Crypto Chuanzhang
Crypto Chuanzhang|Oct 29, 2026 21:11
[Going long at $80,000 is suicide] I've already said it, going long at this level is suicide, not even considering the deleveraging issue. The negative factors clearly outweigh the positives, especially with the Fed likely to raise rates again in December. Today's after-hours earnings reports: Amazon fell about 8%, Intel plummeted over 16%-20%. With tech stocks experiencing consecutive crashes, Bitcoin is finding it difficult to hold above $80,000. Those who go long at this level are like those who, with a gambler's mentality, tried to collect USDT transferred internally by OKEx when Xu Mingxing was arrested.
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