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The whale "sets 10 a major target first": Amid multiple macro headwinds,BTC only pulled back by approximately 5%, without falling below 79000 USD will continue holding

BlockBeats reported that,October 9, the whale "sets 10 major targets first" (@jasonleo) posted late at night, sharing that in this round of BTC pullback, what deserves the most attention is not the decline, but "why it fell only this much." The whale noted that recently, 30-year U.S. Treasury yields approached 5.7%、10-year U.S. Treasury yields were approximately 5.3%, expectations of another rate hike within the year strengthened, while oil prices and inflationary pressures resurfaced. Multiple macro headwinds were piling up, yet BTC currently only pulled back by approximately 5%.

jasonleo believes that the price reaction to the news is itself important information. When a single macro headwind emerged in the past,BTC could decline by 10%or more, whereas in this round, despite pressure from multiple headwinds, the price has not suffered significant damage, instead indicating that the current uptrend has some resilience. He compared the current trend with BTC the previous 58000 USD bottoming market near BTC He stated that he currently does not believe 78000 USD will fall directly to 74000 USD or even 79000 USD and designated BTC as the level to monitor for reducing positions: If 79000 USD falls below 78000 USD, he will begin reducing positions; if the daily close falls below https://m.theblockbeats.info/flash/370878