Market bearish sentiment is strong: traders are positioning for BTC to fall to $105,000 to build a bottom.

[Chain News] On June 19, according to the daily briefing from the data platform's English community, influenced by Powell's FOMC announcement, the market's short-term bearish sentiment is strong. Traders are positioning for a downward trend through July put options, while maintaining a positive delta for the fourth quarter. It is anticipated that the current downward trend of BTC will form a bottom near $105,000.

In addition, the tensions in the Middle East are viewed as a major market driver in the recent past, with some traders going long on put options before a potential U.S. intervention in the Iran situation. The briefing also mentioned that after Powell's term ends, Trump's influence on Federal Reserve policy is limited, and the market expects that the period of unchanged interest rates may be longer than anticipated.

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LiquidityNinjavip
· 06-20 09:41
Can 105,000 really buy everything? Everything is possible in dreams!
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DuskSurfervip
· 06-19 10:59
Fall is just fall, anyway it's just a loss of half.
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WagmiOrRektvip
· 06-19 09:07
Big short positions, just see it and that's it.
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GateUser-ccc36bc5vip
· 06-19 09:06
Can a fall be called with just one hundred thousand?
Reply0
CommunityWorkervip
· 06-19 08:57
Isn't it just an excuse to increase the position at a high point?
Reply0
LiquidationWatchervip
· 06-19 08:51
It's normal to have a long position.
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