I opened the chart this afternoon and saw BTC still pulling back — $67,377, down 2.5% in 24 hours. Overnight, it dipped as low as 66,456, below yesterday’s low of 67,568, before bouncing back to around 67,300.
Looking closely, BTC is below both the EMA20 (68,221) and EMA50 (69,724), with the 1H RSI at 31.7 — close to oversold territory. That means sellers are still in control, but selling momentum is also starting to fade. I’m watching to see whether 66,456 holds — if it breaks, the next downside level is 65,000; to reverse the trend, BTC first needs to reclaim 68,200 and then 70,000.
ETH is also in the red at $1,905 (-1.82%). SOL is the weakest among the major coins, down 5.61% to 75.73; BNB is at 619, and XRP has slipped below $1 to 0.994. Across the market, only 99 assets are up, compared with 677 in the red — a seriously deep sell-off.
A rare bright spot: SHELL is up 68.4% on $32.2 million in volume, DODO is up 18.6%, and BERA is up 14.5%. On the other hand, SOXLB is down 13.1%, SNXXB is down 13.2%, and BARD has cooled off, falling 10.1% after soaring 92.8% yesterday.
PPI came in hot at 6.5% this week — the highest since 2022 — so I’m not rushing to buy the dip. I’m watching BTC’s 66,456 and 65,000 levels and waiting for the weekly candle to close.
$BTC $ETH
Data analysis, not investment advice.
#Bitcoin #Crypto #BTC #BinanceSquare
Looking closely, BTC is below both the EMA20 (68,221) and EMA50 (69,724), with the 1H RSI at 31.7 — close to oversold territory. That means sellers are still in control, but selling momentum is also starting to fade. I’m watching to see whether 66,456 holds — if it breaks, the next downside level is 65,000; to reverse the trend, BTC first needs to reclaim 68,200 and then 70,000.
ETH is also in the red at $1,905 (-1.82%). SOL is the weakest among the major coins, down 5.61% to 75.73; BNB is at 619, and XRP has slipped below $1 to 0.994. Across the market, only 99 assets are up, compared with 677 in the red — a seriously deep sell-off.
A rare bright spot: SHELL is up 68.4% on $32.2 million in volume, DODO is up 18.6%, and BERA is up 14.5%. On the other hand, SOXLB is down 13.1%, SNXXB is down 13.2%, and BARD has cooled off, falling 10.1% after soaring 92.8% yesterday.
PPI came in hot at 6.5% this week — the highest since 2022 — so I’m not rushing to buy the dip. I’m watching BTC’s 66,456 and 65,000 levels and waiting for the weekly candle to close.
$BTC $ETH
Data analysis, not investment advice.
#Bitcoin #Crypto #BTC #BinanceSquare
