🔴 UPTober in the red. The “bullish month” of $BTC is heading for its second negative October in a row… and the feed is already calling a “Black Monday.” 👇
Before you panic, look at what the data shows:
🔴 What’s weighing on the market:
- BTC and ETH ETFs:
-549M USD this week (Farside)
- ~1,000M USD liquidated in one day, 60% in $ETH
- Inflation at 3.7%, and the Fed decides on October 28
👀 What almost no one is noticing:
- The sell wall at 81,460 that’s “holding BTC back” was pulled 26 times without a sale. Liquidity that appears and disappears is usually there to scare people, not to sell.
- Holders are sending less BTC to exchanges, while whales moved 307M USD.
- Strive is raising 500M to buy BTC, and Schwab is already enabling BTC and ETH transfers. 📊
The levels that matter:
- Ceiling: 82,000-82,500 (4-hour EMA200)
- Floor: 80,000 (double bottom on October 8 and 15)
- Real support: ~75,800 (daily EMA200)
And the “Black Monday”? It’s just the anniversary of the 1987 crash. Dates don’t move markets; liquidity does.
My take: this isn’t capitulation; it’s a sideways market sweeping out leveraged traders ahead of the Fed. A sweep of 80K followed by a quick rebound would be the best entry of the week. Only a daily close below 78K would change my mind.
I’m not giving away my coins: I’m holding $BTC , $LINK , and $ONDO with alerts set.
What’s your move?
🟢 I’ll buy if it sweeps 80K
🔴 I’ll wait for the Fed
Not financial advice.
#Uptober #bitcoin #BTC走势分析 #btc70k
Before you panic, look at what the data shows:
🔴 What’s weighing on the market:
- BTC and ETH ETFs:
-549M USD this week (Farside)
- ~1,000M USD liquidated in one day, 60% in $ETH
- Inflation at 3.7%, and the Fed decides on October 28
👀 What almost no one is noticing:
- The sell wall at 81,460 that’s “holding BTC back” was pulled 26 times without a sale. Liquidity that appears and disappears is usually there to scare people, not to sell.
- Holders are sending less BTC to exchanges, while whales moved 307M USD.
- Strive is raising 500M to buy BTC, and Schwab is already enabling BTC and ETH transfers. 📊
The levels that matter:
- Ceiling: 82,000-82,500 (4-hour EMA200)
- Floor: 80,000 (double bottom on October 8 and 15)
- Real support: ~75,800 (daily EMA200)
And the “Black Monday”? It’s just the anniversary of the 1987 crash. Dates don’t move markets; liquidity does.
My take: this isn’t capitulation; it’s a sideways market sweeping out leveraged traders ahead of the Fed. A sweep of 80K followed by a quick rebound would be the best entry of the week. Only a daily close below 78K would change my mind.
I’m not giving away my coins: I’m holding $BTC , $LINK , and $ONDO with alerts set.
What’s your move?
🟢 I’ll buy if it sweeps 80K
🔴 I’ll wait for the Fed
Not financial advice.
#Uptober #bitcoin #BTC走势分析 #btc70k