$BTC got timid at 83.3K—the bears haven’t even had their fill of liquidations yet? 🔥📉
Put simply, last night’s rebound was entirely a ride powered by the bears.
$BTC climbed all the way up from the depths at 81.1K, briefly touching 83.3K before closing at 82,959, up 1.5%. The U.S. earnings season helped fuel the rebound, and as risk appetite returned, Bitcoin grabbed a bite too. But look closer and it gets awkward: the moment it hit 83.3K, it got spooked and pulled back. It never managed to hold above that level.
$ZEC was the real beast, though—up nearly 10% in a day to $1,258, with $7 billion in trading volume across the market. Serious money is pouring into privacy coins this time around.
I said it before: at this level, both bulls and bears are taking a gamble. Prediction markets put the odds of the Fed holding rates steady in October at 83.9%. In other words, before the FOMC decision on 10-27/28, big money isn’t willing to place heavy bets. Everyone’s waiting. Bitwise and Hyperliquid, meanwhile, went to the SEC to ask for clearer rules—but if those rules actually take effect, they’d benefit the whole industry, not explain today’s price action.
So don’t kid yourself: if Bitcoin can’t break through this 83.3K wall, all those gains are just paper profits. If it manages to hold above it, then the real fireworks will start when the bears get liquidated one after another. If it can’t hold, the depths at 81.1K are still waiting for you.
Can Bitcoin smash through 83.3K today?
#比特币 #ZEC #早盘 #FOMC
Put simply, last night’s rebound was entirely a ride powered by the bears.
$BTC climbed all the way up from the depths at 81.1K, briefly touching 83.3K before closing at 82,959, up 1.5%. The U.S. earnings season helped fuel the rebound, and as risk appetite returned, Bitcoin grabbed a bite too. But look closer and it gets awkward: the moment it hit 83.3K, it got spooked and pulled back. It never managed to hold above that level.
$ZEC was the real beast, though—up nearly 10% in a day to $1,258, with $7 billion in trading volume across the market. Serious money is pouring into privacy coins this time around.
I said it before: at this level, both bulls and bears are taking a gamble. Prediction markets put the odds of the Fed holding rates steady in October at 83.9%. In other words, before the FOMC decision on 10-27/28, big money isn’t willing to place heavy bets. Everyone’s waiting. Bitwise and Hyperliquid, meanwhile, went to the SEC to ask for clearer rules—but if those rules actually take effect, they’d benefit the whole industry, not explain today’s price action.
So don’t kid yourself: if Bitcoin can’t break through this 83.3K wall, all those gains are just paper profits. If it manages to hold above it, then the real fireworks will start when the bears get liquidated one after another. If it can’t hold, the depths at 81.1K are still waiting for you.
Can Bitcoin smash through 83.3K today?
#比特币 #ZEC #早盘 #FOMC