$ERA just like other cryptocurrencies was clearly affected by the massacre of $BTC that dragged and liquidated a town. As #bitcoin recovers, it will increase, and it was not just that but all are now going for the liquidation of those who continue shorting.
$BTC I have already seen this story Bitcoin at 135k pump drops to 114/113k. ohh run run #bitcoin to 85k pump btc to 125k. we need to liquidate to rise calmly. this is and has been the game
$BTC Current pattern: a bullish pennant in the 4h/daily chart (116kā121k) with RSI 45-49 and flat MACD ā neutral momentum, market "charging energy".
Breakout scenario: Close > 120,700 $ ā probability of a short squeeze towards 124k-127k.
Close < 116k ā quick test to 112k; falling below 110k would be a deeper bearish signal. Investing.com UK Medium
On-chain supports rises: reserves on exchanges at monthly lows and miners continue to hold their positions. CoinCentral
it falls because many still follow 1-minute and 5-minute candles and see the patterns that have been placed in front of you your whole life, they manipulate you and when you sell, they buy lower
Feed-Creator-d00ac8768
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Why are you constantly falling with a volume of $ERA ... I wonder if you will rise
Bitcoin News Today: Bitcoin RSI Hits Rare Lows as Galaxy Digital Moves $500M BTC to Exchanges
Bitcoinās RSI plunged to single-digit levels after Galaxy Digital offloaded $500M in BTC, but bullish divergences suggest a potential rebound with $117K now a key target.Key TakeawaysGalaxy Digital sold $500M worth of Bitcoin to exchanges, sparking over $500M in liquidations in 24 hours.Bitcoinās RSI dropped to a rare 6/100, signaling extreme oversold conditions.Analysts now eye $117,000 as BTCās next upside target amid signs of recovery.Bitcoin RSI Collapses as Market Absorbs Whale SellingBitcoinās Relative Strength Index (RSI) plunged to single-digit levels Friday, as heavy BTC selling from Galaxy Digital rattled markets.BTC briefly fell below $114,600, triggering $500M in long liquidations.The sales stem from 80,000 BTC originally moved on-chain 14 years ago, now being distributed across major exchanges.āThe Bitcoin price has stalled ever since those coins started moving,ā analyst Daan Crypto Trades noted on X, referring to the whale-triggered sell pressure.Bullish Divergences Hint at BTC RecoveryDespite the selloff, early bullish signals are emerging:RSI collapsed to 6/100 on the 15-minute chart ā one of the most oversold readings in Bitcoinās history.RSI is now forming higher lows while BTC price makes lower lows ā a classic bullish divergence.āI have never seen $BTC this oversold. Never. This is beyond oversold,ā trader Crypto Analyst wrote.The hourly chart shows RSI climbing back toward the 30/100 oversold barrier, suggesting momentum for a bounce.Analysts: $117K Is the Level to WatchMarket watchers say BTC may not be in full panic mode yet.Trader Skew commented:āPanic often has volume & considerable volatility which we donāt have currently. Time to watch for sure though.āKey support: $114,500 (where bids are clustered)Immediate resistance: $118,500Next upside target: $117,000, which could confirm a rebound if BTC clears it.CoinGlass data shows buy-side absorption holding steady, indicating that spot demand may help stabilize prices.BTC Market OutlookBTC price: $116,462Short-term range: $114,500 ā $118,500Key signal: RSI recovering from historic lows, suggesting oversold bounce potentialIf Galaxy Digitalās BTC distribution slows and demand absorbs the remaining supply, analysts believe Bitcoin could recover toward $117Kā$120K in the coming sessions, according to Cointelegraph.
surely we woke up with $BTC rising and this time 123 is not a stop
gmelo 25
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$BTC liquidating long to then liquidate shorts and so on dragging $ETH $XRP and others. The same game as always, it looks like an electrocardiogram the graph
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