BTC fell for the third consecutive week, with the US spot Bitcoin ETF experiencing a net outflow of $636 million in a single day.

Wintermute's weekly market report shows that BTC fell 2.43% last week to approximately $80,500, while ETH fell 3.40% to approximately $2,330. The US spot Bitcoin ETF saw a net outflow of $636 million on Thursday, the largest single-day outflow since June. On the same day, the Nasdaq index fell 2.6%, while Brent crude oil rose 5.66% to $116.72. BTC needs to recover to $82,000 to $82,500. If it falls below $80,000, the next support level is $76,000, and a break below that could lead to a drop to $70,000. Key events include the FOMC meeting on October 28th, the Q3 GDP and September PCE data on October 29th, and the monthly options expiration on October 30th.