⚡ BTC parked at 85.5K (-0.46% in 24h). The whole market is pinned ahead of the FOMC minutes — out 18:00 UTC today (1am WIB Thu).
Overnight check:
• 113M in shorts liquidated over the weekend — bears got squeezed after BTC failed to break 87.5K.
• Strive just bought 2,000 BTC (~169M at ~84,422 avg) — biggest buy in 4 months, holdings now 29,462 BTC. Corporate bids haven't left.
• BTC spot ETFs went quiet: -3.2M net on Oct 6. ETH steady near 2,697.
• Fear & Greed: 71. Greed is back.
Trading take: last week longs were the exit liquidity, this weekend shorts were. The book is clean into the minutes — whichever way the tape breaks, it breaks fast. Hold 84.6K and 87.5K is still in play; lose it and CPI on Oct 14 is the next test.
$BTC $ETH
#FOMC #Bitcoin #Crypto
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BTC is parked at 85.5K (-0.46% in 24 hours). The whole market is waiting for the FOMC minutes — released at 18:00 UTC today (1am WIB Thursday).
Overnight recap:
• 113M in shorts were liquidated over the weekend — bears got squeezed after BTC failed to break 87.5K.
• Strive just bought 2,000 BTC (~169M at an average of ~84,422) — its biggest purchase in 4 months, with holdings now at 29,462 BTC. Corporate buyers haven't left.
• BTC spot ETFs were quiet: net outflows of 3.2M on Oct 6. ETH is holding steady near 2,697.
• Fear & Greed: 71. Greed is back.
Trading take: last week, longs were the exit liquidity; this weekend, it was shorts' turn. The order book is clean going into the minutes — whichever way the price breaks, it’ll move fast. Hold 84.6K and 87.5K is still in play; lose that level and CPI on Oct 14 is the next test.
Overnight check:
• 113M in shorts liquidated over the weekend — bears got squeezed after BTC failed to break 87.5K.
• Strive just bought 2,000 BTC (~169M at ~84,422 avg) — biggest buy in 4 months, holdings now 29,462 BTC. Corporate bids haven't left.
• BTC spot ETFs went quiet: -3.2M net on Oct 6. ETH steady near 2,697.
• Fear & Greed: 71. Greed is back.
Trading take: last week longs were the exit liquidity, this weekend shorts were. The book is clean into the minutes — whichever way the tape breaks, it breaks fast. Hold 84.6K and 87.5K is still in play; lose it and CPI on Oct 14 is the next test.
$BTC $ETH
#FOMC #Bitcoin #Crypto
---
BTC is parked at 85.5K (-0.46% in 24 hours). The whole market is waiting for the FOMC minutes — released at 18:00 UTC today (1am WIB Thursday).
Overnight recap:
• 113M in shorts were liquidated over the weekend — bears got squeezed after BTC failed to break 87.5K.
• Strive just bought 2,000 BTC (~169M at an average of ~84,422) — its biggest purchase in 4 months, with holdings now at 29,462 BTC. Corporate buyers haven't left.
• BTC spot ETFs were quiet: net outflows of 3.2M on Oct 6. ETH is holding steady near 2,697.
• Fear & Greed: 71. Greed is back.
Trading take: last week, longs were the exit liquidity; this weekend, it was shorts' turn. The order book is clean going into the minutes — whichever way the price breaks, it’ll move fast. Hold 84.6K and 87.5K is still in play; lose that level and CPI on Oct 14 is the next test.
