老许bit

$ETH Before the US stock market even opened, the aunt/secondary trend of decline had already started to cascade downward

Brothers, did you all follow this short position with at least 100 points of potential?

The main overall trend still remains bearish—keeping to the idea of shorting on rebounds and staying up in the high zone is right. If you still don’t know how to find entry points, you can take more looks at @老许bit 老许公开策略交流群

Keep watching: $SYN $SLX

#苹果股价跌6.1% #美光营收激增346%至415亿美元 #美股出现3月来首次资金流出 #以太坊跌5.6%至1555美元

$ETH A new round of downward trend is coming as well. Just wait for the US stock market to open. BlackRock is selling off

Todays intraday high was 1585, and we entered a short position directly at 1585.

Brothers, where did you enter your short position this time?

Keep watching: $SLX $SYN

#美光营收激增346%至415亿美元 #美股基金净流出85亿美元 #美股出现3月来首次资金流出 #以太坊跌5.6%至1555美元

$ETH everyone who followed has already doubled.

The top point brought you into this short-selling move—you guys already got in and profited from it, didn’t you?

Following the trend is always the simplest way to operate. One more thing to add:

Auntie’s biggest great whale, brother Maji, has already opened multiple long positions; the liquidation price is around 1510.

Don’t hesitate—take action. Follow the rhythm of @老许bit so we can earn enough usdt to spend a lifetime without running out, okay?!!!

Keep watching: $BEAT $SLX

#苹果全线产品涨价 #苹果股价跌6.1% #美光营收激增346%至415亿美元 #以太坊跌5.6%至1555美元

$ETH I saw it posted by my good brother, and the last sentence was just too much—I can’t take it. The E-guards really went into the water; it’s too damn brutal.

Is there any brother who wants to support?

The intraday ideal short position has already arrived, brothers. Current price: 1585—enter with the first lot.

Target: 1500-1470

Add to the position at 1610

Stop loss: 1650

Keep watching: $BAS $SLX

#投机者美元净多头近300亿美元 #USDT市值达1860亿美元超越以太坊 #苹果股价跌6.1% # Micron revenue surges 346% to $41.5 billion

$ETH Leisure time—grab a melon

Brothers!!! After you get wiped out in a margin squeeze, would you choose to jump into the sea?!

Keep watching: $BAS $BEAT

#韩国KOSPI200期货跌5%启动Sidecar #投机者美元净多头近300亿美元 #苹果股价跌6.1% #美光营收激增346%至415亿美元

Intra-day $ETH bounced from 1520 to 1555—essentially it’s still a typical weak “repair” rather than a reversal.

Many people, seeing a bounce, mistakenly think it signals a bottoming out. But in reality, this kind of price action is the easiest to trick with the illusion of “just stopped falling.”

From the volume and energy (momentum), this rebound has already clearly weakened. Momentum has basically been exhausted, which indicates that the bulls do not have sustained follow-through.

Once volume momentum is depleted at this kind of level, the most common market move is— a second pullback.

So the key now isn’t how strong the bounce is, but whether it can still continue to “lure” prices higher.

Once the bounce ends, that’s the window for the bears to take over the rhythm again.

That’s also why I’m paying renewed attention to short opportunities at this point.

As for whether today is Black Friday, it doesn’t matter.

What matters is: the structure itself doesn’t support sustained upside.

For the more aggressive brothers: at the current price 1555, place your target to watch for a break of the 1500 level and then the 1470 breakdown.

For the more conservative brothers: you can come to 老许公开策略交流群 to get the entry levels!!!

Keep watching: $BEAT $BAS

#苹果股价跌6.1% #韩国KOSPI200期货跌5%启动Sidecar #苹果全线产品涨价

Last night, the broader market fell back again to around 58,000. The overall trend is basically the same as what I judged yesterday. The current market is still extremely weak— it couldn’t even regain and hold above 60,000 again. This shows that the rebound strength is clearly insufficient, and the bears are still in control.

From the current走势, the broader market is still in a downtrend channel, and there are no obvious bottoming signals yet. Therefore, today is likely still dominated by weak consolidation. Regarding contract positioning, personally I still lean toward shorting the rebound—wait until after the rebound to set up, rather than blindly chasing shorts at low levels.

As for when it will truly signal a bottom, I’ve mentioned before that I will first focus on the area around 55,000, to see whether an effective bottom can form there. If later it can stabilize with increased volume, then we can consider whether there is an opportunity for a rebound in the current phase. Otherwise, we still need to guard against further downside.

Let’s look at the current market data:

1. The panic sentiment index has already reached 12, which is in the extreme fear zone, indicating that market sentiment is still very poor. The liquidation map over the past 7 days also shows that the bears are clearly in the lead, and overall short sentiment remains relatively strong.

2. Regarding institutional fund flows, yesterday’s crypto ETF net outflows were about $450 million. This suggests institutions are continuing to de-risk and reduce exposure, and the outlook for the near term is not optimistic.

3. Options:
BTC’s biggest pain point is $71,000, with a notional amount of about $9.245 billion; ETH’s biggest pain point is $2,000, with a notional amount of about $1.584 billion.

4. For the funding rate: BTC’s 8-hour average funding rate across the whole network is +0.002%. Although it’s slightly bullish, it’s almost zero, which means there isn’t much bullish conviction. ETH’s network-wide average funding rate is -0.0033%. Most major exchanges are negative as well, indicating that bearish power is relatively stronger, and the market overall is more tilted toward shorting ETH.

Key support levels to watch today: BTC around 57,000, ETH around 1,470, and SOL around 62.5.

Overall, the market has not yet shown a clear bottoming signal. Institutional funds continue to flow out, and sentiment is in extreme fear. For short-term operations, it’s still recommended to stay cautious. Until the trend has truly reversed, try to trade with the trend—don’t rush into bottom-picking longs just because prices have fallen a lot.

Keep monitoring: $BEAT $O $LAB

#HYPE较历史高点跌17% #道指逼近历史新高 #美国净资本流入创纪录8840亿美元 #SOL一个月下跌20%

Last night, $ETH took a plunge that smashed through market sentiment. A lot of folks panicked and started cutting losses as the price dropped, and some even went short at the lows. 老许公开策略交流群

But my morning take was crystal clear: after a series of heavy drops, the shorts were already raking in serious profits. At this point, the real threat isn’t further declines, but rather the rapid bounce from shorts taking profits.

So while the market was still soaked in bearish sentiment, I had already guided my crew to stealthily enter long positions.

The logic is straightforward: a genuinely weak market won’t plummet rapidly, and a strong short won’t mindlessly crash when everyone is bearish.

Then ETH started its corrective rally as expected, and we cashed in on the entire rebound, netting a sweet $3000 profit.

The most interesting part of the market is that when most people think it can only go down, that’s often when the bounce begins.

Opportunities always come from anticipation, not chasing highs and cutting losses.

Get the rhythm right, and profits will naturally follow.

Stay tuned: $SLX $SYN

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Morning!!! Bros. Last night, $BTC saw another quick drop, plunging below a key support zone at one point, further squeezing the longs. Old Xu also took his followers along for a couple of short positions!!! For those who are not up to speed on the current market 👉 老许公开策略交流群

From what we see now, the core reason for this drop isn't internal to the market, but rather a continuous decline in global risk appetite.

Lately, whether it's stocks, commodities, or crypto, you can definitely feel that funds are gravitating towards defensive plays.

What the market fears most is not bad news, but uncertainty. When funds start to pull back their risk exposure, high-volatility assets are usually the first to take a hit.

Looking at the charts, BTC has tried to bounce back multiple times, but each rebound lacks sustainability, indicating that outside funds are still in a wait-and-see mood, and short-term buying pressure isn't strong.

The market has entered a phase of emotional release, with panic selling ongoing, but often it's during these times that we get closer to a possible bottoming opportunity.

For spot trading, my view remains unchanged: don't think you can catch the bottom in one shot, and definitely don't go heavy betting on a reversal.

The truly sound strategy is still to scale in gradually, keeping your position size and cost within an acceptable range.

Key levels to watch:
BTC: support around 58000

ETH: support around 1500

SOL: support around 63

Trading isn't about guessing the bottom, but waiting for the market to show it.

If you don't understand, don't make rash moves. Understand it before you act.

Keep an eye on: $SLX $DODO

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Is this tightening the traditional routes for going global?

But looking at it from another angle, it might not be all bad.

When some funds and traffic exits are restricted, the market will naturally seek new channels, and the crypto industry itself is one of the highest efficiency tracks for global circulation.

For major trading platforms, this could actually be a window of opportunity to compete for users and funds.

At this point in time, I estimate that many platforms are already researching countermeasures. After all, whoever can launch more attractive promotions, more complete products, and more efficient funding solutions first will have a chance to capture this influx of new traffic.

The market never stops flowing just because one channel is closed; it only seeks new exits.

What’s worth watching next is not the restrictions themselves, but which platform can seize this opportunity the fastest.

A new round of competition for users, funds, and market share may have already begun.

Stay tuned: $BEAT $SLX $UB

#SPCX盘前交易跌17.44%至$148.34 #以太坊基金会将削减40%预算 #DeXe24小时涨70% #美国国会通过法案禁止美联储发行CBDC

The biggest feature of the recent market isn't the downturn, but rather the increasing caution among funds.

From the charts, whether it's the US stock market or the crypto space, funds are gradually pulling back from high-risk assets.

Many attribute this to short-term news, but the real core affecting the market is the changing expectations about future liquidity.

When the market lacks direction, the first thing funds do is not to go on the offensive, but to play defense.

That's why the sustainability of recent rebounds has been dwindling, with every rise accompanied by selling pressure.

It's not that the bears are particularly strong, but rather there's insufficient incremental buying, leading to a lack of upward momentum.

For the crypto market, the biggest pressure currently isn't from within the industry, but from a decline in external risk appetite.

Institutional funds are still flowing in, but the overall scale is limited, indicating that most funds are still in observation mode.

Everyone is waiting for new catalysts to emerge; until then, the market is likely to maintain a range-bound consolidation.

From a structural perspective, BTC and ETH are still operating near key support zones.

If they can continue to attract buying support here, there may still be opportunities for a recovery trend;

but if support is weak, the market may further seek a new balance range.

At this stage, the most important thing isn't to guess the bottom, but to confirm it.

Opportunities are always present, but truly worthwhile ones are scarce.

Trading isn't about the number of trades, but the win rate.

If you don't understand, don't make moves; understand first before acting. What do you think the market is lacking next?

Stay tuned: $BEAT $UB $SPCX

#SpaceX将纳入彭博全球大盘指数 #Visa稳定币结算年化达70亿美元 #以太坊基金会将削减40%预算 #DeXe24小时涨70%