đš BTC Took a Hit Today⊠But Bulls Are Still Holding
$BTC dropped from around $85.5K â $82.8K today, but buyers are currently trying to defend the $83.2K area.
And the liquidation numbers tell the story đ
đ„ $695.8M liquidated in the last 24H
đŽ $643.8M came from LONG positions
Meanwhile, ETF flows are adding more pressure:
đ $BTC + $ETH ETFs saw a combined $83.1M net outflow yesterday.
đą Bitcoin ETFs: +$118.8M inflow
đŽ Ethereum ETFs: -$201.9M outflow â now 6 days in a row.
The big question now:
Is this just a healthy correction⊠or are we about to see another leg down? đ
What are you doing here â BUY, WAIT, or SHORT? đ
$BTC dropped from around $85.5K â $82.8K today, but buyers are currently trying to defend the $83.2K area.
And the liquidation numbers tell the story đ
đ„ $695.8M liquidated in the last 24H
đŽ $643.8M came from LONG positions
Meanwhile, ETF flows are adding more pressure:
đ $BTC + $ETH ETFs saw a combined $83.1M net outflow yesterday.
đą Bitcoin ETFs: +$118.8M inflow
đŽ Ethereum ETFs: -$201.9M outflow â now 6 days in a row.
The big question now:
Is this just a healthy correction⊠or are we about to see another leg down? đ
What are you doing here â BUY, WAIT, or SHORT? đ