đš THIS DROP HAS A REASON. The market just flipped risk-off.
BTC dropped toward $83K, while ETH, $DOGE , $ADA and $SUI are getting hit even harder.
The trigger? Oil is back above $100, Treasury yields are climbing toward 5.3%, and the dollar is strengthening as Middle East tensions raise inflation concerns.
Then leverage made the move worse. Over $400M in crypto longs were liquidated in roughly an hour, turning a normal pullback into a sharper flush.
And now the level Iâm watching is $83K BTC.
Hold it â possible bounce.
Lose it â $80K becomes the next area Iâd watch.
Iâm not chasing this red candle. I want to see whether sellers actually have control or whether this is simply a leverage reset.
Do you guys think BTC holds $83K?
#MiddleEast #CryptoNews #BinanceSquareTalks
BTC dropped toward $83K, while ETH, $DOGE , $ADA and $SUI are getting hit even harder.
The trigger? Oil is back above $100, Treasury yields are climbing toward 5.3%, and the dollar is strengthening as Middle East tensions raise inflation concerns.
Then leverage made the move worse. Over $400M in crypto longs were liquidated in roughly an hour, turning a normal pullback into a sharper flush.
And now the level Iâm watching is $83K BTC.
Hold it â possible bounce.
Lose it â $80K becomes the next area Iâd watch.
Iâm not chasing this red candle. I want to see whether sellers actually have control or whether this is simply a leverage reset.
Do you guys think BTC holds $83K?
#MiddleEast #CryptoNews #BinanceSquareTalks