit I'm wrong)
In an offensive phase but breadth only 33/61, light positions and stagger entries to avoid getting headstrong. Above 2650 I am bullish to 2708: enter directly at current price 2677.88, stop loss if it breaks 2581, hold if it doesn't break to reach 2708.
Like and follow, I will alert you immediately if it breaks.
$ETH $BTC#美国9月非农仅增2.9万，失业率升至4.2%
The US September nonfarm payroll data is really outrageous, with an increase of only 29,000, far below market expectations. The unemployment rate also rose to 4.2%. The data for the previous two months was revised downward, wage growth slowed, and the labor market clearly cooled down.
Normally, with such data, the market would bet on a rate cut, and BTC surged to 87238. However, the market was very dramatic; after the spike, it couldn't hold, and within a few hours, all the gains were lost, eventually closing lower.
Many people's first reaction was positive, but the market did not continue to buy in.
The poor data is a fact, but some have started to worry about the risk of economic weakening and rising risk aversion, leading to the phenomenon of "good news being immediately priced in."
Next, the focus will be on the Federal Reserve's stance. With such disappointing data, the signals from future monetary policy will be especially critical. Market volatility is expected to be significant, so it's better to remain cautious with positions. #美国9月非农仅增2.9万，失业率升至4.2%
In September, the U.S. nonfarm payrolls increased by only 29,000, far below the market expectation of 85,000; the unemployment rate rose to 4.2%. Employment data for the previous two months were also significantly revised downward, and wage growth noticeably slowed. Looking at this data alone, the labor market cooling signals are fully evident, and the market instinctively bets on a rising expectation of Federal Reserve rate cuts.
The market's first reaction was also very direct: BTC surged sharply in the short term, once touching 87,238. But dramatically, the bullish momentum did not last; within just a few hours, all gains were given back, and the price actually closed lower.
Many people wonder: with such poor data, why didn't the coin continue to rally?
The core logic has two layers:
1. The dual nature of poor data: rapid weakening employment on one hand means the Fed has room to cut rates; on the other hand, the market begins to price in the "risk of a hard economic landing." Once recession expectations outweigh the benefits of rate cuts, risk assets will be sold off simultaneously.
2. Profit-taking on good news realization: before the nonfarm data release, the market had already positioned for weaker employment. The news release is a "buy the rumor, sell the fact" scenario, with short-term bulls exiting on the rally, and selling pressure pushing the price back to its original level.
This BTC surge and retreat is a very typical test of macro data. The short-term market is no longer simply "bad data = coin rise"; funds are starting to weigh the forces of recession and rate cuts. Going forward, the focus will be on Federal Reserve officials' speeches to see if policy tone shifts because of this nonfarm report.The unemployment rate rose to 4.2%, with non-farm payrolls increasing by only 29,000, far below the expected 90,000.
After the data release, #BTC briefly surged to 87,250, then fell back to around 84,600.
This round of gains was mainly driven by spot trading, with the annualized funding rate for perpetual contracts only at 5.4%, indicating low leverage participation.Last night's market rally was driven by the non-farm payroll data. The US added only 29,000 jobs in September, far below the expected 90,000, with the unemployment rate dropping to 4.2%. The Fed's October rate hike bets plummeted to around 15%. The Nasdaq followed suit, hitting a new all-time high, BTC surged to 87,238, then pulled back by over 2,600, now resting around 84,663. 24-hour change +1.35%, low at 83,884. Interestingly, the funding rates turned negative for BTC, meaning longs are unwilling to pay interest, indicating no one dares to catch the knife on this rally. SOL's funding rate also turned negative, while ETH's is slightly positive. Today, we are watching two things: whether BTC can reclaim 85,000 and hold it before attempting 87,000; and on the macro side, the October CPI and December rate hike bets are the real behind-the-scenes factors. By the way, based on my previous sample statistics when funding rates turned negative, it tends to indicate weak consolidation rather than a bottoming signal. Do you think 85,000 can hold today? The ETH one-hour structure is already very clear: moving averages are in a bearish alignment, MACD has a bearish crossover downward, and the price is repeatedly grinding along the lower edge of the descending trendline. The current price around 2679 shows no decent rebound; active buying cannot withstand the selling pressure.
I waited for the red light for a few seconds to pull up the liquidation chart for a quick glance, putting the phone order prompt aside first. There is a large accumulation of short liquidation chips between 2700 and 2760 on the upper side of the market, but this is not a reason to go long because the active buying volume is too weak and the selling pressure below is even heavier. The market now looks more like it will first sweep liquidity downward, forcing shorts to cover at low levels or continue to probe lower for real support.
Therefore, only short on rebounds, do not chase shorts. Entry range is set between 2688 and 2715 for staggered shorts, with a stop loss at 2762, first take profit at 2645, and second take profit at 2608. If the one-hour candle closes back above 2760 with volume, the bearish structure is broken, exit immediately.
$ETH
#财报观察员：美光上调指引，存储需求继续走强
@OKX星球 Bitcoin is now around 85,000-86,000. That voice in your head comes again: "It dropped from 87,200 to 85,000, is it time to buy the dip?"
First, answer four questions:
1. Whales sold 30,000 BTC in the past week. Have they finished unloading? A $2.52 billion reduction can't be done in one day. Pumping the price up is their best chance to sell. Standing at 85,000, you’re betting they won’t keep selling. But on-chain data tells you they are.
2. The inflow speed of ETFs is slowing down. Last week it was 3.2 billion, this week only 123 million. If ETF inflows continue to slow, who will absorb the whales’ selling pressure?
3. US Treasury yields fluctuate between 5.18% and 5.34%. As long as oil prices stay above $100, inflation pressure remains. The "pullback" in yields is only temporary, not a trend. Bitcoin’s rebound depends precisely on this window of yield pullback.
4. Which will come first, 88,442 or 80,616? On the upside, 1.242 billion shorts are waiting to be liquidated. On the downside, 200,700 longs are waiting to be liquidated. The liquidation intensity downward is 61% higher than upward. Shorts have already been liquidated once, so the fuel is decreasing. $BTC $ETH $ZEC #美国9月非农仅增2.9万，失业率升至4.2% #BTC、ETH现货ETF同步转流出，资金热度降温 #美债收益率频创新高，长期利率压力未缓解 📊 October 2nd
The first wave of manual chasing orders has been completed, currently holding 1/8 of the total planned position.
There are 2 more waves of manual chasing orders left. The next 2 waves forecast:
If the market is equal to or better than now, the second wave of chasing orders may be executed from Sunday to Monday, doubling the position.
After the second wave of manual chasing orders is completed, if the market is stronger (equal to or better than a steady upward trend) for about a week, the third wave of manual chasing orders will be executed, doubling the position again.
At present, I think the recent adjustment shows a relatively strong performance in the crypto market.
Previously mentioned $BTC 90000-93650 range might not even be able to stop it.
The market is ever-changing. Specifically, follow the actual movement at that time.
Reminder: I still hold that the extreme low could possibly return to around 71600.
If you want to go long during this adjustment period or at any time later, make sure your liquidation price is definitely below 71600.
Note, I am not saying to bottom fish at 71600, but to prevent it from spiking down to 71600 and liquidating your position.
Don't open orders for this reason, but be prepared for it!
$ETH $ZEC
#美国9月非农仅增2.9万，失业率升至4.2% Don't blindly believe in the October rally curse. When incremental funds exit, no historical pattern works! Many have heard the so-called October rally theory and naturally expect the crypto market to surge in this month. But never blindly trust such historical curses. Past gains don't guarantee a repeat this year. Ultimately, market rallies depend on real incremental capital inflows, not on the month or legends. Look at the current data: $BTC and $ETH ETFs have consecutively turned into outflows, and even the recently booming $ZEC ETF has seen large redemptions. Institutions are cashing out at highs, and incremental funds are slowly withdrawing. When funds are unwilling to rush in, relying on old stories and history alone can't sustain a prolonged bull market. History can only serve as a reference, not as a basis for trading decisions. If you stubbornly hold the idea that "October must rise" and heavily invest, you risk being harshly slapped by reality. Of course, this doesn't mean October will definitely crash; just don't comfort yourself with old patterns anymore. Focus on ETF fund flows and key price levels. When funds return, the market gains confidence; if funds keep flowing out, no matter how appealing the historical tales are, they won't work. Be even more cautious with altcoins; without incremental support, their pullbacks can be very rapid. #美国9月非农仅增2.9万，失业率升至4.2% #BTC、ETH现货ETF同步转流出，资金热度降温 #美债收益率频创新高，长期利率压力未缓解 The employment report was far below expectations, causing rate hike bets to be quickly withdrawn. US Treasury yields plunged, the dollar weakened, Bitcoin surged directly to 86565, and Ethereum to 2745. The stock market also benefited, with the Nasdaq, S&P, and Dow all rising, the VIX fear index falling back to 15.55, and risk appetite increasing. However, on the other hand, oil and copper prices are telling a story of cooling demand: on the same trading day, stocks and bonds are trading as if easing is expected, while commodities are trading as if a recession is coming. Crypto is currently aligned with stocks and bonds, essentially reflecting a repricing of liquidity expectations rather than a real improvement in demand. Participation in the rebound is possible, but it should be clear that the gains come from easing; once the divergence between commodities and stocks/bonds converges, those chasing highs will be the first to exit. $BTC $ETHThe nonfarm payrolls released showed only 29,000 jobs added, far below the market expectation of 90,000. The August jobs figure was also revised down from 162,000 to 133,000, indicating that there will likely be no rate hike in the near term. $BTC also dipped below 87,000 and then returned to the 84,000 support level.
Personal view: The upward channel has not been broken yet. If 84,000 holds on Monday, the outlook remains bullish After breaking below the rainbow chart in 2022, #BTC stayed in the bottom area for quite a long time, only showing a clear rebound at the beginning of 2023.
The rebound in 2020 came faster.
"Breaking below" is a signal of a deep value area, not an exact bottom signal.
It tells you that the price has entered a historical sell-off range but does not guarantee that a rebound will come quickly.$XPL has dropped to the current level, and the most common misconception is: the more it falls, the cheaper it must be.
I first look at the position, not guessing the direction. The current price is 0.09361, about 4.68% away from the 1-hour support at 0.08923, and about 10.63% away from the resistance at 0.10356. Looking at the distances on both sides together is closer to the real risk than just focusing on a single rising or falling candlestick.
Both the 1-hour and 4-hour charts are weak, with RSI at 26 and 54 respectively. Oversold conditions can explain the demand for a rebound but cannot alone prove a trend reversal; price first stopping making new lows is more convincing than any statement like "it can't fall further."
There are only two conditions that would make me change my judgment. My observation line is very clear: only if it stands back above and holds 0.10356 can the short-term initiative be considered regained; if it breaks below 0.08923, then attention should shift to the 4-hour support at 0.08923. If the upper side continues to be pressured, the 4-hour resistance at 0.10356 is temporarily just a distant reference, not a preset target.
This is not looking for reasons after the fact: in the next round, I will continue to verify 0.10356 and 0.08923, recording when conditions are met and reviewing when they fail.
Will you treat oversold as a rebound signal, or wait to acknowledge a turning point only after the structure stops falling?
The market is volatile; the above is only a market observation and does not constitute investment advice. This is from Coin Circle Bull.The fifth truth: The long-short liquidation map tells you that going down is much easier than going up
Look at the liquidation data, this is the most brutal part.
Coinglass's liquidation map shows: if BTC falls below 80,616 USD, the cumulative long liquidation intensity on major CEXs will reach 2.007 billion USD. If BTC breaks above 88,442 USD, the cumulative short liquidation intensity will be 1.242 billion USD.
The bulls' death line (80,616) is closer to the current price than the bears' trigger point (88,442).
What does this mean?
To push up, it requires eating through 1.242 billion USD of short liquidations to reach 88,442. To push down, it only needs to push the price below 80,616, and 2 billion USD of longs will be automatically liquidated.
In the logic of the leveraged market, hunters always choose the direction with the lower cost. This time, the cost of going down is nearly 40% lower than going up.
More importantly: after this 120 million USD short liquidation, the fuel for shorts is decreasing. From 85,000 to 87,200, shorts have already been cleared once. To rise further to 88,442, what is needed is real spot buying, not shorts being forced to buy back. $BTC $ETH $SOL #美国9月非农仅增2.9万，失业率升至4.2% #BTC、ETH现货ETF同步转流出，资金热度降温 #美债收益率频创新高，长期利率压力未缓解 This time, Aave is not simply establishing a foundation, but is "laying the groundwork" for the protocol's intellectual property and long-term governance structure.
On October 3rd, Aave Labs submitted the ARFC proposal to establish a memberless Aave Foundation in the Cayman Islands, primarily responsible for holding, protecting, and licensing the Aave trademark, main domain names, protocol code, and related intellectual property.
The first phase is not about transferring all these assets directly, but only completing the foundation registration and appointing independent directors, supervisors, and a secretary. Subsequent transfers involving trademarks, domains, and code IP will require separate DAO governance reviews.
What is most noteworthy here is that Aave clearly emphasizes that the "foundation is independent of the DAO service system." Aave Labs and DAO service providers cannot serve as or appoint directors or supervisors, and the foundation will not take over the protocol's core governance rights. Matters such as token listing, parameter adjustments, budget, and service provider selection will still be decided by the DAO.
In other words, this adjustment is more like a "separation of asset and governance layers."
Why do this?
My understanding is that as the Aave protocol grows larger, relying on a single entity to manage core IP such as trademarks, domains, and code long-term poses certain risks in legal, compliance, intellectual property, and governance continuity aspects. Establishing a relatively independent legal entity can provide a clearer holder and protector for these core assets.
Moreover, no ongoing budget has been set this time, DAO Ethereum box reference, 2600-2800.
You can start gradually going long at 2620-2660, and gradually short at 2740-2780. Be cautious with light positions, prioritize stability. Today heading to Sanya for vacation, all orders are pending to be filled, you can refer to the recent operation records, fully transparent throughout.A regulatory clearance: The U.S. SEC has approved 3x leveraged Bitcoin, Ethereum, gold, silver, crude oil, and natural gas ETPs under the Securities Act of 1933. The related documents show that the approval is for the rule change application to list and trade these six products on the Cboe BZX Exchange, which is a significant positive for the issuer Volatility Shares.
The real weight of this lies in the details of "3x leverage" and "crude oil, natural gas."
Crypto assets obtaining 3x leveraged products means they are increasingly seen by regulators as "normal tradable assets"—because leveraged ETPs are a product category that requires serious risk assessment, and approval itself is a form of "categorical recognition."
And the fact that crude oil, natural gas, and crypto are included in the same batch of approvals feels like a meaningful parallel: on this regulatory path, BTC is now standing alongside traditional commodities in the same tier.
But for ordinary investors, a risk reminder must be attached here:
"3x leverage" means that for every 1% move in the underlying, the product’s net asset value fluctuates about 3%; moreover, leveraged products suffer from "daily rebalancing" losses—holding long term will erode value due to volatility itself.
Therefore, these products are tools for short-term traders, not "Bitcoin substitutes for long-term allocation."
Compliance is now open, and the tools are more usable, but the sharper the tool, the higher the cost of misuse.$ZEC ZEC's recent heat is starting to cool down, with its spot ETF seeing large withdrawals, a single-day net outflow of $26.93 million.
Previously, the privacy coin rally was largely driven by ETF funds entering the market, with institutions pouring real money in, forcibly pushing ZEC's price up. Now, with large-scale redemptions occurring, it means some institutions have made profits and chosen to cash out and exit.
It should be noted that although the single-day outflow is significant, the historical cumulative net inflow is still $213 million, so not all funds have fled, just short-term capital realizing profits.
This round of privacy coin activity was essentially speculative hype; the rise was fierce, and the retreat is equally rapid. Now that ETF funds are starting to flow out, the driving force behind this rally is weakening.
Considering the current overall environment, $BTC and $ETH ETFs are also experiencing simultaneous outflows, reducing the overall incremental market funds. Under such circumstances, speculative altcoins tend to experience sharper corrections than the major coins.
Don't assume that after a surge, the rally will continue indefinitely. The inflow and outflow of ETF funds is a very direct signal to observe institutional sentiment. When playing altcoins, stay clear-headed; speculative rallies come fast and exit mercilessly.
#美国9月非农仅增2.9万，失业率升至4.2% #BTC、ETH现货ETF同步转流出，资金热度降温 #交易之声：你的经验值得被听到 Here’s a cleaner, more natural version:
Writing
$SNDK
SanDisk, the king of storage. 👑
The recent performance hasn’t been particularly strong, but good things take time.
On the daily chart, 1878 has acted as a clear resistance level multiple times, while 1693 has repeatedly provided support and triggered rebounds. That creates a roughly 10% range between the key levels, making the current structure worth watching.
#DailyOrbit The truly valuable assets to hold long-term are those things that, ten years from now, people who are richer, smarter, and more knowledgeable than you will still want to buy from you. $BTC Here’s a cleaner, sharper version for posting:
ZEC Short Plan
$ZEC Short at 1387 — Bulls Are Celebrating, I’m Waiting for the Wind at the Summit.
Family, I’m shorting ZEC at 1387. This is not a call—just my personal trading plan.
Bearish thesis:
Overheated sentiment: The privacy narrative is already heavily priced in. Funding has turned positive, bulls are crowded, and FOMO is pushing more buyers in.
#DailyOrbit Ethereum is currently around $2700, having rebounded about 57% in Q3, making it one of the strongest performers among major crypto assets. The subsequent trend can be observed as "short to mid-term looking at range breakout, year-end focusing on upgrades and ETF funds."
Short term: First, see if it can hold steady between $2700–$2807
Key resistance above: Around $2807. If it breaks out with volume, the next target will be $3000–$3200.
Short-term pressure zone: The 200-day moving average near $2140 has recently been broken, indicating strengthening short-term momentum.
Support zone below: $2560–$2600 is the first support; if broken, then look at $2400–$2450.
Mid term: Mainstream expectations by year-end focus on $3000–$4200
Three things to watch going forward:
Glamsterdam upgrade rollout pace
This is an important technical catalyst affecting ETH valuation in 2026, but there have been prior expectations of delays; need to see if it truly advances in Q4.
Spot ETH ETF fund flows
If weekly net inflows resume and continue, price is more likely to break upward; if net outflows occur again, the rebound may be limited.
Macro liquidity
A weaker dollar and cooling rate hike expectations are generally positive for crypto assets; if inflation or rate expectations rebound, ETH may come under pressure again."Uptober officially started" was already said on October 1st.
At that time, #BTC was around 86,357, and traders on Kalshi priced the probability of reaching 90,000 this month at 56%, and about 72% for reaching 87,500.
But whether the breakout holds depends on what level it can maintain.
Currently, the price is fluctuating between 83,000 and 85,000, and the resistance at 87,000 was rejected once at the end of September.It has been said many times: holding onto long positions is wrong, and holding onto short positions is even more wrong. With this level of intelligence, if you can make money in this market, it would truly be a miracle.
Why is "holding onto a position right or wrong" wrong? Because the essence of holding a position is risking unlimited losses for extremely limited profits.
First, holding onto a position is a form of self-deception driven by wishful thinking. If you stubbornly refuse to cut losses, even if the market kindly turns in your favor this time and you even make a small profit, so what? This only injects poison into your brain. It reinforces your bad habit of "not setting stop losses and ignoring discipline," making you mistakenly believe that "as long as you hold on, the market will always turn back." This is a toxic reward. The next time, or the time after that, if you encounter a one-sided extreme market move, you will lose both principal and profit.
Second, the core of trading is the risk-reward ratio. People who hold positions tend to "take small profits quickly but stubbornly hold onto losses." You might recover once and make a few dozen dollars, but for this one lucky break, you are risking liquidation and total loss. Holding against the trend is even more foolish, as it risks unlimited upside losses for at most 100% downside gain—this is an extremely stupid losing trade.
The scariest thing in trading is handing over control to the market. Holding onto a position means you give up the only lifeline—stop loss—and your account’s fate depends entirely on the whims of market manipulators. True trading experts admit mistakes decisively and exit to seek the next opportunity; when right, they hold firmly to let profits run.
Stubbornly holding on is a slow form of suicide. It will lead you further down the wrong path until there is no return. If you don’t quit this bad habit of holding onto positions, you will never become a force to be reckoned with.