btc got within a hair of 85k and gave the whole move back by this morning
$BTC is at 82,536 right now, down 0.4% on the day and sitting right on its 24h low after an 84,898 high. $ETH same story, 2,431 and -0.6% after tagging 2,526
yesterday eth led on the way up. today it leads on the way down too, about 3.8% off its high vs 2.8% for btc. thats risk appetite cooling, not a crash
a wick to 85k that cant hold usually means sellers were waiting there, so i treat 84.9k as the ceiling until we reclaim it
81k on btc is still my line. hold it and this is just late longs getting shaken out. lose it and im not catching that knife. on eth i want 2,400 to hold
follow along if you want the morning read every day
$BTC is at 82,536 right now, down 0.4% on the day and sitting right on its 24h low after an 84,898 high. $ETH same story, 2,431 and -0.6% after tagging 2,526
yesterday eth led on the way up. today it leads on the way down too, about 3.8% off its high vs 2.8% for btc. thats risk appetite cooling, not a crash
a wick to 85k that cant hold usually means sellers were waiting there, so i treat 84.9k as the ceiling until we reclaim it
81k on btc is still my line. hold it and this is just late longs getting shaken out. lose it and im not catching that knife. on eth i want 2,400 to hold
follow along if you want the morning read every day