$BTC $SOL Evening market recap: BTC was still at 76,700 this morning, and spent the evening hovering around 77,400. It held above 77,000.
BTC traded between 76,141 and 77,575 today. It briefly dipped below 76,760 overnight, then climbed back above 77,000 in the afternoon and stayed there.
That’s the 77,000 level discussed in today’s “神算子” post: it held, but BTC didn’t reach today’s upside target of 78,500.
SOL was around 95.9 and ETH around 2,249, basically unchanged from this morning—neither weighed on the market nor led the rally.
The main driver remains the fallout from the Binance hack: withdrawals are being restored in stages, with the aim of completing the process this weekend. The initial proof of reserves is due before November 2.
Note: withdrawals haven’t actually resumed yet, so don’t trade on it as positive news prematurely.
This weekend, watch two things: whether withdrawals really resume, and whether BTC can break above 78,500.
Personal opinion/summary; not investment advice. Follow me for updates on withdrawals this weekend.