Why Bitcoin Is Down Today (And Why It’s Being Misunderstood)
Bitcoin is under pressure today for a very specific reason — and it’s not macro, ETFs, or “market fear.”
It’s coming from China, and timing matters.
China has once again tightened restrictions on domestic Bitcoin mining. In Xinjiang, a major mining region, a large number of operations were shut down in December.
Estimates suggest ~400,000 miners went offline in a short period.
You can already see the impact on-chain:
Network hashrate is down ~8%
When miners are suddenly forced offline, several things happen quickly:
Mining revenue drops immediately
Operators need cash to cover expenses or relocate
Some miners are forced to sell BTC
Short-term uncertainty increases
That creates real sell pressure, not speculation.
Important distinction: 👉 This is not a demand problem. 👉 It’s a temporary supply-side shock caused by regulation.
We’ve seen this exact pattern before: China cracks down → miners shut off → hashrate dips → price weakens → difficulty adjusts → network recovers.
Short term, volatility and downside pressure are possible. Long term, this changes nothing about Bitcoin’s fundamentals.
Bitcoin has already survived this playbook — more than once.
$FLOKI is at a very low price right now — potential upside ahead!
💵 Example: Invest $50 now — if FLOKI climbs even to $0.0001, the return could be substantial.
📈 With technical indicators showing possible stabilization and rebound potential, this could be a dip worth watching.
⚠️ As always with meme- and utility-coins: high upside, but also high risk. Keep your funds manageable and trade responsibly.
📌 What’s the current situation $FLOKI is trading around $0.000049 – $0.00005. Some analysts suggest a potential near-term bounce toward $0.000055, if oversold conditions correct.
On the other hand, longer-term upside to previous highs or higher remains speculative — any significant rally would likely require strong market momentum.
⚠️ Key Risks & What to Watch
High volatility: FLOKI remains a high-risk, high-reward token — price swings can be sharp.
Supply and tokenomics: With a very large circulating / total supply, substantial upside (to $0.1 or more) would likely require extraordinary demand or token burns.
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New derivatives data shows that nearly $3B worth of Ethereum short positions could be liquidated if ETH reaches the $3,500 level. This level has become a key liquidity zone and could trigger a short squeeze.
🔥 Why $3,500 Matters
• Many leveraged shorts are placed near this zone • A breakout confirms bullish momentum • Psychological barrier attracting buyers
💥 If ETH breaks above $3,500
Massive short liquidations
Buying pressure increases
Altcoins may follow
Higher market volatility
Futures traders reposition
📌 Key Things to Watch
Price zone: $3,450 – $3,500
Funding rates rising
Open interest dropping during pumps
BTC’s directional trend
⏳ Short-Term Outlook
If a short squeeze begins, ETH could move above $3,500 and potentially form new short-term highs and momentum.
However, a rejection before $3,500 may give bears temporary control.
🔚 Final Take
Ethereum is entering a critical zone with heavy liquidations on the line. A move above $3,500 could trigger strong upside momentum and increased volatility.
Bitcoin Hype Dialed Back: Tom Lee Softens $250K Call
Wall Street’s biggest $BTC bull just cooled off. Tom Lee—who once shouted $250K by end-2025—now calls that target only a “maybe.” He still thinks BTC can break back above $100K and even retest the $125K ATH, but the explosive, guaranteed moonshot is no longer his base case.
Lee says the long-term outlook is still strong, with crypto’s biggest gains often packed into just a few trading days each year. But he also warns that Bitcoin can still see 50% drawdowns, even with ETFs and institutional inflows.
Why it matters: When a major bull turns cautious, the market pays attention. The narrative is shifting from “inevitable parabolic rally” to “high-reward, high-volatility grind.” Expect more accumulation and consolidation rather than straight-up fireworks.
The bull case isn’t gone—it’s just humbler. Buckle up.
LINK has rejected its recent resistance zone and is now showing clear bearish pressure. A short position from this level aligns well with the current momentum.
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Early uptrends don’t explode instantly — they start slow, with subtle strength building first. That’s exactly what SEI is showing now.
The fundamentals have been solid for months: consistent ecosystem updates, new integrations, faster execution. They kept building while the market cooled off, and that often leads to a strong delayed move when sentiment turns.
This weekly candle is the first real sign of life — not a breakout yet, but a clean start to a potential reversal. Now we just need confirmation with another strong weekly close.
No hype. No guessing. Just steady structure forming.
LINK has rejected its recent resistance zone and is now showing clear bearish pressure. A short position from this level aligns well with the current momentum.
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Right now my focus is on the market structure and the current wave counts. There’s still a possibility that this entire move evolves into a larger, longer-term correction, but we need to see how the price action unfolds. For now, the market is stuck in chop, mostly waiting on the backlog of U.S. economic data set to drop between now and December 10th.
That data will heavily influence the Fed meeting on December 10th, and whatever direction the Fed takes is likely to shape risk sentiment for the next few months. For a true bullish shift, we need a clear change in monetary policy — something I broke down in detail in yesterday’s post.
At this stage, I’m potentially watching for a relief bounce on Bitcoin.
$ASTER Looks good. If you not buying this token yet you can buy fast for big move, don't be late,it will be returned you good profit inshallah.So let's buy and hold for big move soon🚀
$ZEC is holding strongly above the mid-range after rejecting from 743 and is now stabilizing around 699. As long as price stays above 685 support, the structure still favors another upward push toward recent highs.
$STRK The Kind of Chart That Makes You Add More Without Thinking Twice {spot}(STRKUSDT) Some moves don’t need hype, the chart already speaks louder than any words. STRK just broke out of its entire 10-month accumulation zone, and this is exactly the kind of structure that traders love because it’s clean, obvious, and finally moving after months of silence.
STRK sat in that grey box for almost a year while the market ignored it. No trend, no breakout, just slow compression. That’s usually where the real winners are born. When price finally escapes a range that long, the market tends to follow with real conviction, not small candles.
Now look at where STRK is sitting: just above resistance, retested, and lifting again.
That’s the kind of behaviour you normally see at the start of a bigger cycle, not the end of one.
The blue zone above shows how much empty space there is on the chart. No major resistance until far higher levels, because the entire mid-range was never tested on the way down.
When a chart has that much clean air above it, traders naturally want exposure. It’s the same pattern you’ve seen before with other runners, they wake up from long bases and rarely stop at the first ceiling.
This is why people keep saying “add more.”
It’s not emotion, it’s structure.
This breakout didn’t come from nowhere. It came after months of pressure building underneath.
STRK is finally running its own cycle.
And the boys really do love this kind of setup, easy chart, clean invalidation, massive upside room.