According to the current liquidation map, the market is currently dominated by short positions. Based on the current Bitcoin price of around $107,800, if the market rises again to around $110,000, the total liquidatable short amount is expected to be approximately $1.8 billion. Conversely, if the market drops to around $105,600, the total liquidatable long amount is expected to be approximately $1.48 billion. From the Bitcoin ETF institutions, it can be seen that BlackRock and other institutional funds have been experiencing inflows, with a net inflow of $433 million yesterday. Market View: Market Direction: The short-term trend is mainly sideways at a high level. From the current market trend, it is not difficult to see that the overall market is fluctuating downwards, while Ethereum is slightly stronger, showing a desire to continue rising. However, the overall market seems reluctant to go up. I personally believe that if the overall market rises slightly, Ethereum still has a chance to make another upward move, and the rise of Ethereum will also drive many altcoins to rise. As the end of the month approaches, pay more attention to whether the overall market will change direction by the end of the month. Also, keep an eye on the progress of the Bitcoin conference and tonight's news regarding the number of initial jobless claims in the United States.
Subscription benefits: If family members want to eat more than 3,000 points of profit, then ask family members to open a subscription to enjoy the ambush layout in advance. At the same time, there is also a contract strategy of ETH and SOL, it is better to take action, hurry up and subscribe to go~
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Data Analysis:
According to the current liquidation map, the market is currently dominated by short positions. Based on the current Bitcoin price of around $107,800, if the market rises again to around $110,000, the total liquidatable short amount is expected to be approximately $1.8 billion. Conversely, if the market drops to around $105,600, the total liquidatable long amount is expected to be approximately $1.48 billion.
From the Bitcoin ETF institutions, it can be seen that BlackRock and other institutional funds have been experiencing inflows, with a net inflow of $433 million yesterday.
Market View:
Market Direction: The short-term trend is mainly sideways at a high level. From the current market trend, it is not difficult to see that the overall market is fluctuating downwards, while Ethereum is slightly stronger, showing a desire to continue rising. However, the overall market seems reluctant to go up. I personally believe that if the overall market rises slightly, Ethereum still has a chance to make another upward move, and the rise of Ethereum will also drive many altcoins to rise. As the end of the month approaches, pay more attention to whether the overall market will change direction by the end of the month. Also, keep an eye on the progress of the Bitcoin conference and tonight's news regarding the number of initial jobless claims in the United States.
Subscription benefits:
If family members want to eat more than 3,000 points of profit, then ask family members to open a subscription to enjoy the ambush layout in advance. At the same time, there is also a contract strategy of ETH and SOL, it is better to take action, hurry up and subscribe to go~