This morning, the market traded sideways; the 42% breadth of green coins suggests a hesitant sentiment. BTC is around $83,549, up slightly by 0.10%, while Ethereum is down 0.56% to $2,672. Bitcoin ETF inflows, despite having a remarkable week of net outflows of $2.39 billion (the highest in 2026), have since noticeably slowed, with only $31.07 million on September 28 and $33.2 million on September 29. The price of Bitcoin remains below the $85,000 level, close to the production cost estimate from JPMorgan, which could reduce selling pressure from miners.
Prominent altcoins like $MOVR surged 25.60%, with QNT following up at 21.66%, attracting a fairly strong inflow of capital. On the other hand, HBAR fell sharply by 16.19%, and NMR dropped 14.17%. Total volume across the top 100 reached $5.4 billion. Overnight macro news: the probability of the Fed raising rates in October decreased from 70.9% to 47% after remarks by the New York Fed Chair. Today, September 30, the market is paying attention to a $202 billion U.S. Treasury payment, which could affect overnight liquidity. 🤓
If anyone is watching accumulation levels, let me know so the community can reference it. 👇
#Write2Earn #RiskManagement #CryptoAnalysis
Prominent altcoins like $MOVR surged 25.60%, with QNT following up at 21.66%, attracting a fairly strong inflow of capital. On the other hand, HBAR fell sharply by 16.19%, and NMR dropped 14.17%. Total volume across the top 100 reached $5.4 billion. Overnight macro news: the probability of the Fed raising rates in October decreased from 70.9% to 47% after remarks by the New York Fed Chair. Today, September 30, the market is paying attention to a $202 billion U.S. Treasury payment, which could affect overnight liquidity. 🤓
If anyone is watching accumulation levels, let me know so the community can reference it. 👇
#Write2Earn #RiskManagement #CryptoAnalysis
