đš BTC JUST DUMPED 4.3% IN 24 HOURS â BUT THE MARKET STILL FEELS GREEDY.
Bitcoin fell to ~$82,855 today, with Ethereum (-5.9%), Solana (-4.9%) and XRP (-4.5%) sliding even harder.
Here's the catch:
đ This is Bitcoin's sharpest daily drop since it cracked below the $87K ceiling â the level that rejected price 3 times since September 23.
â ïž The Fear & Greed Index still reads 71 â GREED â an 8th straight day of greed while prices fall. Sentiment and price are diverging hard.
đ Positioning is thinning: ETF flows already flipped red earlier this week and exchange outflows keep rising.
Tonight's FOMC minutes (2pm ET) could be the volatility trigger. October hike odds just collapsed to 21.6% from 50.9% last week, and it is today's #1 trending topic on Square.
Thinner positioning + an event catalyst = bigger moves in both directions.
Is tonight's minutes release the dip-buyers' green light â or the start of a deeper flush? đ
Not financial advice â educational purposes only.
#FedMinutesFocusOnOctoberPause #Bitcoin #Ethereum #crypto
$BTC $ETH $SOL
Bitcoin fell to ~$82,855 today, with Ethereum (-5.9%), Solana (-4.9%) and XRP (-4.5%) sliding even harder.
Here's the catch:
đ This is Bitcoin's sharpest daily drop since it cracked below the $87K ceiling â the level that rejected price 3 times since September 23.
â ïž The Fear & Greed Index still reads 71 â GREED â an 8th straight day of greed while prices fall. Sentiment and price are diverging hard.
đ Positioning is thinning: ETF flows already flipped red earlier this week and exchange outflows keep rising.
Tonight's FOMC minutes (2pm ET) could be the volatility trigger. October hike odds just collapsed to 21.6% from 50.9% last week, and it is today's #1 trending topic on Square.
Thinner positioning + an event catalyst = bigger moves in both directions.
Is tonight's minutes release the dip-buyers' green light â or the start of a deeper flush? đ
Not financial advice â educational purposes only.
#FedMinutesFocusOnOctoberPause #Bitcoin #Ethereum #crypto
$BTC $ETH $SOL
