Crypto KOL Community & Market Trends

ZEC at $1,470—dare to buy the dip?
First, the surface: Over the past 30 days, ZEC surged from 500 to 1,680, pushing its market cap into the top ten at No. 9, or $25 billion. Today it pulled back 8-9%, with a 24-hour low of 1,462-1,478 and rising trading volume. This is the first decent pullback after the parabolic rise. The 4-hour and 1-hour charts are already oversold, RSI has plunged from highs, and MACD has formed a death cross. A short-term rebound is likely, but the daily chart has not finished correcting.
First: The ETF is not just news—the institutional channel is already open
The Grayscale ZCSH ETF has been live for one month, with AUM surging to $890-910 million, nearing $1 billion. A 3-for-1 split is also scheduled for September 30, directly cutting the entry threshold.
21Shares' first physically backed ZEC ETP in Europe will list in Paris and Amsterdam on September 22.
Paradigm disclosed its holdings, and Matt Huang publicly said: ZEC is Bitcoin's privacy complement.
Second: The NU7 upgrade is not empty talk—it is hard-core technology being implemented
The testnet is scheduled for October 6, with a mainnet target of November 5.
The core point is simple: block time will drop from 75 seconds to 25 seconds, tripling the confirmation speed of private transactions.
What does this mean?
Private transfers that used to take over a minute can now be completed in 25 seconds
Merchants, payments, and cross-border settlement can finally be used
The halving mechanism remains, and supply will continue to tighten
Third: The shielded pool has locked up $7.3 billion, and the circulating supply is disappearing
The shielded pool's share has reached 29%, or about 4.92 million ZEC, worth $7.3 billion.
These coins basically do not enter exchanges—they are locked up.
The total supply is 21 million, the same as BTC, with the next halving in 2028. DCG's Fortitude has expanded its mining credit to $50 million and plans to buy 9,000 Z15 Pro units.
Miners are accumulating, institutions are buying, and the shielded pool is locking up supply.
The bull-bear showdown—judge for yourself
On one side:
Grayscale ETF AUM is nearly $1 billion, with a 3-for-1 split lowering the entry threshold
21Shares' European ETP has listed, opening the institutional channel
The NU7 upgrade's mainnet is scheduled for November, making privacy confirmations 3x faster
The shielded pool has locked up $7.3 billion, and the circulating supply continues to shrink
Up 3x in one month, the trend is still upward
On the other side:
The short-term rise has been too steep, with massive profit-taking pressure
The Federal Reserve raised rates by 25bp on September 16; the dot plot was hawkish, and another hike may come this year
The 10-year U.S. Treasury yield is nearing 5%, while BTC plunged from $87,000 to $83,000-84,000
Longs are paying funding rates, OI is falling, and leveraged longs are beginning to unwind
On-chain daily transaction volume is still only a few thousand, and real-world use remains niche
Resistance above: 1,550-1,580 (EMA20 + retracement level) → 1,670-1,680 (previous high)
Support below: 1,450-1,440 (0.618 retracement + high-volume zone) → 1,425 → 1,400 → 1,380
Trading strategy
Short-term traders:
If 1,440-1,460 holds and stabilizes, with a hammer or high-volume bullish candle appearing, cautiously go long with a stop-loss at 1,420 and a target of 1,520-1,550.
If 1,440 breaks decisively and the 1-hour close confirms it, cautiously go short with a target of 1,380-1,400 and a stop-loss at 1,480. Do not short heavily; the fundamentals have not collapsed, and ETF funds could provide support at any time.
Medium-term players:
The ideal buying zone is 1,380-1,420, or wait until NU7 approaches in late October before reassessing.
Long-term believers:
If you believe privacy is a necessity, and that everyone needs a fig leaf in the age of AI surveillance, then ZEC is your ticket. The shielded pool has locked up $7.3 billion, miners are expanding capacity, and institutions are entering. If it falls below 1,400, buy in batches with your eyes closed.
ZEC now looks like ETH in 2021—
Rising from the hundreds to the thousands, pulling back 30% along the way as everyone shouted, “The top is in,” only for NU7 to go live and the ETF to be approved, sending it soaring and leaving you questioning reality.
But this time is different: ZEC has no Vitalik and no ecosystem—only privacy and scarcity. It rises like crazy, and it also falls brutally.
Can 1,440 hold? Are you buying the dip or running for the hills? #GateBTC现货交易量跻身前三 #BTC短线回调 #Gate广场中秋团圆局 $BTC $ETH $ZEC

UNI at $8.8—did you capitulate?
First, the surface: falling from 10.9 to 8.8 means a 19% pullback, but on the monthly chart it rose from 4.2 to 10.9, more than doubling. Its 24h decline is clearly larger than BTC's, showing the high-beta nature of altcoins. The daily chart is still in an ascending channel, but the 4-hour chart has weakened. The long upper wick at 10.9 marked the climax top. Bullish medium term, but don't rush to buy the dip short term.
First: UNI is no longer a vaporware token—it has started burning money
The Fee Switch is live, protocol fees are flowing into TokenJar, and UNI is being burned in exchange for yield. Market translation: the higher the trading volume, the faster UNI is burned. Hayden's stated annualized burn rate exceeds 2.5
UNI has gone from “governance vaporware” to “protocol equity,” and this repricing is real. But from $4 to 10.9, the market has already priced in the good news expected over the next three months.
Second: the SEC has opened the door, CME is launching futures, and institutional access is opening up
Around September 17, the SEC's “innovation exemption” led the market to view Uniswap's Permissioned Pools and v4 Hooks as a compliant RWA trading layer. On the day Circle Arc went live, Uniswap deployed its full suite, with first-day trading volume exceeding that of Robinhood Chain on its first day. CME plans to launch UNI futures.
But this is an emotional accelerator, not already-realized profits. The compliance narrative can drive prices up, but it can also cause a sell-off if regulators turn hostile.
Third: a technical signal has emerged that must be taken seriously
Trading volume expanded significantly on the day of 10.9, and the pullback day also saw volume—this is profit-taking, not a low-volume decline.
Two common paths from here: trade sideways between 8.5–9.5 before choosing a direction, or take another leg down to 7.6–8.0 to flush out leverage.
Near-term support: 8.50–8.70 (the September 21–22 low zone)
Next lower: 8.00
Strong support: 7.60–7.80 (the post-September 18 breakout retest zone)
Near-term resistance: 9.20–9.50 → 10.00 → 10.80–11.00
The bulls and bears are in a showdown—you decide
On one side:
Fee Switch is live, with real money being burned
SEC compliance opening + Circle Arc + CME futures
DEX leader, with TVL of about 3.7 billion, and v4 volume exceeding v3
On-chain data shows million-level UNI withdrawals, temporarily reducing supply
On the other side:
The rise from 4.2 to 10.9 was too large, so a 19% pullback may not be enough
The Federal Reserve raised rates by 25bp in September, and a hawkish dot plot is weighing on risk assets
BTC is ranging between $83,000–$85,000, and UNI is following broader-market volatility
The sustainability of Robinhood Chain's revenue is questionable; tokens flowing back in from high-level withdrawals would provide reverse fuel
Trading strategy
Already holding a long position:
Reduce your position to a level you can sleep with; total risk should not exceed 1.5%–2% of principal
Move the stop-loss to below 8.45
Reduce by 1/3 on a rebound to 9.3–9.5, then reduce again at 10.0
Flat and looking to go long:
Plan A: if 8.50–8.70 holds on declining volume and the 4h candle closes with a lower wick or bullish engulfing pattern, enter in batches, stop-loss at 8.35, targets 9.3/10.0
Plan B: after breaking below 8.5, watch whether 7.70–8.00 is quickly reclaimed; that is the launch zone for the main uptrend, with a stop-loss at 7.45
If 7.6 is also decisively breached and cannot be reclaimed, the pullback has escalated in severity—stay flat for now
Looking to short/hedge:
Only suitable for short-term trades, not for “shorting UNI to zero because its fundamentals have deteriorated”
If it rebounds to 9.3–9.5 and shows bearish divergence on the 1h chart, try a small short position, stop-loss at 9.65, targets 8.7/8.5
Shorts above 10.0 should be extremely small, as news can trigger another sharp move at any time
Scenario analysis:
Strong consolidation: hold 8.5 and reclaim 9.3 → buy the dip and hold, target 10–10.8
Continued shakeout: lose 8.5, then find support at 7.7–8.0 → that would be a better entry for adding
Trend breakdown: daily close below 7.5 → close long positions and wait until 6.5–7.0 before reconsidering
UNI now looks like ETH in 2021—
From no one believing in it to everyone chasing it, from 4 to 10.9, you complained it was too slow; from 10.9 to 8.8, you complained it was too fast.
You're not trading crypto; you're betting against your own emotions.
At 4, you complained it had no narrative; at 10.9, you complained it had risen too fast; at 8.8, you fear it will go to zero.
At 8.8, will you buy the dip or capitulate? #GateBTC现货交易量跻身前三 #BTC短线回调 #Gate广场中秋团圆局 $BTC $ETH $UNI

Would you dare chase BCH at $338?
Look at the surface first: BCH violently surged from 260 to 366 over the past week, gaining more than 40%, with volume exploding and shorts getting squeezed out. It has now pulled back to 338, moving back and forth between 333 and 354 over 24 hours. The 200-day moving average was pierced directly by a large bullish candle, RSI surged above 70 into overbought territory, and MACD formed a golden cross on rising volume. The breakout is valid, but you need to let things cool off in the short term.
First: CME + ETF double whammy—BCH is finally being taken seriously by Wall Street
On October 19, CME will launch BCH futures. Standard contracts cover 250 coins, micro contracts cover 25, settlement is cash-based, and the product is regulated.
BCH has entered the traditional derivatives system for the first time
Institutions finally have a compliant tool to trade BCH
On the same day, Grayscale submitted revised documents to convert its BCH Trust into a spot ETF, proposed to trade under BCHG on NYSE Arca.
Second: Shorts were bloodily liquidated, but longs did not benefit either
It was reported that during the days BCH surged, short positions worth millions of dollars were liquidated outright. Capital rotated from BTC into the “Bitcoin fork coin” sector, and BSV rose along with it.
But look at the chart—after 366 was reached, who was buying?
Volume has fallen back from its extreme levels, the funding rate has turned positive (longs are paying), and open interest began declining after surging.
A typical “shakeout before the good news is priced in, followed by harvesting before the news lands.”
Third: Is October 19 a watershed or a guillotine?
The launch of CME futures is an obvious bullish catalyst, but the market always buys the expectation and sells the fact.
If the rally continues before October 19, BCH could surge to 380-400
If there is no new story on the launch day, a sell-off after “the good news is fully priced in” is highly likely
If the SEC takes a more favorable stance toward the ETF, that would be the real game changer
BCH breaking out into an independent rally against the trend is already impressive, but it cannot stand alone for long—how long it can hold depends on its luck.
Bull-bear showdown—judge for yourself
On one side:
CME futures launch on October 19, opening the institutional channel
Grayscale’s revised ETF filing has been submitted, validating the narrative
Short liquidations + capital rotation, with strong short-term momentum
Breakout above the 200-day moving average, shifting the structure bullish
On the other side:
From 260 to 366, a 40% gain, with severe overbought conditions
RSI above 70, requiring short-term consolidation
No fundamental transformation; hash rate and on-chain trading volume remain weak
A tight macro environment, a hawkish Federal Reserve, and unstable BTC
Positive funding rates, with high holding costs for longs
Upside resistance: 350 → 366 (this round’s high) → 380-400
Downside support: 330 (recent low) → 320-318 (breakout retest zone) → 300 (structural line in the sand)
Trading strategies
Short-term traders:
Wait for a pullback into the 330-320 range, then enter after a long lower wick appears or selling dries up and the decline stabilizes. Set a stop-loss below 320, with targets at 350-366. If 320 breaks on heavy volume, exit—do not stubbornly hold. Aggressive shorts should only be lightly tested near 366 when there is clear failure to rise and a long upper wick on heavy volume; the stop-loss must be tight.
Swing traders:
Build a core position in batches between 320 and 330, then add after 366 breaks and holds. The target is around 400, but you must accept a drawdown of more than 30%. Reduce exposure around the October 19 futures launch to guard against “buying the expectation and selling the fact.”
Long-term believers:
BCH is not BTC—do not use spot-market thinking to hold through high perpetual-futures levels. This move is a news-driven impulse, not a fundamental reversal. If you truly want to hold long term, consider waiting until below 300.
BCH now looks a lot like BTC in 2017—
Before the CME launch, everyone called it a “scam”; after the launch, institutions entered and the price doubled.
But the question is: Are you the person who got in early in 2017, or the person who chased the top at $60,000 in 2021?
At 338, would you chase or wait for a pullback? #BTC短线回调 #Gate广场中秋团圆局 #山寨币大幅回落 $BTC $ETH $BCH

ZEC vs NEAR: One is pulling money out of BTC's pockets, while the other is snatching meat from ETH's mouth
When David Hoffman dumped his ETH and rotated into other assets, the entire internet laughed at him.
He dumped in May and bought ZEC, NEAR, HYPE, LIT, and VVV in June. A few months later—ZEC rose from $560 to $1,650, NEAR climbed from $1.4 to $4.7, and LIT gained 369%.
Everything took off. Not a single one was left behind.
Now he has explained the logic again. But 99% of people only saw that “ZEC went crazy,” without understanding one key distinction:
ZEC and NEAR are fundamentally playing different games.
Their sources of buying pressure are completely different. Their strength is completely different. Their ceilings are completely different.
What is ZEC doing?
It is pulling money out of the wallets of the Bitcoin community.
Hoffman's exact words: ZEC is building a sufficiently robust “Schelling point.” Outside it is $1.7 trillion in BTC. As long as even a tiny fraction of Bitcoin believers agree that ZEC “holds up”—whether for privacy, quantum resistance, or simply as a hedge against BTC—that is enough.
$26 billion in market cap versus $1.7 trillion. Pocket change.
How many dollars ZEC rises is not important. What matters is its size relative to BTC. That is because the buying pressure driving ZEC comes from wealth being redistributed out of BTC.
Listen to what Su Zhu said about ETH in 2021, and replace BTC with ZEC—it is exactly the same: “Some people fly all over the world just to move the Bitcoin out of their cold wallets.”
ZEC's buying pressure = an existing-supply transfer. From BTC to ZEC. High certainty, strong consensus, but its ceiling is $1.7 trillion.
What is NEAR doing?
It is competing with ETH and SOL for the smart-contract crown.
Hoffman put it bluntly: “ETH's control over the smart-contract crown has always been weaker than BTC's control over the store-of-value crown. The threat SOL poses to ETH is greater than anything threatening BTC.”
Translated: No one dares touch Bitcoin's throne, but everyone wants to sit in Ethereum's chair.
NEAR rose 88% in one week, with its price climbing from $2.2 to $4.41. Total TVL surged to a new all-time high of $256 million. The TVL of the Confidential Intents private transaction service surpassed $70 million, triggering token rewards.
NEAR's buying pressure = incremental exploration. Overflowing from ETH/SOL into NEAR. High elasticity and vast upside potential, but more fragile consensus.
The difference in one sentence:
ZEC's buying pressure comes from “I believe in BTC, but I'm afraid of what if.” NEAR's buying pressure comes from “I believe in smart contracts, but I'm not sure whom to believe in.”
The former is fear-driven allocation; the latter is greed-driven speculation.
Fear lasts longer than greed. But greed is more explosive than fear.
Look at the data comparison yourself:
ZEC: Market cap of approximately $27.4 billion, up 88% for the month, ranking ninth among crypto assets by market cap. Grayscale's ZCSH ETF has seen net inflows for 16 consecutive days. Whale Garrett Jin closed his short position at a loss of $36.13 million. It broke above $1,600 for the first time since 2016.
NEAR: Market cap of approximately $6 billion, up 88.66% in one week, with a price of $4.41. Total TVL reached a new all-time high of $256 million. Ondo Finance brought tokenized U.S. stocks to NEAR Intents.
But there is one thing you need to think through:
ZEC's market cap is already $27.4 billion. How much was it just one month ago? By the time everyone sees ZEC rising, the position at which you enter is the position after someone else has already doubled their money.
NEAR's market cap is only $6 billion. It has high elasticity, but also high risk. Once the airdrop incentives are unlocked, liquidity could reverse at any time. Half of the 88% weekly gain is product-driven, while the other half comes from airdrop farmers FOMOing in.
Hoffman dared to dump his ETH and go all-in on these because he acted in May.
By the time you saw the article, he had already doubled his money.
ZEC's thesis is that “BTC believers will continue to diversify,” while NEAR's thesis is that “a new king will ascend the smart-contract throne.”
The two are not contradictory. But you need to understand which one you are betting on.
Don't buy ZEC with the mindset of betting on NEAR. And don't chase NEAR with the patience required to buy ZEC.#BTC短线回调 #Gate广场中秋团圆局 #美国9月综合PMI升至58.4 $BTC $NEAR $ZEC

Can you add to your position directly without closing it to realize profits? Bitget has finally figured out capital efficiency!
Following Bitget UEX, another groundbreaking concept has launched: UTA, the Unified Trading Account.
I’ve disliked the old account structure for a long time. Funds, spot, margin, and futures were all separated, and you had to transfer assets back and forth. It was incredibly inconvenient.
UTA tears down all these walls and uses just one account.
• Spot, spot margin, U-margined, and coin-margined futures can all share the same funds
• Unrealized profits can immediately be used as margin without closing positions first
• Your BTC and rTokens can also be used as collateral for futures positions
• The entire account uses a single margin ratio, with risk calculated uniformly
More than 300 assets are now eligible for the pool, and assets with high rToken collateral ratios can reach over 90%.
There are 4 modes in total, ranging from conservative to aggressive:
1. Isolated margin mode: Risks are isolated across positions and do not affect one another
2. Basic mode: USDT and USDC share margin
3. Advanced mode: Spot, margin, and all three types of futures can be used as collateral for one another (the most comprehensive functionality)
4. Delta-neutral mode: An advanced mode for hedging trades
Capital efficiency is completely maxed out!

A friend mentioned that Ms. Ye Tan shared something yesterday.
She recently gave a speech at Shanghai Jiao Tong University and found that even its graduates now have an employment rate of only slightly over 50%.
The future trend is toward one-person companies and super-individuals.
She looked into a prominent financial influencer and found that their team consisted of only two people.

$BTC was almost at $90,000… but instead, the chart printed a double top and pulled back hard.
Now price is holding the drawn support zone.
If buyers defend this area, the setup could be building for the next leg up with $90K back in sight.
This support is the level to watch. Lose it, and the setup changes fast.
#GateBTCSpotVolumeRanksTop3

Mid-Autumn Festival🎑
BIT is really so thoughtful—I’m genuinely touched 😭
The Atour Planet pillow, pajamas, and eye mask are all arranged perfectly. They really understand us—watching U.S. stocks and studying the market every day, honestly, even getting a good night’s sleep feels difficult.
Thank you @Lucio_BIT for putting so much thought into this. I also wish @BITstocks_CN continued success, and hope you keep bringing more warmth to what you do, going farther and farther on the journey of accompanying everyone as they watch the market.
Listen to BIT: you can watch the market, but you also need to get a good night’s sleep 🌙

Received a Mid-Autumn gift box from @MSX_CN, and I was genuinely blown away when I opened it.
This year, every brand is competing to make mooncakes, and Maitong clearly put serious effort into this design. The deep-blue shifting-sand starry-sky box changes its light and shadows as you turn it, and it looks so premium on the desk that it could double as a display piece.
The best part is that it comes with a tongue drum and small mallets. When I feel restless watching the charts or after taking a stop-loss, I can pick it up and tap it a few times. The sound is ethereal and crisp, and the blood-pressure-lowering effect is outstanding—much more effective than looking at candlesticks.
After being in this industry for so long, the people I respect most are those who actually get things done. Maitong has been relentlessly working to bring traditional U.S. assets on-chain, so on-chain funds can gain exposure to high-quality assets without all the hassle. It has pursued this direction with solid focus.
It feels heartwarming to be remembered during the holidays. Thank you, Maitong. Thank you, @BeliaSchoo91221
Wishing everyone a happy Mid-Autumn Festival in advance. May your positions be as full as the moon, and may you achieve a perfect outcome soon.

Latest shakeout outlook for the Magnificent Seven:
1. Nvidia $NVDA
is seasonally weak over the next few weeks, and the market will grind, so don’t get impatient. Either this is already the Wave 2 low and it takes off directly, or it will drop once more, move through a channel, and then rise. Either way, pullbacks are buying opportunities. The only reminder: pay a little more attention to the broader market at the end of September.
2. Tesla $TSLA
looks bullish. It has bounced around 294 and from the 200-week moving average, so consider the low to be in for now. If it can’t get past the previous high, it may form another lower low, create a bullish divergence, and then move higher. Buy if it drops to the lower end of the range. With high oil prices, Robotaxi, and autonomous trucks, its long-term position is very favorable.
3. Google $GOOGL
is leaning weak in the medium term, and it may drop again toward 289–230. Be careful if it breaks 325; a drop would be the buying opportunity. Another possibility is that it is still in an upward wave.
4. Apple $AAPL
has risen, but every new high comes with divergence, and the pattern is becoming increasingly compressed. Chasing it higher now is not worthwhile; wait for it to fall back near the moving averages before buying. Don’t fight it aggressively in the short term.
5. Meta $META
appears to have put in its low for now, with a target around 969. It has not yet broken the previous high, and if the broader market truly collapses, it could still dig another hole, but support is holding up for now. Hold it until it reaches the previous high, then reassess.
6. Amazon $AMZN
The outlook is cautiously bullish. The previous move can be treated as Wave 1, and this may now be Wave 2. It can be bought near the trendline and the 200-week moving average. The current price is neither expensive nor cheap, so adding to the position is fine.
7. Microsoft $MSFT
has most likely completed Wave 4 and should continue higher. A drop into a head-and-shoulders pattern would be the worst-case scenario. Only guard against that possibility if it fails to break the previous high; for now, it looks more like Meta—consolidate first, then rise.
Don’t panic when the shakeout wears you down; the next rally is about to begin.

“I know some Bitcoin believers who are secretly swapping BTC from their cold wallets for ZEC”
In October 2021, Su Zhu said:
“We’ve reached this point: I know people who fly all over the world just to move Bitcoin out of cold storage and buy Ethereum. If your brand is that of a Bitcoin maximalist on Twitter, you can’t publicly surrender because you’ll lose followers, but I’m certain that many of these people privately hold a large amount of ETH.”
Put that quote in 2026 and replace “Ethereum” with “Zcash”—almost nothing else needs changing.
Bankless co-founder David Hoffman wrote an article a few days ago that included a line—
Bitcoiner in the streets, shitcoiner in the sheets.
In plain English: outwardly, they are devout Bitcoin fundamentalists, but privately they are hiding altcoins under the covers.
ZEC rose from outside the top 80 at the beginning of the year to break into the top nine by market cap. It briefly surpassed $1,650 yesterday, with a market cap of $27.4 billion.
Many people are asking: where is all this endless buying coming from?
Hoffman offered an answer. I read it three times.
Schelling point. The term sounds convoluted, but in plain English, it means that when communication is impossible, everyone independently chooses the same option.
What is Bitcoin’s Schelling point? “Only buy BTC; there is nothing outside BTC.” This principle has consolidated $1.7 trillion in consensus—and it worked. Bitcoiners who turn to other assets are shamed, mocked, and ostracized. The Bitcoin community has only one rule: no altcoins. Rule two: everything other than Bitcoin is an altcoin.
But Bitcoiners are human too. They are equally unable to resist temptation, envy, and greed.
Usually, Bitcoiners defect one by one, and no one notices. But every so often, enough defectors move into the same asset that defection itself becomes contagious.
In 2021, that asset was ETH.
In 2026, that asset is ZEC.
Why ZEC?
First, institutional access is opening up. After the Grayscale Zcash ETF (ZCSH) launched in the United States, it recorded net inflows for 16 consecutive days. 21Shares launched Europe’s first physically backed ZEC ETP, listing it on Euronext exchanges in Paris and Amsterdam. Paradigm co-founder Matt Huang publicly confirmed that he holds ZEC, calling it “Bitcoin’s privacy complement.”
Second, a whale short was brutally crushed. Garrett Jin held a short position of approximately 38,000 ZEC, opened at an average price of $665. He closed it on September 20, losing $36.13 million. He then tried to go long and lost another 79k.
Third, the community is evolving itself. Nearly 2.4 million ZEC participated in the vote, with 98.9% supporting the retention of Bitcoin-style halving mechanics while shortening block times from 75 seconds to 25 seconds.
This is not a “shitcoin pump.” It is an old project being repriced.
Hoffman’s most cutting line was:
How much ZEC has risen in dollar terms doesn’t matter at all. What matters is ZEC’s size relative to BTC—$26 billion versus $1.7 trillion, which is still pocket change. What is driving ZEC buying is Bitcoin’s wealth.
There is $1.7 trillion worth of BTC out there. Convincing just 1% of Bitcoin holders to allocate to ZEC would unleash $17 billion in buying.
1%.
Among the Bitcoin maximalists around you, one in every 100 has secretly bought ZEC. You have no idea who it is.
Hoffman also wrote:
“Just in case”—this is the sales pitch Bitcoiners use to promote BTC to the world. Now, the same sales pitch is being used to promote ZEC to Bitcoiners.
“What if quantum computing really does arrive someday?”
“What if regulators really do target transparent chains?”
“What if…”
Bitcoiners used “just in case” to persuade the world to hold BTC. Now, someone is using the same “just in case” to persuade Bitcoiners to hold a little ZEC.
The most ironic part is that no one is publicly admitting any of this.
Bitcoin maximalists on Twitter will not say, “I bought ZEC.” They would lose followers if they did.
But on-chain data does not lie. The Grayscale ETF has recorded consecutive net inflows, institutional ETPs continue to launch, and shorts are being liquidated again and again.
Bitcoiner in the streets, shitcoiner in the sheets.
This line was never an insult. It simply describes a fact—in this market, beliefs are public, while positions are private.#BTC短线回调 #山寨币大幅回落 #Gate广场中秋团圆局 $BTC $ETH $ZEC

Today’s AI U.S. Stock Information Gap:
1. The 10-year Treasury yield hit a 19-year high, while Japan’s 10-year yield hit a 30-year high. With interest rates higher, money is more expensive, so buying bonds is more worthwhile than buying stocks.
2. The Big Short doubled down on its short position in $MU $SOXX $NBIS $PLTR . The basis for shorting storage is that DDR4 sellers outnumber buyers, and $CXMT ’s yield has improved.
3. $IonQ surged 15% at one point before the market opened and closed up 5%. Right after inventing a quantum decoder, it partnered with $NVDA Quantum Research Center—essentially receiving an endorsement.
4. Zuckerberg said that $Meta ’s newly launched AI assistant Muse charges a tiny bit of commission when helping you buy things or book services. It plans to make money from commissions in the future.
5. During the closed-door Xi-Trump meeting, China and the U.S. agreed to extend their trade truce by two months. Topics included trade, chip export controls, rare earths, AI, Taiwan, Iran and the Strait of Hormuz, and Chinese automakers entering the U.S.

On September 24, Bitcoin pulled back, while altcoins were drenched in blood.
MUBARAK fell 32.14%, ONE dropped more than 24%, and the previously strong UNI fell 11.75%.
But two coins barely fell at all.
LIT, which just hit a new all-time high yesterday, is still up 4.75% today. ZEC fell only 6%, holding firmly above $1,500.
Let's start with LIT—it isn't rising on narrative, but on a short squeeze.
The largest short on LIT on Hyperliquid is held with 3x leverage and consists of 2.53M LIT. After LIT broke above $5.3, the unrealized loss on this short exceeded $10.11 million.
More importantly, the position has not been closed yet.
As long as the shorts survive, the short squeeze continues. Every new high makes this position hurt more. This isn't technical analysis; it's real capital strangling the shorts.
Why is LIT so resilient? Because it has tapped into the expectation of regulatory compliance.
Bitwise has just launched the first LIT-tracking ETP on Deutsche Börse's Xetra, with the ticker BLIT. Trading began on September 23, providing European investors with a way to gain exposure to LIT through traditional brokerage accounts. At the same time, Lighter has become the built-in perpetual futures trading venue in Robinhood Wallet, bringing in approximately $7.29 billion in cumulative perpetual futures trading volume since Robinhood Chain went live on July 1.
LIT isn't holding up because everyone is bullish on it, but because the shorts are carrying everyone else upward.
Now let's talk about ZEC—it isn't collapsing because the people buying it aren't here to speculate.
The Grayscale Zcash spot ETF (ZCSH) listed on August 25. By September 18, it had accumulated net inflows of $271 million, while assets under management surged from $651 million to $915 million, a 40.5% increase.
The comparison is even more striking: Bitcoin ETFs saw only $6.21 million in net inflows that week, while Ethereum ETFs recorded $140 million in net outflows. ZCSH had the largest net inflows among the 14 categories of crypto ETFs.
On September 30, ZCSH will also carry out a 3:1 forward split, lowering the entry threshold for each ETF share and allowing more retail investors to buy.
Moreover, ZEC has transformed from a “privacy coin” into “institutionally investable privacy exposure.” Grayscale's ETF holdings account for 3.52% of ZEC's circulating supply, and all the increase came from in-kind creations—institutions are continuously depositing ZEC in exchange for ETF shares.
ZEC isn't immune to declines; the people buying it simply don't care about short-term volatility. They are allocating, not betting.
During panic, capital hasn't disappeared.
It has flowed from Memes without narrative support into assets backed by regulatory compliance and institutional capital.
MUBARAK fell 32%—what does it have? A meme.
ONE fell 24%—what does it have? A public chain that has been making promises since 2018.
ZEC and LIT are barely falling because they are backed by real money from regulated institutions.
The Fear and Greed Index is still 71 today; the market has not turned bearish at all. The money is still in the market—it has simply switched tables.
If your holdings are all pure Meme coins—reassess your portfolio now. I'm not telling you to sell at a loss; I'm asking you one question: if this pullback continues for another week, what reason do the coins you hold have to make someone else buy them?
If you're looking for entry points after the pullback—ZEC and LIT's retracement levels are safer than chasing any Meme coin. Not because they can't fall, but because when they do, someone will be waiting below to pick them up.#BTC短线回调 #Gate闲钱宝USD1最高享8.16%年化 #Gate广场中秋团圆局

Try not to let merchants in the service industry buddy up to you and become “friends”
Once they buddy up to you and become your friends, you’ll pay more and receive worse service
Be extremely cautious—this principle of exploiting regular customers also applies to the male and female models you like

The US Treasury is set to buy back $6B of its own debt tomorrow.
A move worth watching closely for crypto markets.
Potentially bullish for Bitcoin.
#BTCBreaks87000 #GateEuropeAchievesPCIDSSLevel1Certification #GateRanks6thAmongGlobalCEX $BTC ‌

$AGRIPPA Is A Name That Keeps Popping Up Around The Robinhood Chain Meme Scene.
There’s Clearly Some Attention Building Around The Agrippa Narrative, And The Community Is Leaning Into It Hard.
CA: 0x83a49B808F8d5e02CB2931cd2352988f498e5Ba3
Not Affiliated With Meta Or Zuckerberg.
As Always, DYOR Before Making Any Investment Decisions.

$BTC LONG LIQUIDATIONS 🚨
132,221 traders were liquidated across the market, with total liquidations reaching $564.10 million.
Bitcoin’s sharp move just wiped out a huge amount of leveraged longs.

The biggest story in U.S. stocks today wasn’t the decline—it was the 10-year U.S. Treasury yield hitting 5.07%, its highest level since July 2007!
The direct trigger was the preliminary September S&P Global PMI just released: the composite reading came in at 58.4, up from 56.0 previously and reaching a more than five-year high. New orders surged, indicating an overheated economy and persistent inflation.
The probability of an October rate hike has surged to 70%, and the probability of three more hikes over the next 12 months is extremely high!
But don’t worry—we’re in a rate-hike bull market now. The more rates rise, the more bullish it gets 😂
Risk assets’ sensitivity to the discount rate hasn’t changed at all. When interest rates rise, risk assets like stocks and Bitcoin fall—the pattern hasn’t changed at all.
$WTI is already at 92, and even the slightest development in the Middle East will only add fuel to the fire.

What the market is really trading on now is not who will win the midterm elections on November 3, but whether Trump will back down early.
The odds have become completely one-sided: On Polymarket, the probability of Democrats taking the House has reached 91%.
Meanwhile, Trump’s approval rating is at 32%, the lowest ever.
So he must do something before November that can produce immediate positive results.
There is absolutely no way—and no need—for Trump to continue waging trade and tariff wars, attacking Iran, or driving up oil prices before the election.

Looking back at the previous controversies involving Xibei, the aftermath directly caused more than 600 million in brand revenue impact, making the cost of public opinion clearly visible. When Mr. Luo initially raised the controversy and hoped someone would take up the topic for a confrontation, Foreso has now formally put the question on the table:
Before the end of the year, will he publicly apologize for the disputes involving Mr. Yeren and Xibei?
Many voices in the public sphere lean toward “he won’t apologize,” but the situation could reverse at any time.