Orbit: Crypto Community Feed

Did everyone see today's news? Ethena's move is quite interesting! First, the official announcement said that starting at the end of this month, all token incentives and inflation related to USDe will be completely stopped. Actually, since the first airdrop in 2024, the rewards have already shrunk by 85%. This time officially marks the end of the high-interest subsidies, completely cutting off the support. Logically, when a project stops subsidies, the token price should drop, right? But $ENA went against the trend today, leading the altcoins and even touched $0.28. Why? Because they quickly partnered with Binance. On September 25th, they just announced that they will shift the USDe basis strategy from crypto perpetuals directly to perpetuals on tokenized US stock bStocks. In other words, they are going to do arbitrage in the US stock market. But is this really something to celebrate blindly? I think there are two sides. The good side is that the project finally stops relying on crazy money printing to artificially expand scale and starts seeking real external returns; the bad side is, after stopping the high incentives, can USDe's market cap remain stable? How big is the capital capacity for the US stock basis arbitrage? These are all unknowns.

$DASH is truly the god of the privacy sector, definitely worth my heavy long position holding you, even more exciting than $ZEC, hoping it can surge to 70 As the second leader in the privacy sector, DASH doesn't rise as sharply as ZEC but has greater potential. ZEC has boosted the sentiment in the privacy sector, and DASH could easily absorb ZEC's funds anytime. Reaching 70 is not a big problem, keep holding, if you want to follow the speed, it's absolutely stable 🔥 #BTC现货ETF连续6日吸金超28亿美元

OKB digesting chips at a high level, can it create new highs later? OKB's overall upward trend in this wave is very strong, rising steadily from a low point, reaching a high of 126.49. Recently, it experienced a surge followed by a pullback and is now oscillating around 121 to digest profit-taking. As a leading exchange platform token, its market trend is largely tied to the overall market, while also influenced by the exchange's own business and buyback and burn news. In this round of rise, the bull market has driven a rebound in exchange trading volume, releasing the value logic of platform tokens. However, after continuous gains in the early stage, a large amount of profit-taking chips have accumulated, creating a short-term need for a pullback and digestion; it will not keep surging unilaterally. In terms of practical strategy, it is not recommended to chase high entries or rush in just because of a big bullish candle. If you want to position, you can wait for a pullback to stabilize and then buy in batches at lower levels, rather than going all in at once. The 123-126 range above is a strong resistance zone that requires volume to break through effectively; if the overall market weakens, the platform token will also follow with a correction. Spot trading is suitable for buying in batches on pullbacks, and leverage should be reduced as much as possible in contracts. Platform tokens are relatively volatile and follow BTC; only when the overall market stabilizes is there room to continue upward. Manage your position well, set realistic expectations, and do not blindly fantasize about continuous surges. Volatile shakeouts are normal on the way up, so patiently wait for capital to choose a direction.

Today, the most striking thing about small coins is not the overall rise, but the sudden widening gap between the strong and weak: SUI surged nearly 20% in one day, LINK directly shot up to $14, while XRP is still slowly recovering around 1.57. One is entering an accelerated sentiment phase, one is following a trend, and one has yet to break free from previous high resistance. #HighBetaReacceleration #FundsStartChasingStrength $SUI is currently around 1.18, with a low of 1.10 and a high of 1.217 today, a 24-hour increase close to 19%. The 1.10–1.12 range has become the first pullback zone, with short-term resistance at 1.20–1.22; only after firmly holding above this can we look to 1.25. After several days of accelerating from around $1, this is clearly no longer a position for blind chasing. $LINK is currently about 14.0, with a high of 14.125 today. The 13.65–13.8 range is the first support zone, with a breakout expected at 14.1–14.2; only after firmly holding above this can we look to 14.5. LINK’s biggest advantage this round is that every pullback keeps raising the lows. $XRP is currently about 1.57, with 1.50–1.52 still the first defense zone. The next target upward is 1.60; only after truly breaking 1.63 will there be a chance to retest the previous high of 1.658. This lineup: don’t chase SUI straight up, wait for LINK at 14.2, wait for XRP at 1.60. The most dangerous time for high Beta is often when the gainers list looks the most impressive.

🔄 Saturday evening ace two: 84000 sideways all day, which of the five cross-market brothers is rotating? $BTC near 84073, grinding up from 83500, stuck at the 84000 level all day. After the 25bp rate hike was implemented, the market surprisingly didn’t fall — is the bad news fully priced in turning into good news? 8300 is the base cost line, 84500 is short-term resistance, whether it can break 85000 tonight depends on volume 📊 $ENA near 0.24, up 14.33%, Ethena stablecoin yield token. It rose 8.44% yesterday to 0.2227, and today directly pulled up to 0.24798, up 20% in two days. The stablecoin narrative is exploding, 0.25 is short-term resistance, a breakout could target 0.30 🚀 $ASTER near 0.7299, up 2.53%, decentralized perpetual contract DEX. It rose 2.85% yesterday from 0.7047, continuing up to 0.7299 today. While the market is sideways, DEX rebounds first; retail traders open contracts and it collects fees. 0.73 is short-term resistance 📈 $HYPE near 92.2, down 1.26%, Hyperliquid decentralized exchange, with 97% protocol revenue buyback. While BTC is sideways, it’s still grinding; 90 is the lifeline, breaking below looks at 88. Supported by real revenue, dips are bought 💪 $SNDK near 1778, up 0.84%, SanDisk storage chips. It fell 3.29% yesterday at 1770.4, slightly rebounded today. Storage chip earnings season is taking over with gains, 1800 is short-term resistance 💾

Here's a point many people haven't noticed, which I've mentioned before: the real peak of the last bull market was actually in August, not October. The October spike was purely a fake-out, shaking out both shorts and longs. Looking back with this logic, the early bear bottom hit in July this year, a month ahead, makes perfect sense, right? So how should we respond next? The key is to guard against fake-outs that clear longs. Don't short; place orders to buy spot near the concentrated liquidation zones of contracts. Buy a little on small dips, buy more on big dips. I've long warned that the last bull market peaked in August, not October, and that bull run itself never fully reached its potential, so the bear market won't fall too deep either. If you calculate a 70% retracement, it should be from 150,000 down, not 126,000. When everyone thinks it's time to bottom-fish, it's already too late; the market won't give you that chance. The bottom always comes early, never waits until October. I also called to get in around 62,000. Now laying out this logic again, everyone should carefully consider their positions and how to act accordingly. #BTC现货ETF连续6日吸金超28亿美元 #美债长端利率持续攀升，融资压力升温 #特朗普据悉拒绝7天方案，霍尔木兹重开再生变 $BTC $ETH $SOL

Something's going on, is Bitcoin really that strong? It can't fall, only rise? Sol is skyrocketing, is there an opportunity to trade CRCL? Let's take a quick look. 1. First, let's talk about BTC. It is indeed strong, buying pressure is significant, it doesn't fall much, and some folks are anxious, feeling they can't find a good entry point. But if you look closely, although Bitcoin doesn't fall, it also doesn't rise; the price is still around 83,000-84,000! So now, how to operate? 2. Undoubtedly, BTC's first strong support is at 82,000-83,000, which was also our first buy-in point after topping out on Tuesday. Although it has rebounded a bit now, the price is still near 83,000. I think you don't need to worry; buying back some now is fine. Anyway, as long as you sold at the top at 87,000 on Tuesday, buying back now is still profitable. 3. However, Shu Qin is still cautious and hasn't gone all in because the China-US meeting just ended. I want to observe for a few more days and decide next week whether to buy a second batch of spot or low-leverage contracts based on the situation. What about Sol? What's going on with Sol, why isn't it falling and is hitting new highs? 4. The answer: the dog whale is pumping! The project team suddenly announced good news, launching the Alpenglow testnet, which will greatly improve Sol's network speed, reducing transaction finality from about 12.8 seconds to about 150 milliseconds! 5. So this is a sudden positive development, but we actually reported on Sol's upgrade twice in videos back in August, which was one of the reasons we positioned in Sol.

The past two days have seen a drop, burying a large number of bulls again. In the past 24 hours, liquidations totaled 154 million, which doesn't sound like much. But long positions liquidated 96.37 million, while shorts only 57.98 million. BTC longs liquidated 30.45 million, shorts only 8.16 million. Do you see it clearly? These past two days, it’s not the shorts making money, but the bottom-fishers getting buried. BTC fell from 87,000 to 84,000, which doesn’t look like a big drop. But every time it dips a little, a group rushes in to bottom-fish, only to be pushed down again. It seems like every time it drops a bit, someone shouts “it’s the bottom,” but there’s still more below. This drop has killed bulls much worse than shorts. Because shorts entered at the high, bulls caught it halfway down. That’s the difference between bottom-fishers and trend followers. I haven’t moved these past two days. This kind of slow decline is the worst — it’s neither a crash to give you a quick hit nor a reversal to give hope, just a slow grind down. You guys, have you been bottom-fishing or staying out these past two days? Let’s talk in the comments. The above is compiled from on-chain data and does not constitute any trading advice. $BTC $ETH

The latest price of OKB is $119.64, with a cumulative increase of 57.44% over the past 90 days, overall in a mid-term uptrend. An interesting observation: it oscillated around $110 for quite a while; will it also oscillate for a long time when reaching $120? 😂 The 30-day moving average ($109.56) and 50-day moving average ($100.82) are both trending upwards, and the current price is above all moving averages, confirming a clear mid-term uptrend. The MACD indicator currently shows a negative histogram, with a value around -0.76, indicating that after the recent rise, bullish momentum has slowed down, suggesting a short-term consolidation is needed. The current support level is at $108.09 (90-day Fibonacci 23.6% retracement), with the upper target resistance zone between $115-$118, which has recently been approached and broken through. During the recent rise, daily trading volume has decreased by 19.53% compared to the 30-day average volume, indicating insufficient volume-price coordination and showing that this rally lacks simultaneous confirmation from large institutional funds. $OKB

$ZEC shorting soon! Look at this twisted bullish trap data. Although the bulls still hold an astonishing unrealized profit of 119 million U, the profit rate has already collapsed to 46.61%. This is the most typical "paper wealth" trap. Huge profits are all concentrated in a few big players' low-position chips, masking the fact that more than half of the bulls are getting hit. The manipulative whales deliberately make the total ledger look extremely impressive just to deceive retail investors who don't understand the data into buying at high prices, covering for the big players to unload. You really think the bulls are all profiting? They're all just bag holders waiting to be buried alive. I've already gone short, directly waiting for this bubble of over 100 million to completely burst!