Afternoon 2/11 market check for a quick look:
Market breadth: 180 green / 554 red (~24.5%) — deep red is still the dominant tone, with money only flowing into a few places.
$BTC 78,145 (+0.04%) is sitting right at EMA20 (78,161), above EMA50 (78,071), with the 1H RSI at 57.9, neutral. If it holds EMA20, there’s still a chance to test KC 78,878 → 81,778; if it loses that level, it could easily pull back to support at 77,000-76,661.
$ETH 2,293 (+1%) is above EMA20, RSI 66 — stronger than BTC by a notch.
Going against the trend: 1000CATU +27.1%, SOPH +12.95%, both backed by real volume; CREAM +65% / PNT +45%, but volume is only ~0.3M — don’t FOMO into these thinly traded plays.
Under selling pressure: NFP -65.8%, BETA -64%, VIB -63% — all thinly traded token groups, with insufficient liquidity to support them.
Context: following the $6.3 billion Binance hack, BTC ETFs saw $643M in outflows on 30/10, and the Fed held rates at 3.75-4%. US jobs data is due 6/11 and CPI on 13/11 next week — the market could drift sideways this weekend as it waits for news.
Scenario for the next 18 hours (illustrative): hold EMA20 → test 78,878; break below → head to 77,000-76,661.
Data analysis, not investment advice.
#Crypto #Bitcoin #Ethereum
Market breadth: 180 green / 554 red (~24.5%) — deep red is still the dominant tone, with money only flowing into a few places.
$BTC 78,145 (+0.04%) is sitting right at EMA20 (78,161), above EMA50 (78,071), with the 1H RSI at 57.9, neutral. If it holds EMA20, there’s still a chance to test KC 78,878 → 81,778; if it loses that level, it could easily pull back to support at 77,000-76,661.
$ETH 2,293 (+1%) is above EMA20, RSI 66 — stronger than BTC by a notch.
Going against the trend: 1000CATU +27.1%, SOPH +12.95%, both backed by real volume; CREAM +65% / PNT +45%, but volume is only ~0.3M — don’t FOMO into these thinly traded plays.
Under selling pressure: NFP -65.8%, BETA -64%, VIB -63% — all thinly traded token groups, with insufficient liquidity to support them.
Context: following the $6.3 billion Binance hack, BTC ETFs saw $643M in outflows on 30/10, and the Fed held rates at 3.75-4%. US jobs data is due 6/11 and CPI on 13/11 next week — the market could drift sideways this weekend as it waits for news.
Scenario for the next 18 hours (illustrative): hold EMA20 → test 78,878; break below → head to 77,000-76,661.
Data analysis, not investment advice.
#Crypto #Bitcoin #Ethereum
