#ETH走势分析 On Monday, the crypto market was bloodied, with nearly $1 billion in leveraged long positions directly getting liquidated. $BTC At one point, it fell 8% to touch $83,824 — down nearly 30% from the October peak; $ETH even worse, it plummeted 10% in a single day, hitting a low of $2,719, evaporating 36% of its market capitalization in seven weeks. What about those altcoin indices? This year, they have been cut in half again and again, with a drop approaching 70%.
Looking back at the sell-off at the beginning of October, about $19 billion in leveraged positions evaporated. The performance of the U.S. spot Bitcoin ETF has also been weak—last week it recorded only $70 million in net inflows, while there was a net outflow of $4.6 billion over the past month. Industry insiders bluntly stated that the beginning of December is in a risk-averse mode, with ETF fund interest being tepid, and this month is likely to continue facing headwinds. Now all eyes are on the key support at $80,000.
Ultimately, the recent fall in digital currencies is closely linked to the global macro turmoil. This week, the United States will release a series of economic data that could directly impact the Federal Reserve's interest rate decision-making path. Interestingly, Trump recently revealed that he has nominated a candidate for the next Federal Reserve chairman and has publicly stated his hope to promote interest rate cuts. The market is now waiting to see if these policy signals can provide some breathing room for $BNB and other mainstream coins.
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NFTHoarder
· 27m ago
Making money is not as good as buying the dip greedily.
#ETH走势分析 On Monday, the crypto market was bloodied, with nearly $1 billion in leveraged long positions directly getting liquidated. $BTC At one point, it fell 8% to touch $83,824 — down nearly 30% from the October peak; $ETH even worse, it plummeted 10% in a single day, hitting a low of $2,719, evaporating 36% of its market capitalization in seven weeks. What about those altcoin indices? This year, they have been cut in half again and again, with a drop approaching 70%.
Looking back at the sell-off at the beginning of October, about $19 billion in leveraged positions evaporated. The performance of the U.S. spot Bitcoin ETF has also been weak—last week it recorded only $70 million in net inflows, while there was a net outflow of $4.6 billion over the past month. Industry insiders bluntly stated that the beginning of December is in a risk-averse mode, with ETF fund interest being tepid, and this month is likely to continue facing headwinds. Now all eyes are on the key support at $80,000.
Ultimately, the recent fall in digital currencies is closely linked to the global macro turmoil. This week, the United States will release a series of economic data that could directly impact the Federal Reserve's interest rate decision-making path. Interestingly, Trump recently revealed that he has nominated a candidate for the next Federal Reserve chairman and has publicly stated his hope to promote interest rate cuts. The market is now waiting to see if these policy signals can provide some breathing room for $BNB and other mainstream coins.