Bitfinex Alpha | Market Stabilises, but Momentum Remains Tentative
Review full report
Subscribe to Bitfinex Alpha
Subscribe
to Bitfinex Alpha!
Want to receive Alpha from Bitfinex every week?
Subscribe
if (document.cookie.indexOf('sticky-note-subscribe=1') === -1) { document.querySelector('#sticky-note-subscribe').style.display = 'block' } document.querySelector('#sticky-note-subscribe-cta').addEventListener('click', (e) => { e.preventDefault(); document.querySelector('#sticky-note-subscribe').style.display = 'none' document.cookie = 'sticky-note-subscribe=1; max-age=7776000'; });
.wp-block-buttons > .wp-block-button { flex: 1; } .wp-block-buttons .wp-block-button .wp-block-button__link { display: block; text-align: center; } .wp-block-buttons .wp-block-button:last-child .wp-block-button__link { background-color: #1ABC91; border-color: #1abc9c; color: #fff; }
Following the historic $19 billion market liquidation event on October 10th, crypto markets have stabilised within narrower ranges. Bitcoin continues to defend its key structural support at $107,500, which is the lower end of the July air gap which now serves as a critical floor. However, BTC remains below several key on-chain resistance levels, suggesting that while downside momentum has eased, the recovery phase is still tentative.
