Hanging by a Thread

DAILY MARKET OVERVIEW

Sliding Deeper

👋 Hey, Crypto Enthusiasts! The market continues to slide and sentiment is cracking. Let’s dive in.

Bitcoin’s bleeding again, hitting $103K today, with the Fear & Greed Index now buried in extreme fear. The pain is spreading across the board - and traders are starting to ask how much deeper this can go.

Bitcoin ETFs saw a brutal $536 million in net outflows on Thursday, confirming what price already told us: capital’s leaving the space fast.

This isn’t just crypto weakness. It’s a macro unwind. Global risk assets are selling off in thin liquidity, bonds remain shaky, and credit conditions keep tightening. The market’s in classic "risk off" mode.

The geopolitical situation isn’t helping either. The U.S.–China tariff drama just got messier:

• 🇺🇸 TRUMP: "Such high tariffs on Chinese goods are not sustainable."

• 🗣️ Asked if the tariffs will stand: "No..."

• 🇨🇳 Meeting with Xi Jinping confirmed in two weeks.

Markets are taking note. The uncertainty here is fuel for volatility, and with the FOMC meeting in 12 days, traders are bracing for impact. A dovish tone could spark relief - a hawkish one could crush what’s left.

Where We See Bitcoin Going ❓️ 

Right now, $105K is the line in the sand. Lose that, and $97K–$98K is next support. Below that? $88K becomes the final major zone before panic really sets in.

Patience is key. The setup for a late-year bounce is still technically possible, but we’d need a clear catalyst - and at the moment, it’s missing. We’re staying cautiously optimistic, watching for clues.

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SOCIAL SENTIMENT

🤔 Altcoin Anxiety

The altcoin market is looking weak - and it could get worse if Bitcoin slips below $100K.

BTC dominance is sitting at 59%, right where it was before last week’s crash. That means alts have held up relatively well so far. But another leg down, and BTC dominance could spike past 60%, triggering a fresh wave of bleeding across smaller caps.

⚠️ If you’re overexposed in alts, stay alert.

🔻 Meanwhile, Coinbase premiums keep dropping - a sign that buyer interest in BTC and ETH is fading. Retail’s tired, institutions are stepping back, and liquidity’s thinning fast.

For now, Bitcoin needs to stabilize before the market can rebuild confidence. Until that happens, cheap season continues, and the grind down isn’t over yet.

Stay patient, stay alert, and protect capital.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Uniswap Adds Solana Support to Its Web App
Uniswap now supports Solana wallets and SOL swaps directly in its web app, aiming to unify Ethereum and Solana DeFi ecosystems.

Ripple Labs Leads $1 Billion Raise for New XRP Treasury
Ripple is leading a $1 billion fundraise to build a new XRP treasury, alongside its $1 billion acquisition of fintech firm GTreasury.

Florida Bill Would Let State and Pension Funds Invest in Bitcoin
A new Florida bill proposes allowing up to 10% of state and pension funds in bitcoin and crypto ETFs, echoing similar laws in Texas.

Caliber Buys $2 Million More in Chainlink for Its Treasury
Real estate firm Caliber added $2 million in Chainlink to its treasury, bringing holdings above $10 million and deepening its DeFi focus.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Lark Davis – Are Altcoins Dead? [Truth: Most Are.] (17.10.2025 Summary)

Lark addresses growing fears in the market - are altcoins finished? After a brutal crash and lackluster performance compared to Bitcoin, many investors are questioning whether the altcoin game is still worth playing. Lark says altcoins aren’t dead, but the days of blindly holding hundreds of coins are over.

Lark’s Outlook – Key Points

• Altcoin market is lagging badly – Most altcoins haven’t reclaimed their 2021 highs, while Bitcoin did so over 20 months ago. Even newer local highs haven’t been touched in many charts.

• ETH holds things together – Without Ethereum, the rest of the altcoin market looks even worse. Charts excluding ETH show much weaker recoveries and lower demand.

• Retail has left the building – There’s little to no retail participation in altcoins, and institutions are focusing only on top assets like BTC and ETH.

• Only a few coins are investable – Lark estimates maybe 100 altcoins at best are worth serious attention. The rest are high-risk and often short-term plays.

• Greed can return fast – Despite the fear, altcoins could pump hard once sentiment shifts. A single green candle can flip the entire market mood.

Final Takeaway

Altcoins aren’t dead, but the market has changed. If you’re investing, do your homework and stay selective. Don’t expect every alt to moon - most won’t.

Ivan On Tech – GOING LOWER!! THIS IS BAD (17.10.2025 Summary)

Ivan warns that Bitcoin is at serious risk after losing a major support level around 105K. While others were buying the dip, he advised caution and believes now is the time to focus on capital preservation, not catching a falling knife.

Ivan’s Outlook – Key Points

• Bearish trend confirmed – Bitcoin closed below key support, breaking a structure that held since May. Ivan sees no reason to rush into buying unless it reclaims 110K.

• Protect your capital – Ivan stresses de-risking, especially since BTC could fall to 96K or even 75K in a worst-case scenario.

• Still a bull cycle – Long-term trend remains intact, but short-term downside risk is growing. A return to 50K-60K wouldn’t be surprising if a bear phase sets in.

• Institutions are selling too – Ivan highlights BlackRock dumping assets and notes that institutional behavior mirrors retail panic, not long-term conviction.

• Altcoins remain weak – Most alts are still in bearish trends. Even ETH is hovering just above key levels.

Final Takeaway

Ivan is not calling for a full-blown bear market yet, but he urges caution. For now, protecting your portfolio is more important than chasing rebounds.

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