$BTC 📢 Crypto Quick Morning Brief | October 11
1️⃣ The “Uptober” rally cools; BTC down 4.1% for the week BTC briefly fell to $80,427 on Thursday, its lowest level since early September, and is currently trading around $82,800. Prediction markets put the odds of a drop below $80,000 in October at 67%, and a fall to $77,500 at 40%.
2️⃣ $1.03 billion in profit-taking as whales sell across the board There is a massive sell wall around $83,000. Addresses of all sizes have turned net sellers for the first time since early June. QCP expects BTC to trade in a range of $80,000–$90,000.
3️⃣ ETH ETFs see $506 million in outflows over 5 days, the highest this year BlackRock’s ETHA saw $477 million in net outflows over the week. ETH fell below $2,600, with outflows continuing for 6 consecutive days. Vitalik warned that Ethereum could stagnate by 2040 if its roadmap does not incorporate AI.
4️⃣ Treasury yields at 5.32% continue to weigh on markets Risk assets are under pressure in a high-interest-rate environment. Analysts warn against treating October as a reliable bottom, with support potentially falling to the $72,000–$77,000 range.
5️⃣ Binance-Circle-OKX investment chain comes to light Cross-regional capital ties among three leading players are reshaping the stablecoin landscape, with regulatory compliance and coordination of interests emerging as the biggest variables.#以太坊突破2500USDT #XRP账本修复可增发XRP的漏洞 $SPCXB