SUMMARY OF INFORMATION FROM MULTIPLE SOURCES FOR THOSE WHO KEEP TRACK OF INFORMATION
Why did
$BTC drop to $85,000 and has not been able to bounce back strongly?
1๏ธโฃ Global macroeconomic conditions are uniformly poor
โข The Fed cuts interest rates but the tone remains "hawkish" โ liquidity has not returned.
โข The Bank of Japan (BOJ) is preparing to raise interest rates โ yen carry trade is being unwound, money is exiting risky assets.
โข Bond yields are rising โ BTC is under pressure like stocks.
2๏ธโฃ Liquidity in December is extremely low
โข Holiday season, large institutions cease trading, year-end closure.
โข Volume drops sharply, order book is thin โ prices can be quickly swept down even without major bad news.
3๏ธโฃ The market is highly leveraged
โข When BTC broke below $90,000, over $200 million in long positions were liquidated within hours.
โข Forced selling created a domino effect โ prices quickly fell to $85,000.
4๏ธโฃ Whales + ETFs are not supportive
โข Whales are distributing, BTC ETFs recorded outflows.
โข Lack of "new money" from the US โ every recovery attempt is weak and quickly sold down.
5๏ธโฃ Market makers sell at sensitive moments
โข Wintermute is suspected of selling about $1.5 billion in BTC to balance risk.
โข Selling in thin liquidity conditions โ amplifies the downward trend.
6๏ธโฃ Market sentiment is extremely weak
โข Fear & Greed is in a prolonged state of fear.
โข No strong catalysts (new ETFs, Fed pivot, major events) โ no real pump occurs.
#BTC่ตฐๅฟๅๆ #Market_Update