Woke up on October 17, 2025.

I took a look at the few injections I received before going to bed last night, all of which had stop-losses, but they were all swept away, none left.

Gold actually surged to 4800 last night... What kind of bad news is this? With so much capital flooding into gold, it has risen like this in less than two weeks. Is it really going to be a third war?

I really don't want to enter the market from the left side anymore; I'd rather honestly watch the 4-hour chart. I will consider going long again only when a "bullish engulfing" pattern forms, at least when it engulfs the line at 1085. Otherwise, like now, with the back-and-forth price action and being stopped out constantly, it's simply unplayable.

It feels like today's trend is almost the same as yesterday's, and yesterday was similar to the day before.

All one color at midnight inserting needles, the daily line is falling in the dark, and the night market bounces a little and continues to fall... It's already the 17th, are they really not planning to speculate on interest rate cuts? According to the previous market rhythm, it usually starts to speculate 7 to 10 days in advance, which should be around the 18th to 21st. Are we going to wait until an interest rate cut is imminent again, have a rally for two or three days, and then continue to fall?

However, there is something worth noting: those treasury companies seem to have "held their breath" recently. In the past two weeks, Bitcoin has dropped so much, and MicroStrategy seems to have only bought a little over 280 (they also published an article hinting that they bought, but in fact it was only over 200...), and they are not as active as before - no longer recruiting people to hoard Bitcoin.

There is a treasury on the Ethereum side, and I saw a pop-up last night saying they have prepared over 70 million to buy Ethereum, but I remember they used to buy in hundreds of millions.

The Sol treasury has become completely silent; during the last surge to 253, it was that treasury that bought over two billion in a short time to push it up.

Looking at it this way, haven't the treasury companies of Ethereum and Solana both boxed themselves in at high positions?

In this market, retail investors simply do not have the money to move the market. Let alone pumping the market, without the institutions stepping in and with no capital inflow into the ETF, relying solely on retail investors, we can't even maintain a price above 100,000.

I didn't check after 1 AM last night, so I don't know if there are any new liquidations. But by the time I went to sleep, nearly 1 billion had already been liquidated.

Just surged to 10111 in less than a week, and now all the newly sprouted chives have been cut down... Is it really necessary to "eradicate the roots" like this?

The 1072 level of Bitcoin is the support left from before; let's see if a bottom can be formed here.