Key Highlights: Algorithmic trading firm Wintermute warns that repeated tests of $80,000 have turned the price level into a pivotal threshold for Bitcoin. Losing the $80,000 support could expose Bitcoin to downside targets at $76,000 and potentially the $70,000 zone. Upcoming macroeconomic events—notably the Federal Reserve’s rate decision on October 28 and PCE inflation figures ...
Key Highlights Fading treasury demand and a $13 billion drop in stablecoin liquidity from its May peak have left Bitcoin heavily reliant on volatile spot ETF flows. Institutions are actively hedging downside risk ahead of the upcoming Federal Reserve interest rate decision and renewed U.S.-Iran geopolitical tensions, pushing the 25-Delta Skew up to 15% for ...
Key Highlights: Glassnode identifies the $85,000–$87,500 range as Bitcoin’s most significant resistance zone, with dense sell orders and major futures liquidation clusters concentrated at $85,000 and $87,000. Spot Bitcoin ETFs recorded a net inflow of $653 million on October 19, but Glassnode cautions the move occurred on low trading volume, meaning a sustained demand recovery ...
Ethereum Price Drops Below $2,500 After Failed Breakout Above $2,600 Ethereum (ETH) traded near $2,475 on September 15 after declining approximately 2% over the previous 24 hours, according to data from crypto.news. The pullback followed a sharp rejection above the $2,600 resistance level, where buyers failed to sustain a breakout. Daily Price Action and Key ...
XRP’s brief August rally has lost momentum, with the token’s price retreating to the $1.34–$1.37 range. Daily volatility has nearly evaporated, evidenced by Bollinger Bands tightening into a narrow horizontal line on the daily chart, according to TradingView data. Historically, this state of “anti-volatility” signals only one outcome for XRP: the market is hitting pause. ...