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After Bitcoin drops below 76k USD, the entire network suddenly goes quiet: Has Polymarket secretly changed the script?
In the last few days of May, the crypto world finally transitions from the "全民牛市幻觉" (全民牛市幻觉) to "reality education time."
After Bitcoin falls below 76k USD, many people's first reaction isn't to buy more.
It's to open their accounts and confirm they're still alive.
A few days ago, the influencers still shouting "$100k is just the starting point," now collectively start studying support levels.
EMA, Fibonacci, weekly trend lines—all are out now.
The most amazing thing in the crypto world is:
When prices rise, everyone acts like Buffett; when they fall, suddenly everyone becomes a technical analysis master.
But what's truly interesting is actually Polymarket's prediction data.
Currently, the market's most concentrated betting range isn't above $80k.
It's between $75k and $78k.
What does this indicate?
It shows that smart money is starting to believe:
In the last few days of May, Bitcoin is unlikely to surge wildly or crash dramatically.
Instead—it's going to be a grind.
Why?
Because the market currently lacks genuine major positive news.
ETF funds are still there, but enthusiasm has clearly cooled;
The Fed's rate cut expectations are bouncing back and forth;
Altcoins are once again aggressively sucking blood.
Bitcoin now feels like a "middle-aged top influencer."
Famous still.
But traffic is starting to feel anxious.
My personal most likely scenario now is actually quite simple:
Close the month around $77k.
This position is the most comfortable.
Not comfortable for retail investors.
But comfortable for the big players.
Because:
The bulls are reluctant to exit;
The bears don't dare to go all-in;
Exchanges continue to steadily harvest trading fees.
Sometimes, the crypto market isn't like traditional finance markets.
It's more like a large-scale psychological test.
Whoever gets emotional first, pays the tuition first.
And recently, the most miserable aren't spot traders.
It's high-leverage contract players.
Morning bullish;
Afternoon gets pierced;
Evening reverses to short;
Late night, they start doubting life.
In the end, they realize:
The only consistently profitable platform is the exchange.
So now, don't rush to bet on "hitting 80k by the end of the month" or "a complete crash."
In a volatile market, the most common thing is to make everyone uncomfortable. #Polymarket每日热点