The probability of the Fed raising rates by 25 basis points in December is now 88.5%—that’s the real culprit behind this sell-off.
$BTC hit a low of $62,006 this morning, its lowest since July. It’s now trading around $64,900, down about 3% over the past 24 hours; $ETH bottomed at $1,711 and is now at $1,808.
What hurts even more: ETFs. Spot Bitcoin and Ethereum ETFs saw combined net outflows of $1.46 billion this week, and flows haven’t been positive since November 4.
The Fear Index is at 10: extreme fear. The 200-day moving average is at $72,922, so reclaiming it would require a 14.5% rise.
#币种分析 #BTC
Before the December rate hike is confirmed, are you waiting or watching?
$BTC hit a low of $62,006 this morning, its lowest since July. It’s now trading around $64,900, down about 3% over the past 24 hours; $ETH bottomed at $1,711 and is now at $1,808.
What hurts even more: ETFs. Spot Bitcoin and Ethereum ETFs saw combined net outflows of $1.46 billion this week, and flows haven’t been positive since November 4.
The Fear Index is at 10: extreme fear. The 200-day moving average is at $72,922, so reclaiming it would require a 14.5% rise.
#币种分析 #BTC
Before the December rate hike is confirmed, are you waiting or watching?