Bitcoin pulled its favorite trick again: pump to $80.5K, let the dreamers FOMO in, then flush them below $79K. The bill? $208M in liquidations across crypto, with longs eating $119M of that shit. Classic fakeout – same story, different week.
▪️ BTC hit $80,537 Sunday evening during a marketwide pump, then faded like a bad hangover.
▪️ Attempt to reclaim $80K stalled near $79,700 – whales said 'nah' and dumped into the bid.
▪️ Price slid to $78,685, now hovering around $78,785, down 1% in 24h. Market cap: $1.58T.
▪️ Bitcoin longs alone lost $35M; total BTC liquidations hit $55M, mostly longs.
▪️ Bitfinex analysts say BTC 'absorbed headwinds' – yeah, right – but it's stuck in $77,200–$82,100 range with a ceiling from Treasury yields and a floor from ETF inflows.
▪️ Same pattern as Friday – longs get rekt, shorts get a taste, but not enough to break out.
📊 Total liquidations:
$208M📊 Longs liquidated:
$119M📊 BTC price:
$78,785📊 BTC market cap:
$1.58TTo the bagholders from $80K+: you got caught in the same old trap. Until BTC snaps above $82K with steady ETF inflows and falling yields, every pump is just an exit for smart money. Next triggers? Inflation reports this week – hot data means another rate hike excuse, more pain. Keep your stops tight, or don't say we didn't warn you.
💬 «Our view on BTC remains constructive, but the conditions for a sustained advance have not yet been met.» — Bitfinex analysts
🔮 Same old game: pump the bag, dump on the dreamers. See you at $77K for the next 'support' bounce – if you still have funds.
@exverse_chat
