U.S. diesel oil prices surge by nearly 80% to a 6.29 USD per gallon high—will this inflation shock crush $BTC ’s 76,496.9 USD level?
The energy shock is heating up the supply chain, forcing the Fed to raise interest rates by another 25 bps to a range of 3.75%–4%, and the market expects an additional 25 bps in October. Rising borrowing costs are always a major pressure point on crypto valuations.
Currently, $BTC is fluctuating around 76,496.9 USD (+0.97% in 24h). My real-world view at this key level:
- Risk scenario: If macro pressure pushes through this zone, the selling side will be completely dominant, and the risk of a further slide is very high.
- Defensive scenario: The bulls need to hold the current base to absorb the selling pressure first before thinking about a rebound.
Instead of guessing the bottom or chasing FOMO, I prioritize reducing leverage, position discipline, and setting a tight stop-loss. As always, remember to DYOR, everyone!
At this zone, do you choose LONG or SHORT on $BTC ? Hit $BTC below and let’s review the chart together! 👇
#BTC #Bitcoin #Crypto #TradeCoin
The energy shock is heating up the supply chain, forcing the Fed to raise interest rates by another 25 bps to a range of 3.75%–4%, and the market expects an additional 25 bps in October. Rising borrowing costs are always a major pressure point on crypto valuations.
Currently, $BTC is fluctuating around 76,496.9 USD (+0.97% in 24h). My real-world view at this key level:
- Risk scenario: If macro pressure pushes through this zone, the selling side will be completely dominant, and the risk of a further slide is very high.
- Defensive scenario: The bulls need to hold the current base to absorb the selling pressure first before thinking about a rebound.
Instead of guessing the bottom or chasing FOMO, I prioritize reducing leverage, position discipline, and setting a tight stop-loss. As always, remember to DYOR, everyone!
At this zone, do you choose LONG or SHORT on $BTC ? Hit $BTC below and let’s review the chart together! 👇
#BTC #Bitcoin #Crypto #TradeCoin
