October 30 evening market recap: As of 21:30 Beijing time, BTC was around 77,215 USDT, down 3.81% over the rolling 24 hours; ETH was down 4.40%, and SOL was down 4.89%. BTC’s range during the same period was 76,500–81,971, with the current price about 0.94% above the low, still in the lower part of the range. Note: This is a rolling 24-hour snapshot, not the full-day closing data for Beijing time.
My assessment: Among these three assets, ETH and SOL fell more than BTC, and risk appetite has yet to show a clear recovery. Moving away from the low does not mean the trend has turned bullish. Tonight’s review focuses on whether positions can withstand the next bout of volatility, rather than labeling the rebound a bull market.
Source: Binance spot 24-hour ticker, October 30, 21:30 (Beijing time).#BTC #MarketRecap
My assessment: Among these three assets, ETH and SOL fell more than BTC, and risk appetite has yet to show a clear recovery. Moving away from the low does not mean the trend has turned bullish. Tonight’s review focuses on whether positions can withstand the next bout of volatility, rather than labeling the rebound a bull market.
Source: Binance spot 24-hour ticker, October 30, 21:30 (Beijing time).#BTC #MarketRecap