Greeks.live: Traders expect BTC prices to continue to fluctuate and may return to the $8-$82,000 level

Odaily Planet Daily News Greeks.live released a community briefing noting that the community is mainly bearish to neutral, and traders expect the price of Bitcoin to continue to fluctuate, after which it may return to the level of $80,000 to $82,000. Although some optimistic bulls expect the price to rise to $90,000, most traders remain cautious and have little confidence in the direction of the market, instead focusing on volatility movements and option ratios. Powell's comments created downward pressure as expectations of a 100 basis point rate cut this year were lowered, leading to a stronger correlation between cryptocurrencies and traditional markets.