BTC is trading inside $82.5K–$87.2K, sweeping liquidity on both sides. This chop could last until month-end, with brief moves outside the range. Why then? The late-October Fed decision and U.S. elections in early November could trigger the next major move.
The election outcome could shift expectations across stocks and crypto. Trump has also tied his $5K payment pledge to Republicans retaining Congress, adding another factor to watch.
This isn’t a forecast, just a thought on the next potential catalyst. A rally or a sharp correction could follow. Recent months have shown how irrational markets can be, so anything remains possible, even a sudden flush toward $70K tomorrow #btcnews $BTC
🇺🇸 "The CFTC is doing its part to deliver clear rules of the road for crypto asset markets with its advanced notice of proposed rulemaking on Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets," says Chairman Mike Selig.
Ethereum Price Analysis: ETH Holds Bullish Structure, but $2.8K Remains the Key Hurdle
• Ethereum is currently consolidating around $2.7K, facing resistance in the $2.68K–$2.77K zone, with buyers maintaining a bullish structure despite recent rejections. • A decisive close above $2.77K could lead to a rally towards the $2.9K–$3K resistance zone, while a drop below $2.64K may trigger a deeper correction towards $2.36K–$2.42K. • The liquidation heatmap indicates significant clusters above $2.78K and below $2.61K, suggesting that the next confirmed breakout direction will influence market dynamics and potential price movements. #EthereumNews #ETH $ETH