pulse

THURSDAY #PULSE - May 7, 2026 | World Password Day

$BTC : $80,946 | -0.9% (rejected 200-day MA)
$ETH : $2,340 | -1.5% 24h | +4.5% weekly
#Market cap: $2.75T
Fear & Greed: 47 (Neutral)

The 200-day moving average just rejected BTC AGAIN. Tested $82,500, got knocked down to $80,900. This level ($82,228) has been a wall since October - even when BTC was at ATH, it rejected here. But here's what matters: shorts took $122.8M liquidations yesterday vs $40.8M longs. That's a 3:1 ratio favoring bears when price dips.

Translation: The rejection is sellers testing conviction. The liquidation ratio says shorts are the weak hand.

BTC dominance hit 58.91% - highest since July 2025. Capital consolidating into BTC, not rotating to alts. Fear & Greed at 47 = still neutral, not greedy yet.

The Real Trade: Hold $80.5K support today. If we don't lose it, next push at $82,500 is final test of 200-day MA. Break it with volume = $90K target next week. Reject it again = $78K retest.

Can BTC finally close above the 200-day MA?

#crypto #BTC #PoorCryptoMan
📡 @PoorCryptoMan