Spot traders right now: calmly holding $BTC at ~$73,912 while $723M of leveraged longs just got liquidated. 😅
Hot October CPI (0.4% vs 0.3% expected) pushed December Fed hike odds to 90%, and BTC dipped to $72,727 overnight — then bounced straight back to defend the 200-day average near $73,200.
The good news for spot holders: ETF selling is finally slowing. Outflows shrank from $430M to $95M across four days. Fear & Greed still stuck at 29 (Fear).
Levels: support $73,200 / $72,700, resistance $74,800 / $75,000. Reclaim $75K and the mood flips fast.
Leverage got rekt. Spot just waited. 😌
Not financial advice. DYOR.
Hot October CPI (0.4% vs 0.3% expected) pushed December Fed hike odds to 90%, and BTC dipped to $72,727 overnight — then bounced straight back to defend the 200-day average near $73,200.
The good news for spot holders: ETF selling is finally slowing. Outflows shrank from $430M to $95M across four days. Fear & Greed still stuck at 29 (Fear).
Levels: support $73,200 / $72,700, resistance $74,800 / $75,000. Reclaim $75K and the mood flips fast.
Leverage got rekt. Spot just waited. 😌
Not financial advice. DYOR.