Bro, the market is still chopping around 75.9K tonight — BTC at $75,895 (-0.17%), almost flat all day after dropping below 80K. Worth noting: BTC is still pinned below the EMA20 at 76,018 and EMA50 at 76,471; 1H RSI is neutral at 42.7 — neither oversold nor overbought, just waiting for news.
$BTC is holding the 74,888 floor (a 7-week low, touched yesterday after NFP came in at +165K, triple expectations, with unemployment at 4.1%). If this zone holds, we could retest the EMA20 in the next 18 hours; if BTC breaks through, the next levels to watch are 76,471–77,900. If 74,888 gives way, we could drop to 74,500–73,000. Bro, don't FOMO into a dip-buy just yet.
$ETH $2.242 (+0.16%) is a little stronger than BTC, with RSI at 55.6, sitting just below the EMA20 at 2.245. SOL at 89.75 (-0.51%) and BNB at 694 (-0.18%) are also moving sideways.
Market breadth: 50 green / 97 red (34.0%) — still in the red, but much better than the deep-red 13.5% yesterday afternoon. Money is still rotating into small-cap altcoins: ONE +28.3%, with 32.1M in volume, keeps flying after this morning's +60% move; MITO +22.2%, ACT +6.2%, MET +8.1%. On the other hand, CYBER plunged 18% on 10.5M in volume after reversing sharply from yesterday's +51% move; GTC fell 15.8%, while ZEC dipped 1.7% on 213.2M in volume, still attracting the most money but cooling off.
BTC spot ETFs saw $430.2 million in net outflows for the fifth consecutive session — big money still hasn't returned. There are no U.S. data releases this weekend, and the market is holding its breath for CPI on 10/11. Hold cash and wait for BTC to decisively break one way before entering a trade.
Data analysis, not investment advice.
#Bitcoin #Crypto #BinanceSquare #CryptoMarket
$BTC is holding the 74,888 floor (a 7-week low, touched yesterday after NFP came in at +165K, triple expectations, with unemployment at 4.1%). If this zone holds, we could retest the EMA20 in the next 18 hours; if BTC breaks through, the next levels to watch are 76,471–77,900. If 74,888 gives way, we could drop to 74,500–73,000. Bro, don't FOMO into a dip-buy just yet.
$ETH $2.242 (+0.16%) is a little stronger than BTC, with RSI at 55.6, sitting just below the EMA20 at 2.245. SOL at 89.75 (-0.51%) and BNB at 694 (-0.18%) are also moving sideways.
Market breadth: 50 green / 97 red (34.0%) — still in the red, but much better than the deep-red 13.5% yesterday afternoon. Money is still rotating into small-cap altcoins: ONE +28.3%, with 32.1M in volume, keeps flying after this morning's +60% move; MITO +22.2%, ACT +6.2%, MET +8.1%. On the other hand, CYBER plunged 18% on 10.5M in volume after reversing sharply from yesterday's +51% move; GTC fell 15.8%, while ZEC dipped 1.7% on 213.2M in volume, still attracting the most money but cooling off.
BTC spot ETFs saw $430.2 million in net outflows for the fifth consecutive session — big money still hasn't returned. There are no U.S. data releases this weekend, and the market is holding its breath for CPI on 10/11. Hold cash and wait for BTC to decisively break one way before entering a trade.
Data analysis, not investment advice.
#Bitcoin #Crypto #BinanceSquare #CryptoMarket
