๐ November 2 evening recap: $BTC 77,888.0, 24h -0.21%, $ETH 2,291.5, 24h +0.89%; sentiment remains subdued.
What happened: BTC 24h range 77,602.7โ78,878.0, 1h -0.07%, RSI 34.1, near the 14-day low of 76,326.0 and far from the high of 84,898.0; ETH range 2,247.8โ2,317.8, 1h 0.14%, RSI 35.7, 14-day range 2,174.1โ2,530.4. Total crypto market cap down 1.79% in 24h, BTC dominance 59.27%, Fear & Greed Index 37 (Fear).
Divergence remains the main theme: top gainers were 1000CAT +5.92%, SOPH +5.48%, Niu Lai +4.19%; top losers were INIT -22.68%, LSK -10.93%, TRUMP -6.68%.
Diverging macro backdrop: Gold 3,970.0, +1.99%; WTI crude oil 97.47, -5.2%; S&P 500 7,613.4, +0.26%; Nasdaq 100 28,603.0, +0.15%; AUD/USD at 0.7252, -5.75%, range 0.7200โ0.7720.
What to watch next: BTC holds above 77,602.7 and tests 78,878.0; ETH holds above 2,247.8. A break below their respective 24-hour lows would extend the weakness. Look for signs of stabilization before discussing a reversal. For reference only, not investment advice.
#BTC #MarketAnalysis