With a 10% rise in BTC, more than $10.4 billion in shorts will disappear from the market, and with a 10% drop — longs worth $3.79 billion.
❗️The imbalance is obvious: the volume of shorts is three times higher. This creates ideal conditions for a short squeeze — just a small upward impulse is enough to force the bears out of their positions. #BTC $BTC
BTC is consolidating around $106,700 — the market is in anticipation. After a series of impulses, the asset transitioned into a range, and the current calm is related to the weekend when trading activity decreases.
❗️Key resistance — the zone of $107,000 – $107,600 (imbalance). As long as the price does not establish itself above, there remains a risk of a decline to $104,000 – $102,000.
It is better to wait for clear dynamics to appear before opening positions🤔 #MarketPullback $BTC
🔫The CS2 skin market has reached a historical maximum — capitalization exceeded $6 billion.
The growth is explained by the activity of Chinese collectors, who are massively buying rare items.
Meanwhile, the crypto market is experiencing a "hangover," and there are rumors circulating that Trump is intentionally pressing prices down to sell gold at peaks and then buy crypto for U.S. reserves before the next pump😉
😷New hope: gold peaks often indicate a bottom for BTC
Gold peaks may signal the beginning of a parabolic rise in Bitcoin, but this does not occur if the gold peak coincides with the rise of USD, as it did in March 2022.
ETH has crossed the imbalance zone of $3,900–$3,830 and has begun to show weakness. The chart indicates a slowdown in growth and a reaction from sellers at the resistance area.
🐻The priority remains bearish: a move towards $3,750–$3,650 is expected, where the next liquidity zone is located.
❗️A consolidation below $3,830 will confirm seller control and increase pressure on the market. #ETH $ETH
Institutional investors are increasing pressure on the market — there were no purchases of spot ETFs yesterday, only sales. The main unload came from BlackRock, which additionally pulled the price down.
🔽Net capital outflow: BTC-ETF — –$366.6 million ETH-ETF — –$232.3 million
Against this backdrop, some players are going against the trend: the BitMine fund purchased 72,898 ETH for $281 million. It seems that while large funds are exiting positions, others are quietly picking up liquidity from below🤔$BTC $ETH #MarketPullback #ETH #BTC
After a brief pause, BTC is stuck in a sideways movement around $106,900 again. Buyers are holding the level, but the movement seems more like preparation for a new impulse downward.
❗️The $107,200–$107,800 zone with imbalance remains key resistance—this is where the selling activity is concentrated. As long as BTC is not established above this range, the risk of a decline to $102,000–$100,000 remains.
The market structure remains bearish, so it’s not advisable to catch random bounces—the bottom has likely not yet been reached🤔 #MarketPullback #BTC $BTC
And again, for the second day in a row - about BTC and gold
And again, for the second day in a row - about BTC and gold. Following up on yesterday's post. Gold has reached a new historical high - over $4300 per ounce. Being the first asset in the world with a market capitalization of more than 30 trillion. Following the queues for purchases in Australia - videos have appeared on the network showing not queues, but a whole crowd buying gold in Vietnam.
Trump and his team have begun to gradually inject positivity into the markets regarding the trade conflict with China. First of all, the President of the United States stated that he will meet with Xi Jinping in two weeks. He added that high tariffs on Chinese goods cannot last long. And that 100% tariffs are unmanageable. He expressed confidence that the relationship with China will be "just fine" for the States. Additionally, U.S. Treasury Secretary Scott Bessen will have a phone conversation today with the Vice Premier of the State Council of China. This will be the first conversation between them since China announced new export control measures, and the U.S. responded by announcing additional 100% tariffs. Furthermore, Trump’s economic advisor Hassett stated that the U.S. is not in a state of war with China and expressed confidence that relations will improve. He also added that he expects three more rate cuts this year. How that will happen, given there are only two Federal Reserve meetings left this year, is unclear. Trading news is a thankless task. But as a background and triggers for working out technical signals, it is always taken into account. #TRUMP
🔸«Binance shaves long positions» – rumors are circulating that the exchange is manipulating the market by selling BTC and ETH for hundreds of millions of dollars. #BinanceHODLerENSO #BTC $BTC $ETH
According to CryptoQuant, the level of $106,000 remains the main wall preventing further decline to $100,000 and below.
😱The market, meanwhile, is preparing for the first 'Red October' since 2018 — for the first time in seven years, UPTOBER may close in the negative. On Polymarket, 33% of traders are betting on BTC dropping below $100,000. $BTC #Ripple1BXRPReserve #MarketPullback #BTC