🚨 The inflation the Fed is watching falls to 3%… and Bitcoin breaks 85,000 in minutes 👀
The data came in softer than expected; big money reacted instantly.
▪️ Bitcoin (~85,200): rose ~1,600 dollars in minutes and liquidated tens of millions in shorts. At the close of yesterday Tuesday, the ETFs added 66M (9 straight days, ~3,100M total). The odds of another rate hike in October dropped sharply.
▪️ Ethereum (~2,730): rises with the BTC bounce. At the close of yesterday Tuesday, ETH ETFs ended a 7-day streak of inflows with an outflow of ~2.8M. A large treasury already holds more than 6M ETH and locked up about 5M on the network: less supply ready to sell.
▪️ FET (~0.23): stays near 0.23 after days of profit-taking from three-month highs. Support to defend is around 0.22; if it breaks, the next floor looks at 0.21. To regain strength, it must reclaim 0.24.
▪️ HYPE (~87.8): consolidates below the listing’s near-98 record. Whales moved ~16M to exchanges, signaling possible selling, while a related treasury continues to accumulate. If it loses 86, the correction could deepen.
▪️ AVAX (~11.3): Wall Street is wiring a bond fund of ~100.000M into infrastructure on Avalanche. It touched around 12 and is now digesting the move; 11 is the level to defend.
Less fear of rates; Bitcoin is looking back at 85K.
Do you buy the bounce or wait for month-end close? 👇
#Bitcoin #ETH #FET #HYPE #AVAX
The data came in softer than expected; big money reacted instantly.
▪️ Bitcoin (~85,200): rose ~1,600 dollars in minutes and liquidated tens of millions in shorts. At the close of yesterday Tuesday, the ETFs added 66M (9 straight days, ~3,100M total). The odds of another rate hike in October dropped sharply.
▪️ Ethereum (~2,730): rises with the BTC bounce. At the close of yesterday Tuesday, ETH ETFs ended a 7-day streak of inflows with an outflow of ~2.8M. A large treasury already holds more than 6M ETH and locked up about 5M on the network: less supply ready to sell.
▪️ FET (~0.23): stays near 0.23 after days of profit-taking from three-month highs. Support to defend is around 0.22; if it breaks, the next floor looks at 0.21. To regain strength, it must reclaim 0.24.
▪️ HYPE (~87.8): consolidates below the listing’s near-98 record. Whales moved ~16M to exchanges, signaling possible selling, while a related treasury continues to accumulate. If it loses 86, the correction could deepen.
▪️ AVAX (~11.3): Wall Street is wiring a bond fund of ~100.000M into infrastructure on Avalanche. It touched around 12 and is now digesting the move; 11 is the level to defend.
Less fear of rates; Bitcoin is looking back at 85K.
Do you buy the bounce or wait for month-end close? 👇
#Bitcoin #ETH #FET #HYPE #AVAX
