Bitcoin options turn bearish as BTC flirts with drop below $80K
Bitcoin options flashed extreme fear signals as the spot BTC ETF outflows rose, and the odds for a drop below $80,000 increased. Will dip buyers step in to save the day?
Bitcoin BTC $84,005
underwent a sharp 10% correction between Wednesday and Thursday, retesting the $81,000 level for the first time in over two months. The move occurred as traders grew increasingly cautious following significant outflows from spot Bitcoin exchange-traded funds (ETFs), particularly as gold prices dropped 13% from their Wednesday all-time high.
The strong price changes caused traders to question the strength of the $80,000 psychological support level.
#BTC #bitcoin #✅
🚨 OKX FOUNDER SAYS OCT 10 CRASH WAS NO ACCIDENT AND HINTS AT BINANCE’S ROLE
OKX founder Star Xu said the October 10 market crash was caused by irresponsible marketing and excessive leverage, not bad luck or complexity.
He explained that high-yield campaigns encouraged users to treat USDe like a normal stablecoin, despite it carrying hedge-fund-level risk. This triggered leverage loops that pushed perceived “safe” yields above 70%, building massive systemic risk.
When volatility hit, $USDe depegged and liquidations cascaded across the market, with some assets briefly trading near zero.
While Star said he is not attacking Binance, he stressed that the largest exchange carries outsized responsibility, warning that crypto cannot be built on yield games and hidden risk.
His message was clear.
Leadership matters and what Binance normalizes today could shape the entire industry tomorrow.
Source: @star_okx
$XRP — This is where markets decide who gets paid
XRP is sitting right on the edge of its descending channel, tapping into the 1.75–1.80 demand zone — a level that has repeatedly forced rebounds in the past. Price isn’t random here. This is a pressure zone.
What’s happening now:
Sellers are still in control below the descending trendline
Buyers are defending aggressively around 1.75–1.80
Volatility is compressing… and that usually ends with expansion
Two clear paths from here:
Bull case:
A strong reaction + daily close above ~2.00 flips structure.
Reclaim the channel midline, and XRP has room to run toward the 2.30–2.60 supply zone without much resistance.
Bear case:
Lose this demand, and price likely hunts liquidity below 1.70 fast.
No mercy moves usually happen after failed supports.
This isn’t a place to guess.
This is a place to wait, watch, and strike when confirmation hits.
XRP is loading energy —
the next candle decides everything
🗽Fed Holds Rates Steady: FOMC Update The Federal Reserve's FOMC held interest rates unchanged at 3.5%-3.75% in its January 28, 2026 meeting, pausing after three cuts in late 2025 amid sticky inflation at 2.7% and a stable 4.4% unemployment rate.
Chair Jerome Powell emphasized a data-dependent approach during his press conference, signaling balance between inflation control and labor support without committing to near-term cuts.Crypto Market Reaction Bitcoin (BTC): Dipped briefly below $88,000 post-announcement but stabilized around $88K, reflecting relief from prolonged high rates; year-to-date gains intact near 5-10%.Ethereum (ETH) & Altcoins: ETH hovered at $3,100 with ETF inflows cushioning downside; risk assets like SOL and XRP showed resilience amid neutral Fed tone
Outlook: Markets price in a June rate cut (one 25bps expected), boosting liquidity hopes for crypto rallies toward BTC $95K+ if inflation cools further.Powell's steady rhetoric eases 2026 uncertainty, supporting crypto's risk-on rebound despite political pressures on the Fed. Stay tuned for Powell's full remarks.#FedHoldsRates #WhoIsNextFedChair #GoldOnTheRise #ShazaanHazenax
Feels good at the top, hurts right after. On-chain doesn’t lie ever. buying strength without confirmation is how paper gains turn into real losses 😂
The wallet that chased #GOLD near the top, buying around $5,365 has started to unwind, slowly and carefully.
Over the past 24 hours, address 0x0E4…4927E sent 454.29 $XAU (roughly $2.32M) into Bybit. If those tokens get sold around current levels, the realized hit would land near $115K, with an average exit price around $5,111.11.
And the position isn’t fully gone yet. The wallet is still sitting on 1,000 #XAUT , which at current prices is carrying an unrealized loss of about $431K. Heavy bag, lighter conviction.
Address for refrence: 0x0E4F3ed5B2A3dB2A2940c638418530e9f5c4927E
FINALLY OUR THOUGHTS: Chasing tops always feels justified in the moment, until the chart cools off and you’re left deciding whether to hold the bag or just take the L and move on. Happens very fast.
#plasma $XPL
Added $XPL to my portfolio based on a favorable technical and risk-reward setup.
From a market structure perspective, price has formed a clear double bottom, followed by a disciplined reaction from a well-defined support zone. The current bounce shows constructive price behavior, suggesting sellers are losing control while buyers are stepping in with intent. Volatility remains contained, which strengthens the validity of the setup.
👉What stands out is the positioning: the asset remains unpumped, sentiment is relatively quiet, and downside risk is clearly defined against support. That combination typically offers asymmetric upside if momentum continues to build.
This is not a momentum chase, but a calculated entry based on structure and patience.
If confirmation follows, $XPL could reprice quickly as attention returns.
@Plasma
$BTC IS BEING DEFENDED NOW! $BTC
Entry: 83,800 – 84,200 🟩
Target 1: 86,000 🎯
Target 2: 88,000 🎯
Target 3: 89,800 🎯
Stop Loss: 81,550 🛑
Massive buying pressure is re-emerging at critical support. The sell-off just exhausted sellers. Buyers are back in control. This is your shot to catch the immediate reversal. Price is stabilizing above key levels. Momentum is screaming upwards. Get in before the squeeze. Risk is clearly defined. Profit potential is huge. This is it.
#BTC #CryptoTrading #Bullish #FOMO 🚀
{future}(BTCUSDT)