BTC 83950, 164 million liquidated in 24 hours, with shorts accounting for 115 million. ETH 2547, and the funding rate is still around 0.002%.
The community is still shouting about the BTC and ETH bull-market ecosystem narrative. Prices bounced from 80,000 to 84,000, and the Fear and Greed Index surged to 69, but spot ETFs saw net outflows of 679 million this week. Spot isn’t following; the price has been pushed up entirely by short covering. Funding rates aren’t overheated.
#meme has already cooled off. Bull Is Coming is hovering around 0.07; cooling off isn’t a buildup—it means there’s nobody left to buy.
Just short meme coins.
#BTC #ETH #中文币
The community is still shouting about the BTC and ETH bull-market ecosystem narrative. Prices bounced from 80,000 to 84,000, and the Fear and Greed Index surged to 69, but spot ETFs saw net outflows of 679 million this week. Spot isn’t following; the price has been pushed up entirely by short covering. Funding rates aren’t overheated.
#meme has already cooled off. Bull Is Coming is hovering around 0.07; cooling off isn’t a buildup—it means there’s nobody left to buy.
Just short meme coins.
#BTC #ETH #中文币