In the past 24 hours, a total of 100,879 people worldwide have been liquidated in margin calls, with the total liquidation amount reaching $266 million. Shorts were liquidated for $103 million; the pressure was released and institutional funds are also flowing back in. After BTC holds steady above 81,000, the market has entered a new round of rotation. Next, the key is whether major coins can recover and whether altcoins can catch up. The likely fund flow path is: BTC first stabilizes to accumulate, then major coins recover, and finally altcoins make up the lag.
The fundamentals are also improving right now: the stablecoin ecosystem is becoming increasingly mature. Infrastructure like USDC is tightening the linkage between traditional finance and crypto, and compliant capital is looking for entry points. AI + RWA has become the new story—AI may eventually trade, pay, and even handle financial activities on its own, while RWA brings real-world assets onto the blockchain. Institutions are watching closely, and it could be the next growth catalyst.
However, global uncertainty remains. Some countries’ currencies are under pressure, and Bitcoin’s value-as-a-store-of-value narrative has been brought back into focus. Demand for digital assets as an alternative allocation is increasing. $BTC
The fundamentals are also improving right now: the stablecoin ecosystem is becoming increasingly mature. Infrastructure like USDC is tightening the linkage between traditional finance and crypto, and compliant capital is looking for entry points. AI + RWA has become the new story—AI may eventually trade, pay, and even handle financial activities on its own, while RWA brings real-world assets onto the blockchain. Institutions are watching closely, and it could be the next growth catalyst.
However, global uncertainty remains. Some countries’ currencies are under pressure, and Bitcoin’s value-as-a-store-of-value narrative has been brought back into focus. Demand for digital assets as an alternative allocation is increasing. $BTC
