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INITIA CHAIN HACK LETS ATTACKER INFINITE-MINT $INIT, $2.6M WITHDRAWN SO FAR
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Weekly Market Recap 10/25 📊

Not much to update but BTC still not showing much, no clear direction for me. I don’t wanna overtrade when I’m not certain where the market wants to go so it’s boring but gotta stay patient here imo.

As far as the HTF charts go, the monthly definitely the best looking one now, I don’t really like the weekly looks like it’s going to roll over now, we’d basically want a higher low to form there so any consolidation (as long as we stay above $75K) is good. The slow months suck but are necessary for the good and big moves to form.

Let’s see what this week brings 🤝️️️️️️
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ANTHROPIC PUBLICLY FILES S-1 FOR IPO
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GM!

Nothing relevant on the charts to update, although we do have FOMC today. There is a 91% chance of rates being the same, so there shouldn’t be any surprises later. The presser is always more important anways, will see what Warsh says regarding future rate decisions.

Per usual:
Rates at 2PM EST
Presser at 2:30PM EST
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FED LEAVES RATES UNCHANGED AT 3.75-4%
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Gm, Insane $HYPE news overnight, hope some of you caught that…

https://x.com/tradexyz/status/2115755854125478285?a=png4hqb-KgjQn_5sM64&s=46
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Wow, Hype to $100 soon
POLYMARKET USERS REPORT THAT FRONTEND MAY BE COMPROMISED, AND ASSETS ARE BEING WITHDRAWN WITHOUT PERMISSION
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Keep notifs on for CZ if he tweets or clears up the FUD
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For reference Bybit hack was like ~1.5b back in Feb, so this is almost twice as big
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And ofc XMR up on any hack/hack fud. Good pair trade during any hack news =
short any alt/long XMR
TETHER FREEZES $971M USDT IN LIKELY BINANCE HACK, WITH NO UPDATE FROM BINANCE STILL
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Even though we didn’t nuke, shaky market still with a lot of shit happening today. On the brightside, biggest CEX Binance gets hacked for $5B+ and BTC -3% only. Don’t think just because CZ posts “funds safu” bottom is in etc, not worth the risk & uncertainty to get back in today.

Exploiter still doing stuff on one of their hot wallets still. ENA & PEPE were the two I saw that he has that can not be frozen so he was also dumping those.

Stay safe.
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