The cryptocurrency market is poised for significant volatility tonight, as highlighted by Greeks.live macro researcher Adam. In a recent brief, Adam noted a clear divergence in market sentiment. Bulls are optimistic, believing a short-term bottom has formed near $88,500, with expectations of a rebound to the $92,000–$97,000 range. Conversely, bears point to pressure from moving averages and liquidity issues, viewing any rise as a chance to short at higher levels.
The debate centers on whether the $88,500 low is a true bottom and if $90,200 and $92,000 can act as effective support levels. With these uncertainties, traders are preparing for heightened market activity, opting to stay vigilant overnight to monitor developments.
Market Braces for Volatility Amid Diverging Sentiment
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