The $BTC December Bet: 38% Chance of a Crash? 🚨
The market is flashing extreme uncertainty for December. Polymarket data reveals a massive skew toward downside risk, suggesting traders are bracing for impact rather than celebrating a rally.
The probability of $BTC collapsing below 80,000 is priced at a staggering 32%, with a non-trivial 6% chance we see 70,000. This 38% combined downside risk dwarfs the bullish conviction. Only 9% of the market is betting on a break above 100,000.
This bearish sentiment is dragging on $ETH and $SOL, confirming that volatility is far from over. Downside risk dominates the current outlook. Risk management is paramount. 🛡️
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BTCUSDT
Perp
86,686
-0.73%
ETHUSDT
Perp
2,832
-3.91%
SOLUSDT
Perp
123.75
-3.44%