Of the 18 Fed officials, 16 support another rate hike within the year, and there is basically no room for macro liquidity to improve.
Even more worrying overhead is tangible sell pressure: a government-related address has recently shifted out 833.6 BTC. The market immediately plunged from a recent high of $87,360, breaking through support of the MA7 moving average and continuing lower toward the MA30 near $81,933.
A breakdown after a high-level sideways consolidation is never accidental. With macro tightening as the backdrop and official holdings in motion, at this moment, forcing the downward selloff to be explained as “reversing to pick someone up” is nothing more than giving long-side traders a bill to foot.
#IMF称代币化市场仍小且碎片化 #BTC $BTC
#OGN $OGN
#IMF称代币化市场仍小且碎片化
👇
Even more worrying overhead is tangible sell pressure: a government-related address has recently shifted out 833.6 BTC. The market immediately plunged from a recent high of $87,360, breaking through support of the MA7 moving average and continuing lower toward the MA30 near $81,933.
A breakdown after a high-level sideways consolidation is never accidental. With macro tightening as the backdrop and official holdings in motion, at this moment, forcing the downward selloff to be explained as “reversing to pick someone up” is nothing more than giving long-side traders a bill to foot.
#IMF称代币化市场仍小且碎片化 #BTC $BTC
#OGN $OGN
#IMF称代币化市场仍小且碎片化
👇