Yesterday, BTC briefly spiked to $90,000,
but altcoins did not follow, indicating calmness.
As BTC broke through 100,000 yesterday, large funds began to lay out bearish options.
Bearish options in the range of $75,000 and $70,000 have increased,
mainly concentrated at the end of December and the end of January next year, with some in the end of February next year.
Tonight, significant non-farm payroll data will be released, right at 9:30 PM.
If it exceeds expectations, it will be bearish for the crypto market.
Can the Federal Reserve obtain the first piece of the puzzle to pause interest rate cuts?
A key timeline is also coming up on December 11.
Microsoft shareholders will vote on whether to buy Bitcoin.
Although the CEO of MicroStrategy preached at CX a few days ago,
the board has now recommended shareholders vote against it.
The probability of passing is low, but if it passes, BTC could rise to $110,000.
From on-chain data, stablecoin inflows continue, while BTC flows out.
Currently, the risk is not too high.
During this time, we have recommended not to be greedy.
Take profits in batches; the USDT returned from profits should either not be used to buy BTC or be held without moving.
Absolutely do not take profits and then chase after the tenfold coins your friends told you about.
Currently, many altcoins have surged; there aren't many coins worth buying boldly.
STX, BNB, ETH hold patiently, and take profits in time.
Join VIP for more exclusive insights.
but altcoins did not follow, indicating calmness.
As BTC broke through 100,000 yesterday, large funds began to lay out bearish options.
Bearish options in the range of $75,000 and $70,000 have increased,
mainly concentrated at the end of December and the end of January next year, with some in the end of February next year.
Tonight, significant non-farm payroll data will be released, right at 9:30 PM.
If it exceeds expectations, it will be bearish for the crypto market.
Can the Federal Reserve obtain the first piece of the puzzle to pause interest rate cuts?
A key timeline is also coming up on December 11.
Microsoft shareholders will vote on whether to buy Bitcoin.
Although the CEO of MicroStrategy preached at CX a few days ago,
the board has now recommended shareholders vote against it.
The probability of passing is low, but if it passes, BTC could rise to $110,000.
From on-chain data, stablecoin inflows continue, while BTC flows out.
Currently, the risk is not too high.
During this time, we have recommended not to be greedy.
Take profits in batches; the USDT returned from profits should either not be used to buy BTC or be held without moving.
Absolutely do not take profits and then chase after the tenfold coins your friends told you about.
Currently, many altcoins have surged; there aren't many coins worth buying boldly.
STX, BNB, ETH hold patiently, and take profits in time.
Join VIP for more exclusive insights.