Saturday, 9 a.m. in Shanghai, and it’s cloudy. I open the market app: Bitcoin is still hovering around $77,000, roughly $77,100, and has barely moved on the day; Ethereum is sitting near $2,240. The numbers look quiet, but Friday’s sell-off is still fresh in my mind—Bitcoin briefly plunged to around $76,400, Ethereum dipped to around $2,170, and liquidations in the futures market surged to roughly $1.57 billion. Weekend liquidity is thin, and the market feels like a cup of coffee that hasn’t been stirred properly: calm on the surface, still swirling underneath.
The weekly chart tells it more plainly. Bitcoin has pulled back from around $80,000, down roughly 4.7% to 5.6% this week; Ethereum is down by about the same amount, roughly 4.7% to 7%. BNB and Solana are also under pressure, hovering around $700 and $94, respectively. Total market capitalization has shrunk to around $2.6 trillion. Someone asked me, “Should I keep an eye on the market this weekend?” My very down-to-earth answer: keep an eye on sentiment, but try to rein in the impulse to trade.
Honestly, weekends like this are the real test. Someone in the group posts a screenshot and calls it a “buy-the-dip window,” while someone else mutes everything for three days. I’d rather turn my screen brightness down a little and start with the facts: prices are recovering, but trading activity and positioning sentiment haven’t fully settled down yet. Thin liquidity means even a modest order can send a candlestick off course, so I keep “observing” and “acting” strictly separate—you can watch, but don’t panic. Refill your coffee when it gets cold; it’s more useful than scrolling through ten emotional posts in a row.
I’m not the type to wake up at three in the morning to an alert and place an order right away. I’m more likely to do two things: get a clear read on the volatility, then check whether my funding channels are working smoothly. A sharp Friday drop is most likely to expose not whether your view is right, but whether your money can get where it needs to go in time. Moving between stablecoins, US dollars, Hong Kong dollars, and brokerage accounts can be a hassle; once the bank window closes, your plan can leave you stuck watching from the sidelines. You may already have a weekend plan for monitoring your positions, only to get held up waiting in a currency exchange queue or for a deposit to be confirmed. That friction is more draining than the spread. Get your funding channels in order first—that’s what makes a calm review possible.
That’s why lately I’ve been bringing my everyday cross-border money management together in BiyaPay. It doesn’t tell me what the next candlestick will do; it just brings together multi-currency accounts, foreign exchange, cross-border transfers, funding and withdrawals connected to US and Hong Kong stocks, and virtual card needs for everyday overseas payments in one streamlined process. Its fees are relatively transparent, and transfers arrive on a schedule that feels more predictable, like local bank transfers. In a volatile market, these details matter more—you need a reliable channel, not a complicated workaround thrown together at the last minute. Keeping “watching the market” separate from “moving money” helps keep your emotions in check. When crypto is highly volatile, it’s a relief if fiat transfers can still arrive on time, exchange rates are clear, and you don’t have to jump between platforms so often. For someone like me, who follows both crypto and overseas assets, one less transfer means one less headache.
How will I spend the weekend? First, I’ll treat Friday’s pullback as a stress test: Is my cash buffer sufficient? Will transfer delays get in the way if I need to rebalance across markets? Am I observing the market, or letting volatility lead me around? Over the next few days, I’ll keep an eye on whether Bitcoin can hold in the 76,000–78,000 range, whether Ethereum continues to recover, and whether positions in derivatives keep cooling off. When indices and crypto prices move in the same direction, don’t treat “tech” or “crypto” as a single switch. It’s the structure, timing, and funding channels that make the difference.
What a lively finale to October. The market has reminded us, with more pronounced volatility, that volatility can amplify emotions—and put infrastructure to the test. For those of us keeping an eye on both crypto and overseas assets, getting our finances in order with a multi-currency cross-border tool like BiyaPay can make the weekend much easier. Tools make things convenient; discipline determines the outcome. That saying rings even truer when you’re watching the markets over the weekend.
The above reflects only my personal observations and experience, and does not constitute investment advice. Markets involve risk, so make decisions carefully. If you’re also following the markets this weekend, feel free to share how you’ve set up your funding channels.
