Bitcoin at $66,000 is driven by a macro sell-off after Iran rejected a U.S. peace proposal, pressuring risk assets and pushing sentiment deeper into the fear zone (26); liquidations stand at $447.7 million over the past 24 hours.
Bitcoin ETFs saw $171.2 million in net outflows on Thursday, while Ethereum ETFs reported $92.5 million in net outflows.
Trader Commentary:
Trader Lennaert Snyder expects downside continuation, with a bearish target at the prior weekly low of $67,360. However, he remains patient, waiting for a bounce and confirmation before entering safer short positions rather than chasing the move late.
CyrilXBT said Ethereum remains in a strong downtrend and is showing relative weakness, currently hovering near key support around $2,050 after being rejected from the $2,200–$2,400 supply zone.
A break below $1,750 could open the door for further downside toward the $1,400–$1,500 range, while a move above $2,400 is needed to signal any meaningful bullish recovery.
Crypto chart analyst Ali Martinez said the TD Sequential indicator has generated a buy signal for Solana, suggesting the potential for a short-term price rebound or reversal based on historical patterns.
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