CoinMeta data: On October 26th, during a market update, it was noted that BTC fell 2.43% to around $80,500 last week, marking the third consecutive week of decline and once again testing the $80,000 level. Meanwhile, on Thursday, there was a net outflow of $636 million in US spot ETF, which represented the largest single-day outflow since June. Wintermute believes that BTC is currently correlated with the trends of related stocks in AI. The market's reaction to the FOMC meeting on Wednesday and the subsequent inflation data will be crucial. If the FOMC rhetoric is hawkish or inflation exceeds expectations, it could trigger selling pressure, including among BTC. The firm stated that it will remain cautious until FOMC is realized and BTC reclaims the $82,500 level, with $76,000 seen as the support level below that.