$BTC has officially filled its CME gap between 111,000 and 113,000 dollars earlier this week. After a few days of sideways movement, the market confirmed the gap closure and is now showing signs of slowing momentum.
BTC Traders note that this zone was a strong technical target, and with it now filled, the market could see a short-term pullback unless new buying pressure steps in.
However, long-term investors still see this phase as a healthy correction after strong rallies earlier in the month. The next key resistance is near 115,000, while support remains around 109,000.
Usually October gives $BTC a strong push, often called “Uptober.” But this year the trend flipped. Bitcoin is trading around 110,000 dollars, down from early October highs near 125,000.
Experts say weak global liquidity and low institutional inflow are slowing the market$BTC . Unlike past Octobers that ended with strong gains, 2025 looks flat and uncertain.
Still, some traders believe if Bitcoin can hold above 108,000, it may bounce back in November. For now, October ends with caution instead of celebration.
Market Overview The global crypto market cap stands around 3.76 trillion dollars, up slightly by about 0.15 percent in the last 24 hours. Overall, price movement remains calm as traders wait for new momentum.
Bitcoin and Major Coins Bitcoin (BTC) is trading near 112,700 dollars, showing a small daily gain of around one percent. Ethereum (ETH) is close to 4,000 dollars with a gain of about 1.4 percent. Binance Coin (BNB) is around 1,130 dollars, slightly higher than yesterday. XRP has shown one of the stronger moves today, climbing about 4.5 percent to trade near 2.65 dollars. Most other major altcoins are slightly positive but still within their weekly trading range.
Market Sentiment The overall sentiment remains neutral. Traders are cautious after recent price swings, and many expect a breakout only if Bitcoin pushes clearly above 113,000 dollars. Large holders, often called whales, continue to accumulate BTC, which could support prices in the coming weeks.
What’s Driving the Market The market is reacting mainly to global financial signals such as inflation updates and interest rate comments from major economies. No major regulatory shocks or exchange issues have appeared this week, which is helping stability. Some positive news around institutional activity and licensing in Europe is adding mild confidence.
What to Watch - Bitcoin support is near 110,000 dollars and resistance around 113,500. - Ethereum’s next key level is near 4,100 dollars. - Altcoins may show stronger recovery only if Bitcoin breaks out. - Upcoming US and EU inflation data could shift market direction quickly.
Bottom Line The crypto market is stable but still waiting for a big move. Short-term traders should watch key levels closely, while long-term investors can take advantage of this quiet phase to plan entries carefully.
Big news shaking the crypto world today. Former U.S. President Donald Trump has officially pardoned Changpeng Zhao (CZ), the founder of Binance, who had earlier been convicted in the U.S. over compliance and money-laundering control failures.
What this means: CZ is now legally cleared of all charges and is free to return to global crypto operations. Market analysts say this could help Binance rebuild its U.S. presence and attract large-scale investors again.
Trump’s angle: Trump’s camp is calling this a move to support innovation and end what they call the previous “war on crypto.” However, critics argue the pardon may raise questions about possible political or business ties between Trump’s team and Binance leadership.
Market reaction: Crypto traders reacted quickly after the news broke, with mild optimism across major coins. Bitcoin and Binance Coin (BNB) both saw a short-term bounce in volume and sentiment, though prices remain within recent ranges.
Why it matters: • Binance could regain credibility and expand back into the U.S. market. • Trump’s decision signals a friendlier tone toward the crypto industry. • Regulators and lawmakers may now debate how political power influences crypto enforcement.
Bottom line: CZ is back, Binance gets a reset, and U.S. crypto policy might be entering a new phase. Traders should stay alert for more regulatory signals in the coming weeks.
Market snapshot The market feels mixed today. Major coins are holding near support but upside momentum is mu ted and traders are waiting for clearer cues.
Bitcoin & key points Bitcoin is trading around US$109,000 and remains in a consolidatng range after testing lower supports earlier this week. If support holds, a push toward US$115,000-116,000 is possible, but a breakdown below current support would bring fresh selling pressure. Ethereum is hovering near US$3,800 and following BTC moves; altcoins are lagging and showing higher volatility.
Platform news A major Indian exchange relaunched with a 0% trading fee campaign to win back users. Some European fintech firms got new crypto licences, which should help wider adoption over time.
What this means for traders • The market is in a wait-and-see phase rather than a strong breakout. Watch for a clear break above resistance or a decisive drop below support. • Short-term traders should look for volume confirmation before taking big positions. • Long-term investors can use this pause to review positions and consider gradual accumulation if fundamentals still look solid.
Watchlist • BTC: key ranges to watch are about US$104,000 to US$116,000 (breakout or breakdown will set direction). • ETH: monitor correlation with BTC and on-chain flows. • Macro events: upcoming inflation and rate updates can shift sentiment fast.
Bottom line Market is stable but cautious. Keep stops tight, manage risk, and wait for a clear signal before committing large size.
Global Market: The global crypto market cap has seen a slight uptick of about 1.3%, now hovering around US$3.8 trillion. Impressively, around 80 of the top 100 coins have posted gains over the last 24 hours.
Major Coins: Bitcoin (BTC) is trading close to US$109,789, while Ethereum (ETH) is sitting at about US$3,875. The momentum seems a bit sluggish, as recent data hints at potential demand exhaustion, which might make bullish traders a bit cautious.
Regulatory and Institutional Updates: Revolut has just snagged a new crypto license in Cyprus, paving the way for it to broaden its services throughout the European Union. This is a promising sign of ongoing institutional growth in the crypto space.
In the U.S., the Senate is still grappling with its digital assets bill. Leaders from crypto companies are advocating for progress, but the outcome remains up in the air.
Meanwhile, in India, WazirX is gearing up to restart operations on 24 Oct with a campaign offering 0% trading fees, aiming to regain market share and rebuild user trust.
Key Takeaways: • The market is currently in a consolidation phase with few breakout signals. • Volatility is still high, and the overall direction remains unclear. • Institutional advancements are happening, but regulatory hurdles persist. • Short-term traders should keep an eye on BTC and ETH price ranges for any potential breakout opportunities. • Long-term investors might want to consider accumulating during these low momentum periods.
Upcoming Focus: Traders should keep a close watch on global inflation reports and interest rate updates, as these factors are likely to sway market sentiment and capital flow.
Today, we witnessed a sharp and sudden drop in the crypto market — with prices falling by nearly 50–70%. This crash was likely triggered by a major whale sell-off.
Possible reasons? There’s speculation that large holders — possibly from China — offloaded their Bitcoin holdings. Others believe that market makers sold off and then bought back in, triggering liquidations of long positions to shake out retail traders.
But amidst all this volatility, here's a heartfelt reminder:
📉 Crypto is risky. Always calculate your risks carefully before entering any trade. ❤️ Your health is your real wealth. No investment is worth your peace of mind or well-being.
Money lost can be made back. Health, once lost, is much harder to regain. So please — take care of yourself, think wisely, and don’t let the market dictate your happiness.
Always Protect your capital First. And your health is the most priority.