The market today in 5 lines — and one meaning that ties it all together.
• BTC briefly swept down to $75,696 this morning, then rebounded to around $78,300 tonight.
• Eurozone October inflation: 4.0% y/y (Eurostat via Reuters, Nov 4) — a three-year high, up from 3.8%.
• U.S. spot ETFs, Nov 3 session: BTC −$115.6 million (day 3), ETH −$85.3 million (day 7) — Farside Investors data.
• Circle Q3: adjusted EPS of 84 cents vs. expectations of 37 cents, but reserve income fell 8%.
• Tonight’s agenda: U.S. ISM Services at 22:00 WIB (expected 54.8 vs. 54.9 previously); U.S. jobs report on Friday.
My take: this is a day of price recovery, not a reversal in flows. ETF outflows are slowing but haven’t stopped, European inflation keeps the ECB on a tight path, and two U.S. data releases are still ahead — the market is holding its breath, not stepping on the gas.
Of these five figures, which one do you think will most determine tomorrow’s direction?
This is my analysis, not financial advice — always DYOR.
#PasarHariIni #RekapPasar $BTC $ETH
• BTC briefly swept down to $75,696 this morning, then rebounded to around $78,300 tonight.
• Eurozone October inflation: 4.0% y/y (Eurostat via Reuters, Nov 4) — a three-year high, up from 3.8%.
• U.S. spot ETFs, Nov 3 session: BTC −$115.6 million (day 3), ETH −$85.3 million (day 7) — Farside Investors data.
• Circle Q3: adjusted EPS of 84 cents vs. expectations of 37 cents, but reserve income fell 8%.
• Tonight’s agenda: U.S. ISM Services at 22:00 WIB (expected 54.8 vs. 54.9 previously); U.S. jobs report on Friday.
My take: this is a day of price recovery, not a reversal in flows. ETF outflows are slowing but haven’t stopped, European inflation keeps the ECB on a tight path, and two U.S. data releases are still ahead — the market is holding its breath, not stepping on the gas.
Of these five figures, which one do you think will most determine tomorrow’s direction?
This is my analysis, not financial advice — always DYOR.
#PasarHariIni #RekapPasar $BTC $ETH