$BTC just ripped 15% off last week's $75.5K low to tap $87K, yet these V-shaped recoveries dump hard more often than they continue.
Traders FOMO buy the breakout only to watch it reverse, getting stuck with losses and no clear exit because the move happened so fast.
The bounce looks strong but it's classic relief after a drop, where late buyers get trapped. Volume on the way up from $75.5K wasn't convincing.
We're already seeing some rejection at $87K. If $BTC loses $86K support, leveraged positions will unwind quickly. $ETH tends to amplify these moves downward while $BNB follows the risk-off rotation.
Keep an eye on funding rates getting crowded long.
What's your take on whether this holds or we head back toward $80K?
#Bitcoin #OnChainAnalysis #CryptoRisks
Traders FOMO buy the breakout only to watch it reverse, getting stuck with losses and no clear exit because the move happened so fast.
The bounce looks strong but it's classic relief after a drop, where late buyers get trapped. Volume on the way up from $75.5K wasn't convincing.
We're already seeing some rejection at $87K. If $BTC loses $86K support, leveraged positions will unwind quickly. $ETH tends to amplify these moves downward while $BNB follows the risk-off rotation.
Keep an eye on funding rates getting crowded long.
What's your take on whether this holds or we head back toward $80K?
#Bitcoin #OnChainAnalysis #CryptoRisks
