Crypto Market Snapshot – Oct 8
BTC trades near $83,400 after rejecting $87K, down ~3%.
ETH sits around $2,560, underperforming with a sharper drop.
Total market cap holds near $2.8T. BTC dominance ~59%.
Leverage flush hit hard — $500M–$700M in long liquidations. Macro headwinds (higher oil, rising yields, geopolitical tension) are keeping risk appetite in check. Sentiment still in Greed but cooling.
Key levels:
• BTC support $82K–$83K | Resistance $86.5K–$87K
• ETH support $2,500–$2,600
Range-bound with a mild corrective bias until BTC reclaims $86K+ with volume. Stay selective — quality over chase.
#Bitcoin #CryptoMarket #BTC #Altcoins #Binance
BTC trades near $83,400 after rejecting $87K, down ~3%.
ETH sits around $2,560, underperforming with a sharper drop.
Total market cap holds near $2.8T. BTC dominance ~59%.
Leverage flush hit hard — $500M–$700M in long liquidations. Macro headwinds (higher oil, rising yields, geopolitical tension) are keeping risk appetite in check. Sentiment still in Greed but cooling.
Key levels:
• BTC support $82K–$83K | Resistance $86.5K–$87K
• ETH support $2,500–$2,600
Range-bound with a mild corrective bias until BTC reclaims $86K+ with volume. Stay selective — quality over chase.
#Bitcoin #CryptoMarket #BTC #Altcoins #Binance