MARKET UPDATE ⚠️

$BTC is trading around $74.1K after dropping to a 12-week low near $73.5K.

More than $1B worth of leveraged positions have been liquidated.

Important levels:

Support: $73.5K–$74k

Level to reclaim: $75k

Meanwhile, $ETH has fallen roughly 5%, now near $2,118 after dipping to $2,060. ETH ETFs have also seen outflows for six straight weeks.

What's coming up? 👀

Tuesday: October CPl

Friday: PPI

AI cloud earnings throughout the week.

Expect continued volatility. Manage your risk carefully and keep an eye on these levels. 🎯