Data Analysis:


According to the current liquidation map, the market is predominantly long. Based on the current Bitcoin price around $114,100, if the market fluctuates another $2,000 up or down and rises again to around $116,100, it is expected that the total liquidated amount for shorts would be about $800 million. Conversely, if the market falls to around $112,100, the total liquidated amount for longs is expected to be about $740 million.

Market View:
Market Direction: Mainly fluctuating and consolidating. From the current market trend, there has been a slight rebound overall, and Ethereum along with altcoins have followed suit. However, the overall rebound strength of the market is limited. I personally believe that the market will continue to primarily fluctuate and consolidate. In terms of contract operations, it is still mainly focused on short-term/breakout strategies, and additionally, pay attention to the CPI data release this week.

Subscription Benefits:
Welcome family members to subscribe and enjoy early ambush layout together. At the same time, there are contract strategies for ETH and SOL with the subscription. Don't just feel excited, take action and subscribe quickly~
BTC0.86%
ETH6.06%
GT-0.55%
SOL4.65%
View Original
post-image
post-image
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
GateUser-63579d28vip
· 23h ago
dd
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)