📊 $BTC and $ETH before the storm: today's price forecast ahead of the CPI report.
The crypto market has entered a phase of maximum range compression. All eyes are on tomorrow's U.S. inflation release (CPI, October 14), while key assets are squeezed between important moving averages.
🔍 Current technical setup:
• Bitcoin ($83,280): The price is holding firmly to the daily 20 EMA ($83,170) and the 4H 20 EMA ($83,144), but its upside is capped by dynamic resistance at the 4H 50 EMA ($83,470).
• Ethereum ($2,508): The asset is sitting right on the fundamental support of the 50-day EMA ($2,501), while the nearest barrier is formed by a pair of 4H EMAs ($2,520–$2,557).
🎯 Forecast and scenarios for the next 24 hours:
• For $BTC: Holding above $83,100 and breaking through $83,500 would provide momentum for a retest of yesterday's high at $84,350. Losing support at $82,800 would send the market back to test $81,500–$81,800.
• For $ETH: Holding the $2,500 level and moving above $2,520 would open the way to $2,560–$2,580. A break below $2,490 would put the $2,410–$2,440 low at risk of being tested.
Do you expect calm sideways trading until tomorrow's CPI release, or will the market trigger a false stop hunt today?
$BTC $ETH
The crypto market has entered a phase of maximum range compression. All eyes are on tomorrow's U.S. inflation release (CPI, October 14), while key assets are squeezed between important moving averages.
🔍 Current technical setup:
• Bitcoin ($83,280): The price is holding firmly to the daily 20 EMA ($83,170) and the 4H 20 EMA ($83,144), but its upside is capped by dynamic resistance at the 4H 50 EMA ($83,470).
• Ethereum ($2,508): The asset is sitting right on the fundamental support of the 50-day EMA ($2,501), while the nearest barrier is formed by a pair of 4H EMAs ($2,520–$2,557).
🎯 Forecast and scenarios for the next 24 hours:
• For $BTC: Holding above $83,100 and breaking through $83,500 would provide momentum for a retest of yesterday's high at $84,350. Losing support at $82,800 would send the market back to test $81,500–$81,800.
• For $ETH: Holding the $2,500 level and moving above $2,520 would open the way to $2,560–$2,580. A break below $2,490 would put the $2,410–$2,440 low at risk of being tested.
Do you expect calm sideways trading until tomorrow's CPI release, or will the market trigger a false stop hunt today?
$BTC $ETH