š„ A shortāterm costābasis flip, not the $80K milestone, is the real litmus test for a lasting Bitcoin rally.
š Right now Bitcoin sits at $81,706, down 3.35% in 24āÆh, with $7.80āÆB open interest and a +0.0012% funding rate that keeps longs paying shorts, while market sentiment reads a bullish 68/100 and the #BTC price slipping below the $80K psychological barrier has sparked fresh debate #CryptoNews.
š When shortāterm holders finally turn profitable, the prevailing 1.82āÆL/S ratio (64.5% longs) and 59.3% netālong stance of top traders will likely trigger a cascade of buying that fuels the next leg of the #BullRun within the #CryptoCycle.
š” Monitor the shortāterm costābasis level ā if BTC breaks and holds above it, add to positions; if it stalls, tighten stops and wait for a clearer upside signal.
ā Do you plan to buy the dip now, wait for the costābasis flip, or stay on the sidelines until the next confirmation?
š Right now Bitcoin sits at $81,706, down 3.35% in 24āÆh, with $7.80āÆB open interest and a +0.0012% funding rate that keeps longs paying shorts, while market sentiment reads a bullish 68/100 and the #BTC price slipping below the $80K psychological barrier has sparked fresh debate #CryptoNews.
š When shortāterm holders finally turn profitable, the prevailing 1.82āÆL/S ratio (64.5% longs) and 59.3% netālong stance of top traders will likely trigger a cascade of buying that fuels the next leg of the #BullRun within the #CryptoCycle.
š” Monitor the shortāterm costābasis level ā if BTC breaks and holds above it, add to positions; if it stalls, tighten stops and wait for a clearer upside signal.
ā Do you plan to buy the dip now, wait for the costābasis flip, or stay on the sidelines until the next confirmation?