📊 CRYPTO ASSETS: RESILIENCE IN SPOT CORRIDORS
As of 8:15 AM ET on October 26, $BTC traded near $80,268 after slipping below $80,000 over the weekend, with resistance at $80,900 to $81,000. It has held an $80,000 to $86,000 zone for nearly two weeks as the 30-day high-low spread narrowed from 13% to 6%.
$ETH traded near $2,328 inside a $2,300 to $2,350 band, down about 13% over one month from roughly $2,687. Ethereum spot ETFs logged about $1.07 billion in net October outflows through October 22, while long liquidations and high open interest add pressure and the Fear and Greed Index holds neutral at 50.
🛢️ ENERGY VECTORS: MACRO SUPPLY SHOCKS
Brent crude traded near $109 per barrel and WTI near $98 on October 20, with Brent above $100 through most of October. Crude weakened on October 26, which pressured risk assets heading into the Fed meeting.
Oil and inflation continue to limit hopes for easier monetary policy. For $BTC and $ETH, that keeps the energy backdrop a live macro factor.
🏛️ FEDERAL RESERVE: RATES EXPECTATIONS CLIMB
The Fed raised rates 25 bp to 3.75% to 4.00% on September 16, and most officials expected another hike before year-end. The FOMC decision lands Wednesday, October 28 at 2:00 PM ET, with the press conference at 2:30 PM ET and no dot plot.
A hold is the widely expected outcome, with markets leaning toward December 9 for the next possible hike. The S&P 500 sits near 7,623.68 (-0.52%) and the Nasdaq near 25,955.34 (-0.21%) ahead of the decision.
🎯 TRADER CAPITAL TEST
Position sizing stays the core risk control while $BTC trades inside $80,000 to $86,000 and $ETH works the $2,300 to $2,350 band. Narrowing ranges, ETF outflows and long liquidations are context for exposure, not a promise that ranges will hold.
Waiting for the October 28 decision is one way to avoid committing capital before a key policy event. Levels to watch are $BTC at $80,000 and $80,900 to $81,000, and $ETH at $2,300 to $2,350, alongside the 2:30 PM ET press conference.
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