Bitcoin holders just sold $2 BILLION worth of BTC at a loss in 3 days. 😳 Capitulation or a trap?
Here's the weekend picture 👇
1️⃣ Panic sellers are giving up
Over $2B in realized losses in 3 days, with heavy selling on exchanges. $BTC briefly lost $75K and hit $74,888. Now it's back at $75.9K, flat for the day.
2️⃣ The market went quiet
• Trading volume: -39% in 24h
• BTC liquidations: just $57M (-83%)
• Open interest: -5.4%
Leverage is leaving. Big moves usually come AFTER calm like this.
3️⃣ $ZEC refuses to go down
+4.0% today and it touched $1,388. While most coins are stuck, ZEC keeps printing higher lows. It's the strongest major chart of the week.
4️⃣ Small alts quietly green
• $TIA +3.4%
• $PYTH +2.9%
• $STRK +2.7%
• $CRV +2.5%
• $TAO +2.2%
5️⃣ Weakest coins of the day
• $BCH -4.6%
• $XRP -4.0% (now $1.155)
• $RUNE -3.6%
📍 BTC levels to watch
• Support: $74,900, then the big one at $70,000
• Resistance: $76,400, then $79,000
Macro is still a headwind: after a hot jobs report, markets see a ~79% chance of a Fed rate HIKE in December.
😨 Fear & Greed: 31 (Fear)
My take: realized losses + falling leverage + fear often show up near local bottoms. But no bottom is confirmed until BTC reclaims $79K. Weekends are thin, so don't overtrade.
Is this the bottom, or are we going to $70K first? 👇
#CryptoNews #Bitcoin #Altcoins #zec #CryptoMarketMoves
Not financial advice. DYOR.
Here's the weekend picture 👇
1️⃣ Panic sellers are giving up
Over $2B in realized losses in 3 days, with heavy selling on exchanges. $BTC briefly lost $75K and hit $74,888. Now it's back at $75.9K, flat for the day.
2️⃣ The market went quiet
• Trading volume: -39% in 24h
• BTC liquidations: just $57M (-83%)
• Open interest: -5.4%
Leverage is leaving. Big moves usually come AFTER calm like this.
3️⃣ $ZEC refuses to go down
+4.0% today and it touched $1,388. While most coins are stuck, ZEC keeps printing higher lows. It's the strongest major chart of the week.
4️⃣ Small alts quietly green
• $TIA +3.4%
• $PYTH +2.9%
• $STRK +2.7%
• $CRV +2.5%
• $TAO +2.2%
5️⃣ Weakest coins of the day
• $BCH -4.6%
• $XRP -4.0% (now $1.155)
• $RUNE -3.6%
📍 BTC levels to watch
• Support: $74,900, then the big one at $70,000
• Resistance: $76,400, then $79,000
Macro is still a headwind: after a hot jobs report, markets see a ~79% chance of a Fed rate HIKE in December.
😨 Fear & Greed: 31 (Fear)
My take: realized losses + falling leverage + fear often show up near local bottoms. But no bottom is confirmed until BTC reclaims $79K. Weekends are thin, so don't overtrade.
Is this the bottom, or are we going to $70K first? 👇
#CryptoNews #Bitcoin #Altcoins #zec #CryptoMarketMoves
Not financial advice. DYOR.
