Six red weekly candles in a row on $BTC and $ETH. Honestly, that streak feels heavier than any single dump.
Here are the numbers straight off the Binance weekly chart. BTC opened this run near $86.5K and sits around $68.6K now, roughly 21% lower. ETH went from about $2,727 to under $1,940, down close to 29%. This week alone BTC is off about 8% and ETH about 9%, and the weekly candle doesn't close until Sunday.
What I notice is how orderly it is. No single capitulation day, just a slow bleed where every bounce gets sold. I sat through that pattern in 2018 and again in 2022. It wears people down far more than a crash does, because there's never a moment that feels like the bottom.
Some folks on X are calling it manipulation. Maybe. But blaming someone else is usually what people do right before they stop paying attention, and in my experience bottoms form when attention is gone.
What I'm watching:
• whether $67.5K, today's low, holds on a weekly close
• ETH reclaiming $2,000
• any week that finally closes green, even a small one
Streaks like this end eventually. They just never announce it. Are you buying the boredom, or waiting for a real flush?
#Bitcoin #Ethereum #CryptoMarket #MarketAnalysis #BinanceSquare
Not financial advice. DYOR.
Here are the numbers straight off the Binance weekly chart. BTC opened this run near $86.5K and sits around $68.6K now, roughly 21% lower. ETH went from about $2,727 to under $1,940, down close to 29%. This week alone BTC is off about 8% and ETH about 9%, and the weekly candle doesn't close until Sunday.
What I notice is how orderly it is. No single capitulation day, just a slow bleed where every bounce gets sold. I sat through that pattern in 2018 and again in 2022. It wears people down far more than a crash does, because there's never a moment that feels like the bottom.
Some folks on X are calling it manipulation. Maybe. But blaming someone else is usually what people do right before they stop paying attention, and in my experience bottoms form when attention is gone.
What I'm watching:
• whether $67.5K, today's low, holds on a weekly close
• ETH reclaiming $2,000
• any week that finally closes green, even a small one
Streaks like this end eventually. They just never announce it. Are you buying the boredom, or waiting for a real flush?
#Bitcoin #Ethereum #CryptoMarket #MarketAnalysis #BinanceSquare
Not financial advice. DYOR.
