Let’s first review the intraday outlook we shared yesterday: BTC moved 2,200 points, while ETH moved 75 points. The market saw the corresponding volatility as expected.
As for today’s sharp drop, many of you are wondering what caused it. In fact, this move resulted from multiple bearish developments converging.
Among the events with the biggest impact, a leading exchange was hit by a hacker attack in the early hours, with cumulative losses of around 6 billion U. The news immediately shook market confidence.
Meanwhile, US-Iran tensions remain elevated, increasing geopolitical risks and quickly

Wait for the fat pitch.
Swing for the fences.

159 | Public chains are getting hotter. Can all ecosystem tokens benefit?
When looking at a hot public-chain sector, I want to avoid the blanket statement: “This chain is taking off, so all the tokens in its ecosystem will rise.”
On-chain activity is certainly worth watching, but when it comes to a particular token, we need to fill in the connections in between.
Which apps are seeing the new activity? Is the project I’m watching actually being used? Does using that app require its token? Is any new revenue or demand flowing through to the token?
Being part of the same ecosystem doesn’t mean ev

#HYPE逆市大涨
🚀 **HYPE Surges Against the Market Trend: How Is Hyperliquid Attracting Investor Attention While Bitcoin and Ethereum Face Pressure?**
The cryptocurrency market is experiencing another period of uncertainty, but Hyperliquid's native token, HYPE, is moving in the opposite direction. While major cryptocurrencies are struggling with selling pressure, HYPE has recorded a remarkable rally, attracting attention from traders, institutional investors, and the wider blockchain community.
On October 29, 2026, HYPE climbed approximately 18% during the rally, reaching around $95 and approaching

For the midterm elections, I don't have big dreams. I'd be happy if my account grew and made a profit of 1WU. #晒出我的持仓收益

Weak. $WLD is currently at 0.3878, down 6.487%, but hourly trading volume is only 0.56% of normal. A big enough drop only shows that the price has been pushed down; it doesn't mean there are real buyers absorbing the selling. A decline without volume looks more like a slide in a vacuum than trend confirmation.
If the price continues hovering near the 0.36 support but still can't bring volume back to normal levels, can this decline really be considered trend confirmation?
My view: weak, but the low level of trading participation makes this decline less credible. A drop on declining volume looks

☀️☀️☀️Congrats, all the long-term positions you set up are in place (exactly as predicted)

No shorting at the highs, no shorting the rebound—none of that matters. You need to learn to trade breakdowns🤣🤣🤣
83500 breakdown, 82000 breakdown, 89500, 77500
The first long entry at 79300 went straight to 81500
2430 breakdown, 2280 breakdown, 2250 breakdown
Starting a long at 2180. Let’s see how far it can go

$BTC This long position got taken out with pinpoint precision. I was liquidated at 76500; otherwise, I’d have already locked in the full profit. Now all I have left is a small position to ride it out with. This is so frustrating. $BTC The futures market is really making my blood pressure spike.
Risk warning: Futures trading carries extremely high risk. Please manage your position size and risk carefully. (The above is solely my personal opinion and does not constitute investment advice. Please view market risks rationally.)

156 | The vote passed—has the upside already played out?
When I see a project proposal pass a vote, I remind myself: don’t turn “everyone agreed” into “it’s already been implemented.”
A proposal may go through discussion and voting, then enter a waiting period, and only then be carried out. Processes vary by project; some votes merely express intent and still require further development and deployment.
For example, support for a buyback plan is a different stage from a buyback actually happening on-chain. The budget, execution timeline, and implementation method could still affect the outcome.

157 | On-chain price anomaly—will contracts move with it?
When I see an abnormal price suddenly appear in an on-chain pool, I don’t immediately equate it with every market moving to that price.
A more useful question for trading decisions is: where does the product I’m watching get its price?
On-chain lending or derivatives protocols may obtain reference prices through oracles. Different protocols use different data sources, update conditions, and anomaly-handling methods, so a price change in a small pool doesn’t necessarily get passed directly to another system.
But if the price source a sys

When my on-chain balance goes up, have I really made money?
When reviewing my on-chain assets, I also open the borrowing page. Looking only at my wallet balance can sometimes make borrowed money look like growth of my own.
Here’s a hypothetical example: I originally have $10,000 in assets, then borrow $4,000 in stablecoins against collateral and leave the stablecoins in my wallet. Looking at the collateral and wallet together, I have $14,000 in assets, but also $4,000 in liabilities. Ignoring interest and fees, my net worth hasn’t increased.
If I use the borrowed money to buy other coins, the

Slow is fast. Today is 2026/10/30, the contract account is 8030.22u. Results will show in November.

#IntelBeatsEarningsButStockPlunges

Writing
Intel Beats Earnings, but Its Stock Plunges: The Timeline Behind Wall Street’s Surprise
The Myth: Beating Earnings Always Makes a Stock Go Up
Many investors believe that when a company reports better-than-expected earnings, its stock should rise. But Intel’s latest results show why this is not always true. A company can deliver strong quarterly numbers and still disappoint investors if its future outlook looks weaker than expected.
On October 29, 2026, Intel reported its third-quarter financial results, beating expectations for adjusted earnings. H

Does an address receiving coins count as a purchase?
When looking at an on-chain address, I remind myself: receiving coins only tells me that coins came in. To know whether they were bought, I need to dig further.
It could be a transfer between the owner’s own addresses, a distribution claim, a reward, or assets withdrawn from a protocol. Taking a screenshot of an incoming transfer and calling it “a whale adding to its position” leaves out too much information.
What I really want to know is what it paid for those coins. Was there a corresponding swap? Did another asset flow out? Were there mul

#英特尔财报超预期股价却暴跌
#HYPERalliesAgainstTheMarket
Intel Q3 Earnings: Strong Beat Meets Harsh Reality Check as Stock Plunges Nearly 23%
Intel Corporation delivered third-quarter results that surpassed market expectations on key profitability metrics, yet its shares suffered one of the sharpest single-session declines in recent years. The stock dropped approximately 17% to more than 23% in after-hours trading following the release, with some reports citing a plunge near the 23% mark from the prior close around $92.07. This reaction underscores a classic Wall Street dynamic: investors look past the r

Long ETH at 2184, long BTC at 76500

Day 2: from 30U to 30,000U#合约挑战