$BTC Daily sell point: $68457 Daily buy point: $65490
$ETH Daily sell point: $2051 Daily buy point: $1954
BTC 66500 is pretending to be dead again?
The funding rate has been negative for 3 hours in a row, with long positions paying protection fees to short positions.
24-hour decline of 3.86%, this isn’t a correction, this is a rout for the bulls.
Under 66000, there are 514 million dollars in long liquidations, and Coinbase premium has been negative for 3 days.
Don’t rush to buy the dip, if 66500 doesn’t break, you can try to long, if it breaks, watch for 65490.
ETH 1988 is pretending to be dead again?
A whale bought 4790 ETH at 1972 three weeks ago, now with a floating profit of 1 million not selling, now losing 1.25 million liquidating.
But global liquidity is increasing by 10% annually, RWA 24.9 billion is still rising.
Below 1950 is a golden pit, in a bear market rely on shorts, in a bull market rely on longs, follow the data.
$BTC #BTC $ETH #ETH