Last night, after the data release, Bitcoin initially surged by 3,000 points then dropped by 4,000 points. What exactly happened behind this intense volatility?



There are already issues with yesterday’s employment data. The employment rate performed well, but the unemployment rate actually increased. It’s quite strange for both indicators to rise simultaneously. Revisions to US data have become routine. Whether the Federal Reserve continues to cut interest rates or pauses in 2026 directly impacts market expectations. The key to the market’s direction lies in whether the adjustment is 25 basis points or 50 basis points.

Signals of Japan’s interest rate hike are increasingly imminent, causing the crypto market to follow suit with volatility and a lack of clear direction. Interestingly, based on the actions of various institutions and whales, large funds are continuously accumulating. With such massive capital inflows and frequent positive news, why is Bitcoin still bouncing within this range? This is precisely something to be cautious about.

Looking closely at recent trends, Bitcoin hovering around 88K is indeed wearing out retail investors’ patience. Once everyone perceives this as a safe zone, it’s often the most dangerous time — this is the so-called “black under the lamp.” After retail funds fully pour in, a surge follows, then ruthless sell-offs quickly spread panic. Pay close attention to the support levels at 857 and 826; a break below them could signal further downside risk.

From today’s bullish and bearish performance, shorting around 865 is the mainstream choice. Resistance levels are around 882-887-894, with a high near 900. To go long, one can only buy on rebounds. The entry point for short positions is set at 891; if it breaks downward, look further toward the 86 region. (This is just my personal analysis approach.)
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BlockchainArchaeologistvip
· 2025-12-20 11:15
Data is strange, the market is starting to go haywire. The Federal Reserve's move is really incredible... Whales are accumulating while we're still being eaten, this is outrageous.
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OnchainUndercovervip
· 2025-12-19 08:54
The Fed's data is really outrageous, with employment rate and unemployment rate rising at the same time? How magical is that? No wonder the big players keep tricking retail investors into entering the market. Whales are疯狂抄底 but Bitcoin is still stuck at 88K, what does that mean? It just means waiting for retail investors to get overly excited, then a wave of selling will cause a爆单. I see through this套路. 857 and 826 must be watched closely, break below and run, don't be greedy. There are indeed many short positions at 885, it feels like a trap. This wave is a bit strange, better to earn less than to get squeezed out.
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retroactive_airdropvip
· 2025-12-18 08:51
When 888 started pouring in, I knew something was up... The whales are so fierce at the bottom, retail investors are still hesitating about safety, typical case of the pot calling the kettle black.
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ForeverBuyingDipsvip
· 2025-12-17 20:50
Is this the same routine again? Whales bottom-fishing, good news constantly emerging, grinding down and consuming... I'm tired of hearing it, the real bottom hasn't arrived yet. --- This 88 level keeps grinding back and forth, I just watch others follow the trend with anxiety, whether to eat or sleep. --- The concept of "black under the lamp" sounds ridiculous, are retail investors really that stupid... --- 857, 826, 891—just a bunch of numbers, in the end, it's still about the Federal Reserve's stance. Isn't that nonsense? --- I dare to bet that big funds are bottom-fishing and taking over, how long has this routine been played? --- Jobs data showing simultaneous growth? That data itself is a joke. --- Good grief, every time they say to be cautious but still keep grinding, I’ve already sold my patience. --- The positions at 888 above either break or hold, what nonsense is that? --- Wait, are whales really bottom-fishing or just shaking out? How do I tell the difference between these two?
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Ser_APY_2000vip
· 2025-12-17 20:50
It's the same trick again: data is released to lure more buyers first, then to wipe out the market. Retail investors are always the last to take the fall.
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SchrodingerWalletvip
· 2025-12-17 20:49
Coming back with this set again? The data drops and then plunges, retail investors get cut again and again Whales are bottom fishing while we're selling off, this game is unplayable The 88 range keeps grinding back and forth, waiting for retail investors to chase highs and then dump... old tricks Will the Federal Reserve cut interest rates or not? That's the key, everything else is just noise Darkness under the lamp is indeed accurate; every time everyone feels safe is when it's the most dangerous Can 857 hold? Feels like it might break again
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liquiditea_sippervip
· 2025-12-17 20:49
All the data are just a smokescreen; the Federal Reserve has known this for a long time. The key still depends on how the whales move. Retail investors are probably being cut again. Holding back at the 88 level for so long is really dangerous. The saying "black under the lamp" is spot on; the safest places are often the most likely to turn over. Bitcoin will either crash to 826 or rise to 900; in between, it's just a pancake. What’s the point of catching the bottom with big funds? Retail investors entering just get locked in. I really can't understand the logic behind this Fed correction; it's ridiculous that the unemployment rate is still rising. Once 857 breaks, it might be beyond saving—that's the bottom line, right? There are indeed many short sellers at 865, but that might not necessarily be the right direction.
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GameFiCriticvip
· 2025-12-17 20:48
Oh wow, this "darkness under the lamp" tactic is really clever. Big funds are still quietly accumulating, while retail investors have already been exhausted. By the time they realize it, it’s probably too late to get on board.
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CryptoPunstervip
· 2025-12-17 20:38
The phrase "灯下黑" is really clever. I'm standing under that lamp right now, waiting to be hit. The whale is bottom fishing, and I'm doing homework. I feel like I've played this script before. The big pancake is grinding at 88, and I'm grinding my teeth. Same here, same here. Federal Reserve data can be self-contradictory. How much brainpower does that take? I'll just look at the K-line. Once 857 breaks, we'll all go to 826 to be buried together. Don't say I didn't warn you. This wave of the market really keeps people on edge. If I wasn't short on money, I would have changed careers long ago. 25 basis points or 50 basis points, anyway, my losses are infinite basis points. Watching all the big players operate, I just quietly count how many zeros are left in my wallet.
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FOMOrektGuyvip
· 2025-12-17 20:38
Coming with this again? The US data is strange, and the crypto market is chaotic. I see through this trick of hiding darkness under the lamp; it's just waiting for retail investors to take the bait.
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