Everyone is waiting for the rate cut in December. There’s a 92% probability, the highest consensus in history. People didn’t dare to make a move when BTC was at $91,000. If you buy now, you’re afraid the price will drop before the rate cut. If you sell now, you’re afraid the price will rise after the rate cut. In November, ETFs saw $3.5 billion in outflows, the second-largest single-month redemption in history. Early December saw a flash crash, dropping $4,000 in 2 hours, with over 400 million positions liquidated. The Fear Index shows extreme fear. This isn’t waiting for good news—it’s waiting for liquidation.

BTC2.14%
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