681M USD OUT. Heaviest spot ETF bleed since June. BTC still holding ~83K under an 800k-BTC supply wall.
BTC options volatility just hit a 5-YEAR LOW. Trending #1 on Square (240K views). That is not calm. That is a fuse.
Last week's tape:
• Spot BTC ETF: -681M (Oct 5-9, SoSoValue)
• Spot ETH ETF: -542M, 9 straight outflow days
• Perp funding: +0.0021%. Nobody crowded on either side.
Overnight: a whale rotated 410 BTC (~34M USD) into 14,341 ETH.
Sep CPI drops tomorrow 8:30 ET. Consensus: +0.6% m/m headline, +3.7% y/y.
Setup: a break above 84,217 opens 85,470. Lose 83,476 and 82,735 is next. $BTC $ETH
#Bitcoin #CPI #Crypto
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681M USD OUT. Heaviest ETF bleed since June. BTC is still holding ~83K beneath an 800k-BTC wall.
BTC options volatility just hit a 5-YEAR LOW. Trending #1 on Square (240K views). This isn't calm. It's a lit fuse.
Last week's tape:
• Spot BTC ETF: -681M (Oct 5-9, SoSoValue)
• Spot ETH ETF: -542M, 9 straight days of outflows
• Perp funding: +0.0021%. Nobody is overcrowded on either side.
Overnight: a whale rotated 410 BTC (~34M USD) into 14,341 ETH.
September CPI drops tomorrow at 8:30 ET. Consensus: +0.6% m/m headline, +3.7% y/y.
Setup: a break above 84,217 opens 85,470. Break below 83,476, and 82,735 is next.
BTC options volatility just hit a 5-YEAR LOW. Trending #1 on Square (240K views). That is not calm. That is a fuse.
Last week's tape:
• Spot BTC ETF: -681M (Oct 5-9, SoSoValue)
• Spot ETH ETF: -542M, 9 straight outflow days
• Perp funding: +0.0021%. Nobody crowded on either side.
Overnight: a whale rotated 410 BTC (~34M USD) into 14,341 ETH.
Sep CPI drops tomorrow 8:30 ET. Consensus: +0.6% m/m headline, +3.7% y/y.
Setup: a break above 84,217 opens 85,470. Lose 83,476 and 82,735 is next. $BTC $ETH
#Bitcoin #CPI #Crypto
---
681M USD OUT. Heaviest ETF bleed since June. BTC is still holding ~83K beneath an 800k-BTC wall.
BTC options volatility just hit a 5-YEAR LOW. Trending #1 on Square (240K views). This isn't calm. It's a lit fuse.
Last week's tape:
• Spot BTC ETF: -681M (Oct 5-9, SoSoValue)
• Spot ETH ETF: -542M, 9 straight days of outflows
• Perp funding: +0.0021%. Nobody is overcrowded on either side.
Overnight: a whale rotated 410 BTC (~34M USD) into 14,341 ETH.
September CPI drops tomorrow at 8:30 ET. Consensus: +0.6% m/m headline, +3.7% y/y.
Setup: a break above 84,217 opens 85,470. Break below 83,476, and 82,735 is next.