Posteo

$BTC $ETH 📊 The market is currently stuck in a messy phase of high-level consolidation + short-squeeze rebound + macro pressure. $BTC continues to chop between $78K–$79K, briefly reaching around $79.2K on September 1 before pulling back. Over the past 24 hours, roughly $150M–$440M in positions were liquidated across the market, with shorts taking most of the damage. That looks more like a classic short squeeze than a move driven by fresh capital entering the market. 🔥 Meanwhile, spot BTC ETF inflows broke their nine-day streak, with around $200M in net outflows on August 28, suggesting institutional buying momentum has weakened significantly. The macro picture is also creating additional pressure: 📈 10Y U.S. Treasury yield: ~4.76% 📈 September rate-hike probability: above 65% 💧 Tokenized U.S. stocks continue competing for market liquidity $ETH managed to rebound alongside Bitcoin toward $2,470, but its strength remains weaker than the broader market. Altcoins are also struggling to attract meaningful volume. ⚠️ My Current View No volume + limited fresh liquidity + hawkish macro = a fragile rebound. Until $BTC can convincingly break and hold above the $79K–$80K zone, I’m treating this bounce as potentially part of a larger downward continuation rather than the start of a new leg higher. If resistance continues to hold, the next major area I’m watching is around $76K. 🎯 This is my personal market view, not financial advice. Always do your own research and manage risk. #LaborMarketTestsWalsh #BTCGoldCorrelation