Crypto kicks off Q3 with a tighter leash after Q2’s wild ride — liquidity is thinning and leverage is slipping. 👀
The sharp drop in $BTC open interest and ETF outflows shows sellers losing momentum, hinting buyers may be trapped as market depth shrinks.
Short $BTC now — swing trade
TP: $62,000
SL: $68,500
Because the liquidation cascade and shrinking depth point to further downside before any relief rally.
#BTC #crypto #trading
The sharp drop in $BTC open interest and ETF outflows shows sellers losing momentum, hinting buyers may be trapped as market depth shrinks.
Short $BTC now — swing trade
TP: $62,000
SL: $68,500
Because the liquidation cascade and shrinking depth point to further downside before any relief rally.
#BTC #crypto #trading