š Data Trackingļ½Major coins weaken across the boardāhas liquidity started to recede?
Latest CoinGecko data:
$BTC $81,642, 24h -1.85%
$ETH $2,477, 24h -3.44%
BNB $734, 24h -4.60%
SOL $110.58, 24h -4.35%
Sentiment and liquidity cool in sync:
ā¢ The Fear & Greed Index falls from 71 to 64āgreed is tightening, but no panic is yet visible
ā¢ In the past 24 hours, total liquidations across the market are about $712 million; over 120,000 traders were liquidatedālong liquidations make up the majority
ā¢ BTC spot ETFs saw a daily net outflow of $487 million; IBIT led with outflows of $208 millionāshort-term institutional allocation appetite has weakened
Technical references: BTC daily close is below the SMA20 but above the SMA50; RSI is around 52.9, neutral. ETH is nearing the lower Bollinger Band; RSI is 45.3. For downside support, first watch the BTC area around 81,000 and ETH around 2547. If these levels break, be alert to a cascading liquidation of leverageāespecially near the whale ETH long liquidation line around 2424.
On the macro front, the 30-year US Treasury yield hits the highest level since 2002, and the FOMC minutes are somewhat hawkishārisk assets face short-term pressure.
Do you think this is a healthy pullback or a sign that the trend is weakening? Will ETF outflows continue? Letās discuss in the comments below š
#BTC #ETH #č”ę åę #Data Tracking
ā ļø Personal viewāDYOR, and mind the risks
Latest CoinGecko data:
$BTC $81,642, 24h -1.85%
$ETH $2,477, 24h -3.44%
BNB $734, 24h -4.60%
SOL $110.58, 24h -4.35%
Sentiment and liquidity cool in sync:
ā¢ The Fear & Greed Index falls from 71 to 64āgreed is tightening, but no panic is yet visible
ā¢ In the past 24 hours, total liquidations across the market are about $712 million; over 120,000 traders were liquidatedālong liquidations make up the majority
ā¢ BTC spot ETFs saw a daily net outflow of $487 million; IBIT led with outflows of $208 millionāshort-term institutional allocation appetite has weakened
Technical references: BTC daily close is below the SMA20 but above the SMA50; RSI is around 52.9, neutral. ETH is nearing the lower Bollinger Band; RSI is 45.3. For downside support, first watch the BTC area around 81,000 and ETH around 2547. If these levels break, be alert to a cascading liquidation of leverageāespecially near the whale ETH long liquidation line around 2424.
On the macro front, the 30-year US Treasury yield hits the highest level since 2002, and the FOMC minutes are somewhat hawkishārisk assets face short-term pressure.
Do you think this is a healthy pullback or a sign that the trend is weakening? Will ETF outflows continue? Letās discuss in the comments below š
#BTC #ETH #č”ę åę #Data Tracking
ā ļø Personal viewāDYOR, and mind the risks