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ZEC $507.58 +2.24%
BTC $63,820.57 -0.35%
ETH $1,785.99 -0.43%
BNB $572.13 -0.46%
XRP $1.09 -0.76%
SOL $76.48 -1.84%
TRX $0.3294 -0.16%
DOGE $0.0728 -1.50%
ADA $0.1645 -1.19%
BCH $244.28 -0.01%
LINK $7.90 -0.67%
HYPE $66.84 -0.66%
AAVE $98.25 +3.30%
SUI $0.7265 -1.42%
XLM $0.1845 -3.29%
ZEC $507.58 +2.24%

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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