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ETH $2,469.04 +0.89%
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AAVE $123.18 -2.68%
SUI $0.7380 -3.46%
XLM $0.1792 -3.59%
ZEC $784.68 +0.49%
BTC $78,415.49 -0.12%
ETH $2,469.04 +0.89%
BNB $698.45 +0.47%
XRP $1.37 -5.26%
SOL $96.65 -0.35%
TRX $0.3353 -0.75%
DOGE $0.0850 -1.70%
ADA $0.2052 -2.89%
BCH $261.18 -1.51%
LINK $11.27 -0.54%
HYPE $80.26 +0.39%
AAVE $123.18 -2.68%
SUI $0.7380 -3.46%
XLM $0.1792 -3.59%
ZEC $784.68 +0.49%

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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