南北Eth

As a long-time observer of the cryptocurrency industry, I recently felt a bit emotional seeing these operations regarding platform competition.

First, let's talk about those KOL commercial deals. The stance is so obvious that anyone with a discerning eye can see what's going on. If I were to receive such an offer, I certainly wouldn't accept it; it looks too unseemly. But there are people in the industry willing to make this money, so I can only say everyone has their own choices. I just feel that if this continues, the trust in the industry will be eroded.

Now, let's talk about those sockpuppets. Every day they specifically go to the comments section to stir up trouble and attack others; this operation is too "sly." Think about those KOLs being attacked; anyone would feel uneasy, and over time, who would dare to speak objectively? Moreover, ordinary users seeing a bunch of such comments can easily be misled. The characteristics of these accounts are so obvious that with a little attention, one can see they are operating in bulk. It seems they've really put a lot of "thought" into this kind of competition.

Ultimately, as the cryptocurrency industry has developed to this point, users want safe, stable, and transparent platforms. Engaging in these underhanded competitive tactics may have some short-term effects, but in the long run, it will only narrow their own paths. I really hope platforms can focus their energy on improving their services and compliance, and stop engaging in these internal conflicts; otherwise, the entire industry's ecosystem will ultimately suffer.

Yesterday's trading idea
The price of ASTER 1.7237-2.1669 is continually narrowing in this range, similar to a converging triangle.
Why did the host choose to short at 2.1000?
When the price rose to 2.1442, a reversal signal appeared, and we decisively seized the opportunity to enter short at 2.1000! Although the process fluctuated in between, remember that when your thinking is correct, you should consider whether you strictly executed the process in between. For example, was the stop-loss strictly followed according to the rules? Many brothers set their stop-losses very low for a bit of profit, which means that a subsequent upward spike will inevitably trigger your stop-loss. Finally, we perfectly closed the position at a price of 1.9829!#

During the live session, it was mentioned that if the brothers want to continue to short, they can reduce their positions and manage their trailing stop-loss well. Just got up and checked the market, the current lowest point is around 1.76, (the stop-loss can be moved to 1.9442)
Brothers who caught this wave can reply to the host in the comments.

Brothers, pay attention! The recently released US September CPI data is quite interesting! The unadjusted annual rate is 2.8%, which is not only lower than last month's 3.0%, but also slightly below the forecast of 2.9%; the monthly rate of 0.3% meets expectations. Additionally, new home prices in Canada have dropped by 0.2%, and various signs indicate that inflation is slowing down.
What does this have to do with our crypto space?
It’s important to know that inflation data directly impacts the Federal Reserve's policy direction. If inflation remains high, the Federal Reserve may continue to raise interest rates, tightening market liquidity, which often puts pressure on Bitcoin; however, if inflation is moderate, expectations for interest rate hikes may weaken, easing the funding environment, and the crypto market may have a chance to rebound. This time, the data is relatively mild, giving the market some breathing room.
Currently, the market is showing several positive signs:
Data is better than expected: The CPI results bring emotional recovery and enhance the willingness of funds to enter the market.
Value positioning is prominent: In the context of global uncertainty, Bitcoin’s asset attributes continue to attract attention.
Policy expectations are improving: If economic data weakens subsequently, the Federal Reserve's policy may shift earlier, injecting liquidity into the market.
How should we navigate this?
Avoid blindly chasing highs, and pay attention to pullback opportunities in mainstream assets like Bitcoin and Ethereum, gradually positioning. Meanwhile, keep an eye on the Nasdaq's movements, as tech stocks and the crypto space still have a strong correlation; maintain a steady mindset to cope with short-term fluctuations.
In summary: Inflation pressure is easing, short-term sentiment in the crypto space is warming, but the overall trend still depends on the Federal Reserve's subsequent actions. Stay calm and patiently wait for the right opportunity!

Powell's decisive statement clarifies the direction of the crypto market! How should we seize the opportunity?
Last night's wait was worth it. Powell's speech pointed the market in the right direction, and the window of opportunity is opening.
Core message summary:

Interest rate cuts imminent: The Federal Reserve is likely to cut rates by 25 basis points this month. More funds will flow into the market, some of which will likely seek higher returns in the crypto space.
Improved liquidity: The balance sheet reduction is nearing its end. This means a turning point for the tightening liquidity policy that has lasted for months. Historical data shows that after the end of balance sheet reduction, the crypto market often performs positively.

Risks are manageable: Current inflation is mainly driven by tariff policies, not widespread inflation. The job market remains stable, and the likelihood of a significant tightening of monetary policy is low.
What does this mean for the crypto market?
The improvement in liquidity will inject new vitality into the market. As traditional financial market yields decline, high-yield assets like cryptocurrencies will become more attractive. Mainstream coins and quality small coins may see a rotation of funds.

It is important to note that the Federal Reserve will still adjust policies based on economic data, and the market may experience fluctuations in the short term. However, this precisely provides a good opportunity for prepared investors.
Finally, a shared observation: In the crypto market, the true winners are often those investors who can hold firm, rather than frequent traders. Many miss out on the largest gains while chasing highs and cutting losses, while those who patiently hold mainstream assets ultimately reap substantial rewards.
The key is: Recognize the trend, maintain patience, and steadily position oneself.

Tonight, the cryptocurrency market is welcoming a crucial battle! Powell is about to deliver a speech, and every move he makes is stirring the nerves of the market, seemingly becoming the 'market judge'. The rhythm of interest rate cuts and the direction of monetary policy may be set by this!
Just tonight (October 15th at 00:20), global cryptocurrency investors' attention will be focused on Federal Reserve Chairman Powell. His statements may not only determine the upcoming interest rate cut path but will also directly impact the emotional direction of the crypto market—whether it continues to explore the bottom or stabilizes and rebounds might be hidden in his every word.
Recently, the cryptocurrency market has been experiencing constant turmoil. The selling wave last Friday was superficially triggered by tariff news, but it actually exposed deeper 'structural risks': excessive leverage and overly concentrated long positions have long been lurking. Now, market sentiment is as tense as a string, and Powell's statements could very well become the key spark to ignite the market.
Currently, the market generally expects that the Federal Reserve will cut rates by 25 basis points in October and December, with the futures market giving probabilities of 97% and 89% respectively. However, if Powell releases new signals about the timing, magnitude, inflation trends, economic growth, or tariff impacts regarding interest rate cuts during his speech, market sentiment may quickly shift—whether it warms up and rises or continues to dive, anything is possible.
As the link between cryptocurrencies and macro policies becomes increasingly tight, the nuances of Powell's tone could very well send the market on a 'roller coaster'.
Therefore, whether you are holding assets or temporarily on the sidelines, please closely watch every statement made by Powell tonight—this speech's impact might far exceed expectations.

Yesterday before dinner, I opened the warehouse, and after dinner, I saw a sharp rise.

The crypto market's "1011" black night: Bitcoin plummets over 17% in a single day, with 1.62 million traders liquidated
The digital currency market experienced a brutal liquidation worth nearly $20 billion, teaching all traders a lesson about risk and respect for the market.
On October 11, the cryptocurrency market faced an epic crash, with Bitcoin briefly falling below the $110,000 mark, hitting a low of $101,516, with a maximum daily decline exceeding 17%.
This crash triggered a chain reaction of liquidations, with over 1.62 million traders across the network experiencing liquidations within 24 hours, totaling a liquidation amount of up to $19.1 billion.
Bitcoin dropped at an average rate of nearly 1% per minute in just 30 minutes, with the most extreme drop exceeding 4% in one minute, falling nearly $5,000.
This pace of decline completely broke through any technical support levels, showcasing extreme panic in the market.
Not only did Bitcoin suffer a heavy setback, the entire cryptocurrency market displayed a scene of deep crimson devastation.
Ethereum briefly fell to $3,400, with a maximum 24-hour decline of 22%.
Other mainstream altcoins faced even more severe declines:
· Dogecoin (DOGE) fell over 27%;
· SOL fell over 20%;
· XRP dropped 19%;
· Cardano (ADA) fell 25%.
Some small-cap cryptocurrencies even experienced declines of up to 95%, nearing zero.
Trump's restart of the trade war was the direct trigger for this global asset crash.
On October 10 local time, Trump announced that the U.S. would impose a 100% tariff on China starting November 1.
This extreme protectionist trade policy sparked collective panic among global risk assets.

In this mass slaughter, a mysterious whale managed to achieve a precise harvest.
Reports indicate that an unnamed whale on Hyperliquid held $1.1 billion before the crash and shorted Bitcoin and Ethereum.
This whale managed to double its capital of $30 million in less than 20 hours, earning a profit of $30 million, then quickly exited with $60 million.
This case once again proves that in the highly manipulated cryptocurrency market, the asymmetric information can lead to tremendous gains.
The trading world is never short of opportunities; what it lacks is the caution and discipline to survive in the market long-term.

Overall, the market for the pancake trend is still in a high-level consolidation phase, but the overall bullish direction remains unchanged.
In the short term, we need to be cautious of the tug-of-war between bulls and bears during the range fluctuations. From a daily chart perspective, the price continues to follow a clear upward trend channel, and the overall shape remains healthy. Recently, there has been a pullback, but the core support level near 121,300 has shown resilience and strength—after several dips forming a 'pin bar' pattern, it quickly recovered and stabilized in that range. The resistance level above 123,300 has not been effectively broken, and in the short term, it is expected to maintain a range fluctuation pattern between 121,000 and 123,500, awaiting new catalysts to drive directional breakthroughs.
Switching to the 4-hour level, the trend has turned downward: connecting recent highs and lows clearly outlines the upper boundary of a descending channel.

Short-term trading strategy: Given the current range fluctuation pattern, it is recommended to adopt a high sell low buy strategy and participate with light positions.
If the price effectively breaks below the support level of 121,000, the next key support level to watch is 118,000.

The Federal Reserve's 'surrender-style' interest rate cut! The cryptocurrency circle's carnival begins, but these 3 risk points must be vigilant

In the early morning, the Federal Reserve's meeting minutes directly ignited the entire network! In summary: The Federal Reserve ultimately could not withstand economic pressure and pressed the 'start key' for easing. This 'surrender' seems decisive, but in reality, it is full of entanglements.

The meeting minutes contain three key signals: First, there was unanimous agreement to cut interest rates by 25 basis points, and even the previous statement of 'a robust labor market' was quietly changed to 'employment growth is slowing'; the economic slowdown is already a foregone conclusion; second, inflation remains 'persistently high'; the Federal Reserve claims that 'inflation is still high', but is forced to ease in action, appearing to be 'cutting rates while being stubborn'; third, officials have clear differences on subsequent steps, with some advocating for another 50 basis point cut and others insisting on a cautious approach. From the dot plot, most believe there is still room for rate cuts this year, but how to proceed depends entirely on subsequent economic data's 'expression'.

For the cryptocurrency circle: it is a prelude to the carnival, not the final chapter of the feast.

An interest rate cut is like 'opening the floodgates' for the market; short-term liquidity expectations are maximized. Bitcoin and other cryptocurrencies will likely take advantage of this momentum to surge, and the excitement in the cryptocurrency circle seems to have just begun. But one must remain clear-headed: an interest rate cut is merely a 'cure for the symptoms'; the overarching trend of economic slowdown and persistently high inflation are 'hidden dangers' looming overhead. Relying solely on this one piece of good news, it is difficult for the cryptocurrency circle to escape a sustained bull market.

Retail Investor's Guide: Take advantage without blindly following; keep a close eye on the direction before taking action.

- Experienced players can seize short-term liquidity benefits and take a chance on short-term opportunities, but never treat an interest rate cut as a 'wealth perpetual motion machine'; blindly chasing highs can easily lead to standing guard.
- What can truly outperform the market is never betting on a single policy but having a keen sense of real-time market conditions and policy trends.

If you want to delve into the cryptocurrency circle but cannot grasp the nuances, and want to quickly seize information gaps and avoid investment traps, feel free to follow; here you will find first-hand information interpretation and in-depth market analysis to help you find the right direction amid volatility.

October 8 Personal Analysis
The daily chart for Bitcoin has shown a continuous rise with 6 bullish candles, reaching a historical high of 126,000, but the upward momentum can be seen gradually weakening. Three upper shadows have appeared consecutively. Additionally, a pullback occurred on October 7.
Currently, the pullback strength is not significant, and the price around 120,000 has transitioned from previous resistance to support. If the pullback strength is strong, the price may return to around 118,000.
From the daily perspective on October 7, the price has temporarily stabilized around 120,000.
Focus on the daily chart for October 8; if there is no continued drop breaking levels, then subsequent prices may adjust in the range of 112,600-120,000.

Brothers, the streamer is taking a few days off for the National Day!\nWishing everyone a happy holiday!

I usually don't pay much attention to new coins, but I found some fun.
I happened to glance over and just discovered 2c was launched! I had a late-night snack. Then I ran! Hahaha, it made me laugh so hard.

What impact will the U.S. government shutdown have on cryptocurrency? Let me briefly explain.
#美国政府停摆

Its impact mainly manifests in two aspects: short-term reality shocks and long-term narrative effects. 1. Short-term reality shocks
1. Regulatory processes come to a standstill
· Key regulatory agencies such as the U.S. Securities and Exchange Commission (SEC) will significantly reduce operations.
The approval process for products like Bitcoin spot ETFs will be delayed, and regulatory reviews and new rule-making in the market will also be paused. This brings direct uncertainty to the market.
2. Macroeconomic judgment becomes inaccurate
· The government shutdown leads to the suspension of key economic data releases (such as non-farm employment and CPI). The market and the Federal Reserve will lose critical bases for decision-making, leading to unclear judgments about interest rate prospects. This uncertainty may trigger increased volatility in global risk assets (including cryptocurrencies).
3. Market sentiment shifts towards risk aversion
· The government shutdown is seen as a political risk event, which typically weakens investors' risk appetite in the initial stage. This may lead to funds flowing out of risk assets such as the stock market and cryptocurrencies in search of safe havens, thereby putting short-term pressure on coin prices.
2. Long-term narrative effects
1. Highlighting the value of decentralization
· The government shutdown reflects the vulnerabilities of traditional centralized systems. This event will strengthen the core idea of cryptocurrencies as "non-sovereign, censorship-resistant value storage," potentially attracting more investors seeking alternatives in the long run.
2. Delaying clear regulation in the industry
· During the shutdown, comprehensive legislative discussions in Congress regarding cryptocurrencies will be completely halted.
· Long-term impact: The clear regulatory framework is postponed, which will hinder traditional institutions from entering the cryptocurrency space on a large scale and in compliance, negatively affecting the long-term healthy development of the industry.

Summary:
· Short-term bearish: Mainly driven by regulatory vacuum, data absence, and market risk aversion, which may lead to market chaos and price declines.
· Long-term differentiation: On one hand, exposing the drawbacks of the traditional system supports the cryptocurrency narrative; on the other hand, delaying clear regulation slows down the mainstreaming process.
The ultimate impact depends on the duration of the shutdown and whether the prevailing market narrative focuses on "risk assets" or "value storage." #美国政府停摆

I believe many friends have encountered this problem, suddenly receiving risk alerts for C2C! So how can C2C transactions be done safely? We must organize the essential information!!!

Here are a few words: choosing a platform is like choosing a restaurant; find a well-established one!
Prioritize big platforms with high user numbers! Avoid lesser-known small platforms that you've never heard of. Before entering a platform, check the 'merchant qualifications' and choose those that are fully certified and have many transaction records. Here I recommend a big platform (Binance).
Three points to note:
1. Find top merchants on Binance C2C, with large transaction volumes and good reputations!
2. Be sure to carefully verify the information; name, card number, and phone number must match exactly what the platform shows!
3. Always transact online; do not meet in person or use cash!!! Leaving the platform means no protection; if your money is given to the coin and disappears, there's nowhere to cry.
These red lines must not be crossed:
Three things to remember!!
1. Do not accept transfers from unfamiliar accounts.
2. Do not believe in the temptation of 'instant transfers' or 'high rebates'; it's likely a trap.
3. Do not delete chat records! Take screenshots throughout the transaction + save them, including every word said by the other party; if something goes wrong, this is all evidence!!!
Wishing the brothers to keep their wallets safe.

SOL
Yesterday's SOL walked a parallel channel
The price kept touching the lower support line and did not break down. The subsequent pullback returned near the trend line, stabilizing around 206.84, entering long at 207 with a stop loss at 210, roughly a 2-point small loss.
Then the host temporarily did not close the position, waiting for the subsequent price to rise near 215.
ETH
From the hourly chart, Ethereum is currently in an upward trend with a support line. If it breaks down, the price may fall to around 4000, but if it does not break the support, it may rise to around 4500.
4250 is a resistance level, and 4100 is a support level. The price may adjust in the range of 4100-4250 for a while. Let's see the situation on October 2.

Some advice for beginners
1. Don't play with small coins
Most small cryptocurrencies in the coin circle are scams. They can drop to zero, and if they fall by more than 99%, definitely don't play with those that have low market value and that you haven't heard of. Choose mainstream coins.
2. Don't use small exchanges
Small exchanges always carry the risk of going bankrupt, and all the money in them may become inaccessible. It's advisable to use mainstream exchanges where funds are safe and secure.
3. Don't have too high expectations
The era of tenfold or hundredfold gains in the coin circle has passed. Major institutions and elites have entered the market, and big profits are no longer available. Achieving a doubling of your investment is already quite good, and for beginners, not losing money means you have already beaten more than 90% of people.
4. Set stop-loss and take-profit
Set clear goals for yourself. If the price drops to a certain level, execute your plan and withdraw. Never hold on stubbornly! The market changes rapidly!
5. Keep learning
People cannot make money beyond their understanding. Even if you initially earn a lot, if your knowledge doesn't keep up, you'll quickly lose it back. Keep learning to improve your understanding.
There are many traps in the coin circle; over 99% of people lose money. Find a reliable and experienced teacher from whom you can learn. While I can't guarantee you'll make money, at least you can avoid many pitfalls.
Finally, I wish everyone
Three 'Have's': Patience, Confidence, Determination!
Three Healths: Physical Health, Healthy Routine, Healthy Diet
Three 'Get Rich's': Get Rich, Get Rich, Get Rich!

A couple of days ago, the big pancake was continuously declining sharply, and yesterday's trend was relatively stable.
Around 108800, a strong support was formed. At that time, during the live broadcast, it was said that if it broke the support level, it was very likely to continue to decline to around 107600.
In the next period, there may be a fluctuation around 10880---110000.
If the price breaks through and stabilizes around 110000, it may adjust around 110000---130000 in the future.

Yesterday, I did two trades of the big pancake with my brother, and we just took a small bite and ran!
Today we can also enjoy a golden pig's trotter rice!
Making trades without losing is making a profit!
Host's quote:
Three Yes: Have patience, have confidence, have determination!
Three Health: Health in body, health in diet, health in daily routine!
Three Riches: Get rich, get rich, get rich!

Brothers, those who opened positions with the streamer yesterday must have made a fortune,\n\nFor a recent trend, the streamer made two simple analyses for reference based on the actual situation!\n\nFigure 3: Currently, it seems we are in a 5-wave ending phase, and the price has reached 124545, forming a historical peak. The A wave appears to be at A-3 for now, so there may be a possibility of decline in September. There might be a warming trend in October. The price is fluctuating in the range of 110000-120000. We should pay attention to the subsequent interest rate cuts from the Federal Reserve; if the hawkish attitude remains strong, the subsequent C wave may decline to around 90000, or even lower, indicating that the bear market has arrived.\nFor the previous situation, the streamer actually leans more towards Figure 4: 1 wave ended, 2 wave corrected, 3 wave at 3-2. This presents a very good direction for the subsequent trend. If we are currently at 3-2, then after a period of upward trend and correction, breaking through 124545 would be a very clear signal for forming 5 waves subsequently.\nThe above is a simple analysis from the streamer; brothers must analyze based on the actual situation combined with the market. When playing by yourself, be sure!!! Manage your positions well, and if you’re wrong, just run; never resist hard. As long as the green mountains remain, one need not worry about firewood.\nAlso, the streamer is not a god and cannot predict the precise trends 100%, and there is no god in the market. The streamer just shares his thoughts with everyone to help brothers earn more and lose less.\nFinally, here’s a quote: \nHave patience, confidence, and determination.\nStay healthy, eat healthily, and maintain a healthy routine.\nWishing brothers: Make money, make money, make money!

Although the anchor has already finished the broadcast, they are still thinking about my fans. The big pancake 🫓 anchor's order was completely cleared when they stopped broadcasting, brothers hurry up and clear the stock and run away! 😀.
Today, the brothers should have eaten well, and tomorrow there must be eight dishes and one soup!
Finally, here are the anchor's quotes!
Three have: Patience! Confidence! Determination
Wishing the brothers three health: physical health, dietary health, and healthy habits
Sending the brothers three wishes: Get rich, get rich, get rich!!!

To determine support and resistance levels, it mainly involves looking at these two things: one is the area of dense trading, and the other is the price pattern or trend line.

What is support? Support means that when the price falls to a certain position, because there were a lot of buyers and sellers here before, forming a dense area, the price tends to bounce back up when it reaches this point. Resistance, on the other hand, occurs when the price rises to a certain position, possibly because many people were trapped here before, or there are many sellers, so the price tends to drop when it reaches this point.

So how do we look at it specifically?

First, find those areas where the candlestick patterns are particularly dense. For example, if the price has rebounded several times after falling to this point, then this low point is support. Conversely, if the price has turned down after rising to this point several times, then this high point is resistance.

Second, observe the price patterns and trend lines. For example, ascending triangles, descending channels, or a clearly defined trend line. If the price approaches the trend line frequently and often bounces or retraces, then this line can be considered as support or resistance.

It is best to look for support in an uptrend and resistance in a downtrend, as this will make the judgment more accurate.