📊 BTC is hovering near $80K, and selling pressure appears to be easing.
Glassnode’s CVD data shows selling pressure has dropped significantly compared with 2025. However, buying momentum remains weak, with CVD turning negative again across major exchanges.
👉 The key question: Can buyers absorb the remaining selling pressure? The early bull phase may continue with consolidation and pullbacks before a sustained uptrend begins.
Glassnode’s CVD data shows selling pressure has dropped significantly compared with 2025. However, buying momentum remains weak, with CVD turning negative again across major exchanges.
👉 The key question: Can buyers absorb the remaining selling pressure? The early bull phase may continue with consolidation and pullbacks before a sustained uptrend begins.
📊 Recent $BTC buyers have moved out of the major sell zone.
In late September, nearly all short-term holder supply was in profit. That figure has now cooled to around 70%, reducing some profit-taking pressure.
📈 This could create a more favorable setup for buyers compared with a month ago, provided demand returns and BTC regains its bullish momentum.
In late September, nearly all short-term holder supply was in profit. That figure has now cooled to around 70%, reducing some profit-taking pressure.
📈 This could create a more favorable setup for buyers compared with a month ago, provided demand returns and BTC regains its bullish momentum.
Crypto Analytic Z
Bitcoin continues to trade within the support area, and there is nothing new in the market. The price needs to remain above this support area; otherwise, the outlook will turn bearish.
Bitcoin was able to hold the support area and bounced from there. The next resistance is in the $82,500-$83,000 range, and the price needs to break above it to continue the upward movement.
📅 FOMC Rate Decision: 18:00 UTC today (October 28).
🎙 Fed Chair’s Press Conference: 18:30 UTC.
🎙 Fed Chair’s Press Conference: 18:30 UTC.
📊 Hyperliquid whales have turned net short on $BTC for the first time since March.
This group successfully caught the previous tom, but its positioning flipped last week. 📉
👉 The big question: Are whales anticipating a deeper correction, or could they get caught in a short squeeze if BTC moves higher?
The next price move will reveal whether the bears are right or positioned too early. 📈
This group successfully caught the previous tom, but its positioning flipped last week. 📉
👉 The big question: Are whales anticipating a deeper correction, or could they get caught in a short squeeze if BTC moves higher?
The next price move will reveal whether the bears are right or positioned too early. 📈
Crypto Analytic Z
📅 FOMC Rate Decision: 18:00 UTC today (October 28). 🎙 Fed Chair’s Press Conference: 18:30 UTC.
🇺🇸 BREAKING: The Federal Reserve has left interest rates unchanged.
Crypto Analytic Z
Bitcoin was able to hold the support area and bounced from there. The next resistance is in the $82,500-$83,000 range, and the price needs to break above it to continue the upward movement.
Bitcoin is again testing the support area, and let's see how it reacts there. A break below this zone will bring some selling in the market.
📊 Bitcoin is quiet, but the underlying market signals are shifting.
Long-term holders still hold BTC bought above $85K, though losses on each dip are getting smaller. Meanwhile, stocks are outtrading Bitcoin perpetuals on Hyperliquid, and altcoin breadth is weakening.
👉 The market remains at a critical point. Watch for a shift in demand and whether altcoins can regain momentum before BTC makes its next major move.
Long-term holders still hold BTC bought above $85K, though losses on each dip are getting smaller. Meanwhile, stocks are outtrading Bitcoin perpetuals on Hyperliquid, and altcoin breadth is weakening.
👉 The market remains at a critical point. Watch for a shift in demand and whether altcoins can regain momentum before BTC makes its next major move.
BREAKING: World’s largest crypto exchange Binance hacked with over $5.6 billion stolen:
• $1.45 billion #BTC
• $875 million #ETH
• $234 million #TRX
• $50 million #XAUT
• $1.57 billion #USDT
• $823 million #USDC
• $75 million #WBETH
• $88.5 million #RLUSD
+ $447.5 million additional cryptocurrencies This is the largest hack in crypto history.
• $1.45 billion #BTC
• $875 million #ETH
• $234 million #TRX
• $50 million #XAUT
• $1.57 billion #USDT
• $823 million #USDC
• $75 million #WBETH
• $88.5 million #RLUSD
+ $447.5 million additional cryptocurrencies This is the largest hack in crypto history.
Crypto Analytic Z
Bitcoin is again testing the support area, and let's see how it reacts there. A break below this zone will bring some selling in the market.
Bitcoin experienced a significant drop following news of the Binance hack. The price fell below the support level, indicating a liquidity grab. It is possible that the price may revisit the $76,000 support area to hunt for liquidity. Currently, the resistance level is around $80,000.
🚨 Binance Hack Update
Binance says it has reserved over $6.34 billion in company funds to cover the incident.
💰 $5 billion is already held in the exact token assets affected.
🔄 Binance is purchasing the remaining assets through market and OTC channels to cover any shortfalls. This may take time due to low liquidity in some tokens and OTC settlement delays.
Binance says it will share further updates as the process progresses.
The key focus now is restoring the affected assets and maintaining market confidence. 📊
Binance says it has reserved over $6.34 billion in company funds to cover the incident.
💰 $5 billion is already held in the exact token assets affected.
🔄 Binance is purchasing the remaining assets through market and OTC channels to cover any shortfalls. This may take time due to low liquidity in some tokens and OTC settlement delays.
Binance says it will share further updates as the process progresses.
The key focus now is restoring the affected assets and maintaining market confidence. 📊
FET analysis:
The price is currently trading at a support level, which suggests that we could see a bounce from this point. You might consider opening long positions here, but make sure to set a tight stop-loss. Additionally, there is a falling wedge pattern forming; a breakout from this pattern could lead to significant upward movement in the market.
The price is currently trading at a support level, which suggests that we could see a bounce from this point. You might consider opening long positions here, but make sure to set a tight stop-loss. Additionally, there is a falling wedge pattern forming; a breakout from this pattern could lead to significant upward movement in the market.
Crypto Analytic Z
Bitcoin experienced a significant drop following news of the Binance hack. The price fell below the support level, indicating a liquidity grab. It is possible that the price may revisit the $76,000 support area to hunt for liquidity. Currently, the resistance…
Bitcoin continues to trade near the support area. The price has already taken liquidity around this support level, and let's see how things will move from here.
🚨 The Largest Hack in Crypto History
Yesterday’s Binance incident is estimated to have affected over $6 billion, exceeding the combined total of the next nine largest crypto hacks.
📊 The previous record was the $1.5 billion bit hack in February 2025.
⚠️ Three of the 10 largest crypto hacks have occurred since 2025, all involving exchanges.
Crypto security remains a major concern. Stay alert and manage your risk carefully.
Yesterday’s Binance incident is estimated to have affected over $6 billion, exceeding the combined total of the next nine largest crypto hacks.
📊 The previous record was the $1.5 billion bit hack in February 2025.
⚠️ Three of the 10 largest crypto hacks have occurred since 2025, all involving exchanges.
Crypto security remains a major concern. Stay alert and manage your risk carefully.
Crypto Analytic Z
Bitcoin continues to trade near the support area. The price has already taken liquidity around this support level, and let's see how things will move from here.
Bitcoin is gradually moving upward, but this movement is not trusted due to the weekend. We may experience quick ups and downs throughout the day. Let’s see how things unfold on Monday.