$BTC slipped to $89,070 (-1.12%), pressured by macro uncertainty, technical weakness, and low liquidity.
🔻 Key factors: BOJ rate-hike fears — A potential move to 0.75% on Dec 18 is weighing on risk assets.
Technical risks — #BTC is testing $88K support, with a bear-flag structure hinting at a possible -20% drop.
Low-volatility squeeze — Price is stuck in a tight $89K–$90K range as traders wait for a catalyst.
🔍 What matters now: — A stronger JPY could drain liquidity that crypto traders rely on. — A break below $88K opens the path to $84.7K and lower. — Markets await CPI on Dec 15 and the BOJ decision on Dec 18 — these events may set the next big move.
The market remains in a phase of uncertainty: price action is muted, but downside risks are building.
$PAXG is showing early signs of recovery after rebounding strongly from the 4020 support zone and reclaiming the 4080 level Buyers are gradually regaining momentum forming a potential higher low structure .
A sustained hold above 4060 could open the way for a move toward key resistance at 4120 and beyond
PAXG remains bullish as long as the 4020 support holds A breakout above 4120 could confirm a short-term trend reversal and signal continuation toward the 4200 zone