This Bitcoin rally looks more like a bull trap than the start of a new bull market.
While BTC has added nearly $100B in market cap over five days, the data doesn't support the idea that $81K was the cycle bottom. In true uptrends, Bitcoin and BTC dominance lead. This time, altcoins are outperforming while dominance falls-typical of a relief rally.
Whale behavior confirms this. Wallets holding 100-1,000 BTC remain net sellers, and apparent demand continues to trend lower, a pattern seen after cycle tops.
Bitcoin may still push toward $102K-$104K near the 200-day SMA, but historically such rallies don't break prior highs and are followed by renewed downtrends.
Macro conditions also argue for caution. The ISM index is at a 14-month low, and major rallies have only occurred when ISM is above 50-likely not until 2026.
šØ ALERT: šŗšøš»šŖ The Southern District of New York has indicted Venezuelan President NicolĆ”s Maduro and his wife, escalating international legal pressure on the regime.
šµš° Pakistan has seen a notable acceleration in digital payments, with online retail transactions reaching 2.8 billion during July-September-up 10% from the previous quarter-while their total value rose 6% to Rs166 trillion.
According to the State Bank of Pakistan, the growth was driven largely by increased use of mobile banking apps and wider digital adoption by consumers and businesses.
Digital channels now account for nearly 90% of all retail payments, led by mobile banking, with fund transfers dominating both transaction volume and value-underscoring Pakistan's shift toward a more cash-lite financial ecosystem.
Silver prices retreated after reaching a historic peak, reflecting a natural market correction.
After touching an all-time high of $84 per ounce, prices eased by approximately 5%, following a strong rally. Tight supply conditions and demand imbalances pushed spot delivery premiums up by 7%, highlighting ongoing market stress.
Notably, China's silver inventories have fallen to their lowest levels since 2015, compounded by tighter U.S. import restrictions. These dynamics have increased market sensitivity, making short-term pullbacks expected after such substantial gains.
Overall, the recent decline appears to be a healthy consolidation rather than a shift in the broader market trend.
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