Boring → Double sweep → Moon is a script we’ve seen many times before — the question is whether market makers will replay it again soon.
After a long sideways phase, Bitcoin swept both sides yesterday: it pushed up to 92Kxx and then suddenly dumped back to 90Kxx within just a few H4 candles.
Nearly $200M in futures liquidations were wiped out, with the majority coming from long positions.
Overall market sentiment remains quite poor:
Fear & Greed Index is around 30 (fear zone)
Altcoin Season Index is also sitting in a range that’s unfavorable for altcoins
In general, retail sentiment is exhausted and bored at this stage.
Now we wait and see — will history repeat itself?$BTC
BTCUSDT
Perp
71,575.6
-5.73%
XMRUSDT
Perp
372.95
-1.80%
TRXUSDT
Perp
0.28136
-1.80%