Jackson Hole Dey Come: Bitcoin Dey Fall, Ether Near Liquidation
Di risk wey Jackson Hole event carry dey weigh down crypto market as bitcoin drop under $115,000 and ether dey slide go critical liquidation zone. As Fed Chair Jerome Powell go yan for Jackson Hole symposium, traders don liquidate over $400 million long position, wey carry BTC go under e 50-day moving average and ETH dey approach $4,170 — where on-chain data dey show say plenty forced sell dey happen. Funding rates don turn negative and risk reversals dey favor puts, wey show say people dey cautious ahead Jackson Hole. Ether slide follow record validator exit queue and e happen despite BlackRock ETHA ETF get record volume and $2.3 billion inflows. Bitcoin-to-altcoin liquidation ratios don reach lowest wey nobody see since early 2024, wey mean say speculation dey pressure tokens like Dogecoin after Qubic vote target the DOGE network. Meanwhile, traditional assets dey mixed: gold dey rise, European stocks dey dip, and U.S futures just dey silent. Main catalysts wey dey come include new perpetual futures for nano SOL and nano XRP, Qubic upcoming halving, and multiple Fed plus macroeconomic events. Traders suppose dey watch how funding move, ETF flows, and on-chain liquidations dey go as Jackson Hole dey come.
Bearish
Di Jackson Hole symposium wey dey come plus Fed Chair Powell speech wey dey come don cause risk aversion, e make bitcoin drop under im 50-day moving average and push ether toward forced liquidation for $4,170. Overnight, over $400 million longs don wipe out, funding rates don turn negative, and put options don gain favour—na classic bearish signals. Historical wahala around Jackson Hole dey often trigger high volatility as traders dey prepare for policy clues. For short term, expect pressure to continue from on-chain liquidations and negative funding. For long term, any dovish hints for Jackson Hole fit stabilize markets, but immediate outlook still dey cautious.