$70,000—and it still couldn’t hold.
Woke up this morning to find $BTC had fallen straight through $70,000
First time since August 19
It bottomed out near $68,500
Since October 2, it’s down about 19%
Three months of gains—nearly half wiped out this quarter
The worst part wasn’t spot, it was futures
Over the past 24 hours, $680 million in positions were liquidated across the market
88% of them were longs
BTC alone accounted for $325 million in liquidations, 95% of them long positions
$ETH also fell below $2,000, taking a hit too
The U.S. Dollar Index climbed above 103, a 19-month high
Money is flowing into the dollar, and risk assets are getting hammered
Fear Index at 20: extreme fear
At times like this, what’s really tested isn’t your judgment, but your hands
PPI is due tonight at 21:30
Before the data comes out, the $70,000 level
If it can’t hold, we’re really heading for $68,000
Are you sitting tight and playing dead, or have you started buying in gradually?
$BTC $ETH
#市场观察 #比特币 #Liquidation
Not investment advice. DYOR. Trading involves risk.
Woke up this morning to find $BTC had fallen straight through $70,000
First time since August 19
It bottomed out near $68,500
Since October 2, it’s down about 19%
Three months of gains—nearly half wiped out this quarter
The worst part wasn’t spot, it was futures
Over the past 24 hours, $680 million in positions were liquidated across the market
88% of them were longs
BTC alone accounted for $325 million in liquidations, 95% of them long positions
$ETH also fell below $2,000, taking a hit too
The U.S. Dollar Index climbed above 103, a 19-month high
Money is flowing into the dollar, and risk assets are getting hammered
Fear Index at 20: extreme fear
At times like this, what’s really tested isn’t your judgment, but your hands
PPI is due tonight at 21:30
Before the data comes out, the $70,000 level
If it can’t hold, we’re really heading for $68,000
Are you sitting tight and playing dead, or have you started buying in gradually?
$BTC $ETH
#市场观察 #比特币 #Liquidation
Not investment advice. DYOR. Trading involves risk.