SC02 M1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 0.62% wide. The downtrend has lasted 4 hours 1 minute, with a maximum recorded price decline of 4.73%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
Credit markets are beginning to reprice risks across the AI data center boom
🏗 The roughly $18 billion Project Jupiter loan has been quoted around 89–91 cents on the dollar since September 18, reflecting a larger discount as the project faces power, permitting, and execution risks.
📉 Roughly $27 billion of bonds linked to Meta’s Hyperion campus are also trading near 91 cents, with yields around 7.55% and spreads of roughly 230 bp over Treasuries.
⚡ This is not yet an AI default wave. Markets are repricing project-finance risk, particularly for developments dependent on a single tenant, uncertain power availability, or elevated funding costs.
🏦 With Treasury yields still high and AI-related debt supply expanding, credit conditions for AI infrastructure are likely to become increasingly selective rather than weaken uniformly.
$ICP – Liquidation Map (7 Days) – Current Price 3.43
🔎 The 7-day liquidation map shows roughly 6.5 million USD in long liquidations below the current price, clearly exceeding approximately 2.2 million USD in short liquidations above. The liquidity structure therefore strongly favors the downside, with nearly three times more cumulative liquidity below the market.
📉 Below the market, long-liquidation liquidity is concentrated heavily across 3.18–3.33. The strongest cluster sits around 3.24–3.28 with several bars near 0.30–0.32 million USD; 3.03 also contains a bar above 0.3 million USD, while 3.31–3.33 holds another cluster around 0.15–0.24 million USD. Losing 3.40 would shift attention toward 3.36–3.30 and then 3.28–3.24.
📈 Above the market, short-liquidation liquidity is significantly thinner. Notable clusters appear around 3.46–3.47, 3.53–3.54 and 3.58–3.60, with bars around 0.14–0.18 million USD. Beyond 3.63, liquidity becomes progressively thinner and more dispersed.
🧭 The broader setup favors the downside because long-liquidation exposure below dominates. Losing 3.40 would increase the probability of a sweep toward 3.36–3.30, followed by 3.28–3.24. Breaking above 3.47–3.54 would instead expose 3.58–3.60 before price enters a thinner liquidity zone.
US consumer confidence falls to its lowest level in more than 12 years
📉 The Consumer Confidence Index fell sharply to 81.9 in September from 88.6, well below expectations near 89 and marking its lowest level since April 2014.
👷 The Expectations Index declined for a third straight month to 63.6. At the same time, the share of consumers saying jobs are plentiful fell to 23.6%, while those saying jobs are hard to get rose to 21.9%, signaling a weaker perception of the labor market.
🔥 However, 12-month inflation expectations remain elevated at 5.1–6.1%, while 68.4% of respondents expect interest rates to rise further.
🏦 The data reinforce concerns that US consumer growth is slowing, but they are not enough on their own to shift the Fed’s policy direction while price pressures remain persistent. Upcoming PCE and labor data will remain key for rate expectations.
$ETHFI – Liquidation Map (7 Days) – Current Price 0.772
🔎 The 7-day liquidation map shows roughly 4 million USD in long liquidations below the current price, exceeding approximately 2.6 million USD in short liquidations above. The liquidity structure therefore favors the downside, with around 1.5 times more cumulative liquidity below the market.
📉 Below the market, long-liquidation liquidity is concentrated heavily across 0.733–0.757. Major clusters sit around 0.733–0.736 and 0.745–0.748 with bars above 0.2 million USD, while 0.753–0.757 also contains a bar near 0.18 million USD. Losing 0.769 would shift attention toward 0.761–0.753 and then 0.748–0.733.
📈 Above the market, short-liquidation liquidity is concentrated across 0.787–0.849. Notable clusters appear around 0.787–0.790 with a bar near 0.16 million USD, 0.825–0.833 with several bars around 0.17–0.18 million USD, and 0.849 with a bar near 0.15 million USD.
🧭 The broader setup favors the downside because long-liquidation exposure below is larger. Losing 0.769 would increase the probability of a sweep toward 0.761–0.753, followed by 0.748–0.733. Breaking above 0.787–0.799 would instead expose 0.825–0.833 and then 0.849.
SC02 M1 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 12.26% wide. The downtrend has lasted 1 hour 40 minutes, with a maximum recorded price decline of 49.43%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M1 - pending Short order. Entry lies within LVN + meets simplification with a previously profitable Short order, the current resistance zone is approximately 0.40% wide. The downtrend has lasted 1 hour 20 minutes, with a maximum recorded price decline of 1.84%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M5 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is approximately 3.66% wide. The uptrend has lasted 1 day 3 hours 10 minutes, with a maximum recorded price increase of 41.60%. If price loses this support zone, the trend is highly likely to reverse downward.
SC02 M1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 2.63% wide. The downtrend has lasted 3 hours 27 minutes, with a maximum recorded price decline of 17.43%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
India’s pulse prices rise sharply ahead of Diwali as markets price in future supply risks
🌾 Wholesale pulse prices in India have climbed rapidly over the past month, led by chana +11%, moong +10.6%, tur +6.5% and matar +6%. Festive demand is providing support, but concerns over weather and upcoming crop conditions appear to be the stronger drivers.
🌦️ Drought conditions in Maharashtra and Karnataka, combined with low soil moisture, are increasing risks for the rabi season, particularly for chana. Import conditions are also becoming less favorable as Australian chickpea output may fall sharply, while yellow pea supplies from Russia and Canada are becoming more expensive.
📦 India has still recorded a record 2025–26 pulse harvest, while government buffer stocks remain relatively high. This suggests the current rally is pricing in potential supply tightness ahead rather than an immediate nationwide shortage.
📈 If weather conditions fail to improve, price pressure could persist through the festive season, increasing food inflation risks and India’s import demand.
$ETC – Liquidation Map (7 Days) – Current Price 9.30
🔎 The 7-day liquidation map shows roughly 10–11 million USD in short liquidations above the current price, significantly exceeding approximately 5.8–6 million USD in long liquidations below. The liquidity structure therefore clearly favors the upside, with around 1.8 times more cumulative liquidity above the market.
📉 Below the market, long-liquidation liquidity is concentrated mainly across 8.42–8.66. Notable clusters sit around 8.46–8.62 with several bars near 0.15–0.32 million USD, while 8.78–8.88 also contains multiple pockets around 0.15–0.25 million USD. Losing 9.10 would shift attention toward 9.02–8.94 and then 8.86–8.62.
📈 Above the market, short-liquidation liquidity is heavily concentrated across 9.62–10.00. Major clusters appear around 9.68–9.72 with a bar above 0.5 million USD, 9.78–9.84 with several bars around 0.35–0.63 million USD, and especially 9.94–9.96 with a bar near 0.76 million USD.
🧭 The broader setup favors the upside because short-liquidation exposure above dominates. Breaking above 9.54–9.62 would expose 9.68–9.84, followed by the major 9.94–9.96 cluster. Losing 9.10 would instead increase the probability of a sweep toward 9.02–8.94 and then 8.86–8.62.
SC02 M15 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is approximately 4.18% wide. The uptrend has lasted 1 day 3 hours 15 minutes, with a maximum recorded price increase of 21.69%. If price loses this support zone, the trend is highly likely to reverse downward.
SC02 M5 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 0.61% wide. The downtrend has lasted 11 hours 45 minutes, with a maximum recorded price decline of 4.40%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
USDT moves into focus in report on Iran-linked financial networks
🧭 A report by Democratic minority staff on the U.S. Senate PSI found that 84% of a sample of 846 wallets sanctioned or targeted by U.S. or Israeli authorities for links to Iran and related groups used USDT exclusively or almost exclusively.
💵 The report argues that high liquidity, low transaction costs and 24/7 transfers outside the SWIFT system have made USDT an important dollar rail for these networks.
🛡️ Tether responded that it has supported freezes of roughly $550 million in Iran-linked USDT during 2026, while stressing that public blockchains allow authorities to trace fund flows more effectively.
📌 The two sides are measuring different things. The report focuses on USDT usage among designated wallets, while Tether highlights assets already frozen. The main implication is increased AML and stablecoin oversight pressure, rather than a direct signal of USDT depeg risk.
$APT – Liquidation Map (7 Days) – Current Price 0.835
🔎 The 7-day liquidation map shows roughly 8 million USD in short liquidations above the current price, slightly exceeding approximately 7 million USD in long liquidations below. The liquidity structure is therefore relatively balanced, with a mild upside tilt.
📉 Below the market, long-liquidation liquidity is concentrated heavily across 0.779–0.799. The strongest cluster sits around 0.787–0.791 with the largest bar near 0.65 million USD, while 0.775–0.783 and 0.795–0.799 also contain several bars around 0.25–0.35 million USD. Losing 0.819 would shift attention toward 0.803–0.795 and then 0.791–0.779.
📈 Above the market, short-liquidation liquidity is distributed heavily across 0.839–0.899. Notable clusters appear around 0.839–0.851 with bars near 0.35–0.40 million USD, 0.875–0.879 around 0.40 million USD, and 0.887–0.891 with several bars around 0.35–0.43 million USD.
🧭 The broader setup is close to balanced but carries a mild upside tilt. Breaking above 0.843–0.851 would expose 0.875–0.879, followed by 0.887–0.891. Losing 0.819 would instead increase the probability of a sweep toward 0.803–0.795 and then 0.791–0.779.
SC02 M5 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 1.51% wide. The downtrend has lasted 10 hours 10 minutes, with a maximum recorded price decline of 9.46%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M5 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 1.32% wide. The downtrend has lasted 1 day 4 hours 45 minutes, with a maximum recorded price decline of 18.01%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
RBA Raises Rates to 15-Year High, AUD Still Weakens
🏦 The RBA raised the cash rate by 25 basis points to 4.60%, the highest level since October 2011 and its fourth hike of 2026. The unanimous decision came as the central bank said inflation remains too high and upside price risks are materializing.
🔥 The RBA highlighted elevated energy costs from Middle East tensions, AI-related technology prices and persistent domestic price pressures, even as consumption, housing and the labor market show signs of cooling.
🎙 At the press conference, Governor Michele Bullock said the Board had also considered holding rates steady and hoped the current level would be restrictive enough, softening the tone of the official statement.
📉 AUD/USD initially rose but later fell below 0.7000, suggesting the hike was largely priced in. Australian inflation, oil prices and upcoming US data will be key ahead of the November 3 meeting.
$AMD – Liquidation Map (7 Days) – Current Price 612.1
🔎 The 7-day liquidation map shows roughly 17–18 million USD in long liquidations below the current price, exceeding approximately 10–11 million USD in short liquidations above. The liquidity structure therefore favors the downside, with around 1.6 times more cumulative liquidity below the market.
📉 Below the market, long-liquidation liquidity is concentrated heavily across 572–589. Major clusters sit around 572 with a bar near 0.9 million USD, 582–584 with a bar above 1.2 million USD, and 588–589 with a bar around 1.1–1.2 million USD. Losing 610 would shift attention toward 601–597 and then 589–582.
📈 Above the market, short-liquidation liquidity is initially thin but rises noticeably from around 646. The strongest cluster sits around 654–655 with a bar near 1 million USD, while 650–655 also contains several bars around 0.5–0.65 million USD. Further out, 658–676 holds multiple smaller but relatively dense liquidity pockets.
🧭 The broader setup favors the downside because long-liquidation exposure below is larger. Losing 610 would increase the probability of a sweep toward 601–597, followed by 589–582. Breaking above 642–646 would instead expose 650–655 and then 659–663.
SC02 M5 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 0.60% wide. The downtrend has lasted 1 day 7 hours 55 minutes, with a maximum recorded price decline of 8.57%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.