Post
๐๐ ๐๐ง๐๐๐ล
๐จ BTC & ETH SELL-OFF: BEARS IN CONTROL?
Iโve been calling for a short bias, and the move finally cameโjust much faster than expected. $BTC and $ETH both dropped sharply, so Iโve already closed part of my shorts to lock in profits. ๐
Rising US Treasury yields, a stronger dollar, hawkish Fed expectations, and ETF outflows remain key bearish factors.
$BTC failed repeatedly near $87K, while $ETH looks weaker. $BTCโs first support is $84K; for $ETH, losing $2,580 .
#SepFOMCRateHikeOutlook
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$82,761.6+0.00%
ETH/USDTEthereum
$2,450.66+0.00%
OKB/USDTOKB
$115.12+0.00%
Todayโs market buzz
1#CanBTCReboundLast
2#SpaceXQ3Earnings
3#NetflixQ3AdsAndMargins
