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I increasingly feel that the biggest enemy for ordinary people trading crypto is not the whales.
It's three words:
"Can't stay still."
BTC consolidates for a day, and you want to switch to ETH.
ETH doesn't rise, so you chase altcoins.
Altcoins don't move, then you go to futures contracts.
In the end, looking back:
BTC might not have dropped much at all, but your account has already shrunk significantly.
Right now, BTC is still fluctuating around $86,000, with very little overall change in 24 hours.
At times like this, I prefer to trade less.
Because many losses aren't due to wrong directional calls, but:
Forcing a trade opportunity when there really isn't one.
When the market is good, profits depend on judgment.
When the market is boring, profits depend more on patience.
What's your biggest lesson after trading crypto?
Mine is:
Missing out won't bankrupt me, reckless trading will.
#BTC #Trading #Cryptocurrency #Investment#纳斯达克指数连续两日创历史新高
By analogy, what privacy sectors in the U.S. stock market can be positioned to potentially become the next $ZEC?
Unfortunately.
There is no pure "privacy coin play" in the U.S. stock market that fully corresponds to ZEC — the core driver of ZEC's surge is the encrypted privacy narrative, while the U.S. privacy sectors focus more on data privacy compliance, cybersecurity, consumer privacy tools, zero trust/encryption infrastructure.
However, you can pay attention to Cypherpunk Technologies, which is currently the most direct and pure public U.S. stock representative of the Zcash privacy narrative. Formerly Leap Therapeutics, a biotech company, it officially renamed and transformed into a "privacy technology company" after a $58.88 million private placement led by Winklevoss Capital in November 2025, with Zcash as its core asset and strategic pivot.
Cypherpunk Technologies is the most direct pure ZEC privacy narrative play in the U.S. stock market, suitable for implementing the logic of "privacy coin appreciation + public market leverage."
It transformed from a biotech shell into a Zcash treasury + miner + privacy technology platform, with a clear story and real holdings and computing power already in place. In the short term, it is clearly driven by ZEC market trends; in the medium to long term, it depends on whether it can truly build the privacy technology ecosystem and control dilution.
$CYPH $BTC Three Cold Showers
First shower: BTC had an ETF inflow of 998.9 million today, very strong.
But since 2026, BTC spot ETFs have still seen a net outflow of about 464 million.
A day's money can't change a year's trend. Don't mistake a pulse for a reversal.
Second shower: $ETH rose 74.6% in Q3, very strong.
But 3 hours ago, the FTX liquidation team transferred 27,372 ETH (about $75.32 million) to Wintermute, suspected to be entrusted for sale.
Selling pressure is already on the way, it just hasn't hit yet.
Third shower: ZEC rose 32 times in a year, very strong.
But coins in hidden pools only account for 28.9% of circulating supply.
The remaining 70% lie in transparent addresses just like Bitcoin—
meaning locked positions are an illusion and can be sold anytime.
Conclusion:
The trend is real. Overheating is also real.
Both can be true at the same time.$ZEC has been traded since the beginning of this month, starting with an initial capital of 35,000, and I have also doubled my position. This time, I mainly used low leverage, which helped me avoid drawdowns and hold on. I want to share with everyone my thoughts and views on trading $ZEC: 1. It's best to keep the leverage under 10x. 2. Since it's an altcoin rising at the start of a bull market, we should set higher expectations. 3. After every big bullish candle, there is a pullback; we can try short positions for a quick trade. 4. Be decisive and enter the market when it’s about to plunge.#BTC surges to $87000, total crypto market cap returns to 3 trillion #美伊3小时会谈释放积极信号？
Coin Price 24h 7d 30d
BTC $84,999.6 +0.61% +6.14% +4.09%
ETH $2,730.4 +2.37% +8.19% +6.53%
SOL $117.32 +1.81% +13.03% +19.78%
---
Three signals worth noting
$BTC: The 80k level has turned from resistance into support. No violent surge, no wick spikes, just small bullish candles grinding upward one after another. This pattern is actually more solid than a sharp rise—after the 80k round number was taken out, there was no large-scale profit-taking, indicating selling pressure has been well absorbed.
$ETH: The rhythm has changed this round. The 24-hour gain is nearly 4 times that of BTC, and the 7-day and 30-day data also outperform across the board. After the Cancun upgrade, ecosystem activity has rebounded, combined with improving staking data, funds are clearly tilting toward Ethereum.
$SOL: The resilient player, but don’t get misled by the candlestick rhythm. 7-day +13%, 30-day +19.78%, it rises decisively and falls just as sharply. This kind of asset suits disciplined position management, not chasing pumps or dumps.
In summary
BTC sets the stage, ETH performs, SOL dances. But especially at times like this, keep a close eye on pullback support and capital differentiation—when the market moves, don’t get carried away; position management is more important than directional calls The state is growing larger and larger, and ETH scaling will eventually hit a hard drive limit
Every time an account, contract, or long-term storage slot is created, the Ethereum state grows. Transactions can finish executing, but the current state needs to be continuously accessed by nodes. As applications increase, hard drive capacity, random access, and sync time will become the real constraints on scaling, not just Gas parameters.
If only data centers can store and quickly query the full state, ordinary people’s ability to independently verify the network will decline. The number of nodes may remain, but actual control will rely more on a few infrastructure providers. Therefore, scaling must consider state management, not just increasing block capacity.
State expiry, stateless validation, and more efficient data structures all reduce the long-term burden on nodes. They do not delete users’ current assets but change how nodes obtain old data and verify new blocks. Application developers may also need new sources of historical data.
The long-term security of $ETH ultimately depends on very specific hardware. Whether an ordinary device can continue to participate in validation matters more for keeping the network open than promoting how many transactions are processed per second. Hard drive prices and sync times are also part of decentralization.
If the state issue is continually postponed, every bit of capacity added today will become a long-term burden for future nodes. ETF inflows slamming back after outflows + a large Friday options expiry isn’t the usual leverage carnival.It’s institutions re-engaging while the market still has a healthier structural bid underneath. Alpha right now lives in two places: Does the institutional flow persist after the options gamma rolls off?
Do CME + RWA catalysts actually pull capital into alts beyond the usual suspects? Help! MSTR really nailed the "just surged to a new high of 173, then dropped but still firmly stands at 167, only down 1.32%" BTC shadow player image so well that even the welding torch can't be pulled away 🤣
Just a second ago it was hitting a new high at the 173 peak, then suddenly got slammed down to 166, rubbing the chasing bulls on the ground, but then it still firmly bounced back to 167. Today it only dropped 1.32%, with the three moving averages trampled on and just after wobbling, they popped right back up — basically the whole BTC market is stubbornly holding the 86000 integer level, and you're here calmly playing the "best BTC shadow player to follow the rise" role, going from 91.88 all the way to 173, jumping back and forth for half a month. When it rises, it pulls big bullish candles; when it falls, it crashes deep V-shapes but still pulls back. The main theme is no matter how BTC swings, I’ll weld it dead between 160-170, not giving an inch of breakaway 🤣What should those who missed out do now?
Don't chase, wait. Wait for a moment of panic, wait for the leverage to be cleaned out, wait for everyone to shout "the bull market is over"—that's when the trap will appear.
Pay attention to several key levels: BTC at 84,000-85,000 and the deeper 70,000-72,000 range. ETH at 2,560-2,630. If the price shows signs of volume-supported stabilization near these levels, that is a window worth seriously considering for entry.
But this does not mean blindly bottom-fishing. Building positions in batches, controlling position size, and setting stop losses are safer than going all in at once. Jiang Zhuoer’s plan is also to buy only after the downtrend exhausts, not to rush in as soon as the price hits those levels.
The greed index at 71 is still high, the market prices in bad news quickly, but the position structure shows the bulls’ safety cushion is not thick. Patient people will be rewarded by the market.$ORCL
AI demand remains strong, so why can Oracle only achieve modest gains?
The market recognizes Oracle's cloud infrastructure orders but still worries that data center construction requires substantial capital and debt. Falling oil prices improve the macro environment, but long-term rates near 5% still increase financing costs.
If orders quickly convert into revenue and free cash flow starts to improve, the valuation will become more stable.
If capital expenditures and debt grow faster than operating cash flow, even huge orders could become a burden. What needs to be verified now is the speed of profitability, not the order size.#闪迪获Rosenblatt买入评级，目标价2400美元 $SNDK
Can SanDisk reach the $2400 target price?
Rosenblatt's latest initial coverage of SanDisk gives a buy rating with a target price of $2400.
Core logic: The AI inference boom means NAND flash is no longer just ordinary storage consumables but will become a key part of AI infrastructure. Enterprise-grade SSD demand continues to rise, combined with new generation flash technologies BiCS8 and BiCS10, along with Kioxia's capacity cooperation, opening long-term growth potential.
But it should be clear this is just one institution's optimistic expectation, not a market consensus.
Most other investment banks have a consensus target price around $2000, with many institutions' targets below $2400. This round of price increase is also boosted short-term by passive ETF buying from inclusion in the S&P 100.
To reach $2400, two conditions must be met simultaneously:
1. NAND contract prices continue to strengthen, with major manufacturers controlling production to maintain tight supply-demand balance;
2. AI server enterprise-grade SSD procurement materializes, with revenue and gross margin continuously exceeding expectations.
1. Index inclusion is event-driven; after passive funds finish buying, positive effects may fade.
2. Storage is a strong cyclical product; if downstream PC and smartphone demand remains weak, it will suppress price increase potential.
3. This is an optimistic target price scenario, not a guaranteed outcome.
#JaneStreet持有闪迪5%，AI存储估值再受审视
Market commentary shared, not investment advice. BTC pulled from 82,000 to 87,000, Ethereum rose from 2,400 to 2,770, and many missed out on this rally.
Watching others show off their profits, it’s hard not to feel uneasy. But I want to say: the nature of this round of gains means chasing the highs carries great risk, while those who patiently wait will most likely get a better entry point.
Why?
First, the core driving force of this rally is short squeeze, not active spot buying pushing prices up. In the past 24 hours, the entire network liquidated $268 million, with short liquidations at $150 million accounting for 56%. BTC short liquidations were $29.4 million, 1.7 times that of longs ($16.99 million). After the shorts are wiped out, what will continue to push prices? Every short liquidation means one less forced buyer in the future.
Second, the liquidation intensity below is much stronger than above. Currently, longs account for about 71% of open contracts, shorts only 29%. A $10,000 price drop results in cumulative long liquidation intensity of about $1.663 billion; a $10,000 rise results in short liquidation intensity of only $440 million, nearly four times less than below. Long leverage is piled up heavily; once there is a pullback, the decline could be significantly amplified.
Third, on-chain data is also sending warnings. Whale addresses have recently been conducting tactical hedging operations. Although institutional demand is recovering, they are not fully chasing longs, indicating smart money is choosing to protect profits at the current level rather than chase highs. The open interest in perpetual contracts has risen to about $160 billion, a new high since last October. Overheated leveraged trading itself is a precursor signal for a short-term market reversal. $SOL SOL Market Review
Intraday surged to the high point of 119.65, then followed the broader market down to the low of 116.75, currently priced at 117.20, closing with a long upper shadow candlestick. After the surge, profit-taking by bulls emerged, and the price began to consolidate at the high level to digest the gains.
Key levels: 119.65 has turned into a strong intraday resistance and needs volume to hold above it to have a chance to continue pushing towards the 120 mark; short-term resistance is at 118.50. The first intraday support is at 116.75, with core defense at 115.50. If 115.50 is effectively broken, the short-term upward momentum will weaken, and the price may further test the 113 level for support; holding 116.75 maintains the high-level consolidation pattern.
Market structure: This round of gains is significant, with hourly indicators retreating from overbought levels. SOL has strong altcoin characteristics and its movement is highly correlated with BTC; when the broader market volatility intensifies, its pullbacks tend to be larger than mainstream coins. Long positions in contracts have accumulated, increasing the probability of high-level whipsaws and stop-loss sweeps. Currently, it is in a high-level shakeout phase with increasing divergence between bulls and bears.
Practical perspective: Do not chase the price at high levels. The current price is in the middle of the range, making the risk-reward ratio unfavorable; wait for a volume breakout above resistance or observe the buying strength at support levels. Keep leverage low and set stop-losses with enough room for volatility. Cryptocurrency is highly volatile; the above is an objective market interpretation and does not constitute any trading advice. $2.94T market cap + BTC still surfing the volatility isn’t just “we’re in profit.”It’s the market absorbing liquidity without the usual euphoria spike. That kind of controlled strength often marks the difference between a temporary bounce and the early stages of a sustained cycle.The waves are real… but so is the accumulation underneath them. BTC is sharing some private thoughts, 87245 didn't break through so it started to fall.
Yesterday's low was 85070.2, the high touched 87374.3 but didn't break through, closing at 86369.9. Today opened at 86369.9, the high was 87245, the low 85605.5, current price around 85728. Volume has shrunk.
Above 87245 is still resistance, only above that is yesterday's 87374. Below 85605, if broken again, it’s likely to revisit 85070 first.
In the short term, watch if 85700 can hold. If it can't hold, consider the rally failed, don't chase at this price now. For those already holding, watch if 85605 support holds; if it doesn't, consider reducing your position. $BTC The US and Iran have finally sat down at the negotiating table again
On September 22, US envoys Witkoff and Kushner held about a 3-hour meeting with the Iranian side. After the meeting, Trump described it as "very good, productive," and said the two sides would meet again soon
The market's first reaction was clear: oil prices began to fall
But what really deserves attention here is not just the words "progress in negotiations," but the Strait of Hormuz
Iran proposed that if the US lifts the maritime blockade, releases some frozen assets, and reduces military pressure, it could promote the reopening of the strait. Once Hormuz returns to normal navigation, the risk premium on global energy supply will naturally decrease
So the recent weakening of oil prices is essentially trading on an expectation:
The worst-case scenario in the Middle East situation may be changing
However, this meeting cannot yet be equated directly with a ceasefire. There are still obvious differences between the two sides on military issues, sanctions, assets, and navigation through Hormuz, and the US has not ruled out continuing pressure or even military action
For the market, the most important thing going forward is not "whether talks happened," but whether a real agreement is reached
If there is substantial progress in Hormuz navigation and the energy risk premium continues to decline,
risk assets may get some breathing room; conversely, if negotiations break down again,
oil prices and risk aversion are likely to become the market focus again
This time, what really deserves attention is not the meeting itself, but Hormuz
#美伊3小时会谈释放积极信号？ Lessons Learned from Buying New DEX Tokens (Part Four)
Below are four DEX tokens I bought following a new approach, each with an investment of 30u. After buying, since they haven't reached my doubling target, all are currently below cost price.
Buying Principles:
1. Number of token-holding addresses: This is a metric I value highly. It's not just the total number of addresses, but more importantly, the number of addresses holding more than 10u. These represent real users, and having many users means potential. Some projects do worthless airdrops, showing tens of thousands of addresses at first glance, but only a few dozen hold more than 10u. I firmly avoid those. The ones I currently select all have over a thousand addresses holding more than 10u. Previously, lacking experience, I picked a few like AXON and ZECLAUNCH with only two to three hundred addresses, resulting in losses.
2. Liquidity and market cap: Liquidity must be at least 50,000. I filter for market caps between 50,000 and 1.8 million, corresponding to a 1 billion market size with current prices having about 3 to 4 zeros after the decimal point. Anything higher I avoid. Previously bought tokens like PAIR, PAID, CME had market caps in the four to five hundred thousand range, with very limited appreciation potential.
3. The project has an official website and continuous updates on X (Twitter).
4. The project itself preferably has real revenue and token burn mechanisms.
Based mainly on these principles and some others, I selected the following four tokens. For now, all show losses, but I have some confidence. Whether this approach proves correct, and whether there is a chance to break even or even double, will be verified through actual trading and I will share the results. Interested friends can also try to follow these four, as I have done the homework and the current prices are below my purchase prices.
For reference only, not investment advice. $ZEC Mainstream machine: Antminer Z15 Pro (840KSol/s, 2780W)
1. Extremely low industrial electricity price 0.35 yuan/kWh: pure electricity cost to mine 1 ZEC is about 400~550 USDT
2. Regular electricity price for overseas hosting 0.5 yuan/kWh: pure electricity cost to mine 1 ZEC is about 600~700 USDT
3. Ordinary residential electricity above 0.6 yuan/kWh: pure electricity cost directly >750 USDT
The current ZEC price on the market is around 1650, which looks profitable, but as the network difficulty rises even a bit, the cost immediately increases.
Including miner depreciation (complete real comprehensive cost)
A new Z15 Pro machine costs about 7000~10000 RMB, with a lifespan of about 18 months, which needs to be allocated to each mined ZEC:
- In a high-quality low-cost electricity environment, the comprehensive total cost is about 700~900 USDT per coin
- In an ordinary electricity price environment, the comprehensive cost is 900~1200 USDT per coin, so there is still room for price increase now. The cost to mine one Bitcoin is 25,000 USD, now at 86,000 USD, profit is 60,000 USD. If ZEC follows this ratio, ZEC should at least break 2800, but currently, the profit for mining one coin is very little#美伊3小时会谈释放积极信号？ US-Iran 3-hour talks send positive signals? US-Iran send easing signals, market trades first
The US-Iran situation has finally shown some loosening. The latest news shows that both sides had long communications during the United Nations General Assembly in New York, but according to public reports, a more accurate description is that mediators shuttled messages between the US and Iran. It cannot yet be fully confirmed that there was a "three-hour direct talk" as the picture states. Trump later also said that the US and Iran were still negotiating that day and believed that a final agreement could be reached.
Iran's core conditions remain very clear: the US reduces military pressure and lifts the port blockade, and Iran can reopen the Strait of Hormuz within a few days. However, the two sides have not yet reached a formal ceasefire, and the US has not abandoned military options, so for now it can only be considered that the diplomatic window has reopened, and there is still a distance from actual implementation.
The market has already traded ahead on easing expectations. Brent crude oil fell for the fifth consecutive trading day, closing at $99.25, falling back below $100; WTI dropped to $94.59. Saudi Arabia's restart of the East-West oil pipeline bypassing the Strait of Hormuz further lowered the energy risk premium.
For the crypto market, the oil price decline helps ease inflation pressure and can improve risk appetite. But the easiest mistake to make right now is to take "starting talks" directly as "ceasefire achieved." Short-term can be slightly optimistic, but positions should not be fully loaded; what really needs to be watched next are ceasefire arrangements, the reopening of the strait to navigation, and whether sanctions are substantially eased. Diplomatic news can create rebounds, but only an agreement landing can change the trend. @OKX星球 $BTC
【ZEC】
No shorting. Ninety percent of liquidations are shorts, indicating the bears are still dying, the trend is not over.
Only do one thing: wait for a pullback. 1200-1300 is the first observation zone.
The mainnet launch of NU7 on November 5 is the next event node; avoid heavy bets on direction before then.
【BTC】
Resistance: 86,300 / 86,900 / 88,800
Support: 84,500-85,000 (watershed) / 83,000-83,600
Don’t chase the rally; wait for a pullback to stabilize at 84,500 before going long. If 83,000 breaks, the structure is damaged.
【$ETH 】
Hotter than BTC, ADX 61, short-term most likely to be hit first.
Resistance 2,780 / 2,830 / 2,860-2,888
Support 2,700 / 2,650-2,660
Watch out for the potential $75.32 million selling pressure; don’t panic if it dumps.
· Around November 3 (U.S. midterm elections), reduce all positions by half. That is the biggest turning point.#ZEC巨鲸3.8万枚空单平仓，亏损超3500万美元
The recent movement of ZEC can no longer be simply called a rebound.
As of today at 13:36, ZEC is around $1613, up about 10.1% in 24 hours, with a daily range of $1474–$1643; a 7-day increase of about 40.7%, and nearly 94% over 30 days. In the same period, BTC's 30-day increase is about 10%, clearly showing capital chasing ZEC's high volatility.
But the most dangerous misjudgment is to interpret "strong trend" as "low risk." A daily fluctuation exceeding $160 means that those chasing at high levels, even if ultimately correct in direction, may first be washed out by a pullback.
Next, I will watch if there can be a volume breakout near $1643, and whether there is real support after a pullback to $1600. Price hitting new highs without matching volume looks more like a short squeeze continuation; if buying narrows the price gap quickly on a pullback, the trend is healthier.
At this stage, it is not suitable to use higher leverage to compensate for "getting in late." Missing a portion of the rise only means less profit; chasing the wrong rhythm could cost you an exit.
$ZEC $BTC $BTC new range:
873
857 market price
847
Wall Street entering, institutions bullish, buying regardless of cost, retail shorting or not following up
Since 75k, I've had the urge to use all remaining bullets, but rationality makes me hold some back
873 was eaten once, probably will be eaten again, no much liquidity above 873, can't see much, but now institutions are spot bulls, they are buying, maybe they don't care about this?
847 has a relatively smaller chance of being eaten, if it is, it might start hunting liquidity downward
Market sentiment is very high, to be safe, I closed $TAO and $PONS contract positions, very satisfied with the returns in just one week, reduced some $UNI, $HYPE and $ZEC unchanged, preparing to reduce some $SUI
$BTC position unchanged, still considering whether to fang sou yi bo #How long will the Fed officials keep raising rates?
These guys really don't give people peace of mind.
The rate hike just landed a few days ago, and Balkin, Collins, and Musalem have taken turns making statements. One says 60% of PCE components are still above 3%, another says inflation risks are rising, and one directly says more hikes are needed. On the CME side, the probability of another move in October has passed 50%. This tone is even tougher than before the rate hike.
The Fed pressed the rate hike button, but the message is clear: don't think it's over.
The 10-year Treasury yield is stuck near 5%, the 30-year mortgage is almost 7%, and another hike will only make things worse.
Gold is acting strangely; with rates this high, it’s rising instead of falling, geopolitical tensions persist, and central banks are still buying. There’s also trouble with Treasuries: the Treasury Department plans to increase short-term issuance, possibly adding over a trillion dollars in supply, tightening liquidity.
Bitcoin is around 86,000, rising instead of falling after the rate hike. Funds are betting this is just a "limited rate hike." If there really is a hike in October, today's rebound will be overextended. If not, those who don’t buy now will have to chase higher later.
One hike isn’t scary; what’s scary is that there will be more.
$BTC eyes 84,200, $ETH watches 2,714-2,760. ETFs can hold in the short term, but the buffer is thinning. The PCE on September 30 is the next hurdle.$BTC 2019年9月23日早上8点，台湾的交易者如果守在电脑前，可以看到一项等了很久的新产品正式开盘。 几分钟后，第一份Bakkt比特币月度期货以10,115美元成交。 这笔交易只有一枚比特币，却被市场寄予了远超一枚比特币的期待。Bakkt背后的洲际交易所集团（ICE）同时拥有纽约证券交易所。加密行业相信，这套华尔街熟悉的交易、清算与托管体系，能够为机构资金打开一扇门。 日期需要先说清楚。交易于美国东部时间9月22日星期日晚8点启动；当时美国实行夏令时，换算为台湾时间已经是9月23日星期一早上8点。因此，本期采用2019年9月23日。 Bakkt早在2018年便公布计划，最初希望当年12月上线。随后，产品因监管、托管和清算安排多次延期。经历一年多等待，日度与月度比特币期货终于在ICE Futures U.S.挂牌，由ICE Clear US负责清算。 它与当时市场上的比特币期货有一项关键差别：实物交割。 芝加哥商品交易所此前推出的比特币期货使用现金结算。合约到期时，交易双方按照参考价格计算盈亏，再用美元完成支付，无需真正交出比特币。 Bakkt的合约允许持仓进入实物交割。每份合约Let me tell you something, $BTC is currently at 85930.5. I just checked the market and have some thoughts. It dropped from 87245 down to 85406, and now it’s rebounding to 85930, stuck in the middle. I used to lose 200,000 U because I messed around at this kind of level, going long and short back and forth, ending up getting slapped on both sides. Now I’ve learned my lesson; I don’t trade at these levels, I wait for clear signals. $BTC current price 85930.5, resistance at 86000, support at 85406. My plan: if it pulls back to 85406 and stabilizes, open a long position with 5000 U, stop loss at 85100, target 86000; if it rebounds and hits resistance at 86000, open a short position with 5000 U, stop loss at 86300, target 85400. Never hold a position without a stop loss, recovering from a 200,000 U loss. Let me tell you honestly: less trading means more profit. $BTC #Aave v4 has been live for a month, with deposits exceeding 1 billion USD, while the lending volume is only 300 million.
The deposit speed is three times that of borrowing; this is not a DeFi blue chip, but clearly a newly opened wealth management counter😇 Funds are crowded at the door and not lent out, much like you and me fully bullish in a bull market.
$BTC $ETH $AAVEThe Solana community is making big moves again!
During TOKEN2049 Singapore, Solana will partner with 021Lab to host a two-day Mini Hacker House, scheduled for October 5-6.
What’s most noteworthy this time isn’t just the event itself, but the funding incentives behind it:
Over $440,000 in ecosystem prizes + $2.5 million in seed round financing opportunities.
This is essentially a continuous "blood transfusion" to the Solana ecosystem.
Developers get prizes, outstanding projects receive funding, and once projects launch, they bring users, transaction volume, and capital, ultimately forming:
developers join → project incubation → financing → application growth → user increase → on-chain transaction growth → SOL ecosystem expansion.
So when looking at SOL, you can’t just focus on short-term price movements.
The true competitiveness of a public chain largely depends on whether there are continuous new projects, new users, and real transaction demand.
Solana continuously attracts developers through Hacker Houses, hackathons, ecosystem funds, and financing opportunities, essentially competing for the next wave of application-layer growth.
And SOL itself is the core asset of the entire ecosystem.
The more ecosystem projects there are and the more active the on-chain activity, the more the attention and demand logic for $SOL will continue to strengthen.
Therefore, what’s truly worth watching in this event isn’t the $440,000 prize itself, but the developer growth and ecosystem expansion behind it.Some people think I'm a fence-sitter, sometimes long, sometimes short.
I’m not. Just look at my positions to know. The money I lost shorting
$BTC is now at 86k, I’m not shorting. I’m holding no position and not in a hurry.
The biggest loss I took was on $SPCX , both spot and futures.
At that time, the margin could have gone up to 220 before liquidation, but I got bored.
I voluntarily closed the position, then played other trades and already made it back.
#DailyOrbit #BTC87KCryptoCap3T [Pharaoh's Market Watch]
SanDisk has been lifted up again by institutions with a new target price, this time directly shouting $2400. Is it about to take off again?
Pharaoh says directly, Rosenblatt’s move this time isn’t just a target price, it’s labeling SanDisk as a "core asset of AI infrastructure." $2400 is significantly higher than the current price, with three main reasons: First, AI inference demand is pulling NAND from the consumer electronics cycle into the data center cycle; second, SanDisk’s $94 billion long-term contract locks nearly half of its capacity for the next few years, raising the cycle bottom; third, the HBF new technology will deliver samples next year, and once it works, SanDisk won’t just be selling flash memory, it will be selling AI inference infrastructure.
But Pharaoh has to pour cold water. The target price is a pie drawn by institutions, whether you can eat it depends on whether NAND prices can hold steady next quarter. Currently, price increases are indeed slowing down, the consumer side already thinks it’s too expensive and stops buying, relying entirely on enterprise SSDs to support it.
For Bitcoin, storage stocks strengthening and crypto are a seesaw. When chip stocks attract a lot of capital, Bitcoin will lose some attention. But the overall AI infrastructure chain moving upward indicates that the tech sector’s risk appetite remains, so Bitcoin won’t be neglected in the long term.
Pharaoh’s one sentence: 2400 is a target, not the end. Don’t chase at the peak; wait around 1700 to buy in batches on dips. Eating 50-100 is not a big problem! $BTC $ETH $ZEC #闪迪获Rosenblatt买入评级，目标价2400美元 #CLARITY Blocked, Saylor Advocates Expanding Adoption First
The CLARITY procedural vote failed
49 to 50, far from the 60 votes needed
Top bull Saylor says don't wait for legislation, expand adoption first
Strategy holds 845,000 coins, no purchases in the past two weeks
Instead, repurchased $316 million of its own stock
At the same time, SEC and CFTC are pushing forward using existing authority
Five-year exemption for tokenized stocks implemented, UNI surged over 21% intraday
Congress is stuck, but the industry hasn't stopped
However, the temporary exemption is not a permanent license
Administrative supplements can't replace the law that clarifies boundaries
My judgment is
We need to watch the real on-chain trading volume of tokenized stocks
Only when volume picks up can adoption be considered implemented
No volume means speculation
$BTC $ETH $UNI #CLARITY Blocked #CryptoRegulationUniversity students claim to have developed a post-quantum solution for the Lightning Network
Students at Texas A&M University in East Texas say they have created the first post-quantum secure solution for the Lightning Network.
The original rule states:
Post-quantum security means protection against future quantum computers.
They haven't been built yet, so the threat is preemptively guarded against.
Common misunderstanding:
The Lightning Network is a layer two solution; settlement still returns to the main chain.
The main chain's signature algorithm hasn't changed; this layer of protection only covers the channel segment.
The day quantum computers can really break elliptic curves,
the first to be affected won't be the Lightning Network.
It will be the private keys of each address.
#BTC冲高$87000，加密总市值重返3万亿 $BTC 🔥The Fed's consecutive "hawkish" moves! In-depth analysis of the interest rate, gold, and U.S. Treasury bond game logic
1. Monetary policy direction: rate cut expectations shattered, tightening tone continues
Recently, several Federal Reserve officials have spoken intensively with a clear core stance: the pace of inflation decline has not met expectations, and the high interest rate environment is likely to persist longer than the market originally anticipated. The current market has basically priced in the reality of "no rate cuts in the short term," and has even repriced the risk of further rate hikes. Future policy shifts will entirely depend on the upcoming CPI and employment data; as long as inflation shows fluctuations or rebounds, the tightening stance will not easily loosen.
2. Gold bulls and bears battle: safe-haven buying resists high interest rate pressure
From traditional pricing logic, high interest rates and a strong dollar are major negatives for the non-yielding asset gold. However, recently gold prices have shown a counter-trend independent performance. The gold market is currently at a critical point of intense bull-bear competition: resistance from the dollar and U.S. Treasury yields above, support from safe-haven demand and physical demand below, making it difficult to change the pattern of sharp fluctuations at high levels in the short term.
3. U.S. Treasury supply shock: increased short-term issuance, liquidity under pressure
The U.S. Treasury plans to significantly expand the issuance scale of short-term Treasuries, with the short end market facing a supply shock of trillions of dollars. Massive bond issuance will inevitably push short-term yields higher, "nailing" the reality of high interest rates firmly on the table. Meanwhile, the Treasury market's siphoning effect on funds will bring substantial liquidity drainage pressure to risk appetite markets such as stocks and crypto assets. $XAU $BTC $CL #财报观察员：好市多Q4财报即将公布
Brothers, the key point of Costco's earnings report tonight is not just about how much profit they made, but how much purchasing power consumers still have.
For a company like Costco, membership fee income and renewal rates are crucial. No matter how much stuff they sell, if memberships start to decline and renewal rates drop, the market will definitely put pressure on them first. On the surface, American consumers are still buying, but high interest rates and living costs are weighing down; whether people are spending normally or just trying to maintain their previous lifestyle might be revealed in the earnings report.
I will focus on three areas: whether revenue continues to grow, how the online business performs, and what management says about the next quarter. Data beating expectations doesn't necessarily mean an immediate rise; if guidance is conservative, the stock might open high but close lower; if the earnings are average but management is optimistic, the market might still give some credit.
$COST, as a large-cap blue chip, fears not poor performance but overly high expectations. Everyone thinks it's stable, so the stock price tends to price in good news early.
Don't rush to chase tonight; wait for the market to deliver the answers. Earnings season often likes to pump the stock first, then push back those who bought at the top.$MU Micron and Costco earnings reports are not directly related
Costco just released its Q4 earnings, but everyone's focused on Micron Technology. These two businesses are completely unrelated; retail data cannot directly infer semiconductor demand, so don't mistake consumer enthusiasm for a chip market boost. Although market sentiment fluctuations can sway all assets together, individual stocks ultimately depend on their own industry cycles. Without substantial short-term news support, prices will most likely follow a neutral market oscillation; the mid-term trend depends on a real turning point in storage chip supply and demand. Overinterpreting unrelated news now can easily mislead judgment.
Trend conclusion: short-term neutral oscillation, mid-term waiting for industry turning point
#财报观察员：好市多Q4财报即将公布 The reason why the SEC's innovative exemption for tokenized stocks strengthens UNI is not just because of the slogan "stocks can be on-chain." The more crucial change is that regulators have started to handle both the securities side and the cash side simultaneously: eligible tokenized US stocks can be combined with qualified stablecoins, tokenized money market funds, and other payment asset portfolios to explore automated market making and atomic settlement.
This means the next competition will not only happen on the trading interface. Whoever can provide compliant liquidity, reliable pricing, and settlement cash is the one who can truly benefit from the infrastructure dividend. DeFi protocols have gained a window to enter the traditional asset market, but they are no longer just facing on-chain players; they are also up against brokers, custodian banks, exchanges, and fund giants.
I am excited about this because on-chain finance finally has a chance to break free from the pure crypto circle; I also remain cautious because the exemption is a conditional, revocable experiment, not a full regulatory approval. UNI's rise reflects expectations, but whether it retains value depends on the real trading volume and who ultimately receives the fees.
#SEC代币化股票创新豁免落地，UNI盘中涨超21% According to OKX market data, $ZEC is currently quoted at 1460.50 USD, recording a single-day decline of 4.49%. In the broader market environment where BTC is simultaneously rebounding, ZEC has experienced an independent correction, with selling pressure at high levels beginning to emerge.
Looking at a longer timeframe, ZEC's price has surged over 2500% in the past year, and the existence of significant unrealized profits has naturally led to market expectations of profit-taking. The core contradiction in the current market lies in whether new funds will take over the high-level chips and whether the privacy narrative can continue to attract incremental inflows.
Recently, the NFT blind auction event in the Zcash ecosystem has become a focal point of market discussion: during the auction phase, bids totaling 25,305 ZEC were received, equivalent to 36.94 million USD, but only 12,000 ZEC were ultimately transacted. Aurora handled routing funds exceeding 19 million USD in this auction. On-chain investigator ZachXBT immediately raised doubts, suspecting on one hand that the NFT project itself lacks real application value, and on the other hand questioning the whereabouts of approximately 17 million USD refunded, with the controversy continuing to escalate.
Although this large auction verified that Zcash's privacy payment technology is capable of supporting large-scale cross-chain fund transfers, it does not directly prove that the market will continuously bring sustained capital inflows to ZEC. Technical capability does not equate to genuine long-term demand. 📉 Two recent shorts, quick review:
1️⃣ Short from 74,500, SL 77,500 — entered too impulsively after waking up, based on a wrong assumption about the cost level holding.
2️⃣ Short after the 40% rebound — the 83,000 breakout changed my view, so I closed it. I expected a pullback, but liquidations pushed BTC higher instead.
The old short has now been closed too. Most of the short profits wereso the overall drawdown is under control.
The bigger picture: still watching the bull-market trend. 🚀Two quieter but potentially sticky developments stand out:
CME is set to launch Bitcoin Cash and Uniswap futures on October 19. Fresh institutional derivatives access often precedes deeper liquidity and tighter spreads.
Tokenized stocks and RWAs keep advancing lenders are exploring them as collateral and major Canadian banks are examining tokenized deposits. On-chain equities are no longer just narrative. Today is another "boring" day. 📉📈
No heart-pounding 100x leverage, no life-or-death speed on the edge of liquidation.
$AMZN opened 6x, $SPCX opened 3x, looking at the green +1.30% and +0.57% in my account, honestly, I feel nothing inside, maybe even a bit amused. 😂
I used to think this rate of return was unworthy of the principal, but now I realize that being able to steadily make some money every day in crypto without anxiously watching the K-line is the greatest luxury.
These 700+ U may not be much, but they are a real sense of security in my pocket. I'll add a chicken leg tonight and keep grinding bricks tomorrow.$BONK $BONK /USDT This wave is purely about watching the chart; the candlesticks are speaking. The 4H volume is increasing as it pushes upward, the pullback hasn't broken the previous low, there are support orders on the order book, and the SOL ecosystem meme sentiment is also warming up a bit. These are the reasons I think it's worth monitoring. But without fundamental support, manipulative dumps and fake breakouts are normal; chasing highs can easily get stopped out, so don't overleverage your position. I will personally observe with a small position and not chase the highs. What do you think, is this smart money taking the lead or manipulative whales fishing?
👇👇👇GM 🔥
Yesterday’s live session highlighted key levels for $BTC and $ETH .
$BTC : If the $87.3K–$87K zone rejects, a pullback toward $85K could follow. Holding $85K keeps the upside structure intact; losing it may increase downside pressure.
After the move above $87K, long funding rose during the pullback—worth watching as positioning gets crowded.
#BTC87KCryptoCap3T #USIranTalksProgress The September 22 discussions lasted roughly three hours, but the important question for markets isn’t simply whether the meeting was “positive.” It’s whether the talks can produce concrete steps toward reopening the Strait of Hormuz. Iran has reportedly linked reopening the strait to conditions including lifting the naval blockade, releasing frozen Iranian assets and broader de-escalation. Reuters also reported that Tehran said Hormuz could potentially reopen within days if U.S. military pressurPrivacy entering long-term research does not mean ETH wants to turn all transactions into black boxes
The Ethereum Foundation has listed privacy as a research direction spanning multiple upgrades. The need for privacy is very real: salaries, business payments, and institutional positions are not suitable for permanent public disclosure. But if all activities are completely unobservable, compliance, auditing, and risk management will also face new difficulties.
A more practical goal is to let users choose the scope of disclosure. They can prove they meet a certain condition without revealing their entire balance; they can provide information to specific auditors without broadcasting details to the whole world. The value of zero-knowledge proofs lies in verifying facts without binding to data exposure.
Beyond technology, there are product challenges. If privacy tools are complicated to operate, expensive, or easy to misuse, they will remain in the hands of only a few. Wallets need to integrate permissions, recovery, and selective disclosure into processes understandable by ordinary people.
If $ETH is to become the global financial infrastructure, it cannot require every enterprise to display their ledger in real-time to competitors, nor can it rely on complete opacity to evade responsibility. Mature privacy does not mean disappearance but allowing data owners to authorize according to rules. The ability to selectively prove is the intersection where privacy and compliance can coexist.
Users can protect trade secrets while proving compliance when needed, which is sustainable financial privacy.🔥Token Breakdown｜CORE (Core DAO), an eye-catching narrative but hiding big pitfalls
CORE is a Layer 1 public chain focusing on Bitcoin security + EVM compatibility.
It relies on the Satoshi Plus hybrid consensus to combine Bitcoin's computing power with the smart contract ecosystem. BTC holders can stake through CLTV time locks to receive CORE token rewards, building the BTCFi ecosystem.
⚠️Key risks you must understand:
The token inflation pressure is significant, with a total supply of 2.1 billion tokens and a release cycle lasting up to 81 years.
Early reward contracts had vulnerabilities, causing excessive token issuance that triggered market panic; although a hard fork later destroyed some tokens, market confidence is hard to restore.
The current price has retraced over 99% from its historical high, and ecosystem applications like lstBTC and SatPay are still in early stages; real revenue and buyback mechanisms have yet to be market-validated.
In summary:
Its narrative is indeed innovative, but the token selling pressure is heavy, and trust restoration will be a long process.
In the short term, you can study the BTC staking security logic, but it is not recommended to speculate directly on CORE tokens.
$CORE +12.87%Technicals: BTC weekly above 50W MA, daily bullish, but 4H overbought may need a breather.
Flows: BTC ETF saw ~$1B single-day inflow, a 2026 record! Short squeeze fueled it. Exchange BTC at 7-year low. Big news — a whale sold 1,107 BTC and swapped into 34,422 ETH, all staked!
View: BTC-led, altseason not yet. Short-term chop, mid-term BTC 92-95K, ETH 3-3.2K.
Strategy: Long BTC 84-85K, stop 82K; long ETH 2620-2680, stop 2420.
Question: Whales are selling BTC for ETH — are you following? ZEC has pushed to fresh highs as new institutional access points continue to emerge. The bigger question now is whether additional demand can keep pace with the rapid price expansion. 1️⃣ European ETP access expands 21Shares has introduced a physically backed ZEC ETP on European exchanges, adding another regulated access route alongside the U.S. market. This potentially broadens the pool of investors able to gain exposure to ZEC. 2️⃣ Corporate treasury narrative strengthens Cypherpunk has increaCORE is currently around $0.021–$0.022, with an estimated market cap near $32M—a dramatic decline from its previous peak around $6.40. The bigger issue is the tokenomics and on-chain activity: 🔹 Token supply concerns After excess validator rewards led to a hard fork and the destruction of more than 150M tokens, questions remain around roughly 69M “ghost” tokens that reportedly moved off-chain and were not recovered. 🔹 BTCFi narrative vs. actual activity CORE still has the Satoshi Plus ecosysteTrumpToutsCPIWi#CryptoTreasuriesBuy
The moment the fire alarm sounds, rookies think about earning merit and rewards, while veteran firefighters always think about just one thing—where the safety exit is and how much pressure remains in the oxygen tank.
Trump is hyping up the CPI data, and the whole internet is cheering for the so-called good news, but what I smell is not the champagne of victory, but the deadly burnt plastic smell inside a sealed fire scene. The current hype around Ethereum is not a healthy bull market recovery at all; this is clearly a textbook sign of a "Flashover".
In fire rescue, when a large amount of unburned flammable gas accumulates indoors, the sudden influx of fresh air from outside can instantly trigger a full building flashover. Various funds, seeing the so-called cooling inflation news, rush into the fire like madmen, completely unaware that the smoke on the ceiling is already pitch black and shining.
Look at the vital signs monitor in my hand; $ETH’s current market data is chillingly cold. The current price is barely hanging on around 2734, the 1-hour RSI is only 42.9, not even touching the midpoint line, which means the momentum pressure on site is simply insufficient to sustain an upward attack.
The Bollinger Bands have narrowed into a narrow escape corridor. The upper band is at 2774, the middle band resistance at 2752, and the current price is just one step away from the lower band at 2729. The bulls haven’t even kicked open the middle Bollinger band threshold, yet someone dares to rush into the fire empty-handed—this is no different from suicide.
I have witnessed too many casualties from blindly chasing highs. The smoke is rapidly settling to the ground, a sign that the entire structure is about to lose its load-bearing capacity. The impulsive surge driven by sentiment is like a dying flame; it won’t last more than a few minutes and will quickly consume all the liquidity oxygen.
Amid the thick smoke, what saves your life is never empty slogans, but the sturdy lifeline in your hand and the cold fire door. Under this extremely fragile support, the bearish smoke can backflow at any time, triggering a suffocating deep correction.
My firebreak is already built and sealed; I won’t take another breath of toxic gas in this debris full of combustibles. The rescue rope is firmly fixed at the stop-loss anchor point, and the countdown to closing the escape door has begun.🧑🚒🧯ETH 晚间核心逻辑 · 2784碰一次软一次，上方墙硬。小时冲出去又掉回，等于白冲。 · 现在看2703-2713能否接住：接住还有口气摸2784，接不住去2648附近等止跌。 · 2703-2713支撑太扎眼，挂单堆得多，主力要么在2731来回恶心再拉走，要么直接砸穿2703往2648干，先吓再收。 · 做多：2737带量过，右侧追多，看2784-2808。 · 做空：2715带量破，右侧追空，看2648-2606。 · 没量看戏，止损必须带，别扛。 · 4小时：2671-2359箱体不破就没事；跌回去箱体说了算，2521中轴下一眼。2671破了短线多单减。 BTC 晚间核心逻辑 · 87004摸一下没站住，缩回85228上方震，假突破。87377没真正过，双顶味有，但85228没破就是纸老虎。 · 命门：85228。破了小时双顶+M头才算数，下看83689-82802；不破继续震。 · 做多：别挂单硬接，等回踩85228-85002看止跌信号（长下影、放量反包、底背离）再考虑。小时MACD顶背离有回调需求，但85228不丢跌不深。大背景没坏，回调是给多单机会。 · 做空：8529$BTC rebound is strong, but several risk points cannot be ignored:
1️⃣ If 82,125 is lost, the long liquidation pressure may significantly increase.
2️⃣ Limited growth in new and active on-chain addresses; incremental capital signals remain weak.
3️⃣ Exchange BTC reserves have risen to a yearly high, potential selling pressure is worth attention.
4️⃣ Market depth is thin, insufficient liquidity may amplify short-term volatility.
5️⃣ RSI at 86.88, price close to the upper Bollinger band, short-term pullback risk exists.
6️⃣ 9/30 PCE and 10/2 Nonfarm Payrolls will be important tests for the subsequent market.
Don't get led by a single bullish candle in the short term; focus on the gain or loss of 82,125 and whether capital continues to flow in. #财报观察员：好市多Q4财报即将公布 #美伊3小时会谈释放积极信号？