#币圈生存法则
Crypto Market Alert! Bitwise Advisor bluntly states: The current market is fundamentally unfavorable for BTC to rise 🤯
The crypto market has received another heavy bearish signal! Bitwise Advisor Jeff Park's latest article directly douses the fantasy of a bull market 👇
On December 14th, news broke that Jeff Park clearly stated: The current market structure fundamentally does not support a substantial rise in Bitcoin! The core reason is too painful—on one hand, Bitcoin OG whales are still frantically selling, while on the other hand, the demand for ETFs and DAT is simultaneously slowing down, leaving the upward momentum completely hollowed out!
What’s more critical is the volatility signal: In November, implied volatility surged to 63%, but over the past two weeks, it was directly compressed to 44%! It's worth noting that Jeff Park had previously shouted, "Either volatility or death," and now that the volatility remains persistently low, it means that a breakthrough in the upward trend is difficult.
OG whale selling + slowing demand + low volatility, these three major bearish factors overlap; can BTC withstand this wave? The previous hour's liquidation of 55.71 million has not calmed down yet, and now institutions are turning bearish again. How will the crypto market proceed next? $BTC
