⚡12.16 early morning "nuclear explosion"! The crypto market suddenly faced a lightning crash, breaking the 87,000 USD threshold in seconds, with 140,000 traders liquidated and a bloodbath of 270 million in positions!
🔥💢💥 At 3 a.m., a terrifying kill spree! After a frustrating sideways consolidation, the market plummeted off a cliff, screens flooded with green, blindingly bright. Long positions were wiped out and liquidated on the spot! 🔥💢💥 Who can withstand this early morning "surprise"? On December 16, early morning, the crypto market unexpectedly "turned hostile". Bitcoin first broke through the crucial support of 87,000 USD, plunging to a low of 85,833 USD📉, a 24-hour drop of over 3%, hitting a new low since December! Ethereum fared even worse, breaking through the 3,000 USD mark in seconds, dropping as low as 2,955 USD, a single-day decline of 4.2%; SOL, XRP, Dogecoin all "dove" by 3%-5%; small and mid-cap coins were warned of "half-value cuts," dropping over 10% in a single day, with community members lamenting continuously!
This is not just a market trend—it's a scene of a brutal early morning slaughter! A few days ago, the market was oscillating narrowly, both bulls and bears lost patience. Suddenly, a massive bearish candle "descended from the sky," smashing through all support levels, causing contracts to instantly rupture💥:
- 140,000 traders liquidated within 24 hours, with $272 million evaporating to zero💸; - 85% of liquidations involved longs (over $240 million), bloodbath for bulls; - Hyperliquid platform's ETH contracts saw a single liquidation of $4.85 million, equivalent to 34 million RMB wiped out!
The "three deadly weapons" behind the sudden downturn: ✅💣 The Federal Reserve's rate cut expectations have completely cooled: the chance of a rate cut in January next year is only 24.4%, with a 75.6% chance of maintaining high interest rates. Powell's vague statements and hawkish officials' remarks tighten liquidity and hammer risk assets; ✅📉 Leading institutions dump and turn bearish: Standard Chartered slashed Bitcoin's target price from 200,000 to 100,000 USD, also claiming "big investors have exhausted their buying," ETF capital flow is weak, unable to support high valuations; ✅🌍 Geopolitical tensions add chaos: US and Ukraine closed-door talks hinted at "major progress" but no official announcement, causing market panic. Combined with Bitcoin already down 27% from October's high, the technicals are so fragile that a small crash causes a collapse!
After all this waiting, what we got was not year-end market trends but precise early morning slaughter! Retail traders with long positions woke up to see their accounts wiped clean, and the community is full of cries like "I was blown up to question life," "stayed awake from 3 a.m. till dawn"—this is the crypto world, draining your patience during slow times and striking at dawn, leaving no chance for stop-loss!
🗣 The comment section exploded: Did you get caught in this 12.16 early morning flash crash? Will Bitcoin drop below 80,000 USD next? $BTC $ETH $GT
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FoxFox
· 12-16 09:39
Are we in bear market now , are we go wait now next 3 years when all start to move up back also altcoins ?? ☕☕☕📈📉💡🔦📊
#BTC行情分析
⚡12.16 early morning "nuclear explosion"! The crypto market suddenly faced a lightning crash, breaking the 87,000 USD threshold in seconds, with 140,000 traders liquidated and a bloodbath of 270 million in positions!
🔥💢💥 At 3 a.m., a terrifying kill spree! After a frustrating sideways consolidation, the market plummeted off a cliff, screens flooded with green, blindingly bright. Long positions were wiped out and liquidated on the spot! 🔥💢💥
Who can withstand this early morning "surprise"? On December 16, early morning, the crypto market unexpectedly "turned hostile". Bitcoin first broke through the crucial support of 87,000 USD, plunging to a low of 85,833 USD📉, a 24-hour drop of over 3%, hitting a new low since December!
Ethereum fared even worse, breaking through the 3,000 USD mark in seconds, dropping as low as 2,955 USD, a single-day decline of 4.2%; SOL, XRP, Dogecoin all "dove" by 3%-5%; small and mid-cap coins were warned of "half-value cuts," dropping over 10% in a single day, with community members lamenting continuously!
This is not just a market trend—it's a scene of a brutal early morning slaughter!
A few days ago, the market was oscillating narrowly, both bulls and bears lost patience. Suddenly, a massive bearish candle "descended from the sky," smashing through all support levels, causing contracts to instantly rupture💥:
- 140,000 traders liquidated within 24 hours, with $272 million evaporating to zero💸;
- 85% of liquidations involved longs (over $240 million), bloodbath for bulls;
- Hyperliquid platform's ETH contracts saw a single liquidation of $4.85 million, equivalent to 34 million RMB wiped out!
The "three deadly weapons" behind the sudden downturn:
✅💣 The Federal Reserve's rate cut expectations have completely cooled: the chance of a rate cut in January next year is only 24.4%, with a 75.6% chance of maintaining high interest rates. Powell's vague statements and hawkish officials' remarks tighten liquidity and hammer risk assets;
✅📉 Leading institutions dump and turn bearish: Standard Chartered slashed Bitcoin's target price from 200,000 to 100,000 USD, also claiming "big investors have exhausted their buying," ETF capital flow is weak, unable to support high valuations;
✅🌍 Geopolitical tensions add chaos: US and Ukraine closed-door talks hinted at "major progress" but no official announcement, causing market panic. Combined with Bitcoin already down 27% from October's high, the technicals are so fragile that a small crash causes a collapse!
After all this waiting, what we got was not year-end market trends but precise early morning slaughter! Retail traders with long positions woke up to see their accounts wiped clean, and the community is full of cries like "I was blown up to question life," "stayed awake from 3 a.m. till dawn"—this is the crypto world, draining your patience during slow times and striking at dawn, leaving no chance for stop-loss!
🗣 The comment section exploded: Did you get caught in this 12.16 early morning flash crash? Will Bitcoin drop below 80,000 USD next? $BTC $ETH $GT