Just refreshed and saw Binance hot search: the short position of $SPCXB has dropped to 11%, and within the day it surged directly to close in on 12%. The shorts are getting squeezed badly 😂
From the data, the rapid decline in short positions suggests that market sentiment is shifting, and funds are starting to flow back. Looking at the overall market too: the total market cap is 2.18T, down only 0.33%—the 24h trading volume is down 15%. Net inflows for the BTC ETF are temporarily back to zero. The Fear & Greed Index is 38, still in the fear zone.
Short-term sentiment is a bit repaired, but volume hasn’t caught up. Next, we’ll need to see whether it can truly break out with real volume. Over on Solana, there’s also an issue with the staking routing and it’s close to shutting down; mainnet stability still needs close monitoring. Recently, BSC heat is picking back up—everyone remember to keep an eye on Musk’s track’s 🐶mar vin, the biggest “gold dog”!
What do you think? Will BTC keep grinding at the bottom today, or can it bounce back a bit?
#SpaceX #BTC #加密市场
From the data, the rapid decline in short positions suggests that market sentiment is shifting, and funds are starting to flow back. Looking at the overall market too: the total market cap is 2.18T, down only 0.33%—the 24h trading volume is down 15%. Net inflows for the BTC ETF are temporarily back to zero. The Fear & Greed Index is 38, still in the fear zone.
Short-term sentiment is a bit repaired, but volume hasn’t caught up. Next, we’ll need to see whether it can truly break out with real volume. Over on Solana, there’s also an issue with the staking routing and it’s close to shutting down; mainnet stability still needs close monitoring. Recently, BSC heat is picking back up—everyone remember to keep an eye on Musk’s track’s 🐶mar vin, the biggest “gold dog”!
What do you think? Will BTC keep grinding at the bottom today, or can it bounce back a bit?
#SpaceX #BTC #加密市场