Evening market recap | As of around 21:30 on October 28 (Beijing time), Binance spot 24h snapshot: BTC $80,726, +0.83%; ETH $2,342.31, +0.77%; BNB +1.71%; SOL +1.12%. All four assets in this sample rose, but that alone does not justify concluding that the entire market rose.
BTC’s 24h range was $79,890–$81,823. The current price remains below the top of the range and slightly below the average traded price over the same period, $80,848.82. My view: the recovery is continuing, but the rise should not yet be treated as confirmation of a breakout. Going forward, watch whether the price can hold above the top of the range, rather than focusing only on the percentage gain.
Source: Binance public 24h ticker, collected for this update. This is a rolling 24-hour measure, not a full-day close in Beijing time; tonight is not over yet. Not investment advice.#BTC #MarketRecap
BTC’s 24h range was $79,890–$81,823. The current price remains below the top of the range and slightly below the average traded price over the same period, $80,848.82. My view: the recovery is continuing, but the rise should not yet be treated as confirmation of a breakout. Going forward, watch whether the price can hold above the top of the range, rather than focusing only on the percentage gain.
Source: Binance public 24h ticker, collected for this update. This is a rolling 24-hour measure, not a full-day close in Beijing time; tonight is not over yet. Not investment advice.#BTC #MarketRecap