This BTC rebound—the pulse of Bitcoin 🫓—is giving me chills!!!⬇️
While everyone else is calling the bottom, I’m staring at three numbers and can’t sleep.
Over 700 million liquidated, with longs accounting for 89%.
Open interest turned negative for the first time in 11 days.
Long-short ratio is 3:1, and retail traders are still all-in long.
In plain English: fewer people are catching the falling knife, but the bears haven’t had their fill yet.
For reference only: resistance at 74,700, support at 72,691.
If 72,500 breaks, don’t stubbornly hold on—wait for around 68,000.
Let’s talk about a reversal only if we close back above 75,000…!
This isn’t the bottom yet; the handover isn’t finished.
Better to miss out than become fuel—that’s all.
Bulls and bears are battling it out—which side are you on?👇
$BTC BTC #BTCMarket
While everyone else is calling the bottom, I’m staring at three numbers and can’t sleep.
Over 700 million liquidated, with longs accounting for 89%.
Open interest turned negative for the first time in 11 days.
Long-short ratio is 3:1, and retail traders are still all-in long.
In plain English: fewer people are catching the falling knife, but the bears haven’t had their fill yet.
For reference only: resistance at 74,700, support at 72,691.
If 72,500 breaks, don’t stubbornly hold on—wait for around 68,000.
Let’s talk about a reversal only if we close back above 75,000…!
This isn’t the bottom yet; the handover isn’t finished.
Better to miss out than become fuel—that’s all.
Bulls and bears are battling it out—which side are you on?👇
$BTC BTC #BTCMarket
