【Zuozuo Market Alert】BTC briefly fell below 69,000. Should bears keep chasing? 😱
Update on the 10:30 AM trade idea: BTC didn’t rebound to the 70,800–71,000 entry zone (post-entry high: 70,604); #33 was not filled.
Today’s low: 68,527; current price: 69,000, 24H -6.5% (Binance spot)
CoinDesk: Over $1.3 billion in liquidations across the market in 24 hours; BTC hit its lowest level since August 19.
The US Dollar Index is above 103, and spot BTC ETFs have seen net outflows for five consecutive days.
Funding rates remain positive (+0.0044%); bulls are still holding on.
① Holding above 68,500 with shrinking volume = room for a rebound
② A high-volume break below 68,500 = the next leg down begins; don’t chase shorts at the lows.
Would you buy the dip here, or wait for a rebound before shorting?
#BTC #比特币 #爆仓 #左左异动速报
$BTC
Update on the 10:30 AM trade idea: BTC didn’t rebound to the 70,800–71,000 entry zone (post-entry high: 70,604); #33 was not filled.
Today’s low: 68,527; current price: 69,000, 24H -6.5% (Binance spot)
CoinDesk: Over $1.3 billion in liquidations across the market in 24 hours; BTC hit its lowest level since August 19.
The US Dollar Index is above 103, and spot BTC ETFs have seen net outflows for five consecutive days.
Funding rates remain positive (+0.0044%); bulls are still holding on.
① Holding above 68,500 with shrinking volume = room for a rebound
② A high-volume break below 68,500 = the next leg down begins; don’t chase shorts at the lows.
Would you buy the dip here, or wait for a rebound before shorting?
#BTC #比特币 #爆仓 #左左异动速报
$BTC
