The end of the bull market? The Federal Reserve's hawkish interest rate cut triggered a battle royale in the currency circle! Why do institutions collectively abandon ETH and turn to BTC?
Sudden death in a bull market? There is an amazing turning point behind Bitcoin’s plunge! Wall Street has begun to plan the next surge in Bitcoin. The flash crash of Bitcoin is just the beginning? The Fed's move collapsed the bull market belief! The end of the bull market? The Federal Reserve's "hawkish interest rate cut" triggered a battle royale in the currency circle! Why do institutions collectively abandon ETH and turn to BTC? 👉【Content Outline】 ✅ Current fluctuations and differentiation trends in the crypto market✅ Triple drivers of crypto market adjustment✅ Differences in crypto market behavior between institutions and retail investors✅ Key technical ranges for long-short games of cryptocurrency✅ Institutional crypto asset preferences reflected by ETFs✅ Future opportunities and investment strategies of crypto market [Previous wonderful videos] https://youtu.be/054h-Tn8FOI https://youtu.be/n5oDA14QcfM https://youtu.be/eJ0uLyvds7w https://youtu.be/1g7q7XBnWPI https://youtu.be/EVmIYfcs5f0 https://youtu.be/con7juX3v48 https://youtu.be/RpZBRtfGwbg [Main content of this video] Bitcoin sticks to the 109,000 US dollar mark: market truth and turnaround. The crypto market has adjusted drastically recently. Bitcoin fluctuated between 109,300 and 112,000 US dollars, Ethereum fell below 4,000 US dollars, and the entire network liquidation of US$1.7 billion hit a new high this year. The overall crypto market value was 3.7-3.9 trillion US dollars, shrinking by 6%-8% in a week. However, mainstream altcoins such as SOL (US$182) and BNB (US$970) resist declines, showing the characteristics of structural capital position adjustment. The adjustment stems from triple pressure: the Federal Reserve cut interest rates by 25 basis points to 4.00-4.25%, but Powell's attitude was hawkish, which made the expectation of looseness fail; the net outflow of US Ethereum spot ETF hit a record high of US$795.6 million, and the growth rate of net inflow of Bitcoin ETF slowed down; the resistance level of US$114,000 was difficult to break, forming a "twilight star" pattern, triggering a bull stop loss. The market behavior is significantly differentiated: retail investors panic selling, with long positions in 24 hours accounting for more than 95%; institutions operate rationally, and some giant whales purchased 20,000 ETH in a single day, but there are differences within institutions. For example, Ark Invest's Cathie Wood strongly supports Bitcoin, believing that its "digital gold" attribute is better than Ethereum, which faces Layer 2 competition. From a technical perspective, Bitcoin is in a "bearish flag shape", supporting US$107,000-107,500 and resistance of US$114,000-117,000. The short-term indicator is bearish, but the 200-term moving average is still supported. In terms of funds, the market risk appetite has declined, and funds are concentrated in Bitcoin, with a dominant rate of about 60.3%. Looking ahead, the short-term market may fluctuate for 30-60 days, and may be at the bottom in late October. If Bitcoin loses $110,000, it may fall $101,000-105,000, and Ethereum needs to hold $4,000. In the medium and long term, Bitcoin's anti-inflation attributes are still attractive under low interest rates. If Ethereum pledged ETFs at the end of the year is approved, it may welcome opportunities, and altcoins with ecological support such as SOL and BNB are worth paying attention to. Investors need to reduce leverage and stop profits in batches, and stay away from concept speculation targets. 👉 Video original: https://www.youtube.com/post/UgkxFnEEVop1uSKgVF6tx1u6svaFuXIavO-k [Note⚠️, cryptocurrencies are high-risk investments, and you may lose all your principal. If you don’t understand, it is recommended not to participate. This video does not have any investment advice, it is shared only as information]
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