Orbit Post Sitemap
BTC short-term strategy suggestions:
For holders: Holding positions in the middle of the range is meaningless—long positions above 85,400 with stop loss at 85,000 (exit if the fourth defense line is breached); similarly for positions below 85,300.
Breakout follow-up (main strategy):
Intraday micro pivot signal: Break above 85,800, lightly test long positions, stop loss at 85,250, target 86,350-86,700;
Boundary signal: Volume breakout above 87,400 (daily volume > 15 billion), chase long, stop loss at 86,200, target 89,600-92,200;
Volume breakdown below 84,350, chase short, stop loss at 85,300, target 83,850 → 82,600, if breaking 82,561 then target 81,500-80,350.
Left-side ambush (light position): 85,050-85,250 fourth defense success (15-minute bottom fractal + Delta turning positive), lightly test long, stop loss at 84,700, target 86,300-87,000—this is a "four defenses" game, historically the success rate of the fourth test of the lower triangle edge is about 70%, but strict stop loss is required.
Current status: 85,395, lower edge of the micro pivot. The probability of a directional move in the next 24-48 hours is very high (the morning session volatility has hit a two-week low). It is recommended to set conditional orders on both sides and then stay away from the screen—the most important thing in these two weeks is not to judge but to ensure you are present with the correct position when the signal arrives.
$BTC #星球日报 This recent waterfall drop
has given another opportunity to buy the dip.
This time, I'm still focusing on three: $ZEC, $UNI, $WLD.
ZEC has been one of my main focuses lately; NU7 has entered the testnet phase, and the upgrade logic hasn't changed despite BTC's sharp drop.
UNI dropped back from above $9 to around $8.5, with market volatility wiping out the breakout from a few days ago.
WLD also fell from around $0.60 back to $0.55. It had a big gain last month, so a quick retracement alongside BTC isn't surprising.
BTC quickly dropped from 86000 to 84000, amplifying the losses in altcoins.
For me, this sharp drop that doesn't change the original logic actually brings the price back to my buy-the-dip level $OKB 永续20倍多单，120.24开，现131.82，浮盈+192.61%。
就是赌一个底部反转：120.24 三次测试不破，量能阶梯式递减，底部特征很标准。等阳线拉起来那一刻进场，绝不提前猜底。20倍，止损 118。这一波走得非常干净，几乎没有回踩。
暂时不动，让子弹飞一会儿。125 作为防守线先挂着保住本金安全，等 135 那边给明确信号再说加不减的事，不着急。$ZEC $SOL #OKXNOW：开启全天候市场新时代 The crypto market just suddenly experienced a waterfall drop.
$BTC quickly fell from around $86,000 to near $84,000. The gains that were hard-won a few days ago were wiped out again within minutes.
Currently, there is no clear sudden negative news; it seems more like after the continuous failure to break through $87,000, the bulls started to retreat. Coupled with high-leverage positions being liquidated, the short-term decline was rapidly amplified.
Now it has returned to around $84,000, a level that has been contested several times in the past few days.
Whether it can continue to hold $83,000 this time will be more important than finding a piece of news to explain this waterfall drop.
$ETH $ZEC Wednesday 10.07 BTC and ETH outlook:
Brothers, it's been several days since we last met, the National Day holiday is about to end! Did you have fun?
In such a weak BTC market, the worst thing is to quickly pull back immediately after probing the bottom. Currently, the long-term sideways consolidation actually favors the bears more. The market not crashing immediately essentially means it's grinding to accumulate strength by trading time for space, following a pattern identical to previous movements.
From the 4-hour chart, it's very clear that the bulls' rebound strength is insufficient and completely lacks continuity. Every upward surge meets resistance and fails to break the previous high; the upward momentum is clearly lagging.
In truly strong markets, highs and lows must keep moving upward, not repeatedly surge and then fall back. As long as the rebound cannot break the previous high and the market continues to weaken, the possibility of a downward correction grows larger.
Therefore, the trading strategy remains to wait for a rebound to set up short positions. Those already holding shorts can continue to hold patiently, waiting for an accelerated downward move.
Recommendations:
BTC: Short near 857, 865; targets at 845, 839; break below 825
ETH: Short near 2700, 2730; targets at 2660, 2640; break below 2600
$BTC $ETH $BTC 🔥 What was bound to happen has finally come: BTC sinks at 85.1K, ETH follows down at 2684. This is not a black swan event, but a belated slap caused by “87K sell pressure + ETF capital withdrawal.”
Why the drop happens now:
Since 9.23, three attempts to break 87K were rejected, supply zone 86,700–87,570 welded shut as a ceiling.
On 10.5, spot BTC ETF net outflow reached 89.9 million, ETH ETF saw five consecutive withdrawals exceeding 200 million → institutions are exiting first, retail investors find out later.
ISM service sector prices at 74.0 (highest since 2022) → inflation is not dead, 10Y yields at 5.26–5.3% pressuring zero-coupon assets.
Futures open interest at 56.2 billion, funding rates turned positive → long leverage is stacked up, just waiting for a trigger to explode.
Key points after the plunge:
85,000 already touched, 4H close below → 84,000 (on-chain turnover zone 83.3–84.6).
Breaking 84,000 again = weekly chart reversal, 80,625 (200-day moving average) comes into view.
Daily close above 87,200 is needed to talk about 90K; tonight’s FOMC minutes (18:00 UTC) not dovish = second dip.
US stocks hitting new highs, BTC pretending to be dead, a washout of fake bulls was bound to happen.
The plunge itself is not scary; what’s scary is failing to break 87K and not holding 84K.
(Not investment advice · For reference only)$SUI This trade is a typical case of a “bullish news turning bearish” scenario. The page was showing positive news about Mysten Labs collaborating with Google Cloud on verifiable AI agents, but what happened on the chart? It dropped from 1.26 with a steady decline, and when the news came out, there was no volume surge; instead, it hovered sideways around 1.19, with buying interest seemingly dead.
After seeing this pattern many times, it’s clear: bullish news triggers profit-taking. The funds were already retreating, and the news just caused a high open or sideways movement, providing an escape route for profit-takers. I shorted at 1.1926 with 50x leverage, and now near 1.13, I’m holding a floating profit of 244%.
The logic for opening the position was simple: repeated upper wicks above 1.20 without reclaiming the level, volume shrinking day by day, and the last few candlesticks’ center of gravity collapsing downward. When the heavy volume broke below 1.16 with a bearish candle, the bulls’ defense completely collapsed. The close of the session had a wick down to 1.1106, a 4.44% drop in 24 hours. The decline came with huge volume, while rebounds were all low-volume small bullish candles, showing bears fully controlling the market.
However, after several consecutive short trades, today’s environment feels a bit “too consistent.” The wick down to 1.11 on SUI indicates that some funds are picking up bloodied chips at low levels. With 50x leverage, the biggest risk is a rebound washout after a sharp drop. If the 1.16-1.18 range sees a low-volume rebound, I’ll consider it a second short entry point; if it closes back above 1.20 with volume, don’t hold on stubbornly—prepare to take profits in batches and avoid fighting the market.[Nonfarm Payrolls Surprise and Rate Hike Expectations Stir Again, S&P and Nasdaq Close at New Highs, Oil Prices Hit Monthly Lows | 10.7 Morning Report]
US September nonfarm payrolls increased by only 29,000, far below expectations, causing the probability of an October rate hike to plummet to about 20%; however, a surge in the service sector price index has revived expectations for a December rate hike, leaving the market caught in a "no move in October, possible hike in December" game. The S&P 500 and Nasdaq both closed at record highs, the US dollar fell below the 102 level, US Treasury yields declined, and gold rebounded above $4160. The Middle East situation showed more noise than impact, with crude oil exports surpassing pre-war levels and oil prices hitting a one-month low.
⸻
1. Overnight Market
[US Dollar] The US Dollar Index plunged sharply, falling below 102 and closing down 0.27% at 101.84. The euro gained its strongest rise in seven weeks against the dollar, closing up 0.34% at 1.1259.
[US Treasuries] The 10-year Treasury yield dropped 2.8 basis points to 5.286%, and the 2-year yield fell 1.5 basis points to 4.80%. JPMorgan data showed a net purchase of $89 billion in US Treasury futures last week, marking the largest single-week net buying in five years and fully reversing the large-scale sell-off from the previous week.
[US Stocks] All three major US stock indices closed higher. The Dow rose 0.49% to 51,521 points, the S&P 500 gained 0.58% to 7,818.95 points, and the Nasdaq increased 0.45% to 27,599.79 points, with both the S&P and Nasdaq setting new closing records. AMD rose 2.8%, with CEO Lisa Su announcing plans to significantly increase chip supply by 2027 to meet AI demand. The Philadelphia Semiconductor Index rose, but storage hardware showed clear divergence, with Seagate Technology down 9% and Western Digital down nearly 7%. The Nasdaq Golden Dragon China Index closed up 0.3%.
[Crude Oil] Oil prices fell then rose, rebounding after hitting a one-month low. WTI crude briefly dropped near $86 intraday, ultimately closing up 0.81% at $89.19 per barrel; Brent crude closed up 0.71% at $100.17 per barrel.
[Precious Metals] Spot gold fell then rose, surging above $4180 intraday and closing up 0.56% at $4163.69 per ounce; spot silver closed up 0.47% at $61.34 per ounce.
⸻
2. Macroeconomics
1. September Nonfarm Payrolls Surprise. US September nonfarm payrolls increased by only 29,000, far below the market estimate of about 90,000, with July and August data revised down by a total of 60,000. The unemployment rate rose from 4.1% to 4.2%, exceeding expectations, mainly due to an increase in labor force participation. Average hourly earnings rose only 0.1% month-over-month, showing no signs of wage-driven inflation.
2. Rate Hike Expectations Swing Dramatically. After the nonfarm data release, market bets on an October rate hike dropped sharply from over 70% to about 22%, with the baseline scenario shifting to no rate change in October and a 25 basis point hike in December. However, the surge in the service sector price index has revived expectations for a December hike. The market is awaiting the September CPI data on October 14 to further confirm the rate path.
3. Fed Officials Previously Indicated No October Hike. Timiraos, a Wall Street Journal reporter known as a "Fed insider," noted that Fed officials have repeatedly hinted this week that an October hike is not the baseline expectation. The CEA chair also questioned the necessity of a September hike based on new data, suggesting the Fed should hold steady in October.
4. Domestic Macroeconomics: The People's Bank of China conducted 1.2 trillion yuan in 3-month outright reverse repos on October 8, with 1 trillion yuan maturing that month, resulting in a net injection of 200 billion yuan. Finance Minister Lan Fo'an stated that targeted incremental policies will be studied, focusing more on expanding effective domestic demand. The World Bank raised its 2026 economic growth forecast for East Asia and the Pacific to 4.5%.
⸻
3. Hot Topics/Geopolitical Events
1. Middle East Situation: "Fighting but Keeping Transport Running." On the evening of October 5, Houthi forces attacked Jeddah and Najran international airports in Saudi Arabia, injuring three people. Several oil tankers were hit by "unidentified projectiles" in the Strait of Hormuz, and another tanker was turned back by the Iranian Islamic Revolutionary Guard Corps.
2. But Crude Oil Exports Rise Rather Than Fall. Kepler data shows that Middle East crude oil exports rose to 19.5 to 22.5 million barrels per day between September 24 and 27-29, compared to a pre-war daily average of 18 million barrels. Liquefied natural gas transported through the Strait of Hormuz in September also reached the highest monthly level since February. The market is pricing in the judgment that geopolitical conflict noise is loud, but actual crude flows have not been interrupted.
⸻
4. Cryptocurrency
1. Bitcoin Falls Below $86,000. Bitcoin is around $85,559, down about 32% from its October 2025 all-time high of $126,080. Spot Bitcoin ETFs recorded a net outflow of $89.9 million, ending two consecutive days of inflows, with cumulative net inflows dropping to $57.7 billion.
2. Ethereum ETFs See Five Consecutive Days of Net Outflows. Spot Ethereum ETFs had a net outflow of about $51 million on the day, with cumulative outflows reaching $206 million. Solana ETFs saw net outflows of $9.3 million, Zcash ETFs $3.6 million, while XRP ETFs remained flat.
3. After CLARITY Act Failure, Regulation Shifts to Institutional Rulemaking. The Senate failed to advance the CLARITY Act, and the CFTC has begun rulemaking for the crypto market (Regulation CTX/CAM), but the spot market remains unregulated. Kristin Smith, head of the Solana Policy Institute, said SEC and CFTC rulemaking will take 18 to 24 months, and if completed before summer 2028, it will be difficult to reverse politically. She also believes the CLARITY Act's return before or after the November midterm elections is "unlikely but possible."
4. Bitwise: Bill Stalling Benefits Four Types of Crypto Businesses. Bitwise CIO Matt Hougan said that after the CLARITY Act failed to advance, stablecoin platforms retain the ability to offer balance rewards to customers, and exchanges like Coinbase continue to hold state-level licenses and advantages in trading and brokerage business integration.
#本周美联储将公布9月会议纪要 $BTC $ETH BitMine just took 12,500 ETH from BitGo, and within a few hours, ETH fell below 2600.
Onchain Lens detected that BitMine's purchase was worth about $33.65 million, averaging approximately $2692 per ETH. By its own account, it now holds 4.9% of the total Ethereum supply, just one step away from the "5%" target.
The market didn't cooperate. Around 10 AM today, ETH broke through 2650 and 2600 within minutes; on OKX, the 24-hour low hit about 2590, and at the time of writing, it was around 2617, down about 3% in 24 hours; BTC also simultaneously dropped below 84000.
At the current price, this 12,500 ETH position is roughly $940,000 underwater. For a treasury buying weekly, this looks more like a slightly expensive purchase:
1. Last week reported total holdings were about 6.016 million ETH, plus this batch of about 603,000 ETH, based on a total supply of 122.1 million, still about 76,000 ETH short of 5% (excluding any other possible purchases in between).
2. At the recent pace of about 15,000 ETH per week, it will take roughly 5 more weeks.
3. Treasury buying can't withstand short-term leveraged selling pressure; buying doesn't equal price support.
BitMine bought at 2692; will ETH first return above 2692, or test 2500 first?
$ETH A brief analysis of BTC short-term trends based on Dow Theory, Chan Theory, Elliott Wave Theory, volume-price relationship, order flow, and price action (strategy suggestions)
$BTC #星球日报
Comprehensive assessment
Dow Theory shows an extreme convergence of the box with five attacks and four defenses
Chan Theory micro center 500 points, spring compressed, the strength of the departure segment is expected
Elliott Wave Theory double top C wave count slightly favored, but if 85,000 is not broken, the triangle remains valid
Volume-price relationship shows dual weakness balance, volume ammunition is accumulating
Order flow Delta is weak on both sides, waiting for a one-sided tilt signal
Price action morning session amplitude of 203 points hits a two-week low. Six-dimensional consensus: exactly the same as yesterday — 85,000-85,100 is the floor, 87,180-87,400 is the ceiling, current 85,395 is at the lower edge of the micro center. The only change is: the spring is tighter than yesterday, the turning point is closer than yesterday 如果这周你也在盯着BTC横盘却迟迟不敢动手，那么真正该看的，可能不是它自己。 ETH和SOL悄悄走强，是不是在替市场试探风险偏好？ 这几天我一直在看三个屏幕：BTC在84600附近来回磨，ETH贴着2680，SOL在119.5附近慢慢往上拱。单看涨跌幅，确实不算什么大行情，但节奏上有意思的地方是，ETH领跑、SOL蓄力、BTC稳住，这不是各玩各的，而是跨市场联动在悄悄变紧密。 过去一段时间，资金更愿意把BTC当避风港，山寨和ETH被抽血。现在反过来了：ETH先动，SOL跟上，BTC不砸盘。这种结构如果持续，通常意味着风险偏好在小幅回暖，而不是单纯的避险抱团。换句话说，市场在交易的不是"BTC能不能破新高"，而是"ETH和SOL能不能把BTC带出横盘"。 偏多的路径：只要ETH守住2680上方、SOL不跌回119以下，同时BTC继续稳在84000以上，那么资金会更有勇气从BTC溢出到ETH和SOL，山寨季的情绪也可能被慢慢点燃。这时候BTC不需要暴涨，只要不拖后腿就行。 但风险也在这里。ETH和SOL的上涨目前还比较温和，成交量没有明显放大。如果BTC突然向下破位，或者ETH冲高回落，STRUMP smashed through the $2.0 range box that had been flat for a whole week with a single K-line this morning.
This 4H candle starting at 08:00: opened at 2.008, lowest at 1.757, with over 222 million dollars traded in just over two hours, exceeding the volume of any full 4H candle last week. This is not a slow decline, but a concentrated liquidation.
Three data points support this interpretation:
1. Funding rate turned negative (-0.0075%), indicating shorts are starting to pay.
2. Open Interest (OI) is only 22.9 million dollars, and this candle's volume is nearly 10 times the OI—old positions are exiting, not new ones pressing.
3. The broader context: BTC dropped 1.9%, the whole market had 187 declines versus 60 gains, median -3.6%. On days of risk aversion, political meme tokens naturally have higher beta than BTC; their high volatility is a structural issue, not new today.
My take: 1.75-1.80 is the lower boundary of today's high-volume range; the current price has rebounded to 1.86, with short-term momentum for another bounce to 2.0; but if volume continues to increase over the next two hours and price fails to hold above 1.80, the next support level is at 1.65. The 2.0 anchor is broken; the rebound must reclaim it to be considered a recovery.
Do you hold TRUMP? If 1.75 breaks, will you sell or hold? $TRUMP $PUMP perpetual 50x short position, opened at 0.006353, currently 0.006134, floating profit +172.35%.
The idea is very simple: the top consolidates with volume shrinking to the extreme, volatility compressed to the floor, indicating that the chips are ready to loosen. A single high-volume bearish candle smashed the price down from 0.006353, a typical breakdown signal, shorting is favored over longing. 50x leverage, stop loss at 0.00645. The trend is continuously downward, giving no comfortable exit points.
At this position, I plan to take profit on half of the position first, and move the stop loss of the remaining half to 0.00625 to let profits run. If 0.00600 is broken down with volume, continue holding; if not, close all positions. $BTC $ETH #OKXNOW：开启全天候市场新时代 $MON experienced a rapid surge in the early phase, accumulating a large amount of short-term bubble. A turning point was caught at the high level to layout short positions, currently with a floating profit of 658.14% on the short positions, held with 50x leverage, opening average price at 0.0313, mark price at 0.02718.
The short-term speculative market heat is cooling down quickly, with long positions taking profits and fleeing in concentration, and selling pressure above continuously suppressing the price downward.
Operation points: upper resistance at 0.0285, lower support at 0.0255.
Operation advice: take profits on short positions in batches to secure realized gains. If the rebound meets resistance and pressure at 0.0285, you may lightly continue shorting with a stop loss at 0.0292; bottom-fishing for long positions is not recommended as downside risk still exists.
50x high leverage causes strong volatility, and small-cap coins are prone to sudden spikes; be sure to keep positions light and strictly manage risk. $BTC $ETH Today's $MINA movement clearly demonstrates how painful it is to catch a falling knife during a downtrend.
It steadily declined from above 0.17 with almost no decent rebounds in between, all solid bearish candles pushing down. In such a one-sided sell-off, the biggest risk is retail investors trying to bottom-fish after seeing the drop. I shorted at 0.12695 with 20x leverage, currently floating a 270% profit near 0.11. It's not about being clever; the chart simply shows no logic for a bottom yet.
At the entry point, the price had just broken below the 0.13 consolidation zone, leaving a long upper shadow on the candle before turning bearish. Volume started to pick up below, but it was all aggressive selling orders crushing the price, while buying was all passive orders breaking on contact. This chip structure indicates both profit-taking and trapped holders are rushing to exit; who cares about Layer 1 & 2 concepts? Capital doesn't recognize that; price is just a pure number.
The large bearish candle with volume near the close plunged directly to 0.10714, a 24-hour drop of 10.73%. A small lower shadow at the low shows some capital tried to scoop cheap chips for a rebound, but the bounce was very weak, not even reaching 0.115. This pattern of "volume expanding on the drop, shrinking on the rebound" is a classic sign of bears fully controlling the market.$CT perpetual 20x short position, opened at 0.3776, currently at 0.3584, floating profit +101.69%.
The logic is simple: the short-term level 0.3776 resistance has been tested multiple times, volume and price coordination weaken, clear top signal. Short after seeing the pullback confirmation from the high. 20x leverage, stop loss at 0.3850. The overall trend is bearish, repeated highs but selling pressure remains, locking in profits before taking the big gain.
$ETH $BTC
Trailing stop moved up to 0.3650 to lock in profits. If the support at 0.35 breaks, can hold a bit longer. #OKXNOW：开启全天候市场新时代 $XRP perpetual 100x short position, opened at 1.4859, currently at 1.4634, floating profit +151.42%.
The logic is simple: repeatedly failed to break above around 1.4859, every rebound was quickly pushed down, upper shadows getting longer, clearly showing buying exhaustion. Once volume broke below 1.475, confirmed on the right side, entered short. 100x leverage, stop loss at 1.495. The drop was very smooth, no chance for a rebound.
Now moving the stop loss to 1.475 to lock in profits. If volume breaks below 1.450, can hold a bit longer. $BTC $ETH #本周美联储将公布9月会议纪要 今天币圈这波全面后撤，我更倾向于理解为“高位遇阻+宏观压制+资金收缩”的共振，而不是突然出现了一个单一大利空。
最关键的信号还是BTC。过去一段时间BTC已经连续三次冲击87,000美元附近，但每次都被卖盘压回，说明这个位置的抛压非常明显。
与此同时，美债收益率又成为市场的压力来源。10年期美债收益率升至约5.32%，接近2002年以来高位，资金对于利率和通胀的担忧重新升温。
传导路径其实很清楚：
美债收益率上行 → 美元偏强 → 风险偏好下降 → BTC高位承压 → ETH、SOL等高Beta资产跌幅扩大 → 山寨流动性进一步收缩。
这也是为什么你会感觉今天不是某几个币在跌，而是整个市场一起后撤。
但目前我不会直接把它定义成趋势反转。BTC最近仍然保持局部高点抬升，只是87,000美元迟迟无法突破，市场正在等待新的资金催化。
短线交易上，我现在更关注三个位置：
87,000美元：多头重新夺回这个位置，才意味着突破重新成立。
85,000美元附近：短线第一道重要防守，能够快速收回，说明这次更多是洗盘。
83,000美元附近：如果放量跌破，回撤级别可能明显扩大。
所以现在最忌讳的就是看到$DOT perpetual contract 50x short position: opened at 1.1814, now 1.1379, +184.10%.
Basis: double top resistance, bearish momentum confirmed. Stop loss at 1.25, not triggered.
Action: take profit on 50% of the position, move stop loss on remaining position up to 1.15. Short with volume breakout at 1.10 down to 1.05, clear position on low volume bottom. Strictly follow the trading plan, no emotional operations. $ZEC $BTC #OKXNOW：开启全天候市场新时代 $DOGE liquidity is everywhere, but there's no trading volume in the middle. I thought 9000 was a barrier, but unexpectedly it was smashed through in a secondPrivacy coin leader Zcash makes a big move again: a spot ETF application has been officially submitted to the U.S. SEC, planning to list on Nasdaq under the ticker "WINK," with an annual fee rate of only 0.25%.
This time, it's not just an application; it is also supported by a trust company custody of ZEC holdings; even more aggressively, the backing capital itself has committed to purchasing up to $100 million in fund shares, effectively a real-money bet.
If approved smoothly, ZEC will essentially gain the status of a "regular army," serving as a strong boost for the entire privacy sector and creating room for imagination for related privacy coins.
$ZEC $DASH $ZEN₿ $BTC , the big brother, is still holding firm around $85.5K, but some smaller altcoins are getting absolutely crushed. $BTC is hovering near $85,500, while $ETH is around $2,696. Meanwhile, $CT has taken a brutal hit, dropping roughly 24% in the past 24 hours. BTC and ETH are only experiencing a relatively modest pullback, but many altcoins are falling much harder. That kind of divergence makes me wonder whether whales are quietly taking profits and reducing exposure. Altcoins have one major$SOL perpetual contract 100x short position, opened at 120.29, now at 117.63, floating profit +221.13%.
It's like being at the edge of a cliff; after 120.29, the bulls failed to hold, and it went into free fall. I jumped out accordingly, fully leveraging the 100x to ride this downward acceleration.
First, I took half the profit to secure the bottom line, leaving the rest hanging at 118.5 to break even. If 115 can still be broken through, I'll hold a bit longer; once the momentum weakens and it starts to rebound, I'll decisively close the position and get out. $BTC $ETH #本周美联储将公布9月会议纪要 Previously, inscriptions and runes were basically NFT listings.
The advantage was simplicity. You set a price, someone buys the whole lot, and it's easy to understand at a glance. Transactions were basically one-to-one, with a short path.
The downside was inflexibility. Want to change the price or cancel the order? You often had to pay the miner fee again. You couldn't split quantities; if the buyer only wanted 30 but you listed 100, the deal couldn't go through. When there were few people, you just had to wait.
UniHexa is more like an exchange order book.
The advantage is that you can queue and split orders. Higher bids get bought first, cheaper sells get filled first, and orders at the same price are filled in the order they were listed. You can sell 30 out of 100. Price changes are made within the order book without putting every single order on-chain; settlement happens on Bitcoin only after matching.
#BTC巨鲸抛压减弱，ETF资金连续三周净流入 $ORDI 9.7 Bitcoin Silk Road
Bitcoin surged to a peak of 86976.1 before retreating, with the market experiencing continuous downward pressure, reaching a low of 83500.
The Bollinger Bands are opening downward, with the price rapidly moving along the lower band, indicating concentrated bearish momentum. The short-term rebound is a weak correction; any rebound hitting resistance is an opportunity to short in line with the trend. The trend has not reversed, so avoid bottom fishing lightly.
$BTC #比特币矿企Riot获Anthropic算力大单
Shorting strategy
Entry range: 83900 - 84000, wait for rebound resistance and a candlestick showing stagnation before entering
Stop loss: 84280, if the price stabilizes above this level, the bearish trend is invalidated, exit short positions
First take profit: 83600, reduce position by half to lock in some profits
Second take profit: 83300, continue to trade the remaining position aiming for new lows below
In a sharp downtrend, avoid guessing or bottom fishing; wait for rebound resistance to short in line with the trend, apply strict risk control, and follow the main trend.$xOKTA $OKTA $OKTA I really don't understand this order book. The sell orders above 217.2 are being eaten layer by layer, but the buy side can't hold up. It feels like a pure capital showdown. The hourly chart shows continuous volume increase but the price doesn't go up, a typical dog trader's shakeout rhythm. The more it goes like this, the easier it is to trigger a big swing, so I'm slightly bearish at this level. Why is it worth watching? The volume-price divergence is obvious, and no one dares to catch it on the sentiment side. But the risk is clear too: this kind of speculative stock can spike back at any moment, so don't hold heavy positions and always use stop-loss. How does your order book look over there? Dare to follow my lead?10:09, $ZHIPU short position, 25x leverage, entered at 92.28, floating profit 121%. This trade is a standard swing operation. ZHIPU oscillated between 92-95 for two days, then broke below 92.28 with volume, so I decisively followed with a short.
Why use 25x? Because small-cap coins drop fast, 25x leverage helps prevent stop-hunting and still capture the breakout. The mark price is now 87.79, close to the first target, I plan to reduce my position by half and move the stop loss of the remaining position up to cost.
For swing trading, you need to know when to take profit and when to hold. The target is 85; if it breaks that level, I will exit. No greed, no fear. $BTC $ETH #OKXNOW：开启全天候市场新时代 Almost forgot that I am a master's student in Applied Economics from a 985 university. Let's seriously analyze the market since the market's bet on interest rate hikes has decreased. Logically, this should be bullish for BTC and ETH, but both have clearly entered a downtrend or rather a consolidation! In any case, the upward momentum is insufficient.
There are a few possible reasons for this. One is simply that the price has risen too much, and profit-taking is needed. It's not that long positions expect $BTC and Ethereum to surge all at once; bullish positions also expect a reasonable correction.
Secondly, it's the so-called "buy the rumor, sell the fact" phenomenon. When the actual positive news materializes, it turns bearish!
Also, the yield on government bonds is still hitting new highs, which is quite extreme. Imagine a stable asset offering nearly 6% yield—how would large funds think? They would definitely exit this high-risk crypto market and move to bonds!
This is the nature of capital: the coexistence of profit-seeking and risk aversion!
These are roughly the situations. I estimate that after about two days of consolidation, there will be a downward move. The upside space feels limited!
$BTC is now around 85k; 85,000 is the short-term dividing line between bulls and bears. If it breaks below, look for 83,000; ETH is at the end of a triangle between 2680-2727. ETH spot ETFs are still seeing net outflows and are weaker than BTC. On the macro side, a cold non-farm payroll and rising unemployment rate push up rate cut expectations, but actual US Treasury yields and the dollar still suppress risk assets. In the short term, don't be misled by the "rate cut trade" narrative. Wait for a volume breakout or a pullback to support before moving again. Tighten leverage. $BTC $ETH $SNDK, this asset, labeled as a new coin and TradFi concept, surged to 1743.4 at the open, but then the market started acting strange. In the following days, the rebounds became shorter and shorter, the highs kept dropping, and the volume shrank significantly. When a new coin just hits the market, the early pump relies on hype premium; once the buying momentum can't keep up, the chips become pure selling pressure, and if no one catches them, it free-falls directly.
I shorted at 1703.8 with 75x leverage. At that time, the candlestick was hovering at the platform edge, looking like it was forming a bottom, but the volume underneath was already very weak. The buying was all fragmented passive trades, with no willingness to actively take orders. This kind of "low-volume sideways consolidation after the new coin hype fades" essentially means funds are repricing. The profit-taking holders above want to exit, but no one below is willing to buy at a high price, so the only direction left is down.
Sure enough, after breaking the support, a big bearish candle slammed down to 1620.2 with heavy volume. The price is now around 1639.8, down 1.89% in 24 hours, holding a floating profit of 275%. However, new coins are much more volatile than mainstream coins; the lower shadow at 1620 indicates some funds grabbed a rebound at the low. With 75x leverage, such a spike is the easiest way to get people liquidated.Basecamp opened today, so why did SUI drop first?
Sui Basecamp kicked off today in Singapore, coinciding with TOKEN2049 in the same week. SUI didn’t follow the hype. Market pages like CoinGecko show it around $1.18, down about 3.5% in 24 hours, with trading volume just over $500 million.
A quick look at the broader market doesn’t help either. BTC is around $86,000, with about $89.8 million net outflow from spot ETFs on October 5. Interestingly, IBIT still saw an inflow of $69.9 million, while ARKB and FBTC combined had outflows close to $160 million. Money is selective, not withdrawing.
Back to SUI. According to CryptoRank, it rose about 30% over seven days, touching $1.20. Leading the charge is Hashi, which allows native BTC to be used as collateral for borrowing on Sui without wrapping. The issue is Hashi launched on testnet on July 22, and the official developer docs still say the mainnet isn’t live yet. A 30% gain in a week likely reflects anticipation of a mainnet timeline announcement at the conference.
The pullback on opening day, I tend to see as profit-taking from early positions rather than bad news. If they do provide a timeline at the event, this correction might be a chance left open for those who haven’t gotten in yet; if they only talk about the AI agent payment system, the previously mentioned $1.12 retracement level has a good chance of being tested. $SUI #OKXNOW：开启全天候市场新时代 $DOGE perpetual 50x short position, opened at 0.09283, currently at 0.08985, floating profit +160.50%.
Didn't overthink it: the previous consolidation lasted long enough, 0.09283 platform repeatedly confirmed effective, the top pattern is very clear. Entered as soon as a high-volume bearish candle appeared, following the trend not the sentiment. 50x leverage, stop loss at 0.095. The drop was fast and steady, giving no chance for a second entry.
Locked in a safety cushion at 0.091 first. My personal judgment is that there will be support around 0.085; then I'll watch the volume to decide whether to exit or hold, no bottom guessing in advance. $BTC $ETH #本周美联储将公布9月会议纪要 10.7 SOL Silk Road $SOL
SOL is currently around 119.9, just recently hitting a low of 119.82. The downward trend in this segment on the chart is quite clear, with the price consistently below the moving averages. Although there is some stabilization now, the MA7 is still near 119.9, and the MA30 is clearly above, indicating a generally weak short-term outlook.
Today, focus on the area around 119.8-120. If it can hold here, first watch for a rebound space between 120.5-121.2. If it climbs back above 121.2, then look towards the 122-123 range.
If 119.8 breaks down significantly, the next support to watch is around 118.5-118, followed by 116.5-117. The current position has just experienced a rapid decline, so it’s not suitable to chase immediately; wait for stabilization at key levels before making a judgment.
The external environment still exerts some pressure on high-volatility assets: the US Dollar Index is around 101.94, and the market’s expectation for further rate hikes in October has dropped to about 20.5%. However, oil prices have risen back above $100, and tensions in the Middle East along with supply risks continue to affect overall risk sentiment.
Core conclusion: SOL is weak and oscillating today, with 119.8 as a key short-term level. If it holds here, watch for a rebound between 120.5-121.2; if it fails to hold 119.8, then continue to watch around 118.5-118. Wait for stabilization before participating, and avoid blind involvement during rapid declines. $SOL #本周美联储将公布9月会议纪要 Feeling good, waterfall black swan! This is what a market looks like.
$BTC crashed all the way from above 86000 down to around 83500, plunging in just a few minutes with trading volume instantly surging. The bears finally got their shining moment.
All I can say is, black swan, you’ve finally arrived! $ETH $ZEC
Earlier, the bulls were shouting 100,000, 1,000,000 with great momentum, but now with this big bearish candle, many who chased the highs are probably quietly checking their liquidation prices.
Of course, don’t rush to celebrate such a fast drop; a real big market move is never decided by just one candle. Whether the rebound can reclaim 84000 or 85000 will be the real battlefield between bulls and bears next.
The above is just my personal rant and does not constitute any investment advice!"$DOGE, 50x short, opened at 0.09079, currently at 0.08726, floating profit 133.19%. From a technical perspective, the daily chart closed with a large bearish candle, MACD formed a bearish crossover downward, and KDJ dropped sharply after high-level stagnation.
0.09079 is exactly the strong resistance level at the upper edge of the previous dense trading zone. I placed a short order at this position with 50x leverage, stop loss set above 0.093.
Now the price has broken below 0.088, with short-term support at 0.084. The strategy is very clear: short at resistance, clear stop loss, excellent risk-reward ratio. Do not bottom-fish, let profits run, and wait for the signal to exit. $ETH $BTC #OKXNOW：开启全天候市场新时代 🚨 Bitcoin is facing a serious $87K wall. U.S. equities are pushing toward record highs, the October rate-hike probability has reportedly fallen from 64% to 21%, yet $BTC still can’t break above $87,000. Since September 23, Bitcoin has tested this level three times and been rejected each time. Meanwhile, geopolitical tensions around the Strait of Hormuz are keeping risk appetite under pressure, while BTC trades near $85.5K on relatively weak volume. The market feels stuck: good news isn’t liftiU Sister 10.7 Wednesday $ETH Strategy
The post hasn't been published yet, but the market has already moved. Didn't expect to have time for breakfast, but after thinking it over, I'll post it anyway.
Entry conditions: Rebound near the 2730-2779 range, K-line closes with a long upper shadow, rising volume shrinks, confirm stagnation before entering short positions.
Stop loss position: Effectively hold above 2790; if it breaks the previous high, abandon the short idea.
First target: 2588, second target: 2566 Brothers, $NMR this wave is really exciting.
From 8.5 all the way up to 17.2
Pulled up so fiercely
When it turns and drops, it’s just as decisive
Saw this morning after the surge it couldn’t hold
Directly entered short positions in batches, 10x isolated margin
Opened positions basically around 16.4
Took small profits and closed positions immediately
No big picture, no long-term hold
Never get caught chasing the pump on these short-term explosive coins
When it can’t push higher, grab a short swing
Take the spread and run
Just my personal live trading record, not trading advice.
#OKXNOW：开启全天候市场新时代
#本周美联储将公布9月会议纪要
#BTC巨鲸抛压减弱，ETF资金连续三周净流入 Brothers, $ZEC is now just sweeping up and down, playing the wave trading game!
I opened a long position at 1,307.38, now the mark price is 1,321.42, with an unrealized profit of 2.47%. The essence of this market move is sweeping: previously it dropped from 1,698 to 1,233, a 27% decline, burying all the long chasers. Now it has rebounded from 1,233 to 1,366, sweeping out the short chasers, taking both sides at the top and bottom—whoever stubbornly holds gets harvested.
The area from 1,400 to 1,450 above is the previous trapped zone; if it breaks through, there will be selling pressure. The key support is at 1,233 below; breaking that would be a new low. The middle section is a meat grinder where both longs and shorts get cut.
I only do wave trading: enter long at lows, enter short at highs, never get attached to a position. I’m holding the long now and will consider taking profit around 1,400.
$BTC $ETH #OKXNOW：开启全天候市场新时代 $BTC experienced a rapid breakdown and decline on the one-hour chart, with the price consecutively falling below multiple short-term moving averages EMA10/25/50, and all short-term bullish moving averages turning into resistance. There was a volume increase over 24 hours as the price slid from 86660 to around 83600.
The resistance above is at 85300‑85500, which is a dense moving average zone; a rebound to this area will face selling pressure. The short-term key support is at 83100; if the one-hour close continues to break below this, the correction space will further open, with the next support at 81400. Holding above 83100 still offers a chance to return to box consolidation. Position data shows that long positions remain relatively high, indicating a possibility of further shakeout in the short term.
News: The previous institutional custody benefits have been fully priced in, ETF inflows are weak, and there is no new strong positive driver to push prices higher; after a prolonged high-level consolidation, bullish patience has been exhausted, triggering concentrated contract stop-losses, amplifying this decline.
Market sentiment:
Previously, everyone was expecting a major correction, but the market kept grinding sideways at high levels, causing FOMO funds to waver and some to chase higher. Once the long positions completed turnover and the market lacked new buying support, the correction was realized as expected.
Currently, panic selling is easily triggered on the chart. The bull market’s major cycle has not been directly broken, but short-term bottom fishing should not be rushed; wait for support stabilization signals.
#本周美联储将公布9月会议纪要 #BTC巨鲸抛压减弱，ETF资金连续三周净流入 #美债长端收益率再创新高，30年期逼近5.7% $XRP short position opened at 1.5077 with 100x leverage, currently floating with a 366% profit, price dropped to around 1.45. The logic is somewhat similar to the recent WLD trade, but as a mainstream coin, XRP has the added factor of news influence.
The market had actually given warnings early on. The surge to 1.53 failed to hold, and the following days showed a downshifting consolidation. Every rebound to the 1.50-1.52 range looked strong with many green bars, but volume was increasingly weak, all showing volume contraction at the top. This pattern indicates that the trapped holders above don’t want to cut losses, but new funds are also reluctant to enter.
I opened a short near 1.5077. At that time, the small candlestick was hovering at the platform edge, looking like it might hold, but buying interest was already scattered. Plus, the regulatory news popped up on the page—the small bank lawsuit against Ripple, although old news recycled repeatedly, in a weak market this kind of negative news is the straw that breaks the camel’s back, and funds use it to push the price down most effectively.
The following large bearish candle broke 1.46 with huge volume, spiking down to 1.4308. The volume bar maxed out, a typical panic sell-off combined with long stop losses triggering. It dropped 3.4% in 24 hours, which doesn’t seem much, but with 100x leverage, the damage from this bearish candle was enough.Many people ask me how to trade $API3 3? This position was shorted at 0.3871 with 10x leverage, currently floating profit is 153%. Although 10x is milder than 20x, for small-cap tokens, blindly using high leverage is a big no; risk control is always the top priority.
The key lies in stop loss and position size. Before opening the position, I set a stop loss at 0.4 to strictly control risk. Position size is controlled at 10%, so even if stop loss hits, the loss won't be much.
Now with floating profit, immediately move the stop loss to the cost price to lock in profits. Trading is a probability game; this trade's logic is a top reversal combined with volume exhaustion, so the odds are high. Remember: leverage is a tool, risk control is the core, don't let emotions dictate your position. $ETH $BTC #OKXNOW：开启全天候市场新时代 BTC just broke 84000: It was still around 85500 in the early session, then dropped 1600 dollars in two hours, the pre-market line didn't hold.
In the early session, BTC was still near 85500, Binance spot just hit 83805, 84000 has already been broken. It dropped about 1600 dollars in two hours, a little over 2%.
No new news matches these few minutes. Overnight US stocks hit new highs, the S&P closed above 7800, and the Nasdaq hit new highs again. The Fed's September meeting minutes won't be released until 2 AM Beijing time tonight, so this drop isn't because of the minutes themselves.
84000 was a line watched before the market opened. After breaking below, sellers took over, next target is the previous low near 83000. Further down, 82000, 80500 (the cost area for listed company treasuries), 81700 (cost for US spot ETF holders) are just cost references, not order levels. 80000 will only come into view if the previous two levels fail.
The trap is here: 86000 to 87000 was tested multiple times but didn't hold, altcoins have already broken first, BTC this time is a catch-up drop. Many people habitually treat "breaking below" in mid-air as a "buy-the-dip signal." If support breaks and isn't recovered, treat it as a breakdown in the short term, don't chase rebounds below 84000.
The key is to watch one thing: can it close back above 84000 today. If it can't, the next level to watch is 83000.
What is your current position: reducing, waiting, or already short?
$BTC
#BTC巨鲸抛压减弱，ETF资金连续三周净流入 $BTC
has dropped, to be precise, it's oscillating
But the bears are already clamoring, haha
Either the east wind overpowers the west wind, or the west wind overpowers the east wind
Because this is oscillation, the time for a breakout hasn't come
I mentioned before that the latest breakout would be at the CPI release next Wednesday
If it wants to break out earlier, it must surpass 867 to have hope, last night it didn't break 867, so it continues to oscillate, be patient everyone, because now it's still oscillating in the 838-870 range.$XDP short position, 20x leverage, entered at 0.02087, floating profit 172%. This trade is a standard swing operation. XDP oscillated between 0.0208-0.0215 for two days, then broke below 0.02087 with volume, so I decisively followed with a short position. Why use 20x leverage?
Because small-cap coins drop quickly, 20x leverage helps prevent stop hunting and can capture explosive moves. The current mark price is 0.01907, close to the first target, so I plan to reduce my position by half and move the stop loss of the remaining position up to the entry cost.
For swing trading, you need to know how to take profits and also how to hold positions. The target is 0.018; if it breaks that level, then move on—no greed, no fear. $ETH $BTC #OKXNOW：开启全天候市场新时代 The Planet Hot List treats the Federal Reserve's September meeting minutes as the "answer to tonight's price rise or fall," but ordinary traders should first understand: the minutes record the disagreements from the meeting three weeks ago, not tonight's new interest rate decision.
The Fed calendar shows the September meeting was held from the 15th to the 16th, and the minutes were released at 2 PM Eastern Time on October 7, which is 2 AM Beijing Time on October 8. What the market will truly trade on is the gap between the text and current expectations: if everyone has already bet on easing, a dovish tone may no longer trigger a rally; conversely, a detail showing more caution on inflation or the pace of rate cuts could provoke a bigger reaction.
As the release approaches, don't just focus on the "hawkish" or "dovish" labels. First note what the market had originally priced in, then after the initial volatility, see if the price can hold, rather than treating the first sharp spike or drop as the final direction. ETF capital flows have torn open a gap: $BTC is being taken up, $ETH is being dumped
This divergence has not been just for a day or two. After a brief outflow for two days, $BTC saw a net inflow of 103 million on October 1, with BlackRock IBIT alone absorbing 196 million. What about $ETH? On the same day, it had a net outflow of 55.37 million, with Fidelity FETH running off 23.5 million, bleeding for three consecutive days.
One in, one out—the attitude is clearly written in the ledger.
The problem with $ETH is not the price, but confidence.
I reviewed the data: $ETH is hovering around 2700 now, with the upper Bollinger Band at 2806 pressing down and support at 2550 below. Technically it looks okay, but the capital flow is ugly—Ethereum ETFs had a net outflow of 138 million last week, with ETHA and FETH being the hardest hit. More critically, the cumulative trading volume delta of ETH on Binance started weakening since August and plunged on October 2, indicating what? Active sell orders have been suppressing buy orders; both retail and institutions are withdrawing.
In contrast, $BTC. According to the latest Glassnode data, the trend of whales net depositing to exchanges has stopped; the three-plus months of dumping ended in late August. To translate: the big holders who wanted to run have mostly left, leaving steadier chips behind. Institutions willing to buy at this level indicate they don’t see 86000 as the peak.
The market is choosing sides, and it’s very straightforward.
$BTC’s market share has surged to 58.68%, with a fear-greed index of 73—definitely in the greed zone—but capital is clearly concentrating in $BTC, with altcoins not picking up the relay. Bitwise’s report confirms this—almost all institutions allocating crypto assets hold $BTC, and $BTC is usually their first buy, largest position, and longest-held asset. ETH? More often treated as "part of the allocation," not the core.
There’s a news item to watch closely.
At 2 AM tomorrow, the Fed will release the minutes of the September meeting. That rate hike was 25 basis points, with a hawkish dot plot, but the subsequent September nonfarm payrolls were only 29,000, far below expectations, dropping the probability of an October hike to 22%. How the minutes describe the decision logic at that time will be scrutinized word by word by the market. Hawkish or dovish will directly determine the short-term direction.
Also, the CFTC just classified $SOL and XRP as commodities, solidifying regulatory certainty, which is a positive for overall market sentiment. But ETH didn’t benefit from this, and capital is still leaving.
About my position.
I’m still holding the 86000 short; the logic hasn’t changed—there’s dense resistance around 87000 to 88000, with prior short positions stacked there, so pushing higher requires very strong incremental capital. ETF inflows are a positive signal, but one day’s inflow doesn’t indicate a trend reversal. Stop loss at 88000 remains unchanged; downside target is 83000 to 83500, where I’ll reduce half and push the rest to breakeven.
But if tomorrow’s minutes are dovish and BTC breaks and holds above 87200 with volume, I’ll have to reassess this short. Trading isn’t about falling in love with a view; if the market proves you wrong, you have to admit it.
On the $ETH side, short-term is indeed weak. The rebound likely won’t outperform $BTC; those wanting to go long might as well wait until it truly recovers the 2727 watershed. When capital is silent, price movements are hollow.
Watch ETF capital flows closely, watch tonight’s minutes closely. Keep positions light, keep your mindset steady.
$BTC $ETH $ZEC
#OKXNOW: ushering in an all-weather market era #ThisWeekFedWillReleaseSeptemberMinutes #BTCWhaleSellingPressureWeakensETFFundsNetInflowForThreeConsecutiveWeeks $PONS, 20x short, opened at 0.4263, currently at 0.3963, floating profit 140.74%. From a technical perspective, the daily chart closed with a large bearish candle, MACD formed a death cross downward, and KDJ dropped sharply after high-level stagnation.
0.4263 is exactly the strong resistance at the upper edge of the previous dense trading zone. I placed a short order at this level with 20x leverage, stop loss set above 0.43.
Now the price has broken below 0.40, with short-term support at 0.38. The strategy is very clear: short at resistance, clear stop loss, excellent risk-reward ratio. Do not bottom-fish, let profits run, and wait for the signal to exit. $BTC $ETH #OKXNOW：开启全天候市场新时代 Bitcoin at 85,000, the employment data fell short of expectations, pushing down the probability of a rate hike in October, but ETF demand can't support a breakout, so the rise is hollow. Over the past 24 hours, more than 58 million U of short positions were liquidated; this forced liquidation-driven price is unstable.
Just put the thermos on the windowsill, and someone parked disorderly in the downstairs parking spot again.
Ethereum is sideways at 2,700, XRP dropped nearly 1%, and the mainstream is waiting for direction. ORCA is currently priced at 2.973, extremely overbought, the divergence is too wide, no liquidity above to continue, MACD and candlesticks are already diverging, a typical bull trap with no follow-through. Below, from 2.62 to 2.76 is a large long liquidation zone; a pullback to repair is highly probable, first testing the 0.618 level at 2.69.
In terms of operation, do not chase highs; short positions can be entered lightly at the current price, entry range 2.95 to 3.00, take profit first target at 2.76, second target at 2.69, stop loss above 3.08. Position size should be tight; this overbought structure grinds capital the hardest with a slow decline, don't hold onto losing positions.
$ORCA
#美债长端收益率再创新高，30年期逼近5.7%
@OKX星球 In the early session watching $WLD, the market felt very heavy. It dropped from 0.59 with a steady decline, occasionally rebounding, but every pull-up lacked momentum and was all low-volume retracements. After seeing this pattern many times, you know it’s not a shakeout; it’s quietly withdrawing capital.
I opened a short position around 0.5651. That spot was at the edge of a small consolidation platform, with the previous few 1-hour candles moving sideways, looking like it might hold, but the volume underneath had already shrunk badly. The key point was before that big bearish candle slammed down, there was no active buying to absorb the sell orders above—only passive trades. This "looks like it’s holding sideways but actually no one is buying" state is a classic high-level divergence turning into a retreat.
Sure enough, after breaking the level, it directly dropped with volume, a big bearish candle down to 0.51, with volume bars maxed out. This move wasn’t a normal pullback; it was concentrated profit-taking, and the chasing funds all withdrew once the break happened.
Now the price is at 0.5230, down 5.66% in 24 hours, holding a 384% floating profit on 50x leverage. But honestly, these altcoins can rebound anytime after a sharp drop, especially with that long lower shadow down to 0.51, indicating some capital stepped in at the low. If it then moves sideways with low volume, I’ll consider taking profits in batches; if it rebounds above 0.54 with volume, that means funds want to repair, so don’t be too greedy.Ethena posted:
EtherFi is about to launch its own stablecoin supported by Ethena Whitelabel.
EtherFi holds over $300 million in stablecoin deposits on its platform. Ethena will be responsible for @ether_fi's reserves, minting, redemption, and compliance matters.
Ethena will manage the US dollar end-to-end.
Since launching its pioneering Cash card in 2024, EtherFi's cumulative spending has approached $1 billion, with over 100,000 active cards.
An excellent new stablecoin bank will gradually take control of the entire tech stack and profit from idle deposit balances and its broader product portfolio.
$ENA 🤝 $ETHFI