The total crypto market cap rose 1.1% to $2.99 trillion, with small-cap tokens surging sharply and the Fear & Greed Index at 72. That is in the "greed" zone, which often means sentiment is running ahead of the market. (coingabbar)
Bitcoin is above its daily EMA20, EMA50 and EMA200, so the uptrend is intact, but the MACD histogram has turned negative, showing cooling momentum. Resistance sits at $85,669, with $88,806 as the next target. (cryptonomist) (cryptonomist)
The Altcoin Season Index is 61/100, up from 23 a month ago, but below the 75 level that usually confirms a full altseason. Some alts are pumping fast while many are not. (coingabbar)
Warnings on the coins from earlier
$NEAR: NEAR Intents was hit by a $3.8 million exploit. That is a risk flag even though the price is up. (CoinDesk)
$STX and NIGHT: both already ran about 30%, so a pullback is a real risk.
$ENA, $FET: gains are smaller (about 10-12%), so they are less stretched, but still only a 24-hour move.
If you still want to trade
Watch whether $BTC breaks above $85.7K or gets rejected there. Alts usually follow $BTC's direction.
Use only money you can afford to lose. With about $0.40 margin, Binance may reject the order anyway.
Always set a stop loss and avoid high leverage.
#EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #AnthropicTargetsIPOAsSoonAsMidNovember #SECProposesCryptoCustodyFramework
Bitcoin is above its daily EMA20, EMA50 and EMA200, so the uptrend is intact, but the MACD histogram has turned negative, showing cooling momentum. Resistance sits at $85,669, with $88,806 as the next target. (cryptonomist) (cryptonomist)
The Altcoin Season Index is 61/100, up from 23 a month ago, but below the 75 level that usually confirms a full altseason. Some alts are pumping fast while many are not. (coingabbar)
Warnings on the coins from earlier
$NEAR: NEAR Intents was hit by a $3.8 million exploit. That is a risk flag even though the price is up. (CoinDesk)
$STX and NIGHT: both already ran about 30%, so a pullback is a real risk.
$ENA, $FET: gains are smaller (about 10-12%), so they are less stretched, but still only a 24-hour move.
If you still want to trade
Watch whether $BTC breaks above $85.7K or gets rejected there. Alts usually follow $BTC's direction.
Use only money you can afford to lose. With about $0.40 margin, Binance may reject the order anyway.
Always set a stop loss and avoid high leverage.
#EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #AnthropicTargetsIPOAsSoonAsMidNovember #SECProposesCryptoCustodyFramework