Bitcoin had a shocking jump today! Last night, after surging past 90,000, it suddenly dropped over 5,000, now holding the 86,000 level with fluctuations. The daily decline exceeded 2%, with 85,000 as the critical threshold. The US Federal Reserve's hawkish rate cut + the Bank of Japan's rate hike expectations are weighing heavily, with a strong long liquidation on May 2 + 100,000 trapped positions putting pressure. Institutions have shifted from inflow to outflow, currently dominated by bears. The first resistance for a rebound is at 88,000, and a breakdown can be panic-selling at any time~#加密市场观察
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Bitcoin had a shocking jump today! Last night, after surging past 90,000, it suddenly dropped over 5,000, now holding the 86,000 level with fluctuations. The daily decline exceeded 2%, with 85,000 as the critical threshold. The US Federal Reserve's hawkish rate cut + the Bank of Japan's rate hike expectations are weighing heavily, with a strong long liquidation on May 2 + 100,000 trapped positions putting pressure. Institutions have shifted from inflow to outflow, currently dominated by bears. The first resistance for a rebound is at 88,000, and a breakdown can be panic-selling at any time~#加密市场观察