Crypto bulls reportedly face about $22.5 billion in paper losses.
Michael Saylor’s Bitcoin position accounts for roughly $12.5 billion.
Ethereum weakness...
Dogecoin price has broken out of a weekly downtrend channel.
Analyst highlights a strong MACD setup supporting momentum.
Long-term technical outlook...
Bitcoin liquidations surpassed $617 million during the recent selloff
BTC rebounded after briefly falling toward the $60,000 region
Major liquidity clusters...