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Satoshi Tweeted
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β Keeping a close eye on crypto news so you don't miss the next 2009 β Read by the Winklevoss twins and Musk, allegedly β 4E 6F 77 20 79 6F 75 20 6B 6E 6F 77 Any questions: @net_admin_global
Show moreπ Analytical overview of Telegram channel Satoshi Tweeted
Channel Satoshi Tweeted (@satoshi_e) in the English language segment is an active participant. Currently, the community unites 93 280 subscribers, ranking 1 370 in the Cryptocurrencies category and 513 in the International region.
π Audience metrics and dynamics
Since its creation on Π½Π΅Π²ΡΠ΄ΠΎΠΌΠΎ, the project has demonstrated rapid growth, gathering an audience of 93 280 subscribers.
According to the latest data from 22 June, 2026, the channel demonstrates stable activity. Although there has been a change in the number of participants by -1 625 over the last 30 days and by -45 over the last 24 hours, overall reach remains high.
- Verification status: Not verified
- Engagement rate (ER): The average audience engagement rate is 6.27%. Within the first 24 hours after publication, content typically collects 7.92% reactions from the total number of subscribers.
- Post reach: On average, each post receives 5 849 views. Within the first day, a publication typically gains 7 387 views.
- Reactions and interaction: The audience actively supports content: the average number of reactions per post is 131.
- Thematic interests: Content is focused on key topics such as u.s, cycle, liquidity, etfs, analyst.
π Description and content policy
The author describes the resource as a platform for expressing subjective opinions:
ββ Keeping a close eye on crypto news so you don't miss the next 2009
β Read by the Winklevoss twins and Musk, allegedly
β 4E 6F 77 20 79 6F 75 20 6B 6E 6F 77
Any questions: @net_admin_globalβ
Thanks to the high frequency of updates (latest data received on 23 June, 2026), the channel maintains relevance and a high level of publication reach. Analytics show that the audience actively interacts with content, making it an important point of influence in the Cryptocurrencies category.
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Channel Posts
+1
π Bitcoin funding rate hits 2-week high: Is a rally to $70K back on the table?
BTC flirted with the $65,500 level on Monday, backed by encouraging geopolitical commentary from Washington. The derivatives market printed a notable spike in bullish sentiment, driving the perpetual funding rate to a three-week high. However, persistent spot ETF bleeding and flashing macro red flags suggest that a near-term breakout might face a heavy overhead supply.
π Whatβs Happening
β Bitcoin pushed toward $65.5K following statements from US Vice President JD Vance, who confirmed that the strategic Strait of Hormuz remains fully open amid βencouraging progressβ during diplomatic talks with the Iranian delegation in Switzerland. β Leverage Expansion: The annualized perpetual futures funding rate jumped to 7% on Monday, marking its highest reading in nearly three weeks. While still technically within neutral boundaries, it reflects growing confidence among buyers. Optimism was further amplified by Brent crude oil collapsing to $77.50βits lowest since March. β Order-Book Reversal: Spot buy orders (bids) on major exchange books exceeded sell offers by $12 million on Monday, completely flipping the bearish weekend layout. Consequently, the temporary failure to hold above $65,000 shouldn't be interpreted as immediate structural weakness.β οΈ Underlying Headwinds: The AI Cash Crunch and Cash Preferences
β Bearish Options Dominance: Despite the local price bounce, demand for downside protection via put options outpaced call buying by more than two times on Monday. Institutional desks have aggressively leaned into defensive, bearish hedging strategies since Friday. β Big Tech Wobbles: The Nasdaq 100 posted a 1% decline as artificial intelligence infrastructure plays showed signs of exhaustion. SpaceX shares plunged 13% following announcements of new debt issuance despite its $100B cash pile, raising fears of extended unprofitable capital burn across tech. Strategy (MSTR) valuation briefly slipped 13% below the cost basis of its 847,363 BTC holdings, though panic eased after the company secured an additional $300 billion cash position. β De-risking into Cash: Simultaneous bleeding across stocks, gold (-0.9%), and US Treasuries (rising yields) indicates a major global asset rotation straight into cash. This broader liquidity squeeze directly impacts crypto, with US-listed spot Bitcoin ETFs logging their sixth consecutive week of distribution with an additional $228 million in net outflows, according to CoinGlass.π Conclusion The leverage market is flashing green, and cooling energy costs alongside an Iran truce expansion provide a healthy local buffer. However, the overarching macro environment remains highly restrictive. Institutional capital is steadily exiting spot ETFs, and global desks are aggressively hoarding cash over hard assets. Without a structural return of net-positive dollar inflows, the odds of an imminent Bitcoin breakout to $70,000 look strictly capped, leaving price action bound to choppy, near-term consolidation. Satoshi Tweetedπ
| 2 |  π Bitcoin pushes for $64K: Traders call the recent bounce 'suspicious' and eye a $66K ceiling
BTC attempted to reclaim the crucial $64,000 level over the weekend, seemingly brushing off a sudden return of geopolitical chaos. However, crypto analysts are sounding alarms, calling the recent price action highly unnatural as heavy spot selling pressure on major exchanges continues to block any sustainable upside.
π Whatβs Happening
β Bitcoin hit a local high of $64,522 on Bitstamp before slightly retracing. The digital asset managed to preserve most of its weekly gains despite a massive wave of instability hitting global supply chains.
β Geopolitical Geofence Ignored: The newly brokered US-Iran peace deal is already in jeopardy after Tehran closed down the strategic Strait of Hormuz oil route yet again. The standoff was triggered by Israeli strikes in Lebanon, prompting Donald Trump to post a fierce warning on Truth Social, threatening Iran with "harder" strikes if their regional proxies do not cease attacks immediately.
β The "Suspicious" Pump: Prominent trader Lennaert Snyder noted on X that BTC pumping alongside rising geopolitical tensions is "very suspicious." Nevertheless, he sees maximum upside reaching up to $66,000 on a final short-squeeze before the current uptick exhausts itself.
β οΈ Major Caveats: Perps vs. Spot and The Monday Pivot
β Driven by Derivatives: Order-book analysis from Exitpump reveals a worrying disconnect. While the price is slowly grinding higher, Binance spot sellers continue to aggressively dump inventory into the move. The entire push is currently being manufactured by perpetual futures markets, which historically lacks durability without spot verification.
β The Six-Week Monday Curse: Trader Killa warned his followers that historical patterns favor the week's high coming sooner rather than later. Over the past six weeks, 6 out of 6 Mondays have marked a local pivot high before the price initiated a heavy downward slide.
π Conclusion
The latest reclaim of $64,000 looks like an artificial leverage-driven expansion designed to trap late-stage buyers. The complete absence of aggressive spot accumulation on Binance, combined with a flawless six-week streak of "Monday pivot highs," strongly suggests that the local top is right around the corner. While a final marginal flush could temporarily wick toward $66,000, the macro backdrop implies that this bounce is running on fumes and remains highly vulnerable to a sharp midweek reversal.
Satoshi Tweetedπ | 843 |
| 3 |  π Bitcoin to $145K by October? Why this 'crazy accurate' 4chan prediction is an outright fake
A viral social media post is reviving an alleged 4chan Bitcoin prediction that appears to have magically nailed past BTC price cycles from 2019 through 2024. The final remaining target on the list is an explosive $145,000 by October 2026. However, under closer inspection, the legend of a trader who "never misses" completely falls apart.
π Whatβs Happening
β A popular crypto account named Corleone shared a screenshot of an anonymous 4chan-style post dated Dec. 20, 2018. The list accurately outlines several macro levels, such as the $16,000 bear-market floor in November 2022 and the $67,000 peaks of 2021. At first glance, the track record looks unusually correct.
β Provenance is non-existent: The screenshot fails to show any verifiable archive link, tripcode, or cryptographic identity marker. Because 4chan posts are completely anonymous by design, there is no reliable way to prove that these predictions weren't manufactured after the events occurred.
β Obvious Target Editing: Back in July 2024, a Binance Square post circulated with the exact same "we hold 90% of supply" wording, but it listed the September 2024 target at $105,400. In the newly viral screenshot, that target was altered to $74,000 to perfectly match reality, and the $145,000 call for October 2026 was slapped on. This is a massive red flag pointing to digital manipulation.
β οΈ The Mathematical Breakdowns: Market Cap & Supply Logic
β Broken Calculations: The anonymous author claims that the $145,000 target would produce a $5.7 trillion Bitcoin market cap with a market dominance of 40%β47%. This is mathematically impossible. Multiplying $145,000 by the current circulating supply (~20 million BTC) yields a market cap of roughly $2.9 trillion. Even pushing it to the absolute hard cap of 21 million BTC only gets you to $3.05 trillion.
β The 90% Ownership Lie: The post boldly claims: "We hold around 90% of total supply now," implying control over roughly 18 million BTC. According to on-chain data from Bitinfocharts, the top 100 richest Bitcoin addresses control a mere 15.27% of the supply, while the top 10,000 addresses hold about 53.89%. Holding 90% in one closed group is a structural impossibility.
π Conclusion
The viral 4chan prophecy calling for $145,000 BTC is nothing more than an edited, recycled crypto meme tailored for engagements. The anonymous poster regularly retcons previous misses to match actual market data and clearly struggles with basic market cap calculations. Treating this screenshot as a legitimate analytical signal is highly recklessβit is a textbook case of retail sentiment manipulation.
Satoshi Tweetedπ | 9 637 |
| 4 |  π Bitcoin market cap rebound to top 5 global assets could take 5-10 years
The bear market continues to heavily punish the crypto space, causing Bitcoin to drop ten places in the global asset market cap rankings over the past year. Even though technical analysis estimates the current bear cycle is nearly 70% complete, a full rebound to its prime macro positioning could take up to a decade.
π Whatβs Happening
β Bitcoin currently sits in 15th place among the world's largest macro assets, with a market cap of $1.287 trillion. This is roughly 25% below its position from last year and a staggering 50% drop from its all-time high in October last year.
β For reference: in April 2025, BTC peaked at 5th place globally with a market cap of $1.86T, temporarily surpassing Alphabet (Google), Silver, and Amazon.
β Analyst ColinTalksCrypto points out that this drop is just the nature of a highly volatile asset that ultimately outpaces traditional markets in the long run. He expects BTC to reclaim its top 5 status within the next 5 to 10 years (by 2036).
β οΈ Technical Setup: The Floor Becomes the Ceiling
β Bear Market Progress: On-chain models suggest that the current crypto winter is roughly 70% complete, meaning the market might have already absorbed the heaviest structural damage.
β Key Resistance Flip: Analyst Rekt Capital highlighted a major technical hurdle in his latest analysis. The strong February bottom zone around $74,500, which served as a solid macro floor for months, has officially flipped into a strict price ceiling for June.
π Conclusion
Bitcoin is undergoing a prolonged macro distribution phase, losing ground to traditional finance giants. The key February support at $74,500 has successfully flipped into heavy resistance, capping any aggressive summer upside. Reversing a high-timeframe trend of this magnitude requires patient accumulation and significant global liquidity shifts. Expect BTC to defend its territory within the top 15 before building a sustainable launchpad back to the world's top 5 assets.
Satoshi Tweetedπ | 14 714 |
| 5 |  +1π Bitcoin under threat: Japanβs historic rate hike risks a fresh dump toward $60K
BTC risks wiping out its recent US-Iran truce gains and sliding back to psychological support. In a major blow to global liquidity, the Bank of Japan raised interest rates to 1.0%βtheir highest level since 1995. Historical data reveals a grim pattern: tightening cycles from Tokyo almost always trigger heavy bleeding across risk assets.
π Whatβs Happening
β Bitcoin cooled off by roughly 2.5% from its local high of $67,250, currently hovering near $66,500 while trying to preserve its June gains.
β The BoJ raised its short-term policy rate by 25 basis points to 1.0% to tackle sticky inflation driven by energy shocks. The historic meeting was chaired by Deputy Governor Ryozo Himino due to Governor Kazuo Ueda's sudden hospitalization.
β Traditional markets reacted differently: Japan's Nikkei 225 briefly crossed the 70,000 mark for the first time ever on diminished economic risks, but the crypto space is bracing for a severe liquidity drain.
β οΈ The Yen Carry Trade Collapse & Post-Hike Statistics
β Unwinding Cheap Money: For decades, Japan was the world's ultimate source of cheap capital. Investors borrowed yen at near-zero costs to fund higher-yielding assets globally, including crypto (the carry trade). As Japanese rates spike, this trade rapidly unwinds, forcing macro funds to de-risk and cut Bitcoin positions.
β The 30-Day Warning: Historically, Bitcoin averages a 5.74% decline in the month following a BoJ hike. BTC lost 5.59% in March 2024, 10.89% in July 2024, and 14.77% in January 2025.
β Downside Targets: Applying the historical average points BTC directly toward $62,700. A repeat of the aggressive July 2024 correction implies a drop to $59,200, while a January 2025-style drawdown opens the door to $56,700. Broader post-BoJ drawdowns tracked by Bitwise show total cycle declines between 26% and 38%.
π Conclusion
The Bank of Japan hiking interest rates to a 31-year high introduces a massive headwind for global financial systems. Stripped of the accommodative yen carry trade liquidity, Bitcoin's defense of the $59,000β$62,000 demand zone will be heavily tested. The ultimate saving grace for bulls now lies with the US Federal Reserve's rate decision later todayβif new chair Kevin Warsh delivers a dovish tone, it could neutralize Tokyo's tightening. If not, a retest below $60K is back on the table.
Satoshi Tweetedπ | 7 637 |
| 6 |  +3π Bitcoin-stocks divergence returns: BTC dips to $66K as oil drops under $78
The relief rally has hit a roadblock as Bitcoin revives its divergence from traditional risk assets. While Wall Street stocks lock in fresh gains on the back of US-Iran peace momentum and oil prices tumble to three-month lows, the cryptocurrency has cooled its rebound, dropping back to the $66,000 level.
π Whatβs Happening
β Bitcoin edged lower following Tuesdayβs Wall Street opening bell, coming off its highest levels in nearly two weeks as aggressive buying pressure began to stall.
β Traditional finance is capitalizing heavily on geopolitical developments. The S&P 500 added over 1.5% on the day, directly supported by a steep pullback in US WTI crude oil (now trading under $78) and longer-dated bond yields.
β Crypto traders remain highly cautious, avoiding big upside bets. The consensus among prominent market analysts places the immediate ceiling for the current push higher around the $70,000 mark.
β οΈ Summer Sideways & The "Market Psyop"
β Trading Range Consolidation: Analyst Daan Crypto Trades points out that BTC has merely moved back into its higher macro range. With the summer season right around the corner, bringing lower liquidity and muted volatility, price action could easily hang around this area for a few more weeks.
β Caught in the Trap: Despite bears arguing that the correction isn't over, trader Killa points out that market makers and order-book liquidity algorithms have simply pulled off a "classic market psyop," luring traders into betting on deeper lows that might never materialize.
π Conclusion
Bitcoin is once again displaying its signature decoupling, refusing to blindly follow the S&P 500's green streak. Oil collapsing under $78 is a phenomenal macro tailwind that signals cooling inflation, but the digital asset space needs time to re-absorb sidelined capital. While the hourly timeframes look healthy enough to complete the bounce toward $70,000, a lack of aggressive spot buying could re-introduce a choppy, sideways summer trend within the established macro boundaries.
Satoshi Tweetedπ | 6 951 |
| 7 |  π Bitcoin nears $66K as Trump announces historic US-Iran peace deal
A powerful wave of risk-on sentiment has swept through global markets. Bitcoin surged to a 12-day high, falling just shy of the $66,000 mark after US President Donald Trump claimed a completed peace deal with Iran. The landmark agreement guarantees the full reopening of the strategic Strait of Hormuz and the lifting of the US naval blockade.
π Whatβs Happening
β Bitcoin rallied to $65,881 on Coinbase during Monday morning trading, marking its highest price since June 3 and confirming a solid recovery from its brief slip below $60K on June 6.
β The broader crypto market cap gained 2% on the day. High-performing altcoins like Hyperliquid (HYPE), Zcash (ZEC), and Near Protocol (NEAR) spearheaded the relief rally with double-digit percentage gains.
β Commodity Market Crash: WTI Crude tumbled 5% to just above $80 per barrel (its lowest since early March), while Brent Crude mirrored the decline, dropping 4.6% to $83.30. The sharp drop in energy costs heavily cools global inflation fears.
β οΈ Deal Implementation & Upcoming Fed Decision
β Trump's Proclamation: βThe deal with the Islamic Republic of Iran is now complete... I hereby fully authorize the toll-free opening of the Strait of Hormuz, and authorize the immediate removal of the United States Naval blockade,β Trump posted on Truth Social, adding: "Let the oil flow!"
β Verification status: Iranβs Supreme National Security Council confirmed the war "will end immediately and permanently." While the macro risk premium is fading fast, Bitrue Research notes that the official signing via Pakistan's mediation isn't scheduled until Friday, leaving minor "last-minute signing risks."
β The Fed Factor: Massive volatility is anticipated on Wednesday as the Federal Reserve makes its interest rate decisionβthe first under new chair Kevin Warsh. While the CME FedWatch tool points to a 96.6% probability of rates staying unchanged at 3.5%β3.75%, inflation sticky above 4% keeps traders on guard.
π Conclusion
Trump's peace announcement has effectively stripped the heavy geopolitical risk premium that has weighed down risk assets since February. Plummeting oil prices provide a much-needed disinflationary tailwind, giving the Federal Reserve more breathing room. BTC has successfully reclaimed the $65K pivot point. If the treaty is officially signed on Friday and Kevin Warsh maintains a dovish stance on Wednesday, Bitcoin will have the ultimate green light to extend this reversal back into macro bull territory.
Satoshi Tweetedπ | 11 226 |
| 8 |  +1π Bitcoin tests $60K line: Big Tech meltdown and oil volatility rattle crypto markets
BTC is failing to act as a safe-haven hedge and is currently at risk of breaking below its crucial $60,000 support level. Driven by massive outflows from spot ETFs and intense pressure on tech stocks, the cryptocurrency is heavily tracking traditional markets into a deeper macro correction.
π Whatβs Happening
β The Nasdaq 100 Index plunged 7.5% in a week, wiping out $2.7 trillion in market valueβmore than twice the entire market cap of Bitcoin.
β Institutional demand has evaporated, with spot Bitcoin ETFs recording a staggering $1.9 billion in net outflows so far in June.
β The derivatives market signals extreme exhaustion. Bitcoin futures contracts fell below a 4% neutral premium relative to spot, showing that traders have completely abandoned bullish leverage.
β οΈ Macro Shockwaves & The Tech Cash Crunch
β Crude Oil at $90+ & Inflation: The ongoing conflict involving Iran has pushed Brent crude above $90, heating up energy costs. The US PPI jumped 6.5%, marking its highest level since 2022. Consequently, the CME FedWatch Tool shows odds for a Fed interest rate hike by September spiking from 5% to 40%.
β Capital Absorption by AI Giants: AI infrastructure firms are desperately vacuuming up liquidity to fund build-outs. Google is looking to raise $80B, Oracle $40B, and Super Micro $7B. Meanwhile, the upcoming $75B SpaceX IPO is oversubscribed by more than 2x, with its Friday trading debut expected to dictate near-term market sentiment.
β Strategy Stalls: Strategy (MSTR) has officially paused its Bitcoin accumulation to focus on reducing convertible debt. Its cash runway has declined to seven months of dividend coverage, while its preferred STRC shares remain well below $100, halting further equity financing for BTC.
π Conclusion
Bitcoin is caught in a brutal macro vice. Rising producer inflation driven by oil is forcing the market to price in a stricter Federal Reserve, while traditional tech giants and the historic SpaceX IPO are draining the broader financial system of available dollar liquidity. With Strategy safely sitting on the sidelines and ETFs dumping $1.9 billion, the defense of the $60,000 mark is incredibly fragile. If this key support line fails, the market must prepare for an extended downside correction.
Satoshi Tweetedπ | 4 892 |
| 9 |  +1π Bitcoin risks sliding toward $30K as institutions dump 450% of daily mined supply
BTC is facing severe breakdown risks as institutional support undergoes a drastic shift. Large scale players and Wall Street funds are currently offloading nearly 4.5 times more Bitcoin than miners produce daily. With Strategyβs buying engine noticeably losing its steam, the market is struggling to absorb the massive distribution.
π Whatβs Happening
β Capriole Investmentsβ institutional buying model tracks net institutional selling at roughly 2,000 BTC per day. This equates to about 450% of the daily mined supply being dumped into the market.
β Spot Bitcoin ETFs have turned into the biggest headwind. Glassnode data highlights a staggering $27 billion in capital withdrawals over the past month, flipping the massive inflows of 2024β2025 completely on their head.
β Michael Saylorβs Strategy is slowing down. After anchoring the market in Q1 by scooping up 89,599 BTC and adding 24,869 BTC in mid-May, early June saw a modest purchase of just 1,550 BTC (which followed a minor 32 BTC technical sale for dividend obligations). Their current pace is no longer enough to cushion the ETF bleeding.
β οΈ Technical Breakdown: Mapping the Floor
β Initial Targets at $49Kβ$53K: According to analyst CryptoBullet, if the current leg down mimics previous cycle corrections of 36%β39%, the immediate downside target stands in the $49,000β$53,000 range, which should offer temporary relief.
β The Historical Fibonacci Warning: On a macro scale, analyst Jelle points out that every major BTC bear market eventually slices way below its 0.618 Fibonacci retracement level (currently sitting around $57Kβ$58K). In 2022, BTC plunged 44% beneath the 0.618 line. A repeat of that exact shallower 2022 cycle implies a potential ultimate bottom near $32,000, while harsher 2015 or 2018-style drawdowns would point as low as $20Kβ$24K.
π Conclusion
Bitcoin is dealing with a severe demand shock from the very group that drove its previous bull run. A massive $27 billion exodus from ETFs has created an overwhelming supply overhang that corporate treasuries can no longer absorb by themselves. If spot demand fails to step in soon, breaking below the $57K support line could trigger a broader macro correction toward $49,000, leaving the psychological $30Kβ$32K zone wide open for a final cyclical retest.
Satoshi Tweetedπ | 2 935 |
| 10 |  π Bitwise: Bitcoin acts as a βcanary in the coal mineβ as global risk-off spreads
BTCβs recent price weakness is less about crypto-specific issues and more about its position at the front of the risk curve. Asset management firm Bitwise notes that Bitcoin serves as a βcanary in the macro coal mine,β pricing in shifts in liquidity and financial stress long before traditional assets. With equities now showing serious cracks, Bitcoinβs front-run adjustment is being validated.
π Whatβs Happening
β Bitcoin is trading near the lower end of its recent range at around $62,000, attempts to build a base after retracing significantly from its cycle highs.
β Rising "higher-for-longer" interest rate expectations have triggered a broader risk-off move. The Nasdaq recorded its sharpest daily decline in months (down 5%), while South Koreaβs KOSPI index faced a temporary trading halt following a massive tech-led sell-off.
β Tight liquidity conditions keep the US 10-year Treasury yields hovering near 4.53% (down slightly from its 4.68% peak), continuing to apply immense pressure on growth-sensitive assets.
β οΈ The M2 Divergence & $72B in "Dry Powder"
β The Liquidity Disconnect: Global M2 liquidity has continuously climbed to roughly $122.6 trillion over the past year. Yet, BTC has retraced sharply. This suggests Bitcoin is already further along in its market cycle adjustment compared to traditional equities, potentially bottoming out early.
β On-Chain Accumulation Signal: The Stablecoin Supply Ratio (SSR) RSI has plunged into deep oversold territory, hitting a reading of 13. Historically, whenever this metric drops this low, it marks major macro accumulation zones followed by massive relief rallies.
β Sideline Capital: Major stablecoin reserves sitting on exchanges remain highly elevated at $72 billion (led by $57.7B in USDT and $12B in USDC). Buyers have piled up unprecedented purchasing power, waiting for the right moment to deploy.
π Conclusion
Bitcoin has taken the first and hardest macro hit, serving as the ultimate warning signal for global markets. However, while traditional equities are just beginning their painful repricing process, crypto appears to be closer to the end of its correction. With a $72 billion wall of stablecoin liquidity sitting directly on exchange order books, the eventual return of macro relief could trigger an incredibly explosive recovery for BTC.
Satoshi Tweetedπ | 7 310 |
| 11 |  +1π Bitcoin rebounds toward $64K: Weak futures and $162M bid liquidity signal downside risks
BTC staged a solid recovery toward $64,000 on Monday, underscoring investors' belief that current price levels offer a solid discount. However, lagging activity in the futures market and a massive block of buy orders resting below $60K suggest the rebound could lose its momentum shortly.
π Whatβs Happening
β Bitcoin recovered from its recent dip to $59,000, currently trading around $63,300. Aggressive selling pressure in the spot market has noticeably slowed down, with the spot CVD improving by 11,000 BTC since Friday.
β The rebound follows a major leverage reset. Aggregated open interest (OI) plunged from 282,000 BTC to 255,000 BTC during the sell-off. While funding rates flipped slightly positive (0.0013), leverage remains muted.
β According to Alphractal, the market has officially exited the "extreme leverage" phase. Analysts point out that the bounce was primarily fueled by short covering rather than aggressive new spot buyers stepping in.
β οΈ Market Traps: $162M Bid Wall & The Wednesday Pivot
β The Magnet Below $60K: Dip buyers have placed roughly 2,565 BTC in limit buy orders between $57,000 and $59,000. This thick liquidity cluster, worth $162 million, sits waiting to absorb selling pressure on Binance and other major order booksβoften acting as a price magnet.
β The Monday/Wednesday Rule: Traders are closely watching a prominent six-week pattern. Lately, a Monday pivot high has consistently led to a midweek low and relief rally, while a Monday low leads to a Wednesday high. With Monday pushing resistance, focus shifts to a potential midweek drop.
π Conclusion
The leverage wipeout has provided some much-needed breathing room for the bulls, but a full macro trend reversal remains unconfirmed. Genuine spot demand is still soft, and the strongest visible liquidity wall sits lower, within the $57Kβ$59K range. Given the ongoing six-for-six "Wednesday pivot" streak, the current test of $64K might just be a relief bounce before one final flush to test the major bids below $60K.
Satoshi Tweetedπ | 7 845 |
| 12 |  π Bitcoin sheds 21% on Strategy debt buyback: Is a Terra Luna-style doom loop next?
BTC has faced a brutal 21% correction over the past 10 days, retesting the $61,000 level for the first time in 4 months. The sell-off was fueled by a sudden shift from Strategy (MSTR), which temporarily paused its relentless Bitcoin accumulation to buy back corporate debt, sparking fears of a potential liquidation ghost hanging over the market.
π Whatβs Happening
β Bitcoin collapsed toward $61,000 following a May 15 announcement: Strategy used $1.38 billion of cash raised from recent equity issuances to buy back its convertible debt instead of adding to its corporate treasury.
β The slowdown is tied to their Stretch preferred stock (STRC), which slid below the pivotal $100 mark. This decline effectively shuts off Strategy's ability to easily issue new shares to fund massive BTC purchases.
β Since March, Strategy had been the ultimate whale, scooping up 126,016 BTC for $9.31 billion. Now, their cash runway has shrunk to $900 millionβjust enough to cover preferred dividends for 6 months.
β οΈ Deciphering the "Doom Loop" Fears
β Market Anxiety: Traders are sounding alarms over a potential "doom loop" reminiscent of the Terra Luna collapse, fearing that tighter liquidity could force Strategy to dump BTC, causing a cascading market crash.
β The Actual Leverage: Financial data suggests the panic is heavily overblown. Strategyβs net leverage sits at a very conservative 11%. The coverage provided by their massive Bitcoin reserves remains rock-solid, even if BTC drops to $30,000.
β No Liquidation Triggers: There are no contractual floors or margin call triggers in Strategyβs debt agreements that would force a Bitcoin fire sale. If pushed into a corner, the company can simply dilute current MSTR holders or defer STRC dividend payments.
π Conclusion
A Terra Luna-style systemic meltdown is completely off the table, as Strategy is in no imminent danger of forced asset liquidations. However, the short-term sentiment has turned heavily bearish. As long as STRC trades below $100 and spot ETFs remain net sellers, the odds of Bitcoin staging a rally back above $70,000 are slim. With the market's biggest buyer sitting on its hands, BTC will likely need to undergo an extended bottoming process.
Satoshi Tweetedπ | 10 561 |
| 13 |  π Bitcoin holds near two-month lows as traders warn of 2022 bear market repeat
BTC is hovering near two-month lows following a massive liquidation flush, prompting analysts to bring back grim comparisons to the 2022 bear market. A crucial multi-year support trendline, which has successfully defended the price throughout 2026, is now at risk of failing.
π Whatβs Happening
β Bitcoinβs volatility cooled down after a brief trip to $65,362, a level last seen in early April. Despite the temporary pause, warnings flood the market that the worst of the macro downside might still be ahead.
β The spotlight is fixed on the 50-month exponential moving average (EMA) at $66,628. While this trend line functioned perfectly as support in March and April, its strength is now being questioned.
β Analyst Rekt Capital warns that if history repeats, BTC is likely to see a brief relief bounce to form a lower high before returning to the 50-month EMA, which would ultimately fail as support, triggering a deeper bear cycle.
β οΈ Critical Levels & The Silver Lining
β The $60,000 Line in the Sand: Traders point out that the 2026 market structure is copying its predecessor "almost perfectly." If $60,000 holds, the current drop is just a massive liquidity flush before a recovery. If it fails, there is virtually no solid macro support underneath.
β A 700%+ Historical Precedent: On the bullish side, analytics account Paradox noted that even if the 50-month EMA is lost, its eventual reclaim offers generational opportunities. In 2022, BTC lost this line but reclaimed it 5 months later, delivering a massive 715% return over the next 2 years.
π Conclusion
Bitcoin is trading on the edge of a major high-timeframe decision. The market is bracing for weeks of choppy consolidation between $63,000 and $65,000. While the 2022 bear market ghost is haunting the charts, the macro structure isn't officially broken yet. The ultimate test for the bulls will be defending the psychological $60K pivot point.
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| 14 |  π Bitcoin falls below $66K as US and Iran launch new strikes sparking $1.8B in liquidations
BTC suffered its largest daily drop since early February, shedding more than $4,500 in a single day and breaking key support to hit a nine-week low. The heavy sell-off was triggered by escalating geopolitical tensions as the US and Iran launched fresh military strikes amid stalled ceasefire negotiations.
π Whatβs Happening
β Bitcoin plunged by over 7% on the day, hitting a local bottom of $65,385 on Coinbase, its lowest level since late March.
β The crash triggered a massive liquidation event: over the past 24 hours, around 277,000 traders were wiped out, with total liquidations nearing $1.83 billion. More than 90% of those wiped out were long positions, primarily in BTC and ETH.
β An exodus of $150 billion in crypto market capitalization was accompanied by heavy outflows from spot Bitcoin ETFs.
β οΈ Geopolitical Backdrop & Expert View
β Escalating Warfare: US Central Command (CENTCOM) confirmed conducting self-defense strikes on Qeshm Island after intercepting multiple Iranian ballistic missiles and drones aimed at regional neighbors, including Kuwait and Bahrain.
β Mixed Signals on Talks: Despite Iranian media reporting a complete halt to diplomatic conversations with the US, Donald Trump claimed on Truth Social that bilateral talks are continuing "continuously" every day.
β Analyst Take: Bitrue Research Institute notes that while the Iran news amplified fear, the magnitude of the drop is heavily driven by leveraged liquidations and technical breakdowns. Strong macro support is currently anticipated between $64,000 and $65,000.
π Conclusion
The crypto market has undergone a brutal cleansing of over-leveraged longs, wiping out billions in open interest. BTC is now trying to stabilize around the $65K mark. Any concrete signs of geopolitical de-escalation could easily spark a sharp, aggressive relief rally, but until the dust settles, expect choppy consolidation within the new lower range.
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| 15 |  +1π Bitcoin drops under $70K as crypto markets liquidate $800M
BTC has hit fresh two-month lows, tumbling below the psychological $70,000 mark. While US stock markets continue to post record-breaking highs, the crypto space has been hit by a massive wave of selling, widening the divergence between traditional and digital risk assets.
π Whatβs Happening
β Bitcoinβs price accelerated downwards, hitting a local bottom at $69,631. Sellers remain in complete control of the price action.
β The crash triggered a massive liquidation cascade, wiping out nearly $800 million in crypto long positions over the past 24 hours, according to CoinGlass data.
β Traders note that losing the key $72,500 support level was pivotal. BTC has now broken below its downward channel and is heading toward the next major liquidity pivot around $68.7K.
β οΈ Major Risks & Macro Headwinds
β The 200-Day Moving Average Test: Material Indicators warns that the ultimate test for the bulls lies in the $68Kβ$69K range. Losing this critical zone could mean packing bags for "Bearadise" (a prolonged bearish trend).
β Disconnection from Stocks: The S&P 500 crossed 7,600 points for the first time, posting historic gains. Crypto, however, is heavily weighed down by geopolitical uncertainty. Even though Donald Trump stated that US-Iran ceasefire talks are continuing "at a rapid pace," digital asset investors remain unconvinced.
π Conclusion
Bitcoin has completely lost its bullish momentum, slicing through multiple support levels in a single day. All eyes are now on the $68,000β$69,000 range. If the bulls fail to build a consolidation base here and defend the 200-day moving average, the market may face a much deeper and painful trend reversal.
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| 16 |  +1π Bitcoin closes May in the red: $73K to define the next trend
BTC ended May down around 3%, failing to catch a tailwind from US stock markets that hit fresh all-time highs. Currently, price action remains wedged below 2025 yearly lows, with a crucial week of macro data just ahead.
π Whatβs Happening
β Bitcoin is hovering around ~$73,500, battling for key high-timeframe levels on the weekly and monthly charts.
β Analysts point out a successful retest of the $73,000 zone. If the weekly candle closes above this mark, it will bring BTC one step closer to confirming a bullish Double Bottom (W-shape) breakout and resuming the uptrend.
β On the flip side, broad consolidation is forming on the charts: the weekly 200 MA & EMA are moving up and closing in on price, suggesting the market might trade within a wide $60Kβ$80K macro range for quite a while.
β οΈ Key Catalysts This Week
β US Macro Data: The upcoming week is all about the labor market and economic indices. The main spotlight is on the ISM Manufacturing PMI print. If the data signals an economic slowdown, it could give BTC the relief rally it needs.
β Geopolitical Factor: Donald Trump's comments stating he is "in no hurry" to finalize a US-Iran ceasefire deal are currently capping any extra liquidity flows into risk assets.
π Conclusion
The 3% downside in May hasn't broken the bullish structure but has definitely forced the market onto the defensive. The $73,000 level is now the ultimate line in the sand for the bulls. If US macro data comes in weak this week and spot demand returns, BTC could quickly bounce off support. Otherwise, expect an extended choppy sideways trend within the macro range.
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| 17 |  π Bitcoin stuck below $74K: $9B options expiry favors bears
BTC dropped to $72.5K for the first time in six weeks, wiped out around $342M in bullish leverage and bounced back to ~$73.5K. But the relief is weak: almost $9B in options expire Friday, and the setup currently looks like a gift for bears.
π What it means:
β If BTC stays below $74K, only about $306M in call options remain profitable.
β Put options at $74K and above sit around $1.05B, so sellers have a clear reason to keep price under that zone.
β Even a move back to $74K does not make the setup bullish: defensive/bearish bets still hold the edge.
β The market gives BTC only ~18% odds of trading above $80K by June 26.
β οΈ Context:
β Spot Bitcoin ETFs saw about $1.07B in outflows over two days.
β Sequans decided to fully sell its BTC treasury.
β Some miners and public companies are also cutting Bitcoin exposure.
β BTC still canβt reclaim $74K, so $70K talk is getting louder again.
Bottom line: bulls havenβt lost the market yet, but $74K is now the checkpoint. Reclaim it β they get another shot. Fail β bears can keep dragging price toward $70K.
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| 18 |  π Bitcoin buyers are defending support, but ETFs are spoiling the picture
BTC slipped back toward the $73Kβ$75K area, and the big level everyone is watching now is $70K. Futures data shows many traders are opening upside bets and trying to defend the lower part of the range.
π Whatβs happening
Open interest is still fairly stable, and funding is mostly neutral to positive. In plain English: part of the market is still betting on a bounce, not a breakdown.
Retail is buying the dip too. Hyblock says retail long exposure is near 62%. Historically, BTC often moved higher a week after similar setups, but thereβs a catch: when too many people lean one way, the market likes to punish them.
β οΈ Why itβs not that clean
ETFs are dragging the picture down again. Spot Bitcoin ETFs saw more than $200M in outflows in one day, and more than $1.5B over the last 7 days. Coinbase premium is also negative, which means direct US spot demand is weak.
Bitfinex is cautious too: the market is waiting for the May 29 PCE inflation report, and traders donβt want to take too much risk before it. Yes, BTC is still holding its short-term bounce from $72K, but strong continuation is not really there yet.
π Bottom line
Buyers are trying to hold the market, but ETF outflows and weak spot demand are making it harder. As long as $70K holds, a bounce is still possible. If that level breaks, sub-$70K talk gets much louder.
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| 19 |  π Bitcoin dropped after a $1.3B IBIT sale in a dark pool
On Tuesday, an unknown trader sold 29.2M IBIT shares worth $1.3B through a dark pool β a private venue where large players trade away from public markets.
And BTC moved lower almost immediately.
π What happened
After the trade, Bitcoin fell from $77,875 to $76,720 in 10 minutes. Later, price dropped to $75,600, ending the day down about 2.8%.
Galaxy Digital called it the biggest dark-pool IBIT trade they had seen. Bloomberg also pointed out the scale: the order was 22x larger than the second-biggest IBIT sell order that day.
β οΈ ETF backdrop is weak too
US spot Bitcoin ETFs have now seen 8 straight trading days of outflows. Tuesday brought $333.6M in outflows, including $192.4M from IBIT.
Since May 14, more than $2B has left Bitcoin ETFs. Some big players are also cutting exposure: Jane Street reduced its BTC ETF holdings by around 70% in Q1, while Goldman Sachs cut its position by 10%.
π Bottom line
Bitcoin ETFs gave institutions an easy way in β but also an easy way out. As long as large sales and ETF outflows continue, it will be harder for BTC to recover cleanly.
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| 20 |  π Bitcoin is back in the risk zone: ETFs are no longer holding the market
Swissblock says BTC is moving into a βhigh-riskβ zone. Its risk index is now at 33 out of 100, and the message is simple: selling pressure is stronger than demand again.
The main issue is spot Bitcoin ETFs. After strong buying in March and April, May looks more like distribution.
π Whatβs happening
β ETFs have seen outflows on almost every trading day since May 7
β More than $2B has left the funds over two weeks
β Glassnode says these outflows add supply to the market, with no clear demand offset
β Swissblock says ETF demand is no longer absorbing selling pressure like before
Fresh US strikes on Iran added more nerves. BTC dipped about 1%, moving from above $77K to around $76.5K.
Still, there is no real crash. Bitcoin has been range-bound for almost 4 months, and the market is trying to look not only at the strikes, but also at the chance of a future US-Iran deal.
π Bottom line
The issue is not one bad day. The issue is that big ETF demand has weakened. As long as funds keep sending BTC back into the market, upside gets harder. For a cleaner recovery, the signal is simple: outflows need to stop, and buyers need to show up again.
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