BTC failed $87K again today. Of the $172M in leveraged positions liquidated over 24 hours, longs took $101M of the hit versus just $71M for shorts — a clear sign traders kept pressing the breakout even as price stalled under resistance.
The bigger tell is on the spot side. Spot Bitcoin ETFs flipped to $89.8M in net outflows, just three days after pulling in a $189.9M inflow on Friday. That's the one source of demand that actually moves price pulling back right as leveraged longs were getting flushed — not a coincidence, more a mechanism: when spot buyers step aside, perp longs lose their backstop and get squeezed on the next failed breakout.
Fed minutes land Wednesday. If that's not enough to bring spot demand back, does the $85K–$87K range hold, or does it crack lower first?
#Bitcoin #TradingSignals #TokenBot $BTC $TBOT
tokenbot.com
The bigger tell is on the spot side. Spot Bitcoin ETFs flipped to $89.8M in net outflows, just three days after pulling in a $189.9M inflow on Friday. That's the one source of demand that actually moves price pulling back right as leveraged longs were getting flushed — not a coincidence, more a mechanism: when spot buyers step aside, perp longs lose their backstop and get squeezed on the next failed breakout.
Fed minutes land Wednesday. If that's not enough to bring spot demand back, does the $85K–$87K range hold, or does it crack lower first?
#Bitcoin #TradingSignals #TokenBot $BTC $TBOT
tokenbot.com