Nov 13 $ETH Market Update
The 1,900 level has been breached. What’s next?
Looking at the current market, the price bottomed just above 1,890, down more than 7% in 24 hours.
At the same time, $BTC also fell below 68,000, hitting its lowest level since Aug 20. The entire market plunged.
Since prices started falling, every rebound has been brief. There are few buyers and more sellers, so bears are still in control in the short term.
ETH liquidations totaled $104 million over 24 hours, with longs accounting for 89%. Most of the leveraged positions opened by dip buyers have been wiped out. But op

Why does spot-futures arbitrage seem like guaranteed profit, yet still lose money in practice?

When Bitcoin futures prices are significantly higher than spot prices, a common approach is to buy spot and sell futures, then wait for the price gap to converge and profit from it.

This strategy is commonly known as cash-and-carry trading (Cash-and-Carry). It has a clear pricing rationale, but that does not mean it is risk-free.

First, the price gap is not the same as the final profit.

Suppose an asset’s spot price is 100,000 USDT and its futures price is 102,000 USDT, making the apparent gap 2,

How can out-of-sample testing help prevent mistaking accidental patterns in historical market data for a lasting edge?

A trading strategy performing well in historical backtests does not mean it can adapt to future markets. To reduce the risk of overfitting, out-of-sample testing is a crucial step in validating a strategy.

First, what is out-of-sample testing?

Simply put, it means dividing historical data into different periods: one part is used to develop the strategy and adjust parameters, while another is excluded from optimization and reserved specifically to test how the strategy perfo

Just thinking about that 68.4k level at lunchtime
At 68k, surely they'd let people finish their noodles
Then, just before 2 p.m., it broke through another level 🥲
Around 1:56 p.m.
BTC crashed below 68k, bottoming around 67.5k
Now around 68.2k, down about 7.3% over 24 hours, with a high of about 73.7k
The liquidation figures look bad too
BTC liquidations over 24 hours were about $901 million, with long positions accounting for about $870 million, or roughly 97%
ETH bottomed around 1,890 and is now back near 1,910
That whole-number level disappeared in an instant—I’ll finish my noodles before t

here we are
locked in at my favorite cafe in saigon
today’s drink: the “Forest”
espresso, sparkling water, apple juice and cinnamon
France still has a lot to learn about coffeeshops

The #EthereumFoundation-linked wallet (0x5CBC) just dumped another 2,000 $ETH ($3.87M)!
Every time #EthereumFoundation-linked wallets dump $ETH, the price drops.
Oct 12: $ETH down 9%.
Oct 26: $ETH down 7.7%.
Nov 10: $ETH down 10.4%.
Today marks the 4th sale. How much further will $ETH fall?

Prices, Open Interest, and Funding Rates Are All Rising—Is the Market Overheated?

As the crypto market continues to rise, when prices, open interest (OI), and funding rates all climb at the same time, many traders may think the rally is accelerating, while others worry that long positions are becoming overcrowded and the market may be nearing a reversal.

But the simultaneous rise of these three indicators does not directly mean the market is about to peak. What really matters is what each one reflects and whether their combined signals warrant concern.

First, rising prices mean that market

$PEPE Currently trading at 0.00000459, up 2.69% over 24H. The 1H trend is strong, with price above the EMA20 at 0.00000453 and RSI at 72 (overbought). The 4H trend is weak, with EMA20 at 0.00000475, RSI at 21 (oversold), and volume at just 0.2x. Watch: Further upside is only worth considering if price breaks above and holds the 0.00000469 resistance with increased volume. A break below the 0.00000429 support without a reclaim would signal short-term weakness. Monitor whether price can hold above 0.00000469; insufficient volume or a break below 0.00000429 would invalidate the signal. The market

Nobody enters crypto knowing everything.
Everyone starts somewhere: learning what Bitcoin is, understanding wallets, exploring blockchain networks, and making sense of unfamiliar terms.
Don't let complicated conversations discourage you from learning.
Ask questions, stay curious, and improve one step at a time.
Your learning journey is valid. 💡
#CryptoBeginners #LearnCrypto #Web3

A speech at the Oxford Union reveals the truth about entrepreneurship in the AI era: Can one person take down an entire team?

In his “Start Alone” speech at the Oxford Union, Dr. Han shared 13 years of entrepreneurial experience at Gate. What’s most worth considering isn’t how hard entrepreneurship is, but how AI is changing the rules of the game.
In the past, starting a business first required money, people, and resources. Just hiring, management, finance, and marketing were enough to make someone question their life.
Things are different now. AI can help write proposals, conduct research, a

What Is Trade Expectancy? How Can Win Rate, Average Profit and Loss, and Trading Costs Help Determine Whether a Strategy Has a Long-Term Edge?

In cryptocurrency trading, making money in the short term does not mean a strategy will work over the long term. Catching one big market move by chance may hide problems with the strategy itself. Trade expectancy helps us evaluate a strategy as a whole, rather than judging it based on just a few wins or losses.

First, what is trade expectancy?

Trade expectancy is the average potential return per trade when repeatedly trading according to a particular

Bitcoin monthly RSI will reach oversold conditions, confirming the first ever secular bear market
I have be stating this for MONTHS
It is going to SLICE right though support

#晒出我的持仓收益 zec, you won't let me down, the gains keep coming

11.13 Qiqi on Gold Midday Review: Price Pulls Back After a Spike, Entering a Tug-of-War; Rebound Upside Is Limited!

Gold prices spiked to test the 3923 high in early trading before coming under pressure and moving lower. After a sharp drop, they bounced slightly and are now consolidating around 3898. Upside momentum gradually faded after the early-session spike, intensifying the market tug-of-war between bulls and bears as they await the PPI data to determine the market’s direction.

After a rally, the market is taking a breather. The short-term rebound is weak, the previous bearish structure

Why Can Spot-Futures Arbitrage Still Lose Money in Practice, Even Though It Seems Like a Sure Win?

When Bitcoin futures prices are significantly higher than spot prices, a common idea is to buy spot while selling futures, then wait for the price gap to close and profit from the difference.

This strategy is commonly known as a cash-and-carry trade. It has a clear pricing rationale, but that does not mean it is risk-free.

First, the price gap is not the same as final profit.

Suppose an asset’s spot price is 100,000 USDT and its futures price is 102,000 USDT, for an apparent gap of 2,000 USDT

What Is Forced Liquidation? Why Can Even a Small Move in the Opposite Direction Put an Account at Risk of Liquidation?

In crypto derivatives trading, many traders focus on how much the price could rise while overlooking how much of a move in the opposite direction their account can withstand. When margin is insufficient to meet the exchange’s maintenance margin requirements, the platform may automatically close part or all of a position. This is forced liquidation.

First, why does forced liquidation happen?

After a position is opened, a move in the opposite direction causes unrealized losse

11.13 Gold Commentary
Tonight’s U.S. session will decide gold’s fate next week
If gold closes above 3950—or even 3985—it still has a chance of being rescued next week and may avoid ending up in a vegetative state. The higher time frame still points to a possible double bottom, while the lower time frame could form a head-and-shoulders bottom—a bullish scenario!
The bearish scenario is that if the weekly chart closes with a moderately bearish candle, there could be another low next week
Friday’s price action is usually pretty wild—what if? Make a last-ditch effort: either sit tight and wait for

What Is Overfitting? Why Can More Perfect Parameters Make a Strategy More Fragile?

A trading strategy may perform almost perfectly in historical backtests, with a high win rate, a smooth return curve, and a very small maximum drawdown, making it seem as though it has found a pattern in the market. But once it enters the live market, it may suffer frequent losses. One important reason for this is overfitting.

First, what is overfitting?

Simply put, it means a strategy has adapted too closely to specific fluctuations and random events in historical data, without truly identifying patterns tha