Markets· ★★★· neutral·

Bitcoin's weekend rebound faces $80,400 test after nearly $730 million in ETF outflows

  • —US spot Bitcoin ETFs bled $484.9 million and $244.1 million on Oct. 7–8
  • —Binance BTC futures open interest at $7.70 billion with negative funding
  • —Deribit Oct. 11 expiry put/call ratio at 1.77 on $174 million in puts
  • —Deribit DVOL at 36.63%, implying a two-day range of $80,400–$84,800
Why it matters: Holding $80,400 keeps a move toward $84,500–85,000 alive; losing it brings $80,000 back into play with fresh long liquidations.
#BTC
Source: CryptoSlate
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