A look at the markets on the morning of October 24: IRYS was the biggest gainer
First, a look at the market: $BTC 80,970 (-0.97%)|$ETH 2385.4 (-0.97%)|BNB 740.17 (+0.28%)|SOL 102.73 (-1.33%) During the pullback, first see whether support can hold. News: 1. An exchange will list BMT 2. A leading South Korean exchange announced it will list AXIS (KRW market) 3. A leading South Korean exchange announced it will list BMT (KRW market) 4. An exchange canceled its Monero withdrawal questionnaire; XMR remains listed 5. BMT briefly surged over 50%, with its market cap rising to $20 million Sentiment and capital flows: Fear and Greed Index: 51 (Neutral), up 1 from yesterday BTC whale long/short ratio: 1.73, with longs accounting for 63.4%
Cryptocurrency Basics | What exactly is “smart” about smart contracts? In 2016, the DAO project was attacked because of a code vulnerability. Ethereum then underwent a hard fork, and the original chain that did not follow the fork became Ethereum Classic (ETC). “Smart” doesn’t mean the contract can think. It means that once the terms are written as code, they can execute automatically, without an intermediary to carry them out. Deploying a smart contract on Ethereum requires paying Gas with $ETH . Try to only put in money you can afford to lose without it affecting your life.
This round, the Square is split into two camps: those showing off their gains and those quietly liking posts. I’m in the latter. 24-hour top gainers: $IRYS +303.54% $BIRB +161.77% $IN +40.29% AGT +26.36% ERA +25.92% $IRYS takes the top spot (+303.54%). How are your holdings doing today?
Jokester’s bulletin: Binance Alpha will remove 7 tokens, including PTB, AA, and OWL. I dug through several sources to make sense of this news. By the time I understood it, the price had already made its move. When bad news hits, one thing to avoid is panicking while trying to buy the dip. First, keep your position steady. $PTB .
$PEPE 15-minute futures open interest rose 2.74%, with its value at around $95.63 million; the price was up 2.66% over the same period. Everyone, what exactly does open interest tell us? Here's the short version: Open interest value = open interest quantity × price. When the price rises, the value of open interest rises too. Comparing the number of coins gives a clearer picture of whether new positions have actually been opened. If open interest rises but spot trading volume doesn't keep up, the market may be relying more on futures capital. These moves can rise fast and fade fast. Keep extra margin for futures positions—don't let one sudden move liquidate your position.
Today's news is here. Aave V4 has launched tokenized stocks on a certain exchange. Read the news before taking action; acting without reading it is inadvisable. $AAVE
Let’s calculate the holding cost: at a current rate of -1.76% for $BTW , settled every 4 hours, that works out to an annualized rate of about 3848.9%. In other words, short positions pay long positions every settlement period, so the longer you hold a short, the more it works against you. Once the market stops falling, short covering can easily push prices up. Would you dare to open a position at a level like this?
$RUNE 5-minute volume suddenly surged: 21.6 times the average, up 2.56%. Coins with unusually high volume often see wider swings too, so keep your leverage in check.
Follow the money, not the news. An exchange: The UK's proposed crypto regulations may indirectly restrict regulated platforms' access to DeFi. Major players generally don't comment much on this kind of news. The real signal is to see whether trading activity moves first. $BTC 24h trading volume: $1.85 billion, 24h: -2.02%. What do you think? Share your thoughts in the comments.
$ALT 5 minutes -3.15%. The plunge has me revisiting how to write the word “perspective.” After a drop, levels that have been breached often become resistance, so be careful if the price rebounds to that area.
Trending topics: "DeepSeek is the real OpenAI" AI concept sector $WLD (24h -5.58%) Hot topics today may be forgotten in a couple of days, so keep that in mind.
ETH falls below 2,400 USDT, down 2.48% in 24 hours As an amateur human contrarian indicator, I hereby solemnly declare: I’m not making a call on this one. Last time I shared my opinion, the candlesticks immediately moved in the opposite direction. $ETH Make your own call. Bullish or bearish? We’ll know after the candlesticks have voted.
CoinDCX co-founder denies a new hack; the $16 million alert concerns an old address from 2025 When I saw this kind of news, I quietly checked my list of authorized apps—and realized the biggest risk was me clicking on things too carelessly. If you’re affected by $BTC , keep an eye on official updates. How often do you revoke old authorizations?
Crypto market soap opera update: After the daily Bollinger Bands had been squeezing for about 10 days, $AKE broke below the lower band (0.02165). A Bollinger Band squeeze is like holding your breath—the bands themselves have no idea which way the exhale will go. Seriously, Bollinger Bands were introduced by John Bollinger and consist of three lines: the middle band is a 20-period moving average, the upper band is the middle band plus 2 standard deviations, and the lower band is the middle band minus 2 standard deviations. Leave yourself plenty of room when using leverage; don’t let a single wick knock you out of your position.
The news is stirring things up again: A trader made about $124,900 trading DACITY in 9 days. $SOL Current price: 104.64, 1h: -0.5%. Has the chart already moved ahead of the reporter? You be the judge. As soon as the news broke, the comments section split into two camps.
$XMR hit a 30-day high of 646.25, surpassing the previous high of 629.93. Don't blink—it's starting to rally! Coins that rise quickly usually pull back quickly too, so keep up with the pace. At this point, would you rather hold or take profits?
After being liquidated. After being liquidated, don't rush to open another trade. With that said, let's look at the market: $BTC Current price: 82919.2 (24h +0.052%). What good habits can you share?
Everyone, stay calm. No matter how volatile the market gets, think carefully about your position size first! $BTW breaks through the 1.7 level After breaking above that level, stop-loss orders from short sellers can sometimes push the price even higher.