10 Oct 9, $BTC Comprehensive Market Analysis
💫 News:
The 10-year U.S. Treasury yield is around 5.3%; real rates are relatively high, which is not friendly to assets without cash flows.
Brent crude is around 105.60 USD per barrel, up about 5.4% on the day. The backdrop is attacks on tankers and disruptions to shipping through the Strait of Hormuz. Inflation expectations have been reignited, and the market has once again placed the “more rate hikes” trade.
In the past 24 hours, BTC liquidations totaled about 167 million USD, with longs accounting for roughly 94%.
💫 Flows:
Bitcoin ETFs saw net outflows of about 485–487 million USD, the largest single-day redemptions since the outflow of about 692 million USD on June 25.
Ethereum spot ETFs had outflows of about 161 million USD on the same day, marking the seventh consecutive trading day of net outflows.
💫 Technicals:
Since September 24, I’ve been reminding everyone: as long as the 86,700 level doesn’t hold, it will move lower. Yesterday’s rapid pullback followed our expectation perfectly. Right now, this level is undergoing wide-range consolidation—roughly the 81,000 to 87,000 range. This current position is extremely critical. If the 81,000 level is not broken through, price will continue to oscillate within the wide range. If 81,000 is broken through, downside space will open up, and price may trade within the 78,000 to 75,000 range.
Intraday, watch whether the 83,000 level can break through and hold. If it can, then the trend for this move remains upward. If it cannot hold, be alert to the risk of a further downside breakdown.
Spot—be patient and wait for my signal.
$BTC
💫 News:
The 10-year U.S. Treasury yield is around 5.3%; real rates are relatively high, which is not friendly to assets without cash flows.
Brent crude is around 105.60 USD per barrel, up about 5.4% on the day. The backdrop is attacks on tankers and disruptions to shipping through the Strait of Hormuz. Inflation expectations have been reignited, and the market has once again placed the “more rate hikes” trade.
In the past 24 hours, BTC liquidations totaled about 167 million USD, with longs accounting for roughly 94%.
💫 Flows:
Bitcoin ETFs saw net outflows of about 485–487 million USD, the largest single-day redemptions since the outflow of about 692 million USD on June 25.
Ethereum spot ETFs had outflows of about 161 million USD on the same day, marking the seventh consecutive trading day of net outflows.
💫 Technicals:
Since September 24, I’ve been reminding everyone: as long as the 86,700 level doesn’t hold, it will move lower. Yesterday’s rapid pullback followed our expectation perfectly. Right now, this level is undergoing wide-range consolidation—roughly the 81,000 to 87,000 range. This current position is extremely critical. If the 81,000 level is not broken through, price will continue to oscillate within the wide range. If 81,000 is broken through, downside space will open up, and price may trade within the 78,000 to 75,000 range.
Intraday, watch whether the 83,000 level can break through and hold. If it can, then the trend for this move remains upward. If it cannot hold, be alert to the risk of a further downside breakdown.
Spot—be patient and wait for my signal.
$BTC