$BTC : $80,955 (-3.6%) | ETH: $2,358 (-6.5%) | Liquidations: $951M
Why Market Dumped?
US September CPI came HOT:
CPI: 3.7% vs 3.6% expected 🔥
Core CPI: 2.6% vs 2.5% expected
Gasoline prices +9.1% - biggest contributor.
Result? Fed rate HIKE odds jumped to 53%. Risk assets crashed.
ETF PANIC:
· BTC ETFs: -$261.4M outflow (FBTC -$152M, IBIT -$110M)
· ETH ETFs: -$129.5M outflow
· Total: -$390M in 1 day
· 7 days straight outflows!
But smart money is watching $80K level.
Key Levels to Watch:
$BTC :
Support: $80,000 (Held 3 times this week)
Resistance: $84,025
If $80K breaks -> $77,900
If $84K breaks -> $90K upside possibl
$ETH :
Support: $2,350
ETH/BTC at 0.0292 - weakest in months
Dominance: BTC 57.2% = Altcoins bleeding more.
What I'm Doing:
This is FEAR, not the end. Gold is up, yields are falling now. Fed hike odds already dropped from 53% to 29% again.
I am DCAing BTC at $80K-$81K with tight stop $79,500. No leverage. Holding 30% USDT for emergency.
CPI was boosted by Gas only. Next month Gas cools = BTC to $84K.
Are you buying this dip or waiting for $78K?
#BTC #bitcoin #Ethereum #CPIWatch #cryptocrash #BinanceSquare #BitcoinETF #CryptoNews #Write2Earn #BTCUSDT
