$75K is doing a lot of heavy lifting right now.
$BTC is hovering near $75.9K after dipping under $75K on Friday. CryptoQuant flagged over $2B in realized losses across three days, and spot net volume on both Binance and Coinbase flipped negative. That is aggressive selling, not just noise.
The US jobs print did not help. October added 165K jobs vs ~65K expected, unemployment eased to 4.1%, and December hike odds jumped toward ~80%. Ten-year yields near 4.88% make risk assets look expensive again.
My read: hold the $75K zone and we can grind. Lose it cleanly and $70K becomes the magnet where a lot of cost basis sits. Watching spot bid and stablecoin liquidity more than the candle drama.
Where are you leaning â defend $75K or wait for a deeper discount?
$BTC $BNB
#Bitcoin #Macro #CryptoMarket
Not financial advice.
$BTC is hovering near $75.9K after dipping under $75K on Friday. CryptoQuant flagged over $2B in realized losses across three days, and spot net volume on both Binance and Coinbase flipped negative. That is aggressive selling, not just noise.
The US jobs print did not help. October added 165K jobs vs ~65K expected, unemployment eased to 4.1%, and December hike odds jumped toward ~80%. Ten-year yields near 4.88% make risk assets look expensive again.
My read: hold the $75K zone and we can grind. Lose it cleanly and $70K becomes the magnet where a lot of cost basis sits. Watching spot bid and stablecoin liquidity more than the candle drama.
Where are you leaning â defend $75K or wait for a deeper discount?
$BTC $BNB
#Bitcoin #Macro #CryptoMarket
Not financial advice.