🚨 JUST IN: Bitcoin cracks $68K. Ethereum cracks $1,900.
Two round numbers. One afternoon. Zero bounce.
BTC: $67,971, about 9% off this week’s $74.7K high
ETH: $1,899, about 7% off $2,050
Liquidations: over $1.4B in 24h, longs roughly 8 to 1
Look at the shape of the move.
Bitcoin’s last bounce near $71.6K got sold within hours.
Then the candles got longer, not shorter.
That’s acceleration, not exhaustion. 📉
Ethereum did the same thing in fast-forward.
It sat above $2,000 like it was safe, then dropped nearly $80 in two candles.
Every long that buys the dip here becomes the next liquidation if price keeps sliding.
That’s the fuel behind cascades like this.
$68.5K for Bitcoin and $2,000 for Ethereum were floors this morning.
Now they’re ceilings. 👀
BTC reclaims $68.5K on a 4H close → first sign the flush is ending.
ETH reclaims $2,000 → the breakdown was a trap.
Fail both → no marked floor yet, and round numbers alone won’t stop this.
Waterfalls end when sellers run out, not when a chart looks “too low.” Let a base form before betting on one.
Capitulation bottom, or still mid-waterfall?
Not financial advice.
$BTC
$ETH
$NVDA
Two round numbers. One afternoon. Zero bounce.
BTC: $67,971, about 9% off this week’s $74.7K high
ETH: $1,899, about 7% off $2,050
Liquidations: over $1.4B in 24h, longs roughly 8 to 1
Look at the shape of the move.
Bitcoin’s last bounce near $71.6K got sold within hours.
Then the candles got longer, not shorter.
That’s acceleration, not exhaustion. 📉
Ethereum did the same thing in fast-forward.
It sat above $2,000 like it was safe, then dropped nearly $80 in two candles.
Every long that buys the dip here becomes the next liquidation if price keeps sliding.
That’s the fuel behind cascades like this.
$68.5K for Bitcoin and $2,000 for Ethereum were floors this morning.
Now they’re ceilings. 👀
BTC reclaims $68.5K on a 4H close → first sign the flush is ending.
ETH reclaims $2,000 → the breakdown was a trap.
Fail both → no marked floor yet, and round numbers alone won’t stop this.
Waterfalls end when sellers run out, not when a chart looks “too low.” Let a base form before betting on one.
Capitulation bottom, or still mid-waterfall?
Not financial advice.
$BTC
$ETH
$NVDA
