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Big Brother Maji's current holdings this round (current price BTC 86100, ETH 2750)
No liquidation or position reduction records seen on-chain, heavy long positions remain unchanged; at the early morning peak, the account showed over 11 million in unrealized profits, which have continued to shrink after this pullback.
Position-wise account estimation
1. ETH | 25x long position, opened at 2480-2510
Current price 2750, unrealized profit of 3.9-4.2 million USD. With 25x leverage, a rapid drop of about 3.7% would approach the liquidation range; daily long funding fees continuously erode profits.
2. BTC | 40x long position, opened at 79800
Current price 86100, unrealized profit of 720-780 thousand USD. 40x leverage carries the highest risk; a price reversal of only 1.7% would trigger forced liquidation, leaving a very thin safety margin.
3. HYPE | 10x auxiliary long position
Small unrealized profit of 180-240 thousand USD, with less volatility than the two main positions.
Account total: total nominal exposure about 126 million USD; overall leverage close to 10x; current total unrealized profit about 4.8-5.2 million USD.
Interpretation from a practitioner's perspective
1. All are just unrealized paper profits with no withdrawals or profit-taking. He tends to convert unrealized profits into margin to increase positions, not actively cashing out; as long as there is another round of rapid price spikes, millions in profits will quickly shrink, a pattern repeated many times historically.
2. BTC is now at 86100, very close to the key support at 85000; if the market quickly drops, the 40x BTC position will be the first to face pressure, directly causing the entire account's net value to plunge."Today's Gossip"
A hidden change in BTC: Whale OTC inventory has shrunk by more than 75%
This might be even more important than "a certain whale buying tens of millions of BTC."
On-chain analyst Darkfost's data shows that the known BTC OTC trading platform addresses currently hold about 123,000 BTC.
Back in September 2021, these addresses held nearly 500,000 BTC.
In other words, the holdings of known OTC addresses have dropped by over 75% compared to then.
Why?
There are several explanations currently:
* BTC moving into long-term cold wallets
* Institutional custody
* Changes in miner selling methods
* Some trades shifting from OTC to public markets
* Possible omissions in address classification itself
So it cannot be simply understood as:
"OTC has no coins left, BTC will surge immediately."
But this change is worth long-term observation.
Because if more and more BTC is not on exchanges or OTC, but in long-term wallets—
The actual liquid chips that the market can use to dump might change.The most unusual detail in today's market is: $BTC only rose 0.67% in 24h, with the amplitude of 30 candlesticks compressed to 2.65%, while $NIL surged 24% with an amplitude close to 30% during the same period. In the same timeframe and market, funds are clearly shifting towards high-volatility small-cap targets, mainstream coins are being drained but have not fallen—this "low volume sideways + capital outflow" structure is usually not a top signal, but a chip consolidation period before the main upward wave.
In a horizontal comparison: $BTC current price is 86211.7, MA5 (86237.1) still stands above MA20 (86161.6), the moving averages remain in a bullish alignment without breaking; RSI at 56.2 is in a neutral to slightly strong zone, with room before overbought; MACD histogram at -87.81 is negative, but the price has not weakened accordingly, which is a typical indicator lag rather than a trend reversal. In contrast, $NIL's RSI is already 73.8 entering overbought territory, Bollinger upper band at 0.0873 is within reach, making chasing the high very low in cost-effectiveness; $TAO shows MA5<MA20, MACD bearish, and a 24h decline of 1.80%, making it the weakest link in the sector.
The relative strength ranking is clear: $BTC is "steady accumulation", $NIL is "emotional exhaustion", and $TAO is "trend deterioration".FLOWS ARE COOLING, BUT PRICE IS STILL HOLDING
On Sep 22, Spot ETF flows remained positive:
$BTC +$104.54M → cumulative $56.26B
$ETH +$37.70M → cumulative $13.56B
But inflows were much smaller than previous day.
Current prices remain at $BTC $86.49K, $ETH $2.76K, still close to recent highs of $87.40K and $2.81K.
The key point: ETF flows are slowing, but price has NOT broken down.
The question is no longer "Are ETFs buying?"
If ETF flows weaken, what demand isIran confirms meeting with the US side, proposes conditions for reopening the Strait
Earlier, market rumors about the Strait potentially reopening temporarily suppressed oil prices, followed by reports of Iran denying such news; now that the US and Iran have completed direct talks, Iran has formally put forward strict conditions for reopening the Strait, but this does not mean the US has accepted these demands. The Strait of Hormuz is a critical chokepoint for global oil transportation, and the negotiation conditions are highly demanding, with a long way to go before a real agreement is reached. The progress of subsequent negotiations will directly affect the geopolitical risk premium of crude oil. If talks reach a deadlock, oil prices are likely to be supported again; if there is a substantial breakthrough in negotiations, it will suppress oil prices.Is the current macro setup actually supportive of the speculative rotation into $XRP and $DOGE, or are traders misreading a temporary liquidity flush for a structural trend? The honest answer is that both narratives have merit right now, and the distinction hinges on stablecoin flows rather than headline sentiment. When on-chain stablecoin minting tracks with spot exchange inflows, it creates a thin but genuine supply of dry powder that fuels retail-driven speculative assets. When that minting dWoke up from a sleep, and a friend's message popped up: "$ZEC pumped again, reaching a high of 1652!" I checked OKX and saw the current price at 1607. The long position I opened at 1471 is now up 27%. Those who said I was "chasing too high" back then are probably laughing in the group chat now.
To be honest, when I opened the long at 1471, I believed in it. ZEC had just dropped from 1595 to 1434, and I bought at 1471. After buying, it was at a floating loss. When it hit the low of 1434, someone in the group said, "Daring to go long at this level? You're just waiting to get buried." I stayed silent, set my stop loss, and bet that this volatile coin would spike again. It actually delivered, rallying from 1434 all the way back to 1652, giving the shorts another round of losses.
I glanced at the $ZEC order book; 1652 is today's high, and the current price of 1607 has pulled back a bit, indicating some profit-taking above. The volume is smaller than the previous surge, more like a short squeeze momentum rather than a new trend. Resistance is between 1650-1700; only a volume breakout above that range would justify looking at 1800. Support lies between 1550-1580; breaking below that would signal weakness.
Those who said 1470 was too high are probably slapping their thighs now. But I won't mock; the market humbles all kinds of arrogance. Those laughing at others today might be the ones laughed at tomorrow.Bitcoin Surpasses 86000: Greed High, Liquidation Data Reveals New Bull-Bear Signals
Bitcoin today stabilized above $86000, currently at $86412, up 0.48% in 24 hours, up 12.96% over 7 days, with market cap rebounding to $1.74 trillion. The strong rebound continues, with some analysts viewing it as a signal that the crypto "winter" has ended.
Liquidation Structure
In the past 24 hours, total network liquidations reached $347 million, including $218 million long positions and $129 million short positions, with longs about 1.7 times shorts; 157,000 people were liquidated, Binance's largest single WLD liquidation was $3.4863 million. During the rise, many long positions were liquidated, indicating leverage is being cleared rather than a pure short squeeze; the large WLD liquidation also exposes the vulnerability of high leverage in non-mainstream coins.
Sentiment and Funds
The Fear and Greed Index dropped from 78 to 71, still in the greed zone but cooling marginally. This aligns with the dominance of long liquidations, showing increased market profit-taking willingness and possibly amplified short-term volatility. BTC funding rate is +0.0064%, ETH +0.0052%, longs pay but not extremely. Six large transfers totaling about $699 million in 24 hours, active on-chain but no abnormal concentration. Crypto total market cap is about $2.94 trillion, still about 30% below the October peak, valuation not overheated.
Comprehensive Observation
Stabilization above 86000 is driven by ETF demand recovery and short covering. Long liquidations exceed shorts, showing coexistence of leverage clearing and short covering. If short liquidations rise later, a new round of short squeeze may brew; if longs continue to dominate, high-level chips still need time to digest.
$BTC $ETH $ZEC
#BTC冲高$87000，加密总市值重返3万亿
#财报观察员：好市多Q4财报即将公布
#AMD市值突破1万亿美元，芯片股集体大涨 #BTC surges to $87000, total crypto market cap returns to 3 trillion
$BTC surged to 87,000, total crypto market cap returned to 3 trillion, this rally is quite strong
Just opened the market, BTC hit a high of 87,399, although it has now pulled back to around 86,286 and is fluctuating, overall it remains steady over 24 hours. More importantly, the total crypto market cap has climbed back above 3 trillion USD.
This move isn’t just BTC alone. ETH, SOL, and $XRP are all rising in sync, showing strength across major assets. The capital flow is also cooperating; BTC spot ETF saw outflows for two consecutive days before, but in the last two days it recorded about $592 million net inflow again. This indicates institutional buying has returned.
There’s another detail worth noting. After $BTC broke through 82,000, the open interest in futures contracts increased by about $2 billion. This shows that after large-scale short positions were liquidated, new leveraged positions are still coming in. In this rally, shorts were forcibly pushed out.
Right now, I only have that OKB dollar-cost averaging running; other positions have been mostly cleared. Looking at this market, I do feel a bit of regret Ϟ(๑⚈ ․̫ ⚈๑)⋆ETH has reclaimed the 2750 level, with the focus not on the price increase itself, but on the chips being tightened together by three lines.
Market line: BTC strengthened first, ETH broke out of a nearly one-month consolidation range and surpassed resistance near 2660, repairing the short-term structure. The immediate target above is 2775-2825; only by stabilizing here can 3050 come into range; the support near 2560 is a confirmation level, and 2825 is the breakout point. If 2350 is lost, the bullish scenario needs to be rewritten.
Company line: BitMine has acquired another 27,562 ETH, bringing its holdings close to 5.98 million ETH, of which about 5.07 million are staked. It is not passively waiting for price increases but is transforming ETH into a treasury that generates yield.
Network line: Lido has reorganized 8.4 million staked ETH into about 4,000 validators. This does not mean an additional 8.4 million ETH staked, but a reallocation of existing funds to improve operational efficiency.
When market breakout, company lock-up, and network efficiency improvements coincide in the same window, this ETH rally is not just following BTC.
BTC rises on the consensus of "more expensive in the future"; ETH, besides narrative, must have its tokens generate cash flow.
Yesterday afternoon, I tried a 50x short position, opened at 2723, and finally closed at 2750 around 9 PM, indicating that big market moves are not suitable for shorts. The resistance at 87,374.30 that was asked about yesterday gave its answer today. Even though the spot ETF saw nearly $1 billion (999 million USD) inflow in a single day, marking the largest net inflow in 11 months, $BTC surged to 87,374.30 but still couldn't hold, with the current price retreating to 86,180.10.
Institutional buying is solid, but the contract market's chasing power has clearly cooled: the funding rate dropped to +0.0019%, open interest increased only slightly by 0.3% in one day, and the active buy-sell ratio is at 1.00. On-chain exchanges had a net outflow of 3,867 BTC in one day, with 711,168 active addresses, indicating no panic in the spot market. This stagnation is mainly due to futures lacking strength to chase prices before the resistance level.
Our 3.5-day BTC long position triggered a trailing stop exit, locking in a +117.2% profit.
Structurally, the 4H RSI is in the overheated zone at 82.1. The daily candle must close above 87,374.30 to be considered a breakout; if it falls below the 4H EMA20 at 83,910.83, short-term chips will face a pullback.
Despite massive ETF net inflows, the key price level couldn't be pushed. Do you think this is spot market consolidation and turnover, or a stagnation before the bullish momentum is exhausted?
#BTC #ChipAnalysis #MarketDynamics
Personal observation, not investment advice, please assess risks yourself. This ETH short position was the worst loss since I started training, giving Xiao Ma a harsh lesson.
Shorted at 2634, 100x full position sprint, holding firm until the end.
The moment I saw a -433% return, Xiao Ma froze at the starting line, mind completely blank.
There were many chances to exit earlier, but I didn’t, couldn’t press the take profit button, even if I hadn’t taken profit, the loss would have been much smaller 🥺🥺🥺
Originally thought this rally was just a brief fake sprint, the overall trend was bearish, underestimated the resilience of the sector market!
Leverage is like a racehorse’s burst of speed; when running the right track, profits soar wildly, but once running the wrong way, losses come rushing in so fast you can’t dodge them.
When I won a few races before, I naively thought I understood the rhythm of the track.
Now I realize one thing: even if the big direction is right, under high leverage, you can’t withstand a short-term sprint and will still be thrown off hard.
You can’t blindly trust your own predictions; under high leverage, you absolutely must not stubbornly hold against the trend!
The track won’t run according to Xiao Ma’s thoughts, and the market won’t accommodate my position.
This entry fee was very expensive, this pain Xiao Ma will remember deeply.
In the future, controlling leverage and stop-loss lines cannot be neglected.
Always respect the track, respect the market ✨
This does not constitute investment advice; virtual currency contracts carry extremely high risk!
$ETH $BTC $ZEC
#BTC surges to $87000, total crypto market cap returns to 3 trillion
#Fed’s probability of another rate hike in October exceeds 55%
#Strategy increases holdings again, Treasury also adds positionsThe CFTC is eyeing Kalshi! What truly deserves caution is not the word "shakeout," but how much trading volume is real! According to the WSJ, the U.S. CFTC is reviewing a large number of abnormal transactions in Kalshi's crypto perpetual contracts. Data shows that in recent times, ETH perpetual contracts have seen a large number of repeat trades close to $5,500, accounting for a significant volume of these transactions.
This is also why the market began to question: does such a large trading volume represent real capital competition, or is part of the trading coming from market making and incentive mechanisms?
Kalshi currently explicitly denies any fraudulent trading, stating that these duplicate orders come from fixed-amount orders placed by market makers, while hundreds of different traders actively execute them on the other side. The platform also blocks self-executing accounts and monitors collaborative trades.
Therefore, it is not right to conclude that Kalshi is "shaking"; what truly needs to be awaited is the CFTC's follow-up investigation results.
But this incident actually serves as a crucial reminder for the entire crypto market: trading volume ≠ real capital needs.
Especially for emerging derivatives platforms, fee rebates, market-making incentives, and fixed order strategies may all make nominal trading volumes very attractive, but what truly determines market quality are real positions, real users, independence of buyers and sellers, and price discovery ability.
For BTC and ETH, I actually think this is a signal worth paying attention to. If the market and crypto perpetual contracts are predicted to continue expanding rapidly in the future, regulators will definitely pay more attention to transaction volume authenticity and market manipulation risks.高位横盘不是没故事，是故事还没轮到所有人听见。 你看到的是强势，还是派发前的安静？ 我盯了一整天的板块强弱，越看越觉得现在像洗筹末端、分歧开场。BTC 在高位区域维持韧性，回撤幅度被压得很小；ETH 和 SOL 的获利了结更明显，短线抛压也偏重。表面看是同步震荡，实际上是三种完全不同的节奏。 主镜头放在板块强弱上会更清楚。BTC 是这轮的情绪锚，它只要不丢关键支撑，市场就还有底气；ETH 更像在建底，止跌比反弹本身更重要；SOL 弹性最大，也最诚实，一旦先修复，往往代表风险偏好开始回暖。反过来，如果 BTC 横住但 ETH 继续阴跌、SOL 反弹无力，那就不是强势整理，而是筹码在悄悄换手。 今天整体成交偏淡，观望气氛压过进攻意愿。这种环境里，单根 K 线说明不了任何事，真正要看的是价格和量能有没有一起动。没有量配合的突破，大概率只是情绪脉冲；有量承接的回踩，反而更值得记一笔。 偏多的路径是：BTC 横盘蓄势，ETH 筑底完成，SOL 率先回暖，三者共振后动能重新累积。偏空的风险是：高位久盘不涨，山寨先走弱，资金偏好从进攻切向防守，轮动变成撤退。 我更倾向于把现在定义为博弈与洗筹交织的阶Gold seemed to crash, but unexpectedly pulled back for two consecutive days.
The $XAU sellers have plenty of reasons to be confident: The Fed remains hawkish, yields are still high, and pressure on gold persists.
The sellers pushed the price down but couldn’t hold the gains.
- It could be bottom catchers.
- It could be defensive capital.
- It could also be previous sellers starting to take profits.
The two long-legged candles indicate a rather special psychological state: Sellers are confident about the macro story, while buyers are confident in the price action. 📊 BTC Daily Watch｜September 23
🔥 After BTC surged to about $87K, what truly matters is the capital flow, not just the price.
During the last rally, BTC once broke through $87,000, while the US spot BTC ETF saw a single-day net inflow close to $999 million, marking the highest single-day inflow in nearly 11 months, indicating a clear rebound in institutional participation.
👀 Today, focus on 3 key signals:
🟢 BTC: Can it hold above $85K–$86K?
🟡 ETH: Can it continue to stay above $2.7K and narrow the strength gap with BTC?
🔵 Altcoins: Is capital further spreading from BTC to ETH, SOL, and other high-beta assets?
⚠️ Don’t mistake the speed of the rise for trend confirmation.
Price can create sentiment, but sustained ETF inflows, volume, and capital rotation better indicate whether the market trend has continuity.
🎯 Watch capital flow, not just green candles.
If BTC consolidates at a high level while ETH and altcoins continue to absorb capital, the market structure may further expand; otherwise, be cautious of a pullback after the surge.
$BTC $ETH $SOL
#BTC87KCryptoCap3T #CryptoTreasuriesBuy #BTCETF #CryptoMarket Four Top 20 assets ran past $BTC on a day Bitcoin hit an eight-month high. $BCH added almost 21% in a day, $NEAR R is up 85% on the week, $DOGE GE reclaimed ten cents and $XRP gained over 6%. Only two have a named cause: a CME futures listing for $BCH H and roughly $30B routed through NEAR Intents. The other two arrived alongside $844M of liquidated shorts.$ZEC #BTC surges to $87000, total crypto market cap returns to 3 trillion
Above 1350 is still strong bullish pullback; breaking below 1350 and failing to rebound confirms a phase shift to bearish;
Breaking 1155 again means the trend is really broken.
Short positions, don't fantasize about a crash near 1500, use 1350 as the gate: if it climbs back to 1500/1560, admit the mistake; if it breaks 1350, look at 1207/1155.
For spot holders, it's simpler: hold above 1350, reduce if it breaks 1350, exit if it breaks 1155.$BTC today closed with a red D candle again.
What I pay attention to is not the red candle itself, but the buying power is no longer as strong as the 76k -> 81k -> 87k segment.
The price is still in a high range, but each push up to 86.5k - 87k starts to show clearer profit-taking pressure.
Looking at the cash flow.
-> ETF still had a session absorbing nearly 100 million dollars, so we can't say big money has withdrawn from BTC yet.
-> But futures OI has strongly increased again, funding is positive, and leverage is returning to the market.Quite a few macro news overnight, but the coin prices remained pretty calm.
Barkin stays hawkish, and the US and Iran are still negotiating.
BTC 86.2K, ETH 2750.
It's pointless to force a direction at times like this. Lots of news, prices don't move, that itself is information.
Let the market choose sides first.
$BTC $ETH In the entire crypto space, only Bitcoin has the highest certainty of rising in the long term and is the most worth holding for the long haul. Others, at most, add Ethereum, but its performance in the 2023 to 2025 bull market cycle is average.
Other so-called mainstream coins and altcoins are just fleeting illusions. In the future, when I encounter coins that have had a short-term burst, I will cash out these altcoins when sentiment is high and convert them into Bitcoin. Remember not to hold long-term; holding long-term most likely underperforms Bitcoin. Even when gambling on probabilities, convert to Bitcoin.
This is the investment principle of using the end to achieve wealth and guarding it with the principal. However, a small number of people only buy Bitcoin and still achieve great results without worry. This is also good. Actually, if I had just entered the space and only bought Bitcoin, the results would have been much better than now.
But now I use a barbell strategy, which is also fine. Most of the funds are used to buy Bitcoin and Ethereum, with a small portion to bet on new narratives, new assets, and to position for positive developments. Since I am full-time in crypto, I naturally research new projects to capture some alpha. But if you are part-time in crypto, just buy Bitcoin entirely; the results might even be better.Summarizing the main logic of the current round so far:
Altcoins:
1. Real revenue/buyback/RWA
Benefiting from Hyperliquid using the vast majority of its income for buybacks and token burns, many projects have started to follow suit. However, it is important to distinguish whether a project genuinely generates revenue and uses it for buybacks, or is just shuffling data from one hand to the other.
Due to the on-chain transaction boom driven by this wave of RWA, many related infrastructure metrics such as transaction volume, TVL, and revenue have experienced explosive growth. Combined with the aforementioned buyback and burn mechanism, this has fueled the current altcoin season. Unlike before, many tokens' price increases this time are driven by a positive flywheel of data growth -> revenue -> buyback, with tokens truly beginning to capture protocol value.
Representative tokens include $HYPE, $UNI, $RAY, $LIT, and emerging leading launchpads like $PONS, $STONK, and $AI can also be categorized here.
2. Privacy/AI
This line focuses more on narrative than data. Pumping naturally involves grand debates. The most typical example is $ZEC. Other strong tokens include $NEAR (privacy transactions, full-chain transactions, Naval's retweet), and $VVV (privacy AI, tokenized computing power).Over the past 24 hours, the crypto market has remained strong, but a change is starting to stand out: prices are still rising, but ETF inflows have noticeably cooled. BTC held above $86,000, ETH and SOL continued to rise slightly, but the market has shifted from a rapid breakout the previous day to a phase of high-level turnover. Meanwhile, BCH surged nearly 30% in a single day due to CME futures news, indicating that funds are shifting from a broad-based rally to more obvious event-driven rotation. Currently, the market is better defined as: cautiously bullish high-level consolidation. 📊 BTC holds at $86,000, sentiment begins to cool As of 09:24 HKT: BTC $86,665, 24h +1.20% ETH $2,769.42, 24h +0.81% SOL $119.06, 24h +1.12% Total crypto market cap about $2.956 trillion BTC market share 58.73% Fear and Greed Index: 71 — Greed, previous value: 78 — Extreme Greed. This was a significant change today. BTC prices remain high, but market sentiment has fallen from "Extreme Greed." This is not a bad thing. If the price can remain strong while sentiment cools moderately, it will actually help digest the previously overheated rally chase. On the other hand, 24-hour data shows a 1.68% drop in total crypto market capitalization, indicating widening market differentiation, and not all assets are following BTC's rise 💰 EWhat will be the ultimate fate of $CORE?
The most likely outcome for CORE is not an instant death, but rather being completely marginalized by the market through a prolonged period of decline.
Price-wise: Since the circulating supply continues to increase while demand remains extremely weak, the price will most likely experience a long-term gradual decline or sideways movement within the range of $0.0155 to $0.0255.
Liquidity-wise: As trading volume continues to shrink, some small and medium exchanges may gradually delist CORE like CoinEx did, further compressing its liquidity. At that point, even if you want to sell, you might not find enough counterparties.
Role-wise: CORE will gradually degrade from the former "BTCFi track star" to a neglected fringe asset, with its price fluctuations no longer related to any narrative, driven only by sporadic retail speculation.10u Position Week 1
First trade: Short +5U (already took profit) Sandisk
Second trade: Short -5U (already stopped loss) Sandisk
Third trade: Short (in progress) Gold
Fourth trade: Short (in progress) Sandisk
Still following the four essential principles for opening positions
1. Do not open positions at non-key support or resistance levels
Gold: Currently, on the 1h chart, gold is in a triple push bear flag and double top structure, meeting the conditions for shorting
Sandisk: Currently, on the 5min chart, a triple push bear flag and double top structure appear; 5min meets shorting conditions, 1h shows double top structure, and there was a major breakout last night, possibly filling the gap downward, returning to Fibonacci 0.5, then moving north
2. Do not open positions without signals
Gold: Observed a short signal K on the 1-hour chart and placed a pending order below
Sandisk: Signal K appeared on the 1-hour chart but the follow-through was poor; a short signal K appeared on the 5min chart
3. Do not open positions if no stop-loss level can be found
Gold: Double top structure at 4380.9
Sandisk: Double top structure at 1908.1
4. Do not open positions if the stop-loss is too large or the risk-reward ratio is too small
Gold: Currently, stop-loss is placed at the start of the triple push structure, with a risk-reward ratio of 1:2
Sandisk: The first stop-loss is placed at the start of the 5min triple push structure at 1858, with a risk-reward ratio of 1:1; if it breaks the start position, observe for exit signals. The second stop-loss is because the take profit is at the rising gap and Fibonacci 0.5 level, with a risk-reward ratio of 1:3Don't be fooled by this -1.95% bearish candle — it's not a collapse, but a settlement joint proactively left in the main structure before pouring.
I laid out $GALFT's chart on the drafting table. My first judgment: it's not crashing, but searching for a foundational bearing layer. It only sank 1.95% in 24 hours, not even enough to count as a cross-section loss of a structural column; the real safety indicator is the short-term RSI dropping to 32.7, below the buy threshold of 38, indicating the bottom-fishing is reinforcing near the lower band. The long-term RSI at 45.0 is still below the midline, the structure is intact but hasn't formed a continuous beam for an upward breakout. The whitepaper is just a rendering; community equity and event scenarios are the load-bearing walls. Here, construction quality must be assessed, not just facade renderings.
Looking at the Bollinger Bands: the short-term price is only at 5% position, just 0.1% from the lower band, and still 2.6% clearance from the upper band; the mid-term is even more extreme, price position at -3%, running close to the lower band at -0.1%, with 4.7% rebound space to the upper band. This means selling pressure has pushed the floor to temporary support, but the mid-term is still in negative deviation, indicating local over-excavation of the foundation, so don't blindly go full position on columns.
My construction plan does not chase highs. The current price of 0.91 is not unbuyable, but the cost-performance is like installing a chandelier in an unfinished shell before inspection. The real entry is at 0.87, 4.2% below the current price, waiting for the price to backfill to the short-term structural bottom before pouring. The first target is 0.97, corresponding to +6.7%, which is the first ring beam; the secondary target is 0.95, corresponding to +4.7%, serving as a safe unloading point. Stop loss is set at 0.78, 14.1% below the current price; once breached, it means the load-bearing wall has a through crack, and facade styling is no longer discussed.
📈 Long:
Entry: 0.87 (current price -4.2%)
Take Profit 1: 0.97 (+6.7%)
Take Profit 2: 0.95 (+4.7%)
Stop Loss: 0.78 (-14.1%)
Structural engineering only recognizes load paths, not sentiment; if $GALFT can't hold 0.78, the whole building isn't even worth stripping the formwork.🎣 The tide is rising, but that doesn’t mean it’s time to throw the entire net into the water. Bitcoin surged to around **$87,374 on Sept. 21**, marking its strongest level since late January. At the same time, the total crypto market briefly reclaimed the **$3 trillion** market-cap milestone. BTC has since cooled toward the **$86.4K** area, so momentum has slowed even though the broader structure remains active. Here are the numbers I’m watching: 📈 **ETF demand remains strong.** U.S. spot BitcIt's quite a feat for someone to lose twice on the same coin.
Garrett Jin previously shorted ZEC and lost $35.44 million; I had to read that number three times to make sure I wasn't mistaken.
Then he switched to going long, trying to recover, but after holding the position for 7 hours, he closed it and lost another $79,000.
Honestly, my first reaction when I saw this news was: isn't this something every newbie has done—losing, refusing to accept it, switching direction, and ending up getting hit on both sides.
But there's a key detail: he still holds over 200,000 ZEC in spot on-chain, and that part is still showing unrealized gains.
So the really interesting part isn't that he lost this $79,000, but what he plans to do with that pile of spot coins in his hands.
I guess he probably won't touch contracts again in the short term, but as for the spot portion, as long as ZEC doesn't experience a major correction, he'll most likely hold onto it.
#ZEC巨鲸3.8万枚空单平仓，亏损超3500万美元 $ZEC What stage is the current crypto market in?
A semi-efficient market
Why?
Because there are many retail investors and small to medium institutions
What problems does having many retail investors cause?
Everyone is a "noob" trader
They trade using "single-layer thinking" like MACD, support levels, Chan theory, Fibonacci, candlestick patterns, RSI
And because there are so many "noob" traders using "single-layer" thinking, the market ends up being dominated by "single-layer" thinking
At this time, those catchy "single-layer" trading rules work very well
For example:
Volume surge with price increase, volume spikes, breakout from low, main upward wave starts
Volume surge with price drop, volume expands, high-level breakdown, trend weakens
Volume contraction with price increase, volume decreases, upward consolidation, strong correction
Volume contraction with price drop, volume shrinks, bottom shakeout and pullback, weak downward drift
But these so-called market rules are almost ineffective in an "inefficient market"
Summary:
Inefficient market, game between whales ------------ Efficient market, dominated by retail investors
Three-layer thinking, clear participants ---------- Single-layer thinking, chaotic participantsA brief record: this $SOXL trade actually doubled.
I just woke up around nine in the morning and casually checked my account. Wow, this SOXL Martingale that’s been running for 8 and a half days has a total return of 100.82%.
I initially invested only 40U, and now I’ve earned 40U, doubling my money. Looking at the market now, the price is 149.49, my average holding cost is 151.38, so the floating profit is still slightly negative by about 2.5. But thanks to the previous 48 cycles, the Martingale strategy has been quietly buying low and selling high, and the arbitrage profits have long covered the cost.
I don’t have much principal, usually just play with small positions slowly. I opened this trade because I thought semiconductors had dropped enough, then I just held it casually without watching much, letting it roll on its own.
Although there’s a slight floating loss today, the overall profit is completely locked in now. No big deal, I’ll keep holding and wait for it to break through the 153 take-profit line, then I’ll comfortably take the money and leave. Slowly accumulating, no rush.
#BTC冲高$87000，加密总市值重返3万亿 $BTC remains the liquidity anchor of the market, while $ETH is testing whether it can narrow the relative performance gap with BTC.
Recently, with market risk appetite rebounding and BTC stabilizing at a high level, whether funds will further spread to ETH and other large alt assets has become an important observation point for the next phase.
Key points to watch
ETH/BTC:
ETH/BTC breaks above approximately 0.035
→ ETH's relative strength begins to improve
→ Rotation signals strengthen
ETH/BTC oscillates between 0.033-0.035
→ The market is still in a BTC-dominated phase
→ Rotation is not yet fully confirmed
ETH/BTC falls below approximately 0.033
→ BTC's relative advantage continues
→ Altcoin diffusion rally may continue to be limited
Also pay attention to spot trading volume, ETF fund flows, open interest, and funding rates. A single day’s rise does not equal a complete market rotation; sustainability is the key.
BTC holding steady + ETH/BTC rising + ETH volume expanding
may indicate that funds are spreading from core assets to a broader market.
The real question is not who gains more, but who can consistently outperform.
#财报观察员：好市多Q4财报即将公布 #AMD市值突破1万亿美元，芯片股集体大涨 #BTC冲高$87000，加密总市值重返3万亿 I opened a BTC long around **$85,791 with 20x leverage**, and the position is currently showing a solid unrealized gain. I ignored several earlier rebounds, but this move has become much harder to dismiss. BTC pushed toward **$87K**, total crypto market cap moved back above **$3T**, and sellers still haven’t managed to force a deeper breakdown. The bigger picture is also interesting: Strategy and other corporate treasuries continue accumulating BTC, while ETF demand remains an important source oCORE latest at $0.021—0.022, market cap about 32 million, down 99.7% from the 6.4 peak. In September, validators received excess rewards → hard fork destroyed over 150 million tokens, but about 69 million “ghost coins” have flowed off-chain and were not recovered, showing a transparency flaw.
Has a BTCFi shell (Satoshi Plus, lstBTC, SatPay, revenue buyback route), but on-chain income is small, circulation over 1.5 billion, 24h volume ranges from several million to tens of millions of dollars, thin market + continuous unlocking selling pressure, BTC will be killed first if it returns to 80,000.
Assessment: Oversold chips are not value coins. If the previous low of 0.0167 is not broken, it can rebound ≤5% like altcoins; if broken, look at 0.013—0.015; if it cannot hold 0.025—0.027 on the rebound, reduce holdings. Do not dollar-cost average or leverage; a real reversal depends on SatPay income, buybacks exceeding unlocks, and TVL breaking 100 million.$CORE
1 How is it? Many people said in 2020, I just play for free, don't invest money, what can they scam me for? Is it exactly the same as what players say in that airdrop, Pi coin: I just play for free, what can they scam me for? It's that your understanding is insufficient.
2 The most powerful part of the scam is: it doesn't force you, it lets you deceive yourself, and you will find more rational excuses for the scam yourself! Opened the market early, feeling a bit strange.
It's not that I lost money, but after the rise, there's this blank feeling of "what now." $BTC fell back from 87,000 to around 86,000, and $ETH softened a bit too. The thrill of short sellers getting crushed yesterday is gone; today feels more like digestion.
I talked with a friend, and he said the scariest thing is this sideways movement—you can't sleep when it rises, but when it's sideways, you can't help but want to make moves. I'm stuck here now: my position is still there, but my hands are steadier than yesterday.
$SOL is resting too, altcoins have some heat, but many coins that surged earlier have dumped by evening. Don't take others' screenshots of sudden wealth as your own playbook.
Are you thinking of adding positions early in the session, or waiting to see if 86,000 holds before making a move? Just say your honest thoughts, no need to pretend to be an expert.📂 20U Real Account Record 096
💰 Principal: 20U
📈 Profit on this trade: Floating profit
✅ Cumulative earnings: About +73U
📌 Current position: $UNITREE
Here are some real-time data points that just came out today
1. Total crypto market cap intraday returned to $3 trillion, BTC spot ETF net inflow of $998.9 million in one day
This is the highest in 2026 year-to-date and the largest single-day inflow since late October 2025. BlackRock iShares BIT leads with $381 million inflow, ARK Innovation ETF $289 million, Fidelity FBTC $239 million. This happened after the interest rate hike was finalized and the CLARITY Act was rejected—bad news is all out, institutional funds are accelerating entry
2. BTC intraday high reached $87,363, over $1 billion shorts liquidated within 24 hours
Glassnode points out that $BTC has retaken the long-term moving average that had been resistance for about 300 days, hitting a nearly four-year high. Currently, long leverage accounts for about 71%, shorts about 29%
3. Analyst: SOL is approaching the end of a five-year cup and handle pattern.
Peter Brandt notes that $SOL is completing a five-year span cup and handle compression phase, ATR converging to 17.51, ADX below 25, trend not yet clear. The $240-260 range is the key zone to confirm a breakout, $80-85 is the lower boundary for structural failure#SOL continues its upward momentum, with capital and on-chain demand resonating
This wave of SOL's continued rise is not simply because the "K-line looks good"; the core is that both capital and on-chain demand are simultaneously driving it.
Capital side: Risk appetite is warming up, liquidity is flowing out from BTC to high Beta assets, and SOL, as a highly elastic L1 asset, naturally absorbs the incremental inflow; exchange balances are decreasing, indicating more tokens are shifting to medium- and long-term holding.
On-chain side: Multiple sectors including DeFi, DEX, payments, RWA, and Meme are active. After new addresses and transaction volume pick up, network usage fee demand is ignited—there is money coming in, and real usage supporting it, which is different from pure sentiment-driven rallies.
In short:
Capital is the fuel, on-chain demand is the engine. Relying on capital alone is fragile, relying on ecosystem alone without buying pressure won't lift it; the resonance of both feels like the main theme.
But don't get carried away: SOL is high Beta, it rises sharply and falls hard. The focus going forward is on three things—
1) Whether capital continues to spill over from BTC
2) Whether on-chain activity can be maintained
3) Whether SOL overreacts with a sharp drop during market pullbacks
Personal observation, not a trading call: This wave feels like a "fundamentals + sentiment" resonance, not a mindless altcoin season.CORE is about $0.02, with a 24h volume of several million to about 5.9 million, thin order book and small market cap. On 8/31, validators exploited the Satoshi Plus reward vulnerability to over-issue tokens; on 9/3, the v1.0.26 hard fork was executed with no rollback, protocol destroyed over 150 million tokens (some sources say 186 million + recovered 69 million), exchanges resumed deposits and withdrawals, but the "release schedule credibility" has been discounted.
In 2026, revenue buybacks will switch to BTCFi (lstBTC/SatPay/AMP), the direction is correct but SatPay is delayed, and actual monthly buybacks are far less than linear unlocks, so buying pressure cannot absorb the sell pressure; Stacks/Babylon also cause diversion.
Conclusion: do not bottom-fish; if 0.0175–0.018 holds, a very small position can be taken to bet on a rebound; if it breaks the previous low, reduce holdings; a rebound to 0.023–0.026 is for repair, and stabilization at 0.02 is just oversold. Position size <5% of altcoins, no leverage; a true reversal depends on monthly buyback volume > unlock volume + native TVL growth.Costco's earnings report is about to be released—why is it worth watching alongside yesterday's central bank news?
Costco will announce its Q4 2026 financial report on September 24. Before the official report, the company had already reported Q4 sales of about $93.9 billion, up 11.3% year-on-year, with comparable sales up 9.4% and digital sales up 19.8%. So what the market really wants to see this time is not just whether profits exceed expectations, but whether American consumers still have enough purchasing power.
Why is this related to yesterday's central bank news?
Because the market is currently trading two sets of logic simultaneously.
On one hand, the central bank has once again clarified the regulatory boundaries for domestic virtual currency business, with particular emphasis on the issuance of RMB stablecoins; On the other hand, the central bank has signaled continued to expand financial openness, optimize cross-border payments, and promote the international use of RMB.
This means an interesting divergence: traditional finance and the digitalization of the real economy and cross-border payments are still evolving, but the unregulated financial nature of virtual currencies remains strictly limited.
Back to Costco: if the earnings continue to prove U.S. consumer resilience, market concerns about a "hard landing" in the U.S. economy may be further diminished, and risk asset tolerance will correspondingly strengthen.
This transmission to the crypto world is not "Costco up = BTC rise," but rather:
U.S. consumer resilience → improved economic expectations→ U.S. risk appetite → global risk assets→ BTC and crypto sentiment.
So what's next to watch is actually worth observing👀 There's an intriguing detail in today's market.
ETF inflows aren't as strong as yesterday.
On September 22, $BTC spot ETF net inflow was about $105 million, and $ETH about $37.7 million.
Funds are still coming in, but clearly not as aggressively as before.
Yet the price isn't really cooperating.
Big brother $BTC is still hovering around 86,490, close to the 87,400 high.
$ETH is stuck near 2,760, not far from 2,810.
This indicates one thing:
The current rally is no longer solely driven by ETFs.
Sell orders are being absorbed, and even with slower inflows, prices aren't weakening noticeably.
This kind of market action is actually more worth watching than a pure violent surge.
Of course, we shouldn't jump to conclusions yet.
If funds continue to cool down but prices hold steady, the market's ability to absorb will be further confirmed.
Conversely, if prices start to falter, the previous strength needs to be reassessed.
Tonight, I won't speculate on ups or downs.
Let's just see if these two levels can hold. 🔥
This is just my personal market observation and not trading advice.
$BTC $ETH 300u Challenge 100000u Day 6
Initial principal: 300
Current total assets: 447.64
Today's profit: +39.61
Yesterday, the additional Hynix position got stuck, but fortunately, the strong rally in the US stock market in the evening helped me break even. Today, I will trade Changxin Storage. This trade is more right-side; it might get stuck in the short term. Long term, I see 150 yuan. I am referring to the A-share price.
Current price: 58.84 Resistance above at 59.5 yuan, recent high point. After breaking through, look near 62 yuan.
Support: 57 yuan. This is the recent lower boundary of the consolidation. If it breaks down effectively, the short-term rebound structure will weaken.
The market characteristics are news-driven upward movement. On September 20, the official announcement of G5 fifth-generation DRAM process mass production, combined with LPDDR5X entering the mobile phone supply chain, catalyzed this round of rebound.
Fundamentally bullish. Industry cycle: Global DRAM is in a prosperous upward cycle driven by AI servers. Storage chips continue to rise in price. Industry supply and demand is tight. Changxin's global DRAM market share approached 10% in Q2, ranking fourth globally and the only mass-production DRAM manufacturer domestically. So I am very optimistic about Changxin because I am also trading it in the A-share market at a price of 53.
Buy cyclical stocks when no one cares, sell when everyone is clamoring, right? $CXMT #Apple、Google recruiting talent related to stablecoins, possibly entering crypto payments?
Latest data: Apple has opened a financial strategy position for Apple Pay, prioritizing candidates familiar with stablecoins and tokenized deposits, exploring consumer-end payment integration; Google Cloud is recruiting a Web3 architect in Hong Kong, focusing on institutional stablecoin payment networks and RWA infrastructure. Neither company has officially announced issuing their own stablecoin, both are still in early technical research stages. The news has driven a short-term rally in the stablecoin sector.
Market consensus: Bulls believe the entry of these two tech giants represents traditional tech giants officially embracing on-chain payments, signaling long-term growth for the stablecoin sector; cautious voices point out that recruitment does not equal product launch, regulatory barriers are very high, and it will be difficult to launch commercial services in the short term, mostly just sentiment-driven speculation.
Underlying logic analysis: Apple leans towards consumer-end payment scenarios, while Google focuses on institutional tokenization infrastructure. The entry of major companies will broaden stablecoin use cases, but business will strictly proceed within compliance frameworks, and this track is separate from native public chain crypto assets, so it will not directly bring a large influx of new funds to BTC.
Personal view (personal opinion only, not investment advice): This is a long-term positive for the industry; short-term is just sentiment-driven. Do not chase stablecoin-related tokens at high prices; focus on regulatory approvals and product launch progress going forward.9/23 Crypto Daily Report
The US and Iran made some progress today.
Trump said US officials held a three-hour meeting with Iran, describing the process as "productive," and mentioned there is a chance to reach an agreement after the midterm elections. Iran also confirmed the meeting and openly laid out their conditions: lifting the maritime blockade, unfreezing assets, and ending all wars on every front. This is the clearest statement of positions from both sides since this round of conflict began.
The Prime Minister of Qatar was present overseeing the meeting. Sources say this meeting was not arranged on the fly but scheduled in advance. Iran denied rumors about "opening the strait for 7 days," but the Revolutionary Guard softened their stance verbally: "Negotiations will happen if it serves national interests." Trump said he is willing to meet in New York if the conditions are right.
Both sides are leaving room for maneuver, which is much more pragmatic than the previous harsh rhetoric.
On the other hand, Saudi Arabia’s actions are more concrete—the east-west pipeline has indeed restarted, Yanbu port has resumed exports, and Asian refiners have received informal assurances. Rumors are turning into reality; this pipeline is more worth watching than Middle Eastern political rhetoric.
#MiddleEastSituation #USIranTalks #美伊再交火、油轮遇阻，布油重返90美元 Originally, I only wanted to trade between 225 and 230, but I ended up holding Nvidia for almost two weeks and finally closed the position 😮💨. Opened long at 225, fully closed at 229.99, held for over 13 days, single contract realized a return of +95.87%. When it dropped near 212 earlier, it was really tough. Now that it's closed, my first feeling isn’t excitement, but relief that I no longer have to worry about it.
At the time I was willing to go long, I wasn’t just betting on "AI demand booming." Nvidia’s earnings report on August 26 showed revenue up 106% year-over-year, with a gross margin still at 75%. For me, the fact that the business can grow this big and still maintain such a healthy profit margin is more convincing than just a single revenue growth figure.
I’m more inclined to bet that as customers increase their computing power investments, Nvidia can still retain profits from that, rather than just expanding rapidly and ending up with only hype. However, the next quarter’s gross margin guidance midpoint is 74%, so it’s not just going up. Good businesses still need ongoing validation; you can’t rely on one quarter’s report to justify all future buy points.
Looking back at the Micron chart from earlier, that trade ended in just over an hour; this Nvidia trade took over 13 days. The returns on both charts look similar, but the drawdowns endured and time occupied are completely different. If you only look at the final return, it’s easy to mistake a hard-fought profit for a beautifully executed trade.
229.99 has already reached near the original target of 230, so I won’t add any more drama this time. If the company continues to grow, I can still pay attention without having to express optimism by holding the position continuously. September 23｜UNI heats up, Arc fee toggle still on the governance path
Last week, Uniswap deployed v2, v3, v4, and UniswapX on Circle's Arc mainnet simultaneously. What’s worth understanding today is not that another chain has been added, but that the community is voting on whether to include Arc in the protocol fee and UNI burn system.
The Snapshot window for this temperature check is from September 18 to 23. If passed, further on-chain voting will be required to enable the corresponding fee mechanisms for v2, v3, and v4 on Arc. The path already running on other chains is: protocol fees go into TokenJar, external executors pay UNI to claim assets from it, and the corresponding UNI is burned.
Arc uses Wormhole NTT to connect synthetic UNI with native UNI on Ethereum, and cross-chain messages map burns on Arc to the mainnet. The mechanism ties fees to token supply, but it is not an automatic buyback nor does it guarantee value appreciation.
The current boundaries are clear: the proposal has not been executed yet, some Arc fee contract addresses are still pending, and future burn scale depends on Arc’s real trading volume, protocol revenue, and the stability of cross-chain infrastructure. Neither the hype nor governance progress guarantees returns.
$UNI #UNI
For informational purposes only, not investment advice.AMD has surpassed one trillion! The AI market is really here, and Bitcoin is surging along!
Brothers, AMD's market value has exceeded 1 trillion USD for the first time, rising over 9% in a single day. Nvidia, Broadcom, TSMC, Intel, Arm, and Qualcomm have also collectively strengthened.
This wave is not just simple speculation; the core is that the market is starting to reprice AI inference computing power. With the accelerated adoption of AI Agents, demand for servers, CPUs/GPUs, and data centers may continue to grow. AMD breaking one trillion essentially means capital is betting: AI training is just the beginning, inference could be the next big cake.
Even more interestingly, while tech stocks are strengthening, Bitcoin has surged to around $87,000, the total crypto market cap has returned to 3 trillion, ETF funds are flowing back, and short liquidations are increasing.
This logic is worth the crypto community's attention: AI chips → computing power → tech stock risk appetite → capital sentiment diffusion → crypto market.
Of course, whether sentiment can turn into a sustained market ultimately depends on orders, performance, and capital flow.
If the AI market continues to spread, will the crypto sectors of AI, computing power, and DePIN become the next stop?
#AMD市值突破1万亿美元，芯片股集体大涨 #BTC冲高$87000，加密总市值重返3万亿 $BTC What is Sunism?
Sun Yuchen himself gave the simplest definition: "The essence of Sunism is winning."
1. Reject the "factory settings" of society
In youth, invest time, energy, and trial-and-error costs into high-growth tracks, rather than being locked down by mortgage and family responsibilities.
2. Cognition > Effort, Direction × Cognition × Leverage × Time
It's not about working hard blindly, but about finding future growth: early heavy investment in Bitcoin, Tesla, engaging in TRON/DeFi/NFT/RWA/stablecoins/AI, seizing narratives, concepts, and attention.
3. The "Three Nos" before 30
No buying a house, no buying a car, no marriage (early version). The core is not asceticism, but not letting heavy assets and consumer debt consume your leverage for a comeback.
4. Attention is currency
Bidding for Buffett's lunch, spending $6.2 million on a banana, writing "My Girlfriend Jing Tian," associating with the Trump family/space/art circles—controversy is also traffic, bad publicity is still publicity, and traffic ultimately leads into the TRON/HTX ecosystem.
5. Result-oriented, never leave the table
Don't care about appearances, but whether you survive, have resources, exposure, and a comeback. Not dying in a bear market, not disappearing under regulatory pressure, continuing to tweet despite ridicule—this is what Sunism's most devoted followers admire.
In a nutshell
Sunism = cognitive upgrade + seizing trends + extreme marketing + embracing risk + attention arbitrage + never giving up + only recognizing results. 🔥 ETF inflows cool down, but BTC / ETH prices remain firm
On September 22, spot ETF funds continued to maintain net inflows, but slowed significantly compared to the previous trading day:
₿ BTC ETF: +$104.5M
Cumulative net inflow about $56.3B
♦️ ETH ETF: +$37.7M
Cumulative net inflow about $13.6B
Meanwhile, BTC is still fluctuating around $86.5K, ETH remains near $2.76K, not far from recent highs of $87.4K and $2.81K respectively.
What’s more noteworthy is—
ETF buying has weakened, yet prices have not significantly broken down.
The day before, the US spot BTC ETF recorded nearly $1B in single-day net inflows, and the ETH ETF reached about $270M; BTC once broke through $87K before pulling back.
This means the market now truly needs to watch not just ETFs:
💰 Will spot funds continue to support?
📉 Is short covering still providing liquidity?
🏦 Can institutional/corporate buying take over?
📊 After BTC’s breakout, can ETH continue to follow?
Regarding ETH, Reuters pointed out that ETH has broken through the key resistance near $2,661 and entered a new technical structure phase; while BTC, after recently hitting an 8-month high, has also seen clear battles between bulls and bears.
The core issue has changed:
ETF inflows are slowing I glanced at the market this morning; BTC is hovering around $86,000, down about 0.2% in 24 hours, quoted at approximately $86,400. Honestly, I was a bit excited when it surged to $87,363 yesterday—that was the highest since January. But today's consolidation feels more reassuring than a direct surge.
The most intuitive feeling from this rise is that the shorts have been "bloodied." CoinGlass data shows about $535 million in short liquidations in the past 24 hours, with over $1 billion in short liquidations across the entire crypto market. In a trading group I follow, friends who were previously shouting short have all gone silent today.
ETF capital is also cooperating. On September 21, the US spot Bitcoin ETF saw a net inflow of about $1 billion in a single day, the highest since late October 2025, with BlackRock's IBIT alone contributing $380 million. Institutional funds are entering with real money, which is more convincing than just contract-driven rallies.
There are two key levels ahead: the upper range of $87,000 to $90,000 is the first substantial test. Deribit options data shows about $2.7 billion in open interest near the $90,000 and $95,000 strike prices. On the downside, if $80,000 to $82,000 can hold, this breakout is more likely to evolve from a short squeeze into a trending market. The September curse will most likely be broken this year; the price has already risen just over 10% this month. Let's wait and see. $BTC $ETH $XAUT #BTC冲高$87000，加密总市值重返3万亿 500U Challenge to 1 Million | Day 11
Initial Capital: 500U
Current Net Value: 714.56U
Profit/Loss: +214.56U (Total) | 27.66U (Today)
Profit Rate: +42.91% (Total) | 4.03% (Today)
Unconsciously, the 500U challenge to 1 million has reached day 11. Last time, after a rise to 87,000, it pulled back to around 85,400 where I added positions. After adding positions near 116.8 for SOL, I replenished my position today due to personal matters but did not perform any T operations.
Today's market fluctuated with a slight upward trend. The account profit was 27.66U, total net value increased by 214.56U, and the 11-day profit rate reached 42.91%. Considering the position control was within 5x leverage, I am quite satisfied with this return. The main disappointment is that the heavy U-based position losses have not yet been recovered. The 220U capital then is now only 185U, a loss of 35U. Meanwhile, the BTC spot bought with 160U at that time was 0.00207 BTC. Through coin-based contracts, the current spot holding is 0.0038 BTC, with a net value of 337U, successfully doubling the capital with a 109% gain. SOL was bought with 120U for 1.2 coins; currently holding 1.83 coins worth 218U, a capital growth of 81.5%. Only the 220U U-based capital was not utilized well and dragged behind.
Therefore, contracts really cannot be rushed. I believe slow is fast, and fast is slow. I will continue to hold long positions waiting for a rise.
The above is my personal trading experience record and does not constitute investment advice!