Wintermute: $85,000 becomes a key level for BTC; the market may choose a direction soon.

01/27 10:55

Wintermute stated today that the current BTC price range shows signs of fatigue, but the market structure is not bearish; rather, it is stuck in a stalemate. The $85,000 support level has been tested multiple times and is either a solid bottom or a trap waiting to explode. Despite net outflows of US funds and continued compression of volatility, this support level still holds, indicating buying pressure below (albeit mild). Gold is playing the role that Bitcoin should be playing. The stock market is waiting for earnings reports to verify valuation rationality. Bitcoin is stuck in a "no man's land" — neither weak enough to break support nor strong enough to regain upward momentum. The macro environment is primed for a trending market, but the crypto market has yet to follow suit.

BullishBearishGostoPartilhar

Isenção de responsabilidade：O conteúdo acima não representa as posições da HTX.，A HTX não faz quaisquer recomendações de negociação.。