October 9 Futures Short-Term Recommendation $NEAR
Direction: Short
Initial position: 4.95–5.05
Take profit: 4.5–4.2
Rationale for entering the position:
News: The positive news about the NEAR spot ETF was fully priced in as soon as it was announced at the end of September. On October 1, NEAR Intents was hacked, resulting in losses of $3.8 million. Service has been disrupted and has yet to fully recover, undermining confidence in the network. Net outflows reached as high as $148 million in a single day, with major investors continuing to pull out.
Whale activity: Whales have placed sell orders totaling approximately $12.78 million on-chain. One account plans to sell 98% of its long position, making the intent of major investors to exit clear.
Technical analysis: The 1-hour MACD histogram is negative, and MA5 has crossed below MA20, with a bearish alignment beginning to form.
Where is the safest place to time your entry and set your stop-loss? If you’re unsure, head to the chatroom below 👇 and ask Lao Zhang.
#以太坊升破2500美元 #Solana计划将出块时间缩至200毫秒 #比特币跌破8.1万美元
$ZEC $WLD
Direction: Short
Initial position: 4.95–5.05
Take profit: 4.5–4.2
Rationale for entering the position:
News: The positive news about the NEAR spot ETF was fully priced in as soon as it was announced at the end of September. On October 1, NEAR Intents was hacked, resulting in losses of $3.8 million. Service has been disrupted and has yet to fully recover, undermining confidence in the network. Net outflows reached as high as $148 million in a single day, with major investors continuing to pull out.
Whale activity: Whales have placed sell orders totaling approximately $12.78 million on-chain. One account plans to sell 98% of its long position, making the intent of major investors to exit clear.
Technical analysis: The 1-hour MACD histogram is negative, and MA5 has crossed below MA20, with a bearish alignment beginning to form.
Where is the safest place to time your entry and set your stop-loss? If you’re unsure, head to the chatroom below 👇 and ask Lao Zhang.
#以太坊升破2500美元 #Solana计划将出块时间缩至200毫秒 #比特币跌破8.1万美元
$ZEC $WLD