[Coin World] On September 1, Vincent Liu, the Chief Information Officer of a research institution, stated that inflation data has intensified bearish market sentiment, which initially emerged after a series of large-scale Bitcoin whale dumping triggered the liquidation of leveraged positions. Vincent Liu believes: "The key psychological support level for Bitcoin is at $100,000, and leveraged positions are under pressure, highlighting its fragile liquidity." He also added that the key support level for Ether is at $4,000. "If these support levels are breached, it could trigger deeper declines and broader liquidity tightening, but a true bear market requires more sustained falls." Regarding this week's US Non-farm Payrolls (NFP), Vincent Liu noted, "A significant surprise in job growth could lead to severe market fluctuations—strong data could pressure Crypto Assets due to decreased risk appetite, while data weaker than expected could boost demand."
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SchroedingerAirdrop
· 09-04 06:15
What if I'm bearish? Continue to buy the dip.
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ApeDegen
· 09-03 22:31
Laughing to death, who can withstand 100,000 dollars?
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SlowLearnerWang
· 09-03 11:46
The key support levels have been mentioned, and it can still fall. I am too scared to place an order now.
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Layer2Arbitrageur
· 09-01 07:02
*sigh* running liquidation arb calcs rn... these whales r leaving 230bps on table smh
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OnchainDetective
· 09-01 07:00
Are the suckers still rising after being played for suckers?
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GreenCandleCollector
· 09-01 06:51
What kind of support is 4000 dollars? It will still break and flow in one wave.
Inflation data and whale dumping trigger bearish sentiment; Bitcoin at $100,000 may become a key support.
[Coin World] On September 1, Vincent Liu, the Chief Information Officer of a research institution, stated that inflation data has intensified bearish market sentiment, which initially emerged after a series of large-scale Bitcoin whale dumping triggered the liquidation of leveraged positions. Vincent Liu believes: "The key psychological support level for Bitcoin is at $100,000, and leveraged positions are under pressure, highlighting its fragile liquidity." He also added that the key support level for Ether is at $4,000. "If these support levels are breached, it could trigger deeper declines and broader liquidity tightening, but a true bear market requires more sustained falls." Regarding this week's US Non-farm Payrolls (NFP), Vincent Liu noted, "A significant surprise in job growth could lead to severe market fluctuations—strong data could pressure Crypto Assets due to decreased risk appetite, while data weaker than expected could boost demand."