Quick BTC Update

Overall tone unchanged - still indecisive since the last update.

BTC remains below the 7D/30D/90D RVWAPs and the YTD VAH - bearish trend intact.

The must-reclaim level is 116K. A hold above = uptrend resumes. Until then, stay extremely cautious: any tariff headline (increasingly frequent lately) can crack price lower.

On the 1H, 110,400 is defense; it needs to hold. Lose it = risk a move to 108K (1D EMA200) or 106,800 (1D Bollinger lower band).

ETF flows are unstable (yday –$94M). Macro signals are cautionary: DXY still elevated and VIX > 20. The U.S.–China meeting in Seoul is late October, so this trend may persist into then—with upside starting in early November.

Plan: I’m eyeing a dip to 108–106K as a long entry zone.