$BTC The big one is coming!!!
The Fear Index has plunged to 13! Extreme fear!!!
The last time it was this low was in July, when BTC was only at 60,000.
And now?
Hovering around 67,000, while ETH has fallen straight through 1,900.
Something feels off.
Honestly, this downturn looks way too much like the tariff war last year. But back then, at least we had the hope of “tariff de-escalation.” What about now?
ETFs have seen consecutive net outflows. Take a look at November’s outflow figures—they’re no small amount.
Hawkish macro conditions are weighing on risk assets, and technically, BTC has already fallen below a key cluster of moving averages. If the 66,000–65,000 range doesn’t hold, the next range is 64,000–62,000.
ETH is even weaker. After losing 1,900, 1,800 becomes a psychological battleground, where both bulls and bears will have to show their cards.
My view is simple: don’t rush to play the hero right now.
During deleveraging, a low-volume bounce is just an excuse for bears to add to their positions.
A turnaround will depend on three signals:
ETFs shifting from outflows to sustained inflows, the Fear Index climbing back above 30, and BTC holding above 70,000 on the daily chart.
Until all three are in place, buying the dip is like trying to catch a falling knife.
If you’re looking to build a position for the medium term, scale in gradually and manage your position size—you need to be able to withstand a pullback.
In this market, surviving matters more than making quick money.
That ETH short from 1,978 yesterday also gave me 🤏 100 points—what a ride!! I’ll keep waiting for the next opportunity to get positioned 🫡🫡🫡
$ETH $SNDK
The Fear Index has plunged to 13! Extreme fear!!!
The last time it was this low was in July, when BTC was only at 60,000.
And now?
Hovering around 67,000, while ETH has fallen straight through 1,900.
Something feels off.
Honestly, this downturn looks way too much like the tariff war last year. But back then, at least we had the hope of “tariff de-escalation.” What about now?
ETFs have seen consecutive net outflows. Take a look at November’s outflow figures—they’re no small amount.
Hawkish macro conditions are weighing on risk assets, and technically, BTC has already fallen below a key cluster of moving averages. If the 66,000–65,000 range doesn’t hold, the next range is 64,000–62,000.
ETH is even weaker. After losing 1,900, 1,800 becomes a psychological battleground, where both bulls and bears will have to show their cards.
My view is simple: don’t rush to play the hero right now.
During deleveraging, a low-volume bounce is just an excuse for bears to add to their positions.
A turnaround will depend on three signals:
ETFs shifting from outflows to sustained inflows, the Fear Index climbing back above 30, and BTC holding above 70,000 on the daily chart.
Until all three are in place, buying the dip is like trying to catch a falling knife.
If you’re looking to build a position for the medium term, scale in gradually and manage your position size—you need to be able to withstand a pullback.
In this market, surviving matters more than making quick money.
That ETH short from 1,978 yesterday also gave me 🤏 100 points—what a ride!! I’ll keep waiting for the next opportunity to get positioned 🫡🫡🫡
$ETH $SNDK
