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⚛️ QUANTUM COMPUTING THREATENS MORE THAN BITCOIN.
G7's Cyber Expert Group published a non-binding roadmap: prioritize migration of critical financial systems to post-quantum cryptography by 2030–2032. Complete non-critical systems by ~2035.
Bitcoin's BIP-361 proposes a three-phase migration. Phase A: ~3 years after activation, new transactions to legacy addresses are restricted. Phase B: legacy signatures invalidated at consensus level.
Banking, payments, and HTTPS face similar
#DailyOrbit Let's talk about $FIL
It has been consolidating since the halving event.
The expectation was that the hype would end early and the positive news would be realized; miner unlock sell pressure continues, with no new funds entering the market.
Halving does not necessarily mean a price increase; supply reduction still requires demand and capital support.
At this stage, it's suitable to wait and see, not to hold heavily and expect a surge.
Are there any friends still holding FIL?
#9月FOMC纪要公布，多数官员倾向再加息 #BTC现货ETF创近三个半月最大单日净流出 #跟着OKX打卡2049 📉 Friday's health check report for the five major coins, updated with tears:
BTC heart rate at 82,000, arrhythmia. The September FOMC minutes just dropped, most officials grit their teeth saying there will be one more rate hike this year. There's an 80% chance of no change in October, but the December rate hike sword is already hanging overhead. ETFs saw a net outflow of 487 million on Wednesday, with BlackRock itself pulling out over 200 million, not a single net inflow. It's not that funds don't trust $BTC, they just dare not go against the Fed. 82,000 is the life-or-death line this week; if held, there’s some breathing room over the weekend, if not, next week heads straight to 79,000 — on-chain whales say if 79,000 doesn't break, they will keep holding. Don't make any moves today, just watch the market.
$ETH at 2,500.23, temperature still dropping. Big brother Maji's liquidation line is 2,473, only about twenty-some dollars away from the current price. The 2,500 integer level is not a technical point, but the last string of bullish sentiment across the network; breaking it triggers a chain liquidation. $ETH ETF has had seven consecutive days of net outflows, BlackRock’s ETHA withdrew 116 million in one day. Just stepped on 2,500 this afternoon, like walking a tightrope. This position today is more critical than BTC, watch it closely.
$SOL at 112.27, blood pressure high, but the worst part isn’t the price drop, it’s that no one is rescuing it. $SOL ETF had a net outflow of 4.8 million in one day, volume is small, signal is cold — big holders are indeed moving money from $SOL to $BTC, not panic, but strategic retreat. If 115 breaks, below 110 is the Bollinger Band lower support level; if held, 115 is still possible, if not, straight down to 105. Don’t touch it, really don’t.
$OKB at 124.59, oxygen level low. The excitement from ICE’s stake pushing it to 128 is completely gone, the OKXICE news has been digested, platform tokens still have to breathe with the overall market. If 125 breaks, and 124 can’t hold, then 120 is next. The story of all the good news being priced in is always the same.
$RE at 0.45733, heart rate normal, but no one cares. 24-hour trading volume is 7.6 million, market cap 68 million, liquidity pitifully thin. 0.45 is the last wall; if broken, this story won’t even have listeners. Not touching it isn’t bearish, it’s just unnecessary.
#全球长期国债收益率升至多年高位 #BTC现货ETF创近三个半月最大单日净流出 #9月FOMC纪要公布，多数官员倾向再加息
Doing nothing today is better than doing wrong. Over the weekend, watch 82,000 and 2,500; these two levels will set the direction. The Federal Reserve's minutes from this meeting were indeed quite hawkish.
Having just raised rates by 25 basis points in September, most officials still lean toward further hikes within the year. Interestingly, however, the market's bet on a rate hike in October has dropped from about 70% to 20%.
I think this doesn't mean the market doesn't believe the Fed, but rather everyone understands that tough talk and actual action are two different things.
Inflation hasn't been resolved yet, so the Fed certainly won't ease up easily. But whether the economy can withstand consecutive rate hikes is also a question.
For me, simply using the "hawkish minutes" to judge the direction of the US stock market and BTC no longer holds much significance.
After all, the market trades on expectations, not news headlines.
Once the CPI is released and inflation continues to exceed expectations, funds betting on a pause in rate hikes will need to be repriced; if data starts to cool down, no matter how harsh the Fed's rhetoric, the market may not necessarily buy it.
The ones most likely to suffer during this period are those who chase the dip on bad news and chase the rally on good news.
Especially when policy expectations swing back and forth like this, the news itself may not be scary, but sudden changes in market expectations can easily cause big volatility.#9月FOMC纪要公布，多数官员倾向再加息 $CRV This short at 0.3924 has now reached 0.344, with 50x leverage and over 610% floating profit. $ZEC
On the 4-hour chart, after a large bearish candle broke through the moving averages, it is currently oscillating with small K-line rebounds above 0.3265. Volume has shrunk from 17M previously to 9.7M, a typical volume contraction after a sell-off for recovery. The market feels like: the dense moving average zone between 0.36-0.39 above is suppressing price, and without volume it simply can't break through. The rebound at 0.344 is just handing chips to the bears. $SOL
But honestly, after dropping so much from the high of 0.3991, chasing shorts at the low is not very cost-effective. The biggest risk with 50x leverage is a long lower shadow pin bar rebound near 0.3265, causing profits to retract very quickly. My current strategy: keep the base position holding below 0.3265, but do not add positions on rebounds near 0.36; if it breaks back above 0.36, reduce positions to defend. With big profits in hand, don't be greedy for the tail end; locking in profits is real money. #9月FOMC纪要公布，多数官员倾向再加息 Brothers who chased shorts near $ETH 2400 and got stuck, stay calm! This is just a corrective rebound after the decline; the rebound is over!
The second waterfall drop is coming, targeting below 2400!
Looking at the daily chart, the previous high of 2806.96 formed a top, and the long-term bearish structure has already taken shape.
The current price is rebounding, but EMA5, EMA10, and EMA20 moving averages are all forming a resistance zone above. The rebound lacks volume and is a corrective move within a downtrend, not a reversal.
KDJ and RSI are slightly rising from low levels, merely a technical rebound after overselling, with no sustained bullish momentum.
Market projection:
After this rebound absorbs short-term bottom-fishing funds, bearish forces will release again, starting the second round of decline.
Below 2400 is the target for this downtrend, and the window to exit trapped short positions is within this downtrend.
Trading strategy:
Hold your short positions patiently; don’t get shaken out by the short-term rebound.
The strong resistance zone is between 2550-2600; if the rebound reaches this pressure area, consider adding to shorts accordingly.
Short-term long positions should be cautious; this rebound is an exit opportunity, not a chance to heavily bottom-fish at high levels. #全球长期国债收益率升至多年高位 #9月FOMC纪要公布，多数官员倾向再加息 如昨天所说，行情开始回调，现在又稍许反弹。 今天文章主要说三个方面。 今天比特币周四失守81,000美元关键支撑位，盘中最低触及80,397美元，抹去9月份涨幅的一半以上，较9月21日87,354美元高点回撤约5.6%。 当前BTC报约81,800-82,000美元区间，24小时跌幅约1.7%。 以太坊跌破2,500美元至2,468美元，XRP跌6%，狗狗币跌7%，ZEC、HYPE等前期强势币种同步回调。 过去24小时，全网爆仓总额高达9.19亿美元，其中多头爆仓占比91.25%，近8.4亿美元的多头杠杆被定向清洗。 仅比特币多头就有1.72亿美元被清算。 加密恐惧与贪婪指数今日已跌至28-30区间，从上周的贪婪骤降至“恐惧。 但今天的三重利空，本质上是三个心理层面的恐慌，而非基本面变坏了。 1， 美债5.3%创2002年以来新高 十三个人认为，这才是后面行情最大的压力，且这一波回调的主要动力也源自于此。 10月8日，10年期美债收益率升至5.305%，2年期升至4.821%，双双刷新2002年以来最高水平。 美国财政部债券收益率升至24年高位，官员将其归因于利率预期、AI驱动的经济增$SAND had only 5 withdrawals in the past 24 hours, totaling approximately $3,766,506, making it one of the highest amounts on the list for the day.
Mainstream CEX withdrawal trends in the past 24 hours (from 14:00 yesterday to 14:00 today), categorized by fund destinations, are as follows.
1. Withdrawals to on-chain wallets
ASTER 7 transactions totaling about $721,842, Binance transferred to unlabelled EOAs 3 transactions. VVV Bybit transferred to unlabelled EOAs 3 transactions. Lobster Gate transferred to unlabelled EOAs 18 transactions.
2. Transfers to Korean exchanges
$VIRTUAL 32 transactions totaling about $1,845,513, Bybit to Upbit 16 transactions, Bithumb 7 transactions. SAND Gate to Upbit 3 transactions. ENA Gate to Kraken 7 transactions, Upbit 3 transactions.
3. Large amounts with few transactions
SAND 5 transactions totaling about $3,766,506.
4. Recent acceleration
Lobster all day 41 transactions totaling about $2,521,108, in the last 4 hours 23 transactions totaling about $1,632,113. $ZRO in the last 4 hours 5 transactions totaling about $311,724.
Data sourced from FlowLens monitoring. Withdrawals are unrelated to direction, only on-chain movements, and do not constitute advice.
#OnChainData #Withdrawals #CEX$BCH opened a 20x short position at 300.7.
The overall market weakness is putting pressure on BCH from above; multiple attempts to test the highs failed to break through, with selling pressure continuously accumulating, then starting to decline. The current mark price is 281, with an unrealized profit of 131.02%.
In the downtrend linked to Bitcoin, it is difficult for major altcoins to independently buck the trend. The small intraday rebound is just a technical correction and should not be taken as a reversal signal.
Protective stop loss has been raised to 294 to lock in profits and continue holding the position while waiting for further downside space to open up. $ETH #9月FOMC纪要公布，多数官员倾向再加息 Anthropic plans to advance its IPO in November, aiming to go public before Thanksgiving, but the exact timing may still change.
For Crypto, the biggest significance of this event is
whether the market can continue to sustain high valuations for AI assets.
If the IPO receives strong funding support, it indicates that global venture capital still highly favors AI, and Crypto may continue to face short-term capital diversion.
But if the market starts to doubt the high valuations of AI and massive capital expenditures, then funds might look for other high Beta assets again.
So the core focus of the Anthropic IPO is
it will tell us whether global venture capital is still willing to keep paying for AI in the next phase.
#Anthropic拟11月启动IPO，目标于感恩节前上市 #9月FOMC纪要公布，多数官员倾向再加息 #ETF仍在流入，BTC为何下跌？ $BTC $ANTHROPIC $ETH *Bitcoin Latest October 9 09:00 Full Market Snapshot*
*Current Price: $BTC $82,100 / $ETH $2,490 Market Testing Buy Orders*
*1. Price $80,000 Support $85,000 Resistance*
The $BTC $82.1K you’re watching is stabilizing, $80K support is your lifeline and also the liquidation line for the 98k whale at $80,500, my TP1 is $80,000. Resistance at $82,800-$83,500 with short order box $81,164-$83,636 stop loss at $86,000; breaking $83,500 triggers short covering, targeting the $85K institutional cost line Strategy $85,838, breaking $85K squeezes shorts. $ETH $2.49K broke below $2.5K, support at $2.40K which is my second red line from September 29 at $2,360, resistance at $2.60K which is the first red line at $2,560 piercing $2,587.
*2. Capital Flow $1.1B Liquidations + Largest ETF Outflow*
In the past 24H, long liquidations totaled $1.1B, surpassing the drop below $60K wave. #BTC spot ETF recorded the largest single-day net outflow in nearly three and a half months, ETH also saw outflows, reducing exposure is not profit-taking, global long-term bond yields at 5.34% remain at multi-year highs with FOMC hawkish stance. Spot volume shrinks, $SOL dog coin $172M accounts for 55.8%, $GIGGLE depth $6.9K compared to $UB $254 $RE $193 shows resilience, indicating money is moving to small caps for gambling,Missed ETH, saw Sol and BNB, this time I don't want to stay empty-handed on X Layer
21 million. After burning over 60 million OKB, the total supply is fixed at this number, on the same scale as Bitcoin.
I missed the ETH wave. In 2017, I was still quoting printing factories, and had barely heard of what was on-chain. I personally witnessed Sol and BNB: a chain first gains popularity, then has meme coins, then real protocols, and finally gas tokens and exchange gateways get revalued together. This time with X Layer, I don't want to just watch from the sidelines.
Three chains, the same script.
1 ETH won early with developers and narrative. By the time retail investors enter, it's often already the second act.
2 Sol wins with speed and low cost. In 2024, memes boosted daily active users, and SOL followed the wealth effect.
3 BNB wins with Binance's distribution. When fees drop and events start, funds circulate on-chain, and profits from base coins rising are not rushed out but rather switch tracks within the chain. Some call this the L1 wealth effect.
X Layer is now stuck at the same position. It is OKX's zkEVM, with OKB as the only gas. Officially about 5000 TPS, with single transaction costs so low they can be ignored. This year DeFi TVL officially said it rose about 11 times, hitting a new high in September; Aave's locked assets on this chain surpassed $200 million at the end of September.BTC fell from about 82,000 to below 81,000, touching 80,000, with approximately $1 billion liquidated across the market; on October 9 at 03:27 (UTC), due to Trump ruling out military action against Iran and oil prices falling back, it rebounded to 82,000. During the same period, US Treasury yields rose, and Ethereum fell below 2,500. This looks more like deleveraging caused by macro interest rates plus geopolitical risks rather than any on-chain event. After leverage is cleaned out, whether it can hold depends on spot buying.
If oil prices continue to fall over the next 72 hours and the 10-year yield declines, but Bitcoin still hits new lows below 80,000, the above judgment is wrong and we need to shift focus to structural selling pressure from ETFs, miners, and treasury companies.
**2) ETF Funds**
Spot Bitcoin ETFs saw the largest net outflow since June, $ETH ETF redemptions hit a nine-month high, and US spot Solana ETFs had consecutive net outflows (on October 9, two statistical measures were $3.32 million and $3.5 million). Allocation funds are withdrawing in the same direction as the price during the pullback, amplifying volatility rather than acting counter to it.
If in the next 5 trading days both ETFs turn to continuous net inflows while prices still fall, this explanation does not hold.$BNB
BNB has shifted from relatively resistant to dropping over 5%, why does the defense label need to be recalculated?
This morning's 24-hour spot observation window: range 717—775 USDT, change -5.22%, trading volume about 19.59 million USDT.
The window's pullback has clearly expanded, and the observed price has stopped at the lower part; the advantage near the upper edge yesterday was not maintained. One day's performance cannot fix the asset's defensive attribute; the new price range needs to be re-examined.
If BNB repeatedly breaks lows while BTC is stable, first reduce the explanation of resistance; if the midpoint is recovered and then holds on a retest, then observe the sustainability of the repair.ETHUSDT Perpetual Market + Position Analysis
Position Overview: Full position 100x long, 1 ETH, entry average price 2483.02, mark price 2499.76, unrealized profit +16.78 USDT, estimated liquidation price 2347.28
⚠️ 100x leverage is extremely high risk; even slight adverse market movements can trigger liquidation. This analysis is for technical reference only and does not constitute trading advice.
Market (4-hour candlestick)
1. Key Levels
• Support: 2484.43 (recent rebound starting platform, your entry average price is near here); strong support below at 2405.03, 2395
• Resistance: 2579.02, 2675.02, with further resistance at 2702, 2777
2. Trend Interpretation
After a previous sharp drop testing 2405, there was a rapid rebound. Currently, this is a corrective rebound phase following the decline.
The current price just stands above the 2484 support level; short-term bulls have rebound momentum, but the long-term trend remains bearish. The rebound is a pullback after the decline, not a reversal.
Your Position Status
• Unrealized profit is modest, but margin maintenance rate is 481.57%, so the current safety buffer is acceptable; liquidation price is 2347.28, which leaves some room from the current price.
• Risk points: 100x full position leverage means if the market falls again below the 2484 support and continues downward, margin will be rapidly consumed; if it quickly drops near 2347, immediate liquidation will occur. #霍尔木兹通航降至两月低位，油价跳涨4% #ETH触及2500美元后震荡 $AR
Decentralized storage has a different challenge from ordinary cloud services: keeping data available over time while making the economics work for users and providers. Arweave’s permanent-storage model offers a distinct approach, but adoption depends on practical use cases, reliable retrieval, and developer demand. The real test is whether applications keep paying to preserve meaningful data$IMX
Blockchain gaming does not succeed simply because a game has a token. Players need enjoyable gameplay, fair economies, and a reason to stay after the initial excitement fades. Immutable focuses on infrastructure for Web3 gaming, but sustainable adoption ultimately depends on the games themselves. Player retention is a more useful signal than promotional activity alone.After two consecutive days of ETF sell-offs, $BTC is still grinding between $82,200 and $82,600 in the afternoon.
Current market conditions show BTC trading at $82,482, down 0.2% in 24 hours.
Last night’s low first hit $80,400, then rebounded about 1.8% from $81,035 during the Asian session, reaching as high as $82,618 in the afternoon.
The previous low at $82,227 has been repeatedly tested, and the structural recovery is still not clean.
Contract open interest remains around $24.4 billion, funding rates are near neutral with a slight bullish bias, resembling a consolidation after position reductions rather than new longs aggressively accumulating.
On October 8, the US spot Bitcoin ETF saw a net outflow of about $244.1 million, with Fidelity’s FBTC alone outflowing about $197.1 million.
Combined with $485 million on the 7th, the two-day total is about $730 million, indicating continued institutional redemptions.
ETH is down about 2.4%, SOL down about 3.7%, NEAR down about 11%, showing that the more elastic tokens are still weaker than BTC.
Spot price will first test whether the upper range of $82,200-$82,600 can hold.
If it can’t hold, treat this rebound as a correction and don’t assume the risk of a second dip has been fully digested yet.
On the contract side, also observe first; it’s not suitable to chase and add positions near the upper range of the interval.*Latest Bitcoin Chinese Update October 9 Morning Session*
*Current Price $81,700 ETF Largest Outflow $1.1B Liquidation $80,000 Key Defense Line Battle*
*1. Price Structure: Deep Pullback, $80,000 Critical Defense Line*
$BTC $81,700 Daily candle large bearish breaks the uptrend, short-term recovery underway. Support at $80,400-$80,000 is your vital point; if stabilized, look up to $82,800, break below leads to $77,000 / $75,000 defense. Resistance at $82,800-$83,500, rebound faces short-term selling pressure, volume breakout above $83,500 triggers short covering, stop loss at $86,000.
*2. Capital Flow: The ETF outflow you’re watching is the core signal*
#BTC spot ETF sees largest single-day net outflow in nearly three and a half months, ETH also outflowing, not profit-taking but reducing exposure, global long-term bond yields at multi-year high 5.34%, FOMC hawkish bias. Spot volume shrinks, $SOL meme coin $172M accounts for 55.8% of gambling volume, $GIGGLE deep at $6.9K more reliable than $UB $254 but also funds fleeing to small caps. No inflow means no rebound.
*3. Sentiment: Quantum FUD + Anniversary Curse*
$BTC Quantum hack is shaking out weak hands, banks and healthcare hacked first, 21 million coins never diluted with gold issuance. In the past 24H, long liquidations hit $1.1B exceeding the $60K wave, 2 days away from last year’s October 11 big drop anniversary,In the past 3 days, about $1.48 billion worth of Bitcoin has been sent from U.S. government addresses to Coinbase Prime.
Lookonchain: In the past 3 days, a total of 17,733 BTC worth about $1.48 billion was deposited, along with 750 WBTC worth about $62 million, totaling over $1.54 billion; during the same period, BTC dropped about 6.9%. At the time of writing, BTC on OKX is about 82,486. Depositing into custody channels ≠ confirmed market price sell-off.
I will focus on one point: the numbers are scary, but moving into Prime looks more like custody or preparation for disposal, not necessarily an immediate market crash. The 6.9% drop over three days is real pressure.
Do you think this batch will be dumped first, or will it continue to sit on Coinbase Prime?
I will continue to write about what happens next, follow so you don't miss out.
$BTC ETH is currently on hold. The latest price is 2500.03, still below all four EMAs, and the local rebound is still suppressed by the moving averages.
The simultaneous rise in highs and lows indicates some improvement in the local trend. The last complete 4-hour volume ratio was 0.83, and OBV is declining, meaning the trading volume did not keep up with this rise; whether the rebound can continue still lacks support.
To be bullish, the price needs to hold steadily above 2,523.41, with subsequent complete 4-hour trading volume expanding and OBV turning upward. A sustained break below 2,489.33 would invalidate the local upward assessment, but bearishness requires confirmation that the price fails to reclaim support. $ETH A thousand BTC is just a probe; the real selling pressure is still ahead.
Recently, the U.S. government transferred 1,583.8 BTC to exchanges, which shocked the market. But looking calmly this is just the tip of the iceberg.
What’s truly worth watching is the 127,000 BTC confiscated in the Chen Zhi case. This batch of chips now quietly lies in an official wallet, valued at over ten billion dollars at current market prices.The amount transferred this time is less than one eightieth.
#DailyOrbit Bitcoin falls below $81,000; the truth about the US government "withdrawing coins": it's not trying to dump, but this level needs caution
To be direct, the US government transferring coins to Coinbase Prime looks alarming, but most likely it's not for selling.
An executive order is in place; seized bitcoins belong to the strategic reserve, selling them would be a violation. So don't scare yourself.
But the market is indeed weak.
When $81,000 was broken, $1 billion long positions were liquidated in 24 hours, all leveraged stampedes. On-chain data also looks bad; short-term holders can't hold on, dumping nearly 30,000 coins to exchanges, the harshest in nearly four months.
Technically, the $81,000 to $82,000 range is critical, previously a repeatedly defended support. Now the price hovers near $82,000, indicating funds are absorbing. But from $83,000 to $85,000 above are all trapped positions, making it tough to rise.
My view: the negative news has already been priced in; the government's batch of coins is not real selling pressure. But after leverage is cleaned out, the market needs to catch its breath. Short term looks like consolidation and recovery; don't rush to bottom-fish, wait to see if $80,000 can hold. If it really breaks $80,000, the next target is $77,000. If the bear market has truly entered its latter half, or even a new round of market recovery has begun, why do most people still feel nothing? Actually, the reverse is the same. When a bear market first arrives, people usually don't realize they are already in a bear market. BTC down 10%: "normal pullback." Down 20%: "shakeout." Falling again: "The bull market isn't over yet." Only after a long time do people start to admit: the top has long passed. The bull market follows the same principle. Rebound 10% from the low: "Bear market rebound." Up 20%: "Attract bulls." Up 30%: "Wait for the second bottom." When everyone starts saying: "The bull market is really back." Many assets have already risen significantly. This is the most interesting part of the market: bull-bear switches are never notified in advance. 1️⃣ First, what does the "four-year cycle" actually mean? Many people understand the four-year cycle as: one year bear, one year of sideways, two years of bull market, then a fresh start. Actually, it's not that mechanical. Bitcoin's true fixation is: about every 210,000 blocks, halved. On average, it's about four years. On April 20, 2024, Bitcoin completed its fourth halving, with the block reward dropping from 6.25 BTC to 3.125 BTC. However: the halving timing is fixed; the bull-bear period is not. The halving simply reduces the supply of new BTC. Ultimately, prices depend on: inflows, global liquidity, interest rates, ETF funds, and institutional allocation $SOL 30-minute review
My view: After a surge to 124.99, the bulls lost momentum, directly breaking through the long-term consolidation zone and hitting a low of 105.61. This is just a slight rebound after a big drop; do not mistakenly think the bottom is established. The previously broken consolidation zone will create strong selling pressure.
Entry: When the rebound approaches the lower edge of the upper consolidation zone, if signs of weakening upward momentum and stagnating candlesticks appear, consider shorting.
Stop loss: If the price regains and holds above the purple consolidation zone.
Chan theory structure: On the 30-minute level, after the high point ended, the original consolidation zone was broken downward, completing a trend down. The current rebound is a minor counter-trend move within the downtrend. The price has not yet reclaimed the broken consolidation zone; the overall structure dominated by bears has not fundamentally changed, and no reversal confirmation signals are visible.
Wyckoff volume-price observation: The downward break was accompanied by a clear volume increase on the bearish candle, indicating concentrated bear selling. In contrast, this rebound's volume did not increase correspondingly, showing no signs of large capital entering to buy; it is mostly short-term funds covering positions after overselling.
Key observation: Focus closely on the resistance effect of the old upper consolidation zone. If the bulls cannot push through this resistance with increased volume, the probability of the market turning down again to test lower levels is high. Pay attention to the candlestick closing status at the resistance level.A thousand BTC is just a probe; the real selling pressure is still ahead.
Recently, the U.S. government transferred 1,583.8 BTC to exchanges, which shocked the market. But looking calmly, this is just the tip of the iceberg.
What’s truly worth watching is the 127,000 BTC confiscated in the Chen Zhi case. This batch of chips now quietly lies in an official wallet, valued at over ten billion dollars at current market prices.The amount transferred this time is less than one eightieth
#DailyOrbit ⚔️BTC vs ZEC: WHO BREAKS FIRST?🔥
₿BTC:Around $81.7K–$82.4K; $80K is the key psychological support to watch.
🛡️ZEC:Around $1,189–$1,219, after a brutal sell-off. ZEC/BTC fell roughly 10.37% in 24 hours. 📉
🐂 BTC reclaiming $83K could signal recovery.
🐻 BTC losing $80K raises downside risk.
⚡ ZEC needs to stabilize before bulls can regain control.
My take:BTC looks like the relative-strength play; ZEC offers bigger swings in both directions. No confirmation, no blind entry.
#BTC #ZEC #CryptoTrOriginally, I just wanted to grab a quick breakfast, but the market ended up giving me dumplings for half a year. During the repeated fluctuations in the session, $SUI almost made a breakthrough every time it surged, but the volume didn't keep up, making the false rally feel overwhelmingly deceptive.
I focused on one thing: it just couldn't go up.
I opened a short position at 1.1874, and now SUI has slid down to 1.0690, securing a +498.56% profit. Honestly, it was a bit annoying during the hesitation phase, but the moment it played out was truly satisfying.
The market waits for the right moment, and profits come from holding on.
Take 70% off the table first; don't be greedy for the last bit. Keep the remaining 30%, set a protective stop at the cost price, and if it keeps dropping, let it run—don't turn back and give back what you've earned.
Move again when the next signal appears; if you missed this wave, don't rush to chase.
$SNDK $BTC *Bitcoin Latest Chinese Update October 9 08:30*
*Current price $81,700, 24H long liquidations $1.1 billion, your $80,000 key defense line has arrived*
*1. Deep pullback, $80,000 becomes key defense line*
$BTC $81,700 sharply dropped then oversold rebound, daily large bearish candle interrupted the uptrend, short-term repair. The $80,400-$80,000 support you mentioned, if stabilized, looks up to $82,800; if volume breaks down, look to defend at $77,000/$75,000. Resistance at $82,800-$83,500, rebound pressure can be shorted, volume break above $83,500 to cover shorts.
*2. ETF posts largest single-day net outflow in nearly 3.5 months + Quantum FUD shakeout*
#BTC spot ETF largest outflow, #global long-term bond yields at multi-year high 5.34%, macro pressure. $BTC Quantum will hack BTC is false panic, banks and healthcare hacked first, global infrastructure issues, weak hands panic selling, Strategy repurchased 334 coins at $85,838, Strive 2000 coins at $84,422, Robinhood $25M self-buy, strong hands taking over.
*3. Your positions*
$81,164-$83,636 short positions profiting, stop loss $86,000 target $80k/$77k/$75k. $DOT rebound to resistance short triggered, 马斯克的一个想法，突然打开了我的想象力。看完之后，我甚至开始认真思考：如果 SpaceX 真的走向这条道路，$SPCX 是否值得长期关注？ 我尝试用一个简单的数字来理解这个问题。 假设全球名义 GDP 约为 126.3 万亿美元，那么全球 GDP 的 100 倍就是 12,630 万亿美元，也就是 12.63 千万亿美元。 如果一家公司的估值达到这个水平，并按照 25 倍市盈率计算，它每年需要创造约 505 万亿美元的净利润。 这已经不是普通的商业增长逻辑，而是一个关于人类文明未来的巨大假设。 那么，马斯克可能正在探索怎样的路径？ 🌕 第一阶段：突破太空运输成本 SpaceX 正在推进的可重复使用火箭，是这条路线的重要基础。 如果未来火箭能够像飞机一样频繁复用，并显著降低单位运输成本，那么太空活动就有机会从高成本的科研项目，逐渐发展为规模化工业体系。 历史上，铁路本身并不是工业革命的全部，但运输成本的下降，催生了大量此前难以实现的产业。 太空运输可能扮演类似的角色。 ⚡ 第二阶段：把太阳能转化为 AI 算力 未来 10—20 年，太空数据中心是一个值得关注的研究方向。 地面 AI 算Right, Bitcoin $BTC will always have only 21 million coins, your share will never be diluted, unlike gold, whose supply keeps increasing — that's why you're still at the table after the $1.1 billion liquidation.
*The significance of 21 million coins is clearest at your $80,000 defense line:*
- In the past 24 hours, long positions liquidated $1.1 billion, $BTC at $81,700, your key defense line at $80,400-$80,000 was tested, #BTC spot ETF saw the largest single-day net outflow in nearly three and a half months, many panic at outflows, thinking dilution occurred
- But ETF outflows are just share turnover; the total 21 million coins remain unchanged. Gold's supply increased 3% this year, with new mining and central bank sales, truly diluting shares. $BTC Strategy bought 334 coins at $85,838, Strive bought 2000 coins at $84,422; they bought shares that never dilute, ETF outflows are paper hands selling to them
*Your $81,164-$83,636 short box does not conflict with the 21 million supply:*
- Short-term resistance at $82,800-$83,500, staggered buying at $80,000-$78,000, defense at $75,000, effective break means revaluation — this is a price game, playing leverage cleansing, 5-10X leverage hasn't been cleaned since August 18, your $DOT shorts at resistance on the rebound, $FIL liquidation insufficient, all short-term The number 2500 makes veteran traders feel a bit dazed.
Last time when it dropped from this level, the group chat was full of "It's over."
Now it has bounced back, up 2.65%, not much, but the feeling is different.
To be clear, this rally isn’t because ETH is suddenly strong, but because the shorts have been worn down and lost their edge.
Before, when it hit 2500, there was a big bullish candle with huge volume, then a spike down.
This time it’s climbing slowly, which feels more solid.
But don’t rush to call a reversal.
My caution is here: the quieter the rise, the easier it is to trick people into entering.
Next, we’ll see if it can hold for three days.
If it can’t hold, this 2.65% gain is just a trap for those chasing the price higher.
#美CFTC推进加密市场规则，SEC拟调整托管框架
#Strategy再购BTC，多家财库同步增持 #BTC现货ETF创近三个半月最大单日净流出 $ETH Some people always ask why it’s so hard to unify knowledge and action?
Currently, BTC has dropped from the high of 87,000 to 80,400 and then bounced back near 82,500, while ETH has fallen from 2,777 to 2,405 and also rebounded. Many chased shorts at the low point this time, hoping to nibble some profit along the trend, but the support came first and the rebound slapped them in the face. How it will go next is uncertain; let’s see the reaction at 82,500–84,500 for BTC and 2,560–2,650 for ETH.
The difficulty lies in that instinct is always faster than reason. When prices rise, greed makes people rush ahead; when prices fall, fear causes a stampede. Plans are well written, but a flicker of the candlestick chart distorts everything. Emotions trigger in seconds, and rules can only be upheld through discipline. $BTC $ETH $ZEC This segment is the core of trading for such a long time; the market is never short of opportunities, but it lacks reverence — the $1.1 billion long liquidation is the tuition fee for reverence.
*In the past 24 hours, long liquidations reached $1.1 billion, surpassing the oversold dip below 60,000 — you caught the key point:*
- You previously said $FIL liquidations were not large enough to cause panic, now with $1.1 billion liquidated, $BTC $81,700 $ETH $2,520 $ZEC $1,304 $DOT $SOL $XRP are all included, this confirms what you said on Sep 29 that the 5-10X longs since August 18 must be washed out.
- You shorted the box between $81,164-$83,636, set stop loss at $86,000, take profits at $80,000/$77,000/$75,000; the $1.1 billion liquidation marks the start of the $80,500 line where 98,000 whale coins were liquidated.
- For $ETH, your first red line at $2,560 was pierced at $2,587, the second red line at $2,360 has not been reached yet; $ETH accounts for the majority of the $1.1 billion, with leverage deaths.
*In two days, it will be the anniversary of October 11 last year; last year surged high and this year is the same — your reminder is very timely:*
- At this time last year, $BTC hit an all-time high, US stocks hit new highs, everyone was shouting for a big October rally; this year is the same, before the whale sold 30,000 coins at $87,399, everyone was also shouting $100k, Strategy bought 334 coins at $85,838, Strive bought 2,000 coins at $84,422, Is BTC currently better for short-term long or short positions??? $BTC I'll first check Bitcoin's current price and short-term position before discussing long or short. The short-term trend leans more towards waiting and watching rather than chasing longs or shorts right now. If you must choose a direction, the structure still slightly favors short. Why it's not suitable to short now: the price just stopped falling between 80,000–80,400 USD, and it has already rebounded from the intraday low; shorts near support are easily shaken out by a rebound. Recent resistance is at 82,800 USD; until it breaks below 80,000 USD and closes under it, short positions are not clearly triggered. Why it's also not suitable to go long now: it fell from about 87,000 USD to 80,400 USD over two days, macro conditions remain bearish (minutes are hawkish, yields and oil prices are high, and spot ETFs previously had net outflows). The daily RSI is around 48, neutral, not an oversold bottoming signal. Cleaner short-term conditions roughly are: bearish: rebound blocked at 82,800–83,500 USD, or daily close below 80,000 USD; bullish: volume breakout above and holding 82,800 USD, preferably closing above 83,500 USD to confirm recovery, with a target first at 84,400 USD. The middle zone (currently 82,000–82,600 USD): both longs and shorts are easily shaken out, better to wait for a breakout. This is just a position and condition summary, not a trading recommendation. Short-term leverage is volatile; position size and stop loss need to be set by yourself #BTC现货ETF创近三个半月最大单日净流出 $ATOM rose 8% against the trend, I checked three times to confirm it's not a data issue.
Since October 8, $BTC has been slowly declining around 82k, $SOL dropped 3.6%, the market mostly down with few gains, breadth ratio 101:179.
What about $ATOM? Four consecutive bullish 4H candles, rising from 1.681 to 1.879, a 24-hour increase of 8.49%, with volume expanding simultaneously—the latest K-line volume is 1.23 million, double the previous one.
This is not just following a general market rise; it's an independent rally.
The Cosmos ecosystem has recently made substantial progress: the Interchain Accounts (ICA) protocol upgrade and sovereign chain IBC cross-chain efficiency improvements have been circulating in the community for weeks, but the market hadn't reacted. Starting on the 8th, a catch-up rally signal appeared, and today it completed an emotional release amid market divergence.
Such a counter-trend rise during a market decline usually means one of two things:
Either the whales are testing the market, gauging selling pressure above; or funds with early knowledge of news are front-running.
From the K-line perspective, there is resistance near 1.90 from a previous dense trading area, so short-term consolidation around here is possible. A breakout requires volume and a stable hold above 1.90; failure would reasonably lead to a pullback near 1.82.
Light positions can wait for a clear direction before following; heavy positions might consider partially taking profits here—not bearish, but this kind of counter-trend move is fast and volatile, and greed can easily lead to giving back gains.
Do you think 1.90 can be broken through in one go? $ETH 的仓位已经准备止盈离场。虽然当前反弹仍在延续，但我的注意力开始转向 $ZEC。 从走势结构来看，ZEC 在上升趋势中的回调幅度比较明显，上方套牢盘压力相对有限。如果准备寻找进攻机会，不妨重点关注领涨标的，优先观察龙头的表现。 随后，我也开了 $ZHONGJI 的仓位。 近期 A 股衍生品空头力量较强，市场下跌节奏比较混乱。今天盘面出现明显的长下影线，接下来需要关注周末是否会有新的消息催化。 ⚠️ 这次交易的核心是博弈反弹，而不是判断趋势反转。 如果行情反弹并带来解套机会，我会考虑分批止盈、及时离场，不打算长期持有。短线交易最重要的不是猜中最低点，而是明确预期、控制风险。 同时，BTC 现货 ETF 资金流出值得关注。10 月 7 日，美国现货 BTC ETF 单日净流出约 4.85 亿至 4.87 亿美元，创 6 月下旬以来最大单日净流出，短期市场情绪仍需谨慎。 不盲目追涨，不把反弹当反转，按计划交易。 #ETH #ZEC #ZHONGJI #BTC #BTC现货ETF创近三个半月最大单日净流出 #交易复盘 #风险管理$WLD 0.5805 20x short position open.
Previously, the price stalled at a high level, volume couldn't keep up, and funds continuously fled, so decisively positioned short following the trend. The market has fallen as expected, current mark price 0.4962, floating profit 290.43%.
Trading is about capturing structure; a weak attack signal at a high level is a shorting opportunity. A slight rebound on the chart is a normal pullback, don't let a brief bounce disrupt your rhythm.
Stop loss has been moved to 0.54, firmly locking in profits, continue holding to watch the downside space. #9月FOMC纪要公布，多数官员倾向再加息 $ETH ETH Midday Analysis
Is the downtrend over? Has the market reversed?
Last night, ETH dipped to the weekly support zone of 2390–2420, triggering a rebound. The current price is around 2500, having reached a short-term resistance level. Focus on how it performs at this resistance.
Only if the price effectively breaks through the 2520–2550 resistance zone can the rebound space further expand; the current market is still characterized as an oversold rebound and has not yet completed a trend reversal. #BTC spot ETF sees the largest single-day net outflow in nearly three and a half months, with 485 million outflow. Everyone is focused on "institutions running away," but I say: this number is just the result, not the cause. The cause lies next door—U.S. Treasuries.
On October 7, the 10-year U.S. Treasury yield surged intraday to 5.36%, and the 30-year touched 5.73%, both hitting the highest levels since 2002. More importantly, this rise is mainly driven not by inflation expectations but by rising real interest rates—the actual yield accounts for 80% of the nominal yield increase, with even Treasury advisors saying the real yield is "absurdly high."
This is fatal for Bitcoin. Bitcoin is a zero-coupon asset: it pays no interest, no dividends, no cash flow; its pricing anchor is the real interest rate. The higher the rate, the higher the opportunity cost of holding it—money can earn 5%+ risk-free in Treasuries, while crypto is volatile. Institutions are not foolish; running away is a rational choice, not panic.
So the 485 million outflow and Bitcoin falling below 81,000 are essentially the same thing: interest rates are pulling funds out of "non-yielding assets."
How to bottom-fish? Don’t just stare at the candlesticks:
1. Watch when the 10-year Treasury yield tops out (currently still above 5.2%; only a drop below 5.2% offers hope for a peak);
2. Watch real interest rates (TIPS, currently about 2.9%) for a reversal;
3. Watch the Fed’s statement on October 28.
Historically, interest rate peaks often precede Bitcoin bottoms. Wait for the bond market to ease first, then the crypto market will have a big opportunity. Bottom-fishing now is a gamble; waiting for the interest rate turning point is waiting for certainty. $BTC $SOL rebounding after a quick dip to $105.71!
Price: $110.61 ($110.52), up +0.91% locally.
Range: High of $115.84, Low of $105.71, 24h volume of $147.35M (1.33M SOL).
Technical Insight: Price temporarily broke below the ascending trendline and the 200 EMA ($111.81), but dip-buyers defended $105 to push back toward the 20 EMA ($114.62) and 50 EMA ($117.01).
Do you expect SOL to reclaim the 200 EMA above $112 next?Your take on $ETH really hits the mark, even more important than the $BTC $80,000 support line analysis.
*Not heavily invested in that $ETH position, that’s the real loss — what you’re talking about isn’t money, it’s a loss in logic:*
- A few days ago, the judgment was correct, the trend moved as expected, $ETH $2,560 pierced the first red line at $2,587, the second red line at $2,360 is on the way, the big pullback on Sep 29 was confirmed
- But you didn’t heavily invest because you know *seeing correctly and holding on are two different things*
*The two layers you mentioned, many people never distinguish in their lifetime:*
1. *Judging right or wrong is one layer:* $ETH should fall, $FIL liquidation is insufficient, 5-10X leverage hasn’t been washed out since August 18, $BTC $81,164-$83,636 should be shorted, $DOT rebound to resistance should be shorted — you got this layer all right
2. *Position size is another layer:* After heavy investment, if the price shakes, people can’t hold on. That $ZEC position at $1,304 was stopped out after entering long, no holding, only lost once — this is the second layer you mentioned speaking first. Having stop-loss orders in place means admitting that position size determines whether you can wait for your judgment to be realized
*You didn’t hold $ZEC, so you only lost once; if you held, you’d lose more than once — exactly right:*
- $ZEC $1,304→$1,340→$1,280 stop-loss, if you held, now $1,304 is still fluctuating, if $BTC $81,700 breaks below $80,000 you’d lose a second time,$HYPE | Strong narratives still need strong price action.
Hyperliquid has built attention around on-chain trading, but attention alone doesn't guarantee price appreciation.
The key is whether buying pressure can sustain the trend.
I'm watching how $HYPE reacts around recent highs, whether volume supports a breakout, and whether buyers defend important support levels.
A breakout without follow-through can quickly turn into a trap.
Watch the reaction, not just the hype.Some people always ask why it is so hard to unify knowledge and action?
Currently, BTC has dropped from the high of 87,000 to 80,400 and then rebounded to around 82,500, while ETH has fallen from 2,777 to 2,405 and also rebounded.
During this process, some definitely chased shorts at the low point, hoping to catch some benefits from the downtrend, but they didn’t expect support at this level to trigger a rebound.
As for how the trend will proceed, just wait for the market to respond!
The root reason why unifying knowledge and action is difficult lies in instinct always being faster than reason.
When prices rise, greed arises, making it hard to resist chasing highs for fear of missing out. When prices fall, fear dominates, causing a rush to exit to avoid risk;
We all understand the logic, but emotions are triggered instantly, so it’s very hard to keep a steady mind and stick to pre-set rules amid volatility.
This is just a trading psychology insight and does not constitute investment advice.
Currently, Xiaoma’s positions:
$ETH Return rate: -701.22%,
Profit/Loss: -1961.5 USDT
$BTC Return rate: -183.20%,
Profit/Loss: -365.85 USDT
Xiaoma is still enduring losses this round, but there is a small pullback now, which hasn’t yet broken Xiaoma’s psychological stop-loss level. Let’s see how it goes later, just wait a bit longer. Anyway, Xiaoma uses market funds to verify and improve the trading system, so it’s not a huge loss.
#9月FOMC纪要公布，多数官员倾向再加息
#BTC现货ETF创近三个半月最大单日净流出
#霍尔木兹通航降至两月低位，油价跳涨4% ETH currently looks more like a technical correction after a sharp drop rather than a trend reversal.
From the daily chart, ETH saw a volume-increasing decline yesterday, with trading volume reaching 1.55 times the 20-day average volume, and the price broke below the daily EMA50 near the 2500 area; the 4-hour EMA20 and EMA50 are around 2574 and 2631 respectively, with the price still below both moving averages, indicating an overall weak trend.
However, from the contract data, open interest (OI) has decreased by about 2.64% over the past 30 hours, and the funding rate is only about 0.0011%, indicating no extreme bullish premium in the market; the decline appears more like deleveraging and clearing of long positions. The 4-hour RSI is about 30.6, suggesting a short-term need for a rebound correction.
Next, focus on the 2500-2510 range: after a volume-supported stabilization, rebound targets are 2538 and 2577; breaking through 2577 points to around 2630; if resistance occurs near 2500 and the price falls below 2465, be cautious of retesting 2406-2430, and if 2406 breaks, the next support is near 2359.
In simple terms, a short-term rebound is possible, but until ETH firmly holds above 2500 and further breaks through 2577, the rebound should not be directly defined as a reversal. It is currently more appropriate to wait for confirmation at key price levels and avoid chasing gains or losses in the middle of the range. Don't rush to call a reversal; CPI is the real judge
Today's market rebound looks more like shorts briefly covering ahead of the inflation data. BTC bounced back from around 81,000 to above 82,000, ETH recovered from 2,400 to 2,500, and XAUT once rose over 1%. The surface is lively, but the driving force is short-lived: Federal Reserve officials have softened their tone, with Musalem saying caution is needed next; the market's probability of no action in October has risen to 77.9%; combined with profit-taking after last night's sharp drop, a technical rebound naturally occurred.
But the volume is weak. Leveraged longs were liquidated in the past two days, with ETH liquidations exceeding 300 million, BTC over 200 million, and nearly 1 billion across the entire market. After this bloodletting, the market needs time to recover; a small bullish candle cannot change the structure. ETH is even more troublesome: it fell deeper than BTC, spot ETF funds have continuously flowed out, staking yields can't keep up with U.S. Treasuries, and it mainly relies on sentiment support, so the rebound is naturally weak.
Gold is different. Ahead of CPI, safe-haven funds flowed back, strengthening XAUT and deepening the divergence from crypto assets: one focuses on U.S. dollar credit, the other on risk appetite, reflecting two different groups of capital.
Therefore, this kind of rebound is more suitable for portfolio adjustment rather than chasing gains. The real verdict comes with the CPI on October 14; before that, price moves are mostly emotional noise.
$BTC $ETH $XAUT
#9月FOMC纪要公布，多数官员倾向再加息
#BTC现货ETF创近三个半月最大单日净流出
#跟着OKX打卡2049 🔥The easiest trading pitfalls: strong opinions but chaotic execution
Previously, market sentiment was one-sided, with most retail investors holding a bullish stance. They expressed firm attitudes verbally, but their actions often became disorderly when faced with sharp drops.
Investors keep cycling through the same patterns: fearing missing out during a hot market, they chase the rally; fearing further declines during panic, they hastily short. Being bullish initially is not a problem; the key lies in disciplined execution.
If BTC falls below 85000 and fails to recover within an hour, it's time to exit; if ETH breaks 2675 and cannot reclaim it, then follow the trend and go short. Trading must follow the trend.
In a rising market, it's okay not to go long, but don't stubbornly hold short positions. Once the trend reverses downward, frequent rebounds are hard to sustain. Pay close attention to the long-short ratio; the crowded side is more likely to be flushed out.
$BTC $ETH $ZEC #BTC现货ETF创近三个半月最大单日净流出
⚠️Personal review only, not investment advice "Don't Let Emotions Make Decisions for You"
A few days ago, the screen was full of bullish voices, as if $BTC, $ETH, and $ZEC would only go up. But when the market really crashed, the firm words instantly turned into panic in the hands. Retail investors always repeat the same pattern: chasing the rally for fear of missing out; chasing the drop for fear of it going deeper.
Actually, being bullish is not wrong; the mistake is stubbornly holding on after a breakdown. If BTC falls below 85,000 and does not recover within an hour, it's time to exit first; if ETH breaks 2675 and does not recover, the mindset should shift to bearish. The core of trading is not prediction but following the trend. When the market is rising, even if you don't dare to go long, don't hold onto short positions; after the trend turns down, rebounds are often just corrections, not reversals.
Looking at the long-short ratio, the direction where retail investors cluster is often the focus of shakeouts. Coupled with #BTC现货ETF创近三个半月最大单日净流出, market sentiment should be more cautious. The market won't care about anyone's face; discipline is what protects your capital.
This does not constitute investment advice.
#9月FOMC纪要公布，多数官员倾向再加息
#BTC现货ETF创近三个半月最大单日净流出
#跟着OKX打卡2049 ETH currently looks more like a technical correction after a sharp drop rather than a trend reversal.
From the daily chart, ETH saw a volume-increasing decline yesterday, with trading volume reaching 1.55 times the 20-day average volume, and the price broke below the daily EMA50 near the 2500 area; the 4-hour EMA20 and EMA50 are around 2574 and 2631 respectively, with the price still below both moving averages, indicating an overall weak trend.
However, from the contract data, open interest (OI) has decreased by about 2.64% over the past 30 hours, and the funding rate is only about 0.0011%, indicating no extreme bullish premium in the market; the decline appears more like deleveraging and clearing of long positions. The 4-hour RSI is about 30.6, suggesting a short-term need for a rebound correction.
Next, focus on the 2500-2510 range: after a volume-supported stabilization, rebound targets are 2538 and 2577; breaking through 2577 points to around 2630; if resistance occurs near 2500 and the price falls below 2465, be cautious of retesting 2406-2430, and if 2406 breaks, the next support is near 2359.
In simple terms, a short-term rebound is possible, but until ETH firmly holds above 2500 and further breaks through 2577, the rebound should not be directly defined as a reversal. It is currently more appropriate to wait for confirmation at key price levels and avoid chasing gains or losses in the middle of the range. ZEC fell only about 1.6% in 24 hours but experienced nearly a 13% intraday swing, with contract open interest increasing about 12% over 12 hours.
As of 13:48 Beijing time, OKEx spot price is approximately $1218.87, with a 24-hour high of $1256.05 and low of $1112.27; the current price has rebounded about 9.6% from the low and is about 3.0% below the high, with a trading volume of approximately $90.5 million.
OKEx hourly statistics show open interest nominal value at about $160 million, up approximately 12.4% from around 12 hours ago, with an additional increase of about 1.5% in the last hour; the funding rate is about -0.0046%. My judgment is that after a wide-range dip, there has indeed been some absorption, but leveraged positions are also accumulating again, so this is not yet a low-risk unilateral breakout.
The most common misjudgment is to directly interpret increased open interest as new longs or to consider a slight negative funding rate as a short squeeze guarantee. If the open interest growth slows when the price reaches $1256.05, turnover might be healthier; if the price falls below about $1184.16 while open interest remains high, new leverage could amplify the drawdown.
$ZEC