Bitcoin fell 6% in a day, getting slammed from 81,000 back to 76,000, with over 1 billion liquidated.

Da Chao will break it down for everyone: several things hit the market at once this time.

First, AI stocks crashed. Qualcomm’s earnings missed expectations, chip stocks were all in the red, and the Nasdaq fell 4%. Bitcoin is now moving almost in lockstep with the Nasdaq: when AI stocks fall, it falls with them.

Next, Bitcoin surged to 81,000 on election day—that was the initial reaction. Once the details of the results came out, with Democrats winning both chambers and Texas’s new governor

Myanmar A-shares: All responsibility lies with the U.S.!
U.S. stocks: It’s all the donkey’s fault!
Haha, the elephant is still the same elephant. It’s just that this world doesn’t work the way you think it does.

🔍 Real-World Case Analysis: How Can We Assess the Actual Impact of On-Chain Restriction Mechanisms on Users?

In the past few articles, we have discussed why digital assets may be restricted, learned how to verify contract information using blockchain explorers, and examined common mechanisms such as blacklists, whitelists, paused transfers, transaction limits, and upgradeable contracts.

But understanding technical terms does not mean truly understanding the risks.

The truly important questions are:

When these mechanisms appear in real smart contracts, what exactly do they mean for users?

#ETHDrops5.5% Ethereum just gave back a week of gains in a single session, and the damage is concentrated in one place. From the $2,424.82 close on 4 November to the $2,238 close on 5 November, ETH shed roughly 7.7%, and the intraday low of $2,206 tested a level that had held through most of October. At around $2,242 this morning, the question is no longer whether ETH is weak, but whether the $2,200 zone can hold on a closing basis.

The move in numbers
The 4 November candle opened at $2,274.75, rallied to $2,450, and closed at $2,424.82. The 5 November session opened at $2,424.82, touched $2,

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11.6 BTC Analysis

Analysis: Short near 76500-77000 on a rebound, with a stop at 77500. First target: 75800; second target: 75200.

The 1H chart shows that after reaching a high of 81188, the market came under pressure and fell. High-volume bearish candles successively broke through support, with the price dipping to a low of 75158. The current price is 76187.7. The bullish structure has been broken, and concentrated selling pressure from bears has been released. The market has entered a weak correction, with limited room for a recovery rebound after becoming oversold. On the news front, Democ

2026/11/06 Macro Analysis

Tech stocks and BTC plunged last night, with several major tech stock funds being liquidated one after another. This round of deleveraging was thorough.

The market believes the plunge was caused by a Democratic Party proposal to regulate AI, with violations carrying a maximum penalty of 20 years in prison. AI development is a major trend, and the Democrats will ultimately continue to support it. This kind of news is mostly just a smokescreen for deleveraging.

BTC is currently at 76k. A short-term rebound driven by the nonfarm payrolls report could be a trading oppo

Yesterday’s sell-off was reportedly caused by Trump dumping most of his BTC. During the decline, Coinbase didn’t see strong aggressive selling pressure, and there weren’t large inflows of coins from external sources either. It feels like the market was simply dragged down by U.S. stocks. BTC and ETH have been stronger than U.S. stocks. Yesterday, BTC only fell to around 75,200, with the next support at 74,900. If that level breaks decisively, it could drop to 73,000. The 1-hour chart is due for a bounce, so you could take a short-term long here. Don’t get too greedy right now, or you could eas

11.06 SOL Market Analysis

Short: around 91.50-92.00, stop-loss at 93.20, targets 89.50/88.30.

SOL is currently at 90.24. After a sharp drop from a high of 98.12 to 88.30, the market is now moving sideways weakly near the lows. The moving averages remain in a downward alignment, and rebound momentum is extremely weak. The overall bearish trend remains unchanged.

The 91.50-92.00 area above is both a secondary consolidation platform from the previous decline and a resistance zone aligned with the 1-hour EMA10 and EMA20. Chasing shorts directly at this stage offers limited room, so the strategy

🧭 Day Two Summary: Building Your Own Web3 Risk Assessment Framework—from Understanding Mechanisms to Taking Action

Over the past six articles, we started with a specific question: Why might digital assets be restricted?

We then discussed step by step how to verify information using a blockchain explorer, understand blacklist and whitelist mechanisms in contracts, determine why a transaction failed, analyze administrator privileges and upgradeable contracts, and identify what ordinary users should check before taking on-chain actions.

Today, we bring these insights together.

Because what t

11.6 Bitcoin Public Trading Outlook
【Short Strategy】$BTC
　　Entry range: around 785-792
　　Stop-loss: 796
Take-profit targets
　　First target: 776
　　Second target: 768
Third target: around 760
Fourth target: below 752

Factors: Price is near the lower Bollinger Band, with a short-term bearish bias. MACD is below the zero line, while market depth shows longs in the majority. Large institutions may be holding more spot and opening short futures positions to hedge, with open interest rising. However, selling and adding to positions in the short term can help avoid pullback r

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What is pairs trading? How can you determine whether two crypto assets are suitable for a trading pair, and avoid mistaking superficial correlation for a stable relationship?

In the cryptocurrency market, some assets often rise and fall together, but that does not mean their price relationship will remain stable. Pairs trading seeks opportunities by exploiting relative price deviations between two assets. It involves opening long and short positions simultaneously to reduce dependence on the overall market direction.

First, what is pairs trading?

Pairs trading is a common statistical arbitr

What is momentum trading? Why can sustained price increases attract more buying, and why can momentum suddenly fade?

In cryptocurrency markets, sustained price increases may attract more traders to buy along with the trend, while sustained declines may trigger more selling. Momentum trading seeks opportunities by capitalizing on the possibility that these trends will continue, but a rise does not mean prices will necessarily keep rising, and momentum can weaken or even reverse at any time.

First, what is momentum trading?

Momentum trading is a trend-following strategy that primarily looks a

A scene on the subway.
A beautiful woman says the child bumped into her.

Last night's movements in tech stocks and gold

Repeated attempts to move higher have been thwarted, the center of oscillation continues to move lower, and the bearish trend remains intact!$XAU #黄金

#USStocksFaceHistoricSelloff #ShareWeekly
US Stock Markets Under Massive Selling Pressure: Deep Analysis of the November 2026 Sell-Off
American stock markets are facing a massive wave of selling. Investors are rapidly selling their shares, creating strong downward pressure on stock prices. On November 5, 2026, Wall Street experienced one of its sharpest single-day declines in more than 18 months. The S&P 500 plunged approximately 4.36% (its worst day since the April 2025 “Liberation Day” tariff shock), the Dow Jones Industrial Average fell about 3.44% or roughly 1,833 points, and the tech-hea