BTC briefly fell below $80,000 overnight, hitting a 24-hour low of $79,709. Nearly 180,000 traders were liquidated across the market, totaling about $950 million, with longs accounting for 90%. The trigger was September U.S. PPI, which came in at 6.3% year over year—far above expectations—stoking inflation concerns. Significant net outflows from BTC and ETH spot ETFs on the same day added further pressure from both macro conditions and fund flows.
This morning, $BTC recovered to $82,234, up 0.12% over 24 hours. $80,000 is key support; a break below it could lead to another test of $75,000. Resistance lies around $83,000–$84,500. Falling Treasury yields and a weaker U.S. dollar have given the rebound some breathing room.
$ETH is at $2,438, essentially flat over 24 hours. It plunged to a low of $2,313 overnight and has only just reclaimed the $2,400 level, so the recovery remains fragile. $SOL 105.3 edged up slightly after holding the $100 level.
In short: Longs keep getting flushed around $80,000. The higher the leverage, the faster the wipeout. The rebound needs volume—don’t rush to catch a falling knife.
What do you think—is this the final dip, or will prices keep probing lower? These are personal views and not investment advice.
##早盘速览 #Crypto #Bitcoin
This morning, $BTC recovered to $82,234, up 0.12% over 24 hours. $80,000 is key support; a break below it could lead to another test of $75,000. Resistance lies around $83,000–$84,500. Falling Treasury yields and a weaker U.S. dollar have given the rebound some breathing room.
$ETH is at $2,438, essentially flat over 24 hours. It plunged to a low of $2,313 overnight and has only just reclaimed the $2,400 level, so the recovery remains fragile. $SOL 105.3 edged up slightly after holding the $100 level.
In short: Longs keep getting flushed around $80,000. The higher the leverage, the faster the wipeout. The rebound needs volume—don’t rush to catch a falling knife.
What do you think—is this the final dip, or will prices keep probing lower? These are personal views and not investment advice.
##早盘速览 #Crypto #Bitcoin