Wednesday Crypto Pulse: BTC Slips to ~$66.5K, ETH Under $2K โ Capitulation Deepens or Final Washout? ๐๐ฅ
Binance squad, mid-week reality check โ this dip is testing nerves! ๐
Today's snapshot (late GMT Feb 18):
$BTC ~$66,500โ$67,000 (down 2-2.5% 24h, rolled over from $68k+ overnight; lows hit sub-$66k on thin liquidity & macro pressure).
$ETH ~$1,940โ$1,975 (down 1-3%, cracking $2k support โ rough for alts).
Market vibe: Top tokens overwhelmingly red, privacy/RWA pockets showing cracks too; total cap shrinking, Fear & Greed screaming extreme fear.
Drivers: Fed minutes hinting rate risks, stock selloff spillover, ongoing outflows, no fresh catalysts to flip the script yet.
Short-term outlook:
Still range-bound in the $65kโ$70k box, but bias lower unless $67kโ$68k reclaims fast. Break sub-$66k eyes $65k or even $60k retest (YTD low zone). Flip side: Oversold RSI, bad news exhaustion, and historical bounce patterns after fear spikes could spark relief if macro calms or flows reverse. Long-term adoption story intact โ these are the zones that separate diamond hands.
My read: Classic late-stage capitulation chop before potential reversal. Not calling bottom, but history favors patience here over panic sells.
Are you in the trenches?
Share your levels, trades, or mindset below โ community wisdom shines in these moments! Let's grind through it together.
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