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ZEC $788.33 +3.12%
BTC $78,717.74 +0.43%
ETH $2,493.48 +2.60%
BNB $702.52 +1.61%
XRP $1.40 -2.82%
SOL $97.70 +0.95%
TRX $0.3355 -0.63%
DOGE $0.0859 -0.21%
ADA $0.2081 -0.30%
BCH $264.87 +0.41%
LINK $11.43 +1.34%
HYPE $81.73 +3.58%
AAVE $125.09 -1.06%
SUI $0.7476 -1.12%
XLM $0.1815 -1.36%
ZEC $788.33 +3.12%

Greeks.live: If BTC falls below $86,000, the market may experience a "vacuum zone" until the $72,000-$77,000 range

2025-02-26 21:28:41

ChainCatcher news, Greeks.live macro researcher Adam posted an English community briefing on the X platform stating that Bitcoin has plummeted from over $100,000 to a low of $80,000. Several traders believe that this round of selling may come from a "stealth" large seller, and a meaningful rebound will only occur after the selling is completed.

Traders described this decline as a "crisis spreading," with a key support level at $86,000. If this level is breached, the market may enter a "vacuum zone" until the $72,000-$77,000 range, with some even anticipating a further drop to $65,000.

The market experienced a single-day drop of $6,000, accompanied by a large number of forced liquidations, resulting in significant losses for most traders. Despite the gloomy market sentiment, some traders are still looking for potential range trading opportunities between $85,000 and $90,000, considering $89,000-$91,000 as important recovery levels. A minority opinion suggests that this is a buying opportunity, focusing on large buy orders at the $77,000 and $72,000 levels as potential bottoming areas.

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