Orbit: Crypto Community Feed
Made 500,000 in one day, then lost it all back the same day, it's so thrilling to watch, I believe you can still get back up @烬白天才交易员
As soon as the CPI was released, $BTC gave the market another lesson: never rush to guess the direction!
Last night's volatility was really intense.
The US October CPI rose 0.4% month-over-month, higher than the market expectation of 0.3%; core CPI rose 0.3%, also above the expected 0.2%.
Once the data came out, the dollar and US Treasury yields rose, market expectations for a Fed rate hike in December intensified, and risk assets immediately came under pressure.
BTC couldn't hold up either, dropping to a low of 72688 on the 15-minute chart, then quickly pulling back to around 74823, and now hovering around 73535.
I took a look at the chart:
Bollinger middle band at 73616, upper band at 74014, lower band at 73219. The price just pulled up from the low and then returned below the middle band, indicating ongoing tug-of-war between bulls and bears.
Next, I’m focusing on three key levels:
72688: short-term low, must not be easily broken.
73616: middle band level, whether it can hold above is critical.
74000–74800: resistance zone that the rebound needs to face.
The biggest mistake at this time is to bottom-fish after a sharp drop or chase longs after a sharp rally.
I’d rather wait for confirmation from the chart than get chopped up in a data-driven market.
74,000-$74,500 is the first hurdle for the rebound
Category Key Level Meaning
First resistance of rebound (chip concentration area) $74,000 - $74,500 The highest point of the corrective rebound this morning (around $74,000), also the previously broken chip concentration zone, whose suppressive effect has been confirmed; if the rebound cannot break through here, it serves as a reference for a high short position
Trend recovery threshold $76,500 The concentrated area of the long-term moving average and upward trend support band; only by breaking through here again can a true technical recovery be confirmed
Stronger resistance $78,106 (20-day EMA) / $79,232 (50-day EMA) Both are far above the current price, marking that the mid-term bearish structure remains unbroken
Short-term pivot $73,188 (200-day SMA) The current price is fluctuating near this level, making it the most direct battlefield for short-term bulls and bears
Lifeline (core support) $72,040 - $72,000 61.8% Fibonacci retracement level. Analysts clearly point out that if this key support line of deep adjustment is lost, the sustainability of the existing uptrend will be questioned
Target after breakdown $70,000 Psychological integer level; if the $72,000 defense line is effectively broken, this level will be tested
Qualitative technical signals: The current trend is similar to the adjustment in March 2023, but the key difference is that back then the price found buying support near the long-term moving average and started a rebound, whereas the current price is running below that range. This means that for the historical rebound scenario to replay, the prerequisite is to "reclaim 75,000" first; otherwise, the risk of further weakening should be heeded. The 200-day EMA (around $76,469) has been broken, and the 200-day SMA is the last procedural defense line in the short term.
$BTC $ETH $ZEC #非农与CPI均超预期，美联储12月加息或提速
"Bitcoin's final bull trap, free fall beyond imagination!"
Although Bitcoin rebounded after a decline yesterday, the daily chart trend remains unchanged. First, looking at the CCI, it broke below the zero line and has not returned since; this should be seen as the start of a downtrend. Additionally, the daily MA120 continues to break down, making the daily bull-bear boundary very clear now.
According to Ichimoku equilibrium, we are waiting for a complete breakdown of the lagging span to achieve resonance.
It is clear that until the daily close surpasses 74,800, this marks the beginning of a downtrend. Abandon any illusions; now the only path to believe in is a crash!
Currently, Bitcoin has completed its final bull trap. As the market's long-short ratio keeps rising, the trend shift will happen in an instant. Therefore, remain cautious about going long and please refrain from pressing the buy button going forward.
In the short term, Bitcoin's resistance is at 742-744, corresponding to Ethereum at 2090-2100. Avoid all-in positions at these levels because the bull trap might continue to push liquidity higher before falling again. If the previous swing high is firmly held on the 15-minute chart, temporarily withdraw and reconsider short positions.
The bearish outlook on the weekly chart remains unchanged, but the best entry opportunity will be assessed later in the evening. For now, the analyst will take a break from updates, focusing on crypto today.
In summary, Bitcoin may enter a downtrend this week, with consecutive large bearish candles on the daily chart. Be cautious about going long and bottom-fishing. Do not guess any bottom positions yet; wait for the market to reveal itself and avoid placing any left-side long orders!
Influential Creator
Another night of shrinking volume and a slow decline. $BTC slipped back to just above 73,000, $ETH dropped below 2070, $SOL fell to 83, all hovering near their 24-hour lows, but look at the trading volume—it's almost dry, volume ratio close to zero.
Many are hoping for a panic spike to the downside so they can bottom-fish, but I don't buy that. The real torment is never a waterfall drop; it's this kind of low-volume, no-surrender, no-short-squeeze slow decline: without short covering fuel, there's no decent rebound, and chips can only be handed down bit by bit.
My position is right here, very simple, empty and unmoved. I've already set my direction; in this kind of market, you only need to do one thing: hold on. It's the same with poker—the big win doesn't come from being the most accurate, but from holding steady the longest.
How to get out of a losing position? Buy more at the highs, short at the lows, how to perfectly get out of the losing position?
-59.59%
Snapshot at Nov 11, 2026, 14:50
$ZEC directly smashed through the 1000 mark, plunging 11% in 24 hours
Brothers in the group said to wait for 850, saying the bears have held on for two months, Thursday's volatility was big, big money entering the market will still push it down, won't bottom fish until below 70,000
I can only say, the first half of this script is really damn accurate
Look at this candlestick, dropping from 1388 straight down to 950, the guillotine gives no rebound at all
The moving averages are all damn bearish, the 850 mentioned by group friends is really not a joke
On-chain is even bloodier
A certain whale dumped $31.78 million in 4 days, averaging 1271 to bottom fish 25,000 ZEC, now floating a loss of 3.26 million
The contracts side is even worse, 18,900 long positions opened at 1378, all stopped out below 1200, losing 2.58 million in one go
The harshest is the big player Big Z, who publicly liquidated on October 31, protesting the direction of the allocation committee, even insiders are not playing anymore
NU7 upgrade benefits landed, spot market cashing out and smashing the market, longs exploded by nearly 90%
But group friends say wait for $BTC to 70,000 to bottom fish, I advise you to stay calm.
BTC ETF had a net outflow of 1.28 billion last week, a 533% increase week-on-week, institutions have long been running.
70,000 is indeed a psychological barrier, but technically, the buying strength at that level is extremely weak.
If it really reaches 70,000, would you dare to catch it?
Retail investors are always waiting for a perfect entry point, big players are always exploiting your waiting.
The bears have indeed suffered these two months, but the outcome of the bulls catching the falling knife, the whale's 5.84 million loss has already made it very clear.
Check my pinned post!
Made a net profit of 940,000 USD in one year
Top ace of the short sellers
The grandmaster of the short gate is amazing
Only shorts low-leverage altcoins
Can such success be replicated?
#非农与CPI均超预期，美联储12月加息或提速 $BTC $ETH $ZEC
Originally planned to rely on daily grid to guarantee a minimum of 100u during low-level oscillation, exchanging time for space. However, the market experienced a major correction, and combined with the account's heavy position and greed, the capital drawdown directly soared to 30%, completely beyond expectations, forcing a forced stop loss.
Specifically looking at the HYPE long position, holding full position at 1.9x leverage, opened at 87.469, closed at 72.473, a position of 127,000 U suffered a hard loss of 22,000 U, with a return rate of -32.85%. Although the ETH short position earned over 200 U, it was just a drop in the bucket.
The root cause of this deep loss was excessive greed. In the future, I still have to learn from ants moving home and secure profits.
Quitting, when holding positions against the trend, I am just a dog
