Market's throwing some wild signals lately. December rate cut odds jumped from a measly 22% all the way to 67% — that's not a shift, that's a earthquake. Meanwhile, almost every daily chart indicator screams oversold. We're talking deep red territory here.
Fear gauge? Stuck in Extreme Fear mode for nine straight days now. That's the kind of sustained panic you don't see often. Then there's the ETF drama — November 20th saw $900M bleeding out of BTC funds in a single session. Ouch.
On the stablecoin front, USDT dominance hit 6.4% weekly resistance. Classic ceiling test. And here's the kicker: quantitative tightening wraps up December 1st. All these pieces lining up? I'd bet on a bounce incoming. Timing's never perfect, but the setup's there.
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SeeYouInFourYears
· 11-25 19:58
900M evaporated overnight, this market is really playing people for suckers
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Extreme fear for nine days without a rebound? It feels like the bottom is still being established
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Rate cut jumped from 22% to 67%, is this wave really about to reverse?
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Those who dare to buy the dip despite being so oversold are truly brave; I don't have that courage
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QT ends on December 1st, this timing is just too coincidental... it really feels like there's a hint of a bounce
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USDT hit the resistance level, and the stablecoin market is starting to engage in battles
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The chart is all red, but this is often when opportunity arises
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Extreme fear for nine days, this frequency is rare in history; is a rebound still far off?
View OriginalReply0
ContractCollector
· 11-24 04:04
67% probability? This rate cut is really coming, are you scared?
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9 days of extreme fear... sounds like a buy the dip signal, but I still feel it's precarious.
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900M has run out from the BTC fund, this is truly voting with feet.
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The day qtending ends is probably going to explode, we'll see who can catch a falling knife then.
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Every time it’s said that a rebound is coming, it ends up crashing again... I choose to wait and see.
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USDT is testing the resistance level again, feels like nothing new.
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I'm tired of the term oversold, only when it truly rebounds is it worth discussing.
View OriginalReply0
HorizonHunter
· 11-23 12:04
ngl this wave has a 67% chance of doubling directly, it's really a bit hard to hold on
900M evaporated overnight, large investors are running pretty fast
Extreme panic has lasted for nine days... at this time, we should instead follow the rebound, historical experience tells me
USDT resistance level has already hit, there will definitely be changes after the QT ends on December 1st
View OriginalReply0
NFTRegretter
· 11-23 12:04
900M a day just got spat out, this wave of panic is a bit ridiculous
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A 67% chance sounds intimidating, but when it really comes, it still has to fall
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Oversold for nine days, the rebound should be coming this time
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The USDT resistance level has already been hit, now let's see how the Fed's scalpel cuts
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The day quantitative easing ends, I bet it will turn green for a bit
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This market is like a movie, with climaxes one after another
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Staying in the deep red zone for nine days, someone must have bought the dip.
View OriginalReply0
FOMOrektGuy
· 11-23 12:00
Wait, 67% probability of a rate cut? Is that for real? It was just 22% a couple of days ago... this reversal is way too drastic.
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900M dumped, the market is really panicking, it's painful to watch.
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ngl, this feels so oversold... is a rebound coming?
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Extreme fear mode has lasted 9 days already, this one's really intense, haven't seen it go on this long before.
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Just waiting for QT to end on December 1st, feels like that's going to be a turning point.
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USDT resistance level is being tested again, can it break through this time?
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The whole situation is a complete mess, but there are indeed signs of a rebound, just depends on whether it can be seized.
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With all these signals piling up... am I being too optimistic about a rebound?
View OriginalReply0
UnruggableChad
· 11-23 11:42
Nah, this time it's really a bit different. From 22% to 67%, it took off directly, it's scary.
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900m in a day just rug pull? Is this closing all positions or really just scared?
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Those who dare to buy the dip when it's oversold this deep are warriors.
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Wait a minute, only coming after qt ends the rebound? Feeling like I'm going to get trapped again.
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9 days of extreme fear is indeed rare, but I still don't believe in the bottom.
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With such a hard ceiling on usdt, are stablecoins going to have problems?
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This setup looks good, just afraid it's another false breakout.
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Rate cut jumped from 22 to 67, this change is a bit too fast, right?
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Red to deep red, green to deep green, I'm already numb.
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Whether the bounce comes or not is another story; the key is not to crash again.
View OriginalReply0
RugDocScientist
· 11-23 11:39
67% probability? Oh my, that changed way too fast. I was just out for a bit...
Wow, 9 days of extreme fear, this is something else.
900M outflow from BTC... are the buyers really hardcore or just plain foolish?
Wait, is QT really over? Then I need to watch my positions closely.
It's this oversold already, is the rebound still far off?
I'm betting on a rise in December.
Market's throwing some wild signals lately. December rate cut odds jumped from a measly 22% all the way to 67% — that's not a shift, that's a earthquake. Meanwhile, almost every daily chart indicator screams oversold. We're talking deep red territory here.
Fear gauge? Stuck in Extreme Fear mode for nine straight days now. That's the kind of sustained panic you don't see often. Then there's the ETF drama — November 20th saw $900M bleeding out of BTC funds in a single session. Ouch.
On the stablecoin front, USDT dominance hit 6.4% weekly resistance. Classic ceiling test. And here's the kicker: quantitative tightening wraps up December 1st. All these pieces lining up? I'd bet on a bounce incoming. Timing's never perfect, but the setup's there.