Tap the live $BTC and $ETH widgets below to analyze open positions.
🌐 Macro Parameters
Binance said on Oct 30 that it is preparing to restore withdrawals in phases, subject to security checks, after a security incident in which about $6.3 billion in assets were affected, and that it reserved more than $6.34 billion in company funds, including about $5 billion already held in the affected token assets. The Fed held at 3.75%-4.00% in a 10-2 vote on Oct 28, ahead of the US midterm elections on Tuesday, Nov 3.
📊 Market Structure
$BTC is near $77,100, down about 0.9% on the day and about 4.3% on the week, sitting on its 200-day average near $76,400 to $76,600, while $ETH is near $2,245 with support at $2,208 and $2,156 and $2,300 as the level to win back. US spot $BTC ETFs lost $643 million on Oct 30 and spot $ETH ETFs lost $156 million for a fifth day in a row, as about $427 million in liquidations hit in 24 hours and the Fear and Greed Index stood near 30, in Fear.
💧 Allocation Framework
The defensive framework emphasizes cash and short-duration exposure until withdrawals resume and ETF flows stabilize. The alternative is holding $BTC and $ETH above $75,000 and $2,208, respectively.
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💬 Risk-on or risk-off?
#BTC #ETH #Crypto #BinanceSquare
🌐 Macro Parameters
Binance said on Oct 30 that it is preparing to restore withdrawals in phases, subject to security checks, after a security incident in which about $6.3 billion in assets were affected, and that it reserved more than $6.34 billion in company funds, including about $5 billion already held in the affected token assets. The Fed held at 3.75%-4.00% in a 10-2 vote on Oct 28, ahead of the US midterm elections on Tuesday, Nov 3.
📊 Market Structure
$BTC is near $77,100, down about 0.9% on the day and about 4.3% on the week, sitting on its 200-day average near $76,400 to $76,600, while $ETH is near $2,245 with support at $2,208 and $2,156 and $2,300 as the level to win back. US spot $BTC ETFs lost $643 million on Oct 30 and spot $ETH ETFs lost $156 million for a fifth day in a row, as about $427 million in liquidations hit in 24 hours and the Fear and Greed Index stood near 30, in Fear.
💧 Allocation Framework
The defensive framework emphasizes cash and short-duration exposure until withdrawals resume and ETF flows stabilize. The alternative is holding $BTC and $ETH above $75,000 and $2,208, respectively.
━━━━━━━━━━━━━━
💬 Risk-on or risk-off?
#BTC #ETH #Crypto #BinanceSquare
