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A $35M ZEC short just got wiped out, and shorts are fleeing BTC and ETH too: ~$180M in shorts gone in a day.
BTC ~$83,000: take-profit above $83.5-84K, long stops at $80.2-80.4K
$ETH $2,507: sellers at $2,600-2,650, support $2,440
$SOL $110: resistance $114, support $105
$XRP $1.41: resistance $1.45, support $1.35
ZEC $1,232: resistance $1,300, support $1,200
This rally is short covering, not new longs. Don't chase the top tick.
#CPIPPIHikeWatch #BTCETFOutflowPressure
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Trending crypto
BTC/USDTBitcoin
$75,608.7-0.01%
ETH/USDTEthereum
$2,227.09-0.01%
SOL/USDTSolana
$89.25-0.01%
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