Bitcoin Stuck at $83,000, US Treasury Yields Are the Real Enemy

On October 8, Bitcoin was trading at around $83,198, down 2.75% over 24 hours. The direct catalyst was the 10-year US Treasury yield surging to 5.36%, a new high since 2002.

Many people only focus on whether the Federal Reserve will raise interest rates, but the real killer is US Treasury yields.

What does a 5.36% 10-year US Treasury yield mean? It is the highest level since 2002. As the anchor for global asset pricing, a surge in the 10-year US Treasury yield means the discount rates for all risk assets are rising. Bitcoin,

Crypto doesn’t need this many L2s; now it’s the A-share brokerages’ turn.
CLS reported: The number of A-share brokerage stocks trading below book value has risen to 20, a ten-year high. This includes leading firms such as Huatai Securities (price-to-book ratio of 0.89x) and Guotai Haitong (0.88x).
That means the company has ¥1 in net assets per share on its books, but the stock market is only willing to pay 90 cents for it. The main problem is still that there are too many brokerages—all selling shovels, while there aren’t enough miners left. Based on my own experience, really not many people

JUST IN: $86,000,000 worth of crypto reportedly drained from "Ledger" hardware wallets.

Quantum-resistance rumors only pushed $ZEC 0.28% higher, and I’m leaning bearish
$ZEC Currently at 1216.89, up 0.9% over 24h. After the Zcash quantum-resistance rumor surfaced, the market only moved from 1213.03 to 1216.4, up 0.28%. With neither its truth nor falsity confirmed, I’m directly bearish; any rebound is a window to sell.
The technical indicators are entirely on the bears’ side: daily RSI is 42.0, MACD formed a death cross above the zero line ten days ago with the green bars expanding, and MA7 is below MA30. Derivatives look even weaker, with the funding rate hugging the zero line

Nobody is talking about this hidden $ETH /USDT setup hiding in plain sight

$ETH /USDT - SHORT

Trade Plan:
Entry: 2482.92 – 2492.54
SL: 2533.90
TP1: 2453.10
TP2: 2430.01
TP3: 2395.38

Why this setup?
Why now? The daily trend is range, which means $ETH /USDT is coiling for a directional move and the 1h ATR of 19.239384 confirms volatility is about to expand. The 15m RSI at 45.91 shows bearish momentum without being overbought, so short sellers are still in control. The entry zone of 2482.92 to 2492.54 aligns perfectly with the 1h price of 2487.73, giving a precise trigger. TP1 at 2453.10 an

Today’s Market Update （1）
Let’s start with on-chain data. The on-chain model is still maintaining a bullish bias (Figure 1: above the zero line in the upper chart, and a score >=4 in the lower chart).
At the same time, short-term traders continued to capitulate and sell yesterday. Historically, the pattern remains the same: in a bull market, areas where short-term traders panic-sell are buying opportunities (Figure 2).
From a broader structural perspective, price is still within a range, and yesterday’s low happened to be at the level where the lower boundary of the range was reclaimed.

$TAO Current price 273.6, down 1.86% over 24h, with a trading volume of 49.9M USDT. Peer comparison within the same sector: $DOGE is down 2.61% with a volume of 90.1M, while $ZEC is nearly flat with a volume of 300.2M. TAO's decline is smaller than DOGE's, indicating relative resilience within the AI/computing-power narrative sector. Selling pressure has not spiraled out of control, but its volume is the smallest among the three, so the strength of any rebound needs to be validated by incoming funds. The Fear & Greed Index is 59 and remains in the greed zone, with risk appetite intact, prov

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$ADA OI fell 12.68% as price slid 4.05% with funding at 0.008, a clean deleverage move. $AVAX , $LINK, $DOGE , $BNB and $ETH all saw OI cut too. Is this just the flush before the next build?

$QNT Further bullish🔥
When the weekend arrives, lie in wait for altcoins.
Don't look down on altcoins, nor become averse to them just because you've been burned by them and had your mindset affected. With take-profit and stop-loss managed well, altcoins can still feed you.
This isn't a one-sided bull market now. Altcoins can actually help you quickly recoup losses—as long as you manage the leverage and position size properly, they're much more exciting than major coins.#美股AI概念股普跌ALAB跌超9%

AI animated dramas are making an absurd amount of money.
With just 1,528 followers, June revenue hit 950k.
With 666 works, that works out to over 1,400 per piece.
This is such a money-maker—I want to get in on it too.

Closing my day red.
Losing on a Friday sucks; Part of the game fr guys.
The key is to not act on it.
Have a great weekend!

Sui Foundation and Mysten Labs teamed up with OpenAssets to bring the Open Tokenized Asset Standard, a Linux Foundation Decentralized Trust project, to Sui.
@SuiNetwork

Bitcoin is back above $83,000
Ethereum reclaims $2,50

Modulation
Say goodbye 👋🫂 to support
Hold on for dear life plane emergency landing 🛬
$TROLL

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Don’t rush to go long before the U.S. midterm elections are settled. The declines over the past few days have all been traceable, and a slow decline will likely continue before November, until the midterm election results are announced. Although I’m bearish, I won’t blindly chase shorts! The first downside target of 80000-81000 has already been broken. Judging by the outcome, it’s obvious that my insistence on a major drop at the time was correct. So, will Bitcoin rise or fall next?
First, I believe the decline is far from over, and the second wave down has only just begun. Wave one rises, and