Orbit: Crypto Community Feed

Bitcoin Short-Term Trading Strategy $BTC current price is around $63,400, with an intraday high of $63,918 and a low of $62,822. It is still within the large volatile range of $62K–66K, and the short-term direction is unclear. US inflation data is relatively mild, but BTC's positive response is moderate, indicating that buying strength is not yet strong. Resistance: $63,900–64,200 After breaking through and stabilizing, look towards $64,800–65,000. Support: $63,000–62,800 If it breaks below, watch $62,500 → $62,000. $62,500 is also an important mid-term defense level currently. Trading Ideas Hold above $64,000, with a pullback that does not break it → bullish bias Break below $62,800, with a failed rebound → bearish bias Currently, $63,400 is right in the middle of the range. I prefer to wait for the price to reach either side before making a choice, rather than chasing the middle. This is only a personal market observation and does not constitute investment advice.

Brothers. CORE holders stuck in losses have now reached a new level. People ask: "When will it go up?" I say I don't know. People ask: "When will it go to zero?" I don't know either. People ask: "Why are you still holding?" I thought for a long time. ... I've been stuck for so long, I just want to see if it can give me an explanation in the end. That's all. $CORE

The upcoming market trend will most likely unfold in three stages, so don't rush, let's take it one step at a time. 🥇 First leg $BTC Institutions lead the charge, with ETF funds at the forefront. As long as BTC holds steady, the market heats up—don't go against the big money. 🥈 Second leg $ETH BTC sets the stage, Ethereum takes the spotlight. Stablecoin liquidity, RWA, AI narratives—all rely on the Ethereum ecosystem. Once on-chain activity picks up, its momentum will surpass BTC by far. 🥉 Third leg $OKB This is the most flexible phase—real users on layer X, GAS consumption, application deployment. If any of these data points get confirmed, OKB’s catch-up potential will be huge. In short, this is a race: whoever’s story gets validated by data first will explode first. Which leg is your pick? Share your positions in the comments~ Risk reminder: The above is only a market phase analysis and does not constitute investment advice. Please do not trade blindly based on this.

Standard Chartered now says its $100 $UNI target for 2030 may be too low. The argument comes from Uniswap averaging roughly $244,000 in daily protocol revenue between July 27 and August 12. Because that revenue funds UNI buybacks and burns, the short sample annualizes to about $89.1 million. Robinhood Chain supplied around 60% of the revenue. I see improving token fundamentals here, but not proof of a $100 valuation. The burn estimate comes from only 17 days, while most of the new revenue is concentrated on one recently launched chain. If activity normalizes, the annualized figure can reset quickly. The real confirmation would be sustained revenue across several chains. A working fee to burn mechanism matters, but one strong burst should not be extrapolated through 2030. #CPIPPIEaseFedSplit #AIInfraEarningsWatch #SpaceX99%ValueFromAI $BTC $ETH

$CORE released a Bitcoin power grid narrative on its official Twitter early this morning; grand concepts require rational scrutiny🔶 The official release this morning introduced a new argument: for Bitcoin financial products to achieve yield, collateralization, payment, and acceleration, they all need to connect to CORE to build a Bitcoin power grid. A familiar script plays out again. The market has been consolidating sideways for a long time, confidence in holdings continues to erode, and the long-term narrative is launched punctually this morning. Grand blueprints easily stir the expectations of trapped investors. Clarify narrative loopholes: there is no single channel in the BTCFi track; various Bitcoin layer-2 and staking protocols continue to develop, and there are many underlying options for Bitcoin-related services. The "must connect" claim is just an expectation being created. Distinguish between long-term plans and current reality. The power grid requires stable carrying capacity, but the current ecosystem’s DEX liquidity is sluggish, active applications are scarce, and the long-term blueprint cannot support the current market. The promotion keeps emphasizing the potential of dormant Bitcoin but rarely mentions the high competition within the track. Having long-term space in the track does not mean projects can stably capture the market. The preference for early morning announcements is clear: during the day, people verify information with data; at early morning hours, most are resting, so long-term stories more easily influence expectations and stabilize on-chain holdings. The narrative can only temporarily ease holding anxiety; on-chain data does not lie. Realizing the vision depends on continuously iterated products and incremental capital; relying solely on concepts cannot break the consolidation pattern. Do you all expect this Bitcoin power grid narrative to be realized in the future? ⚠️ Risk reminder: This is only a market logic discussion and does not constitute investment advice. Cryptocurrency carries extremely high risk; participate rationally.

ETH$ETH At this current market situation, I actually feel a bit expectant. Not because it has already broken through, but because it increasingly resembles a tightly compressed spring. After the high of 1925 and subsequent pullback, ETH has been grinding around 1880, with almost all 1H short-term moving averages overlapping, and volume has noticeably shrunk since the peak. Both bulls and bears are waiting. At times like this, the most important thing is not to predict, but to prepare your trading plan in advance. Upside: 1900. A breakout with volume and a stable hold above, the first target is 1920-1925. If 1925 is broken again, it indicates bulls may start a new round of attack. Downside: 1865. After a volume-driven break below, don’t rush to bottom-fish; first watch 1860, then around 1850. Middle: no action. In the 1880-1900 range, I prefer to stay out and wait. Because truly good trades don’t open positions every day, but dare to execute when key levels appear. Right now, ETH is waiting for an answer: Will 1900 break first, or 1865? Before the answer comes out, patience is the greatest advantage.

$OKB $BTC $ASTER .... The SEC unexpectedly canceled the August 14 meeting regarding the issuance of new regulations for Crypto. According to Reuters and other sources related to Crypto, the White House is concerned that "an exception in regulations from the SEC could negatively impact the upcoming Clarity Act negotiations." The SEC only issued a brief notice: Due to unforeseen scheduling, no new date has been announced. The possibility of the Clarity Act being passed in September is becoming very promising $XRP is eagerly awaiting Clarity

Saying goodbye to double-digit effortless earnings: EigenLayer enters a brutal pain period, what will the commercial closed loop of restaking rely on to land? Recently, I chatted with a few friends who have been constantly accumulating Liquid Restaking liquidity restaking points, and everyone generally complained about the same phenomenon. The EigenLayer ecosystem, which once boasted double-digit yields, crazy point distributions, and various AVS token airdrops in succession, has recently seen its overall yield drop steadily to a baseline range of 4% to 7%. Many friends who nested assets with multiple layers of leverage for arbitrage found that after deducting gas fees and capital costs, the actual net returns barely cover the losses. This once hottest engine of restaking is clearly hitting a harsh wall of commercial reality. Everyone witnessed the early frenzy, with funds flooding the entire network, pushing EigenLayer’s locked value to an astonishing scale of hundreds of billions. But no matter how high the capital stacks, it cannot hide the core contradiction of supply and demand imbalance. The market has accumulated a massive amount of restaked funds, but the number of Web2 or Web3 real-world projects willing to spend real money to purchase AVS security validation services is pitifully small. Most of the generous early returns people received were just subsidies from the project teams crazily issuing counterfeit tokens to hype up the project. Once the project teams in the ecosystem start tightening token emissions, or the secondary liquidity of counterfeit tokens themselves comes under pressure, the yield flywheel supported by false interest immediately stalls. Facing this awkward situation, the official side recently began adjusting strategic direction, attempting to move toward the EigenCloud concept and proposed a new plan to extract AVS protocol revenue for secondary market token buybacks. This series of moves marks that the restaking track is forced to leave the virtual bloated period of point airdrop hype and enter a sedimentation period seeking a real commercial closed loop. This is actually a good thing for the entire crypto ecosystem. Decentralized security services cannot forever be built on printing money out of thin air; they ultimately need to find real payers willing to pay for network security, decentralized oracles, and data availability. Only when the restaking network can continuously generate real protocol revenue at fiat currency levels and feed this revenue back to token holders and staking nodes can this track emerge from the Ponzi pain. Finally, a question for friends: after restaking yields have been significantly squeezed dry, will you still lock your ETH in restaking protocols? Do you think the EigenCloud model can run a real commercial self-sustaining closed loop for restaking? #BitMine成全球最大ETH质押方