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🪐 BTC, ETH slip under $80k, momentum stalls
Bitcoin fell below the $80,000 psychological ceiling, dragging Ether down in its wake and stripping away the last burst of bullish thrust. The breach erased a key support that had been holding market sentiment together.
🕸️ Derivatives show shrinking open interest and funding rates turning negative, classic signs that risk appetite is cooling. Macro pressures—rising yields and stubborn inflation—are sapping liquidity, tightening volatility and nudging traders toward caution. I’m leaning bearish because the pattern now mirrors the late‑Q3 2023 unwind, though a bounce remains possible if a fresh catalyst emerges.
👁️🗨️ The loss of the $80k barrier signals that the bullish narrative is on pause, and any revival will need a clear new driver.
⚠️ Personal analysis only. Not financial advice. DYOR.
#BTC #ETH #CryptoRisk

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