are you still bullish on $BTC or already believe in bear | Crypto_Alchemy on Binance Square

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are you still bullish on $BTC or already believe in bear market scenario ?#BTCVSGOLD 

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Will December be a Black Friday for the crypto market? This question has been lingering in the minds of quite a few traders lately. In the past few days, the price swings have been getting narrower and narrower. Thinking back to a while ago, a random wave could easily bring thousands of points in violent volatility. But now? The tug-of-war between bulls and bears is about to come to a head, and the price has been squeezed into a tight range. The rhythm is actually quite obvious weak and sluggish during the Asian and European sessions, then a sudden surge before or after the US session, but unable to hold at the close. With this kind of movement, both bulls and bears have opportunities. A one-sided trend is all about guts; in a choppy market, it’s about finding the right position. Right now, the 89,000 to 93,000 range is a huge washout zone, and everyone’s waiting for that final rate cut decision from the Fed in December. As for trading: if BTC touches the 92,600-93,000 line, you can consider going short, targeting around 91,000, and if it breaks below 90,700, then look at 89,500; but if it holds above the 90,700 support, going long around there isn’t out of the question either. $BTC $ETH All these mainstream coins are currently waiting to see how this level plays out. When the market is unclear, don’t rush to buy the dip if the price hasn’t hit your psychological level; don’t panic-sell if it hasn’t reached your target either. Whether you’re buying, selling, or just holding, the core is two words: patience. And another key word: discipline.

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Midday review is here! Last night, the Bank of Japan once again hinted at a rate hike this month, and the market immediately responded with a blow—ETH instantly dropped to 3065. This move really caught a lot of people off guard. However, after the rate cut news came out of India this morning, the market rebounded slightly, giving everyone a bit of breathing room. Here’s the key point: Tonight at 11 p.m., the U.S. will release the annualized Core PCE Price Index data for September. This indicator is one of the most closely watched inflation gauges by the Federal Reserve and directly impacts future monetary policy decisions. Based on past experience, if the PCE data exceeds expectations, market volatility won't be small. It’s recommended that everyone manage their positions in advance—especially high-leverage traders. Take profits or cut losses where needed, and don’t wait until the data comes out to panic.

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Pullback again ? market slowdown before weekend

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