Took a look at the market—it's been absolutely brutal. The Fear & Greed Index has crashed to 20, with barely any sign of a rebound.
BTC wicked down to a low of 68,307, nearly 7% lower; ETH failed to hold $2,000 and dropped to around $1,922; ZEC got hit the hardest, now at $906 and heading straight toward liquidation levels.
👉 BTC: $287 million liquidated in one hour, 97% of it long positions. ETFs have seen outflows for six straight days, pulling out more than $2 billion. $69,000 is the key short-term level—if BTC can't reclaim it, $67,000 or even $65,000 could be next.
👉 ETH: It fell harder than BTC, down nearly 15% in four weeks, with ETF outflows for five straight days. $2,000 has turned from support into resistance; until ETH reclaims it, the outlook remains weak.
👉 ZEC: Now at $906, after a sharp wick down to $880. The liquidation trigger at $895 has been hit precisely. Those 27 mega-whales with million-dollar-plus long positions on Hyperliquid were probably all wiped out, and there must have been a brutal cascade of liquidations just now. Next, watch whether the moving-average support around $870–$900 can hold. If it breaks again, don't blindly buy the dip below $900.
My take: BTC needs to reclaim $69,000 and ETH $2,000 before either can be considered to have recovered; ZEC has already been through one round of liquidations. Until leverage is flushed out, managing your position size matters more than trying to guess the bottom.
$BTC $ETH $ZEC
BTC wicked down to a low of 68,307, nearly 7% lower; ETH failed to hold $2,000 and dropped to around $1,922; ZEC got hit the hardest, now at $906 and heading straight toward liquidation levels.
👉 BTC: $287 million liquidated in one hour, 97% of it long positions. ETFs have seen outflows for six straight days, pulling out more than $2 billion. $69,000 is the key short-term level—if BTC can't reclaim it, $67,000 or even $65,000 could be next.
👉 ETH: It fell harder than BTC, down nearly 15% in four weeks, with ETF outflows for five straight days. $2,000 has turned from support into resistance; until ETH reclaims it, the outlook remains weak.
👉 ZEC: Now at $906, after a sharp wick down to $880. The liquidation trigger at $895 has been hit precisely. Those 27 mega-whales with million-dollar-plus long positions on Hyperliquid were probably all wiped out, and there must have been a brutal cascade of liquidations just now. Next, watch whether the moving-average support around $870–$900 can hold. If it breaks again, don't blindly buy the dip below $900.
My take: BTC needs to reclaim $69,000 and ETH $2,000 before either can be considered to have recovered; ZEC has already been through one round of liquidations. Until leverage is flushed out, managing your position size matters more than trying to guess the bottom.
$BTC $ETH $ZEC
