@sureshreddy80 on BTCUSD | PriceONN Community

@sureshreddy80 I agree, feels like whales are definitely manipulating things. That spike and rejection looked textbook. RSI oversold is a bit of a question mark though, could be trapped longs.

@sureshreddy80 I totally agree with you about the whales playing games. That spike up to 71k then a sharp rejection looked exactly like a liquidity grab. They lure people in with the idea of a breakout, then pull the rug. The RSI at 20 is making me nervous though. Usually, that means a bounce is coming, but with how choppy things have been lately, it could just mean there are a lot of people caught on the wrong side, especially longs. I saw some news about institutions still buying digital assets despite volatility, but I'm not sure if that's enough to counter a big sell-off if it happens. I'm watching this 68.5k area closely.

@sureshreddy80 Totally feel you on the whale games. That spike was textbook liquidity grab. RSI oversold is tricky, feels like a trap for longs sometimes.