Post
EGCTRADE
Has the $BTC BTC pullback ended? Not yet, but it’s not "over" either — this is a "leverage washout" after the surge to 87K.
Bearish reasons are strong:
10Y yield hit 5.11%, PMI 58.4 sparked rate hike expectations
24h long liquidations over 450 million, 230 million liquidated within an hour when 84K broke
ETF inflows have been five consecutive days, but on 9/23 dropped sharply from 715 million to 320 or 347 million, buying momentum slowing
The bulls aren’t dead either:
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$80,716.3+0.00%
ETH/USDTEthereum
$2,355.32+0.00%
SOL/USDTSolana
$101.8+0.00%
Today’s market buzz
1#WillFedPauseInOctober
2#BTCETFFlowSwings
3#MiddleEastOilSupplyRisk
