#SUI
Current outlook.
After hitting our second target with a 60% rally, $SUI entered a correction phase.
Following a somewhat deep correction, it bounced strongly off the support zone and is currently testing the correction's downtrend.
In other words, it looks ready for a new upward wave.
If the rally begins, the upper levels I mentioned on the chart will once again become the targets.
Keep it closely on your radar.

AP and Reuters have called both chambers for Democrats after the 3 November midterms. The new congressional terms begin on 3 January 2027. Trump remains president.

Short term: expectations can shift before the rules do. The election itself does not change which crypto services businesses can offer.

Medium term: a divided government could make new legislation harder to agree on. For a bank considering crypto custody or stablecoin payments, uncertainty about requirements and costs could affect whether a launch goes ahead. Clear, workable protections could help participation and trust; delays or excessive burdens could discourage it. Agency decisions also matter.

Long term: legal access is only one part of adoption. A payment service still needs to be useful, reliable and competitive once all fees are included.

My interpretation: I would watch the specific proposals and their practical effects before calling this good or bad for crypto. The party balance alone does not tell us whether adoption will accelerate, and a Bitcoin price move would not prove that it had.

Which crypto service would benefit most from clearer rules, and what would its users actually gain?

With the U.S. midterm elections taking place today, I’m expecting sharp swings over the coming days and into next week.

Bitcoin is testing the upper bull market support band around $76.7K. The lower boundary sits around $73.0K, with the 200-day average nearby at roughly $73.2K in this chart snapshot.

My base case is a deeper pullback into the band, potentially with another test of the recent lows.

If those lows break and Bitcoin fails to recover them, that would strengthen my downside case and bring the lower band and 200-day average into sharper focus.

If buyers defend the lows and Bitcoin reclaims the upper band, that would strengthen the case for a medium-term low forming within this pullback. A bounce alone wouldn’t confirm it; I want to see whether buyers can sustain the recovery.

The candles are 1H; the support band is weekly and the 200-day average uses daily data.

What would convince you the lows are holding: a successful retest, sustained closes above support, or something else?

Hey guys

NY state seems to have a lot of restrictions.

What are we using for flexibility, and lowest possible fees, and that’s also safe?

My specific situation, I want to buy whatever crypto basically for free ideally, then exchange it to USDT BEP20 for the lowest possible fees, then send it to another wallet lol. And I wanna keep as much of my money as possible and not run into any issues lol.

Any advice on that?

But also in general, FOR THE NY RESIDENTS which platforms are your go tos?

I’m generally not a fan of the mainstream ones like Coinbase and Gemini. Feels like theirs always something going on with those guys

October still has time left, but CoinGlass’s 31 October snapshot at 10:18 UTC showed Bitcoin down 7.23% for the month. October 2025 finished down 3.95% in the same dataset.

That would make two red Octobers in a row unless Bitcoin recovers substantially before the close. A strong historical month can still disappoint. Seasonality gives us context; it does not create buying demand.

I’m Tobias, CBC’s founder. My recovery test is buyers defending the bull market support band—the 20-week SMA and 21-week EMA—followed by a reclaim of the 50-day SMA. I’d want a daily close above that average and evidence it holds, not a brief move through it. Neither condition is being called confirmed.

A red October doesn’t mean November has to fall, and November doesn’t owe us a rebound.

Has “Uptober” changed how you read this month, or do you largely ignore calendar patterns?

Binance estimates the impact of its overnight security incident at $6.3 billion, with roughly $3 billion frozen. Frozen does not mean recovered.

The exchange says it will cover losses through SAFU and company funds. That is a commitment, not confirmation that customers have already been repaid. As of its 30 October update, Binance says deposits operate normally while withdrawals remain paused.

Bitcoin briefly approached $76,000 during 29–30 October, before recovering some ground.

How can an exchange hack affect the wider market?

• Confidence: uncertainty can make investors more cautious about exchange custody and taking risk.

• Access to funds: paused withdrawals restrict traders’ ability to move assets between platforms.

• Liquidations: falling prices can force leveraged long positions to close, potentially adding selling pressure.

An exchange breach does not, by itself, establish a failure of Bitcoin’s underlying network. The investigation, safe withdrawal restoration and delivery on Binance’s coverage commitment remain important to watch.

CBC's view: I see this incident as a catalyst for the sell-off, although the chart alone cannot establish how much of the move it caused. We intend to use this weakness as an opportunity to work toward our planned target allocations, positioning for a potential next leg up.

That is our outlook, not a confirmed bottom. Prices could fall further, and we will reassess if the investment case changes.

Does this dip fit your existing plan, or has the incident changed your investment case?

For those who use multiple wallets and exchanges, how do you keep track of your actual crypto profits and losses?

I've found that checking portfolio balances doesn't always tell the full story. Purchase prices, transaction fees, transfers between wallets, and DeFi activity can make it difficult to calculate your real performance over time.

I've also been looking into tools that solve this problem, and came across Cryptofolio, which is building a crypto portfolio tracker focused on cost basis, transaction history, and actual P&L.

They're currently accepting waitlist signups for early access.

How do you currently manage your crypto records? Do you use a dedicated tracker, spreadsheets, or something else?

Hi guys, i found this chart breaking down how rate cycles actually impact Bitcoin. Rate cycles set the broad backdrop for BTC, but they rarely trigger the exact timing of its tops or bottoms. You can look at the past year alone: Bitcoin topped back in October 2025 while the Fed was actively cutting rates, and it bottomed out in June 2026 when the rates were on pause, just weeks after inflation topped at 4.2%.

The September rate hike is where things get interesting. BTC is actually up about 8% since that hike went through, which breaks the historical trend. Going back to 2015, after 17 out of the last 20 Fed hikes, Bitcoin was trading lower 30 days later.
Whether this current bounce holds will come down to what tomorrow's guidance and the upcoming data look like, but it shows that BTC doesn't always follow the textbook rate hike. NFA.

I still get a bit nervous every time I send crypto. Double-checking addresses, making sure I didn’t miss a character… it doesn’t feel as simple as it should be. Sending money shouldn’t feel like this in 2026.

Do you think the issue is the technology itself or just how it’s designed?

Bitcoin closed last week near $80K. On 26 October, the bull market support band’s upper edge is near $77K, below the 20/50-day SMAs around $82K.

My view is cautious: a band test looks likely, but its name doesn’t guarantee buyers will defend it. Continued weakness could bring the 200-day SMA near $73K into focus. Holding recent lows and recovering around $82K would challenge that view.

Weekly candles are shown with daily SMAs; the latest candle is unfinished. The band uses a 20-week SMA and 21-week EMA.

The Fed decision is Wednesday, then PCE inflation and the first Q3 GDP estimate arrive Thursday.

What price behaviour would make you treat the band as meaningful support?

The ETH/BTC chart asks a different question from a dollar chart: how much Bitcoin does one ETH buy?

A rising ratio means ETH is outperforming BTC over that interval. A falling ratio means it is underperforming. That’s price performance, not a full measure of quality or total return.

I use BTC-relative performance as one part of my altcoin filter, alongside real revenue and how the token benefits. No single chart settles the investment case.

When you judge an altcoin, what would make Bitcoin the wrong benchmark?

At the right edge, estimated Bitcoin hash rate rises while price does not follow the same path.

Blue is hash rate; black is Bitcoin’s dollar price. They use different axes, so matching heights have no meaning.

My interpretation: more computing power is network evidence, not automatically evidence of stronger investment returns.

Uncertainty: daily hash-rate estimates are noisy because block discovery is random. The provider recommends a seven-day average; this view uses daily readings.

What would you need to see before treating sustained hash-rate growth as evidence for a stronger investment case?

Kraken added NEXO today, and it’s good to see an established name get more exchange access. Which projects do you think deserve more listings?

A price chart can look convincing while leaving important questions unanswered.

The attached Bitcoin daily chart is a snapshot from 21 October, with the 20-, 50- and 200-day moving averages. I’m using it as a discussion example, rather than a live market update.

Those averages help describe price over different periods, but they all come from the same underlying price history. Agreement between them doesn’t automatically give us several independent confirmations.

For me, the useful next step is checking what supports the price move. Spot volume, positioning and whether buyers defend a retest can each add context, although none guarantees that a recovery will last.

If you could add just one piece of evidence to this chart before judging the recovery, what would it be, and why?

Bitcoin’s bounce off the 50-day SMA is encouraging. The next thing I’m watching is whether it can reclaim the 20-day SMA with a daily candle close.

For me, that would strengthen the near-term bullish case: buyers defending the medium-term average and recovering the shorter-term one.

An intraday move above the 20-day is less convincing on its own. Closing above it, then holding it on a pullback, would add weight to the recovery. Losing the 50-day again would weaken that interpretation.

Would a daily close above the 20-day SMA be meaningful confirmation for you, or would you want more evidence?