What happened
Bitcoin SBTC pushed above $84K today, then cooled off to around $83,600.
Still above Friday's close near $82,600, but the weekly candle hasn't closed yet.
Ethereum SETH is hovering around $2,530.
No major macro catalyst. Just a weekend move that may have squeezed some shorts on thin liquidity.
Crypto Twitter is already calling it a Sunday pump and watching the weekly close.
Above $84,200 at the weekly close: bullish follow-through gets more credible.
Below $83,200: the move starts looking a lot less convincing.
Let the candle close before writing the victory speech.$BTC #EtherETFsExtendOutflowsToNineDays
Bitcoin SBTC pushed above $84K today, then cooled off to around $83,600.
Still above Friday's close near $82,600, but the weekly candle hasn't closed yet.
Ethereum SETH is hovering around $2,530.
No major macro catalyst. Just a weekend move that may have squeezed some shorts on thin liquidity.
Crypto Twitter is already calling it a Sunday pump and watching the weekly close.
Above $84,200 at the weekly close: bullish follow-through gets more credible.
Below $83,200: the move starts looking a lot less convincing.
Let the candle close before writing the victory speech.$BTC #EtherETFsExtendOutflowsToNineDays