Main focus $BTC | Strategy is long, how to play today, in one sentence
First, a step down for the brothers who shorted at 85,200-85,633 according to the plan yesterday: current price around 84,800, floating profit about 500 points, target not reached and stop loss not hit, the position is still open—today you can take profits because the direction is about to change.
Go long. Enter on pullback at 84,300-84,600, stop loss at 82,950, target first at T1 86,000, then T2 86,400; if it holds above the previous high of 87,249, breaking through is just a matter of time. Leverage capped at 3-5x.
Why flip to long? The fee rate on 10/01 was still +0.0065%, today it directly dropped to -0.0013%—the shorts have started paying rent to the longs; looking at the positions, net inflow of $560 million over four days, but the price didn’t fall and instead stabilized, this is not distribution but accumulation. Flipping to long is not a contradiction, it’s a change of fuel.
Overseas market five-minute version
US stocks are booming: on Friday, the three major indices all closed higher, Nasdaq +1.19% hitting a new intraday high and a third consecutive weekly gain, Nvidia also hit a new high, Tesla’s Q3 deliveries exceeded 480,000 vehicles with a direct +4.65%, the tech stock party is still on.
The capital flow is the main course: in September, the US spot $BTC ETF had a net inflow of $2.65 billion, the second largest single month since last October—seeing this number, the old retail traders’ DNA definitely stirred.
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