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taishiro
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The Fed holding rates at 3.75%–4.00% was largely expected, but the hawkish tone is keeping risk appetite under pressure.
BTC slipping towards $77,500 despite some ETF inflows is worth paying attention to. It suggests institutional demand alone isn't enough to absorb the current selling pressure.
The $77K level is now particularly important. Losing it convincingly could expose the $76K region and potentially trigger further liquidations as leveraged positions get squeezed.
中宏控股量化账户
【October 30 | BTC Market Analysis】
The Federal Reserve maintained the interest rate at 3.75%–4.00%, but hawkish signals remain, causing short-term market sentiment to be cautious. Although BTC ETF funds have seen some inflow, BTC still dropped to around $77,500.
Key levels:
* Resistance above: $78,500–$80,000
* Support below: $77,000–$76,000
Personal view: Short-term volatility leans bearish; watch if $77,000 can hold. If it breaks and weakness continues, further downside is possible; if it rebounds above $80,000, be wary of a short squeeze-driven rally.
Trading strategy: Combine trend following with grid trading, accumulate profits during oscillations, control leverage and drawdowns, and patiently wait for directional confirmation.
— Zhonghong Holdings Quantitative Account
Personal opinion for communication only, not investment advice.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
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