$BTC is trapped in a $81.3k–$84.4k range until the Oct 28 Fed FOMC decision, Bitfinex analysts warn.
Spot $BTC ETFs pulled in $526.7M on Oct 19, but price still can’t crack the $84.3k average ETF cost basis.
Futures open interest jumped 4.2% to 645k $BTC, funding rates normalized, leveraged longs slowly rebuilding. October options hold $12.3B near expiry with $82k max pain, $112B monthly with $76k max pain.
On-chain, 145k $BTC moved to the $82.2k cost bracket, 62k left the $80.35k zone, supply migrating up. Short-term holder SOPR is 1.003, 70% of supply in profit.
#Write2Earn #BinanceSquare #BTC Futures #TradingTournament
Spot $BTC ETFs pulled in $526.7M on Oct 19, but price still can’t crack the $84.3k average ETF cost basis.
Futures open interest jumped 4.2% to 645k $BTC, funding rates normalized, leveraged longs slowly rebuilding. October options hold $12.3B near expiry with $82k max pain, $112B monthly with $76k max pain.
On-chain, 145k $BTC moved to the $82.2k cost bracket, 62k left the $80.35k zone, supply migrating up. Short-term holder SOPR is 1.003, 70% of supply in profit.
#Write2Earn #BinanceSquare #BTC Futures #TradingTournament