The recent market dynamics are extremely intense! According to statistics, if the price of Bitcoin breaks through $68,000, more than $801 million of short orders will be liquidated. On the contrary, if it falls to $63,000, there will be a liquidation risk of $1.558 billion of long orders!
The current market shows a clear unilateral tendency. The total amount of liquidated contracts in the past hour reached $24.33 million, of which Ethereum accounted for $9.76 million, Bitcoin accounted for $8.76 million, and SOL accounted for $878,900. This situation is prone to the possibility of reverse capital operations.
As the K-line continues to rise and good news continues, it is expected that bulls will flood into the market in the next few days. However, it should be noted that only a small part of the funds in these contracts belong to real coin friends, and most of them are provided by exchanges. Therefore, there may be a risk of pin insertion in the market.
Ethereum has broken through $34,000 today and is expected to pass the physical ETF. This reminds us of the substantial increase in positions by "Sun Ge" a few days ago. No matter how his character is evaluated, his ability to make money is indeed unquestionable. It can be imagined that he has reaped rich rewards recently.
