Greeks.live: If BTC loses the $104,000 support level, altcoins may "die"
Greeks.live macro researcher Adam released an English community briefing, noting that the group generally exhibits a bearish sentiment, with traders maintaining short positions and focusing on the key BTC support levels at $104,000 and $100,000. If the $104,000 support is lost, altcoins may "die out," which has raised significant concerns. Additionally, geopolitical tensions surrounding Iran have further increased market uncertainty.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: Labor data may prompt the Federal Reserve to end its hawkish rate-cut era
The Federal Reserve will release PCE data tonight, with CPI absent as the sole inflation indicator.
