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  2. In a market shaken by liquidations and fear, one chart pattern on Dogecoin’s higher time frame continues to whisper a story most traders seem to be missing. According to crypto analyst Cantonese Cat, the monthly DOGE structure still forms the handle of a larger cup-and-handle formation that has been developing since 2021. Dogecoin Cup and Handle Still Targets $2 Despite Friday’s sharp crash across altcoins, the analyst argues there’s “no technical damage.” His chart shows that the handle wick retraced as far as the 0.382 logarithmic Fibonacci level before rebounding to hold the 0.618 retracement as support, preserving the symmetry of the broader bullish setup that points toward the long-discussed $2 extension zone. “This is a handle to the cup that wicked as far down as the 0.382 log fib but is currently holding 0.618 back as support. There is no technical damage in the greater scheme of things. Only emotional damage,” Cantonese Cat wrote via X. The chart maps a rounded base from the 2021–2023 decline into a mid-2023–2024 upswing that peaked at the 1.000 Fibonacci marker at $0.48442 in December 202, thereby completing the “cup.” Price has since carved the “handle,” with Friday’s crash extending below the 0.382 retracement at $0.11771 before recovering above the 0.618 at $0.20205. At the time of the snapshot, DOGE traded at $0.20568 on the monthly candle, down 11.74% for the period, with open, high, and low printed at $0.23304, $0.27043, and $0.10305, respectively. The immediate inflection remains the 0.618 pivot near $0.20205; sustained acceptance above that shelf keeps the handle constructive. Overhead, the 0.707 and 0.786 retracements—$0.24770 and $0.29681—frame the next resistance band. A close through those levels would re-expose the prior swing zone around the 0.886 at $0.37315 and the 1.000 at $0.48442. Cantonese Cat’s roadmap also includes standard Fibonacci extensions derived from the completed cup. The 1.272, 1.414, and 1.618 projections sit at $0.90288, $1.24968, and $1.99344, respectively. The latter aligns with the widely cited “$2” objective and is the technical anchor behind the analyst’s headline claim. On the downside, the 0.500 at $0.15422 and 0.382 at $0.11771 mark the key retracement supports already stress-tested by the month’s wick; a decisive monthly close below 0.382 would compromise the handle symmetry, but that condition has not been met on the current candle. Altcoin Momentum Also Still Intact To contextualize last week’s washout across altcoins, the analyst published a second monthly chart of the “OTHERS” market-cap index (total crypto market cap excluding the top 10). The panel overlays 20-period Bollinger Bands and shows a classic squeeze preceding an abrupt spike in realized volatility. According to the readout, the index opened the month near $300.19 billion, posting a high at $332.18 billion and a capitulation low at $156.59 billion before rebounding to $270.35 billion. Notably, that recovery carried back above the 20-month moving average—the Bollinger middle band—currently at $264.88 billion, after wicking to the lower band at $167.44 billion. The upper band resides at $362.31 billion. Arrows on the chart highlight a near-identical pattern during the March 2020 COVID deleveraging: a monthly lower-band wick within a band squeeze that preceded a sustained upside cycle once the candle reclaimed the mid-band. In commentary accompanying the charts, Cantonese Cat likened the weekend’s crypto drawdown to a“COVID-like deleveraging.” He wrote: “What happened this past weekend with altcoins is very similar to the deleveraging that happened in COVID based on technicals, with monthly Bollinger band squeeze and wicking down to lower Bollinger band. These moves are necessary for us to move up if the bull market is not over yet.” He also pointed to US small-cap equities—via the Russell 2000 ETF (IWM)—as evidence of broader risk appetite, arguing that small caps’ V-shaped rebound from their own lower Bollinger Band and approach toward all-time highs helps explain why Bitcoin miners are outperforming spot cryptocurrencies. In his view, market-wide liquidity exists, but clearing excess leverage in altcoins was a precondition for the next leg higher. At press time, DOGE traded at $0.21124.
  3. XRP price started a fresh increase above $2.450. The price is now showing positive signs but faces a major hurdle near the $2.620 level. XRP price is attempting a recovery wave above the $2.50 zone. The price is now trading above $2.520 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh decline if it settles below $2.50. XRP Price Struggles Near Resistance XRP price found support and started a strong recovery wave above $2.20, like Bitcoin and Ethereum. The price was able to climb above the $2.250 and $2.320 levels to enter a positive zone. There was a decent increase above the 61.8% Fib retracement level of the downward move from the $3.05 swing high to the $1.40 swing low. However, the price seems to be facing a major barrier near the $2.650 level. Besides, there is a key bearish trend line forming with resistance at $2.650 on the hourly chart of the XRP/USD pair. The price is now trading above $2.520 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.60 level. The first major resistance is near the $2.650 level and the trend line. It is close to the 76.4% Fib retracement level of the downward move from the $3.05 swing high to the $1.40 swing low. A clear move above the $2.650 resistance might send the price toward the $2.70 resistance. Any more gains might send the price toward the $2.720 resistance. The next major hurdle for the bulls might be near $2.80. Another Drop? If XRP fails to clear the $2.650 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.550 level. The next major support is near the $2.50 level. If there is a downside break and a close below the $2.50 level, the price might continue to decline toward $2.30. The next major support sits near the $2.2680 zone, below which the price could continue lower toward $2.220. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. Major Support Levels – $2.50 and $2.30. Major Resistance Levels – $2.60 and $2.650.
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  5. Following Bitcoin’s (BTC) brutal sell-off on October 9, which saw the top cryptocurrency by market cap flash crash to $102,000 before recovering most of its losses, on-chain signals now show that there has been a noticeable decline in the Bitcoin network usage for most of 2025. Bitcoin On-Chain Fundamentals Losing Strength? According to a CryptoQant Quicktake post by contributor TeddyVision, Bitcoin’s Network Activity Index has been consistently trending below its 365-day moving average (MA) for most of 2025. The decline shows a structural slowdown in the Bitcoin network’s on-chain usage. For the uninitiated, the Bitcoin Network Activity Index measures how actively users are interacting on-chain – tracking metrics like transaction counts, active addresses, and transfer volumes. A rising index suggests growing organic usage and adoption, while a declining one indicates slowing network engagement. To recall, the Bitcoin network activity surged ahead of price back in 2023-24. At the time, Bitcoin price witnessed organic expansion in price, primarily driven by genuine on-chain usage. However, the trend has changed significantly in 2025. For the most part, this year saw Bitcoin liquidity circulating off-chain, while on-chain traffic has dwindled. As a result, the Network Activity Index has tumbled below the 365-day MA. That said, BTC price has held between $100,000 to $120,000, creating a widening gap between the digital asset’s valuation and network fundamentals. The CryptoQuant analyst remarked: Capital keeps rotating, but not expanding – most flows happen off-chain, through ETFs, custodians, and synthetic exposure, while genuine on-chain demand remains subdued. TeddyVision stated that the recent capital rotation in the Bitcoin market is not indicative of its strength, but rather it is just “momentum running on fumes.” The analyst added that when the Bitcoin network usage stagnates while price keeps on increasing, valuations stop reflecting adoption and start tracking assumptions. To conclude, although Bitcoin is not collapsing just yet, the fall in its network usage activity speaks volumes about its falling fundamentals. That said, all may not be over for BTC just yet. In an X post, crypto analyst Titan of Crypto noted that the Bitcoin bull market is not over yet. The analyst stated that a Bitcoin bear market will only start if it loses the 50-day Simple Moving Average (SMA) on the weekly chart. Q4 2025 Bullish For BTC? While the recent flash crash to $102,000 may have spooked BTC bulls, several industry experts are still confident that the digital asset will continue to make new record highs in the last quarter of 2025. Crypto market expert Ash Crypto recently predicted that BTC is likely to hit as high as $180,000 in Q4 2025. Similarly, fresh data from Binance suggests that BTC could be on track to $130,000. In the same vein, noted crypto analyst Egrag recently forecasted that BTC only needs a minor catalyst to surge to $175,000. At press time, BTC trades at $114,076, up 0.8% in the past 24 hours.
  6. Ethereum price started a fresh recovery above $4,120. ETH is now showing positive signs and might rise further toward the $4,400 level. Ethereum started a recovery wave above the $4,000 and $4,120 levels. The price is trading above $4,120 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $4,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,320. Ethereum Price Gains Traction Ethereum price started a recovery wave above the $3,850 level, like Bitcoin. ETH price formed a base and was able to recover above the $4,000 level. The price cleared the 50% Fib retracement level of the main drop from the $4,758 swing high to the $3,422 low. The bulls were able to push the price above the $4,200 pivot level. Besides, there is a key bullish trend line forming with support at $4,150 on the hourly chart of ETH/USD. Ethereum price is now trading above $4,200 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,250 level. The next key resistance is near the $4,400 level. The first major resistance is near the $4,440 level and the 76.4% Fib retracement level of the main drop from the $4,758 swing high to the $3,422 low. A clear move above the $4,400 resistance might send the price toward the $4,500 resistance. An upside break above the $4,500 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,650 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,300 resistance, it could start a fresh decline. Initial support on the downside is near the $4,150 level and the trend line. The first major support sits near the $4,120 zone. A clear move below the $4,120 support might push the price toward the $4,050 support. Any more losses might send the price toward the $3,950 region in the near term. The next key support sits at $3,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,150 Major Resistance Level – $4,300
  7. The Stablecoin market is once again proving to be one of the most important indicators for crypto recovery after one of the most violent crashes in recent history. On Friday, Bitcoin plunged to $103,000 within minutes, triggering a wave of panic across the market as overleveraged positions were wiped out and Altcoins lost more than 80% of their value in the same period. The sudden correction left investors questioning whether this marked the end of the bull phase or simply a reset before the next leg up. Despite the chaos, key onchain data paints a more optimistic picture. Top analyst Darkfost highlights that the supply of ERC-20 stablecoins continues to grow, especially on Binance, the exchange that remains the undisputed leader in trading volume. This surge in stablecoin reserves suggests that liquidity is quietly rebuilding beneath the surface, as investors prepare for re-entry rather than full-scale retreat. In crypto cycles, rising stablecoin balances often act as a precursor to renewed buying pressure, indicating that capital is sitting on the sidelines, waiting for the right moment to return. As volatility cools down, the stablecoin supply could play a decisive role in shaping the market’s next major move. Liquidity Surges As Binance Hits Record High Reserves Darkfost shared data showing that the ERC-20 stablecoin supply on Binance has seen a massive surge over the past two months, rising by $10 billion since August, from $32 billion to $42 billion. This marks the highest level of ERC-20 stablecoin reserves ever recorded on the exchange, a significant milestone that signals renewed liquidity inflows into the market. This sharp increase in stablecoin reserves suggests two major dynamics at play. First, investors continue to deploy capital into the crypto market through stablecoins, a common precursor to renewed accumulation and trading activity. Second, Binance’s dominance in global trading volume remains unchallenged, with increasing user participation demanding more available liquidity on the platform. While part of this increase may stem from investors rotating capital back into stablecoins after the recent market crash, this explanation alone doesn’t capture the full picture. Binance typically adjusts its reserves in response to active trading behavior, meaning this spike is more likely linked to rising demand and capital readiness than to risk aversion. Despite recent volatility and sharp liquidations, the data show that liquidity is flowing back in, positioning the market for a potential rebound. If this trend continues, stablecoin accumulation on Binance could serve as the foundation for the next major leg up across Bitcoin and the broader crypto ecosystem. Stablecoin Dominance Spikes: Capital Rotates After Market Crash The chart shows a sharp rise in stablecoin dominance, which recently spiked above 9% before cooling to around 8.15%. This move reflects a rapid flight to liquidity following last week’s extreme volatility, when Bitcoin plunged below $105K and altcoins saw significant losses. Historically, such spikes in stablecoin dominance indicate that traders are exiting risk assets to hold stablecoins, waiting for market stabilization before redeploying capital. Interestingly, the pullback from 9% to 8% suggests that the panic phase may already be easing. The market appears to be entering a reaccumulation phase, where stable capital is preparing for the next major move. On a technical level, stablecoin dominance remains well above its 50-day and 200-day moving averages, signaling persistent strength in liquidity reserves. If dominance continues to consolidate near these highs while Bitcoin stabilizes, it could create the foundation for renewed inflows into risk assets. In other words, money hasn’t left the market—it’s waiting on the sidelines. Stablecoin dominance above 8% generally marks periods of strong capital positioning, often preceding new market uptrends. The current setup, therefore, highlights growing investor caution but also a buildup of dry powder that could soon reenter the market. Featured image from ChatGPT, chart from TradingView.com
  8. Boa noite, traders. Iniciamos a semana com a confirmação de que a crise da paralisação ("shutdown") do governo dos EUA está se aprofundando, com alertas vindo dos mais altos níveis de Wall Street e do próprio governo americano. O Goldman Sachs emitiu um alerta de que o atual desligamento pode se tornar um dos mais longos da história. Corroborando a gravidade, o Secretário do Tesouro dos EUA, Bessent, declarou hoje que a situação "já está se tornando séria" e "começando a afetar a economia real". Na minha visão, estas declarações marcam o fim da esperança de uma resolução rápida. O mercado agora precisa precificar um período prolongado de disfunção política e o consequente impacto negativo no crescimento econômico. Este é um catalisador de aversão ao risco de primeira ordem. Por Igor Pereira, Analista de Mercado Financeiro, ExpertFX School Neste cenário de caos político e deterioração econômica, o capital busca refúgio em ativos reais. A performance recente do ouro é um reflexo direto desta busca por segurança. A seguir, apresentamos nossa análise completa, desde a visão de longo prazo até a estrutura técnica de curto prazo. Parte 1: A Visão de Longo Prazo — A Tese para $5.000 - $6.000 Quando um dos maiores bancos de investimento do mundo, o Bank of America, emite uma previsão, o mercado presta atenção. A análise divulgada recentemente vai além de uma simples projeção; é um estudo cíclico e histórico que aponta para uma meta audaciosa: ouro a $6.000 por onça até a primavera de 2026. 1. A Metodologia: Desvendando a Relação Ouro/Petróleo A base da análise do BofA é a relação histórica entre o preço do ouro e o do petróleo. Ao estudar os ciclos de alta passados, o banco descobriu que eles duraram em média 43 meses e viram o rácio aumentar cerca de 300%. Ao extrapolar esse padrão para o ciclo atual, chega-se à projeção de US$ 6.000/onça. 2. Análise de Igor Pereira: Por Que Esse Modelo Faz Sentido Agora? Na minha visão, a análise do BofA é a quantificação cíclica da "Tempestade Perfeita" que já está em andamento: dívida global recorde, pivô dos bancos centrais, instabilidade geopolítica (agora exacerbada pelo desligamento) e uma demanda implacável por ativos de refúgio. Minha própria projeção, baseada em modelos de fluxo de capital e na deterioração fiscal acelerada, aponta para um alvo mais conservador, porém ainda massivo, de $5.000 por onça entre o terceiro e o quarto trimestre de 2026. O consenso institucional é claro: a escala da reavaliação do ouro será histórica. Parte 2: A Confirmação Técnica — Explosão do "Markup" Enquanto as teses de longo prazo nos dão o destino, a análise técnica de curto prazo nos mostra a força da jornada. E a ação de preço das últimas horas foi uma demonstração de força extraordinária. A Nova Tese (Reacumulação): Na linguagem Wyckoff, isso significa que a estrutura era, na verdade, uma Reacumulação complexa, onde o "dinheiro inteligente" absorveu a realização de lucros para iniciar a próxima fase de alta, conhecida como "Markup". O Estado Atual e Níveis-Chave: O ouro está agora em plena fase de "Markup" e descoberta de preços, estabelecendo novas máximas históricas acima de $4.150, este nível pode determinar um novo impulso histórico de alta ou correção imbalance de curto prazo. Suporte Crítico Imediato: O antigo topo, na região de $4057, agora se torna o primeiro grande piso de suporte. Zonas de Demanda Chave: As áreas em torno de $3998 e $3972 são os próximos níveis de suporte cruciais em qualquer pullback mais profundo. Alvos de Alta 📈: Estando em território inexplorado, acima de $4150, o próximo grande alvo a ser observado é a marca de $4.200. Analisando o terminal de fluxo de ordens do ouro (XAU/USD) do Clube ExpertFX, a mensagem da microestrutura do mercado é clara: os compradores agressivos continuam no controle total do curto prazo, impulsionando o preço em uma forte tendência de alta. Principais Observações do Terminal: 1. Pressão Compradora Dominante (CVD): O Delta de Volume Cumulativo (CVD) na parte inferior do gráfico mostra que o volume de compra a mercado (352.5k) é quase o dobro do volume de venda a mercado (187.0k). Análise: Isso significa que há uma urgência e convicção muito maiores por parte dos compradores, que estão dispostos a "atravessar o spread" para garantir suas posições, absorvendo a oferta dos vendedores. 2. A "Muralha" de Venda em $4170 (Resistência): O Livro de Ordens (COB), na coluna direita, revela uma grande e densa "muralha" de ordens de venda limitada (liquidez) concentradas na região de $4170. Análise: Este é o principal alvo magnético para o preço e o maior obstáculo para a continuação da alta. O mercado provavelmente será atraído para esta zona, mas rompê-la exigirá um esforço significativo dos compradores. 3. Suporte Imediato: Abaixo do preço atual, as ordens de compra mais significativas (suporte) estão agrupadas em torno de $4130 - $4125. A estrutura de curto prazo é inequivocamente altista. O caminho de menor resistência é continuar subindo para testar a grande zona de resistência e liquidez em $4170. A estratégia de maior probabilidade é buscar por oportunidades de compra em qualquer recuo em direção à zona de suporte de $4130, alinhando-se com a força dominante do CVD. Apenas uma perda decisiva deste suporte colocaria o forte momentum de alta de curto prazo em dúvida. A batalha da sessão será entre a forte agressão compradora e a muralha de venda que os aguarda. Conclusão de Igor Pereira: Sincronia Perfeita A semana se inicia com uma sincronia perfeita entre a análise fundamental e a técnica. A crise do "shutdown" em Washington fornece o combustível fundamental para a fuga para a segurança, enquanto a ação de preço de curto prazo confirma essa tese de forma brutal, invalidando padrões de baixa e demonstrando uma força compradora implacável. A mensagem é inequívoca. A tendência é de alta em todos os timeframes. A estratégia permanece a mesma, mas com convicção redobrada: cada recuo para as novas zonas de suporte ($4057, $3998) é uma oportunidade estratégica para se alinhar com o que está se provando ser um dos mais poderosos mercados de alta da nossa geração.
  9. EUR/USD Markets are gradually recovering, and gold has even accelerated its growth. The 1.1605 level, which the price "ignored," has been removed. Currently, the euro is consolidating in the middle of the range formed by the 1.1495 support level and the MACD line on the daily timeframe. However, this consolidation is occurring below both declining indicator lines, while the Marlin oscillator remains in a downward trend zone. Therefore, if the price falls below Friday's low of 1.1543, it will complete the full downward movement that began on September 17, reaching support at 1.1495. Conversely, if the price breaks above yesterday's high (either today or tomorrow), it will aim for an attack on the MA line at 1.1662. On the four-hour chart, the price's intent to continue rising appears more clearly. Here, the Marlin oscillator is attempting to move above the median neutral line. This would provide solid support for the price as it contends with the first resistance at 1.1627 — the MACD line, which nearly coincides with yesterday's high. The material has been provided by InstaForex Company - www.instaforex.com
  10. GBP/USD The British pound declined slightly yesterday, but this morning it is showing growth. This signals a price consolidation near the resistance level of 1.3369. A breakout above this level will not greatly ease the situation for the bulls, as the MACD line lies ahead near the 1.3400 mark. However, breaking above the MACD line opens the path to the target level of 1.3525. The Marlin oscillator may not have time to move into positive territory by the moment the price reaches the MACD line, which underscores the difficulty of further growth. On the four-hour chart, the Marlin oscillator has entered positive territory. The price is nearly ready to challenge the 1.3369 level. The MACD line has approached this level, significantly strengthening it, which means the bulls' first attempt may fail, resulting in an extension of the consolidation phase. Consolidating above 1.3369 will allow for preparation to break through 1.3400, which is the MACD line on the daily chart. The material has been provided by InstaForex Company - www.instaforex.com
  11. Natural Gas (NG) The decline in natural gas prices stopped yesterday at the indicator lines of the Balance and MACD lines on the daily scale. The lower shadow pierced the support level at 3.086. The Marlin oscillator has dipped into negative territory but not deeply, likely preparing to move sideways along the zero neutral line, as it did from September 23 to 26. If the sideways oscillator movement drags on, the price may remain in the 3.086–3.333 range for an extended period (up to three weeks). Possible price movement paths are sketched on the chart. For now, the main trend is assumed to be upward—both in the short term toward the 3.333 level and after the consolidation phase. However, if the price settles below the MACD line, which coincides with yesterday's low at 3.028, the market will aim for 2.847, and potentially 2.643 afterward. Given the nearby support level, it's advisable to wait for today's candle to close. If it closes white (bullish), then the mentioned scenario should be taken as the base case. On the four-hour scale, the situation is turning distinctly neutral. The MACD line is flattening out horizontally, sitting precisely at the 3.333 level. The price has hovered around 3.086 for the past nine candles. The Marlin oscillator is currently rising but is unlikely to cross into positive territory in the near term. We await further developments. The material has been provided by InstaForex Company - www.instaforex.com
  12. Bitcoin price corrected losses and traded above the $114,200 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $114,000 resistance level. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $119,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $112,500 zone. Bitcoin Price Faces Hurdles Bitcoin price started a recovery wave above the $110,000 pivot level. BTC recovered above the $112,500 and $113,200 resistance levels. The price climbed above the 50% Fib retracement level of the main drop from the $123,750 swing high to the $100,000 low. The bulls even pushed the price above the $114,000 resistance level. However, there are many hurdles on the upside. Bitcoin is now trading below $116,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $119,250 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $115,000 level. The first key resistance is near the $116,000 level. The next resistance could be $118,150 and the 76.4% Fib retracement level of the main drop from the $123,750 swing high to the $100,000 low. A close above the $118,150 resistance might send the price further higher. In the stated case, the price could rise and test the $119,250 resistance and the trend line. Any more gains might send the price toward the $120,000 level. The next barrier for the bulls could be $122,500. Another Drop In BTC? If Bitcoin fails to rise above the $115,000 resistance zone, it could start a fresh decline. Immediate support is near the $113,600 level. The first major support is near the $112,500 level. The next support is now near the $111,200 zone. Any more losses might send the price toward the $110,500 support in the near term. The main support sits at $110,000, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $113,500, followed by $112,500. Major Resistance Levels – $115,000 and $116,000.
  13. The GBP/USD currency pair retreated slightly downward on Monday, though not significantly or for long. In principle, we continue to expect just one thing – a new drop in the dollar. We immediately advise traders to switch to the daily time frame and confirm that the upward trend remains intact. In recent months, the market has been in a flat phase. As we've mentioned before, flat markets are a time when major players build new positions. What kind of positions can they be forming in the current circumstances? Buying dollars? Unlikely. That means selling dollars. If that's the case, then a new wave of the upward trend is only a matter of time. The fundamental backdrop remains not just negative for the dollar, but outright absurd. Recall that in addition to the trade war, the Federal Reserve's monetary easing, Trump's pressure on the Fed and half the world, internal strife, ongoing clashes between civilians and police or military due to new Trump initiatives (such as on immigration), controversial tax, subsidy, and spending laws—America is now experiencing a "shutdown." Democrats refused to approve the Republican budget plan for next year, so the year cannot begin until the U.S. President moderates his ambitions. However, much has already been said about the "shutdown," and the dollar is currently reacting more to the flat market than to the shutdown. But China's "knight's move" – placing restrictions on the export of rare earth metals – is a bold step. China is the only country in the world negotiating with Washington on equal footing. It has once again made it clear it's ready to negotiate, though the list of contentious issues is long. Still, Beijing is unlikely to sign the same kind of "enslaving" deals as Japan or the EU. China also understands that the stronger their position at the negotiation table, the better. So China is doing exactly what the U.S. does – playing every trump card it has. The U.S.'s main trump card is a single one – a wealthy, massive consumer market that China certainly doesn't want to lose. China's trump cards are weaker, but there are more of them. Most American factories, remember, are located in China, which now not only has a cheap labor force but also technology, top managers, and engineers. China has not wasted time and is closing in on the U.S. in the race for global dominance. This explains Trump's fervent desire to curb the ambitions of China by any means necessary. In the meantime, the Fed can calmly go on vacation until the U.S. shutdown ends. The next meeting of the Fed is scheduled for October 29, and it will definitely take place. Only one question remains – on what basis will the Monetary Committee decide on the rate? The inflation report won't be published this week, and the labor and unemployment reports didn't come out last week. Of course, the Fed can lower the rate once again "in advance," since it is evident to everyone that one round of monetary easing is not enough to save the sinking labor market. But even so, it will be a very interesting meeting. The average volatility of the GBP/USD pair over the last five trading days is 93 pips. For the pound/dollar pair, this value is "average." Therefore, on Tuesday, October 14, we expect movement within the range bounded by levels 1.3235 and 1.3421. The higher linear regression channel is pointed upward, indicating a clear uptrend. The CCI indicator has once again (for the third time) entered the oversold zone, signaling a potential resumption of the upward trend. Nearest Support Levels:S1 – 1.3306 S2 – 1.3245 S3 – 1.3184 Nearest Resistance Levels:R1 – 1.3367 R2 – 1.3428 R3 – 1.3489 Trading Recommendations:The GBP/USD currency pair is in a correction, but its long-term prospects remain unchanged. Donald Trump's policies will continue to put pressure on the dollar, so we do not expect growth from the U.S. currency. Thus, long positions with targets of 1.3672 and 1.3733 remain much more relevant while the price is above the moving average. Price movement below the moving average allows for consideration of small short positions with targets at 1.3245 and 1.3235 based on technical grounds. From time to time, the U.S. dollar shows corrections (as it is now), but for a true strengthening trend, it needs real signs of the end of the trade war or other global positive factors. Explanation of Chart Tools:Linear Regression Channels – help identify the current trend. If both channels point in the same direction, the trend is considered strong.Moving Average (20,0, smoothed) – indicates short-term direction and defines the preferred trading bias.Murray Levels – serve as goalposts for price movements and corrections.Volatility Bands (red lines) – represent the expected daily trading range based on recent volatility.CCI Indicator – when it enters oversold (< -250) or overbought (> +250) territory, a trend reversal is likely.The material has been provided by InstaForex Company - www.instaforex.com
  14. The EUR/USD currency pair showed no noteworthy movement on Monday, largely remaining stagnant throughout the day. A slight dip occurred in the first half of the session, perhaps triggered—as always—by Donald Trump. Honestly, we considered the possibility that the U.S. dollar would begin weakening right at the market open. But either the market has grown tired of Trump's recurring tariff rhetoric, or it simply doesn't believe that the U.S. president will stick to his hardline stance on China. In either case, the dollar avoided the fate that seemed likely. Recall that on Friday, the U.S. president announced 100% tariffs on all Chinese imports starting November 1—a decision made in response to China's move to tighten export controls on rare-earth metals, where it holds a "near-monopoly" status. Trump then accused China of trying to take the world hostage and threatened to escalate tariffs. But by Saturday, he walked back his tone, saying he had no plans to trigger a Great Depression in China and that "everything would be fine." It remains unclear what prompted such a shift in stance; as of now, there are no new negotiations scheduled between Washington and Beijing. In essence, Trump made a bold move—a "knight's leap"—only to retreat on the very next turn. Every trader understands that Trump's words need to be taken with a grain of salt—perhaps eight. Just because he says he will impose tariffs doesn't mean that he actually will. That's likely why the dollar evaded the sharp drop many expected. Still, we want to remind readers that the dollar's fate, over the medium term, seems all but sealed. Currently, there are no valid reasons for the market to favor the USD. The European Central Bank has completed its monetary easing cycle, and the Federal Reserve is expected to cut interest rates further. While the Fed may lower rates once or twice more in 2025, the pace of rate cuts could accelerate next year—especially if Jerome Powell steps down as Fed Chair. Moreover, we believe Trump's trade war is far from over. Tariffs continue to be his primary tool for political and economic leverage. If any country dares to defy him, more tariffs are almost certain. Trump holds little sway over countries that have little to no trade ties with the U.S., like Russia, or those that historically hold anti-American sentiment, like Venezuela. Against Venezuela, Trump might even go as far as wielding military threats. The daily timeframe shows that, firstly, the uptrend remains intact, and secondly, the pair has been in a sideways range (flat) for several months. This means further dollar strengthening is possible—but only within the bounds of this flat. The average volatility for EUR/USD over the last five trading days, as of October 14, stands at 77 pips, which is classified as "average." We expect the pair to trade between 1.1496 and 1.1650 on Tuesday. The higher linear regression channel is pointing upward, which still indicates the presence of a bullish trend. The CCI indicator has just entered oversold territory, potentially signaling a new wave of upward momentum. Nearest Support Levels:S1 – 1.1536S2 – 1.1414S3 – 1.1353Nearest Resistance Levels:R1 – 1.1597R2 – 1.1658R3 – 1.1719Trading Recommendations:EUR/USD remains in a corrective phase, but the broader uptrend is still intact, as seen on all higher timeframes. The U.S. dollar continues to experience strong pressure from Donald Trump's trade policies, and he shows no sign of backing down. Although the dollar has strengthened recently, the reasons for it appear ambiguous at best. The sideways range seen on the daily chart explains it all. If the price remains below the moving average, small short positions are possible with targets at 1.1536 and 1.1496, based purely on technical conditions. If the price rises above the moving average, long positions remain valid with targets at 1.1841 and 1.1902, in line with the continuing upward trend. Explanation of Chart Tools:Linear Regression Channels – help identify the current trend. If both channels point in the same direction, the trend is considered strong.Moving Average (20,0, smoothed) – indicates short-term direction and defines the preferred trading bias.Murray Levels – serve as goalposts for price movements and corrections.Volatility Bands (red lines) – represent the expected daily trading range based on recent volatility.CCI Indicator – when it enters oversold (< -250) or overbought (> +250) territory, a trend reversal is likely.The material has been provided by InstaForex Company - www.instaforex.com
  15. GBP/USD 5M Analysis On Monday, the GBP/USD currency pair declined slightly once again, but the moment of truth is approaching. Price action is now very close to the second successive descending trendline, which could be breached as early as this week. The Ichimoku Kijun-sen line is also nearby, so both technical barriers may be overcome simultaneously. We continue to view the current downturn in the pair as completely illogical and unjustified. Over the past 2–3 weeks, there hasn't been enough negative news for the British pound—or positive data for the dollar—to warrant such sustained pressure on GBP/USD. Many of the reasons behind this move seem fabricated. For instance, the political crisis in France has nothing to do with the pound—and such "crises" in the EU occur every couple of months. Therefore, we again emphasize to traders that the daily timeframe shows the formation of a broad flat pattern, while the broader 2025 uptrend remains intact. We continue to expect further gains in the British pound. Market participants are actively ignoring events that are fundamentally bearish for the dollar, likely due to large-scale price manipulation by market makers. These big players may be giving the illusion of a downtrend to encourage unwarranted selling. On the 5-minute chart, not a single trading signal was generated on Monday. Therefore, opening any positions was not advisable. Even on the lowest timeframes, market movement is choppy at best—and lacks any clear logic. COT Report COT (Commitment of Traders) data for the British pound shows that commercial trader sentiment has been shifting frequently over recent years. The red and blue lines—representing net positions of commercial and non-commercial traders—are constantly crossing and generally hover near the zero line. Currently, both lines are nearly aligned, indicating a relatively equal number of buy and sell positions. The U.S. dollar continues to weaken, mainly due to Donald Trump's policies. As a result, market maker interest in the pound has become less relevant. The trade war will continue in one form or another for the foreseeable future. The Federal Reserve is expected to cut rates over the next year, meaning downward pressure on the dollar will persist. According to the latest data, non-commercial traders opened 3,700 new long positions and closed 900 shorts during the reporting week. Thus, the net position grew by 4,600 contracts. The British pound has rallied significantly in 2025, primarily due to Trump's agenda. If and when this factor fades, the dollar may regain strength—but when that will happen, no one knows. In any case, net positioning trends suggest more consistent dollar weakness than pound weakness. GBP/USD 1H Analysis On the hourly timeframe, GBP/USD continues to form a downward trend. This only reinforces how disconnected the movement is from any fundamental basis. The dollar still lacks a major reason to strengthen—so we expect the 2025 uptrend to resume under almost any macroeconomic scenario. For now, the market is waiting for the price to break the trendline and ideally confirm a close above the Ichimoku Kijun-sen line. On October 14, we highlight the following important levels: 1.3125, 1.3212, 1.3307, 1.3369-1.3377, 1.3420, 1.3533-1.3548, 1.3584, 1.3681, 1.3763, 1.3833, 1.3886. The Senkou Span B (1.3424) and Kijun-sen (1.3356) lines may also be sources of signals. It is recommended to set the Stop Loss level at break-even when the price moves in the right direction by 20 pips. The Ichimoku indicator lines may move during the day, which should be taken into account when determining trading signals. On Tuesday, the U.K. will publish relatively important reports on unemployment, jobless claims, and wage growth. In the U.S., Jerome Powell is scheduled to speak, but no impactful commentary is expected. Trading RecommendationsToday, traders can plan entries based on the 1.3369–1.3377 zone or the 1.3307 level. A bounce from 1.3307 would provide a good setup for long positions and may even signal the start of a new uptrend on the hourly chart. A confirmed drop below 1.3307 would make short positions relevant with a near-term target at 1.3212. Chart Legend:Support and resistance levels (thick red lines) – indicate where movement may pause or reverse. They are not automatic trade signals.Kijun-sen and Senkou Span B – strong indicator lines from the Ichimoku system, adapted from the 4-hour chart to the 1-hour chart.Extremum levels (thin red lines) – past significant highs and lows; potential signal zones.Yellow lines – trendlines, channels, and other technical patterns.COT Indicator 1 – Shows net position data by trader category.The material has been provided by InstaForex Company - www.instaforex.com
  16. EUR/USD 5M Analysis On Monday, the EUR/USD currency pair once again traded lower, despite having no fundamental reason to do so. There were no economic reports, and no meaningful speeches occurred on the first trading day of the week. Only Donald Trump, who triggered crashes in both crypto and equity markets on Friday, surfaced to say that things "will be fine" between the U.S. and China. Thanks for that. As before, we view the recent strength in the U.S. dollar as completely illogical. There are no fundamental or macroeconomic justifications for dollar appreciation at this time. The situation is starting to resemble the recent crypto crash, when prices dropped dramatically in just 15 minutes without a clear cause—later attributed to Trump's tariff announcements. It doesn't matter if he rolls out tariffs every other day; moves of that scale still surprise. Thus, we interpret the current decline in EUR/USD simply as a phase to be waited out. If technicals and fundamentals both pointed to a decline, there would be no question. But selling the pair while every indicator and report suggests "buy" is not the wisest strategy. Intraday short positions are still valid—EUR/USD can fall locally for several more weeks. However, in the medium term, the outlook remains bullish. On the 5-minute chart, two sell signals were generated yesterday. The price first bounced off the critical line, then broke through the 1.1604–1.1615 area. These setups allowed traders to open short positions and manually close them for a profit by the evening. COT Report The latest Commitment of Traders (COT) report is dated September 23. It clearly shows that the net position of non-commercial traders had long remained bullish. Bears briefly took over at the end of 2024, only to quickly lose control again. Since Trump began his second term as U.S. president, the dollar has consistently fallen. We cannot guarantee that the dollar will continue to decline with 100% certainty, but current global conditions suggest that outcome is likely. We still see no fundamental reasons for euro strength, but numerous factors support continued dollar weakness. The global downtrend remains intact, but at this point, historical price direction over the past 17 years is increasingly irrelevant. Once Trump ends his trade wars, the dollar might start to rise—but events so far suggest the conflict is far from over. The potential loss of Fed independence remains a major bearish factor for the U.S. currency. As shown in the chart, the red and blue lines (longs vs. shorts) indicate that the bullish trend continues. During the last reporting week, non-commercial longs decreased by 800 contracts, while shorts increased by 2,600. As a result, the net position declined by 3,400 contracts. EUR/USD 1H Analysis On the hourly timeframe, EUR/USD may have completed its downward trend last week. The trendline has been broken, and now the euro needs to consolidate above the Kijun-sen line. If it does, we can expect further upside—at least up to the Senkou Span B line. We believe the euro has long been overdue for a stronger rally. On October 14, we highlight the following levels for trading: 1.1234, 1.1274, 1.1362, 1.1426, 1.1534, 1.1604-1.1615, 1.1657-1.1666, 1.1750-1.1760, 1.1846-1.1857, 1.1922, 1.1971-1.1988, as well as the Senkou Span B (1.1712) and Kijun-sen (1.1614) lines. The Ichimoku indicator lines may move during the day, which should be taken into account when determining trading signals. Do not forget to place a stop-loss order at breakeven if the price has moved 15 pips in the right direction. This will protect you from possible losses if the signal turns out to be false. On Tuesday, Germany will publish final inflation data for September and the ZEW Economic Sentiment Index. However, all three reports are considered secondary, and any market reaction is expected to be mild. Later in the day, Jerome Powell is scheduled to speak, though no major remarks are anticipated at this time. Trading RecommendationsOn Tuesday, traders can trade within the 1.1604–1.1615 area and from the 1.1534 level. A confirmed breakout above the Kijun-sen line is now required to initiate a sustained uptrend. Otherwise, the dollar may continue its unjustified rise. Chart Legend:Support and resistance levels (thick red lines) – indicate where movement may pause or reverse. They are not automatic trade signals.Kijun-sen and Senkou Span B – strong indicator lines from the Ichimoku system, adapted from the 4-hour chart to the 1-hour chart.Extremum levels (thin red lines) – past significant highs and lows; potential signal zones.Yellow lines – trendlines, channels, and other technical patterns.COT Indicator 1 – Shows net position data by trader category.The material has been provided by InstaForex Company - www.instaforex.com
  17. Join OANDA Senior Market Analyst Kelvin Wong and podcast host Jonny Hart as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities, and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.
  18. An analyst has revealed the key Bitcoin charts that could be to keep an eye on while Bitcoin is slowly making recovery from its latest crash. These Bitcoin Charts Could Be Ones To Watch In a shock to the market, Bitcoin ended last week with a steep crash, falling from above $122,000 to below $110,000. The coin managed to make some recovery on Sunday, and that rebound has held so far into Monday. However, while BTC appears to be rebuilding its structure, its direction remains unclear, as noted by CryptoQuant community analyst Maartunn in an X thread. Maartunn has shared a few key charts that could determine whether the recovery will hold or fade. First, the analyst has revealed a chart that points out a similarity between the recent Bitcoin price action and the November 2021 bull market top. As displayed in the above graph, BTC broke above its weekly resistance with the recent price rally, but immediately fell below the line after the crash. A similar failed breakout also took place back in November 2021. According to Maartunn, such a trend typically signals exhaustion. On-chain data also suggests the cryptocurrency is currently trapped below a notable resistance level, as the chart for the UPRD shows. The UTXO Realized Price Distribution (URPD) here is an indicator that tells us about the amount of Bitcoin that was last purchased/transferred at the various price levels that the asset has visited in its history. From the metric’s chart, it’s visible that a significant amount of supply has its cost basis between $117,500 to $120,000. The holders of these coins would naturally be underwater right now, so there is a chance that if BTC recovers to their break-even level, they might panic sell, fearing going into losses again. Given the scale of the supply involved, selling pressure of this kind could be notable on a retest of the range, potentially making it a major resistance barrier for the asset. A support level that could be key is the average cost basis or Realized Price of the short-term holders (STHs). The line has historically helped the asset find a rebound during bullish trends, with three instances of the trend occurring within the last six weeks alone. The analyst has warned, however, that conviction among the cohort is fading. The Market Value to Realized Value (MVRV) Ratio suggests profitability among the Bitcoin STHs has been following a long-term decline, with the boundary level of 1 again being retested. “If this level breaks, expect downside. If it holds, it confirms demand — but manage risk accordingly!” noted Maartunn in the thread. BTC Price At the time of writing, Bitcoin is floating around $114,100, down over 8% in the last seven days.
  19. Ethereum is showing early signs of recovery after a dramatic sell-off on Friday that sent prices plunging to $3,450. The drop came amid what analysts describe as the largest liquidation event in crypto market history, wiping out billions in leveraged positions across major exchanges. While bulls briefly lost control during the panic, ETH has since begun to stabilize, with renewed buying interest emerging near key demand zones. Onchain analyst Maartunn highlighted that leverage is once again building up on Ethereum, signaling that traders are returning to the market following the reset. According to his data, open interest on ETH surged significantly over the past 24 hours — a sign that speculative activity is resuming as volatility cools. This renewed leverage could set the stage for another decisive move, either fueling a short-term relief rally or inviting further liquidations if momentum fades. The coming days will be crucial for Ethereum, as bulls attempt to reclaim the $4,000 level to confirm a sustainable recovery. Market sentiment remains cautious but optimistic, with onchain data showing large holders and institutions continuing to accumulate ETH despite recent turbulence — a potential signal of long-term confidence in the asset’s resilience. Leverage Returns to Ethereum: A Risky Revival In Market Activity According to Maartunn, Ethereum’s Open Interest has surged by +8.2% within the past 24 hours — a clear sign that leverage is flowing back into the market. This rapid rise comes just days after the largest liquidation event in crypto history, where overleveraged traders were wiped out during the sudden crash. Now, it seems many are trying to “trade their money back,” reigniting short-term volatility and speculation across exchanges. Maartunn notes that while these so-called “revenge pumps” often create strong intraday rallies, they rarely sustain long-term momentum. Historically, around 75% of similar leverage-driven recoveries tend to revert, leading to renewed pullbacks once liquidity and funding rates normalize. Only about 25% manage to extend into lasting uptrends, typically when supported by fresh spot buying or renewed institutional inflows. This data underscores the precarious balance Ethereum currently faces. The jump in Open Interest signals revived market participation, but also introduces the risk of another wave of forced liquidations if traders overextend their positions. For now, ETH’s short-term recovery remains largely fueled by derivatives activity rather than spot demand. The next few days will be pivotal in determining Ethereum’s direction. If price holds above the $4,000 region with sustained volume, it could confirm that bulls are regaining control. However, a sudden drop in Open Interest or sharp funding spikes could signal that the rally is overextended — setting the stage for another correction. Ethereum Rebounds, But Resistance Looms Ahead Ethereum is showing a solid recovery after last week’s dramatic sell-off that drove prices down to the $3,450 level. The daily chart shows that ETH quickly rebounded from the 200-day moving average (red line), confirming it as a major area of demand. Price is now consolidating near $4,150, attempting to build momentum after a strong bullish candle on high volume — a potential sign that buyers are regaining control. However, ETH faces immediate resistance near the $4,250–$4,300 zone, which coincides with the 50-day moving average (blue line). This area previously acted as strong support, and reclaiming it would be essential for confirming a shift back into bullish structure. The 100-day moving average (green line) is now flattening, reflecting the market’s cautious sentiment following the massive liquidation event. If bulls manage to sustain price action above $4,000, the next targets lie near $4,500 and eventually $4,750. Conversely, failure to hold the 200-day MA could open the door to a deeper retest of $3,600 or lower. For now, Ethereum’s recovery remains technically constructive, but it must overcome these resistance levels to confirm that the recent rebound is more than just a short-term reaction to oversold conditions. Featured image from ChatGPT, chart from TradingView.com
  20. Yesterday
  21. Mantle (MNT) has reignited its bullish momentum, surging 30% in the past 24 hours to reclaim the $2.20 level after dipping as low as $1.50 over the weekend. The swift rebound underscores renewed buyer confidence following last week’s sharp correction from record highs. While MNT remains below its $2.84–$2.86 all-time high, the strong recovery suggests bulls are regaining control, potentially setting the stage for another push toward the upper range if momentum holds. Spot activity exploded, with daily trading volume up more than 60% to about $1.2 billion, while futures open interest climbed 9% to $269.7 million, a signal that speculative demand is accelerating alongside spot buying. Fundamental Tailwinds: RWAs, Stablecoin Liquidity, and Exchange Distribution Beyond the chart, Mantle’s rally is grounded in clear catalysts. The network’s Tokenization-as-a-Service (TaaS)stack is pulling real-world asset issuers on-chain, while the launch of USD1, a new stablecoin building on Mantle, is injecting fresh liquidity and utility into its DeFi rails. Distribution is another edge: Mantle’s deepening Bybit integration (treasury programs, listings, and roadmap alignment) is funneling sustained order flow, not just one-off hype. Analysts also highlight Mantle’s modular design (execution on Mantle with EigenDA for data availability and OP-stack upgrades) that lowers costs and improves throughput, important for tokenization, trading, and payments use cases. Can Mantle (MNT) Bulls Clear $3? The Levels and Scenarios Momentum favors further upside as a decisive close above $2.87 could open the door to $3.00, with extended targets near $3.60 if volume and open interest continue to rise. On the downside, $2.50–$2.55 is initial intraday support, followed by the must-hold $1.90–$2.00 zone; losing that would risk a deeper retrace toward $1.60–$1.75 where buyers last reloaded. For now, breadth (spot + derivatives), rising participation, and a tight, orderly trend argue for trend continuation rather than a blow-off top. Technically, MNT’s clean breakout above $2.00 was followed by strong follow-through and a steady series of higher lows. As long as price holds the $1.90–$2.00 demand zone, the bull structure remains intact, with traders eyeing $2.87 (recent high) and the psychological $3.00 mark next. Cover image from ChatGPT, MNTUSD chart from Tradingview
  22. Binance has confirmed that it reimbursed $283 million to users affected by a recent wave of liquidations triggered by asset depegging during sharp market volatility. The compensation was issued after USDe, BNSOL, and wBETH briefly lost their pegs, leading to a cascade of liquidations across several trading products. According to Binance, the reimbursement process was completed within 24 hours. Despite the chaos, the exchange stated that its core systems stayed functional throughout. It attributed the disruption to overall market conditions rather than any internal technical failure. What Actually Happened on October 10 On October 10, a sudden market crash sparked widespread forced liquidations across multiple platforms. Binance said that this extreme volatility was the backdrop for the depegging events involving three key assets: USDe, which is a synthetic dollar token, BNSOL, which tracks liquid staked Solana, and wBETH, which is a wrapped version of staked Ether. Each of these briefly detached from their expected values. Traders saw massive price swings, and in some cases, tokens appeared to hit zero. Binance later clarified that some of these “zero price” events were due to visual display errors, not actual price drops to zero. Nonetheless, the impact on trading positions was real. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in October2025 Who Got Paid and How It Was Calculated The $283 million payout covered users whose positions were liquidated while using any of the affected tokens as collateral across Binance’s margin, futures, or loan services. The exchange calculated compensation by comparing the liquidation prices to external market reference prices recorded at midnight UTC on the following day. Market Cap 24h 7d 30d 1y All Time Aside from the liquidations, Binance also acknowledged delays in internal transfers and Earn product redemptions. It promised automatic compensation within 72 hours for users affected by those issues and said those cases are being reviewed separately. A Move That Speaks to More Than Just Money The scale and speed of the reimbursement caught attention. Some market watchers noted that this kind of rapid payout is rare. While the move clearly covered financial losses, some believe it was also aimed at reinforcing user trust, especially in the wake of recent leadership changes and scrutiny directed at centralized exchanges. Analysts noted that although $283 million is a large sum, it still represents a small portion of Binance’s total trading volume and reserves. Even so, the gesture stood out as repeated crises in recent months have tested trust in centralized platforms. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What Binance Is Doing to Prevent a Repeat To reduce the risk of similar problems in the future, Binance has announced it will include redemption pricing in its price index calculations for certain assets. It also introduced minimum price thresholds for USDe, aiming to prevent major discrepancies during market stress. The platform also committed to ongoing monitoring and said it would report any suspicious activity related to the incident to regulators. This event has highlighted just how fast liquidity issues can ripple through the system, and it has put pressure on platforms to respond quickly and transparently. Whether this episode restores long-term confidence or sparks more questions will depend on what happens next. Binance’s response was swift, but the stakes for getting it right will only grow from here. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Binance reimbursed $283 million to users affected by the October 10 depeg incident involving USDe, BNSOL, and wBETH. Binance issued Compensation within 24 hours, covering liquidations across margin, futures, and loan products. Some tokens appeared to hit zero due to display errors, but the trading losses were real and triggered forced liquidations. Binance said the issue was market-driven, not a technical failure, and has since added pricing protections to reduce future risk. Analysts saw the payout as a move to restore user trust, especially as centralized exchanges face ongoing scrutiny. The post Binance Pays $283 Million After Depeg Triggers Liquidations appeared first on 99Bitcoins.
  23. BlackRock CEO Larry Fink has taken a noticeably different tone on Bitcoin. The man who once dismissed it as a tool for money launderers now calls it a legitimate “alternative” investment. He said he’s had to go back and challenge some of his earlier assumptions about the crypto world. In a recent CBS interview, Fink admitted that back in 2017, he considered Bitcoin to be mostly used by criminals. He openly acknowledged calling it “an index of money laundering.” That view, it seems, has changed dramatically. Today, he compares Bitcoin to gold. Not as a replacement for traditional investments, but as something that could sit alongside them in a well-diversified portfolio. It’s an Option, Not the Main Course Fink made it clear that while crypto may have a role to play, it should be a small one. He sees it as a way to add diversification, not something to bet the house on. The volatility, he says, is still a real concern. His take reflects what’s happening more widely in traditional finance. Institutions are warming up to crypto, but the approach is cautious. Nobody’s diving in headfirst. They’re dipping a toe, watching closely, and trying not to get burned. DISCOVER: 20+ Next Crypto to Explode in 2025 BlackRock’s Quiet Push Into Crypto BlackRock is not standing still. Under Fink’s leadership, the company has launched several crypto-related products. One of the most notable is its iShares Bitcoin Trust, which rolled out in 2024. That ETF has quickly become the biggest of its kind, reportedly managing nearly $94 billion in assets. Market Cap 24h 7d 30d 1y All Time Interestingly, Fink said that about half of the demand for this fund has come from retail investors. Even more surprising, most of them weren’t existing iShares customers. That suggests Bitcoin might be pulling in a different kind of investor—people who haven’t been interested in traditional funds but are curious about crypto. A Bigger Trend Is Taking Shape Industry watchers see Fink’s new stance as a sign of something bigger. Fabian Dori, the Chief Investment Officer at Sygnum, said crypto is starting to move from just institutional curiosity to actual adoption. He pointed to global uncertainty and fears around currency debasement as driving interest. Some believe Bitcoin could even become a reserve-like asset in the future, especially if concerns over US debt continue. Big firms like Fidelity and BlackRock are already weaving Bitcoin exposure into their products. Companies like Tesla have added it to their treasuries. It’s not just talk anymore. DISCOVER: Best New Cryptocurrencies to Invest in 2025 But Not Everyone’s Convinced Skepticism hasn’t gone away. UK firm Hargreaves Lansdown recently warned that Bitcoin has no intrinsic value and isn’t reliable for meeting long-term financial goals. Still, they’ve opened access to crypto products for certain clients, showing that hesitation doesn’t always lead to refusal. Meanwhile, the price swings continue. Bitcoin dropped from above $121,000 before bouncing back past $115,000. That kind of volatility keeps some investors excited and others far away. A Step Toward the Middle Fink’s comments suggest a middle path. He’s not fully embracing crypto, but he’s no longer writing it off either. Bitcoin is now on his radar as a real option, just not a primary one. His shift might reflect a broader rethinking happening across the financial world. Crypto may not replace the old system, but it’s carving out a place alongside it. Institutions are starting to take notice, and Fink’s new tone could be a sign of more change to come. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Larry Fink admitted he was wrong about Bitcoin, shifting from calling it an “index of money laundering” to seeing it as a legitimate alternative asset. Fink now compares Bitcoin to gold, saying it can add diversification to portfolios, but warns it should only play a small role due to its volatility. BlackRock has launched crypto products under Fink’s leadership, including the iShares Bitcoin Trust, which has grown to nearly $94 billion in assets. Fink revealed that half the demand for BlackRock’s Bitcoin ETF has come from retail investors, many of whom weren’t previous iShares customers. His updated view reflects a broader shift in traditional finance, where institutions are beginning to treat Bitcoin as a real option rather than ignoring it entirely. The post BlackRock CEO Larry Fink Now Believes Bitcoin “Serves Same Purpose as Gold” appeared first on 99Bitcoins.
  24. Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing a major obstacle in the company’s effort to repay users after last year’s large theft. According to reports, the court’s approval on October 13 allows the exchange to move ahead with a court-supervised recovery process tied to the $234 million hack that hit the platform in July 2024. Creditor Vote And Numbers Based on reports from the company, the revised plan won broad backing from affected account holders. In an August revote, 95.7% of participating scheme creditors voted in favor, and those votes came from 143,190 participating creditors representing about $196 million in approved claims. The strong turnout and result were used by WazirX to press its case to the Singapore court. The hack itself exploited a Safe Multisig wallet in mid-July 2024 and drained a large pool of user funds. Investigations and media accounts linked the breach to advanced cyber operators, and the theft forced WazirX to freeze both crypto and rupee withdrawals while legal options were explored. What Users Will Receive According to several outlets, users may recover a substantial portion of lost funds under the approved plan. Reports have said recoveries could reach up to 55% of the losses, delivered as a mix of immediate liquid payments and so-called Recovery Tokens that represent remaining claims to be fulfilled over time. WazirX has said the first wave of payouts — in stablecoin or USDT equivalent — would follow once the scheme takes effect. That mix means some users will get cash-equivalent payments quickly while others will hold tokens that the company intends to redeem as it regains assets or generates revenue. The plan shifts part of the repayment responsibility to entities inside India to comply with local rules, a change that was highlighted during court rounds. The road to approval was not straight. The Singapore court had earlier rejected a first version of the scheme after judges raised questions over the plan’s structure and oversight. That decision forced WazirX and its advisers to rework the proposal and secure a fresh vote from creditors before returning to court. Next Steps And Timeline If the scheme becomes effective under the court’s timetable, WazirX says distributions of available liquid assets will begin within 10 business days. That window is expected to trigger the initial USDT transfers while RTs are recorded for the remainder of approved claims. The exchange will still need to finish legal formalities and coordinate with payment processors and regulators. Featured image from Pixabay, chart from TradingView
  25. As the dust settles over a dramatic mass liquidation weekend, crypto prices are recovering, but with open interest already rising – what does it mean for Uptober? Leverage is quietly returning to the crypto market just as “Uptober” begins, a month known for strong Bitcoin rallies. Over the past 24 hours, derivatives traders have started rebuilding their positions after the weekend’s massive wipeout. Bitcoin’s futures open interest has bounced, and funding conditions are stabilizing across major exchanges. This rebound on October 13 comes as Bitcoin price steadies near $115,000. Market Cap 24h 7d 30d 1y All Time Rising leverage during a bullish seasonal trend can magnify both profits and losses as traders position for October’s historical strength. After last week’s $500 billion market drawdown and record liquidations, sentiment improved. (Source: Coinglass) Will Uptober’s Historic Trend Push Bitcoin and Ether Even Higher? Spot prices and overall market capitalization climbed back above $4 trillion, supported by calmer macro conditions and bargain hunting. Source: Coingecko The earlier $19 billion wipeout, which hit more than 1.6M traders, explains why leverage is rebuilding slowly. Seasonal trends are also helping sentiment. Since 2013, October has been one of Bitcoin’s strongest months on average, a pattern traders call “Uptober.” History doesn’t guarantee outcomes, but it often gives buyers more confidence after sharp corrections like this one. DISCOVER: Best Meme Coin ICOs to Invest in 2025 A Glance at Open Interest: Is the Uptober Rally Backed by Sustainable Market Activity? Data from Coinglass shows Bitcoin’s futures open interest rising again after the early-month liquidations. (Source: Coinglass) The recovery in OI signals that traders are cautiously adding positions, a typical sign at the start of “Uptober,” when leverage begins to return to the market. From early October, open interest (OI) has climbed back toward the $26-$28 billion range, tracking Bitcoin’s rebound above $115,000. The chart shows a close link between rising OI and Bitcoin’s upward momentum, suggesting that traders are reopening long positions as confidence returns. This occurred after the price dropped sharply in late September, resulting in one of the largest OI declines of the year. The consistent increase in the OI when prices are stable is usually an indication of renewed faith in the market, as opposed to excessive speculation. However, when OI grows too rapidly without corresponding spot demand, it can indicate that it is over-leveraging a structure that can regularly result in yet another round of liquidations. The Uptober activity is currently gaining momentum, as evidenced by measured OI and price increments, indicating that the Uptober activity is catching on with measured derivatives trading. The next few days will confirm whether this leverage accumulation can help the market continue its upward trend or not. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post What Does Open Interest Mean For Uptober As Market Recovers? appeared first on 99Bitcoins.
  26. In recent years, central banks have been preoccupied with monetary easing, and few in the market have considered the question: who will be the first to raise interest rates again? That central bank could potentially be the European Central Bank (ECB), which was the first to cut rates to "neutral" levels and the first to return inflation to its target. Therefore, a moment may come in the future when inflation starts to accelerate again, prompting the ECB to take a more hawkish stance. Among major central banks, the ECB appears closest to that point. The Consumer Price Index (CPI) in the eurozone remains slightly above 2%. However, according to ECB President Christine Lagarde and several other policymakers, inflationary risks persist due to factors such as Trump's trade war, rising global energy prices, and continued geopolitical uncertainty. Therefore, an inflation acceleration scenario is not fiction. Economists at Deutsche Bank also project that inflation will gradually increase over the next 1–2 years. As a result, the ECB could deliver its first interest rate hike since the COVID-19 era by the end of 2026. Of course, this is a long-term prospect, and because global conditions evolve rapidly, forecasting an entire year ahead is questionable. Still, such forecasts reflect a key point: among the three major central banks that influence EUR/USD and GBP/USD, the ECB may adopt the most hawkish stance. This is very favorable news for the euro, as its overall news backdrop remains relatively strong. Meanwhile, the Federal Reserve is expected to remain dovish over the next year, and the British pound is also closely tied to this softer tone. Even focusing only on monetary policy, one could argue that demand for the euro and pound will continue to increase, while interest in the U.S. dollar may wane. Wave Analysis for EUR/USDAccording to the analysis of EUR/USD, the pair continues building an upward segment of the trend. The wave structure still depends heavily on developments aligned with Trump's decisions and the internal and foreign policy of the new U.S. administration. The targets for the current bullish wave may extend as far as the 1.2500 range. A complex corrective wave 4 is currently forming and nearing completion—although it's unfolding in a very intricate manner. The broader bullish framework remains valid. Therefore, in the near term, I continue to consider only long positions, even though the corrective a-b-c wave structure has not fully concluded yet. By year-end, I expect EUR/USD to rise to 1.2245, which corresponds to the 200.0% Fibonacci. Wave Analysis for GBP/USDThe wave structure of GBP/USD has changed. The pair remains within a larger upward impulsive move, but its internal structure has become more complex. Wave 4 is taking shape as a complicated three-wave correction—significantly longer in duration and range than wave 2. At present, we are witnessing the formation of another three-wave corrective structure, which may soon reach completion. If confirmed, the broader uptrend may resume, with initial upside targets in the 1.3800 to 1.4000 range. Core Principles of My Analysis:Wave structures should be simple and easy to interpret. Complex patterns are harder to trade and are more prone to change.If you're uncertain about the market's direction, it's better not to enter at all.There is no such thing as 100% certainty in market movement. Always use stop-loss orders.Elliott Wave analysis can be combined with other types of market analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com
  27. It is also noted that Chinese companies are not only actively seeking alternative markets but are also using third countries to route their goods into the United States. I wrote about this back in the summer. The practice of bypassing sanctions through intermediary countries is widely used worldwide. For example, if China cannot export goods directly to the U.S. due to high tariffs, those same goods can be shipped first to South Korea or Japan and then re-exported to the United States under the guise of Korean or Japanese origin. The added costs for logistics and reprocessing are far less than the draconian tariffs imposed by Trump. It's well understood in financial markets that when tariffs exceed 100%, their purpose is not really to collect revenue. At those levels, cross-border trade ceases almost entirely. Trump is essentially blackmailing China with access to the U.S. market. The message: meet my conditions, or trade stops altogether. But for six months now, China has shown that while it values access to the U.S., other markets are willing and ready to buy Chinese goods. Beijing's decision to restrict exports of rare-earth metals is a calculated countermove by Xi Jinping. The Chinese leader is demonstrating that his country is capable of not only retaliatory actions but also offensive ones. If China's industries are no longer reliant on the American market, why not strike against their largest competitor? Trump quickly responded to Xi's decision but framed the situation as if China were hurting the entire world, not just the United States. In reality, China has shown no aggression toward the EU or other nations with amicable relations. Regardless of Trump's tariffs, Chinese goods remain highly competitive—unlike the prohibitively expensive products made in the U.S. and Europe. Western goods are essentially luxury items for the wealthy, whereas Chinese products define the global mass-market, used by approximately 80% of the global population. In this light, China won't be lost without access to the U.S. market. But the U.S. may soon find itself cut off from vital rare-earth materials—or forced to import them indirectly through intermediary countries. Wave Analysis for EUR/USDAccording to the analysis of EUR/USD, the pair continues building an upward segment of the trend. The wave structure still depends heavily on developments aligned with Trump's decisions and the internal and foreign policy of the new U.S. administration. The targets for the current bullish wave may extend as far as the 1.2500 range. A complex corrective wave 4 is currently forming and nearing completion—although it's unfolding in a very intricate manner. The broader bullish framework remains valid. Therefore, in the near term, I continue to consider only long positions, even though the corrective a-b-c wave structure has not fully concluded yet. By year-end, I expect EUR/USD to rise to 1.2245, which corresponds to the 200.0% Fibonacci. Wave Analysis for GBP/USDThe wave structure of GBP/USD has changed. The pair remains within a larger upward impulsive move, but its internal structure has become more complex. Wave 4 is taking shape as a complicated three-wave correction—significantly longer in duration and range than wave 2. At present, we are witnessing the formation of another three-wave corrective structure, which may soon reach completion. If confirmed, the broader uptrend may resume, with initial upside targets in the 1.3800 to 1.4000 range. Core Principles of My Analysis:Wave structures should be simple and easy to interpret. Complex patterns are harder to trade and are more prone to change.If you're uncertain about the market's direction, it's better not to enter at all.There is no such thing as 100% certainty in market movement. Always use stop-loss orders.Elliott Wave analysis can be combined with other types of market analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com
  28. One of the most notable developments on Monday was the release of China's export and import statistics. The data revealed that in September, China's export volume not only increased but exceeded market expectations by a wide margin. What relevance does this have to EUR/USD and GBP/USD? Direct relevance—even though the U.S. dollar has been strengthening recently, which, to say the least, contradicts the news backdrop, though it partially matches the wave structure. So, export volumes are rising. This means China is successfully exporting more goods to other countries—excluding the U.S. Exports rose by 8.3% in September, and the trade surplus reached $90 billion. For context, for over a month now, Chinese imports to the U.S. have been subject to a flat 30% tariff. Chinese goods in the U.S. have become a third more expensive, yet exports are still increasing. This is only possible if China redirects more of its trade toward other regions. Essentially, China is carrying out a deliberate policy of risk diversification—namely, reducing reliance on U.S. markets amid an increasingly antagonistic trading environment under Donald Trump. Beijing understands well that Trump won't let it operate freely within the U.S. market. His stance boils down to: "If you want access to our market, comply with our list of conditions," which is constantly growing, often through ultimatums. Ironically, export figures to the U.S. aren't just falling—they're collapsing. For six straight months, Chinese exports to the U.S. have dropped by double-digit percentages. Meanwhile, exports to the EU, Africa, and Latin America are rising. China is signaling that global demand for its goods remains robust. The U.S. market may be attractive, but it is not irreplaceable. Ahead of upcoming negotiations with Washington, Beijing is significantly strengthening its hand. Recall that Trump announced a 100% tariff hike on Chinese goods starting on November 1. But by now, these tariffs may have lost their leverage—China's export flows and GDP may be minimally affected. If the U.S. doesn't want cheap Chinese goods, that's fine—China will sell them to other countries without the baggage of demands attached. Wave Analysis for EUR/USDAccording to the analysis of EUR/USD, the pair continues building an upward segment of the trend. The wave structure still depends heavily on developments aligned with Trump's decisions and the internal and foreign policy of the new U.S. administration. The targets for the current bullish wave may extend as far as the 1.2500 range. A complex corrective wave 4 is currently forming and nearing completion—although it's unfolding in a very intricate manner. The broader bullish framework remains valid. Therefore, in the near term, I continue to consider only long positions, even though the corrective a-b-c wave structure has not fully concluded yet. By year-end, I expect EUR/USD to rise to 1.2245, which corresponds to the 200.0% Fibonacci. Wave Analysis for GBP/USDThe wave structure of GBP/USD has changed. The pair remains within a larger upward impulsive move, but its internal structure has become more complex. Wave 4 is taking shape as a complicated three-wave correction—significantly longer in duration and range than wave 2. At present, we are witnessing the formation of another three-wave corrective structure, which may soon reach completion. If confirmed, the broader uptrend may resume, with initial upside targets in the 1.3800 to 1.4000 range. Core Principles of My Analysis:Wave structures should be simple and easy to interpret. Complex patterns are harder to trade and are more prone to change.If you're uncertain about the market's direction, it's better not to enter at all.There is no such thing as 100% certainty in market movement. Always use stop-loss orders.Elliott Wave analysis can be combined with other types of market analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com
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