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#PIMCOUS10YYield6%Risk
Alarm bells ring out, and a muffled low roar comes from the sealed fire scene ten meters away—this is the most feared sign for all frontline rescue personnel: a backdraft.
In my view, this warning from PIMCO signals the imminent depletion of oxygen in the fire scene. If the 10-year US Treasury yield soars to six percent, it is far from an ordinary rate hike cycle; it is a fatal "backdraft" phenomenon occurring within liquidity space. When ultra-high risk-free yields greedily suck the liquidity oxygen out of the entire financial system, those high-risk assets relying on leverage to breathe are suffocated to death in the pipeline before the real fire even reaches them.
Under this harsh rescue logic, survival always takes precedence over blind charging; proceeding without a preset safe passage and retreat route is tantamount to suicide. The 30-year Treasury auction yield reaching 5.618% with a subscription multiple of 2.54 may seem like funds are stepping in, but in essence, it is like forcefully injecting a heat wave into a burning sealed room. The suffocating surge in borrowing costs represents the most thorough oxygen cutoff process for crypto assets.
My monitoring device shows $BTC currently priced at 83528.9, with the one-hour Bollinger Band middle line at 83292.45. Although it barely maintains balance between the upper band at 83978.10 and the lower band at 82606.79, and the one-hour Relative Strength Index stands at a neutral 58.5, this is just the deceptive calm before the fire spreads. Until the six percent backdraft risk is completely eliminated, any seemingly breakout flames are traps designed to lure enemies deeper into an explosive burn.
The first iron rule of firefighting: when oxygen concentration inside a building suddenly drops, you must immediately switch to a self-contained breathing apparatus and cut off any inward advancing paths. In this liquidity suffocation crisis, a high cash reserve is the lifesaving backup air tank.
Absolutely do not open any new risk position doors at this time; what gushes through the cracks is not vitality but a backdraft gas wave that instantly devours everything.🧑🚒The market is as quiet as a Friday night group chat—no one is talking, but no one is asleep either. Are you also waiting for a signal to convince yourself to take action? After BTC's sharp drop, it has turned sideways; the weekend will likely be uneventful, and the real test will come with Wednesday's CPI. My own approach these days is: watch a lot, act little. If the price hasn't reached the planned level, don't get itchy to trade. Let's talk about capital preference first. There isn't much money in the market now, and preferences are clear: only willing to buy at extreme points, unwilling to chase in the middle. Under this mindset, rebounds tend to become selling windows, while declines see tentative buying. BTC faces short-term resistance around 84000; attempts to test short positions occur on rallies, with stop-loss at 85000. The first observation zone below is 81500 to 80000, and 77000 to 75000 is the replenishment zone. For those already in the market, holding is less stressful than frequent trading. ETH's resistance lies between 2560 and 2600; some consider contrarian moves here, but breaking 2600 means acceptance. The focus zone below is 2450 to 2400, with 2350 as the bottom line for replenishment. SOL's short-term resistance is 113 to 116; for pullback entries, look at 107 to 105, with 100 as the last replenishment level. The bullish logic is: if CPI cools down, suppressed risk appetite will quickly recover, BTC moves first, ETH follows, and high-beta assets like SOL will run faster. But the risk remains: if expectations are priced in early... This is not a sign of a breakthrough; it is merely the lingering geothermal smoke rising before the destruction of Pompeii.
Dust off the parchment and open the history of credit collapse in the city-states of Athens before the Common Era; there is nothing new under the sun. $BTC hovers at 83526.8 points, with resistance accumulating at the upper Bollinger Band at 83977, no different from the heavily weathered rammed earth layers from three thousand years ago.
Every time the public cheers a slight rebound, my probe always uncovers similar white bones. The RSI indicator climbs to 58.5, seemingly neutral to strong, but in fact, it is typical end-of-cycle false strength. Those chasing highs have fossilized in the historical strata, while the fault lines have long been clearly visible.
This upward candlestick lacks a dense marble foundation; the sandy soil at the middle band 83292 has already begun to loosen. The cold logic of artifactology only recognizes stratigraphic sequences: crossing the upper band is the last arrow, and the gravity of history will eventually pull back the excess arrogance to the rammed earth bottom.
- Asset: $BTC 🔴
- Entry: 83500 - 83950
- TP1: 82600
- TP2: 81800
- SL: 84300
Bronze artifacts that see the light of day again will eventually rust; this fragile layer of loose soil only awaits the crisp sound of stratigraphic settling.
#CryptoEarningsPressure$STRK STRK 5x in two weeks, quantum concept, coming to harvest people? Who shorts and ends up as food for the longs?
STRK is really crazy, from 0.022 to 0.12, 5x in two weeks, I didn't dare to jump in.
The cause was the boss speaking at Token2049, considering L2 turning into an independent L1, making the first quantum-resistant public chain in 2027, the market went wild, someone with 440,000 U principal made 850,000 floating profit in one day??? Got rich instantly.
But the original words were "actively considering," no vote, no roadmap, 127 million tokens unlocked monthly until March next year.
My view: don't chase hype talk, if it really turns into L1 even Ethereum's bridge might break, wait for a 0.07-0.08 pullback before talking, aiming for 0.15 if chasing? What if it doesn't reach?$AXS Damn it! This AXS market is giving me a headache! ⛏️
Pure capital showdown, the candlestick keeps stabbing around 1.25, the manipulative whales are clearly planning a big move. The resistance at 1.26 is tight, but volume is quietly shrinking. This trend looks like a bull trap to unload.
I've already shorted at 1.248, stop loss set at 1.272, first target at 1.18, if broken then heading to 1.12. Don't ask, just do it! 💎🙌
If you want to follow, go to the market card below and act, keep your position under 20%, contract leverage is extremely risky, profits and losses are your own responsibility. 🔥
👇👇👇Last week, I was studying the market and didn't post many posts or articles because I wanted to take some time to reflect. Now, I believe I have gained some insight and can share some of my views. Recently, $ETH has been in a downward correction phase. In other words, I think its overall trend hasn't changed and remains very bearish. I myself am also shorting it, but since my capital is limited, the short positions I hold are not large, only a few hundred dollars. —————————————————— Some friends might be curious why I am shorting. Let me explain the logic. Let's look at its contract data. Upon close observation, we can see that in recent days, both its contract open interest and long-short ratio have been declining simultaneously. Moreover, the decline in contract open interest is greater than that of the long-short ratio. This means that large holders are frantically exiting. As the saying goes, "The ducks know when the spring river warms first"—large holders are actually the market's barometer. If the big players leave, it means this rally has reached its peak. At such times, continuing to short is the way to go. —————————————————— Personally, I believe the market is about to enter a rapid decline phase, and during this phase, one must not try to bottom-fish. I think now is the time to short on rallies; shorting on rallies is the only way out. These are my views.$ETH has lost its support box. For two consecutive weeks, every time the price dropped to $2,630, it was absorbed by buying pressure, but then an hourly K-line at 3 AM UK time, driven by nearly 10 times the normal trading volume, smashed it down to $2,590.
Yesterday I said $2,630 must hold. It didn't hold. Now that level has become a ceiling.
As long as $2,630 continues to suppress, I believe $2,590 will break down, and the next target will be to test liquidity at $2,564. Reclaiming it would bring $2,683 back into view.
Not financial adviceI've seen ETH move like this too many times now.
It touched $2,512 briefly, then retreated with low volume. This isn't a top; it's pretending not to notice the shorts above. The four-hour candles keep coming one after another, with narrowing volatility—the last five have all been trapped in this $34 range between $2,478 and $2,512, unable to break down or up, with trading volume only at 85% of normal.
The market isn't dead; it's waiting for someone else to make the first move.
What unsettles me most isn't the price, but the long-short ratio. Bulls have been holding steady at 58%, but have been slowly sliding down for three consecutive hours: 58.2%, 58.0%, 57.8%, 57.6%. This isn't a reversal signal; it's bulls quietly withdrawing. They're not fleeing, just not adding.
The funding rate at -0.0019% tells you that shorts are starting to pay fees here, indicating that shorts are prepared for this level. Open Interest remains steady at 1.86 million ETH; no new money is coming in, old money is playing the game.
So my judgment is: this isn't a buildup before a breakout; it's the main force shrinking the range, waiting for retail traders to make the first move.
If you chase above $2,510, they'll give you a fake breakout to trigger stop losses; if you short down to $2,480, they'll forcibly pull it up to reverse and trap the shorts. Both directions are traps—not because I'm pessimistic, but because the volume simply can't support any directional move.
Wait for the signal. The real opportunity should come with volume support, LSR starting to move unilaterally, and OI clearly expanding in one direction—see at least two of these three before making a move.Whale Table: Sister Bao's triple short, SOL becomes the "wound" 🩸
Boss Ten closed his short position at a high level and withdrew; Brother Maji stubbornly held his short position, floating a loss of about 50 million; Sister Bao, however, placed three short orders: ETH, SKHY, SOL, all betting on a decline. 🎲
$ETH: 5x short, 50 contracts, opened at 2489.82, marked at 2506.61, floating loss 839.49 U (-3.37%). Margin 25,000 U, maintenance margin ratio 10668%, liquidation price not shown, temporarily safe. Brother Maji's ETH short at 2322 is still holding, Sister Bao's 2489 is closer to the discount price, bulls and bears are pulling face to face. ⚔️
$SKHYNIX: 5x short, 1000 contracts, opened at 172.15, marked at 171.08, floating profit 1060 U (+3.07%), margin 34,000 U. The marginal asset has become the only cover for the whole scene. 💎
$SOL: 3x short, 1000 contracts, opening price not shown, marked price floating loss 5630 U (-16.11%), margin 36,800 U. Compared to Brother Maji's SOL 10x short opened at 94.3, floating loss 11.52 million U, Sister Bao's leverage is gentle, but the wound is not small. 🩹
In a word: die-hard shorts follow the team, SKHY survives, SOL takes a heavy hit. Whale game, no word "easy" in the panorama of all beings. 🐋#CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ #跟着OKX打卡2049 Correction is not a reversal, don't chase every bullish candle
The market is still undergoing structural correction, not a trend reversal. $BTC has a dense chip area above 85000, with trapped positions not yet digested, so approaching it easily encounters selling pressure. Only with a strong volume breakout above 85000 will the upward space truly open; otherwise, this wave is just an oversold rebound, with further pullbacks to confirm.
$ETH bounced from 2350 to 2470, showing some recovery, but the key broken structural levels have not been reclaimed, so reversal conditions are insufficient. If it can't surpass 2520, weakness will persist; if 2430 is lost, 2350 may be tested again.
$SOL follows the market, moving from 102 back to 108, with overhead resistance still intact. Chasing gains at this stage, even if the direction is right, can easily lead to being shaken out by volatility.
In terms of operations: consider entering BTC only after it stabilizes above 85000; closely watch ETH's reactions at 2520 and 2430; and keep an eye on SOL for now. The medium to long term remains bullish, but being bullish does not mean chasing every bullish candle. $BTC $ETH $SOL #CPI and PPI announcements are imminent, testing rate hike expectations #机构持续布局，BTC为何仍承压？ #跟着OKX打卡2049 The $80K level, corresponding to mean STH MVRV, currently acts as a support zone. The key support level is the STH cost basis at $74K. A pullback that deep is possible under severe macro stress or serious problems in the AI sector.
STH MVRV is currently 1.105, roughly 200 points below the 1.300 euphoria zone, where the risk of a local correction will rise due to sizable STH profits.
Buy the dip.$STRK perpetual contract 50x long position, opened at 0.1114, current price 0.11386, unrealized profit +110.41%.
Market logic: Following the overall market's early morning short squeeze, sentiment in the Layer2 sector warms up, funds enter after a pullback confirms support and push prices higher. The 0.113 level on the chart has turned from resistance to support, with heavy selling pressure around 0.116 above; relative strength within the sector is weak. The 50x leverage leaves limited room for error, and high-level positions are easily shaken out.
Trading strategy: Take profit on most positions first, set breakeven stop loss on the base position. Although market sentiment is warming, do not be greedy; prioritize locking in realized profits. $ZEC $SOL #OpenAI营收口径引争议，AI投资回报受关注 #AI与量子威胁下，区块链安全如何升级？ Last night my hand trembled slightly when setting the stop loss, but this morning I realized it was an unnecessary worry.😅 Last night before bed, the $ENA long position pulled back and held steady. I saw someone buying below, the buying pressure got stronger, and before the order book heated up, I reminded myself to hold on and not scare myself.
Entered at 0.22247, current price 0.23549, +293.07% big gain. This wave was worth the wait, brothers on board can treat themselves well.🔥 Big profit, feeling good brothers.
Risk control done in advance is called being rational; cutting losses after losing is called a brave decision.
The market cures all kinds of arrogance, especially those who think they are the smartest.
Put 70% of the main position in your pocket first, protect the remaining 30% at cost price, move the stop loss closer to cost price, let profits run if it continues to rise, don’t be greedy for the last bit.
Now is not the time to rush, there will be more opportunities later. When the next round reaches a more comfortable position, I will notify immediately. Opportunities remain, don’t rush.
$BNB $ZEC Why is Satoshi Nakamoto's “wallet” getting fatter and fatter?
Satoshi Nakamoto does not have an official wallet. The so-called “holding 1.09 million $BTC” is an estimate clustered by researchers based on early mining patterns, scattered across tens of thousands of addresses. It’s not a money market fund; it’s more like a silent graveyard.
Why does the balance increase? It’s not because Satoshi woke up and is dollar-cost averaging, but because others keep sending money in. Some pay tribute by treating the genesis address as a wishing well; some mark it for easier on-chain analysis; others do it just for fun, wanting to be “someone who has sent money to Satoshi.” The reason the 26.9 BTC transaction caused a stir is that it’s like throwing $1 million into a black hole—visible on-chain, but the private key may not be controlled by anyone.
The key difference is: a transfer does not mean Satoshi received it. If the private key has never been used, these coins are just sinking deeper into cold storage. Especially the 50 BTC in the genesis address, which are almost unspendable according to the protocol. So the balance growth is “being recharged,” not “profiting.”
Conor Grogan’s joke is spot on: either Satoshi woke up and bought 27 BTC, or someone burned $1 million. The former is extremely unlikely; the latter is routine on-chain.
If Satoshi really woke up, he wouldn’t quietly buy coins; he would move 1 BTC first, shaking exchanges worldwide. Everyone is Satoshi, but the one who can sign has yet to appear. Next time you want to send money, think carefully: are you paying tribute, or burning money? #CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ "Before the CPI release, the rebound is just a rebound"
A week ago, the market was betting about 70% on a rate hike; now it's down to only 20%. On the surface, sentiment seems to have turned sharply, but don't rush to translate "probability decline" into "Fed turning dovish." Most officials still have another rate hike on the table this year, and after Waller's speech, Goldman Sachs even raised its expectation from one hike to two. The market loosening first does not mean policy is shifting first.
The real gatekeeper is the October 14 CPI. If it's below expectations, a pause in rate hikes is almost certain; if above expectations, a December hike is basically locked in. Until the data is out, the direction is just a bet.
Capital is more honest. In the first week of October, US spot Bitcoin ETFs saw net outflows of $681 million, Ethereum ETFs net outflows of $542 million, totaling over $1.2 billion; on October 7 alone, Bitcoin ETFs withdrew $484.9 million. Money is leaving, so the rebound looks more like a correction rather than a reversal.
The market also sets boundaries: Bitcoin bounced from 80,400 back to 82,600, but 83,500–84,000 remains unbroken; Ethereum bounced from 2,406 to 2,501, capped at 2,579, with 2,400 as the short-term bottom line. The upside is limited, weakness remains; if the downside breaks, sentiment will be tested again.
Therefore, guessing the bottom before the CPI release is meaningless. Watch the data, then watch the capital, and finally watch the price.$SAND up 85%+ in a month, down 13% in a week, SAND dropped like this, and the fee rate is still negative?
Reviewing SAND, let's clarify the news first: this 85% monthly rise is entirely due to the lifting of trading warnings by the three major Korean exchanges in early October (risk control after the cross-chain bridge attack in August), and has nothing to do with the metaverse ecosystem. It peaked at 0.0881 then cooled off, giving back 13% in a week, now at 0.0652.
The strange thing is the fee rate. It has been negative all the way from -0.15%/8h, now still at -0.035%. After a week of decline, the shorts are still rushing to pay and hold positions, but the open interest has shrunk by 3.7%—short chasers and cut-loss sellers are mixed together.
Positions: above 0.0881, below 0.0635.
With such expensive fees, will it rebound on the dip or continue shorting?
#CPI与PPI公布在即，加息预期迎考验 One year ago today, this market lost 19 billion.
1.6 million people were wiped out within half an hour. BTC just touched the all-time high of 126,000, then immediately crashed to 102,000, a 12.7% drop gone in an instant, with platform quotes all in chaos.
Now BTC is between 82,000 and 83,000, 34% below that peak, with a total market cap of 2.81 trillion. But what I think is really worth talking about is not the price, but the structure.
The order book depth of $BTC has already recovered; some indicators are even thicker than on the day of the crash and at the start of the year. The 50-day moving average is 79,989, the 200-day moving average is 75,840, and this week's range is 80,300 to 86,600, with clear references both up and down — the mainstream side has recovered the most completely.
$ETH is at 2,504, right on the 50-day moving average of 2,501, and the 200-day moving average is 2,329. Depth has also returned, but its position is more awkward than BTC’s; the moving averages are right under its feet, and if it can’t hold, it will directly test the 2,329 level.
$SOL is at 109.9, with the 50-day moving average at 107.44 and the 200-day moving average at 98.24, and this week's range is 106.4 to 121.8. Among the three, it has the largest volatility, only just over 2% above the 50-day moving average, with much thinner buffering than BTC.
What really hasn’t recovered is the dollar depth of altcoins — it has been shrinking continuously. If something really goes wrong next time, the mainstream can hold, but altcoins might not; money will only flow to places with depth. $ETH perpetual contract 100x long position, opened at 2503.08, current price 2527.17, floating profit +96.24%.
Clear logic: The Federal Reserve signals easing inflation, market expectations for rate cuts heat up again, overall market sentiment warms up driving ETH to stabilize and rebound. Strong buy support near the 2500 level, positioning a 100x long based on this support, stop loss set at 2490.
Fundamental support: Ethereum ecosystem continues iterative upgrades, capital starts flowing back to ETH amid sector rotation. Spot funding fluctuates, but long-term holdings are solid.
Trailing take profit raised to 2515 to lock in gains, continue holding, focus on the strength of the breakout above the 2540 resistance level. $STRK $MAGIC #CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ Observing $DOGE's trend early in the morning, after a pullback the bearish momentum was exhausted, and funds entered to support the bottom, so a long position was opened at 0.08582.
The bulls steadily gained strength on the chart, and the price rise brought holding profits. Every position opened must be supported by chart logic; avoid heavy positions based on gut feeling.
Currently in a rebound market, continue holding the base position and take profits in stages. For those not yet involved, do not chase the rally; wait for a pullback to key support before observing. Keep trading rational, control leverage, and maintain risk limits. $ETH $BTC #CPI与PPI公布在即，加息预期迎考验 From a long-term perspective, a full-scale uptrend for $BTC will begin once stablecoin flows shift to net inflows.
The current trend of net outflows has persisted for over three weeks, causing $BTC to experience a pullback following its recent rise.
However, the outflow trend is improving. If stablecoin flows shift to a net inflow, a full-blown bull market will start.THE SIX-YEAR COUNTDOWN IS ALMOST OVER.
Filecoin’s original vesting schedule ends in mid-October. At the recent mining pace, gross annual FIL additions could fall from ~89M to ~21M: roughly 77% less new supply.
OKX’s latest FIL snapshot: $1.255, +5.77% over 24h.
No tokens are being burned by this event. Storage-provider rewards continue. The next chapter depends on demand, not just a smaller faucet.
$FIL #Filecoin #DailyOrbit Did nothing, just went to the restroom, and when I came back, the K-line had already done the work for me. Last night before sleeping, I was still watching $DOS, it pulled back and held steady, someone bought at the bottom, I reminded not to panic after going long, just hold on. Opened the market this morning and it took off directly, from 0.2607 to 0.2712, floating profit +81.31%, those on board should have woken up laughing.
Panic comes from having no plan, losses come from overthinking.
First take 70% profit, move the stop loss of the remaining 30% to the cost price, keep pushing to let the profit run, and don’t give back gains on a rebound, stick to the rhythm and don’t mess around.
Better to miss a limit-up than to catch a falling knife and get bloodied.
Now is not the time to rush, wait for the next shot, watch for a new structure, there will be more opportunities later, I will notify immediately.
$LAB $ZEC $ZEC perpetual 50x long position, opened at 1222.71, now at 1253.74, floating profit +127.01%.
Didn't overthink it: the consolidation period was long enough, the 1222.71 level was repeatedly confirmed as valid on the platform, the bottom characteristics are very clear. Entered as soon as a volume-increasing bullish candle appeared, following the trend, not emotions. 50x leverage, stop loss at 1190. The rise was fast and steady, giving no chance for a second entry, a big profit trade secured.
Locked in a safety cushion at 1245 first. My personal judgment is that there will be resistance around 1300, and then I'll decide whether to exit or hold based on volume, without guessing the top in advance. $BTC $ETH #CPI与PPI公布在即，加息预期迎考验 At $83,000, 53% of the capital was invested in Bitcoin above this price.
If you buy Bitcoin here, you are therefore better positioned than more than half of investors.
The $84k-$85k zone is the largest distribution cluster, and many investors react at this key level.
This is clearly the level to break on Bitcoin.
Below, the $79k-$77k range could act as an interesting support point.$MAGIC perpetual 20x long position, opened at 0.11196, now at 0.12992, floating profit +321.54%.
Just betting on a bottom reversal: 0.11196 tested three times without breaking, volume decreasing stepwise, very typical bottom characteristics. Enter at the moment the bullish candle pulls up, never guessing the bottom prematurely. 20x leverage, stop loss at 0.105. This wave went very cleanly, almost no pullback, profits smoothly doubled.
For now, hold steady and let the bullets fly a bit. Keep 0.125 as the defensive line to protect the principal, wait for a clear signal around 0.135 before deciding whether to add or reduce, no rush. $BTC $ETH #CPI与PPI公布在即，加息预期迎考验 $LINK LINK: The oracle leader at $13, is it undervalued?
LINK is at $13.02 today, +1.4% in 24h, -7.43% in 7 days. It’s relatively resilient among altcoins. Chainlink’s logic is more solid than many public chains: price feeds, CCIP, RWA data, institutional on-chain settlements all require oracles.
Today’s volume is 184M, on par with AVAX/SUI, but LINK has a stronger sense of institutional adoption. With news from JPMorgan/Fidelity, the market may not necessarily buy ETH/SOL, but Chainlink’s CCIP doing cross-chain messaging + compliance data is the pipeline for the RWA era.
Price zones:
12–13: mid-term cost zone
15–17: previous high resistance
20 with volume: RWA+CCIP revaluation
Below 10: altcoin retreat
LINK is neither a meme nor an L1 performance coin; it’s an "infrastructure rent-collection logic." $13 today isn’t sexy, but it’s more stable than a bunch of new chains with no revenue. #CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ $LINK Over three days, $BTC, $ETH, and $XRP all saw large-scale accumulation, yet prices collectively declined. BTC accumulation was about 15,000 coins, which, based on the buying range, translates to approximately $1.245 billion; ETH exceeded 166,000 coins, XRP about 45 million coins, with a consistent algorithm, totaling over $1.3 billion.
The buying pressure is real, and the decline is also real. At the same time, there was $1.19 billion in liquidations across the entire network within 24 hours, with longs accounting for over $1 billion. The main reason for the price drop is not a lack of buyers, but forced liquidations of leveraged positions, causing system sell orders to push the price down passively.
On one side, there is active buying; on the other, forced selling. Stop-loss orders placed in dense price ranges have been swept away. Therefore, buying and price drops are not contradictory; it’s just that the pace of absorption cannot keep up with the speed of forced liquidations.
The clearing of leverage is not over, so absorption cannot support the price. Institutional positioning is a slow variable, while liquidations are a fast variable; as long as the fast variable hasn’t settled, BTC, ETH, and XRP will struggle to strengthen immediately.
First, watch if liquidations cool down, then see if buying pressure can continue. The direction is unclear, so prioritize position management.
#机构持续布局，BTC为何仍承压？ $BTC $ETH#CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ #跟着OKX打卡2049 Short-term sentiment is still cooling down; don't mistake a rebound for a reversal, fund flows are more honest than candlesticks.📉
$BTC surged to 83027, ETH stood above 2510, key resistance seems broken, but the market repair feels a bit "hollow." BTC outflow in 5 minutes is 8.07 million, 4 hours outflow is 172 million, 8 hours outflow is 158 million; although there was a net inflow of 55.51 million in 24 hours, nearly a week shows a net outflow of 3.313 billion. There is buying support, but the willingness to chase gains is weak.🤔
$ETH had a 24-hour inflow of 58.63 million, but 4 hours outflow of 99.32 million, 8 hours outflow of 127 million, funds have not clearly returned. Whether it can hold above 2500 depends on subsequent incremental inflows.⚠️
$SOL current price is 110, 24-hour inflow of 20.12 million, but 4-hour and 8-hour periods still show outflows, short-term buying is weak, more like following the overall market repair. CHIP current price is 0.069, pulled from around 0.05 to 0.069, nearly 40% increase, the big bullish candle at dawn is eye-catching, but the risk also increases with the sharp rise, chasing highs requires caution.🚀
The key now is not "whether it has risen," but "whether the money has returned." If funds continue to flow back, it looks like the shakeout is over and a second attack is underway; if only prices rebound and funds continue to withdraw, it looks more like leaving a window for exit.👀
#CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ #跟着OKX打卡2049 Reflections on the Crypto Circle
The living room light is off, the phone's glow reflects on my face like a cold blade.
I stare at that big bearish candle, dropping straight from 87,000 to 80,000. Every time the number ticks, my heartbeat sinks an inch. Ethereum collapsed too; the 2,500 support line is like a paper window, breaking with a single poke.
In the group chat, people are still shouting: "The bull is still here! Just a technical correction!" I suddenly want to laugh—this "technical" skill seems more like a butcher's skill.
I flipped through the weekly chart, among the dense bullish candles, faintly hidden is a small line of text. Getting closer, it reads "bull market," and squinting more, even smaller words appear underneath—"please take the bag."
I close the app; in the black screen, a face is reflected. Deep eye sockets, corners of the mouth drooping, looking exactly like a cut chive, with dew still hanging on the stubble.
Outside the window, the wind blows the curtain like a flag of surrender. I remember the day I entered, a friend said: "Hold on, this is the train of the era." Now, the train is nowhere to be seen, but the tracks lie across my chest, segment by segment, pressing down so hard I can barely breathe.
The phone lights up again, pushing a breaking news alert: "A certain whale address just transferred 20,000 BTC to an exchange."
I stare at that line and suddenly understand. The candlestick chart isn’t about bulls or bears; it’s just a hunt. Some are beating drums, some are firing guns, and we retail investors are the birds startled out of the forest.
Only, birds fly away and know to find another forest. But we delete the app, yet in the middle of the night, can’t help but reinstall it.
I take one last look and slam the phone down on the table. That line is as red as a candle that hasn’t burned out, stuck on the 80,000 peak, and with a gust of wind, it goes out.$STRK perpetual 50x long position, opened at 0.07066, now at 0.11389, floating profit +3059.01%.
The idea is very simple: the bottom consolidates with extremely low volume, volatility is crushed to the floor, indicating that the chips are ready to rally. A single high-volume bullish candle directly lifts the price from 0.07066, a typical breakout signal, go long, not short. 50x leverage, stop loss at 0.065. The trend goes straight up, giving no comfortable entry point, profits explode directly.
At this position, I plan to take half the position off the table first, and move the stop loss of the remaining half up to 0.11 to let profits run. If 0.12 breaks out with volume, continue holding; if it doesn't break, exit fully. $BTC $ETH #CPI与PPI公布在即，加息预期迎考验 $BTC
There is a serious amount of resting bids sitting below price.
They spread from $81k all the way down towards $74k, which suggests that many market participants are expecting a bounce somewhere within this area.
However, it also shows that there is still quite a bit of uncertainty around where exactly that bounce will come from.
Selling pressure, on the other hand, remains relatively thin in comparison, which is exactly what you want to see. $BCH perpetual 50x long position, opened at 278.9, now at 284.9, floating profit +107.56%.
The logic is very simple: repeatedly testing the bottom near 278.9 without breaking it, each pullback is quickly pushed up, the lower shadows are getting longer, and selling pressure is clearly exhausted. Wait for a volume breakout, confirm on the right side, then go long. 50x leverage, stop loss at 270. This rally has been quite smooth, with no chance for a pullback, profits have directly doubled.
Now move the stop loss to 282 to lock in profits. If there is a volume breakout above 290, you can hold a bit longer. $BTC $ETH #CPI与PPI公布在即，加息预期迎考验 "Only Later Did I Understand" 📉
Once passed by $BTC at 57800 and $ETH at 1500, but thought the opportunity was always in the next time. 📉
Missing the market move doesn't lose a cent; impulsive actions might wipe everything out. 💸
During the 57000 consolidation, afraid it would keep falling; above 83000, arguments split into two camps: 40,000 or 100,000? 🤔
Missed 87000, felt regret; saw the pullback, fingers itchy. Chased in, sideways market, felt like the market was targeting me. 😮💨
Actually, the market isn't targeting anyone, it's emotions placing orders instead of rationality. 🧠
Candlesticks make the heart race, positions get out of control. Consolidation is the most exhausting and the most likely to cause reckless entries.
The market never lacks opportunities, it lacks the capital and patience to wait for them. ⏳
Don't chase every fluctuation, control your hands, wait for the one that belongs to you. 🌱#CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ #跟着OKX打卡2049 $BTC This could be developing into a decent range low deviation aka failed auction. 83K has to hold with slow grind up.$STRK perpetual 50x long position, opened at 0.10931, now at 0.11458, floating profit +241.%.
I've actually been watching this position for quite a while. The 0.10931 level was repeatedly tested but never broken; there is strong support around this area every time. After confirming the bottom was valid, I decisively went long on a big bullish candle. Using 50x leverage, the position size was pushed to the extreme.
Currently floating profit +241%
%, moved the stop loss up to 0.10931. Not greedy, locking in profits first, letting the rest run.
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$STRK perpetual 50x long position, opened at 0.10931, now at 0.11458, floating profit +241.05%. $ETH #CPI与PPI公布在即，加息预期迎考验 #俄罗斯放宽柴油出口，霍尔木兹风险仍支撑油价 #PIMCO警告10年期美债收益率或达6% #CPI与PPI公布在即，加息预期迎考验
How long you can sleep depends not on the market's gentleness but on keeping your position size reasonable and your stop-losses not too far. The current phase is still a structural recovery; a trend reversal is not yet in sight. BTC 85000 is a dense chip zone; those previously trapped haven't fully exited, so price tends to face selling pressure when approaching this level. Only a volume breakout and a stable hold above 85000 can open the way upward; otherwise, this rally is just a technical rebound after a deep drop, with further pullback pressure to confirm.
ETH moving from 2350 back to 2470 looks like warming up, but key structural levels lost earlier haven't been regained, so reversal conditions are insufficient. Short-term 2520 is the dividing line between strength and weakness; failure to surpass it means weakness persists; if 2430 breaks, 2350 may be retested.
SOL bounced from 102 to 108 with the broader market, but resistance above remains firm. Chasing aggressively at this level, even if the direction is right, risks being shaken out by repeated volatility.
Trading approach: wait for BTC to hold above 85000 before considering; watch ETH's reaction at 2520 and 2430; observe SOL for now. The medium to long term remains bullish; this cycle may not be over, but being bullish doesn't mean chasing every green candle.
$BTC $ETH $SOL "Interest Rate Hike Expectations Cool Down, Don't Rush to Be Dovish"
A week ago, the market was still betting on over a 70% chance of a rate hike, but now it has dropped to 20%. However, a decrease in probability does not mean the Federal Reserve is shifting its stance. Most officials still consider a possible rate hike by the end of the year, and Goldman Sachs has even raised its expectations.
The funding market is more honest. In the first week of October, BTC and ETH spot ETFs saw a combined outflow of over $1.2 billion, with BTC's single-day outflow hitting a three-and-a-half-month high. Institutions are withdrawing, so the rebound naturally lacks momentum.
The current rebound can only be considered a recovery, not a reversal. BTC faces significant resistance between 83,500 and 84,200, and ETH is capped at 2,582; only breaking through these levels counts.
The key variable is the CPI on October 14. Before the inflation data settles, guessing the bottom is meaningless. If the data is hot, rate hike expectations will reignite, and risk assets will continue to be under pressure; if the data cools down, the market can finally breathe.
In terms of operations, do not chase the rally or bottom-fish; wait for the CPI to provide direction. In a recovery market, staying alive is more important than chasing rebounds.
#本周美联储将公布9月会议纪要
This is only a personal observation and does not constitute investment advice. $ETH perpetual 100x long position, opened at 2495.55, now at 2525.82, floating profit +120.29%.
The idea is very simple: the bottom consolidates with extremely low volume, volatility is crushed to the floor, indicating that the chips are ready to rally. A single high-volume bullish candle directly lifts the price from 2495.55, a typical breakout signal, go long, not short. 100x leverage, stop loss at 2450. The trend goes straight up, giving no comfortable entry point, profits explode directly.
At this position, I plan to take half the position off the table first, and move the stop loss of the remaining half up to 2520 to let profits run. If 2600 breaks out with volume, continue holding; if it doesn't break, exit fully. $BTC $STRK #CPI与PPI公布在即，加息预期迎考验 #跟着OKX打卡2049 What's Driving This Sunday Pump? 👀
A liquidity cluster was sitting just above Bitcoin's price earlier today.
Looks like some traders spotted the opportunity and built a bid wall to support the move.
The spot Bid/Ask Ratio (0%–1%) jumped to 0.3, signaling stronger buying pressure.This $FIL pot is already smoking and still climbing — up 4.11% in 24 hours, short-term RSI surged to 66.5, Bollinger Band upper band at 102%, with only -0.1% space left to the upper band. This is a typical case of "the oil is 90% hot but still adding ingredients," one more second and it will burn.
First, let's talk about the heat. The 1H RSI has passed 64, triggering a sell signal; the short-term RSI at 66.5 is hanging in the overheated zone, but the long-term RSI at 49.3 is still lukewarm. It's like the front stove is on high heat stir-frying, while the back stove is slow simmering — the two burners are not in sync. The short-term price on the Bollinger Band is at 81%, with +3.8% space to the lower band and only +0.8% to the upper band — almost no room left above, like the edge of the plate has only a finger's width left when serving.
Now, looking at the main dish ratio. The bulls are treating $FIL as the main course and adding aggressively, but the momentum on the chart feels like reused cooking oil — sizzling, but the base isn't thick. Current price is 0.75, with only 0.8% margin to the Bollinger Band upper band; chasing longs now is like sprinkling salt when the salt shaker is almost empty.
My judgment is clear: this is the final reduction before serving, not the right time to add positions. Go short instead, wait for it to surge to around 0.78 — about 4.1% above the current price — that’s the real "take-off point." Targets are first 0.71 (-4.6%), then 0.70 (-6.8%), with stop loss at 0.87, allowing a 16.5% buffer — like reserving a ladle of broth, not to be skimped.
📉 Short:
Entry: 0.78 (current price +4.1%)
Take Profit 1: 0.71 (-4.6%)
Take Profit 2: 0.70 (-6.8%)
Stop Loss: 0.87 (+16.5%)
The key to this dish is not the main ingredient, but the seasoning — leverage is that extra spicy chili pepper; adding half more can burn through your guts. Those chasing longs at the current price are basically eating chili as the main course. #coinmovealert#机构持续布局，BTC为何仍承压？
Bitcoin has been feeling a bit constrained lately; institutions are buying, but the price just won't rise.
Looking at the data, the US Bitcoin spot ETF saw a net outflow of $731 million on October 7th and 8th. On the 9th, only $21.13 million flowed back in, less than 3% of what left in the previous two days—a drop in the bucket. Meanwhile, Morgan Stanley's MSBT holds about 10,639 BTC, and Strive plans to continue expanding its treasury allocation through preferred stock financing. Institutions are positioning for the long term, while ETF funds are withdrawing in the short term—these two forces are completely out of sync right now.
Here are two points on how this affects our crypto space.
First, short-term pressure mainly comes from the capital side. With ETFs continuously seeing outflows, plus US Treasury yields and energy prices at high levels, Bitcoin's rebound is missing incremental buying power, not faith. Institutional treasury allocations can provide a floor but aren't enough to push prices up.
Second, the real variable is the CPI. Before the inflation data on the 14th comes out, big money won't make big moves. If CPI is hotter than expected, US Treasury yields will keep rising, and ETFs might continue to see outflows. If CPI cools down, capital pressure will ease, giving Bitcoin a chance to bounce back.
My view is simple.
Don't blindly follow just because institutions are buying. The short-term price driver is ETF fund flows and macro sentiment, not long-term allocations. Overall, the big direction still depends on the news. This is the current market situation—be patient and wait. $BTC $NEAR perpetual 50x long position, opened at 5.246, now at 5.677, floating profit +415%.
After bottoming and stabilizing around 5.246, it directly surged strongly with the trend. I followed the trend to go long, setting a stop loss below 5.2. With 50x leverage and a very small position, the movement was much stronger than expected, directly pulling up to the 5.677 level, with a return exceeding 4 times!
Moved the stop loss up to 5.246, now watching if it can break the 6.0 whole number level.
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$NEAR perpetual 50x long position, opened at 5.246, now at 5.677, floating profit +415%. $BTC #CPI与PPI公布在即，加息预期迎考验 The rebound is evident, but the reversal has not yet arrived
On October 11, 2026, $BTC hovered around $83,000, and $ETH was about $2,500. Compared to the October 2025 highs, both remain approximately 34% and 49% lower, respectively. This is stabilization, not "regaining lost ground."
$83,000 is the immediate threshold and is close to the average cost for Bitcoin spot ETF investors. Recently, BTC briefly fell below $81,000; if it cannot regain footing, $77,000 and $74,000 will come into view.
The capital flow is no longer hot. The US spot Bitcoin ETF saw net outflows exceeding $700 million this week, nearly $485 million in a single day on October 7; the Ethereum ETF experienced net outflows for nine consecutive trading days, with institutional inflows sharply dropping from September highs. Meanwhile, US Treasury yields remain high, strengthening Bitcoin's correlation with US stocks. In the short term, it is more influenced by traditional markets, and the risk of high-leverage liquidations has not disappeared.
Therefore, "resuming an upward trend" is a conditional medium-term judgment, not a current fact. Going forward, three points to watch: whether $83,000 can hold, whether ETFs can shift from outflows to inflows, and whether US Treasury yields will ease. The trend is unbroken but far from a time to celebrate.
#CPI与PPI公布在即，加息预期迎考验
#机构持续布局，BTC为何仍承压？
#交易之声：你的经验值得被听到 $CORE $CORE Don't just focus on the K-line; the real trump card is hidden in the miners' future ledger ⛏️
The market is always talking about Satoshi Plus, $BTC staking, Rev+, but few see through this: CORE is solving a more fundamental problem—after BTC block rewards drop to zero, how will miners survive? ⏳
Halving is not news; it's a countdown. When the endgame arrives, miners must find a second source of income. CORE's answer is clever: no need to change mining machines, no extra power consumption, just delegate existing computing power easily, pay one electricity bill, get two returns. ⚡
More importantly, the release schedule. Smooth release over 81 years, about 3.61% annual decrease, not a sprint but a marathon aligned with BTC's halving cycle. 🏃
Dual staking locks in demand: to get BTC's highest tier returns, you must buy and lock CORE long-term. CORE is not just a chip; it's the key to unlocking high-yield tiers. 🔑
Next step, use real ecosystem income to buy back CORE, shifting the narrative from subsidies to cash flow assets. Short-term only sees today's price changes, but slow variables are reshaping valuation. When perception shifts, the revaluation is just beginning. 🚀#CPI and PPI releases are imminent, interest rate hike expectations face tests #Institutions keep positioning, why is BTC still under pressure? #Check in with OKX at 2049 Put down the scalpel and first check the monitor.
$ETC jumped 5.92% in the past 24 hours. To outsiders, this looks like a heart beating strongly—but through my stethoscope, it’s a heart with sinus tachycardia and compensatory myocardial hypertrophy. The cheeks are flushed, but blood oxygen is dropping.
First, measure the heart rate. The short-term RSI is 65.6, already in the sinus tachycardia range; the long-term RSI is only 51.1, with the baseline heart rate barely hanging at the lower normal limit. What does the gap between these two heart rates indicate? It means this heart is relying on short-term sympathetic nervous excitement to hold on; the intrinsic pacemaker output is unstable. This is not a healthy myocardium; coronary blood supply is already compromised in the shadows.
Next, look at the vessel walls. The short-term Bollinger Bands show the price stuck at 80%, only 1.4% from the upper band; the mid-term Bollinger Bands are even more dangerous, with the price at 86%, just 1.2% from the upper band. This is an over-distended aorta, with elastic fiber layers showing signs of rupture. What about downward? It needs to retract 6.0% to the short-term lower band, and 7.4% to the mid-term lower band. Such asymmetry leaves almost no room for suturing in the surgical field.
Hemodynamically, the current price of 6.96 is an extremely unstable compensatory point. To trigger real open-chest intervention, the price must first rise to 7.38—equivalent to heating this heart to 40 degrees before entering the operating room, at which point the vessel wall fragility is irreversible.
Diagnosis: dilated cardiomyopathy combined with tachycardia. High beat frequency, narrow beat amplitude, thin vessel walls. Open-chest surgery risk level four.
Surgical plan as follows.
📉 Short:
Entry: 7.38 (current price +6.0%)
Take Profit 1: 6.27 (-10.0%)
Take Profit 2: 6.48 (-6.9%)
Stop Loss: 8.10 (+16.3%)
This stop loss leaves a pericardial tamponade space with a bleeding volume of 16.3%. For a dilated myocardium already in tachycardia, that’s not a tourniquet, it’s a bloodletting slot. No chief surgeon would cut in such a surgical field.
The rally from 6.96 to 8.10 is just the last compensatory beat, not the reconstruction of new myocardial segments.$BTC perpetual 100x long position, opened at 82778.6, now at 83462.1, floating profit +82.61%.
The logic is very simple: repeatedly testing the bottom near 82778.6 without breaking it, every pullback is quickly pushed up, the lower shadows are getting longer, and the selling pressure is clearly exhausted. Wait for a volume breakout, confirm on the right side, then go long. 100x leverage, stop loss at 82000. This wave of rise has been quite smooth, giving no chance for a pullback, profits directly increased by 0.8 times.
Now moving the stop loss to 83200 to lock in profits. If there is a volume breakout above 85000, can hold a bit longer. $ETH $MAGIC #CPI与PPI公布在即，加息预期迎考验 Satoshi Nakamoto's 1.09 million $BTC is estimated based on early mining patterns as a "cluster of addresses," not a single wallet. Valued at $82,800 per BTC, it's about $90.8 billion. The most fascinating thing about them is not their value, but that they haven't moved for over a decade.
As for why the balance has increased, it's not because Satoshi woke up to collect rent, but because someone has been sending coins to the genesis and commemorative addresses. A recent transaction of 26.9 BTC even made Conor Grogan joke: either Satoshi bought 27 coins, or someone burned $1 million.
There are only three possible motives: tribute, treating the address as a wishing well; marking, leaving anchor points for on-chain analysis; or just for fun, wanting to be "someone who has sent coins to Satoshi Nakamoto."
But most of these addresses are beyond anyone's control. Sending coins there is more like throwing them into an on-chain black hole. The balance increase only proves the legend still has traffic.
Next time you want to express your faith, don't send coins to the legend; first, keep your own private keys safe. #CPI与PPI公布在即，加息预期迎考验 #机构持续布局，BTC为何仍承压？ Something unusual is happening in Bitcoin's market structure, and long-term holders may be at the center of it. During the 2022 bear market, Bitcoin reached the −0.2 standard deviation band below the Long-Term Holder (LTH) Realized Price. This pushed the LTH MVRV below 1.0, meaning that long-term holders, as a group, were holding Bitcoin at an aggregate unrealized loss. Historically, these periods have been associated with deep bear markets, capitulation, and major accumulation opportunities. BuPushing the horse to the edge of the chessboard is a mistake only beginners make — and now $ENA is hanging in a narrow gap just 0.1% above the lower Bollinger Band, only half a step away from that fatal edge. This is not a coincidence; it is the silence before the endgame.
First, let's clearly see the board. It has only dropped 1.37% in 24 hours, a number too mild, too mild to be a real attack. A true checkmate always comes with a volume collapse, but here the bears have only advanced one pawn, neither breaking the structure nor forcing the king to move; the midgame framework remains intact.
Next, look at the piece configuration. The short-term RSI is stuck at 30.1, already stepping into the oversold threshold; the long-term RSI reports 51.6, exactly on the midline, motionless. When there is divergence between two timeframes, I always trust the longer structure — the short-term being cornered does not mean the whole game is lost.
The position of the Bollinger Bands is even more interesting. The short-term price is at the bottom 3% of the range, only 0.1% from the lower band, but 2.2% from the upper band; the mid-term is at 14%, 1.4% from the lower band and 8.3% from the upper band. In other words, the path upward to the upper band is six times the distance downward to the lower band. When a piece’s movement space is severely asymmetric, the correct approach is not to stay put but to place pieces in the squares it must pass through in advance.
So my move is set at 2.8% below the current price. This is a typical pawn sacrifice strategy: don’t chase the current price, let the opponent push the pawn first, and when they overextend by one square, I will capture their initiative. Those who chase highs throw the queen out at the start; I am waiting for a cheaper entry square.
📈 Long:
Entry: 0.08 (current price -2.8%)
Take Profit 1: 0.09 (+5.1%)
Take Profit 2: 0.09 (+8.3%)
Stop Loss: 0.07 (-13.1%)
I must be clear: using a 13.1% stop loss to aim for an 8.3% second target is not a favorable risk-reward. So the winning or losing move in this game is not at the stop loss but in the number of pawns. This is not an all-in endgame; it is a reconnaissance advance — only using a small portion of total forces, keeping the rest in reserve, waiting for a real checkmate opportunity.
Because if I am wrong, after breaking below the lower band there is a vacuum zone with no supporting pieces; if I am right, the 8.3% space to the mid-term upper band is the only square I am willing to pay for today. The stop loss at 13.1% is precisely to leave a breath for the endgame, not to give room for impulsiveness.
Short-term oversold, long-term neutral, price hugging the edge — under this three-line siege, the market is forcing me to move first. Then I will move the pawn that looks weakest.
The real victory or defeat on the board is never about how fierce the first move is, but that when the opponent steps into that square, my pieces have long been waiting there. #strategyplaybookNo structural engineer would trust a parapet wall that has just been painted—$DOT has risen 1.74% in the past 24 hours, not even qualifying as a structural column, just an added layer of finish on the original elevation.
I've always interpreted it as a multi-tower complex: the relay chain is the core tube, the parachains are the surrounding towers, connected by corridors that transfer loads. The design intent is beautiful, but when it comes to implementation, reinforcement ratio, settlement monitoring, and expansion joints in the corridors all require real money. The white paper is a conceptual plan; only the construction drawings can be delivered. The current progress of these construction drawings does not match the planned floor height.
Looking at the data: the short-term RSI has climbed to 65.6, standing at the threshold of the overbought zone; the long-term RSI is only 46.8, still stuck in the underloaded foundation. The two charts contradict each other, indicating that the upper structure of this building is hollow. The Bollinger Bands are even more straightforward: the short-term price is at 94% position, only 0.1% clearance from the upper band, and still has 2.1% room to fall to the lower band; the mid-term position is 101%, with an upper band clearance of -0.0%—the eaves have already pressed against the roof slab, leaving no space for upward construction.
This is what I call a "fake topping out" that I never take on: the facade looks neat, but the core tube can't support secondary loading. When wind load comes, the curtain wall will be the first to respond.
So I set the selling point at the edge of the cantilever eaves, waiting for the rebound from higher levels to place orders. Entry at 0.87, 4.7% above the current price, is like building a working platform at the far end of the cantilever beam, only dropping the hammer at the moment of structural rebound. The first target down is 0.80, the first floor slab support below; the second target is 0.77, a lower-level bearing platform, which I expect to be the real position where someone takes over. Stop loss at 0.97, +17.1%, which is the bending moment upper limit of the main beam—if breached, it means I misread the stress model, and this entire floor must be demolished and cleared with no loose ends.
📉 Short position:
Entry: 0.87 (current price +4.7%)
Take profit 1: 0.80 (-3.3%)
Take profit 2: 0.77 (-6.5%)
Stop loss: 0.97 (+17.1%)
There is no "secondary modification" column on this drawing—if the main structure fails inspection, it must be demolished down to elevation 0.00 and rebuilt.