Flash31 Oct 2026 15:17PANews

Ansem on Bitcoin Short-Term Trading: Failure to Follow Expected Price Action Over Extended Period May Signal an Exit

Prominent trader Ansem stated in a post that time is an often-underestimated risk management factor in short-cycle trading. When he enters a position anticipating rapid price movement, he expects the market to move in the intended direction within a relatively short timeframe. If Bitcoin lingers near the entry price for an extended period and fails to develop in line with the expected trajectory, he will reassess the underlying trade logic. Ansem added that the advantage of short-cycle trading lies in the ability to identify much earlier whether a trade is performing as intended. As such, he sometimes exits a position early due to prolonged unfulfilled expected price action, even before the stop-loss level is triggered. Both price and time are critical considerations when evaluating whether an existing position remains worth holding.

BTC

More flash news

View all

16:28

Bitdeer Maintains Zero Bitcoin Holdings, Sells 265.5 BTC This Week

Bitdeer released its weekly Bitcoin update on the X platform, stating that as of October 30, its Bitcoin production for this week reached 265.5 units, all of which have been sold, resulting in a net increase of 0 BTC. The company currently holds 0 Bitcoin, excluding customer deposits.

BTC

15:30

U.S. XRP and ZEC Spot ETFs Record Combined Single-Day Net Outflow of $5.0679 Million

On October 30 (Eastern Time), the U.S. XRP spot ETF posted a single-day net outflow of $496,500, while the U.S. ZEC spot ETF recorded a single-day net outflow of $4.5714 million, bringing their combined net outflow to $5.0679 million. For XRP-related products, Canary XRP ETF (XRPC) saw a single-day net inflow of $922,000, with a total historical net inflow reaching $485 million; Grayscale XRP Trust ETF (GXRP) recorded a single-day net outflow of $725,000, with a total historical net inflow of $145 million.

XRP ZEC

15:29

Bitcoin spot ETFs recorded a net outflow of $643 million yesterday, with BlackRock's IBIT leading at a net outflow of $234 million

Bitcoin spot ETFs posted a total net outflow of $643 million yesterday (October 30, Eastern Time). The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's IBIT, which recorded a single-day net outflow of $234 million, bringing IBIT's total historical net inflow to $66.311 billion to date. The second-largest single-day net outflow was posted by Fidelity's FBTC, which recorded a single-day net outflow of $201 million, bringing FBTC's total historical net inflow to $10.172 billion to date.

BTC

15:14

Privacy Public Chain Iron Fish Officially Shuts Down Network Due to Severe Inflation Vulnerability

Privacy public chain Iron Fish has announced the termination of all network supportThe official Iron Fish statement confirms that all remaining operational support for its mainnet will be discontinued later on the day of the announcement, after the team detected anomalous activity involving wIRON and the ChainPort cross-chain bridge.Following joint investigation with cross-chain bridge service provider ChainPort, the root cause of the anomaly was identified as an inflation vulnerability inherent to the Iron Fish blockchain itself. This vulnerability can be traced back to a code commit for the Merkle tree implementation during the project's development phase in early 2019.Due to a minor deviation in the calculation logic of the "note nullifier" — the mechanism designed to verify user asset ownership — in the standard Merkle tree implemented by developers at that time, attackers were able to reuse the same asset note for multiple spends, directly triggering an inflation-type security risk.This network shutdown is an extreme risk mitigation measure adopted by the project team in response to a high-severity native vulnerability, implemented to prevent further exploitation of the flaw that would cause greater asset losses for users.