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If things go smoothly between the U.S. and Iran, CL crude oil still has further to fall, to below $70 at least

Why do I say this?

You think $85.4 a barrel is already very low? How could that be? After the memorandum of understanding was signed on June 19, have you forgotten how low U.S. crude fell? From $91, it plunged straight to $67—that’s the benchmark for oil prices after U.S.-Iran risks are resolved

Oil prices are still very, very high. If Iran is willing to make concessions first, dilute its enriched uranium to 3.67%, reopen the Strait of Hormuz, and clear the mines to ensure safe pas
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CL-1.83%
BTC-0.67%
CRYPTO MARKET UPDATES AND SCALPING
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Loongson Zhongke said that its 3B6600 and 7A3000 chips were sent for tape-out in the second and third quarters of this year, respectively, and are both expected to return from fabrication in the fourth quarter. The low-cost version of the 3A6600 is also scheduled to complete design in the fourth quarter.

Design work keeps moving forward, but all the key milestones are now crowded into Q4, leaving everyone waiting to see what happens. The chips have been sent for tape-out, but whether they’ll arrive as expected won’t be clear until the wafers come back.

$BTC
Gm 🙋🏻‍♂️
Bitcoin’s current structure looks remarkably similar to the 2023 setup.
Back then, $BTC went through four phases:
A strong rally from the market bottom.
Months of sideways consolidation.
A liquidity sweep below major support.
A strong recovery that led to new highs.
We could be approaching the same turning point again.
What looks like weakness today could become the foundation for the next major move.
History doesn’t repeat perfectly, but the similarities are hard to ignore.
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BTC-0.67%
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The best proof in the market is when price action delivers as expected. Looking back at the directions and price levels I shared with you yesterday, there was no ambiguous guesswork, and the targets were reached smoothly.

BTC moved 1,800 points, and ETH moved 70 points. We planned ahead before the move began, patiently waited for the signal to enter, and those who caught this wave know all too well how profitable it was.
#美国10月CPI即将公布 $BTC $ETH $SOL
BTC-0.65%
ETH-1.23%
SOL-0.74%
$SUI Currently at 0.8454, up 2.15% over 24 hours. The 1-hour structure is relatively strong, but the RSI is only 21.68, in oversold territory. The 4-hour trend remains weak, with price below the EMA20. The two timeframes show a clear divergence, and trading volume is currently weak. Short-term volatility should not be taken as a trend reversal.
Conditional watch: If price can hold above the resistance level at 0.8698, watch whether the recovery can continue. If it breaks below the support level at 0.8061, be alert to a deeper pullback. In the follow-up review, focus on whether price can hold a
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SUI-1.05%
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GT-2.41%
$BTC Still grinding below 75000, with several pushes higher getting stuck near 75400 before pulling back. The current price is around 74700, and today's low touched 73740. Estimated long liquidation levels are densely packed around 72000-73800 below. Above, 75800-78500 is the estimated short liquidation zone, with the largest cluster around 77500. If it can reclaim and hold 75800, I’ll be looking toward 77500; if it breaks below 73700, don’t rush to buy the dip. Which side are you leaning toward here? Share your thoughts.
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BTC-0.67%
Always Losing Trading Macro Data? What You Need Is “Response,” Not “Prediction”

The longer you stay in this market, the more you notice a pattern: people who are obsessed with predicting nonfarm payrolls and CPI data every day often end up getting liquidated. Why? Because they treat trading like buying lottery tickets.

With October’s CPI data coming out tomorrow night, I’d like to share the core principle of macro trading: stop predicting and focus on responding.

A lot of people are up all night, anxiously wondering: What if core CPI rises to 0.3% again? What if headline CPI surges to 4.0%?
BTC-0.65%
#RedBullDoublePodiumInBrazil
🏎️ Red Bull Racing’s Brazil Double Podium: Performance, Teamwork and a Bigger Conversation About Technology

🇧🇷 Red Bull Racing delivered a memorable result in Brazil, with Max Verstappen recovering from P21 to finish P2 and Isack Hadjar securing P3. The double podium was more than a strong finishing position. It showed how determination, preparation, smart decisions and teamwork can come together in one demanding race.

Verstappen’s climb from P21 to P2 was the standout individual performance. Starting so far back leaves very little room for mistakes. A driver
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GOOGL had just three things going on overnight; here they are, laid out by price:
· 296.81 — the high of the 22:00 candle, 936k shares, 4.1x average volume
· 295.61 — the high of the 23:00 follow-through, volume down to just 556k shares
· 288.50 — the 05:00 low; even the sellers ran out of volume
The jargon is volume-price divergence: the first candle used up all its firepower, and the second had no bullets left
$GOOGL Now at 291.22, with MA20 pinned at 291.33
Just 11 cents apart, practically touching
I’m not chasing. To turn bullish, I’d need it to get above 291.33 first and bring in volume
I
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GOOGL+0.11%
Yesterday, I stuck with the strategy of positioning for longs. Starting at the morning open, I placed two long positions at 2110 and 74000, and both rallied successfully. I then opened a small short position, but didn’t hold it long enough to capture part of the move and exited. Later that evening, I again went long first and then short: longs at 2085 and 73900, and shorts at 75500 and 2150. All were successful. I took a small loss on one ETH trade, giving up 30 points of room; BTC never hit its stop-loss. Overall, the moves were pretty good. #美国10月CPI即将公布
BTC-0.65%
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Is the BTC Rebound Just an Illusion?
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Guess what gift I'm giving you.
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PNC Bank is bringing stablecoin payments into its corporate banking services through an expanded partnership with Coinbase.
On November 9, the bank announced that eligible business clients can receive payments in USDC on the Ethereum blockchain.
Here's how it works.
When a company receives USDC, the payment is automatically converted into US dollars at a 1:1 ratio and deposited into its designated PNC bank account.
That means the business can receive a blockchain-based payment without having to manage the stablecoin as a separate asset afterward.
The service uses Coinbase's payment infrastruct
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PNC+2.63%
COIN+1.06%
USDC+0.01%
ETH-1.26%
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GT-2.41%
  • 5
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It's over,
ETH Ethereum has lost
her bravest warrior,
the last bull...
Could this really be the bottom?!
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ETH-1.26%
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