$BTC Liquidity was twice as high on the weekend



The demand zone is completely wiped out, except for late longs that entered at 77.5k.

Overall, the picture now looks not critical at all, despite the local correction in the market.

🤑 BTC is currently trading around $78.1k, with Bitcoin's dominance already at about 60.87%. This is a very high indicator. For comparison: during strong altcoin seasons, BTC.D usually starts to fall to around 45–50%, and right now, the money is still mainly in Bitcoin.

ETH is now around $2180, and yes, Ether still looks weaker than the market. It has already corrected almost 15–20% from local highs, but overall, it still maintains its price above key zones. XRP — $1.41,
BNB — about $656,
Litecoin — $56

After the impulse from the zone of $60–62k to nearly $84k, Bitcoin is now simply cooling off. A correction of about 6–8% after such a move is a standard story for crypto. For some reason, many forget that BTC can easily move by 10–15% even within a strong bullish trend.

🫡 The most interesting now is open interest and liquidity. Open interest in Bitcoin is still very high, which means the market is overheated in terms of positions. Usually, in such situations, market makers need to:
— either push it down further
— or keep the price in a sideways range for a long time
to shake out excess emotions from the market.

Meanwhile, BTC continues to grow, which means altcoins are currently suffering. Historically, almost every cycle started the same way:

First, BTC rises
Then, money starts flowing into ETH
And only then does a normal altcoin season begin 🚀

Right now, we are still more in the first stage than the last.

Looking at the bigger picture — the crypto market capitalization is still holding high, ETFs continue to drain liquidity, and expectations of a Fed rate cut only increase interest in risk-on assets.

Locally, we might still see:
— $72–73k
after a strong dump
but for now, Bitcoin is holding above key zones, and the market remains bullish in the long run.

How are your weekends?
Share what you’re trading 👇🤝
BTC-0.47%
ETH-0.39%
XRP0.07%
BNB-0.96%
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NewName
· 1h ago
Thank you for information!
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