◆ Morning Note｜11-13

As of 09:15.
Recap: 8 deployed last night, 2 filled, 2W/0L.
Live US book: 24h closed +0.86% (2W/0L); +1.87% since 2026-09-29, max DD 11.73%; 1 open (+14.15%).
The three major US indexes pulled back slightly overnight: S&P 500 at 7,592.4, -0.35%; Nasdaq at 25,366.1, -0.39%—a normal consolidation. The 10-Year Treasury Yield rose 10.5 basis points in a single day to 5.103%, and DXY rose to 103.2, reflecting valuation repricing rather than a trend reversal. BTC at $70,986, down 0.66% over 24 hours; the reason is clear: the opportunity cost of non-yielding assets has risen.

P

@AMD Yu Chengdong?

Watching $BARD just drift around in this range is truly agonizing. Everyone is holding their breath, waiting for the next rally. Take profit: 0.1401 Stop loss: 0.1168 Market updates:
$HANA : Current price 0.01721 - 24-hour change: +7.63%
$SOL : Current price 81.5 - 24-hour change: -1.96%

#直通IPO第三期Anthropic
Anthropic ($ANT) is coming to a Gate Direct initial public offering (IPO)!

One of the most anticipated IPOs in the artificial intelligence sector is approaching, offering investors the chance to participate in the highly awaited Anthropic offering via the Gate platform.

Estimated offering price: $70–$78 per share
Participation currency: USDT
Maximum individual participation: 3,000,000 USDT
10% APR support: Applicable in the event that no shares are allocated.
Get prepared: Before participating, review the project summary, participation rules, fees, and risk disclosures.

Warning! Now nearing the 70,000 level—is there still a chance to move higher?

Although I’ve been taking countertrend trades over the past two days, each entry had over a thousand points of room, so overall there have been no losses, just small gains. Going forward, the plan is to stay alert and bear in mind that a sharp rally could happen at any time.

Watch the key support at 67,000 below. As long as support holds, the price could be primed for a rally at any time. The nine-turn signals have now appeared on both the daily and two-day charts, and the decline is also nearing its end. In short,

$BARD I sold too early and missed out on 40 points of profit. My hands are still shaking.
Let me review this trade. Yesterday afternoon, around 0.082, I saw $BARD break above its previous high of 0.0799 on a surge in volume. The 1-hour MACD had a golden cross, and volume shot past 200 million. I took that as a signal that major players were coming in, entered with half my position, and set a stop-loss below 0.075. It moved sideways for about two hours after I entered. When it reached 0.095, I sold a third, thinking I should lock in some profits. But then a massive green candle sent it straigh

Four Ledgers for Fees
Though all called “fees,” where the funds ultimately go and how they are recorded in the ledger differ considerably.
$ET ’s fee structure should be understood in two parts: the base fee is burned, while the priority fee is paid to validators. Whether the extra amount users pay reduces token supply or boosts validator revenue depends on which category the fee falls into. These two flows must not be conflated when discussing the relationship between network revenue and token supply.

$SO ’s mechanism is more granular: half of the base fee is burned and half goes to validato

$BNB topped in October last year at 1,375. About five weeks later it was sitting at 790, roughly 42% lower.

This October it topped at 810. Five weeks later, today, it tagged 650. Around 20% off.

Same calendar, same slow bleed, less than half the damage so far. Last time the real flush only came in February, down near 570. Doesn't have to play out the same, but the shape is hard to ignore.

Cosmos models $20M in annual net interest income for each $1B of escrow deposits at a 200 basis point spread.
Its programmable escrow report frames tokenized deposits as a bank revenue opportunity.
@cosmos

Bitcoin is in a one-way decline, with shorts dominating, and the rebound is nearly powerless. Given the current situation, simply follow the trend: short directly on a rebound to 71500, targeting around 68000#btc

Hehe, some things take time to prove themselves

When prices rise, many people expect a big rally; when they fall, many expect them to go even lower. That’s following the crowd, not a strategy, let alone technical analysis

Sister U 11.3 Friday $BTC BTC Morning Strategy

Entry: Short on a rebound around 70800-71200, stop-loss above 71600, target 68700

The 1-hour chart continues to form a descending staircase, with highs steadily moving lower. This breakdown was accompanied by rising volume, while rebounds have been low-volume corrective moves. The bearish momentum is strong, with no clear signs of a short-term bottom. Market risk aversion is elevated, and funds continue to flow out. Favor shorting rallies; don’t blindly buy the dip.

#MicrosoftEndsOracleLeaseExits3Sites #ShareWeekly

Microsoft’s Oracle Exit: Is the AI Industry Entering a New Phase of Infrastructure Competition?

Microsoft’s latest infrastructure decisions involving Oracle and Nscale deserve a closer look. At first glance, ending an AI cloud computing lease and stepping away from several data center projects could look like a sign that technology companies are becoming nervous about excessive AI spending. However, I believe the bigger story is not declining demand for artificial intelligence. It is the growing importance of infrastructure quality, operatio

BIGGEST AI IPO! Anthropic ($ANT) Arrives on Gate, with a Staggering Valuation of up to $1.4 TRILLION!

#Gate #IPO #Anthropic(ANT)

Here I am bearposting the lows.
But a longer note.
While I maintain that bitcoin has started it's new bull cycle, that doesn't exclude us from the possibility that wait szn might be extended.
Haven't sold anything, and have been adding slowly since we lost 80k.
The landscape has changed since October and we are now looking at a Black Huang event that may or may not get worse. Anthropic is also trying to rush their IPO to market. None of this feels great.
there's a universe where bitcoin ranges between 80s and high 60's for a while. I don't like it. Seems not fun.
A big part of my thesis

Reporting yesterday’s stats to the crew
General traffic: 140k
New followers: 189
Posts: 32
Replies: 1.1k
I have a strong feeling the conversion rate won’t exceed 6%
Because one of my comments in someone else’s comments section went viral yesterday🌚

#Gate直通IPO第三期Anthropic Entering the Trillion-Dollar AI Era: Inside Anthropic’s Historic IPO & Gate IPO Access Phase 3

The artificial intelligence sector is preparing for its most consequential public market debut to date. Anthropic, the pioneering research laboratory behind the Claude model ecosystem, is officially advancing toward its Nasdaq listing under the ticker ANT, with formal pricing scheduled for November 18 and secondary market trading set to commence on November 19, 2026.
While pre-market trackers and secondary valuation benchmarks have circulated extreme price projections includin