It’s afternoon time to mess around and chat about what happened last night. Honestly, it left me a bit speechless.
$BTC directly plunged back to 83,000—Friday’s rebound got fully given back. As for the altcoins, forget it; it fell so hard it doesn’t even deserve to be recognized. Even more interesting: gold. In one night it dropped 4%, falling below 4,200, and silver went straight down by -5.8%. Safe-haven and risk assets are both falling hand in hand—this kind of market is the hardest to trade. There’s nowhere to hide.
At the root of it is still the Middle East situation. Trump said, “We’ll win very soon,” but an Iranian official privately complained to Bloomberg that don’t count on an agreement before the midterm election in mid-November. Brent crude keeps hovering around $105. Oil can’t fall, inflation is still pressing down, and rate-cut fantasies will have to be shelved for now.
My stance is very straightforward: don’t rush to catch the flying knife. At the 83k level the sentiment is already bleak enough, but pessimism doesn’t equal a bottom. Wait for a clear catalyst—if there isn’t one, then hold back, and keep your position light going into the night.
NFA DYOR
#BTC #比特币 #加密货币 #中东局势 #行情分析
$BTC directly plunged back to 83,000—Friday’s rebound got fully given back. As for the altcoins, forget it; it fell so hard it doesn’t even deserve to be recognized. Even more interesting: gold. In one night it dropped 4%, falling below 4,200, and silver went straight down by -5.8%. Safe-haven and risk assets are both falling hand in hand—this kind of market is the hardest to trade. There’s nowhere to hide.
At the root of it is still the Middle East situation. Trump said, “We’ll win very soon,” but an Iranian official privately complained to Bloomberg that don’t count on an agreement before the midterm election in mid-November. Brent crude keeps hovering around $105. Oil can’t fall, inflation is still pressing down, and rate-cut fantasies will have to be shelved for now.
My stance is very straightforward: don’t rush to catch the flying knife. At the 83k level the sentiment is already bleak enough, but pessimism doesn’t equal a bottom. Wait for a clear catalyst—if there isn’t one, then hold back, and keep your position light going into the night.
NFA DYOR
#BTC #比特币 #加密货币 #中东局势 #行情分析