Markets· ★★★· bearish·

Bitcoin slips to $82,486 after October 21 rally fails

  • —$355.73 million liquidated in 24 hours, 53.1% shorts
  • —Longs made up $91.19 million of $95.22 million in four-hour liquidations
  • —Largest single liquidation: $11.78 million BTC long on Binance
  • —Funding rates fell close to zero after the failed breakout
Why it matters: The failed push above $83,000 and near-zero funding point to weak buyer conviction, with support at $81,900 and $80,000 in focus.
Source: BeInCrypto BR