Crypto Rebounds Strongly! ♨️
• Total Market Cap: $3.91T (+4.59% 24h)
• Bitcoin (BTC): Trading between $119,651–$123,763 after retracing from $122K to $111K
• Ethereum (ETH): Recovering steadily after dipping below $3,800
• Market briefly lost $560B during the recent crash before rebounding sharply
Key Drivers
• US–China trade tensions triggered a $200B sell-off on Oct 11
• Tariff shock from Trump’s announcement fueled global uncertainty
• Sentiment improving: Fear Index dropped to 35
• Historically, October favors bullish rallies — momentum returning!
📈 Trading Outlook
• BTC eyeing a breakout above $125K — potential to target $150K–$200K by year-end
• BTC dominance at 58.45%, signaling strong institutional confidence
• ETH dip = Buying opportunity before next leg up
• Watch BTC support at $118K and resistance near $125K
• Diversify portfolio amid ongoing volatility