BitTiger's Thoughts on October 30, 2026

October 30, 2026 will be a day recorded in the annals of the crypto world, worthy of a post. Negative news is looming, and crypto holders are beginning to proclaim their "Crypto Safeguard Declaration": These past few days have truly been a series of misfortunes for the crypto world. First, there was the uncertainty and pullback brought about by the midterm elections, then last night, two of the "Seven Sisters" of US stocks, Google and Intel, experienced an epic crash, seemingly signaling the bursting of the AI bubble. Then, in the latter half of the night, Binance, the world's largest cryptocurrency exchange, was hacked for nearly 6 billion yuan, fortunately, nearly half of the funds were frozen. The stolen 30... The $100 million theft by Bybit has once again broken the previous record of $1.5 billion set by Bybit. While Binance can afford to compensate, it represents another extreme test of the confidence of long-term holders. Hopefully, things will improve quickly after the midterm elections on November 3rd. For long-term holders who haven't yet heavily invested, today presents a golden opportunity to buy on dips and add to their positions. Sentiment is truly ironic; every time we're gearing up for a big move, the market whips us into a frenzy. Tonight, we'll see if the current sentiment has ended or is just beginning, depending on the flow of funds in the US stock market. 76700✊✊✊