
Post
taishiro
Today's macro focus includes U.S. Q3 productivity data and the Bank of England decision. Friday brings the U.S. October employment report.
My take:
The recovery is encouraging, but I want to see BTC reclaim $81.3K before giving the bullish case more weight.
For now, $75K remains an important downside reference.
📊 CRYPTO MARKET WATCH | NOV 5
Bitcoin is recovering, but the market still has some work to do.
BTC is trading around $78.5K, up 2% over 24 hours, while ETH has gained 2.6% to $2,330.
Here's what matters:
• Total crypto market cap: $2.695T
• BTC dominance: 58.6%
• BTC support: $77.3K–$76.5K
• Major downside support: $75K
• First major resistance: $81.3K
Institutional flows remain a headwind.
The latest fully reported U.S. spot ETF session (Nov 2) recorded:
• BTC: -$398.6M
• ETH: -$139.7M

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