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$68K BTC$BTC Tension Explodes Soon - Who Will Be Liquidated First? 😁
Bitcoin is stuck around $68K, Bollinger Bands are tightening, and RSI is nearly 34.7 - the market is coiling up. Last week, spot Bitcoin ETFs saw net outflows of $360M, while Ethereum-linked products lost $161M.
Meanwhile, Solana and XRP funds gained $13M and $7.6M, respectively. Overall, investors withdrew roughly $3.7B from digital ETPs over the past four weeks.
Derivatives market positioning points to asymmetric risk. A 10% rise in Bitcoin could trigger about $4.3B in short liquidations, whereas a similar 10% drop could lead to roughly $2.4B in long liquidations.
Volumes remain moderate, and MACD shows only weak bullish momentum - the trigger could be anything: ETFs, large orders, or breaking news.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#