October 22 evening market recap | As of 21:30 Beijing time, BTC/USDT was at 81,742, down 3.31% from its midnight Beijing-time open. The intraday range was 81,589–84,898, with the current price near the lower end. ETH was at 2,401.57, down about 4.42% intraday and relatively weaker.
Rolling 24-hour figures: BTC -2.19%, ETH -2.82%, BNB -1.61%. These use a different basis from calendar-day percentage changes.
My take: So far today, major coins are under pressure. Whether the rebound can recover depends on BTC getting back above the midpoint of its intraday range, with trading volume confirming the move. Price alone cannot confirm which news item drove the decline, nor can we conclude that funds are fleeing across the board.
Source: Binance spot 24-hour ticker and UTC+8 daily candlesticks, data collected October 22 at 21:30; the day’s session had not yet closed. #BTC #MarketRecap
Rolling 24-hour figures: BTC -2.19%, ETH -2.82%, BNB -1.61%. These use a different basis from calendar-day percentage changes.
My take: So far today, major coins are under pressure. Whether the rebound can recover depends on BTC getting back above the midpoint of its intraday range, with trading volume confirming the move. Price alone cannot confirm which news item drove the decline, nor can we conclude that funds are fleeing across the board.
Source: Binance spot 24-hour ticker and UTC+8 daily candlesticks, data collected October 22 at 21:30; the day’s session had not yet closed. #BTC #MarketRecap