🚨 $400M+ Liquidated — $BTC Rejected at $70K
Fed turned hawkish
Higher inflation outlook
Fewer rate cuts ahead
Market reaction:
$400M+ longs wiped
$BTC struggling below $70K
Alts bleeding harder
This isn’t just a dip — it’s macro pressure
$70K is acting as resistance
Every bounce gets sold
No dovish shift = no sustained breakout
Verdict: Fade the bounces. Macro is in control