🚨 Bitcoin closes the quarter near 83,700… after touching 85,600 and shaking the market 👀
The morning rebound is being digested; big money is looking at the month-end close.
▪️ Bitcoin (~83.700): it reached ~85,600 and bounced back to ~83,700. In hours, liquidations totaled ~55M in shorts and ~27M in longs: it shook both sides. It closes the quarter with ~+40%, one of the best in years. The support to defend is around 80,000.
▪️ Ethereum (~2,680): it gave up more than Bitcoin during the digestion and is losing relative strength. Leverage in futures is cooling. If it doesn’t reclaim 2,700 strongly, support looks toward 2,630.
▪️ FET (~0.226): it falls with the market and consolidates near 0.225. The support to defend remains at 0.22; if it breaks, the next floor looks to 0.21. To regain momentum, it needs to break above 0.24.
▪️ HYPE (~90): it’s up ~5% while Bitcoin digests. The team releases ~3.75M of HYPE (~320M) for October… but all of it goes to an institutional via private sale, outside the open market. Less immediate pressure; the risk is if that buyer sells after October 7.
▪️ AVAX (~10.9): digesting the institutional rise: it touched around 12 and is now around 10.9 with profit-taking. The Wall Street narrative continues, but it must defend ~10.5 to avoid giving back the rebound.
Quarter close: Bitcoin is digesting; HYPE is surprising to the upside.
Are you buying the digestion or waiting for the start of October? 👇
#Bitcoin #ETH #FET #HYPE #AVAX
The morning rebound is being digested; big money is looking at the month-end close.
▪️ Bitcoin (~83.700): it reached ~85,600 and bounced back to ~83,700. In hours, liquidations totaled ~55M in shorts and ~27M in longs: it shook both sides. It closes the quarter with ~+40%, one of the best in years. The support to defend is around 80,000.
▪️ Ethereum (~2,680): it gave up more than Bitcoin during the digestion and is losing relative strength. Leverage in futures is cooling. If it doesn’t reclaim 2,700 strongly, support looks toward 2,630.
▪️ FET (~0.226): it falls with the market and consolidates near 0.225. The support to defend remains at 0.22; if it breaks, the next floor looks to 0.21. To regain momentum, it needs to break above 0.24.
▪️ HYPE (~90): it’s up ~5% while Bitcoin digests. The team releases ~3.75M of HYPE (~320M) for October… but all of it goes to an institutional via private sale, outside the open market. Less immediate pressure; the risk is if that buyer sells after October 7.
▪️ AVAX (~10.9): digesting the institutional rise: it touched around 12 and is now around 10.9 with profit-taking. The Wall Street narrative continues, but it must defend ~10.5 to avoid giving back the rebound.
Quarter close: Bitcoin is digesting; HYPE is surprising to the upside.
Are you buying the digestion or waiting for the start of October? 👇
#Bitcoin #ETH #FET #HYPE #AVAX
