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The complete downfall process of the mobile mining pioneer Core Foundation and Maple Finance's settlement agreement $CORE 0.015CORE/USDT-50% ‌"Neither party admits fault, but time is running out" 1. Event timeline restoration In early 2025, Core Foundation and Maple Finance collaborated to launch lstBTC, allowing Bitcoin holders to earn yields through the Core chain. Core invested technology, marketing, and substantial subsidies, while Maple's Assets Under Management (AUM) surged from less than $500 million to $2.8 billion. The lstBTC pilot project attracted over $150 million in Bitcoin deposits. However, in mid-2025, Maple was accused of using confidential information obtained during the cooperation to secretly develop a competing product, syrupBTC, violating the 24-month exclusivity clause in their agreement. Core immediately applied for an injunction in the Grand Court of the Cayman Islands, successfully blocking Maple from launching syrupBTC and prohibiting Maple from trading CORE tokens. More troublingly, Maple subsequently claimed it would impair the $150 million Bitcoin deposits, implying it might not be able to fully return users' principal. Core firmly stated that these assets were held in a bankruptcy-remote structure, and Maple had no right to impair them.FED WATCH: BTC FACES A MACRO CATALYST Bitcoin is trading around the $80K area in the ETF-flow update, with recent institutional flows still uneven. Today’s Fed decision could influence risk appetite, but the statement and Powell’s press conference may matter more than the rate decision itself. Traders are watching for clues on inflation and the December outlook. #OctFOMCDecisionDueSoon #交易之声：你的经验值得被听到 Over these years in the crypto space, my core trading philosophy boils down to one sentence: unrealized profits are not your money, only what you pocket is; but if you pocket too early, you'll never taste the meat of the big trend. In this crypto market characterized by high volatility, high leverage, 24/7 nonstop action, and frequent spikes, holding without setting take-profit is gambling, while arbitrary subjective take-profit is like picking up sesame seeds and losing watermelons. For positions that have already generated significant unrealized profits, I strictly execute partial take-profits triggered by the following four core dimension conditions. 1. Mechanical partial take-profit based on risk-reward ratio. In crypto, volatility is extreme, so we must use probability and odds to beat the market. When I open a position, I always set an initial stop loss, and this stop loss amount is 1R. Once the market moves, I mechanically reduce my position based on the risk-reward ratio, without any emotion. When reaching 2R, I forcibly close 30% of the position. At this point, the trade has locked in profits; even if the remaining 70% retraces all the way back to the stop loss, the entire trade is still profitable, which greatly protects my holding mindset. When reaching 4R or 5R, I close another 30% to 40% of the position. By then, profits are very substantial, and I move the stop loss of the remaining position up to above breakeven plus fees. Market volume shrinks, exchanges continue to collect rent The total market turnover shrank by 14%, $BNB at 742.98 only dropped 0.32%, 7 days -0.45%, 30 days -2.75%, one of the most resilient among the mainstream, as steady as a landlord collecting rent. $HYPE at 81.81, up 4.03% today, because Crypto.com opened CFTC-regulated HYPE perpetual contracts for US users, RSI 48.3, 7 days +1.40%. $ASTER at 0.7094, 7 days -1.09%, 30 days surprisingly +0.20%, the only one in the market to turn positive in 30 days. My view: In a bear market, platform tokens compete not by gains but by who falls slower. HYPE gaining compliant access in the US is a real positive, but don’t validate a year’s logic by one day’s rise. 1. Conclusion and Direction: Short-term oscillation with a bullish bias, but this is only a rebound within a range, not a trend-driven rise. The most likely movement in the next 1–3 days is "a surge to 82.0k–82.5k resistance → pullback and oscillation"; the FOMC at 02:00 tonight is the key variable determining direction, so it is not recommended to chase longs before then. Short-term rating: Watch (bullish bias) — light positions can be held, but it is not advisable to open heavy new long positions. Key resistance: 81,820 (first, 24h high) → 82,060–82,100 (second) → 83,000–83,160 (strong) → 84,300–84,900 (major level). Key support: 80,900–81,080 (first) → 80,620 → 79,500–79,840 (lower range boundary) → 79,220 (stop-loss line). 2. Technical Analysis: Rebound confirmed, but strength is questionable. Daily chart: Price is above MA60 (81,452), slightly above MA10 (81,535), but suppressed by MA20 and MA50 (81,946, 81,948); MACD is below zero line, DIF -396 < DEA -182, green bars narrowed from -617 to -427, bearish momentum is weakening but has not turned bullish. 4H chart: Golden cross formed, DIF crossed above DEA, red bars have expanded for two consecutive days (372→433), price stands above 4H MA5, MA10, and MA20 lines; this is the strongest bullish signal today.OKEx Beijing Time October 29 🕧 Tonight at 02:00 AM Federal Reserve interest rate decision The probability of a rate hike by the Fed tonight is only about 7%. The market has already largely priced in a pause in rate hikes for October. There are three key points to watch in this meeting: • How the statement addresses market expectations for a rate hike at the December meeting • How Waller explains the policy reaction function • And whether the five monetary policy reform working groups disclose specific progress $BTC $CRCL $ETH $2360 ETH, are you panicking? The Fed decision lands tonight, ETFs keep bleeding, everyone is eyeing the $2300 lifeline! But just now, 160,000 ETH quietly flowed out of exchanges on-chain, and BitMine added over 10,000 more. Is this the calm before the storm or the start of the final drop? Let's look at the surface first: it rebounded, but you can't really be happy. Up 1%-2% in 24 hours, price bounced from 2290 back to 2360. Looks okay? But check the weekly chart — down 4%-5%. Look at the monthly — down 12%. Volume is moderate, RSI neither oversold nor overbought, price stuck below short-term moving averages, the descending channel is tight. All indicators say one thing: direction is undecided, don't make rash moves. ETFs are running, but on-chain is accumulating — who's lying? US spot ETH ETFs continue net outflows, recently daily outflows range from tens of millions to $100 million, October's cumulative outflow is quite significant. Institutional funds are under phase pressure, that's a fact. But on the other side — Exchanges see net outflows, single-day over 160,000 ETH level. BitMine keeps increasing holdings, latest add over 10,000, total holdings surpass 6 million. ETFs are selling paper ETH, on-chain is hoarding real ETH. On one side retail panics and cuts losses seeing ETF outflows, on the other big players withdraw coins from exchanges to lock them up. #10月FOMC利率决议即将公布 $BTC $ETH $SOL $SOL SOL hit a low of 99.87 today, then climbed back to 103 by the close, with a daily volatility of over 3 points. This lower shadow wick is quite decisive; I took note while watching the market. The real news came after hours. The future asset's Hong Kong subsidiary completed a tokenized note issuance on Solana. A Korean brokerage came on-chain to issue bonds; I assign this significant weight. Traditional institutions choosing a chain never pick the most popular one, but the one with the most stable settlement. The fee rate remains 0.01%, neutral, and the holding volume around $33.6 billion shows no significant flight. This rebound is not driven by contracts forcibly; the spot market is taking most of it. My judgment: SOL has support below and trapped positions above at this level, so it will likely continue to consolidate in the short term. But in the big picture, with real institutions working on this public chain, I’m more willing to buy on dips rather than run away. #10月FOMC利率决议即将公布 $XRP The XRP daily chart's dip to 1.25 was quickly filled by green bars, the order book is unusually strong. A glance at the chain shows that whale wallets have unknowingly locked up nearly 68% of the volume, leaving very little floating supply outside. Moreover, Evernorth just queued up over 70 million USD to buy spot, and the protocol cleverly restricts each purchase to only 20% of the transaction volume. This method of slowly bleeding daily with a dull knife, suppressing the price from soaring too fast, is really nasty. Now the circulating supply is thin, the bottom is fully supported by institutions, and the bears holding firm at this level are basically doing charity. #XRP $XRP 👇Brothers, the pain point list has been updated BTC is now at 81528, with 63% upward gravity, and 40.23 million short orders stacked above 82392. Previously it was 60% downward, now it has flipped. This indicates that this wave of rise has cleared the long orders below, and now the short orders above are getting tense. ETH is even more extreme, at 2370, with 68% upward gravity, and 15.79 million short orders stacked above 2403. If ETH rises another $30, that batch of short orders will be liquidated. The strongest is BNB, with 95% upward gravity! Above 766 there are 1 million short orders stacked, and the gravity is almost entirely upward. BNB only needs to rise another $5 to trigger a chain liquidation of shorts. HYPE has 65% upward gravity, SOL 55%, ZEC 51%, even gold has 60% upward gravity. Almost the entire market's gravity is upward. I've been trading for over ten years, and I'm very familiar with this kind of data—when all coins' gravity is upward, it means short leverage is stacked above, and the whales will continue to push up to clear the short orders. Brothers, don't chase the highs, 82300 above is the BTC short order pain point; when it reaches that level, the whales should start dumping, so don't chase longs above 82000. #10月FOMC利率决议即将公布 #SK海力士Q3营收首破100万亿韩元 #RobinhoodQ3营收增长，净利润下降 $BTC $ETH $ZEC When it was falling, you called me a toy company, What do you call me when it rises? Please call me the leader in embodied intelligence, The future Optimus Prime Gundam R&D company! The Q3 report tonight shows that Unitree Technology's revenue increased by 70%, but profits actually fell by 17%; The good news is that R&D investment in the quarter was 127 million yuan, 3.5 times that of the same period last year, even more than the profit. In short, Unitree is now exchanging profits for technology. More than 70% of humanoid robot revenue in the first three quarters last year still came from universities and research institutions. But somehow, it feels like it will drop tomorrow. $UNITREE Vertiv is the hottest US stock token today — OKX xVRT at 242.04, +14.45%, hugging the 24h high (203.67→247.62, range +21.6%), with MA5/30/120 all trending upwards; it's still pre-market in US Eastern Time, and this price means the token is racing ahead of tonight's stock market open. Why the heat now? Two catalysts combined: Caixin Global pre-market report shows Vertiv's Q3 revenue and Q4 outlook both beat expectations; at the same time, it just completed about $1.45 billion acquisition of Utility Innovation Group (closed on 10/27), bringing microgrid and data center power control in-house — the stronger the AI computing power, the worse the data center power shortage, and power plus cooling are the biggest bottlenecks. My judgment: earnings beat + acquisition closing on the same day is a "fundamentally supported gap up," more solid than pure news-driven spikes; but xVRT is a US stock token with only 0.64% turnover, small market cap, so the +4% move in the stock is amplified to +14%, and the pullback can be more severe. Watch the signal: a volume breakout above 247.62 (24h high) is a new level; the key is whether Vertiv's stock can hold the earnings-driven gains after the US market opens — if it gaps up but fails to hold, the token will pull back before the stock. #xVRT #Vertiv #DataCenterPower Not investment advice, DYOR Bank Entry VS Native Crypto Service Providers, I’m more concerned about whose compliance path is smoother with this news. Brazil’s largest bank Itaú submitted a notice to the central bank on Tuesday, ahead of the compliance deadline of October 30; its website already lists 15 crypto assets, including Bitcoin and Ether. My judgment: This is positive news for the banking channel, but it can’t be directly taken as positive for coin prices. Banks authorized by the central bank follow a notification procedure, while specialized virtual asset service providers must apply for operational licenses; the access paths are different. Seeing 15 assets already listed indicates this is not starting from zero, and registration doesn’t equal new buying pressure. If users value the familiarity of the bank entry more, I speculate native platforms will face more customer acquisition pressure. Banks have ready-made entry points, while native platforms need to prove their service advantages. I care more about how users choose going forward, rather than the hype of racing to register. If it were you, would you choose crypto services provided by banks or native platforms?U.S. AI concept stocks continue to rise in pre-market trading, but there are three hurdles to clear tonight: 1️⃣ Federal Reserve interest rate decision 2️⃣ Google earnings report 3️⃣ Microsoft earnings report These correspond to three questions: Is financing expensive? Is AI profitable? Is growth enough to meet expectations? 1. Federal Reserve — Can financing pressure ease? Even if interest rates remain unchanged, it doesn't necessarily mean good news. The key lies in subsequent policy signals and the trend of long-term U.S. Treasury yields. Microsoft and Google have cash flow backing and still have room; small computing power companies relying on financing to buy chips and build data centers are much more sensitive to high interest rates. Revenue can wait, but interest cannot. 2. Google — Can AI bring revenue and still leave profits? Search ads and cloud business need to be considered together. Stable search revenue provides confidence for expansion; cloud revenue and profit growing simultaneously indicates that customer payments are covering investments. An increase in capital expenditure first benefits equipment suppliers; but for Google shareholders, return on investment still matters. Just because big companies are willing to spend doesn't mean every company in the supply chain deserves a rise. 3. Microsoft — Can it surpass already high expectations? Microsoft previously guided: Azure growth of about 45% at constant exchange rates, capital expenditure over $50 billion. So "good performance" may not be enough. The key is whether new computing power can timely convert to revenue, whether Copilot paid subscriptions can continue to expand, and whether next quarter's guidance can support the investments. After tonight, AI stocks are more likely to diverge. Evening Data Card: Today's market sentiment is "neutral to slightly warm" — Fear & Greed Index at 51, 3 points higher than yesterday's 48, but not yet in the greed zone. Structurally: total market cap is $2.71 trillion (24h +1.56%), BTC dominance about 60.1%, 92% of coins are up, tradable volume around $60 billion, which is actually down 8.16% compared to before. My interpretation: the breadth of gains is wide, but volume hasn't kept up; before the decision night, it looks more like a wait-and-see rebound rather than a breakout with volume. Source: Alternative.me / CoinCodex, as of October 28, 06:00 UTC; not investment advice. What do you think this "broad rise with shrinking volume" is more likely to evolve into before the decision night?Let's break down a method today: When someone gives you an on-chain range, don't rush to trust the position. First, ask three questions. One, which cost line is the standard—there can be a big difference between the realized price and short-term holding cost, mixing conclusions leads to the opposite result; two, what are the invalidation conditions for the upper and lower bounds, which line breaking means the judgment is wrong; three, when reaching the range, is there supporting evidence, such as exchange inflow volume or whether futures funding rates align. Only if you can answer all three questions is the range worth using for planning. Do you usually check the standard when looking at ranges? This does not constitute investment advice. Data analytics platform Hex has completed a $100 million funding round, with a valuation of $1.2 billion. The lead investors are Peak XV and 137 Ventures, with participation from a16z, Sequoia, Redpoint, and others. Besides the funding, there is another development: Hex simultaneously released version 4.0, with an architecture redesigned natively for AI agents. Looking at these two events together provides more insight than just the funding alone. The traditional logic of BI tools is that humans search for data—opening dashboards, dragging fields, viewing charts, and writing conclusions. Hex 4.0 reverses this order: agents directly query data, compute results themselves, and generate conclusions, while humans only perform validation. The software’s users shift from humans to agents. This is a substantial shift, not just a buzzword; it determines how interfaces are designed and how permissions are managed. The capital market’s reaction is straightforward. The simultaneous entry of a16z and Sequoia indicates that "infrastructure for AI use" has become a mainstream investment theme, no longer an exploratory bet. The previous round’s funds flowed more toward consumer applications and on-chain protocols; now they are directed to the tooling layer. For the crypto market, this news does not change any on-chain fundamentals but will affect the narrative temperature of the AI sector. Traditional capital assigns high valuations to agent companies, and sentiment tends to drift toward concepts like $TAO, with FET often included as well. This linkage is at the sentiment level, not the capital level, making it suitable for observation but not as a standalone trading rationale.According to the position update on the day, a large holder still maintains short positions on BTC, ETH, and SOL perpetual contracts. All three positions have unrealized losses but have also recorded funding fee income. What truly deserves analysis is the difference in how funding fees cover the unrealized losses, not just the size of the positions. 📊 Comparison of the three short positions: BTC: 5X full position, holding -2613.29 BTC, position value 210 million U, opening price 76343.5 U. Unrealized P&L -12.0276 million U, funding fee income +3.2215 million U; margin 42.3071 million U, listed liquidation price 135048.7. ETH: 5X full position, holding -106,400 ETH, position value 250 million U, opening price 2322.74 U. Unrealized P&L -3.3476 million U, funding fee income +4.3541 million U; margin 50.1057 million U, listed liquidation price 3672.08. SOL: 7X full position, holding -719,900 SOL, position value 73.3974 million U, opening price 94.3199 U. Unrealized P&L -5.4998 million U, funding fee income +3.8534 million U; margin 10.4853 million U, listed liquidation price 293.69. 💡 My view. Comparing only the listed funding fees and unrealized losses, ETH’s funding fees have already exceeded the unrealized loss, while BTC and SOL have not yet covered theirs. But this does not mean ETH has closed the position with profit, nor can it be used to judge the total account profit. The key contradiction of this set of positions#CoinbaseQ3DeribitImpact Coinbase Q3 Deribit Impact — rev $1.5B -> $2.3B, +21% beat vs Est $1.9B. Deribit acquisition drives $180B options vol, institutional mix shift. COINx $348 -> $415 breakout, talk +268K, vol +385%. Options dominance. Long COINx 348 sl 325 tgt 415-430. $COINx $COIN $BTC $HOODx #CoinbaseQ3DeribitImpact #Deribit #Options #OKXNOW$PEPE is leading the altcoins today, currently trading around $0.000005, up more than 16% in 24 hours, while Bitcoin only rose 2.5%. Its market cap has returned to around $2 billion. The push comes from Justin Sun. According to Arkham's data, Sun's associated wallets now hold 2.82% of PEPE, second only to exchanges. On October 17 and 26, two withdrawals totaling 118.5 trillion tokens were made from Poloniex, worth $48.76 million at the time. The cost basis is roughly 0.0000041, so at the current price, the unrealized profit is around $10 million. Followers are joining in as well; open interest in contracts has risen 25% to $311 million in 10 days, trading volume has more than doubled, and Santiment's social sentiment is the highest since mid-April. My view: Don't just blindly follow Sun's bottom-fishing. First, Arkham itself says some addresses' ownership is uncertain, and Sun hasn't confirmed them; second, the coins first go to Binance, then to Poloniex and Huobi before landing in wallets—both exchanges are related to him, so it's unclear if these are his own purchases or exchange transfers; third, with such a large holding, if he moves tokens to exchanges one day, it will create immediate selling pressure. Technically, 0.00000508 has been a resistance line for months; only a volume-backed break above it counts as a breakout. If it fails, the support starting from 0.0000043 since the day before yesterday is the first line of defense. I posted an article about PEPE two days ago; I regret not buying 200 USD worth then. With 20x leverage, I could have earned over 600 USD by now. #10月FOMC利率决议即将公布 The “Liquidity Illusion” of the $BTC Ecosystem L2: Awakening Trillions in Funds or a Frenzy of Point Hunters? The Bitcoin ecosystem L2 has recently become a top narrative, boasting the banner of "awakening trillions of dormant BTC." But beneath the data surface, a large amount of funds are merely "point hunters" aiming to earn airdrops, rather than genuine usage demand. Comparing these three targets: $STX: The oldest BTC L2. Although it uses the PoX mechanism to have miners pay real BTC to stakers, its internal DeFi applications are extremely scarce. Once the early sBTC incentives stop, the retention of real external funds is worrying, and the token’s inflation model continues to dilute holders’ equity. $MERL: Former TVL leader. Its early massive locked value heavily relied on expectations of point airdrops. As the hype fades, on-chain activity has sharply declined, TVL quickly drained, and the token price halved accordingly. It lacks high-frequency on-chain lending and trading demand. $WBTC: The purest BTC-mapped asset. It requires no L2 narrative; its value directly depends on Bitcoin’s underlying consensus and real cross-chain demand. There is no TVL distorted by points, nor looming team unlocks crashing the market. Summary: TVL without real application scenarios is just a "flash game" ready to withdraw funds at any time. STX is "strong underlying mechanism, but empty upper ecosystem"; MERL is "point hype fading, funds running naked"; WBTC is "minimal mapping, relying purely on consensus." 🚨 The scariest thing about trading is not losing money, but constantly thinking about making back the lost money! If you lose 100U, you think the next trade must earn back 100U. If you lose 500U, you start increasing your position size, fantasizing about breaking even in one shot. The more you want to recover, the more distorted your operations become, and in the end, you lose even more. The market doesn't care how much you lost, nor will it let you profit on the next trade just because you lost a lot. The past losses have already happened; the most important thing is not how to immediately make it back, but to stay clear-headed and reassess the market. Cut losses when you should, stay out of the market when you should. Don't let the loss from the previous trade affect your judgment on the next one. Remember: as long as your principal is intact, opportunities remain. The worst thing is not losing money, but losing your rationality! $BTC The concept most easily misrepresented during a rebound is turning "close to confirmation" into "the bottom has been confirmed." My personal market observation is: the $BTC price recovery is worth watching, but I am unwilling to pay the cost of chasing gains prematurely for conditions that are not yet fulfilled. Perdu considers the daily close above $82,000 an important condition to increase confidence in the bottom being established, and this clearly contains speculative elements. The confidence here is the blogger's subjective judgment, not a statistical probability. Kraken's public quote is about $81,426, with a 24-hour high around $81,688; at least this set of public data cannot yet validate that condition. I am more concerned about whether it can hold after the close, rather than just nearly touching a level intraday. If the daily candle closes above the confirmation level and then retests without losing it, I will adjust my view of not following for now; if it rallies but then falls back and fails to rebound, I will continue to treat it as unconfirmed. If $81,000 is lost and cannot be reclaimed, I will first withdraw the short-term continuation expectation and will not relax exit conditions to maintain my original view. My overall judgment is that missing the first phase is easier to manage than mistaking speculation for confirmation. I will keep room for observation and avoid recommending projects without verified catalysts. Will you wait for the daily close first, or add a retest confirmation? This is only a personal observation and does not constitute investment advice.Institutional staking accounts for 35.3%. I just put my baby to sleep and saw this; I'm more concerned about who the money belongs to rather than how many validators there are. 🍼 I think a decrease in validators can't be directly equated to increased centralization, and raising the balance cap will also facilitate the merge; what really needs attention is the proportion of funds held by large holders. With my small amount of funds, I would first reserve enough for household expenses and not use institutional entry as a reason to chase the rally. Friends who are taking care of kids or working, do you find time to track staking concentration, or are you afraid of disrupting your life and only follow the big news?The number 80,000 is built up from options $BTC is currently around 81,000. 80,000 is not just an arbitrary line. The options open interest is densest at this price level. As the price approaches, market makers have to adjust their positions accordingly. They buy when it rises, sell when it falls, passively following along. How this number is calculated: Market makers have exposure that needs hedging. The closer to 80,000, the larger the hedging volume. So the price tends to oscillate around here. Looking further down: On Thursday, the tone was hawkish, and 80,000 was broken down. The hedging positions will increase along that direction. The next level is when real spot buying comes in. On the $ETH side, there are over 214 million long positions close to liquidation. If it breaks below 2,300, these positions will move first. Whether 80,000 holds or not depends not on sentiment but on which way these hedging positions lean. #BTC现货ETF资金反复，市场买盘能否企稳？ #$BTC $ETH 【Traditional asset management begins to include BTC in stock and bond portfolios】 Previously, buying $BTC meant bearing the volatility yourself; now traditional asset management is starting to include it in ready-made investment portfolios. VanEck's newly launched WBMO sets a target Bitcoin allocation at 2%, allowing adjustments between 1% and 5%, while combining stocks, bonds, and gold, with a management fee of 0.33%. Franklin Templeton is also advancing two products, FBEQ and FIBT, initially designed with about 95% allocated to US stocks and 5% to Bitcoin, using stock dividends to increase BTC exposure. However, so far, regulatory approval does not mean trading has officially started, so don't count product registration as new buying volume. What is truly noteworthy is that BTC is being integrated into the traditional asset allocation framework: investors can gain exposure through familiar securities products without directly opening exchange accounts. But the 2% allocation ratio indicates that asset managers are currently reserving a spot for BTC rather than committing their entire capital. To form substantial buying pressure, it will depend on product scale, actual holdings, and subsequent capital flows. #VanEck与富兰克林推出含BTC配置的新型ETF The market didn't wait for the Federal Reserve and first cleared out the shorts. As of the evening of October 28, BTC broke through $81,000 again, ETH returned to $2,366, and SOL stood above $103. In the past 24 hours, the three rose by 2.28%, 2.70%, and 3.40% respectively, with SOL continuing to lead the gains. In the past 24 hours, the total market liquidations were about $140 million, of which short liquidations accounted for $109 million, more than 77%. The most obvious feature of this round of rally is not a sudden surge in spot volume, but that shorts were squeezed out after the price kept rising. 🟠 BTC｜Current price about $81,431 Total liquidations about $34.81 million, of which short liquidations were $31.04 million. BTC has regained $80,000, shorts are the main fuel, but with the Federal Reserve decision approaching, there will still be fluctuations around $82,000. 🔵 ETH｜Current price about $2,367 Total liquidations about $43 million, the highest among the three, with short liquidations about $37.65 million. ETH's gains exceed BTC's, and the liquidation intensity is also the greatest, indicating that funds are spreading from BTC to more elastic assets. 🟣 SOL｜Current price about $103 Total liquidations about $3.53 million, but the price increase reached 3.40%. Low liquidation and leading gains indicate that SOL not only has a short squeeze but also active buying support. Horizontally: Price strength: SOL > ETH > BTC Liquidation scale: ETH > BTC > SOL Trend stability: BTC > ETH > SOL#SK海力士Q3 revenue surpasses 100 trillion KRW for the first time Concerns about AI cloud service providers' financing became a hot topic today, but GRASS and NEAR still outperformed BTC in the evening. The current market supports the view that "the market is differentiating AI-related assets," and synchronized sell-offs have not yet formed. According to CoinDesk's report today, Musk warned that financing is tightening for companies relying on AI data center revenue, causing some cloud service stocks to fall in pre-market trading. Meanwhile, in OKX spot data at 20:58, GRASS and NEAR rose about 4.7% and 2.2% respectively in the past 24 hours, while BTC slightly declined. These two tokens still show relative strength. Directly attributing the financing pressure on cloud service providers to a broad weakness in AI tokens does not align with tonight's market; the performance of these two tokens is also insufficient to represent the entire sector. Bitmine is still increasing its holdings of ETH, but in the latest week, it allocated more funds to its own stock buyback. For ETH, this announcement supports the idea that major buyers continue to hold on, but with a slowdown in intensity, rather than an acceleration in buying. The company disclosed on October 26 that it added 10,452 ETH last week, fewer than the previous week; at the same time, it resumed stock buybacks, investing about $45.9 million based on the disclosed number of shares and average price. This buyback fund did not directly enter the ETH spot market. Therefore, the headline "continuing to buy coins" masks the change in the use of funds. Bitmine's support for ETH remains, but the company is now also taking care of its own stock price and cannot treat all its capital investments as buying power in the crypto market. For the next weekly report to show increased holding, the number of new ETH added needs to rebound, not just the total holdings continuing to reach new highs.#SK海力士Q3营收首破100万亿韩元 SK Hynix's Q3 revenue surpasses 100 trillion KRW for the first time. Hynix's earnings report today was quite good, marking a positive start for the week. However, we shouldn't be overly optimistic tonight. In the second half of the US market session, Fed policy will take over the macro market. How hawkish the pause is will determine the closing situation of the US market at midnight. My personal expectation is that the hawkish pause is basically priced in by the market. As long as there is no excessive emphasis on inflation concerns and Walsh no longer stresses that current liquidity is insufficiently tight, it should be fine.Today's disclosed position information of Maji Big Brother states that his perpetual contract portfolio has shifted from a long-short hedge to short positions in BTC, ETH, and SOL, causing the paper losses to expand as the market rises. However, the funding fee buffering capacity of the three positions differs significantly, so it cannot be simply understood as "collecting funding fees can withstand losses." 📊 Position details per trade: BTC: 5X full position, holding -2613.29 BTC, position value 210 million U, opening price 76343.5 U; unrealized P&L -12.0355 million U, funding fee income +3.2215 million U. Margin 42.3086 million U, disclosed liquidation price 135031.37. ETH: 5X full position, holding -106,400 ETH, position value 250 million U, opening price 2322.74 U; unrealized P&L -3.3688 million U, funding fee income +4.3541 million U. Margin 50.11 million U, disclosed liquidation price 3671.79. SOL: 7X full position, holding -719,900 SOL, position value 73.4118 million U, opening price 94.3199 U; unrealized P&L -5.5142 million U, funding fee income +3.8534 million U. Margin 10.4874 million U, disclosed liquidation price 293.64. 💡 My view. The most notable point is not that all three are losing, but that the loss structures differ: BTC has the largest paper loss amount, and funding fees are still insufficient to cover it; ETH's funding fee income exceeds the unrealized loss on that position, but this does not mean the entire account... 🌙 BTC is waiting for the Fed, ENA benefits from high interest rates, ASTER is idle, HYPE awaits dividend distribution $BTC 81,480, 500 million BTC moved into Coinbase Prime overnight 📊 Three giant whales transferred 6,168 BTC into Coinbase Prime overnight, institutions are rearranging positions. The Fed will hold a press conference early tomorrow; they just raised rates in September, so it's unlikely to change this time, but large custody inflows warrant watching subsequent moves. $ENA 0.222, high interest rates actually benefit yield-bearing coins 🌾 USDe collateralized short-term US Treasury yields; if the Fed leans hawkish, high rates will persist longer, making yield-bearing stablecoins more attractive. This logic is opposite to rate cut expectations, so don't chase simply. $ASTER 0.706, multi-chain contract DEX still idle 🛰️ Perpetual contracts are deployed on several chains, but trading volume is only a few hundred thousand USD. Funds are waiting for the FOMC outcome; new chains without catalysts are ignored. $HYPE 77.9, protocol fees await quarterly dividends 📊 Holding HYPE earns on-chain fee shares; quarterly dividends are progressing. 77.9 bounced slightly from lows, but contract positions didn't follow, indicating dividend expectations rather than new capital inflows. This article is for market analysis only and does not constitute investment advice. #10月FOMC利率决议即将公布 $PONS PONS used to hold up solely because of the profit buyback mechanism propping it from below. Now, a quick scan on the chain shows daily revenue plummeting from two million dollars to just tens of thousands, and even the buyback engine has stopped. This means the buy orders that originally provided the floor have almost been completely drained. Without platform profits actively supporting the price, this recent low-volume rebound is purely for show. Until platform revenue consistently recovers, this asset is a bottomless pit—don't buy a single share. #PONS $PONS 👇$ETH ETH current price 2370, on October 28, following BTC's rebound and strengthening, short-term reached resistance zone, first resistance above at 2395, strong resistance at 2430, rebound volume is average, still no independent trend, intraday support at 2340, strong support at 2310, belongs to a follow-up recovery after overselling, to open upward space requires volume to stabilize above 2395, if blocked and falls back, it is easy to retest support, not suitable to chase highs during rebound phase, priority is to see if BTC 82000 level can hold. Risk warning: The above is only a market review analysis and does not constitute any investment advice.October FOMC interest rate decision is about to be announced The FOMC lands tonight, and what BTC fears most may not be the Fed saying no rate cut. The market is not worried about maintaining the rate tonight, but that the Fed will frame the pause in rate hikes as high rates needing to be maintained longer, the rate decision itself. The market has most likely already priced in expectations; what can truly cause risk assets to reprice is whether the statement and press conference release more hawkish signals. $BTC BTC $ETH ETH $ZEC #10月FOMC利率决议即将公布 At 2 AM tonight, Powell's statement is more important than the decision itself BTC 81535 (+2.19%), ETH 2362 (+2.2%). The main reason for today's rise is forced liquidation of short positions; the bulls themselves are not strong: $152 million liquidated across the network in 24 hours, with shorts accounting for 68.3%, and in the last 12 hours shorts accounted for 84.8%, with 61,400 people forcibly liquidated. US October consumer confidence at 91.7 far exceeded expectations, Nasdaq rose 1.18%, so this is a sentiment-repair rebound, not a trend reversal. The interest rate decision will be announced at 2:00 AM Beijing time on the 29th, with Powell holding a press conference at 2:30 AM. The probability of maintaining the rate is 93%, with only 7% chance of a hike; the suspense lies entirely in the wording at 2:30. Scenario judgment: Hawkish pause 55%, initial spike then pullback, BTC oscillates between 79500-80500; Neutral to dovish 25%, surges to 82500, breaks with volume to test 84036 short liquidation zone; Unexpectedly hawkish 12%, breaks 79000 to 78500, further break leads to 76566 long waterfall; Implies end of rate hikes 8%, challenges 84000-85000, but 87000 above is a hard ceiling. Key levels: BTC resistance at 81800-82000, support at 79500, 78500, 76566; ETH resistance at 2400-2450, support at 2300, 2281, 2181 is a giant whale liquidation price, breaking below will trigger a chain reaction. $BTC $ETH 19:00, the last full daylight before the decision. BTC is still hovering above 80,000, but the longer it hovers, the more it looks like it's building up a spike for the early morning. BTC current price is around 80,900, with 80,000 being the psychological line repeatedly tested today. The real support zone is between 79,500 and 78,500. In the past 24 hours, the entire network liquidated $815 million, with over 200,000 people wiped out. More than 94% of Bitcoin liquidation positions were longs. Shorts were bloodied during the rebound, but longs had already been liquidated during the decline — both sides have suffered heavy losses, liquidity is so thin it’s transparent.‌ ETH is around 2,355, with 2,282 being the previous low on October 24 and also the thickest gate on the liquidation map. If broken, the next level to watch is 2,200. My forced liquidation line at 2,281 is just below this gate. SOL is at 101.87, with 100 dollars being its last face today. The ETF saw a single-day outflow of $19.16 million, the worst day since December last year. If 100 breaks, 98.6 is not the end; 93–96 is waiting below.‌‌ Tonight’s key is not direction, but timing. The Federal Reserve decision is at 2 AM Beijing time tomorrow, with a 90% probability of maintaining the current interest rate. The real knife is at 2:30 AM with Powell’s speech. The phrase "hawkish pause" is enough for the market to sweep up and down twice in the thin liquidity of early morning. My forced liquidation line is less than 3% from the current price; one spike is enough.‌ #SK海力士Q3营收首破100万亿韩元 9 days, 13 liquidations, $1.14 million. This is a short position that was just publicly liquidated by the market. The on-chain record is very clear: a new address was created 9 days ago, deposited 1.25 million USDC, and then started shorting $ETH. In the following days, it was repeatedly liquidated — a total of 18,080 ETH positions were liquidated, valued at $43.9 million at the time, resulting in a final loss of $1.14 million. With 1.25 million principal, losing 1.14 million is almost wiping out the entire principal. The most important takeaway from this case is not that the direction was wrong, but that the same action was repeated at the same position. 13 liquidations indicate that after each liquidation, the trader kept adding to the short position and got liquidated again. Direction right or wrong is one thing; position management is another. In a volatile market, short sellers often lose not to the trend but to interim rebounds and funding rates. This is also where the difference between futures and spot lies. If your spot position is stuck, you can close the app and sleep, waiting for the next cycle. If your futures position is stuck, your position is gone before the price reaches your target. Liquidation doesn’t negotiate or give you time. Leverage amplifies gains but also removes the margin for error. So when you see numbers like this, the lesson is not "don’t short," but rather don’t use positions that can knock you out of the game to make decisions. You can be wrong on direction many times, but you can only lose your principal once. Surviving longer is more important than guessing right.Originally, the market expected some easing in the Middle East situation, but the just-released breaking news directly shattered that expectation. Iran clearly stated that Qatar's mediation plan is unacceptable and that it will not compromise on the nuclear issue. This indicates that the geopolitical struggle remains intense. What does this mean for the crypto space? The logic is simple: escalating geopolitical risks will drive up crude oil prices and global inflation expectations. At the critical moment when the Federal Reserve is about to announce its decision, if inflation cannot be contained, expectations for rate cuts will be suppressed, and global risk appetite will contract. Back to the market, although BTC once surged to around 81,800 today, under such sudden macroeconomic negative news, short-term bulls face a test. Meanwhile, ETH's rebound momentum may be hindered, the tug-of-war for SOL at the 100 mark will intensify, and ZEC's high volatility shakeout will also increase. Objective statement: macro uncertainties are rising again. Tonight not only features the Federal Reserve decision but also requires digesting sudden geopolitical news. Market volatility is extremely high; it is recommended to watch more and trade less, responding rationally. $BTC #10月FOMC利率决议即将公布 $ENA vs $ASTER Both are trading green, but shorts aren't having a good time on either. ENA looks more interesting to me. Shorts are heavily positioned against the move, and the price is still holding up. If buyers keep pushing, there's room for another squeeze. ASTER has a similar setup, but the recent buying pressure looks weaker. Shorts are underwater, yet buyers haven't really taken control either I'm leaning bullish on ENA for now. ASTER needs to show more strength before I'd consider #Strategy财报前瞻：BTC账面收益大幅反弹 The boss has something to say Strategy will release its Q3 earnings report after the market closes on October 29. Preliminary data shows that Q3 digital asset fair value gains are expected to reach $20.9 billion, holding about 848,000 BTC. I believe the key to this earnings report is not the paper profit, but the upcoming capital allocation strategy. It recently repurchased about $176 million in STRC preferred shares. My judgment is that the largest treasury companies have shifted from "mindless financing to buy coins" to "maintaining credit and stabilizing capital structure." In a high-interest-rate environment, this shift is very realistic. When the earnings report comes out, the focus will be on whether management continues to defend or borrows again to increase positions. On the market, there is some expectation today, with MSTR up 1.85% and xMSTR up 1.89%. But don't forget a looming negative factor: the new MSCI regulations may exclude it, triggering passive sell-offs and impacting financing ability. Until this uncertainty is resolved, MSTR's valuation premium is hard to fully open. For crypto, Strategy's stance is a key variable directly related to structural buying in BTC. BTC took a waterfall drop last night and now we see if the 80,000 level can hold. If it doesn't hold, expect a deeper pullback, with resistance above at 84,000 to 85,000. Don't chase the rally or sell in panic; just set your orders with proper stop losses. The above analysis is time-sensitive; orders must have stop losses set. Good luck. $BTC $ETH $ZEC $1.75 BTW, do you dare to chase it? Today is the Federal Reserve decision day, BTW violently surged from 1.2 to 1.75, up 26% in 24 hours. Yesterday the group was still shouting zero, today everyone is slapping their thighs—Is this the start of the main upward wave, or the last leg? First, look at the surface: up 26%, but don’t rush to get excited. BTW crashed from its ATH of 2.75-2.77 down to 1.20-1.30, a drop of nearly 60%, now it’s rebounding to 1.75. This is called an oversold rebound, not a trend reversal. Rebound and reversal differ by one word, but the difference is the money in your account. First thing: low circulation + high FDV, it rockets up and drops like an elevator. BTW has a total supply of 10 billion tokens, with only about 15%-22% circulating, and an FDV around $17 billion. The price you see now is set by only about 20% of the tokens. The remaining 80% are either locked or waiting to be unlocked, with unlocking expected around November. Coins with low circulation and high FDV do one thing best: When they rise, they make you believe in your faith; when they fall, they make you question life. Second thing: fundamentals have a story, but price is running faster than TVL. Bitway talks about BTCFi/DeTraFi: Non-custodial BTC lending, Bitway Earn stablecoin yields, BTC-compatible L1, backed by YZi Labs and others. TVL historically in the tens of millions of dollars, narrative tied to Bitcoin finance, no problem there. But the price has already risen several times or even tens of times, while TVL and real adoption lag behind. This doesn’t mean the project is bad, it means: The story can be big, but value capture is slow. You could have gambled on the narrative at 1.2, but chasing at 1.75 means you’re betting on sentiment and capital relay. Third thing: today’s Fed decision, BTW is high beta, not a safe haven. Today, October 28, is the Fed rate decision window. The market expects rates to remain unchanged, focus is on the statement and tone. BTC is oscillating near $80,000, overall sentiment is neutral to cautious. High volatility altcoins like BTW are extremely sensitive to risk appetite: Dovish/neutral → rebound may continue Hawkish surprise → profit-taking crushes price Don’t use spot faith to hold perpetual leverage. Long-short showdown, you decide: Bull logic: Strong rebound from 1.2 low, volume expanding Binance events + OKX perpetuals, liquidity and attention rising BTCFi narrative has institutional backing, long-term story alive Holding above 1.80 with volume, short-term momentum strong Bear logic: Total supply 10 billion, circulation only 15%-22%, FDV about 17 billion Unlock expected near November, supply pressure looming Early gains huge, profit-taking can come anytime If Fed is hawkish today, high beta takes the hit first RSI easily overbought, 1.85-1.90 is short-term resistance Key levels: Resistance above: 1.85-1.90 → 2.00-2.05 (psychological + structural) → 2.40-2.50 → ATH 2.75 Support below: 1.60-1.65 (rebound continuation) → 1.40-1.50 (strong demand zone) → 1.20-1.30 (previous low) 1.75 is not cheap, it’s an emotional price. 2.00 is not a target, it’s a litmus test. Holding above 2.00 means funds are willing to absorb selling pressure; failing that, 1.60 will be tested. Trading strategy Core idea: be cautious chasing the rally, prioritize waiting for breakout confirmation or pullback to buy low. Leverage ≤ 5-8x, single trade risk controlled within 1% of total capital. Aggressive short-term: Long: hold above 1.80 with volume, light position chasing longs, stop loss below 1.70, target 1.95-2.05 with partial take profits. Short/hedge: rebound to 1.90-2.00 resistance and fall back, light position shorting, stop loss above 2.05, target 1.65-1.70. Conservative approach: Buy low in batches after pullback to 1.55-1.65 confirming support, stop loss below 1.45, target 2.00+. Add positions after daily volume supports holding 2.00 and reclaiming structure, then target 2.40-2.50. If it breaks below 1.50, watch or reduce positions, next support at 1.20-1.30. BTW is not the "BTCFi leader" now; it’s a high FDV, low circulation, event-driven gambling table. You can join, but don’t bet your whole fortune on "it won’t fall again." In low circulation coins, candlesticks are drawn for those chasing highs; the unlocking schedule is for the smart money. $BTC $ETH $BTW #SKHynixQ3RevenueKRW100T > SK Hynix Q3 Revenue KRW 100T - Strong operating profit beat but net income missed expectations. AI chip demand still driving growth. > > My prediction: YES, SKHY will close above $137.02 today. > > Sharing my position below for validation. > > #EarningSeason #SKHynixQ3RevenueKRW100TMajor turning point signal in the Middle East situation? Iran signals willingness to end the war! 1️⃣ Attitude shift: Iran's Supreme Leader stated that the war should end and the stalemate of neither war nor peace should be broken by implementing the conditions proposed by Iranian officials to safeguard the rights of the Iranian people and the resistance front. 2️⃣ Strategic trump card: Mentioned managing the Strait of Hormuz to maintain security while promoting the establishment of a regionally led regional arrangement and order. 3️⃣ Internal stability: Emphasized actively releasing information to maintain public participation in defending the country and believes the enemy's difficulties are the result of Iran's persistent resistance. 4️⃣ Market shock: Following this news, oil prices plunged, gold prices rebounded, and U.S. Treasury yields declined. From the previous hardline stance to now proactively proposing to end the war, the Middle East situation seems to be entering a cooling dawn. If there is truly an end to this war of attrition with neither war nor peace, it will directly impact the pricing logic of global commodities and safe-haven assets (gold, oil). However, how the conditions will be implemented and how Israel and the U.S. will respond remain unknown. For traders, the oil crash and gold rebound triggered by this news may mark a short-term emotional watershed. $CL $XAU $BZ #SK海力士Q3营收首破100万亿韩元 刚刚那一下拉升，我盯着盘口愣了两秒，热闹是真的热闹，但总觉得哪里不对劲。 你有没有发现，越涨越借、越借越涨，这种结构其实很脆？ 这两天看借贷数据，BTC 多头借入 1346.95 枚、空头只有 76.29 枚，ETH 多头 1.62 万枚对空头 878 枚，SOL 更是 10.5 万枚对 4012 枚。数字摆在一起，买方杠杆几乎把对手盘压成了背景板。盘面上涨的时候确实很爽，买盘一波接一波，看起来承接力十足。 但我更在意的是另一面：这波行情里，多头不是用现货在推，而是用借来的钱在追。换句话说，价格往上走的每一步，背后都挂着一笔迟早要还的仓位。这种结构在上涨时是加速器，一旦节奏断了，同一批仓位会变成集中平仓的燃料，插针和快速回撤往往就是这么来的。 放到更大的框架里看，市场现在交易的其实不是"基本面变好"，而是"杠杆还能撑多久"。BTC 和 ETH 的强势会吸引更多跟风盘进场，山寨跟着喝汤，风险偏好被短暂抬高；可一旦 BTC 出现一根像样的阴线，ETH 和 SOL 这种多头更拥挤的品种，回撤幅度大概率会被放大。看多路径当然存在——只要价格持续新高，逼空和追涨能自我强化；但没被看见的风险是，大Brothers! Kanye's linked whale address continues to increase long positions on ETH💪 7 hours ago, 4000 ETH were withdrawn from the exchange, about 9.39 million USD, directly deposited into Aave as collateral, then borrowed 6 million USDT to keep increasing the long position! Currently, a total of 22,504.52 ETH is collateralized, with 31.02 million USD borrowed, position health at 1.41, and an average long cost of $2503.86. Here's the key point: since September 29, accumulating positions, a total of 16,549.9 ETH have been withdrawn, currently still at an unrealized loss of 2.477 million USD! This address: 0xdeA611a2f605FE63962E0151e724E9ce4C8a1d5c Clearly already at a loss, yet still daring to pour more in, this bullish determination is really strong! But with a health factor of 1.41, caution is needed; if ETH keeps dropping, the collateral position risk will rise.#Meta融资增至975亿美元，英伟达认购30亿 最新的大动作，Meta直接把AI融资的总盘子拉到了惊人的975亿美元！首期规模就加码到了375亿。最魔幻的操作来了：卖芯片的英伟达直接认购了30亿美元，AMD和博通也急着想分一杯羹。这笔巨款全要砸进AI数据中心和算力建设里，Meta全年的资本开支指引直接飙到了最高1450亿美元。不过你看盘面，代币化股票里，英伟达微涨，AMD涨了1.6%，但大金主Meta自己反而微跌了。 小马哥的个人看法： 这叫什么？这叫“我借钱给你，你拿这钱来买我的铲子”。英伟达这帮芯片巨头太精了，通过资本绑定，把Meta这种超级大客户死死拴在自己的战车上，保证自己的卡永远不愁卖。但这套“循环投资”的玩法，华尔街能看不懂吗？盘面上Meta微跌，说明资金依然充满担忧：你这样无底洞一样地烧钱建算力，万一以后AI商业化变现跟不上，这巨大的资本开支反噬起来，那可是要命的。 有啥影响？ 短期来看，情绪上是把双刃剑。一方面，说明AI算力需求依然爆炸；但另一方面，大资金全被这些传统巨头吸走去搞基建了，币圈场内本来就缺钱，这下更是雪上加霜。大家千万注意，别因为英伟达$SOL There's something quite unusual that needs to be talked about: On Tuesday, the ETF saw a net outflow of $19.16 million, the worst day since last December, yet the coin price still held above 100 and even rose by over three points in 24 hours. Money is flowing out, but the price is holding up—who's absorbing this? Definitely not retail investors; right now, retail investors are asking in groups, "Can we chase?" This divergence means either someone is stubbornly holding the spot position, or shorts are afraid to add positions at this level. Remember the 250 million USDC minting I mentioned this morning? The money came in, but it went out through the ETF channel—one in, one out; the excitement belongs to others. At a price just above one hundred, anyone rushing in now is basically taking on someone else's ledger. At this level, I'm just watching the show. $SOL The US Office of the Comptroller of the Currency (OCC) recently sent an invitation to community banks nationwide, encouraging them to apply for issuing payment stablecoins. It states: Starting from January 2027, issuance requires approval, and community banks' own deposits can directly count as qualified reserves for issuing stablecoins. However, the Independent Community Bankers of America (ICBA) has directly sued the OCC, protesting unfair regulation. Their concern is that once stablecoins become popular, they might draw deposits away from community banks, reducing lending capacity by nearly $850 billion and depleting the foundation for loans. Meanwhile, Canada's recently announced stablecoin draft positions credit unions as reserve custodians, not allowing them to issue coins directly. It also explicitly prohibits issuers from paying interest to holders. There is a big difference between the two: the US is inviting banks to participate, while Canada is preventing deposit outflows. Although regulators have opened the door, the banking system internally understands that once stablecoins become a black hole for deposits, the foundation of traditional finance will be shaken. #美加稳定币监管推进，社区银行获邀入场 BTC is still fluctuating repeatedly near $80,000, while BCH has risen more than 3%, and LTC and XLM continue to weaken. Although all are established coins, capital reception has clearly diverged. $BCH is currently around $287, up about 4.1% in the past 7 days. $280–283 is the first support, with resistance at $290–292 above. Only by firmly holding above $292 can it challenge $300; falling below $278 requires caution for a rebound followed by renewed weakness. BCH has recently been significantly stronger than the other two. $LTC is currently around $56.4, down about 5% in the past 7 days. $55.5–56 is the initial support, with major resistance at $58–59 above. Only by firmly holding above $60 can the structure improve; falling below $55 may lead to further lows. $XLM is currently around $0.168, down about 5.6% in the past 7 days. $0.165–0.166 is the first support, with resistance at $0.172–0.175 above. Breaking through $0.175 can expand recovery; losing $0.164 requires caution for continued decline. BCH has already started to compete for a higher position, while LTC and XLM are still searching for short-term bottoms.
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