$BTC 68,750, down 6.48%, parked in the bottom fifth of the 24h range (67,568 â 73,632).
4H đŽ bottom of the range
1D đŽ -6.48%
1W đŽ fear 28 â 20, total mcap $2.34T (-6.62%)
1M âȘ no read on this tape
The week fell and the crowd got longer anyway: 76.1% of accounts long, ratio 3.18 from 2.65, open interest up $0.08B to $7.23B into the dump. Trapped money averaging down, not capitulation.
Funding +0.0012% per 8h, so longs are paying to hold a losing week.
67.5K bounce, or break?
#BTC #Write2Earn
4H đŽ bottom of the range
1D đŽ -6.48%
1W đŽ fear 28 â 20, total mcap $2.34T (-6.62%)
1M âȘ no read on this tape
The week fell and the crowd got longer anyway: 76.1% of accounts long, ratio 3.18 from 2.65, open interest up $0.08B to $7.23B into the dump. Trapped money averaging down, not capitulation.
Funding +0.0012% per 8h, so longs are paying to hold a losing week.
67.5K bounce, or break?
#BTC #Write2Earn