đ» $BTC just printed an 11-week low. Here's what traders are asking this weekend đ
Q: Why is everything red?
A: Thursday's AI-stock rout spilled into crypto. The Nasdaq dropped ~5.5%, its worst session in 19 months. Liquidations topped $1B in 24h, and roughly 88% of that was longs. A hotter-than-expected October jobs report also has some traders pricing in a December Fed hike. Fear & Greed sits at 28.
Q: Where would a $BTC grid sit?
A: $BTC dipped to ~$74,780 on Friday (lowest since Aug 21) and is hovering near $75.8K. Floor: $74.8Kâ$75K, then $72.5Kâ$73K. Ceiling: the 200-day EMA around $76.5K, then ~$77.9K. Grid idea: $74,800â$77,900 with tight spacing. If we get a daily close under $74.8K, pause the bot and let it breathe.
Q: What are the ETFs doing?
A: Spot BTC ETFs lost $430M on Nov 5 alone, and about $870M over the first four sessions of November.
Q: How's Binance holding up after the hack?
A: Better than many expected. Binance says ~95% of affected assets have already been replaced from SAFU and its own funds, CEO Richard Teng pledged to cover every dollar, and phased withdrawals restarted Nov 1. Tracked assets climbed ~$3.4B within two days of the restart, almost erasing the initial outflows (part of that may be Binance's own replenishment buying). This is exactly what an emergency fund like SAFU is built for. đ
Q: Anything green?
A: $PEPE, up ~8% on a meme rotation near $0.0000051. The rest: $ETH ~$2,232 · $SOL ~$90.6 · $XRP ~$1.20 · $ADA ~$0.188.
Does $75K survive the weekend? YES or NO? đ
#BinanceSquare #CryptoNews #BTC #GridTrading #SAFU #ETFFlows #PEPE #MarketUpdate
Q: Why is everything red?
A: Thursday's AI-stock rout spilled into crypto. The Nasdaq dropped ~5.5%, its worst session in 19 months. Liquidations topped $1B in 24h, and roughly 88% of that was longs. A hotter-than-expected October jobs report also has some traders pricing in a December Fed hike. Fear & Greed sits at 28.
Q: Where would a $BTC grid sit?
A: $BTC dipped to ~$74,780 on Friday (lowest since Aug 21) and is hovering near $75.8K. Floor: $74.8Kâ$75K, then $72.5Kâ$73K. Ceiling: the 200-day EMA around $76.5K, then ~$77.9K. Grid idea: $74,800â$77,900 with tight spacing. If we get a daily close under $74.8K, pause the bot and let it breathe.
Q: What are the ETFs doing?
A: Spot BTC ETFs lost $430M on Nov 5 alone, and about $870M over the first four sessions of November.
Q: How's Binance holding up after the hack?
A: Better than many expected. Binance says ~95% of affected assets have already been replaced from SAFU and its own funds, CEO Richard Teng pledged to cover every dollar, and phased withdrawals restarted Nov 1. Tracked assets climbed ~$3.4B within two days of the restart, almost erasing the initial outflows (part of that may be Binance's own replenishment buying). This is exactly what an emergency fund like SAFU is built for. đ
Q: Anything green?
A: $PEPE, up ~8% on a meme rotation near $0.0000051. The rest: $ETH ~$2,232 · $SOL ~$90.6 · $XRP ~$1.20 · $ADA ~$0.188.
Does $75K survive the weekend? YES or NO? đ
#BinanceSquare #CryptoNews #BTC #GridTrading #SAFU #ETFFlows #PEPE #MarketUpdate