đ Market Pulse: 3 key news items of the day and where itâs heading $BTC Ń $ETH
1. Options expiration worth $15B: tomorrowâs settlement for quarterly contracts creates pressure near the âmaximum painâ point and compresses volatility.
2. SEC pause: the regulator pushed back the deadline for options on spot crypto ETFs to November 11, which slightly cooled speculative expectations.
3. Macro pressure: US bond yields above 5% and expectations of USâChina trade talks are restraining aggressive buying.
Scenario map of levels:
⢠Bullish scenario: holding $BTC above $84,000 and reclaiming $85,500 paves the way for a renewed push at $87,400.
⢠What would invalidate the thesis: losing support at $83,000 will negate local stabilization and send the market to $81,200.
⢠$ETH: consolidates in the $2,650â$2,680 zone; the key resistance to regain momentum is $2,720.
Are you expecting a strong impulse after options expiration wraps up this Friday?
$BTC $ETH $SOL
1. Options expiration worth $15B: tomorrowâs settlement for quarterly contracts creates pressure near the âmaximum painâ point and compresses volatility.
2. SEC pause: the regulator pushed back the deadline for options on spot crypto ETFs to November 11, which slightly cooled speculative expectations.
3. Macro pressure: US bond yields above 5% and expectations of USâChina trade talks are restraining aggressive buying.
Scenario map of levels:
⢠Bullish scenario: holding $BTC above $84,000 and reclaiming $85,500 paves the way for a renewed push at $87,400.
⢠What would invalidate the thesis: losing support at $83,000 will negate local stabilization and send the market to $81,200.
⢠$ETH: consolidates in the $2,650â$2,680 zone; the key resistance to regain momentum is $2,720.
Are you expecting a strong impulse after options expiration wraps up this Friday?
$BTC $ETH $SOL
