#比特币跌破8.4万美元
$487 million in long positions liquidated overnight 💥 Bitcoin plunges back below $84,000 🦖
👉 进群看盘面
In the early Asian session on October 7, Bitcoin suddenly plunged from around $86,600, where it had been trading during the day on Tuesday, to a low of $83,840—a drop of about 1.5%. It fell straight through the $84,000 level that FxPro had previously flagged as a key threshold for the bears.
More importantly, the trigger didn’t come from crypto. Attacks on oil tankers in the Strait of Hormuz escalated, sending Brent crude up nearly 1% to around $101.50 a barrel. Oil prices, the dollar, and Treasury yields all rose at the same time 🛢️
According to data from The Block, around $487 million in long positions were liquidated in this crypto market sell-off. Nearly all major coins were in the red. Dogecoin (DOGE) led the declines, down about 5% to around 9 cents. Ethereum fell 3.5% to about $2,610, XRP dropped around 3% to $1.46, and HYPE fell 4% to about $91. BNB, SOL, ZEC, and TRX each lost between 1% and 2.5%.
On the macro front, the yield on 10-year U.S. Treasuries rose 3 basis points to 5.31%. The U.S. dollar strengthened against all G10 currencies, and Asian stocks also retreated. Risk assets were drained of liquidity across the board 📉
The key level now is $83,000. FxPro’s view is that if Bitcoin breaks decisively below it, $80,000 could come quickly. The current price is only about $1,200 above this line of defense. Meanwhile, the market is also waiting for the minutes of the Fed’s September meeting, due later today. The Fed cut rates by 25 basis points in September, and weaker-than-expected employment data has made another move this month seem less certain. Whether the minutes strike a patient tone or leave the door open to another move this year could determine the market’s next direction ⚠️
My take: this sell-off isn’t a crypto-specific problem. Oil prices, the dollar, and Treasury yields are working together to drain liquidity from the market, with volatile assets taking the first hit. The real question isn’t how much prices fell today, but whether $83,000 holds. If it does, this is a retest. If it breaks, $80,000 could arrive faster than anyone expects.
Let’s talk in the comments: do you think this is a pullback driven by oil prices, or the beginning of the end of the rebound?
I bring you the latest crypto market trends every day—not just what’s happening, but also the logic and opportunities behind the headlines 👀🚀
Tap my profile picture to watch the livestream
$487 million in long positions liquidated overnight 💥 Bitcoin plunges back below $84,000 🦖
👉 进群看盘面
In the early Asian session on October 7, Bitcoin suddenly plunged from around $86,600, where it had been trading during the day on Tuesday, to a low of $83,840—a drop of about 1.5%. It fell straight through the $84,000 level that FxPro had previously flagged as a key threshold for the bears.
More importantly, the trigger didn’t come from crypto. Attacks on oil tankers in the Strait of Hormuz escalated, sending Brent crude up nearly 1% to around $101.50 a barrel. Oil prices, the dollar, and Treasury yields all rose at the same time 🛢️
According to data from The Block, around $487 million in long positions were liquidated in this crypto market sell-off. Nearly all major coins were in the red. Dogecoin (DOGE) led the declines, down about 5% to around 9 cents. Ethereum fell 3.5% to about $2,610, XRP dropped around 3% to $1.46, and HYPE fell 4% to about $91. BNB, SOL, ZEC, and TRX each lost between 1% and 2.5%.
On the macro front, the yield on 10-year U.S. Treasuries rose 3 basis points to 5.31%. The U.S. dollar strengthened against all G10 currencies, and Asian stocks also retreated. Risk assets were drained of liquidity across the board 📉
The key level now is $83,000. FxPro’s view is that if Bitcoin breaks decisively below it, $80,000 could come quickly. The current price is only about $1,200 above this line of defense. Meanwhile, the market is also waiting for the minutes of the Fed’s September meeting, due later today. The Fed cut rates by 25 basis points in September, and weaker-than-expected employment data has made another move this month seem less certain. Whether the minutes strike a patient tone or leave the door open to another move this year could determine the market’s next direction ⚠️
My take: this sell-off isn’t a crypto-specific problem. Oil prices, the dollar, and Treasury yields are working together to drain liquidity from the market, with volatile assets taking the first hit. The real question isn’t how much prices fell today, but whether $83,000 holds. If it does, this is a retest. If it breaks, $80,000 could arrive faster than anyone expects.
Let’s talk in the comments: do you think this is a pullback driven by oil prices, or the beginning of the end of the rebound?
I bring you the latest crypto market trends every day—not just what’s happening, but also the logic and opportunities behind the headlines 👀🚀
Tap my profile picture to watch the livestream
