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Well, this time we're in trouble. After this incident, SOL has become the weakest of the mainstream coins, much weaker than ETH and BTC.
I thought this was over, but it turns out it was only just beginning. Now they're short on money too, so I guess they'll find another excuse to issue fines this time. #非农就业数据推升加息预期 #CPI前瞻,12月利率走向迎关键考验
$SNDK An unexpected black swan in the stock market—$KORU dropped 40% in a single day! Never seen anything like it 😭 I just can't keep buying the dip, I'm going to cry T﹏T Someone save me
Saw two big guys get liquidated. I wonder if they jumped
I'm so awesome! Is the Earth about to explode💥? Tonight's market is breaking my heart❤️🔥—how can it drop so much!😭 I don't dare open my phone to look… #BTC跌破77000美元
$ETH $SNDKB $BTC Could the butterfly effect of Trump's midterm election defeat really be arriving this quickly?
According to Fortune, Democrats are preparing to investigate the Trump family's crypto business. WLFI could be among the first targets, and even CZ's earlier presidential pardon is under review.
What kind of luck is this, Big Cousin? Just managed to get a pardon, and now the political landscape has shifted, so old cases may be dug up again.
What's even more entertaining is that Binance has already been caught up in one controversy after another lately, and now there's another layer of political uncertainty.
Isn't this the crypto world's version of getting two birds with one stone? Before one wave has even settled, the next one is already here.
But an investigation is just an investigation. A pardon doesn't automatically become invalid just because Congress changes hands, and it certainly doesn't mean CZ will necessarily go to prison again.
What I'm most curious about now is how far the Democrats' fire will ultimately spread?
$ETH $SNDKB I think Sun has really gotten carried away. Now that Trump has lost, he wants to kick him while he’s down. He spent $75 million buying a get-out-of-jail-free card from Trump back then,
and now he’s actually filed a motion in federal court demanding sanctions against the Trump family business!
This aggressive pump has left the shorts questioning their life choices!
Tonight’s short squeeze in the broader market probably wiped out quite a few more shorts
Especially when I saw Aoying’s long string of stop-loss records, I was stunned. Tens of thousands, even hundreds of thousands of U, getting cut loose—the loss records were packed together
The shorts’ stop-loss orders probably provided plenty of fuel for this rocket to fly so high
$ETH Ethereum had a wick of over a hundred bucks in a minute. Anyone know what happened? I guess this wick probably liquidated just about everything that was going to get liquidated.
Everyone, go take a look quickly. It’ll probably be gone by tomorrow. #插针
$BTC $ETH That was close! Good thing I didn’t decide to hold on. I shorted at 78000 this morning and closed at 75750. I didn’t expect it to be the bottom—while I was asleep, it made another V-shaped recovery.
The employment figures will be released at 9:15 tonight. Based on expectations, the data should be positive. Hopefully Bitcoin can ride the momentum, break through 80000, and hold above it. But I don’t think that’s very likely; we’ll probably see at least one more pullback. The resistance here is too strong. #美国中期选举:市场有哪些期待? #美国10月非农出炉:降息还有戏吗?
$BTC $ETH The midterm elections are happening today, and the market currently puts Trump's odds of winning at only around 10%, but I really hope he wins!
He's already 80 years old, yet he's still personally hitting the campaign trail and giving dozens of speeches. If he loses, almost all of his power will be stripped away. I've gradually come to like the old guy over time, and I really don't want to see him get screwed over.
It would also be good for the crypto market if he wins. He's a president who's very supportive of cryptocurrency. When Binance was hacked for billions this time, he even personally stepped in to recover the funds. #中期选举 #美国中期选举倒计时,美股博弈窗口已开启?
$ETH $SOXLB Is this that Sun the scammer, showing up overnight to milk Binance for its perks?
Justin Sun scraped together 140 million USDC overnight and deposited it into Binance, with his sights set on this wealth-management promotion offering up to 10% annualized returns.
Even Big Bro couldn’t bring himself to deposit—he left the allocation for everyone else. This asshole’s already loaded and he’s still here trying to grab a share!
It’s dropped again! Here’s a bold prediction: BTC’s 76,000 and ETH’s 2,200 may both fail to hold! If I’m right, I’m a genius; if I’m wrong, just forget I said anything.
BTC is now hovering around 76,900, and ETH around 2,248. Both are being held down by the medium- and long-term moving averages. The rebounds are getting weaker and weaker, and it’s clear the bearish structure is still intact.
Here’s my bold prediction: BTC will break below 76,000, and ETH will break below 2,200. ETH in particular couldn’t even hold above 2,310 during its previous rebound before getting knocked back down again, which shows that selling pressure overhead is still very heavy.
But I don’t think this bull market is over just yet.
I believe the level that will truly determine where the market goes next is BTC at 74,000.
As long as this key support at 74,000 doesn’t break decisively, I’m still inclined to view this decline as a deep correction within an uptrend, rather than an outright shift into a bear market.
If 74,000 also fails to hold, and the daily candles close below it for several days in a row, then we’ll need to reassess the medium-term trend. We can’t keep blindly calling it a bull market.
As for what comes next, I’m actually leaning toward the market having a chance to make another major upward move after the U.S. midterm elections—at least back toward the previous high.
Just posting this for my friends—this is not investment advice! ⚠️
Honestly, Binance’s response this time is kind of moving
Binance was hacked for $6.3 billion this time. Do you realize how much that is? We’re not talking tens of millions or a few hundred million—it’s an astronomical sum, enough to bring many exchanges down outright. It could even be equivalent to a large exchange’s entire annual profit.
Yet Binance not only promised to cover users’ losses, but—before the situation was even fully resolved—also put up 20 million USDC for a promotion, plus another 100 USDC in fee-rebate vouchers.
Of course, the 20 million isn’t being handed out for free. Everyone still has to meet requirements like trading volume. But at least they’ve put up a genuinely huge prize pool.
Now look at a certain O exchange. The more I think about it, the angrier I get.
I took part in one of their prediction promotions before, and after putting in all that effort for so long, just as the promotion was about to end, they suddenly told me my account didn’t meet their requirements and I couldn’t claim the reward.
I was so pissed! It wasn’t even hundreds or thousands of U—just 5 U.
Do I really care about that 5 U? No! It’s about how the platform treats its users.
You can set rules, and you can review accounts, but the rules should be made clear in advance—not after users have already spent time taking part, only to be told at the end that they don’t qualify.
Of course, Binance isn’t without its problems. It’s paid plenty in regulatory fines over the years, and there really have been security vulnerabilities on the platform. This hack absolutely needs to be investigated and accountability taken seriously.
But those are separate issues.
When an exchange is doing well, handing out perks to users isn’t much of an achievement. What really puts a platform to the test is whether it’s willing to take responsibility when something serious happens.
At least in this case, I think Binance really deserves a thumbs-up.
At the end of the day, users have never wanted just rewards—they want to be treated with respect.