BTC 66520 is playing dead again? ETH 2003 holding on?

The data doesn't lie. BTC has fluctuated 6396 points in 24 hours, and ETH has fluctuated 67.84 points. This is not a consolidation; it's clearly a case of whales playing high sell and low buy.

The liquidation map shows that there are $320 million in long liquidations below 66000 and $180 million in long liquidations below 2000. Are these foolish shorts still holding on, waiting to be liquidated?

In terms of funding rates, BTC is trading at a long-term discount, while ETH's discount is narrowing, indicating that bearish sentiment is heavier for BTC than for ETH. Coinbase's premium has been negative for 2 consecutive days, and U.S. institutions are not buying in at all.

From a technical perspective, the sell point for BTC is 67129, and the buy point is 66080. It's currently stuck in a very awkward middle position. The sell point for ETH is 2010, and the buy point is 1994, with fierce competition between bulls and bears at the 2000 level.

Looking short-term bearish, if BTC breaks below 66080, it will directly look at 65500, and if ETH breaks below 1994, it will look at 1980. The medium-term outlook is not pessimistic, with liquidity still increasing by 10% year-on-year.

$BTC #BTC $ETH #ETH