$BTC Heatmap never lies. We are entering the final testing | Fortitude Financials on Binance Square

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Fortitude Financials

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$BTC Heatmap never lies.
We are entering the final testing zone — 117K.
After that, the ocean will turn red again 🌊
The next waves are already visible:
90K → 50K → maybe even 25K.
Only patience will save you from drowning.

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💥BREAKING REPORT: THE OCTOBER 11 CRYPTO COLLAPSE — WHAT REALLY HAPPENED? 🧩 ✍️ Summary: A group dumped $60–90M of USDe, wBETH, and BNSOL on Binance, exploiting a collateral valuation flaw. That triggered a local USDe depeg and $500M–$1B in forced liquidations, setting off a $19B global chain reaction. Attackers had opened $1.1B in BTC & ETH shorts beforehand — netting $192M profit. 👉 This was Binance’s design flaw, not a USDe failure. ⏱ Timeline: 1️⃣ Setup — Binance allowed USDe, wBETH, and BNSOL as collateral, priced by its own spot markets. On Oct 6, they announced a switch to oracle-based pricing, but the rollout was delayed until Oct 14 — leaving an 8-day window for attack. 2️⃣ Depeg — Traders crashed USDe to $0.65 only on Binance (elsewhere ~$1). Collateral value plunged → hundreds of millions in liquidations → panic intensified after Trump’s 100% China tariff statement. 3️⃣ Profit Play — New wallets on Hyperliquid opened $1.1B shorts on BTC & ETH, funded by $110M USDC from Arbitrum. When Binance’s liquidations hit, BTC & ETH collapsed — attackers made $192M. 4️⃣ Domino Effect — Liquidations on Binance spread across other exchanges. Bots and market makers, forced to hedge, sold off everywhere — altcoins crashed 50–70% in a day. 5️⃣ Blame Game — ⚠️ Binance: design misstep + delay in oracle integration. ⚠️ Attackers: executed precise, coordinated manipulation. ✅ Ethena (USDe): stable and collateralized — price stable elsewhere. 6️⃣ Aftermath: Binance admitted “technical issues,” promised compensation, and rushed oracle and price-limit updates. USDe functioned normally. This event proved how one exchange’s bug can cause a global liquidity meltdown. Bottom Line: A $90M dump + $1.1B short → $19B in liquidations. Not a stablecoin collapse — a targeted exploitation during macro stress.

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⚡️ Key Upcoming Events This Week: Tuesday - NY Fed Inflation Expectations data Wednesday - Fed meeting minutes release Thursday - Fed Chair Powell speech Friday - MI Consumer Sentiment & Expectations data, September Jobs Report (if govt shutdown ends) Where do you think the market is heading this week? 👇

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🚨 UPDATE: Over $3.9B worth of tokens to be unlocked in October, led by $ASTER ($503.58M), $SUI ($180.4M), and $XPL ($90.06M) per CryptoRank.

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Money printer go BRRRRRRRRRRRRRR! 💸 Since the government shutdown today, odds for a rate cut have skyrocketed up to 99%. If Powell blinks, #stonks and #crypto to the moon - Seatbelts on 🚀

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GOVT SHUTDOWN COULD STALL THE ETF-TOBER What a bummer if DC gridlock stalls new crypto ETF approvals. 🤦 The SEC just told $XRP , $SOL , $ADA , $DOGE & $LTC issuers to withdraw their 19b-4s, because new listing standards clear the way. The rails are ready. Wall Street is ready. Crypto is ready. But if the govt shuts down, the SEC goes skeleton crew starting tomorrow. No approvals. No movement. Just politics blocking billions in inflows. We’re in Uptober… and the biggest obstacle isn’t risk or regulation. It’s Washington. 👀

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