75,000 failed to hold; 74,400 broke first

This morning, the question was whether 75,000 would hold first today, or whether we’d revisit 74,400 first. The market answered in chronological order.

The move to the upper end didn’t happen: at 9:00, the high was just 75,288, about $280 below the overnight high of 75,568. Price hovered around 75,000, while the low had already hit 74,920—not exactly holding firm. A 10:00 candle closed at 74,864, losing 75,000. Trading volume shrank to $25.1 million, about 60% of the $40.1 million at 8:00 and $40.8 million at 9:00—a low-volume breakdown, not a high-volume sell-off.

The move to the lower end came at 11:00: the low reached 74,379, piercing the morning’s 74,400 level by about $21, with volume back up to $31.3 million. That’s just $37 below the 2:00 a.m. low of 74,416—a revisit with a slight break, not a deep drop.

Price snapshot:
Bitcoin at 74,596, down 0.32% over 24 hours. Today’s open: 75,534 / high: 75,546 (00:00) / low: 74,379 (11:00). That’s about $530 below this morning’s 75,124. Over 24 hours, it flipped from up 0.06% to down 0.32%—a genuine giveback.
Ethereum at 2,115, down 1.16% over 24 hours, continuing to underperform Bitcoin.
BNB at 689, up 0.23% over 24 hours—the only one of the top three still in the green, with its current price nearly unchanged from this morning’s 690.

The total crypto market cap is $2.5065 trillion, down 2.47% over 24 hours—below this morning’s $2.524 trillion. The decline deepened from 1.02% to 2.47%, with smaller caps taking a harder hit than the large caps.

Additional news: Two North American publicly listed mining companies have made their latest disclosures. Mining output increased, but revenue fell and electricity costs rose—more output couldn’t make up for lower prices.

Do you think 74,400 can be reclaimed, or will 74,379 be tested again first?

Sources: Binance Spot live market data / CoinGecko / Cointelegraph (data as of 2026-11-10 12:03 UTC+8)
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