Bro, the market looks a bit rough this afternoon. Market breadth is down to just 19.4% of pairs in the green (139/717)—over 80% are red.
$BTC is at 82.5K (-0.36%), below both the EMA20 (83.4K) and EMA50 (83.2K), with the 1H RSI down to 33.4. Key support to hold: 81.200; resistance above: 84.898. $ETH is holding at 2.434 (-0.27%), also looking weak.
A few bright spots: PHA +19.8%, LUMIA +17.3%, and PROM +14.8% are still going strong. On the flip side, IOST is dumping -31.6% on 42.4M volume after pumping +77.8% yesterday—a costly lesson in FOMOing into coins that have already made a huge move. NFP (-65.8%) and VANRY (-37.1%) are also deep in the red.
U.S. flash PMI is out tonight at 19:30, and the Oct. 27–28 FOMC meeting is coming up. Over the next 18 hours: hold 81.200 → rebound toward 84.898; break below → likely to head toward ~79.350.
Data analysis, not investment advice.
#BTC #crypto #Binance
$BTC is at 82.5K (-0.36%), below both the EMA20 (83.4K) and EMA50 (83.2K), with the 1H RSI down to 33.4. Key support to hold: 81.200; resistance above: 84.898. $ETH is holding at 2.434 (-0.27%), also looking weak.
A few bright spots: PHA +19.8%, LUMIA +17.3%, and PROM +14.8% are still going strong. On the flip side, IOST is dumping -31.6% on 42.4M volume after pumping +77.8% yesterday—a costly lesson in FOMOing into coins that have already made a huge move. NFP (-65.8%) and VANRY (-37.1%) are also deep in the red.
U.S. flash PMI is out tonight at 19:30, and the Oct. 27–28 FOMC meeting is coming up. Over the next 18 hours: hold 81.200 → rebound toward 84.898; break below → likely to head toward ~79.350.
Data analysis, not investment advice.
#BTC #crypto #Binance