BTC suddenly fell! Futures Pingduo became the behind-the-scenes pusher? 94600 became a critical life and death line
Crypto_Painter2024/12/27 05:50
By:Crypto_Painter
According to the latest interpretation Crypto_Painter crypto analysts, the price of BTC has fallen rapidly recently, but the premium level remains stable, indicating that the decline may be driven by the flat long or active short selling of
Future Market, while the funding rate remains at a low level. Technically, the blue line at 94600 in the ASR 4-hour channel has become a key support level. As long as it is not effectively broken, the market can still be regarded as a normal oscillating trend.
In addition, although the market had previously expected the risk of "post-Christmas painting door", the current decline is relatively small, and the participation of spot selling is not high, which does not show a deeper selling pressure signal for the time being.

0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chainlink holds 63% oracle market share as LINK price tests resistance
TheCryptoUpdates•2025/10/15 00:21

Ethereum faces $20,000 price target to overtake Bitcoin market cap
TheCryptoUpdates•2025/10/15 00:21

Powell signals support for further rate cuts as U.S. job market cools
Cointime•2025/10/14 22:27
US seeks forfeiture of $14B in Bitcoin from Chen Zhi's pig butchering scam
Cryptobriefing•2025/10/14 22:21
