$BTC Continued pushing higher last night with meaningful volume expansion, now back near the previous high around 86,700. The key is whether this is a genuine breakout or another fake breakout bull trap; if it breaks out for real, it could surge straight to 89,000. Those holding short positions should take note: there is an expectation of further upside from this level, so it is recommended to reduce positions first and keep a small core position. A more comfortable short entry would be around 89,000–90,000, within 1,000 points. Altcoins are still being drained of liquidity, with few showing any decent gains. $WLD The key is whether it can hold above 0.58; holding there would create breakout expectations. $ZRO Around 1.9, the bias is instead toward shorting, with a stop-loss at 2.1 above. ⚠️ Altcoins are basically all breakout trades now, so make sure to set your stop-loss properly; fake breakouts can fall ruthlessly.

Institutional investors: optimism is growing, but flows are mixed Citi raised its 12-month targets for BTC ($113K) and ETH ($3028), while UBS is actively hiring digital asset executives, signaling growing interest. Spot BTC ETFs showed mixed results: a $134 million inflow on October 1, but a $149 million net outflow on September 30. Whales are also reducing their BTC positions while increasing their ETH holdings. Bottom line: Despite optimism among major players, the market remains cautious, with capital being reallocated across assets and sectors, including RWA tokens.

Traveled 80 kilometers round trip to attend a crypto meetup, BTC breaks through a key resistance level; watch for changes in subsequent trading volume