📰 Main news:
Bitcoin has fallen below its 100-day moving average for the first time since April, intensifying bearish sentiment.
Binance Coin (BNB) has updated its historical maximum, and attention is also focused on institutional moves — including CZ's family office plans to form a treasury of $1 billion in BNB.
In the near future, options on BTC and ETH worth over $14.6 billion will expire, with the market betting on downside protection. The 'max pain' levels are around $116K for BTC and $3.8K for ETH.
BTC has fallen below the critical support at $110K, dropping more than 4% over the week amid whale selling and liquidations totaling $900 million. Additional pressure came from liquidations in ETH and DOGE.
📊 Forecast for 24–72 hours
BTC: Key support is at $110K. A breakdown could open the way to $105–108K. A return above $112–113K would offer a chance for a rebound.
ETH: The 'max pain' for options is at $3.8K. A sideways range of $3.8K–$4.0K is expected. A breakout upwards will strengthen the rise; a drop below $3.8K will create the risk of a deeper correction.
BNB: Amid the new ATH, momentum may push the price to $920–950 if institutional flows are confirmed. Consolidation and profit-taking are possible.
✅ What should a trader do today
BTC — carefully monitor the support at $110K; do not open longs without a confident return above $112K.
ETH — trade cautiously within the range of $3.8K–4.0K, considering high volatility.
BNB — consider buying on dips if the $1 billion treasury story is confirmed.
Options — be ready for sharp market movements around max pain levels.
