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BTC $77,298.37 +3.83%
ETH $2,424.92 +4.10%
BNB $639.79 +1.94%
XRP $1.48 +3.14%
SOL $89.18 +2.18%
TRX $0.3267 +0.08%
DOGE $0.1004 +2.81%
ADA $0.2615 +2.60%
BCH $454.29 +3.26%
LINK $9.66 +2.65%
HYPE $44.17 +1.33%
AAVE $117.06 +4.32%
SUI $1.01 +3.32%
XLM $0.1728 +4.76%
ZEC $332.44 -1.16%

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
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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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