If Bitcoin continues to go down, I’m watching the 86,600 and 84,300 levels; they seem like good opportunities to buy the dip. For Ethereum, it’s more straightforward—you might consider going long around 2,830.
However, keep a key point in mind—if BTC breaks below 84,000, we could be looking at prices starting with a 7. Of course, with the Fed signaling possible rate cuts, that kind of drop to the 70,000s might not happen in the short term. But don’t forget, there are still expectations of a rate hike from Japan, and if that materializes, market sentiment could reverse in an instant—anything could happen then.
In short, pay attention to the key levels, but also be mentally prepared for increased volatility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
AlwaysQuestioning
· 8h ago
84,000 is really a life-or-death line—if it breaks, we have to prepare for the worst.
The yen rate hike is still up in the air; let's wait for the dust to settle.
Buying ETH at 2,830 is a solid idea, it just depends if it can hold.
Honestly, with the market flipping back and forth like this, whoever stays steady wins.
If the Fed really cuts rates, even $70,000 might not be enough to hold.
Be cautious with bottom-fishing—the volatility is so high, there’s just no confidence.
The 86,600 level feels a bit shaky, maybe it’s better to wait a bit longer.
View OriginalReply0
ContractSurrender
· 8h ago
84,000 has been broken, so now we really have to see if 70,000 can hold. The yen is such a nasty variable—where's the rate cut they promised?
View OriginalReply0
ArbitrageBot
· 8h ago
The variable of a yen rate hike is really terrifying—the price drops as soon as it drops, and all these levels will become meaningless by then.
If 84000 breaks, there’s really no bottom, but I’m still waiting—there’s no need to rush anyway.
If you want to buy ETH at 2830, you’ll have to watch BTC’s movements, don’t get your hopes up.
View OriginalReply0
gas_fee_trauma
· 8h ago
If the 84,000 barrier really breaks, I’ll cry. After this drop, my mentality is shattered.
View OriginalReply0
MevHunter
· 8h ago
That 84300 level is definitely attractive, but it feels like it still needs to drop further.
If Bitcoin continues to go down, I’m watching the 86,600 and 84,300 levels; they seem like good opportunities to buy the dip. For Ethereum, it’s more straightforward—you might consider going long around 2,830.
However, keep a key point in mind—if BTC breaks below 84,000, we could be looking at prices starting with a 7. Of course, with the Fed signaling possible rate cuts, that kind of drop to the 70,000s might not happen in the short term. But don’t forget, there are still expectations of a rate hike from Japan, and if that materializes, market sentiment could reverse in an instant—anything could happen then.
In short, pay attention to the key levels, but also be mentally prepared for increased volatility.