October 12 Evening Market Recap | Major Coins Diverge
As of 21:30 (Beijing time), Binance BTC/USDT was at 82,554, down 0.65% over the rolling 24 hours, with a range of 82,476–84,352; ETH/USDT was at 2,526.19, up 0.83% over the same period, with a range of 2,500.89–2,579.88.
BTC is currently near the lower end of its range, while ETH is relatively stronger. However, both are below their respective 24-hour volume-weighted average prices, so ETH being in the green alone is not enough to conclude that the market is broadly strengthening. Alternative.me's Fear & Greed Index stands at 69 today, in the Greed zone: heightened sentiment and price pressure can occur at the same time.
Tonight, watch whether the rebound can reclaim the average price and whether the lows hold; don't treat a single rebound as a trend reversal. This is a rolling 24-hour snapshot, not a calendar-day close. Sources: Binance public market data, Alternative.me. For observation only; not investment advice.
#BTC #ETH #MarketRecap
As of 21:30 (Beijing time), Binance BTC/USDT was at 82,554, down 0.65% over the rolling 24 hours, with a range of 82,476–84,352; ETH/USDT was at 2,526.19, up 0.83% over the same period, with a range of 2,500.89–2,579.88.
BTC is currently near the lower end of its range, while ETH is relatively stronger. However, both are below their respective 24-hour volume-weighted average prices, so ETH being in the green alone is not enough to conclude that the market is broadly strengthening. Alternative.me's Fear & Greed Index stands at 69 today, in the Greed zone: heightened sentiment and price pressure can occur at the same time.
Tonight, watch whether the rebound can reclaim the average price and whether the lows hold; don't treat a single rebound as a trend reversal. This is a rolling 24-hour snapshot, not a calendar-day close. Sources: Binance public market data, Alternative.me. For observation only; not investment advice.
#BTC #ETH #MarketRecap