67.5K is gone. $BTC wicked down to 66,456 overnight and now sits near 67.4K 📉
What I'm watching this Saturday:
• Fear & Greed is 13 (Extreme Fear)
• 76% of futures accounts are STILL long, so the crowd hasn't been flushed yet
• Funding is slightly positive (0.0056%), longs are still paying to hold
• Some outlets point to capital rotating toward the huge Anthropic IPO, on top of hot CPI and Fed hike worries
Extreme fear plus crowded longs is a rare mix. Either the capitulation is close, or the next leg lower hunts those longs first.
$ETH is near 1,905 and $SOL near 75.7, both bleeding with it. Not financial advice.
Do you think 66.4K was the low, or do we see 65K first? 👇
#BTC #CryptoMarket #Bitcoin
What I'm watching this Saturday:
• Fear & Greed is 13 (Extreme Fear)
• 76% of futures accounts are STILL long, so the crowd hasn't been flushed yet
• Funding is slightly positive (0.0056%), longs are still paying to hold
• Some outlets point to capital rotating toward the huge Anthropic IPO, on top of hot CPI and Fed hike worries
Extreme fear plus crowded longs is a rare mix. Either the capitulation is close, or the next leg lower hunts those longs first.
$ETH is near 1,905 and $SOL near 75.7, both bleeding with it. Not financial advice.
Do you think 66.4K was the low, or do we see 65K first? 👇
#BTC #CryptoMarket #Bitcoin
