#美SEC促进加密资产创新监管框架 Last night, $BTC price action was a real roller coaster, with wild swings catching high-leverage players completely off guard. With the Fed meeting on the 11th approaching, the market is like a taut string; contract positions are basically a meat grinder in this kind of volatile environment.
This week is unlikely to be quiet. Before the policy is settled, price is easily swayed by sentiment. Don’t rush to go ALL IN—wait to see which direction this wave of volatility will break. A few key levels to watch:
On the downside, see if the 83,850 support can hold—if it breaks, the 80,000 mark could be in jeopardy, and there may be room for a deeper pullback.
On the upside, there’s tough resistance near 96,500, which aligns with the upper trendline of the channel. If it can’t break through here, we’ll likely keep consolidating in the current range.
$PIPPIN $FHE These two assets are also worth keeping an eye on for recent movements.
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DefiOldTrickster
· 12-08 03:31
Here we go again, high-leverage players got wiped out last night, haha, serves them right. I said it before, in this kind of meat-grinder market, just looking at candlestick charts is useless. You have to look at on-chain data to know where the whales are accumulating. If 83850 can't hold, then it's really time to panic. When liquidation levels get pushed lower, that's when the arbitrage opportunities will come.
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liquidation_surfer
· 12-08 03:31
Here comes another round of the meat grinder market. Those with high leverage are probably going to get liquidated again, haha.
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NFTregretter
· 12-08 03:15
High leverage got liquidated again, LOL. Still have to wait for the dust to settle; this round is really making it hard to stay calm.
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MissingSats
· 12-08 03:10
Damn, I got played again last night—my contract got liquidated in a total disaster. "Meat grinder" is the perfect term for this.
#美SEC促进加密资产创新监管框架 Last night, $BTC price action was a real roller coaster, with wild swings catching high-leverage players completely off guard. With the Fed meeting on the 11th approaching, the market is like a taut string; contract positions are basically a meat grinder in this kind of volatile environment.
This week is unlikely to be quiet. Before the policy is settled, price is easily swayed by sentiment. Don’t rush to go ALL IN—wait to see which direction this wave of volatility will break. A few key levels to watch:
On the downside, see if the 83,850 support can hold—if it breaks, the 80,000 mark could be in jeopardy, and there may be room for a deeper pullback.
On the upside, there’s tough resistance near 96,500, which aligns with the upper trendline of the channel. If it can’t break through here, we’ll likely keep consolidating in the current range.
$PIPPIN $FHE These two assets are also worth keeping an eye on for recent movements.