Yang Guang bit | October 17 $ETH — Rejected at rebound highs and pulled back; favor selling rallies amid surging oil prices
【Today’s Strategy】
Entry: Set up short positions on a rebound to the 2430—2445 range
Stop-loss: Above 2465
Take-profit targets:
First target: 2400—2410
Second target: 2375—2385
【Key Takeaways】
ETH rebounded with the broader market to 2493.48 last night before coming under pressure and pulling back; it is currently trading around 2417. On the 4-hour chart, price is below all moving averages, which are fully bearishly aligned, and the weak structure remains unchanged. On t

The Scumbag’s Take on CL Crude Oil 10.17
Since breaking above the downtrend line, CL has rallied for more than a week. In my view, it’s now back near its previous highs, and the U.S. has already released a substantial amount of crude oil from its reserves.
Next, we’ll want to watch whether CL tests the false breakout level near 109 next week.
Once it reaches that level, U.S. stocks may also be due for a rebound. The inverse correlation between the two is clear for all to see.

ethereum:0xfe0c30065b384f05761f15d0cc899d4f9f9cc0eb

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#美国9月PPI大超预期 #每周来晒 US CPI and PPI both come in scorching hot: What this week’s inflation data signal for markets ahead
This week’s US inflation data sent shockwaves through global markets. September CPI rose 3.7% year over year, the highest in five months and above the market forecast of 3.6% and the previous reading of 3.4%; core CPI rose to 2.6% year over year and held steady at 0.3% month over month for a second consecutive month, both above expectations.
The PPI released soon afterward was just as startling: it rose 6.3% year over year, its biggest increase since December 2022, while the 1

Anyone trading this coin? Long or short? $AGT ‌

Scumbag Watch: BTC Update 10.17
Bitcoin hit a high around 82800 yesterday, then dropped to 80800. The Scumbag’s strategy seems to have been pretty accurate, but after opening a position, the Scumbag felt the entry wasn’t ideal and didn’t continue. Last night, when the price reached around 82500, the Scumbag didn’t open another position either.
I wonder if any fellow Scumbags followed along.
Now let’s see how things go next week. The big bullish candle from 9.18 is currently providing support, and it has held several times already. Of course, we can’t rule out the support failing and the price

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The Bitcoin spot ETF with the largest net inflow yesterday was BlackRock's IBIT, with a daily net inflow of $16.7857 million. IBIT's cumulative historical net inflows have now reached $65.64 billion.

The sell-off has dropped to the absolute bottom support level, leaving almost no room to short here; seize the rebound opportunity from the local low. The long position was opened on $ZEREBR .
Current planned entry: 0.032340 - 0.033067 Take-profit A: 0.035089 Take-profit B: 0.036997 Stop-loss: 0.030723 Try trading here. Monitoring market developments on $SKHYNI and $Q .

Bears are crushing down! UNI's 90% token distribution is distorted; shorting from elevated levels is the only answer! Direction: Short Entry: 7.26 - 7.30 Target range: First target 7.00, second target 6.73 Entry rationale: Extremely bearish capital flows: the capital flow score is -48, with massive net outflows over 1D, 3D, and 15D; major players are firmly exiting. Distorted position distribution: the long/short ratio is as high as 90%, and a massive concentration of long liquidations lies in the 7.4-8.0 range overhead, creating enormous resistance to an upward move and making a cascade of li

Maybe we should all become eunuchs from now on. Society is too dangerous.

How are the guys who chased longs above 82500 yesterday evening doing now?!!! 😱
That market maker’s performance during the day deserved an Oscar: it played dead and moved sideways at 82180 all day, then from 6 to 8 p.m. deliberately pushed Ethereum to 2470 and Bitcoin to 82600!
How many retail traders saw that and thought, “Hey, it’s about to break out!” In a rush, they all jumped in to chase longs above 82500!
Then, as soon as the 8 p.m. candle flipped, the main players didn’t give them even a second to escape. Opening at 82598, they slammed the door shut and drove the price down hard, crash

Listen to me
Whether it’s U.S. stocks or crypto
You won’t feel sad if you close your eyes 😭

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Fed Chair Warsh spoke yesterday and gave no clear signal, and the probability of an October rate hike was cut in half.
Warsh spoke yesterday at the IMF and World Bank annual meetings in Bangkok, but didn’t reveal what would happen at the end-of-month rate meeting. CME FedWatch showed the probability of an October rate hike falling from nearly 30% to around 15%, giving the market some relief.
In crypto, BTC briefly fell below $80k on Thursday for the first time in a month, but reclaimed it in less than two hours. It’s now hovering around $81.5k, while ETH is around 2,440.
The altcoin market was

The S&P 500 is gearing up for a brutal plunge. That’s not just my opinion—the historical data says so. In 16 of the past 17 midterm election years, the same pattern played out: a sell-off came first. In other words, the odds are over 94%. Look at the examples: In 2018, the S&P 500 hit a new high of 2,930 in September, then fell to 2,351 by December, a nearly 20% drawdown. In 2022, it dropped from 4,818 in January to 3,491 in October, a decline of about 27%. From April to July 2010, it also fell about 16%; from July to October 1998, it dropped nearly 19%. The magnitude varies, but the rhythm is