Bitcoin is trading near $87,000 and still looks weak.
Yesterday’s sudden pump was quickly dumped, showing sellers are in control.
Price has broken its uptrend, and many traders are expecting a drop below $85,000.
With long-term holders selling and global risks high, volatility is likely to continue.
Right now, liquidity is sitting at two major price levels.
Heavy sell-side liquidity is present around $96K–$98K, which is blocking any strong upward move
while buy-side liquidity is building near $88K–$90K, supporting the price on the downside.
The next big move will only come when one side of this liquidity gets...
A strong sign that altcoins are preparing for growth.
Trading volumes with altcoins have fallen sharply, which often happens during periods of accumulation and peak market fear. We are back in the buying zone: 30-day volumes have fallen below the annual average.
Altcoins still have the potential to fall by around 20...