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olumide 02
much calmer than this morning. After last night's PPI spike, the day was all about recovery, but don't be fooled by this rebound; the structure hasn't been repaired.
First, let's talk about $BTC, currently priced at 82240, with last night's low at 79725. The price has recovered, but open interest dropped from 2.58 billion to 2.45 billion, and the long-short ratio fell from 1.88 to 1.63. The funding rate is hovering around zero, and no one is willing to pay.
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Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
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2#AI stocks pull back: UBS says position reset, Bank of England warns of crash risk
3#Trump says the possibility of a large-scale strike on Iran is low, oil prices plummet
