WARNING!!!
Crypto vs. Stocks: the great divergence of late October
Binancians, the situation in the market is interesting and a bit unsettling 👀
While stock indices continue to soar (S&P 500 and Nasdaq are hitting new highs), cryptocurrencies are taking a sharp pause.
📉 Bitcoin has broken the 113K $ mark, and Ethereum has fallen below 4,000 $.
All this while volumes remain high and leverage in futures is deflating rapidly.
Why is this happening?
Institutional investors are rebalancing after weeks of stock market rally.
Cryptos are paying the price of a temporary “risk-off” sentiment.
And regulatory news from Europe and the USA is not helping (see MiCA and SEC pressures).
When everything seems “tired”, the market often prepares the next move.
Those with experience know that these phases of low confidence and high volatility are where the next opportunities are built.
💡 What to do as a trader on Binance?
Stay calm, do not chase the candles.
Reduce leverage if you are trading in futures.
Watch the key levels: 111K for BTC and 3,900 $ for ETH could act as support.
And remember: volatility is the fuel for the trader, but you need to know how to manage it 🔥
