Láncè | October 8 Evening Crash Rewind
All three charts were fully green this evening. BTC “big pancake” dumped from 83,630 to 81,390; ETH “second pancake” fell from 2,586 to 2,453; SOL dropped from 117.12 to 108.70. Many people were still waiting for a rebound during the day, but at night they got buried.
$BTC
This sharp selloff didn’t happen out of nowhere. On the chart, the daytime rebound kept shrinking in volume; the momentum indicators at high levels have gone dull, and price has been grinding downward while sticking close to the moving averages—this is the classic “if it can’t go up, it will have to go down.” On the news front, the situation in the Middle East keeps escalating; oil prices have been pushed higher, and inflation worries have flared up again. The Fed’s September minutes leaned hawkish, and U.S. Treasury yields surged above 5.3%, causing funds to pull out of high-risk assets. As geopolitical risk heats up, risk-off sentiment rises—high-volatility products like SOL get hit first.
$ETH
What about the kǒngdan you’re holding? Hold on and you’ll still get a big gain, but don’t get greedy. Such a sharp drop is often accompanied by a sharp rebound—take profit when you should. If you’re trapped in dōdan, first look at your position size: if you’re heavily weighted, trim a bit on the rebound; if you’re lightly weighted, you can wait for stabilization signals—don’t rush to add and average down. Catching a falling knife and bottom fishing have never been the same.
$SOL
This kind of market is the best place to see timing. Didn’t I say earlier? I entered kǒngdan on SOL at 116.40 and held all the way to 108.70—this profit was taken steadily. It wasn’t luck; I understood the structure.
What do you think about this sharp selloff? Is it just short-term panic, or the beginning of a weakening trend? What do you think? #美债 #Oil price
All three charts were fully green this evening. BTC “big pancake” dumped from 83,630 to 81,390; ETH “second pancake” fell from 2,586 to 2,453; SOL dropped from 117.12 to 108.70. Many people were still waiting for a rebound during the day, but at night they got buried.
$BTC
This sharp selloff didn’t happen out of nowhere. On the chart, the daytime rebound kept shrinking in volume; the momentum indicators at high levels have gone dull, and price has been grinding downward while sticking close to the moving averages—this is the classic “if it can’t go up, it will have to go down.” On the news front, the situation in the Middle East keeps escalating; oil prices have been pushed higher, and inflation worries have flared up again. The Fed’s September minutes leaned hawkish, and U.S. Treasury yields surged above 5.3%, causing funds to pull out of high-risk assets. As geopolitical risk heats up, risk-off sentiment rises—high-volatility products like SOL get hit first.
$ETH
What about the kǒngdan you’re holding? Hold on and you’ll still get a big gain, but don’t get greedy. Such a sharp drop is often accompanied by a sharp rebound—take profit when you should. If you’re trapped in dōdan, first look at your position size: if you’re heavily weighted, trim a bit on the rebound; if you’re lightly weighted, you can wait for stabilization signals—don’t rush to add and average down. Catching a falling knife and bottom fishing have never been the same.
$SOL
This kind of market is the best place to see timing. Didn’t I say earlier? I entered kǒngdan on SOL at 116.40 and held all the way to 108.70—this profit was taken steadily. It wasn’t luck; I understood the structure.
What do you think about this sharp selloff? Is it just short-term panic, or the beginning of a weakening trend? What do you think? #美债 #Oil price