Manipulation in crypto continues.
30 minutes before the US futures opened, Bitcoin and ETH dropped in quick move liquidating $32 million in longs.
Then, as soon as US futures opened, both $BTC and $ETH recovered quickly above the drop level and liquidated 8 million in shorts.
ETH
1,977.44
-0.35%
BTC
69,438.93
-4.43%
This is a classic low liquidity weekend move to hunt leveraged traders.