$BTC fell all the way down after falling below the 100,000 round number today, accelerated after falling below 97,000, and stopped falling until 92232. This is also the support position where buying orders are piled up around 92,000 as mentioned in the previous article. And quickly rebounded to more than 96,000. Next, I hope to use the market to replace the decline and hold on until January.

After three dips following the earlier high of 104,000 at #BTC重返10万 $BTC , the retracement was limited, and two days later, sell orders were engulfed (of course, some were) short positions being closed.
We can observe a key point: the borrowing rate of funds has significantly decreased, and the interest rate for USDT's spot lending has rapidly declined, indicating one thing: leverage utilization has decreased, the vehicle is lighter, which is a good thing.
Currently, the psychological support is between 97,000 and 100,000, with previous buy orders accumulating support around 920,000, so not much capital is needed to lift the index.
Let's wait and see if there will be a Christmas gift market.

#美联储12月降息预期上升