US Senator Questions Bessent, Demands Explanation for Treasury's 'Unprecedented Intervention' in US Treasury Market

According to market data from BIT (bit.com), SanDisk and Micron Technology rallied intraday to turn positive. SanDisk’s gain widened to 2.5%, while Micron Technology rose more than 1% after earlier dropping over 3%.

Prominent trader Killa said Bitcoin once again failed to break the $87,000 level, and his previously established 10x leveraged long position was stopped out at the break-even price. This position was an aggressive trend-following trade, with the original expectation that BTC would break through during its second test of the high point, but after the breakout failed, the price returned to the entry level. Killa added that he will next monitor the $80,000 to $82,000 range to look for opportunities to re-establish this 10x leveraged long position. He currently holds long positions opened at $62,600 and $76,400 respectively, and sees no reason to rush into adding new long positions for now. He emphasized that risk management is critical, and his existing BTC holdings are sufficient. Regarding the future trend, Killa maintains his bullish outlook, expecting prices to continue rising. He noted that the current market is in a short-term consolidation phase, and he primarily trades based on longer timeframes.

According to Lookonchain monitoring, amid the market downturn, the 39,025 ETH long positions (valued at approximately $99.8 million) held by the address of prominent crypto investor "Big Brother Ma Ji" (Huang Licheng) are nearing liquidation, with a liquidation price of $2501.38.

As the market drops, Machi(@machibigbrother)'s 39,025 $ETH ($99.8M) long is close to liquidation, with a liquidation price of $2,501.38.

Oct 7 Update: #Bitcoin ETFs: 1D NetFlow: +1,268 $BTC(+$105.43M)?? 7D NetFlow: +1,714 $BTC(+$142.56M)?? #Ethereum ETFs: 1D NetFlow: -75,628 $ETH(-$193.41M)?? 7D NetFlow: -149,200 $ETH(-$381.56M)??

According to HTX market data, Bitcoin has fallen below $83,000, with a 4.02% decline over the past 24 hours.