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A single short position of 38,000 $ZEC is carrying more than $35 million in unrealized losses, and the entire market can watch it bleed in real time. That is the strange new condition of on-chain transparency: a whale's pain is no longer private. It is a public coordinate, and coordinates attract price. The mechanics sit on Hyperliquid, where the largest $ZEC liquidation wall clusters near $1,550, holding roughly $20.4 million of short liquidity. Neighboring walls are less than a quarter of thatSeptember 23 $SNDK Market Analysis: Daily chart further breaks through, the 2000 level may be challenged again!
Yesterday, Sandisk's analysis was that after the evening opening, it might hit 1865-1880 before pulling back. We also opened short positions and took profits. Fortunately, we closed at the previous high of 1840; it rebounded after hitting the previous high. This time, the trader Di Zi really acted like a pro 🤡
Back to the current daily chart, yesterday's close has already surpassed the previous equal highs, which is the primary factor for a breakout. However, last night it was still suppressed by orders on the left side and pulled back. If this level is broken through later, the daily resistance at 2070-2120 will be in sight, so Di Zi's next move is worth looking forward to.
On the 4-hour chart, pay attention to whether the noon 12 o'clock close forms a bearish top pattern, which could cause a slight pullback during the day. After tonight's opening, watch for a possible rebound within the 1780-1790 range, so the 4-hour chart will retest the midline and rise again. This could also frustrate those who chased longs last night.
Therefore, today it might be necessary to change the strategy to going long, because the daily rhythm has already changed. The 2000 level is worth playing with small stop losses at key positions!Strive CEO: As the US dollar debt crisis erupts, Bitcoin could "rise to infinity"
Strive CEO Matt Cole recently said in an interview: Bitcoin against the US dollar can theoretically rise to "infinity."
Sounds ridiculous, right? But his logic is not that Bitcoin will infinitely appreciate, but that the US dollar may keep depreciating.
US debt keeps growing, and the fiscal deficit persists long-term. If in the end debt is still absorbed by issuing bonds, expanding the balance sheet, and currency devaluation, then the US dollar as a "ruler" itself is constantly shrinking.
On the other hand, the total supply of Bitcoin is only 21 million.
So the question arises:
If the US dollar can keep increasing but Bitcoin cannot be infinitely issued, then is Bitcoin getting more expensive or is the US dollar becoming worthless?
This is also the most controversial part of this statement.
Bitcoin rising to 1 million, 5 million, or even higher does not necessarily mean holders are insanely rich; it may just indicate that fiat purchasing power has been severely diluted.
$BTC #BTC冲高$87000，加密总市值重返3万亿 Many people can't distinguish between spot and futures until the day of liquidation. $BTC surges and consolidates, and futures traders suffer the most—the direction doesn't emerge, and leverage wears down your mindset first; a single spike leads to forced liquidation. Spot is different; it can withstand volatility. As long as what you hold has logic, no matter how long it consolidates, there's no fear. That's why I can keep my perpetual futures empty-handed, but always hold the spot I should. Tools aren't right or wrong; the mistake is using leveraged positions that get liquidated to bet on a direction you can't even clearly define. Are you holding a position now, or just a gamble?$BTC volume contraction topping at 87K meets supply, will there be a pullback before the 9/25 options? BTC 86,570 (+1.24%), ETH 2,766 (+1.28%), total market cap 2.95T. ETF single-day inflow 999 million, shorts liquidations account for 80%. Conclusion first: short-term pullback probability is higher than a direct surge to 90K, mid-to-long term bullish structure remains unchanged. Holding above 87,400 targets 90K; breaking below 85,100 means demand exhaustion, expect a pullback first. Volume contraction breakout meets supply, main players are setting short positions at 87K. Will 87,400 hold? Brothers, which side are you on? #BTC冲高$87000，加密总市值重返3万亿 #美伊3小时会谈释放积极信号？
Behind the positive signals, the negotiation framework is highly asymmetrical.
The core objective is to convey the conditions for reopening the Strait of Hormuz:
The U.S. must immediately lift the maritime blockade, unfreeze all Iranian assets, and end wars on all regional fronts.
A senior Iranian official stated that if the U.S. lifts the blockade, Iran can reopen the strait within 7 days.
The U.S. stance is equally complex. On the day of the UN General Assembly opening, Trump first claimed he could quickly "destroy" Iran, then later said he did not rule out reaching an agreement after the midterm elections in November, directly linking Iran's negotiation willingness to the domestic political schedule.Federal Reserve officials are making intensive statements: How much longer will rate hikes last? Combined with the central bank's statement yesterday, there is an interesting contradiction in this round of market trends.
On September 16, the Federal Reserve raised interest rates by 25 basis points to 3.75%–4%, while also stating that inflation remains elevated; Recently, officials like Moussalem have continued to signal that further tightening may be necessary. Moussalem even believes that if tightening is not done further, the risk of inflation significantly exceeding the 2% target in the next 18 months is greater.
So now, what the market is really trading is no longer about "whether to raise rates in September," but where the end of this round of rate hikes will end and how long high rates will last.
If inflation continues to exceed target and the Fed continues to raise rates or extend the period of high interest rates, the dollar and Treasury yields may continue to put pressure on BTC, gold, and overvalued tech stocks; Conversely, if economic data starts to cool significantly and inflation falls in tandem, the market may trade for an early "end of rate hikes," easing liquidity pressure on risk assets.
Interestingly, BTC has not weakened directly due to the Fed's hawkish stance; instead, it has rebounded to previous highs. This indicates that other forces are currently supporting the BTC market, including global risk appetite, institutional funds, and short covering.
Let's look at the People's Bank of China's statement yesterday.
On September 22, the People's Bank of China reiterated that conducting virtual currency-related business domestically constitutes illegal financial activities, and clearly stated that without legal and regulatory approval, RMB-linked stablecoins cannot be issued abroad.
At the same time, the People's Bank of China made this clear at the symposium with foreign financial institutionsI'm impressed, ZEC.
It first surged to 1598, then suddenly dropped to 1442. I almost thought the bears were about to turn the tide and was ready to place orders at 1300. But it just brushed 1442 and bounced straight back to 1550, reclaiming over a hundred dollars on the spot. This isn't a drop, it's pure baiting; with a slight shake of the line, all the shorts got caught.
Recently, those shorting it have been scared off, from 1130–1150 up to around 1500, more than thirty points. Every time it retraced, someone bought in, then it kept pushing up, like there's a magnet at the bottom. BTC is back above 86000, and the major altcoins are taking turns to rally.
ZEC is now at 1600; if it can hold steady, 1800 is worth a look, but don't get overexcited. Shorts are temporarily scared off; short if you want.
$ZEC $ETH $BTC
#BTC冲高$87000，加密总市值重返3万亿 #ZEC巨鲸3.8万枚空单平仓，亏损超3500万美元 $UNI current price 10.75, 24h surge of 18.38%, trading volume 225.5M USDT, funding rate +0.0226%, fear and greed index at 71, in the greed zone. MA5=10.5422 crosses above MA20=9.53585, MACD histogram +0.1571 maintaining bullish momentum, but RSI has soared to 77.0, price 10.75 closely hugging the upper Bollinger band at 10.8787, 30 K-line amplitude about 21%, clear short-term overheating signal.
From the funding perspective, a positive rate of 0.0226% means longs must continuously pay to hold positions; if the price stagnates, long costs will accumulate quickly, easily triggering long position reductions or even cascading liquidations, with spike risk concentrated near the 10.88 upper band. However, the trend structure remains intact, MA5 is still short-term support, and bears pressing against the trend here is not cost-effective; more likely is a high-level turnover before setting direction. Currently, funds still lean bullish, but the cost-effectiveness of chasing highs is decreasing.
Operationally, the preference is to buy on dips rather than chase highs: entry reference 10.30–10.55, corresponding to MA5 support and breakout retest zone; take profit 1 at 10.88 (upper Bollinger band, first touch likely resistance), take profit 2 at 11.50 (measured extension after breaking upper band); stop loss at 9.95 (breaking below MA5 and losing the 10 whole number level, weakening the bullish logic).On September 23, UNI hit $10.85, reaching a new high since "1011." It rose 18% in 24 hours, climbing from 2.31 to 10.8 in three months, an increase of over 360%.
The comment section has already split.
Some are shouting "to 20," while others quietly placed sell orders. An address withdrew 1 million UNI from Coinbase two hours ago at an average price of 10.07—not selling, but taking it away.
On the same day, whale sell pressure data surged to 71%, with buy pressure only 20%.
Big funds are accumulating, large holders are exiting, and retail investors are chasing.
This is not a contradiction. These are three types of people with three completely different strategies.
Short-term traders (1-7 days): Don’t chase. Entering now means you’re handing your position to the whales.
RSI has already surged to 84.36. The textbook says 70 is overbought; what does 84 mean? When UNI surged to $45 in 2021, the daily RSI was at a similar level.
Funding rate is -1%, long-short ratio 0.56x, long squeeze probability 25%. Translation: too many longs, too few shorts; perpetual contracts are using longs’ money to subsidize shorts. If the price consolidates for more than two days, longs will start a stampede themselves.
Strategy:
Do not enter at the current price. Those who FOMO in will likely cut losses at the first pullback 90% of the time.
Wait for a pullback to the 8.80-9.00 range (near EMA7). Look for two signals: volume contraction + a lower shadow candle. Only consider a light position if both conditions are met.
Stop loss: 8.20. If broken, exit immediately, no explanation.
Target: sell half at 10.50, set take profit for the rest at 11.80.
Short sellers shouldn’t celebrate too early either. Open interest is increasing but without new buying support; this divergence can go either way, so shorting is also a gamble before direction emerges.
Swing traders (2-6 weeks): Keep a close eye on September 29. This day will decide if UNI falls back to 8 or pushes to 15.
Robinhood Wallet has provided 90 days of Gas subsidies since mainnet launch, enabling "zero-cost" free trading to boost volume. The subsidy is expected to expire around September 29.
This is not trivial.
Uniswap accounts for 77%-98% of trading volume on Robinhood Chain, with half of protocol revenue coming from this chain. The free Gas created a false sense of prosperity.
How much will volume drop once subsidies end? No one knows.
If volume drops less than 30% → it indicates real demand, and UNI is likely to hold above 10. Enter after daily close above 10.00, target 12-14.
If volume crashes → UNI will return to the 5.8-6.5 range, which is the real value buy zone.
Key verification data: daily burn volume on Robinhood Chain from Dune. August peak single-day burn was 178,000 UNI, worth over $1.11 million, with Robinhood Chain contributing over 80%. If after September 29 this number falls below 50,000, it means the flywheel has stalled.
The essence of swing trading is not prediction but waiting for signals. Better to miss the first wave than to bet during maximum uncertainty.
Long-term holders (6 months+): You’re not buying a coin, you’re buying a money-printing machine in motion.
Let’s clarify this.
UNI had zero cash flow from 2020 to 2025. Uniswap processes trillions in volume annually; all fees go to LPs, and UNI holders get nothing. This is why it fell from 45 to 2.31.
In December 2025, the fee switch will pass, and on July 27, 2026, it will officially activate on v4. Protocol daily revenue will jump from $118,000 to $318,000, a 2.7x increase. Robinhood Chain alone contributes $168,000 daily, half of the entire network.
This money doesn’t go to Labs’ accounts. It goes to TokenJar. To take it out, UNI must be burned first.
On September 4, 184,000 UNI were burned in a single day, worth over $1.15 million—the protocol’s first million-dollar-level burn day. Robinhood Chain contributed 150,000 UNI.
This is not a buyback. Buybacks are paid by the project. This is arbitrageurs competing to burn.
Long-term logic doesn’t require daily monitoring. You only need to answer one question: can RWA (Real World Assets) trading volume take over from Meme?
If tokenized stock trading volume on Robinhood Chain continues to grow in Q4, UNI burn volume will rise, accelerating the deflationary flywheel. A $100 price target is not a fantasy. If RWA fails to take off and Meme declines, burn volume will shrink, requiring reassessment.
Dollar-cost averaging range: below 5.50, in batches. No target price, only validation points.
What everyone must know:
The September FOMC 25bp rate hike has been implemented, raising the federal funds rate to 3.75%-4%. The dot plot shows one more hike this year, with market expectations for another hike before year-end rising from 80% to 86.5%.
Macro is tightening. UNI is a high Beta asset; if BTC falls 5%, UNI falling 15% is normal.
Don’t use high leverage to bet on direction, no matter how confident you think you are.
$BTC $UNI $HOOD #AI stocks continue to rise, what other investment opportunities are there?
MET, MUBARAK, and BCH all appear on the gainers list, but their capital patterns are completely different:
MUBARAK is a short-term pulse, with strong explosive power but quickly declining volume, carrying extremely high risk;
MET and BCH steadily rise along the moving averages, with a more stable structure and more sustained capital inflow. Slow and steady wins the race, don’t rush
Just like development, temporary scripts going live are prone to bugs; only programs with stable architecture have long-term reliability.
Short-term speculative coins are only suitable for observation; certainty is always more important than windfall profits.
💬: Do you prefer to catch pulse opportunities or stick to stable trends? $NVDAB $META $BTC CME is going to launch futures for BCH and UNI
On October 19, standard contracts plus Micro contracts will be available once regulatory approval is completed
As soon as the news came out, BCH rose 31%, and UNI rose nearly 20%. The market voted with its feet
Previously, only BTC and ETH had futures; now BCH and UNI do too. What does this mean?
It means institutions are starting to treat altcoins as "legitimate assets." Previously, altcoins could only be traded spot; now with regulated futures trading tools, big money can finally come in
UNI is even more special. It just received SEC tokenized stock exemption last week, rising 21%. This week it also got CME futures; regulators and institutions are both opening doors for it. An AMM protocol first cleared by policy, then integrated by exchanges, and now even CME is launching futures for it. This is not just a coin rising, but a protocol gaining recognition from the mainstream financial system
But I have to pour cold water: BCH rose 31%, UNI nearly 20%, these are "event-driven" gains. When it really goes live on October 19, if volume and open interest don't keep up, these gains will have to be given back. Realizing the positive is not the end, but the start of the test
CME launching futures for altcoins is more important than any price breakout. Because what it changes is not the price, but the rules
Do you think CME launching futures is the springtime for altcoins, or the start of the good news being fully priced in?
#CME拟推BCH与UNI期货 $UNI $BCH $BTC On September 23, UNI reached $10.85, rising 18% in 24 hours, hitting a new high for the year.
Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, gave a target price: $100 by the end of 2030.
Starting from today's $10.8, that's nearly a 10x increase.
But don't get too excited just yet.
The $10 valuation of UNI itself is a problem.
How much it is really worth depends on what it resembles.
Benchmark A: If UNI follows the "RWA infrastructure" route
Then it is no longer a DEX token.
It is an on-chain clearing network.
On September 18, Superstate announced the promotion of tokenized stock trading on Uniswap, with the SEC's newly issued innovation exemption clearing regulatory hurdles. Uniswap confirmed cooperation, using v4's Permissioned Pools to perform on-chain compliance checks.
What does this mean? Stocks, funds, bonds—these traditional financial assets are being settled on-chain through Uniswap.
If this path succeeds, the valuation logic of UNI changes. It’s no longer about DEX fees, but about the trading volume × fee rate × growth premium of a global asset clearing network.
Standard Chartered's $100 target bets on this scenario. Kendrick explicitly said his forecast is "based on the growth of tokenized RWA."
Benchmark B: If UNI essentially remains a "DEX fee token"
Then it is closer to a platform coin—like BNB.
The valuation logic becomes: revenue × multiple.
Currently, UNI's market cap is about $3.7 billion. According to Standard Chartered's forecast, UNI will reach $6.5 by the end of 2026, with an annual burn rate of about 2.2%.
A $3.7 billion market cap corresponds to an annualized $90 million burn scale—this is already a relatively optimistic valuation.
If UNI is just a "DEX fee token," the $3.7 billion market cap reflects a fairly optimistic expectation. In other words, a $10 UNI already prices in the "infrastructure narrative" ahead of time.
Key difference: the essential distinction between UNI and platform coins
BNB burns are decided by Binance. Centralized decision-making.
UNI burns are decided by arbitrage bots. On-chain automatic execution, no human intervention.
As long as there are assets in the TokenJar, Firepit will have someone burning UNI for arbitrage.
This is a structural difference and a reasonable source of UNI's valuation premium. One relies on company discretion, the other on code enforcement.
Institutional infrastructure signal: CME to launch UNI futures
On October 19, CME plans to launch UNI futures, with standard contracts of 10,000 UNI per lot and micro contracts of 1,000 UNI per lot.
This means regulated funds finally have a compliant way to trade UNI.
Listing itself does not create demand, but it removes compliance barriers that previously made it impossible for some buyers to participate.
Previously, institutions wanting to allocate UNI could only go to offshore exchanges. Now with CME, the compliant channel is open.
So, who does UNI really resemble?
Standard Chartered's $100 is essentially based on "Benchmark A."
But if September's real data proves that UNI's revenue heavily depends on speculative trading volume of Meme coins on Robinhood Chain—then it is just a "Meme chain fee token," and its valuation needs to revert toward platform coins.
The gap between these is the risk you need to manage.
$ETH $UNI $HOOD In this hour, BTC volume continues to decline, while SOL clearly rebounds and surpasses ETH; ANTHROPIC is still stuck next to the top three coins, like a side narrative that hasn't fully exited. In this hour, the mention counts for BTC, SOL, and ETH are 50, 41, and 30 respectively; in the same window, BTC is about 42% bullish and 12% bearish, SOL about 54% bullish and 7% bearish, ETH about 37% bullish and 3% bearish. Among the side narratives, ANTHROPIC is mentioned 33 times, about 45% bullish and 15% bearish, HOOD 9 times with about 67% bullish, ZEC and META each 8 times. The previous window had 69, 32, and 22. In this window, BTC shrinks again, SOL flips from lagging to surpassing ETH; it could also just be a short-term rotation, volume ≠ transactions, and a heated tone doesn't necessarily mean funds are aligned. For now, note "BTC continues to shrink, SOL surpasses ETH, ANTHROPIC remains." Which one can hold through the next window is still uncertain; we'll compare again with the new snapshot.Is the crypto market about to soar again? Signals are resonating, but rhythm is more important than sentiment.
US Stocks: Nasdaq hits new highs, S&P nears previous peak. As long as US stocks hold high levels without deep drops, the logic of capital flowing into crypto holds.
BTC: Around 86,100, peak at 87,363. Up about 15% in 7 days, breaking above the 200-day moving average, short liquidations exceed $1 billion, ETF single-day net inflow of $998.9 million. But 4-hour volume-price divergence and 2-hour top divergence, 87,300 not firmly held, high risk chasing the peak, better to buy on dips.
ETH: Around 2,750, peak at 2,810. 2,800 resistance is obvious, Binance shorts account for nearly 50%. Open interest at 16 billion, institutional holdings at 4.9%, exchange balances decreasing. If BTC holds sideways, a catch-up rally is expected, requiring volume support.
DOGE: After hitting 0.1059, retreated to 0.0992, down 0.62%. Open interest increased 10% within an hour to 350 million, leverage-driven, spot support insufficient. 50/200-day moving averages still in death cross, holding above 0.10 could see spot take over.
Macro: China-US summit, SEC new regulations, CLARITY Act progress may provide catalysts.
Overall bias is bullish, but top divergences and volume-price risks exist. Don't chase highs, wait for dip confirmation to go long, control position size and keep ammunition. Personal opinion, not investment advice.
$BTC $ETH $DOGE
#BTC冲高$87000，加密总市值重返3万亿
#美伊3小时会谈释放积极信号？ XRP 1.5986, surged 5.5%, I only buy on a pullback to 1.49
At posting time XRP: 1.5986 (24H +5.51%)
Conclusion:
1.490–1.520 not broken, lightly buy long. Stop loss at 1.420, target 1.6094 → 1.700.
Only look at 1.7+ if 1.6094 is surpassed, otherwise it's just distribution at a high level.
Do not buy if 1.420 breaks, wait for 1.360–1.380.
Market situation
• 7-day increase over 23%, short-term gains considerable, profit-taking pressure heavy, chasing longs = giving away money
• 4H volume expanded at high level but slight pullback, high level unstable, only buy on pullbacks, do not chase highs
My actions:
• Spot: place limit buy orders at 1.490–1.520, position size within 10% of total funds
• Futures: lightly buy long 2x at 1.500, exit if breaks 1.420; reduce half at 1.6094, clear at 1.700
• Chase 2x on volume breakout at 1.6094, exit if falls back below 1.520
• Trades not done: chasing long at 1.5986, bottom fishing on break at 1.420, heavy all-in
If 1.420 breaks, accept it, no adding positions. Stop losses must be quick on high-level assets.
Follow me, key levels given in advance, no hindsight. What do you think XRP will do next? Comment below.
$XRP Brothers, recently altcoins are flying everywhere, but I’ve actually been focusing on a coin that hasn’t fully exploded yet: $XRP.
$BTC has stood above $86,000, ETH broke through $2,750, the market is getting hotter, but XRP hasn’t surged wildly yet.
At times like this, I want to pay close attention.
Whales seem to have moved in advance: in the past 96 hours, whales increased holdings by about 1.54 billion XRP, worth approximately $2.2 billion, with large holders’ positions rising from 8.27 billion to 9.81 billion XRP.
And the XRP story is evolving too. RippleX released XRPL AI Starter Kit 1.1 and integrated with Stripe and Tempo machine payment protocols, starting to extend into AI agent payments and the machine economy.
There’s also activity on the ecosystem side: Absa is adopting Ripple custody technology to deploy digital asset custody, and RLUSD circulation is about $2.39 billion.
Technically, RSI is around 63, with no obvious overbought signals for now.
So I’m planning to accumulate a bit first and watch as I go.
What really excites people is often not when the whole network is shouting, but when no one is paying attention yet and funds have already been laid out in advance.
When buying, no one cares; when selling, it’s a roar of voices.
This is just my personal observation, not a guarantee of a rise. Don’t get carried away when participating, control your position size, and keep your bullets ready.
#BTC冲高$87000，加密总市值重返3万亿 #ZEC巨鲸3.8万枚空单平仓，亏损超3500万美元 Filcoin Project Shutdown Coin Price!
$FIL 1. Pure Stock Computing Power (All sectors fully sealed, only running WindowPoSt to maintain proof, no new computing power added)
Global average shutdown coin price: 1.2 ~ 2.0 USDT, median about 1.6 USDT
- Cost composition: only includes daily electricity fees, data center hosting, bandwidth operation and maintenance, and other ongoing cash expenditures.
- Corresponding average daily output per TiB on the entire network: about 0.0046 FIL (Filfox mainnet data as of 2026.09.23).
2. New Computing Power (Building new mining farms from scratch, continuously sealing new sectors, full payback calculation)
Global average profit and loss coin price: 4.2 ~ 5.8 USDT, median about 5.0 USDT
- Cost composition: includes hardware depreciation, sealing electricity and Gas fees, staking coin capital occupation costs, and all daily operating costs.
- This is the full payback calculation and also the basis for many bloggers' "3U starting point" estimates, with fluctuations depending on different algorithms.
II. Regional Stock Shutdown Price Reference
- Low-cost hydro/thermal power regions (Central Asia, Middle East, electricity price 0.04~0.06 USD/kWh): 0.5 ~ 0.8 USDT
This is the industry's lowest cost first tier, which is the source of the previously mentioned 0.6~0.8 range, representing extremely optimized stock mining farm costs, not the global average.
- Domestic industrial electricity price in China (0.08~0.09 USD/kWh): 0.9 ~ 1.3 USDT
- High electricity price regions in Europe (0.22~0.26 USD/kWh): 2.5 ~ 3.2 USDT
III. Why do many influencers say "shutdown coin price is about 3U"?
The 3U figure you hear is the result of combining three algorithms, not the standard definition of "pure stock cash shutdown price":
1. Mixed calculation: spreading hardware depreciation, staking coin interest, and upfront sealing costs evenly into daily costs, which is the "full payback price," not pure cash shutdown price.
2. Using high electricity price samples: many bloggers calculate based on European and American electricity prices, which are much higher than the global average; the stock shutdown price in Europe itself is close to 3U.
3. Mixing stock + new: including the high power consumption of sealing new sectors in the network average, while the power consumption during sealing is several times that of pure stock PoSt, naturally resulting in a figure close to 3U.
IV. Key Influencing Variables
1. Hardware configuration: large-capacity hard drives (18T/20T+) have much lower power consumption per unit capacity than small-capacity drives, with cost differences over 30%.
2. Electricity price: the biggest variable, with electricity prices differing 3~5 times across regions, directly determining the shutdown coin price.
3. Lock-up mechanism: 75% rewards unlocked linearly over 180 days; the real cash flow shutdown price will be 20%~30% higher than the book value, but locked rewards will eventually be released, not affecting long-term profit and loss.[100x Challenge: Day 58 — Live Trading Record]
1. Capital Status
Initial Principal: 3000 yuan + 0.1 XAU (bought at 4250)
Today's Profit: 0 yuan
Total Profit: 4351 yuan
Current Assets: 9000 yuan (112%)
Profit Withdrawal: 400 yuan
2. Income Details:
Accumulated Copy Trading Income: 21U
Prediction Income: 5U
Creator Rewards: 14U
3. Current Positions and P&L
Current Positions: Gold, BTC, TRUMP
$BTC 100x Challenge has reached Day 59. Almost two months already, time flies.
$ETH Recently, the crypto market has shown signs of a small bull run again. Unfortunately, I bought BTC at 76,000 and sold at 80,000, didn’t hold on.
Before this, I wasn’t very optimistic that this wave would become a full bull market. In my view, this rally was just driven by news. The real bull market prerequisites are either a surprise, a long period of consolidation, or a slow step-by-step climb. Slow growth is the true bull.
But after BTC reached 86,000, it has been oscillating in a narrow range. This is actually a bullish consolidation; the breakout speed slowed down, which makes my previous view of the 76,000–82,000 upward oscillation more valid.
Since BTC first stood above 82,000, it has tested the market bottom at 76,000 three times. Even under the dual bearish factors of interest rate hikes and the failure of a clear bill a few days ago, it still held steady at 75,000. This is probably the last dip before the end of the year. Morning Review: Bitcoin surges to 87,000, I’m taking another look at these four small coins
At exactly 9 o'clock, the outside is already bright. Bitcoin pulled straight up to 87,000 overnight, and the total crypto market cap has climbed back above 3 trillion. I brewed a cup of tea and reviewed these four small coins again.
$HYPE around 95.42, up 2.48% for the day. Hyperliquid, a decentralized perpetual exchange, with 97% of protocol revenue used for buybacks. Bitcoin’s rise pulled it up as well; among small coins, it has the strongest support. Morning volume is average; I’m watching the 95 level closely.
$BICO around 0.0224, down 0.40%. Biconomy, focused on account abstraction. While Bitcoin hit 87,000, it’s still in the red. The sector is solid, but no funds are willing to enter, completely missing the rally. No volume in the morning; I’m watching if 0.022 can hold.
$BEAT around 0.0863, down 1.67%. Audiera, a micro-cap speculative coin, dropped 99% from its high, with a market cap of only 25 million and volatility over 100%. Even with Bitcoin at 87,000, it keeps falling—this one’s untouchable. No volume in the morning; I’m eyeing 0.086.
$RE around 0.458, down 1.71%. DeFi insurance small RWA, 71 million market cap, daily volume 5 million, the thinnest liquidity. While Bitcoin is at 87,000, it’s falling instead of rising; when it should move, it stays weak. No volume in the morning; I’m defending the 0.45 line.
Looking at these four, Bitcoin is dancing solo while small coins diverge. The strong ones have buyback support; the weak ones can’t even get a sip. No volume in the morning, so I’m observing first, not taking action The price is hugging the upper band of the Bollinger Bands in the short term with only 0.2% breathing room left. This is not an offensive posture; it's like being pinned on the sidelines, ready to be exchanged out at any moment.
The current situation for $JITOSOL is: a slight 1.97% increase in 24 hours, the short-term RSI has pushed up to 66.4—just a breath away from the overbought zone, while the long-term RSI is only 50.4. In the mid-game phase, both sides have equal forces; whoever advances recklessly will lose first. The short-term Bollinger Band price position is at 87%, with the lower band 1.4% away and the upper band 0.2% away—this is a typical "asymmetric space" scenario, no path upwards but a 1.4% breathing room downwards. The mid-term Bollinger Band is only at 51%, indicating this is just a pawn sprinting through, not a full-scale attack.
So this is not a buy signal; it’s setting up a reverse sacrificial bait to lure the opponent.
My tactical combination is: do not chase the high; wait for it to finish the last move of initiative. Entry is set at 98.38, 1.4% above the current price—letting the opponent move their piece into the square I have calculated. Target 1 is 94.55, a 2.5% retracement; Target 2 is 94.03, a 3.1% retracement. These two points are not arbitrarily drawn but are the inevitable landing spots after the short-term Bollinger Band lower band is breached.
But the real experts look at the endgame ledger: stop loss is set at 108.25, 11.6% above the current price, while the maximum take profit is only 3.1%. Using an 11.6% risk to gain 3.1% is like exchanging a rook for a pawn—this is a complete loss on the force ledger. Therefore, this strategy must be controlled by position size: light positions crossing the river, quick in and out, never lingering in battle. Heavy positions on this combination are like sending yourself into a doomed endgame.
📉 Short:
Entry: 98.38 (current price +1.4%)
Take Profit 1: 94.55 (-2.5%)
Take Profit 2: 94.03 (-3.1%)
Stop Loss: 108.25 (+11.6%)
Endgame judgment: The bulls in the short term have reached a deadlock with no moves left, while the bears only need one step. The real winner is not the one who shows strength in the mid-game but the one who has already calculated twenty moves ahead and knows how many pieces remain in whose hand before making a move. #strategyplaybook#BTC surged to $87000, total crypto market cap returns to 3 trillion #美伊3小时会谈释放积极信号？ #Earnings Watcher: Costco Q4 earnings to be announced soon
BTC has been consolidating near 86,000 for almost a day. Last night's bullish candle was strong, but there is no obvious profit-taking visible on the chart, and selling pressure is unusually light. Current quotes: BTC 86434, ETH 2773, SOL 119.
Price is sideways, but capital is not idle. BTC spot ETFs saw a net inflow of $433 million yesterday, ETH attracted $144 million; SOL ETFs accumulated about $60.7 million inflow this week, with $47.6 million contributed in a single day. Meanwhile, yesterday's rally also liquidated about $470 million worth of short positions. Capital is flowing in, shorts are retreating, but price hasn't moved — such divergence usually doesn't last long.
Tonight's outlook:
· BTC: Anchored at 87000. Stabilizing near 86000 allows light long positions; if 86000 breaks, exit and wait. After breaking 87000, focus on how the 86000–87000 range evolves.
· ETH: Relatively resilient. The 2700–2800 range is where orders are willing to wait; breaking 2600 means admitting error and exiting; after breaking 2700, look to 2800, then 2900.
Sideways movement itself is not bad. Capital is quietly warming up, shorts are quietly retreating, what the market lacks is not direction but a trigger point. $BTC $ETH $SOL #CME plans to launch BCH and UNI futures
Just saw: CME plans to launch Bitcoin Cash (BCH) and Uniswap (UNI) futures on October 19, including standard and micro contracts, pending regulatory approval.
The key point is not "two more futures," but the signal:
• BCH: A veteran payment coin, entering CME means traditional capital now has a compliant hedging channel
• UNI: DeFi governance token included in regulated derivatives framework, which is more significant than the price increase
• Contract specs: BCH 250/25 coins, UNI 10,000/1,000 coins, allowing retail investors to play Micro contracts
CME has already added ADA / LINK / XLM / AVAX / SUI this year, now adding BCH+UNI shows institutions want not only BTC/ETH but also altcoins on the compliant shelf.
Short-term, don’t rush blindly:
• Watch if BCH can break $300
• If UNI can’t hold $8, the sentiment may easily fade
• Futures launch ≠ immediate surge, but will amplify volatility
My personal judgment:
"CME listing" is becoming a valuation anchor for altcoins; those not listed on CME will be compared against it instead.SanDisk has already risen 644% this year
But Wall Street believes the AI storage rally is not over yet!
$SNDK has risen 644% this year, and many people's first reaction must be: Can it still go higher at such a level?
Rosenblatt just started covering SanDisk, immediately giving a buy rating and a $2400 price target.
The logic is not simply the "AI concept."
AI data centers are raising requirements for NAND capacity, performance, durability, and supply stability. SanDisk and Kioxia jointly developed BiCS8 and BiCS10 NAND, and have already signed multi-year supply agreements with 8 major customers.
More importantly, the price. The market expects the average NAND selling price to rise more than 20% in the third quarter.
So I have been bullish on SanDisk not because of how much it has risen, but because AI is turning storage from a cyclical product back into one of the most critical infrastructures in data centers. $SNDK
Now the stock price has surpassed $1800, and $2400 is becoming Wall Street's new target.
#闪迪纳入标普100，焦点转向AI需求 On September 23, UNI hit $10.85, rising 18% in 24 hours.
The community started celebrating: "The RWA sector leader is taking off."
But don’t get ahead of yourself.
Today, no sugarcoating—let’s get real.
Since the Fee Switch officially launched on V4 on July 27, Uniswap’s average daily protocol revenue surged from $118,000 to $318,000, an increase of about 2.7 times.
Among this, Robinhood Chain single-chain daily contribution is $168,000, accounting for more than half of the protocol’s total chain revenue.
As of September, Uniswap has burned about 112 million UNI, which is 11.2% of the maximum supply.
These numbers are real. Revenue is rising, burning is accelerating, the flywheel is spinning.
But where is this revenue coming from?
Over 99% of Robinhood Chain’s trading volume is driven by meme coin speculation.
FalconX reports that meme coins account for over 80% of decentralized exchange trading volume. After excluding settlement trades like ETH and WETH, meme coins make up nearly 86% of the remaining volume.
On August 30, Robinhood Chain’s application layer revenue was $2.66 million, of which 88% came from GMGN, Pons, and Uniswap—highly concentrated in token issuance and speculative activities.
What does this mean?
The bulk of Uniswap’s fees earned on Robinhood Chain come from meme coin players.
The Pons platform has issued over 250,000 tokens cumulatively, with about 58,000 daily active users. Memecoin.Fun raised $3.5 million to develop similar products.
The token issuance factories are producing frantically, and Uniswap is collecting tolls like crazy.
What does this have to do with the "RWA sector"?
Tokenized stocks: launched, but no one is trading them.
The total value of tokenized stock holdings on Robinhood Chain is about $150 million.
Sounds decent? Consider this:
NVIDIA tokenized stock attracted about 74,000 holders, making it the platform’s most popular asset.
$150 million ÷ 74,000 ≈ $134 per holder on average.
$134. Less than 1,000 RMB.
This is not institutional allocation; it’s retail investors playing around.
Tokenized stocks are currently only available to users in the EU and EEA; US users cannot use them.
The RWA story is sexy, but what’s really running on-chain are the underdogs.
Analogy warning: Solana’s yesterday is Robinhood Chain’s today.
In January 2025, Solana’s meme coin frenzy peaked with weekly revenue hitting $55 million.
Two months later, the meme bubble burst. Solana’s weekly revenue plummeted 93% to $4 million. TVL was halved from $12 billion to $6.4 billion. SOL dropped 58% from $293.
"Meme-driven revenue → revenue supports valuation"—this model has already played out on Solana.
The outcome? Narrative fades, revenue cliffs, price halves.
Robinhood Chain is on the same path now, just with a sexier story—"RWA."
Robinhood Chain’s 90-day gas subsidy ends on September 29.
During the subsidy, user transactions were almost free. This is one of the core reasons for the surge in trading volume.
Once the subsidy stops, transaction costs return to normal levels.
If trading volume halves then and RWA real demand doesn’t pick up—
The 32x revenue multiple won’t hold.
Uniswap charges 0.465% fees per dollar traded here, much higher than its 0.214% rate on other networks. Tokenized stocks trade in Uniswap’s highest fee category, which explains the high fees.
But the problem is: tokenized stock trading only accounts for about 4.1% currently.
96% of the flow is still meme and speculation. You use a 4% story to support 100% valuation?
UNI’s deflationary model is real. The cash flow from the fee switch is real. Robinhood Chain’s traffic is real.
But you must know what you’re buying.
When you pay for the "RWA sector leader" narrative, make sure you’re not buying a "meme chain fee token."
RWA needs institutional allocation, long-term holding, real settlement demand. Not token factories and underdog turnover.
The gas subsidy ends on September 29, the first time to verify the truth.
Look at the data then. Don’t listen to stories.
$UNI $BTC $ZEC #CME拟推BCH与UNI期货 #CME plans to launch BCH and UNI futures
CME Group officially announced plans to launch BCH and UNI futures on October 19, including standard contracts and micro contracts, pending regulatory approval. Once the news broke, BCH and UNI quickly surged in the short term, with the market interpreting this as a signal that traditional finance is further embracing alt assets.
CME's continuous expansion of its crypto derivatives product line means that institutions, besides BTC and ETH, will also have compliant channels to hedge and take exposure on BCH and UNI. This is beneficial in the long term for enhancing the market recognition and liquidity of these two tokens.
Personal view:
Short-term benefits are easily realized in advance, so this should be closely watched. The launch of futures not only facilitates institutions to go long but also provides large capital with compliant tools to short. Historically, when CME launches new products, there is often a pattern of "price rising on expectations, then pulling back after launch."
This event represents a step toward industry standardization but does not mean prices will continue to rise unilaterally. Going forward, focus on the progress of regulatory approval and changes in capital flows before and after launch. Do not rely solely on positive news to chase prices.The CLARITY Act, hearing that name again.
The last time it made the news, I actually looked it up. Back then, a bunch of people were shouting "regulatory spring is coming." And then? Nothing, it got stuck in Congress with no progress.
Now the CEO of Moon Inc comes out saying he hopes the next Congress after the midterm elections can pick it back up.
Note the wording—hopes. Not "expected," not "soon," but hopes.
He also casually mentioned that the SEC’s attitude is positive, DTC custody assets can be tokenized, and tokenized stocks are already listed on Nasdaq and NYSE.
Sounds lively. But these are things already implemented, which is a different matter from whether CLARITY will pass.
A stalled bill, can it pass just by changing Congress? Midterm elections change people, not positions.
I’m more inclined to treat it as a long-term story.
If you really ask, will the next Congress sit down and make it their first priority?
#欧洲央行上线代币化结算平台
#美国加密税收与BTC储备法案获推进 #美联储官员密集发声，加息还要持续多久？ $ZEC $BTC In the past 24 hours, BTC has slightly closed higher, with the price steadily operating around the 86000 level. The cumulative increase over the past four days exceeds 13%, successfully returning to the high range seen at the beginning of the year. Technically, it has firmly stood above the 365-day moving average, which the market interprets as a confirmation signal of a bull market cycle, fully opening the mid-term bullish trend.
However, the biggest feature of today's market: bullish momentum is slowing, volumeless rallies, and high-level divergences appearing.
The previous one-sided short squeeze rally has ended, funds no longer blindly pushing prices up, and profit-taking at high levels is obvious. The market has shifted from a "one-sided rise" to a trend continuation consolidation mode.
Unlike the pure bearish crush of previous days, the past 24 hours have shown a dual liquidation pattern of longs and shorts across the network. High-level chasing bulls and low-level stubborn shorts are both being cut, indicating overheated market leverage sentiment and a strong short-term need for shakeout.
Intraday strong resistance: 87000–87300
Today's two rallies both faced pressure and fell back, marking the strongest short-term bottleneck. A volume breakout is necessary to open the upward space of 89000–90000; volumeless probes are all bull traps.
Intraday consolidation center: 85800–86200
Today's core support range, also the current balance point of long-short contention. The price continues to operate above this range, representing that the bullish strong structure remains intact.
Short-term strong support: 84200–84500
This round broke through the neckline support, also the lifeline of the bullish trend. As long as it does not effectively break down, all pullbacks are healthy shakeouts. #BTC冲高$87000，加密总市值重返3万亿 Reward contract bugs, forward hard forks, ghost sell pressure—CORE incident as a final warning for BTCFi
⚠️This article is based solely on publicly available on-chain information and does not constitute any investment advice
The CORE incident on 8.31 is not just a security accident of a single public chain, but a final warning to the entire BTCFi sector. Many have been brainwashed by the grand narrative of "Bitcoin hash power endorsement," mistakenly believing that binding BTC hash power equates to comprehensive security. However, CORE’s triple blow: reward contract vulnerabilities, forward hard fork compromises, and permanently lingering ghost tokens, has exposed the inherent contradictions at the foundation of BTCFi.
1. Reward contract bug: hash power only manages the ledger, it cannot control token issuance logic
The root cause of the incident was not the underlying hash power being compromised, but a logical flaw in the node reward distribution contract. Malicious validator nodes could repeatedly claim block rewards, mining tokens that were originally meant to be released slowly over decades in a short time.
Bitcoin hash power only guarantees that once transactions are on-chain, the ledger is immutable and double-spending is prevented. But how many tokens are issued and when is governed by upper-layer business code; hash power does not perform logical verification. Even with top-tier Bitcoin hash power, a single contract bug can directly break through a carefully designed token release model.
This is a common blind spot in BTCFi projects: they aggressively promote BTC hash power consensus but downplay the audit risks of upper-layer smart contracts and reward mechanisms.
2. Forward hard fork: under a dilemma, only a "stop the bleeding but not cure the root" fix is possible
After the crisis broke out, the project team chose a forward hard fork to patch the reward code and close the loophole of repeated reward claims, allowing the network to continue producing blocks and technically stop the bleeding.
But this was a compromise: no rollback of historical blocks and no destruction of the already circulated 69 million excess tokens.
If they had chosen rollback and destruction, although ghost tokens could be cleared, it would mean the project team had the power to rewrite the on-chain ledger, directly destroying the "immutability" decentralized foundation and potentially causing chain splits; meanwhile, tokens had circulated multiple times, making it impossible to distinguish hacker loot from innocent secondary market buyers, and a blanket destruction would cause huge disputes.
Ultimately, the project preserved the decentralization narrative at the cost of passing the economic loss caused by the bug onto all token holders.
3. Ghost sell pressure: lingering tokens become the root cause of permanent valuation discounts
After the hard fork, 69 million low-cost ghost tokens remain in the circulating market with no lock-up constraints and can be sold on exchanges at any time.
Institutional investors evaluate assets based on predictable, stable token release curves. The timing and scale of these tokens’ sell-offs are completely unpredictable, making the risk unquantifiable and leading institutional risk control to outright reject.
Thus, CORE falls into a unique predicament: the ecosystem has 125 DApps, EVM compatibility, and a large retail base, enabling short-term pulse rallies when sector sentiment arrives; but lacking long-term institutional support, every rally provides a window for ghost tokens to cash out. The market surges quickly but can crash just as fast.
4. Final warning to the BTCFi sector
1. Hash power narrative does not equal a security guarantee. When evaluating BTCFi projects, contract audits, reward logic, token economic models, and token cleanliness must not be deprioritized compared to hash power promotion. Underlying consensus security and upper-layer token issuance security are two completely independent matters.
2. Decentralization is not without cost. Once business code errors occur, under the immutability principle, the economic consequences of bugs must be borne by the entire community. There is no perfect crisis solution; all choices come with huge costs.
3. Ecosystem data can be inflated and should not be judged by surface metrics alone. DApp counts, TVL, and on-chain addresses are often mining incentive-driven superficial data; the ecosystem lacks native revenue and has no fundamental support against large sell pressure.
Marx said one step of practical action is better than a dozen programs. Project announcements can only soothe emotions; there is no substantive resolution for ghost tokens. For BTCFi investors, the biggest reminder from the CORE incident is: do not blindly trust the hash power halo; code and token economics are the true lifelines of a public chain.
Strategic insights
CORE is only suitable for very small position short-term speculative trading on sector pulse rallies, with strict stop-profit and stop-loss settings; long-term heavy positions are strictly prohibited. Monitor large ghost token transfers, BTC staking volume, and BTCFi sector trading volume closely; once large token transfers occur, prioritize reducing positions to avoid risk.
Summary: Reward contract bugs expose upper-layer code risks; forward hard forks can only stop the bleeding but cannot eliminate ghost sell pressure. The CORE incident proves that the greatest risk in the BTCFi sector has never been hash power attacks, but contract vulnerabilities and token economic collapse hidden by narratives.
End-of-article interactive question: For future BTCFi new public chains, how should reward mechanisms be designed to avoid repeating the tragedy of CORE’s ghost tokens?The Nasdaq has hit a new high, has risk appetite come back again?
The Nasdaq reached a historic high, with AI and chips continuing to lead the way, and $AMD even breaking into the trillion-dollar market cap club. Oil prices have fallen, but the 10-year US Treasury yield remains high. This round of gains is clearly not just because "money is cheap"; the market is still competing for the AI growth story.
With US tech stocks so hot, Crypto is also starting to move. BTC has climbed back above $86,000, the US spot BTC ETF saw nearly $1 billion in net inflows in a single day, and the ETH ETF also had about $270 million inflows.
Here’s the issue: US stocks have already announced new highs, but BTC is still catching its breath halfway.
This shows that risk appetite has indeed returned, but the first stop for funds is still assets with earnings support like AI and chips. Crypto now looks more like it’s following with a catch-up rally.
If we really want to stay bullish going forward, we need to see if this wave of funds can spread from US tech stocks to BTC, and then further to ETH and altcoins. Only when funds start looking outward for returns will there truly be a chance."UNI's $10 'Gold Content' Test: $9.24 Million Fees Collected in One Day, Is This Valuation Expensive or Not?"
UNI touched $10.85 today.
Three months ago, this coin was still stuck at $2.31.
It has nearly quadrupled.
But I don't want to talk about candlesticks. I want to do some math with you.
First, look at a set of numbers.
Robinhood Chain's single-day trading volume is $1.95 billion.
Of that, $1.75 billion went through Uniswap pools.
Uniswap on Robinhood Chain collected $9.24 million in fees in 24 hours.
$9.24 million. In one day.
Convert this amount into valuation.
$9.24 million × 365 days = approximately $3.37 billion annualized fees.
But this is the total fees paid by users; the Uniswap protocol only takes a small portion.
After the fee switch was activated in July, the protocol's daily income soared from $118,000 to $318,000.
Annualized at this rate, Uniswap earns about $116 million in protocol revenue per year.
What about UNI's current market cap?
About $5.9 billion.
$5.9 billion ÷ $116 million = about 51 times annualized revenue multiple.
Is 51 times expensive?
Compare it to Visa.
Visa, the global payment monopoly, takes a cut from every card swipe, with a P/E ratio around 31 and a price-to-sales ratio around 14.
A company that has dominated global payments for decades is valued at 31 times earnings.
Uniswap, a decentralized exchange, is valued at 51 times revenue multiple.
Is it expensive? It depends on your perspective.
If you think Uniswap is just "another trading platform," then 51 times is indeed pricey.
But if you understand it as "the settlement layer for all on-chain asset trading" —
Visa handles fiat payments, Uniswap handles tokenized stocks, RWA, stablecoin swaps, and cross-chain asset flows.
The growth trajectories are on completely different scales.
Visa's 14.7% annual growth is considered excellent. Uniswap's revenue tripled in three months.
The only real question worth tracking: can this $116 million be sustained?
On September 29, Robinhood Chain's 90-day gas fee subsidy expires.
Currently, users trade at zero cost.
Once the subsidy ends, trading costs will shift from "free" to "real money."
This is the first real stress test for Uniswap's protocol revenue.
If trading volume halves, fee income halves, burn rate slows, and the flywheel slows down —
the 51 times valuation instantly becomes "ridiculously expensive."
But if trading volume withstands the subsidy withdrawal, it means users aren't here for "free," but for "assets" —
then this flywheel is real.
To be blunt:
UNI rose from $2.31 to $10.85, with 80% of the increase happening after the fee switch was implemented on July 27.
The market isn't speculating on "governance expectations."
The market is pricing "real revenue."
For five years, UNI was criticized as "zero cash flow" and "the most useless governance token."
Now it burns tens of thousands of dollars of UNI daily, using real protocol revenue.
This is not narrative; this is accounting.
So, is 51 times expensive or not?
It depends on whether you believe one thing —
Three years from now, global stocks, bonds, real estate, and private equity will all be traded on-chain as tokens, and the trading layer will be Uniswap.
If you believe it, 51 times is not expensive.
If you don't, 51 times is a bubble.
$BTC $ETH $UNI #CME拟推BCH与UNI期货 The current market is a mix of bulls and bears, with institutional buying still fierce, but an undercurrent of old holders cashing out is also stirring. A key battle over $BTC pricing power is unfolding.
📊 Bull camp: Institutions and ecosystem flourishing comprehensively
▶ ETF frenzy: US spot BTC ETFs saw a single-day net inflow of as much as $999 million, with BlackRock's IBIT contributing over $380 million. Strong inflows in Q3 directly offset 92% of outflows from the first half of the year, showing clear institutional accumulation intent.
▶ Treasury strategy ramp-up: Strategy bought another 950 BTC, pushing total holdings to 846,000 BTC, becoming a steadfast spot lock-up party.
▶ Financial integration: Coinbase launched a 5.1% fixed-rate USDC loan, Moscow Exchange also introduced perpetual contracts, post-quantum security is advancing, and traditional finance is accelerating integration with on-chain ecosystems.
⚠️ Bear resistance: Old holders cashing out and hash rate decline
But potential challenges cannot be ignored. Glassnode shows weekly ETF net outflows of about $300 million; short-term holders sold 47,600 BTC near 88,000 for profit; a 14-year-old wallet liquidated 4,427 BTC (about $342 million); real hash rate has dropped 18.3% from its peak.
(Source: OKX Planet 09/23 09:13)
#BTC冲高$87000，加密总市值重返3万亿 #Strategy再度增持，财库同步加仓 #财报观察员：好市多Q4财报即将公布 Continue holding short positions on $SKHYNIX, watching if the short-term previous low can be broken; if it breaks, it means the mid-downtrend channel will be formed. The upper limit of this rebound's amplitude is already insufficient, so the odds favor short positions.
$SNDK has also reached a short-term resistance area. After breaking through the consolidation box and continuing upward to hit the resistance, a divergence is formed, so the odds for short positions arise here as well.
Yesterday, the Nasdaq index broke to a new high, which will drive some aggressive funds to participate wildly. At this position, be cautious of chasing highs.
There are again a bunch of positive news releases: a six-nation meeting, US-Iran negotiations, which could further support the short-term upward trend and help it form. Let's watch and analyze. News is lagging behind the market, so the short-term operation plan will be adjusted based on the market situation.
#美伊3小时会谈释放积极信号？ 100,000 TPS is a long-term capacity, not a promotional figure for tomorrow's mainnet.
Ethereum's roadmap materials describe full Danksharding as pushing overall scalability to over 100,000 transactions per second. But this number depends on multi-phase upgrades, L2 execution, and data availability working together; it is not a single-chain throughput that will directly appear on the block explorer after the next mainnet upgrade.
Treating a long-term goal as a current feature creates false expectations. Ethereum chooses layered scaling: the mainnet provides security and data, while L2 executes a large volume of transactions. End users see the capability of the entire system, not all transactions crammed into one huge block.
The cost of this approach is that the experience can easily become fragmented, with assets and users scattered across different L2s. After capacity increases, interoperability, wallets, and unified settlement must keep pace; otherwise, even with high numbers, usage remains troublesome. Scaling is not just about throughput.
Whether $ETH benefits from the 100,000 TPS target depends on whether these transactions continue to use Ethereum's data, security, and settlement. The long-term figure can guide the way, but real valuation still depends on whether each step creates verifiable demand. Capacity without users is an empty lane; users without settlement connections may not necessarily benefit ETH.
Breaking down overall throughput helps avoid masking liquidity and experience fragmentation with a nice total number.The price of $HYPE has reached around $97, just a step away from $100
Seeing the hype price reminds me of the post about hype on June 5, 2026, where sentiment and capital drove hype to potentially reach $100
Hype has surged significantly, so from the current perspective, it seems "hype" was sold "early"
But personally, I think it was still a relatively good trade to close 🤔 At that time, due to Hayes' public sell-off, it triggered a decline and market downturn; hype far exceeded previous historical highs, all factors for selling
More importantly, $ETH and $BTC are at relatively low levels, and ETH and SOL are more attractive, with "cyclical" and certain characteristics 🤔 So selling "hype" to exchange for liquid capital is a relatively reasonable trade
If funds are willing to flow in later, and hype liquid buyback efforts increase, with more channels for capital inflow, it is expected to promote further hype price increases. If the momentum is strong, selling pressure is low, and buyback and burn continue, triple-digit hype might become the "norm" 🤔
#波动雷达：币种异动观察
@OKX星球 @米妮Minnie_OKX $ADA
Rising about 2.2% in a single day, is ADA catching up or is the trend changing?
While BTC consolidates at a high level, ADA outperforms some major coins, which looks more like capital seeking low-level elasticity. Catch-up rallies can be quick but may not have long-term fundamental support.
If the price raises its lows, and spot trading and on-chain activity increase simultaneously, the trend quality will improve.
If it only rises when major coins pause, and BTC weakens quickly once it pulls back, this is still high Beta rotation. Catch-up rallies can be traded, but sustainability must be verified by new demand.#BTC surged to $87000, and the total crypto market cap returned to 3 trillion
Last night's move was driven by news, not by adding positions.
Once the news broke, the price moved first, sentiment followed, and leverage pushed it further. It looked lively, but spot volume might not be able to keep up, and ETF and treasury buying didn't expand simultaneously. This kind of rally is fast but shallow: front-running before the news lands, and after it lands, the positive effect often fades, leaving those chasing the move as liquidity providers.
Adding positions is most risky at times like this. The rise is sharp, making stop-losses hard to set; when a pullback comes, leverage gets liquidated first. What you think is a chance to get in is actually paying for the news.
Strategy: don't chase overnight sharp rallies, wait for a pullback to confirm; consider scaling in only if key support holds; hold spot positions firmly, keep leverage in check, and continue to avoid data windows. The market is negotiated, and positions must be supported by structure. Without structure, don't act hastily. $MUBARAK current price 0.07586, 24h +62.93%, trading volume 96.2M USDT, 30 K-line amplitude 58.37%; horizontally within the same sector, $TUT 24h +14.86%, trading volume only 10.1M, $XRP 24h +5.44%, amplitude 7.26% — all with bullish moving average alignment (MA5>MA20), MUBARAK's increase and volume are several times that of the others, and the funding rate +0.0375% is also the highest among the three, indicating that leveraged bulls are actively adding positions rather than passively following the rise. This is the strongest relative performer in this round of small-cap sectors.
Technical aspect: MA5=0.076484 crossing above MA20=0.073092 maintaining a golden cross, price standing above the short-term moving average; but MACD histogram -0.001138 is still negative, RSI 63.5 has not entered the overbought zone, indicating a high-level consolidation after a volume breakout rather than exhaustion. Bollinger upper band 0.088299 is the first resistance above, lower band 0.057885 corresponds to the breakout starting point. Fear and Greed Index at 71 is in the greed zone, risk of chasing highs exists, it is advisable to wait for a pullback that does not break the moving average before entering.
The direction is bullish. 最近UNI的走势，让很多人看傻了。 从8月底的3.16美金，一路拉到今天的10.85美金，30天涨幅145%，90天涨幅270%。24小时再拉15%，直接突破前高。一个老牌DeFi蓝筹，怎么突然就变成了本轮行情的领涨龙头？ 很多人只看到涨了，不知道背后真正的逻辑。今天我把UNI这轮上涨拆透，看完你就知道后面该怎么应对。 一、核心催化剂：SEC开了一扇门，Uniswap是唯一持证上岗的人 9月17日，美国SEC发布了一份"创新豁免"声明，建立了一个为期五年的临时监管框架，允许符合条件的代币化美股通过许可AMM（自动做市商）在链上交易。 这句话翻译成人话就是：华尔街的股票，可以合规地搬到区块链上交易了。 这个消息出来之后，UNI直接从6.63拉到8.49，单日涨28%。为什么市场第一反应是买UNI？ 因为Uniswap v4在今年7月就推出了Permissioned Pools（许可池）功能，专门对接合规机构，已经和Superstate、Securitize、Dowgo这些RWA公司合作。SEC这次的框架，本质上就是在给Uniswap v4的许可池模式发"合规通行证"。 注意一个细节： UBTC specializes in dealing with all kinds of dissatisfaction—don't be led by candlesticks anymore
At 82,000, how many people confidently entered the market without confidence? The previous few times it fell here, and retail investors developed muscle memory, thinking history would simply repeat itself. But what happened? The main force pulled back and pushed it straight to 87,000, causing the short sellers to collectively blow up their positions. This isn't a market rally; it's psychological warfare.
Institutions understand human nature: first let you taste a few sweet gains, then turn your "experience" into a trap. When you finally believe 82,000 is the iron top, it insists on breaking through; When you buy from 75,000 to the bottom, it insists on breaking through. K-lines are a script drawn for retail investors; every "support" and "pressure" could be bait to lure you in.
I've figured it out: don't place orders in crowded places. If there really is a pullback next time, 75,000 looks like a bottom, but most chances are a trap set for you. The real ones worth buying in batches are actually around 70,000—the place most people despair and don't dare to reach out.
This time I lost big, but I was completely clear-headed: the market isn't short of opportunities, but what it lacks is a brain that doesn't follow trends. I'll never recklessly place orders again. I'd rather miss out than make mistakes.
$BTC What taught me was not just about stopping losses, but also about not believing in the "consensus" of candlestick charts.
#BTC冲高 $87,000, crypto market cap returns to 3 trillion #美伊3小时会谈释放积极信号? #美联储官员密集发声, how much longer will the rate hikes last? 1 million UNI tokens were withdrawn from Coinbase two hours ago.
At 10.07 each, that's just over ten million dollars.
Just after breaking the year's high, someone moved a large amount out of the exchange in one go.
This scene is very familiar to me.
Every time the price rises and people start shouting "bullish comeback," someone quietly moves their coins.
Do you think they are putting them into a cold wallet for safekeeping?
Or are they moving them out first, waiting for a better price to move them back in?
I don't know.
But to be honest, at this time and volume, this is not something retail investors would do.
What frustrates me is that such moves often speak before the candlestick chart does.
Money is moving, which means someone is already preparing for the next step.
As for where it’s going, keep an eye on whether there are similar withdrawals afterward.
If it’s just this one, it might be a portfolio reshuffle.
If a second or third withdrawal follows, then it gets interesting.
#CME拟推BCH与UNI期货 $UNI Brothers really have money: they just spent 10 million USD
Today $UNI broke through $10, hitting a new high for the year.
Just saw an address that directly withdrew 1 million UNI to a wallet. The withdrawal price was $10.07, worth 10.07 million USD.
But what's really interesting is the operation track of this wallet:
One day ago: first withdrew $80 worth of ETH for gas
Then: withdrew 1 UNI as a test
9 hours ago: maybe he forgot, withdrew 10 UNI as another test
3 hours ago: suddenly withdrew 1 million UNI
From testing 1 UNI to entering with 1 million, less than a day passed.
What does this mean?
First, this is a new wallet. No history, no other assets, directly holding 10 million UNI. This kind of "clean" position building usually means someone is making a clear allocation.
Second, tested twice before acting. 1 UNI, 10 UNI, both small probes. After confirming no issues, directly moved 1 million UNI. This is not impulsive, it’s a prepared move.
Third, withdrawn from an exchange. Chips flow from exchange to self-custody, reducing short-term selling pressure.
Combined with UNI’s recent narrative: SEC tokenized stock exemption landing, Uniswap’s permission pool being named, the market is repricing UNI’s role in tokenized securities.
This brother is ready to hold long!The Federal Reserve previously raised interest rates by 25 basis points, but the subsequent rate path was not as hawkish as the market had feared. CryptoTicker believes this actually pushed risk assets higher, with Bitcoin strengthening accordingly; at that time, over $445 million in crypto shorts were liquidated, including more than $230 million in Bitcoin shorts. The most important point here is not "why a rate hike is actually bullish for Bitcoin," but the expectation gap. The market never trades just on the rate hike itself, but on "whether the actual policy is more hawkish or more dovish than previously priced in." When investors had already prepared for a more aggressive tightening path, and the final policy signals were not as strong, risk appetite was restored instead. Bitcoin thus returned above $80,000. But macro factors can only explain why buying began to recover. They cannot explain why BTC was then able to consecutively break through $82,000, $84,000, and even $87,000 within a few hours. What truly caused the market to "accelerate upward" was the derivatives market. #新手必看：这里有你需要的一切 #交易之声：你的经验值得被听到 $BTC 9.23 Has the bull market arrived?
1. I do not think a new bull market has started at all. If weaker, it is a mid-bear market rebound, ending around 94000; if stronger, it is the last extension of this bull market, similar to the 2021 pattern where 64000 was halved to 30000 before reaching a new high of 69000 again;
2. $BTC 94000-98000 is the watershed. If it can break through 98000, it has the potential to follow the 2021 pattern; if it cannot break through, the rebound is over. Some short positions might be able to be relieved, just wait. #BTC冲高$87000，加密总市值重返3万亿 Previously, funds were all rushing into $BTC, but now things are starting to look a bit different.
On September 22, spot ETFs continued to see inflows:
$BTC +364.4 million
$ETH +71.34 million
$SOL +28.87 million
The cumulative inflows have reached $56.52 billion for BTC, $13.59 billion for ETH, and $1.47 billion for SOL.
The big brother still takes the largest share, but ETH and SOL are clearly starting to attract capital attention as well.
This is actually more interesting than just seeing large inflows into BTC alone.
Because when funds no longer focus on just one direction, the market's trading space begins to slowly open up.
If ETH and SOL can continue to absorb funds, and BTC does not show obvious deceleration, then the market structure might be richer than a simple BTC-only rally.
But we shouldn't be too optimistic here.
The biggest risk in capital rotation is that it looks lively but is actually just short-term switching.
So what I want to watch next is:
Whether BTC is stable, whether ETH can follow, and whether the highly elastic strongman $SOL can hold the funds.
Only if these three signals appear simultaneously will the market really be interesting.
The above is just my personal market record and does not constitute trading advice.
$BTC $ETH $SOL #BTC There are no significant large sell orders above until $90K.
There are also no significant large buy orders below until $81K.
This means that whichever direction it breaks through, it could move very quickly.
If it goes up first, resistance before $90K is light, making acceleration easier. Brothers, recently researching income in the crypto space, I found something outrageous.
The ones that can truly make sustainable profits might not be the coins we watch daily on the K-line, but the underlying crypto infrastructure.
As long as it can continuously generate cash flow, this thing is basically a money printing machine.
The most extreme example is Tether, with $183.3 billion in user funds, heavily allocated to short-term government bonds and reverse repos, earning $491 million directly in one month. This is no longer storytelling; it's real cash flow.
Circle is also strong, making $200 million a month, mainly from government bond interest and cross-chain business.
Hyperliquid earns $60.6 million a month, and even more impressively, about 99% of the fees are used to buy back and burn HYPE.
Pump.fun also makes $54.4 million a month, continuously earning from token issuance fees and matching fees.
These four projects have completely different ways of making money, but they all point to the same thing: cash flow.
In the past, the market liked to hear stories; whoever had the sexiest narrative was easier to follow.
Now more and more people are starting to ask:
Are you actually making money?
So now when I trade coins,
I no longer dare to just look at the K-line.
The K-line tells you the price,
but income tells you whether the project has the ability to sustain itself.
Brothers, when choosing projects,
do you care more about the story or how much money it can make every month?
#BTC冲高$87000，加密总市值重返3万亿 #美伊3小时会谈释放积极信号？ 🚨 ETF funds are redefining the supply and demand structure of the crypto market
On September 22, spot crypto ETFs continued to show net inflows: approximately $364 million for BTC, about $71.34 million for ETH, and around $28.87 million for SOL. The cumulative inflows have reached approximately $56.52 billion, $13.59 billion, and $1.47 billion respectively.
From the capital diffusion from BTC → ETH → SOL, it seems the market focus is gradually extending from a single leading asset to more mainstream assets. If this trend continues, it may indicate that the scope of market capital participation is expanding, and liquidity is showing more obvious diffusion.
Meanwhile, as ETFs continue to absorb spot supply, the real question for the market is: as tradable chips keep decreasing, how much new capital will the next price discovery need to push the market to break through new ranges?
📊 Capital flows are changing, and the market structure deserves ongoing observation.
#BTC #ETH #SOL #CryptoETF #Bitcoin #Ethereum #Solana #CryptoMarketThe three major mainstream coins have shifted from weak recovery to short covering + ETF capital inflow. What needs more caution now is not an immediate major pullback, but the market misinterpreting the short squeeze as a new trend, chasing and adding positions around 86,000, 2,760, and 119.
$BTC $ETH $SOL
BTC: Reclaimed the long-term moving average, the strongest structure repair in nearly 300 days. Supports at 85,200, 84,000, 83,000; resistances at 86,800, 87,400, 88,000-90,000. The original short concentration zone from 83,000-86,000 has turned into short-term support. Medium-term bias is bullish, but the current price is better suited for waiting for a pullback rather than chasing highs.
ETH: On-chain and institutional funds continue to accumulate. Supports at 2,700, 2,640-2,560; resistances at 2,800, 2,890, 3,000. 2,700 is a key dividing line: if held, 2,800-3,000 can still be tested; if broken, look for support around 2,640.
SOL: ETF inflows present, contract positions proportionally high. Supports at 114, 110-107; resistances at 120, 123-125. Maintaining strength above 114; a break below requires caution for a pullback. Leverage heating up faster than spot demand.
Crypto total market cap returns to 3 trillion.
Today's focus: US PMI data, and the meeting window between Trump and Xi Jinping.
Personal opinion, not investment advice.
#BTC冲高$87000，加密总市值重返3万亿
#美国加密税收与BTC储备法案获推进 The altcoin season is getting closer.
The OTHERS/BTC exchange rate has once again reached that long-standing descending trendline, which has been suppressing altcoins since 2022.
Now it’s at a critical point:
Break through and hold → Altcoins will take off directly
Rejected → Continue sideways consolidation at the bottom
Note, the breakout has not happened yet.
But after so many years of sideways movement, once the weekly candle cleanly closes above this trendline, the strength of altcoins will completely reverse.
A breakout wave will directly change the landscape.