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taishiro
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When confidence in a major trading venue is shaken, traders reduce exposure, move capital, close leveraged positions, and become less willing to take risks. That selling pressure doesn't stay confined to the exchange where the problem started.
It spills into the wider market.
There is also a bigger contradiction worth examining. SOL's reported ecosystem activity remains strong, yet its price is struggling below $100.
#USCorePCERisesTo3.1%
dank1
The "October Curse" in the crypto circle strikes, panic spreads! The Binance security incident triggered a chain sell-off, combined with rising expectations of Federal Reserve rate hikes, nearly 250,000 people in the market suffered liquidation.
BTC (current price about $76,981)**: Impacted by Binance's over $3 billion security incident, BTC once fell below $77,000, and the fear and greed index sharply dropped to 38. However, some institutions believe this is just an individual exchange risk, not a deterioration of Bitcoin's fundamentals; the MVRV indicator has already entered the undervalued zone.
**ETH (current price about $2,239): The trend is particularly weak, with whales selling about 160,000 ETH in the short term. Coupled with the testnet upgrade delay, analysts warn that if $2,385 cannot be reclaimed, it may further drop to $2,000.
SOL (current price about $94.29): The ecosystem activity remains strong (October trading volume exceeded 9 billion transactions), but dragged down by the overall market, it fell below the $100 mark. It is currently testing the long-term support zone of $73-$76; holding this support is key to a potential rebound.
Summary: The current market is dominated by security incidents and macro risk aversion sentiment, with mainstream coins generally under pressure. In the short term, focus on whether BTC can stabilize at the $75,000 support, ETH can reclaim $2,385, and SOL can hold $76. These three key levels will determine the market direction ahead.
#美国9月核心PCE升至3.1%，加息预期仍高
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