Tap the live $BTC and $ETH widgets below to analyze open positions.
đ Macro Parameters
The FOMC announces its rate decision today, Oct 28, at 2:00 PM ET, followed by Chair Kevin Warsh's press conference at 2:30 PM ET; no dot plot is scheduled. The current target range is 3.75% to 4.00% after the Sept 16 hike of 25 bp, with CME FedWatch pricing about a 90% probability of a hold.
Brent traded at about $110 and WTI at about $102 per barrel on Oct 26, down from about $117 and $103, respectively, on Oct 24. Traders are watching Warsh's tone for signals on a possible December move.
đ Market Structure
$BTC trades near $80,400 as of around 12:45 PM ET, holding above $80,000 after dipping to about $79,300 earlier this week. Support stands at $80,000 and resistance at $81,500 to $82,000, while a loss of $79,000 could expose deeper downside.
$ETH trades near $2,328, below about $2,363 at 7 AM ET, with resistance at $2,377 and the daily 200 EMA near $2,307 as the support traders are watching. Total crypto market cap is about $2.8 trillion, and the Crypto Fear and Greed Index is 48 (neutral).
đ§ Allocation Framework
Bitcoin spot ETFs took in about $110.3 million on Monday and about $176 million on Tuesday, following about $773.5 million in outflows last Thursday and Friday. Ethereum spot ETFs lost about $88.6 million on Monday.
Traders are positioning ahead of the FOMC decision and Warsh's press conference, with policy guidance and ETF flows remaining key market considerations.
ââââââââââââââ
đŹ Risk-on or risk-off?
#BTC #ETH #crypto #BinanceSquare
đ Macro Parameters
The FOMC announces its rate decision today, Oct 28, at 2:00 PM ET, followed by Chair Kevin Warsh's press conference at 2:30 PM ET; no dot plot is scheduled. The current target range is 3.75% to 4.00% after the Sept 16 hike of 25 bp, with CME FedWatch pricing about a 90% probability of a hold.
Brent traded at about $110 and WTI at about $102 per barrel on Oct 26, down from about $117 and $103, respectively, on Oct 24. Traders are watching Warsh's tone for signals on a possible December move.
đ Market Structure
$BTC trades near $80,400 as of around 12:45 PM ET, holding above $80,000 after dipping to about $79,300 earlier this week. Support stands at $80,000 and resistance at $81,500 to $82,000, while a loss of $79,000 could expose deeper downside.
$ETH trades near $2,328, below about $2,363 at 7 AM ET, with resistance at $2,377 and the daily 200 EMA near $2,307 as the support traders are watching. Total crypto market cap is about $2.8 trillion, and the Crypto Fear and Greed Index is 48 (neutral).
đ§ Allocation Framework
Bitcoin spot ETFs took in about $110.3 million on Monday and about $176 million on Tuesday, following about $773.5 million in outflows last Thursday and Friday. Ethereum spot ETFs lost about $88.6 million on Monday.
Traders are positioning ahead of the FOMC decision and Warsh's press conference, with policy guidance and ETF flows remaining key market considerations.
ââââââââââââââ
đŹ Risk-on or risk-off?
#BTC #ETH #crypto #BinanceSquare
