According to Skew Δ (@52kskew), Bitcoin (BTC) has faced significant downward pressure as short sellers have dominated market activity throughout US trading hours. This trend highlights increased bearish sentiment and elevated volatility, impacting both spot and derivatives markets. Traders should watch for potential liquidations and increased price swings, as continued short-side activity could intensify downside risks in the near term. Source: Skew Δ Twitter, June 19, 2025.

According to @CryptoCred, the current sentiment in the cryptocurrency market remains neutral with Bitcoin (BTC) trading near a key support level at $67,000 and Ethereum (ETH) consolidating above $3,500. Traders are closely monitoring these levels as a break below could trigger increased volatility and potential selling pressure. On-chain data from Glassnode also indicates heightened exchange inflows, suggesting active positioning among participants (source: @CryptoCred, Glassnode). These factors are critical for short-term trading strategies as the crypto market awaits a decisive move.