莫笑

BTC fell below $65,000 in the early hours, and ETH also dropped below $1,800. CoinGlass data: $691 million in liquidations across the market over the past hour, including about $671 million in long positions. In a nutshell: leveraged longs are paying the price again.

Three reminders to avoid becoming exit liquidity:
1. During a sharp drop, highly leveraged positions are the first to get wiped out. First, figure out how far your liquidation price is from the current price;
2. The Fear & Greed Index has fallen to 15. When sentiment is extreme, don't use “buying the dip” as an excuse to add to your position;
3. Weekend liquidity tends to be thin, which can amplify volatility. Leave some room with both your limit orders and stop-losses.

Are you watching from the sidelines this time, or have you already been stopped out?
#加密美股齐跌 $BTC $ETH

After scrolling through the feed, the most gut-wrenching posts weren’t about the drop, but ones like “selling my house to fund my account—one last dance.”

Not Eating Leeks wants to say three things:
1. Anyone can write a market analysis, but no one can take the hit of your liquidation for you. Don’t rush to copy what you read;
2. Liquidity is thin on weekends, so wicks are more common. If you’re using leverage, check your stop-loss and margin requirements first;
3. Money you need for living expenses, and money you’ve borrowed, should never go into a futures account.

When you read market analysis, are you looking for answers or reassurance?

#BTC走势分析 $BTC

You open the markets over the weekend, and crypto and U.S. stocks are both sliding—this kind of “everything’s falling together” can make people panic and act rashly.

Three ways to avoid getting burned:
1. Check your position before the price moves. Work out whether you can handle the worst-case scenario;
2. Volatility tends to spike when everything falls together. Reduce leverage if you can, and don’t let liquidation make the decision for you;
3. Don’t rush to “buy the dip” to make your money back. Unplanned trades are almost always emotional ones.

When you see everything falling together, what’s your first instinct: close the app or add to your position?

#加密美股齐跌 $BTC

Binance just posted an update on X: Withdrawals have been restored on 87 networks this week, and the remaining networks and assets are expected to be fully restored by the end of next week. In short: withdrawals are being reopened gradually, so there’s no need for everyone to rush to act at once.

Three reminders:
1. First, check in the app that the network you want to use is available. Make sure you select the right address and network—transfers sent on the wrong network may be impossible to recover.
2. Traffic is high during the restoration period, so some withdrawals may take longer to arrive. Be patient and check again later; don’t keep resubmitting them.
3. Anyone pretending to be “customer support” and claiming they can expedite your withdrawal is a scammer. Never share your verification code or private key with anyone who asks.

Are you choosing to withdraw this time, or keep your funds where they are? $BNB

ETF fund flows are a sentiment thermometer, not a buy or sell signal.

U.S. crypto ETFs saw net outflows of $1.48 billion over five days, and some people immediately shouted, “Institutions are fleeing.” Take a breath and consider three points:
① Net outflows are cumulative over a period of time; they don’t mean every institution is selling.
② Fund flows are lagging data—don’t treat them as a prediction of tomorrow’s price movement.
③ The more this kind of news floods your feed, the more important it is to stick to your position-sizing rules: reduce leverage first, and only invest money you can afford to lose.

Do you usually keep an eye on ETF fund flows?

#U.S. crypto ETFs see five-day net outflows of $1.48 billion $BTC

Bitcoin has fallen below the 200-week moving average, and many people’s first reaction is, “We’ve hit the historic bottom.” Hold on—the moving average is a reference point, not a safety net.

In plain English: the 200-week moving average is roughly the average price over the past four years. Falling below it signals weak sentiment, but it doesn’t mean a rebound is imminent, nor can we say how much further it might fall.

Three reminders:
① Reduce leverage on futures first. Don’t use “support from the moving average” as a reason to hold a losing position;
② If you buy spot, use only money you can afford to lose—don’t borrow;
③ Don’t trust calls claiming to have “perfectly timed the bottom.”

What do you think of this level?
#比特币跌破200周均线 $BTC

In the past few days, since BTC fell below 70,000, the number of people messaging me saying they can “help you break even” has suddenly gone up. The more nervous the market gets, the busier the scammers become.

Three hard rules:
① Anyone who says they can “guarantee you’ll break even” or “double your money for sure” should be blocked immediately;
② Anyone claiming to be customer support and asking you to transfer your coins to a “secure account” is a scammer;
③ Don’t click unfamiliar links or install apps from unknown sources just to make back your losses.

You can slowly earn back the money you lost, but money stolen from you is usually gone for good. Have you received messages like these lately?

#加密安全 $BTC

BTC just fell below $70,000 for the first time since August. The best thing to do right now is manage your position size first; you can wait and see before deciding whether to buy the dip.

Background: Jensen Huang suddenly resigned as NVIDIA CEO, MSCI is set to remove Strategy from its index, U.S. October CPI came in higher than expected, and spot ETFs have seen about $1.44 billion in net outflows over five consecutive days. Liquidations across the crypto market totaled about $680 million in the past 24 hours, nearly 90% of them long positions. The Fear Index has fallen to 20, indicating extreme fear.

Three reminders:
① Reduce leverage on highly leveraged long positions first—don’t try to ride it out;
② Wicks are common near round-number levels, so set stop-losses in advance;
③ The MSCI rebalancing at the end of the month and expectations for a December rate hike have yet to play out, so volatility may not be over.

Are you sitting on the sidelines with no position, or buying in gradually? $BTC

The U.S. Department of Justice just announced that more than $2.7 billion in assets stolen from Binance on October 29 have been frozen, including over $1.2 billion seized or restricted with court authorization. It also seized cloud infrastructure used by the North Korean hacking group’s “FaceStealer” scam tool. In short: hackers may be able to steal it, but they can’t necessarily launder it.

A few takeaways:
1. The freeze was made possible largely through cooperation from stablecoin issuers such as Tether and Circle. Recovering stolen funds on-chain is much more efficient than it used to be.
2. The FBI warns that FaceStealer may impersonate video-conferencing platforms to trick people into installing software. Don’t click links to unfamiliar “interviews” or “meetings.”
3. Recovery efforts are ongoing. Follow official announcements for further updates.

Have you ever received a suspicious “meeting invitation”? $BNB

Binance just announced that all assets affected by the 10·29 security incident have been fully replenished, and released a new Proof of Reserves snapshot covering 198 tokens. In a nutshell: user assets were made whole with the platform’s own funds.

A few thoughts:
1. The funds came from SAFU, the excess portion of the Futures Risk Protection Fund, and the company treasury. Binance has pledged to replenish SAFU to around $1 billion.
2. The zero-knowledge proof will take about 40–50 hours to generate. Once it’s ready, remember to verify the 1:1 backing yourself using your own record ID.
3. Withdrawals are still being restored in phases. Check the official announcement before taking action, and don’t trust any “express channels” offered in DMs.

Once the Proof of Reserves is out, will you verify it yourself? $BNB

U.S. securities settlement giant DTCC just announced that it will bring its tokenization services to Solana in the second half of 2027, allowing compliant U.S. stocks, ETFs, and Treasuries to be tokenized on-chain. In a nutshell: traditional finance is opening another door to public blockchains.

A few thoughts:
1. These tokens retain the original holders’ rights and regulatory protections, so they’re not the same as the “synthetic stocks” currently found on-chain.
2. The timeline is the second half of 2027. For now, this is just a plan, so don’t chase it as a short-term bullish catalyst.
3. The broader market is still weak. Narratives aside, you still need to manage your position size and leverage.

Which public blockchain do you think will benefit first from institutions moving on-chain? $SOL

Nvidia just made an official announcement: Jensen Huang has resigned as CEO and board member, effective immediately, and CFO Colette Kress will serve as interim CEO. Following the news, Nvidia shares fell about 10% in premarket trading, and BTC also dropped below $73,000.
A view that doesn’t chase the hype: A leadership change at a market leader is significant, but don’t mistake sentiment for direction.
① U.S. tech stocks and crypto are closely linked, and volatility could easily intensify over the next few days. Reduce leverage by a notch first;
② Nvidia still plans to release its Q3 earnings on November 17. The real variables lie ahead;
③ U.S. spot BTC ETFs have seen net outflows for five consecutive days. Don’t count on anyone to provide a floor—manage your own position carefully.
$NVDA $BTC
How long do you think this leadership change will affect the crypto market?

A popular coin has fallen below a round-number level, and the comments section immediately split into two camps: dip buyers and loss-cutters. #Zcash has fallen below $1,000 for the first time since September.
“不吃韭菜” wants to say: don’t rush to take sides just yet:
① Round-number levels are mostly psychological. Volatility often picks up after a break, so don’t use leverage to catch a falling knife;
② If you bought in after chasing the price higher, first ask yourself whether your position is larger than you can handle;
③ Whether you’re looking to buy or sell, splitting it into batches is less likely to leave you with regrets than going all in.
$ZEC
Do you use round-number levels as a reference, or ignore them completely?

Seeing stablecoin supply drop by $14.2 billion in 30 days, some people immediately cry, “The money’s all gone!”—but don’t rush to conclusions. #StablecoinSupplyDown$14.2BIn30Days
Don’t Get Harvested breaks it down into three points:
① Stablecoins are the market’s “ammunition.” A shrinking supply suggests new money is becoming more cautious, so don’t expect prices to keep rising in the short term;
② One data point shows only one angle. Look at it alongside trading volume and funding rates—don’t let a single headline sway you;
③ The more cautious the market, the more important it is to use less leverage. Keeping enough cash on hand matters more than chasing rallies or panic-selling.
$USDT
Do you usually keep an eye on stablecoin inflows and outflows?

On earnings night, the people most likely to get wiped out aren’t usually those who got the direction wrong, but those who took on too much risk. #Nvidia’s Q3 earnings are coming: can they ease market concerns?
Don’t get caught holding the bag—three reminders:
① Volatility tends to spike around earnings. The higher your leverage, the more likely a normal swing is to knock you out;
② Don’t treat “betting on earnings” as a strategy. Until the results are out, everyone is just guessing;
③ Decide in advance how much you can afford to lose in the worst-case scenario. If you can’t stomach it, reduce your position.
$NVDA
Will you hold your position overnight on earnings night, or reduce leverage and wait and see?

The shoe has dropped: MSCI just announced the results of its November review. Strategy has been confirmed for removal from the MSCI USA Index, and Metaplanet has also been removed from the MSCI Japan Small Cap Index. The changes take effect at the close on November 30. #Strategy may be dropped by MSCI, facing up to $2.8 billion in selling pressure
Take a step back and consider three points:
① Passive funds must rebalance their portfolios by November 30 in accordance with the rules. The pressure will fall mainly on the stock; the rules do not require the company to sell its coins;
② The “$2.8 billion” figure is an estimate made by institutions earlier. Actual selling will depend on the rebalancing results;
③ The news has been circulating for a month already, so its confirmation could initially amplify volatility. Don’t use leverage to bet on the direction. $BTC
Do you think the shoe dropping means the bad news is behind us, or is this just the beginning?

When macro data drops, crypto gets hit along with U.S. stocks, and many people’s first reaction is to panic. #CPI comes in higher than expected, putting U.S. stocks and BTC under renewed pressure
Looking at it another way, these three points are more useful:
① When CPI comes in higher than expected, the market worries that rate cuts will be pushed back, putting risk assets under pressure across the board. That’s sentiment spilling over—not a problem with any one coin;
② Volatility is highest around the data release, and sharp wicks love to sweep leveraged positions. Better to make a little less than to go in too heavy;
③ Mark the next release date on your calendar ahead of time, and sort out your position size and stop-loss the day before.
Do you make a point of keeping an eye on macro data release times? $BTC

Index rebalancing may sound far removed from retail investors, but it has a direct impact. #Strategy may be dropped from MSCI, facing up to $2.8 billion in selling pressure
In plain English, three points:
① If a stock is removed from an index, passive funds tracking that index have to sell it according to their rules. This is mechanical rebalancing, not a bearish view;
② “Up to $2.8 billion” is an estimated upper limit, not a certainty. The final list is expected to be announced tomorrow morning Beijing time;
③ Volatility can increase around the announcement, so don’t use leverage to bet on the outcome. Wait for the announcement and see. $BTC
Do you think this kind of index rebalancing has a big impact on crypto prices?

Bitcoin has fallen for five straight weeks. Half the comments are saying “the bull run is over,” while the other half are saying “this is your last chance to get in.” In a word: the louder the debate gets, the more important it is to stick to your own game plan. #BitcoinDownForFiveStraightWeeks
① Don’t treat a single candlestick as a signal. The most emotional posts are often the least reliable;
② If you want to buy in stages, set a maximum total position first, and don’t put in money beyond your plan just because prices fall;
③ Only talk about buying the dip if you can hold spot. Borrowing money and using leverage to bet on a rebound is the easiest way to get shaken out.
Over these five weeks, have you added to your position, reduced it, or simply stopped watching the charts? $BTC

$1.16 billion liquidated in one day. One thing to remember: getting liquidated is never just about direction—it’s also about whether your position can withstand the volatility. #Crypto market sees $1.16 billion in liquidations in 24 hours
To survive in a market like this, remember three things:
① Lower your leverage first, and keep your position small enough to sleep soundly even if there’s a wick;
② Calculate your liquidation price before opening a position—don’t wait until your margin is running low to check;
③ Set your stop-loss in advance—don’t count on watching the charts or having quick reflexes.
Stay in the game, and you’ll have another chance. Are you still using leverage? $BTC