In just one day, over $200 million in market value evaporated, yet $BTC broke through the $87,000 barrier with strength. Behind this seemingly brutal market is a wealth logic that most ordinary investors have yet to perceive.
Just last night, a few words from a heavyweight official at the Federal Reserve caused the market's probability of a rate cut in December to double. This is not a coincidence; it feels more like the prelude to a shift in monetary policy, quietly beginning.
01 Late-night breaking news: The Federal Reserve releases key signals
When New York Fed President Williams mentioned that 'there is room for further rate cuts,' alarms on trading platforms went off almost simultaneously. Even more noteworthy is the statement from Governor Milan: 'There is no need to slowly move towards neutral levels'—this has almost been interpreted as a clear signal that the Federal Reserve is about to accelerate its actions.
Please remember Williams and Milan. Their statements may influence your asset fluctuations more than any chart pattern.
02 Long and short showdown: $138 million in short positions were liquidated
While the public remains obsessed with price trends, the real game has already unfolded in the leveraged market:
· Bitcoin broke through $87,000, and Ethereum held the $2,820 level
· More than 60% of the orders that were forcefully liquidated were in the short direction
· $XRP surged 7.54% in a single day, demonstrating a typical 'short squeeze' trend
This is not a normal market correction, but rather a collective suffering ground for shorts.
03 Future projections: How to grasp the rhythm in the next three days?
History does not repeat itself simply, but there are always insights:
· Bitcoin's market cap accounts for 58.59%, showing that funds are flowing toward 'crypto gold'
· Hong Kong suddenly lifted restrictions on wallet pools, the timing is thought-provoking
· China issued a risk warning on stablecoins, regulatory trends are worth being vigilant about
Real smart money has already started: they do not chase prices unilaterally, nor do they stubbornly hold bearish positions, but instead keenly capture the best opportunities in policy gaps.
The Federal Reserve's easing cycle is approaching, while the crypto market's deleveraging process has just begun. 2024 may usher in an important asset allocation turning point - you either stay alert and join the ranks of the 10% insightful, or you become another cold number on the liquidation list.
As an insider said: 'At this moment, one should not gamble on luck, but strategize.'
