According to the current liquidation map, a market reaction just occurred, liquidating a wave of short positions. The market is currently controlled by bullish sentiments. Based on the current price of Bitcoin, which is around $108,200, if the market fluctuates another $2,000 upwards, reaching approximately $110,200, the total amount of liquidated short positions is expected to be around $10.7 billion. In the event of a market decline to approximately $106,200, the total amount of liquidated long positions is expected to be around $10.69 billion. The Bitcoin spot ETF experienced a withdrawal of $14.1 million yesterday, while the Ether spot ETF saw no movement of funds yesterday. Market Overview: Market direction: short-term fluctuations will continue. Currently, judging by the market dynamics, it is still in a fluctuation phase on the daily chart, not changing its trend, and Ethereum and most altcoins are also mainly in a state of fluctuation. Currently, the market is being driven by news, indicating that the market is waiting for tomorrow, when the suspension of tariffs will end, and for what the Americans will say. Therefore, I believe that in the short term, contracts should remain within short-term fluctuations. A warm reminder: the main strategy is light positions with a low multiple, this contract is suitable for investors engaged in short-term trading. Don't forget to take profits in a timely manner and set stop-losses according to your personal position, don't be greedy, it's better to take a small loss than to hold the position! If the market moves in the right direction, you can choose to continue holding.
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Data Analysis:
According to the current liquidation map, a market reaction just occurred, liquidating a wave of short positions. The market is currently controlled by bullish sentiments. Based on the current price of Bitcoin, which is around $108,200, if the market fluctuates another $2,000 upwards, reaching approximately $110,200, the total amount of liquidated short positions is expected to be around $10.7 billion. In the event of a market decline to approximately $106,200, the total amount of liquidated long positions is expected to be around $10.69 billion.
The Bitcoin spot ETF experienced a withdrawal of $14.1 million yesterday, while the Ether spot ETF saw no movement of funds yesterday.
Market Overview:
Market direction: short-term fluctuations will continue. Currently, judging by the market dynamics, it is still in a fluctuation phase on the daily chart, not changing its trend, and Ethereum and most altcoins are also mainly in a state of fluctuation. Currently, the market is being driven by news, indicating that the market is waiting for tomorrow, when the suspension of tariffs will end, and for what the Americans will say. Therefore, I believe that in the short term, contracts should remain within short-term fluctuations.
A warm reminder: the main strategy is light positions with a low multiple, this contract is suitable for investors engaged in short-term trading. Don't forget to take profits in a timely manner and set stop-losses according to your personal position, don't be greedy, it's better to take a small loss than to hold the position! If the market moves in the right direction, you can choose to continue holding.