Jarno Opmeer made it two wins on the bounce on Friday evening, winning the ninth race of the season around Circuit of the Americas with a daring final-lap overtake for the lead.

Beginning the final tour in third place, he watched on as title rivals Bari Boroumand and Thomas Ronhaar negotiated the lead with vigour. An off-track excursion for both was all Opmeer needed, and the two-time champion swept around the outside at COTA’s competitive stadium section to seal the most nail-biting win of the year.

It had looked like Ronhaar’s race to win, with the Dutchman sitting pretty on pole position and leading much of the race through changeable conditions. Beginning in extreme wet conditions, calmer skies soon prevailed, and the intermediates were crucial. A few laps later, and it was time for slicks, with those who pitted on Lap 22 the greatest beneficiaries.

Ronhaar led Boroumand, Opmeer, and a resurgent Brendon Leigh with a handful of laps to go, until Boroumand switched things up and made a move for the lead at the beginning of Lap 24.

The final lap was to be the most incredible of all, with Ronhaar sending one to the inside at the end of the lengthy back straight. Boroumand resisted heavily, both ran wide, and Opmeer took position, as Leigh also got into the mix.

All four cars left the circuit at various points, but with just a couple of sweepers to go, Opmeer couldn’t be surpassed, leading home compatriot Ronhaar for the first Dutch 1-2 in F1 Esports. Brendon Leigh came home third, taking his first podium since Mexico 2020, with the crestfallen Boroumand finishing off the podium, having led going into the last lap.

Frede Rasmussen had a quiet but effective run to fifth, having started way down the order due to a 10-place grid penalty for contact with Ronhaar on Thursday. Lucas Blakeley was sixth, limiting the damage to his championship lead as his rivals all took points from one another.

Dani Bereznay finished seventh, his second points finish in as many races. Alvaro Carreton, Marcel Kiefer and Joni Tormala concluded the points-paying positions.

THE STANDINGS

With just one event remaining, it’s all to play for at the top, with five drivers in contention for the crown. Blakeley leads the way with 132 points, ahead of Ronhaar on 121, Boroumand on 118, Rasmussen on 115, and Opmeer on 110.

It’s nowhere near as close in the team standings, with McLaren Shadow now just running the clock down on 250 points. Red Bull are second with 149, with Mercdes (144) and Haas (129) breathing down their necks.

We’ll see you for the grand final, commencing Wednesday December 14!

The post Opmeer Does The Double With Incredible Last-Lap Win appeared first on F1Esports News.

In this episode of NewsBTC’s daily technical analysis videos, we flip the Bitcoin price chart upside down to get a unique perspective on the market. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 27, 2022 We also examine a weekly buy signal on BTCUSD using the Relative Strength Index, and show several examples of the signal’s effectiveness using Bitcoin and other assets. Related Reading: Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analysis October 26, 2022 Inverted Bitcoin Price Chart Could Suggest Bear Market Is Over When price action seems confusing, inverting the chart of any asset can help to remove bias and provide a clearer picture. Looking at BTCUSD from this perspective, it sure looks like a retest of horizontal support turned resistance. There is also an ongoing breakdown of an uptrend line. But remember, everything is upside down. On higher timeframes, diagonal downtrend resistance remains intact. We can also clearly see very similar price action across the last major “top” which is actually the 2018 bear market bottom. When you flip things right side up again, does Bitcoin really look all that bearish? Bitcoin bulls can turn that frown upside down | Source: BTCUSD on TradingView.com Related Reading: Are Bitcoin Bulls Ready To Stampede? | BTCUSD Analysis October 25, 2022 BTCUSD Weekly RSI Buy Signal Days Away From Confirming Moving along, we also have a potential buy signal on the weekly Relative Strength Index. This one is particularly important, as this is how the tool’s creator intended it to work. The buy signal happens when a higher high is made on the RSI, after reaching oversold conditions and holding above oversold territory on a subsequent bounce.  It does help that BTCUSD weekly is also working on breaking out of downtrend RSI resistance also at the very same time. Looking back at past Bitcoin bottoms, we can see that it was this exact buy signal that put in each bottom on weekly timeframes. We can also see there is a cyclical rhythm to when each downtrend has come to its conclusion. Cyclical timing could suggest crypto winter is over | Source: BTCUSD on TradingView.com Related Reading: Can Bitcoin Bring An End To Crypto Winter? | BTCUSD Analysis October 24, 2022 The End Of The Dollar Rally Could Conclude Crypto Winter If that was a RSI buy signal on the BTCUSD weekly, what we are about to see is a sell signal on the RSI via the DXY weekly. The sell signal on the Dollar Currency Index is beginning to break down from a diagonal RSI support line, and break down from its ongoing parabola.  Putting the DXY and Bitcoin chart side to side, we can see that there are directly opposing signals on each chart. Watch the full video for the complete analysis and more comparisons. The dollar and BTC are giving opposite signals | Source: BTCUSD on TradingView.com Learn crypto technical analysis yourself with the NewsBTC Trading Course. Click here to access the free educational program. Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com

Despite trading in the red zone on the day, Aptos continues to hold decent gains in the last few weeks. Launched this October, the potential Solana killer has recorded huge trade volumes in just the first few trading days. The price of one APT token rose by more than thirty percent throughout the last weekend. Specifically, it increased from $7 to an all-time high of $10.25 on Sunday, October 23. Since then, there has been a retracement in the price of APT, which has settled at $8.89 at press time. There’s no telling where Aptos will go from here. But despite a 1.46% decline on the day, Aptos is still holding decent profits from when its launch price. Related Reading: This Bitcoin On-chain Retest Can Change Market’s Course, Here’s How Aptos Positions Itself As A Top-50 Coin Despite Criticism On October 17, the Aptos team announced they had successfully launched their mainnet. Afterwards, the APT token was made available for trade on several cryptocurrency platforms. The token didn’t take much time to position itself as a top-50 coin on CoinMarketCap. Aptos grabbed the 47th spot with a total supply of 130,000,000.00 and a $1,178,169,163 market cap. However, Aptos experienced some volatility at launch amid several criticisms from traders and the entire crypto community. Twitter criticized the initiative, stating the chain’s 7 TPS is considerably below the 130k TPS promised before launch. Traders were also concerned about the project tokenomics. They noted that it slightly favoured the private investors and developers who obtained a massive 50% of the token supply and presently retain 80% of them. Furthermore, the project has been met with many scam airdrops, resulting in the team muting the token’s Discord server. The project’s founder, Mo Shaikh, defended it on Twitter by saying, “building a decentralized protocol from the ground up is tough!” However, as we all know, you never get a second chance to make a good first impression. Aptos Trading Red on The Day, More Negative Trends Ahead? The current trend of Aptos is bearish. As of writing, Aptos is losing 3.88% against the US dollar, trading at $8.93. According to Wu Blockchain, the main reason is the negative Aptos token perpetual contract financing rates on Binance, OKX, Bybit, and FTX. With a negative rate, bearish sentiments prevail, and short-sellers are eager to compensate long-sellers.  Active hedging may be the main cause of these negative financing rates. This comes after Aptos’ engineers revealed a lack of knowledge of some blockchain processes, such as the Sybil attack. APT had a large increase in selling pressure after an unexpected airdrop was released, leading to the creation of short positions. Related Reading: Bitcoin’s Break Above $20,000 Sees Market Liquidations Cross $1 Billion As funding rates become blatantly negative, short liquidations often occur, leading to a “short squeeze” or unexpected bounce. There’s no telling where the Aptos price will face next. However, it has faced resistance at the $9.17 mark today and looks to retest the level before the trading day ends. Featured image from Pixabay and chart from TradingView.com

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ETH’s price shows the first sign of bounce after forming a bullish pattern as the price gets rejected into a descending range channel.  ETH bounced off its downtrend movement as the price builds more momentum in a descending triangle with a breakout on either side open.  The price of ETH continues in its range movement as the price gets rejected and trades below the 50 and 200 Exponential Moving Averages (EMA). The price of Ethereum (ETH) after its “Ethereum Merge” hasn’t been encouraging as the price has dropped far below the expectations of many. After rallying to a high of $2,030 before its merge, the price of Ethereum (ETH) has seen its price decline with little or no bounce to the upside as the market continues with so much uncertainty as to where the crypto market could be headed in the next few weeks. Despite so much speculation of a better month, with many referring to it as Uptober based on past data and price movement, the result has yet to see much change. (Data from Binance) Related Reading: Shiba Inu Burn Rate Spikes By 1,860% – Why Investors Should Take Note Of This Ethereum (ETH) Price Analysis On The Weekly Chart. Ethereum’s price has struggled to regain its bullish momentum in recent times; despite the uncertainty that has befallen the crypto space, the price of ETH has yet to enjoy the measure of relief it had in previous weeks before its merge. ETH showed much strength on the weekly chart rallying from a low of $900 to a high of $2,030 before facing rejection from that region.  After the price of ETH rallied to a high of $2,030, the price has faced rejection to break higher to a region of $2,500-$3,000, and the price has continued to struggle to stay afloat, considering how tough the crypto market has been lately. ETH’s price was rejected to a region of $1,600, where it had formed strong Support before rallying to a high of $2,030. The price of ETH after rejection could not hold this support area which would be a good area to push prices higher as the price fell to $1,400. With the price further losing $1,400 support, the price battled to hold above $1,200, acting as a key demand zone for prices. Weekly resistance for the price of ETH – $1,450. Weekly Support for the price of ETH – $1,200. Price Analysis Of ETH On The Daily (1D) Chart In the daily timeframe, the price of ETH continues to trade below the key resistance formed at 50 EMA after forming a descending triangle as the price attempts to break into a higher price range.  The price of ETH needs to break and hold above $1,400 for the price to trend higher to a region of $1,550 and possibly $1,600, which is a key supply zone ETH price in recent weeks.  Daily resistance for the ETH price – $1,400. Daily Support for the ETH price – $1,270. Related Reading: Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre Featured Image From Uopeople, Charts From Tradingview

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