Bitcoin is currently "extremely stretched" on the daily RSI (sitting at 22.03). This usually precedes a violent "Countertrend Squeeze."
Bullish Case: If the $74k support holds through the Wall Street open, expect a relief rally back toward $81,500.
Bearish Case: A failure at $74k opens the door for a slide to the $69,000–$70,000 "historical value zone."
💡 Smart Strategy: While retail is fleeing, "Whales" are quietly accumulating. On-chain data shows the "7 Siblings" wallet group just scooped up 12,000+ ETH at these lows. This is a time for Spot DCA, not high-leverage gambling. The "Leverage Flush" is now 90% complete.
Are you "Buying the Blood" at $74k or waiting for the $70k re-test? Let’s talk below! 👇
#BinanceSquare #cryptocrash #Liquidations #writetoearn #MarketUpdate