$RHEA $BTC $ZEC
🚨 85,000 is down again—completely fell through! This morning’s sharp move by the “big pie”—who exactly stabbed it?
At 8:15 this morning, the “big pie” surged to 84,974. A lot of people were just about to chase in, but more than an hour later it got smashed all the way to 83,429. What does that feel like? It’s like waiting in line to buy milk tea—right when it’s your turn, the shop shuts down.
Let’s make it clear: today there wasn’t a single piece of major bad news—none of it was caused by any sudden headline. The real reason boils down to three words: “Dare not chase.”
First, Trump is stirring things up again. On Sunday, he hinted that before the midterm election in mid-November, there may be another move against Iran. Oil prices jumped; Nasdaq futures weakened right after. Risk-off sentiment shot up immediately. Crypto and tech stocks are basically wearing the same pants right now—if the boss coughs, the little弟 catches a cold.
Second, US Treasury yields have surged to 5.2%, the highest since 2007. Isn’t it more comfortable to just lie there and collect interest on government bonds? Bitcoin doesn’t pay interest, and it’s volatile—so why would funds “hold tight” and fight it?
CME data shows the probability of a rate hike in October is already at 75%.
Third, US regulators are once again incompetent. The “Clarity Act” has been discussed for months, and in the end it still fell apart. A federal-level regulatory framework is nowhere in sight. Even institutions that want to enter the market are afraid of stepping on landmines.
Today, the whole internet liquidated a total of 192 million. More than 80,000 people got carried out. Longs and shorts were basically fifty-fifty—nobody really got a win.
In one sentence: The newsflow made funds afraid to chase higher, and the technical breakdown at 85,000 is what kicked the price down.
Next, keep an eye on Wednesday’s PCE data—that’s the real main event this week.
What do you think? Is this a shakeout or a trend reversal? Drop your thoughts in the comments, and hit like while you’re at it—don’t let my K-line fight alone.
#中国或允许阿里字节买英伟达芯片 #Bitget黑客转移8300万美元被盗XRP #Bitwise提交NEAR现货ETF最终招股书
🚨 85,000 is down again—completely fell through! This morning’s sharp move by the “big pie”—who exactly stabbed it?
At 8:15 this morning, the “big pie” surged to 84,974. A lot of people were just about to chase in, but more than an hour later it got smashed all the way to 83,429. What does that feel like? It’s like waiting in line to buy milk tea—right when it’s your turn, the shop shuts down.
Let’s make it clear: today there wasn’t a single piece of major bad news—none of it was caused by any sudden headline. The real reason boils down to three words: “Dare not chase.”
First, Trump is stirring things up again. On Sunday, he hinted that before the midterm election in mid-November, there may be another move against Iran. Oil prices jumped; Nasdaq futures weakened right after. Risk-off sentiment shot up immediately. Crypto and tech stocks are basically wearing the same pants right now—if the boss coughs, the little弟 catches a cold.
Second, US Treasury yields have surged to 5.2%, the highest since 2007. Isn’t it more comfortable to just lie there and collect interest on government bonds? Bitcoin doesn’t pay interest, and it’s volatile—so why would funds “hold tight” and fight it?
CME data shows the probability of a rate hike in October is already at 75%.
Third, US regulators are once again incompetent. The “Clarity Act” has been discussed for months, and in the end it still fell apart. A federal-level regulatory framework is nowhere in sight. Even institutions that want to enter the market are afraid of stepping on landmines.
Today, the whole internet liquidated a total of 192 million. More than 80,000 people got carried out. Longs and shorts were basically fifty-fifty—nobody really got a win.
In one sentence: The newsflow made funds afraid to chase higher, and the technical breakdown at 85,000 is what kicked the price down.
Next, keep an eye on Wednesday’s PCE data—that’s the real main event this week.
What do you think? Is this a shakeout or a trend reversal? Drop your thoughts in the comments, and hit like while you’re at it—don’t let my K-line fight alone.
#中国或允许阿里字节买英伟达芯片 #Bitget黑客转移8300万美元被盗XRP #Bitwise提交NEAR现货ETF最终招股书
