🔥 Woke up and the market has flipped again—BTC is dropping sharply, leaving everyone numb😭😭



Last night, US stock chip shares plunged across the board, and Nvidia wiped out $250 billion in a single night. Korea’s KOSPI opened down by more than 8%, triggering a circuit breaker, while SK hynix$SKHY
crashed by more than 11%. The crypto market was dragged down too—BTC broke below 64,000, and ETH is back near 1,876.

💣 The trigger is two things:

First, the Iran nuclear issue suddenly heated up. Netanyahu is set to meet with Trump today, reportedly to submit intelligence on Iran’s nuclear program that is being advanced. Trump also said, “If we can’t reach an agreement, we will restore military action.” Geopolitical risk is back again.

Second, the Fed meeting is coming up right away. “The US needs the lowest global interest rates,” said Trump, but the market still expects a 40% chance of rate hikes. Everyone is waiting for a direction.

📊:

$BTC
Bollinger lower band: 63,013; RSI 17.6 is severely oversold. In the short term, 63,000 is support—if it can’t hold, it may fall to 62,000. If it can stay above 64,000, there’s a chance of a rebound to the 65,000–65,700 range.

$ETH
Relatively more resilient: the Bollinger lower band is 1,862. The ETH/BTC ratio has just broken above the 200-day moving average, showing relative strength. 1,870–1,880 is short-term support, with resistance at 1,930–1,950.

SK hynix: This is the most volatile—it plunged from 1,128 to 927 and then bounced back to 1,097. Long positions were liquidated one after another, totaling more than $26 million. Spot is mainly a wait-and-see approach—don’t chase pumps or you’ll end up selling everything.

⚠️ With volatility high before the Fed decision, keep your position size under control—don’t go all-in. Short-term traders should wait for BTC to stabilize around 63,000 before considering entries. For long-term traders, placing orders in batches is safer.

👇 What do you think about this pullback—an opportunity or a risk? Let’s talk in the comments
#KOSPI指数日内暴跌9% #夏日创作营
SKHY-15.46%
BTC-2.84%
ETH-4.24%
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TalkingAboutMemeAsTheCoinMakes
· 4h ago
坚定HODL💎
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TalkingAboutMemeAsTheCoinMakes
· 4h ago
Just push through 👊
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