# Nightly Crypto Report - Crypto Night Report
Nightly Crypto Report, 21:51 Muscat time - Bitcoin consolidates on the edge of a decision
At 21:51 Oman time, the crypto market is entering a period of cautious calm.
Bitcoin is steady at $76,900, with no rise or fall over the past 24 hours. This stability is not weakness; it is consolidation above a critical support level. Ethereum is trading at $2,280, holding its level.
The total market capitalization is $2.62 trillion, which means liquidity hasn’t left; it’s waiting.
The most important figure in the picture is the $399 million withdrawn from ETF funds yesterday. This is what’s causing the pressure. Large institutions like BlackRock sold out of fear after Binance’s recent $6.3 billion breach. But at the same time, treasury companies like Strategy bought 811 Bitcoin at $80,846, which is above the current price. They’re buying higher up while you’re afraid lower down.
An RSI of 34 means the market is very cold, in oversold territory. Historically, when it reaches this level, it’s close to the bottom.
Support is at $75,600 and resistance is at $78,600. If support breaks, we’ll see $73,000; if resistance is breached, we’ll return to $87,000. Tonight is a night to watch, not to panic sell.
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- For the Same Crypto Image:
#Crypto Night Report 21:51 Oman Time - Bitcoin Holds The Line
At 21:51 Oman time, the crypto market is in a cold consolidation phase.
Bitcoin is stable at $76,900, flat for 24H. Ethereum at $2,280. Total market cap $2.62T, indicating liquidity is still inside, waiting.
The key number is $399M ETF outflows yesterday. This explains the pressure. Institutions like BlackRock's IBIT had its largest outflow since June. Fear after Binance's $6.3B security breach on Oct 29 is still weighing.
But smart money is buying above current price. Treasury company Strategy bought 811 BTC at an average of $80,846 between Oct 26 - Nov 1, now holding 849,327 BTC.
RSI (14) at 34 is Cold/Oversold. Near the bottom historically. Price is sitting just above its 200-day EMA at $76,450.
Support at $75,600 is the danger zone analysts are watching. Resistance at $78,600 (61.8% Fibonacci). Market sentiment: COLD - low volatility, price consolidating near support. This is not a time to panic sell, it's a time to watch.
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