BTC Falls Below $81,000, Triggering Long Liquidations【MEXC Alpha Trader – Daily Market Brief (October 9, 2026)】

I. Macro and Market Sentiment

· Market data: BTC $81,921.00（-1.41%）｜ETH $2,480.71（-3.82%）｜SOL $109.38（-5.82%）

· Market sentiment: Funding rate +0.0045%｜Fear & Greed Index 59 (Greed)

· Rate path: A 25-basis-point hike in September brought rates to 3.75%—4.00%, while pricing implies around an 80% chance of a pause in October. Read more

II. Trading Signals / Highlights

· [Today's Focus] BTC｜Break Below $81,000 Triggers Deleveraging as Spot Buying Support Weakens

· As the market’s primary liquidity anchor, BTC fell below $81,000 intraday, triggering $639 million in long liquidations over 12 hours.

· Analysis: Net outflows from spot ETFs coincided with liquidations, indicating that the current volatility is being driven by both spot capital withdrawals and leveraged position closures.

· Read more: 1 2

· [Market Watch] ETH｜Marginal Institutional Buying Near Its Ceiling as ETF Redemptions Continue

· As a value carrier for RWA and L2 settlement layers, ETH spot ETFs have recorded net outflows for 7 consecutive trading days; BitMine holdings have reached 4.9% of circulating supply.

· Analysis: Sustained buying is nearing the 5% hard cap, and combined with ETF outflows, the marginal increase in ETH spot demand is facing reassessment.

· Read more: 1 2

· [On-Chain] SOL｜Equity Tokenization Goes Live, Expanding On-Chain Settlement Channels

· As a proxy for high-frequency on-chain activity throughput, Securitize has deployed 12 stocks on Solana, backed 1:1 by actual shares and settled in USDC.

· Analysis: Equity tokenization ties trading demand to stablecoin settlement, while actual liquidity depth will determine whether this channel can translate into on-chain financial activity.

· Read more: 1

III. Regulation and Major Events

· EU / ESMA｜Crypto firms are required to cease stablecoin services that do not comply with the MiCA framework and address existing exposure by January 8, 2027. Read more

IV. Platform-Exclusive Benefits

· Alpha Trader September Newcomer Campaign (Futures)

· Alpha Golden Autumn Benefits Campaign (Regional Campaign)

· National Line - Spanish/Portuguese + English - October Points Competition (Regional Campaign)

· Loss Subsidy Campaign (Round 4) (Futures)

━━━━━━━━━━━━━━━━━━━━━━

Recommended Reading: MEXC On-Chain Daily Report: Standard Chartered Singapore Plans to Expand Crypto, Stablecoin and RWA Custody Services

DISCLAIMER - AI-GENERATED CONTENTS

This report is generated by an artificial intelligence (AI) system that automatically collects and synthesizes information from third-party public sources. It is provided on an "AS IS" basis for informational purposes only. We do not warrant that the report is accurate, complete, or error-free. AI may misinterpret data or omit critical information. AI may also generate factually incorrect or fabricated content, including false citations or conclusions. Treat this as a machine-generated product ONLY. The report relies on external sources over which we have no control. We do not verify their accuracy, and they may contain errors or misinformation.

THIS REPORT DOES NOT CONSTITUTE FINANCIAL, INVESTMENT, LEGAL, OR TRADING ADVICE. Nothing herein recommends buying, selling, or holding any asset. All investments carry substantial risk, including loss of principal. Past performance does not guarantee future results. Consult licensed professionals before acting.

You are solely responsible for verifying all information and for all decisions made based on this report.