Tonight the market is still moving sideways as it waits for the Fed, bro — but market breadth has clearly recovered compared with this morning, so it’s not time to get discouraged.
$BTC around $80,355 (-0.12%/24h), tightly squeezed between EMA20 at 80,290 and EMA50 at 80,524, with the 1H RSI neutral at 47.8. $ETH $2,326 (-0.41%), SOL at $101.66 (+0.61%), and BNB at $741.71 (+0.27%). Key levels to watch: support at 79,221, resistance at 82,061 — a break either way should clarify the next move.
Breadth has bounced strongly: 48.4% of USDT pairs are in the green (373/771), up from just 25.3% at 11 a.m. Money is flowing back into familiar names: QNT +20.8%, ERA +14.8%, BEAMX +12.8%, and ENA +6.5%, with $43.4 million in volume. ZEC attracted $156.6 million in volume but rose only 1.6% — money is coming in, but the price hasn’t moved much, so it’s worth watching rather than chasing. On the sell-off side: COMP -8.7%, GTC -7.9%, while NFP, still a thinly traded token, is down 65.8% — best to stay away.
Macro: there are no major U.S. economic releases today (Monday). The FOMC meets on Oct. 27–28, with its decision due on Oct. 28 (U.S. time). The market expects rates to remain at 3.75–4.00%, with roughly an 88–90% probability. That means the market will be holding its breath over the next two days: holding rates steady with a dovish tone would support crypto, while any renewed Fed mention of a possible hike in December would immediately pressure BTC and altcoins.
Scenario for the next 18 hours (check the chart): if it rises, it could retest 82,061; if it pulls back, it could fall to 79,221. A narrow range ahead of major news — manage your risk carefully, and don’t FOMO into a chase right now.
Data analysis, not investment advice.
#Bitcoin #Crypto #BTC #FOMC
$BTC around $80,355 (-0.12%/24h), tightly squeezed between EMA20 at 80,290 and EMA50 at 80,524, with the 1H RSI neutral at 47.8. $ETH $2,326 (-0.41%), SOL at $101.66 (+0.61%), and BNB at $741.71 (+0.27%). Key levels to watch: support at 79,221, resistance at 82,061 — a break either way should clarify the next move.
Breadth has bounced strongly: 48.4% of USDT pairs are in the green (373/771), up from just 25.3% at 11 a.m. Money is flowing back into familiar names: QNT +20.8%, ERA +14.8%, BEAMX +12.8%, and ENA +6.5%, with $43.4 million in volume. ZEC attracted $156.6 million in volume but rose only 1.6% — money is coming in, but the price hasn’t moved much, so it’s worth watching rather than chasing. On the sell-off side: COMP -8.7%, GTC -7.9%, while NFP, still a thinly traded token, is down 65.8% — best to stay away.
Macro: there are no major U.S. economic releases today (Monday). The FOMC meets on Oct. 27–28, with its decision due on Oct. 28 (U.S. time). The market expects rates to remain at 3.75–4.00%, with roughly an 88–90% probability. That means the market will be holding its breath over the next two days: holding rates steady with a dovish tone would support crypto, while any renewed Fed mention of a possible hike in December would immediately pressure BTC and altcoins.
Scenario for the next 18 hours (check the chart): if it rises, it could retest 82,061; if it pulls back, it could fall to 79,221. A narrow range ahead of major news — manage your risk carefully, and don’t FOMO into a chase right now.
Data analysis, not investment advice.
#Bitcoin #Crypto #BTC #FOMC
