Orbit: Crypto Community Feed
$ETH Last night's drop actually made Yanyan more focused on bullish opportunities!
After hitting a low near 2405, it quickly rebounded, with nearly $300 million long positions liquidated in 24 hours, now around 2500.
In such extreme market conditions, Yanyan is more concerned about the price performance after the selling pressure is released.
Yanyan's idea is very clear: $ETH remains bullish, focusing on buying the dip in the short term!
Position around 2480-2490
Stop loss at 2450
First target 2560 #Hormuz Strait aviation drops to a two-month low, oil prices jump 4%
Green Hair took a heavy hit this round: three full-position high-leverage long orders all liquidated on the same day
This set of closing records is heartbreaking to watch. During the same time period, three heavily invested long positions were all liquidated.
- ETH Perpetual | Full position 100x long
Entry price 2709.76, liquidation price 2664.38, ultimately closed out with a significant loss, 15 ETH positions closed all at once. The 100x full position leaves extremely little room for error; even a small pullback can trigger liquidation directly.
- ZEC Perpetual | Full position 40x long
Entry at 1362.17, liquidation at 1326.71, 40 ZEC heavily invested long positions were also liquidated. Previously, some traders in the community were continuously shorting ZEC, and the market pullback just hit this long position.
- BTC Perpetual | Full position 100x long
Entry at 85641.6, liquidation price 84584.8, 1.6867 BTC 100x full position long order liquidated together.
The three orders were opened concentrated between the evening and night of October 6, and all liquidated at the same time on the morning of October 7.
Failing to make a name in L2 rollups, they immediately paint a far-fetched 2027 "post-quantum L1" dream.
Starknet is actively considering breaking away from Ethereum to transform into an independent public chain. But looking beyond the narrative to reality: current DeFi TVL is only $160 million, and daily fee income is dismal at just a few thousand dollars.
Having raised $280 million, it not only fails to retain liquidity on L2 but its self-sustaining ability is nearly halted. Even relying on Ethereum can't capture traffic; going solo with a new shell, can it really grow an ecosystem out of thin air?
Packaging retreat from the race as a forward-looking upgrade, this kind of evasive story won't save $STRK.
$BTC BTC 1-hour level: After a sharp drop, a strong rebound is underway, with a short-term attempt to recover lost ground.
Previously, it dropped from 87,239 all the way down to 80,351, but now it has stabilized and rebounded to 82,962, climbing back above the short-term moving averages (MA5/10/20 around 82,000-82,670). Support below is at 81,781, with the super trend line at 81,509 also acting as support. Resistance above is at 83,156 (upper Bollinger Band).
Recommendation: Don’t rush to chase above 82,962. Hold steady if you already have positions. Focus on 81,781 (support level) and 81,509 (super trend line); if these hold, you can maintain your position. For those looking to enter, wait for a pullback to stabilize near 81,781 or consider entering after a volume breakout above 83,156 (upper Bollinger Band).
Super trend line 81,509: This is a short-term reference on the 1-hour level. Observe for another 2-3 hours. As long as the price does not break below 81,781, short-term stabilization is confirmed, and support will gradually strengthen.
$ETH Bull massacre, did you seize this short opportunity?
Yesterday, a short was suggested in the 2530-2550 range, with a precise rebound near 2535 providing a shorting chance. The waterfall drop came as expected, directly plunging to 2405, and the take-profit target was steadily reached. $BTC
In this drop, leveraged longs were brutally liquidated again. After the price broke key support, stop-loss and forced liquidation orders were triggered one after another, further amplifying the selling pressure. Recently, the market indeed saw large-scale long liquidations.
Remember: The market is not about guessing, but waiting for key levels, waiting for signals, then executing.
Next, don’t rush to chase shorts, nor blindly bottom-fish. First, see if it can stabilize and whether the rebound has strength. Opportunities are always there; controlling your position size is the only way to stay in the market! $ZEC
#9月FOMC纪要公布，多数官员倾向再加息 #BTC现货ETF创近三个半月最大单日净流出
老莫养鱼交易日记（互动版）
$ETH rebound is weak, continuously declining, will it break below 2500 tonight?
Don't rush to bottom-fish now, the downtrend hasn't ended yet, the rebound is weak, bull markets often have sharp drops, but there are also many opportunities in one-sided trends. Follow the trend, don't go against it.
The support and willingness to support funds below are not strong enough, don't mistake the rebound for a reversal, shorting on the rally is the correct approach!
Short at 2530-2550, aggressive can enter directly. Target first looks at 2500, if broken then 2460! $BTC
#9月FOMC纪要公布，多数官员倾向再加息
#ETF仍在流入，BTC为何下跌？
A trading volume of 1.9 billion $STRK is already considered quite high for an ordinary altcoin, with very strong traffic.
Next, closely watch its liquidity; once liquidity takes off, its upside potential will be huge.
Right now, I'm focusing on two things: one is the direction of large holders' addresses, clearly contract-driven pump, with over 900 million in support below. If institutional market makers don't withdraw, shorting it is impossible.
Since I'm running a grid strategy, not a regular position, I either open a good one with a chance to break even or don't open at all. Once a short position is opened, no adding to the position is allowed—only stop loss or take profit.
This coin is currently pumping against the trend, riding today's positive news for another surge. Yesterday it was around 0.4 price range, today it's already at 0.7, nearly doubled. Retail traders holding positions with over 2x leverage are probably mostly wiped out.
On October 7th, I seized the opportunity to open two short positions
BTC 10x, SOL 20x
My account funds almost doubled
Today the market collectively warmed up
The market trend has clearly changed
I don't want to keep gambling hard
I cashed out everything directly and left the market
In a market with big ups and downs
The profits you take home are the real ones
Previous gains were bonuses given by the market
Not a stable norm
Now the market has shifted from falling to rebounding
The trend has already switched
Continuing to open positions carries high uncertainty
I plan to slow down the pace next
Watch more, act less
Wait until the market logic is clear
Then use small positions to test and learn
$BTC $ETH $ZEC
#9月FOMC纪要公布，多数官员倾向再加息
#BTC现货ETF创近三个半月最大单日净流出
#霍尔木兹通航降至两月低位，油价跳涨4%
🚨 Short-term funds are rushing back wildly, while long-term funds are fleeing! Do you dare to chase this rebound?
After reviewing the contract fund data, my judgment is straightforward: short-term rebound is possible, but it’s too early to confirm a market reversal!
🟠 $BTC: Some are bottom-fishing, but whether institutional-level funds return remains to be seen!
12-hour net inflow of $209 million, but 24-hour net outflow of $989 million, and a 30-day outflow as high as $7.37 billion. Short-term warming doesn’t mean selling pressure is over.
🔵 $ETH: The weakest among the four coins in the short term!
Continuous net outflow from 15 minutes to 4 hours, with a 24-hour outflow of $1.125 billion. Although it turned to inflow after 6 hours, whether it can sustain is the key.
🟣 $SOL: Short-term inflow, but still under pressure mid-term!
12-hour inflow of $55.19 million, but 30-day outflow of $2.48 billion, no clear reversal signal yet.
🟢 $ZEC: Fund movements worth attention!
12-hour inflow of $100 million, 30-day net inflow of $1.3172 million, the only coin among the four with a 30-day net inflow.
My view: No rush to go long, nor blindly short. Watch BTC for rebound sustainability, stay cautious on ETH, observe fund changes on SOL, and focus on ZEC.
Fund flows don’t predict price rises or falls but can alert you to where the risks lie.
If you could only pick one coin to go long on now, who would you choose? I want to see who dares to bet on $ZEC and who only clings to $BTC!
Staring at the screen all day until my eyes are dry.
OKX opened two 20x full-position shorts, $STRK and $RAY. But today's market movement really threw me off.
The STRK short was opened at 0.06573, now the mark price is 0.07014. 88,414 tokens, margin $310, floating loss already -$390, return rate -134%. Yes, you read that right, the loss exceeded the principal. The full position is only held up by other funds in the account, maintaining a margin ratio of 315%. No forced liquidation price shown, but I know if it spikes up a bit more, it will be very dangerous. This position is now purely a hard hold; cutting losses hurts, but not cutting risks going to zero.
RAY is a bit more promising, opened at 2.51, current price 2.4885, floating profit $11, +17%. 544 tokens, margin $67. This position is small, just making some pocket money, relying on it to comfort me.
Both are shorts, but STRK's rebound is too harsh. Playing this kind of coin with 20x full position means a few cents' fluctuation is a life-or-death line. I used to think a 315% maintenance margin ratio was pretty safe, but now I see high leverage is just a paper tiger.
During the day, this position has made me restless; even slacking at work, I keep checking the price. How do you usually handle this STRK position? Reduce position or hold to the end? My mind is full of whether to manually stop loss, feeling a bit overwhelmed.
$XDP quietly surged explosively, all the shorts are doomed, brothers, this XDP is for real!
From 0.018 straight up to 0.022, nearly a 20% increase, a huge bullish candle shooting to the sky.
Just now, Bithumb announced that at 21:00 XDP will be listed on the KRW market.
When those crazy Korean retail investors jump in, the buying pressure can blow the roof off.
No wonder the whales were dumping before, it was all to trap short sellers.
Now it's great, a stealthy explosive surge, all the shorts are lining up to be liquidated.
