Glassnode reports Bitcoin slipping below the Short-Term Holder Cost Basis with capital leaving stablecoins, ETFs and US buyers while two large wallet cohorts accumulate and leverage flushes.

According to CrypNuevo, a potential price rotation for Bitcoin (BTC) to $65,000 is anticipated in the short-term timeframe (LTF). CrypNuevo suggests positioning around $70,000 if there is a brief upward move early in the week. However, caution is advised, as price acceptance above $71,000 would invalidate this strategy, prompting a long trade toward $73,000-$74,000.