Good morning, brothers! I’m the Bitter Melon King!! #BTC走势分析
Yesterday’s CPI data hit the crypto market like a slap, sending it crashing to the ground. $BTC fell below 74000, with a wick down to 72727.27. $ETH fell below quarterly support at 2050, with a wick down to 2003.57. You could say mainstream coins headed steadily south yesterday because CPI came in higher than expected. Rate-hike sentiment was running hot, and there were even calls for a 50-basis-point hike in December, triggering panic selling in the market.
At these levels, with BTC around 73400 and ETH around 2050, I think you could open a short position with an initial entry and add to it on a rebound. The reason is simple: the funds BlackRock transferred to CB last night haven’t started being sold off yet, so the selling risk is still there.
That’s my strategy for positioning in mainstream coins today. For everyone’s reference only!!
#CPI高于预期，美股与BTC再度承压 #Anthropic拒绝延期IPO，本周路演估值几何？
Yesterday’s CPI data hit the crypto market like a slap, sending it crashing to the ground. $BTC fell below 74000, with a wick down to 72727.27. $ETH fell below quarterly support at 2050, with a wick down to 2003.57. You could say mainstream coins headed steadily south yesterday because CPI came in higher than expected. Rate-hike sentiment was running hot, and there were even calls for a 50-basis-point hike in December, triggering panic selling in the market.
At these levels, with BTC around 73400 and ETH around 2050, I think you could open a short position with an initial entry and add to it on a rebound. The reason is simple: the funds BlackRock transferred to CB last night haven’t started being sold off yet, so the selling risk is still there.
That’s my strategy for positioning in mainstream coins today. For everyone’s reference only!!
#CPI高于预期，美股与BTC再度承压 #Anthropic拒绝延期IPO，本周路演估值几何？
