BTC weekly chart is above the 50-week MA; ETF saw nearly $1 billion in net inflows in a single day; short-squeezing plus exchange balances at a 7-year low. Bitcoin is currently in a bullish alignment.
ETH staking has locked up over 35%; a few big whales rotated from BTC into ETH.
September 30 at 20:30 (US PCE data); October 2 at 20:30 (Non-Farm Payrolls data). These two data releases could trigger a market turning point.
On the short-term horizon, expect range-bound movement: 82,000–89,000. Low to buy, high to short.
Bitcoin bullish plan: 85,000 and 83,000—enter long once price reaches these levels. If there’s a pullback to 80,000, you can add to the long; stop-loss at 78,000. Take profit near new highs or in the 89,000–90,000 area.
With a greed level of 76—this wave’s upside momentum will most likely push BTC to test 92,000–95,000, and ETH to test 3,000–3,200.
However, whether it’s the Fed’s interest rates or Bitcoin’s own cycle, neither currently supports a full-blown bull market. A choppy rebound phase will likely continue until late October, followed by a gradual pullback as the market looks for a bottom—or remains in a bearish-style range.
For specifics, you can参考 2019’s April–July market action—it’s similar to the current situation.
ETH staking has locked up over 35%; a few big whales rotated from BTC into ETH.
September 30 at 20:30 (US PCE data); October 2 at 20:30 (Non-Farm Payrolls data). These two data releases could trigger a market turning point.
On the short-term horizon, expect range-bound movement: 82,000–89,000. Low to buy, high to short.
Bitcoin bullish plan: 85,000 and 83,000—enter long once price reaches these levels. If there’s a pullback to 80,000, you can add to the long; stop-loss at 78,000. Take profit near new highs or in the 89,000–90,000 area.
With a greed level of 76—this wave’s upside momentum will most likely push BTC to test 92,000–95,000, and ETH to test 3,000–3,200.
However, whether it’s the Fed’s interest rates or Bitcoin’s own cycle, neither currently supports a full-blown bull market. A choppy rebound phase will likely continue until late October, followed by a gradual pullback as the market looks for a bottom—or remains in a bearish-style range.
For specifics, you can参考 2019’s April–July market action—it’s similar to the current situation.