The U.S. Republican Party suffered a crushing defeat in the midterm elections, and BTC surged in the opposite direction to $81,000!
Sanma predicted yesterday that prices would keep rising, and today we can see BTC rallying more than $6,000 from $75,600. We also caught the whole move, opening a long position at $78,388 without overthinking it. By the time we woke up, the entire position had automatically hit take profit.
A lot of people who went short at the bottom yesterday probably got liquidated. Chasing shorts in a choppy market can often leave you deeply underwater. Even if prices pull back today, they’ll likely make another short-term move up.#BTC 👉🏻[Advance prediction record](https://app.binance.com/uni-qr/cpos/384583476220737?l=zh-CN&r=SDR9QGU2&uc=web_square_share_link&uco=YlhI6nVWAwXtxF1K2b4Utg&us=copylink)
As market tides ebb and flow, hot topics shift in an instant. Don’t let the noise unsettle you; calmly read the winds and seek opportunity. Protecting your principal comes first—avoid impatience and greed, and find peace of mind. May you all weather the turbulence, rise with the wind when the time is right, see your accounts flourish, and enjoy good fortune as you steadily move forward 📈
Why am I willing to hold BNCB for the long term? This isn’t a short-term speculation—it’s a bet on long-term value. Recently, I’ve been researching BNC and BNCB, which trades on Binance. Honestly, I’m optimistic about it not because of how much it has risen recently, or because of how many people are talking about it in the market. What I truly value are the assets behind it, its shareholders’ resources, management incentives, and the potential capital market value it could generate in the future. Here are the five core reasons I’m willing to hold BNCB for the long term. 1. I see a discount opportunity in the assets held in BNB’s treasury
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May you hold on to value and weather the cycles; make time your friend and compounding your answer. 🎁🎁🎁🎁 May you hold on to your positions and wait for them to bloom. May you stay calm in bear markets, avoid chasing highs in bull markets, and reap long-term returns. 🎁🎁🎁🎁
After bouncing from $1.8132, buyers have pushed the price toward $2.04 with rising volume. Both 4H and 1H charts show positive momentum, while MACD remains bullish. However, CAKE is now testing an important resistance zone. A confirmed breakout could support further upside, but a rejection may trigger a short-term pullback. I'll be watching how price reacts around $2.04.
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$FIRECAT is steadily rising📈—what a great feeling! Keep adding to your position! 😊 If you haven’t bought yet, hurry and get in—the earlier you buy, the more you can earn! Ongoing promotion online and offline!🧧🧧🧧🧧🧧🧧💰💰💰💰💰💰
$IDOL $IDOL Always short at the highs, always short at the highs
Just ask everyone if I'm right—take a look at my earlier posts.
I've said it so many times: that dog market maker is a premature ejaculator!
Follow my only X account: @lch24777319
Follow me! Once we reach 1,000 followers, I'll start a group and we'll snipe the dog market maker for free! Plus, there'll be surprise giveaways of pork trotter rice!
Distant peaks conceal their spirit, hiding their celestial grace. As clouds recede and mist clears, their beauty bears witness to the vicissitudes of time!
I've been bullish these past few days. Pretty awesome, huh? I said it wouldn't drop, and it won't. $ETH I'll start sharing trade signals tomorrow. Everyone, get your USDT ready. Start with 100 USDT, and only follow with what you can afford. I'll send a red packet 🧧 Good night, everyone.
BTC rebounded from a seven-week low of 75,600 to above 77,600, driven by greater clarity around expectations for the midterm elections. 10x Research put it plainly: the market is oversold and should bounce. But 78,000 is resistance, 76,000 is support, and the direction has yet to be confirmed. The November 6 nonfarm payrolls report is the week’s real pricing moment.
A contradiction has emerged in the leverage structure: total crypto open interest has fallen to $284.1 billion, a 12-month low; BTC liquidations on November 1 were just 0.22 times the 30-day average—everyone who was going to get blown out already has. But BTC perpetual funding rates are still at +0.0100%, meaning longs are still paying shorts. The positions have been cleared out, but the conviction hasn’t. Those stubbornly holding on are fuel for the next move.
The “nature” of ETF outflows is more telling than their “size.” BTC ETFs saw $741 million in outflows over seven days, while ETH ETFs saw $446 million over the same period—seemingly similar. But IBIT’s outflows came in a burst: $405 million in a single day, more than the entire market’s net outflows, while other issuers actually saw net inflows that day, offsetting them. ETHA’s outflows were a steady drain: outflows for the seventh consecutive day, accounting for about 76.7% of daily outflows, with no offsetting inflows on any of those days. Beneath the same appearance of “bleeding,” IBIT clients are rebalancing, while ETHA holders are exiting.
A deeper signal: addresses linked to BlackRock ETFs transferred 7,244 BTC and 63,600 ETH, worth about $702 million in total, to Coinbase Prime within an hour. Redemption pressure has moved beyond the figures on the books to on-chain execution.
On the regulatory front, the SEC issued a no-action letter to Canton Coin, stating that tokens generated by network activity may not need to be registered as securities. The legislative stalemate is in Congress; the SEC is drawing the regulatory boundaries one by one.
When looking at ETF data, don’t just ask “how much flowed out”; ask “who is selling, and how?” The size tells you how much pressure there is; the nature of the flows tells you where it’s coming from.
That’s all for this edition. I’m Chen Kai—see you next time.