Bitcoin was priced at 81,717 this morning, down 0.74% over the past 24 hours. After falling below the 82,000 level, Bitcoin has been trading in a lower range, with the intraday low dipping to 81,200. Ethereum has also weakened, falling to 2,372 and now battling around the 2,400 level. SOL is currently at 104, down 1.31% over 24 hours; XRP is at 1.2995, down 1.31%. BNB is at 729.33, up 0.24%.

$166 million in liquidations across the crypto market over the past 24 hours

Data shows that approximately $166 million worth of contracts were liquidated across the crypto market over the past 24 hours, including about $105 million in long positions and approximately $60.9722 million in short positions. Long liquidations were significantly higher than short liquidations. The largest single liquidation occurred on Binance-BTCUSDT and was worth $10.3255 million.

Capital flows: Pressure from outflows from spot Bitcoin ETFs remains unresolved

According to data from Farside Investors, there were net outflows of about $679 million from October 5 to 9, followed by a further $228.4 million from October 12 to 16, bringing the total net outflow over the two weeks to about $907 million. In addition, September's U.S. CPI came in higher than expected, fueling expectations that the Fed will keep interest rates elevated and continuing to weigh on crypto asset valuations.

Sentiment: The Fear & Greed Index falls to 56, decoupling from U.S. stocks

Today's Fear & Greed Index is 56 (neutral), down from 59 the previous day. Over the past eight days, the index has fluctuated between 53 and 63.

Recent price movements in crypto assets and U.S. stocks have clearly decoupled. Whether outflows from spot Bitcoin ETFs can stabilize and how AI giants perform in their earnings reports this week will be two key signals to watch for a recovery in market confidence.

Technical analysis: BTC, ETH, PEPE, and Niu Lai

BTC: Watch 82,100 today. It will only show real strength if it can close above that level on the 1–2-hour chart. Consider a light short near 83,000, add at 84,100–85,500, and set a stop-loss at 86,000. If it fails to close above 82,100, the rebound is weak; consider a light long on a pullback near 80,800, add at 79,800–78,600, and set a stop-loss at 78,000.

ETH: Watch 2,410 today. The outlook turns stronger only if it can hold above that level for 1–2 hours. Consider a light short near 2,440, add at 2,480–2,525, and set a stop-loss at 2,550. If it cannot hold above 2,410, the rebound is weak; consider a light long on a pullback near 2,380, add at 2,355–2,320, and set a stop-loss at 2,300.

PEPE: You could buy a small amount. It has been moving sideways for a long time without much action, and after an extended period of weekly consolidation, the price is gradually edging up. Justin Sun also bought some yesterday; its market cap is now $1.7 billion. As long as BTC holds steady, there could be 50% to 100% upside from here, but don't take a large position.

Niu Lai: The daily chart has already formed four long lower wicks. As long as it doesn't make another new low here, there's a good chance of an upward move. For short-term trading, use a new low as the stop-loss level; for the medium to long term, buy in batches on dips.#美国比特币ETF净流入5.27亿美元