I’ve finished reading the minutes from the Fed’s September meeting. To put it simply, it boils down to two words: wait and see 😂
Here’s a quick translation: Most officials think they’ll need to raise rates once more this year, but they’ll hold steady in October. They’re not in a hurry to keep hiking back-to-back and want to look at more data. It’s like they’re still holding the “gun,” but aren’t pulling the trigger just yet 😂
Why is that? Because the “number two” and “number three” bigwigs (Vice Chair Jefferson and New York Fed President Williams) had already signaled that there was no rush to hike and that they had time to assess the situation. The market bought it, too: the odds of an October rate hike fell from around 70% to around 20%~
Some people might ask: Is today’s crypto-market drop related to these “meeting minutes”? I think it’s somewhat related, but I’d say they were only an “accomplice” 😂
I think the immediate trigger was the surge in U.S. Treasury yields~ The 10-year Treasury yield broke above 5.36% intraday, while the 30-year yield hit 5.73%—both at their highest levels in 20 years. When bond yields rise, money flows out of high-risk assets and into bonds. Assets like $BTC , which are especially sensitive to liquidity, take the first hit~
The most brutal blow came from “leveraged liquidations”~ Over the past 24 hours, around $550 million to $690 million worth of positions were liquidated in the crypto market, more than 92% of them long positions.
So who was the “biggest victim” in this wave? That would definitely be $ETH . ETH liquidations totaled $250 million, the most of any coin, with 94% of those being long positions. BTC liquidations totaled $185 million, and longs also accounted for 94%. The share of long positions liquidated in XRP and $SOL was over 96%. What does that tell us? That the market was too crowded with bulls, all crammed onto one side of the boat 😂
Personally, I think: This “no rush” stance isn’t dovish—it’s about managing the pace. Inflation is still hovering above 3%, and AI investment is pushing up costs, so the Fed can’t really let up. Hiking rates consecutively could wreck the economy, so they’re spacing out the moves and waiting for more data before they “act”~ Also, macro factors were just the backdrop for this drop; leverage was the main cause. But liquidations aren’t necessarily a bad thing. They’ve cleared out weak hands and flushed out leverage, which could actually set the stage for the next wave of investors to start fresh~
So don’t rush to buy the dip just yet—wait for a signal. Wait for trading volume to shrink, prices to stop making new lows, and the long/short ratio to return to normal~
What do you think? Feel free to share your thoughts in the comments 🥳 #美联储纪要聚焦10月暂停加息 #比特币跌破8.4万美元
[LIVE] 🎙️ Build Binance Square, Hold BNB | Thursday: Lots of long positions were liquidated over the past 24 hours. How are you holding up? Let’s chat.
🌅A New Dawn|Only by enduring the quiet can we see the light✨ Markets never offer uninterrupted gains; more often, they demand long periods of preparation and patience📊 There’s no need to envy others’ short-term gains—everyone has their own window of opportunity.
Sharpen your understanding, manage your pace, stay humble and patient, and avoid blindly following the crowd🌱 Focus on the present and build steadily; time rewards those who persevere. A new day begins. Stay focused and keep moving forward—let’s do this together🌻🌻 #交易心理
#比特币跌破8.4万美元 Markets don't move in one direction forever. Where there's a rise, there will be a pullback. No trend lasts forever. Rallies always come with pullbacks. $CRCLB
$BTC $ETH Guys, stop guessing. This crash was all that old bastard Trump’s doing! 🚨
The on-chain data nails it: in the early hours, a U.S. government wallet dumped a hundred million worth of crypto straight onto an exchange. And I mean dumped it straight onto the market! That’s not all—I dug into their wallets, and they’re still sitting on 27.4 billion worth of crypto they haven’t touched! 27.4 billion, guys. That’s a damn nuclear bomb hanging over our heads. 🚨
How did the market react? It freaked the hell out. Whales ran faster than rabbits, retail investors were left clueless and panic-sold right along with them, and liquidity dried up in an instant. Of course it crashed. 🚨
Trump talks about supporting crypto, but then pulls this behind the scenes? Let’s be real: the government seized these coins years ago, and now they need money, so they’re dumping them—who cares if the market lives or dies. Decentralization? In the face of power, it’s all a joke. 🚨
What’s the scariest part now? If they slowly unload that 27.4 billion, it’ll be death by a thousand cuts—a slow bleed that’ll make you want to die. So don’t rush to buy the dip. First, see what move the old bastard makes next. 🚨
Anyway, remember: Trump’s to blame for this whole crash. Don’t make things harder on yourself. 🚨#SEC批准3倍比特币ETF上市 #美联储纪要聚焦10月暂停加息 #Evernorth推迟纳斯达克上市至10月12日
It’s not always the right time to increase leverage.
The conditions that typically make it worthwhile to take on more risk are:
① A major opportunity emerges ② Market volatility is low enough ③ The market structure is clear enough ④ Confirmation from the right side has already arrived
In a market like this, which is resting and consolidating after a rally, the most important thing isn’t to keep increasing leverage. Instead:
Manage your leverage and position size, and patiently wait for the next opportunity.
Go on the offensive when an opportunity comes; stay defensive when it doesn’t.
Trading isn’t about who takes the most risks, but who has enough ammunition when an opportunity arises.
Manage risk to stay in the game longer; stay in the game long enough, and you can catch the truly big moves.
#币安推出BinanceIntelligence I attended Sister Yi’s event too. Not only did I attend, I also sent her a tip to show my support. A girl from Chongqing sends her love to Sister Yi ❤ I’ll learn from her, get closer to her, and become like her 🥰 @Yi He
#MUA 🍃A broad heart embraces the world; humility and kindness bring benefactors; compassion brings blessings; virtue makes a family thrive; sincerity brings good friends; and goodness finds kindred spirits. $BNB Good morning and blessings 🌹🌹🌹
Singapore sent a strong signal over the past two days: three pieces of the tokenization puzzle are starting to come together
From October 6 to 7, three signals emerged in Singapore that are worth looking at together. On October 6, Digital Assets Summit 2026 was held at the Singapore Exchange Centre. The focus of discussion had shifted from “Can assets be tokenized?” to “Can tokenization create real markets?” On the same day, Singapore-licensed digital asset platform DigiFT launched tokenized interests in a U.S. Treasury money market fund managed by Fidelity Investments. On October 7, TOKEN 2049 Singapore opened, with traditional financial institutions such as Nasdaq, BlackRock, Morgan Stanley, Fidelity, and ICE taking part directly in the agenda. Discussions covered how institutional finance can move on-chain, how tokenized assets can achieve global liquidity, and how on-chain settlement can enter traditional capital markets.