Bitcoin in Limbo as Equities Rally Prior to U.S. Inflation Data
Yahoo Finance ·
U.S. equities advanced on Monday, driven by declining oil prices, while market participants priced in an approximate 80% probability of a Federal Reserve rate hike in December. According to CoinGlass data, total liquidations reached $1.2 billion over a 24-hour period, encompassing $324 million in Bitcoin positions. On the charts, Bitcoin maintains support near $74,400 with initial resistance positioned around $76,040. In traditional markets, the S&P 500 climbed 1.9% and the Nasdaq Composite added 2.2% by mid-morning trading. Meanwhile, Brent crude dropped 4.3% to trade near $94 per barrel, providing broad market support despite a decline in Nvidia shares that briefly unnerved technology sector participants.
AI 시장 분석
U.S. stock markets showed an upward trend amid declining oil prices and expectations of a December Fed rate hike, while Bitcoin exhibited mixed movement around the $75,000 level following $1.2 billion in liquidations over 24 hours. The S&P 500 rose 1.9% and the Nasdaq gained 2.2%, whereas Brent crude fell 4.3% to $94. Investors should focus on managing volatility while closely watching the upcoming U.S. inflation data releases.
상승 영향
- Stock Market — Brent crude fell 4.3%, easing inflationary pressures, while the S&P 500 and Nasdaq rose 1.9% and 2.2% respectively, acting as a positive catalyst for the broader stock market.
하락 영향
- Bitcoin — Out of $1.2 billion in total liquidations over 24 hours, $324 million in Bitcoin positions were liquidated, subjecting the asset to strong downward pressure around the $75,000 level.
- Crude Oil — Brent crude prices declined 4.3% to record about $94 per barrel, creating pressure on the short-term profitability of energy and oil-related assets.
DYAX 전담 분석
Despite falling oil prices and a stock market rebound, Bitcoin is testing support around the $74,400 level due to the release of large-scale liquidation volume. This indicates intensified short-term selling pressure resulting from the unwinding of leveraged positions.
If upcoming inflation figures exceed expectations, concerns over additional rate hikes could expand volatility across asset markets as a whole. Monitoring whether Bitcoin can break through the $76,040 resistance level and tracking trading volume trends remain crucial.
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DYAX Investor Sentiment
Bullish (Long) 59% · Bearish (Short) 41%
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