$BTC This is the crypto world! The FOMO sentiment is just so strong. In two days, the fear & greed index has skyrocketed from fear to greed. Everyone has already forgotten Bitcoin's performance in the past few quarters. Has the bull market really started? I hope so. But, ideals are realistic; even if it has, it wouldn't start in this way. This kind of rally without any pullback, even if it's a bull market, it won't grow big.

$BTC Although Bitcoin's price is skyrocketing, the risk behind this indicator is significant! Bitcoin has risen more than 6% for two consecutive days. For me, who started gradually building a position at 63000, this is great news. However, during these two days of Bitcoin's big surge, the open interest (OI) has been declining since the market started. In other words, the number of open positions has been decreasing. This indicates that contract funds are flowing out. But the price keeps rising. This situation usually indicates a liquidation-driven market. The main reason is that during the sideways market in the past two weeks, a large number of positions with similar cost bases accumulated within a very narrow fluctuation range, meaning the liquidation prices are also very close. Once liquidation occurs, it easily triggers a stampede-like market. This round of market funds is weak and there is no positive catalyst, so it can be judged that it is most likely driven by liquidation deleveraging. Such markets are often unstable, so rationally, it is advisable to reduce some positions appropriately. Support levels below. First support: 71000. Second support: 68000. Third support: 64000.

$BTC JPMorgan Chase Q2 earnings report revealed, should we follow the move? According to related public data, JPMorgan Chase significantly increased its positions in Ethereum and Bitcoin in Q2. At first glance, traditional financial giants are all increasing their holdings, so the future of Bitcoin looks very promising! Currently, the coin price is still a bit lower than last quarter! Should we rush in? In fact. I have to tell everyone, JPMorgan Chase's Q2 earnings report only broadly disclosed the total amount of increased holdings, but did not reveal the specific details of the positions. They can meet the position needs of specific clients, so it is neither excluded nor clear how much of the increased amount is actually short positions. So don’t just think that because the financial whales increased holdings, you should follow and go long. In reality, it’s easy to be misled by these surface-level data. Institutional position adjustments are reasonably made based on client demand and do not directly reflect their views on the future market. #消费动能转弱，9月政策仍受通胀制约 #OpenAI与Anthropic估值竞赛升温 #海力士扩产提速，资本开支能否兑现回报

$APR Brothers holding long positions! I bet your arms are sore from all the pumping. Yesterday I saw some showing off their profits, still holding with more than tenfold gains. Just holding is one thing, but being short is inherently painful. Yet those people keep mocking and ridiculing the short sellers. Well, this time, this big drop has given me a comfortable fall. All I can say is: what goes around comes around. You all know shorts lose money so longs can make money, but how come you don’t realize that if the main players don’t make money, then others won’t either? Yesterday I posted several times expressing that the spot trading volume of this coin is artificially inflated. Because on-chain there are always a few addresses trading back and forth with tens of dollars, the highest volume activity is very obvious. In reality, no real capital has entered the market. In the futures market, high leverage funds have pumped it up. And a leverage-driven rally is inherently unstable. So this big drop is quite justified. Since the drop turned out like this, it’s probably impossible to recover. The reason is, a couple of days ago at this level it rose above 0.5, with futures trading volume close to 800 million, Now if it tries to go back up, I doubt any major player is willing to act as the "liberation army" for the longs. 0.6 is probably impossible now, but 0.06 is just a matter of time.

When $APR dropped this morning, I regretted not shorting it! But seeing the current situation, I'm glad I didn't get in. The way the main force manipulates the market causes swings of 20% up or down at a moment's notice. It doesn't seem like they're aiming for mutual growth and win-win outcomes with everyone. It feels more like they're treating everyone like monkeys to play with. In the past two days, whether long or short, many brothers have been liquidated. The liquidation volumes for longs and shorts are very close. This kind of double liquidation on both sides essentially means they don't consider either side as an ally. On the contrary, they see both longs and shorts as their prey. So, knowing they want to prey on everyone, why should I enter and become their target? After observing for a few days, I was hoping for a big move, but I think I won't trade this coin anymore. This will be my last commentary on it. Final analysis: The main force has tight control over the market; the direction of longs or shorts could be right or wrong—it's purely a guess. Therefore, not touching it is the best choice. There are plenty of coins; no need to stay here all the time. I'm off to look for other coins to play with. #CPI与PPI同步降温，加息分歧扩大 #标普收盘再创新高，8000点预期升温 #闪迪投资者日后，长期目标成焦点

$APR Damn! It dropped so much, why didn't anyone tell me earlier? I've been watching APR for two days, constantly thinking about shorting it, but I held back. Just today at lunch with friends, I didn't check it for a whole noon, and it dropped so much. Now I'm too scared to get in! FOMO is building up. Although I didn't get in, after analyzing multiple indicators together, this coin is ready to be shorted. The first step is breaking 0.4, then breaking 0.37 is the key level, and if it breaks 0.37, there's no bottom in sight. Combined with the latest news, MSCI is discussing proposing a global trading index for strategy. The last time this was discussed was on October 10, 2025, which caused Bitcoin to plunge, with a single-day drop of up to 17%, and altcoins generally dropping over 60% in a day. So, this potentially explosive negative news must be guarded against. Even if $APR might become a speculative coin, in front of Brother Li Lin, everything is just a cloud, and until the outcome is certain, it's still not recommended to chase high with large positions. #CPI与PPI同步降温，加息分歧扩大 #标普收盘再创新高，8000点预期升温 #闪迪投资者日后，长期目标成焦点 $

$BTC Oh my god! MSCI plans to remove the three major Bitcoin treasury companies Strategy, Metaplant, and Yellow Cake from the index. Last time, on October 10th last year, just discussing Bitcoin caused it to drop by more than ten points. From around 120,000, it fell below 100,000 in just one day. This time it is mentioned again, and I don't know what level of impact it will have on the crypto community. But so far, the news has been out for almost a day, and the crypto community is still relatively stable, not caught off guard by the news again. However, this is ultimately a decision that severely affects the stock prices of several companies. Therefore, it is impossible for Bitcoin to be unaffected at all. But I just hope the impact on the crypto community is as small as possible. After all, the crypto community has suffered too many blows from news over the past six months. Just when it is recovering, this happens again. It really makes people worried. #闪迪投资者日后，长期目标成焦点 #标普收盘再创新高，8000点预期升温 #CPI与PPI同步降温，加息分歧扩大

$APR While everyone was still hoping it was a speculative coin! The whales are almost done clearing out, earning 8%, which means a profit of over 1 million. You can imagine how much they bought. But now their positions are also running low. Whales quietly exit, while retail investors are left confused in the wind. Now it's not about whether it can break a new high, but whether it can still recover? 😮‍💨 The capital has clearly shrunk. Trading volume has shrunk. Interest has shrunk. The best momentum of consecutive gains is gone. Additionally, whales have taken profits and exited. Sigh~ I won’t say more, I hold some long positions, I don’t want to be bearish either. Where’s the promised speculative coin? #CPI与PPI同步降温，加息分歧扩大 #财报观察员：AI基建财报接力登场 #马斯克称AI将占SpaceX价值99%