In this video: Hold or Fold - Bitcoin Drops Hard. The One Level Bulls Need to Defend. Video by CryptoCache.
BTC Bitcoin Analysis 0:00
ETH Ethereum Analysis 9:56
SOL Solana Analysis 12:37
XRP Ripple Analysis 15:06
SUI Analysis 17:27
HYPE Analysis 20:57
Key Support ($80,200 – $81,000): After digesting a steep $771 million leverage wipeout earlier in the week, buyers successfully defended a drop to $81,000. The 50-day Exponential Moving Average (EMA) sits near $80,200 to $81,000, presenting a crucial defensive baseline for the bulls.
• Hotter CPI Inflation Report: Bitcoin and other risk assets faced pressure following a higher-than-expected U.S. Consumer Price Index (CPI) report showing September inflation rose 3.7% year-over-year (vs. 3.6% expected).
• Fed Rate Odds Shift: CME Group’s FedWatch tool shifted odds to a roughly 50-50 chance of a 25-basis-point Federal Reserve rate hike later this month.
• Institutional Activity: Strive recently acquired 2,822 BTC ($235 million), raising its total holdings to 35,595 BTC, while U.S.-listed spot Bitcoin ETFs recorded $175.62 million in inflows on Tuesday following earlier minor outflows.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed.
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