Tonight’s U.S. stock market is really twisting the knife.
The Nasdaq is now down 2.5%, and tech stocks are facing another wave of selling. Hot companies in the AI supply chain like Nvidia, AMD, Broadcom, and Micron have almost all been caught up in it.
Meta is being punished by the market for spending too much on AI. Tesla cut capital expenditures and is still being punished by the market.
Spending too much is no good, and spending too little is no good either.
Put simply, investors are fed up with AI stories that only talk about the future but are slow to deliver returns.
Let’s start with Met

#GateWCTCS9全球交易赛 #GateWCTCS9GlobalTradingCompetition WCTC S9: a four-day countdown to the starting line
Registration closes and the competition begins on October 26, so there are four days left to get ready. I built this post as a day-by-day training plan, with the latest numbers filled in, so the race is decided by preparation and not by panic on day one.
The scoreboard before the start
Interest keeps growing. In its first 24 hours, WCTC S9 drew over 21,000 registrations and 2,454 squads. A recent update shows over 50,000 traders and 5,663 teams registered. By my math, traders are up about 2.

solana:TcnKFgDZc6RhAz83JHHbWeZ5wLc2at8iHK6FhsxkTLh the Vamp went over 40x from lows and the real OG can’t even break $30k 😔 after over a month of accumulation
TcnKFgDZc6RhAz83JHHbWeZ5wLc2at8iHK6FhsxkTLh
This #memecoin market is rigged by insiders and KOLs
#crypto

$SNDK This SanDisk market maker is disgusting. I was going to go long 🐶, thinking it was a reversal of the long-term trend, but it turned out to be a bull trap. Good thing I got out, fuck.

$BTC 24-hour -4.27%, now at 81,108.13. The 1-hour chart is weak, and the 4-hour chart is weak. Whether the two charts are saying the same thing matters more than the gainers and losers list. The key point here is that oversold does not mean a bottom is in. RSI entering low territory only means selling pressure has been released in a concentrated wave; the price may rebound. Only a stop to lower lows and a reclaim of key levels would add evidence that the decline has stalled. A sharp-looking drop can make something feel cheap, but cheap is a feeling; a decline that has stalled is evidence on th

Treat $ENA as a question to be tested: current price 0.1978, 24-hour change -9.22%, participation at 0.09x. What we know is clear; the key unknown is whether real buying emerges once key levels are reached. Here’s a simple way to look at it: a sharp 24-hour rise or fall describes what has already happened. Whether the next move continues depends on whether key levels and trading volume continue to align. Gainers and losers lists record the past; what’s most misleading is treating the past as the next move.
Don’t fill the chart with lines. This time, just note 0.1947 and 0.226, plus the outer

SoFi's new token pays 4.40% a year on dollars you're holding for crypto.
Swap it 1:1 into SoFiUSD, the bank's own stablecoin, and the interest stops. US rules bar stablecoin issuers from paying it.
On $10,000, that's $440 a year vs $0.
Same bank. It just calls one a deposit.

#美股AI和加密概念上涨
AI Chips vs Crypto Stocks: My Strategy for the Next U.S. Market Move
U.S. tech stocks are rebounding, and I am watching one important question: Will AI chip stocks lead the next rally, or will crypto-related stocks take the lead?
The Nasdaq gained approximately 1.05% in the reported session, while AMD, NVIDIA, MicroStrategy (MSTR), and Coinbase (COIN) attracted investor attention.
In my view, three factors are supporting the rally: improving corporate earnings, continued expectations for AI demand, and stronger investor risk appetite. However, the next move will depend on whether

🚨 The US stock market wiped out $950,000,000,000 today so far.
Are you ok?
$SPY $SPX #SP500

This is a real major screw-up,
PTT stock board users are discussing,
a certain domestic brokerage automatically placing long and short futures orders for you,
Fuck, I've never heard of such a crazy ghost story!
Who’s responsible if your position gets liquidated?

Getting unstuck isn’t about gambling, but planning.
Don’t stubbornly hold or blindly average down; adjust your positions with the trend and keep the pace in check.
Stay calm, exit in stages, and gradually work your way out of losses.
If you’re unsure about your positions, we can sort through your strategy together. #Gate第三季度报告出炉 $ETH ‌

stocks nuking [globally], crypto nuking, metals nuking, bonds nuking
vix up, correlation between oil and bonds down, dxy down
usually people on my page look to me for some sort of explanation/positioning;
I have no fucking idea what's going on so I'm stepping away for now.

Damn, I had way too much hope for this market yesterday. Looking at the overall picture, support near the 80k level has been tested many times, so I feel like we should be able to reach some of the levels I mentioned earlier in the short term. I actually pointed out last month that the monthly chart was still being held down by the Bollinger Band middle line, and that it would most likely turn bearish from here. I didn't expect this rebound to fail to even reach the resistance levels above. At this point, it's clearly just a bull trap. Looking at the daily chart, it rises for three or four day

Bitcoin, Ethereum, XRP price outlook as US jobless claims hit 57 year low
Bitcoin ( $BTC ), Ethereum ( $ETH ) and $XRP are facing renewed uncertainty over the Federal Reserve’s interest rate outlook after US initial jobless claims fell to 194,000, bringing layoffs close to their lowest level in 57 years.
According to the US Department of Labor’s October 22 report, new applications for unemployment benefits dropped by 6,000 during the week ended October 17, compared with economists’ expectations of 200,000.
The four week moving average fell by 1,000 to 197,750, while continuing claims rose by 2

The market has liquidated 200M$ in short trades, one of them was mine.
Was that Starbucks drink a financial risk or will we make it back?

$FIL Current price: 0.9527. Key short-term levels are the lower Bollinger Band at 0.9424 and MA5 at 0.9604: the former is the last line of structural support, while the latter is the rebound confirmation level. If price cannot reclaim it, this is merely a weak recovery. $FIL Down 12.12% over 24 hours, MA5 at 0.9604 is already below MA20 at 0.9991, and the MACD histogram at -0.005178 remains bearish. RSI at 23.5 has entered oversold territory, but oversold does not mean a bottom is in; it only means the pace of the decline may slow.
Volatility-wise, the range over 30 candles is about 15.45%, w