#美国贸易赤字状况 The bearish outlook has been validated today. From the level of 91,600, it has been declining all the way down to 89,632. $BTC has already experienced a nearly 2,000-point drop in this wave. $ETH has also followed the correction.
This rapid downward movement reflects the market's re-pricing of macro factors. Changes in trade patterns, fluctuations in economic data, all influence investor sentiment and risk appetite. In the short term, this correction space is already quite substantial. How it will develop next depends on whether the market can find new support levels.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
5
Repost
Share
Comment
0/400
alpha_leaker
· 39m ago
My bearish outlook really paid off; this drop was really fierce. Can we still explore around 89632?
View OriginalReply0
MonkeySeeMonkeyDo
· 01-09 09:53
I said it would crash early, now you guys are happy, right?
A 2000-point drop doesn't hurt, and that's just lying, but this macro re-pricing was indeed overdue.
Where is the support level? Is it 88,000 or 87,000?
View OriginalReply0
RealYieldWizard
· 01-09 09:49
I've been saying it would crash all along, and some people still don't believe it. A 2000-point drop came suddenly. Should we now buy the dip or continue to be bearish? The key still depends on the data from the US side.
View OriginalReply0
GasGuru
· 01-09 09:41
Wow, the 2000-point drop directly hit, my short position is making a killing haha
View OriginalReply0
ImpermanentPhobia
· 01-09 09:35
Haha, the bearish side won again, it's that feeling
89632 can't hold up, I'm still waiting for 89000 to break
Macro pricing recalculated, sounds nice but actually it's just dumping the market
Support levels? Don't think about it for now, let's see if the bottom drops even lower
#美国贸易赤字状况 The bearish outlook has been validated today. From the level of 91,600, it has been declining all the way down to 89,632. $BTC has already experienced a nearly 2,000-point drop in this wave. $ETH has also followed the correction.
This rapid downward movement reflects the market's re-pricing of macro factors. Changes in trade patterns, fluctuations in economic data, all influence investor sentiment and risk appetite. In the short term, this correction space is already quite substantial. How it will develop next depends on whether the market can find new support levels.