Short Squeeze Ahead of FOMC! 🚀
BTC rebounds to $80,900 (+1.2%) and ETH to $2,353 (+2%), while $149M in positions were liquidated, with shorts accounting for 67%. BTC ETFs saw $110M in inflows, but ETH ETFs lost $88.58M, and the Coinbase premium remains negative.
Key levels: BTC support $79,500, resistance $81,300; ETH support $2,300, resistance $2,364.
With the Fed decision tonight, hawkish signals could pressure crypto. Avoid chasing longs and wait for BTC to break and hold above $81,300