Bitcoin rebound fails, daily interest rate hike pressure peaks, altcoin bubble burst warning sounds the alarm!


Last night, Bitcoin experienced a wild and wide-ranging fluctuation, surged above 90,000 at 10 o'clock, only to be hammered back to 86,000 in less than two hours. The rebound selling pressure was overwhelming, and the bulls showed signs of exhaustion.
Tomorrow, the Japanese interest rate hike will be implemented. It is basically hopeless for Bitcoin to break the previous high of 94,500 by the end of the month. Keep a close eye on the 80,000 key support level in the medium to long term. Once it is effectively broken, a new downtrend channel will open directly.
Currently, the panic indicator has completely failed. This round of market movement is highly likely to replicate the last bear market, and panic sentiment still needs to persist.
Before Bitcoin breaks its previous low, altcoins are collapsing collectively! ZEC, ASTER, HYPE short positions are simultaneously plunging to new lows. The valuation bubbles of large-cap altcoins are far from being squeezed out, and next year they will continue to decline to a reasonable range.

Jinyingying leads the ETH ambush, aiming for a guaranteed 200 points profit! Avoid pitfalls and traps, analyze movements in real-time, and lock in every Yingli trend!
BTC0.04%
ZEC4.62%
ASTER4.32%
HYPE0.31%
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