Correction Occurs, Bitcoin and Altcoins Move into the Red Zone
The global cryptocurrency market is experiencing an unfavorable day today. After a period of fairly stable gains, the prices of major digital assets, including Bitcoin and Ethereum, are under selling pressure, causing most of the market to move into the red zone. Bitcoin Slips Below Key Level The largest cryptocurrency, Bitcoin (BTC), is back in the spotlight after its price slipped from a crucial psychological level. According to data this morning, the price of Bitcoin was recorded down about 1.21% in the last 24 hours, trading around $106.874 per coin. Daily trading volume shows an increase in selling activity, indicating that investors are taking steps to realize profits after previous gains, or reacting to less supportive macroeconomic sentiment.
Just now I tried to analyze and I made the decision to sell, the candle started to drop but suddenly rose drastically. I resigned myself and started to close the laptop because it was almost touching the SL, thank God the important thing is that my capital has returned and I did not end up hitting the SL.
The lesson I take now is not to rush when analyzing and to keep monitoring the news.
Today's Trading Journey: BTC & BNB Still Offering Hope 🚀
The crypto market today is moving dynamically — some areas are red, some green, yet opportunities remain open for those ready to read the direction. From the trading results on Binance Futures, two main positions are currently active: BTCUSDT and BNBUSDT, both showing interesting performance with positive results.
📊 BTCUSDT (Cross 10x) Entered at a price of 111,338.8 USDT, with a position now moving at 110,880.8 USDT, yielding an ROI of +4.15%. This movement indicates a potential rebound signal that is beginning to be felt in the market after previous pressure.
📈 BNBUSDT (Cross 15x) This position is the star of the day. With an entry at 1,187.95 USDT and a mark price of 1,150.656 USDT, the current results show an ROI of +48.17%. The right entry strategy and leverage make this position an example of how risk management can create significant opportunities.
Although ENAUSDT recorded a decline of -2.40%, the overall portfolio today remains in a healthy condition. The main focus remains on discipline and risk management — two important keys that determine consistency in the world of futures trading.
💬 Trading is not about how quickly profits come, but how wisely we endure amidst fluctuations.
🔥 Crypto Market Rebounds After Major Crash After falling due to new US tariffs against China, the crypto market has begun to recover. • Bitcoin rises 2.9%, Ethereum jumps nearly 9%. • Large liquidation worth US$ 19 billion occurred last week. • BlackRock increases crypto investment worth US$ 22.46 billion.
🌍 Regulations & Global Developments • Kenya officially enacts Virtual Asset Law. • Global crypto ETFs record a historic inflow of US$ 5.95 billion. • Indonesia: BTC price approaches Rp 2 billion, crypto tax rises to 0.21% for local transactions.
Bitcoin (BTC) 1.Massive liquidation wave A long position worth approximately US$1.5 billion was liquidated in the last 24 hours, causing the price of Bitcoin to plummet. This liquidation wave is one of the largest since March. 2.Potential fourth quarter (Q4) rally Bitcoin closed September with an increase of about 4.5%, which according to some historical data could signal the beginning of a major rally in Q4 to around US$170,000. 3.Bitcoin as a central bank reserve asset? Strategists at Deutsche Bank assess that Bitcoin is 'almost' ready to become a central bank reserve asset, shifting from merely a speculative asset to an alternative store of value like gold.
I did not find evidence that Jerome Powell explicitly discussed stocks or cryptocurrency in his speech in October 2025 — especially in the "Welcoming Remarks" speech at the Community Bank Conference on October 9, 2025.
Some points to note: • The speech focused on the role of community banks, regulatory challenges, and their relationship with the local community. • He did not provide new guidance on the direction of monetary policy (e.g. interest rate hikes or cuts) in that speech. • In subsequent news reports, several analysts suggested that Powell deliberately chose to "remain silent" on the topic of interest rates as a "strategic omission" — so the market interpreted it as a neutral signal or even indirect support for risk assets like crypto. • As a result, the market reaction to the speech was more influenced by market expectations of future monetary policy and macroeconomic conditions, rather than the direct content of the speech about stocks or crypto.
Latest news related to stocks and crypto in connection with Jerome Powell and The Fed's policy
📉 Stocks & Traditional Markets There are concerns that the monetary policy easing (rate cut) by The Fed could trigger an “everything rally,” which is a surge in prices across almost all asset classes, including stocks, bonds, precious metals, and crypto. Signals that Powell could shift policy to be more dovish — or at least not aggressive — triggered a positive response from high-risk stock investors. Technology stocks and “growth” tend to receive fund inflows when hopes for low interest rates increase.