Bear trap confirmed in $BTC ($82,710)
Yesterday, all of crypto was calling for panic and a drop to <$79K after the inflation data, but here’s how real liquidity responded:
• Textbook defense: Flawless buying absorption at the psychological $80,000 support level.
• Coordinated bounce: BTC is up +3.0% and ETH has recovered to $2,485 (+5.9% from its low of $2,344).
• Liquidation target: The magnet has switched sides; the largest pool of overleveraged shorts is above, at $83,500 - $84,200.
A straight sweep to $84K before the weekly close, or do we consolidate here? 👇
#NEARRisesNearly10%
Yesterday, all of crypto was calling for panic and a drop to <$79K after the inflation data, but here’s how real liquidity responded:
• Textbook defense: Flawless buying absorption at the psychological $80,000 support level.
• Coordinated bounce: BTC is up +3.0% and ETH has recovered to $2,485 (+5.9% from its low of $2,344).
• Liquidation target: The magnet has switched sides; the largest pool of overleveraged shorts is above, at $83,500 - $84,200.
A straight sweep to $84K before the weekly close, or do we consolidate here? 👇
#NEARRisesNearly10%