Everyone is calculating whether Bitcoin can reach 100,000—but what truly determines which direction it goes next is that not-so-noticeable line below..
💰 热点新闻
After Bitcoin surged to above 87,400 on September 21, it kept giving back gains and now is hovering in the range of 82,000 to 83,000.. Several analysts single out 82,000, saying this is the level that the bulls must defend..
Why exactly is it this line.. Because in May, Bitcoin topped out here; then it fell to around 57,000 in June, and at the beginning of September it was pushed down here again.. A ceiling that repeatedly presses the price—once that ceiling is broken through, it turns around and becomes a floor.. What the bulls are defending now is actually that old wall they have just flipped over..
But the real reason the price is softening may not be inside the crypto world.. The U.S. head of STS Digital directly attributes this week’s weakness to the bond market: U.S. Treasuries are falling, yields are climbing, and money is shifting from risk assets toward “safe haven” assets.. In such times, crypto rarely manages to stand apart; it’s now more like one end of a risk asset, being pulled along by the bond market..
A researcher at a wallet firm issued three warnings—only when they stack together does it count as genuinely dangerous: ETF net outflows for several consecutive trading days, the 10-year Treasury yield continuing to rise, and a break below 82,000.. The first two have already appeared halfway..
So now the picture is the reverse: the bears aren’t watching the coin—they’re watching the bonds..
If this line holds, there is still room above to open up toward 90,000 and even 100,000.. But once ETFs keep flowing out for several days and yields keep climbing, below 80,000 won’t be a mere pullback—it will be a gear change..
What’s truly worth watching isn’t whether Bitcoin is up a few points tonight, but when the yields on the Treasury side are going to stop rising..
💰 热点新闻
After Bitcoin surged to above 87,400 on September 21, it kept giving back gains and now is hovering in the range of 82,000 to 83,000.. Several analysts single out 82,000, saying this is the level that the bulls must defend..
Why exactly is it this line.. Because in May, Bitcoin topped out here; then it fell to around 57,000 in June, and at the beginning of September it was pushed down here again.. A ceiling that repeatedly presses the price—once that ceiling is broken through, it turns around and becomes a floor.. What the bulls are defending now is actually that old wall they have just flipped over..
But the real reason the price is softening may not be inside the crypto world.. The U.S. head of STS Digital directly attributes this week’s weakness to the bond market: U.S. Treasuries are falling, yields are climbing, and money is shifting from risk assets toward “safe haven” assets.. In such times, crypto rarely manages to stand apart; it’s now more like one end of a risk asset, being pulled along by the bond market..
A researcher at a wallet firm issued three warnings—only when they stack together does it count as genuinely dangerous: ETF net outflows for several consecutive trading days, the 10-year Treasury yield continuing to rise, and a break below 82,000.. The first two have already appeared halfway..
So now the picture is the reverse: the bears aren’t watching the coin—they’re watching the bonds..
If this line holds, there is still room above to open up toward 90,000 and even 100,000.. But once ETFs keep flowing out for several days and yields keep climbing, below 80,000 won’t be a mere pullback—it will be a gear change..
What’s truly worth watching isn’t whether Bitcoin is up a few points tonight, but when the yields on the Treasury side are going to stop rising..
