Crypto Outlook: Private Data Takes the Lead | Nov 3–10

Crypto markets begin the week subdued, following a volatile October close. With U.S. government data still partially suspended, private reports and ETF flows now set the tone. Bitcoin trades near $107,343. Ethereum holds around $3,699, Solana trades near $175.75, and XRP is at approximately $2.41.

Market backdrop

With federal releases disrupted, the focus this week shifts to ISM, PMIs, and ADP, along with several Fed speakers. Today's calendar features ISM Manufacturing and Construction Spending, while Tuesday brings Trade Balance and Factory Orders. High-frequency reads appear throughout the week, concluding on Friday. Notably, ETF prints flipped between inflows and outflows late last week. 

Bitcoin

Spot

BTC trades around $107,343, following an intraday range of $107,119 to $111,184. Immediate support emerges near $105,000 to $106,000. Stabilizing momentum would require a reclaim of $110,000 to $112,000.

Flows and positioning

Last week, U.S. spot BTC ETF flows were mixed. October 27 saw a strong positive day, while net outflows occurred on October 29 and 30. Use issuer tables after the close each day for confirmation.

Ethereum

Spot

ETH trades near $3,699 with an intraday range of $3,690 to $3,914. Keep an eye on support at $3,600 to $3,650, followed by $3,450. A climb back through $3,900 to $4,050 could signal recovery.

Structure

Watch ETH versus BTC around ISM and ADP. The ratio often leads when macro volatility rises. ETF tone remains choppy across issuers.

Solana

Spot

SOL trades near $175.75, with a current range of $174.37 to $188.62. Local support sits around $170 to $173. The short-term trend would benefit from a push through $180 to $185.

What matters this week

SOL remains sensitive to broad crypto beta. Intraday ranges can widen around U.S. prints while federal data are delayed.

XRP

Spot

XRP trades near $2.41 in a range of $2.40 to $2.54. First support is set between $2.35 and $2.40. Keep watch for a bounce to $2.55 to $2.70 for renewed optimism.

Context

XRP continues to trade as a complex beta while regulatory headlines are quiet. Flows and macro will steer ranges.

Sentiment snapshot

Macro signaling relies on private surveys and Fed speak, while official releases are constrained. ETF flows are a swing factor rather than a one-way impulse, with large dispersion day to day. Positioning is cleaner post-flush, but liquidity pockets remain thin in alts.

Catalyst calendar for the next 7 days

One-week scorecard

Price moves since last Monday morning, levels from our post on October 27

Calls versus reality

• We said macro would dominate with flows doing the confirming. ISM and PMIs are the center of gravity, while ETF prints stayed mixed late last week.
• We said ETH versus BTC would matter in macro. The ratio softened as ETH slipped toward the $3,600 to $3,700area.
• We said levels would do most of the talking. Price traded defined bands while official data remained constrained.

Closing thought

Let price come to you. Private data and Fed insights will shape the narrative, with ETF flows offering daily clues. Stay flexible and responsive as the week unfolds.