Market differentiation! BTC is trapped by 110,000 support, PUMP leads altcoins to surge 16% against the trend?

Nakamoto 2025-10-30 19:36 90904人围观 BTC

👆Follow me to share Web3 cutting-edge news every day👆Jinqun+Q: 3846328374 The cryptocurrency market is divided, with a total market value of 24 Hours fell by more than 42 billion US dollars to 3.71 trillion US dollars, Bitcoin (BTC) fell to 110,773 US dol

👆Follow me to share Web3 cutting-edge news every day👆Jinskirt +Q: 3846328374
The cryptocurrency market showed a divided market. The total market value fell by more than 42 billion US dollars in 24 hours to 3.71 trillion US dollars. Bitcoin (BTC) fell to 110,773 US dollars. However, most altcoins bucked the trend and rose, with PUMP leading a rise of nearly 16%. The market was affected by expectations of an interest rate cut by the Federal Reserve.

Overall market decline: Interest rate cut expectations trigger short-term adjustments

This market decline is not due to increased pessimism, but due to expectations of an interest rate cut by the Federal Reserve. A 25 basis point cut in interest rates will increase the attractiveness of risky assets, which will be beneficial to the cryptocurrency market in the long term.

(Data source: TradingView)

The current total market capitalization holds the support level of US$3.67 trillion. If macro signals and investor sentiment improve, it is expected to rebound to exceed US$3.73 trillion, with a target of US$3.81 trillion.； If the market deteriorates, it could fall below $3.60 trillion.
Enter skirt +Q: 3846328374

BTC is under pressure to test support, and the long-short game focuses on key price levels

BTC is currently holding the key psychological support level of $110,000, which has been tested within 24 hours. The RSI indicator fell below the neutral line, bearish sentiment increased, and if the support fails, it may drop to $108,000.

Bitcoin price analysis.

(Data source: TradingView)

If it can rebound from $110,000, it is expected to rise back to above $112,500, and then hit $115,000, reversing the short-term bearish trend.
Enter skirt +Q: 3846328374

Altcoins buck the trend and diverge, PUMP leads the way and is expected to break through resistance

Most altcoins did not follow the decline of BTC and showed independent upward trends.

PUMP performed outstandingly, with the price rising nearly 16% and currently trading at $0.00534. It is expected to break through the resistance level of $0.00563 in the short term, with a target of $0.00622.

Water pump price analysis.

(Data source: TradingView)

However, we need to be alert to the risk of sharp selling by short-term holders (STH). If concentrated selling occurs, the price may fall back to $0.00460, causing bullish expectations to be dashed.

That’s it for today’s article. I don’t know what to do in the bull market. Welcome to join the skirt+V: sun568298 for free.