At 4:30 p.m., Bitcoin is at 80061, still grinding away around the 80,000 mark. This morning’s 4-hour candle plunged from 81343 all the way to 79710, closing at 79858. The two candles this afternoon finally managed to climb back above 80000, but volume has been getting weaker with each one. The latest candle had just 482 coins traded. It’s back above the line, sure—but not exactly in a convincing way.
Honestly, this level is like a relative asking you for favors three times—would you still do it a fourth time? The 80,000 line has already been put through the wringer three times today. Holding it shows resilience; if it fails, the next levels below are 79506 and 79451, while 80186 and 81341 are waiting overhead as hurdles.
The leaderboard has been rotating at breakneck speed today. $INIT was still up +35.8% this morning, but has now shrunk to +16.2%. It’s still in first place, but its momentum has clearly fizzled. BLUR is even wilder: it was still up +13% around 2 p.m., but has now flipped straight into the red at -2.8%. It didn’t even last half a day before getting shown the door. Meanwhile, HAEDAL is down -16.5% and ERA -13.3%—the ones basking in the spotlight yesterday are all paying the price today.
The only one holding its head up across the board is $BNB , still up 0.39% at 753.5. ETH is down 2.43% at 2316, and SOL at 100.04 is clinging desperately to the 100 mark. The Fear and Greed Index is at 51, which looks neutral, but the little widget on the plaza has already slid to 43.
With $BTC looking like this, tonight it all comes down to whether the 80,000 line can withstand a fourth knock.
Honestly, this level is like a relative asking you for favors three times—would you still do it a fourth time? The 80,000 line has already been put through the wringer three times today. Holding it shows resilience; if it fails, the next levels below are 79506 and 79451, while 80186 and 81341 are waiting overhead as hurdles.
The leaderboard has been rotating at breakneck speed today. $INIT was still up +35.8% this morning, but has now shrunk to +16.2%. It’s still in first place, but its momentum has clearly fizzled. BLUR is even wilder: it was still up +13% around 2 p.m., but has now flipped straight into the red at -2.8%. It didn’t even last half a day before getting shown the door. Meanwhile, HAEDAL is down -16.5% and ERA -13.3%—the ones basking in the spotlight yesterday are all paying the price today.
The only one holding its head up across the board is $BNB , still up 0.39% at 753.5. ETH is down 2.43% at 2316, and SOL at 100.04 is clinging desperately to the 100 mark. The Fear and Greed Index is at 51, which looks neutral, but the little widget on the plaza has already slid to 43.
With $BTC looking like this, tonight it all comes down to whether the 80,000 line can withstand a fourth knock.
