📉🚨 Bitcoin Update: Is $BTC ’s $115K Support Still Safe? 🚀💎
🔥 Quick Take:
🔸 BTC dipped 4%, sliding under $115,000 for the first time in 2 weeks 📉
🔸 $390M in futures liquidated during monthly expiry 💥
🔸 Derivatives market? Calm but cautious 😶🌫️
📊 Futures Market Vibe:
✅ Still trading at a 7% premium – neutral zone!
❌ No panic, no bearish stampede 🐂
⚖️ Options Market Drama:
😱 Fear spiked with a 10% skew → quick rush for puts!
😌 But settled back to 1% skew – balance restored.
💴 China’s Stablecoin Check:
🔍 USDT only at a 0.5% discount – light caution, no mass exit 🚪
🐋 Whales & Macro Watch:
⚠️ 80,000 BTC being offloaded via Galaxy Digital 👀
🌍 Macro risks: trade tensions, US slowdown talk…
✅ Bottom line? $BTC ’s $115K support is still holding strong (for now) – the market’s nervous, but not broken. 🛡️