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Liquidations and Leverage
🔥 On October 7, the entire market saw about $547 million in liquidations, with 88% being long positions; at that time, BTC perpetual contracts had an open interest of approximately $69.29 billion (Crypto Times, citing CoinGlass).
📅 On October 13, 24-hour liquidations ranged from about $140 million to $154 million (CryptoTicker, citing CoinGlass), roughly 26% to 28% of the October 7 figure (my own calculation).
⚖️ This week's price volatility did not trigger large-scale liquidations (Cointribune), but Bitfinex warns that leverage is accumulating again.
🕒 CoinGlass figures are rolling and vary by date due to different calculation methods.
Fewer liquidations indicate the short term is not as crowded, but this does not indicate direction; I am uncertain and might be mistaken.
📍 The levels I am watching:
• $79,821: liquidation trigger level
• $83,000: possible short squeeze trigger after breakout
Do you think the rise in leverage is preparing for an upward move or a downward one?
$BTC $ETH #CanBTCHold80K #ChipStocksFallOver12% $BTC $ETH $ZEC The Ethereum Foundation has announced a detailed fork roadmap to implement "Lean Ethereum," planning to gradually advance through multiple named forks with the goal of completing this long-term protocol overhaul by 2029. According to its "Strawmap" plan, H* will be the last fork without Lean features; I* will introduce leanVM and Lean transactions; J* will add Lean proofs, data availability sampling, and PCS; by the L phase, Lean Ethereum will be fully completed. What Lean Ethereum Means Lean Ethereum is a protocol vision proposed as Ethereum enters its second decade, focusing on streamlining the protocol, eliminating redundancy, significantly improving performance, and restructuring the underlying tech stack without sacrificing decentralization and security. The Foundation describes it as "lightweight"—a more streamlined, efficiently scalable protocol that remains trust-minimized. The phased structure of the roadmap is notable. Ethereum will not complete the transformation through a single massive upgrade but will gradually add Lean components through named forks. This continues Ethereum's existing upgrade cadence but for the first time commits to a multi-year timeline spanning multiple hard forks. Quantum Resistance and Data Availability The J* fork includes Lean proofs and data availability sampling, indicating that post-quantum cryptography and scalable data layers are core to the plan. Data availability sampling is already a pillar of Ethereum's rollup-centric scaling strategy; it will$CORE – Trust Is More Important Than Promises
$CORE needs to rebuild investor confidence. Security improvements, exchange support and real ecosystem growth will matter more than temporary price movements. I'm watching the project's next moves.
#KOSPIHitsCircuitBreaker $ENA
Ethena introduces a different conversation within DeFi: synthetic dollar infrastructure and the economics behind maintaining dollar-denominated value. Its growth depends on demand, collateral quality, liquidity, and the sustainability of its underlying mechanisms. Changes in market conditions can expose weaknesses quickly, making risk management just as important as ecosystem expansion.$ENA is positioning for a powerful bullish continuation as buyers defend range low support.
Price structure highlights strong accumulation coiling for the next markup phase.
Buy Zone
0.1580 - 0.16531
EP
0.1580 - 0.16531
TP
0.1840
0.2020
0.2240
SL
0.1520
Selling volume has fully exhausted while buyer interest steadily accelerates. Holding firm above current support triggers a fast upward rotation.
Let's go $ENA
#OKXOrbitTopics . $ALGO
Algorand's long-term story is closely connected to blockchain efficiency and its potential role in financial infrastructure. However, strong technical design does not automatically translate into widespread adoption. The more important indicators are application growth, developer commitment, transaction demand, and the ability to compete with newer networks offering similar capabilities.开局先别急着说满话，$LIT 这盘面今天就是个震荡偏多，别追高也别杀跌，回调里接。想下手的，等价格回踩到 3.36 到 3.39 一带再挂多，2 倍杠杆，止损压在 3.22 下方别手软，第一目标先看 3.49，摸上了再看 3.54，这波做下来盈亏比也就 1 比 1.2 的样子，赚的就是震荡上行的顺风钱，别指望它一夜给你翻出个花来。为啥这么排，因为二十四小时它才动 2.39%，最新报 3.41，正卡在七天高点 3.57 底下磨蹭，上不去也下不来，典型的洗盘节奏。这当口你要是忍不住冲进去，等于给早进的人抬轿子，不如守着回踩的便宜筹码，跟它磨时间比跟它赌气强。总之一句话，$LIT 要能站上 3.57 才谈得上真冲，站不上就安安分分盘底，别跟自己那点保证金较劲，更别跟市场赌气。 图里看得最清楚，$LIT 这七天画了条耐看的弧线。10 月 30 号还在 2.68 的底部趴着，31 号一根 10.85% 的大阳线直接把它拽上 3.23，像极了天气 APP 那个乌龙，头天还给你播着极寒末世，第二天直接切到春暖，温差横跨大半个地球。之后 11 月 1 号小幅回一口，2 号又一根阳线拱上 3.42，3 $xAAPL is coiling tightly around prime demand support as buyers establish dynamic defense.
Market structure signals a high-probability bullish reversal toward local highs.
Buy Zone
335.00 - 344.37
EP
335.00 - 344.37
TP
368.00
390.00
415.00
SL
328.00
Order flow shows heavy accumulation building along the lower range boundaries. Maintaining this support cluster fuels an explosive recovery push.
Let's go $xAAPL
#OKXOrbitTopics . The meme coin sector is facing renewed uncertainty as the broader cryptocurrency market experiences a sharp correction. Dogecoin $DOGE and $PEPE remain heavily influenced by market sentiment, speculative activity and trading volume. When Bitcoin and Ethereum experience significant selling pressure, meme coins can become even more vulnerable. The current environment is making traders more selective about where they place their capital. Instead of chasing speculative rallies, many are waiting for $SNDK Just by glancing at these two charts, even with my eyes closed, I know why it’s chosen for shorting. This chart literally screams "bear market paradise."
First, extreme chip counter-indication. Look at Chart 2: the long position ratio is as high as 87.59%, with a terrifying long-short ratio of 7.06. This means nearly 90% of people are frantically bottom-fishing during this sharp drop. Are the main players doing charity? Absolutely not. This 87% long position is the richest fuel for the main players to dump the price.
Second, a typical downtrend with a weak rebound. From over 1300, it cascaded down to 793.7. Look at the moving averages in Chart 1: MA20 and MA60 are diverging downward like a heavy mountain pressing down. Now the price has rebounded to around 826. Although the MACD barely formed a golden cross below zero, this is just a "dead cat bounce" after overselling, with no strength to break through the heavy resistance above.
Third, the fundamentals are a dead giveaway. The earnings report was good but the price still plunged, indicating big money has long exited on the good news. The current drop is purely valuation killing and deleveraging.
My strategy is simple: absolutely no chasing shorts—that’s just giving away your head. I will patiently wait for this bull trap rebound to the upper moving average resistance zone (around 850-860), confirm it can’t rise further, then enter short on the right side with the trend. Stop loss will be set at the previous high, target directly at the previous low of 793.7.
When others are greedy, I am fearful. I’ll join the main players in harvesting all these retail traders on the screen.$xIREN is erupting into a massive breakout trend following an explosive volume surge.
Bulls maintain dominant market control with strong price action holding near highs.
Buy Zone
19.20 - 20.48
EP
19.20 - 20.48
TP
23.00
25.50
28.20
SL
18.40
Order flow remains heavily stacked with buyer interest along dynamic trendlines. Sustained pressure here guarantees an aggressive continuation leg up.
Let's go $xIREN
#OKXOrbitTopics . #AAOIQ3 revenue increased by 128% year-over-year, hitting a new high for six consecutive quarters
$AAOI current price remains around 48, possibly influenced by Q3 revenue, rising from the previous 39 to about 49
AAOI dropped to around 39, possibly related to the Democratic Party's victory in the midterm elections, triggering tighter regulation on AI data centers
Sectors like storage, semiconductors, and other AI hardware experienced a wave of declines, and CPO is also hard to avoid
Looking back historically, the previous low of 39 is not far from the 26-year low of around 33, and there is still at least a 60% drop from the previous low of about 18 in November 25, but currently, the probability of reaching that is considered low; if it does, it would likely be due to further negative events
If the AI main theme still exists, there is potential for further rise and valuation recovery, but facing tightening regulation, AI may find it difficult to return to the previous “frenzied” market state 🤔 Beware of risks! Writing
#US Nonfarm Payrolls Tonight: After the Market Sell-Off, Is December's Rate Hike Still on the Table?
As a mid-term market observer, I believe tonight's Nonfarm Payrolls report could be a major catalyst for the next move across US equities and crypto.
The market's current focus is clear: despite the sharp sell-off in US stocks, expectations of a 25bp rate hike in December remain elevated at approximately 69%–71%. #DailyOrbit $AVAX
Avalanche's architecture allows developers to create application-specific blockchain networks rather than relying entirely on one shared execution environment. This flexibility could appeal to projects with specialized performance or operational requirements. The challenge is ecosystem fragmentation: creating multiple networks is useful only when those networks attract users, applications, liquidity, and meaningful economic activity.$LIT is positioning for a powerful bullish reversal off historical value demand.
Bulls are actively holding range low boundaries to build launchpad momentum.
Buy Zone
3.22 - 3.3508
EP
3.22 - 3.3508
TP
3.70
4.02
4.38
SL
3.12
Liquidity sweep at the lows has cleared the path for a fast target expansion. Holding firm above current support triggers a swift upward rotation.
Let's go $LIT
#OKXOrbitTopics . $PEPE Bullish: It rose nearly 7% against the trend when the market tanked a pit
Current price about 0.00000506, up 6.75% in 24 hours, trading volume about $27.9 million, bouncing from Thursday's low of 0.00000471 to a high of 0.00000520
During the same period, Bitcoin was almost flat with a slight decline, most of the top 100 coins were still in the red, among memes DOGE only rose 1.4%, SHIB rose 1.5%, PEPE left the same track far behind
Both ICObench and AInvest point to spot buying plus short covering, not driven by a single rumor, still up about 20% over 30 days, while Bitcoin was still retracing
The Canary spot PEPE ETF has not yet been approved, no institutional channel to take over, the strength of this round depends first on whether the trading volume can be sustained
The view is simple: there are few meme coins that can show independent strength with volume during a market dump; only volume counts.#AAOIQ3 revenue increased by 128% year-over-year, hitting a new high for six consecutive quarters
AAOI Q3 indeed saw high revenue growth and a new high for six consecutive quarters, but this looks more like the AI optical module volume ramp-up being validated, rather than simply meaning "the fundamentals are completely worry-free"
✅ High revenue growth is real: Q3 fell within guidance, with data center business up 254% year-over-year, accounting for nearly 58%, indicating that 800G/high-speed optical module volume ramp-up is being realized
✅ Profitability inflection point appeared: GAAP net profit turned positive, adjusted EPS exceeded expectations, at least showing that revenue scale can cover part of fixed costs
✅ AI optical interconnect remains the main theme: The performance of US domestic optical communication manufacturers like AAOI, Coherent, Lumentum will continue to be used by the market to validate the capital expenditure intensity of hyperscale data centers
The AI optical module sector is currently highly valued; investors are much more sensitive to gross margin and long-term guidance than to revenue growth
Revenue exploded with 128% growth, but weakening gross margin and guidance falling short of optimistic expectations led investors to directly cut valuations, which explains our earlier point: the first full trading day after the earnings report closed down
@OKX中文 @OKX星球
#OKXUSearningsSeason #OKXExperts #TradeTradFiOnOKX$XPL is positioning for a powerful bullish continuation as buyers defend range low support.
Price structure highlights strong accumulation coiling for the next markup phase.
Buy Zone
0.0548 - 0.05676
EP
0.0548 - 0.05676
TP
0.0625
0.0680
0.0745
SL
0.0532
Selling volume has fully exhausted while buyer interest steadily accelerates. Holding firm above current support triggers a fast upward rotation.
Let's go $XPL
#OKXOrbitTopics . $WLD
Digital identity could become increasingly relevant as AI-generated content makes online authenticity harder to establish. World ID attempts to address this through privacy-focused proof-of-human technology. However, adoption is only one side of the equation. Biometric privacy, public trust, regulatory treatment, and practical everyday applications remain major challenges for the project's future.$ONDO is establishing a solid bullish base as smart money absorbs liquidity at range lows.
The consolidation pattern signals an organic breakout setup in progress.
Buy Zone
0.362 - 0.3738
EP
0.362 - 0.3738
TP
0.415
0.450
0.495
SL
0.352
Sellers have completely lost control as buyer interest steadily builds along support. Holding firm here unleashes a high-velocity recovery push.
Let's go $ONDO
#OKXOrbitTopics $HYPE is so similar, really too similar! Pay attention to the two trend segments circled in the picture; although it can't be said to be copy-paste, they are extremely alike! Every stock has its own characteristics, meaning the trend will have certain patterns. The crypto market is the same; each coin has its own unique movement. For $HYPE, this coin tends to trap people often, frequently showing double tops or multiple tops, with large trading volumes at these points. Many who chase the highs get trapped, but since HYPE is a rare value coin, in the long term it can always recover. Even if you chased the high and got trapped at the peak in June, by August you would have recovered. HYPE will keep hitting new highs. I am currently trapped as well, and not lightly, and it may even drop to 72 or 70 soon, but I have no doubt it will continue to reach new all-time highs later. In short, every time there is a dump, just add some positions!$DOT is coiling into a clean demand setup with buyers stepping in heavy near support.
Structure favors a swift upward bounce back toward major overhead liquidity.
Buy Zone
0.895 - 0.9248
EP
0.895 - 0.9248
TP
1.020
1.110
1.220
SL
0.870
Volume profile highlights steady accumulation clearing out local ask blocks. Defending this baseline sets up a clean path for rapid target execution.
Let's go $DOT
#OKXOrbitTopics . $ETHFI is erupting into a massive breakout trend following an explosive volume surge.
Bulls maintain dominant market control with strong price action holding near highs.
Buy Zone
0.550 - 0.5835
EP
0.550 - 0.5835
TP
0.655
0.720
0.790
SL
0.528
Order flow remains heavily stacked with buyer interest along dynamic trendlines. Sustained pressure here guarantees an aggressive continuation leg up.
Let's go $ETHFI
#OKXOrbitTopics . $JTO
Jito represents an important part of Solana's staking infrastructure, particularly through its connection to MEV rewards and liquid staking. The distinction between JTO governance and JitoSOL's staking utility is important. As Solana's DeFi ecosystem develops, governance decisions, validator economics, and protocol revenue will help determine how much long-term significance the Jito ecosystem can maintain. $SEI
Sei occupies an interesting position between high-performance blockchain infrastructure and trading-focused applications. Speed can improve the experience for applications that need frequent transactions, but performance alone does not guarantee adoption. The important question is whether developers can attract users who remain active beyond incentive programs. Sustainable activity will be a stronger indicator than short-lived ecosystem excitement.Bitcoin’s slide is no longer a single story of leveraged longs being flushed out. The latest snapshot shows three major tokens still falling, but the losses are now landing on different sides of the order book. $BTC trades at $76,154, down 5.69% over 24 hours and just above an intraday low of $75,200. Its long/short ratio sits at 2.90, barely changed from 2.91 four hours earlier, while open interest is roughly $2.651 billion. In the most recent 126 minutes, 100 liquidations split into $70,000 of$WLFI is positioning for a powerful bullish continuation as buyers defend range low support.
Price structure highlights strong accumulation coiling for the next markup phase.
Buy Zone
0.0448 - 0.04634
EP
0.0448 - 0.04634
TP
0.0515
0.0560
0.0615
SL
0.0435
Selling volume has fully exhausted while buyer interest steadily accelerates. Holding firm above current support triggers a fast upward rotation.
Let's go $WLFI
#OKXOrbitTopics . $xCRCL is locking in an aggressive bullish setup as buyers step in to defend key support.
Price structure is coiling tightly for an organic upward expansion move.
Buy Zone
64.20 - 66.42
EP
64.20 - 66.42
TP
72.50
78.00
84.50
SL
62.80
Smart money is heavily accumulating along local support blocks. Staying above key dynamic levels guarantees high-velocity upside action ahead.
Let's go $xCRCL
#OKXOrbitTopics $CORE continues to face questions about its long-term market position. Recent network security concerns and exchange-related uncertainty have made investors more cautious about the project's future. The recovery of approximately 68.15 million $CORE tokens through a network hard fork was an important development. However, restoring confidence requires more than recovering tokens. Investors also need to see stronger ecosystem activity, transparent communication, improved security and consistent de$PUMP is erupting into a strong bullish breakout as volume surges past local resistance.
Bulls maintain dominant market control with price action holding firm near highs.
Buy Zone
0.00388 - 0.004004
EP
0.00388 - 0.004004
TP
0.00440
0.00485
0.00535
SL
0.00375
Order flow is heavily stacked with buyer interest along dynamic trendline support. Sustained pressure here guarantees an aggressive continuation leg up.
Let's go $PUMP
#OKXOrbitTopics . $APT
Aptos has an interesting challenge: turning technical performance into a larger, more active application ecosystem. A blockchain can offer sophisticated infrastructure, but developers and users ultimately determine whether that infrastructure becomes valuable. DeFi participation, consumer applications, and developer retention deserve attention. Technology creates opportunities; consistent ecosystem usage is what makes those opportunities meaningful.$XLM
Stellar’s strongest proposition is its focus on moving money efficiently across borders. Its payment infrastructure is designed around fast settlement and low transaction costs, making it relevant to remittances and tokenized financial assets. The bigger challenge is converting infrastructure capability into sustained economic demand. Network growth matters, but meaningful payment usage is what gives this ecosystem its long-term relevance. $ORDI is expanding upward with explosive buying pressure pushing past immediate resistance levels.
Market structure signals strong accumulation clearing the path for further upside gains.
Buy Zone
3.20 - 3.335
EP
3.20 - 3.335
TP
3.68
4.05
4.48
SL
3.08
Steady bid placement continues to absorb lower range supply with high efficiency. Holding firm above dynamic support unleashes high-speed continuation.
Let's go $ORDI
#OKXOrbitTopics . $xXIAOMI is coiling into a clean demand setup with buyers stepping in heavy near support.
Structure favors a swift upward bounce back toward major overhead liquidity.
Buy Zone
3.72 - 3.838
EP
3.72 - 3.838
TP
4.12
4.45
4.82
SL
3.60
Volume profile highlights steady accumulation clearing out local ask blocks. Defending this baseline sets up a clean path for rapid target execution.
Let's go $xXIAOMI
#OKXOrbitTopics . $LDO
Liquid staking solves an important capital-efficiency problem: allowing staked ETH to remain represented through a transferable asset. Lido has established a significant position in this market, but its future depends on maintaining trust, decentralization, and competitive relevance. Ethereum staking demand can remain strong while LDO faces separate questions about governance and token value capture. $AR
Permanent data storage is a different infrastructure challenge from ordinary blockchain transactions. Arweave approaches this through a model designed for long-term information preservation. Its relevance could increase as decentralized applications generate more content and data. However, storage demand must translate into sustainable economic activity, while pricing, accessibility, and competing storage networks remain important considerations. $TRX is demonstrating steady bullish strength as buying volume holds range support.
Structure remains overwhelmingly solid for an immediate breakout phase.
Buy Zone
0.3110 - 0.31922
EP
0.3110 - 0.31922
TP
0.3380
0.3550
0.3780
SL
0.3050
Bulls are continuously defending higher lows across key lower timeframes. Holding above current support paves the way for a rapid liquidity sweep above.
Let's go $TRX
#OKXOrbitTopics . #伯克希尔巨额现金储备，财报将披露最新动向 It's difficult $MERL is coiling into a clean demand setup with buyers stepping in heavy near support.
Structure favors a swift upward bounce back toward major overhead liquidity.
Buy Zone
0.0278 - 0.02894
EP
0.0278 - 0.02894
TP
0.0315
0.0338
0.0365
SL
0.0269
Volume profile highlights steady accumulation clearing out local ask blocks. Defending this baseline sets up a clean path for rapid target execution.
Let's go $MERL
#OKXOrbitTopics . $AAVE is accelerating forward with strong bullish energy as buying volume enters.
The trend continuation structure remains completely intact for the next wave.
Buy Zone
126.50 - 130.91
EP
126.50 - 130.91
TP
141.00
150.00
162.00
SL
122.80
High buyer conviction is keeping price action steady above reaction support. Maintaining this momentum fuels a fast charge into upper liquidity.
Let's go $AAVE
#OKXOrbitTopics . ETF outflows and exchange net inflows occur simultaneously, raising questions about market support
On November 5, U.S. spot crypto ETFs saw a total net outflow of approximately $546.2 million, with about $430.2 million outflow from BTC; in the morning exchange address statistics, OKX had a net inflow of $133 million, and Bybit an inflow of $203 million. The two data sets cover different scopes and cannot be summed, but both indicate that capital allocation remains cautious. $BTC's rebound depends on ETF outflow stopping and spot buying.
#美国10月非农超预期，12月加息押注升温 #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 #美国新旧国会交接或影响美伊局势 $xSOXS is locking in a strong bullish bounce after sweeping local discount liquidity.
Selling pressure has fully dried up as smart money absorbs sell orders.
Buy Zone
72.50 - 75.33
EP
72.50 - 75.33
TP
81.00
86.50
92.50
SL
70.20
Downside volume has stalled completely while buyer interest rapidly accelerates. Reclaiming immediate resistance opens up a clear route to higher targets.
Let's go $xSOXS
#OKXOrbitTopics The US just released its October jobs report, and the numbers came in much stronger than expected! Here's what happened: 📈 165K new jobs added in October, versus around 65K expected. 📉 Unemployment rate: Dropped from 4.2% to 4.1%. 💵 Wage growth: Increased 3.1% year-over-year. Why does this matter for crypto? A stronger job market means the US economy is showing resilience. However, it could also make the Federal Reserve more cautious about cutting interest rates. For crypto investors, this is$HBAR
Hedera’s enterprise-focused architecture gives it a different position from many general-purpose blockchains. Its long-term challenge is converting institutional interest and network capabilities into consistent economic demand. Transaction activity alone is not enough; sustainable application usage, developer participation, and meaningful network fees will determine whether $HBAR’s utility grows alongside its ecosystem. Bitcoin $BTC is facing renewed selling pressure as institutional investors continue reducing their exposure to the crypto market. US spot Bitcoin ETFs recorded approximately $430 million in net outflows on November 5, while $BTC briefly dropped toward $75,000. The situation becomes more concerning when ETF withdrawals happen alongside heavy leveraged liquidations. More than $1 billion in bullish positions were reportedly liquidated across the crypto market, adding further pressure to prices. TheIf it doesn't drop below 60,000, it's not called bottom fishing
Every time the US stock market plunges, even crashes, it often recovers and hits new highs over the long term. But the question is whether investors can endure a prolonged battle. A few months of decline is actually nothing; the real challenge is encountering a scenario like the 2000 internet bubble, with three consecutive years of decline and ankle-cutting drops. Back then, bad news was everywhere, confidence was depleted before cash, and countless people cut losses and exited at the very bottom.
The financial market is just that ruthless. Now, I am mentally prepared for a long-term battle. I have patience, I don't play US stocks, but US stocks are the father of Bitcoin; if US stocks perform poorly, Bitcoin will also struggle. If US stocks continue to fall, Bitcoin will most likely follow.
So the strategy is simple: buy Bitcoin below 60,000, never bottom fish with the crowd at 75,000. If it doesn't drop below 60,000, then just keep waiting. Low prices represent higher probability of success, better risk-reward ratio, and odds, as well as sufficient margin of safety.
Core
Don't bet on short-term rebounds, don't chase emotional bottom fishing. Use low prices to exchange for margin of safety; if you can't catch it, keep waiting; patience itself is part of the position.$GRT
Blockchain data is only valuable when applications can access and interpret it efficiently. The Graph addresses this infrastructure requirement through decentralized indexing and querying. As on-chain ecosystems become more complex, reliable data availability becomes increasingly important. Still, broader blockchain adoption does not automatically guarantee proportional demand for GRT; actual network usage remains the critical factor.$ONDO
Tokenized real-world assets are creating an interesting connection between traditional finance and blockchain infrastructure. Ondo operates in this developing sector, where asset accessibility, compliance, custody, and liquidity matter just as much as tokenization technology. Competition is also increasing. The real test is whether tokenized financial products can achieve sustainable distribution and meaningful demand.$xINTC is locking in an aggressive bullish breakout as buying pressure rapidly accelerates.
Bulls are in complete command as price moves upward from major support.
Buy Zone
54.20 - 55.95
EP
54.20 - 55.95
TP
59.50
63.00
67.50
SL
52.80
Heavy buying interest continues to absorb supply along dynamic support levels. Defending this breakout zone clears a direct route for higher continuation.
Let's go $xINTC
#OKXOrbitTopics . $BTC is flashing a familiar signal from 2023. A major move could be approaching!
Bitcoin is once again trading between the weekly MA 50 and MA 100, a setup that appeared before the massive 2023 breakout.
After facing rejection near $87,400, Bitcoin is approaching a critical moment.
The weekly MA 50 at $75,500 remains the first major support, while the MA 200 sits near $67,800.
On the upside, $82,000 is the immediate resistance. Breaking above $87,400 could open the door for a much stronger