Morning update for Oct 23, bros.
$BTC broke below 82K, falling close to 81.4K (-3.2%); $ETH fell to 2,389 (-3.4%). Price is retesting the spot ETF cost-basis zone around 81K — a break below it could put 70K at risk.
Altcoins are diverging: $GTC swam against the tide, up 23%; BMT gained 20%, while ALT crashed 36% after soaring yesterday — a crystal-clear lesson in chasing the top.
Ironically, US BTC ETFs saw over $1 billion in net inflows across three sessions, but the price still couldn't break 84K. $1.23 billion in options expires today, with max pain around 82K.
Don't try to catch a falling knife. Consider scaling in around 80–81K if it holds, split your orders, and set clear stop-losses. This is a data roundup, not investment advice.
#BTC #ETH #GTC
$BTC broke below 82K, falling close to 81.4K (-3.2%); $ETH fell to 2,389 (-3.4%). Price is retesting the spot ETF cost-basis zone around 81K — a break below it could put 70K at risk.
Altcoins are diverging: $GTC swam against the tide, up 23%; BMT gained 20%, while ALT crashed 36% after soaring yesterday — a crystal-clear lesson in chasing the top.
Ironically, US BTC ETFs saw over $1 billion in net inflows across three sessions, but the price still couldn't break 84K. $1.23 billion in options expires today, with max pain around 82K.
Don't try to catch a falling knife. Consider scaling in around 80–81K if it holds, split your orders, and set clear stop-losses. This is a data roundup, not investment advice.
#BTC #ETH #GTC