$BTC USDT (Bitcoin perp) on Binance, 15m chart:**
- **Price:** $68,860, down 6.46% in 24h (24h range: 67,449 to 73,659). Volume is about $19.25B, so liquidity is very deep.
- **Recent action:** A steady slide from ~72,000 turned into a sharp flush to a low of 67,449. It has since bounced with a couple of green candles, but it has only recovered a small part of the drop.
- **Longer trend:** Today -4.00%, 7D -9.47%, 30D -17.16%, 90D +9.48%, 180D -11.94%, 1Y -32.15%. Weak across most timeframes.
- **Levels to watch:** Support is around 67,450, then 67,200. Resistance is around 69,240 to 70,250, then 71,270 and 72,050.
**Takeaway:** The structure is bearish. The sell-off was sharp and the bounce looks like a relief move rather than a reversal. Reclaiming ~70,250 would be the first real sign of strength, while a break below ~67,450 could extend the drop. After a fast drop, volatility and liquidation wicks are likely. Perps carry leverage and funding risk, and this isn't financial advice.
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise
#HuangExitNvidiaStrategyInFocus
#TradFiForBeginners
#ChipStocksExtendLossesAfterNvidiaCEOChange
- **Price:** $68,860, down 6.46% in 24h (24h range: 67,449 to 73,659). Volume is about $19.25B, so liquidity is very deep.
- **Recent action:** A steady slide from ~72,000 turned into a sharp flush to a low of 67,449. It has since bounced with a couple of green candles, but it has only recovered a small part of the drop.
- **Longer trend:** Today -4.00%, 7D -9.47%, 30D -17.16%, 90D +9.48%, 180D -11.94%, 1Y -32.15%. Weak across most timeframes.
- **Levels to watch:** Support is around 67,450, then 67,200. Resistance is around 69,240 to 70,250, then 71,270 and 72,050.
**Takeaway:** The structure is bearish. The sell-off was sharp and the bounce looks like a relief move rather than a reversal. Reclaiming ~70,250 would be the first real sign of strength, while a break below ~67,450 could extend the drop. After a fast drop, volatility and liquidation wicks are likely. Perps carry leverage and funding risk, and this isn't financial advice.
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise
#HuangExitNvidiaStrategyInFocus
#TradFiForBeginners
#ChipStocksExtendLossesAfterNvidiaCEOChange
