Bitcoin continued to hover near the $68,000 mark despite improving Fear & Greed sentiment and modestly positive ETF flows; liquidations stand at $$261.4 million over the past 24 hours.
Bitcoin ETFs saw $15.2 million in net inflows on Friday, while Ethereum ETFs reported $10.3 million in net inflows.
Untapped Liquidity Below
Crypto trader Jelle said Bitcoin appears to be finding local demand around its previous all-time highs. Historically, similar setups require several weeks of re-accumulation before a sustained reversal, suggesting patience is warranted.
Crypto Tony identified $67,300 as a near-term downside target, citing significant untapped liquidity resting below current levels. A sweep of that zone could provide the fuel for a stronger rebound.
Trader Tardigrade said …