$BTC broke below $66K — STH losses just hit their worst level since February 6 😬
The CryptoQuant data is blunt. STH Loss to Binance dropped to -16,400 BTC on June 2 — deepest since February 6. Across all exchanges, -38,700 BTC on June 2 following -41,300 BTC on May 28. Both readings exceed the February capitulation level that previously marked the most intense selling of the recent correction. Mid-sized investors sent 8,400 BTC to Binance on June 2 alone — highest since that same date. This i...
$BNB Stabilizing After the Sell-Off...??
$BNB has been in a clear downtrend, but buyers are starting to defend the $590-$600 support zone after the recent sharp decline. The latest candles suggest selling pressure may be slowing.
If bulls reclaim and hold above $610, a recovery toward $620-$640 is possible. However, if $590 support fails, price could revisit the recent low before finding stronger demand.
For now, the short-term trend remains bearish, but the current bounce shows buyers are a...
$WLD looks much stronger than it did a few days ago.
Trade Setup:
Entry: 0.5159
Stop Loss: 0.4889
Target: 0.5931
Many traders were expecting another rejection from the trendline, but buyers stepped in exactly where they needed to. The support zone held, the downtrend structure got broken, and now price is trying to build a higher base above the breakout area.
I’m not chasing the move here. Personally, I would prefer a small retest before the next leg up. If bulls defend this area again, I ...
one of the longest and most aggressive Bitcoin ETF sell-offs we’ve seen so far.
US spot Bitcoin ETFs have now recorded 13 straight days of outflows, with a massive $4.4 billion leaving the market during this streak. At the same time, Bitcoin has fallen around 21% from its mid-May highs, showing just how much pressure has been building behind the scenes.
What makes this interesting is that only a few weeks ago, ETF demand was being seen as one of Bitcoin’s biggest strengths. Now, that same mark...
🔴 The Same Trendline. The Same Fear. A Different Cycle.
Back in 2023, this trendline marked the point where most traders expected lower prices.
Bitcoin held support, ignored the fear, and went on to rally over 400%, reaching a new all-time high above $126K.
Today, price is testing the same long-term trendline again.
📈 Hold the line → The macro bull structure remains intact.
📉 Lose the line → A deeper correction and extended accumulation phase become increasingly likely.
Every cycle has ...