$BTC UPDATE: (SHORT TERM) 

BTCUSDT

Trvl

77,605.1

-0.80%

BTC

77,642.61

-0.81%

ETHUSDT

Trvl

2,317.44

-0.35%

Last 24h $BTC consolidating tight near $76k after Iran announced Strait of Hormuz reopening triggering 5% rally to $78k but facing rejection at resistance

Funding rates negative for 46 consecutive days longest since FTX crash creating massive short-squeeze setup with $1.17B liquidation pressure above $77k. BlackRock clients buying $284M Bitcoin as geopolitical hedge while oil dropping 6% to $93 barrel shifting macro sentiment.

 

On technicals is crucial $BTC holds $74k-75k support zone because I will watch $72k-73k deeper retest. If breaks and sustains above $77k-78k resistance with volume I will start hunting pumps toward $82k-85k targets