#bitcoin currently ranging between Sniper support and resistance.

Support = $63,140
Resistance = $68,500.

Whichever breaks first will likely decide the mid-term trend.

Bitcoin funding rates continue to be negative even as price climbs higher. Shorts getting squeezed 👀

#Bitcoin is now red on the 3-Day Predator, highlighting a potential shift in the mid-term trend.

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The #bitcoin 1yr HODL wave continues to drop as long term holders realize some profits. Same pattern as previous cycles.

This time GBTC outflows are also contributing to the move down in the 1yr HODL wave.

Price is back up at $71,000 area. The last time it was here funding was too high and #bitcoin price pulled back accordingly.

This time round funding rates are much lower.

$ETH Liquidity:

Sizeable amount of 3x, 5x, and 10x shorts liquidity between $4,100 - $4,500.

Longs liquidity situated between $2,400 - $3,050.