I've been watching 0.055 for a long time, and $WAL has broken below it. It's at 0.05325 now. A break below on high volume means there's real selling pressure; without much volume, it might bounce back. I'll make a note of it and check how the price reacts in a few days.
Just letting everyone know: it surged 2.19% in $ZEREBRO 5 minutes. Sudden spikes like this aren't unusual, so don't assume it will keep going up. Don't buy just because someone else says so.
In 15 minutes, $PYTH went up 3.7%. If you can't get in, you'll miss out—but it's not like this is your only chance. Don't just look at the numbers; look at the volume too.
$KAS hit a new 7-day low, below the previous low of 0.03536. After breaking below that level, the case for going long is a bit weaker, but we should also watch out for an overreaction followed by a rebound. I’ve learned the hard way about trying to catch the bottom, so I’d rather take it slow.
Just letting everyone know, it fell 3.43% in $ARC 5 minutes. It did fall, but don't rush to buy the dip. Don't get carried away and add to your position.
It fell 2.3% in $ADA 5 minutes, and the bears are feeling more emboldened now. Anyway, I’ve learned my lesson about catching falling knives, so for the past couple of years I’ve preferred to take things slower.
This isn’t investment advice—don’t follow my lead.
October 15 Morning Briefing: BTC Pulls Back, Sentiment Neutral
Major cryptocurrencies: $BTC 81,661.42 (-2.08%)|$ETH 2413.8 (-3.8%)|BNB 727.58 (-2.22%)|SOL 104.06 (-3.38%) The market pulled back slightly, with sentiment leaning cautious. Top gainers and losers: Top gainers: WAL +53.42%, ZEREBRO +52.64%, ARC +22.88% Top losers: Lobster -29.18%, EPIC -28.68%, US -25.97% Sentiment and flows: Fear & Greed Index: 53 (Neutral), down 9 from yesterday $3.63 million in liquidations across the market over the past hour, with long positions accounting for 78.2% What people are discussing: #法国推进加密自托管申报提案 #Solana定于10月21日进行Alpenglow升级 A few stories from today: 1. Crypto betting platform Gamdom was reportedly hacked, losing about $4.208 million
Over the past 24 hours, $Lobster has seen open interest rise while its price has fallen. My understanding is that rising open interest and falling prices look more like newly opened short positions pushing the price down. If positions are measured in contracts, price movements themselves won’t change their size. With high leverage, even a small swing can be hard to withstand.
$ZEREBRO has moved above the daily MA200. Anyway, when the market is moving very sharply, indicators can become less responsive, so don’t rely on them alone. What would you do?
I took a look at the funding rate for $SIREN : +0.0913%. Longs are paying shorts. Don’t put everything in at once—enter in batches, so you can adjust if you’re wrong. Plan your stop-loss first.
In the past hour, trading volume for $ZEREBRO hit 4.7 times the average, and its price rose 11.86%. If volume drops back off after this, this move was probably just a brief flurry of activity. What do you think?
Are long positions getting too crowded? I took a look at the funding rate for $SIREN : +0.103%. It’s charged every 4 hours. When the market settles down, this figure often returns to normal. What would you do?
Some activity. Volume for $NIL suddenly picked up, reaching 5.1 times the average over one hour, while the price rose by 1.43%. A sudden surge in volume means a lot of people are buying and selling at once. I’m watching to see whether trading volume keeps up; without volume, I’m not convinced.
Just now, $NIL hit a 24-hour high. If you ask me, there’s another round-number level above, and plenty of people will be selling there too. If you miss it, you miss it—this won’t be the only opportunity.
Just saw: Alpha token 4STOCK is down 16.8% over the past 24 hours. Honestly, this kind of move happens every few days, so I usually don’t rush to act. $4STOCK, down 16.81% in 24 hours. Don’t rush in—wait and see.
Say it straight. The 4.9 level everyone was watching has been broken: $NEAR has fallen below it. I usually wait for the candle to close below it before calling it. A single day's numbers don't mean much; I watch it for a full week before making a judgment. Don't add to your position impulsively.