Bitcoin broke below 67,500 this morning, currently trading near 68,000, down nearly 2% in 24 hours.
The key support at 69,000 has been broken, market structure is clearly weakening
Funding rates have turned negative across the board — shorts are now paying longs "overnight fees"
Coinbase premium has been negative for 23 consecutive days, U.S. institutions are withdrawing
It's not about disbelieving in a bull market, it's about this price level — a short cycle has already formed.
$BTC
$ETH
#加密行情震荡