Everyone thinks $BTC holding near $79K means the breakout is confirmed, but actually this is where late FOMO entries get chopped up.
Bitcoin just got rejected above $80K again while traders stare at a Fear & Greed reading of 78. That combo can make people buy resistance, then panic-sell the first red candle.
In this case, $BTC is around $78,800 after ETF outflows hit $201.9M on August 28, snapping a nine-day inflow streak. Meanwhile, $ETH ETF demand is still pulling in capital, so the market isn't dead, but the flow is getting more selective.
The levels matter: $81.8K is the line bulls need to reclaim for an $83K-$85K push. Lose $77.5K-$76K, and $75K becomes the level nobody wants to see tested. Are you waiting for confirmation or buying this range?
#Bitcoin #CryptoMarket #ETH
Bitcoin just got rejected above $80K again while traders stare at a Fear & Greed reading of 78. That combo can make people buy resistance, then panic-sell the first red candle.
In this case, $BTC is around $78,800 after ETF outflows hit $201.9M on August 28, snapping a nine-day inflow streak. Meanwhile, $ETH ETF demand is still pulling in capital, so the market isn't dead, but the flow is getting more selective.
The levels matter: $81.8K is the line bulls need to reclaim for an $83K-$85K push. Lose $77.5K-$76K, and $75K becomes the level nobody wants to see tested. Are you waiting for confirmation or buying this range?
#Bitcoin #CryptoMarket #ETH
