Fed week, and $BTC is just sitting in a tight box.
Price ~$80,260 (-0.7% 24h), range $79,845-$81,030. Spot BTC ETFs still closed last week with roughly $301M net inflows, ending a two-week outflow streak, but October as a whole is in the red. Mixed signal, mixed tape.
$ETH looks weaker: ~$2,330, -1.2%, lagging BTC again.
The one thing moving: $ENA up ~6.5% on solid volume, leading the large caps. Small cap momentum can reverse fast, not financial advice.
Levels I am watching before the FOMC decision on Oct 28:
- $80K as the pivot
- $81K top of range, a clean break opens room
- below $79.8K and the weekend lows come back into play
My take: nobody wants size before Powell talks, so expect chop until Wednesday.
Are you flat into the Fed, or positioned already?
#Bitcoin #FOMC #CryptoMarket
Price ~$80,260 (-0.7% 24h), range $79,845-$81,030. Spot BTC ETFs still closed last week with roughly $301M net inflows, ending a two-week outflow streak, but October as a whole is in the red. Mixed signal, mixed tape.
$ETH looks weaker: ~$2,330, -1.2%, lagging BTC again.
The one thing moving: $ENA up ~6.5% on solid volume, leading the large caps. Small cap momentum can reverse fast, not financial advice.
Levels I am watching before the FOMC decision on Oct 28:
- $80K as the pivot
- $81K top of range, a clean break opens room
- below $79.8K and the weekend lows come back into play
My take: nobody wants size before Powell talks, so expect chop until Wednesday.
Are you flat into the Fed, or positioned already?
#Bitcoin #FOMC #CryptoMarket