Saikat 56
--
#TradersLeague Bitcoin slips below key support at **\$65,000**, triggering panic selling and liquidations across futures markets.
🔻 RSI drops below 40
🔻 Funding rates turn negative
🔻 On-chain data shows short-term holders capitulating
Macroeconomic pressure from rising interest rates and weak ETF inflows is adding to the decline. Altcoins mirror the drop, with double-digit losses across major caps.
Caution is key — volatility is high and sentiment fragile. Next support lies near **\$62,500**; if breached, \$60k could be tested.
Smart traders are watching volume, waiting for confirmation — or signs of a bullish trap.
🔻 RSI drops below 40
🔻 Funding rates turn negative
🔻 On-chain data shows short-term holders capitulating
Macroeconomic pressure from rising interest rates and weak ETF inflows is adding to the decline. Altcoins mirror the drop, with double-digit losses across major caps.
Caution is key — volatility is high and sentiment fragile. Next support lies near **\$62,500**; if breached, \$60k could be tested.
Smart traders are watching volume, waiting for confirmation — or signs of a bullish trap.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
3
0