$BTC Down 5% in a day—and it turns out it wasn’t just options expiry! Something big also happened in crypto last night.
BTC fell to a low of $76,717 today, failing to hold $80,000 and breaking below $78,000.
The market was already waiting for the Fed news to sink in, and then another trading platform security scare hit.
① Last night’s hack had a significant impact
On October 29, Binance confirmed it was investigating a potential security issue and temporarily suspended withdrawals on some networks.
Even more striking, Tether and Circle subsequently froze more than $2.38 billion in related stab

Recently, $BTC ran into resistance above 81,000. Elevated US Treasury yields and a strong dollar are weighing on risk assets overall. Technically, the market is showing signs of “high-level stagnation + false breakout,” with heavy selling pressure near 81,600. After the breakdown, leveraged longs were liquidated in a cascade, driving prices rapidly down to around 78,000, while sentiment in the futures market shifted from bullish to bearish. $ETH #BTC争夺8万美元关口

ETH should dip to around 2230 again shortly; you can add one lot to your long position then. You can also try a small long position around 2550 now, in case this turns out to be today's daytime low

There will be a rebound; stop out if it breaks 2190.

$5m of $ZAMA has been sold
Now another $5m of $ZRO is going
Many more coins to come
As far as I'm aware, not the most liquid onchain. This could lead to some big price corrections.

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How many people had their positions wiped out by that wick at dawn? I took a look at the large orders on the order book, and the market makers' playbook is basically out in the open. The more I look at this setup, the worse I feel for the bulls. I have to give everyone a quick heads-up.
$BT is now at 78858, with order book imbalance at 37:63 and selling pressure firmly in control. But strangely, a massive $27.19 million buy wall is stacked below 78000. Is it genuine support, or just bait to lure people in? The sell orders around 80,000 aren't budging, and the price can't be pushed through. Do

This damn crypto app—I woke up to 2200, and I’m furious

$BTC ’s limit order finally got filled this morning as that major crypto theft news sent the market crashing—a long opened at 77777. With five 7s lined up like that, I’m willing to bet it can’t fall much further.
Honestly, the moment it filled, I wasn’t very excited. I checked the order book first: bids were down to just 1%, while asks had piled up to 99%. This was no ordinary trade entry—it was like reaching out barehanded to catch a falling knife. That sell wall was thick enough to send a chill down my spine.
The position is tiny, with 30x cross margin and a position size of 179.34—just an a

I realized Ethereum is only good for shorting. Now I understand why people say you should always short Ethereum when things get tough, because it simply can't bounce

BTC, I told you there’d be a big move. This is a massive bull trap—where will it pull back to this time?

ETH Morning Brief | October 30
Ethereum has entered a rebound consolidation after a sharp drop, but remains weak in the short term. Key resistance has yet to be reclaimed. First watch the strength of the rebound; don't rush to call a bottom or blindly chase shorts at low levels.
━━━━━━━━━━━━━━━━
Near-term resistance: 2269—2274
Secondary resistance: 2277—2284
Key resistance: 2293—2298
Near-term support: 2251—2257
Lower support: 2240—2245
Major support: 2231—2235
━━━━━━━━━━━━━━━━
If resistance cannot be reclaimed, beware of another pullback; if lower support holds, watch whether the rebound can

Earned more coins, yet total assets shrank?
The number of coins in your account clearly increased, so why are they worth less when converted to dollars?
Because “the number of coins” and “the price of each coin” are two things that change at the same time.
A purely mathematical example: You originally had 1 coin, worth $1000 each, for a total value of $1000. Later, through some means, your holdings increased to 1.1 coins, but the coin price fell to $800, leaving a total value of just $880.
The number of coins increased by 10%, yet their value when converted to dollars is $120 less than before.

Cancel and repost—do you keep your original spot in line?
At the same price, your order was placed much earlier. So why, after canceling and reposting it, does your turn take so long to come around?
Because even at the same price, orders have a time priority.
In markets that use price-time priority, orders at the same price are usually matched in the order they entered the queue.
For example, you were originally second in line. Then you canceled your order and, a while later, submitted a new one at the same price. The new order usually joins the queue based on when it was resubmitted; your ori