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Bitcoin's rapid decline has indeed significantly weakened market sentiment. After the previous sustained rise and prices approaching previous highs, the market had already accumulated high bullish expectations. When new uncertainties arise in the macro environment, funds begin to rapidly reduce risk exposure, BTC, ETH, and other highly volatile assets retreat simultaneously, and massive liquidations by leveraged funds further amplify the decline. But it must be clear: a sharp drop does not directly mean the end of a bull market. Whether the current market is undergoing a normal adjustment or a trend reversal depends not on a single large bearish candlestick, but on whether subsequent prices can hold the key structure and whether funds, trading volume, and market sentiment can recover. 1. The core driver of this decline remains a shift in macro expectations A key catalyst for this rapid market pullback was Federal Reserve Chair Walsh's hawkish remarks at the Jackson Hole Global Central Bank Annual Meeting. The market originally had some expectations for further monetary easing, but Wash reiterated that inflation remains sticky, with the 2% inflation target unchanged, indicating that the market's previously optimistic expectations for a policy shift need to be repriced. This change is especially sensitive to crypto assets. The reason is simple: rising interest rate expectations → U.S. Treasury yields climbing → US Treasury liquidity pressured → risk asset valuations being suppressed. Therefore, BTC's recent decline is not simply a technical correction but the result of changes in macro expectations combined with profit-taking at high levels. Especially after the previous rapid price increase, the market itself has accumulatedIf yesterday you were lucky on paper, today you have to face the liquidation line, then in this leverage game, the real test is never direction, but position rhythm. Have you ever wondered what someone is calculating when holding a $100 million position? My friend was showing off floating profits last night, and early this morning was already staring blankly at the liquidation price. He wasn't looking in the wrong direction, but losing to his leverage and refusing to admit mistake. Three orders look like a miniature casino cross-section, worth breaking down for a closer look. First, the main culprit: ETH. 25x leverage, 35,000 Ethereum, opening at 2467, now down to 2425. Floating loss plus funding costs, the book has already eaten up 1.79 million USD. What does the liquidation price at 2272 mean? If it drops another 6%, the order will be gone. Even more subtle, this position is in a relatively weak ETH range, indicating he was betting on catch-up gains, but the market tends to buy up first. Now let's look at BTC. 40x leverage, 98 Bitcoins, opening position 77,726, current price 77,408. The floating loss is only 310,000 USD, which is not a big pressure, but the 40x figure itself speaks volumes: once volatility exceeds 2.5%, it's a whole different story. Finally, HYPE. 10x leverage, 175,000 coins, open position 82.88, current price 80. An unrealized loss of 500,000 USD seems mild, but the liquidity trap of small coins often only shows up during a crash. The combined floating loss of the three orders is 2.6 million USD. The key isn't the numbers, but that yesterday he was celebrating profits, but today he chooses to hold on. He says he's resoluteEthereum ETFs attracted $1.42 billion in inflows in nine days. Blackstone absorbed every inflow, resulting in net inflows for nine consecutive days, nearly erasing the capital gap with Bitcoin ETFs. Many saw institutions making large entrances and were already anticipating a new round of gains. Interestingly, while ETF funds were hot, spot trading volume gave a different signal. What does this indicate? ETF paper inflows are impressive, but the market's actual cash supply is not as strong as the data suggests. Market divisions quickly became apparent. Lebit mining pool founder Jiang Zhuo'er has already taken action: Bitcoin ETFs have just ended a 9-day inflow streak and turned to net outflows, coupled with Wash's hawkish signals. Bitcoin faces its first major test since the rally. He has already sold 50% of his ETH spot position during this round of decline. On one side, Blackstone is heavily buying Ethereum ETFs; on the other, industry insiders are reducing ETH spot positions at high levels. Both bull and bear signals are on the surface. It's hard to directly judge this as the start of a new one-sided bull market. Grayscale's perspective offers a long-term perspective: US public debt has surpassed $40 trillion, with long-term real Treasury yields approaching 3%. Continued government borrowing weakens fiat credit. Institutions predict that in the context of a debt crisis, BTC and ETH will become alternative value storage targets for capital. But long-term logic does not guarantee immediate market performance. The current situation is not simply positive or negative. The massive inflows into ETFs are real, but the Fed's hawkish rate hike expectations and ETF funds are flowing in🚨 THE 30Y YIELD MAY BE $BTC & $ETH’S BIGGEST HEADWIND
Crypto isn’t trading in isolation. The U.S. 30-year Treasury yield is hovering near 5.18%, keeping financial conditions tight.
Higher yields can pull capital toward bonds and away from risk assets, putting pressure on $BTC — with $ETH potentially more exposed.
If yields finally roll over, crypto could get breathing room.
Temporary brake or deeper correction? 👀
#WalshInflationRisk #BTCGoldCorrelation $MRVL Data center revenue grew 46% year-on-year and guidance was raised, but profit-takers fleeing led to the fulfillment of good news and sell-offs. The core contradiction is that valuations have already overdrawn the short-term pace of computing chip volume expansion.
After Q2 revenue of $2.739 billion and the guidance for fiscal year 2027 of $12 billion were implemented, high long positions were concentrated and risk appetite tightened, increasing the scale of event-driven pullbacks.
In terms of driver rankings, the short-term performance of custom AI chips lagged behind, and the data center's 46% year-on-year growth only provides bottom support for underlying valuations.
If tech giants accelerate their computing power purchases, driving stable growth in data center quarterly revenue, the market will begin valuation recovery. The trigger condition depends on whether the $12 billion long-term guidance can be converted early into large orders for the quarter; if major manufacturers' custom chip ramp-up is delayed, the repair logic will fail.
If customer contract manufacturing and delivery cycles are extended, causing short-term gross margins to decline, selling pressure will spread to the medium- and short-term moving averages. The trigger is that macro risk appetite is suppressed by inflation expectations, so attention should be paid to support level turnover and institutional position exit speed. If quarterly revenue year-on-year growth falls below 30%, it would mean the bullish defense has failed.
The failure of the entire conditional simulation signals a rapid recovery in market risk appetite, with funds ignoring short-term delivery delays and re-marking premiums in the long-term AI computing power share.
In the next 7 days, focus on whether the stock price can stabilize in the previously high-volume areas and clear signals from the mass production schedules of customized chips by major players.
#Anthropic: New progress in IPOs, prospectus scheduled for release in #财政部拟用TGA回购September, fiscal pressure still to be resolved #伊朗开放临时航道, US refuses to resume old agreements#Stripe财团据报退出, PayPal plunged sharply before the session
The leader had something to say
The PayPal acquisition fell through, and the logic was broken down before. Today, let's look at it from another angle: after the 53 billion deal falls apart, what will the two companies do next?
Stripe's hand is Bridge's stablecoin issuance and settlement capabilities, and its developer ecosystem is its core asset. Without buying PayPal, it will most likely deepen its stablecoin payment infrastructure and bind developers more closely.
PayPal faces a tougher challenge. PYUSD's user base is still there, but its growth rate is slower than USDC and USDT. Without external resources coming in, it can only rely on its own to build its crypto payment business. With a market value of $52.7 billion, annual revenue growth is only about 6%. Traditional businesses are slowing down, and crypto businesses are not yet ready to support growth expectations.
The significance of the negotiations lies in one thing: the integration of traditional payment giants and crypto payment infrastructure is only a matter of time. Stripe buying Bridge is the first step; wanting to buy PayPal is the second, but the price has not been agreed upon. The integration logic is sound; financing costs and valuations are limiting factors.
For the crypto market, this means the integration of stablecoin payment infrastructure will be slower than expected, but the direction remains unchanged. There will be more similar attempts in the future, though they may be smaller in scale and at a slower pace.
On the market, Bitcoin is around 77,600, Ethereum around 2,428. ZEC short positions continue to hold, with a floating profit of over 90 points near 740. After Wash's speech, the direction is unclear, short-term bearish but not heavily positioned. SPCX bottom positions continue to show a pattern $BTC $ETH $SOL
All of the above analyses are time-sensitive. You must set stop-loss orders for your orders. Good luck to you.BITCOIN JUST GOT HIT HARD — AND THE MARKET WASN’T READY.
BTC briefly pushed toward $81K before suddenly plunging below $77K.
And no, it wasn’t caused by a hack or a massive whale sell-off.
The real catalyst? A hawkish Fed speech at Jackson Hole, which pushed September rate-hike expectations sharply higher — from around 35% to nearly 60%.
The reaction was immediate, with nearly $488M in crypto positions liquidated.#WalshInflationRisk #BTCGoldCorrelation #SchwabExpandsCrypto SOL just passed its first major battle in history, yet its price hasn't risen—that's what makes it worth pondering
The inflation proposal narrowly passed by a single vote, with the annualized deflation rate jumping from 15% to 30%. Major nodes like Kraken and Galaxy only switched their votes in favor at the last moment, making the whole process truly thrilling.
But the market simply didn't buy it; at $103, it dropped 2% in 24 hours. Did all the good news turn into negative news?
Actually, thinking carefully, this reaction is quite normal. Right now, BTC has just rebounded from 80,000, and all funds are focused on the macro spectrum. This issue inside Solana simply doesn't count. Moreover, a one-vote difference indicates huge community divisions. Will there be uncertainties in future implementation? Will nodes protest and exit? Uncertainty is obvious, so the market's choice to wait and see is understandable.
What truly deserves consideration is a deeper level: after inflation is halved, what will fill the validator revenue gap? The answer is the real on-chain fees. However, Solana's daily active users and trading volume have shrunk significantly compared to their peak. If on-chain demand does not double simultaneously, validator yields will inevitably decline, and the risk of node loss is real.
So this is not a simple formula of "deflation = rise," but a bold gamble forcing ecosystem maturity. If the gamble wins, SOL evolves from inflation-feeding to self-sustaining, completely restructuring valuation logic; If it loses, nodes exit, network security is discounted, and prices have to test bottoms again.
At $103, there is strong support below 90, and resistance above 120. In the short term, we need to keep grinding, no rush, let the bullet fly for a while.#嘉信理财拟新增SOL. AVAX and LINK
US asset management giant Charles Schwab Wealth Management officially announced that its platform will soon launch spot trading for SOL, AVAX, and LINK. Following BTC and ETH, it is the first time leading public chains and infrastructure coins are being included in the retail trading pool. Traditional brokerages holding 13 trillion in client assets are further embracing the knockoff track, which is a medium- to long-term positive signal for the industry.
Core analysis of the incident
Schwab only opened BTC and ETH trading in May this year, and after three months, expanded its tokens. This time it didn't choose small-cap air coins: SOL and AVAX belong to Layer 1 public chains, while LINK is the underlying infrastructure for oracles, all market-validated large-cap targets.
There are two types of market simulations
Scenario 1: Traditional retail funds are actually entering the market (somewhat optimistic)
After the news arrived, it brought substantial buying, boosting SOL, AVAX, and LINK and driving rotation across the altcoin sector. The premise is that BTC holds the 77,500-78,000 support level, market risk appetite is activated, and altcoins can see sustained market performance.
Scenario 2: Positive news fully realized, funds falling short of expectations (cautious)
The speculation ended, actual trading volume was flat, and coins surged but then retreated. Macro liquidity remains the biggest shackle. If Jackson Hole's speech is hawkish and US Treasury yields rise, even with Charles Schwab's positive news, altcoins will still follow the broader market pressure and pull back, often with corrections larger than BTC. The market has retreated back to defensive positions; as the dollar strengthens, risk assets collectively bow down. On days like this, don't ask for direction—first see who cracks under pressure.
Let's lay out the cards:
$BTC 77,683 -1.94% $ETH 2,436 -2.63%
$QQQ -0.65% $SPY -0.23% $IBIT -3.07%
$DXY +0.55% $GLD -3.24%
Crude oil and the Strait of Hormuz are still stirring inflation expectations, U.S. Treasuries and Fed outlook continue to suppress valuations. When $DXY rises, risk appetite assets like $QQQ and $BTC have to watch their step. The crypto space and ETFs are still vying for risk-on sentiment, but it's clearly losing steam.
$BTC is tougher than $ETH; $ETH hasn't kept up, so funds still prefer the stronger one. $QQQ isn't that strong either; don't expect it to lead the charge in a defensive market. $IBIT is weaker than $BTC; when ETFs soften, spot prices can't hold up much. When $DXY strengthens, it keeps risk assets under pressure—this grip hasn't loosened. $GLD is falling back; the risk-off funds are cooling down.
A fierce analysis, but the rise and fall still depend on Trump. Don't rush to catch a falling knife; wait for clearer signs of weakness.
#黄金ETF大额吸金，避险资金如何重配— Core: Has a bottom range already formed? How to determine the cycle position? This issue's focus is not on chasing rallies, but on re-judging: Is the area around $60,000 the bottom of this major cycle, and whether the August rebound is a "bear market rally" or the start of a new cycle? The following data are all re-quered based on the latest publicly available data for this week. ⸻ I. Core conclusions for this week ⭐⭐⭐⭐⭐ My judgment: The major BTC bottom is highly suspected to be forming in the $60,000~$65,000 range, but "full bottom confirmation" cannot be declared yet. BTC has rebounded to about $77,838 this week, still about 38% below the historical high of about $126,000 in 2025. In August, it surged rapidly from around $63,000, reaching a peak of $81,000. More importantly: * AHR999: about 0.51, having broken out of the previous bottom-fishing range; * BTC 200-week moving average: about $64,052; * BTC is clearly above the 200-week moving average; * US spot BTC ETFs have seen strong capital inflows again, with a recent weekly net inflow of about $1.92 billion; * Fear and Greed Index is currently around 57~58, returning to neutral territory; * LTH-SOPR is around 1.013, with long-term holders beginning to cash in profits again. Therefore, the biggest change this week is not "BTC has risen," but rather that evidence of bottom formation is clearly increasing. ⸻ 2. Current Cycle LevelBTC has dropped sharply these past two days. Just as people thought 80,000 had held steady, they turned around and pushed the long-selling crowds back to around 77K
A few days ago, the peak reached 81.3K, but it couldn't hold above 80,000. As soon as profit-taking appeared, the price quickly fell again. Even more coincidentally, after nine consecutive days of net inflows in spot ETFs, yesterday it suddenly turned into a net outflow of about $202 million, showing short-term capital clearly less active than in previous days.
Plus, Jackson Hole is hawkish, and the Fed is still very cautious about inflation, raising market expectations for a rate hike in September again. Risk assets like US stocks and BTC are under pressure, so I think this pullback isn't just about technical factors.
But I wouldn't just shout '80,000 is a fake breakout, bear market continues.'
Currently, my main focus is on 76.5K–77K. If this position can hold and it climbs back to 78.8K, I will continue to look at the second challenge between 80K–81.3K; If it effectively breaks below 76.5K within 4 hours, then next time I'll look at around 74K, then a bit weaker is the 72K area.
So my attitude now is very simple:
If 77K holds, it's a pullback; If 77K can't hold, then it's time to reassess whether this 80,000 rally is over.
#BTC高位多空拉锯, the gold linkage is strengthened Can you believe it???
WTI crude oil is the best-performing major asset in 2026, rising 45.6% and directly trailing the Nasdaq, gold, and even BTC 😂
Looking at other assets: Nasdaq +13.6%, S&P +12.4%, Gold +4.4%, while BTC actually fell 11%.
This comparison is quite interesting. This year, the market is clearly not just hyping on technology and crypto; energy has become the hidden big player.
Of course, the sharp rise in crude oil is not a blind positive sign. If oil prices keep rising, transportation, costs, and inflation will all rise, potentially squeezing the room for rate cuts.
So this year is a bit abstract: I used to think crude oil was a traditional asset, but this year it has become the most dazzling asset $CL
#伊朗开放临时航道, the US refuses to revert to old agreements, #沃什强调通胀风险 expectations for a rate hike in September are heating up After a sharp rally, Bitcoin and Ethereum are now quietly digesting their gains. BTC hovered around $79,000, while ETH was consolidating around $2,500. This trend is reminiscent of a tidal flat after the tide recedes—calm on the surface but hidden beneath the surface, a choice of direction is hidden. The market is not lacking in willingness to rise; rather, it is waiting for a sufficiently strong driver. Looking at the details of the capital flow, the support logic is actually not weak. In the past week, net inflows into Bitcoin spot ETFs were about $1.92 billion, while Ethereum spot ETFs recorded $697 million. Such volume indicates that institutional funds have not exited but are entering at a relatively stable pace. However, enthusiasm for existing stocks alone is clearly not enough; for the market to accelerate, clearer incremental signals are usually needed. The most noteworthy variable right now is the marginal changes in the macro environment. As US Treasury yields and the US dollar index weaken in tandem, the liquidity environment is quietly loosening. For risk assets, this often means valuation tolerance is increasing. This week's Jackson Hole global central bank annual meeting may become a turning point for policy signals. If Fed officials lean dovish, market expectations for the rate cut path will become clearer, and risk appetite is expected to further recover. Technically, BTC's $80,000 to $82,000 range and ETH's $2,500 to $2,600 range are currently the most critical windows to watch. The significance of a breakout is not just the level itself, butBTC near $77,578 is trading like a liquidity asset, not a clean inflation hedge. The 2.3% daily decline, alongside weakness in ETH and SOL, suggests broad risk reduction rather than a crypto-specific break.
The more useful signal now is whether BTC can decouple from the wider selloff as markets reassess inflation risk and gold flows. Until that happens, I would treat the BTC-gold correlation narrative cautiously and keep a defensive bias.
Not advice, just analysis.Cryptocurrency is once again throwing money on politics—can this high-stakes gamble win again?
Why do I say again? New friends can search for the 2024 election. The industry invested $170 million, so why is it a gamble? What did they win?
Of course it did, and successfully helped Congress pass the first federal stablecoin regulatory bill, the Genius Act.
With precedent, this time the slash was even heavier—this was in June, and it's estimated that nearly $300 million has been raised so far.
This transaction is also very clear: to ensure the implementation of the Digital Asset Market Clarity Act. Once passed, the legal status of the U.S. crypto industry will be fully defined, and crypto trading will shift from a gray area to a legally regulated industry.
If this bill passes, the regulatory framework will be clear, allowing institutional funds to enter on a large scale in compliance, which will be a long-term positive for $BTC and $ETH.
Of course, whether this deal goes through also carries risks. If it fails, the money will be wasted and will affect capital flows and market sentiment. If successful, it grants legal status; if it fails, it may fall into a short-term downturn
Personally, I think the chances of success this year are slim. The threshold is too high, and there's simply no time left. Moreover, this timing is not suitable—timing, location, and people are all in the balance. But if we move step by step in this direction, we may soon see a tug-of-war between bulls and bears at #BTC at high levels, with the gold linkage strengthening On the last day of ETF on Friday, BTC saw a net outflow of $202 million, ending a 9-day streak of inflows. Meanwhile, ETH remains strong, continuing to see an inflow of $102 million. I've been closely monitoring ETF flow recently, because after this big rally, there must be a large amount of bearish trapped positions, and bottom-fishing profit-taking that need to be sold. Whether the price can hold at a high level or drop sharply depends on whether there is enough buying support. ETFs are the beEveryone is watching crypto prices, but the bond market may be telling the real story. The U.S. 30-year Treasury yield remains near 5.18%, hovering around its highest level in nearly two decades. When yields rise, investors can earn higher returns from lower-risk assets, pulling liquidity away from risk markets. That creates a tougher environment for both $BTC and $ETH, with Ethereum typically feeling the pressure more intensely. As long as yields stay elevated, crypto faces a macro headwind. BuWhen Jane Street suddenly thickened Sandisk's holdings by 540% like a load-bearing steel beam, a muffled resonance echoed from the data center floor—was this a clash of opportunities, or a sign of structural chaos?
I am an architect who has drawn countless super high-rise structural plans. To me, that application document was not a stock listing at all, but a belated structural reinforcement plan. Sandisk is not a shiny HBM; it is a finely finished AI training tower; Sandisk's NAND and enterprise-grade flash memory are the prefabricated concrete and reinforcing mesh supporting every floor of the data center. Jane Street's position was raised directly from 1.17% to 5%, equivalent to pre-purchasing all the underground parking pile foundations for the entire smart industrial park. If this happened on a construction site, we would call it "sudden increase in foundation depth replacement." No one would move the foundation for a curtain wall; only when they anticipated the weight of the upper layer would they be so decisive.
Note a key detail: this stock became Jane Street's second largest single holding after SPY. SPY is the municipal pipeline network, Sandisk is the vertical load-bearing column—two different components are placed in the same load box, and the architect must repeatedly verify and adjust concrete grades. On July 30, the stock price rose due to long-term targets and large client orders, then fell back due to "AI storage valuation revaluation." The construction industry calls this "blueprint approved on the first try, but wind pressure re-checked after the typhoon passes." HBM is the scarce marble curved plate, while NAND is red brick and mortar: customers can chase marble regardless of cost, but red brick orders depend on the site's new construction area, construction volume, and procurement payment cycle. Once new capacity becomes tower cranes, bricks often fall below cost before luxury homes.
So where does XMSTR, the crypto construction site, stand? Its foundation is anchored to Bitcoin, but every price jump in Bitcoin requires massive servers, storage arrays, and cooling pipelines to build it. The market sees XMSTR as a "stock-like expression of crypto strategy," but I prefer to say it's a digital luxury tower built in the cloud—every ray of light reflected by the curtain wall comes from the read/write pulses of flash memory chips in the data center below. Jane Street's increase in Sandisk is not just a chip bullish outlook, but a bet on the global inference load, enterprise data growth, and storage procurement cycles continuing to expand over the next two years. Once this cycle enters completion settlement, the shadow of capacity expansion will gradually emerge like tiny cracks in the cast-in-place strip, and at that point, high-leverage "crypto skyscrapers" like XMSTR will be forced to re-observe settlement. So-called market sentiment, to architects, is nothing more than a pressure coefficient: when everyone is frantically raising roofs, the foundation settlement rate is often selectively ignored. The steel bars on Jane Street and retail investors' chasing of the price together form a kind of horizontal support, but this mutual support is no more stable than a suspended brick under real storm loads.
Real buildings never rely on the reflection of exterior glass, but rather on whether the pile foundation fifty meters underground is gripping the rock layer. The steel reinforcement on Jane Street has already been driven into the soil, but the concrete has not yet reached its curing age. At this moment, experienced workers on site are listening intently: is the sound of knocking on the side wall firm or hollow? #janestreetaddssandisk#嘉信理财拟新增SOL. AVAX and LINK
I'm Zhongxian Intelligence Bro. On August 27, Charles Schwab officially announced that in the coming months, 39 million accounts will open $SOL, AVAX, and LINK spot trading. It's not something you can buy today—don't mistake 'proposed additions' for 'already listed.'
I think this is the first step for traditional brokerages to expand their counterfeit shelves from the $BTC and $ETH duopoly outward, picking established infrastructure: SOL for consumer-grade applications and high throughput, AVAX tied to RWA and enterprise subnets, LINK blocking oracle + CCIP cross-chain openings—all mid-tier targets where institutions can tell their stories.
I agree with the medium-term logic: as the entry into compliant funds narrows, the liquidity gap between blue-chip infrastructure and knockoffs will only widen.
Don't chase the announcement day's peak rhythm; wait for the actual launch to buy in batches before the actual launch. SOL has the greatest elasticity, LINK is the most stable, and AVAX's oversold catch-up logic is the wildest. Choose one of the three according to your own wind—don't rush in.
#交易之声: Your experience deserves to be heard $CORE Foreign bloggers collectively return to CORE, next to 10U or 0.01U
A very obvious recent change has occurred: many foreign bloggers who had previously faded have gradually returned to talk about CORE, and the community's popularity has rapidly rebounded. As a result, the community split into two extreme voices: some people loudly call for 10U, while others pessimistically predict it will drop to 0.01U.
But markets rarely go to either extreme.
Let's first talk about the logic behind seeing 10U as long as possible.
Supporting this optimism is the long-term BTC-Fi track. lstBTC staking has been continuously generating protocol revenue, SatPay is gradually advancing QPEXA compliance integration, native BTC-collateralized stablecoins are still under development and planning, and the project has proposed ecosystem yield buyback routes. If SatPay is officially commercialized, stablecoins are launched, institutional funds enter the market, and the narrative is fully realized, there is indeed significant potential for upward potential. But 10U is an extremely high target price; it requires all core products to be launched on time, industry trends to resonate, and a bull market to all simultaneously meet multiple conditions, which is not a highly likely event.
Event.
Let's look at the logic behind shorting 0.01U.
Pessimists worry about continuous product delays, unbreakable compliance hurdles, and intensified competition in the sector. Ultimately, the narrative is proven false, and the coin price continues to decline. Objectively speaking, risks do exist. Every SatPay and stablecoin project must face strict compliance scrutiny, and the implementation cycle is uncertain. But currently, lstBTC staking business is operating stably and continues to generate ecosystem revenue, meaning the project has basic self-sustaining capability. Directly dropping to 0.01U is another extreme scenario with low probability.
The collective return of foreign bloggers deserves a more rational view.
Bloggers' returns bring hype, but only short-term sentiment. Popularity alone cannot determine the final price; it is just a magnifying glass. When positive news materializes, the hype will amplify and rise; When the positive news falls short of expectations, the heat will fade and the pullback will accelerate. Bloggers can share their views, but no one can accurately predict whether the future will be 10U or 0.01U.
What truly determines CORE's direction are the following verifiable facts:
Whether lstBTC staking volume is steadily increasing, whether protocol revenue continues to grow, whether SatPay has a clear commercial node, and whether there is any substantial progress in stablecoin development.
Rather than betting on the extreme outcome of black or white, it's better to let go of the binary mindset of "either 10U or 0.01U."
The market is built step by step; we just need to track every milestone, adjust our judgment based on real progress, rather than immediately fixating on a distant extreme price level.
#沃什强调通胀风险, expectations for a rate hike in September are heating up
#BTC高位多空拉锯, the gold linkage is strengthened
#嘉信理财拟新增SOL. AVAX and LINK 🚨 Bitcoin’s 9-Day ETF Streak Just Ended. But The Money Didn’t Leave Crypto.
Something important changed in the market.
After nine consecutive sessions of Bitcoin ETF inflows, the streak finally broke.
On August 28, U.S. spot Bitcoin ETFs recorded around $201.8M in net outflows as $BTC slipped below $78K.
At first glance, that looks bearish.
But the bigger story is what happened underneath.
Capital did not simply disappear from crypto.
It started showing up elsewhere.
🟠 BITCOIN
$BTC had attracted more than $3B through the previous nine trading sessions.
That was one of the strongest institutional buying streaks of the recent recovery.
Now the flow has turned negative for a day.
The important question is whether this is:
Profit-taking after a strong rally,
or the beginning of a broader institutional slowdown.
Bitcoin also dropped back below the $78K area after previously reaching above $81K.
That makes the next few sessions important.
If buyers reclaim the lost levels while ETF demand returns, the recent outflow could simply be a temporary pause.
But if ETF outflows continue while price remains weak, the market could start treating the move differently.
🔵 ETHEREUM
This is where the story becomes more interesting.
While Bitcoin's ETF streak ended, Ethereum products continued to attract institutional attention.
$ETH ETFs had already recorded nine consecutive inflow sessions through August 27, adding roughly $235M that day.
That means institutional demand is not necessarily leaving crypto.
It may be becoming more selective.
And that creates an important question:
Is capital beginning to rotate from Bitcoin into other major crypto assets?
⚡ SOLANA IS GETTING ATTENTION
$SOL is one of the clearest examples.
Solana ETFs recorded around $60.9M in net inflows on August 27, their strongest daily inflow of 2026.
Total assets across U.S. spot Solana ETFs climbed to roughly $1.49B.
Trading volume also reached a record daily level of about $196.8M.
That is not just a price narrative.
#WalshInflationRisk #BTCGoldCorrelation #SchwabExpandsCrypto Writing's 🔹 nominal long-short ratio is close to 170%, 🔹 with long-position floating profit close to $1.5 million 🔹. About 85% of long positions are in profit. When the market is highly crowded with bulls and the vast majority of positions are profitable, one should be wary of major players taking profits and rapid shakeouts. Therefore, now is not the time to blindly chase long positions; in the short term, attention should be paid to the risk of pullbacks after crowding the bulls. However, position data only reveals market structure and does not guarantee whales will dump. Before shorting, one still needs to wait for price confirmation #WalshInflationRisk #BTCGoldCorrelation #SchwabExpandsCryptoDOGE's bullish trend is not bad, but the Fed's recent rhetoric is its biggest variable.
The Fed is generally hawkish. Since new Chairman Walsh took office, he has remained steady, with rates stuck at 3.5%-3.75%, and some internally discussing rate hikes. However, the minutes from the August meeting left some room for improvement—officials predicted inflation would ease in the second half of the year, gasoline prices would fall, and core inflation would slow. This means rate cuts are not impossible, but have been postponed. Citi has already moved its first rate cut expectation to October. For the market, this is the scenario of "all negative news is good news": hawkish expectations are fully loaded, and as long as inflation data gives some face, rate cut deals could reignite at any time.
Back to $DOGE itself: it dropped more than 7 points over 7 days, but over 30 days, it's still up 20%, indicating this pullback is more like a normal take-off after a rally, not a trend reversal. The pull from 0.07 to 0.10 was a real volume upward attack, and now it has pulled back to around 0.085, narrowing volume and consolidation—a classic 'rest period' structure. Bulls should focus on the previous low support at 0.082. If it holds, wait for the Fed to change its tone and liquidity expectations will rebound, and these highly elastic stocks are often the vanguard of a rebound. Conversely, if September data is unexpectedly upset and interest rate hikes resurface, then you have to withdraw first and not go against the central bank. Bulls' approach remains unchanged: buy on pullbacks, don't chase highs, and leave room for positions.Choosing the right bull stock: Only by choosing the right cow can you make money
Both bull markets—BTC bull market and DOGE bull market—are two completely different animals.
The market calls the 2024-2025 market the "institutional bull." After spot ETFs launched, the main players entering the market became asset management companies, pension funds, and listed company treasuries. This money is huge but picky—only recognizing BTC, emphasizing compliance, liquidity, and certainty. As a result, BTC keeps hitting new highs, while sentiment- and traffic-driven stocks like DOGE have lagged behind, and the widespread rally that retail investors have been waiting for has never happened.
2021 was a different story. It was a classic "retail investor bull": liquidity flooded, home-based trading prevalent, social platforms crowding to buy orders, funds chasing elasticity and stories, going wherever the excitement was. $DOGE surged hundreds of times in a year, leaving $BTC far behind, becoming the brightest star of that rally.
Comparing the two bull markets, the pattern is clear: institutional money flows top-down, only to the hardest core assets in narrative; retail investors' money rises bottom-up, fueling a frenzy of marginal stocks.
Therefore, for investors, judging the nature of a bull market is more important than assessing the market itself. Institutions hold onto the mainstream in the bull market; don't expect small coins to catch up; Only among retail bulls can the chickens and dogs rise, but the tide recedes quickly. If you misidentify the bull type, you will still lose money in a bull market.#Moonwell遭价格操纵, mortgage risk exposure
MAMO, with a market cap of $6 million and daily trading volume of $1.18 million, leveraged Moonwell's $8.7 million loss. This isn't about hacking skills, but about major problems in DeFi collateral risk management.
Attackers inflate MAMO's price on the Base chain, depositing it into Moonwell as collateral to lend high-value assets including cbBTC and USDC. In the Aerodrome pool, MAMO's price jumped from 0.0101 to 0.4739 in a single day, a 47-fold fluctuation.
Before the attack, MAMO's market cap was about $6 million, with a daily trading volume of only $1.18 million. Moonwell set a lending limit of 3 million tokens, a supply cap of 20 million tokens, and a collateral coefficient of 50%. A token with such thin liquidity can leverage millions of dollars in real assets—the problem isn't with MAMO itself, but with Moonwell's risk parameter settings.
This isn't a smart contract code vulnerability; it's the pricing infrastructure being exploited. Oracles rely on underlying market liquidity, while low-liquidity markets are naturally easy to manipulate. As long as the collateral is a low-liquidity token, this attack pattern can be repeatedly replicated. This time, the target is MAMO; next time, it could be any small coin with a daily trading volume of several million dollars. This isn't a technical issue, it's a governance issue—whoever approves putting such liquid tokens on the collateral list is held responsible.There’s a divergence happening that many may overlook. $BTC ETFs recorded -$201.9M in outflows after nine consecutive sessions of inflows. But the story doesn’t end there.$ETH ETFs attracted +$102.1M, marking their 10th consecutive inflow session.$SOL saw +$17.3M,$XRP +$18M,and $HYPE +$4.5M. More importantly,ETH ETFs attracted around $713M for the week, just $171M below $BTC. Maybe the market isn’t losing money it’s looking for a new destination. As $BTC weakens, a new narrative may be emerging.SanDisk SNDK: The strongest player during the storage price hike cycle?
Recently, the storage sector has seen a clear rise in popularity, with SanDisk's stock price performance being especially wild. After the rapid rise in stock prices, the market has shifted from "storage price hikes" to trading expectations of "profit growth in the coming years."
SanDisk's biggest advantage lies in the NAND flash memory field, and AI data centers are rapidly increasing demand for high-performance SSDs and enterprise-grade storage. The larger the AI model, the higher the data volume, and the higher the requirements for storage capacity and read/write performance.
But the problem is obvious: the faster the price rises, the greater the valuation and drawdown risk.
So now, when looking at SanDisk, I won't just look at price swings, but rather on NAND prices, enterprise SSD demand, and whether company profits can continue to be realized.
If storage prices continue to rise and AI infrastructure investment remains strong, SanDisk still has room to keep telling its story; But if the market starts trading early to restore supply, high-valuation stocks may also experience sharp corrections.
In short: Strong fundamentals don't mean you can blindly chase highs. The more the price surges, the more you need to control your position and risk. #BTC surged then pulled back, options expiry amplifies the key level battle
Last night was not just a simple correction; it was a combination of options expiry and Wash's speech hitting together.
$BTC first surged to around 81500 during the day, with Deribit about 81700 contracts, $6.4 billion nominal options settling at UTC 8:00, settlement price about 79682, the 80k call spread invalidated by 318 dollars. The heaviest positions were at 75000 and 80000. Once the options magnet withdrew, Wash turned hawkish in the evening: inflation hasn't improved substantially, and there's still work to do. The coin was slammed through above 80k in one go, bottoming near 76900, then narrowed around 77800 in the morning session.
Losing 80000 turned this line from resistance into pressure.
My view: don't treat this drop as a trend reversal, nor as if nothing happened. The first leg pulled up from 62000 capped at 81500. Options amplified the friction at the key level, the speech gave direction. Holding 76900, a rebound to 78500-80000 is short covering; breaking below looks at the old 75000 position. To regain strength, 80000 must be reclaimed and held.
First watch the 76900 line, don't catch a falling knife halfway up the mountain. Wall Street often says the market always climbs the stairs and takes the elevator down. This round of the market vividly illustrates this saying $BTC surged from over sixty thousand dollars all the way up to 81,330, $ETH jumped past 1,900 straight to 2,500, and $SOL also raced toward 110. But this was not a steady climb; it was a squeeze-driven rally propelled jointly by leverage and ETF funds, skipping many price levels that should have been repeatedly confirmed.
#WalshInflationRisk In the past half month, it rose 18,000 and only fell 4,000, no need to be pessimistic. There was resistance above anyway, so a pullback was expected. It's just that Wash's statement accelerated the decline. What was supposed to take several days to drop happened in one day. For a major correction, we still have to wait until after the midterm elections of the 'King of Understanding'. Right now, it's just a process of oscillating upward. Since it has been pulled up, would the main force let the price return to their cost zone? The crypto market is no longer the same as before; it’s not a market dominated by retail investors. The main players all want to bottom-fish, and the big holdings are held by the main force, so the bottom can't wash out chips. A sharp rally makes most people miss out. The above is just my personal bias; trading luck plays a big part. There's no need for too much analysis. I just bet that the 'King of Understanding' will please capital in the election and won't let the US stock market fall! My long position won't exit; stop loss is set at 69,000! With Mywell's strong financial report, why did its stock price fall instead?
After just reading Mywell's latest financial report, I feel the market isn't rejecting the earnings, but rather that expectations are simply too high.
Q2 revenue was $2.739 billion, up 37% year-on-year; The data center business was even stronger, growing 46% year-on-year, with AI demand remaining the core driver. The company also raised its revenue forecast for fiscal year 2027 from $11.5 billion to $12 billion.
But the problem is also obvious: the market originally expected more, especially for Google's custom AI chip collaboration, but the short-term contribution was not as fast as expected, so the stock price plunged after the earnings report.
I think this actually shows one thing: the AI logic isn't broken; what's bad is that short-term expectations are too optimistic.
If it were me, I wouldn't rush to buy the dip now; I'd first see if the stock price can hold steady. $MRVL #财报观察员: AI demand extends to storage and software $BTC I think this drop shouldn't be seen solely as a technical correction
Just checked the market, BTC is now around $77,000. Last night, Walsh's speech was clearly hawkish, and market expectations for a September rate hike suddenly surged, causing BTC to fall below $80,000. What's more troublesome is that on August 28, spot BTC ETFs saw a net outflow of about $202 million, interrupting nine consecutive days of inflows.
So this time, I won't rush to bottom-fish. I'll focus on whether I can hold around 75,000; If it climbs back to 80,000 and ETF funds come back again, then I'll consider adding more positions.
Right now, I'd rather wait for funds to respond, rather than guess the bottom. #沃什强调通胀风险, expectations for a rate hike in September are heating up $ETH Today it drops, so I'm actually less nervous
Just checked, ETH is around $2430, down about 3% in 24 hours. Looking at the price alone, it's indeed unattractive, but today's capital data is actually quite strong: the US spot ETH ETF saw a single-day net inflow of about $226 million, a nearly 10-month high, and has seen net inflows for nine consecutive trading days.
So I prefer to see this wave as profit-taking after a long rise, rather than a large-scale capital retreat.
I won't chase right now. If it can hold around 2350, I'll consider buying slowly; If ETF funds start turning negative, then I'll wait for now $BTC Tesla has fallen back to 350, with a PE of 322 times—how much longer can the robot story last? How conflicted is Tesla right now? Stock price is 348.75, down 30% from the 52-week high of 498.83; Down 21% in 3 months, down 13% in 6 months. But the price-to-earnings ratio is still 322. A stock that barely rose all year (+0.8%) is holding a 322x PE. What is the market pricing in? One word: robotics. 480,000 vehicles delivered in Q2, revenue $28.2 billion, profit $1.1 billion—not bad at being an automaker. But Wall Street no longer sees it that way. The valuation logic becomes: mass production of Optimus, FSD, Robotaxi — three stories forming one, Tesla is no longer the Tesla it is today; None of these happen—322x PE is a sword hanging over the ceiling. The supply chain is even more choke-pointed. At the end of July, Musk's net worth lost $130 billion in five trading days—key robot components lack Chinese suppliers. A "Made in America" leader relying on China's supply chain to back up its valuation story is ironic enough. Analysts have also torn it apart: the most optimistic is 600, the most pessimistic is 125, with a gap of nearly 5 times. Musk is busy with other things: he ranked fourth with a midterm election donation of 90.5 million, authorized the Super PAC to spend another 100 million; Starship succeeded Falcon 9, built a 100 billion launch site, and hyped up 3.5 trillion in revenue—the dream is getting further and further ahead. Is this valuation really for Tesla or for Musk? If robots miss their promises again, even 3.5 million is expensive; Optimus really succeeded, now it's floor price. Which side are you on? $TSLA BTC previously surged to $81,455, then quickly fell back to around $78,000. The hawkish shock triggered by Jackson Hole and Warsh's remarks has already entered market pricing. This means tonight's altcoin market can no longer be simply understood as "BTC oscillating at high levels, knockoffs waiting to catch up," but entering a real stress testing phase: after BTC's pullback, which coins have fallen less, which coins still have trading support, and which strong assets can hold their key cost zones. Meanwhile, institutional funds have not fully withdrawn. On August 27, BTC spot ETFs still recorded about $242M net inflows, and ETH ETFs maintained net inflows for nine consecutive trading days, but the latest round of macro risk releases has pushed BTC back to around $78,000. Therefore, the most important thing tonight is not to find "which coin rose the most," but to identify "who will still refuse to fall when BTC remains under pressure." #BTC高位多空拉锯, strengthening gold linkage ⚠️ Tonight requires special attention to macro risks. Jackson Hole's related speech has already materialized, and the market is reassessing the Fed's rate cut path, the dollar, and US Treasury yields. Liquidity was thin over the weekend, and if BTC again loses key support, volatility in high-beta counterfeit stocks usually amplifies significantly. Tonight's radar judgment should be stricter than in recent days. #沃什强调通胀风险, September rate hike expectations heat up 1. Strong confirmation of the radar: After BTC's pullback, who can still hold their own costs?$SNDK Breaking below the key support of the $1,614 50-day moving average, the current price of $1,485 has established a short-term downward channel. The core contradiction lies in the valuation mismatch between the profit-taking accumulated from a 28-fold increase over the past year and the long-term high gross margin vision for 2030.
Market facts show that after retracement from the $2,354 high, the price lost the $1,614 moving average, causing the upper holdings to concentrate in the $1,600-$2,300 range. In the driver rankings, the outflow effect caused by the technical moving average breakdown takes precedence over fundamental support from $8.965 billion quarterly revenue and 85% gross margin.
The closing price of $1,484.98 temporarily eased the downward momentum caused by a 7% weekly decline, but the 52-week low of $48.56 reflected a high level of profit-taking boost, making stop-loss exit pressure for buying at high levels significantly higher than for medium- to long-term holders.
The upward scenario requires bulls to complete full turnover at the $1485 support zone and regain the 50-day moving average at $1614 with increased volume. If the closing price confirms holding this level and the bearish structure fails, the price will reopen a rebound path toward the analysts' average target price of $2125; If the rebound fails to break above $1614, the rebound channel cannot be established.
The downside scenario is triggered by effectively breaking below the $1485 level, and the support below will directly test analysts' bearish bottom of $1000. The variable triggering this scenario lies in how well the market digests doubts from institutions like Morningstar and the $31 billion capital expenditure from Kioxia's collaboration pulls cash flow. When the price recovers to $1614, this downside scenario will fail.
Analyst price targets are highly diverse, ranging from bearish at $1,000 to bullish at $3,600, reflecting the strong support from eight firms locked in to 2030 contracts for 80% non-GAAP gross margin, with serious pricing disagreements on the trading table.
Over the next 7 days, focus on the defensive effectiveness of the $1485 level and the volume reaction of the price retesting the $1614 moving average.
#Stripe财团据报退出, PayPal plunged pre-market #财政部拟用TGA回购, fiscal pressure still needs to be resolved #Anthropic: New progress in IPOs, prospectus planned for release in September$BTC
Zooming out to the Weekly.
I’ve mapped out a possible bullish path for $BTC over the coming weeks.
The weekly EMA is holding for now, and if BTC continues to respect this structure, I’m expecting continuation towards new ATHs.
Looking for a retest of the weekly EMA to long it.
This is the bullish path I’m watching.BTC has entered its most challenging phase: it's not the end of the bull market, but the end of "blindly bullish" sentiment.
A few days ago, when BTC surged to $80,000, the market was almost unanimously bullish; after Walsh's speech, the logic quickly shifted.
He clearly emphasized that inflation remains too high, the economy remains resilient, and there is room for further rate hikes. The market immediately raised the probability of a September rate hike from about 35% to 60%, the 2-year US Treasury yield hit a one-month high, and the dollar strengthened simultaneously.
More importantly, after BTC spot ETFs had nine consecutive days of net inflows, they recently turned to about $202 million in net outflows, indicating that institutional buying at high levels is not unlimited.
So now, you can no longer trade with the logic of "institutional buying = only going up, no going down."
In the short term, BTC still looks to the 77,000–78,000 support range, with $80,000 becoming the new bull-bear dividing line. Holding this level means there is still room for recovery; losing it means guarding against a deeper round of deleveraging.
A truly mature bull market is never without pullbacks, but even under macro pressure, there is still capital willing to catch the fall. The direction may not change, but the rhythm has clearly shifted. $BTC #沃什强调通胀风险，9月加息预期升温 #财报观察员: AI demand extends to storage and software
The US tech earnings season shows significant divergence: Nvidia holds a slight rise after hours, while Marvell plunges over 9%
Behind the sharp market fluctuations lies Wall Street's focus on AI investment logic, officially expanding from "underlying hardware computing power" to "software-side commercialization and realization"
This narrative shift reveals three major industry signals:
Valuation divergence in hardware supply chains intensifies: Once the monopoly of general-purpose GPUs is established, the market's requirements for gross margins for custom ASICs and peripheral components become extremely stringent, and any slowdown in performance growth will face relentless valuation drops
The software layer is entering the ROI test: giants like Microsoft and Google are still seeing soaring capital expenditures, and capital is starting to question the true revenue conversion rates of large models in enterprise software, office automation, and cloud subscriptions
Capital allocation efficiency reconstruction: Only companies that can successfully run the positive cycle of "computing power investment—software monetization—free cash flow" can maintain high valuation premiums after the hardware arms race fades
Do you think the explosive period for AI software profitability has arrived, or is it still a long process of implementation validation?
$NVDA $MRVL Washington ultimately has to face the impossible trinity: a stable government bond market, a booming AI technology cycle, and a 2% inflation target. When these three are irreconcilable, the decision-makers' choice has long been predetermined—to preserve the US Treasury market and AI infrastructure at the cost of maintaining inflation at a high level for the long term. Faced with this impossible trinity, the new Treasury Secretary Janet Yellen's actions are exceptionally clear—everything is based on protecting the government bond market as the bottom line: the engine of "currency depreciation trades" has been reignited once again. 3. Asset Pricing Reshaping: Gold First, BTC Later In this wave of depreciation, commodities and digital assets have shown completely different transmission mechanisms. Gold: The ultimate hedge against fiat currency trust collapse Gold surged from $2,455 in August 2024 to $4,664 in August 2026 (a 90% increase), which is no longer a simple inflation trade but a global capital trust reconstruction after the deweaponization of the US dollar. The expansion of fiat currency supply has become the only political solution to exit the debt crisis. Bitcoin: From the "decoupling illusion" to "high beta liquidity" During the main gold rally from late 2025 to early 2026 (gold +39.6%, BTC -30.4%), Bitcoin's narrative as "digital gold" was severely damaged. However, a fundamental shift has recently occurred: after the Treasury increased buybacks in mid-August, Bitcoin surged 22.2% in a single week (while gold only rose 5.9% during the same period). The logic behind this isToday's market made one thing very clear: funds haven't left the crypto market, they've just swapped seats between BTC and $SOL.
BTC consolidated near $111,000 today, down about 1.4% intraday, with $110,000 becoming a fiercely contested threshold for bulls and bears. Since August, inflation data and policy uncertainty have caused it to pull back about 7%. Whether this line holds directly determines short-term direction.
SOL follows another scenario: rising nearly 40% over two weeks from $74 on the 17th to $110 on the 27th, then slightly pulled back to around $103 today, maintaining its strong momentum. The driving force is clear—the Solana spot ETF just recorded its largest single-day net inflow of the year on the 25th, with trading volume hitting a new high of $166 million, while the Bitcoin ETF saw a weekly net outflow of over $500 million during the same period.
On one hand, they are relying on upgrades and deflation proposals to create their own market rally; on the other, they can only watch macroeconomic sentiment, with the probability of a rate hike in September approaching 60%. However, BlackRock's latest statement shows that fiscal deficits are strengthening BTC's long-term hedging logic. In the short term, it looks like rotation; in the long term, scarcity—neither line is finished.Iran has declared "full control" of Hormuz, once again denying the narrative that the straits have reopened
Fact: The Iranian Revolutionary Guard Navy recently stated that Iran currently has "full control" over the Strait of Hormuz, and existing restrictions will remain in place until the U.S. ceases military operations against Iran and fulfills related commitments. This directly contradicts previous U.S. claims about reopening the strait.
Market First Reaction: The news came over the weekend, and major markets had not yet reopened, so there was currently no reliable cross-asset real-time price confirmation. On Friday, Brent remained below $90, indicating that the market had previously mainly traded in easing conditions.
Chain of influence:
Hormuz is restricted again
→ Crude oil supply risk increases
→ Inflation risk increases
→ U.S. Treasury yields may come under pressure again
→ US/BTC faces a more complex interest rate environment
→ Gold regains geopolitical safe-haven support
→ USD may also gain short-term safe-haven demand.一瞬间盘面砸出深跌，整个盘面被恐慌笼罩，很多人被短期走势裹挟，下意识选择顺势看空。交易最忌讳随波逐流，越是众人慌乱的时候，越要沉下心审视盘面的真实结构。
$SOXS 下探44.95，我没有急着下定论，把筹码峰、订单流、多周期K线放在一起交叉验证。该位置是前期震荡平台，多头承接盘开始显现，空方动能已经透支。
在确认支撑有效的前提下，我挂好多单，止损44.12作为底线，不重仓、不赌反转，只做胜率占优的波段机会。
行情稳步抬升至49.44，拿下199.77%的收益。市场波动永不停歇，真正能走远的人，懂得在噪音之中，坚持自己一套完整的交易框架。$BEAT #财报观察员：AI需求延伸至存储与软件 $OKB $CORE
In the past couple of days, the community has had two different voices: one is the multi-sided narrative, telling all kinds of narratives. Narrative narrative means telling a playful thing is called a narrative. During a bull market, token prices adjust to 5-10U, which is quite funny. Besides retail investors and those who were stuck at high prices, who else will come to buy the core and help early customers break even? Even if all ecosystems in 2028 come true, a huge bull market with the most powerful ones won't exceed 0.1, because that's not the project team's style. They only care about making money, not about coin price! At any price level, they will make money! Because there is a group of "loyal guardians" who voluntarily take over without dumping coins to maintain stability 😀😀😀
Another group firmly believes Core will drop below 0.01 or be delisted before the bull market arrives! This perfectly matches the project team's style, because for years they've really been doing this and aiming for that goal. You can see the summary from three points!
First, the coin's price has fallen from its peak to its lowest point so far, nearly 500 times, and this has fallen so much under the control of various narratives and positive news, combined with various paid posters and hypepers. Besides coins with zero targets, what other coins have fallen in such a way? This shows the project team's unique approach to conduct and work
Second, the project team's vision is too big. Even if it hasn't been taken off the shelves or reset to zero, even if you're just an adult at 18, you won't get to see it in this lifetime. In 1981, why not say a century? In other words, they've drawn a vision that people can't reach, making you crave a dream 😂 in hope
Third, Core has so far been closely imitating BTC, with narratives circling around it. Unfortunately, Bitcoin now dominates the high, with a recent low above 58,000, and now it has broken through 81,000. Even if Bitcoin reaches the expected high of 150,000 in a bull market, it would only double. Core is now around 0.025, meaning there were no external factors. Before the bull market arrived, it was not delisted or reset to zero, and following Bitcoin's trend entirely would only double to 0.05, which is 200 times less than the 1U price everyone expected. So it's simply impossible unless the project team sells their own 1,000 BTC to pump the market. Besides, that's simply impossible, because it doesn't fit the project's working style!
In summary, even if all of Core's plans and narratives come true—BTCFI, Satpay, Power Grid—all applications will generate revenue, there won't be much rally—at most, they'll just spend a little money to catch up on the rally. At the same time, there's also the risk of being delisted and going to zero at any moment! Because with a market cap of over 20 million, they just run away without warning, and the project team is completely anonymous—even if they do, no one can find them. So my advice: don't put all your eggs in one basket, to avoid losing everything! Coins that are taken down and withdrawn happen all the time. Every delisting before being delisted is fine. Consensus-holders, paid trolls, and supporters are still promoting feudal morality right before delisting—it's a painful lesson!A monster stock that soared 28 times in one year—now it's no longer going to fall?
Let's look at a set of numbers: At the beginning of 2026, SanDisk's stock price will still be around $50. At the end of June, it surged to a historic high of $2,354—28 times the previous year. Now, it's $1,485.
In August, it rose 35% in one month, but in the past week, it has fallen 7%. Technically, it has rarely given a "sell" signal, with the 50-day moving average at 1614, and the current price has already fallen below it.
On the night Walsh went on a hawk move, all storage stocks were wiped out, but SanDisk surprisingly closed flat at 1484.98, not moving a cent. Is it resistance to decline? Or is it just unable to rise?
Looking at the fundamentals, it's indeed tough: latest quarterly revenue $8.965 billion, net profit $6.9 billion, gross margin 85%. Eight clients signed long-term contracts, locked in until 2030. Investor Hitachi sets a goal: double-digit revenue growth by 2030, 80% non-GAAP gross margin. Just announced it: Together with Kioxia, it will invest $31 billion in Japan, with plans to build by 2032.
But cold water came too: Morningstar directly issued a report saying "doubtful about long-term targets." Analysts' opinions were divided: the average target price was 2125, the highest was 3600, the lowest was only 1000. And don't forget, SanDisk's 52-week low was $48.56—meaning after a 28-fold increase in a year, even if it dropped 50%, it would still be a "ten-times stock."
SanDisk now finds itself in an awkward position: the story remains, but valuations have already overdrawn the coming years $SNDK Warsh's debut at Jackson Hole started with a statement that inflation is not over and there's still work to do. It's been 65 months without returning to 2. Whether to raise rates in September has become a question again.
NVDA's earnings passed, yesterday it rose +7, but today it pulled back to 224. The 236 level gap just can't be filled. I said earlier that only when it returns to 236 can we talk about a rate hike. Now it not only hasn't returned but is sliding down.
Passing the test doesn't mean it can hold steady. At this position, no rate hike at all. Watching the show is more comfortable than chasing highs.$TRUMP Now the biggest conflict has emerged
On one side:
Prices soared.
On one side:
A large supply release is expected in the future.
This is the biggest difference between TRUMP and BTC.
BTC supply growth is very limited.
In the future, a large number of TRUMP tokens will gradually enter the market.
Therefore:
The rise of TRUMP requires more and more new capital to support the new supply.
If funds continue to flow in:
The unlock may simply be negative news being digested by the market.
If funds stop flowing:
Unlocking it can become a heavy selling pressure $BTC $ETH If the joy of chasing the high lasts more than three hours, then the futures market wouldn't be a meat grinder. Just yesterday, someone shouted for freedom, but today the market pinned them down and taught them how to behave. Does it hurt? Yesterday, the whole internet was celebrating BTC hitting 81,400, with emotions burning like eggs; today, a single long upper shadow shattered the dream, bringing the price back to 77,408, down 4.2% in 24 hours. This isn't an ordinary pullback; it's a textbook-level two-way harvest—first blowing up the bears, then crushing the long chasers, capturing both ends, a technique so skilled it's heartbreaking. I stared at this candlestick for a long time. What really matters isn't how much has fallen, but what the market is trading. The essence of this round of decline is forced clearance after overheated leverage. The entire network cleared $635 million in 24 hours, with 94,000 people being swept out. This is no coincidence; it is an inevitable correction after imbalanced position structure. The recent rise was so smooth that it made people forget that the futures market never lets everyone make money at the same time. ETH was once again the familiar trailblazer, surging to 2528 and then plunging straight to 2425, down 4.1%. Bitcoin rises and it drinks soup; when the market falls, it is the first to get hit—a perfect risk amplifier. A friend of mine was posting screenshots of earnings yesterday, but today his account shrank so much he didn't dare open the software. This story repeats every day. SOL's roller coaster was the most exciting, with a daily fluctuation close to 8%, plunging from 110.6 to 103.2, a drop of 5.4%. This coin is suitable for those with big hearts, not for those wanting a peaceful night's sleep.$BEAT Bear brothers, be clear-headed. Institutional investors are always smarter than anyone else. The less convinced you are, the more fuel they are feeding. Opening a position is also a way to enter the market, so it's no surprise the price keeps piling up! Not just the big players—even those who are long don't need to spend much. Just occasionally push and boost your emotions, and keep raising your stop-loss or adding positions—that's enough