Reasons for being bearish? Let me list out the hard facts for you.
First, the Fed’s interest rate cuts have directly squeezed the arbitrage space—that’s card one. Then, the yen raised rates, further narrowing arbitrage opportunities—card two. Next, USDT continues to trade at a negative premium, which is a clear signal of stricter regulation—that’s a solid third card, right?
On a broader scale, there are no real signs of a reversal in the long-term downtrend; the technical indicators are clear—fourth card. And don’t forget, the USD/JPY exchange rate has already pulled back 2%, showing a shift in capital flow—fifth card complete.
With these five factors combined, a bullish reversal? That’s going to be extremely tough. BTC and ETH are likely to remain under pressure in the short term; market sentiment hasn’t reached a turning point yet.
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AllTalkLongTrader
· 1h ago
With five stacks of cards so neat, I really think the bulls are a bit shaky.
Here we go again, with the yen rate hikes and exchange rate corrections... I'm already tired of hearing it, and there's no bottom in sight.
The issue of USDT negative premium, someone should have clarified it long ago.
Short-term pressure, huh? Then keep shorting, anyway, the technicals are not looking good.
Wait, is the Federal Reserve really going to cut interest rates? That could have quite a disruptive impact.
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BlockDetective
· 7h ago
Five stacks of cards together, this bullish game is indeed hard to play. But I do want to see how far this wave can go before it's over.
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unrekt.eth
· 12-08 05:48
Short-selling on five cards, but I just want to ask— is this arbitrage opportunity really gone? Has history never repeated itself?
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MoneyBurnerSociety
· 12-08 05:46
Talking about arbitrage opportunities again. The last time I heard this was in the contract account three months ago, and now that account has become a memorial.
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TokenVelocity
· 12-08 05:45
Stacking five cards together is pretty intense, but this logic about arbitrage compression... is it just another case of crying wolf?
The bears are always so eloquent, but what about when it rebounds from the bottom?
Watching BTC and ETH keep dropping is frustrating too. If only I’d gone all in three months ago.
Reasons for being bearish? Let me list out the hard facts for you.
First, the Fed’s interest rate cuts have directly squeezed the arbitrage space—that’s card one. Then, the yen raised rates, further narrowing arbitrage opportunities—card two. Next, USDT continues to trade at a negative premium, which is a clear signal of stricter regulation—that’s a solid third card, right?
On a broader scale, there are no real signs of a reversal in the long-term downtrend; the technical indicators are clear—fourth card. And don’t forget, the USD/JPY exchange rate has already pulled back 2%, showing a shift in capital flow—fifth card complete.
With these five factors combined, a bullish reversal? That’s going to be extremely tough. BTC and ETH are likely to remain under pressure in the short term; market sentiment hasn’t reached a turning point yet.