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BTC $79,132.80 -0.70%
ETH $2,489.67 +0.10%
BNB $740.20 -0.99%
XRP $1.40 -0.93%
SOL $104.09 -1.85%
TRX $0.3340 -0.34%
DOGE $0.0902 +1.22%
ADA $0.2217 +1.54%
BCH $262.74 +2.59%
LINK $12.95 +5.33%
HYPE $85.58 -2.54%
AAVE $132.19 -0.65%
SUI $0.8189 +2.63%
XLM $0.1920 +4.37%
ZEC $1,166.94 -1.56%

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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