6,400,000 $BTC (~520B USD) underwater.
Thursday's dip below $81K — lowest since Sept 21 — pushed 6.4M coins into loss per Glassnode. Biggest surrender print since Sept 18.
But bottom-callers are early: 13.7M BTC are still in profit. More than 2:1.
Bear-market bottoms print when profit supply ≈ loss supply. Summer: 10.5M coins at loss with BTC at $60K. Nowhere near that ratio. Capitulation has another leg left.
Tonight's US session decides the weekend. 21:00 WIB: UMich sentiment — consensus 47.7, last 48.1, 1y inflation expectations 3.4%. In a shutdown data blackout, this is the only number left that can move markets. KC Fed's Schmid speaks today too.
80K is the line. Lose it, next cushion is the 50 MA at ~77K. Reclaim 82.8K and 84–85K is back in play.
$BTC parked at ~81.6K into all of it. Hot print + sticky inflation expectations = risk-off into a weekend with CPI (Oct 14) looming. Positioned for the downside trigger, not the bottom.
$ETH
#Bitcoin #Macro #Crypto
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6.400.000 BTC (~$520B USD) underwater.
Turunnya Kamis di bawah $81K — terendah sejak 21 Sept — mendorong 6,4 juta koin ke posisi rugi menurut Glassnode. Print surrender terbesar sejak 18 Sept.
Tapi yang manggil bottom kecepetan: 13,7 juta BTC masih profit. Lebih dari 2:1.
Bottom bear market tercetak pas supply profit ≈ supply loss. Musim panas: 10,5 juta koin rugi pas BTC di $60K. Masih jauh dari rasio itu. Capitulation masih ada satu kaki lagi.
Sesi US malam ini nentuin arah weekend. 21:00 WIB: sentimen UMich — konsensus 47,7, sebelumnya 48,1, ekspektasi inflasi 1 tahun 3,4%. Di tengah data blackout shutdown, ini satu-satunya angka yang bisa gerakin market. KC Fed Schmid juga pidato hari ini.
80K garisnya. Jebol, bantalan berikutnya MA-50 di ~77K. Reclaim 82,8K dan 84–85K balik ke meja.
BTC parkir ~81,6K menghadapi semua ini. Print hot + inflasi nempel = risk-off masuk weekend dengan CPI (14 Okt) di depan mata. Gue posisikan buat trigger bawahnya, bukan buat bottom-nya.
Thursday's dip below $81K — lowest since Sept 21 — pushed 6.4M coins into loss per Glassnode. Biggest surrender print since Sept 18.
But bottom-callers are early: 13.7M BTC are still in profit. More than 2:1.
Bear-market bottoms print when profit supply ≈ loss supply. Summer: 10.5M coins at loss with BTC at $60K. Nowhere near that ratio. Capitulation has another leg left.
Tonight's US session decides the weekend. 21:00 WIB: UMich sentiment — consensus 47.7, last 48.1, 1y inflation expectations 3.4%. In a shutdown data blackout, this is the only number left that can move markets. KC Fed's Schmid speaks today too.
80K is the line. Lose it, next cushion is the 50 MA at ~77K. Reclaim 82.8K and 84–85K is back in play.
$BTC parked at ~81.6K into all of it. Hot print + sticky inflation expectations = risk-off into a weekend with CPI (Oct 14) looming. Positioned for the downside trigger, not the bottom.
$ETH
#Bitcoin #Macro #Crypto
---
6.400.000 BTC (~$520B USD) underwater.
Turunnya Kamis di bawah $81K — terendah sejak 21 Sept — mendorong 6,4 juta koin ke posisi rugi menurut Glassnode. Print surrender terbesar sejak 18 Sept.
Tapi yang manggil bottom kecepetan: 13,7 juta BTC masih profit. Lebih dari 2:1.
Bottom bear market tercetak pas supply profit ≈ supply loss. Musim panas: 10,5 juta koin rugi pas BTC di $60K. Masih jauh dari rasio itu. Capitulation masih ada satu kaki lagi.
Sesi US malam ini nentuin arah weekend. 21:00 WIB: sentimen UMich — konsensus 47,7, sebelumnya 48,1, ekspektasi inflasi 1 tahun 3,4%. Di tengah data blackout shutdown, ini satu-satunya angka yang bisa gerakin market. KC Fed Schmid juga pidato hari ini.
80K garisnya. Jebol, bantalan berikutnya MA-50 di ~77K. Reclaim 82,8K dan 84–85K balik ke meja.
BTC parkir ~81,6K menghadapi semua ini. Print hot + inflasi nempel = risk-off masuk weekend dengan CPI (14 Okt) di depan mata. Gue posisikan buat trigger bawahnya, bukan buat bottom-nya.