【Evening Market Recap 10/22】 Today's data: U.S. initial jobless claims came in at 194,000, below expectations of 200,000 (previous: 199,000), falling to a three-month low and nearing the lowest level in 57 years. The labor market remains strong, cooling expectations for rate cuts. Oil prices surged during the day, with Brent briefly breaking above $112 (following an attack on Saudi energy facilities and heightened U.S.-Iran tensions); Dow futures were down around 0.6% before the U.S. market opened, while tech stocks were weak in pre-market trading.
BTC $81,739; levels to watch above: $82,500/$84,840, below: $80,000/$78,000; ETH $2,401; levels to watch above: $2,434/$2,524, below: $2,375/$2,300. Crypto pulled back during the day along with risk appetite, with BTC retreating about 3.7% from its $84,840 high.
Tomorrow's focus: Friday, 21:45 S&P Global Flash PMI; 22:00 University of Michigan final consumer sentiment reading; next Tuesday's FOMC decision (10/27–28). Data reflects Coinbase spot prices, for reference only and not investment advice.
Short timeframes follow sentiment, while longer timeframes follow trends. This news mainly affects the shorter timeframes. Take this news, for example: Zipcoin announced it was suspending operations after its codebase and private keys were fully leaked, and plans to liquidate its remaining tokens. The first big candle after a news event often sets the short-term sentiment, so it’s worth taking a closer look. $ETH , 24h -3.53%.
$PEPE broke below the 0.0₅45 level. After the breakdown, watch the next support below: the 24h low at 0.0₅446. If the rebound fails to reclaim 0.0₅45, the weak structure will continue.
【10-22 Morning Session】Overnight Highlights: Tesla Q3: Revenue of $28.05 billion, adjusted EPS of $0.48, and deliveries of 486,532 vehicles all beat expectations; however, operating profit was cut in half year over year, falling 56% to $718 million. Shares rose about 1.3% after hours. Meta Q3: Revenue of $64.6 billion (+26%, above expectations), including $63.1 billion in ad revenue. A $9.9 billion state settlement expense weighed on results; GAAP EPS was $3.83, or $7.40 excluding the expense. Shares rose about 3% after hours. IBM Q3: Revenue of $17.1 billion (+5%, above expectations), with software business up 8%. Shares rose about 4.5% after hours. BTC rose overnight, reaching a 24-hour high of $84,856 and nearing the $85,000 mark. Spot Bitcoin ETFs saw net inflows of $527 million on Monday, their largest daily inflow in nearly a month.
BTC $84,172; levels to watch above: $85,000 / $87,000; below: $82,500 / $80,000; ETH $2,474; levels to watch above: $2,524 (24-hour high) / $2,600; below: $2,434 / $2,375.
On today's calendar: U.S. initial jobless claims at 20:30 tonight; S&P Flash PMI at 21:45 Friday, followed by the final University of Michigan consumer sentiment reading at 22:00; FOMC rate decision next Tuesday, with markets expecting no change. Data reflects Coinbase spot prices and is for reference only, not investment advice.
Just a quick thought: I check the Fear and Greed Index every day. Today it’s 68 (Greed), up 5 from yesterday. The index is neither hot nor cold, so I’ll stick to my plan and not overthink it. $BTC What do you all think?
Market-watching while slacking off: surged 10.92% in $DOOD 5 minutes. It shot up so much I didn't even dare get a drink, afraid I'd miss another chunk in the blink of an eye. It's pretty volatile, so manage your position carefully.
$AGT has hit a new 24-hour low, currently at 0.0429. It has also fallen below the previous low of 0.05448. I thought that was the bottom, but it turns out it was just a bend in the stairs. Send this to that friend who always says, “This time is different.”
Overnight highlights: - BTC surged to $83,300 overnight (met resistance at the 21-day moving average, ~$83,230) before pulling back, holding near $82,000; $125 million in short positions were liquidated between 10 and 11 a.m. ET, while futures open interest reached $53.86 billion, its highest level since 10/8 - In its annual Long-Term Capital Market Assumptions report, JPMorgan Asset Management provided a bitcoin return forecast for the first time: a base case of 10% per year (over 10–15 years), 17% in a bull market, and -9.7% in a bear market; its expected returns for U.S. large-cap stocks, gold, and U.S. Treasuries were 7.5%, 5.5%, and 5.6%, respectively. However, its volatility assumption was 55% (versus 18% for U.S. stocks), and the report explicitly advised against including bitcoin in portfolio allocations - NFLX Q3: EPS of $0.87 beat expectations ($0.82 expected); revenue of $12.87B was up 11.8% year over year and in line with expectations, with an operating margin of 34.6%. However, Q4 guidance was weak (EPS guidance of $0.67 vs. $0.73 expected, and ad revenue guidance lowered to $2.7B); shares fell about 5% after hours - U.S. stocks closed: Dow +1.02%, S&P 500 +0.28%, Nasdaq -0.02%, VIX -6.13%; AI-related stocks rebounded (Workday +4.5%, Adobe +3.9%); WTI briefly fell nearly 5% on rumors of a ceasefire with Iran, then recovered some losses to around $97.6 - ETH traded between $2,374 and $2,472 overnight, with about $32.72 million in short positions fully liquidated
BTC $82,800, resistance reference at $83,300 (overnight high/21-day moving average), support references at $81,570 (50-day moving average) / $80,000 ETH $2,445.86, resistance reference at $2,470 (near the overnight high), support reference at $2,375 (near the overnight low)
Today's watchlist: No major U.S. economic data today; Tesla, Meta, and IBM Q3 earnings after the U.S. market close (tomorrow morning Beijing time); EIA crude oil inventories at 22:30 tonight Data is based on Coinbase spot prices, for reference only and does not constitute a buy or sell recommendation
$BTC 83137.07 Flash: An exchange's daily options report: BTC open interest notional of $31.829 billion (down 0.1%), DVOL 37.0, ETH open interest notional… Does this affect you?
Evening recap: U.S. housing starts fell 5.2% month over month in September to an annualized rate of 1.22 million units (vs. 1.31 million expected), a four-month low. Single-family starts fell 4.6% to 859,000, the lowest in a year; single-family permits fell 4.0% to 845,000. The 30-year mortgage rate hit a nearly three-year high of 7.40%, builder confidence sank to a 14-year low, and the housing sector continued to weigh on the economy.
On tomorrow’s watchlist: NFLX earnings after the U.S. market close (due early tomorrow morning Beijing time); Tesla, Meta, and IBM Q3 earnings after Wednesday’s close; initial jobless claims Thursday at 20:30.
Prices are Coinbase spot prices, for reference only and not investment advice.
$JCT leads the 24-hour contract gainers list: +123.89% The rankings are as follows: 1. $JCT +123.89% 2. $BR +32.20% 3. $APR +30.00% 4. M +18.72% 5. DOOD +15.15% Technically speaking, when a leading asset becomes excessively stretched, a pullback often follows. True strength is reflected in a pullback on declining volume, followed by a renewed rise. Where do you see the key level?
Crypto trivia 📚 Airdropped tokens from unknown sources Many scam tokens include a website name or phrases like “Claim your reward” in their token names to lure people into visiting phishing sites. If you follow the instructions in a token’s name and connect your wallet to that site, the authorization they ask you to sign is often aimed at other assets in your wallet. Understanding this won’t make me money right away, but it can help me avoid a few basic mistakes. Token mentioned: $ETH quoted at 2384.36 (24h -2.28%).
🔔 Most-discussed coins in the community No.1 $BTC No.2 $JUP No.3 $ETH No.4 BTW No.5 MSTRB $BTC is getting the most buzz. Attention is a leading indicator; real money is the real test.
📌 Machi Big Brother is still down $424,000 after receiving the PAPER airdrop $ETH , down 1.29% on the day. Historically, reactions to similar news haven't always been the same, so don't assume the past will repeat itself. Pick a side in the comments: bullish, type 1; bearish, type 2.
Fear and Greed Index: 55 (Greed). Sentiment is cooling. Big money often moves against sentiment: when sentiment isn't extreme, major investors are usually watching and waiting for a clear direction. $BTC — keep a close eye on it. When sentiment is extreme, that's when independent thinking matters most. What do you think? See you in the comments.
Today’s data: The National Bureau of Statistics announced at 10:00 this morning: GDP grew 4.6% year over year in the first three quarters, and 4.5% in Q3 (Q1 +5.0%, Q2 +4.3%), with quarter-over-quarter growth of 1.2%. U.S. federal data releases are suspended. The NAHB Housing Market Index is due tonight at 22:00 (forecast: 31; previous: 32).
Key points for the day: U.S. stocks rebounded on Monday, with the S&P 500 closing up about 0.5% at 7,703 points. AI-related stocks (including CoreWeave) bounced and stabilized. Brent fell back to around $107, and the 10-year U.S. Treasury yield was 5.09%.
Looking ahead to tomorrow: Netflix (NFLX) Q3 earnings after U.S. markets close on Tuesday; GE Aviation earnings before the market opens; housing starts / building permits at 20:30 (may not be released during the shutdown).
Data reflects Coinbase spot prices and is for reference only; it does not constitute investment advice.
📈 $ARB hit a new 24-hour high of 0.1928, surpassing the previous high of 0.1905. It’s moving—this push has some strength. The biggest risk during a rally is going all in and chasing the highs.