CRYPTO MARKET CRASH - 942M LIQUIDATED | My Trading Plan Today
The crypto market is facing heavy selling pressure today after hot US CPI data (3.7% YoY).
Market Update 15 Oct:
BTC trading at 81,677 (-2.06%). Key Support: 81,300 - 81,500. If this breaks, next is 80,000. Resistance at 82,500 - 83,000.
ETH trading at 2,418 (-3.14%). Support at 2,300 - 2,320. This is weaker than BTC.
Liquidation Data: 942M liquidated in last 24H, 91% were LONG positions. Binance accounted for 53.7% of it.
Which coin has highest chance to win today?
For safe trading and high volume, BTC remains Number 1 with 28.4B 24H volume and 52.3% dominance. For short-term scalp, ETH has higher volatility but higher risk.
My Strategy (Not Financial Advice):
1. No leverage - 180,000 traders liquidated yesterday due to 10x leverage
2. Spot DCA near support zones only
3. Watch ETF flows and Fed meeting on Oct 28
4. BTC Dominance is rising - focus on BTC first
On-chain: 63% of BTC supply has not moved in 1 year. Long-term holders are still confident.
What is your plan? Are you buying this dip or waiting for 80k?
$BTC $ETH $BNB
#BinanceSquare #writetoearn #CryptoAnalysis
The crypto market is facing heavy selling pressure today after hot US CPI data (3.7% YoY).
Market Update 15 Oct:
BTC trading at 81,677 (-2.06%). Key Support: 81,300 - 81,500. If this breaks, next is 80,000. Resistance at 82,500 - 83,000.
ETH trading at 2,418 (-3.14%). Support at 2,300 - 2,320. This is weaker than BTC.
Liquidation Data: 942M liquidated in last 24H, 91% were LONG positions. Binance accounted for 53.7% of it.
Which coin has highest chance to win today?
For safe trading and high volume, BTC remains Number 1 with 28.4B 24H volume and 52.3% dominance. For short-term scalp, ETH has higher volatility but higher risk.
My Strategy (Not Financial Advice):
1. No leverage - 180,000 traders liquidated yesterday due to 10x leverage
2. Spot DCA near support zones only
3. Watch ETF flows and Fed meeting on Oct 28
4. BTC Dominance is rising - focus on BTC first
On-chain: 63% of BTC supply has not moved in 1 year. Long-term holders are still confident.
What is your plan? Are you buying this dip or waiting for 80k?
$BTC $ETH $BNB
#BinanceSquare #writetoearn #CryptoAnalysis