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ETH $2,494.23 +1.09%
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SUI $0.7508 -1.85%
XLM $0.1830 -1.29%
ZEC $784.31 +0.06%
BTC $78,724.61 -0.55%
ETH $2,494.23 +1.09%
BNB $702.91 +0.75%
XRP $1.41 -2.82%
SOL $100.90 +3.61%
TRX $0.3352 -0.46%
DOGE $0.0867 -0.13%
ADA $0.2088 -1.66%
BCH $268.25 -0.59%
LINK $11.51 +0.83%
HYPE $81.03 -0.91%
AAVE $124.96 -2.34%
SUI $0.7508 -1.85%
XLM $0.1830 -1.29%
ZEC $784.31 +0.06%

Greeks.live: If BTC falls below $86,000, the market may experience a "vacuum zone" until the $72,000-$77,000 range

2025-02-26 21:28:41

ChainCatcher news, Greeks.live macro researcher Adam posted an English community briefing on the X platform stating that Bitcoin has plummeted from over $100,000 to a low of $80,000. Several traders believe that this round of selling may come from a "stealth" large seller, and a meaningful rebound will only occur after the selling is completed.

Traders described this decline as a "crisis spreading," with a key support level at $86,000. If this level is breached, the market may enter a "vacuum zone" until the $72,000-$77,000 range, with some even anticipating a further drop to $65,000.

The market experienced a single-day drop of $6,000, accompanied by a large number of forced liquidations, resulting in significant losses for most traders. Despite the gloomy market sentiment, some traders are still looking for potential range trading opportunities between $85,000 and $90,000, considering $89,000-$91,000 as important recovery levels. A minority opinion suggests that this is a buying opportunity, focusing on large buy orders at the $77,000 and $72,000 levels as potential bottoming areas.

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