📊 Good morning, market update|Recovered to around 83,000 on Sunday; the top three coins edged up, but the broader market is still in the red

As of 08:22 Beijing time on October 11, the crypto market entered the second day of weekend consolidation. After touching around 83,300 last night and closing at around 82,800, all three major coins rose overnight, recovering to around 83,000:

- Bitcoin: $82,996, 24h +0.46%, support $82,546, resistance $83,173
- Ethereum: $2,507, 24h +0.67%, support $2,489, resistance $2,520
- BNB: $749.2, 24h +0.70%, support $742.9, resistance $753.9

The total crypto market cap is around $2.815 trillion, down 2.18% over 24h, with Bitcoin dominance at 59.1% (CoinGecko). The top coins edged up, with BNB slightly outperforming. The broader market remains in the red, though losses have narrowed since last night. Weekend liquidity is thin, and the intraday high of around 82,000 has yet to surpass last night's high.

📅 Today's watchlist:
1. Price data will be released next week. Markets are watching to see whether it supports the Fed holding rates steady in October and delaying its next rate hike (PANews).
2. Hedge funds' net exposure to large-cap U.S. tech stocks has climbed to around 22%, a record high. Crowded trades could increase the risk of a pullback and spill over into crypto markets (PANews).

Data sources: Binance spot market (as of 2026-10-11 08:22 UTC+8); total market cap from CoinGecko; news from PANews.

Do you think this recovery to 83,000 can hold, or will thin weekend liquidity send prices back down? Share your thoughts in the comments 👇

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