Hallo zusammen!

Today, I want to talk about market psychology and a few key observations, especially after yesterday’s mixed signals from the FED.

First, a brief recap of yesterday’s FOMC meeting (Oct 29): The FED cut rates by 25bp and announced an end to QT – both dovish (pro-risk) moves. However, Chairman Powell tempered the enthusiasm by stating another cut in December is “not assured.”

The market reaction was fascinating and telling:

• Nasdaq: Rallied to a new record high (+0.5%).
• S&P 500: Stayed virtually flat.
• Crypto: Reacted negatively. BTC dropped -2.49%, ETH -1.91%, and SOL -0.09%.

This divergence shows crypto reacting negatively to Powell’s words (no guaranteed cuts) rather than the FED’s actions (a rate cut).

This brings me to a larger point about the current cycle. Many respected analysts, whose work I follow, converge on the idea that Bitcoin has one more significant push to new highs, potentially followed by an altcoin explosion.

I’m seeing a market that feels more strengthened and mature than in the past. But there’s one thing missing that makes me think about this cycle in a new way: the “Main Street” FOMO hasn’t happened.

You know what I’m talking about: that point in the cycle when everyone—your mom, your dad, your cousin—is suddenly a trading expert, talking about their incredible gains. This mass euphoria, where everyone seems to be getting rich, has historically signaled the top of a bubble (like in previous Bitcoin cycles).

My question is: Will that happen again this time? Or is this time actually different… in a good way?

From my point of view, if that mass public FOMO doesn’t occur, it would be a fantastic sign. It would mean that the “bubble” stigma that has haunted this market is no longer the defining factor. It would signal maturity. It would mean that any future correction is just that—a healthy, natural retracement and an excellent opportunity for new, sustainable entries, not the bursting of a speculative mania.

And speaking of strength amidst the noise, there’s one actor that has been undeniably impressive: BNB. This token has been making new ATHs since July 2025, showing incredible relative strength even when BTC and ETH pull back.

For those who are new to it, what is BNB? Simply put, it’s the native token for the BNB Chain, the blockchain ecosystem developed by Binance, the world’s largest crypto exchange. It’s the “gas” that powers that network, used for paying transaction fees, participating in token sales, and much more. Its performance is a testament to the power of the Binance ecosystem.

As for me, I’m not a bull or a bear; I just love financial markets, the profound idea of BTC and blockchain, and watching these candlestick charts tell their story.

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The Macro Picture: Post-FED Calm, Pre-PCE Tension

Today, the market is left to digest Powell’s mixed signals. There are no major economic announcements scheduled, which often leaves the market in a technical, range-bound state. However, we are not fully in the clear. The Core PCE Price Index, the FED’s preferred inflation metric, is due tomorrow. This means today could be a day of positioning before that “tremor.”

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Technical Analysis: Finding Our Footing (30-Min Charts)

Let’s look at the charts after yesterday’s pullback, using the current live prices.

(Current reference prices: BTC ~$110,000, ETH ~$3,890, SOL ~$192.22. Remember, these are observations, not predictions or recommendations.)

BTCUSDT (30 min)

Bitcoin, now at the crucial $110,000 psychological level, is absorbing yesterday’s FED-induced drop.

• Immediate Resistance: ~$111,000 – $111,800
• Pivot / Control Zone: ~$109,500 – $110,500 (The current battleground)
• Key Support: ~$108,000 – $108,800

What to Watch: * Holding the $110,000 level is the first test for the bulls today. * For momentum to return, we need to see a convincing reclaim of the $111,000 zone. * A break below $109,500 could signal further weakness, re-opening the door to the $108k support.

ETHUSDT (30 min)

Ethereum, at $3,890, pulled back sharply from its $4k challenge, now testing its immediate pivot.

• Immediate Resistance: ~$3,950 – $4,000 (The $4k psychological barrier)
• Pivot / Control Zone: ~$3,880 – $3,920
• Key Support: ~$3,800 – $3,850

What to Watch: * ETH is currently fighting to stay above its pivot zone. * The $4,000 level, which it failed to hold yesterday, now looms as significant resistance. * A break below $3,880 would likely confirm further downside, targeting the $3,800 support area.

SOLUSDT (30 min)

Solana, at $192.22, barely flinched yesterday (down -0.09%), showing significant relative strength compared to BTC and ETH.

• Immediate Resistance: ~$195 – $200 (The $200 psychological barrier)
• Pivot / Control Zone: ~$190 – $193
• Key Support: ~$185 – $188

What to Watch: * SOL’s resilience is impressive. It’s currently consolidating in its pivot zone, well above key support. * A break above $193 could see it re-challenge the $195-$200 resistance zone. * Its strength relative to the majors is the key story here.

Final Thoughts: The Missing FOMO

Today, the market is digesting yesterday’s divergence: a dovish FED action (cut, end QT) but a cautious message (no guarantee) that sent Nasdaq to a new ATH while crypto pulled back.

I’m watching for strength in BNB and SOL as indicators of altcoin appetite, and I’m watching for the one thing that hasn’t happened: the “Main Street” FOMO. Perhaps the lack of a bubble is the most bullish signal of all, signifying a new stage of maturity for the asset class, where corrections are just healthy opportunities.

Disclaimer: This content is for informational purposes only and represents personal observations and technical analysis. It does not constitute financial, investment, or trading advice. Please conduct your own research and consult a professional before making any financial decisions. For our full statement, please read our disclaimer here: https://tavoplus.com/disclaimer/