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BTC $64,823.32 +1.36%
ETH $1,920.91 +1.42%
BNB $591.87 +4.19%
XRP $1.08 +1.90%
SOL $74.62 +1.97%
TRX $0.3291 +0.94%
DOGE $0.0704 +0.32%
ADA $0.1712 +4.79%
BCH $220.87 +5.10%
LINK $8.48 +2.56%
HYPE $54.67 -0.04%
AAVE $99.83 +1.10%
SUI $0.7007 +2.53%
XLM $0.1724 +0.23%
ZEC $474.49 +2.07%

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
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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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