The price of Bitcoin has rebounded but faltered, with daily interest rate hikes looming overhead, and the alarm for a crash in altcoin bubbles has been sounded!

Last night, Bitcoin experienced a shocking wide fluctuation, soaring past 90,000 at 10 o'clock, only to be smashed back down to 86,000 in less than two hours, with selling pressure during the rebound fully visible and the bulls showing signs of weakness.

Tomorrow, Japan's interest rate hike will take effect, and by the end of the month, Bitcoin's attempt to break the previous high of 94,500 seems almost impossible. The key support at 80,000 will be closely monitored in the medium to long term, and if it effectively breaks down, a new round of decline will be directly opened.

Currently, the panic indicators have completely failed, and this round of market activity is highly likely to replicate the previous bear market, with panic emotions expected to persist.

Bitcoin has not broken its previous low, but altcoins are collectively crashing! ZEC, ASTER, and HYPE short positions are synchronously plummeting to new lows, and the valuation bubble of large-cap altcoins is far from being squeezed out; they will continue to explore down to reasonable ranges next year.

Jin Yingying is leading the team to ambush ETH, aiming to earn a guaranteed 200 points! Friends who want to seize this opportunity should quickly join the chat room to avoid pitfalls and lightning strikes, analyze trends in real-time, and lock in every opportunity for profit!

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