$BTC traders are focused on the Fed, but Thursday could matter even more 📅
Thursday, Oct 29 (UTC):
• 12:30: US September PCE inflation, the Fed's preferred inflation gauge
• 12:30: First estimate of Q3 GDP
• After the US close: Amazon and Intel earnings
Why PCE matters: the Fed raised rates in September because inflation stayed sticky. If PCE comes in hot, talk of another hike in December will grow, and that's usually bad for risk assets. A soft reading would take pressure off.
Why GDP matte...
🟢 LONG $ZEC /USDT: expecting price to go UP
Bias: LONG · Strong
Entry: 1311.19 – 1315.93
TP1: 1347.46 (+2.6%)
TP2: 1370.06 (+4.3%)
TP3: 1403.96 (+6.9%)
SL: 1268.36 (-3.4%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Everyone calls ZEC overextended right now.
Why LONG? 7/12 signals agree, 1 against.
• Daily trend up (above EMA50 & EMA200)
• 1h trend up (above EMA50 & EMA200)
• Buyers are driving the move (15m ADX 29.5)
Risk...
$BTC Making a Good Comeback ... But Bulls Still Have Work to Do
Bitcoin bounced strongly from 79,300 and is now back above 81,000.
Still 82,500 remains a strong resistance.
Bulls must reclaim 82,500 before we can expect the next major bullish move towards 84,000 – 85,500.
As long as resistance holds, another rejection is still possible.
Good recovery so far ... But breakout confirmation is still missing.
Trade on $BTC
{future}(BTCUSDT)
Here’s What I’m Watching on $EVAA
First, look at the Open Interest. $EVAA OI is around $12.8M, up 194.19% in the last 24 hours. This shows a sharp increase in open positions.
We can also see that around 55% of traders are long, while 45% are short. So, slightly more traders are expecting the price to move higher.
Now, look at the funding rate. Binance is at +0.0461%, while Bybit is at +0.0100%. This means long traders are paying short traders on both exchanges.
The volume chart also shows ...
After a long rest, buyers stepped in again.
🟢 LONG $BTC /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 80864.59 – 80946.21
TP1: 81582.06 (+0.8%)
TP2: 82033.16 (+1.4%)
TP3: 82709.82 (+2.2%)
SL: 80003.19 (-1.1%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why LONG? 4/12 signals agree, 1 against.
• Daily trend up (above EMA50 & EMA200)
• Buyers are driving the move...
BNB is leaning long while the 15m trend stays bearish
🟢 LONG $BNB /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 745.087 – 745.873
TP1: 752.199 (+0.9%)
TP2: 756.679 (+1.5%)
TP3: 763.398 (+2.4%)
SL: 736.521 (-1.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why LONG? 5/12 signals agree, 2 against.
• Daily trend up (above EMA50 & EMA200)
• 1h trend up (above EMA5...
ETH looks ripe for a squeeze while the daily range holds.
🟢 LONG $ETH /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 2345.94 – 2349.14
TP1: 2375.53 (+1.2%)
TP2: 2394.19 (+2.0%)
TP3: 2422.19 (+3.2%)
SL: 2310.22 (-1.6%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why LONG? 3/12 signals agree, 1 against.
• Buyers are driving the move (15m ADX 20.7)
• BTC is rising,...
$BTW Is Up 59%, But Whales Are Building a Massive Sell Wall!
Guys, this one looks interesting!
$BTW has pumped 59% in just 24 hours, but the order book is telling a different story.
Sell walls dominate at 88%, while buy walls make up only 12%. A huge $1.23M sell wall is adding serious resistance.
I'm watching $1.60 closely. If buyers absorb those sell orders and break above it, another rally could follow. But if sellers stay in control, we might see a sharp pullback.
Are bulls strong en...
🇧🇷 Big changes are coming for Binance users in Brazil, with October 27–30 marking an important transition.
Binance has applied for authorization to operate as a virtual asset service provider in Brazil. Its local entity, BBrasil, reportedly filed the application on October 23, ahead of the October 30 regulatory deadline.
The application is not an approval, but operational changes are already underway.
Starting October 27, Brazilian users can no longer open new positions in eight products an...
Gold and silver rebound ahead of the Fed decision
Spot gold rose 1.07% to $4,059.30 on Tuesday, recovering above $4,050. Silver gained 0.83% to $54.30. Lower oil prices helped ease near-term inflation concerns, supporting a New York session rebound despite a firmer dollar and stronger U.S. data.
WTI traded near $100 and Brent around $114 amid diplomatic signals around Iran and Hormuz. The 10-year Treasury yield was near 4.99%, while DXY held around 102.23. Markets are pricing in a 90%+ chance ...