November 9, 2026 | $BTC Fell Below $75,000—Can This Rebound Recover? Brutal.
Crypto friends, BTC failed to hold $75,000 yesterday. BTC briefly fell to $73,708 in the early hours, while ETH dropped to $2,223. BTC then bounced back to around $74,900, right at the previous support level. It needs to reclaim this level to have a chance of recovering this morning’s losses.
In early Asian trading today, the Nikkei rose as much as 1.7%, gold (XAU) edged up 0.2%, but crypto remained weak. Trump said that if negotiations make progress, the chances of striking Iran again are very low, and oil prices fell at the open. There are still reports of ships being attacked near the Strait of Hormuz, so oil prices could rebound at any time. U.S. CPI is due tomorrow night at 20:30; we’ll see then how the dollar and Treasury yields move.
Crypto markets are still digesting two things: traders are worried that the new U.S. Congress will tighten regulations, and Binance has confirmed that it will close some affected European accounts by the end of the year. Last Friday, BTC and $ETH spot ETFs saw combined net outflows of about $505 million. After the U.S. stock market opens tonight, I’ll first watch to see whether crypto prices can stabilize, then wait for Monday’s ETF flow data.
Over the next 24 hours, I’m leaning toward weak, range-bound trading. If BTC reclaims $75,000 on strong volume and holds it on a retest, and ETH stops falling, then I’ll look toward $76,400. If it bounces and gets knocked back down, I’ll watch for another test of $73,700; if it breaks below the early-session low, I’ll stop trying to buy the dip.
It’s fine to miss out on some gains; I’m in no rush to be left waiting to break even right after buying. What’s your trading strategy? #CPI前瞻，12月利率走向迎关键考验
Crypto friends, BTC failed to hold $75,000 yesterday. BTC briefly fell to $73,708 in the early hours, while ETH dropped to $2,223. BTC then bounced back to around $74,900, right at the previous support level. It needs to reclaim this level to have a chance of recovering this morning’s losses.
In early Asian trading today, the Nikkei rose as much as 1.7%, gold (XAU) edged up 0.2%, but crypto remained weak. Trump said that if negotiations make progress, the chances of striking Iran again are very low, and oil prices fell at the open. There are still reports of ships being attacked near the Strait of Hormuz, so oil prices could rebound at any time. U.S. CPI is due tomorrow night at 20:30; we’ll see then how the dollar and Treasury yields move.
Crypto markets are still digesting two things: traders are worried that the new U.S. Congress will tighten regulations, and Binance has confirmed that it will close some affected European accounts by the end of the year. Last Friday, BTC and $ETH spot ETFs saw combined net outflows of about $505 million. After the U.S. stock market opens tonight, I’ll first watch to see whether crypto prices can stabilize, then wait for Monday’s ETF flow data.
Over the next 24 hours, I’m leaning toward weak, range-bound trading. If BTC reclaims $75,000 on strong volume and holds it on a retest, and ETH stops falling, then I’ll look toward $76,400. If it bounces and gets knocked back down, I’ll watch for another test of $73,700; if it breaks below the early-session low, I’ll stop trying to buy the dip.
It’s fine to miss out on some gains; I’m in no rush to be left waiting to break even right after buying. What’s your trading strategy? #CPI前瞻，12月利率走向迎关键考验
