HEMI's timing at 8pm was very accurate. Xiao Miao's circle reminded: Now that the spot market is online, it is inevitable to crash the market. Either pull it up first and then crash it, or crash it directly. Anyway, the dog dealer is looking for buyers.
Market sentiment has been like a roller coaster lately!
BTC : Today, it went through another standard V-shaped trend, falling from 11.3w to 11.1w in the morning, and then rebounding to 11.3w in the afternoon. It looks like a collapse, but in fact the overall drop is only $300, but the scale of the liquidation has set a single-day record since 519 in 2021 - $1.7 billion was liquidated in 24 hours!
This is the method used by the dog dealers: the macro environment is fine, the U.S. stock market is still setting new highs, but the BTC rises and falls rapidly, which is obviously an active harvest of profits.
At present, the market has temporarily stopped falling and is moving sideways, with little rebound strength. The market makers will not be so kind as to let you easily touch the low position. It is very likely that this position is just a downward relay. The large amount of liquidation does not necessarily mean that it is a stage bottom. For now, it is better to watch more and do less. If you easily touch the low position, it is very likely that this position is just a downward relay. The large amount of liquidation does not necessarily mean that it is a stage bottom. For now, it is better to watch more and do less.
Altcoin: Today they are all repairing their K-lines. # AVAX directly pulled back and the trend is quite strong. # DOGE Yesterday, I also arranged to take over at a low level and continue to hold; while $wlfi directly fell below 0.21 and was directly damaged, so I will mainly wait and see in the near future.
In October , the OK Chain ecosystem will see many positive developments. #OKB is a long-term holding option, and it can be accessed at 160-130, with a promising future. #PYTH As the oracle of the SOL ecosystem, although its current usage is far less than LINK, its cost-effectiveness is higher than LINK. It saw a huge increase at the end of August and has fallen back to around 0.13. You can consider entering the market!
This wave of activity is also related to the $ Aster -driven perp DEX craze. Many people were all-in while All In their trading volume, unwilling to cut their losses, and ultimately got ripped off. Don't forget the plight of those "King Kong" investors in Heyue a few months ago. Even Machi Big Brother cut his losses last night and admitted a 20 million yuan loss.
My point is very simple: this round is the perp DEX market. You are not supposed to be a Heyuexia, but to increase the volume to accumulate points and bet on airdrops. Don't be led astray.
On the funding front, both BTC and Ethereum ETFs saw outflows last night , totaling 360 million and 79 million, respectively. Even more embarrassingly, while US stocks are hitting record highs, crypto assets are generally falling, with investors clearly shifting their attention to AI—particularly with the news of Nvidia's $100 billion investment in OpenAI, which completely stole the spotlight. A bright spot was BMNR's massive purchase of 260,000 ETH last night, a much larger increase than last week. However, other institutions haven't followed suit, leaving the Ethereum treasury to continue its solitary operation. Compared to BTC, which has MSTR and Metaplanet, Sol is in even worse shape. Major institutional investors have almost ceased buying, with only Helius buying a small amount, which is why Sol has seen the most significant decline recently.
Communication + V: Mixm5688 or Penguin Account (QQ): 3806326575
On the macro level, expectations for an October rate cut on the CME are currently at 90%. If this drops to 70%, the market will be hit again. There's also PCE data this week, so be prepared.
Today's altcoin market hotspot: $ aster has reached 1.7 again. This play reminds me of BNB in 2017. Right now, the entire perp market is dominated by one superpower and many strong players. Light and Edgex both have open interest exceeding 1 billion. They haven't airdropped yet, but they're definitely on the table and can't be ignored.
Last night's new # 0g Even more exaggerated, it directly jumped to $7 at the opening, with an FDV of 7 billion, which is 10 times higher than $ cfx . The Korean aunties are really daring!
Additionally, US concept coins have also taken off , with $ Avax , $Near, $Cro, and $ Hbar all making the list. These ETFs/treasury-based stocks with a decline of less than 5x are among the most promising in this round. The AI sector has also been active, with $ Fet and $Tao making the list, and leading projects remain the focus of capital.
Summarize:
The BTC is still experiencing a period of volatile trading, and while the macro environment is bearish in the short term, market funds are already quietly shifting positions. Don't be intimidated by rapid ups and downs; the bull market is all about rotation. Seize the leading stocks and the market, and you won't be fuel for others.
That’s all for now! If you’re still unsure about your direction in the crypto, why not join me in making a plan? I’ll wait for you to come. Otherwise, in the next wave of the market, you may be the one standing on the other side again. Communicate + V: Mixm5688 or Penguin ID (QQ): 3806326575
