⚠ ALERT: VITALIK SELLS MORE ETH AS PRICE SLUMPS 5.7%
Vitalik Buterin sold 1,869ETH worth $3.67MILLION over the past 2 days, as Ethereum reacted with a 5.7% decline from $1,988 to $1,875 in the same period. Last time Vitalik sold, #Ethereum dropped -23%. #crypto
📈 Bitcoin Rejected Near $69K - Breakout or Pullback Next?
Momentum slowed again. As $BTC tested the $68.3K–$69.8K resistance zone, sellers stepped in and price paused right where it has struggled before. Now traders are watching closely - is this just a reset before a breakout, or the start of something deeper?
The rejection wasn’t random. On the daily chart, this zone has acted as resistance multiple times. At the same time, the broader structure still leans slightly bullish. A potential “wave two” bottom formed around February 19, suggesting the market could be preparing for a stronger third wave higher - but confirmation is still missing.
Here’s what matters now:
▪ Key resistance: $68.3K–$69.8K remains the breakout level
▪ Immediate support: $66,194–$66,956 must hold to keep structure intact
▪ Deeper support: $64,535–$62,592 if momentum weakens
A small pullback wouldn’t break the bullish setup. But losing the $66K area would shift the tone quickly.
The takeaway is simple: Bitcoin is at a decision point. Hold support and break resistance - and the next leg higher becomes likely. Lose support - and a deeper correction may come first.
BTC $BTC clearly broke through the 66764 level, which I indicated as a significant support level, with a long red bar. This decline is said to be driven by large long liquidation positions and whale activity. If it closes the day at or below this level, it could add a milestone towards 57039, which I consistently expect to see.
That’s 11 red months out of the last 14. This isn’t just noise, it shows how badly sentiment has cooled. When everyone is disappointed like this, that’s usually when long-term opportunities start forming.
The liquidation map shows an explosive imbalance. If $BTC pushes just +20%, over $9.37B in shorts will be forced to close, creating a cascading squeeze effect. That stacked leverage overhead is fuel, not resistance.
On the downside, a -20% move would liquidate around $2.24B in longs. The asymmetry is clear. Bears are significantly more exposed.
When short liquidation leverage dwarfs long liquidation leverage like this, volatility expansion becomes one sided. A breakout could trigger forced buybacks 📈 accelerating momentum beyond spot demand.
Liquidity maps do not predict direction, but they reveal where pressure builds. Right now, the larger pool of trapped liquidity sits above price 🔥
Data from CryptoQuant shows that retail participation has nearly vanished - no accumulation, no FOMO. 30-day retail demand is at levels comparable to the 2022 bear market lows. Transfers from wallets under $10K have also declined - smaller participants are noticeably less active.
Historically, such retail capitulation often happens in late stages of market corrections, but that doesn’t mean a reversal is imminent.
President Trump announced he is completely ignoring the Supreme Court & imposing a new 10% global tariff on all countries in addition to existing $BIO tariffs.