【10.11 Weekend Review】Crypto Markets Under Geopolitical Clouds
1️⃣ Sentiment: Polymarket data shows that the odds of BTC falling below $70,000 this year have surpassed the odds of it returning to $100,000, signaling a clear deterioration in market sentiment.
2️⃣ Geopolitics: 15 oil tankers have been attacked in the Strait of Hormuz since September 28. U.S. military aircraft destroyed a non-compliant merchant vessel, driving up oil’s risk premium and keeping risk assets under sustained pressure.
3️⃣ Industry: OKX founder Star Xu questioned whether leveraged USDe loops were the culprit behind the “10/10” crash: delta-neutral strategies ≠ zero risk, prompting renewed scrutiny of exchange risk controls.
4️⃣ Flows: Whales withdrew $31.93 million worth of $ZEC from Binance and Kraken in a short period; $FIL is approaching the end of its 6-year unlock schedule on October 14, with annual releases set to drop 77%.
5️⃣ Ecosystem: $AVAX 9 monthly DEX trading volume reached $3.75 billion, up 83.7% month over month; Arbitrum led all chains with stablecoin supply growth of $127 million in 24 hours.
With leveraged positions still being flushed out and geopolitical disruptions ongoing, position management matters more than buying the dip.
NFA | DYOR
#BTC #加密货币 #Web3 #ZEC #AVAX
1️⃣ Sentiment: Polymarket data shows that the odds of BTC falling below $70,000 this year have surpassed the odds of it returning to $100,000, signaling a clear deterioration in market sentiment.
2️⃣ Geopolitics: 15 oil tankers have been attacked in the Strait of Hormuz since September 28. U.S. military aircraft destroyed a non-compliant merchant vessel, driving up oil’s risk premium and keeping risk assets under sustained pressure.
3️⃣ Industry: OKX founder Star Xu questioned whether leveraged USDe loops were the culprit behind the “10/10” crash: delta-neutral strategies ≠ zero risk, prompting renewed scrutiny of exchange risk controls.
4️⃣ Flows: Whales withdrew $31.93 million worth of $ZEC from Binance and Kraken in a short period; $FIL is approaching the end of its 6-year unlock schedule on October 14, with annual releases set to drop 77%.
5️⃣ Ecosystem: $AVAX 9 monthly DEX trading volume reached $3.75 billion, up 83.7% month over month; Arbitrum led all chains with stablecoin supply growth of $127 million in 24 hours.
With leveraged positions still being flushed out and geopolitical disruptions ongoing, position management matters more than buying the dip.
NFA | DYOR
#BTC #加密货币 #Web3 #ZEC #AVAX