A song called “Drowning Sorrows” for Jensen Huang, and for everyone in crypto whose accounts have taken a hit lately. From the whole internet watching the drama unfold to now, all that’s left is a faint sadness. After 33 years of taking NVIDIA to the pinnacle of AI, it’s truly a shame to see him leave this way. This latest crypto downturn has hit even harder: liquidations, drawdowns, and losses everywhere. Whether it’s turbulence in computing power or the ups and downs of the crypto market, sometimes all you can do is turn to a song to lift your spirits. I hope everyone can bounce back soon.,$BTC ,$ETH ,$ZEC ,#加密美股齐跌,下轮反弹的驱动力在哪? ,#黄仁勋辞任CEO,英伟达战略走向受关注 ,#AnthropicIPO认购达约6倍,或创上市融资纪录
This rebound looks a bit stronger for $ZEC . Let’s take another look at $BTC —$ETH is still really weak! So keep holding those short positions; it’s hard to call the bottom! There’s nothing in the news in the short term that could provide a boost. Maybe it really needs to fall all the way down and become a value buy, with bargains everywhere! Hang in there 😥 When it bottoms out, I’ll go long. Next time, I might focus on ZEC and Pepe the Frog (PEPE) 😄 As for the primary market, of course there’ll be community meme coins, like the little Havana dog on the mainnet 🐕🦺#加密美股齐跌,下轮反弹的驱动力在哪?
📊 PPI Data Breakdown: The Delicate Balance in Inflation’s “Last Mile”
October U.S. PPI is out, and the data contains three key signals:
1️⃣ Still elevated overall, but improving at the margin: Year-over-year inflation was 6.5%, which is high, but the month-over-month figure came in below expectations, suggesting upstream inflation “didn’t get any worse.”
2️⃣ Core PPI stabilizing: The month-over-month increase of 0.3% was in line with expectations and didn’t accelerate further—that’s good news.
3️⃣ Market reaction: Treasury yields edged down, and the probability of a 50 bp rate hike in December fell.
Impact on the crypto market:
✅ Short term: The data didn’t come in scorching hot, giving risk assets ($BTC /$ETH ) a chance to catch their breath. The outlook is neutral to slightly positive.
⚠️ Medium term: Core inflation is still 5% year over year. High rates may persist for longer, and a liquidity reversal is still a ways off—don’t go all in blindly.
Trading advice:
Keep an eye out for opportunities on dips, but manage your position size carefully. A genuine reversal will require consecutive confirmation from CPI and PCE.
💥1011|Leverage death sentence: BTC 122k→102k, 19.3 billion liquidated in 24h (1.6m+ liquidations) → hit leverage
🚨10·30|Credit confidence shattered: Unusual outflows from Binance; SAFU backstop/PoR replenished, users aren’t left holding the bag → hit trust in CEXs
🦢1111|Narrative shake-up: Jensen Huang resigns, NVDA down 14% premarket, $BTC breaks below 70k → hit the AI narrative
🔢One year flushing leverage, one year flushing platforms, one year flushing faith.
📊Logic: De-risking → revaluing self-custody → breaking single-point faith (waiting for the 11/17 earnings report).
History: +150% after FTX, +302% after 312. A black swan is a repricing switch, not the end of a bull market.
🎯View: BTC: 70k is make-or-break/68k is the final flush; reclaiming 73k ends the panic. Be cautious about buying altcoins before $ETH 2000. Strategy: Avoid leverage; scale into spot below 70k; survive November and wait for Q1. $ZEC , #加密美股齐跌,下轮反弹的驱动力在哪? , #AnthropicIPO认购达约6倍,或创上市融资纪录 , #黄仁勋辞任CEO,英伟达战略走向受关注
$ZEC really starts with an 8 now—are you still holding your short? $ETH set the limit price for the short too high, so it didn't get filled 😩 $BTC has also broken below 70000 The market is just a grind right now; don't try to catch the bottom too soon! #加密美股齐跌,下轮反弹的驱动力在哪?
will win 张
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Bearish
$ZEC Looks like it really is going to start with an 8. Holding my short position tight 😄 $ETH has also placed a short order—not sure if it’ll get filled! Hope it’s a case of breaking through to make way for a fresh start. Let it drop hard! Otherwise, being stuck in limbo is miserable! Keep an eye out for opportunities in small 🐕🦺 related to the Musk concept. A quiet market is also a good time to build! $1000PEPE #黄仁勋辞任CEO,英伟达战略走向受关注
🚨 Crypto plunged again! Triple-selloff convergence—will the bulls be wiped out overnight?
🔥 The trigger:
Nvidia’s “Huang Boss” suddenly quit without another job lined up! $NVDAB flash-crashed, dragging tech stocks down with it; $BTC lost 70,000, and $ETH fell below 2,000, sending risk assets tumbling across the board.
💀 A cascade of liquidations:
$720 million liquidated across the crypto market in 24h! Longs accounted for 90%—leveraged traders got precisely wiped out, while altcoins bled heavily.
📉 Macroeconomic blow:
US CPI came in hotter than expected (0.4% vs. 0.3%), reviving the “higher for longer” narrative and sending money fleeing crypto for cash.
🎯 Key levels:
• BTC: 70,000 is the make-or-break level; if it breaks, watch for 68,000
• ETH: The fight to defend 2,000; if it fails, a wick down to 1,950
• Sentiment: Fear Index at 23 (extreme fear)
💡 Trader’s note:
Don’t try to catch a falling knife! Wait for 70,000 to confirm as support and for liquidations to cool off. Once panic selling is cleared out, a rebound as expectations reset may be the real opportunity. #黄仁勋辞任CEO,英伟达战略走向受关注
$ZEC Looks like it really is going to start with an 8. Holding my short position tight 😄 $ETH has also placed a short order—not sure if it’ll get filled! Hope it’s a case of breaking through to make way for a fresh start. Let it drop hard! Otherwise, being stuck in limbo is miserable! Keep an eye out for opportunities in small 🐕🦺 related to the Musk concept. A quiet market is also a good time to build! $1000PEPE #黄仁勋辞任CEO,英伟达战略走向受关注
🔥 Breaking confirmation: Jensen Huang “resigns abruptly”! $NVDAB plunges, crypto markets warned of a sell-off
1️⃣ Key details
It’s no longer a rumor! NVIDIA officially announces: Jensen Huang has resigned as CEO, president, and director, effective immediately. The CFO will serve as interim chief while the company searches for a new leader.
2️⃣ Market update
📉 U.S. stocks: NVDA plunged as much as 14% in premarket trading, breaking below key moving averages as the fear index surged.
📉 Crypto: BTC is under pressure, with AI-themed coins (TAO RNDR $FET) taking the brunt. On-chain NVDA tokens have already fallen 10%.
3️⃣ Trading strategy
• Short term: This is a “crisis of faith” correction. Don’t try to catch a falling knife.
• Key catalysts: Keep a close eye on the November 17 earnings report and the choice of a new CEO.
• Strategy: Deleverage! Wait for panic selling to run its course. If the earnings report proves the company can “keep going without Jensen Huang,” this could be an opportunity for expectations to recover.
👉 What do you think? Can NVDA still be bought in the post-Jensen Huang era? Let’s discuss in the comments 👇$BTC , $ETH , #黄仁勋辞任CEO,英伟达战略走向受关注 , #英伟达突发换帅,美国芯片股跌幅扩大
Had a great time with this move $ZEC 😎 Shorted from 1004 to 976 Went long from 978 to 992 Still holding the short from 996 😄 Can it be shorted down to 800? The market's quiet. Other than promoting the little 🐕🦺, I just dabble in futures with a small amount of money—no getting carried away 😄$ETH , $DOGE
$ETH ,$ZEC ,$1000PEPE Come over to Zhou Zhou’s place tonight! The little 🐕🦺 Ai music video has been playing in livestreams across the major platforms—come enjoy it! 👇👇 The market is pretty much the same as always anyway 😂