Orbit: Crypto Community Feed

Please, stop rising, I can't hold my short positions much longer $ETH short position floating loss is 8500 dollars, $SOL short position floating loss is 1200 dollars. Both are full positions, and the margin ratio has reached 1400%. $ETH opening average price is 2668, the mark price is already 2696, liquidation price is 2883. Honestly, if it pushes up a bit more from here, my mentality will really explode. $SOL is even worse, shorted at 118, now at 119.8, although it hasn't reached liquidation yet, watching it creep up is more painful than getting liquidated directly. My logic for shorting this round is simple: it has risen too much and should correct. But the market is telling me with actions: what you think is high, institutions think is cheap. Now I just have to hold on hard. Closing the position feels regretful, not closing it makes me afraid of a big bullish candle wiping me out. Please, stop rising. Leave some room for the bears.

Alright, no need to say more, short it, all you genius traders. The bear market is back. $ETH has attacked the 2700 level multiple times but can't hold it; it gets smashed down by the bears as soon as it goes up. Earlier, it broke through 2530 and the 2700 mark, then pushed up to 2800, later holding above 2780. In recent days, it has been oscillating between 2635 and 2725. Those trading volatility convergence should be cautious, as sudden directional spikes can happen anytime. $PUMP's short position yesterday with 19x leverage has a floating profit of $120,000. $ZEC at an average price of 1541.01 without adding positions has a floating profit of $80,000.

ZEC has repeated the old script again It hit a new high at 1695, then immediately pulled back, with $8.66 million liquidated in 24 hours, $6.24 million of which were long positions. To put it simply, those chasing the highs got cut again, and the shorts didn’t fare well either. This coin is now eating people on both sides. I’m too familiar with this script. Last time, the whale who held 38,000 short positions lost 35 million and was taken out. I wrote about it then, saying this is a scythe, not a runway. Now it seems the scythe is still here, just a new group of people getting cut. The data is clear. Daily trading volume stays steady above 1.2 billion, the interest is high, but the 24-hour price volatility exceeds 8%, mainly wiping out longs. This means the interest is real, but so is the risk. It doesn’t make money from trends, it profits from volatility. My trading advice is simple: don’t chase new highs, don’t catch the sharp pullbacks. The 100-dollar drop from 1695 looks tempting, but if you don’t catch it well, it’s a flying knife. If you really want to trade, wait for volume to shrink and stabilize first. Those rushing in have all become part of the liquidation stats. ZEC’s nature is to surge and crash violently; it’s not a flaw. If you can’t handle this nature, don’t touch it. What do you think? After this pullback, will ZEC continue to new highs, or has the scythe harvested enough? #波动雷达：币种异动观察 $ZEC $BTC $ETH

$ETH Everyone says the crypto market trades in cycles, "a four-year cycle." I increasingly feel that this round is indeed different. What’s different is not the pattern, but the rhythm of time and space has changed. Historically, whether it’s a bear-to-bull transition or a major rebound within a bear market, ETH usually undergoes a deep correction from its high, with a drop of about 80%. Remember this number. Now look at this round: In terms of space, the correction is not yet fully complete. If we calculate based on the historical 80% retracement level, ETH’s corresponding position is around 2430. This is why I say "different." From the perspective of correction dimensions—time * space—past corrections of this scale often dragged on for a long time, but this time, the correction cycle is shortening repeatedly. Look at the market: 1. The major correction has already played out, and now we’ve entered the most frustrating "fish tail market"—not necessarily the harshest drop, but often the most torturous, with repeated pulls and washouts. 2. The position corresponding to an 80% drop from the correction is roughly around 2430. Unless a macro-level black swan event occurs, this is very likely the end point of the correction. The cycle hasn’t disappeared; it’s just that this time, the time and space of the cycle may be undergoing a revaluation #本周迎非农与PCE关键数据

The market has opened, BTC is stuck at 83800, ETH at 2687, with neither a sharp surge nor a crash, it's completely stagnant. I also think the culprit behind this suppressed market is the Bitget hack incident. Hackers hold $350 million worth of ETH, which is like a guillotine hanging over everyone's head. Everyone is now closely watching on-chain data, fearing the hackers might suddenly dump and cash out. Big funds simply dare not push the market at this critical moment; any rally could become the opposing side to the hackers' sell-off. But a crash is unlikely either, since the expectation of the protection fund's backstop exists, the negative news is already out in the open, and panic selling has mostly been released earlier. So the current scenario is that both bulls and bears are enduring. There is no momentum for a sharp rise, and no trigger for a sharp fall.

Air force assemble, let's meet first at 78800 this round Nothing much to say, firmly bearish mindset, the bull market won't come back that quickly, with more rate hikes ahead it’s established that a big bull market won’t happen immediately. 87000 is very likely the stage high point for this year, so don’t chase the highs anymore. The market won’t drop quickly either, it will be a step-by-step pullback rhythm. First confirm the trend, then find entry points. A slight rebound this afternoon is enough to short directly, initial target 80500. If it doesn’t break here, a short-term reversal long once, then continue short on the rebound. Same with Ethereum, bearish and short. Aggressive traders can open a probe short position around 2660, reserve position to add when ETH reaches around 2780. Watch support at 2585, if broken expect continuation down to previous low at 2360. Use trailing stop profit method to take profits in batches #本周迎非农与PCE关键数据 $BTC $ETH

150u principal challenging 1000000u, got stuck on the first day 😭

$ONDO doesn't want to talk anymore. Started shorting at 0.52 a couple of days ago, and today the market suddenly exploded. At peak, floating loss was over 300u. Kept buying all the way, pulling the average price up to 0.55. Ran away when it dropped to 0.57 in the afternoon, afraid it would rise again. Damn, shortly after selling, it crashed.

All day $XDP was in the red, personally I wanted to open a short disappointed. And here it gives us a 500% jump The max longs were right about us again. I won't be at the right moment. #BTCETFInflowsHit1YHigh $BTC

Seeing Arbitrum's recent moves, I really feel there are signs of a takeoff. They launched a Security Program, directly providing smart contract audit subsidies to projects on the testnet, mainnet, cross-chain migration, and Orbit chain. This move is brilliant. Recently, Bitget's hack has caused widespread panic; security is currently the biggest pain point for project teams. At this moment, Arbitrum is spending money to backstop development teams, clearly trying to aggressively attract top developers and consolidate its position as the L2 leader. With the ecosystem fundamentals improving, ARB naturally has speculation expectations. But I still won't blindly chase the highs. Right now, the market is stagnant; the main players might use this good news to push a big bullish candle, but sustainability depends on new capital inflows.