Bitcoin Trades Below $80,000 as Long Liquidations Hit $1.34 Billion

Crypto Insight Summary: Ether funding turned negative on OKX, while bitcoin funding remained positive as leveraged bullish positions were unwound. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: BTC fell below $80K amid $1.34B long liquidations; negative ETH funding signals deleveraging.