币毒

Some people are seriously hypocritical: on the one hand, they look down on Plaza, but on the other, they ask the folks there to vote for and follow them.

Honestly, Plaza is currently the best content platform in this space. Whatever you do, you can find people who are on the same wavelength.

The team has also been collecting feedback and rolling out features like live trading shares, tackling the problem of telling things apart at its root. Just ask yourself: if you left Plaza, what other content platform could do this?

If you really look down on it, then don’t come here. Don’t take a meal from the table with one hand while smashing the bowls and pots with the other. It’s pretty ridiculous.

After thinking it over, I decided to post a screenshot after all. Since the Top 100 Traders voting is underway, I don’t want people taking shots at me. My longtime followers know the size of the trades I usually place, but you know how rumors spread among strangers—so I’ll just be my honest, down-to-earth self. Still, you’ve got to show off a little! This is the third trade the strategy group has made in the past two days. Thanks to this market—and to anyone passing by who can spare a vote, give Adu a tap with those lucky money-making fingers!

Nice and simple—another profitable trade. After ending the livestream last night, I noticed $BTC starting to weaken, while U.S. stocks were also gradually losing momentum. I opened short positions in $ETH and $ZEC , with relatively tight stop-losses. Some of you may have been stopped out of ZEC, but the drop in ETH more than covered those losses.

As I always say, if you can, come join the strategy group. You’ll get not only my rambling thoughts on how I place trades, but also updates on my trades. I won’t share the amount this time, since I’m using a copy-trading account and want to build up its track record gradually. I’m also getting ready to link it for rebates. Hope you all have a great day.

🗓️ October 22 | Crypto Daily

The market is bouncing today, but it’s not a broad-based rally: BTC has climbed back above $84,000, and major coins are recovering, but total market cap is still down. Funds are clearly continuing to gravitate toward larger-cap coins.

【Market Snapshot | 09:01 Beijing Time】
• BTC: $84,188, 24h +1.47%
• ETH: $2,473.76, 24h +0.92%
• SOL: $107.23, 24h +0.64%

Total crypto market cap is about $2.83 trillion, down 1.41% over 24 hours. BTC dominance is 59.67%, and 24-hour trading volume is about $83.6 billion. The Fear & Greed Index is at 68, in “Greed” territory. In short: the index looks warm, but gains aren’t evenly distributed. Don’t mistake a BTC rebound for a full-blown bull market.

【What’s Actually Worth Watching Today】
1. The U.S. OCC released the final rules for implementing the GENIUS Act: stablecoin issuers still can’t pay interest directly, but trading platforms may offer users similar yield rewards on a case-by-case basis. The banking sector’s biggest fear—“deposit flight”—has officially moved from rhetoric to rules on the ground.
2. ETF flows are diverging. The latest complete publicly available trading-day data is for October 20: U.S. spot BTC ETFs saw $23.2 million in net inflows, their second consecutive day of inflows; ETH ETFs saw $26.1 million in net outflows, their fifth consecutive day of outflows. Note: these are October 20 figures, not today’s.
3. Solana entered the Alpenglow mainnet upgrade window last night. The goal is to bring finality down to about 150 milliseconds and remove validator voting from blocks. If reported TPS or transaction counts suddenly change afterward, check the measurement methodology first—don’t rush to interpret it as a sharp drop in on-chain activity.
4. Another security warning: a wallet linked to the roughly $295 million Drift attack in April recently transferred about 25,700 ETH, worth approximately $61 million, to Tornado Cash. Funds linked to an old hacker are on the move, so keep an eye on related addresses and cross-chain flows.

【What to Watch Next】
• Tonight at 20:30: U.S. initial jobless claims
• Tomorrow night at 21:45: U.S. preliminary October S&P Global Manufacturing and Services PMIs
• October 29 at 02:00: Fed rate decision; press conference at 02:30

【My Take】
BTC getting back above $84,000 is a positive sign, but the decline in total market cap and continued outflows from ETH ETFs suggest this is more of a structural recovery than a signal to chase prices blindly. In the short term, watch whether BTC can turn $84,000 from resistance into support. If it can’t hold there, the altcoin rebound could fizzle out quickly.

Trading strategy: Don’t chase highs; scale in after a confirmed pullback. Reduce leverage by one notch, and set your stop-loss before placing an order.

Risk warning: Crypto assets are extremely volatile. The above is for market observation only and does not constitute investment advice.

Strategy group $BTC $ETH : All the long positions opened last night hit their take-profit targets.

I’ve been testing Binance AI, using a simulated account with 10,000 USDT in starting capital. So far, I’m up 11%. The strategy is particularly simple: go long at support levels using an intraday combination.

My goal is straightforward. With the FOMO meeting coming up at the end of October, the market will most likely be betting on no rate hike, and then there are the midterm elections in early November. Neither the blond guy nor the Fed is likely to pull any major surprises, so going long as the price swings around support levels could be a pretty good trade.

The strategy took fewer than five sentences to write from start to finish, and AI generated it for me—complete with a flowchart and dashboard so I can easily see how the strategy is performing.

I know many of you are already using Claude, OpenAI, Grok, and the like, but honestly, the analysis these AIs give you and the analysis from Binance AI aren’t even on the same level.

What those so-called top-tier AIs provide is mostly guesswork and predictions. Binance AI, on the other hand, gives you solid arguments grounded in data. In the future, traders—whether they use AI to trade or just as an aid—will clearly fall into two camps: those who use Binance AI and those who don’t.

Don’t believe me? Ask all the AIs the same questions about trading that you usually ask, and you’ll see where Binance AI’s real value lies!#币安Ai

The strategy group isn’t all that different from the discussion group. Anything you don’t get in the discussion group, you can pretty much hear about by tuning in to the livestreams every day. After all, I cover the ideas and reasoning—including the entry levels—during the streams. The strategy group just gets the information again, along with some of my off-the-cuff commentary and analysis, plus a few other opportunities. Its biggest value is helping you learn to trade on your own.

For example: your trades, your trading logic, and how you understand the market.

Off-the-cuff commentary: things like analyzing timing, sharing thoughts and reflections, or pointing out a small Alpha opportunity—like that easy-money setup that just happened. I gave the guys a heads-up an hour in advance to get ready, and the whole thing was over in five minutes.

🗓️ October 21 | Crypto Market Daily

The market is rebounding, but it’s too early to call a reversal: major coins are broadly higher, while investor sentiment remains cautious.

📊 Market snapshot (around 09:00 Beijing time, CoinGecko)
BTC: $83,006, 24H +1.67%
ETH: $2,451.53, 24H +2.20%
SOL: $106.59, 24H +1.85%

Total crypto market capitalization is about $2.80 trillion, down 1.20% over 24 hours. 24-hour trading volume is about $82.9 billion, roughly 19% higher than the previous day. BTC dominance is around 59.5%, and the Fear & Greed Index is at 44 (Fear).

Here are the key things to watch today:

1) ETF flows have diverged sharply. The latest full public trading day was October 19: U.S. spot BTC ETFs saw net inflows of about $526.7 million, driven mainly by a $665.2 million single-day inflow into IBIT. ETH ETFs saw net outflows of about $103.3 million over the same period, while SOL ETFs had net outflows of about $6.7 million. Money is flowing back into BTC, but the move hasn’t spread across the broader market yet.

2) JPMorgan is expanding JPM Coin to Ethereum, continuing to move institutional settlement onto public blockchains. This is a positive for Ethereum’s long-term narrative, but short-term price action still depends on whether funds actually flow back in.

3) Switzerland’s FINMA has approved the country’s first spot Bitcoin ETF aimed at retail investors. Switzerland already has a number of crypto ETPs, but the more important development is the further relaxation of the regulatory framework for single-asset BTC ETFs.

4) Ethereum staking has hit a record high, but yields continue to fall. The upside is that circulating supply is locked up; the downside is that marginal returns are declining. The staking narrative alone is unlikely to lift ETH directly.

5) Microsoft, Alphabet, Goldman Sachs, and other institutions have raised objections to OKX-ICE’s tokenized stock offering. The RWA trend hasn’t cooled, but traditional finance won’t easily give way on ownership rights, disclosure, and trading rules. Progress will likely involve ongoing negotiations and pushback.

Three upcoming dates to watch:
• October 22: U.S. initial jobless claims
• October 23: Flash U.S. S&P Global manufacturing and services PMIs; University of Michigan final consumer sentiment reading
• October 27–28: Federal Reserve FOMC meeting. The interest-rate path remains central to how risk assets are priced in this cycle.

My take: This looks more like a recovery after being oversold. It’s positive that BTC is attracting fresh inflows again, but total market cap is still shrinking, and ETH and SOL ETFs continue to see outflows—evidence that risk appetite hasn’t fully returned. If BTC can hold above $83,000 and volume continues to grow, the rebound may have room to run. Otherwise, expect more range-bound trading. Don’t let one bullish candle lure you into chasing the rally.

Trading strategy: Keep positions light and trade with the trend; wait for a confirmed pullback before adding. Avoid high leverage and weaker small-cap coins for now.

Risk warning: Crypto assets are extremely volatile. The above is for market observation only and does not constitute investment advice.

The market is completely dead. I’ve been sitting in front of my computer for ages and still can’t settle down. If I go live, there aren’t many trading opportunities; if I don’t, I feel like the guys have been looking forward to it all day just to hear me talk crypto.

Volatility in this market is actually worse than on the weekend. Bitcoin is only moving a few hundred dollars up or down, and Ethereum just $30. It’s really not worth trading. Staying out of the market is a strategy too—a good hunter has to learn to wait.

The things worth watching today are crude oil breaking above $100, initial jobless claims on Thursday, and PMI on Friday, though none of them are likely to have much impact.

The main event this month is the October FOMC meeting. The mainstream expectation is that the Fed will pause rate hikes in October, then raise rates by 25 bps in December.

In the short term, we’ll have to watch employment data on Thursday, then PMI and inflation expectations on Friday. Whether BTC and ETH can move higher will depend heavily on U.S. Treasury yields falling.

As we discussed on last night’s livestream, we can only hope for the 10-year U.S. Treasury yield to break below a key level while BTC rises in tandem on strong volume. That would be the best opportunity of this trend for us.

Got a new racket! Show me a screenshot of your vote and I’ll hit with you for free—feeding you easy shots right on a plate.

🗓️ October 20 | Crypto Daily

The market continues to pull back on declining volume. BTC and ETH are weak, while SOL is holding up for now. Sentiment isn’t exactly fearful, but it’s clear that capital is still waiting for a signal.

As of around 09:00 Beijing time:
BTC $81,735, 24h -0.68%
ETH $2,401, 24h -0.55%
SOL $104.74, 24h +0.42%

Total crypto market cap is about $2.75 trillion, down 2.29% over 24 hours; 24-hour trading volume is about $69.5 billion. BTC dominance is 59.53%, and the Fear & Greed Index is 55 (Greed). Put simply: the index is still somewhat greedy, but the market itself looks less resilient. Be more selective with altcoins.

What’s really worth watching today:

1) U.S. spot BTC ETFs saw net outflows of $138.5 million on the latest publicly reported trading day, October 19. FBTC had outflows of $83.6 million and GBTC $54.9 million. Note that these are October 19 figures, not today’s; traditional capital remains cautious for now.

2) JPMorgan launched JPM Coin, its institutional U.S. dollar deposit token, on Ethereum mainnet. It isn’t an open-access stablecoin and is available only to eligible institutional clients, but the direction matters more than the rhetoric: bank deposits are settling directly on a public blockchain.

3) Strategy disclosed that it bought approximately $22.1 million worth of BTC again between October 12 and 18. It’s not a huge amount, but ongoing buying from corporate treasuries hasn’t disappeared.

4) A major security warning: Ledger is reviewing a hardware-wallet supply-chain attack involving a third-party reseller channel, with reported losses of about $93 million. Buy hardware wallets only through official channels. If your recovery phrase was generated on a suspicious device, don’t take chances—move your assets and create a completely new recovery phrase.

5) The public comment period for the U.S. SEC’s “Regulation Crypto Assets” proposal ends today. The proposal addresses exemptions for crypto asset issuances and a safe harbor for investment contracts. This is only the deadline for public comments, not the finalization of a rule—don’t get swept up by sensational headlines.

Three upcoming dates to watch:
• Tonight at 20:30, U.S. September housing starts and building permits: first see how rate expectations respond.
• October 21, Solana’s planned Alpenglow consensus upgrade: watch for a smooth mainnet rollout.
• October 28, the Fed’s rate decision: this is the real test for risk assets this cycle.

My take: This isn’t systemic panic; it looks more like capital is contracting amid expectations of higher interest rates. BTC still has support above $80,000, but until ETF flows turn sustained and trading volume returns, there’s no need to call a reversal. SOL is relatively strong today, but that doesn’t rule out “buy the rumor, sell the news” volatility ahead of the upgrade.

Trading strategy: Reduce position sizes a little. If BTC holds above $80,000, consider buying dips in stages; if it breaks below, step aside for now. Don’t chase altcoins—stick to assets with clear catalysts and sufficient liquidity.

Risk warning: This is for market observation only and does not constitute investment advice. Crypto assets are highly volatile; be mindful of leverage and position sizing.

Vote for Coin Poison now and help it become one of the Top 100 Blockchain Creators of 2026! 立即投票

These medals bear witness to the journey so far. Old soldiers never die—they can still charge ahead 🚀

Look at the mess this has turned into! Since you’re the ones who nominated me, it’s not too much to ask you to vote for me, is it?
(Dear readers, ladies and gentlemen, and wealthy heiresses passing by—please give Adu a vote with your lucky little hands!)

A serving of stir-fried pork with chili, lemon tea, and rice costs 700 baht, or 140 yuan.

Can I really afford to stop working hard? I’d literally starve, bro.

By the way, this is Nong Geng Ji—a place you can pop into for a meal back home. But for me, it’ll be a long time before I get to eat here again.

It’s actually kind of strange. Over the years, there’ve been all kinds of crackdowns on counterfeit goods and fake invoicing, but not once has anyone come after me. After all these years, you still haven’t found me? Did you get lost? 😭

The last 197 units, $ETH , were closed out at take profit while I was asleep last night, with a maximum of 1500 units opened.

This trade took 4 days of back-and-forth, from being trapped, to partially trapped, to finally being freed. My livestream time also increased from 4 hours to 6 hours, and I kept massaging the chat room nonstop.

Since it was opened on the 15th last week and got trapped, I livestreamed every day, working hard with the brothers to keep swing trading and T+0 trades going to push up the average entry price. Since the trend did not break out, I did not stop out.

ETH showed weakness last Friday, so I judged it would get freed over the weekend late at night. I therefore placed several take-profit orders. One was hit the night before yesterday, and the last one was hit last night. By then, the entire position was closed, with a slight profit.

It is worth noting that last weekend was the worst market of the past few weeks. Before that, weekends had been a one-way bulldozer move upward. This weekend, after breaking above and then pulling back, it formed a V-shaped reversal twice, and volatility is getting bigger and bigger. It looks like the next direction is not far away. Stay tuned for tonight's livestream.

🗓️ October 19 | Crypto Daily

Ahead of Monday’s market open, prices rebounded modestly from their weekend lows, but total market capitalization continued to shrink. Sentiment looks more like a “weak recovery” than a trend reversal.

📊 Market snapshot (around 09:00 Beijing time)
BTC: $82,292, 24h +0.88%
ETH: $2,414, 24h +0.27%
SOL: $104.29, 24h +0.68%

Total crypto market capitalization is around $2.74 trillion, down about 2.83% over 24 hours. BTC dominance is around 60.14%. The pattern of BTC holding strong while altcoins lag hasn’t changed, and capital remains defensive.

A few things worth watching today:

1) ETF flows are still tapping the brakes. The latest full trading day was Friday, October 16: U.S. spot BTC ETFs saw net outflows of about $82.4 million, while ETH ETFs saw net outflows of about $69.7 million. Note that these are Friday’s figures, not today’s; the next data will be available after the U.S. market closes on Monday.

2) U.S. spot crypto ETFs saw combined net outflows of about $594 million last week (October 12–16). Prices have managed to hold sideways, suggesting spot demand isn’t too weak, but institutional capital has yet to turn positive.

3) U.S. regulators are continuing to move toward a “tradable and regulated” framework. The CFTC’s new proposal on crypto asset trading and market oversight was published on October 13. Its core aim is to revisit the rules for spot and leveraged crypto trading on exchanges. This is a long-term positive for compliant capital, but it won’t directly translate into buying in the short term.

4) Another security wake-up call: On October 18, Qubic disclosed that weak random number generation on older Apple devices led to 1,404 wallets being stolen, with losses of about $1.3 million. The network and trading platforms subsequently froze most of the funds involved. The key takeaway isn’t the amount stolen, but that the “seed phrase generation process” can also be an attack vector. Migrate funds from old wallets and untrusted clients as soon as possible.

5) SOL has a major catalyst this week: the Alpenglow consensus upgrade is scheduled to launch on mainnet around 23:00 Beijing time on October 21, with the goal of reducing finality to about 150 milliseconds. This is a tangible technical upgrade, but be wary of a “sell the news” reaction in the short term.

Three dates to watch:
• October 20: U.S. housing starts and other housing data;
• October 21: Solana Alpenglow mainnet launch;
• October 22–23: U.S. initial jobless claims, S&P Global PMI, and University of Michigan consumer sentiment data. The Fed is now in its quiet period, so markets will react more directly to the data.

My take: BTC has found support after holding above $80,000, but persistent ETF outflows and a weakening total market cap don’t currently support chasing the rally blindly. The rebounds in ETH and SOL also aren’t strong enough to confirm that altcoin season is back. For now, it’s better to wait for confirmation than to go all-in because of a single green candle.

Trading strategy: Keep positions small and leverage low. Look for continuation if BTC holds above $82,500; if it falls below $80,000, prioritize risk management. Only take planned positions in event-driven coins—don’t chase the news.

⚠️ Risk warning: Crypto assets are extremely volatile. The above is for market observation only and does not constitute investment advice.

Oh my! Oh my! Oh my goodness!

My big brother Yan Chi is so generous, so genuine, and so insightful!

Thanks to my big brother Yan Chi @颜驰Bit for teaching me how to smoke a cigar, step by step—from cutting the cap, lighting it, and savoring each draw to managing the ash and putting it out. He even made sure I scanned the QR code on the box to check that it was authentic.

A genuine cigar—no heartburn when you smoke it.

🗓️ October 18｜Crypto Daily

The market continued to grind along near its lows on thin weekend trading. BTC has held up for now, but flows have yet to show any real signs of turning bullish.

📊 Market snapshot (09:01 Beijing time)
BTC: $81,470, essentially unchanged over 24h (-0.01%)
ETH: $2,403.54, 24h -0.69%
SOL: $103.35, 24h -0.87%

Total crypto market capitalization is around $2.75 trillion, down about 3.0% over 24h; BTC dominance is 59.5%. The Fear & Greed Index stands at 53, still in neutral territory. The market picture is clear: BTC is holding up relatively well, altcoins are under pressure, and risk appetite has not truly returned.

The most important developments today:

1) Flows remain weak. U.S. spot BTC ETFs saw net outflows of $82.4 million on the latest trading day, October 16; ETH ETFs saw net outflows of $69.7 million, and SOL ETFs $12.7 million. Note that these are Friday’s figures, not today’s—there is no ETF trading over the weekend.

2) Traditional finance continues to compete for access points. Goldman Sachs, Wells Fargo, and Morgan Stanley are all treating asset tokenization as a growth business. Polygon’s acquisition of Coinme is also a move toward payments and cash access. On-chain finance still has a story to tell; crypto prices just aren’t buying it in the short term.

3) Stablecoin regulation continues to take shape in tiers. The European Banking Authority has designated Circle’s USDC as the EU’s first “significant” e-money token. This means stricter oversight, and also reflects USDC’s growing importance within Europe’s financial system.

4) A new variable has emerged in U.S. stock index rules. MSCI has adopted a new policy that could see companies holding crypto on their balance sheets, such as Strategy and Metaplanet, excluded from some equity indices in the future. If passive funds reduce their holdings as a result, the impact could extend beyond share prices and affect these companies’ ability to raise capital to buy crypto.

5) Don’t let your guard down on security. Ledger devices with tampered hardware have recently appeared in Southeast Asian distribution channels. Hundreds of wallets have been affected, with losses exceeding $100 million. A hardware wallet does not mean absolute security—buying from trusted channels, checking the packaging, and testing with a small amount are all essential.

Three things to watch next:
• October 20: U.S. September housing starts
• October 22: U.S. weekly initial jobless claims
• October 23: U.S. S&P Global flash PMIs and final University of Michigan consumer sentiment reading

My view: BTC is finding support around $80,000, but continued ETF outflows and BTC dominance approaching 60% suggest the market is still in defensive mode, rather than seeing a broad return of risk appetite. For ETH and SOL to establish sustained trends, we first need to see capital flowing back in—not just a story built around one or two rebound candles.

Trading strategy: Don’t chase rallies. If BTC holds above $80,000, consider small, cautious buys; if it breaks below that level, reduce exposure. Trade only strong altcoins and use strict stop-losses.

Risk warning: This is for market observation only and does not constitute investment advice. Weekend liquidity is thin, so beware of sudden price spikes and liquidations from excessive leverage.