đ Where BTC is: about $82K, down 1.9% in 24h. It is stuck in a $80Kâ$83K range.
$BTC $ETH #
đą Bullish: a clean break above $83K shows buyers are back in control.
đŽ Bearish: a drop below $80K opens more downside.
â ïž Why the pressure:
Treasury yields are near 5.3%, the highest since 2002.
ETF outflows and about $1B in liquidations hit the market.
U.S.âIran talks are stalled.
đ Mood: Fear & Greed is 59, down from 64.
Bottom line: until BTC breaks one side of the range, wait for confirmation.
$BTC $ETH #
đą Bullish: a clean break above $83K shows buyers are back in control.
đŽ Bearish: a drop below $80K opens more downside.
â ïž Why the pressure:
Treasury yields are near 5.3%, the highest since 2002.
ETF outflows and about $1B in liquidations hit the market.
U.S.âIran talks are stalled.
đ Mood: Fear & Greed is 59, down from 64.
Bottom line: until BTC breaks one side of the range, wait for confirmation.