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This morning, Bitcoin came close to breaking its all-time high, but most alt coins are still moving slowly, with no sector leading the market. Liquidity seems locked in Bitcoin.
Yesterday, I mentioned two possible market moves. We saw the first one, with Bitcoin just 150 points from a new high before pulling back to 71864, a 2.5% drop. Even strong coins like SOL only dropped 4%, showing there’s still hesitation to sell in the short term.
No contracts have been liquidated yet, and now everyone is waiting to see if Bitcoin will break new highs or if this is the peak. It's best to observe and act cautiously. £SOL £ETH $BTC #BinanceBlockchainWeek #Write2Earn! #BinanceSquareFamily #BTC☀ $BTC $FTM #diwaliboom