Bitcoin Rejecting Rises — Signs of Imminent Collapse?

Bitcoin continues to reject recovery attempts. The market is weak, lacking real buying strength. In just 24 hours, over $210 million in crypto positions have been liquidated, crushing traders. With BTC trading around $65.43K (a 3.15% drop in the last 24 hours), pressure is mounting. There’s no convincing rebound in sight — only higher highs and lower lows, with no momentum or buyer conviction. All eyes are now on the critical market zone.

Resistance Rejecting Price — A Dangerous Trap Forming

The technical situation is concerning. The $66K support is barely holding after two weeks of continuous pressure. Above that, the resistance at $71K continues to reject any recovery attempts, creating a pattern traders fear: lower highs and lower lows. The zone between $68K and $71K is particularly dangerous — a massive liquidation cluster is set up in this range. If buyers don’t step in soon, the market could test even lower levels, triggering a domino effect of liquidations. Weakness is evident: no support, no buyers, only sellers waiting.

Institutional Exodus Continues — $3.74 Billion in Four Weeks

Meanwhile, major players are pulling back from the market. Crypto funds have recorded four consecutive weeks of outflows, with $3.74 billion withdrawn in just one month. Bitcoin and Ethereum are losing institutional capital injections, a clear sign that big money is seeking the exit door. This systematic capital drain is no small detail — it indicates that even experienced players are cautious.

When Does Pessimism Turn to Panic?

Sentiment is extremely negative. It’s not widespread panic yet — but pressure is mounting rapidly. The signs are there: price rejection, funds leaving, liquidations increasing. The question now isn’t if the market will test lower levels, but when.