Update (English)
Today Bitcoin ($BTC ) is trading roughly around $USD1 86,900.
Markets remain under pressure — Bitcoin has dropped significantly from its October peak (~$USD1 126,000), marking more than a 30 % decline.
Contributing factors: global risk-off sentiment driven by macroeconomic uncertainty (e.g. rising bond yields, interest-rate concerns), weak demand, and liquidity stress.
Technical outlook for December remains cautious: downside may stretch toward USD 80,400, while reclaiming USD 97,000–98,000 would be needed to re-establish bullish momentum.
🔍 What’s Driving the Current Trend
The setback started after rapid gains and a surge in leveraged and institutional inflows. Now, as fears build around interest rates and global economic stability, many investors are reducing exposure to risk — including crypto.
Market liquidity has weakened. High leverage + shallow order-books means large sell orders can trigger steep drops (liquidations), amplifying volatility.
Structural factors matter too: as supply growth slows (due to limited issuance), demand dynamics—especially from institutions & long-term holders—are becoming more influential.
⚠️ What to Watch Out For (Risks & Signals)
Volatility is high: BTC could swing widely on economic news, interest-rate decisions, global risk-sentiment changes, or major sell-offs.
For now, key technical thresholds: a drop below ~USD 80,400 could trigger deeper losses; on the upside, recovery hinges on breaking ~USD 97,000–98,000.
External factors — monetary-policy changes, global economic instability, or regulatory shifts — may strongly impact price direction in the near term.
