#TOTAL تجاوزت منطقة الدعم وشهد السوق تدفقًا حادًا للأموال خارجها. وصل المؤشر إلى منطقة دعم قوية ويحاول الصمود. لا يُنصح بالشراء حتى ظهور تأكيد انعكاس الاتجاه على الرسم البياني.
Bitcoin's price took a sharp dive last week, hitting the previously drawn key support level. The price has already reacted off this level, so we need to wait for a trend reversal to kick in. A significant drop in liquidity is likely before we see any change.
شهد مؤشر #BTC.D انخفاضًا حادًا، وهو هبوط واضح. يتواجد المؤشر حاليًا في منتصف نطاقه السعري، ومن المتوقع أن يصل إلى منطقة الدعم الرئيسية عند مستوى 56.7% - 56.9%. كما انخفض سعر #BTC، مما أثر سلبًا على سعر العملات البديلة، ومن المتوقع أن يستمر هذا الانخفاض حتى يصل إلى مستوى الدعم الرئيسي. إذا استقر سعر #BTC، فإن فتح مراكز شراء لتحقيق مكاسب سريعة سيكون خيارًا جيدًا.
The #BTC.D index has seen a sharp decline, which is a clear drop. The index is currently sitting in the middle of its price range, and it's expected to hit the main support zone around 56.7% - 56.9%. Meanwhile, the price of #BTC has dropped, negatively impacting altcoin prices, and this downward trend is likely to continue until it reaches the key support level. If #BTC stabilizes, opening long positions for quick gains would be a solid move.
$BTC Bitcoin's price action (#BTC) reacted but broke through the key support level, flipping it into a major resistance zone, which has seen a retest. The price drop has slightly drained liquidity from its lows, and it's expected to slide further towards the next key support area around $58,200 - $59,500.
Bitcoin's price is taking a sharp dive as we mentioned, now nearing the key support zone between $64,800 and $66,000. There's not much to do right now; just hold your short positions as we discussed earlier.
📊 Order flow data indicates that the recent dip in Bitcoin's price is primarily driven by sell-offs in the spot market. Open interest in futures has only seen a slight decline, but it remains elevated, while the Spot CVD has decreased significantly more than the Futures CVD, showing that sellers are more active in the spot market compared to the derivatives market.
📈 Funding rates support this view. Despite the price drop, funding has stayed positive and has started to rise again, meaning that leveraged long positions are still yielding returns for holding onto their positions during this downturn.
⚖️ Overall, the market still leans heavily towards buying, while demand in the spot market continues to wane. This imbalance is likely to resolve either with a resurgence of Bitcoin buys or a larger reset in the derivatives market to liquidate excess leverage. 🚀📉