Crypto Oracle Daily | 11/11 ☀️
BTC fell below 75,000 last night and is now at 73,592U. October CPI came in hotter than expected (+0.4%), ETFs saw another $201 million in outflows, and IBIT has seen redemptions for 7 straight days, totaling $1.66 billion. The market is still nervous.
But today’s main character isn’t BTC—it’s AVAX 👀 On 11/9, the NYSE announced it had selected Avalanche for tokenized securities settlement. After the news broke, AVAX briefly surged to 9.01U, gaining nearly 8% in a day, while trading volume jumped more than 4x to 537 million. It has now pulled back to around 8.42U.
The news is genuinely positive, but regulatory approval is still pending. The pullback after the rally also shows that plenty of people chased the price in the short term. My prediction: This week, watch to see if AVAX can reclaim 9U. A sustained move above that level could open the door to another rally; if it can’t, it’ll keep fluctuating with the broader market.
Do you think AVAX is really taking off, or is this just a one-day news-driven rally? Can BTC hold 73,000? 👇
#BinancePick #幣安神算子 #AVAX #BTC
Not investment advice
BTC fell below 75,000 last night and is now at 73,592U. October CPI came in hotter than expected (+0.4%), ETFs saw another $201 million in outflows, and IBIT has seen redemptions for 7 straight days, totaling $1.66 billion. The market is still nervous.
But today’s main character isn’t BTC—it’s AVAX 👀 On 11/9, the NYSE announced it had selected Avalanche for tokenized securities settlement. After the news broke, AVAX briefly surged to 9.01U, gaining nearly 8% in a day, while trading volume jumped more than 4x to 537 million. It has now pulled back to around 8.42U.
The news is genuinely positive, but regulatory approval is still pending. The pullback after the rally also shows that plenty of people chased the price in the short term. My prediction: This week, watch to see if AVAX can reclaim 9U. A sustained move above that level could open the door to another rally; if it can’t, it’ll keep fluctuating with the broader market.
Do you think AVAX is really taking off, or is this just a one-day news-driven rally? Can BTC hold 73,000? 👇
#BinancePick #幣安神算子 #AVAX #BTC
Not investment advice