Post
taishiro
For BTC, $79,500 to $80,000 is the immediate support zone to defend. A reclaim of $81,500 would improve the short term picture, while another breakdown could invite more selling.
The takeaway for traders: a rate pause is not the same as a liquidity boost. Until price confirms stronger demand, protecting capital matters more than chasing the first green candle.
taishiro
The market wanted a pause from the Fed, but crypto needed more than that to sustain a rally.
The Fed held rates at 3.75% to 4.00%, yet two members voted for a 25 bps hike. That division matters because persistent inflation and a resilient economy leave little room to assume easier monetary policy is coming.
As of Oct 29, $BTC is trading near $80,000, down roughly 1.5% on the day after failing to hold above $81,500. $ETH is around $2,320, also under pressure.
#USCorePCERisesTo3.1%
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