TechFlow news, December 1: Matrixport's daily analysis indicates that Bitcoin's price has encountered strong resistance at the critical $92,000 level, with upward momentum clearly slowing. Although the market widely expects the Fed to begin rate cuts next week, related ETFs have seen only modest net inflows, reflecting overall weak funding conditions. Meanwhile, signals of tighter monetary policy in Japan have heightened market anxiety, with 2-year Japanese government bond yields rising above 1% for the first time since 2008, prompting investors to reassess the consistency of dovish policies among major global central banks. Analysts believe that even if the Fed sends a dovish signal, it may not offset tightening expectations elsewhere, leaving the overall policy environment relatively tight and prompting institutional investors to continue reducing their Bitcoin exposure.
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