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$BTC is still grinding at 77000. I feel like this still hasn’t finished dipping.
How’s market sentiment today? The bears just enjoyed a round of fun, but they don’t dare to add more. The bulls are trapped badly, but the funding rate is still 0.0097, which suggests someone is still stubbornly holding on. This kind of low-volume, slow downward drift is the most uncomfortable—it doesn’t even give you a proper, decisive drop.$BTC has been dumped from around 79200, already nearly a 2000-point fall. Today’s low was 76420, and quite a few long positions were liquidated.
The rising sectors are interesting. $FIL suddenly jumped 15%, and there are also coins like ACE FF that seem to have popped out of nowhere—classic “the main force is just hyping itself,” with market sentiment not catching up. The storage track twitched suddenly, but I didn’t see any legitimate positive news.
The falling sectors are terrifying: NFP directly -65%, VIC -43%, VANRY -37%. These are all tiny-cap garbage coins with terrible liquidity. Once there’s even a bit of selling pressure, they just collapse. This shows that the market’s risk appetite is extremely low right now—funds only dare to huddle in the mainstream, and nobody wants to pick up the small coins.#StockNewUserBonus