$BTC just lost 6% in 24h: 73.5k to 69.1k, with a low at 67,568.
Here's what stands out: 75% of futures accounts are STILL long (long/short ratio 3.07). After a 6% drop, that crowd hasn't capitulated. Funding is barely positive, so it's not overheated, but crowded longs into 67.5k support is how a second flush happens.
Levels I'm watching: 67.5k support, 73.7k to reclaim.
Not financial advice, just positioning.
Do you buy this dip or wait for 67.5k to break first? 👇
#BTC #Bitcoin #CryptoMarket
Here's what stands out: 75% of futures accounts are STILL long (long/short ratio 3.07). After a 6% drop, that crowd hasn't capitulated. Funding is barely positive, so it's not overheated, but crowded longs into 67.5k support is how a second flush happens.
Levels I'm watching: 67.5k support, 73.7k to reclaim.
Not financial advice, just positioning.
Do you buy this dip or wait for 67.5k to break first? 👇
#BTC #Bitcoin #CryptoMarket