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Bitcoin falls below Tom Lee's "bull-bear dividing line," market bearish sentiment heats up

MarsBitNews
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Mars Finance News: The cryptocurrency market continues to be under pressure. Bitcoin once fell below Tom Lee's proposed $76k "bull-bear dividing line" and is fluctuating near the $75k support level. Previously, Bitcoin failed to break through the $78k resistance level, triggering concerns of a renewed bear market signal. Ethereum also weakened, but the US stock market continued to diverge from the crypto market trend, with the S&P 500 and Nasdaq 100 futures both hitting record highs. Additionally, September-expiring Bitcoin put options with a strike price of $55k became one of the most actively traded contracts in the past 24 hours, reflecting increased market hedging demand against further Bitcoin declines.
BTC-1.57%
ETH-0.62%
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SushiSlippage
· 4h ago
78,000 resistance has become a formidable barrier, after three attempts it all pulled back, it's a bit subtle.
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MoonlightMineralWater
· 4h ago
Is the put option with a strike price of 50k so popular—true love or just fear?
View OriginalReply0
PineLiquidityPool
· 4h ago
Are concerns about a bear market resurfacing? Worries have never stopped; some just pretend they don't see them.
View OriginalReply0
BlackGoldMechanicalHand
· 4h ago
I'm familiar with the script of repeatedly rubbing around 75,000, with both bulls and bears exploding.
View OriginalReply0
GateUser-78b4adc8
· 4h ago
Traditional finance celebrates, DeFi lies flat; who understands this sense of disconnection?
View OriginalReply0
Paper-SculptedOctopusPool
· 4h ago
Options data is more honest than candlestick charts; the market is actually betting on a deeper pullback.
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GateUser-0b71fc11
· 4h ago
76,000 held for so long, if they don't attack the multi-head soon, they'll lose confidence.
View OriginalReply0
SudoSoul
· 4h ago
The S&P hits new highs every day, BTC fluctuates daily, and this correlation just breaks off whenever it wants.
View OriginalReply0
MoonlightDisconnectSwitch
· 4h ago
Ethereum keeps falling without rising; its second-place position is becoming more and more fragile.
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NonceNinja
· 4h ago
The bull and bear boundary is just a psychological threshold; breaking through it could lead to significant upside space.
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