Bitcoin Eagle 🦅 12.19 Accurate Market Analysis @everyone

Good morning, brothers, BTC has plummeted, altcoins are suffering, how to choose now?

Last night, the Federal Reserve lowered interest rates by 25 basis points as expected in December,

indicating a decreased willingness to cut rates next year, leading to a disaster.

The US stock market crashed, and the crypto market followed suit, with 250,000 people liquidated.

Including A-shares, European and Asian stock markets all experienced a sell-off.

We didn't publish an analysis right away this morning.

On-chain data shows that BTC outflowed 10,000 from yesterday to today,

Binance saw an inflow of 2,000 BTC, which is not much.

The proportion of whales on exchanges has decreased, not high.

After the Asian market woke up, panic emotions triggered another wave of sell-off.

In times of panic, we need to distinguish the larger trend:

BTC is continuously being bought up by substantial funds,

the purchase cost over the past month is above $90,000.

Therefore, the risk is not high.

The expectations for Trump's election have not been fully released yet.

So the current recommended strategy is:

We need to guard against BTC dropping to around $95,000 in the next couple of days.

Many altcoins have already dropped significantly, there is no need to cut losses.

Wait for the panic sentiment to dissipate,

there will still be bullets to buy the dip for BTC, BNB, and other relatively stable coins.

In the future, BTC is still expected to rebound and recover to above $100,000.