ADX is now at 0.0564, up 7.63% over 24 hours, but still down 6.31% over 7 days. The intraday range is 0.0517–0.0584, with an amplitude of 13.0%.
【Market】
Damn, I just opened the app and saw ADX going absolutely nuts.
It didn’t take long to reach 0.0517, with the amplitude widening to 13.0%.
In a market that follows the drops but not the rallies, ADX is going the other way. Closing in the green over 24 hours says it all.
As long as it holds 0.0517, the current pullback can be seen as a strong consolidation.
Compared with BTC’s +1.43%, ADX is showing relative strength. Assets like this are often the first to rebound.
【Macro】 U.S. stocks rose overnight: Nasdaq +0.82%, S&P 500 +0.70% (close on 2026-10-27). BTC ETFs have seen net outflows of about $45.2 billion this month. U.S. CPI came in above expectations at 3.7% year over year. The probability of a rate hike at the 2026-10-27/28 policy meeting is around 47%.
The short-term outlook leans bullish.
【Bullish Reasons】
How did it go up? The chart just shows 7.63%; I didn’t look too closely.
It’s still down 6.31% over 7 days, so a 7.63% gain in a single day should be treated as an oversold rebound for now. Don’t rush to call it a reversal.
During the 24-hour rise of 7.63%, the intraday high of 0.0584 was tested repeatedly, suggesting that overhead resistance is being absorbed.
Anyone who knows more, feel free to weigh in.
The short-term rise has been rather fast, so don’t ignore the risk of a sharp wick. It’s safer to wait for a confirmed retest before acting.
$ADX #ADX