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Technical analysis by paul_endeo about Symbol BTC on 3/7/2025

https://sahmeto.com/message/3365819
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Another wild night in crypto was at the beginning of the week! 🌪️ Bitcoin took a sharp dive to $82,500 following Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The market reacted instantly, triggering over 11B in liquidations within 24 hours.🔻 Key Liquidation Stats:💀 $858M wiped from long positions💀 $150M from shorts💀 BTCUSDT & ETHUSDT led the crash with $372M & $200M liquidatedThe Fear & Greed Index now sits at 15 – extreme fear mode. 🔄 What’s Next?Just two days ago, BTC rallied to $95K after Trump hinted at a strategic digital asset reserve. Now, it’s struggling to hold $83,700. Volatility is off the charts, and traders are bracing for impact. 🚀 or 📉?🔥 Top ATH Breakers:Some altcoins have hit new ATHs despite the chaos:🚀 OMUSDT – $8.99🚀 LEOUSDT – $10.05🚀 FTNUSDT – $4.04🚀 WBTUSDT – $31.28🚀 IPUSDT – $7.31⚡️ Are you buying the dip or staying on the sidelines?

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$89,558.15
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