Bitcoin’s Midday Slump: A Dance of Dollars and Despair 💸📉

Markets

What to know, darling? 🎭

  • Bitcoin, that fickle flapper, has abandoned its Asian-hour gains, now slinking below $88,000. Alts? They’re all out of step too. 💔
  • The Nasdaq futures, ever the drama queen, have wilted in tandem-a duet of despair! 🌡️📉
  • Traders, wise as owls, have shed leveraged bets. Open interest? A shrinking shadow in the crypto ballroom. 🤝💸

Bitcoin, once strutting above $90k, now prances below $88k like a poorly choreographed tango. Altcoins? Ether, Solana, and their ilk-back to the drawing board! 🦆 The CD20 Index? A yo-yo between 2,726 and 2,789. How tedious. 🕺

The Nasdaq 100 futures, that old flame, still smolder in the background, down 0.5%. A cautious start to the day? More like a yawn. 😒

Wintermute whispers: BTC and the Nasdaq are locked in a sizzling tango, especially when the latter falters. 💃🔥

Open interest, that fickle friend, has dipped to 533k BTC. From 540k to 524k-it’s a waltz of uncertainty! 🕺

Laser Digital notes: “The U.S. timezone? A crypto wasteland. Asians dance; Americans droop. Tax harvesting, perhaps? A year-end waltz of selling. 🧾”

John Glover, that bullish bard, croons: “BTC’s chart? Promising, but the near term’s a fog. Watch for sideways wiggles and longs between $71k and $84k.” 🕊️

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2025-12-29 13:45