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Coinbase Institution: BTC Falls Below Bull Market Support Belt, Current Breakthrough Trading Opportunities Are Greater Than Flying Knives

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2025-12-03 02:06:37
Coinbase Institutional said that with the end of quantitative tightening (QT) and the Federal Reserve re-entering the bond market, the pressure to withdraw funds from the market may have passed. This is usually good for risky assets such as cryptocurrencies.
As to why Bitcoin has plummeted, the agency has given answers: BTC has fallen below the main support band of the bull market; options traders have turned sharply bearish; early OG whales have been selling; spot Bitcoin ETFs have seen massive outflows; DAT has hit the brakes.
In the current environment, the agency sees high-probability opportunities as favoring breakout trades rather than knife-catching.
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