$BTC bounced at $80.4k. The 55,600 BTC just moved to exchanges are underwater.
Session low: ~$80.4k — lowest since 18/9.
Now ~$82.5k. A bounce isn’t a breakout.
24h liquidations: ~$1.09 billion. Longs nearly wiped out.
Holders who’ve had their $BTC for under 6 months moved 55,600 $BTC to exchanges, below their purchase price.
Majors are still weak:
$ETH ~$2,500
$SOL briefly hit ~$106
Outliers:
$MET briefly +60% — Solana DEX
$JUP +16%
$RAY +12%
People in the red are selling. People still using margin are buying Solana candles.
Two different things.
Can $80.4k hold? Or is this just a breather?
Do your own research.
$BTC $ETH $JUP $RAY $MET
#BTC #sol #BinanceSquare
Session low: ~$80.4k — lowest since 18/9.
Now ~$82.5k. A bounce isn’t a breakout.
24h liquidations: ~$1.09 billion. Longs nearly wiped out.
Holders who’ve had their $BTC for under 6 months moved 55,600 $BTC to exchanges, below their purchase price.
Majors are still weak:
$ETH ~$2,500
$SOL briefly hit ~$106
Outliers:
$MET briefly +60% — Solana DEX
$JUP +16%
$RAY +12%
People in the red are selling. People still using margin are buying Solana candles.
Two different things.
Can $80.4k hold? Or is this just a breather?
Do your own research.
$BTC $ETH $JUP $RAY $MET
#BTC #sol #BinanceSquare