$BTC sits at 69.06K after a -3.7% day, and 76% of accounts are still long 👀
Day range: 67.57K to 71.70K.
Funding is still positive (0.008%), so longs are paying to stay in.
When most traders lean one way after a dump, the market often tests their patience first. Below 67.5K, stops get hunted. Above 71.7K, shorts get squeezed.
$ETH at 1,953 (-3.2%) and $SOL at 80.3 (-1.7%) are bleeding with it.
Analysis, not financial advice.
Which breaks first: 67.5K or 71.7K?
#BTC #CryptoMarket #Bitcoin
Day range: 67.57K to 71.70K.
Funding is still positive (0.008%), so longs are paying to stay in.
When most traders lean one way after a dump, the market often tests their patience first. Below 67.5K, stops get hunted. Above 71.7K, shorts get squeezed.
$ETH at 1,953 (-3.2%) and $SOL at 80.3 (-1.7%) are bleeding with it.
Analysis, not financial advice.
Which breaks first: 67.5K or 71.7K?
#BTC #CryptoMarket #Bitcoin