BREAKING
42d 7h ago

BTC Below Moving Averages: Reclaim Could Spark Trend Following and Market Momentum, Says Wintermute OTC Head Jake

BTC

BTC/USDT

$75,975.55
-2.57%
24h Volume

$38,392,208,293.68

24h H/L

$79,084.29 / $72,945.50

Change: $6,138.79 (8.42%)

Long/Short
77.1%
Long: 77.1%Short: 22.9%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$76,143.12

0.49%

Volume (24h): -

Resistance Levels
Resistance 3$89,425.17
Resistance 2$82,177.57
Resistance 1$77,863.52
Price$76,143.12
Support 1$75,474.19
Support 2$72,912.22
Support 3$61,211.28
Pivot (PP):$76,136.15
Trend:Downtrend
RSI (14):26.8

COINOTAG News reports that Wintermute’s OTC head recently highlighted a classic trend-following stance among traders. In current action, BTC, ETH, and SOL trade beneath pivotal moving averages, a condition that can dampen near-term speculative appetite and steer positioning toward caution rather than chase.

The same logic suggests a potential pivot: if prices reclaim these benchmarks, capital often re-enters in a measured manner, helping to restore market momentum across leading crypto assets and reinforce orderly price action.

Market participants should monitor moving-average crossovers, volume patterns, and liquidity dynamics to assess trend durability. Watchlisted assets include BTC, ETH, and SOL as risk-aware portfolios calibrate exposure.

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