$BTC has climbed above 82,700, up 2% in 24 hours.
But that’s not the interesting thing today.
On-chain data shows that yesterday’s selling around the $80,000 level was another bout of capitulation by sellers. Every wave of loss-driven selling since August has hit a local bottom—this has now happened three times.
The bullish consensus on MSTR remains intact: Citi has a target of 240, Barclays 175, and analysts say nobody really cares whether it gets kicked out of the index.
Machi has increased his Ethereum long position to $15.45 million, with unrealized gains of just over $330,000.
At BofA, $39 billion flowed into U.S. equities over the week, while strategists are still telling people to reduce risk.
The Fear & Greed Index is at 63, in the greed zone, as bulls and bears battle it out above $82,000.
$BTC
#BTC晚盘 #巨鲸接货 #Dollar and U.S. Treasuries at a stalemate
But that’s not the interesting thing today.
On-chain data shows that yesterday’s selling around the $80,000 level was another bout of capitulation by sellers. Every wave of loss-driven selling since August has hit a local bottom—this has now happened three times.
The bullish consensus on MSTR remains intact: Citi has a target of 240, Barclays 175, and analysts say nobody really cares whether it gets kicked out of the index.
Machi has increased his Ethereum long position to $15.45 million, with unrealized gains of just over $330,000.
At BofA, $39 billion flowed into U.S. equities over the week, while strategists are still telling people to reduce risk.
The Fear & Greed Index is at 63, in the greed zone, as bulls and bears battle it out above $82,000.
$BTC
#BTC晚盘 #巨鲸接货 #Dollar and U.S. Treasuries at a stalemate