Overnight Watch | October 10
No one followed through on the daytime gains overnight.
I. The three majors are going nowhere
$BTC 82741｜$ETH 2495｜$BNB 748
I noted 82,529 this morning and 82,660 this afternoon. In nine hours, it’s moved just 200 points. It briefly touched 83,000, but no one stepped in to push it higher.
II. The two that cleared the threshold haven’t moved either
This afternoon, only SOL and XRP were still trading over 1 billion in volume. They’re now at 109.7 and 1.40, almost exactly where they were then. NEAR was still on the list yesterday, with its price rising from 4.80 to 5.30, but its volume has slipped below the threshold—the price went up, but the money left first.
III. What I’m doing
BNB was 743 this morning and is now 748, still a way off the 770 I’m waiting for. Sentiment bounced from 59 yesterday to 64, while the price barely moved. I’m not treating this green stretch as a reversal, so I’m staying out tonight.
Are you watching from the sidelines, or have you already made a move during this green stretch?
No one followed through on the daytime gains overnight.
I. The three majors are going nowhere
$BTC 82741｜$ETH 2495｜$BNB 748
I noted 82,529 this morning and 82,660 this afternoon. In nine hours, it’s moved just 200 points. It briefly touched 83,000, but no one stepped in to push it higher.
II. The two that cleared the threshold haven’t moved either
This afternoon, only SOL and XRP were still trading over 1 billion in volume. They’re now at 109.7 and 1.40, almost exactly where they were then. NEAR was still on the list yesterday, with its price rising from 4.80 to 5.30, but its volume has slipped below the threshold—the price went up, but the money left first.
III. What I’m doing
BNB was 743 this morning and is now 748, still a way off the 770 I’m waiting for. Sentiment bounced from 59 yesterday to 64, while the price barely moved. I’m not treating this green stretch as a reversal, so I’m staying out tonight.
Are you watching from the sidelines, or have you already made a move during this green stretch?