@digibytez
📉 Market Overview
$BTC dropped to around $87,500–$88,000 (down ~4%).
$ETH fell below $2,900 (down ~6%).
Overall market sentiment is bearish and risk-off.
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⚠️ Why the Market Fell
A liquidity issue caused by a DeFi platform (Yearn Finance) increased fear in the market.
Investors started December cautiously, leading to more selling.
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📊 Important Levels
BTC support: ~$80,400 (important “last floor”).
BTC resistance: ~$97,000 (where recovery might start).
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🔮 What It Means
High volatility expected in the short term.
Fed ending QT could bring long-term liquidity back, possibly positive for crypto later.
For now, market is weak but might stabilize if BTC holds above major support.
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