October 12th Market Dynamics BTC plunged from 120,000 to around 100,000, then rebounded to 110,000 before continuing its downward trend. Except for the weekly K-line chart, all other chart levels are bearish. We'll wait until the weekday to see if a reversal pattern emerges at the smaller levels. The larger charts will yield results within two weeks. 2. ETH has directly broken through the bottom lines of nearly all data asset managers. It seems they've all started to buy the dip. We'll continue to wait for the weekday. 3. Trump announced a 130% tariff increase on China starting in November. 4. Solana hit a record high of 100,000 TPS during a liquidation event. 5. The market crash triggered $19.1 billion in liquidations, a new all-time high. 6. Tether and Circle issued $1.75 billion in new stablecoins. 7. Bitcoin mining company Cango's holdings exceed 6,000 BTC. 8. Solana DEX trading volume exceeds $8 billion, with Orca leading the way. #USTariffs