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This afternoon while working out, I was wondering whether to short $SOXL . Then I opened Tencent Micro Securities and saw it had already fallen so much that the risk-reward ratio for shorting wasn’t worth it. I didn’t expect it to fall another 30% tonight
I missed the short, and didn’t close my ethereum:native long position either. A failed man
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SOXL-28.16%
ETH-1.23%
#SKHynixFallsNearly7%
#SK海力士跌近7% #美股财报季 The decline in storage and AI chip stocks this time was mainly due to profit-taking after a strong rally, prompted by the U.S. midterm election results. Storage demand itself has not noticeably weakened; the market is reassessing the pace of AI data center construction.
On November 5, SK Hynix fell about 6.7%, while Samsung Electronics also dropped nearly 6%.
Why it looks more like profit-taking
Big gains and crowded positioning: SK Hynix and Samsung were the stocks with the largest net foreign selling this year, as investors rebalanced their portfolios
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Buying ZEC around 1210 is unbeatable—it's the best value. When the broader market rebounds, ZEC will outperform by a lot. ZEC will still quickly return to around 1300$ZEC ‌
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ZEC+1.29%
$TQQQB Short-term outlook: An oversold bounce is possible, but the trend has not reversed. Buy dips only; do not chase longs. The Fear and Greed Index is at 50, neutral, indicating no systemic panic in the broader market. BTC has not triggered a market-wide sell-off, providing a window for oversold assets to recover. However, TQQQB is down 17.34% over 24h, with only 6.1M USDT in trading volume, a typical case of a thinly liquid sector undergoing a rotational catch-up decline. Buying support is weaker than for RUNE and GOOGLB, so any rebound should be viewed with caution.
Technicals: MA5=56.09
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TQQQB
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Four.meme
MC:$3.36KHolders:2
0%
RUNE-0.11%
🛡️ Gate pioneers PoSEC: Asset security goes beyond reserves

Adequate exchange reserves are important, but how those assets are stored is equally worth attention.

Gate has officially launched the industry’s first PoSEC fund security proof system, making asset storage structures and risk coverage capabilities more transparent.

📊 Cold storage coverage reaches 104.58%
🔐 88.26% of stored assets are held in cold storage
✅ An independent third-party audit mechanism has been introduced, with verification underway

From PoR proof of reserves to PoSEC proof of fund security, Gate is driving asset
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The “bull run” lasted for less than 24 hours
$ZEC is dumping hard. It looks like the market is going down, just like stocks 🚨
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ZEC+1.29%
Don’t count on mortgage rates falling just because the Fed holds steady. They’re driven by inflation data and the bond market, and whether the Fed hikes in December is still just a forecast. People waiting for rates to drop before buying a home may find that home prices move first. What’s it like where you are?
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  • 5
Today's Trading Review | From Long to Short, Adjusting Direction in Time

The key to today's market move was shifting from a long position to a short one and adjusting my trading approach in time.

The market won't necessarily rise as expected just because we were previously bullish. When the market structure changes and the original assessment no longer holds, take the stop-loss and change direction when needed.

Looking at my live trading records from the past few days, there were opportunities to secure consecutive wins, as well as trades where my judgment was wrong. But trading isn't about
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BTC-0.65%
ETH-1.23%
We will bounce soon I think. Tough day on US market open
Guess the midterms weren’t as bullish as we thought
Or were they?
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Bitcoin coming to 77,000 💁
CryptoSat
BITCOIN DUMPING 🩸
Bitcoin is down nearly 2.2% in just 3 hours, and the selling pressure is getting real.
Yesterday’s PUMP looked more like a trap. But today’s price action is showing a different picture.
Here’s what I’m watching:
🔻 $78,000 – First downside target
🔻 $77,000 – Next possible stop
Around $48M in LONG positions wiped out over the past 4 hours.
Bulls are getting squeezed, and $BTC isn’t showing much mercy right now.
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BTC-0.67%
  • 9
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Gold Breaks Above 4100
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LIVE1,849
Jesus Christ. Halt the fucking stock already. What the fuck, SEC?
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Total unwind of yesterday’s move as markets lean back into the initial narrative that started the after hours sell off post midterms
Rotations happening under the surface with Chipmakers driving the move lower
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Good fortune in November (^.^)(^.^)(^.^)
It has entered the range of the band below...
No rush to buy yet—let’s watch it for a bit...
This band covers a 2.5% price range. The actual limit orders are still below the previous low, in the green box in Figure 2.
It’d be better to buy when it gets a little closer or stabilizes...
(Take a look after the U.S. market closes)
I can’t take it anymore—I really need to flex.
What the hell just happened to Bitcoin?
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BTC-0.67%
This blonde bastard is at it again? I can't take it anymore—crash oil prices! Aren't you afraid your people will protest? Hurry up and make America great again😭$SOXL $KORU $ETH ‌ ‌ ‌
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SOXL-1.16%
KORU-1.22%
ETH-1.23%
market update
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