Google’s earnings are making waves! Will crypto catch some of the upside tonight, or get drained dry?

The brighter the earnings, the more we need to watch out for money being “sucked out” of crypto. Liquidity is oxygen!

Google’s Q3 numbers are impressive, but don’t treat them as an automatic bullish signal! Strong earnings could steady tech stocks and indirectly support Bitcoin. But if they reveal that AI spending is getting out of hand, a tech sell-off could drag crypto down too. BTC is hovering around $80,000 today, and of the $147 million in liquidations, shorts accounted for 66%. Those who bet on weak earnings and shorted early have already been burned by the rebound.

Don’t go all-in betting on a direction before the earnings release! If results beat expectations, wait for price to hold above $81,000 before following the trend. If they disappoint, wait for a low-volume pullback to stabilize before looking for an opportunity. Remember, until significant outside money flows in, chasing a rally has much worse odds than waiting for a pullback.

Are you planning to try shorting at the highs tonight, or wait for a pullback to get in?

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