David’s Trading Notes (Higher Timeframe)
October 16, 2026
The downturn offered a few bites at the apple. Now that prices have risen, it’s time to talk about the higher timeframes.
At this stage, I think it’s a good time to build positions—a stage where you can calculate and manage your risk and reward.
BTC $BTC (Figure 1)
A weekly close above 81333 would signal strong bulls and mark the first entry point for positioning long.
For a higher win rate, the second long entry: enter after a daily close above 84000.
This is higher-timeframe positioning, not an intraday trade.
ETH $ETH (Figure 2)
Us

BREAKING NEWS :
RWA VALUE ON $AVAX GREW 12X FROM JANUARY 2025 TO OCTOBER 2026.
Based on data: RWA.YXZ (@RWA_xyz) Distributed RWA Value on the Avalanche (@avax) network increased from $140M in January 2025 to approximately $1.73B.
This growth shows the increasing adoption of real-world asset (RWA) tokenization in the $AVAX ecosystem
Source: @RWA_xyz

I paid $5k deposit and within 10 days I’ll send my $245,000 wire.
But - @elonmusk if you’re seeing this, I’m gonna need that Rocket version invite 🙏🏼🙏🏼🙏🏼

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Arguing is one thing
but you still have to eat
A proper verbal lecture is definitely in order🤨

Hi everyone 👋
The market is up today🟢
$BTC ‌BTC is currently trading around $82,140.
$ETH ‌ETH is around $2455.
⭕Fear/Greed Index: 63 - greed
🌍 A few news items:
• Vitalik Buterin: The race for ZK speed is over; the top priority is total zkEVM security.
• Apple has become the second company in history with a market cap of more than $5 trillion.
• The U.S. Treasury strikes Iran’s shadow banks — sanctions against IDB and offshore entities.
• Fed Chair Kevin Warsh: “The path of AI will be rocky, but it will bring enormous wealth.”
• Index giant MSCI is closing its doors to Bitcoin-holding

Happy Friday CT.
Privacy and verifiability should work together, not against each other.
Proving something online should not mean exposing all your personal data. Sometimes, only one fact needs to be verified, yet the process can require sharing much more information than necessary.
@primus_labs focuses on helping people prove the facts that matter without revealing everything behind them. The goal is to make verification possible while giving users more control over their personal information.

$BTC
Korea has taken action
Overseas perpetual contracts
may soon face tighter restrictions
Local exchanges, market makers, and cross-border businesses will all come under pressure
Guys,
this time Korea is doing more than just issuing a warning
October 16
South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) jointly warned investors
that perpetual contracts on overseas virtual asset platforms are becoming a regulatory focus
Recently, some overseas platforms have launched perpetual contracts for Korean stocks and crypto assets
with leverage of up to 200x
Reg

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During this entire drop for $BTC , we’ve seen some nice buy walls get absorbed, similar to what we saw in the previous range before expansion.
There’s a clear pattern in what’s happening here.
Whales wait for the range to establish, then place bids around the lows where we are likely to see manipulation.
Pretty much, exactly what I show myself doing a lot of the time. As usual, that’s when most people capitulate.
It’ll be interesting to see how this plays out, but one thing is clear, there’s plenty of demand, and very few asks above us.

【October 16 Options Settlement Data】
18,000 BTC options expired, with a Put Call Ratio of 1, a maximum pain point of $83,000, and a notional value of $1.47 billion.
Today, 4.5% of Bitcoin options open interest expired. This week, U.S. stocks saw a sharp pullback due to poor macroeconomic data, while cryptocurrencies followed the decline for most of the time, leaving the market relatively weak.
Judging from the major options data, IV is currently at a relatively low level. At 35%, there is not much room for further decline, and the market's expected volatility for future price movements has rea

U.S. September PPI far exceeds expectations, putting Fed rate cuts in doubt again
U.S. inflation has sounded another warning bell for markets! Data released on October 15 showed that U.S. PPI rose 1.3% month over month in September, far above market expectations of 0.5%; the year-over-year increase climbed to 6.3%, the highest level since December 2022. More notably, the index excluding food, energy and trade services still rose 0.5% month over month, indicating that price pressures are not entirely driven by energy.
What does this data mean? The rate-cut path the Fed may have been considering

$XRP Enter a quick scalp short now using 15x isolated margin leverage 📉‼️
Short entry price: $1.332 – $1.343 Take-profit 1: $1.320 | Take-profit 2: $1.305 | Take-profit 3: $1.250 | Stop-loss: $1.362 The short-term trend is bearish, but XRP is rebounding from the $1.28–$1.32 support zone. A confirmed break below $1.310 would further strengthen the short signal.
⚠️ Please wait for the price to be rejected near resistance or confirm a break below support before entering. These are conditional technical price levels, not guaranteed targets. Click here to trade 👇

I don't understand what the Solana project team is thinking. Its event in Shenzhen was shut down last year, and now it's repeating the same mistake in Shanghai. Is holding this kind of event really necessary?$SOL

Ledger just unveiled an $849 hardware wallet after malicious implants were found in devices sold through an Asian reseller.
Atom promises anti-tampering protection, AI agent approvals and post-quantum security.
Shipping in summer 2027.
Guys, $849 for a crypto wallet. Would you pay it?

Both bulls and bears can make a case for $ZRO , but both are missing the same card
$ZRO There’s a classic debate underway: one side points to the 24-hour gain of 16.76% as proof of direction, while the other cites key levels in rebuttal. I’m not taking sides based on the move for now, because after $ZRO’s sharp 24-hour rally, the question of whether momentum will continue is still unanswered. I won’t extrapolate the big move that has already happened into the next leg; first, I’ll see whether the price can hold in its new range.
Laying out the chart, the current price is 2.215, and the 24-hour

$ZEC has ripped 11% off the lows and is now reclaiming the moving average cluster.
Trading Plan Long ZEC
Entry: 1,210 - 1,230
SL: 1,060
TP1: 1,253
TP2: 1,300
TP3: 1,348
ZEC is up 11.35% today at $1,226.30, staging a powerful recovery from the $1,065.50 low. Price has reclaimed the MA5 at $1,223.62 and sits right on the MA30 at $1,214.06, with the MA10 at $1,174.30 below. That is a bullish stack in progress — the short-term averages have crossed back above the longer-term ones, which is a classic reversal signal.
The MACD is the standout here. The histogram is deeply positive at 9.79, with DIF

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