⏰ Wednesday (the 14th) at 20:30: Major US CPI data 📊 The CPI year-over-year rate, CPI month-over-month rate, and core CPI will all be released together. What do you think of this inflation data? Let’s discuss 🤝
The hard road is never crowded. Many people choose the easy path, but the easy road usually leads downhill. ✨ The climb uphill is full of hardship and loneliness— sweat, exhaustion, and feeling misunderstood are all part of it. You don’t need to envy someone else’s shortcuts, or fear walking alone right now. Be patient through the times when no one notices, and make it through one difficult moment after another. The hardships you’ve faced will one day become part of the beautiful view you’ve earned. Take your time. Every step uphill counts. 💛
🐋 BTC, ETH & XRP Crash Triggers Whale Buying as Bullish Signals Emerge
📉 Crypto markets faced a rough week, with Bitcoin, Ethereum, and XRP suffering sharp losses. However, whale accumulation and fresh technical buy signals hint at a possible recovery.
🟠 Bitcoin (BTC): Whales Buy the Dip 📉 BTC plunged from $87,000 to below $81,000, driven by ETF outflows, macroeconomic concerns, and profit-taking. 🐋 Whales accumulated over $1.2 billion in BTC within 72 hours. 📈 The TD Sequential indicator flashed a 4-hour buy signal, suggesting a potential rebound.
🔵 Ethereum (ETH): Accumulation Continues 📉 ETH dropped from above $2,700 to $2,400, later recovering toward $2,500. 🐳 Whales reportedly bought around 166,000 ETH, increasing their holdings by 0.64%. 🎯 A bullish technical signal points to a potential recovery toward $2,620–$2,650.
⚡ XRP: Whales Seize the Opportunity 📉 XRP suffered double-digit weekly losses, falling to around $1.34 before rebounding. 🐋 Whales accumulated over 45 million XRP, worth approximately $63 million. 📊 XRP also flashed a 4-hour TD Sequential buy signal, raising hopes for a recovery.
🔥 Market Outlook 🚀 Whale accumulation and technical buy signals offer hope for a short-term rebound. However, buy signals do not guarantee a recovery, and continued volatility or further downside remains possible.
⚠️ Disclaimer: This content is for informational and educational purposes only, not financial advice. Cryptocurrency markets are highly volatile. Always conduct your own research before investing.
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On Monday, October 12, the main opportunities to watch are centered on XRP-related events and changes in APT's supply structure. XRP / XRPN (Evernorth Nasdaq listing) — Most prominent event Ripple-backed Evernorth (an XRP treasury company) has completed its merger with Armada Acquisition Corp. II, holding approximately 473 million XRP plus around $300 million in cash. XRPN is expected to begin trading on Nasdaq on October 12 (previously postponed from its original schedule due to administrative delays). This is the first major publicly traded pure-play XRP treasury vehicle, giving institutions direct exposure to the XRP ecosystem through shares and potentially boosting the institutional narrative and sentiment around XRP. A Nasdaq bell-ringing ceremony is also scheduled for October 14.
CPC Central Committee and State Council: Build a National Blockchain Network and a National Integrated Computing Power Network
According to Xinhua News Agency, the CPC Central Committee and the State Council issued the Opinions on Promoting the Development of New Quality Productive Forces. The Opinions call for promoting the deep integration of the real economy and the digital economy. They call for improving systems for determining data ownership, market transactions, benefit distribution, and rights protection; implementing pilot and demonstration projects related to data as a factor of production; and fully unlocking the potential of data. They also call for optimizing the planning, development, and operation of national data infrastructure; advancing the digital transformation of manufacturing; and implementing projects such as “East Data, West Computing,” intelligent manufacturing, and the innovative development of the industrial internet, as well as building a national integrated computing power network and a national blockchain network. The Opinions further call for improving policy frameworks to promote both the industrialization of the digital economy and the digital transformation of industries, and for developing internationally competitive digital industry clusters.