The probability of a Fed rate hike is rising, so why is the crypto market still aggressively pushing upward?
Woke up from a nap, wow.
$BTC surged to 79,600, $ETH reached 2,618, ZEC pulled up to 1,218, $BNB surged to 733, $HYPE touched a high of 83.2. After all hit resistance levels, they collectively surged and then pulled back—a typical main force shakeout tactic.
Most retail investors had already set up short positions in advance, but the big players won’t let the shorts easily profit. They deliberately push against the trend to lure longs, first sweeping out all low-level shorts and attracting chasing retail investors. After heating up the market, they immediately reverse and dump.
The crypto market never plays by the usual rules; the rate hike decision window is always a double-edged sword for bulls and bears.
Key reference levels:
$BTC: Resistance 79,600–79,900; Support 76,000, break below targets 73,500
$ETH: Resistance 2,600–2,618; Support 2,430, break below targets 2,350
$ZEC : Resistance 1,218; Support 1,090–1,121
$BNB: Resistance 728–733; Support 710, break below targets 690
$HYPE: Resistance 82–83.2; Support 76, continued downside if broken
Currently, all the surges are bull traps; do not blindly chase the rally. Be patient and wait for the dump to land.
⚠️ This is only a personal market review and does not constitute investment advice.#RLUSDSupplyHitsRecord$2.442B
Woke up from a nap, wow.
$BTC surged to 79,600, $ETH reached 2,618, ZEC pulled up to 1,218, $BNB surged to 733, $HYPE touched a high of 83.2. After all hit resistance levels, they collectively surged and then pulled back—a typical main force shakeout tactic.
Most retail investors had already set up short positions in advance, but the big players won’t let the shorts easily profit. They deliberately push against the trend to lure longs, first sweeping out all low-level shorts and attracting chasing retail investors. After heating up the market, they immediately reverse and dump.
The crypto market never plays by the usual rules; the rate hike decision window is always a double-edged sword for bulls and bears.
Key reference levels:
$BTC: Resistance 79,600–79,900; Support 76,000, break below targets 73,500
$ETH: Resistance 2,600–2,618; Support 2,430, break below targets 2,350
$ZEC : Resistance 1,218; Support 1,090–1,121
$BNB: Resistance 728–733; Support 710, break below targets 690
$HYPE: Resistance 82–83.2; Support 76, continued downside if broken
Currently, all the surges are bull traps; do not blindly chase the rally. Be patient and wait for the dump to land.
⚠️ This is only a personal market review and does not constitute investment advice.#RLUSDSupplyHitsRecord$2.442B