$BTC 🔥The Bank of Japan's interest rate hike shocks! BTC surges and then falls, hiding secrets; $85,000 becomes the lifeline!📉
After encountering resistance at the $90,000 level, BTC has fluctuated and corrected due to expectations of a Bank of Japan interest rate hike, currently priced at about $87,613! Although it has slightly increased by 1.78% in 24 hours, seemingly resilient, the market has long been turbulent—fear and greed index is only 25 (extreme fear), with a net outflow of over $430 million from spot ETFs for two consecutive days, funds are fully in risk-averse mode!
📊 The technical outlook presents a "bipolar situation": the hourly MACD golden cross releases short-term rebound signals, but the daily chart reveals a bearish flag pattern. If the key support at $85,000 is lost, it may trigger a new round of corrections! Currently, BTC's market capitalization is firmly at $1.75 trillion, with a dominant position of 59%. Behind the $42.1 billion trading volume in 24 hours is fierce competition between bulls and bears around the resistance zone of $87,500-$88,000.
⚡Core risks are approaching: The Bank of Japan's interest rate decision will be announced on December 19, and the market fears this could trigger large-scale yen arbitrage trading liquidation—investors may sell BTC to repay yen debts, and historical data since 2024 shows that the Bank of Japan's tightening has often led to BTC plummeting over 20% within weeks!
💡Trading strategy: In the face of macro uncertainty, risk control is key. It is recommended to closely monitor the breakthrough situation of the $85,000 support and $88,000 resistance, avoid blindly chasing highs, and wait for clear signals before taking action!
I will do my best to hit 30K fans. Everyone should pay attention to me. From now on, red envelopes will distribute BTC🧧, and BTC will be distributed every day until the 30K target is achieved!#BTC
I will do my best to hit 30K fans. Everyone should pay attention to me. From now on, red envelopes will distribute BTC🧧, and BTC will be distributed every day until the 30K target is achieved!#BTC