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🚨 #BTC tests $77K support and looks like a person on Monday morning without coffee ☕🤣
📊 Click 👉 $BTC 👈 for the latest chart.
📝 ETFs dumped $509.7M outflows for the day and institutions hit the “risk off” button.
-Market: panic.
-Traders: more panic.
RSI(6)? At 25.5, so oversold that even the bears are starting to worry 🐻😅
-Smart money?
Super bear sentiment Long/Short ratio 0.235.
📉Short whales are sipping champagne with ~16% profit from entries around $93K 🥂.
📈Long whales are trapped ~12.8% underwater around $88,900 and waiting for a “rescue rally.” Spoiler: none… for now.
-The technical picture is heavy 🎬:
first weekly close below 100EMA, $230B market cap fluff 💨, and resistance like concrete at $88,900.
-Price slid to ~$77,427, broke the lower Bollinger band and looks up towards $78K-$79K like an unattainable dream.
-MACD whispers “maybe we stop falling,” RSI screams “bounce me!,” but capital flows are still exiting.
😎 The mode is clear: sell the rip
●Short term:
possible relief bounce to $79K.
●Medium term:
consolidation $75K-$80K.
●Long term:
below $88,900, bears hold the microphone 🎤
#crypto is just a comedy… but with real money 😂
❓What do you think? Where will it go?
✍ in the comments.