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Bitcoin

• Retested & Rejected
• If we first look at the TA: The support level around 81-82k - that we have discussed over the past few weeks - broke, retested from below and rejected yesterday. You can see it clearly in this chart.
• Then the reason for yesterday's rejection. Oh boy. This Binance hack is the biggest theft in human history, by a factor 4. The previous "record" was held by another crypto exchange hack, that time it was ByBit.
• There have been too many security incidents lately, related to both hardware wallets and exchanges. That is not good for the confidence of the crypto ecosystem. One random devops engineer's laptop gets compromised plus some events and thieves get away with billions of dollars. And it keeps happening. Unacceptable. Culture of speed and handling will need to change, or there will be a serious confidence drop.
• How this affects price short-medium term I don't know.
• It's obviously not good when one of the biggest players in the entire ecosystem gets a massive hack. The only positive is if they (as they have written) can indeed cover the entire loss from their SAFU fund and company funds, similar to what ByBit did. That would be very different from when FTX, Celsius, Luna etc collapsed which spread into the broader ecosysystem through lending, leverage and agreements. Still. Not good. Not the positive momentum we want to see.
• As you see below in the position disclosure updates, I closed some altcoin positions yesterday. I reduced a little in Bitcoin but not enough to be a "materially reduced" update. I'm fine to buy that back at higher price if risk drops and market finds strength.
• Could it be the "final flush"? Like someone wrote on X yesterday "no bottom until there has a major exchange hack". Of course possible. Who knows. I will simply, as always, try to react.

Zcash

ZEC was notably not particularly affected by the carnage yesterday. The bounce in ZEC/BTC off the 0.014 B level has held well. The trend is still double gold.

HYPE

Ok this is interesting. Last week HYPE/USD is was retesting the breakout level. It held as support. Then yesterday when almost the entire market mega dumped, HYPE pumped, not only on HYPE/BTC but on HYPE/USD as well. HYPE/BTC had a massive up-candle yesterday. I'm actually not sure of the reason. First I speculated that it was because the confidence in CEXs dropped, but then I saw that Uniswap dumped too. Here it looks like HYPE/BTC is even trying to break out.

NEAR

I discussed last week the numerous times that this chart rejected at resistance. Price eventually gave way. I closed my position yesterday (see position disclosure update below). Position Disclosure Update: CTO LONG CLOSED 2026-10-29

Ondo

ONDO/USD is not a good look but ONDO/BTC is still ranging. I have a very small position only.

Solana

Unless Solana almost immediately recovers here, this is a breakdown. Not happy. SOL/BTC also remains rejected at 138 ksats.

Ethereum

Ethereum couldn't hold its support. The "hack candle" yesterday became a retest from below which rejected, almost exactly the same chart structure as Bitcoin. That was the nail in the coffin of this chart. I closed my position (see below). If the market structure changes and it reclaims support, I'm fine to buy back at higher prices but lower risk. Position Disclosure Update: CTO LONG CLOSED 2026-10-29

BNB

The BNB/BTC chart held up surprisingly well considering the situation and didn't actually break support. If we hadn't gotten any breakdown in Binance after the biggest heist in human

Uniswap

Uni didn't get the huge up-candle that HYPE got yesterday. But it hasn't mega dumped either, though it still feels looks like a parabola break to me. The original breakout is still holding. UNI / BTC Breakout at 5.07 ks confirmed on 2026-07-02 daily close In USD terms, price closed at $3.18 that day. Main DEX and liquidity layer on Ethereum

PYTH

Breakdown at $0.0709 Breakdown at 88.1 s confirmed on 2026-10-29 daily close

SUI

SUI/BTC is not a great look. The key level broke. I've closed my position. Breakdown at $0.884 confirmed on 2026-10-29 daily close Position Disclosure Update: CTO LONG CLOSED

XMR

Monero The XMR charts remain strong here, both XMR/BTC and XMR/USD.

S&P 500

The stock market is short-term rejected at resistance, looking at this chart. Too early to say if it's just a short term consolidation or something else. I have long exposure to the US stock market in general.

NVIDIA

NVDA A bit worrying. This does start looking like a wedge or channel threatening to break. Hmm.. Here is the problem with diagonal patterns, you're never quite sure.

TSLA

Chart wise, TSLA continues to consolidate. Hard to say much more conclusive than that. $488 resistance remains the next hurdle to cross for TSLA.

SpaceX (SPCX)

SpaceX As I shared last week, my small entry into SPCX did not go too great. This now looks very much like a rejection from the resistance zone. Not happy.

SDGR.US

Schrodinger Inc The original breakout is still holding. Breakout at $18.82 confirmed on 2026-08-21 weekly close AI-powered biotech company that licenses drug discovery software and is developing an agentic AI “co-scientist”

Okta

The original breakout is still holding: Breakout at $127.92 confirmed on 2026-07-03 weekly close Cloud identity-security platform for employees, customers and AI agents access

VEON.US

VEON Ltd The previous breakout is still holding. Breakout at 0.00913 confirmed on 2026-09-25 weekly close Provides mobile connectivity and digital services, including financial apps, across emerging markets

AVPT.US

Avepoint Inc Another breakout this week vs Index. The previous breakout is still holding (below). Breakout at $13.97 confirmed on 2026-10-09 weekly close Helps companies back up, secure and organize their cloud data

AMPL.US

Amplitude Inc The previous breakout is still holding: Breakout at $14.3 confirmed on 2026-10-09 weekly close Provides analytics software to understand how people use websites and apps

WAY.US

Waystar Holding Corp. Common Stock The previous breakout is still holding: Inverse H&S breakout at $25.92 confirmed on 2026-10-09 weekly close Provides software that helps healthcare providers manage insurance claims, billing and payment collection

VEEV.US

Veeva Systems Inc Class A Provides specialized cloud software that helps pharmaceutical companies manage drug development, regulatory compliance and sales The previous breakout is still holding: Breakout at 0.0358 confirmed on 2026-10-09 weekly close

GitLab

The previous breakout is still holding: GTLB.US / USD Breakout at $49.78 confirmed on 2026-10-09 weekly close Provides a platform for software teams with AI tools that help automate development

SECT-B.ST

Sectra AB (publ) The previous breakout is still holding: Breakout at 312 confirmed on 2026-10-16 weekly close Swedish healthcare-technology company providing medical-imaging software with growing AI-powered radiology capabilities

NUTX.US

Nutex Health Inc The breakout is still holding: Cup & Handle breakout at $196.53 confirmed on 2026-09-18 weekly close

DTOL.TO

D2L Inc The previous breakout is still holding: Rectangle breakout at 9.89e-4 confirmed on 2026-10-16 weekly close Provides the Brightspace online learning platform with AI tools for creating and delivering education

MA.US

Mastercard Inc The previous breakout is still holding: Breakout at $595 confirmed on 2026-10-16 weekly close Global payments-technology company

PLUS.US

ePlus inc Another breakout this week vs Index. The previous breakout is still holding: Breakout at $93.09 confirmed on 2026-10-16 weekly close Helps businesses with IT infrastructure including cloud computing, cybersecurity and AI systems

TW.US

Tradeweb Markets Inc The previous breakout is still holding: Breakout at 0.0142 confirmed on 2026-10-16 weekly close Operates electronic marketplaces where institutional investors trade bonds, ETFs and derivatives

KO.US

The Coca-Cola Company The previous breakout is still holding: Cup & Handle breakout at 0.012 confirmed on 2026-10-16 weekly close Owns and markets a global portfolio of beverage brands, including Coca-Cola, Sprite and Fanta

SGE.LSE

Sage Group PLC The previous breakout is still holding: Breakout at 1,102 confirmed on 2026-10-16 weekly close Provides cloud accounting, payroll and business-management software with AI automation

ASST.US

Strive, Inc. The previous breakout is still holding: Breakout at $19.28 confirmed on 2026-08-28 weekly close Bitcoin-treasury company

Circle (CRCL)

CIRCLE CRCL again fell back below the $87 level. That's pretty bad. Reminder: For stocks that mostly follow the crypto market, do consider monitoring multiple timeframes in your analysis.

2409.TW

AU Optronics The previous breakout is still holding. Breakout at 1.30e-4 confirmed on 2026-09-25 weekly close Manufactures display panels and develops technologies such as MicroLED displays

CRM.US

Salesforce.com Inc The previous breakout is still holding: Breakout at $200 confirmed on 2026-08-21 weekly close Provides cloud software for managing customer relationships and is embedding AI agents that can automate sales

IOT.US

Samsara Inc Gold flip Uses connected sensors, cameras and AI to help businesses manage vehicle fleets and equipment

APPN.US

Appian Corp Breakout at $42.52 confirmed on 2026-10-23 weekly close Provides software that combines AI and automation to streamline complex business processes

GDYN.US

Grid Dynamics Holdings Inc Rectangle breakout at $8.11 Breakout at 0.00106 confirmed on 2026-10-23 weekly close Helps large companies build and implement AI systems, data platforms and cloud applications

CVLT.US

Commvault Systems Gold flip. Nearing next resistance. Provides data backup, protection and recovery software that helps organizations restore operations after cyberattacks or outages

EMR.US

Emerson Electric Company Breakout at 0.021 confirmed on 2026-10-23 weekly close Develops industrial automation equipment and software for factories and infrastructure

CART.US

Maplebear Inc. Breakout at $51.5 Breakout at 0.0067 confirmed on 2026-10-23 weekly close Operates a grocery delivery marketplace and supplies retailers with e-commerce technology and AI shopping assistants

DXY (dollar index)

DXY DXY is confidently holding the 100 level breakout.

US 2Y Yield

US02Y Yields Slight retracement but still on very high levels.

US 10Y Yield

US10Y Yields Some further retracement, but still very high.

Gold

Oh this is a scary candle folks. Showing daily candles here to show you that the breakdown threatens to happen exactly right now. This price level is almost to the dollar where Gold found support and bounced back in late October 2025, almost exactly a year ago. If that doesn't hold this time, well that's not great... I have a real position here so this isn't what I wanted to see today. Can we get a bounce, pretty please?

Silver

The structure in Silver is almost exactly like in Gold. This looks like a serious breakdown unless price bounces around these levels and fast. Yikes.

Oil

No pause in oil prices. Still bicycle to work folks 😅

Uranium

This chart shows nothing but strength here.

CHF-USD

• We noted the breakdown of the 1.23-1.24 support level a few weeks ago. Still the case.
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