$BTC The hourly chart is looking a bit weak. Fed rate cut expectations are cooling off, and ETF funds are still flowing out. These two factors are combining to create considerable pressure.
From a technical indicator perspective: MACD has already formed a death cross and is spreading downward, RSI has also dropped from its high, and the price is currently being suppressed by short-term moving averages. In addition, institutions have been reducing their positions lately, safe-haven sentiment is rising in the market, and selling pressure continues to be released. The current support level is struggling, and the downward momentum hasn’t stopped yet. Watch out for a possible deep pullback if key support is breached.
Trading strategy reference: You can consider laying out short positions in the 94,500 to 93,500 range, targeting 92,500, 91,500, and 90,500. Remember to manage your risk. $BTC $ETH
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Ramen_Until_Rich
· 12-07 03:52
Wake up, the rate cut expectations are gone, but the ETF is still running. Put these two together... better be careful.
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RektButStillHere
· 12-06 05:47
It's starting to drop again. I told you the Fed's rate cut expectations were hollow—we should have gone bearish long ago.
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FadCatcher
· 12-05 23:26
Here we go again. The Fed has already turned off the blow dryer, so what is BTC still holding on for? ETFs are still pulling out, institutions have left, and we're still holding on tight?
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CantAffordPancake
· 12-04 09:20
Oh no, it's going to drop again. The institutions are really ruthless with this round of selling.
But I'm a bit hesitant about the 93,500 level—it feels like if it breaks, it'll plunge all the way down.
See you at 92,500. My short positions are already set up, praying they don't get liquidated.
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OnlyUpOnly
· 12-04 09:19
It's starting to drop again. Will it really break the support this time?
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Institutions are running off while we're still buying the dip. That's honestly a bit risky.
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I'm tired of seeing the MACD death cross setup. I'll just wait for the rebound to cut my losses again.
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Laying out short positions sounds good, just worried about getting liquidated if it reverses.
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Rate cut expectations are gone, and ETFs are bleeding. This is definitely a bit tough.
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I need to see if it can hold above 92500, otherwise, it might really go lower.
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Risk management is key—too many people just don't get this step right.
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Short-term moving averages are pressing down on the price. Feels like there's still plenty of downward momentum.
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I'll wait for the 94500 short, feels like there might still be room for a rebound.
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Institutions are liquidating, while retail investors are still sleepwalking. It's honestly a bit ironic.
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When RSI drops, it's just a sell signal—same old trick.
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If it really breaks 90500 this time, then it's time to seriously reconsider strategy.
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Once risk-off sentiment kicks in, there's no one left to hold the line. Looks ugly.
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AirdropHunterWang
· 12-04 09:15
Airdrop hunter Xiao Wang's comment:
You're still daring to go long after a death cross? Institutions are all running away, bro. I just want to see who's left to take the bag.
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Same old argument again. Last time people said this, it plunged straight down to 90,500.
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Forget it, proper risk management is the key. The rest is up to luck.
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If that 92,500 support breaks, I'm just going to lie flat.
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As soon as the Fed's rate cut expectations cooled, this is what happened. Feels like it's only going to get tougher from here.
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I've got a short order set at 94,500, just waiting for it to drop.
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ETF outflows are still happening. No one really has confidence in this.
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OfflineValidator
· 12-04 09:04
Damn, it's the same routine again. Every time they say the support is weak and a deep pullback is coming, but the price never drops, and then people start calling for a rebound.
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HodlAndChill
· 12-04 09:02
The sell-off is so fierce, institutions are really cashing out. No wonder things have felt so tense these past couple of days.
#美联储重启降息步伐 Afternoon Market Observation | 12.5
$BTC The hourly chart is looking a bit weak. Fed rate cut expectations are cooling off, and ETF funds are still flowing out. These two factors are combining to create considerable pressure.
From a technical indicator perspective: MACD has already formed a death cross and is spreading downward, RSI has also dropped from its high, and the price is currently being suppressed by short-term moving averages. In addition, institutions have been reducing their positions lately, safe-haven sentiment is rising in the market, and selling pressure continues to be released. The current support level is struggling, and the downward momentum hasn’t stopped yet. Watch out for a possible deep pullback if key support is breached.
Trading strategy reference: You can consider laying out short positions in the 94,500 to 93,500 range, targeting 92,500, 91,500, and 90,500. Remember to manage your risk. $BTC $ETH