October 10 Lucky Carp Morning Report:

1. $BTC finally pulled back, briefly hitting a low of 81k, then rebounded to around 83,000. The support level is indeed quite solid, and there is still room.

2. $ETH pulled back to 2400. There seems to be support there now, with a chance to push above 2500 again.

3. $SOL overall meme summer is back. All kinds of small-cap moonshots are popping up, and the price has returned to around 100, which is pretty good.

4. Bitcoin ETF saw a net outflow of 3,412 BTC, and Ethereum ETF saw a net outflow of 38,576 ETH;

5. The CFTC plans to explicitly include sports, political, and other event contracts in the definition of swaps;

6. XRP treasury company Evernorth completed its SPAC merger;

7. In a call between the heads of Russia and the U.S., Putin said Russia currently cannot resume negotiations with Ukraine;

8. Kalshi is investigating suspicious trading around bets on the White House's new press secretary pick;

9. Tokenized fund platform OpenETF launched the Hyperliquid testnet;

10. Trump is about to make a major announcement regarding diesel and reiterated that energy prices will fall after the war with Iran ends;

11. Tether froze USDT related to the Ledger theft case, with losses of nearly $90 million;

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Primary market: Many of the SOL-chain early winners from some time ago have held up pretty well, and they are all still above the million-dollar mark, now in a second wave of momentum.

Some new concepts have emerged, such as the quantum concept, which has run up to several million in market cap. Activity is very high, and the money-making effect is getting stronger, so it is worth watching.

On the BSC chain, grassroots promotion-style projects are increasing. It is obvious that more traditional players have entered, liquidity is still okay, and the lead traders who attended meetings should be coming back as well.

Nothing much to watch on Robinhood.

Secondary market

A sharp drop the day before yesterday, a rebound yesterday. The stronger altcoins even made new highs directly, while the weaker ones kept falling, so divergence has started to appear.

Wait patiently for the outcome. If you are really afraid, then don’t take such a large position. A large position affects your mindset, but a small position is basically like not betting at all — frustrating.

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