Bitcoin’s recent pullback has officially filled the CME futures gap around the $110,000 level, a move long anticipated by technical traders.
The completion of this gap comes amid a volatile week for markets following the Federal Reserve’s rate decision and subsequent remarks from Chair Jerome Powell, which introduced fresh uncertainty into risk assets.
CME Gap Filled at $110K
Analyst Crypto Rover confirmed that the Bitcoin CME gap, a price difference formed between futures closing on Friday and reopening on Monday, has been fully filled. Historically, such gaps tend to attract price action as traders seek equilibrium between spot and futures markets.
BITCOIN CME GAP COMPLETELY FILLED. pic.twitter.com/WPtIRazUVF
— Crypto Rover (@cryptorover) October 30, 2025
This technical milestone could serve as a short-term stabilizing point, as traders reassess positioning following a wave of liquidations earlier this week that wiped out over $800 million in leveraged positions.
Bitcoin Holds Between $107K-$116K Range
Market analyst Daan Crypto Trades noted that Bitcoin continues to oscillate within a defined range between $107,000 and $116,000, where the majority of trading volume has concentrated.
$BTC Yet again bouncing from the $107K area and back at the middle of the range. This is where most volume has been traded and price keeps moving back to this region.
Wake me up when price is outside of this $107K-$116K range. https://t.co/r33AsAwR2x pic.twitter.com/JtMEHd29qe
— Daan Crypto Trades (@DaanCrypto) October 30, 2025
“Price keeps moving back to this region,” he wrote, emphasizing that Bitcoin has repeatedly bounced from the $107K support zone, with resistance persisting near $116K.
The lack of a decisive breakout on either side reflects market indecision following the Fed’s mixed policy message. Daan described the setup as a “boring sideways chop,” suggesting traders may need to wait for a volatility catalyst before a trend emerges.
Macro Drivers: Fed Caution and Market Stress
According to analyst Axel Adler Jr., the Fed’s next moves will hinge on upcoming employment and inflation data, with a December rate cut still possible despite hawkish rhetoric.
The Fed’s next moves will depend on incoming employment and inflation data. Significant changes in these indicators over the next two months are unlikely, so I still expect a rate cut in December despite the current rhetoric.
However, since the market trades on expectations and… pic.twitter.com/te4THD5l7H
— Axel 💎🙌 Adler Jr (@AxelAdlerJr) October 30, 2025
“Significant changes in these indicators are unlikely, so I still expect a cut in December,” Adler said, while warning of heightened volatility as markets react to shifting expectations.
His Bitcoin Local Stress Index (LSI) chart shows stress levels easing slightly from early October highs, suggesting that some of the panic-driven volatility may have already been priced in.
Outlook
With the CME gap now filled and volatility cooling off, Bitcoin appears to be entering a neutral consolidation phase, awaiting clearer macro signals.
Analysts agree that the $107K–$116K zone will remain the key battleground for the coming days, with traders watching for confirmation of a breakout or breakdown to define Bitcoin’s next major move.
