📊 ChainByte Media Market Recap: October 11 – 18, 2026

The crypto markets underwent major leverage flushes this week, but key support floors held firm across top assets. Here is your weekly technical summary:

🔹 Bitcoin ($BTC ):
After facing resistance early in the week, BTC dipped into the $81,000–$82,000 liquidation zone. On-chain order book data showed aggressive whale bid walls absorbing selling pressure, confirming strong demand at lower bounds.

🔹 Ethereum ($ETH ):
ETH successfully defended key support near $2,300–$2,400, providing a baseline for broader market stabilization as total crypto market cap recovered toward $2.76 Trillion.

🔹 Derivatives & Market Structure:
The derivative liquidations effectively cooled overheated funding rates across Binance Futures, establishing a much healthier market reset going into the second half of October.

🎯 Next Week Pivot Levels:
• Watch 4-Hour candle closes above $82,500 BTC for breakout confirmation.
• Key ETH resistance target sits at $2,450.

Disclaimer: Content is for educational and informational purposes only and does not constitute financial advice (NFA).

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