‼️ According to Mars Finance: PR Newswire reports that NFT Limited (ticker: MI, formerly Takung Art), listed on the NYSE American, announced its proposed RWAIX technology agreement in Hong Kong on October 13, and released it under the MIT License on Gi $BTC Add it to your watchlist first. Price action in response to the news says far more than the news itself. What’s your first impression?
A quick note: $BTC Sentiment thermometer: Fear & Greed Index 57 (Greed), down 12 from yesterday. People often ask how to read the Fear & Greed Index, so here’s my take. The index is updated only once a day. It reflects sentiment over a period of time, not how people are feeling intraday. Extreme fear can last for weeks, and extreme greed can keep getting hotter. If you rely on the index alone to pick a bottom, you can easily jump in too early. Don’t place orders during the most volatile few minutes. Wait for the price action to play out before taking a look.
🆙 $TRUTH hits a 30-day high of 0.01843, surpassing the previous high of 0.01766. The rise was a bit sudden. As long as the pullback doesn't break below the launch point, the structure remains intact. Did you catch this move?
Volatility is high, so size your position according to your risk tolerance.
Market Notes|$LUMIA |1-hour volume up 4.7x|Price down 13.39% First, a definition: “multiple” is a relative term. For a coin that normally has low trading volume, a several-fold increase may be caused by just a few large orders. The same increase is much less common for a top coin. How to read it: Whether volume increases during a breakout is often considered one factor in judging whether it’s genuine or a false breakout. A move above resistance on low volume is more likely to fail. Calculating your order size based on the stop-loss distance is much more reliable than choosing a position size by feel.
About governance tokens and DAOs: With a protocol using Governor Bravo, after a proposal passes, it must first remain queued in the Timelock for a period of time before it can be executed. The purpose of the Timelock is to give the community time to respond: those who disagree with a proposal can exit the protocol before it is executed. $UNI 7.614(+2.57%)
One thing I noticed today: Interactive Brokers has launched an Ethereum staking service, powered by ZeroHash. There’s no obvious bearish implication on the surface; it seems more like routine industry news. I’ve been burned chasing news before, so these days I take a moment to stay calm when I come across something like this. $ETH I’ll wait and see.
📌 $TRUTH 30 Daily High Watch Current price 0.01663|Previous high 0.0164|24h +17.38% The price is above the previous high, turning this level from resistance into a short-term reference point. If it reverses from here, how would you respond?
$BAT broke through the 0.18 level. How did this number come about? Round-number levels attract attention mainly because people tend to place orders and take-profit points around them, so orders often cluster there. They’re also known as psychological levels. The first rebound after a break below a level is often seen as a litmus test: if the price is pushed back down below the level, that lends support to the idea that support has turned into resistance. Comparing several indicators is more reliable than looking at just one, but even multiple signals can’t provide a definitive answer.
Let's have a quick chat. The most interesting thing to discuss right now is this: CryptoQuant founder: Bitcoin's bear market cycle is over; it may enter a bull market over the next 12 to 24 months. I think it's fairly neutral—just take it as a reference. What do you think of the price trend for $BTC ?
After reading this, I still feel pretty calm—probably because I’ve been through too many similar things. I’ve just seen another one: HyperDex, a real-world asset market, launches a spot and perpetuals aggregator. The news is fairly neutral; the impact can be assessed in a few days. $NEAR I’ll keep an eye on it.
😵 $APR hit a 30-day low of 0.0635, breaking below the previous low of 0.0681. The market suddenly cooled off. Once support breaks, it often turns into resistance. Watch your position size and don’t get carried away.
Another incident ⚠️ OneKey revokes Malaysian distributor CryptoBilis’s authorization and offers free device replacements Holders of the project involved are most concerned about whether their funds can be recovered. That depends on what happens next. With the news being somewhat negative, I’ll trade less for now and wait for volatility to settle. $BTC Current price: 83652.01, 24h: -0.29%
A friend asked me today: “The MACD on the $AVAX 4-hour chart has formed a death cross. Should I get out?” I gave him a few honest answers: 1. This death cross is below the zero line, which means the bearish trend hasn’t changed and the rebound has failed to materialize again. 2. MACD is a lagging indicator. By the time it crosses, the price has already moved quite a bit. 3. Don’t focus on just one indicator—look at trading volume and support and resistance levels together. He thought it over and said, “So I still have to read the charts myself.” Exactly. Indicators are just there to give you a heads-up.
Don’t scroll away just yet—this might have something to do with your positions! “ChiNext Index and STAR 50 both fall more than 3%” is trending! Could $BTC , which is linked to stock market movements, catch fire too? When something’s trending, I usually just make a note and wait to see if trading activity picks up before deciding whether to take a closer look.
Over the past hour, $4.62 million in Binance futures positions were liquidated: $685,000 in long positions (14.8%) and $3.94 million in short positions. After liquidations, I usually look at three things: ① Which side got liquidated more: shorts accounted for the majority, so the rally triggered a wave of short covering; ② The largest liquidation was $BTC ($1.5 million), and its subsequent price swings are usually the biggest; ③ Did open interest fall afterward? A decline means leverage has genuinely been flushed out; if it doesn’t fall, new positions are building up. When funding rates or open interest are heavily skewed in one direction, a move in the opposite direction is often not far off.
Breaking it down from a capital-flow perspective: Machi Big Brother's ETH long position is sitting on an unrealized loss of over $410,000, with the liquidation price only about $36 away. When the news breaks, two things usually happen in the market at the same time: · Early-positioned traders start looking for opportunities to exit · Latecomer capital starts stepping in The relative strength of these two groups determines the direction of the trend. $ETH 24h trading volume was $767 million; watch for any unusually sharp increase in turnover.
$DOS |4-hour MACD|Death cross above the zero line|0.2261|24h -16.32% Opposing histogram bars before the crossover: 33 4-hour candles If it were you, would you make a move or wait a little longer?
📡 Trending news roundup: “Gold prices are falling, but gold shops are booming—bracelets are sold out.” $PAXG 24h, linked to gold movements, is down 0.66%. Have you seen this trending topic?
📰 Institutional moves: holding 29,462 BTC, Strive SATA preferred shares raised $55 million in one week Neutral situation, $BTC is worth watching. Look at the data, don't just listen to the narrative; it can help you avoid a lot of pitfalls. Like it first, and check the trend in a few days to verify.
This is not any form of trading advice; risk is your own.
When large orders are clustered, it often means big players are placing bets. Before following them, first figure out whether they’re buying or selling. $PONS : down 3.17% in 5 minutes, down 17.56% in 24 hours. Save this and compare at the same time tomorrow to see how it’s moved.