$ETH Took a look at ETH’s candlestick chart. Honestly, it made me want to laugh.
A few days ago when it surged to 2806, the group chat was full of people saying 3000. Today it’s fallen back to 2640, and the same bunch started shouting 2500.
Looking at the derivatives data, the big players’ long-to-short ratio based on open interest has dropped from 1.67 to 1.45. But on the retail side, the ratio of number of longs vs shorts jumped from 2.13 to 2.91. The big players are reducing positions and running, while retail traders are疯狂拼命疯狂抄底.
Next, look at open interest: it’s fallen from 4.87 million ETH to 4.53 million. Leverage capital is withdrawing, but the price hasn’t collapsed—this suggests spot demand/absorption is still holding up. The funding rate is 0.0052%, basically zero. Nobody is willing to add leverage and bet on direction.
The 1-hour RSI got hammered down to 26, so the short-term is indeed oversold and could bounce at any moment. But the daily RSI is still 53—on the higher timeframe, it’s not really “cheap.”
For now, I’m holding spot and not touching the contracts. I’ll wait until it consolidates around 2600 on declining volume for a few days—then we’ll see whether it’s truly supported or just pretending to be. If it holds, we’ll talk. If it doesn’t, then we should head to 2500.
When it goes up, don’t chase. When it drops, don’t rush to buy. This market is never short of opportunities—the real scarcity is patience.
This number itself isn’t unusual—the surprising part is that it’s still rising even after ZEC has already multiplied several times in value
Usually when a coin has gone up a lot, funds will pull out. But this Grayscale ETF’s scale is still moving higher. What does that mean? It means the money coming in isn’t just short-term speculative funds—it’s long-term allocation capital
That also suggests ZEC’s pricing power could change. Previously, the market was mostly trading halving and privacy within the crypto community. Now traditional funds are buying in too. This implies two things:
First, the rally may last longer than expected, because institutional buy pressure isn’t a one-off wave
Second, once institutions stop buying, the drop could be harsher than expected, because retail holders can’t hold the market up
So I’m not really looking at the K-line charts right now. I’m watching Grayscale’s holdings data instead. If it keeps increasing, I’ll keep observing. If it starts to decrease, then I’ll consider whether to make a move
1444 people are making money, 486 people are losing money; ZEC’s contract data now
For the profitable group: average entry cost is 1100, with unrealized profit of $148 million, and the profit rate is 72%. For the losing group: average entry cost is 1382, with unrealized loss of $5.64 million, and they’re still holding on.
At first glance, it looks pretty normal—there are more people making money, right? But if you calculate carefully: the profitable group’s average position size is 475M divided by 1444, about 329,000 U. The losing group’s average position size is 41.72M divided by 486, about 86,000 U. That means the profitable group’s average position is nearly four times that of the losing group.
More importantly, consider the cost: 1100 versus 1382 is a difference of nearly $280. And the current price is only 1598. The bottom group has an absurdly thick safety cushion, while those who entered above 1382 are already close to being trapped.
Funding rate is 0.01%, basically zero. Nobody is adding leverage to chase longs, and nobody is wildly shorting. The price is just slowly being pushed up—up 3 points, quietly.
This kind of structure is great for those heavily positioned at the low end. The small positions that entered at the high end are just hard-holding. If price continues higher, the short side may feel pressure; if it drops, the people who just chased in will be the first to feel uncomfortable.
$BTC now around 85,400, having retraced about two thousand dollars from the prior high of 87,385. From the data, open interest has fallen steadily from $19.2B to $17.2B, a drop of more than 10%
So what does this indicate? Leveraged long positions are being forced to liquidate—especially the earlier profitable positions that are locking in gains
More importantly are the big players’ moves. Looking at the long/short ratio by their position size, it has dropped from 2.32 to 1.90. The large holders are quietly reducing exposure or even flipping to short. In contrast, retail investors’ long/short ratio has been hovering around 1.0, which suggests they’ve gone “flat”—they don’t dare chase longs and they also don’t want to short excessively
Technically, the 1-hour RSI has crashed to 23, extremely oversold. A small rebound could happen at any time in the short term. But don’t get too excited yet—the daily RSI is still up at 75, implying that the larger-cycle correction may not be over
In this kind of leveraged “washout” market, it often takes several days to digest the selling. Once it stops falling and we see a low-volume sideways consolidation, then consider slowly picking up some spot
The Clarity Act was rejected, but the SEC opened an even bigger door for Bitcoin? Just last Wednesday, after Congress flat-out rejected Clarity, the SEC suddenly made a move and rolled out a five-year “innovation exemption,” allowing eligible platforms to truly move U.S. exchange-listed stocks like Apple and Nvidia onto the blockchain for trading—including dividends and voting rights. In other words, whether the Clarity Act passes or not doesn’t matter. I’ll just treat it as if it passed—because the SEC says so! Look at this—this is official, national-level backing, and the market has already answered immediately: Bitcoin is back above $80,000, rising more than 5% at one point during the day. Crypto-related stocks rebounded in sync. Add the recent positive developments from a U.S.-China meeting, and the trend immediately starts to reverse. Bitcoin then quickly tests the major double-top resistance again around $82,000. What’s even more interesting is that before the SEC’s announcement, the always-stubborn JPMorgan quietly flipped its stance. It said: Bitcoin ETFs are currently still weighed down by a whole bunch of shorts and hedging positions. Once those positions ease and begin to unwind, Bitcoin’s upside momentum could even be more ferocious than gold. So the situation right now is this: Congressional legislation can’t get through for the time being, so the SEC and CFTC will push forward using their regulatory authority instead—and the end result is the same! On top of that, Clairty will also review the decision again in a few months. By then, the crypto market will definitely catch another wave of heat—could we be talking about a 10,000-point surge?
This morning I checked the news—the Clear Act was not passed by the Senate.
Unexpected, but in a way it also makes sense.
In truth, anyone paying attention to this bill knows that the two parties have never been able to agree on many key issues—conflicts of interest, stablecoin regulation, anti-money-laundering… They’ve been going back and forth for nearly two years. This time the vote failed; bluntly, it’s the result of political maneuvering and has little to do with the crypto industry itself.
But the market doesn’t care about that. As soon as the news broke, BTC and ETH collectively plunged, and Coinbase’s stock price dropped by 10 points. All sorts of “experts” came out again—calling for a bear market, predicting a collapse, saying regulators should crush the crypto space. It’s exactly the same script as every time there’s a negative headline.
I don’t think there’s anything to panic about.
First, this isn’t a rejection—it's just that it didn’t pass a procedural vote. Later it can still be revised and voted on again. Second, even if the bill dies, the sky won’t fall. Crypto has not been living its first day under uncertain regulatory conditions. For all these years, haven’t we made it through?
Besides, what truly affects crypto’s long-term trajectory has never been any single bill or policy. It’s always been the development of the technology itself and people’s demand for it. Those who need to use it will still use it. Those who want to buy will still buy. Short-term sentiment swings, when you zoom out, are just small waves.
Of course, the risks that should be avoided in the short term should still be avoided. Reduce position size a bit if you’re heavily allocated, lower leverage a bit if it’s high, Don’t fight the market.
At 4 p.m. I’ll chat in the group about what exactly happened with this bill and what impact it may have on the future行情. If you’re interested, come and join.
🟣 ETH Market Update — Ethereum Back Above $2,700 🚀
Ethereum is back in the spotlight as $ETH recently moved above the $2,700 level, with market data showing a strong recovery from the September 18 area. ETH reached around $2,702 on September 21, while recent analysis is watching the $2,650–$2,700 zone for continued price confirmation. (Binance)
The key question now is whether ETH can hold the higher levels with healthy volume or face another short-term pullback. With crypto volatility still high, price action and volume remain important signals to watch. 📊
1️⃣ **Follow MAHI BNB** ✅ 2️⃣ **Like & Comment “ ETH ** ✅ 3️⃣ **Repost This Post** 🔄✅ 4️⃣ **Stay Tuned for the Next Gift 🎁🧧** ✅ 🔥 ETH is moving again — are you watching Ethereum? 👀 $SOL $NVDAB
🚨 BNB is quietly strengthening, but what’s really worth watching may not be how much it’s going up.
It’s that—
the market is re-pricing the ecosystem value of $BNB.
One clear recent change is:
🟡 BNB trend keeps strengthening 🔥 BNB Chain on-chain activity is rebounding 🌐 Applications like DeFi, RWA, and more continue to expand 👥 Users, capital, and developers are re-concentrating
So the question now isn’t:
“Can BNB still go up?”
It’s:
Is this just a price rally driven by sentiment—or an ecosystem revaluation?
If it’s only emotion driving the move, the heat will fade.
But if on-chain activity, capital, and applications keep growing, this BNB trend could be more worth关注 than you might expect.
Next, I’ll only watch three signals:
On-chain activity → capital inflows → ecosystem growth.
Who wants free Ethereum sent straight to their wallet today? No fluff, no complicated steps—just pure rewards for the community. 💰✨
We are celebrating the unstoppable #Bilverse Army, and it only takes 5 seconds to secure your spot:
1️⃣ Follow: Hit that follow button on @Bilverse 👥 2️⃣ Comment: Drop “ETH” in the comments below 👇 3️⃣ Tag: Tag a friend who needs a crypto win in their life! 🫂
💡 Why Sit on the Sidelines?
Crypto rewards don't wait for anyone. Dive in, bring your friends along, and join the mission with the fastest-growing community in Web3.
🎯 Effortless entry 💎 Real rewards waiting 🌎 One community, one mission
Get involved right now, spread the energy, and let's win together! 🚀🔥
#ETH #CryptoGiveaway #RedPacketMission
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.