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Strictly following this set of standards: fully inheriting the BTC genesis ledger, obtaining all dormant and lost BTC coins, a hard cap of 21 million, no pre-mining, all issuance comes from mining, and having an independent public chain ecosystem.
Apart from BTC, only BCH truly meets the full set of conditions.
BSV
Also forked and snapshot to inherit the entire BTC ledger, total supply 21 million, no pre-mining. But the community narrative and development path are highly controversial, the ecosystem is weak, and market consensus is very different, so it is not in the same category.
LTC
No pre-mining, fair mining, hard cap on total supply, with a mature ecosystem. But it started from zero genesis, did not copy BTC's historical ledger, and does not have that large batch of lost dormant BTC coins, so that portion of passively dormant supply does not exist.
XEC
Forked again from BCH, inherits the ledger, but block rewards are forcibly split to development and staking, differing from BCH's pure miner distribution model.
In summary:
The coins that truly inherit the entire BTC historical ledger and along with it that large amount of dormant lost coins are BTC as the original, and BCH as the only second example.
Other PoW coins either do not inherit the BTC ledger or have obvious differences in community and token distribution mechanisms.
BCH's unique point is that
it does not rewrite a new chain but directly copies the entire BTC history. Those coins whose private keys are lost or early holders abandoned them are all copied exactly, resulting in a high on-paper circulation but very little actual tradable floating supply, a characteristic other coins do not have.
$BCH What I find most interesting about this wave is not "BTC surging to 87,000, total market cap returning to 3 trillion," but how the market reacts after the surge.
From the chart, BTC quickly fell back after reaching 87,245, hitting a low of 83,439, and now has rebounded to around 84,300. In other words, the news looks hot, but the market has already given a stress test.
I separate "large ETF inflows" from "price continuing to rise." Funds are indeed coming in, but in the short term, there are options expirations, profit-taking after the surge, and short covering all overlapping, which tends to amplify volatility.
If it were me now, I wouldn’t rush to short around 84,000, since we just experienced a rapid drop; but I also wouldn’t chase longs just because the total market cap has returned to 3 trillion.
I want to wait for an answer: can 84,000 truly hold steady?
If it holds, it means this pullback is just digestion; if it doesn’t, the surge to 87,000 needs to be redefined.
In this market, the hype is real, and the funds are real, but when the money enters and whether it can push the price higher afterward are two different things.
#BTC冲高$87000，加密总市值重返3万亿 This is not shorting. This is measuring Bitcoin's current pricing vulnerability using the risk-free rate as a yardstick.
The third truth: Spot demand has been negative for 30 consecutive days; this rally is "shorts buying."
Now let's look at the harshest data.
CryptoQuant's report shows: Bitcoin's 30-day cumulative spot demand is -180,000 BTC, still negative. The total average demand improved from -188,000 to -126,000, narrowing the gap, but overall remains in negative territory.
Do you understand?
The spot market has been net selling for the past 30 days.
So why did BTC rise from 73,000 to 87,000?
Because shorts were forced to liquidate.
From September 21 to 22, during Bitcoin's rise from 82,000 to 87,374, about $919 million worth of short positions were forcibly liquidated. Short liquidations generate buy orders, buy orders push prices up, and rising prices trigger more short liquidations. $ETH $BTC $SOL #BTC冲高$87000，加密总市值重返3万亿 #美伊3小时会谈释放积极信号？ #财报观察员：好市多Q4财报即将公布 Brothers, institutional funds are still entering the market;
The inflow of funds into spot Bitcoin ETFs has indeed been very strong these days. On September 21, the net inflow in a single day was nearly $999 million, and on September 22, about $715 million flowed in, totaling over $1.7 billion in two days. Moreover, it’s not just one institution buying; multiple ETFs like BlackRock, ARK, and Fidelity have seen significant capital inflows.
But I think we shouldn’t just shout bull market when we see $1.7 billion.
It’s true that ETFs have money coming in, but whether the price can continue to rise is another matter.
If funds keep flowing in and Bitcoin can hold steady at $85,000 or even move upward again, it means institutional buying is absorbing market selling pressure.
But if ETFs keep seeing daily inflows and Bitcoin still can’t rise, then be cautious—
Money is indeed coming in, but there may be even more sellers.
So going forward, don’t just focus on the amount of ETF inflows; pay more attention to whether the price can actually move after the funds enter the market. 🔥$BTC crashed from $87K down to around $84K! Don’t look for some “super negative news,” this is actually a textbook chain reaction of a cascade.
📊 【Three Major Reasons Behind the Crash】
▶ US Treasury yields rising: macro liquidity under pressure.
▶ Insufficient spot support: buying power disconnected.
▶ Long leverage too crowded: directly triggering the sell-off.
📉 【Breakdown of the Downward Market Logic】
$87K failed to hold after two breakout attempts, then the macro market went Risk-off, price broke below $85K-$84K, causing a large number of Long positions to be liquidated, further amplifying the decline.
**The downward path is very clear**: $87K breakout failure → spot selling pressure → break key support → long liquidation → accelerated drop.
💰 Next, the focus is not on “why it fell,” but on whether $84K can be quickly recovered after leverage is flushed out. 👀
🟢 If quickly recovered: last night’s spike might just be a very standard Leverage Flush, and the bull market structure remains intact.
🔴 If not recovered: the market may continue downward to seek liquidity.
(Source: OKX Planet 09/24 )
#BTC冲高$87000，加密总市值重返3万亿 #美伊3小时会谈释放积极信号？ #财报观察员：好市多Q4财报即将公布 ETH 现价 2684.0。 24 小时跌 2.59%，比早上我刚看的时候又深了一点（那时是 2.39%）。大盘一起在回撤，ETH 跌幅和 BTC 的 2.02% 相比略深，但都在同一个节奏上。 今天我要说的不是这几个百分点。是 45.63%——ETH 距离历史最高 4946.05 的回撤幅度。 为什么这个数字比日涨跌重要。当一个资产从顶部跌掉近一半，它所有的反弹都发生在深坑上沿，而不是上升通道里。这决定了这些反弹的性质是修复，不是趋势。 看一年：-35.76%。一整年过去了，ETH 仍没能从高位回撤中恢复。中间当然有亮眼的波段——7 日涨 12.31%，30 日涨 8.54%，都在改善。但把时间拉长，这些波动都只是坑里的涟漪。 资金费率 +0.0000376，正的。持仓量 611328.61。 对比一个多小时前：那时费率是 0.0000067，价格 2688.27。现在价格更低，费率反而更高。这和 BTC 是同一个现象——价格在跌，做空的押注在增加。 24 小时区间 2633.33 到 2787.83，7 日区间与之一致。现在的位置离低点 50 美元，离高点 104 美元。2633 Greed index at 71, but the funding rate for WLD is negative—so which side is the capital actually on?
The answer is: shorts are dumping in the spot market but paying longs on the futures side. WLD current price is 0.4068, down 13.41% in 24h, RSI only 26.4, already in the oversold zone, MA5 has crossed below MA20, MACD bearish bars continue, the trend remains weak. However, the funding rate of -0.0110% indicates crowded short positions that need to pay longs; once the price stabilizes, this structure easily triggers a short squeeze rebound, which is also a high-frequency spike zone. The lower Bollinger Band at 0.3844 is a key short-term support; the current price is less than 6% above it, so the risk-reward ratio is starting to tilt toward the longs. Strategy: do not chase shorts, wait for a pullback to buy.
Entry reference range: 0.395–0.403 (above the lower Bollinger Band, oversold stabilization zone). Take profit 1: 0.430 (MA20 resistance level, also a previous dense trading area); Take profit 2: 0.456 (below the upper Bollinger Band, the upper limit of the rebound under greedy sentiment). Stop loss: 0.382 (if it breaks below the lower Bollinger Band, the oversold logic fails, and the risk of a negative funding rate long squeeze rises).
The negative funding rate of $WLD is a core signal of the long-short game, do not ignore it. Also watch concurrently: $PUMP, $BTC, both also below moving averages with weak RSI; $BTC funding rate remains positive, relatively more resilient.
(Personal opinion for reference only, not investment advice. Futures carry very high risk, please strictly control your position size.$BTC BTC Market Brief
After surging to 87245 yesterday, selling pressure concentratedly emerged, deeply pulling back to 83490, current price 84300. A significant shakeout occurred, with many high-leverage positions directly liquidated.
87245 has turned into a strong resistance level, with the first rebound barrier at 86000. 83490 is the support level at the low point of this decline, and the key defense position is at 82600. If it holds above 83490, there is still a chance to rebound and test resistance; once it breaks down again, the upward momentum of this round will be disrupted, and the adjustment period will be extended.
This sharp drop is due to a large amount of profit-taking after continuous rallies, compounded by contract chain stop-losses triggering each other. The market sentiment was overheated earlier, with a large influx of leveraged funds, making it easy to accelerate the decline when faced with selling pressure. The long-term trend has not directly turned bearish yet, but the short-term upward momentum is clearly exhausted, and now it is a high-level consolidation and reshuffle. The market is unstable, and altcoins will continue to amplify the volatility.
In practice, do not rush to buy the dip just because you see a lower shadow on the candlestick. Observe several candlesticks to see if the buying support below is solid. Recent market fluctuations are intense, with frequent spikes up and down. Leverage must be reduced, stop-loss points planned in advance, and do not stubbornly hold losing positions. 84412.5。24 小时跌 2.02%，市值 1.69 万亿美元，成交额 83.5 亿美元。 这是今天第二次刷新这个数字了。早上我写这篇的时候是 84501.6，一个多小时过去，又往下走了 89 美元。数字不大，但方向很一致。 24 小时高点 87245，低点 83439.3。现在的位置离低点 973 美元，离高点 2832 美元。7 日的区间和 24 小时完全重合——也就是说，今天 BTC 已经把这一周的上下沿都摸过一遍了。 最值得注意的是资金费率：现在报 +0.0000236，转正了。 一个多小时前这个数字还是负的（-0.0000103）。从负翻正，中间发生了什么？在价格继续下探的同时，费率先转正——说明这一轮下跌里，空头开始为持仓付钱，做空的人变多了，或者说想继续做空的人愿意倒贴。 这个信号的方向，和价格本身是矛盾的。价格在跌，费率在涨，说明市场对"还要跌"这件事的押注在增加。但恰恰是这种时候，最容易出现反转——当所有人都想着跌的时候，下跌的燃料就快用完了。 7 日仍 +11.59%，30 日 +7.19%，1 年 -24.77%，距 ATH 回撤 33.08%。这几条线连起来Unexpectedly, Trump actually bought the dip in MicroStrategy in July, and now everything makes sense.
A document from the Office of the Comptroller of the Currency has exposed Trump's holdings.
July transaction records:
July 24: Bought CB Class A shares
July 24 and 27: Bought MicroStrategy (Strategy) Class A shares twice
July 29: Sold CleanSpark and MARA
The timeline matches up.
July was right before the crypto market took off.
At this point, Trump sold mining companies and bought exchanges and Bitcoin reserve companies.
CleanSpark and MARA are Bitcoin mining companies, while Strategy and CB are more direct crypto exposures.
What is MicroStrategy?
MicroStrategy is the world's largest Bitcoin reserve company, holding 846,000 $BTC.
Buying MicroStrategy is essentially buying Bitcoin indirectly. And it's leveraged, with a financing flywheel.$ZEC: Short on the rebound
Strategy:
· Wait for the price to rebound to the 1535-1550 range (near MA10 resistance and the downtrend line) and then enter a short position after resistance is confirmed.
· The initial target is the previous low at 1480; if broken effectively, hold until 1440; stop loss set at 1570 (above MA20).
Core basis:
1. Extremely distorted chip distribution: the nominal long-short ratio is as high as 936%! Long positions hold 402 million U, shorts only 42 million U. The average long price is 1045, with unrealized profits exceeding 124 million U (a profit ratio of 58.78%). The market fears everyone crowded on the same boat; now longs dominate this richest segment, creating perfect conditions for a manipulative short squeeze.
2. Cliff-like breakdown on the chart: On the 1-hour timeframe, a waterfall plunge from the 1680 high, with MA20 (1570) and MA10 (1518) forming a bearish death cross diverging downward. The current low-volume sideways consolidation near 1519 is clearly a bear trap during a downtrend, not a stable reversal.
3. Resistance and risk-reward ratio: There is dense trapped long positions in the 1535-1550 range above, and the funding rate remains positive (0.0100%), indicating crowded longs. In this extremely imbalanced situation, betting on a long counterattack has poor cost-effectiveness; shorting on the rebound offers a better risk-reward ratio.
When the water is full, it overflows; when the moon profits, it loses. The long party has long dispersed; every rebound now hands the knife to the manipulators. The short position is already in place, waiting for this 120 million unrealized profit to vanish into thin air.$ETH ETH Market Brief
After surging to 2787 yesterday, selling pressure surged fiercely, crashing all the way down to 2633 before seeing support. Now it has bounced back to 2685, a vivid rollercoaster ride. When it pulled back, many who chased at high levels were directly trapped.
2787 has solidly become a strong resistance zone, with the first rebound hurdle at 2730. The previous low at 2633 is an important intraday support level, and the mid-term defense lies at 2600. Only if it can hold above 2680 is there a chance to test the upper resistance; once it breaks below 2633 again, the adjustment period will be extended.
This pullback is a concentrated profit-taking after continuous rises, combined with the overall market weakening simultaneously to form resonance. Earlier long positions piled up too much, triggering a chain of stop-loss orders once it pulled back. The major upward pattern has not been completely broken, but the momentum to push higher has clearly weakened. Now it is a high-level shakeout and turnover. The subsequent trend entirely depends on Bitcoin’s performance; if the market is unstable, Ethereum will find it hard to strengthen alone.
In practice, don’t rush to bottom-fish just because of a long lower shadow on the candle. It’s best to observe several candlesticks to confirm solid buying power before acting. At this stage, the range will be tugged back and forth, with frequent spikes. Keep leverage as low as possible, and plan your stop-loss before entering; don’t stubbornly hold onto floating losses. Brothers, what do you think about the tokenization of US stocks? I think the real point of interest is not just the words "on-chain":
This time, the New York Stock Exchange and Blockchain.com have signed an agreement to explore tokenized US stocks and ETF trading. But to be clear: this is currently just a cooperative exploration, and subsequent regulatory approval is still needed. US stocks will not immediately become 24-hour tradable.
What’s truly interesting is the logic behind it.
Traditional stock trading involves a whole process through exchanges, brokers, custody, clearing, and settlement. After tokenization, some asset registration, transfer, and settlement can be placed on blockchain infrastructure, which theoretically can reduce intermediaries and further extend trading hours.
Moreover, the goal of this discussion is not just to "turn stocks into tokens," but also to explore globalization and 24/7/365 trading.
So I think the biggest significance of this news for the crypto community is not a short-term pump of $BTC, but a signal:
Wall Street is starting to actively research how to move traditional assets onto the chain.
If stocks are just the first step, then bonds, gold, funds, and even more real-world assets could be tokenized later.
The real big story might not be crypto entering Wall Street, but Wall Street starting to enter blockchain.9.24 Gold Morning Review
Yesterday at midnight, the short position strategy was fully realized, successfully reaching the low target. After the gold price dipped, it began a slight corrective rebound. The overall rhythm and price points were all accurately predicted. The current gold price is around 4286.
Technical analysis: The 1-hour Bollinger Bands are contracting downward, with the gold price rebounding from the lower band back toward the middle-lower band range, indicating a slowdown in the downtrend; the 30-minute Bollinger Bands are contracting and flattening, entering a short-term low-level oscillation correction, while the long-term trend remains bearish.
Resistance above: 4298, 4310; Support below: 4274, 4262.
Trading suggestion: Focus on shorting at rebounds during the morning session, do not rush to go long. Short in the 4295-4315 rebound range, targeting 4270 and 4255. Participate with light positions and strictly set stop-loss.
Note: The above is only a personal opinion and does not constitute investment advice. $XAU $BTC and $ETH are currently stuck in a sideways tug-of-war, essentially a pause for funds to observe after a big rally.
This Friday, a large batch of options will expire simultaneously, so neither bulls nor bears dare to take the initiative. There is profit-taking pressure above and ETF spot funds supporting the bottom, temporarily causing consolidation within the range.
The market lacks new major news catalysts; everyone is waiting for further signals on U.S. Treasury bonds and interest rate cut expectations.
Sideways movement often leads to frequent stop-loss hunting, especially with high leverage, where stops can be triggered both up and down. It's safer to wait for a volume breakout from the range before deciding on the direction.The short sellers finally see some hope.
Has it peaked? Will it rise again?
$AKE unexpectedly triggered a stop-loss for me last time.
After it dropped, I opened another short position.
Finally managed to short a little bit; it's a new coin after all.
When it launches, the tokens are concentrated, making it easy to pump the price.
These past few days, I’ve kept holding the short position.
$USELESS hit a new high of 0.35 again yesterday.
It didn’t hold and dropped again; I have a short at 0.25.
I’m not planning to add more; the risk is too high.
I’ve always believed MEME coins have no real value.
They’re all driven by market sentiment, with no support at the bottom.
Eventually, they have to come down.
The scariest is $ZEC, hitting continuous new highs these days.
All I can think is new high after new high.
From 1480 to 15080, then yesterday’s 1680.
I remember I opened my first short at 513.
I took some losses along the way, otherwise, it wouldn’t have been enough to trigger a stop-loss.Bitcoin touched around 87400, then the total crypto market cap stood back at about 3 trillion. Discussion about a one-day rise of around 241%. Looking back, the market has already dropped back to around 84300, down about 2.3% in 24 hours, and 85000 is lost too. Sweeping out shorts on the rally is one thing, but confirming the trend is another—the money excitement is over, and leverage risk is just beginning to show. This Friday, there are about 15.6 billion USD worth of Bitcoin options expiring, involving about 182,000 open contracts, with frequent sweeps around expiration. Everyone is definitely more concerned now about whether 85000 can be quickly reclaimed; a short-term reclaim would look more like a washout; if it stays suppressed, the previous surge to 87000 looks more like an emotional peak. The total market cap can surge to 3 trillion, but the price still retraces—the excitement and the trend are not the same thing. Watch out #BTC冲高$87000，加密总市值重返3万亿 Is the bull market here?
Don't rush to take off your pants.
Leverage is a chainsaw, not a skateboard.⚠️
BTC surged to 87000,
Sentiment exploded.
Crypto total market cap returned to 3 trillion.
Then what?
Retraced to 83500.
A slap to calm those chasing the highs.
The liquidation map is even more intense:
82k–78k,
Stacked with about 2.7 billion long liquidations.
That's not support.
That's a minefield.
Step on it,
It's not a pullback,
It's a chain of fireworks.💥
So don't ask if you can add positions.
Ask yourself first:
Will you cry if it blows up?
$ETH is the key to the relay.
Watch two points:
Retrace with shrinking volume?
Higher lows?
Shrinking volume and stabilization means limited selling pressure.
Break previous highs with volume,
Only then is the catch-up rally officially confirmed.
Otherwise, it's just running alongside.
Short-term pullback,
Is not the end of the bull market.
It's leverage floating chips taking a bath.
After the bath, the burden is light.
But before it's done,
Don't test the water with your life.
Firmly bullish,
Focus on $BTC $ETH $DOGE rotation.
A skilled fighter defends first.
No light talk of offense without removing risk.
If the trend exists,
The time for the wind to rise will come.🚀
#美伊3小时会谈释放积极信号？
#BTC冲高$87000，加密总市值重返3万亿 NEAR 现价 4.324。 24 小时跌 1.70%。这个数字太温和了，温和到会让人忽略掉真正发生了什么：24 小时高点 4.816，低点 4.028。振幅 19.6%。 19.6% 的摆动，最后只跌 1.7%。这意味着一天之内，价格走了一个完整的来回——先被拉上去，再被砸下来，最后回到差不多原地。 7 日区间和 24 小时完全重合：4.028 到 4.816。也就是说，这一周 NEAR 所有的价格发现，都发生在这 19.6% 的箱体里。而今天，它把这个箱体的上下沿都摸了一遍。 这种走势在技术上有两种含义，方向相反：要么是充分的换手，筹码在箱体里完成交换，之后选择方向；要么是典型的双向收割，上下都扫一遍流动性，然后继续磨。 区分它们的关键是资金费率。NEAR 现在报 0.0001——顶格正值。 在价格已经回落到箱体中位、振幅接近 20% 的情况下，多头依然愿意支付最高档的费率。这个事实说明，当前持有 NEAR 多单的那批人，对未来方向的信心不低，而且他们愿意为此持续付费。 但这也是一种脆弱。高费率加剧烈震荡，是最容易被动平仓的组合——价格只要再往下探一次 4.028，这批高成本多头就Scumbag observation on RKLB update 9.24
Rocket's closing price was 70.31, down 2.32%
Rocket held the 70 mark at close; of course, the scumbag expects its stock price to retest the 5-day moving average, which is very close.
Before yesterday's market, it was revealed that Wood Sister made a large purchase of Rocket, apparently betting on the Q4 trading logic.
In the scumbag's view, aside from external factors, Rocket itself has little negative news left. Those wanting to do T can only try partial positions to test the market feel. Most positions still need to be held properly $RKLB Bitcoin was not "crushed down by people in the crypto circle." It was indirectly pushed down by traders in the crude oil futures market.
The second truth: A 5.04% US Treasury yield is Bitcoin's "invisible noose"
Let's look at another number that most people overlook.
After the Federal Reserve raised interest rates by 25 basis points on September 16, the yield on the US 10-year Treasury surged to 5.04%, the highest since 2007.
What does a 5% risk-free yield mean?
It means you can lie down and buy Treasuries, earning 5% interest annually without any volatility, no risk of liquidation, and no need to wake up at night to check candlesticks.
And what is Bitcoin's "staking yield"? Almost zero. Bitcoin generates no cash flow, pays no dividends, and pays no interest.
When a zero-coupon asset faces a 5% risk-free rate, its opportunity cost is so high that institutions cannot ignore it. $BTC $ETH $ZEC #BTC冲高$87000，加密总市值重返3万亿 #美伊3小时会谈释放积极信号？ #财报观察员：好市多Q4财报即将公布 XRP 现价 1.5003。 24 小时跌 4.57%，高点 1.6584，低点 1.4784。从高点算下来，跌了 9.5%。在今天这五个币里，它是跌得最狠的那个——BTC 跌 1.88%，ETH 跌 2.39%，SOL 跌 2.86%，XRP 跌 4.57%。 这里有个必须说清楚的事实：XRP 的 7 日区间，就是 1.4784 到 1.6584。翻译一下——今天它创了 7 日新低，而且是一条从 7 日最高点砸到 7 日最低点的完整下跌。 成交额 9.47 亿美元。这个数字在 XRP 的体量下不算大，说明抛压不是那种不计成本的砸盘。持仓量 77731086，也保持在高位，没有出现大规模平仓。 资金费率 0.0000273，是正的。 这就值得说一说了。价格跌了 4.57%，从 7 日高点回撤近 10%，但费率还是正的——做多的人依然在付钱给做空的人。 两种解读：一种是多头信心还在，跌幅只是暂时；另一种是，这批多头进场太晚、成本太高，正在被慢慢磨。 我倾向第二种，理由在跌幅分布上。今天这 4.57% 不是一次性的急跌，而是从 1.6584 一路下滑到 1.4784 的持续过程。持续下跌配Staring at $BTC for a long time, 84,400, I've already gone long, but now it's even more frustrating.
I'll hold my long position for now, but I'm only watching two levels: 84,700 and 83,500.
If it can't hold above 84,700, the market will keep grinding;
If it can't defend 83,500, I won't stubbornly hold on either.
After trading for so long, I increasingly feel that
entering the market isn't scary; what's scary is having no plan after entering.
I'm not in a hurry to add positions now, just watching how the price moves.
If it rallies, I'll hold; if it goes bad, I'll exit. Don't fight against your own position.The global macro environment has left little breathing room for bulls. The CLARITY Act faced setbacks in the Senate, combined with fluctuating interest rate expectations. Bitcoin is under pressure around the $87,000 level, and the crypto futures market saw about $213 million liquidated in 24 hours. Spot ETFs had a net inflow of $617.6 million in a single day, supporting but not driving prices, as macro uncertainty continues to suppress risk appetite.
ETH remains in a downward channel on the hourly chart, currently pressured near 2688 by multiple EMA lines. The MACD shows a golden cross but with weak momentum. On the liquidation map, there is a large cluster of short stop-losses between 2720 and 2780, while long liquidity exists between 2650 and 2620. The upper side is clearly more attractive. After just closing a position and sitting by the roadside opening a water bottle, debt collection calls haven't stopped. Under this structure, a short-term upward test of resistance to trigger short stop-losses is more likely, followed by a pullback after liquidity hunting.
In terms of operations, take light long positions between 2682 and 2694, with take profit between 2730 and 2750, and stop loss at 2652. If volume increases and price stabilizes above 2750, then look towards around 2780. Do not chase highs; reduce positions at the target and guard against a later pullback.
$ETH
#美伊3小时会谈释放积极信号？
@OKX星球 #OKX预言家: Will Costco's quarterly earnings exceed expectations?
"Costco's Report Card: Can the Membership Fee Break Expectations?"
Costco will report after the US stock market closes tonight, with OKX setting the passing line at $6.69 earnings per share.
Many focus on last quarter's $93.9 billion in sales, but Costco only raised prices by 14%, with goods almost sold at cost. Seventy percent of operating profit relies on the membership fees paid by 130 million cardholders.
The American middle class is tightening spending; it all depends on whether the renewal rate can push profits over the line, directly linked to the Federal Reserve's rate cut expectations. $BTC $BTC $CORE surged more than ten percent in a single day yesterday. When the market pulled back, many loyal fans instantly became excited, shouting everywhere that a bull market had arrived, convinced that the project team was manipulating the market.
In the frenzy of the rally, any rational risk warnings were ignored, and the phrase "still bearish after the rise" was used to directly dismiss all dissenting voices.
But the market never follows people's expectations. In just one night, the beautiful illusions brought by this surge were brutally shattered by the market.
This pattern of impulsive rallies, collective euphoria, and rapid pullbacks has repeatedly played out with CORE. With inherently weak liquidity, it doesn't take massive funds to push the price up by more than ten percent. This kind of impulsive movement is not a trend reversal.
The ecosystem's progress continues to fall short of expectations, real institutional funds have yet to enter, and the selling pressure from continuous token releases persists. These fundamental issues will not disappear just because of a single-day surge.
Funds can temporarily leverage the price, but they cannot cover up fundamental weaknesses. Faith ignited by impulsive rallies will be fully exposed once the market recedes. The more intense the euphoria, the harsher the pullback.
⚠️ This is only a personal market observation and does not constitute investment advice. Cryptocurrency is highly volatile and carries significant risk. 昨天在 06:00 那轮里我说过：112.78 这个位置，本周至少要测两次。 今天第一次测试来了。SOL 现价 115.03，24 小时低点 112.78——和昨天那个数字一模一样。 24 小时跌 2.86%，高点 119.69，低点 112.78，振幅 5.9%。7 日的区间也是 112.78 到 119.69，也就是说，今天 SOL 精准地把 7 日的下沿又摸了一遍。 关键在于怎么摸的。24 小时成交额 14.79 亿美元，持仓量 3023614.8。对比昨天同一时段的 14.73 亿和 3021673——成交额略微放大，持仓几乎没动。 这个组合说明一件事：没人在跑。跌是跌了，但仓位结构没被打破。如果是恐慌性下跌，我们会看到持仓量快速下降、成交额飙升、费率急剧转负。现在都没有。 资金费率 0.0000015，几乎正好卡在零轴。多空双方谁也没占到明显便宜。 我昨天说的那个验证方法现在可以用了：如果第二次测试（也就是接下来这几天）成交量比今天更小，那就是底部结构在形成；如果放量破位，那昨天的下跌就不是回踩，而是新一轮趋势的开始。 上一次我判断错在时间上——它先冲到 119.69 才下来NIL this project has something going on recently.
It’s related to AI + data sector, with a small circulating supply, so even a little volume can move it easily.
Today’s bullish candle showed solid volume, not a low-volume fakeout.
My view: In the short term, see if it can hold above the morning high; if it holds, there’s momentum; if not, expect a pullback to wait for a second confirmation.
Small-cap coins fluctuate a lot, so don’t get overexposed and set your stop loss well. $NILThese days, looking at the big coin $BTC and the second coin $ETH
I'm bearish in the short term, but still bullish in the long term.
Today's surge didn't even reach yesterday's high.
Plus, ETFs are seeing outflows.
I already have a clear idea — there will definitely be a pullback today.
My rule is simple:
Watch the support levels. If they break down, I hold.
If it's a false breakout or just a brief break before being pulled back,
I immediately close my position and leave.
The first support for the big coin is at 75,000.
Yesterday, it was pushed down several times but pulled back; the second coin is the same.
At the 2,715 level, it bounces back after a slight dip.
These two levels are still quite strong now.
Honestly, I don't really like looking at K-lines for trading now.
I focus more on news and ETF inflows and outflows.
You can consider this approach.
#BTC冲高$87000，加密总市值重返3万亿
#美伊3小时会谈释放积极信号？
#财报观察员：好市多Q4财报即将公布 $CORE CORE「锚定比特币」叙事完整拆解 CORE对外主打叙事：比特币算力背书的BTCFi公链，比特币的配套金融层，锚定BTC价值、共享BTC安全，口号是「Bitcoin Everything Chain」，也就是比特币万能链 。 注意：CORE并不是资产锚定（像稳定币那样1:1兑换BTC），只是叙事上绑定比特币算力、BTCFi赛道，很多市场参与者会把它理解为“绑定比特币”。 一、官方叙事包装（市场宣传版本） 1. Satoshi Plus 共识：借用比特币矿工算力投票 比特币矿工挖出BTC区块时，可以在区块备注里投票给Core验证者，以此参与Core网络安全；项目宣传：Core的安全由比特币算力保护，继承比特币的安全性 。 2. BTC非托管质押叙事 BTC持有者可以在比特币主网做时间锁质押，BTC留在比特币链上不用跨走，就能参与Core共识，赚取CORE代币奖励，主打BTC闲置资产生息，作为BTCFi基础设施 。 3. 代币经济学对标比特币 CORE总量上限21亿枚，模仿比特币2100万枚的总量设计，定期减产，借比特币稀缺性叙事增强吸引力 。 4. 定位：比$ZEC 10x long position trapped with a floating loss close to 58%
It's really unbelievable, I shorted and it surged 📈
I closed the short and switched to long, then it directly dropped 📉
On the other side, $ETH long position with 20x leverage, account profit over 244% supporting it
ZEC opened at an average price of 1609.29, after a surge the market quickly fell back, chasing longs at the high point directly hit a pitfall. The 1-hour candlestick continuously dropped, MACD kept declining, short-term bears are strong.
Previously $BTC finally got out of the trap, broke even and immediately closed the position and left, missing out on the subsequent upside. At that time, I predicted a big drop, so I cleared all UNI, HYPE, and $OKB spot holdings, woke up to find all surged, directly missing out.
Futures trading has completely changed my trading mindset. In the last bull market, I could hold spot to wait for doubling, but this round I always think about swing trading. Can't hold positions, want to run with small profits, but when trapped, I tend to hold stubbornly, going back and forth.
Frequent trading seems like seizing opportunities, but actually being driven emotionally by the market. The hardest part of trading is never judging ups and downs, but controlling your hands and patiently holding positions. Next, I plan to reduce trading frequency, watch the market less, and no longer let short-term candlesticks affect my emotions.
#BTC冲高$87000，加密总市值重返3万亿 #财报观察员：好市多Q4财报即将公布 The biggest feature of BTC recently: making all the predictors work overtime together. 😂
A few days ago at 87K:
"Almost 90K!"
Back to 84K:
"See you at 80K!"
Staying around 84K:
"Consolidation and accumulation!"
Do you guys even have a unified stance?
😂
Now BTC, ETH, and XRP are all trying to find their rhythm again.
I actually don’t like calling target prices during this phase.
Because what really matters is:
Whether BTC is seeing renewed volume.
If BTC starts increasing volume upward, ETH follows, and XRP along with other high-elasticity coins also expand trading volume simultaneously, then the market might heat up again.
If it’s just BTC making a move alone and other coins don’t follow at all,
then don’t get excited.
BTC dancing solo looks lively, but in reality, no one is buying tickets.
Keep watching the market.
We’ll talk again when there’s real capital movement.$BCH
Many people are not clear about the real circulating supply situation of BCH.
The total supply cap of BCH is 21 million coins, with nearly 20 million coins produced on the books. However, after deducting coins inherited from BTC with permanently lost private keys, coins obtained from forks but not recognizing this public chain and left dormant for a long time, plus chips locked by whales and institutions for the long term, the truly freely sellable active chips in the market are only a few million coins.
At the current price, billions of dollars of funds can almost consume all the liquid BCH in the market.
Looking only at market capitalization, BCH seems to be on the same tier as many altcoins, but the two are fundamentally different. BCH has no team pre-mining, no continuous unlocking selling pressure, all tokens are produced through mining, and it has a complete independent public chain ecosystem with solid and reliable underlying technical logic.
The vast majority of holders of dormant chips have no intention to sell at the current price level; only after the market rises several times will large-scale chip selling occur.
Market floating chips are scarce. Once favorable expectations arrive and a large amount of capital enters, the sell orders on the order book will be quickly consumed, directly triggering a pulse-like surge. Coupled with the chain reaction of short liquidations in the contract market, the strength of the price increase will be further amplified. This is also the underlying logic behind BCH frequently experiencing violent pulse price movements.The strangest thing about BTC right now: it can't rise, but it's actually worth watching. 😂
BTC is moving sideways around 84K.
ETH is around $2670.
XRP, SOL, and other high-volatility coins are fluctuating more noticeably.
Many people's first reaction to sideways movement is:
"No market action."
But I actually think that this is the best time to see whether the funds have patience.
If BTC stays sideways and ETH starts to warm up, while altcoins' declines gradually narrow, it means the funds haven't completely exited.
If BTC is sideways but altcoins continue to slide, it means the market is still reducing risk.
So don't rush to find the next 100x coin now.
First, see if the money has come back.
After all:
When there's no money, all altcoins are artworks.
When there is money,
that's when they become assets. 😂
I'll keep watching the funds and prices.The big options test on Friday is approaching, and my ETH short position is hanging by a thread
This Friday, $18.1 billion worth of BTC and ETH options will expire, and the timing is really nerve-wracking. My ETH short is still down over 130%. I was hoping for a drop before the weekend, but BTC is stuck around 86000, and ETH is lingering near 2760. The market seems to be deliberately working against me.
What’s more frustrating is that CME just announced BCH and UNI futures will launch in October, clearly accelerating institutional involvement. In the long run, this is positive, but for me shorting, the deeper institutions get involved, the harder it is for the market to drop sharply — they are long-term holders, not short-term dumpers.
Now the whole market is focused on Friday’s options expiration. Historical experience shows that large expirations often cause volatility, either a pump or a dump. The current put/call ratio is 0.61, indicating bullish sentiment is dominant. By this logic, there’s a high chance of a rally? That makes my short position even more dangerous.
With 100x leverage, even a small rise could liquidate me; a drop is the only way to catch a breather. Counting down the days every day, I don’t know if I’ll survive until options expiration or if the options will take me out first. Friday, please come quickly.
#BTC冲高$87000，加密总市值重返3万亿 #美联储官员密集发声，加息还要持续多久？ #21Shares launches Europe's first physical Zcash ETP
This news is actually a bit strange..
💰 Real-time market tracking
Europe just got its first physical ZEC ETP, issued by 21Shares, listed on the pan-European exchanges in Paris and Amsterdam on September 22, with the ticker ZCASH.. An asset that relies on "being unseen" to establish itself, this time it chose the most disclosure-demanding place to list.
Most people stop at the phrase "privacy coin accepted by the mainstream"..
But what’s really worth looking at is the price tag.. This product charges a 2.5% annual fee, much higher than Bitcoin and Ethereum ETPs on the same exchanges.. Even more interestingly, it only listed 5,000 units on the first day, with a net asset value of $20.04, totaling about $100,000.
Charging the highest fee while having the smallest scale, this is where it starts to get different..
What it’s selling now isn’t scale, it’s qualification.. The product is physically held, custodied by BitGo, and can be ordered directly through European brokerage accounts without opening an exchange account or worrying about private keys.. Simply put, those willing to pay this 2.5% aren’t buying privacy, they’re buying "the ability to finally have this asset in their account."
The flow of funds is actually quite clear.. On August 25, Grayscale’s ZEC Trust converted to an ETF and was listed on the New York Stock Exchange #BTC surges to $87000, total crypto market cap returns to 3 trillion $BTC
Will Bitcoin dip again or gather strength to test resistance? After this correction, will Bitcoin dip again or gather strength to test resistance?
After a rapid sell-off, Bitcoin has temporarily halted its decline and entered a recovery phase.
The short-term stabilization mainly comes from concentrated long liquidations during the drop, releasing selling pressure all at once, combined with a small buyback from shorts covering. This is an internal market fund game and does not represent large-scale inflows of new external capital.
To distinguish between a simple stop in decline and an effective rebound, focus on two key indicators.
First, continuous inflows into spot ETFs. Only stable net inflows can provide long-term support for the market; sporadic fund fluctuations are insufficient to change the overall trend.
Second, volume support at resistance levels. If the rebound reaches the resistance zone but trading volume continues to shrink, it is likely to face pressure again; to sustain a trend, a volume breakout and hold above resistance are needed.
If volume fails to keep up and ETF funds do not continuously flow back, this correction is very likely a downward continuation.
This stabilization is more of a window for holders to reduce positions, not a new signal to go long.
A stop in decline only means selling pressure has temporarily eased, not that bulls have regained control in the short term.
Market analysis shared for reference only, not investment advice. In the past 24 hours, the total market cap dropped 4.96%, with $BTC only down 2.31%, priced at 84,344, accounting for 58.81%; $ETH fell 2.6%, $SOL fell 3.05%. The extra decline is entirely borne by altcoins.
$WLD dropped 14.99%, turnover 32.7%; $TRUMP dropped 13.09%, turnover 69.18%; PENGU turnover 71.9%, all closed lower. The volume increase on the decline indicates chips are withdrawing.
On X, "breaking above the 50-week moving average" is being posted repeatedly, but sentiment and price are moving in opposite directions. The futures side is even colder: ONE funding rate -0.94%, CELR -0.32%, with negative rates causing price momentum to weaken; the highest rates are actually UVXY +0.12%, BRKB +0.11%, these kinds of US stock contracts, indicating hot money is moving from crypto to stocks.
Judgment: In the next 72 hours, altcoins will continue to underperform BTC. The dominance remains above 58.81%, with funds continuing to retreat from the big coin; only if it breaks below that and WLD, TRUMP turnover falls back below 10% will altcoins be considered to have stopped bleeding. The rate hike has just landed, and Federal Reserve officials' hawkish rhetoric quickly followed. Musalem bluntly stated that further rate hikes might be needed, Barkin emphasized that inflation risks outweigh unemployment risks, and Collins also said the likelihood of inflation staying above 2% is rising. This is no longer a "one-time adjustment" narrative but more like a continuation of the tightening cycle.
The latest CME data shows about a 54.2% probability of another 25 basis points hike in October, with a 45.8% chance of no change; the market is still tugging back and forth. The 10-year US Treasury yield is approaching 5%, and the 30-year mortgage rate is close to 7%. If there is a hike in October, long-term rate pressure will only continue to rise, and the valuation ceiling for risk assets will be further suppressed.
Bitcoin is currently fluctuating around $85,600. After the rate hike landed, it once surged to $87,300 but did not sustain the breakout. This indicates that funds are still betting on "limited rate hikes," gambling that Powell will not act consecutively. But if the October hike materializes, the current rebound may become an early overextension of optimistic expectations; if there is no hike in October, those out of the market might be forced to chase at higher levels.
The real risk is not a single rate hike but the market accepting rate hikes as the norm. One shock can be digested, but continuous tightening will change valuation logic. Whether there will be a hike in October depends crucially on subsequent PCE data and employment performance.
What do you think? Will there be a hike in October? Or is this just hawkish signaling?
Federal Reserve officials are speaking intensively; how long will the rate hikes continue? $BTC $ETH $ZEC $BTC slipped from $87.2K → $85.5K. $ETH fell $65. $MUBARAK dumped 18%. Shorts are printing, but I’m not chasing the move. $85.5K is the line I’m watching. Hold it → stabilization. Lose it → more pressure. Will late longs cut tonight, or will shorts get trapped on the next bounce? 👀Abraxis Capital, a short position of 104,500 ETH, floating loss of $40.15 million
Look at their $ETH position (red box)
Direction: Short
Leverage: 5X Full position
Value: $281 million
Quantity: -104,500 ETH
Opening price: $2,304.05
Floating P&L: -$40.1534 million
Liquidation price: $4,225.04
A short position of 104,500 ETH, floating loss of $40.15 million.
This kind of capital is quite complex; what you see is only their public position. They may also have undisclosed positions.
For example, “Insider” has been shorting $ZEC continuously, with contract losses reaching $35 million, but recently he suddenly revealed a ZEC spot address holding over 200,000 ZEC. Despite the contract loss of $35 million, the spot position is nearly $200 million in profit.
So, when you see a large short position with floating losses, don’t rush to conclusions. You don’t know if on the spot side, they might be smiling while counting money.The one farce is over
I hope you, my friend,
did not go long just for the sake of high fees,
especially when it was at 0.005
and the fee rate reached 0.7% per hour.
The reason I didn’t go short
is completely because this battle is uncontrollable.
Both long and short positions are very inappropriate,
with extremely poor cost-effectiveness.
There are three scenarios that are quite fatal for short positions:
One is sideways price movement with no change, where you need to pay 20% of principal daily.
The second is a slow decline, dropping 10% a day, but with a daily funding fee of 20%, resulting in a 10% loss.
The third is even more fatal: if it continues to rise, 500u principal grows to 1000u, then the funding fee can be as high as 40% per day.
The fourth scenario is a rapid drop where you can make some profit; one might say one is exactly this fourth case.
But with this kind of coin, just one time can wipe out the gains of ten attempts.
For me, this cost-effectiveness is very poor.
Not entering the market and watching from the sidelines is undoubtedly the wisest choice.
$ONE $AKE $UNI
#BTC冲高$87000，加密总市值重返3万亿
#美伊3小时会谈释放积极信号？
#财报观察员：好市多Q4财报即将公布 No vision, can't hold on, this wave of profit is as thin as paper, but I love it to death. Just finished lunch and checked the market, $RAY pushed up another notch.
From 1.1200 to 2.0020, +1578.92%, just quietly lying there. No operation, no analysis, all confidence comes from the position.
The market cures all kinds of arrogance, especially those who think they are the smartest. Hold as long as the trend is intact, run when it breaks, don't fall in love with your position.
Take profit on 70% first, move the remaining 30% to a safe protection level, don't be greedy for the last bit, and don't let the profits you've made slip back.
Now is not the time to rush, wait for a more comfortable position in the next round, patiently await good news.
$BTC $LAB Brothers, are you here now? Many people mistakenly think that rolling positions means continuously adding positions, increasing the size of the position more and more, and relying on one market wave to directly grow the account. Traders who can truly grow profits over the long term with rolling positions have a completely non-aggressive approach.
Practical rolling position rules:
Never go all-in with 30,000 profit principal; only use a small portion of funds as margin, open orders with low leverage in isolated margin mode, and precisely calculate the stop-loss level before entering the market.
After the first order is profitable, only use part of the floating profit to participate in the next market phase; never put all floating profits in.
If the first order hits the stop-loss, exit immediately; even if it means losing profits, never hold the position.
Only act when there is a clear market structure: after a sharp drop, sideways consolidation confirms the low point, then a volume breakout of a key level; entry, exit, stop-loss, and target levels all have clear references. Never force opening positions without meeting conditions.
Floating profits can be used to increase trading opportunities but must never be used to amplify your trading courage. Many beginners have smooth sailing in the first few rolling trades, increasing position sizes, but when facing a reverse market, they hesitate to stop loss and end up losing all previous profits.
The truth:
What truly rolls in rolling positions is never the position size but the profits you have already realized. Part of the earned money is forcibly taken off the table, and part continues to participate in the game; if subsequent positions lose the floating profits, stop immediately and never touch the original principal. The core premise is always: if wrong, safely exit; if right, lock in profits timely; and patiently wait when there is no market.
$ZEC $BTC
#ZEC巨鲸3.8万枚空单平仓，亏损超3500万美元 The U.S. government is set to become an overseas promoter of the dollar stablecoin.
According to Bloomberg, the Trump team is considering two things: first, to increase the use of dollar-denominated stablecoins overseas; second, the government might partner with private companies to launch stablecoin projects.
Sounds big, but the bottom line is one goal—to maintain the dollar's global dominance and, at the same time, encourage more people to buy U.S. Treasury bonds.
You see, stablecoin issuers hold users' funds, and most of that money goes into buying U.S. Treasuries. So, the larger the stablecoin market, the steadier the demand for Treasuries.
This logic isn't new, but the government personally stepping in to endorse it changes the flavor.
For the crypto community, this is a boost in sentiment. Stablecoins getting official approval makes the long-term narrative stronger.
But don't expect too much in the short term; it will take some time for this news to reflect in coin prices.
What really needs attention is whether concrete joint projects will materialize, where the funding will come from, and how large the scale will be.
Just talk won't do; real money needs to be on the table.
#Apple、Google招聘稳定币相关人才，或进军加密支付？
#SoFi与万事达卡启动稳定币结算 #美债短端供给或增万亿美元 $BTC The current operational approach remains unchanged: writing content, contracts, and memes.
The strategy still uses a barbell approach, doing mainstream top assets on one side and pure memes on the other.
Currently, the remaining funds hold $BNB spot; long contracts on Bitcoin $BTC, continuing to hold and watching for when it breaks through 90,000; tried going long on $PONS the day before yesterday, opened a test position to check strength. Its recent fundamental data has dropped sharply, so I didn't have the courage to add more positions, but it turned out to be so strong.
Finally, many friends have asked about writing content on OKX, so I'll briefly explain. Writing content can indeed earn incentives, and the larger the traffic, the more incentives you get. Likes and comments can increase weight.
What is the core?
When you are still a new account, a novice, content is the most important. Only with content can you get traffic. With traffic, you will gradually gain influence. With influence, whatever you post can get very large traffic.$BTC
Bitcoin cycle analysis: Risks are driven up, the peak is approaching, and the pullback is getting closer!
A month ago, Bitcoin was ignored by everyone. I personally mentioned that breaking through the 50-week moving average was just a matter of time, buy on dips, and the pullback is a golden opportunity.
Now Bitcoin has risen to a high of 87,000, firmly above the 50-week moving average, and everyone believes the bull market has arrived. Yes, the bull market is here, but it never goes smoothly.
Historically, from breaking through the 50-week moving average to reaching a new all-time high usually takes 6-8 months. From the current 85,000 to the new high of 120,000, there is less than 40,000 space, but it will take half a year! This means volatility, pullbacks, and consolidation are inevitable.
In this rally, latecomer retail investors have finally woken up, starting to believe in the eternal bull market and that new highs are imminent.
However, the daily-level 1-2-3-4-5 wave (see previous post) has most likely been completed or is about to be completed. Open interest (total positions) has already started to surge, and retail investors are beginning to FOMO.
More importantly, according to the cycle model, at the end of September to early October, Bitcoin will reach the 20-week cycle peak, as shown in the chart. Every time Bitcoin hits a major cycle peak, a decent pullback follows.
In view of this, I have already advised shorting in the group and placed orders near 88,100 (daily-level fishhook strong resistance) to continue adding shorts.
At the same time, spot and long positions remain unchanged; shorting is just to hedge risk. I believe this is a bull market shakeout to weed out weak retail investors, then continue to rally! I will look for support levels to go long again during the panic of the next pullback. The global AI market is heating up again, combined with the continued weakening of the yen, the Japanese stock market is expected to see a catch-up rally. The Nikkei 225 futures have already priced in optimistic expectations in advance. During the holiday period, the yen weakened continuously, boosting profit expectations for export companies. The Japanese semiconductor and AI equipment sectors have become the main market themes.
Yen depreciation can directly increase profits for Japanese multinational export companies. Meanwhile, the global AI and chip markets are recovering, driving valuation recovery for SoftBank and semiconductor equipment manufacturers. The synergy of these two factors is attracting capital back into Japanese stocks.
Personal view:
The short-term positive logic is clear, but risks cannot be ignored. Continued yen depreciation will pressure the Bank of Japan to adjust its policy. If the exchange rate falls too quickly, Japanese authorities may intervene at any time to stabilize the currency, which would directly interrupt this rally.
Additionally, this rally largely follows the passive catch-up of the US AI stock sector. If overseas AI chip stocks experience a correction, Japanese stocks are very likely to fall in sync.
This situation also has reference value for the crypto market. As global risk appetite warms, funds are willing to allocate to overseas equity assets, indirectly benefiting crypto market sentiment; however, if yen intervention triggers severe exchange rate volatility, risk assets will also be affected.
Do not blindly chase the catch-up rally; focus on the yen exchange rate and the sustainability of the US AI stock sector.$ZEC back to $1500
This time I'm ready to buy back on the pullback!
$ZEC surged to a high of $1658 yesterday, then fell back to around $1500. Those who thought it was expensive when it broke through $1600 earlier are now waiting for a lower price.
I previously advised positioning around $1130–$1150, and the rise above $1600 hasn't changed my view on this rally. A short-term pullback of over 8% doesn't mean the upward trend is over, but whether $1500 can hold depends on the upcoming trading volume.
This time I won't buy all at once during the rebound. I'll start buying in batches around $1500, and if it breaks below and can't recover, I'll wait for the next stabilization; once it climbs back above $1600, I'll look at the previous high of $1658 again.$UNI fell back from $10.94 to around $9, the pullback I've been waiting for has arrived!
$UNI surged to a high of $10.94 yesterday, then dropped back to around $9. Within one day, it broke through $10 and then quickly retraced, which is tough for those chasing the rise, but for those who didn't buy earlier, now is a chance to reconsider entry points.
CME plans to launch UNI futures on October 19, pending regulatory review. This news won't make the price only go up without falling, but it adds a potential new channel for institutions to trade UNI.
My previous target for UNI was $11, which remains unchanged. Around $9, first observe if the decline can stop; scaling in gradually is more appropriate than chasing above $10; if it climbs back above $10, then we will see if it can challenge $10.94 again.